@lypp on X

Every post from @lypp, archived here with its own page. 821 posts.

BREAKING: Bitget says North Korean hackers are behind the $388M theft from the exchange. Withdrawals remain paused, with the CEO saying user funds are safe and a bounty offered for the stolen crypto.

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JUST IN: A flaw in Limit Break's Payment Processor V2 left old Magic Eden Ethereum NFT listings exposed, with white hats rescuing 23,155 NFTs worth over $5.7M. Holders are urged to revoke approvals on the vulnerable contracts.

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US crypto ETFs pulled in about $3.04B this week, with nearly $800M going into non-Bitcoin products across $ETH, SOL, XRP and ZEC funds alongside BTC. Bullish or bearish?

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JUST IN: CoinMarketCap has acquired derivatives data platform CoinGlass. CoinGlass keeps its brand and team, with its website, app, free tools, API and pricing unchanged.

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JUST IN: Kelp DAO is suing LayerZero and co-founder Bryan Pellegrino over the $292M rsETH bridge exploit from April. Kelp blames them for the incident.

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BREAKING: The Federal Reserve has proposed rules to implement the GENIUS Act, requiring supervised stablecoin issuers to fully back tokens with safe assets and meet capital requirements, a two-day redemption window and new reserve disclosures. Both proposals are open for comment.

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The Fed just proposed reserve, capital and application rules for supervised stablecoin issuers, putting the GENIUS Act framework into motion. Bullish or bearish? 🏦

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JUST IN: Cathie Wood's ARK Invest is bringing its $1.3B ARK Venture Fund onchain via Securitize on Ethereum. The fund holds stakes in OpenAI, Anthropic and Stripe, with US retail able to subscribe from a $500 minimum. 📈

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JUST IN: Crypto casino Duelbits has gone offline after a $7M hot wallet hack. Attackers drained wallets across four blockchains, with around $6M of the stolen funds now sitting in a single Ethereum address. 🚨

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JUST IN: New York is suing Polymarket, alleging it operates an illegal gambling business. The action follows a similar lawsuit filed against Kalshi in July. ⚖️

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JUST IN: Ronald Spektor, the Coinbase support impersonator who drained nearly $16M from around 100 users, has been sentenced to four to 12 years in prison. He pleaded guilty to all 31 counts. ⚖️

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JUST IN: BlackRock is teaming up with Ondo Finance to tokenize its investment strategies for non-US investors. The two are building tokenized "Intelligent Portfolios," with $ONDO also pitching OUSG for Sky's $1B tokenization initiative. 📈

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JUST IN: Traders are now pricing in four Fed rate hikes by June 2027 as $BTC slides below $83,000. Rising bond yields and a stronger dollar are weighing on bitcoin and gold. 📉

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JUST IN: Over $100B has been wiped from the crypto market in less than three days. $BTC slipped below $84,000 after topping $87,000, as the US 30-year Treasury yield hit its highest level since 2004. 📉

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JUST IN: The Trump administration is weighing a push to expand US dollar stablecoins overseas, per Bloomberg. Treasury, State and the DFC could join public-private ventures aimed at boosting the dollar and demand for US debt. 🇺🇸

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JUST IN: The SEC has issued a five-year conditional exemption letting tokenized NMS stocks trade onchain on permissioned automated market makers. The CFTC also widened its software relief. 📈

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