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Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

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Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.

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Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses

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Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.

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Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing

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The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.

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Conduit sues Tether over allegedly freezing $2.8M without explanation

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The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.

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