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CEO Of BitRiver Reportedly On House Arrest Amid Tax Evasion Charges
The Zamoskvoretsky Court in Moscow has reportedly ordered BitRiver CEO Igor Runets to remain under house arrest amid tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been…
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Step Finance Treasury Breach Sparks $27M SOL Loss, STEP Plunges
Step Finance, a decentralized finance portfolio tracker on Solana, has disclosed a security breach that led to the compromise of several treasury wallets, triggering a sharp sell-off in its native token.“Earlier today, several of our…
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Binance to Convert $1B SAFU Fund From Stablecoins to Bitcoin
Binance plans to convert about $1B in its SAFU insurance fund from stablecoins back into Bitcoin within 30 days.
Binance has said that it will convert roughly $1 billion…
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Ethereum Funding Rates Plunge to FTX Collapse Levels as $2.5B Liquidations Shake Crypto Markets
TLDR:
Ethereum absorbed $1.1 billion in liquidations as total crypto market lost $470 billion over three days.
Binance ETH funding rates dropped to -0.028%, levels last seen during the FTX collapse in November 2022. …
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SOL Falls To $95 As Bitcoin, Gold, Silver Sell-off: What’s Next?
Key takeaways:SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets.Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its…
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‘Stablecoin ordinance has taken effect’ – Hong Kong pushes for crypto regulation
Hong Kong has revealed that it has activated licensing for issuers of fiat-based stablecoins amid a broader push for crypto regulatory clarity.
During a policy briefing with the Legislative Council’s Finance Committee, Secretary…
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Citrea Bitcoin Rollup Launches Mainnet, ctUSD Stablecoin
Founders Fund and Galaxy Ventures-backed Bitcoin zero-knowledge rollup (ZK-rollup) Citrea launched its mainnet on Tuesday with BTC collateral lending, BTC-structured products and a new US dollar stablecoin, ctUSD. The launch is aimed at…
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There Is No Trust In DeFi Without Proper Risk Management
Opinion by: Robert Schmitt, founder and co-CEO at CorkDeFi has entered its institutional phase. As large investors dip their toes into crypto ETFs and digital asset treasuries (DATs), the ecosystem is gradually evolving into an…
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Strategy’s BTC Holdings Flip Red as Bitcoin Crashes to as Low as $75,500
Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low.Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million.Key…
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Bit Digital Shifts Focus from Bitcoin Mining to Ethereum and AI
TLDR
Bit Digital has decided to exit Bitcoin mining and refocus on Ethereum and AI infrastructure.
Ethereum becomes a core part of Bit Digital’s strategy, with over 150,000 ETH staked for rewards.
AI infrastructure is…
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