๐ Global & Macro: The Trump administration is weighing a halt to the Ukraine weapons procurement mechanism, demanding Kyiv cease deep strikes on Russian energy infrastructure. Washington is lobbying European governments and Ukrainian authorities to prevent attacks on key facilities such as refineries inside Russia, signaling a major shift in U.S. pressure tactics.
๐ฆ RWA & Institutional: Deribit has completed its integration with Coinbase, further enhancing the institutional platform’s capabilities. The move strengthens Coinbase’s offerings for institutional clients in the crypto derivatives market, deepening its footprint in regulated institutional trading infrastructure.
โก Crypto & Markets: Ledger has confirmed that all reported hardware wallet supply chain attacks involve CryptoBilis, with only a limited number of affected devices. The company stated the impact is contained and no other supply chain cases have been identified, easing broader fears of systemic hardware wallet vulnerabilities.
๐ก Key Takeaway: Institutional crypto infrastructure deepens as Coinbase absorbs Deribit, while Ledger contains a supply chain scare and Washington pivots to pressuring Kyiv on energy strikesโgeopolitics and market plumbing are converging fast.