Crypto

Across Protocol founders are accused of manipulating DAO governance to funnel $23 million in tokens to their affiliated for-profit company, Risk Labs. The founders of the crosschain bridge Across Protocol have been accused of siphoning $23 million of funds to their own for-profit company. In a Friday X thread, Ogle — the pseudonymous founder of layer-1 project Glue and onchain sleuth — accused some founders of Across Protocol of covertly manipulating decentralized autonomous organization (DAO) votes to fund their for-profit company, Risk Labs. Ogle accused the project of being among the “DAOs that are DAOs in name only.” Hart Lambur, who founded both Risk Labs and Across, denied the claims in a separate post. He said that Risk Labs is a Cayman Islands-based nonprofit with no shareholders. He shared a certificate of incorporation and claimed that the company operates under fiduciary obligations. Read more

A Moscow court sentenced "Bitmama" to seven years in jail over a crypto scheme saw millions moved daily through informal deals.

North Korea-linked attacks have resulted in over $1.6 billion in losses, a TRM Labs report released Friday said.

A crypto trader turned $6,800 into $1.5 million with a one-sided quoting strategy, dominating over 3% of maker volume on a major exchange in just two weeks. A little-known crypto trader has turned $6,800 into $1.5 million in profit while accounting for over 3% of maker-side liquidity on a major crypto exchange.  Market observer Adverse Selectee highlighted a small trading account holding less than $200,000 in equity on Thursday. Over the past two weeks, the account recorded a trading volume of $1.4 billion and has consistently ranked among the top contributors to the exchange’s total maker volume. The performance dashboard shows that the trader appears to quote only one side of the order book at a time — either bids or asks — rather than balancing both.  Read more

Pi2Day is supposed to be the Pi Day (March 14) times two.

Miners are earning less than at any point this year, but they’re still holding onto their coins.

Your day-ahead look for June 27, 2025

Bitcoin Treasury Corporation completed a $92 million raise and bought 292.8 BTC ahead of its trading resumption on the TSX Venture Exchange. Canadian Bitcoin lending company Bitcoin Treasury Corporation (BTCT) will officially resume trading on the Toronto Stock Exchange (TSX) Venture Exchange, TSX’s public venture capital marketplace for emerging companies. The company announced on Thursday that its common shares would be freely traded on the exchange from Monday under the ticker “BTCT,” with over 10 million shares issued and outstanding. The company had already sold more than 10 million BTCT shares.  The trading resumption follows a brokered offering that raised 125 million Canadian dollars ($92 million) in gross proceeds.  Read more

[PRESS RELEASE – Victoria, Seychelles, June 27th, 2025] Leading global crypto exchange BYDFi will participate in Seoul Meta Week 2025: METACON (SMW2025), taking place from June 26–27 at the 3rd floor Auditorium of COEX, Seoul. BYDFi is 2025 Partner of SMW, with Samsung, Google, Intel, Spotify, Kakao, and GitHub also listed in this year’s lineup. […]

[PRESS RELEASE – Dubai, UAE, June 27th, 2025] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched an exclusive limited-time event empowering users to buy crypto with over 25 local fiat currencies — bringing seamless access to digital assets to a broader global audience. With just a few clicks, users can now purchase […]

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum closed the week with a 5% loss, but it managed to stay above the $2,400 support after a volatile period. This puts it back into a range that has been ongoing since early May, despite a brief visit to […]

Mixed on-chain signals and highlight market uncertainty.

XRP price fundamental and technical indicators are giving bulls hope that the current consolidation sets the stage for a move toward $5. Key takeaways: Ripple’s “multiple acquisitions” and XRPL upgrades back the bullish case for XRP. CME XRP futures hit $542.8 million in volume during the first month. Read more

Bitcoin long-term holder supply has increased at a record rate over the past month, data from CryptoQuant reveals. Key points: Bitcoin long-term holder supply has increased by a record 800,000 coins over the past 30 days. Data shows that even a 750,000 BTC increase has only occurred six times in Bitcoin’s history. Read more

Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking. Former Bitcoin mining firm Bit Digital fell sharply this week, with its share price tumbling almost 19% over the five-day period to close at $1.99 on Friday, with a 15% drop in just 24 hours.  The plunge follows major company announcements, including a $150 million public offering and a strategic pivot to Ether staking. On Thursday, the company announced a public offering of 75 million ordinary shares that is intended to raise $150 million.  Bit Digital plans to issue the 75 million ordinary shares at $2 each. The proceeds will be used to purchase Ether (ETH), doubling down on its previous decision to shift to an Ethereum-focused company.  Read more

SUI bounced near $2.58 as Nasdaq-listed Lion Group revealed plans to acquire SUI, SOL and HYPE for its crypto treasury.

If successful, Genius Group’s $1 billion lawsuits could net shareholders $7 per share while boosting the company’s Bitcoin holdings by 5,000 BTC. Artificial intelligence-driven edtech firm Genius Group plans to distribute potential winnings from billion-dollar lawsuits to shareholders and use a portion to expand its Bitcoin treasury, the company said. In a Thursday press release, the board of directors at Genius Group approved the distribution plan for repurposing any wins from two lawsuits that seek combined damages of more than $1 billion. One lawsuit has been filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), which seeks damages of over $750 million against LZGI International. The second is yet to be filed, according to Genius Group’s CEO, Roger Hamilton.   Read more

Canadian public firm begins trading, commits to bitcoin-backed institutional services.

Most Bitcoin ETF inflows are driven by long-only fundamental investors, not short-term traders, analyst Peter Chung told Decrypt.

XRP's 30-day annualized realized volatility has dropped to 44%, the lowest since November, indicating reduced price fluctuations.