Key highlights: Movement Labs is on the verge of insolvency after filing for Chapter 11 bankruptcy. The entity has over $1 million in liabilities with creditors spanning Anchorage Digital and the Delaware Division of Revenue. MOVE price has tanked by over 90% since 2025, underscoring a torrid year for the project. Movement Labs, the team […]
Category: News
Key highlights: Balance Coin has been depegged following the $915k protocol attack. The BLC coin dropped by around 99% as attackers exploited the protocol’s Bitcoin price oracle. The event highlights the growing number of security issues in the DeFi space. Balance Coin (BLC), an algorithmic stablecoin built on BNB Chain, has been depegged, falling by […]
Key highlights: BTC ETFs attracted $203 million in net inflows on July 21. The funds have now seen six consecutive days of positive flows. Bitcoin is now trading at around $66,000 as momentum returns. Spot Bitcoin ETFs are once again attracting steady inflows after weeks of selling. SoSoValue data showed that the fund added another […]