🪙 Twitter uses Bitcoin tech

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BTC $104,139 (0.0%) | ETH $2,483 (-0.7%) | SOL $154 (1.1%)

• Elon Musk announces X Chat which is built with Rust and uses “Bitcoin style” encryption

• Hyperliquid trader James Wynn returns to open 40x BTC long with $2M of collateral and a liquidation price of $104,580

• The S&P records best May in 25 years

• Metaplanet buys $117M worth of Bitcoin

• Global debt hits new all time high in Q1

• Yuga Labs sells Moonbirds to Orange Cap Games

• Vivek Ramaswamy’s Strive doubles its latest Bitcoin fundraise to $1.5B

• SUI proposal to return hacked Cetus funds passes and funds are released to a multi-sig for distribution

• RexShares files Solana and Ethereum staking ETFs that could go live in a few weeks

• BitMex thwarts an attack by the Lazarus group potentially revealing their IP address

• CZ suggests that it is time to build a dark pool perp dex

• The LOUD token launches and peaks at a $30M market cap before falling to $11M

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