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The Memecoin Crawling Its Way to the Top With a 60% Rise

Hello and welcome to Crypto Intel, the twice-weekly newsletter covering the latest updates, breaking news, and exciting opportunities in the crypto world.

Sometimes, the biggest events don't feel like events at all. Just a stray tweet, a misstep, or a click made at the wrong moment.

But that's how tides shift—in silence, in seconds, in sentiment. This week, the stories that mattered weren't the ones shouting for attention.

They crept in through wallets, conference calls, and regulatory drafts. One changed a portfolio, one changed a policy, and one tried to change the public narrative.

This isn't noise—it's signal. And it's already shaping what happens next.

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Market-Moving News

This week's biggest shifts didn't come with headlines. They came with losses, liquidity, and lawmakers.

A mistyped address. A record-breaking inflow. A single sentence in parliament.

These stories may look unrelated, but follow the pattern. They're where power, perception, and price quietly collide.

Security

Investor Loses $2.6M in Stablecoins to Double Phishing Scam

A crypto investor lost $2.6 million in stablecoins in just three hours after falling for two separate phishing scams. The attacker used a zero-value transfer technique, a type of advanced on-chain address poisoning.

The scam exploits how users often rely on past transaction history when verifying wallet addresses. In this case, the attacker sent "zero USDT" to the victim using a spoofed address that appeared trustworthy.

Because the transaction involved zero funds, no private key signature was required. This allows it to appear in the victim's wallet history without alerting them to foul play.

When the victim later sent funds, they mistakenly reused the spoofed address. In total, they sent 843K USDT, then 1.75M USDT a few hours later.

This tactic has gained traction since 2023, when a similar attack netted $20M in USDT. That attacker was eventually blacklisted, but not before the funds were siphoned.

Recent studies show over 270 million such poisoning attempts across Ethereum and BNB Chain in the past two years. At least 6,000 were successful, leading to more than $83M in confirmed losses.

Investors should avoid copying wallet addresses from transaction history or clipboards. This case underscores the growing sophistication of crypto phishing and the need for smarter wallet protections and user habits.

Markets

Crypto ETP Inflows Hit $10.8B YTD After $3.3B Weekly Surge

Crypto exchange-traded products (ETPs) saw $3.3 billion in inflows last week, bringing year-to-date totals above $10.8 billion. It's a new record, according to data from CoinShares released May 26.

Assets under management briefly touched $187.5 billion, signaling a growing institutional appetite. CoinShares says macro fears like the Moody's downgrade are pushing capital toward digital diversification.

Bitcoin ETPs led the charge with $2.9 billion in fresh inflows. Notably, short-BTC products also saw $12.7 million, suggesting some traders are hedging upside momentum.

Ethereum followed with $326 million in inflows, marking five consecutive weeks of gains. The recent Pectra upgrade likely helped sustain bullish sentiment.

XRP-based ETPs weren't as lucky. They saw a record $37.2 million in outflows after an 80-week inflow streak, despite headlines around ETF speculation and futures volume.

This surge in inflows also marks a full recovery from February–March's $7B pullback. It's the strongest sign yet that institutional conviction remains intact post-correction.

These numbers confirm that crypto ETPs are maturing into core portfolio instruments. For investors, the momentum suggests rising institutional confidence, but also increased volatility as big players rotate capital quickly.

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Politics

Australian Senator Calls Bitcoin a 'Ponzi Scheme' After ATH 

Australian Senator Gerard Rennick called Bitcoin a "Ponzi scheme" on X after BTC hit $111K. He claimed BlackRock would "pump more and more dollars" into a supply-capped asset.

His comments followed a sarcastic prompt from a user and sparked an instant backlash from the crypto community. Rennick doubled down, saying, "You can't eat Bitcoin" and that it produces "nothing."

The Senator leads the populist People First Party after leaving the Liberal National Party in 2024. He has repeatedly criticized what he sees as speculative financial engineering.

Industry voices fired back fast. The Australian Bitcoin Industry Body said Rennick's views were "misinformed" and could result in bad policy decisions.

They argued that Bitcoin already plays a meaningful role in the Australian economy. "The door is open for education," they added—"the question is: will you walk through it?"

Rennick dismissed the uproar, saying, "Why does it matter what I think? Invest as you will." His comments came just as the government is preparing comprehensive crypto legislation.

This shows that political skepticism still lingers, even as crypto adoption grows. For investors, it's a reminder that regulation will be shaped as much by public opinion as market logic—education and advocacy remain crucial.

Coin Leaderboard

Crypto Pulse

Fresh launches, major endorsements, and breakout rebounds. KOKOK soared more than 60% in a single day, BUILDon rallied after a headline-making buy, and CROWN clawed back from volatility with a strong move.

These aren't just price swings—they're ignition points where narrative meets momentum.

KoKoK The Roach (KOKOK) $0.1516 (+60.26%)

KOKOK has been climbing steadily since its May 19 launch, jumping 60.26% in the last 24 hours.

BUILDon (B) $0.4083 (+55.25%)

B spiked 55.25% just days after World Liberty Financial revealed it had purchased the token.

Crown by Third Time Games (CROWN) $0.1486 (+53.84%)

After a choppy run, CROWN bounced back with a 53.84% surge over the past day.

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Future Forward

The sharpest moves don't make noise—they hide in small prints, quiet exits, and lines of forgotten code. Spot them early, and you're not just following the trend—you're setting it.

Crypto Conferences:

💎 Africa Bitcoin Day 2025 (May 27, 2025)

💎 MARE BALTICUM Gaming and TECH Summit 2025 (May 27, 2025 - May 28, 2025)

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Upcoming Airdrops:

🎁 Blockasset (BLOCK) Airdrop (May 31, 2025)

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Upcoming Token Launches:

🚀 Elderglade (ELDE) TGE and Distribution (May 27, 2025)

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🚀 0xFútbol (FUTBOL) SHO on DAO Maker (May 27, 2025)

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Crypto Know-How: What Is an Exit Scam?

An exit scam happens when a crypto project suddenly disappears, taking all the money with it. One day, they're posting updates; the next day, their website and social media are gone.

These scams often start with hype, slick marketing, and a promise of big returns. Once enough people invest, the team "exits" without delivering anything, leaving investors with nothing.

Some exit scams pretend to be hacked, while others just stop responding and slowly vanish. In DeFi, this might involve draining a liquidity pool or rug-pulling a token launch.

For investors, exit scams are a harsh reminder to do proper research. If something seems too good to be true—or too anonymous to be accountable, it probably is.

That's a wrap for this round. If we missed a spark, drop us a line. Thanks for riding the signal with us—same pulse, next wave.

Everything Else

  • $3.3B worth of crypto tokens are set to unlock in June, down 32% from May, with major releases from projects like Sui, Metars Genesis, and Aptos.

  • DDC Enterprise kicked off its plan to buy 5,000 BTC with a 21 BTC purchase, joining a growing trend of Asian firms quietly accumulating Bitcoin.

  • US banking groups have asked the SEC to drop its cybersecurity incident disclosure rule, claiming it compromises infrastructure and increases ransomware risks.

  • Coinbase is facing another lawsuit over its May data breach, with investors now alleging stock losses tied to the company's failure to disclose regulatory violations.

  • Cardone Capital launched a hybrid Bitcoin–real estate fund that converts cash flows from a Miami property into BTC, aiming to onboard users through familiar investment vehicles.

That's our coverage for today; thanks for reading! Reply to this email with feedback or any cryptocurrencies you want me to check out.

Best Regards,
—Noah Zelvis
Crypto Intel