BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’ BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce a repayment plan. It said some users were unable to withdraw funds and some employees have not received their final salary or compensation and … Read more
New data from Galaxy Research shows that $115 million in bitcoin has been lost in the Coldcard theft. Writing on X Sunday, Galaxy Research said that it had spoken with over 200 victims to support them and gather intelligence on the attackers. The figures are based on the price of bitcoin at the time of … Read more
Amid scrutiny and accusations of conflicts of interest from many lawmakers, the US Office of the Comptroller of the Currency (OCC) gave conditional approval for World Liberty Financial’s application for a national trust bank. In a Friday notice, the OCC said the conditional approval for World Liberty’s charter application, subject to certain regulatory and policy … Read more
American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August. Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million … Read more
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions. The company disclosed Monday that it acquired 9,926 Ether (ETH) during the week ending Aug. 16, bringing its total holdings … Read more
Bitcoin treasury firm Strategy (MSTR) raised $333.7 million last week through the sale of 3.46 million shares of common stock, according to a Monday filing. The company did not buy or sell any bitcoin during the week ended Aug. 16, leaving its bitcoin reserve unchanged at 840,447 BTC. The holdings were acquired for $63.36 billion … Read more
Binance gave Russian authorities customer records later used to charge a Russian IT specialist with financing terrorism over donations to Ukrainian groups, according to a report by Reuters on Monday. The exchange identified Yuri Belenkiy as the source of transfers worth more than $700, Reuters reported, citing law enforcement documents. Binance also allegedly provided his … Read more
Volume, meanwhile, is dead simple as it measures the number of contracts that changed hands during a given period. Think of it as measuring how many times the front door of that exclusive club opened and closed over a given period, regardless of who stayed. It thus represents the degree of churn or liquidity available … Read more
Today, August 17, 2026, a seismic event has rocked the cryptocurrency world. The United States Senate has just passed a sweeping new bill that grants unprecedented powers to freeze digital assets. This move, officially titled the “Digital Asset Security and Enforcement Act of 2026,” passed by a narrow margin of 51-49. It aims to combat … Read more
Bitcoin crossed $64,000 in Asian morning hours Monday, up half a percent on the day but down almost 3% over the week, as a softer dollar and fading rate-hike bets failed to lift crypto out of its recent range. Hyperliquid’s HYPE was the standout, up over 3% to $59 and almost 9% on the week, … Read more