Found 7276 news
Defense attorneys reportedly requested a mistrial as jurors said they weren’t close to reaching a verdict in the case involving a $25 million Ethereum exploit. Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in the US government’s case against Anton and James Peraire-Bueno requested additional clarification from the judge regarding the intentions behind their actions. Despite the instructions from the judge, the jurors were reportedly “having an issue reaching a unanimous verdict” in the case. The reporting suggested that the jury could find the brothers not guilty on at least one of the charges for conspiracy to commit wire fraud, money laundering and conspiracy to receive stolen property. Judge Jessica Clarke denied the defense lawyers’ reques...
Defense attorneys reportedly requested a mistrial as jurors said they weren’t close to reaching a verdict in the case involving a $25 million Ethereum exploit. Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in the US government’s case against Anton and James Peraire-Bueno requested additional clarification from the judge regarding the intentions behind their actions. Despite the instructions from the judge, the jurors were reportedly “having an issue reaching a unanimous verdict” in the case. The reporting suggested that the jury could find the brothers not guilty on at least one of the charges for conspiracy to commit wire fraud, money laundering and conspiracy to receive stolen property. Judge Jessica Clarke denied the defense lawyers’ reques...
Defense attorneys reportedly requested a mistrial as jurors said they weren’t close to reaching a verdict in the case involving a $25 million Ethereum exploit. Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in the US government’s case against Anton and James Peraire-Bueno requested additional clarification from the judge regarding the intentions behind their actions. Despite the instructions from the judge, the jurors were reportedly “having an issue reaching a unanimous verdict” in the case. The reporting suggested that the jury could find the brothers not guilty on at least one of the charges for conspiracy to commit wire fraud, money laundering and conspiracy to receive stolen property. Judge Jessica Clarke denied the defense lawyers’ reques...
Outflows from Bitcoin ETFs over the last month have been relatively small despite October's historic market crash that slashed prices by 20%. Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a chart that showed net outflows of about $722 million over the past month. “Told y’all the ETF-using boomers are no joke. So who’s been selling? To quote that horror movie, ‘Ma’am, the call is coming from inside the house,’” Balchunas said. The comments refer to the 400,000 BTC sold by Bitcoin whales and long-term BTC holders, who cashed in around the $100,000 price level during October. Read more
Outflows from Bitcoin ETFs over the last month have been relatively small despite October's historic market crash that slashed prices by 20%. Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a chart that showed net outflows of about $722 million over the past month. “Told y’all the ETF-using boomers are no joke. So who’s been selling? To quote that horror movie, ‘Ma’am, the call is coming from inside the house,’” Balchunas said. The comments refer to the 400,000 BTC sold by Bitcoin whales and long-term BTC holders, who cashed in around the $100,000 price level during October. Read more
The Bitcoin education initiative is closing its local operations and rebranding for a global mission, shifting from teaching students in El Salvador to training educators worldwide. Update (Nov. 7 at 09:07 pm UTC): This article has been updated to incorporate commentary from My First Bitcoin. My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now plans to support educators and community projects worldwide through open-source materials and training tools. Read more
The Bitcoin education initiative is closing its local operations and rebranding for a global mission, shifting from teaching students in El Salvador to training educators worldwide. Update (Nov. 7 at 09:07 pm UTC): This article has been updated to incorporate commentary from My First Bitcoin. My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. The organization has educated more than 27,000 students in person about Bitcoin (BTC) — primarily in El Salvador — and now plans to support educators and community projects worldwide through open-source materials and training tools. Read more
The DAO behind the exchange issued an onchain warning to those responsible for a major exploit: Return the funds for a bounty or face the consequences. The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen. In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied to the platform’s V2 Composable Stable Pools. The decentralized exchange offered them until Saturday to return the funds in exchange for an unspecified bounty, or it would use “technical, onchain, and legal measures” to pursue matters. “We understand that affected users are awaiting further updates,” Balancer said of the exploit. “We will continue to provide information as the investigation progresses.” Read more
The DAO behind the exchange issued an onchain warning to those responsible for a major exploit: Return the funds for a bounty or face the consequences. The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen. In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied to the platform’s V2 Composable Stable Pools. The decentralized exchange offered them until Saturday to return the funds in exchange for an unspecified bounty, or it would use “technical, onchain, and legal measures” to pursue matters. “We understand that affected users are awaiting further updates,” Balancer said of the exploit. “We will continue to provide information as the investigation progresses.” Read more
Crypto stocks slid as macro fears, government shutdown jitters and lingering fallout from October's $19 billion liquidation hit investor sentiment. Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings. Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent gains and underscoring the fragile sentiment surrounding crypto-linked equities. On Oct. 30, Coinbase reported stronger-than-expected earnings and revenue as it advanced its “Everything Exchange” initiative, aimed at expanding the volume and diversity of tradable assets on its platform. Yet, despite the upbeat results, shares failed to maintain momentum amid broader market pressures and declining risk appetite. Read more
Crypto stocks slid as macro fears, government shutdown jitters and lingering fallout from October's $19 billion liquidation hit investor sentiment. Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings. Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent gains and underscoring the fragile sentiment surrounding crypto-linked equities. On Oct. 30, Coinbase reported stronger-than-expected earnings and revenue as it advanced its “Everything Exchange” initiative, aimed at expanding the volume and diversity of tradable assets on its platform. Yet, despite the upbeat results, shares failed to maintain momentum amid broader market pressures and declining risk appetite. Read more
Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months. Key takeaways: Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided. One model cites historical price action breakout phases from 2017, 2021 and 2024. Read more
Bitcoin dropped 20% from its all-time high, leaving analysts split on whether a slow recovery or a fresh parabolic price breakout will happen in the next few months. Key takeaways: Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided. One model cites historical price action breakout phases from 2017, 2021 and 2024. Read more
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks. The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools. The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. Read more
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks. The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools. The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. Read more
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip. Key takeaways: Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens. The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure. Read more
Bitcoin dipped below $100,000 as the Coinbase Premium hit a seven-month low, signaling weak US demand. Onchain data hints that short-term holders may be buying the dip. Key takeaways: Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens. The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure. Read more
The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles. Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros in net proceeds. Strategy plans to use the funds to buy more Bitcoin (BTC) and for general corporate purposes. The stock offering is expected to settle on Nov. 13. The new STRE shares are senior to Strategy’s Perpetual Strike (STRK), Perpetual Stride (STRD) and common stock, but are subordinate to its Perpetual Strife (STRF), Variable Rate Perpetual Stretch (STRC) shares and outstanding debt. Read more
The company continues to offer corporate debt securities and equities to finance its Bitcoin acquisitions despite recent troubles. Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros in net proceeds. Strategy plans to use the funds to buy more Bitcoin (BTC) and for general corporate purposes. The stock offering is expected to settle on Nov. 13. The new STRE shares are senior to Strategy’s Perpetual Strike (STRK), Perpetual Stride (STRD) and common stock, but are subordinate to its Perpetual Strife (STRF), Variable Rate Perpetual Stretch (STRC) shares and outstanding debt. Read more
A Columbia study found that up to 60% of Polymarket’s volume may stem from wash trading, raising new concerns about artificial activity in prediction markets. The rapid growth of the prediction market Polymarket may not be entirely organic but instead inflated by artificial trading activity, according to research published by Columbia University. In an 80-page paper titled “Network-Based Detection of Wash-Trading,” which has not yet undergone peer review, Columbia researchers identified extensive wash-trading activity on Polymarket beginning in July 2024. That month, they found that wash trades accounted for nearly 60% of the platform’s total trading volume. “This activity persisted through late April 2025 before subsiding substantially, and once again increased to about 20 percent of volume in early October 2025,” they wrote. Read more7276 items