Kanye West’s YZY memecoin left thousands of wallets devastated as coordinated snipers extracted millions while retail investors lost out.
Martin Young
Martin is a technology and finance journalist with over two decades of experience covering cybersecurity, and information technology. Based in Southeast Asia for more than 25 years, he served as correspondent and systems analyst for Hong Kong-based Asia Times for twelve years. Since 2017, Martin has specialized in digital asset and blockchain reporting for multiple crypto publications. He brings forex trading and technical analysis expertise to his financial coverage, along with deep knowledge of core blockchain technologies and cryptographic concepts. Martin has no crypto holdings above Coinpectra's disclosure threshold of $,1000.
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13 wallets made over $24M profit dumping the YZY token, data shows - News
Trump’s World Liberty mints 9% of USD1 supply after Waller speech The Trump family DeFi project minted $205 million USD1, pushing its treasury holdings and the stablecoin supply to record highs.
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Bitcoin rebounds from fear zone, but ‘FUD’ may not be over: Santiment Bitcoin sentiment shifted from fear to neutral as crypto markets rebounded from a correction, but a Friday Fed speech may create more volatility.
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Retail went from bullish to ‘ultra bearish’ as Bitcoin dipped to $113K Bitcoin retraced to a low of $112,600 as retail panic selling resulted in the most bearish social sentiment since June, but analysts see a buying opportunity ahead.
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Harvard economist admits he was wrong about Bitcoin crashing to $100 Harvard economist Kenneth Rogoff, who predicted Bitcoin would likely hit $100 before $100,000, admitted he was wrong about three things.
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Tron will make debut in Consensys’ crypto wallet MetaMask MetaMask will be natively integrated the Tron blockchain, connecting users to the Asia-focused network after adding Solana support earlier this year.
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Illinois governor blasts Trump’s ‘crypto bros’ in new bill signing Illinois enacts first-in-Midwest crypto consumer protections, requiring exchange oversight and capping ATM fees at 18%.
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EV startup Faraday Future plans multibillion-dollar crypto strategy Faraday Future said it plans to initially buy $30 million worth of crypto, with plans for “tens of billions” more, and is exploring the idea of launching a crypto ETF.
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Solana hits 100K TPS milestone with stress test transaction spike Solana briefly achieved over 100,000 transactions per second, and a developer said the blockchain could ‘theoretically’ eventually perform at 80,000 TPS.
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Crypto address poisoning scammers netted $1.6M this week Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.
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Coinbase says a ‘full-scale altcoin season’ may be just ahead Bitcoin dominance has fallen to a six-month low while altcoin market cap has jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.
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Ethereum is the ‘biggest macro trade’ for next 10-15 years: Fundstrat Fundstrat predicted a price range of $12,000 to $15,000 for Ether by the end of this year, as it has “plenty of upside.”
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Bitcoin will either ‘Godzilla’ up or drop on ‘alt mania,’ Samson Mow says Bitcoin hit a new peak of $124,500 and now has two possible paths ahead, according to Bitcoin OG Samson Mow.
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Pantera bets $300M on crypto treasury companies, says gains may outpace ETFs Pantera Capital has invested $300 million into crypto treasury companies, saying they may offer better returns than crypto ETFs.
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US takes down sites, seizes $1M from crypto ransomware gang BlackSuit US and international law enforcement agencies have taken down servers and websites linked to the BlackSuit ransomware group and seized $1 million in crypto.
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Trump’s crypto adviser to ‘smash buy’ $762M of Bitcoin this week US President Donald Trump's crypto adviser, David Bailey, is planning a huge Bitcoin purchase through Nakamoto Inc., targeting about 6,400 BTC this week.
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Nasdaq-listed firm slumps 50% on BONK memecoin treasury play Wellness drinks maker Safety Shot made a bold shift into a memecoin treasury strategy, but shareholders were not impressed.
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Is the four-year crypto cycle dead? Believers are growing louder Experts are debating whether Bitcoin’s predictable four-year cycles are at an end as institutions get into crypto in a big way.
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Ethereum bag holders will rotate back to Bitcoin: Samson Mow Bitcoin maximalist Samson Mow predicted ETH investors will rotate back to BTC, but previous market cycles suggest altcoin growth patterns will continue.
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GreedyBear scam group ramps up crypto theft to ‘industrial scale’ A cybercrime group dubbed “GreedyBear” has stolen over $1 million in crypto using hundreds of fake wallet extensions, malware types and scam websites, Koi Security said.
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CleanSpark reports record revenue in ‘most successful’ quarter ever CleanSpark’s results for its Q3 saw revenue reach almost $200 million, jumping 91% from the same time a year ago.
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Parataxis to go public in $640M SPAC merger with Silverbox Bitcoin asset manager Parataxis will go public via a SPAC deal that could see up to $640 million in gross proceeds to fund a Bitcoin treasury.
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Hyperliquid revenue surges as it takes users from Solana: VanEck Hyperliquid’s derivatives platform drove 35% of blockchain revenue in July, capturing high-value users from struggling Solana.
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Binance futures volume hits 6-month high amid Bitcoin volatility Crypto derivatives volumes surged across major exchanges last month, with Binance leading at $2.55 trillion.
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BlackRock Bitcoin fund sees largest outflow in 9 weeks BlackRock’s IBIT saw a $292M outflow Monday — its largest in nine weeks — as Bitcoin rebounded from weekend losses and spot ETF momentum cooled.
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Saylor’s Strategy has doubled its Bitcoin stash since Trump’s election Strategy has amassed 60% of its total holdings since Trump’s election, with its third-largest dollar-value purchase last week.
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Ether ‘mega whales’ continue buying through weekend dip Ether “mega whales” continued buying the cryptocurrency, which dipped and began recovering over the weekend.
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$110K support key as Bitcoin enters bear month with a 5% dip: Analyst The month of August has historically been a bearish one for Bitcoin, and is already off to a choppy start.
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Democrats press bank regulator on Trump stablecoin conflicts Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family.
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Bitcoin dips below $115K as Trump tariff order fails to comfort investors Bitcoin tumbled to a three-week low near $114,000 as Trump’s tariff executive order triggered a stock and crypto sell-off.