Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income. Source link
Carl Nash
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Coinbase
Nobitex users rush for exit after Tehran airstrikes crash Iranian currency
by Carl Nashby Carl NashIran’s largest crypto exchange, Nobitex, is experiencing issues with its Tether/Toman trading pair during a 700% surge in outflows. Source link
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Coinbase
Kalshi uses ‘death carve-out’ to avoid paying out on Ali Khamenei ousting
by Carl Nashby Carl NashKalshi apparently allowed traders to bet on Ali Khamenei’s ousting, racked up $54M in trades, then voided the result when he was killed. Source link
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TRON Inc. has essentially become a vehicle for Justin Sun to purchase hundreds of millions of TRX tokens to prop up his personal crypto. Source link
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Coinbase
Prosecutors find drafts of secret deal linking Milei to LIBRA, Hayden Davis
by Carl Nashby Carl NashThe advisory agreement between Davis and Milei was discovered on a suspect’s phone during the country’s ongoing LIBRA investigation. Source link
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Coinbase
Odds swing wildly as Polymarket bets on Iran’s successor collapse
by Carl Nashby Carl NashPolymarket trades about the next supreme leader of Iran illustrate the wild gambles that crypto traders are willing to make. Source link
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Coinbase
Thai police want Interpol to track alleged KuCoin money launderer
by Carl Nashby Carl NashThailand’s police want an Interpol red notice issued for Benjamin Mauerberger, an alleged money launderer for the South Asian scam industry. Source link
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Fans of XRP thought its blockchain could benefit from “quadrillions” of trade settlements at the DTCC via Ripple Prime. Source link
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TRON founder Justin Sun has already seen his TRON Inc. stock continue to crater this week, and now his Rednote account has been banned. Source link
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Coinbase
Four months on, MEV Capital falls victim to $4B DeFi daisy chain implosion
by Carl Nashby Carl NashAlmost four months have passed since the disassembly of a DeFi daisy chain, which saw the value of the “yield vault” sector drop by over $4B. Source link
