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South Korean funeral company records $33 million loss on ETH ETFs

Cabel Dioli2 months ago5 min read

South Korean Funeral Firm Posts $33M Loss on ETH ETF South Korean funeral operator Bumo Sarang has logged a paper loss of about 49.3 billion won,…

Polymarket unlocks $5 trillion liquidity – retail moves where institutions stood

Bernard Nicolai2 months ago6 min read

Polymarket opens private-company markets for retail traders Polymarket has launched prediction markets tied to private-company milestones, opening a new retail-facing venue for speculation on valuations, IPO…

OpenAI’s Singapore lab funded but Asian crypto venture inflows drop 30% – AI capital crowding out crypto

Bitro Conwell2 months ago5 min read

OpenAI Opens Singapore AI Lab as Crypto Inflows Fall OpenAI has committed more than S$300 million, or about $234 million, to open its first applied AI…

Bitcoin’s bounce lacks spot ETF flow support – liquidity vs price divergence widens

Daniel Lycon2 months ago7 min read

Bitcoin bounce lacks ETF flow support as divergence widens Bitcoin’s rebound has outpaced support from U.S. spot ETF inflows, even after the funds posted a strong…

Tether scam economy claims ignore USDT’s shrinking share of stablecoin supply – flawed narrative

Newt Bettec2 months ago6 min read

Tether claims face scrutiny as USDT share falls Tether’s role in crypto markets has come under renewed scrutiny after a string of enforcement actions and tracing…

CFTC prediction market suit ignores rising Fed hike odds – political volatility mispriced

Demian Crypter2 months ago5 min read

CFTC Sues New York Over Prediction Markets The U.S. Commodity Futures Trading Commission on Friday sued New York in a fresh escalation of its fight with…

Truth Social ETF retreat reveals political crypto narrative weakening – macro liquidity dominates

Cindy Dutta2 months ago6 min read

Truth Social Bitcoin ETF retreat underscores crowded market Truth Social’s planned Bitcoin ETF was pulled back from SEC review on May 19, marking a retreat from…

WLFI-linked AI Financial losses mount as stablecoin supply stalls – tokenized yield narrative cracks

Dani Molton2 months ago6 min read

WLFI-linked AI Financial posts $271M loss on token slump AI Financial, the Nasdaq-listed firm tied to World Liberty Financial’s WLFI token, reported a first-quarter net loss…

Meta begins 8K global job cuts in Singapore

Nathan Coben2 months ago6 min read

Meta begins 8,000-job cuts in Singapore as AI push deepens Meta Platforms began notifying thousands of employees on Wednesday of a new round of layoffs that…

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