America Is Ripping Out Its Crypto ATMs — And the Industry’s Largest Operator Already Filed for Bankruptcy
By Cairo Arévalo | Bullish Times | 4 July 2026 On Tuesday, 185 cryptocurrency ATMs across Tennessee went dark. Not […]
One Company Owns 4.7% of All Ethereum — and It’s Sitting on $10.7 Billion in Losses
Tom Lee’s Bitmine has hoovered up 5.7 million ETH in 11 months, cornering nearly 5% of the entire supply. The problem? Its average buy price is $3,476 and ETH trades at $1,569. Russell 1000 inclusion means your pension fund may now own Ethereum whether you like it or not.
One Company Owns 4.7% of All Ethereum — and It’s Sitting on $10.7 Billion in Losses Read More »
Saylor’s Flywheel Spins in Reverse: Lawyers Circle as Strategy’s $10.6 Billion Hole Deepens
Rosen Law Firm opens a securities probe into Michael Saylor’s Strategy as MSTR hits a 52-week low and STRC crashes 24% below par. With 847,363 BTC underwater by $10.6 billion and dividend coverage collapsing, the flywheel that made Saylor a legend is grinding in reverse.
Ethereum Proposes Taxing Its Own Validators — And Making It Mandatory
A new proposal would let a majority of Ethereum validators force all stakers to redirect up to 10% of their rewards to ecosystem funding. Critics are calling it a cartel’s dream.
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The Dead Protocol That Won’t Stop Bleeding: Aztec Drained $4.5M in One Week by Three Separate Attackers
Aztec Connect — a deprecated zk-rollup backed by $100M from a16z — was drained $4.5M across three separate attacks in seven days. The team surrendered its admin keys years ago. Nobody can patch it, pause it, or get the money back.
Illinois Just Made It a Felony to Trade Crypto Without Paying the State — and the Industry Is Furious
Illinois becomes the first US state to tax every crypto transaction at 0.2% — regardless of profit — with felony charges for unregistered brokers. The industry is preparing constitutional challenges.
One Fake Email, $36 Million Gone: Inside North Korea’s Humanity Protocol Heist
Quantstamp links Humanity Protocol’s $36M exploit to North Korean hackers. A fake Bithumb email gave attackers seven private keys, draining 141M H tokens and crashing the price 90%. The BNB Chain deployment is permanently abandoned.
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“Don’t Care”: The $389 Million Crypto Mixer That Cleaned Ransomware Cash — Then Got Caught
An international law enforcement operation dismantled AudiA6, a cryptocurrency mixer that laundered $389 million in Bitcoin for ransomware gangs and dark web criminals since 2021. Two suspects were arrested in Georgia and face up to 20 years in US federal prison.
Hire My Son, Target My Rivals: The Bribery Scandal Rocking South Korea’s Biggest Crypto Exchange
South Korean police have booked Bithumb CEO Lee Jae-won as a bribery suspect after investigators alleged a lawmaker demanded his son be hired at the exchange — then used his seat on the Financial Regulation Committee to target a rival. Two HQ raids, 13 suspicions, and a $24.5 million fine later, South Korea’s crypto corruption problem is impossible to ignore.