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Argentina seizes $8M yet BTC open interest hits 3-year high – local adoption resilient

Gapster Innes2 weeks ago5 min read

Argentina Seizes $8M in Crypto as BTC OI Hits High Argentina’s Buenos Aires authorities on May 31 said they arrested 24 people and seized more than 8 million USDT in a nationwide fraud crackdown, even as bitcoin open interest in the local market…

Futures funding turns positive after 12 days neutral – longs accumulate despite spot weakness

Cyrus Dailey2 weeks ago6 min read

Futures funding turns positive after 12 days neutral Futures funding on major crypto perpetuals has turned positive after 12 days at neutral levels, a shift that points to renewed demand for leveraged long exposure even as spot prices remain weak. The move matters…

Iran leadership strike triggers risk-off yet treasury term premium remains compressed – flight to safety is shallow

Blair Connolly2 weeks ago5 min read

Iran strike risk-off is shallow as Treasury term premium stays compressed Iran leadership strike risk has triggered a risk-off move across global markets, but the rebound into Treasuries has remained muted, with long-end term premium still compressed even as investors reassess geopolitical tail…

Argentine crypto crackdown targets $8M but remittance stablecoin inflows surge

Wyatt Newson2 weeks ago5 min read

Argentina crypto crackdown seizes $8M in USDT Argentina’s largest recent crypto enforcement action seized more than $8 million in USDT on May 31 as police raided 90 locations and arrested 24 people in an alleged investment-fraud network, underscoring how stablecoins remain deeply embedded…

Hyperliquid sees SpaceX IPO contract price fall 45 percent

Leo Nomist2 weeks ago5 min read

Hyperliquid SpaceX Contract Falls 45% After Thin-Liquidity Selloff Hyperliquid’s SpaceX pre-IPO perpetual contract fell about 45% in a roughly 30-minute window, triggering liquidations across hundreds of accounts and renewing scrutiny of thin synthetic markets tied to private-company valuations.[1][5] The move mattered because the…

TrapDoor wallet attack targets Solana – Sui – Aptos – memecoin leverage remains near ATH

Ethan Glober2 weeks ago5 min read

TrapDoor attack targets Solana, Sui and Aptos wallets A supply-chain campaign dubbed TrapDoor has targeted developers in the Solana, Sui and Aptos ecosystems, using malicious open-source packages to steal wallet data, SSH keys and cloud credentials.[8] Security researchers at Socket said the operation…

Formally verified DEX launches into market dominated by unchecked speculative perps

Cabel Dioli2 weeks ago5 min read

Manifest launches as first formally verified DEX on Solana Manifest, a decentralized exchange on Solana, said it is now live as the first formally verified DEX on the network, a launch that puts a security-first trading venue into a market still dominated by…

SUI price drops after mainnet stall shakes confidence

Bernard Nicolai2 weeks ago5 min read

SUI price drops after mainnet stall shakes confidence SUI fell about 8% after the Sui mainnet stalled and paused block production for hours, an outage that hit confidence in one of crypto’s faster-growing layer-1 networks.[5][8] The token traded around $0.91 as the network…

Institutions demand 24/7 perps while retail still buying meme coin narratives

Daisy Hodley2 weeks ago6 min read

CFTC backs 24/7 crypto perps as Coinbase widens access U.S. regulators moved this week to formalize 24/7 crypto perpetual futures, a shift that could reshape how traders access digital-asset leverage and how exchanges structure around-the-clock products. The Commodity Futures Trading Commission approved KalshiEX’s…

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