While bitcoin BTC$63,260.17-holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief Investment Officer Jeff Dorman in his weekly note, pushing back…
Bitmine (BMNR), the largest Ethereum treasury company, ramped up its purchases of ether (ETH) last week, making its largest weekly purchase in 2026 as crypto prices tanked. The firm bought 126,971 ETH over the past week, worth roughly $214 million at current prices, Bitmine said on Monday, compared to 26,497 tokens the previous week and…
MetaMask launched a new self-custodial wallet designed for AI agents, allowing autonomous software to trade across decentralized finance while keeping users in control of their funds, the Consensys-owned wallet provider said Monday. The new MetaMask Agent Wallet gives AI agents access to swaps, perpetual futures, prediction markets and liquidity provisioning across Ethereum-compatible blockchains. The launch…
Decentralized finance (DeFi) is recovering from a string of sophisticated exploits that have triggered an intense debate over whether public blockchain protocols can truly handle systemic risk. The crisis peaked in April 2026, with the $292 million exploit of KelpDAO’s LayerZero-powered bridge triggered a devastating $8.45 billion deposit run on Aave, the world’s largest decentralized…
Memecoin issuance platform Pump.fun’s new bounty product has produced its first controversy. A user posting as Arivu on X said he completed a Pump.fun GO bounty last week that asked someone to tattoo the ticker “$boutywork” on their forehead and provide video proof. The task appeared to reference a token called $Bountywork, but the bounty…
The European Union’s (EU) regulatory framework has redefined the competitive landscape of Web3, unintentionally shifting the advantage away from crypto startups, directly into the hands of legacy financial institutions, according to Charles Guillemet, chief technology officer (CTO) at wallet maker Ledger. While the EU’s Markets in Crypto-Assets (MiCA) regulation was designed to establish a unified,…
Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX, formally sought a presidential pardon from President Donald Trump while serving a 25-year prison sentence for fraud and conspiracy. The clemency application appeared Monday in records maintained by the U.S. Department of Justice’s Office of the Pardon Attorney. The case is listed as…
Citrini Research, the firm that sparked massive fear of an artificial intelligence bubble in February and triggered a brief market meltdown, has listed crypto exchange Hyperliquid and its token as a new “compelling” idea. The research firm said in its report on Monday that “unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate…
Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive buying and stock dilution. Common shareholders bought Saylor’s vision, making the company a leveraged…
Bitcoin’s BTC$63,871.14 slide below $60,000 may have less to do with Michael Saylor’s Strategy (MSTR) and more to do with inflation creeping higher, one analyst argued. In a Monday report, Markus Thielen, founder of 10x Research, wrote to clients that investors have largely misread the drivers behind crypto’s sharp selloff over the past weeks. While…
