Category: crypto

Michael Saylor hinted at another Bitcoin purchase by Strategy through a cryptic post on X. Strategy’s acquisition chart is closely monitored by traders. Despite a recent small sale, Strategy’s buying activity remains important for Bitcoin sentiment. Saylor emphasized unity in the Bitcoin community and urged focus on adoption over division.

Pump.fun’s new GO bounty feature has faced criticism for rewarding users who complete tasks like getting tattoos or performing risky stunts. The platform has paid out over $370,000, with some bounties still open. Critics are concerned about the pressure on vulnerable users and the potential for unsafe or humiliating behavior.

Two Texas brothers pleaded guilty in a federal case related to an armed robbery of a Minnesota family and the theft of over $8 million in cryptocurrency. The victims were held at gunpoint for nine hours while the crypto was transferred. The brothers face up to 20 years in federal prison. Sentencing dates have not…

Pudgy Penguins has expanded its physical retail presence by introducing Vibes Series 3 trading cards at Target stores in the U.S. The cards feature Moonbirds characters and new gameplay, aiming to appeal to a broader audience. This move follows previous releases and marks a significant step into mainstream retail for the brand.

Three wallets earned $24.25 million in profits from World Cup betting on Polymarket, raising concerns about large traders in crypto prediction markets. Lookonchain linked the wallets to one Binance deposit address, suspecting insider trading. The wallets won significant amounts from World Cup bets, leading to scrutiny of prediction markets and their regulation.

SEC Commissioner Hester Peirce, known as “Crypto Mom,” will leave the agency in November to become an associate professor at Regent University School of Law. Her exit comes as the SEC considers crypto rules and tokenization. Peirce has led the SEC’s Crypto Task Force and her departure leaves the commission with two active members.

Blockstream CEO Adam Back reassured that Strategy’s small Bitcoin sale was part of normal treasury management, not a negative signal. The sale of 32 BTC for $2.5 million was to fund preferred stock dividends. Back emphasized that the company can meet obligations while keeping Bitcoin central to its balance sheet strategy.

Blockaid reported that Ethereum’s MEV bot JaredFromSubway was drained by an attacker who used contracts to trick the automated trading system into granting token approvals. The attacker then used these approvals to drain funds, resulting in a loss of around $7.5 million. JaredFromSubway offered a $1 million bounty for the return of the funds.

The National Business Corporate Pension Fund in Japan plans to invest in crypto assets starting in fiscal 2026, allocating about 1% of total assets through passive multi-asset funds managed by a major hedge fund. The move is seen as a way to diversify currency risk rather than a short-term return strategy. This decision comes as…

Following the release of XRP Ledger’s xrpld version 3.2.0, multiple software bugs have been reported, including synchronization failures and configuration parsing issues. Despite ongoing investigations, only 26% of network nodes have upgraded to the new software. Developers are working to address various technical flaws affecting node operations and transaction propagation.