High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth. Todd Snyder, the administrator winding down Do Kwon’s Terraform Labs, has sued Jane Street, seeking damages from its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang,…
Bitcoin BTC$63,200.94 dipped below $63,000 during Asian trading hours, extending overnight weakness amid President Donald Trump’s tariffs and AI jitters that have soured investor sentiment. The leading cryptocurrency by market value is already down nearly 7% for the week, trading at levels last seen on Feb. 6 when prices nearly dropped to $60,000, CoinDesk data…
IoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours. With this move, IoTeX is offering the $440,000 if the malicious actor…
The seemingly daily disruption of business models by advances in artificial intelligence continued Monday, sending stock market averages and crypto prices sharply lower. Today’s victim (in addition to the usual ones) was IBM, after Anthropic said Claude code can automate COBOL modernization. “COBOL [Common Business-Oriented Language] is everywhere,” said Anthropic. “It handles an estimated 95%…
USD1, the U.S. dollar stablecoin of World Liberty Financial — a crypto protocol with close links to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol. The token fell to as low as $0.994 during the day, some 0.6%…
Pre-market trading is showing signs of stabilization, with bitcoin rebounding above $66,000 after briefly falling to $64,400 on Sunday. The move higher comes amid continued uncertainty surrounding President Trump’s proposed tariffs and U.S. tensions with Iran, factors that have weighed on broader risk sentiment. Strategy (MSTR), the largest publicly traded holder of bitcoin, is down…
AI trading bots are touted as smarter than humans in many ways, but they’re still vulnerable to fat-finger blunders just like us. On Sunday, OpenAI engineer Nick Pash’s automated artificial intelligence trading bot “Lobstar Wilde” tried tipping an X handle, called “treasure David,” 4 solana (SOL) for his uncle’s tetanus treatment, but accidentally sent its…
Investors just pulled nearly $3.8 billion from U.S.-listed spot bitcoin BTC$64,740.15 exchange-traded funds over five straight weeks, the longest outflow streak since February 2025. Last week alone saw $316 million vanish, according to SoSoValue. Leading the outflows trend is BlackRock’s IBIT. The fund has lost $2.13 billion over five straight weeks of outflows. This shows…
On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase. Source link
SportFi has spent most of its life in a familiar lane: tokens that reward fandom with voting rights, perks and a thin layer of speculative trading. The next version being mapped out by some of the sector’s biggest builders suggests a more ambitious destination — one where sports become a live data feed for smart…
