5h fa
DOJ Indicts 10 Staff at Four Crypto Market Makers Over Alleged Pump-and-Dump Schemes
The U.S. Department of Justice charged 10 executives and employees tied to four crypto market-making firms over alleged schemes to artificially inflate trading volume and token prices. The DOJ said three defendants were arrested in Singapore, extradited to the U.S., and made an initial court appearance in Oakland on Monday. Authorities also reported seizing more than $1 million in cryptocurrency, while BTC was trading in the highs $68k at the time of writing.
BTC
BTC+0.59%
5h fa
3-27
GameStop Pledged 4,709 BTC to Coinbase in Covered-Call Deal, 10-K Shows
On-chain trackers showed about $324 million in GameStop-linked BTC moving to Coinbase, prompting speculation the retailer had sold its stack. The company's latest 10-K indicates it still has Bitcoin-linked exposure by pledging 4,709 of 4,710 BTC to Coinbase for a covered-call strategy, receiving about $368 million in cash while limiting gains above roughly $105,000–$110,000 per BTC. On paper, the filing shows GameStop now holds 1 BTC directly.
BTC
BTC+0.59%
3-27
3-25
Hyperliquid Weekly Update: S&P 500 Perps, USDC on HyperEVM, and HIP-3 Market Records
Hyperliquid’s third-week-of-March recap highlighted three developments: the launch of an officially licensed S&P 500 perpetual contract, USDC support arriving on HyperEVM, and new activity highs across HIP-3 tokenized commodity markets. The update also referenced TradeXYZ figures showing a $5.6 billion 24-hour peak volume and about 45,300 daily unique traders, alongside a community ETHCC Cannes event scheduled for March 31.
BTC
BTC+0.59%
3-25
3-20
Arthur Hayes Reiterates $HYPE $150 Target for August 2026 as Hyperliquid Oil OI Hits $1.5bn
BitMEX co-founder Arthur Hayes reiterated a $150 price target for Hyperliquid’s native token, $HYPE, for August 2026. He pointed to oil perpetuals on Hyperliquid reaching $1.5bn a day and commentary that combined oil, gold, and silver open interest surpassed $1.5 billion, framing $HYPE as a high-beta way to gain exposure to the venue’s 24/7 commodities and macro trading growth.
BTC
BTC+0.59%
3-20
3-18
Crypto-Backed PAC Fairshake Drops Illinois Senate Primary But Retains $221M War Chest For 2026
In the 2026 election cycle, the crypto industry recorded a major political setback in Illinois as Lieutenant Governor Juliana Stratton defeated pro-crypto Representative Raja Krishnamoorthi in the Democratic Senate primary. Fairshake, a crypto-aligned super PAC, spent nearly $10 million opposing Stratton and still holds a broader $221 million war chest, while BTC is trading around $72k. The outcome underscores that local political support can outweigh industry money and may shape how digital asset advocates deploy funds in other races.
BTC
BTC+0.59%
3-18