Coinbase expands futures as retail revenue slows Coinbase expanded its derivatives push with the launch of stock perpetual futures, giving eligible users 24/7 access to synthetic exposure on major U.S. equities and ETFs through its international platform [1][9]. The rollout matters because it…
Polymarket Exploit Drains About $600,000 in POL Polymarket said an exploit reported on May 22 drained roughly $600,000 in POL from an internal operations wallet, while the company said user funds and market settlements were not affected [2][6]. The incident matters because it…
Galaxy CEO testifies in failed $1.2B BitGo deal Galaxy Digital founder Mike Novogratz testified this week in Delaware Chancery Court in the long-running dispute over the firm’s aborted $1.2 billion bid for BitGo, a case now centered on whether Galaxy owes a $100…
Warsh Fed shift may pressure tokenized Treasuries Kevin Warsh’s push to shrink the Federal Reserve balance sheet is drawing fresh scrutiny in crypto markets, where tokenized Treasury products have grown into a more visible source of on-chain dollar liquidity. The immediate concern is…
Sandbox kidnapping case puts crypto security back in focus French police have arrested two suspects after an attempted kidnapping targeting the wife of Sébastien Borget, co-founder of The Sandbox, ended in failure this week near Paris, according to local reports. The pair allegedly…
Polymarket targets Japan approval by 2030 Polymarket is seeking approval to operate prediction markets in Japan by 2030, a move that would open a major Asian market to one of crypto’s fastest-growing trading venues. Bloomberg reported on May 22 that the company has…
Polymarket private key hack drains $700K Polymarket said a compromised six-year-old private key tied to an internal operations wallet led to a roughly $700,000 loss, while user funds and market outcomes were left untouched. The incident, flagged on May 22 by on-chain investigators,…
Tom Lee Says Mega Tech IPO Supply Won’t Sink Stocks Tom Lee said on Friday that the coming wave of mega tech IPOs, led by SpaceX, OpenAI and Anthropic, could create trillions of dollars in new equity supply, but he does not expect…
THORChain exploit tied to malicious node, GG20 flaw THORChain said a malicious node operator exploited a vulnerability in its GG20 threshold signature system to drain about $10.7 million from one of the protocol’s vaults, in a breach that the network said was contained…
