News
Ex‑FTX Europe chief repackages $400M collapse into “risk‑free” UpsideOnly trading bet
Mario Nawfal’s viral interview casts Patrick Gruhn as one of the few FTX insiders who not only survived but materially profited from the wreckage. Patrick Gruhn, the former CEO of FTX Europe who sold his business to Sam Bankman Fried’s…
CADD stablecoin gains Anchorage Digital custody
Tetra Digital Group’s CADD, Canada’s first regulated Canadian dollar stablecoin issued by a financial institution, can now be custodied by Anchorage Digital for institutional clients. As of May 22, institutions can now hold CADD through Anchorage Digital, a federally chartered…
Iran peace rumors add $400B to US stocks at open
US stocks added roughly $400 billion in value at Friday’s open as traders piled into risk assets on unconfirmed reports that Qatar is helping broker a US Iran peace deal in Tehran. Roughly $400 billion in paper value was added…
Polymarket hit with congressional probe over classified-info betting claims
The U.S. House Committee on Oversight and Government Reform has opened an investigation into Polymarket and Kalshi over concerns tied to insider trading and wagers allegedly linked to classified information. According to a statement released by the committee, Chair James…
4.8% inflation expectations put Bitcoin’s ‘digital gold’ narrative on trial
US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test for the idea that Bitcoin and crypto function as hedges against persistent price pressure. The…
THORChain faces backlash over GG20 fix after $10.7M hack
THORChain has faced criticism from crypto security researchers and investors after proposing to continue using its patched GG20 signing framework following a $10.7 million exploit tied to the system. According to a post-mortem report released by THORChain on Wednesday, a…
Bitcoin liquidation map shows $1.29b risk below $73.8k
If Bitcoin drops below $73,786, more than $1.29 billion in leveraged long positions could be liquidated across major centralized exchanges, according to derivatives analytics platform Coinglass. Fresh data from Coinglass show that if Bitcoin (BTC) falls under $73,786, cumulative long liquidation intensity…
Here’s why Ondo price rallied 15% today
Ondo Finance’s native token $ONDO has broken above $0.46 and is trading near $0.466 with a 24 hour gain above 15 percent, according to data from Gate. Spot market shows ONDO (ONDO) testing the $0.46 level and printing around $0.466…
Chainlink’s CCIP stack drives $110b in value secured, overtaking DeFi oracles
Chainlink now secures more than $110 billion in onchain value across cross chain tokens and DeFi markets, underlining how central the oracle network has become to the infrastructure of digital assets and tokenised finance. Chainlink (LINK) has pushed past $110…
German lawmakers block Green plan to end Bitcoin tax break
Germany’s Finance Committee has rejected a proposal from the Green Party to scrap the country’s tax exemption for cryptocurrencies held longer than one year. According to the committee discussions, lawmakers from multiple parties opposed the measure for different reasons, leaving…