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Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility
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The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows. The brief rally in the cryptocurrency markets following Friday’s U.S….
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Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
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Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce. Cryptocurrencies continued trending to the downside as recession fears weighed on risk assets ahead of Friday’s key…
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Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov’s Arrest
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The decision comes after the CEO’s arrest in France for allegedly failing to police illegal content. Telegram is radically altering its stance towards “illegal” use of its messaging days…
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EigenLayer to Distribute 86M Tokens to Stakers, Node Operators
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The tokens equate to around 5% of EIGEN’s total supply. Restaking protocol EigenLayer will distribute 86 million EIGEN tokens to users that have interacted with the platform as a…
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In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts
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The team could get 70% of World Liberty Financial’s tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional finance system. World Liberty…
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Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues
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Crypto weakness may be a red flag for traditional risk assets, one analyst said. Bitcoin (BTC) dropped below $57,000 on Thursday, reversing Wednesday’s gains as lingering concerns about the strength of…
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Mt. Gox Wouldn’t Have Happened With Modern Tools, Mark Karpeles Says
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As the former Mt. Gox CEO launches his new exchange and ‘Ungox’ venture, he reflects on what he wishes he could have done differently a decade ago. SEOUL, SOUTH…
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Bitcoin Dives Under $56K as Asian Equities See Red
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U.S. stocks tracked by Nasdaq 100 and S&P 500 fell as much as 3.5% lower on Tuesday to kick off a historically bearish September month. Bitcoin (BTC) fell to its lowest…
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Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
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Four team members listed in World Liberty Financial’s white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls…
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WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash
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The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore. The hacker entity that stole over $230 million in…
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