Tokenized gold markets like PAXG and XAUt now handle nearly all gold price discovery when CME futures shut for the weekend. Gold pricing shifts onto blockchain networks once US futures markets close for the weekend, according to Iggy Ioppe, former chief investment officer at Credit Suisse and now chief investment officer (CIO) at liquidity infrastructure firm Theo. CME gold futures stop trading at 5:00 pm ET on Friday and reopen at 6:00 pm ET on Sunday. During that interval, regulated futures markets are inactive and most remaining activity occurs through private over-the-counter deals in Asia that are not publicly reported. As a result, tokenized gold assets such as PAXG and XAUt become among the few continuously traded, publicly visible instruments that reference gold over the weekend. Read more
The US military reportedly relied on Anthropic’s Claude AI for intelligence analysis and targeting during an Iran strike hours after Trump ordered a ban on the company’s systems. The US military reportedly used Anthropic during a major air strike on Iran, only hours after President Donald Trump ordered federal agencies to halt use of the company’s systems. Military commands, including US Central Command (CENTCOM) in the Middle East, used Anthropic’s Claude AI model for operational support, according to people familiar with the matter cited by The Wall Street Journal. The tool has reportedly assisted with intelligence analysis, identifying potential targets and running battlefield simulations. The incident shows how deeply advanced AI systems have become embedded in defense operations. Even as the administration moved to sever ties with the company, Claude remained integrated into military workflows. Read more
The newly created Polymarket wallets placed bets on the timing of a US strike against Iran, buying shares hours before the first explosions were reported in Tehran. Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider trading suspicions. The six wallets were all created in February and placed nearly all of their activity on contracts predicting the timing of a potential US attack, Bloomberg reported, citing data shared by analytics firm Bubblemaps SA. In several cases, shares were purchased only hours before explosions were first reported in Tehran, with some contracts acquired for around $0.10, per the report. Read more
Crypto markets stabilized after geopolitical shockwaves from US-Israeli air strikes on Iran rattled risk assets. Bitcoin climbed back toward $68,000 after US-Israeli strikes on Iran and the confirmed death of Iran’s Supreme Leader Ayatollah Khamenei. Bitcoin (BTC) prices reached $68,200 in early trading on Sunday morning on Coinbase, according to TradingView. The asset has now recovered all losses from its dip to $63,000 on Saturday, adding $5,000 in less than 24 hours following the news that the United States and Israel had commenced air strikes on Iran. Read more