Memecoin issuing platform Pump.fun’s new bounty product has produced its first controversy. A user post like Arivu on X said he ran a Pump.fun GO giveaway last week asking someone to tattoo the ticker “$boutywork” on their forehead and provide video proof. The task appeared to reference a token called $Bountywork, but the bounty description […]
Hoyle Schweitzer, a surfer and sailor who turned a garage experiment into a global sport when he and a friend, Jim Drake, developed the Windsurfer, a windsurfing board that made it possible to glide across lakes and rough seas, died May 31 in San Marcos, California. He was 93 years old. The death at a
Hoyle Schweitzer, who brought windsurfing to the masses, dies aged 93 Read More »
Bitcoin BTC$63,712.70 is back above $63,000, but what happened in exchange-traded funds (ETFs) last week is a warning. As the price eased toward $60,000, the 11 U.S. spot ETFs recorded $1.72 billion in net outflows, marking a third straight week of accelerating redemptions. That happened on total weekly volume of just $18.43 billion, according to
After a massive selloff last week, one of the bitcoins BTC$63,478.97 closely watched onchain metrics are approaching a threshold that has historically marked the bottom of the bear market. The metric is called the market value-to-realized value (MVRV) Z-Score. Every major bitcoin cycle bottom has coincided with the Z-Score touching or briefly falling below zero
Why a Hidden Math Metric Shows Bitcoin May Be Too Cheap for Investors to Ignore Read More »
Citrini Research, the firm that sparked massive fears of an AI bubble in February and sparked a brief market meltdown, has listed crypto exchange Hyperliquid and its token as a new “compelling” idea. The research firm said in its report on Monday that “unlike the memetic majority of cryptos (including bitcoin), HYPE generates a legitimate
Decentralized finance (DeFi) is recovering from a series of sophisticated exploits that have sparked an intense debate over whether public blockchain protocols can truly address systemic risks. The crisis peaked in April 2026, when the exploitation of $292 million of KelpDAO’s LayerZero-powered bridge triggered a devastating $8.45 billion deposit on Aave, the world’s largest decentralized
Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is tightening, according to Ilan Solot, senior global market strategist at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive purchases and stock dilution. Common shareholders bought into Saylor’s vision, making the company a leveraged
Bitcoin Falls Below $63,000 As Strategy Adds $100 Million BTC Read More »
The European Union (EU) regulatory framework has redefined the competitive landscape of Web3, inadvertently shifting the advantage away from crypto startups, directly into the hands of legacy financial institutions, according to Charles Guillemet, Chief Technology Officer (CTO) of wallet maker Ledger. While the EU’s Markets in Crypto-Assets (MiCA) regulation is designed to establish a unified,
Ledger CTO says EU’s crushing compliance costs are stifling Web3 innovation Read More »
Sam Bankman-Fried, founder and former CEO of collapsed crypto exchange FTX, formally sought a pardon from President Donald Trump while serving a 25-year prison sentence for fraud and conspiracy. The clemency petition appeared Monday in records kept by the U.S. Justice Department’s Office of the Pardon Counsel. The case is listed as pending, which means
Sam Bankman-Fried is officially asking Donald Trump for a presidential pardon Read More »
Bitmine (BMNR), the largest Ethereum mining company, increased its purchases of Ether (ETH) last week, making its biggest weekly purchase of 2026 as crypto prices surged. The firm bought 126,971 ETH over the past week, worth about $214 million at current prices, Bitmine said Monday, compared with 26,497 tokens the previous week and nearly 120,000
Tom Lee’s Bitmine (BMNR) bought the dip and acquired 126,971 ETH as prices fell Read More »
