Industry News

  • Yen Carry Trade on Steroids? Strategist Flags Bitcoin-Linked STRC Yields05 May 2026 01:30Yen Carry Trade On Steroids? Strategist Flags Bitcoin-Linked STRC YieldsWall Street may be underestimating a bitcoin-linked carry trade resembling the yen carry trade as capital shifts from Fed funds to higher-yield income products. Strategy’s STRC shows an 11.52% effective yield, underscoring the widening spread attracting institutional focus. Key Takeaways: Comparison to the yen carry trade signals potential for large-scale capital reallocation. STRC offers monthly […]
  • Ripple Shares DPRK Threat Data on Fraud Domains, Wallets, Campaigns05 May 2026 00:30Ripple Shares DPRK Threat Data on Fraud Domains, Wallets, CampaignsRipple will share DPRK-linked threat intelligence with Crypto ISAC to help crypto firms screen applicants, contractors, and vendors. The program covers fraud domains, wallets, and compromise indicators tied to active campaigns. Key Takeaways: Ripple will provide Crypto ISAC members intelligence on DPRK-linked fraud domains, wallets, and campaigns. Security teams can use enriched identity signals to […]
  • Uphold Rejects New York Claims After $5M Customer Repayment Deal04 May 2026 23:30Uphold Rejects New York Claims After $5M Customer Repayment DealUphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer repayment while denying knowledge of alleged fraud or any intent to mislead customers. Key Takeaways: Uphold disputed New York’s claims and denied knowingly promoting Cred’s alleged misconduct. Customers […]
  • Stefan Muehlbauer Warns DOJ Indictments End ‘Safe Zone’ as US Army Sergeant Case Expands Risk04 May 2026 22:50According to Certik’s Stefan Muehlbauer, the recent indictment of an Army sergeant for using nonpublic information to bet on Polymarket establishes a precedent: misappropriating government or corporate data now carries the same legal weight as Wall Street securities fraud. Key Takeaways: The DOJ charged Army Sgt. Van Dyke for using classified data to net over […]
  • Argentines Hoard $170 Billion in Cash as Milei’s Tax-Free Deposit Scheme Flops04 May 2026 22:10Argentines Hoard $170 Billion in Cash as Milei’s Tax-Free Deposit Scheme FlopsAnalysts believe that the ghost of the restriction of dollar depositors, popularly referred to as “corralito,” still haunts Argentines who prefer to hold their savings in cash dollars rather than in banks, even after the approval of the Fiscal Innocence law. Key Takeaways: Milei’s tax-free law failed to attract even $1 billion of the $170 […]
  • Influencer Ashcrypto Under Fire for Alleged ROYA Pump-and-Dump Scheme04 May 2026 21:35Onchain investigator ZachXBT has shared evidence that crypto influencer Ashcrypto, known as AshWSB on his Whastapp channel, publicly called the ROYA token while simultaneously telling followers he was holding and buying more. Key Takeaways: ZachXBT alleged that Ashcrypto ran several pump-and-dump schemes on illiquid CEX-listed altcoins. Evidence shows Ashcrypto called ROYA publicly, then told followers […]
  • NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene04 May 2026 20:53MLB Names Polymarket as Official Prediction Market PartnerA coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi and Polymarket, putting the unions in direct opposition to the leagues that have signed commercial deals with the same platforms. Key Takeaways: Player unions for […]
  • Bitmine Pushes $13.1 Billion Treasury as 5,180,131 ETH Position Reshapes Crypto Balance04 May 2026 20:05Bitmine Pushes $13.1 Billion Treasury as 5,180,131 ETH Position Reshapes Crypto BalanceBitmine Immersion Technologies has unveiled a $13.1 billion treasury, with ethereum comprising roughly $12.1 billion of the total. Key Takeaways: Bitmine reached $13.1 billion in holdings on May 3, 2026, including 5.18 million ETH and 200 Bitcoin. Ranking as the #2 global treasury, Bitmine now trades $625 million daily, outpacing firms like DoorDash. Thomas Lee […]
  • UAE Intercepts Missiles as Bitcoin Surges Past $80K, Triggering $270M Liquidations04 May 2026 19:16UAE Intercepts Missiles as Bitcoin Surges Past $80k, Triggering $270m LiquidationsOn May 4, bitcoin reclaimed the $80,000 threshold, hitting a three-month high of $80,617 and pushing its market cap past $1.6 trillion. Key Takeaways Bitcoin hit a 3-month peak of $80,617 on May 4, possibly signaling the end of the latest crypto winter. Volatility caused $554 million in liquidations as Brent crude hit $115 amid […]
  • Blackrock IBIT Drives Inflows as Bitcoin ETFs Post $163M Weekly Gains04 May 2026 18:13Blackrock IBIT Drives Inflows as Bitcoin ETFs Post $163M Weekly GainsA volatile week in crypto exchange-traded funds (ETFs) ended on a strong note for bitcoin, where a late surge in inflows reversed an otherwise weak start. Ether, meanwhile, extended its cautious trend, while XRP and Solana remained largely subdued with marginal outflows. Key Takeaways: Bitcoin ETFs logged $162.8M inflows, boosted by Blackrock IBIT’s $136.6M. Ether […]