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Bitcoin Futures Hit $42.6B Across 11 Exchanges — Here Is What Open Interest Signals for June
Key TakeawaysBitcoin futures open interest (OI) across 11 exchanges totals roughly $42.6B, with Binance (19.14%) and CME (13.88%) holding the largest shares as of May 31, 2026, according to Coinglass data.Deribit’s June 26 expiry carries approximately $8.5B in notional value, with max pain near $77,500, about 5.3% above the current spot price of $73,600.CME put OI has outpaced calls since November 2025, signaling institutional hedging persists even as Bitcoin recovers from its February 2026 lows. Futures Open Interest Across Exchanges Total exchange BTC futures open interest stands at roughly $42.6 billion, down sharply from the $90 billion-plus peak reached in…
Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly $5.4 million over the weekend. This latest security breach joins the growing list of exploits suffered in the decentralized finance (DeFi) space so far in 2026. Gravity Bridge Hack Traced To Signing Key Compromise: Investigator On Saturday, May 31st, blockchain sleuth Specter highlighted that Gravity Bridge might have been exploited through what he described as a signing key compromise. For context, a signing key compromise refers to the unauthorized disclosure or theft of a cryptographic key, allowing an attacker to…
This story is from The Spark, our weekly newsletter giving you the inside track on all things biotech. Sign up to receive it in your inbox every Thursday. How the Pope’s Magnifica Humanitas offers a template for individuals to meet the AI moment ——Father Séamus Finn, a leader in faith-based and socially responsible investing with the Oblates of Mary Immaculate, and Sister Susan Francois, assistant congregation leader and treasurer of the Sisters of St. Joseph of Peace Pope Leo XIV’s new encyclical on artificial intelligence includes a statement that warrants serious attention from technologists and policymakers: “Technology is never neutral.” …
When starting a business, choosing the right structure is essential, as it affects your liability, taxes, and operations. From sole proprietorships, which are easy to set up, to corporations that offer liability protection but come with intricacies, each option has its pros and cons. Comprehending these different types of business structures can help you make informed decisions that align with your goals. Let’s explore the specifics of each structure and what might suit your needs best. Key Takeaways Sole proprietorships are the simplest business structure, with no separate legal entity and personal liability for debts. Partnerships involve two or more…
The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran.Speaking in an interview on Fox Business, Bessent said U.S. authorities had “grabbed the wallets” and seized cryptocurrency connected to Iran.He said the effort falls under Operation Economic Fury, an administration initiative aimed at restricting Iran’s access to overseas revenue, banking networks and digital-asset infrastructure.“In addition, Treasury has cracked down on Tehran’s global shadow banking networks; designated networks supplying weapons and other military components to…
Tristan Thompson has become a top search result over the weekend as the retired NBA champion filed a lawsuit against World Mobile Group over an allegedly botched $2 million endorsement deal. Separately, he revealed on his ex-partner Khloe Kardashian’s podcast that she gave him an “ultimatum” to get a vasectomy. Both incidents have caused the former NBA player to trend on both courtrooms and celebrity gossip columns, with coverage ranging from legal analysis of his Delaware Chancery Court filing to recaps of his reproductive choices. It is a combination that shows how much the 35-year-old has embedded himself in both…
Cognition CEO Scott Wu made headlines again this week when his two-year-old AI coding agent startup raised $1 billion at a $26 billion valuation. Cognition is the maker of Devin, one of the first and, arguably, most successful AI coding agents. Devin, the CEO says, “naturally owns tasks end to end.” In fact, in the blog post announcing that raise, Cognition laid out a vision where “we are shifting to a world of self-driving software development.” So, could Devin replace, say, a mid-level L4 programmer? Yes, and no, Wu told TechCrunch. “We’ve never thought about it as replacing humans. I…
by Selena Hill May 29, 2026 Opponents of the SCORE Act argue that it would strengthen the NCAA’s power while limiting labor protections and voting rights for college athletes. A coalition of Black lawmakers and progressive Democrats has successfully blocked the advancement of the controversial Student Compensation and Opportunity through Rights and Endorsements (SCORE) Act, a sweeping proposal aimed at reshaping college athletics and name, image, and likeness (NIL) compensation rules for student-athletes. The legislation, introduced by Rep. Gus Bilirakis, sought to establish a national NIL framework while giving the NCAA and athletic conferences broader authority to regulate college sports.…
That’s the reality for most traders. You have the strategy, the discipline, the instincts. What you don’t have is $200,000 sitting around to put to work. Until now. Today, we’re launching Kraken Prop: a crypto prop trading program that gives skilled traders access to serious capital, with up to 90% of the profits going straight to them. What is prop trading? Prop trading (short for proprietary trading) flips the traditional model on its head. Instead of risking your own funds, you trade with a firm’s capital. You operate within defined risk limits. You keep your profits. We cover trading losses.…
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it.That inversion drives Fidelity’s May 2026 assessment that AI hosting could give miners a second revenue stream while flattening Bitcoin’s hash rate as major operators redirect energy infrastructure away from pure mining, and two hyperscaler contracts have put a concrete price on what miners built.Cipher Mining’s SEC-filed business update announced a roughly $5.5 billion, 15-year lease with AWS to provide 300 MW of turnkey space and power for AI workloads, with delivery beginning in July 2026.IREN…