A group of six North Korean operatives using fake identities to get jobs with unwitting crypto projects has been revealed to be responsible for a US$680,000 June theft from Web3 ‘fan economy’ platform Favrr. The revelation came after an anonymous hacker was able to infiltrate one of the operatives’ devices,Continue Reading
Shares of CleanCore Solutions (ZONE) plummeted nearly 60% after the company announced a US$175 million private placement to fund a new treasury strategy focused on holding Dogecoin. The deal, which involves issuing 175 million pre-funded warrants, will use the proceeds to purchase Dogecoin, with the goal of positioning the memecoinContinue Reading
Japanese firm Metaplanet has received shareholder approval to restructure its capital, a move designed to raise up to US$3.7 billion in new funding to expand its Bitcoin holdings. The new capital structure includes a dual-class preferred stock system, with Class A shares for fixed dividends and Class B shares convertibleContinue Reading
Hyperliquid’s revenue surged to over US$106 million last month, with nearly US$400B in trading volume, allowing it to capture a dominant 70% market share of the decentralised perpetual futures market. BitMEX co-founder Arthur Hayes has compared Hyperliquid to a “decentralised Binance” and has projected a potential 126x price increase forContinue Reading
Bitcoin has declined 13% from its all-time high of US$123,640 (AU$188,620) and is currently trading near US$108,969 (AU$166,280). Analysts suggest that a potential cyclical floor for Bitcoin could form between US$93,000 and US$95,000 (AU$141,983–AU$145,037). Institutional accumulation remains robust, with corporate treasuries steadily increasing their holdings of Bitcoin and Ethereum. BitcoinContinue Reading
Analyst Adriano Feria warns that XRP spot ETFs may reveal weak institutional demand compared to Bitcoin and Ethereum products backed by major firms like BlackRock. The crypto community remains divided, with some calling XRP a scam lacking development activity while others defend it and continue buying more tokens. EasyA co-founderContinue Reading
World Liberty Financial’s WLFI token debuted with 25% of supply unlocked, valuing the project above US$30B. Trading volumes exceeded US$2.5B, boosted by Binance and other exchange listings. Early sell pressure pushed WLFI down 12%, leaving a market cap of nearly US$7B. World Liberty Financial launched its WLFI token on 1Continue Reading
Crypto exchanges Coinbase and OKX are targeting Australia’s superannuation system, launching products aimed at getting more Aussies investing in crypto through a self-managed super-fund (SMSF). OKX launched their SMSF product in June while Coinbase plans to launch theirs in the coming months — both exchanges say they’ve seen strong demandContinue Reading
Pudgy Penguins has launched Pudgy Party, a mobile Web3 game that quickly rose to the top of Apple’s App Store and garnered over 50,000 downloads on Google Play. The game is a party-royale format built on the Mythos Chain on Polkadot, allowing players to earn in-game items that can beContinue Reading
Sonic Labs has approved a proposal to expand into U.S. capital markets, backed by a 99.98% community vote, which will be funded by a US$150 million issuance of its native S token. The funds will be used for a new ETF partnership, liquidity, and a Nasdaq private investment vehicle thatContinue Reading
