Insider trading is a first-class citizen.
Institution is second-class.
We are third class.
Jury ruled on a calendar technicality, not the facts.
Elon Musk is right. OpenAI was founded as a non-profit to benefit all of humanity.
Instead it became a for-profit cash machine for @sama and friends.
Stealing a charity is still stealing even if your lawyers timed it right.
Jury ruled on a calendar technicality, not the facts.
Elon Musk is right. OpenAI was founded as a non-profit to benefit all of humanity.
Instead it became a for-profit cash machine for @sama and friends.
Stealing a charity is still stealing even if your lawyers timed it right.
Jury ruled on a calendar technicality, not the facts.
Elon Musk is right. OpenAI was founded as a non-profit to benefit all of humanity.
Instead it became a for-profit cash machine for @sama and friends.
Stealing a charity is still stealing even if your lawyers timed it right.
1/ Bitcoin dropped to $76,632.16 after US-Iran tensions escalated. Trump's warning ended diplomatic hopes, pushing Brent crude above $112 before cooling to $107-$109. Energy spikes reignited inflation fears and higher-for-longer Fed rate expectations, creating headwinds for liquidity-sensitive assets like Bitcoin.
2/ Over $607 million in bullish long positions were liquidated within 24 hours, part of a $677 million crypto long liquidation wave. Algorithmic selling and margin calls accelerated Bitcoin's decline beyond fundamental justification, exposing fragile positioning in leveraged markets.
3/ Bitcoin failed to break above its 200-day moving average near $82,000. Price now tests critical support around $76,000. A break could target $65,000. The 200-week moving average near $69,000 is a long-term trend reference, not a short-term magnet.
4/ The CLARITY Act passed the Senate Banking Committee 15-9. It aims to split SEC and CFTC oversight, define digital commodities, and create clearer compliance frameworks. Large networks like Bitcoin could gain commodity status, easing institutional participation and exchange compliance.
5/ The bill still needs Senate floor approval with 60 votes, requiring at least 7 Democratic votes. Ethics disputes, DeFi treatment, and a tight June-to-August calendar pose hurdles. Galaxy Digital sees a 3-in-4 chance of enactment in 2026.
6/ Global markets fragmented on 19 May 2026. S&P 500 fell 0.07%, Nasdaq slipped 0.51%, and Dow gained 0.32%. U.S. 10-year yields hit 4.60%, 30-year yields above 5.10%. Semiconductors corrected while defensives and energy outperformed amid bond market stress.
7/ Watch US-Iran developments, Fed commentary on leadership transition, CLARITY Act floor scheduling, and Bitcoin's price action at $76,000 and $82,000. Regulatory clarity, institutional infrastructure, and macro liquidity remain the true long-term drivers of Bitcoin's direction.
@elonmusk Appeal hard! Get him
Jury ruled on a calendar technicality, not the facts.
Elon Musk is right. OpenAI was founded as a non-profit to benefit all of humanity.
Instead it became a for-profit cash machine for @sama and friends.
Stealing a charity is still stealing even if your lawyers timed it right.
Appeal filed. Truth doesn’t have a statute of limitations.
The real AI race is just getting started.
Jury ruled on a calendar technicality, not the facts.
OpenAI was founded as a non-profit to benefit all of humanity.
Instead it became a for-profit cash machine for @sama and friends.
Stealing a charity is still stealing even if your lawyers timed it right.
Appeal filed. Truth doesn’t have a statute of limitations.
The real AI race is just getting started. 🚀
The idea that Singapore is inactive in crypto is a misconception. Let’s look at the major cases:
1) Binance, the world’s largest cryptocurrency exchange, left Singapore in 2022. Since launching in 2017, Binance has accumulated more than US$125 trillion in lifetime trading volume.
2) Three Arrows Capital (3AC), the prominent Singapore-based crypto hedge fund, suffered a catastrophic trading loss exceeding $4.2 billion during its implosion. The collapse left its creditors with an estimated $3.3-$3.5 billion in unpaid claims.
3) Malone Lam, a 20-year-old Singaporean national accused of leading one of the largest private cryptocurrency heist syndicates in U.S. history. His crime ring stole a total of US$263 million.
4) Singapore’s state-owned investment firm, Temasek Holdings, lost US$275 million when the cryptocurrency exchange FTX collapsed.
5) MetaKovan is a Singapore-based crypto entrepreneur and investor. He bought Beeple's NFT for $69 million. The artwork is now worth $52,000.
6) Do Kwon's Terraform Labs, a Singapore-registered firm, was behind the algorithmic stablecoin TerraUSD (UST) and its sister token, Luna. When the system collapsed in May 2022, it wiped out US$60 billion in global value overnight.
Most of my friends said Singapore is quiet in the crypto space. WRONG! Let me highlight some big cases:
1) Singapore failed to retain Binance, the world’s largest cryptocurrency exchange. Since launching in 2017, Binance has accumulated more than US$125 trillion in lifetime trading volume.
2) Three Arrows Capital (3AC), the prominent Singapore-based crypto hedge fund, suffered a catastrophic trading loss exceeding $4.2 billion during its implosion. The collapse left its creditors with an estimated $3.3 billion to $3.5 billion in unpaid claims.
3) Malone Lam, a 20-year-old Singaporean national accused of leading one of the largest private cryptocurrency heist syndicates in U.S. history. His crime ring stole a total of US$263 million.
4) Singapore’s state-owned investment firm, Temasek Holdings, lost US$275 million (S$377 million) when the cryptocurrency exchange FTX collapsed.
5) MetaKovan is a Singapore-based crypto entrepreneur and investor. He bought Beeple's NFT for $69 million. The artwork is now worth $52,000.
6) Do Kwon's Terraform Labs, a Singapore-registered firm, was behind the algorithmic stablecoin TerraUSD (UST) and its sister token, Luna. When the system collapsed in May 2022, it wiped out US$60 billion in global value overnight.
