FG Nexus offloads additional $17.8M Ether as losses top $100M

FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure. Source: Cointelegraph

FG Nexus offloads another 10,000 ETH, pushing realized and paper losses above $100 million as the Ethereum treasury firm continues cutting exposure. Source: Cointelegraph

A Polymarket contract on whether Strategy sold Bitcoin by May 31 resolved to no after traders disputed how the sale should count. Source: Cointelegraph

US-listed spot Bitcoin ETFs saw $397 million in outflows on Wednesday, extending a 13-day red streak to $4.4 billion as Bitcoin has fallen about 21% since May 15. Source: Cointelegraph

Many traders expect Bitcoin to stage a short-term relief bounce toward $70,000, but the broader technical setup remains bearish for BTC. Source: Cointelegraph
Maelstrom predicts the WLD token will reach $5 by August, a gain of around 900% from current levels. Source: Cointelegraph

The lawmakers are also asking the FTC for information on whether it has plans to take investigative or enforcement action against prediction markets for possible deceptive practices. Source: Cointelegraph

AI firm Anthropic mapped a year’s worth of AI-enabled cyber threats, finding that malicious actors are quickly becoming more dangerous with AI. Source: Cointelegraph

The move comes as Ether prices slumped to a 14-month low below $1,750 on Thursday. Source: Cointelegraph

Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania. Source: Cointelegraph

CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions. Source: Cointelegraph