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The Future of Money
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🚨 LATEST: The DOJ is investigating Coinbase data breach, per Bloomberg.

The company's CLO Paul Grewal says they're cooperating with US and international law enforcement agencies for the investigation.

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⚑️ LATEST: Circle is pursuing IPO plans while simultaneously in talks with Ripple and Coinbase about potential acquisition, per Fortune.

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πŸ‡ΊπŸ‡Έ UPDATE: The SEC has delayed decision on 21Shares, Bitwise, VanEck and Canary Capital spot #Solana ETF proposal.

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πŸ“Š UPDATE: Ethereum's supply on exchanges has dropped below 4.9% for the first time in history, while Bitcoin's exchange supply is down to 7.1% the lowest since November 2018.

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πŸ‡ΊπŸ‡Έ ETF FLOWS: Around 6,270 $BTC and 5,490 $ETH were bought on May 19.

BTC ETFs saw $667.4M in net inflows.

ETH ETFs saw $13.7M in net inflows.

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πŸ“Š UPDATE: Fidelity scoops up 1,790 $BTC worth $188M.

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⚑️ JUST IN: Genesis sues DCG and Barry Silbert to claw back $3.3B, alleging fraud, insider enrichment, and concealed fund transfers before bankruptcy.

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πŸ”₯ BREAKING: Binance files to dismiss FTX’s $1.76B lawsuit, calling claims frivolous and arguing U.S. courts lack jurisdiction.

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πŸ‡ͺπŸ‡Ί NEW: Kraken wins EU license via Cyprus deal, bringing regulated crypto derivatives trading to all 27 member states.

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πŸ”₯ BREAKING: Robinhood submits SEC proposal to regulate tokenized real-world assets, aiming to bring Wall Street onchain and unlock a $30T market.

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🚨 BULLISH: Standard Chartered’s Geoff Kendrick says SEC 13F filings show rising exposure to Bitcoin via proxies like Strategy, supporting a $500K $BTC target by end-2028.

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🚨 JUST IN: Ethereum cofounder Jeffrey Wilcke sent $262M in $ETH to Kraken, per Arkham data.

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