Author: John Smith

Paul Graham, co-founder of Y Combinator, says Warren’s anti-crypto crusade was a ‘pure own-goal’ for Democrats. Summary Paul Graham posted on X that Senator Elizabeth Warren’s campaign against crypto was a “pure own-goal” that damaged Democrats without slowing the industry’s growth. Warren did not seek reelection in 2026 as crypto gained mainstream political and institutional acceptance under a more favourable US regulatory regime. Graham previously called former SEC Chair Gary Gensler’s approach “really stupid,” saying legitimate companies were stonewalled while actual frauds like FTX continued to operate freely. Y Combinator co-founder Paul Graham posted on X that Senator Elizabeth Warren’s…

A crypto PAC affiliated with Fairshake has poured $5 million into a Texas congressional runoff ahead of Tuesday’s vote. Summary Protect Progress spent $5 million supporting Christian Menefee and $2.8 million opposing Al Green in Tuesday’s Texas 18th District runoff. The Kalshi prediction market puts Menefee’s odds at 91% and Paxton’s at 96% in the parallel Texas Senate runoff, where total betting volume exceeded $16 million. Green voted against the GENIUS Act and the Clarity Act and holds an F grade from Stand With Crypto, making his seat a direct target for Fairshake’s $193 million 2026 war chest. Protect Progress,…

SHIB futures netflow plunged 306% as outflows exceeded inflows, according to CoinGlass derivatives data. Summary CoinGlass data shows SHIB futures netflow dropped 306%, with outflows exceeding inflows as derivatives traders reduced exposure to the meme token. Open interest in SHIB futures stands at $61.2 million, while approximately $42,485 in SHIB positions were liquidated in the latest 24-hour session. SHIB was trading near $0.00000575 at time of writing, down approximately 54% over the past 12 months and 3.7% over the past week. CoinGlass tracked SHIB futures netflow dropping 306%, with the total value of SHIB leaving derivatives exchange wallets outpacing inflows.…

CoinQuant trading platform has expanded its architecture to serve both human traders and autonomous AI agents. Summary CoinQuant, with over 15,000 users since launch, is expanding its no-code AI trading platform into a unified intelligence architecture designed for autonomous AI agents. The platform converts plain-English strategy descriptions into complete trading systems covering entries, exits, position sizing, and risk rules, with tick-level backtesting. The expansion targets the emerging agent economy, where AI agents settled $73 million across 176 million blockchain transactions in the twelve months through April 2026. CoinQuant announced the expansion of its no-code trading platform into a unified trading…

AI is transforming both crypto security and crypto attacks. Here’s how Ledger is approaching AI-powered threats, human verification, and secure wallet infrastructure. Summary Automated attacks and automated defenses within the crypto industry continue to escalate Ledger’s AI security systems are designed to keep users in control of wallet authorization Ledger’s strategy focuses on AI-assisted protection, not AI-controlled custody AI can detect suspicious transactions, phishing attempts, malware, and unusual wallet behavior faster than humans. It can also help users identify fake websites and dangerous smart contracts. On the other hand, attackers use AI to create convincing phishing emails and fake support…

YZi Labs has launched YZi Talent, a recruitment platform that aggregates open roles from its Web3, artificial intelligence and biotechnology portfolio, starting with senior engineering and business leadership positions at predict.fun and AgriDynamics Robotics. Summary YZi Talent centralizes hiring for YZi Labs’ portfolio across Web3, AI and biotech Initial roles include Backend Chief Engineer at predict.fun and founding leadership at AgriDynamics Robotics The platform builds on YZi Labs’ multi vertical investment push beyond pure Web3 In an official X post, YZi Labs announced the debut of YZi Talent as a dedicated recruitment platform “integrating open positions in Web3, AI, and…

A Satoshi era Bitcoin miner moved 2,650 BTC worth about $203 million into FalconX and Cumberland trading desks, leaving roughly 6,000 BTC in dormant balances while spot prices held near $77,000. Summary Onchain Lens, using Arkham data, traced 2,650 BTC, or about $203 million, from a 2009 and 2010 era mining entity to FalconX and Cumberland. The entity controls 14 addresses and retains around 6,000 BTC, valued near $462 million at a Bitcoin price of about $77,000. The transfers went to over the counter desks instead of exchanges, avoiding visible price impact as Bitcoin traded around recent highs. A long dormant Bitcoin…

Hyperliquid’s native token HYPE has surged more than 40% over the past seven days, fueled by aggressive institutional accumulation, fresh all-time highs in derivatives activity, and a major technical breakout that has traders eyeing another leg higher. Summary Hyperliquid price has surged more than 40% over the past week, supported by ETF inflows, protocol buybacks, and rising perpetual futures activity. CoinGlass liquidation data showed heavy short liquidation clusters between $65 and $66.7, raising the possibility of a fresh squeeze if bulls break higher. Whale activity intensified during the rally, with trader Garrett Jin accumulating over $9 million in HYPE while…

XRP market depth on Binance has dropped to its weakest level since January 2020, according to CryptoQuant analyst Arab Chain.  Summary XRP Binance liquidity index fell near 0.043, its lowest reading since January 2020, CryptoQuant data shows. Binance whales withdrew $49.2 million in XRP as price returned to a repeated accumulation zone. XRP trades near $1.36, below short-term moving averages, with $1.40 still blocking recovery. The analyst said XRP’s 30-day liquidity index on Binance fell to about 0.043 while the token traded near $1.34. The reading points to a sharp fall in available liquidity compared with earlier market phases. Arab…

Fenwick & West has agreed to pay $54 million to settle a class action lawsuit filed by former FTX customers who accused the law firm of helping facilitate fraud at the collapsed cryptocurrency exchange. Summary Fenwick & West has agreed to pay $54 million to settle claims that it helped FTX conceal the misuse of customer funds. Former FTX customers alleged that the law firm advised on legal structures tied to Alameda Research, North Dimension, and unlicensed financial operations. According to court filings tied to the proposed settlement, the Silicon Valley law firm reached the agreement after initially trying to…