IBIT, BlackRock’s Bitcoin ETF, is now the company’s best product in this asset category by fee revenue. It generates $186 million in fees per year, surpassing IVV, an ETF based on the S&P 500, by $3 million. Still, IBIT and IVV are similar in another way, as the BTC ETF is almost as volatile as […]
Ripple Drops Appeal With SEC, Ending XRP...
Ripple has officially withdrawn its cross-appeal with the SEC in the XRP lawsuit, marking a decisive end to one of crypto’s longest-running legal disputes. CEO Brad Garlinghouse announced the move on June 27, stating the company will not challenge the court’s 2023 finding that XRP sales to institutional investors constituted securities transactions. Is the XRP […]
Pepe Creator’s NFT Project Accidentally
Several NFT collections supported by Pepe creator Matt Furie suffered a massive hack after accidentally hiring a North Korean for an IT role. The same group attacked another firm, Favrr, amounting to $1 million in total losses. Furie partnered with Chainsaw, an NFT firm that apparently hired its hacker for an IT role. Favrr employed […]
How A Hyperliquid Trader Turned $6,800 I...
A trader on Hyperliquid has quietly turned a $6,800 account into more than $1.5 million in profits—all without making directional bets or chasing volatile price moves. According to wallet data from address 0x6f90…336a, the trader began with just two deposits in early February 2024. Another Hyperliquid User Makes Legendary Trades Decentralized perpetuals exchange Hyperliquid has […]
Crypto’s Most Wanted: How 3 Masterminds
The cryptocurrency industry has attracted ambitious, bold risk-takers, all lured by the promise of wealth. However, the thin line between ambition and greed has led some down a darker path. The industry has witnessed numerous fraudsters orchestrating elaborate crypto scams, defrauding investors of billions through Ponzi schemes, failed exchanges, and fraudulent coin offerings. From fugitive […]
Hasbulla’s BULLA Meme Coin Surges 40% To
BULLA surged nearly 50% since Thursday, but many prominent community members think Hasbulla is running another rug pull scam. Despite concerning trends, BULLA has become one of the top gainers in the BNB ecosystem this week. Most blockchain analysts wrote off this meme coin as a scam due to the influencer’s shady history. However, a […]