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3AC co-founder can answer subpoena or ‘take his chances’ — US judge

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The U.S. judge presiding over the Three Arrows Capital bankruptcy case has upped the pressure on Kyle Davies to comply with a January-issued subpoena.

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Coin Market

Tokenized asset market tops $43B as institutions accelerate blockchain adoption

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Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market broadens beyond funds and private credit, according to Token Terminal.

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Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls

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Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs.

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Bitcoin metric near ‘low-risk’ zone after holders absorb 125K BTC in June: Time for a rebound?

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Bitcoin’s Sharpe ratio and a 125,000 BTC increase in BTC accumulator demand mark the start of a new demand phase. Will prices follow?

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