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A crypto trader has quietly earned over $17 million by consistently betting against one of Hyperliquid’s most-watched figures, James Wynn, whose high-risk strategy backfired with nearly $100 million losses.
On May 30, blockchain analysis platform Lookonchain reported that a trader using the wallet address 0x2258 has been tracking Wynn’s activity and executing reverse trades.
This means the...
Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried.
The show, produced under Barack and Michelle Obama’s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and Anthony Boyle...
A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi.
According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler Finance lending...
Donald Trump said on Truth Social that China has “totally violated” its trade deal, ending what he called a phase of “stabilization” for Beijing. The post, published at 8:09 A.M. ET Friday, warned that the United States is “no longer Mr. Nice Guy”.
Minutes later, equity futures turned lower. At 8:13 A.M. ET, the Dow Jones Industrial Average contract fell 0.6 % to 41,961, the S...
Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with CryptoSlate.
The new solution is called Liquidium Cross-Chain Loans and was announced at the Bitcoin 2025 conference.
Liquidium’s Cross-Chain Loans
According to the company, the product...
The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto staking do not fall under securities laws.
On May 29, the SEC’s Division of Corporation Finance confirmed that those participating in staking activities, including self-staking, delegated staking, custodial, and non-custodial forms, are not required to register these actions with the...
Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate” small talk.
Three-day festivals usually disperse into noise, yet this one distilled a single theme: the conversation has vaulted beyond legitimacy questions. Governments,...
Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy.
According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens.
Santander joins a cohort of major global banks, including...
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto.
According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat.
Despite that pause, the ETF has received $9.31 billion in net inflows...
Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network.
During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds the position.
PSG Labs, described as “the Innovation Hub of Paris Saint-...