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Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery
Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery. Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered…
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Aave avoided collapse, but its $8.45B stress test exposed deeper risks
A stress test that showed both strengths and weaknessesWhen large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal…
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Sharp STRC, SATA Drops Were Leverage Liquidations, Not Credit Failures
According to Cole, strong collateral can sometimes encourage excessive risk-taking instead of preventing it.
Strive CEO Matt Cole said on June 19 that the recent steep…
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ETH Trapped Below $1.7K Raises Call For Another “Selling Wave”
Ether's (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged…
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Crash Signal or False Alarms?
Do whales know something we don't?
The OG meme coin has fared poorly over the past several months, dropping out of the elite top 10 crypto club.
While some market…
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QCP warns Strategy’s overhang could cap Bitcoin’s upside despite U.S-Iran deal
Singapore-based crypto trading desk QCP Capital has warned that Bitcoin may fail to benefit from the U.S-Iran deal. According to QCP’s analysts, Strategy had limited coverage for dividend payouts. As such, it could be forced to sell more…
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Second $2.1M Exploit Hits Aztec in Less Than a Week: SlowMist
Deprecated Aztec infrastructure has suffered a second exploit within days, adding to concerns about the security of abandoned smart contract infrastructure.Aztec’s private rollup bridge was exploited on Thursday for 1,158 Ether (ETH),…
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Malta Weighs Legal Framework for DAOs and DeFi Projects
Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to…
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BlackRock Says Bitcoin is Onboarding Investors Into TradFi
BlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, US head of equity ETFs at BlackRock. Around three-quarters of investors in BlackRock’s iShares…
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Arthur Hayes Adds $2.5M in ETH After HYPE and ZEC Criticism
TLDR
Arthur Hayes-linked wallet purchased 1,400 ETH worth approximately $2.5 million.
The ETH purchase followed criticism over Hayes’ recent sales of HYPE, ZEC, NEAR, and WLD.
ZEC fell more than 50% after Hayes’ sale became…
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