Macro
Paul Tudor Jones says bitcoin is ‘unequivocally the best inflation hedge’
However, the hedge fund manager did acknowledge concerns surrounding potential cyber warfare and quantum computing risks.
CryptoClub.cc
Market
Galaxy Digital leads $20 million investment in Fence to overhaul back end of $6 trillion credit market
Galaxy Digital has led a $20 million funding round for Fence, a fintech startup focused on modernizing the infrastructure of the global credit market. The investment round positions Fence to tackle operational inefficiencies in what represents a $6 trillion market segment, though additional participating investors in the round were not
Technology
Securitize, Computershare open path for $70 trillion U.S. stocks to move onchain
Securitize and Computershare have established a partnership that could enable up to $70 trillion worth of U.S. stocks to transition onto blockchain networks. The collaboration between the digital asset platform and the global transfer agent creates infrastructure for traditional securities to be tokenized and traded on-chain while maintaining regulatory
Market
First prediction market ETFs could launch next week, Bloomberg analyst says
Roundhill’s SEC filing set a May 5 effective date for its prediction market ETFs, which analysts say could pave the way for a launch next week.
Regulation
Celsius founder Alex Mashinsky settles FTC case with $10M payment
The FTC order ties Mashinsky’s $10 million payment to a mostly suspended $4.72 billion judgment that can be revived over asset disclosures.
Regulation
US court sentences Cartier descendant to 8 years in $470 million crypto laundering case
A US court sentenced Maximilien de Hoop Cartier to 8 years for operating an unlicensed crypto exchange that laundered more than $470 million.
Security
Syndicate suffers exploit linked to Commons bridge compromise; SYND slides 36%
The Syndicate team said it is investigating the incident with security firms and exploring options to 'make people whole.'
Market
Ethereum ICO whale moves $23 million in ETH after 10-year dormancy
The Ethereum whale address received the ETH on July 30, 2015, after participating in the ICO event with $3,100.
Regulation
Canada moves to ban crypto ATMs, labeling them as ‘primary method’ for fraud
The government said it aims to shut down a 'primary method' used by scammers to defraud victims and facilitate money laundering.
Exchange
Pump.fun burns $370 million in PUMP token, commits 50% of future revenue for buyback-burn program
The remaining 50% will be used to make 'big bets' to grow the platform in the coming five to 10 years, co-founder Alon Cohen said.
Technology
AI Agent Deletes Startup’s Database in 9 Seconds, Founder Says
PocketOS founder Jeremy Crane claims a Cursor agent running Claude Opus wiped production data and backups through a single Railway API call.
Regulation
Judge rejects Sam Bankman-Fried’s new trial request, slams claims as ‘wildly conspiratorial’
U.S. District Judge Lewis Kaplan declined former FTX CEO Sam Bankman-Fried's request for a new trial. An appeal is still pending.