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Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI

2 months ago by Crypto InsightsCrypto

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday. The loss marks a sharp reversal from a… Read More

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

2 months ago by Crypto InsightsCrypto

Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New… Read More

Drift says $270 million exploit was a six-month North Korean intelligence operation

Drift says $270 million exploit was a six-month North Korean intelligence operation

3 months ago by Crypto InsightsCrypto

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean state-affiliated group, according to a detailed incident update published by the team earlier on Sunday. The attackers first made contact around fall 2025 at a… Read More

Ethereum Foundation stakes additional $42 million of ether (ETH)

Ethereum Foundation stakes additional $42 million of ether (ETH)

3 months ago by Crypto InsightsCrypto

The Ethereum Foundation is stepping up its efforts to put treasury assets to work, with data from Arkham showing it staked more than 20,000 ETH on Monday, expanding its validator footprint even as yields hover below 3% and ether trades near $2,045. Arkham data shows… Read More

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

3 months ago by Crypto InsightsCrypto

The company that built decentralized finance (DeFi) powerhouse Balancer is closing. Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated and funded the decentralized exchange protocol, will be shutting down. The decision comes roughly five months after a v2 exploit… Read More

It could cost $70,000 — or $6 million — to have lunch with Donald Trump

It could cost $70,000 — or $6 million — to have lunch with Donald Trump

3 months ago by Crypto InsightsCrypto

A seat at Donald Trump’s upcoming crypto luncheon could cost as little as $70,000. It could also cost more than $6 million, depending on how participants choose to climb the leaderboard that determines entry, even as the token trades nearly 96% below its peak. The… Read More

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