Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk. www.coindesk.com
Markets
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Markets
Hyperliquid’s RWA perps boom is eating into the revenue that backs HYPE
by shayaanby shayaanRevenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half …
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Markets
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
by shayaanby shayaanThe exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com
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Trump-Backed American Bitcoin director Justin Mateen buys nearly $2 million of ABTC stock
by shayaanby shayaanMateen purchased more than 306,000 shares across two days following the company’s quarterly earnings, lifting his stake to more than 492,000 shares. …
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The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still …
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Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
by shayaanby shayaanThe $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. www.coindesk.com
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Markets
Brazil's central bank orders exchanges to delay large crypto transfers abroad
by shayaanby shayaanThe rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. www.coindesk.com
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Markets
Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins
by shayaanby shayaanThe proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition. www.coindesk.com
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Markets
Hardware wallet sales in Russia more than double as new crypto rules near
by shayaanby shayaanWildberries’ average price for hardware wallets fell 13% to 7,900 rubles, and M.Video broadened its range of products, though neither retailer identified …
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Markets
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
by shayaanby shayaanThe digital asset manager’s CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin …