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Bitcoin
Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy
Publicly traded ether treasury firm Bitmine Immersion Technologies announced Monday that it has edged closer to its stated goal of obtaining 5% of the circulating ETH supply, adding about $41 million worth of the cryptocurrency to its…
Strive Buys 2,000 Bitcoin as Its Treasury Push Picks up Steam
Strive bought 2,000 bitcoin for roughly $169 million in a single week, lifting its treasury total to 29,462 BTC. The purchase was about six times larger than Strategy’s latest 334 BTC addition, even though Strategy still controls a stack…
Bitcoin ETFs Add $241M as 3-Week Streak Holds Despite 90% Slowdown
U.S. bitcoin ETFs attracted $241.08 million in the week through Oct. 2, extending their winning streak to three weeks even as inflows slowed sharply from the previous period. Blackrock Adds $450M as Bitcoin ETF Demand Splits The flood of…
SEC Approves Listing of Bitcoin ETF Targeting 3x Daily Futures Moves
A bitcoin fund targeting three times its futures benchmark’s daily performance has secured SEC listing approval. The ruling covers a broader commodity lineup and preserves exchange oversight and brokerage obligations as the sponsor…
Drift Hack Victims Get Their Money Back, 1 Cent at a Time
Drift victims can finally cash out six months after an April exploit left nearly $295.4 million in verified losses. Yet the numbers show just how long the road to restitution may be. The recovery pool opened with just $3.11 million, putting…
$6M Vanishes From Crypto Vault Controlled by 7 Mystery Signers
A $6 million crypto vault was drained on Base on Oct. 4, yet the strangest part may be who owned it. Nobody publicly knows. Security firms traced about 1,783 wstETH out of the vault, while onchain records point to an anonymous seven-signer…
‘More Orange Than Ever’: Saylor Stirs Strategy Bitcoin Buy Speculation
Michael Saylor’s latest message has renewed speculation that Strategy could add to its bitcoin holdings. The company’s orange dot chart accompanies the teaser, following two consecutive weekly acquisitions disclosed in…
Up and Onwards – Week In Review
Bitcoin consolidated after the prior week’s run to $87,300, its highest since January. As of early Friday morning, it looks to be taking another stab at that $87K price level. The S&P 500 slipped to close out its worst month since…
Andrew Tate Lost $727K on Leverage But Made $7M Just Holding HYPE
A wallet linked to Andrew Tate sent 20,950 HYPE worth $1.87 million to Binance, cashing in part of a $550,000 buy from November 2024 that has grown nearly 20-fold. The Sequence Onchain tracker Lookonchain says the account in question…
China Built a Car Factory So Full of Robots It Became a Tourist Attraction
Xiaomi’s EV factory in Beijing’s Yizhuang district is drawing about 27,000 lottery applications a month for roughly 1,100 tour spots, turning a production line staffed by around 700 robots and robotic arms and about 100 human overseers into…