Key Takeaways Peckshield tracked 8 bridge exploits through mid-May 2026, with $328.6M drained cumulatively from cross-chain protocols. KelpDAO’s $300M Layerzero breach and Drift’s $200M+ attack made April 2026 the worst-hacked month on record, per Defillama. Total 2026 hack losses surpassed $750M through mid-April; May’s Verus bridge drain adds $11.5M more. Crypto’s Worst Year for Cross-Chain…
Key Takeaways Bitcoin fell below $77,000, triggering $657M in liquidations, $584M of which came from long positions in 24 hours. Whale trader Machi Big Brother was liquidated during the crash and immediately opened a new 25x ETH long on 1,825 ETH worth $3.87M. The four-day decline followed the CLARITY Act’s Senate Banking Committee advance on…
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key Takeaways Binance and CME deepened crypto-tradfi ties in 2026, widening access beyond…
Key Takeaways Authorities charged Dream Market’s Owe Martin Andresen with 12 money laundering counts for buying gold with flagged cryptocurrency. IRS CI’s tracking of $1.7M in gold bought via Bitpay proves dormant darknet crypto can be traced. Following a May 2026 raid, Andresen will next face up to 20 years in prison for each charge….
Key Takeaways Garlinghouse said XRP stands out for its speed, low costs, and scalability. Ripple’s CEO highlighted three-to-five-second settlement and more than 4 billion processed transactions. Community support and payment-focused utility remain central to Ripple’s long-term XRP strategy. XRP’s Role in Payments Expands as Ripple Cites Network Strength Ripple CEO Brad Garlinghouse positioned XRP as…
Key Takeaways Backed by a $25M Tether round, Oobit launched its crypto payment card in Colombia, its 9th market. In Brazil’s massive crypto economy, Oobit users average 20 transactions per month, mostly using USDT. Following large growth in the region, Oobit CEO Amram Adar seeks to expand digital asset utility in Latam. Oobit Launches Officially…
Key Takeaways This week, Clem Chambers told Kitco that the Nasdaq two-year bubble will be driven by AI spending and U.S. deficit money printing. Gold at $4,700 acts as the key signal for Trump’s Beijing summit outcome and Taiwan risk. Following the interview with Chambers, gold traded at $4,540 per ounce on May 17. Copper,…
Key Takeaways Peter Schiff warns that the Fed’s balance sheet expanded by over $200 billion in 2025, signaling a return to quantitative easing. Schiff calls STRC a “classic centralized Ponzi,” warning retirees could lose principal on Strategy’s 11.5% preferred stock. With 30-year Treasury yields potentially hitting 8%, Schiff sees gold, silver, and mining stocks as…
Key Takeaways Coinbase boosted HYPE 17% to $46.93 as Hyperliquid handed it USDH treasury rights. Michael Saylor’s Strategy saw STRC hit $1.53B volume, spotlighting BTC funding risk and demand. Kevin Warsh won Fed on May 14 as CLARITY advanced 15-9, keeping crypto rules in focus. WEEK IN REVIEW Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE…
Key Takeaways Michael Saylor’s “Big Dot Energy” chart fueled speculation around another Strategy BTC purchase disclosure. Strategy continues expanding its bitcoin-focused treasury strategy through preferred share financing. Oversized purchase markers highlighted Strategy’s largest bitcoin accumulation periods during 2024 and 2025. Saylor’s Orange Dot Post Puts Strategy’s BTC Scale in Focus Michael Saylor, Strategy’s executive chairman,…
