The last comparable wallet exit rate in 2024 saw over 964,000 wallets leave across five weeks, preceding a notable bull run. Bitcoin (BTC) shed around 245,000 wallet holders in just five days, the fastest rate of wallet exits in nearly two years, according to on-chain analytics firm Santiment. The last time this happened at…
Kraken’s Etana fraud case alleges a Ponzi-like scheme diverted more than $25m in client funds. Summary Kraken parent Payward filed a second amended complaint in Colorado federal court accusing Etana Custody and CEO Dion Russell of misappropriating over $25m in client funds. The complaint alleges Etana commingled custodial assets with operating funds, made risky bets…
UBS Group acquired 551,121 additional shares of Strategy (formerly MicroStrategy) in a purchase valued at approximately $98 million. That brings UBS’s total MSTR position to 6.31 million shares, worth roughly $1.12 billion at current prices. A pattern, not a one-off Back in February, UBS scooped up 3.23 million shares in a single move, boosting its…
Trump has abandoned his Iran war maximalist demands as polls drop and peace talks remain deadlocked Summary Trump has quietly dropped demands for Iran’s unconditional surrender and regime change, two of his stated original goals at the start of the war. His approval rating on the Iran war has fallen from 39% in early March…
## Market Snapshot The market for the next US-Iran diplomatic meeting currently shows a 25.1% probability of a meeting occurring by June 30, 2026, reflecting a slight decline from previous levels. The potential resumption of talks in Islamabad next week has yet to significantly alter these odds. ## Key Takeaways – The report of potential…
XRP’s speculative momentum appears to be fading, according to Glassnode. Activity on the Ripple (XRP) network has dropped sharply since late 2024, according to the latest findings by blockchain analytics firm Glassnode. In fact, new XRP addresses fell from around 18,000 per day in December 2024 to 2,700 per day currently, which represents an…
OpenAI has released GPT-5.5-Cyber to vetted cyber defenders, giving them reduced guardrails for specialized security workflows. Summary OpenAI’s GPT-5.5-Cyber is the most permissive model in its lineup, available in limited preview to approved partners doing advanced security work. Vetted teams can use it for bug hunting, malware analysis, and reverse engineering, but malware writing and…
Switzerland’s effort to make the central bank hold Bitcoin is ending early after supporters secured only half the signatures. A campaign pushing the Swiss National Bank to add Bitcoin to its reserves is set to end after supporters failed to collect enough signatures for a referendum under Switzerland’s constitutional rules despite months of outreach…
SoftBank has cut a planned OpenAI‑backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal’s structure and the difficulty of valuing OpenAI, an unlisted AI unicorn. Summary SoftBank Group is shrinking a planned margin loan backed by its OpenAI stake from about $10…
## Market Snapshot The market for “Israel closes its airspace by May 31” is currently priced at 15% YES, reflecting a notable possibility of escalation. Meanwhile, “Israel withdraws from Lebanon by June 30, 2026” is at 10% YES, indicating reduced confidence in a near-term withdrawal. ## Key Takeaways – Hezbollah’s attack on Haifa appears to…
