Coinbase Hacked: Up to $400M at Risk After Insider Scam

Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million fallout. Now, the fallout could cost … Read more

Avenir’s Increased IBIT Holdings Suggest Growing Institutional Interest in Bitcoin ETFs

Investment momentum continues as Avenir increases its holdings in Islamic Bitcoin ETFs, highlighting the growing institutional interest in cryptocurrency. Avenir’s recent purchase underscores a larger trend among financial institutions embracing digital assets, particularly as regulatory frameworks evolve. “This strategic move not only underscores Avenir’s confidence in the future of digital assets but also marks a … Read more

Wisconsin Investment Board sold off its Bitcoin ETF stash

The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show. The Wisconsin Investment Board reported no spot Bitcoin ETF positions in its 13F filing to the US Securities and Exchange Commission on May 15, liquidating all … Read more

Top Memecoin Rug Pulls in Two Years

Cryptocurrency has emerged as one of the most disruptive technologies of the 21st century. With blockchain providing decentralization, transparency, and security, a tidal wave of retail investors have entered the crypto space, looking to catch the next bull cycle or discover the next high profile token.  But not all that glitters is gold. While crypto … Read more

Former Rep. McHenry: Gensler’s Anti-Crypto Stance Tied to Senate Politics

Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to progressive ideology and Senate politics. Former Representative Patrick McHenry: Gensler Opposed Crypto Due to Senate … Read more

Lyft Taps Solana-Powered Hivemapper for Decentralized Mapping Data

In brief Lyft has confirmed it is sourcing street-level mapping data from Bee Maps, a decentralized mapping platform built on the Solana-powered Hivemapper network. The partnership began in 2024 and supports Lyft’s navigation and autonomous vehicle initiatives. Decrypt understands the deal involves licensing data only, with no contribution from Lyft drivers or their vehicles. Lyft … Read more

Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF

Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake in the iShares Bitcoin Trust (IBIT), according to a 13F filing released today. The fund reported holding 8,726,972 shares as of March 31, 2025, an increase from 8,235,533 shares reported at the end of 2024.  In a 13F filed today, Mubadala, the Abu Dhabi … Read more