The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance.

Coinbase hacker mocks ZachXBT after moving $42M in BTC; breach impacts 69K users with losses over $300M and ransom demands rejected.

Crypto sleuth ZachXBT has revealed that a suspected threat actor behind Coinbase scams is mocking him on-chain.

Bitcoin surpassed $110,000 as Coinbase Premium Index and ETF inflows surged, signalling renewed demand from US investors.

Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. The change will take effect before trading on May 19. Discover is in the process of being acquired by Capital One Financial.

On May 21, Bitcoin options markets showed a slight increase in demand for put (sell) options, but nothing unusual. For comparison, the put-to-call ratio at Deribit dropped to 0.4x during the previous bull run on Jan. 20, reflecting lower confidence due to reduced volumes in call (buy) options.

Coinbase joins the S&P 500, bringing nearly $1B in Bitcoin onto the world’s most tracked index—and marking a turning point for corporate Bitcoin treasury strategy.

Coinbase, the largest cryptocurrency exchange based in the U.S., said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams and were demanding a $20 million payment not to publicly release the info.

Coinbase released worrying details on its data breach, Strategy caught a class action lawsuit, and three banks are considering a stablecoin.