Crypto Breaking News

NYDIG: $1.3B IBIT Sale Signals Whale Exiting Directional Trade Last week Reuters? No. This article is rewritten. A $1.26 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) was executed via a dark pool by an unidentified seller, according to analysis from NYDIG’s head of research, Greg Cipolaro. The move, involving 29.2 million IBIT shares, is interpreted by Cipolaro as evidence of a large directional holder exiting a concentrated bet rather than a routine unwind of a basis trade. The seller reportedly accepted the sale at about $1.01 below the prevailing market price of $44.17, effectively paying roughly $29.5 million in exchange for immediate execution.

Wintermute Adds Liquidity to Rapidly Expanding Prediction Markets Wintermute, a leading crypto liquidity provider, is expanding its institutional trading operations into prediction markets, the firm announced on Friday. The move aims to supply continuous two-sided liquidity across event contracts on prominent venues, signaling a deeper push to embed prediction markets within mainstream crypto trading infrastructure. Wintermute, which handles an estimated $3.5 trillion in annual trading volume across crypto markets, said it would extend its reach into prediction markets without naming specific platforms. The firm described its plan as posting two-sided liquidity across event contracts, offering ongoing bid and offer prices to traders seeking real-time price discovery. “Prediction markets have

How AI Is Changing Music: Virtual Artist Lunayah Releases "New Beginning" Virtual artist Lunayah releases "New Beginning", an AI-assisted pop-dance track exploring personal transformation, reinvention and the future of music creation.

Whitehat recovers $2M from 2016 ICO contract flaw highlighting risk A decade-old Ethereum ICO with a failed launch has found new life as a case study in retroactive bug hunting and asset recovery. A pseudonymous white-hat hacker going by the name 0xflorent has recovered about 1,003 ETH from the Hong Coin (HONG) ICO, roughly $2 million at current prices, after identifying a flaw in the refund mechanism that left investors’ funds stranded for years. The disclosure surfaced on Sunday via a post on X, where 0xflorent explained how the funds were unlocked and subsequently recovered from 48 investors who had participated in the project’s fundraising push. The HONG project, pitched in

White Hat Enables Recovery of $2M From 2016 ICO Project A pseudonymous white hat hacker known as 0xflorent has recovered about 1,003 ETH, roughly $2 million at the time of recovery, that had been locked in a faulty initial coin offering contract for nearly a decade. The funds belonged to investors in the Hong Coin (HONG) ICO, a decentralized venture capital concept that never launched after failing to meet its funding goal. In a post to X on Sunday, the white hat described how they assisted in unlocking funds from the HONG contract, which held ETH for 48 investors. Hong Coin, launched as a community-driven venture fund, never reached its target

US and UK central bankers diverge on stablecoin regulation Federal Reserve Governor Christopher Waller signaled that the rising use of dollar-backed stablecoins could extend the United States’ monetary influence, potentially importing US monetary conditions into other economies as these tokens gain traction globally. Speaking at the 32nd Dubrovnik Economics Conference, Waller framed stablecoins as a payment instrument rather than a threat, suggesting they intensify competition in the payments space rather than undermine it. In the same Dubrovnik event, Megan Greene, a Bank of England policymaker and fellow panelist on “Stablecoins and monetary policy,” offered a more apprehensive take. Greene argued that stablecoins could fade from view within a few years,

MicroStrategy's Saylor hints at BTC buy after working better tweet Strategy’s leadership, led by Strategy chairman Michael Saylor, signaled on Sunday that the bitcoin treasury company plans to announce fresh BTC purchases in the coming days as it presses toward a pivotal proxy vote tied to its STRC perpetual preferred stock. The vote centers on a proposed dividend schedule change and could shape Strategy’s ongoing BTC accumulation narrative amid a volatile macro backdrop. Bitcoin traded around the mid-70s in May, with a 3.65% decline for the month, anchoring the context for Strategy’s ongoing buy program. In parallel, Saylor posted a bubble-chart update showing Strategy’s bitcoin purchases over nearly six years, a

Kraken to Offer Regulated Perpetual Futures as Rivals Move Fast Kraken signaled a rapid move to bring Bitcoin perpetual futures trading onshore in the United States, saying on Friday it expects to launch CFTC-regulated perpetual contracts within about 30 days after the regulator approved the instruments. The exchange tied the plan to Bitnomial Exchange, a CFTC-regulated venue that Kraken’s parent company, Payward, recently acquired, with the goal of offering Kraken Pro clients access to Bitnomial’s perpetual futures product. Payward announced in mid-April that it was acquiring crypto derivatives platform Bitnomial for as much as $550 million, a deal aimed at expanding Kraken Pro’s access to regulated futures and derivatives trading. While

The VanEck ETF Launch Puts Pressure on the Market as BNB Falls Despite Positive Signals VanEck launched the first U.S. spot BNB ETF (VBNB), but BNB fell over 2% as weak technicals, declining futures open interest and macro risks outweighed the ETF listing.

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