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Market news: A South Korean vessel has successfully crossed the Red Sea and is currently on its return journey.
Data: The crypto industry has already donated over $320 million for the 2026 US midterm election cycle
Foresight News reported, according to Follow the Crypto data, companies and individuals related to the crypto industry have donated over $320 million to influence the 2026 U.S. midterm election cycle. Of this, about $127 million went to Republican-related recipients, roughly 11 times the $11.5 million received by Democratic-related recipients; approximately $182 million went to nonpartisan/unknown recipients. Additionally, according to statistics from the same platform, crypto-related Political Action Committees (PACs) still hold over $259 million in funds, with FairShake holding approximately $193 million.
Foresight News reported, according to Follow the Crypto data, companies and individuals related to the crypto industry have donated over $320 million to influence the 2026 U.S. midterm election cycle. Of this, about $127 million went to Republican-related recipients, roughly 11 times the $11.5 million received by Democratic-related recipients; approximately $182 million went to nonpartisan/unknown recipients. Additionally, according to statistics from the same platform, crypto-related Political Action Committees (PACs) still hold over $259 million in funds, with FairShake holding approximately $193 million.
Prominent Trader: HYPE Surge Resembles Previous BNB Peak, Potential Buy Zone Near $50
BlockBeats News, May 31st - Renowned trader Killa (@KillaXBT) announced yesterday that the current trend of HYPE is highly similar to the previous surge structure of BNB, including chart patterns and backtesting features. Therefore, Killa expects HYPE to have a buying opportunity in the $48–52 range. He plans to place long-term buy orders in this range, stating, "If the trend structure remains intact, the risk-reward ratio appears to be very attractive."
Killa, known as a BTC-focused quantitative trader, accurately predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X.
BlockBeats News, May 31st - Renowned trader Killa (@KillaXBT) announced yesterday that the current trend of HYPE is highly similar to the previous surge structure of BNB, including chart patterns and backtesting features. Therefore, Killa expects HYPE to have a buying opportunity in the $48–52 range. He plans to place long-term buy orders in this range, stating, "If the trend structure remains intact, the risk-reward ratio appears to be very attractive."
Killa, known as a BTC-focused quantitative trader, accurately predicted the peak of this bull market in May 2025 and has over 180,000 followers on Platform X.
New Proposal on XRP Ledger to Prevent Flash Loan Attacks Causing Hundreds of Millions in DeFi Losses
On May 31, recent DeFi attacks targeting protocols such as Thorchain, Drift, and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger. Due to the atomic nature of XRPL transactions and the inability to include composable calls within transactions, flash loan attacks are structurally impossible on this network. As XRPL advances its AMM upgrade and the tokenization of real-world assets continues to expand, institutional investors may weigh this built-in resistance to attacks against the deeper liquidity and more mature DeFi ecosystem of Ethereum.
On May 31, recent DeFi attacks targeting protocols such as Thorchain, Drift, and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger. Due to the atomic nature of XRPL transactions and the inability to include composable calls within transactions, flash loan attacks are structurally impossible on this network. As XRPL advances its AMM upgrade and the tokenization of real-world assets continues to expand, institutional investors may weigh this built-in resistance to attacks against the deeper liquidity and more mature DeFi ecosystem of Ethereum.
The wealthy population in the United States is becoming increasingly pessimistic about the national economy.
The XRPL architecture makes flash loan attacks impossible on its network
Strategy Perpetual Preferred Shares STRCx are now live on Kamino
"Maji" follows the Ethereum long, bringing the position value up to $10.36 million and is less than 2% away from the liquidation price.
BlockBeats news, on May 31, according to HyperInsight monitoring, as the market rebounded this morning, "Maji" chose to further chase long positions in Ethereum. As of the time of publication, the value of their holdings has risen to 10.36 million US dollars, with a liquidation price of 1993.9 US dollars. The current price is less than 2% away from the liquidation price.
BlockBeats news, on May 31, according to HyperInsight monitoring, as the market rebounded this morning, "Maji" chose to further chase long positions in Ethereum. As of the time of publication, the value of their holdings has risen to 10.36 million US dollars, with a liquidation price of 1993.9 US dollars. The current price is less than 2% away from the liquidation price.
「BFF」 Longs Ethereum, Position Value Reaches $10.36 Million, Less Than 2% Away from Liquidation Price
BlockBeats News, May 31st, according to HyperInsight data, following a morning rebound in the market, the "Whale" has chosen to once again add to their Ethereum long position. As of the time of writing, their position size has increased to $10.36 million, with a liquidation price of $1993.9. The current price is less than 2% away from the liquidation price.
BlockBeats News, May 31st, according to HyperInsight data, following a morning rebound in the market, the "Whale" has chosen to once again add to their Ethereum long position. As of the time of writing, their position size has increased to $10.36 million, with a liquidation price of $1993.9. The current price is less than 2% away from the liquidation price.
Data: The current whale holdings on Hyperliquid platform are $4.784 billions, with a long-short position ratio of 0.97.
According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform are currently holding $4.784 billion in positions, with long positions totaling $2.35 billion, accounting for 49.12% of holdings, and short positions totaling $2.434 billion, accounting for 50.88%. Long positions have a profit and loss of $42.5695 million, while short positions have a profit and loss of -$106 million.
According to ChainCatcher, citing Coinglass data, whales on the Hyperliquid platform are currently holding $4.784 billion in positions, with long positions totaling $2.35 billion, accounting for 49.12% of holdings, and short positions totaling $2.434 billion, accounting for 50.88%. Long positions have a profit and loss of $42.5695 million, while short positions have a profit and loss of -$106 million.