Insider Trading Claims Rock Terraform Collapse
@JaneStreet faces a lawsuit from Todd Snyder for alleged insider trading that contributed to the collapse of Terraform Labs in 2022, resulting in billions lost. #Breaking #Legal $LUNA
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Bitcoin Buybacks Begin at Procap Financial
@ProCap Financial (BRR) initiates share buyback, purchasing 148,241 shares at $2.30 each, totaling $341K, to reduce discount to net asset value of held $BTC. #Update #Crypto $BRR
Crypto Trust Dilemma: Kraken Co-CEO vs AI
@Kraken co-CEO Arjun Sethi trusts AI to manage 100% of his crypto, while @Dragonfly’s Haseeb Qureshi remains skeptical, suggesting current technology is unproven for significant capital management. #Update #Crypto
NEAR Launches AI-Powered Super App Near.com
@NEAR is launching Near.com, a user-friendly crypto wallet integrating AI and confidential transactions. NEAR token down 3% in 24 hours. #Update #Crypto $NEAR
Bitcoin Investor Breaks Silence on $436M Stake
Mystery surrounds a Hong Kong investor, Laurore, after a $436M stake in @BlackRock’s bitcoin ETF raises questions about capital flight and the identity of director Zhang Hui. #Update #Crypto $BTC
Solana Launches High-Speed Infrastructure for Super Cycle
@Solana Company (HSDT) is launching the “Pacific Backbone” infrastructure to enhance Solana’s blockchain across Asia-Pacific, targeting institutional demand. Shares fell 13.3% to $1.76 amid broader market declines. #Update #Crypto $SOL
Crypto.com Secures Approval for US Custodian Bank
@Crypto.com received conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank for digital asset custody services. #Update #Crypto $CRO
Bitcoin Faces Tariff Challenges as Declines Loom
Bitcoin ($BTC) fell to $64,481 amid tariff uncertainties and whale movements, with increased put options indicating bearish sentiment. Price has since recovered to over $66,000. #Update #Crypto $BTC
Kucoin Halts EU Expansion Amid Compliance Issues
Austria’s FMA prohibits @KuCoin EU from onboarding new customers due to loss of key compliance staff post-MiCA permit, halting new business until positions are filled. #Update #Crypto $BTC
Memecoin Gains $450000 from AI Bot Error
OpenAI engineer Nick Pash’s AI trading bot “Lobstar Wilde” mistakenly sent $450,000 worth of LOBSTAR to a user for a $4 tip, causing the token price to rise 32% #Update #Crypto $SOL
Bitcoin ETFs Suffer $3.8B Historic Outflow
Investors withdrew nearly $3.8 billion from U.S.-listed bitcoin ETFs over five weeks, led by @BlackRock’s IBIT with $2.13 billion lost, amid ongoing market aversion. #Update #Crypto $BTC
Stablecoin ETF Launches with $17 Billion Debut
ProShares’ ETF debuted with $17 billion in trading volume, raising speculation about potential ties to @Circle and its USDC reserves. Analysts see opportunities for stablecoin issuers. #Update #Crypto $USDC
XRP Plummets 4% Amid Largest Loss Spike
XRP has recorded its largest weekly realized loss spike since 2022, totaling $1.93 billion, indicating extreme panic selling; historical trends suggest potential for recovery. #Update #Crypto $XRP
Decentralized AI Levels Playing Field for All
Decentralized AI, valued at $12B, is set to grow as it addresses privacy and innovation gaps left by centralized systems worth $12T; investment in platforms like @Bittensor is encouraged. #Update #Crypto $BTC