Mando Minutes

Coinbase user data hacked, FTX repayments coming, bond yields soar

Crypto

• BTC: 103.5k (+1%), ETH: 2590 (+1%), SOL: 171 (-1%)

• Top Gainers: IP, EOS, BGB, HYPE, KCS

• BTC ETFs: +$115mn, ETH ETFs: -$40mn

• Hackers demand $20m after Coinbase data hacked

• SEC probes Coinbase on inflating user numbers

• FTX to begin $5b distribution on May 30

• Wisconsin Investment Board exits BTC ETF

• China’s DDC Enterprise to adopt BTC reserves

• China’s Addentax to buy 8k BTC

• Brazil’s Meliuz buys $28.4m BTC for reserve

• BTC to $1m, altcoins with products will win: Hayes

• BTC has more upside potential than gold: JPM

• SEC releases FAQs on broker-dealer transfer rules

• BlackRock integrates BUIDL with Euler

• Sonic Labs to liquidate Multichain Foundation

• Nasdaq grants extension on 21Shares DOT ETF

• ADA ETF approval 55% likely this year

• Tether’s freeze mechanism has loophole: AMLBot

• US DoJ indicts 12 for $263m crypto theft

• US DoJ to charge Tornado Cash’s Roman

• CoinMarketCap launches Pre-TGE project launchpad

Macro & General

• NASDAQ: 19.1k (0%), Gold: 3210 (0%)

• Global bond yields continue to trend higher

• Futures stable post 4-day S&P 500 rally

• 72% of S&P 500 stocks above 50 DMA

• PPI lower than expected

• Powell warns of high rates for longer due to tariffs

• Trade talks with US good: China

• US CDS spread near 2023 highs

• First time homebuyers in US at record low

• Student loan delinquencies skyrocket

• Trump raises $2.5T capital for US on Gulf trip

• UAE to invest $1.4T in US over next 10 years

• EU readies new trade proposal for the US

• Dimon continues to warn of US recession

• Belgium abandons phasing out nuclear power

Left Curve Corner

• Hot coins: USELESS, GORK, STARTUP, PECULE, XBT

• Hot NFTs: Pudgys, DX Terminal, Biome Lumina

• USELESS $35m, meme linked to Bonk launchpad

• Infinex announces Kaito rewards program

• Maplestory launches at $3b FDV

• Drifter Shoots arrested at gallery

• Frank DeGods sees wallet hacked, DeGods sold

The information does not constitute financial advice or recommendation and should not be considered as such. Full Disclaimer

*Yeet Disclaimer here. 18+, $1 minimum volume required, certain regions are restricted. Please gamble responsibly.