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Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash
Jane Street Accused Of Using Terra Telegram Backchannel Before UST Crash
Authored by Zoltan Vardai via CoinTelegraph.com,
A newly unsealed court filing in the Terraform Labs bankruptcy case alleges Jane Street used a private Telegram channel with former Terraform intern Bryce Pratt to obtain nonpublic information before the collapse of TerraUSD. Pratt is currently a systems developer at Jane Street.
The channel, called “Bryce’s Secret,” allegedly gave the quantitative trading firm a backchannel to Terraform insiders as Jane Street unwound exposure to TerraUSD (UST) shortly before the algorithmic stablecoin lost its dollar...
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Jun 15, 2026 / Tyler Durden
US Industrial Production Disappoints In May
US Industrial Production Disappoints In May
Despite strong ISM Manufacturing data, US Industrial Production disappointed in May, rising just 0.1% MoM (vs +0.3% exp), but April's print was revised up to +0.9% MoM. Put together, that lifted the YoY rise in industrial production to +1.67% - its highest since Nov 2025...
Manufacturing excluding motor vehicles and parts was also flat in May, according to the Fed report.
Mining output, which includes energy extraction, increased 1.3%.
Utilities output fell.
US Manufacturing production was unchanged in May (below the 0.3% rise expected), but thanks to an...
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Feb 24, 2026 / Dave DeCamp
Iranian Foreign Minister: Iran Will Never Develop a Nuclear Weapon
Iranian Foreign Minister Abbas Araghchi on Tuesday reaffirmed Iran’s long-standing position that it does not seek nuclear weapons and will never develop them. The comments come as Trump administration officials threaten war over claims Tehran may be pursuing a bomb, even as President Trump insists he already “obliterated” Iran’s nuclear program. Aragchi made the remarks […]
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Aug 26, 2026 / Tyler Durden
The Great Game's Afoot
The Great Game's Afoot
By Michael Every of Rabobank
Brent oil is lower today at $86 on a bundle of news: US Secretary of State Rubio told allies strikes against Iran were off the table --for now -- and sanctions were on it; the US was reported to be returning some diplomats to Middle East embassies withdrawn over security fears; and Iran and Oman said they had discussed a Hormuz temporary corridor and mine-clearing – though Iran reiterated that the strait is still closed and just attacked another ship. There’s...
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