Tag: News

Web3 Gaming Faces Ongoing Turmoil, Market Metrics Reveal Persistent Decline

Web3 gaming continued its retrenchment in the second quarter of 2025, with daily unique active wallets falling 17% quarter-over-quarter, and funding collapsing 93% year-over-year to just $73 million – the lowest in two years – according to a new report from DappRadar. The downturn marks a broader correction in...
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Bitcoin Rockets Past $118K, Leads to Over $1B Shorts Getting Liquidated

Bitcoin (BTC) blew past $118,000, resulting in the biggest bloodbath of the year for leveraged bears. In the past 24 hours, over $1.13 billion in positions were liquidated, with a staggering $1.01 billion of that coming from short sellers, marking the largest short-side wipeout of 2025 so far.Open interest...
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Robinhood’s OpenAI Tokens Walk a Legal Tightrope, Says Crypto Lawyer

Robinhood’s plan to democratize private equity with tokenized startup shares may be bold, but it could have unintended legal consequences, warned Florida-based crypto lawyer John Montague in an interview with CoinDesk, who cited risks of lawsuits, regulatory blowback, and investor losses in the event the platform goes bankrupt. Robinhood...
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Bitcoin bull run wrecks shorts in historic liquidation

BTC’s latest breakout didn’t just set new records, it wiped out tens of thousands of traders in one of the most brutal short squeezes the market has seen in years. Fueled by rising momentum and institutional demand, Bitcoin (BTC) has…...
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