U.S. Senator Richard Blumenthal announced a formal Senate inquiry into Binance after recent news reports revealed that the world’s largest cryptocurrency exchange allegedly facilitated nearly $1.7 billion in transactions tied to sanctioned Iranian entities and Russia’s so-called “shadow fleet” of…

MicroStrategy becomes the most shorted US stock with $4.85B in short interest, about 11% of market cap, after $3.2B short profits last year. MicroStrategy, led by Executive Chairman Michael Saylor, has become the most shorted stock on Wall Street. Data shows that the net short position in $MSTR has reached about $4.85 billion. This figure […]

Castle Labs is arguing that crypto’s long tail is structurally overbuilt and that most tokens will ultimately be priced toward zero unless they can prove real business traction and tighter token alignment. The thesis, published in a long X post, frames the current market as a selection phase rather than a broad-based recovery story. The […]

Key Takeaways President Donald Trump will not pardon Sam Bankman-Fried. The White House cited the scale of losses tied to the FTX collapse. His political ties to Democrats weakened any clemency prospects. Lobbying efforts and public outreach from prison failed. He remains in custody serving a 25-year sentence. According to administration officials, the president has […]