BREAKING: Oracle laid off 20,000-30,000 employees this morning with a single 6 am email.
JUST IN: Franklin Templeton agrees to buy crypto spinoff in digital-asset expansion.
JUST IN: Ethereum activity nears all time highs with 788K active addresses and 255K new addresses daily.
JUST IN: Ledger CTO suspects $280M Drift Protocol hack linked to North Korea threat actors.
JUST IN: TELEGRAM INTEGRATES LIGHTER INTO ITS PLATFORM, LETTING USERS TRADE PERPETUALS IN APP
JUST IN: The supply of non-USD stablecoins hit $1.1 billion in February, with an estimated 1.2 million holding addresses
UPDATE: Arthur Hayes questions whether native multisig on Solana could have prevented the Drift hack.
🚨 UPDATE: Polygon introduces Private Mempool, direct transaction routing to validators, bypassing public mempool risks.
JUST IN: THE CTFC AND DOJ FILE LAWSUIT AGAINST THE STATE OF ILLINOIS, ITS GOVERNOR, AND ATTORNEY GENERAL FOR TRYING TO REGULATE PREDICTION MARKETS, SAYING THEY HAVE NO AUTHORITY
BREAKING: Iran and Oman are drafting a protocol to "monitor transit" through the Strait of Hormuz.
Details include:
1. Iran says tanker traffic through Hormuz will be "supervised and coordinated” with Iran and Oman
2. Iran says "these requirements will not mean restrictions, but rather to facilitate and ensure safe passage"
3. This is reportedly a "post-war draft" and aimed to "prevent aggression in the future"
4. Iran says that even in peaceful conditions, traffic should be monitored
It appears Iran is positioning for long-term control of the Strait of Hormuz.
Details include:
1. Iran says tanker traffic through Hormuz will be "supervised and coordinated” with Iran and Oman
2. Iran says "these requirements will not mean restrictions, but rather to facilitate and ensure safe passage"
3. This is reportedly a "post-war draft" and aimed to "prevent aggression in the future"
4. Iran says that even in peaceful conditions, traffic should be monitored
It appears Iran is positioning for long-term control of the Strait of Hormuz.
There is a near-perfect correlation between US oil prices and US CPI inflation, as shown in our below analysis.
As WTI crude surges above $112/barrel, we believe the US economy is bracing for 3.5%+ CPI inflation, particularly if current prices persist through April.
Asset owners will be the only winners in the long-run.
As WTI crude surges above $112/barrel, we believe the US economy is bracing for 3.5%+ CPI inflation, particularly if current prices persist through April.
Asset owners will be the only winners in the long-run.
BREAKING: President Trump releases a statement after firing Attorney General Pam Bondi.