SkyBridge Fund Slides 12.9% in Q1 as Crypto Exposure Drags Returns
Key Highlights SkyBridge’s $1.3B fund fell 12.9% in Q1 2026 after an 18% drop in Q4 2025. Around 64% of the portfolio remains tied to crypto and digital asset investments.…
Strategy’s STRC Hits $10.5B Market Cap to Lead Global Preferred Stocks
Key Highlights Strategy’s STRC preferred stock reached a $10.5 billion market capitalization. Bloomberg data showed STRC surpassing preferred shares from major global banks. The stock currently offers a variable annual…
Binance Pushes Back Against Fresh WSJ Claims Over Iran-Linked Transactions
Show AI Summary Binance Co-CEO Richard Teng denies WSJ allegations on May 21, 2026, citing inaccuracies and omitted context Transactions in question occurred before individuals were formally sanctioned, according to…
Unsealed Court Filings Reveal Jane Street Traders Joked About Edge Before $192M UST Dump
Show AI Summary Alleged insider trading at Jane Street highlights systemic risks in quantitative trading New court filings reveal traders’ concerns over on-chain identification after TerraUSD dump Estate’s administrator argues…
SEC Delays Novel Crypto ETF Launches as Regulatory Review Expands
Show AI Summary Regulatory scrutiny of complex ETFs escalates as the SEC assesses risks. The surge in ETF assets since 2019 drives innovation, but also raises concerns. Fund sponsors are…
AIB Joins 37-Bank European Consortium Developing Euro Stablecoin
Show AI Summary AIB joins a 37-bank consortium to develop a euro-backed stablecoin, expanding European banks’ presence in blockchain-based payments. The Qivalis initiative aims to launch a regulated stablecoin product…
Bitcoin Depot Files Chapter 11 and Shuts Down 9000 Crypto ATMs
Show AI Summary Bitcoin Depot’s 9,000 kiosk locations are going offline due to bankruptcy filing. The company’s business model is being wound down amid tightening regulatory crackdown. Stringent compliance obligations…
Harvard Trims Exposure in BlackRock IBIT by 43%, Fully Exits Ether ETF
Key Highlights Harvard cut its iShares Bitcoin Trust (IBIT) holdings by around 43% in Q1 2026. The university fully exited its $87 million iShares Ethereum Trust ETF position. Other U.S.…
Royal Bank of Canada Discloses Stake in Bitwise XRP ETF
Key Highlights Royal Bank of Canada invested in the Bitwise XRP ETF through a recent SEC filing. RBC purchased 2,000 ETF shares, valued at approximately $30,000. The Bitwise XRP ETF…
Sam Bankman-Fried Responds After Drake Name-Drops FTX on New Album
Show AI Summary Sam Bankman-Fried reacts to Drake’s FTX reference on social media. Drake’s song contains multiple crypto references, including Bitcoin and FTX. Bankman-Fried was convicted in 2023 on multiple…