Posts

Trump’s cryptos become top 100’s biggest losers after U.S. midterms

Image
A number of cryptocurrencies posted gains on Wednesday, November 4, after Democrats won both houses in the midterm elections, but Trump’s cryptos became the top 100’s biggest losers. The Official Trump (TRUMP) crypto is now down 7.13% on the daily chart, trading at $1.47 after having lost roughly $40.2 million in market cap, which went from $455 million to $414.77 million, per CoinMarketCap data. At the same time, the World Liberty Financial (WLFI) token has dropped 4.89%, changing hands at $0.048 after a $120 million decline in market value from $1.65 billion to $1.53 billion. Advertisement Trump crypto market cap. Source: CoinMarketCap Crypto rebounds following midterm elections For comparison, Bitcoin (BTC) is up 2% at press time, sitting at $78,450. Similarly, XRP has gained 2.7%, currently trading at $1.29. Ethereum (ETH) also advanced, rising 2.5% to $2,320. Other major digital assets, including Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), poste...

Swiss Web3 Tornado

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

New And Upcoming NFT Projects

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin users paid nearly $21 million in transaction fees in Q3

Image
Although Bitcoin (BTC) closed the third quarter (Q3) 2026 up over 43%, ending its third consecutive quarter of overall losses, users paid nearly $21 million in total transaction fees during the period. Specifically, Bitcoin users paid approximately $20.96 million in total transaction fees in Q3, according to data Finbold fetched from Glassnode on October 15, 2026.  Total transaction fees in Bitcoin in Q3 2026. Source: Glassnode  Bitcoin transaction fees are variable payments miners receive based on how much of a block’s limited 4 megabytes (MB) weight limit a transaction uses. These fees are set by real-time Bitcoin network congestion and the transaction’s size, but not by the fiat value of the amount being transferred. In July, Bitcoin users paid 94.1523 BTC in fees. As BTC averaged $62,830 during the month, miners earned approximately $5,914,788. By the end of August, Bitcoin users had paid 98.4015 BTC to miners, valued at roughly $7,730,979 as the asset...

GTA VI leaker is back and still pumping their crypto

Image
Pseudonymous GTA VI leaker “Cyberleek,” who used spoilers to boost their crypto token, is now posting apparent gameplay footage of GTA VI characters naked. Cyberleek returned this week after an online hiatus and today shared 25 minutes of gameplay that they claim includes more unseen open-world gameplay and mission cutscenes. Notably, it showed GTA VI protagonist Jason running around naked and his in-game partner Lucia running around in just a pair of bikini bottoms.  A first-person mode was also reportedly revealed.  GTA VI leaks don’t pump crypto like they used to Cyberleek published their first batch of GTA VI leaks on August 18, using them to promote their crypto $CYBERLEEK. They claimed at the time that they were also advocating for consumers’ rights by protesting the decision to drop physical discs. The token’s market cap has made two small jumps over the last two days, amounting to a 200% rise. However, it’s still down 9...

NEAR Intents hacked days after freezing stolen Bitget funds

Multichain transaction protocol NEAR Intents halted its services today after it was hacked for $3.8 million via an exploit of its Omni deposit and withdrawal infrastructure. It revealed the security incident today at 2pm GMT+1 and claimed that its services would resume within the hour after it was able to patch the “contract-side vulnerability.” The protocol noted, however, that the deposits and withdrawals across networks BSC, Polygon, TON, Optimism, Avalanche, Stellar, Monad, LayerX, Adi, Scroll, and Plasma, would remain unavailable until Omni infrastructure is patched. NEAR Intents has been (and continues to be) intensely battle-tested. The exploit was swiftly detected, contained and patched and trading has already resumed across most networks. Back to business as usual, grateful for all the messages of support. Accelerate. — chronear (@chronear) October 1, 2026 Read more: THORChain refuses to block Bitget funds, despite pausing after own hack Crypt...

Estée Lauder facing new stockholder suit over alleged use of gray markets

A new Southern District of New York lawsuit alleges Estée Lauder retail sales in Asia relied on “a pervasive, prohibited gray market resale industry” and prohibited, duty-free resellers called daigou. One stockholder has sued Estée Lauder’s board in Manhattan federal court on Tuesday over the company’s practices in this market. The plaintiff, Portia McCollum, wants to force the directors to repay Estée Lauder for their alleged misconduct. She’s merely seeking to recoup attorney’s fees and legal costs associated with bringing the action, not a traditional monetary judgment in her favor. The complaint alleges the company’s Asian travel-retail sales channel, a critical growth market for the makeup and perfume house, exploited duty-free tax exemptions. McCollum names 13 current and former directors and officers, including Chairman William P. Lauder of the eponymous family dynasty. The action pleads seven counts, seeking an accounting of salaries, bonuses...

CoreWeave down 32% since joining the Nasdaq 100

Image
AI company CoreWeave has lost one-third of its value since the day it joined the Nasdaq 100 index, despite doubling revenue in the second quarter and boasting of $100 billion in backlogged revenue. As common shareholders have suffered, insiders have been steadily selling.  Since Nasdaq 100 indexation became effective on June 22, 2026 and forced retirement savers to passively buy CoreWeave shares through hundreds of Nasdaq 100-linked funds around the world, executives and board members at the company have dumped over $600 million worth of stock. CEO Michael Intrator has liquidated over $320 million Co-founder Brannin McBee has sold $220 million Kristen McVeety, general counsel and corporate secretary, has sold over $22 million The company’s CSO, CFO, COO, and CAO have sold a combined $36 million CoreWeave since IPO. Source: TradingView CoreWeave’s stock hit its all-time high of $187 on June 20, 2025, almost a year before it became a constitue...

There’s a 500% penalty on Hyperliquid oil short-selling

Image
Crypto exchange Hyperliquid is paying traders 500% a year to hold long oil derivatives. Payouts are hourly as an additional reward atop the price appreciation of oil itself which has regained $100 per barrel. Of course, if it sounds too good to be true, it probably is. There are no free lunches on Wall Street. First of all, Hyperliquid offers extreme leverage — up to 20x on Brent oil, for example — so unremarkable, intraday price fluctuations can easily wipe out a portfolio. Moreover, even unlevered trades on Hyperliquid inherit innumerable financial risks from bugs, hackers, market manipulators, vulnerable technologies, and offshore counterparties. Still, Brent and WTI oil perpetuals on the crypto exchange printed deeply negative hourly funding rates today, meaning that the short side of the trade is overcrowded and must pay fees to borrow margin exposure from less popular longs. Traders on the venue are so one-sided that shorts must pay 500% annualized fee...