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‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K

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A heavy amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days.

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Coin Market

SEC settles Coinbase suit over ‘text messages that disappeared’

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The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

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Coin Market

AFX protocol reportedly loses $24M in bridge exploit

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Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.

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Coin Market

Crypto PAC pours $1M into Michigan Democratic primary race

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Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.

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