// RECENT_TRANSMISSIONS (361 posts)
US Spot Bitcoin ETFs Shed $188M in Pre-Holiday Liquidation
Institutional investors engaged in heavy profit-taking on December 23, snapping a streak of inflows as volatility looms over the holiday break.
Trump Media Moves 2,000 BTC After Fresh Buys; Treasury Shrinks About 17%
Trump Media shifted 2,000 BTC worth about $175 million out of its tagged wallets just days after fresh purchases pushed its treasury above 11,500 BTC, trimming on-chain holdings by roughly 17%.
Ethena’s USDe Bleeds $8.3B: Supply Collapses 80% as Yield Trade Unwinds
Ethena’s USDe sees $8.3 billion in exits as the basis trade unwinds, forcing a re-evaluation of synthetic stablecoin risks.
Polymarket Confirms User Account Breach Tied To Login Vendor
Polymarket says a small set of user accounts were drained after attackers hit a third-party login provider, reviving tough questions about email-based wallets on prediction markets.
Chinese Shadow Crypto Markets Hit $2B on Telegram
Despite a strict ban, Chinese traders are moving $2 billion annually through illicit Telegram-based OTC networks to bypass capital controls.
SEC Charges 7 Crypto Firms With Fake Trading, Frozen Withdrawals
The SEC says three fake crypto platforms and four WhatsApp “AI” clubs never traded at all, instead freezing withdrawals and draining $14 million from U.S. users.
Ex-FTX US President Returns: Harrison’s ‘Architect’ Secures $5M for Institutional Trading Layer
Former FTX US President Brett Harrison secures $5M from Coinbase and Circle for Architect, pivoting to regulated trading infrastructure rather than a new exchange.
Regulated Crypto Bank Erebor Raises $350M After FDIC Green Light
Erebor just raised $350M at a $4.35B valuation days after FDIC approval, putting a fully regulated, crypto-facing national bank on the radar of every trading desk.
Wall Street Banks Now Run Bitcoin’s Market Plumbing
ETFs, tokenized cash and bank custody now sit at the heart of Bitcoin’s pricing machinery, pushing crypto-native exchanges to the sidelines.
Ethena’s USDe Sheds $8.3B Since October Crash as DeFi Unwinds
Ethena’s synthetic dollar USDe has shrunk from roughly $14.7B to about $6.4B since the Oct. 10 liquidation cascade, as traders dump yield loops and risk desks brace for knock-on effects across DeFi.