Blockent Report
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Covering crypto & finance without the noise.
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AI IS EATING 80% OF GLOBAL VC FUNDING.

But here's what nobody's talking about:

Anthropic spends $3 for every $1 in revenue.

Microsoft dumped $300B in capex. AI revenue: $18 Billion

OpenAI and Anthropic make up 43-54% of Microsoft, Google, Amazon and Oracle's ENTIRE revenue backlogs.

Enterprises are burning through annual AI budgets in 4 months with zero measurable ROI.

This isn't a bubble. It's a faith-based initiative funded by your SaaS subscriptions.

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🔥TODAY: Binance CEO Richard Teng denies WSJ report alleging $850M in Iran-linked transactions flowed through Binance to the IRGC.

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JUST IN: 🇺🇸 Trump administration and Anthropic finalizing deal to let US spy agencies use its AI tools.



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🚨CRYPTO LIQUIDATIONS NEAR $1 BILLION

Bitcoin’s dip below $75K triggered $917M in crypto liquidations over the past 24 hours, per CoinGlass.

Longs took the biggest hit, with $826M wiped out as
$BTC and $ETH led the flush.

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🚨INSIGHT: 🇺🇸U.S. consumer confidence has collapsed to its weakest level since records began in 1952.

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🚨 BREAKING: President Trump says the U.S., Iran, and multiple Middle Eastern countries have largely negotiated a peace agreement, with final details expected to be announced shortly.


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JUST IN: Bitcoin reclaims $77,000 after President Trump says the US and Iran are finalizing a deal.



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JUST IN: $180,000,000 worth of shorts liquidated from the crypto market in the past 30 minutes.



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⚡️NEW: The ECB is resisting looser rules for euro stablecoins, warning they could drain bank deposits, weaken lending, and make interest-rate control harder, per Reuters.

Bruegel warns overly strict EU rules could push activity offshore and deepen “digital dollarization.”

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📊INSIGHT: Credit card accounts 90+ days delinquent have jumped to 13.1%, the highest in 15 years and nearing the highest level on record, per Barchart.

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🚨LATEST: FTX’s former law firm and auditor have agreed to pay $66 MILLION to settle customer claims tied to Sam Bankman-Fried’s fraud.

Fenwick & West denied wrongdoing and still faces a separate $525 MILLION lawsuit.

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🚨 ALERT: StablR-linked EURR and USDR contracts were reportedly exploited for ~$10M, per ZachXBT.

Both stablecoins have depegged by over 20%, with the attack reportedly still ongoing.


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🚨NEW DAY, NEW EXPLOIT: STABLR STABLECOINS CRASH AFTER $10M ATTACK

StablR-linked EURR and USDR stablecoins have been exploited for roughly $10M, with both tokens plunging more than 20% off peg, ZachXBT reports.

The attacker wallet was reportedly funded through CCTP on Noble, while the StablR team appears to be inactive during the ongoing exploit.

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