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The Block - 2026-05-26

3 items collected.


1. ‘Critically important’: President Trump backs CFTC Chair Selig’s push to expand prediction market authority

Author: Sarah Wynn
Published: 5/26/2026, 10:09:18 PM
Categories: Legal, Policy, Regulation, U.S. Policymaking, CFTC, Congress

President Donald Trump is publicly backing his CFTC Chair Michael Selig in his push to have authority over prediction markets.

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2. DeFi TVL slides 14% since KelpDAO exploit as risk appetite retreats

Author: Ivan Wu and Bryan Samsoedin
Published: 5/26/2026, 8:37:00 PM
Categories: Crypto Ecosystems, DeFi, The Block, DeFi TVL, Kelp DAO

DeFi outflows have deepened five weeks after the KelpDAO breach exposed new infrastructure risks.

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Author: Kyle Baird
Published: 5/26/2026, 6:57:52 PM
Categories: Companies, Equities, Markets, Public Equities, forward industries, Sharplink

According to data from earlier this month, about $12.2 trillion in investor assets are benchmarked" to the Russell U.S. indexes.

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