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Bitcoin Depot reports $3.6M theft after corporate system hack

Gapster Innes3 months ago8 min read

Bitcoin Depot $3.6M Hack: Corporate Wallets Hit Bitcoin Depot confirmed hackers stole $3.6 million in Bitcoin from its corporate system wallets, with no impact on customer accounts or ATMs.[1] The incident, detailed in a recent announcement, prompted the firm to engage cybersecurity experts…

Polymarket bags 97% of prediction fees after pricing model overhaul

Cyrus Dailey3 months ago9 min read

Polymarket Captures 97% of Prediction Fees Post-Overhaul Polymarket generated $7.1 million in fees during the first week of Q2, capturing 96.8-97% of all onchain prediction market revenue after its March 30 pricing overhaul.[1][2][4] Daily fees surged from around $363,000 to over $1 million,…

Why 99% of Polymarket users lack long-term profits despite high volume?

Blair Connolly3 months ago7 min read

Polymarket Traders: 84% Lose Despite High Volume Polymarket’s prediction markets have exploded, hitting $9.8 billion in nominal trading volume over the past 30 days with 462,600 monthly active traders[2][3]. Yet a fresh analysis of 2.5 million wallet addresses shows 84.1% of users are…

FBI crypto fraud data shows $11B loss despite increased enforcement

Althea Burnett3 months ago8 min read

FBI Crypto Fraud Losses Hit $11.4B in 2025 Despite Enforcement Gains FBI data confirms Americans reported $11.366 billion in FBI crypto fraud data losses for 2025, the highest among all cybercrime categories, even as enforcement efforts like Operation Level Up prevented over $500…

FBI reports $11.4B lost to crypto scams as 2025 fraud hits record high

Wyatt Newson3 months ago8 min read

FBI Reports $11.4B Crypto Scam Losses in 2025 FBI data confirms Americans lost $11.4 billion to crypto scams in 2025, a 22% surge from 2024 that marks the category’s highest recorded level.[1][2] The Internet Crime Complaint Center (IC3) report, released Tuesday, tallies 181,565…

Aave whales shed 1M tokens as exchange reserves flip bearish after exit

Leo Nomist3 months ago8 min read

AAVE Whales Shed Nearly 1M Tokens as Reserves Flip Bearish Whales offloaded nearly 1 million AAVE tokens amid a liquidity shock that saw exchange reserves climb, signaling fresh bearish pressure on the DeFi lending leader.[1][6] This comes after Blockchain Capital fully exited its…

Aave token falls near 2-year low as risk management firm exits protocol

Ethan Glober3 months ago8 min read

Aave Token Drops 10% as Chaos Labs Exits Risk Role Aave’s governance token tumbled 10% in a single day following Chaos Labs’ abrupt termination of its three-year stint as the protocol’s primary risk manager, timed amid a contentious V4 migration.[1][2] This marks the…

Aave slides below $90 after key risk management contributors depart

Cabel Dioli3 months ago8 min read

Aave Falls Below $90 as Chaos Labs Exits Risk Role Aave’s governance token plunged below $90 for the first time since 2024, triggered by Chaos Labs terminating its core risk management role amid V4 upgrade tensions.[2][3] This marks the third major contributor departure…

Morph launches $150M accelerator as stablecoins reshape global payments

Bernard Nicolai3 months ago7 min read

Morph Launches $150M Accelerator Amid Stablecoin Surge Morph, an Ethereum Layer 2 settlement layer, has launched a $150 million Payment Accelerator to drive on-chain stablecoin payments as transaction volumes hit record highs.[7][5] The program targets payment firms and institutions, tying incentives to verified…

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