by Michael
Key TakeawaysBrent crude fell below $99 on May 24 as Trump declared a U.S.-Iran deal “largely negotiated,” targeting the reopening of the Strait of Hormuz.JPMorgan forecasts Brent averaging $60 long-term if tensions ease, with WTI potentially sliding into the $80s on...
by Michael
Key TakeawaysButerin detailed on May 24, 2026, that the Ethereum Foundation (EF) holds only 0.16% of all ETH, far below rivals.The EF plans to shrink its scope, focusing solely on censorship-resistance, privacy, and open infrastructure for Ethereum.Buterin called for...
by Michael
Key TakeawaysKeyrock’s May 2026 report found AI agents settled $73M across 176M transactions in just 12 months, with 98.6% in USDC.Coinbase and Stripe each span 5 of 6 payment stack layers, while incumbents deployed over $8B in acquisitions.MiCA, the GENIUS Act, and...
by Michael
Key TakeawaysFenwick & West agreed to pay $54 million to settle FTX customer claims, pending approval by Judge K. Michael Moore.The deal brings combined professional services payouts tied to the FTX collapse to roughly $66 million.A separate $525 million lawsuit...
by Michael
Key TakeawaysMichael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans.The SEC under the Trump administration proposed an innovation exemption for crypto firms, but delayed the plan on May 22, 2026.Burry’s... Translate »