{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/6a16f06bcb11d38a8b30bf2b?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"May 27: AI Security, ETF Selling, and Crypto PAC Wins Dominate the Morning","description":"<h1>Brief Summary</h1><ul><li>Bitcoin is trading around $75.5K this morning after sliding toward key $75K support.</li><li>Ethereum is below $2,100 and remains weaker than Bitcoin on a relative basis.</li><li>Bitcoin has fallen to 13th among global assets, with capital rotating toward AI, semiconductors, gold, and other non-crypto trades.</li><li>Traders are moving defensively into stablecoins, with USDT and USDC dominance rising.</li><li>SoFi launched SoFiUSD to nearly 15 million members, making it one of the first U.S. national banks to offer a stablecoin directly inside a banking app.</li><li>A large holder reportedly sold about $1.29 billion worth of BlackRock’s Bitcoin ETF in a dark-pool trade.</li><li>IREN signed a $1.6 billion Dell agreement to expand AI cloud infrastructure, showing how crypto infrastructure companies are chasing AI demand.</li><li>Coinbase’s Base launched Base MCP, allowing AI tools like ChatGPT, Claude, and Cursor to interact with wallets and DeFi apps.</li><li>Crypto PACs spent about $9 million in Texas and scored wins in both parties.</li><li>The U.K. sanctioned HTX and Russia-linked crypto networks as part of a broader crackdown on sanctions evasion.</li><li>Singapore charged former Hodlnaut CEO Zhu Juntao with six fraud counts tied to TerraUSD exposure claims.</li><li>OpenZeppelin’s CEO warned that AI coding agents have made DeFi increasingly unsafe because attackers can find vulnerabilities faster than defenders can patch them.</li><li>XRP remains range-bound near $1.32 to $1.33 after a failed breakout.</li><li>The stablecoin market remains above $300 billion and is becoming one of the biggest battlegrounds between banks, fintechs, crypto exchanges, and regulators.</li></ul><p><br></p>","author_name":"Matt Diemer"}