๐ Global & Macro: No major macro headlines in this hour. Markets remain focused on AI investment momentum and crypto infrastructure risks.
๐ฆ RWA & Institutional: No new RWA or institutional developments reported this hour.
โก Crypto & Markets: Binance’s share of ETH futures open interest has surged to nearly 49%, the highest since 2023, signaling growing concentration of derivatives trading on the exchange. In a separate incident, Ledger devices linked to CryptoBilis were compromised, with up to $94.5 million stolen; Tether has frozen $10 million in USDT tied to the hack. Meanwhile, DeepSeek led a $400 million seed round for Winverse AI, marking a significant early-stage AI investment.
๐ก Key Takeaway: ETH derivatives activity is increasingly concentrated on Binance, while a major hardware wallet breach and a high-profile AI funding round underscore rising security and investment risks in the digital asset space.