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 $107.28 before cooling. Following the April 7 truce, Iran’s Aliabadi warned that entering U.S. forces will be attacked. Oil Shoots Up As Reports Of Strikes In Strait
Key Takeaways: ZachXBT warned on May 4, 2026, that Polyarb hosts an active wallet drainer targeting crypto users. Prominent accounts replying to Polyarb posts amplify the scam to new audiences without realizing it. The alert follows ZachXBT’s recent exposure of a U.S. law firm seeking $71 million in Lazarus-linked frozen funds. What Polyarb Is Doing
Global 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 (RWAs). Announced on April 28, 2026, the initiative allows qualified institutional investors to deploy BlackRock’s BUIDL, a tokenized U.S. Treasury fund issued on public blockchains, as trading
Key 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 liquidated as the coin reached a $7 billion market cap. Barry Silbert and Raoul Pal suggest Zcash may capture 10% of bitcoin capital as privacy demand grows.
Frustrated 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 scholarship platform powered by blockchain and artificial intelligence, which recently earned a Top 10 spot and a ₱100,000 cash prize at the Project RISE startup competition. The
Key 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 the most lopsided setups in months. Sustained ETF inflows and institutional absorption make a pullback below $80K structurally harder to sustain. A Market Built for Pain The
Key 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 the statute since 2021 forces global companies to pick between markets. Next, Chinese firms can sue for losses from these sanctions, as Beijing might prepare countermeasures. China’s
The 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 investments from overseas Filipino workers (OFWs) and global retail investors, the platform has halted withdrawals. Concurrently, US federal authorities have seized its primary web domain, and regulators
Key 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 states are still divided over jurisdiction and enforcement. Coinbase Pushes CFTC Oversight for Prediction Markets Coinbase Global Inc. (Nasdaq: COIN) is urging the U.S. Commodity Futures Trading
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 by Treasuries and commodities. Future adoption may boost blockchain fees, liquidity, and developers, with institutions leading early and open networks scaling later. Grayscale Names Blockchain Protocols Positioned