BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues. BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The plaintiffs accuse the exchange of…
LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing
LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to $5 billion. Summary LMAX has tapped Morgan Stanley and KBW to review strategic options worth…
Dem Senator Slams GOP’s CLARITY Ethics Proposal as ‘Not a Serious Effort’: Report
Sen. Ruben Gallego is working with Senator Thom Tillis and other Republicans to come up with a counteroffer after bipartisan negotiations collapsed. Senate Democrats are mounting a fresh push to rewrite the CLARITY Act’s ethics provisions after dismissing the…
National police union reverses course to back the CLARITY Act
A US police union representing more than 382,000 members has reversed its position and endorsed the latest CLARITY Act after lawmakers added language addressing its concerns about cryptocurrency investigations. Summary The National Fraternal Order of Police has reversed course and…
Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools
Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
BitMEX Hit With 623 BTC Lawsuit After Announcing Shutdown
BitMEX is accused of allowing internal traders access to customer data while users were locked out during server issues. BKX Services Inc. and David Namdar have filed a class action lawsuit against BitMEX. The plaintiffs accuse the exchange of…
LMAX taps Morgan Stanley to weigh $5B sale or Nasdaq listing
LMAX Group has enlisted Morgan Stanley and KBW to assess a sale or public listing that could value the institutional trading company at up to $5 billion. Summary LMAX has tapped Morgan Stanley and KBW to review strategic options worth…
Bitcoin Traders Trigger $87M in Liquidations After BTC Slides Below $64,000
Key Takeaways Bitcoin slipped below $64,000 on Friday after reaching nearly $67,000 mid-week, leaving it down 1% on the day. The drop triggered $312M in total crypto liquidations, reducing Bitcoin’s market capitalization to $1.285 trillion. Progress on the CLARITY Act…
Dem Senator Slams GOP’s CLARITY Ethics Proposal as ‘Not a Serious Effort’: Report
Sen. Ruben Gallego is working with Senator Thom Tillis and other Republicans to come up with a counteroffer after bipartisan negotiations collapsed. Senate Democrats are mounting a fresh push to rewrite the CLARITY Act’s ethics provisions after dismissing the…
National police union reverses course to back the CLARITY Act
A US police union representing more than 382,000 members has reversed its position and endorsed the latest CLARITY Act after lawmakers added language addressing its concerns about cryptocurrency investigations. Summary The National Fraternal Order of Police has reversed course and…
Flyfi Turns Crypto Into Hotel Keys for Token2049, Devcon 8 and Conference Season
The launch is led by packages for Token2049 Singapore and the After2049 side-event week surrounding it, alongside Devcon 8, the Ethereum developer conference. Further packages covering Consensus, ETHDenver, NFT.NYC and Paris Blockchain Week will follow through 2027. Each package curates…
Can Bulls Repair the Damage?
“The next big move could shock everyone,” one analyst predicted. The biggest meme coin by market capitalization is down 12% over the past month, while its most recent plunge below a critical level suggests sellers may now be in…
Can bulls defend $500 support as Zcash faces Ironwood upgrade?
Zcash price has fallen toward the $500 psychological support as a 4-hour breakdown, leveraged liquidations, and caution before the Ironwood upgrade have weakened market sentiment. Summary Zcash price has fallen toward $500 after losing $520 and triggering more than $2…
Bitcoin Miner Poolin Technology Files Chapter 11 With $173M Debt as $52M Asset Sale Moves Forward
Key Takeaways On July 22, 2026, Singapore-based Poolin Technology filed for Chapter 11 bankruptcy in New Jersey court. The filing reflects broader crypto industry strains, leaving 11,700 wallet holders with $163.7M in frozen IOUs. Poolin plans to liquidate its West…
Ethereum price rejects $2,000 as tech rout tests $1,850 support
Ethereum price has retreated to $1,880 after failing to clear $2,000, as profit-taking, rising derivatives leverage and a sharp U.S. technology-stock sell-off weakened market sentiment. Summary Ethereum price fell toward $1,880 after failing to break the key $2,000 resistance. Spot…