Quick Summary: Newly surfaced phone logs show seven calls between Argentine President Javier Milei and a key figure behind the LIBRA meme coin on the night of its launch. Argentine President Javier Milei’s connection to the collapsed LIBRA meme coin may be more extensive than he has publicly admitted. Newly surfaced phone records, cited in a New York Times report drawing on initial coverage from Argentine cable news channel C5N, reveal seven calls between Milei and a central figure behind the token on the evening of its launch. The logs were obtained from a federal prosecutor’s ongoing investigation into the…
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Quick Summary: Global crypto ETPs attracted $224 million last week, with Switzerland accounting for roughly 70% of inflows as XRP and bitcoin products led gains. Global cryptocurrency exchange-traded products recorded $224 million in net inflows last week, with the bulk of that capital originating outside the United States. Switzerland alone accounted for approximately 70% of total inflows, dwarfing contributions from Germany, the U.S., and Canada. The figures highlight a continued divergence in appetite for crypto investment products across different regions.XRP and bitcoin products were the primary drivers of last week’s gains. However, the majority of XRP demand and a significant…
Quick Summary: CME Group plans to launch AVAX and SUI futures contracts on May 4, expanding its regulated crypto derivatives offerings pending regulatory approval. CME Group is set to expand its cryptocurrency derivatives portfolio with the introduction of futures contracts for Avalanche (AVAX) and Sui (SUI), with trading expected to begin on May 4. The contracts, which remain subject to regulatory review, will be available in both micro-sized and larger-sized formats on the firm’s derivatives exchange. The launch comes just weeks before CME transitions to 24/7 trading of options and futures on May 29.Giovanni Vicioso, CME’s Global Head of Crypto…
Quick Summary: Crypto investment products attracted $224 million in weekly inflows, with Switzerland accounting for $157.5 million and XRP recording its largest weekly haul since mid-December 2025. Crypto investment products recorded $224 million in inflows last week, according to a report from asset manager CoinShares. The data, highlighted by CoinShares Research Analyst James Butterfill, revealed an unexpected geographic shift, with European markets outpacing their American counterparts in institutional activity. The development marks a notable departure from typical patterns in global crypto investment flows.Switzerland led all regions with $157.5 million in inflows, far exceeding the $27.5 million recorded in the U.S.…
Quick Summary: Crypto hedge fund Split Capital is closing as founder Zaheer Ebtikar joins stablecoin infrastructure startup Plasma as chief strategy officer. Split Capital, a digital asset hedge fund, is closing its doors after its founder, Zaheer Ebtikar, announced he is joining stablecoin startup Plasma, which counts Peter Thiel among its backers. Ebtikar shared the news in a post on X on Tuesday, noting that the fund had been profitable in both 2024 and 2025 and had delivered returns exceeding 100%. He described Split Capital as a top-performing fund by conventional measures, but said the decision to wind it down…
Quick Summary: Schwab says even a 1–3% crypto allocation can significantly raise portfolio volatility, making risk tolerance the key factor in any investment decision. Brokerage firm Schwab has concluded that the case for holding cryptocurrencies rests primarily on an investor’s risk tolerance rather than on expectations of future returns. The firm’s analysis shifts the focus away from performance projections, emphasizing instead how digital assets interact with a broader portfolio. This perspective challenges a common approach among retail investors who often buy bitcoin or ether based on anticipated price gains.According to Schwab, even modest allocations of between 1% and 3% to…
Quick Summary: Biconomy’s ERC-8211 proposal introduces smart batching to let AI agents execute complex DeFi transactions in a single step with real-time value resolution. Biconomy, a blockchain infrastructure company that builds developer tools for decentralized applications, has introduced a new Ethereum standard called ERC-8211. Proposed on Tuesday, the standard is designed to allow AI agents and applications to carry out complex decentralized finance transactions in a single step rather than through multiple separate actions. The system, which Biconomy refers to as smart batching, enables several blockchain operations to execute together while resolving transaction values in real time.The proposal addresses a…
Quick Summary: CME Group announces Avalanche and Sui futures contracts set to launch May 4, expanding its regulated crypto derivatives offerings. CME Group, the largest derivatives exchange by volume, has announced plans to launch futures contracts for Avalanche (AVAX) and Sui (SUI) on May 4, subject to regulatory review. The exchange will offer both standard and micro-sized contracts, with AVAX futures sized at 5,000 AVAX and Micro AVAX futures at 500 AVAX. SUI futures will be sized at 50,000 SUI, while Micro SUI futures will be sized at 5,000 SUI. The announcement reflects a continued push by traditional financial institutions…
Quick Summary: Polymarket generated $7.1 million in fees in the first week of Q2, implying an annualized run rate of $365 million after a late-March pricing change. Polymarket has emerged as one of decentralized finance’s leading fee-generating protocols following a pricing overhaul implemented on March 30. The onchain prediction platform collected approximately $7.1 million in fees during the first week of the second quarter, according to data from DeFiLlama. If that pace holds, the annualized run rate would reach roughly $365 million, placing Polymarket eighth among all DeFi protocols by fees.The March 30 pricing adjustment pushed daily fees to around…
Quick Summary: A Reddit-viral technique constraining Claude to blunt, stripped-down responses cuts output token usage by up to 61% on average, reducing API costs. A developer’s experiment in minimalist communication has turned into a practical cost-cutting tool for the AI community. The original post, published on r/ClaudeAI last week, has accumulated over 10,000 votes and 400 comments after the author demonstrated that forcing Claude to respond in short, blunt sentences — reminiscent of prehistoric speech — could reduce output token counts by as much as 75%. The technique strips away pleasantries, step-by-step narration, and closing offers to assist, leaving only…
