GameStop rallies overnight as Roaring Kitty reveals $180M GME position

Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming heā€™s made a big bet on GameStop, sending the stockā€™s price surging in overnight markets.

GameStop rallies overnight as Roaring Kitty reveals $180M GME position

The GameStop (GME) stock price surged over 19% in overnight trading after Keith Gill, known as “Roaring Kitty,” posted to Reddit that he’s holding $181.4 million worth of GME s...

3 months ago

Binance co-founder denies responsibility for $1M trading loss in hacked account

The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

Binance co-founder denies responsibility for $1M trading loss in hacked account

Yi He, co-founder of crypto exchange Binance, has dismissed claims that a platform security breach led to the loss of $1 million in crypto from a single user account. The Binance co-founder ...

3 months ago

Why Ethereum ETF day one inflow wonā€™t be like Bitcoin ā€” Fireblocks MD

Stephen Richardsonā€™s view aligns with Bloombergā€™s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch.

Why Ethereum ETF day one inflow wonā€™t be like Bitcoin ā€” Fireblocks MD

Spot Ether (ETH) exchange-traded funds won’t see the same day-one inflow as spot Bitcoin ETFs did, as the asset’s use cases are far more difficult to value, an in...

3 months ago

Frax Finance X account hacked, CEO suspects ā€˜inside jobā€™ at Elon Muskā€™s office

Frax Financeā€™s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.

Frax Finance X account hacked, CEO suspects ā€˜inside jobā€™ at Elon Muskā€™s office

A hacker allegedly gained control of crypto lending platform Frax Finance’s X social media account without accessing or tampering with existing passwords. But how? Frax Finance&r...

3 months ago

Matter Labs drops ZK trademark applications after industry backlash

It follows a public letter from ZK researchers and top industry experts slamming the firm for ā€œoppressive behavior.ā€

Matter Labs drops ZK trademark applications after industry backlash

Matter Labs, the team behind Ethereum layer-2 scaling solution zkSync, has dropped all attempts to obtain intellectual property rights to trademark the term “ZK” — short for &l...

3 months ago

Linea blockchain halt highlights slow decentralization of Ethereum L2s

Linea said it halted the sequencer as a ā€œlast resortā€ action to prevent additional funds from bridging out but intends to decentralize in the near future.

Linea blockchain halt highlights slow decentralization of Ethereum L2s

Ethereum layer-2 blockchain Linea’s decision to halt block production after being hacked highlights the need for layer-2 firms to prioritize decentralization sooner rather than later, says...

3 months ago

Web3 travel gets real with on-chain hotel booking, NFT ticketing, more

Hereā€™s how Web3-powered travel enables transparent and secure hotel reservations, genuine activity reviews and better flight scheduling.

Web3 travel gets real with on-chain hotel booking, NFT ticketing, more

Blockchain technology has introduced a new, decentralized concept to how travel businesses can operate, and the innovation in Web3-powered travel has only grown ever since. It&rsq...

3 months ago

Why Bitcoin may be boosted by a European Central Bank rate cut

The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.

Why Bitcoin may be boosted by a European Central Bank rate cut

Bitcoin inflows could see an increase this week following a key monetary policy decision in the European Union. The European Central Bank (ECB) is expected to cut interest rates by 0.2...

3 months ago

Robinhood rolls out crypto API for US traders

Robinhood Crypto vice president Johann Kerbrat said that the API allows developers to build custom tools for crypto trading.

Robinhood rolls out crypto API for US traders

Stock trading app Robinhood announced the release of its crypto trading application programming interface (API) for users based in the United States.  On May 30, the investing app...

3 months ago

NFT sales volume tumbles 54% in May: CryptoSlam

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.

NFT sales volume tumbles 54% in May: CryptoSlam

Blockchain-based digital collectibles experienced a slowdown in May despite showing an uptick in April 2024, according to data tracker CryptoSlam. On May 31, the nonfungible token (NFT...

3 months ago

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