News

Crypto Products See $360M Outflow Amid Powell’s Rate Cut Caution

Cryptocurrency investment products experienced $360 million in outflows last week following cautious remarks from Federal Reserve Chair Jerome Powell.The U.S. market led the selling...

Apriori Airdrop Faces Sybil Attack by 5,800 Wallets Pre-Launch

A high concentration of Apriori’s airdropped tokens was claimed by a cluster of 5,800 wallets showing suspicious behavior.The wallets were prepared days before Apriori...

OpenAI, Amazon Ink $38B Deal to Scale AI with Tens of Millions of CPUs

Amazon Web Services and OpenAI have entered a multi-year strategic partnership to support the rapid scaling of Artificial Intelligence workloads. OpenAI will immediately begin using...

Balancer DeFi Hack Hits $129M Across Multiple Blockchains

Balancer suffered a smart contract exploit affecting its v2 liquidity pools across multiple blockchains.The ongoing hack has resulted in losses totaling approximately $129 million.The...

BitMine Buys 82K ETH, Holdings Reach 3.4M Tokens Worth $13.7B

BitMine Immersion Technologies purchased 82,353 ether (ETH) last week, increasing its holdings to 3.4 million ETH.The newly acquired ether was worth approximately $306 million...

XRP Plummets Nearly 20% as Bearish Trend Deepens

Ripple’s native token XRP has dropped nearly 20% in the past month.The price decline suggests the recent bull market phase for XRP may have...

Nvidia Stock Eyes $5 Trillion Market Cap Amid AI Export Limits

NVIDIA shares advanced in early premarket trading, aiming to recover after recent declines. Company’s market value recently exceeded $5 trillion for the first time, but...

Institutional BTC Demand Drops Below Mining Supply, ETFs See Outflows

Institutional demand for Bitcoin (BTC) dropped below the daily mined supply for the first time in seven months.Spot Bitcoin ETFs experienced net outflows totaling...

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UN Report: Southeast Asian Crime Syndicates Now a $114B Crypto Economy

The UN Office on Drugs and Crime reports Southeast Asia's fragmented crime syndicates have fused into a single, tech-driven...

BitMEX Shuts Down as Perp DEXs Rise to 13.5% Market Share

Bitmex, the exchange that introduced perpetual swaps and 100x leverage, will shut down on September 23 after a strategic...

HYPE plunges 8% as Multicoin leads $150M unstaking queue

Funds have queued approximately $150 million of HYPE for unstaking, with $116 million originating from Multicoin CapitalHYPE fell 8%...

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