Kaiko Research breaks down how basis compression unwound carry trades and triggered a cascade in crypto markets.
Summary written by AI. Read the source before acting on anything.
The top five, plus AI agents doing real things on-chain, at 6:30 a.m. Central. Free.
FinCEN's final order under section 9714(a) bars U.S. financial institutions from dealings with MEXC Global 30 days after Federal Register publication, citing at least $16B in alleged illicit flows.
Onchain records show repeated drains from Binance's hot wallets, but experts say they cannot verify Binance's internal signing controls or transaction limits behind the $6.3B hack.
Forensic tracing finds $48.6M moved across 11 chains from Mercado Bitcoin, with customer deposit addresses drained hours after the exchange said the breach was contained.
Keplr paused Google and Apple social login after reports of unauthorized transactions. Recovery-phrase and hardware-wallet users are unaffected so far; social-login users should stop funding those accounts.
Thailand's SEC filed a criminal complaint against Bitget's operator for unlicensed trading from 2022 to 2025, ahead of a Dec. 5 access block.
A Labor Department rule allowing crypto in 401(k) menus has reached White House review, bringing public release close.
Optech #430 covers TCP hole punching for home-router nodes, a draft BIP on co-signer spending policies, and BIP54 discussion.
Nigeria's central bank now requires offshore stablecoin issuers serving Nigerians to incorporate locally, hold 10-15B naira capital and add 2% reserves.
Chainalysis revised its breach disclosure: password hashes and live tokens were exposed, not just non-sensitive customer data.
Zcash's NU7 upgrade is live, cutting block time to 25 seconds and easing the work wallets need to find private payments.