Backpack CEO rejects OTC cash-out claims, concedes missteps on ‘witch hunts’
Backpack CEO Armani Ferrante denies BP OTC cash‑outs and downplays FDV focus as anger over “witch hunt” Sybil bans forces appeals, buybacks and a fairness rethink. Backpack founder and CEO Armani Ferrante has moved to calm a backlash around the…...
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BTC Crashes to $66K, ETH Dips Below $2K as Middle East War Drags On: Weekly Recap
It was another eventful week on the Iran – Israel/US front, with multiple big developments, including some twists and turns, that continue to influence the risk-on crypto market. Recall that bitcoin was stopped at $76,000 last Wednesday after it had gained $13,000 since the initial shock when the first...
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Bitcoin Plunges 3% And ETFs Bleed $171M After Ukraine Destroys Russian Oil Ports
Bitcoin (CRYPTO: BTC) dropped 3% as Ukraine drone strikes resulted in a 40% reduction of Russia’s oil export capacity, coinciding with $171 million in ETF outflows—the largest single-day withdrawal in three weeks. Ukraine Blows Up Trump’s Oil Plan President Donald Trump lifted sanctions on Russian crude to compensate for...
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ECB paper says DeFi DAOs may be too centralized for MiCA loophole
The European Central Bank (ECB) has published a working paper arguing that governance in flagship DeFi protocols like Aave, MakerDAO, Ampleforth and Uniswap is far more centralized than their “decentralized autonomous organization” branding suggests, a conclusion that could strip them…...
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Upgrade Your Crypto Security
A $176M Bitcoin theft exposes a harsh reality: the biggest risk to your crypto isn’t hackers, it’s human error and physical vulnerabilities. From CCTV leaks to lost seed phrases, self-custody isn’t as bulletproof as it seems. This video breaks down why the “one wallet, one seed phrase” model is...
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Sam Bankman-Fried parents’ CNN interview fails to lift pardon odds
Polymarket and Kalshi lowered Sam Bankman-Fried pardon odds after his parents renewed his defense in a CNN interview....
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Bitcoin, Ethereum, XRP, Dogecoin Plunge Early Friday Hours As Iran Snubs US Peace Deal
Bitcoin at $66,000 is driven by a macro sell-off after Iran rejected a U.S. peace proposal, pressuring risk assets and pushing sentiment deeper into the fear zone (26); liquidations stand at $447.7 million over the past 24 hours. Bitcoin ETFs saw $171.2 million in net outflows on Thursday, while...
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Anthropic’s massive ‘Claude Mythos’ leak sends software names — and crypto — sharply lower
The model could significantly heighten cybersecurity risks by rapidly finding and exploiting software vulnerabilities, potentially accelerating a cyber arms race....
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Ethereum Price Is Running The Same Playbook That Led To 10,000% And 4,000% Surges In The Past
The Ethereum price continues to hold above $2,000, demonstrating noteworthy resilience amid ongoing bearish market conditions. In light of this resilience, crypto market analyst Merlijn The Trader recently shared a new ETH analysis, identifying a recurring historical pattern that has served as a strong bullish signal for the cryptocurrency....
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CoinDesk 20 performance update: AAVE drops 3.2% as nearly all constituents decline
Bitcoin Cash (BCH), up 0.8% from Thursday, was the only gainer....
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