Key Takeaways Marco Rubio designated CV and PCC as global terrorists, with FTO status scheduled to begin on June 5. Impacting the crypto market, the PCC used bitcoin mining to launder funds across Brazil. Lobbied by Flavio Bolsonaro, the US will next enforce strict FTO rules against the 2 Brazilian gangs. Comando Vermelho (CV) and…
The digital asset industry is bracing for a tense macro environment this week. Arthur Hayes critiques the token economy, and decentralization advocates face intense crackdowns from sovereign nations. Here are the crypto stories you may have missed this week. 🏛️ Macro & Institutional Headwinds ETF Bleed: Outflows Mount for BTC and ETH The institutional appetite…
Key Takeaways The S&P 500 closed at a record 7,592 on May 29, extending its winning streak to nine straight weeks. University of Michigan consumer sentiment hit a record low of 44.8 in May, with 57% of consumers citing high prices. Bitcoin held near $73,500 as CME launched 24/7 crypto futures trading and gold rebounded…
Key Takeaways Bitcoin rebounded past $74,000 on May 29 after a sharp intraday drop to a multiweek low of $72,395. Donald Trump’s post on Truth Social triggered a U.S. stock surge and cut Brent crude prices toward $91. Analysts watch Tehran over the next 48 hours to see if Iran verifies the deal or if…
Key Takeaways The SPACEX-USDH contract on Hyperliquid plunged 45% on May 28, dropping from $2,277 to $1,254. Thin liquidity triggered $1.51 million in liquidations across 1,393 positions held by 405 users. The flash crash once again exposed the risks of onchain price discovery ahead of SpaceX’s June public IPO. Onchain Data Shows Severe Liquidity Vacuum…
Key Takeaways Coinbase became the first U.S.-regulated FCM offering global crypto derivatives access. CFTC staff action supports Coinbase’s regulated route to global crypto options and perpetual futures liquidity. Deribit’s more than $31 billion in bitcoin options open interest highlights the scale of the market Coinbase is targeting. Coinbase Opens Regulated Access to Global Crypto Derivatives…
Key Takeaways 295.63 BTC worth $21M moved Thursday from wallets dormant since 2014–2015, adding sell pressure below $74,000. On Friday, an additional 370 BTC moved from so-called sleeping bitcoin addresses. Checkonchain.com data shows 103,913.94 BTC worth $7.6B has left long-dormant addresses in 2026 alone. The trend of early bitcoin holders returning coins to circulation shows…
Key Takeaways The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency. The regulatory milestone enables Paxos to deliver same-day T+0 settlement for U.S. equities. Following a 7-year effort, legacy infrastructure providers like the DTCC now face direct blockchain competition. SEC Opens Wall Street Plumbing For Blockchain Technology The landmark…
Key Takeaways Certik launched a security platform to provide an “anti-virus” layer for agent ecosystems. Sector audits reveal high risks, but CertiK aims to protect marketplaces with 90.5% scanning precision. Finchip.ai is among platforms expanding integrations ahead of future consumer-facing scan updates. The Security Challenge Blockchain and AI security firm Certik, on May 27, unveiled…
Key Takeaways Stake DAO suffered an infinite-mint exploit on Arbitrum on May 27 which reportedly saw the attacker drain $91,000 in digital assets. The breach fuels a viral debate over DeFi security sparked by Openzeppelin co-founder Manuel Aráoz. Stake DAO is sunsetting the Arbitrum asdCRV Llamalend market and working with law enforcement. Infinite-Minting Loophole Triggers…
