Protos
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Inside the mystery of BitMEX's insurance fund
Crypto exchange BitMEX is winding down with roughly $270 million sitting in a house insurance fund that customers now suspect its owners will simply keep. The fund holds about $239 million worth of BTC and $31 million in USDT. A lot of that came from customers’ trading losses. Th...
July 24, 2026
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Editor’s Selection
Top Stories
Jul 24
European Union sanctions Justin Sun's HTX
The Council of the European Union has sanctioned Justin Sun-owned HTX and Huobi Global S.A in a move that it hopes will ...
Jul 24
Ansem banned by Uber, blames being late and 'loud as f**k'
Crypto influencer and party animal Ansem has been banned from Uber after failing to heed its warnings and improve his 4....
Jul 24
Intel posts record $16B growth, workers rewarded with job cuts
Chipmaker Intel reported this week that quarterly revenue had risen at its quickest pace in more than 15 years -- just d...
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July 23, 2026•Cryptocurrency
Andrew Tate’s memecoin down 97% while he tweets from cell
Andrew Tate's DADDY memecoin has shed half its value and is currently trading 97% below its 2024 peak -- a plunge that's coincided with Tate's latest arrest and his incarceration i...
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July 23, 2026•Cryptocurrency
Nigel Farage aide received $9M on Polymarket account, report
Convicted fraudster and Nigel Farage backer George Cottrell had $9 million deposited into his Polymarket account by two unknown sources. That’s according to the Financial Times (FT...
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July 23, 2026•Cryptocurrency
BitMEX to close, but what about its $270M insurance fund?
BitMEX has announced it will shut down on September 23, following “a strategic review of the business and the broader crypto industry.” The Arthur Hayes-founded exchange revealed e...
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July 23, 2026•Cryptocurrency
DeFi loses $35M in a day: Are ‘bounties' inviting more hacks?
An ongoing hacking spree has claimed another three victims in the past 24 hours, with a total of over $35 million lost. Verus bridge has lost over $7.5 million, just two months aft...
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July 22, 2026•Cryptocurrency
Grayscale filing reveals 100 wallets hold 90% of Worldcoin
Grayscale’s new SEC filing for a Worldcoin ETF reveals that just 100 wallets hold approximately 90% of all circulating WLD -- a concerning level of centralization for co-founder Sa...
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July 22, 2026•Cryptocurrency
TRM claims HTX is rotating wallets to 'stay ahead of screening'
Blockchain intelligence firm TRM Labs has claimed in a new analysis that Justin Sun-owned HTX has been "rotating its wallet infrastructure on a rapid cycle" following sanctions iss...
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