SpaceX IPO hype meets bitcoin treasury liquidity risk SpaceX’s reported $75 billion IPO plans have sharpened debate around a separate crypto-market issue: the liquidity risk that comes from concentrated bitcoin treasury holdings. Bloomberg reported in June that SpaceX is seeking to raise as…
MiCA cutoff hits 100+ crypto firms as EU deadline nears EU MiCA is set to force more than 100 crypto firms out of the European retail market as a July 1 cutoff tied to the end of local grace periods takes effect, a…
CLARITY Act gets push from 160 former US officials A group of 160 former national security and law enforcement officials has urged Senate leaders to advance the CLARITY Act as the crypto market structure bill waits for floor action, adding fresh pressure to…
Liftoff Mobile raises $437M in revived US IPO Liftoff Mobile raised $437 million in a revived U.S. initial public offering on Wednesday, pricing above its marketed range and returning to the public market after pulling an earlier attempt, according to Bloomberg and other…
Bitcoin ETFs record $4.4B outflow in 13-day streak U.S. Bitcoin ETFs have logged a record 13 consecutive trading days of outflows, with withdrawals reaching about $4.4 billion by June 3, according to market flow data cited by multiple outlets.[1][3][4] The streak matters now…
OpenAI AI Solves 80-Year Erdős Math Problem OpenAI said an internal AI model has solved an 80-year-old Erdős problem in discrete geometry, a result that mathematicians have since verified and that marks a rare autonomous proof by machine.[1][5] The development matters now because…
XRP Drops 7% to Four-Month Low as Sellers Overwhelm Support XRP fell about 7% and touched a four-month low near $1.14 after breaking below support around $1.25, with the move leaving the token back at levels last seen in February[1][2]. The drop matters…
Kelp DAO Hacker Launders Most of $220M as Recovery Window Shrinks The Kelp DAO hacker has nearly finished laundering roughly $220 million in stolen funds, leaving only about $1.7 million in the original wallet and narrowing the recovery window to the roughly $71…
Whale’s $30M IBIT Exit Came Before Bitcoin’s Drop An institutional seller paid nearly $30 million to exit BlackRock’s iShares Bitcoin Trust in a single block trade before the broader Bitcoin market weakened, a move that highlighted a split between large-holder positioning and retail…