In a remarkable turn of events, a victim who lost millions in an Ethereum re-staking exploit has successfully recovered 80% of their funds. The attacker, identified as the "Inferno Drainer" phishing group, returned most of the stolen funds, worth nearly $7 million, on May 26. This rare occurrence has sparked a mix of reactions, with some hailing it as a positive outcome and others criticizing the victim for being careless with their assets.

In other news, the government of Argentina is seeking to learn from El Salvador's pioneering experience with Bitcoin adoption and cryptocurrency activities. The National Securities Commission (CNV) held a meeting with El Salvador's National Commission of Digital Assets (CNAD) to discuss crypto adoption and regulation in both countries. This move comes as Argentina prepares to legalize the use of Bitcoin and other cryptocurrencies for payments under certain conditions.

Meanwhile, a string of industry influencers and celebrities are suspected to have had their X accounts hacked, shilling various cryptocurrencies and memecoins. Among the suspected victims are Gigantic-Cassocked-Rebirth (GCR), a pseudonymous cryptocurrency investor, and American media personality Caitlyn Jenner, whose X account promoted a new memecoin called "JENNER." The hacking incidents have raised concerns about the security of X accounts and the potential for wider attacks on celebrity accounts.

These developments highlight the dynamic and ever-changing landscape of the cryptocurrency world, where security, regulation, and adoption are constantly evolving. As the crypto community continues to navigate these challenges, it remains essential to stay informed and vigilant in the face of emerging threats and opportunities.