Category: Crypto News
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Bitmine ETH Accumulation Slows After Reaching 4.49% Supply
TLDR Bitmine Immersion reduced its weekly Ethereum purchases after nearing its long term supply target. The company added 26,497 ETH last week, bringing total holdings to about 5.42 million tokens. Bitmine now controls roughly 4.49 percent of Ethereum’s circulating supply based on company data. Weekly buying dropped more than 75 percent compared to the previous…
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Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin funds so far in 2026, surpassing both the previous week’s record and the peak level…
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Radiant to Wind Down After Failing to Recover From 2024 Hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024. Radiant’s decentralized autonomous organization said in a blog post on Monday that its inability to recover the stolen funds, secure new capital and maintain…
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Bitcoin ETFs Post $1.42B Weekly Outflows To Close Bloodbath May
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Bitcoin Spot ETFs reported net outflows of $1.42 billion in the final week of May, extending the persistent negative trend observed throughout most of the month. The bearish performance by these investment funds aligns with Bitcoin’s price struggles, when the premier…
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Hyperliquid’s HYPE Breakout Puts $100 Price Target in Play
Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100. HYPE/USD daily chart. Source: TradingView Key takeaways: HYPE has broken out of a bull pennant pattern, putting its measured upside target near $105. Hyperliquid…
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Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million
The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts. The Kelp DAO hacker-tagged wallet appears to have laundered nearly all the stolen funds, with just $1.7 million remaining traceable in the…
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Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself
A white-hat researcher’s recovery of 1,003.62 ETH from a failed 2016 Ethereum ICO has turned an old smart contract flaw into a reminder that Ethereum’s earliest technical decisions can remain live for nearly a decade. The researcher, known as 0xFlorent, said he unlocked the ETH from the HongCoin contract after the funds had been trapped…
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Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase
Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token. CEO Sam Tabar said the purchase reduced Bit Digital’s average ETH acquisition cost and was part…
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Strategy’s Michael Saylor X Tease Tees Up BTC Buy
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes just days ahead of a proxy vote that depends in large part on retailer shareholders to enable semi-monthly dividend payouts on the company’s STRC perpetual preferred stock.…
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Circle Blacklists Zama Protocol Address, Freezing $12.6M In User Funds
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoin issuer Circle has reportedly blacklisted a smart contract linked to privacy protocol Zama, freezing approximately $12.6 million in user funds. The development, first flagged by on-chain investigator ZachXBT, involves the protocol’s Confidential USDC (cUSDC) contract deployed on Ethereum seven hours before ban.…
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