Everything web3, crypto, defi, degen
In brief Brothers Anton and James Peraire-Bueno filed motions Friday to exclude Google search evidence, claiming prosecutors want to use searches for legal terms to prove criminal intent in their alleged 12-second Ethereum blockchain exploit. The defense says the searches occurred during attorney consultations after being threatened by “anonymous sandwich attackers” and would force them…
In brief Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its weekend losses ahead of key macroeconomic events this week…
In brief Pantera may launch “Solana Co.” to hold Solana tokens as a corporate treasury asset. The effort would begin with a $500 million raise, followed by $750 million in warrants. A single entity could end up holding more Solana than all current public treasuries combined. Pantera Capital is reportedly seeking to raise up to…
Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin continued to fall Monday, triggering a wave of liquidations that topped $900 million over the past 24 hours.Bitcoin dropped below $110,000 for the first time since early July, spearheading a market-wide swoon after a whale unloaded 24,000 BTC worth $2.7 billion on Sunday. The continued dive also…
In brief Canary Capital has applied for a “Made in America” crypto ETF. The fund, if approved, would give investors exposure to digital coins created in the U.S. or primarily backed by U.S. operations. Canary Capital has applied for a number of altcoin ETFs, including Litecoin and Tron. Crypto fund manager Canary Capital has applied…
In brief A new DeepSeek AI model has been released, challenging OpenAI’s latest open-source rollout. OpenAI’s gpt-oss-20b falters in reasoning and writing tests, while DeepSeek v3.1 produces gripping stories, working code, and smart refusals At first glance, DeepSeek’s hybrid architecture outperforms OpenAI’s open-source push, though OpenAI’s model wins on customization. OpenAI made its triumphant return…
In brief A Bitcoin whale sale over the weekend stopped the Bitcoin rally in its tracks. Technical indicators suggest caution ahead for BTC traders. There are signs, though, that markets are taking a more optimistic view of Ethereum. The crypto market has started the week off in a sea of red after a massive Bitcoin…
In brief Grayscale submitted a registration statement for its Avalanche Trust. VanEck is also seeking approval for an Avalanche ETF in the U.S. Analysts are eyeing a round of crypto ETF approvals in October. Crypto asset manager Grayscale submitted a registration statement for its Avalanche Trust to the U.S. Securities and Exchange Commission on Friday,…
In brief Nasdaq-listed Sharps Technology is raising $400 million to buy Solana. The medical device company is the latest to adopt a Solana treasury strategy. A number of publicly traded firms are putting cryptocurrency on their balance sheets. Nasdaq-listed medical device company Sharps Technology’s stock boomed on Monday after the firm said it would pivot…
In brief Wallets linked to Libra meme coin promoter Hayden Davis have made $12 million in profits on Kanye West’s meme coin, YZY. The on-chain connections to Davis were discovered by Bubblemaps, a blockchain visualization startup. Libra was promoted by Argentine President Javier Milei in February before it crashed. Libra meme coin promoter Hayden Davis…
