Coinbase

Coinbase

Coinbase taps Kalshi to develop prediction markets platform

Coinbase plans a prediction markets platform using Kalshi’s regulated system. Users can trade USDC or USD across sports, politics, and tech events. Move aligns with Coinbase’s goal to become an “everything exchange.” Coinbase is preparing to enter the rapidly growing prediction markets sector, leveraging the regulated infrastructure of Kalshi to build its own platform. Screenshots

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LLM crypto trading contest finds LLMs can’t trade crypto

Four out of the six large language models in the Alpha Arena crypto trading competition finished in the red. Source link

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Strategy needs to pay $689M a year to not sell bitcoin

Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021. Source link

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Richard Heart allegedly funnels $500M in ETH through Tornado Cash

It’s alleged that wallets benefiting from the launch of Heart’s HEX, Pulsechain, and/or PulseX are mixing over $500M dollars worth of ETH. Source link

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Stream Finance meltdown: winners and losers in DeFi ‘risk curator’ reckoning •

The recent depeg of Stream Finance’s xUSD has led to concerns over the health of an interwoven ecosystem of similar high-yield vaults. Source link

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Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE

Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE. Source link

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Who really controls Lava’s bitcoin collateral?

Lava claimed to be a BTC-focused lender with competitive interest rates, but it’s facing a flurry of social media backlash. Source link

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Strategy’s preferred shares spell out an unfortunate acronym: FCKD

Several people have cheered on the FCKD joke, encouraging Saylor to issue a preferred stock with the ticker symbol STRU. Source link

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Mastermind behind $300M crypto pyramid scheme arrested in Spain

Álvaro Romillo Castillo reportedly confessed to funding a Spanish right-wing MEP and now faces court over his alleged crypto pyramid scheme. Source link

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Garden hacker begins laundering $11M loot through Tornado Cash

A total of over $6M worth of ETH and BNB has been deposited into Tornado Cash from the Garden hacker’s Ethereum and BNB Chain addresses. Source link

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