Bitcoin Crashes Below $81,000 as $1 Billion in Leveraged Positions Liquidate
Bitcoin fell roughly 7% in 48 hours, hitting three-week lows and wiping out over $1 billion in leveraged positions, with traders still pricing further downside.
finance.yahoo · +14 outlets
Ledger Reseller Hack Scare Nears $90M; Tether Freezes Stolen USDT
Ledger is investigating the potential theft of roughly $87 million in user funds tied to a wallet reseller, while Tether moved to freeze the stolen USDT.
CryptoSlate · +4 outlets
Alex Mashinsky Hit With $35M Penalty and Permanent Industry Ban in NY Settlement
New York Attorney General secured up to $35 million and a lifetime industry ban from the former Celsius CEO, though he can still trade his own crypto.
CoinDesk · +8 outlets
Bitcoin ETFs Shed $731M in Two Days Before Flows Turn Positive
Bitcoin and Ethereum funds lost $317 million in a session even as XRP ETFs drew inflows, raising questions about whether the selling pressure has run its course
Yahoo Finance · +3 outlets
CFTC Sets New Rules Drawing the Line Between Prediction Markets and Gambling
The CFTC's rulemaking defines when prediction markets cross into gambling, while Blockchain.com simultaneously seeks approval for US prediction markets and cryp
Decrypt News · +14 outlets
Whales Accumulate 15,000 Bitcoin in Three Days as MARA Sells $81 Million
Large holders added roughly 15,000 BTC over three days while miner MARA liquidated $81 million in holdings, highlighting divergent strategies amid the slump.
Yahoo Finance · +3 outlets
Sam Altman-Backed Bitcoin Life Insurer Meanwhile Raises $37.5 Million
The life insurer that runs entirely on Bitcoin closed a $37.5 million raise, extending crypto-native financial products into insurance.
Yahoo Finance · +13 outlets
French Committee Backs Stablecoin Swap Tax and Crypto Exit Tax, Then Rejects Budget
A French parliamentary committee advanced crypto tax measures including stablecoin swap and exit taxes during a budget vote that ultimately failed.
Decrypt News · +3 outlets
Solana Doubles Block Production Speed to 200ms Ahead of Alpenglow Upgrade
Solana cut its block time in half as the network prepares for the Alpenglow consensus upgrade.
CryptoSlate · +3 outlets
Coinbase Wins Dismissal of Shareholder Suit Over Texas Move
A shareholder suit tied to Coinbase's Texas reincorporation was dismissed, closing a challenge centered on Delaware-era claims.
CryptoSlate · +6 outlets
DWF Labs Subsidiaries Sue BitGo for $141 Million Over Early Token Sales
DWF Labs entities filed a $141 million suit against BitGo related to early token sales.
Decrypt News · +14 outlets
Blockchain.com Seeks US Approval for Prediction Markets and Crypto Derivatives
Blockchain.com applied for US approval to offer prediction markets and crypto derivatives, expanding beyond its wallet and exchange business.
Decrypt News · +14 outlets
Senate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family Profits
A Senate Democrat questioned Cantor Fitzgerald over its Tether business and profits tied to the Lutnick family.
Decrypt News · +5 outlets
UK Sanctions Cryptomus and TokenSpot in New Russia Package
The UK added crypto firms Cryptomus and TokenSpot to its latest Russia sanctions package.
Decrypt News · +12 outlets
Empire Market Co-Creator Gets 40 Years and Forfeits 1,230 BTC
The co-creator of the $430 million dark web bazaar Empire Market was sentenced to 40 years and ordered to forfeit 1,230 BTC.
Decrypt News · +14 outlets
Ethereum Researcher Warns Big Holders to Prepare 'Bunker Mode' for Quantum Threat
Ethereum Foundation researcher Justin Drake urged large holders to plan for a mass move of funds to new addresses ahead of possible quantum computing advances.
finance.yahoo · +14 outlets
Starknet Jumps 20% After Saying It Wants to Become an L1
The Ethereum layer-2 Starknet rallied after signaling a plan to convert itself into a layer-1 network.
Decrypt News · +1 outlets
Strategy's $150M-a-Day STRC Market Found to Depend on Its Own Buybacks
Analysis found Strategy's large STRC preferred issuance market relies in part on the company's own buyback activity.
CryptoSlate · +1 outlets