Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Evercrest Technologies, the company behind KelpDAO, filed a notice of civil claim in the Supreme Court of British Columbia on Thursday against LayerZero Labs Ltd., LayerZero Labs Canada Inc., and co-founder Bryan Pellegrino.The filing alleges negligent misrepresentation, negligence, and defamation t
Bitcoin's options market is telling a quieter story than its price action suggests. Saxo Bank's September 23 analysis of IBIT, BlackRock's spot Bitcoin ETF, found 30-day at-the-money implied volatility sitting at roughly 37.4%, with an IV rank of just 11.9. That places current volatility expectation
Bitcoin edges lower as the ongoing Middle East conflict and expectations for further interest-rate rises by the Federal Reserve dampen risk sentiment. Bitcoin is under pressure from the macro environment rather than a collapse in institutional demand, Zaye Capital Markets analyst Naeem Aslam says in
Hunter Biden’s Laptop (LAPTOP) posted double-digit gains on Thursday, offering some relief to an otherwise struggling cryptocurrency.LAPTOP Leaves Big Boys BehindLAPTOP jumped nearly 13% over the last 24 hours, comprehensively beating cryptocurrency heavyweights including Bitcoin , Ethereum and Dog
Samourai Wallet co-founder Keonne Rodriguez faces another prison transfer after the drug treatment program at FCI McKean was deactivated, he said Wednesday.Rodriguez said on X that McKean’s warden told program participants that Rodriguez and 70 others would be moved to facilities where treatment rem
By Joe StonorThe selloff in global government bonds took a breather and U.S. stock futures nudged higher in early European trading, as market sentiment steadied at the end of a turbulent week.Concern around high energy prices and increasing conviction the Federal Reserve will deliver multiple rate h
KelpDAO has filed a lawsuit against cross-chain protocol LayerZero following the roughly $292 million exploit of its rsETH bridge earlier this year, alleging that failures in LayerZero’s security infrastructure contributed to the attack.KelpDAO said Friday that LayerZero failed to disclose risks in
Update (Sept. 25 at 4:30 am UTC): This article has been updated to add new comments from Bitget CEO Gracy Chen and preliminary analysis from onchain researcher Specter.Bitget CEO Gracy Chen said North Korean hackers may be behind the exchange’s $351.6 million security breach on Thursday, citing prel
Bitget, one of the largest crypto exchanges, has just suffered a $351.6 million hot wallet drain following a major hack. The incident was initially flagged by Arkham Intelligence, which noted massive AVAX, BNB, ETH, and stablecoin withdrawals from said wallet, with subsequent swapping to ETH.Source:
Bitget said it has identified part of the attack route behind a recent large-scale fund outflow incident. The company said it has ruled out the possibility of a private-key leak and blocked the risk of any additional asset losses.Bitget Chief Executive Officer Gracy Chen wrote on X on Sept. 25 that
Polymarket sued the state of New York on Thursday in response to Attorney General Letitia James’ earlier lawsuit accusing it of promoting “illegal gambling.”New York Drags Polymarket to CourtThe state alleged in its lawsuit that Polymarket’s prediction markets constitute gambling, as the outcomes on
The average 30-year fixed US mortgage rate jumped 19 basis points to 7.45% on Thursday. Mortgage News Daily recorded the move in its daily survey of brokers and lenders.The jump tracks a broader selloff in US government bonds. For crypto markets, the Treasury yield at the center of that selloff carr