Latest from Sheldon Reback
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense.

When safe assets compete with risk. Lessons from the 1960s–90s for bitcoin and stocks.
Your day-ahead look for Aug. 11 2026

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1
The Strait of Hormuz relief trade unraveled after Trump demanded 50 years of Iranian compensation, pushing oil back to $89 and leaving crypto and equities unchanged ahead of a pivotal CPI report.

UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital asset businesses.

Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
The bitcoin miner’s 20-year agreement highlights an industry-wide shift toward AI infrastructure revenue.

Solana lending giant Jupiter now lets the same dollar earn twice
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow to the new vaults.

Crypto exchange Coinsbuy loses $8 million in coordinated two-blockchain attack
Onchain forensics tie a single actor to an $8 million coordinated drain across TRON and Ethereum, with most funds routed through FixedFloat and the attack vector still unknown.

Bitcoin's BIP-110 episode is free-market capitalism in purest form
Your day-ahead look for Aug. 10, 2026

Bitcoin steadies above $65,000 as Iran-Oman deal talk eases Hormuz concerns, lifts risk assets
BTC rose to $65,209 and Nasdaq 100 index futures gained 0.45% on reports that Iran may strike a deal with Oman to reopen the Strait of Hormuz.

Bitcoin volatility is in meltdown, but downside protection still commands a premium
Bitcoin’s BVIV volatility index hit the lowest level since 2025 as option demand collapsed. Still, overwriting surged and downside protection stayed pricey.

