Key Takeaways: CENTCOM denied reports of 2 IRGC missiles striking a U.S. ship during Trump’s Project Freedom. Fearing disruptions to 20% of global crude, WTI futures spiked to …
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Bitcoin
Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury
by Jason Scottby Jason ScottKey Takeaways: Gamestop offered $55.5B for Ebay at $125/share, with TD Bank providing $20B in debt financing. The bid draws on Gamestop’s $519M bitcoin position, built from 4,710 …
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Bitcoin
OKX, BlackRock, and Standard Chartered Launch Collateral Framework for Tokenized Treasuries
by Jason Scottby Jason ScottGlobal cryptocurrency exchange OKX has announced a collaboration with asset management giant BlackRock and multinational bank Standard Chartered to introduce a new utility framework for tokenized real-world assets …
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Bitcoin
Raoul Pal Backs Zcash as Bitcoin’s ‘Younger Sibling’ While ZEC Climbs 8%, Outpacing Altcoins
by Jason Scottby Jason ScottKey Takeaways: Zcash (ZEC) surged past $400 on May 3, marking its first climb to that level since early 2026. Over $10.5 million in ZEC short positions were …
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Bitcoin
These Filipino Students Built an AI and Blockchain-Powered Scholarship Platform to Fix Education Funding
by Jason Scottby Jason ScottFrustrated by the confusing and scattered process of finding educational funding, a team of Filipino college students took matters into their own hands. They built iSkolar, a centralized …
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Bitcoin
$150 Million in Crypto Shorts Liquidated in 60 Minutes as Bitcoin Clears $80,000
by Jason Scottby Jason ScottKey Takeaways: $150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.8% short ratio before the breakout, one of …
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Bitcoin
China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order
by Jason Scottby Jason ScottKey Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners. SMU’s Henry Gao notes this 1st use of …
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Bitcoin
BG Wealth Collapses in Apparent ‘Rug Pull’ as US Authorities Seize Website
by Jason Scottby Jason ScottThe investment scheme BG Wealth Sharing Ltd., previously flagged by the Philippine Securities and Exchange Commission (SEC) as a Ponzi scheme, has seemingly collapsed. Following months of soliciting …
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Bitcoin
Coinbase Says Prediction Markets Are Maturing, CFTC Needs No New Mandate
by Jason Scottby Jason ScottKey Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across interstate prediction markets. Courts, regulators, and …
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Key Takeaways: Grayscale identified Ethereum, Solana, Canton, Avalanche, BNB Chain, and Chainlink as key beneficiaries of tokenization growth. Tokenized assets reached about $30 billion, expanding 217% year-over-year, led …
