Kaiko said open interest, funding rates and wallet activity showed repeated pre-announcement positioning before several Robinhood token listings. Open interest in perpetual futures markets and onchain trading patterns suggest some traders may have positioned ahead of Robinhood crypto listing announcements, according to a Monday report from analytics provider Kaiko. One of the clearest examples was wallet address '0xa1E,' which Kaiko said opened a long position on Lighter (LIT) on decentralized exchange Hyperliquid at 11:05 am UTC on Jan. 15, about an hour before Robinhood announced the token’s listing at 12:12 pm The wallet closed the position at 1:00 pm, shortly after the announcement. Kaiko said the same address later opened a short position on a HOOD-linked perpetual contract on April 28, hours before Robinhood reported first-quarter revenue that missed analyst expectations. The trader closed the short later that day after HOOD moved lower. Read more
The majority stake in Curtea Veche Publishing House, owned by the Arsene family, has been acquired by Libri-Bookline, one of the largest actors on the Hungarian book market.
The United States is “not looking for a fight” over the Strait of Hormuz, and its ceasefire with Iran still holds, but any attack on commercial shipping will be met with a “devastating” response, the Pentagon chief said on Tuesday. The warning from Pete Hegseth came on the second day of a US effort, dubbed ‘Project Freedom’, to facilitate the transit of commercial ships through the Strait of Hormuz, which Iran had closed in response to the US-Israeli war on the Islamic republic. “We’re not looking for a fight. But Iran also cannot be allowed to block innocent countries and their goods from an international waterway,” Hegseth told reporters. “If you attack American troops or innocent commercial shipping, you will face overwhelming and devastating American firepower.” US Chairman of the Joint Chiefs of Staff Gen Dan Caine addresses reporters at the Pentagon on May 5, 2026. — AFP The Pentagon chief added that Washington is promising security for commercial vessels with a “red, white and blue dome” over the Strai...
Law firm Schoenherr assisted Türkiye’s Otokar Otomotiv ve Savunma Sanayi AŞ in buying the majority stake (96.77%) in Romanian defense industry manufacturer Automecanica in a deal put at EUR85 million. Law firm bpv Grigorescu Stefanica assisted Automecanica shareholders.
The data blockchain securing onchain finance projects looks to provide lenders and borrowers with agreement-specific collateral solution. Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that it says is purpose-built for institutional lending. The Microsoft-backed blockchain said on Tuesday that its new virtual vaults can be configured by institutional lenders and borrowers to their specific agreement, with cryptographically verified, continuously updated visibility into borrower collateral across the centralized exchanges and decentralized finance (DeFi) protocols where it actually sits. Real-time verification of collateral has long vexed the institutional lending sector, with generic solvency metrics falling short of practical needs. Read more
Binance will shift to an orderbook-weighted pricing model for commodity perpetual futures during off-hours, potentially changing margin and liquidation behavior. Binance will change how it calculates benchmark prices for commodity-based perpetual futures during off-hours, a move that could affect margin and liquidation levels during weekends, holidays and maintenance periods, according to an exchange notice published Tuesday. The update will take effect on Friday at 9:00 pm UTC. The exchange will replace its current fixed pricing method with an Orderbook EWMA model for commodity-based traditional finance (TradFi) perpetual contracts. EWMA, or exponential weighted moving average, uses orderbook data that is smoothed over time rather than relying on a fixed reference price during periods of lower activity. Binance said the change will apply during daily maintenance windows as well as weekends and holidays, when trading activity is typically reduced. Read more