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Jane Street accused of using Terra Telegram backchannel before UST crash

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The private Telegram backchannel allegedly allowed Jane Street to unwind hundreds of millions in potential exposure “mere hours before” the Terra ecosystem’s $40 billion collapse.

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Coin Market

Polygon CEO announces job cuts amid Coinme acquisition

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The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January.

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Coin Market

Bitcoin outlook improves amid 6% weekly gain: Can BTC bulls push higher?

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Bitcoin buyers have returned to spot, futures and ETF markets but geopolitical headwinds could quickly unravel the progress of the past two weeks.

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Trump teleprompter operator made $100K betting on Kalshi markets tied to speeches: ABC

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According to ABC News, federal regulators are investigating whether the longtime White House staffer used nonpublic information to profit from event contracts tied to President Donald Trump’s speeches.

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