Solana price falls 18% in May as SEC scrutiny cuts open interest by $330M
Open interest in SOL derivatives falls from $3.20B to $2.87B. Price faces resistance at 50-day EMA, $150 is key support. Polymarket shows 80% odds of Solana ETF approval. Solana is…
Coinbase helps bust $20 million spoofing scheme amid legal scrutiny
Coinbase refused to pay a $20 million ransom after a separate data breach. A class-action lawsuit accuses Coinbase of withholding key risk information. The FCA fined Coinbase $4.5 million for…
Trump’s crypto empire under scrutiny: up to 37% of wealth reportedly tied to digital assets
Trump family reportedly controls 80% of TRUMP coin supply. Trading fees from TRUMP coin hit $100 million in January. WLFI stablecoin and token project faces transparency concerns. A new report…
Polymarket under scrutiny in France after trader made $50M on Trump’s win
A French Trader “Théo” made nearly $50M betting on Trump using the “neighbour polling” method on Polymarket. Théo’s private polls and unconventional data use raise transparency concerns. French regulator ANJ…
Appeals court orders an independent scrutiny of FTX bankruptcy
The federal appeals court in Philadelphia ordered that an independent examiner be appointed to scrutinize the FTX collapse. Bankruptcy court judge John Dorsey had earlier denied the trustee’s request. A…