Hyperliquid at the Helm: Lion Group’s $600M Bold Leap into Decentralized Finance
TL;DR DeFi Transformation: Lion Group is shifting from traditional derivatives to a DeFi model with a robust $600M investment, aiming to build a sophisticated crypto...
Tag : Cryptocurrencies
Hypersphere Partner Loses Crypto Savings in Zoom Scam
TL;DR Earlier this week, Mehdi Farooq, a partner at crypto venture firm Hypersphere and former Animoca Brands executive, shared a personal account of a devastating...
SOL Strategies Eyes Nasdaq Debut Amid Solana Bet
TL;DR SOL Strategies, a Canadian blockchain investment firm focused on the Solana ecosystem, has filed with the U.S. SEC to list on the Nasdaq under...
Polygon Shuts Down zkEVM and Jordi Baylina Launches ZisK, a New Zero-Knowledge Technology Startup
TL;DR Polygon decided to discontinue its zkEVM chain and shift resources to PoS and AggLayer, its multichain interoperability solution. Jordi Baylina separated the zkEVM team...
Prenetics Bets $20 Million on Bitcoin and Aims to Lead the Convergence Between Healthcare and Blockchain
TL;DR Prenetics acquired 187.42 BTC for $20 million after selling ACT Genomics, boosting its total liquidity to $117 million in cash, BTC, and liquid assets....
North Korean Crypto Laundering Reaches New Heights
TL;DR The Lazarus Group, widely considered a state-sponsored cybercrime outfit operating under North Korea’s intelligence apparatus, has intensified its use of lesser-known methods to clean...
Senate Approves GENIUS Act for Stablecoin Regulation
TL;DR The Senate has passed the GENIUS Act, creating the first formal regulatory framework for stablecoins in the U.S., allowing banks and tech companies to...
Trader Loses Millions Amid Bitcoin Drop
TL;DR A trader on HyperLiquid turned an unrealized $10 million profit into a $2.5 million loss after a Bitcoin drop. AguilaTrades opened a long Bitcoin...
Ethereum Surpasses 4 Million ETH in ETFs and Signals a Potential Market Rebound
TL;DR Ethereum ETFs now hold over 4 million ETH, with BlackRock leading purchases and Grayscale returning to the market after years of selling. Since late...
Binance Boosts SPK With New Perpetual Contracts
TL;DR Binance launches the Spark (SPK) token on June 17, 2025, along with perpetual contracts offering up to 75x leverage. Users holding BNB in Simple...