Tech-focused asset manager ARK Invest has capitalized on the recent crypto market downturn, buying a combined $43.5 million worth of shares in crypto firms such as Coinbase and Circle over the past three trading days.Data from ARK Invest shows the asset manager bought another 122,544 shares in Coin…
Self-exiled Chinese billionaire Guo Wengui, also known as Miles Guo, was sentenced to 30 years in a U.S. prison on Monday for fraud involving cryptocurrency, according to multiple media reports.U.S. District Judge Analisa Torres also ordered Guo to forfeit $889 million in restitution as part of the…
Crypto.com’s longtime executive Karl Mohan has left the exchange after almost five years. He was most recently the EVP for Financial Services and GM International at the crypto exchange.“Five years in crypto is a long time,” he wrote in a LinkedIn post announcing his departure.“It certainly was lon…
Bitmine Chairman Tom Lee tied Ethereum’s BITSTAMP:ETHUSD 8% weekly drop to quarter-end window dressing, arguing funds trimmed three-month losers.The executive made the comments as Bitmine reported holdings of 5,700,040 ETH worth roughly $9 billion.Lee Frames ETH Drop as Quarter-End Window DressingW…
JPMorgan has backed the U.S. CLARITY Act, saying clear crypto regulations are necessary for the industry to grow. However, the banking giant also warned that rushing legislation without proper safeguards could create new risks for both investors. In addition, this could harm the financial system.Th…
Bitcoin falls in Asian trading hours as traders continue to digest last week's higher-than-expected U.S. inflation data, which may prompt the Fed to keep rates higher for longer, Sygnum Bank analysts say. The PCE index, the Fed's preferred inflation gauge, hit a three-year high in May, signaling th…
0433 GMT - Bitcoin falls in Asian trading hours as traders continue to digest last week's higher-than-expected U.S. inflation data, which may prompt the Fed to keep rates higher for longer, Sygnum Bank analysts say. The PCE index, the Fed's preferred inflation gauge, hit a three-year high in May, s…
A recent tweet claimed that the Netherlands, featuring star player Frenkie De Jong, has been eliminated from the 2026 World Cup. However, this information is inaccurate as the Netherlands actually topped Group F and advanced to the knockout stage. Under coach Ronald Koeman, the team performed stron…
Ether treasury company Bitmine Immersion Technologies added more than 27,000 Ether to its holdings last week as the firm joined the Russell index tracking the largest 1,000 US companies.Bitmine said Monday that after its latest $43 million purchase, it held just over 5.7 million Ether (ETH) bought…
Basil Al Askari, CEO of Abu Dhabi-based MidChains, is making the case that Bitcoin's current pricing represents a strategic entry point for sovereign wealth funds, and that their participation could trigger a domino effect across the institutional landscape.It sends "a very clear signal" to other i…
Sovereign wealth funds have been accumulating spot Bitcoin, a sign that Bitcoin’s current price level is becoming attractive to institutional investors, according to MidChains CEO Basil Al Askari.While there has been a slowdown in retail crypto market participation, the opposite is being seen on th…
BitMEX co-founder Arthur Hayes delivered a blunt assessment of two of crypto’s most established projects, arguing that Cardano and XRP have built their lasting community loyalty on early wealth creation rather than actual utility.“Lie to Your People” and Still WinAsked why Cardano remains so popula…
Echo Protocol said it has started collecting information from users affected by a previous eBTC exploit incident on Curvance.According to Foresight News, the Bitcoin infrastructure protocol said it has conducted an initial review of potentially impacted addresses using on-chain data and is seeking…
The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it of stealing hundreds of thousands of dollars from at least 18 investors between 2023 and 2024.The announcement by the SEC on Monday came nearly two…
Telegram founder Pavel Durov remains one of Bitcoin’s earliest and strongest supporters.Speaking in a recent interview, Durov revealed that his early Bitcoin investments have helped fund his lifestyle for years and explained why he still thinks the world’s largest cryptocurrency could eventually re…
Data from Web3 asset platform RootData shows the list of crypto industry projects that have shut down in 2026 has increased to 70 and is still growing. According to ChainCatcher, the latest additions span multiple segments, including Layer 2 protocol Loopring, lending blockchain UX, cross-chain set…
Hyperliquid ranked first in DeFi “holders revenue” over the past week, returning about $12.3 million to token holders, according to DefiLlama data. According to ChainCatcher, the top 10 DeFi protocols accounted for more than 80% of total holder revenue during the period.Hyperliquid represented abou…
Hyperinsight monitoring identified a wallet labeled as Hyperliquid’s largest Bitcoin position holder as a short-term intraday trader known as 0xa44. According to BlockBeats On-chain Detection, the address has recorded 11 consecutive winning trades during a recent choppy market and is known for open…
A U.S. federal court in the Eastern District of New York accepted a class-action lawsuit against Magic Eden on June 16, alleging false statements in the promotion of the ME token. According to Foresight News, plaintiffs Jaime Pagan, Ariel Ruano, and Chris Sadowski claim Magic Eden and its executive…
Hyperliquid whale accounts currently hold $4.31 billion in total positions, with short exposure slightly exceeding long exposure, according to Coinglass data. According to ChainCatcher, long positions total $2.12 billion, representing 49.15% of holdings, while short positions total $2.19 billion, r…
