Share Malone Lam, accused of leading a group that stole over $240 million in Bitcoin from a Washington investor using social engineering, is set for a plea agreement hearing. The group accessed the victim's accounts by impersonating trusted entities and laundered the stolen crypto through multiple platforms, spending millions on luxury goods before FBI arrests in 2024. Lam could face at least 14 years in prison if convicted. This case highlights ongoing risks of social engineering attacks in cryptocurrency thefts and the challenges law enforcement faces in curbing such crimes.
Hyperliquid's HYPE token reached a new high of $89.67, driven by significant ETF inflows and growing institutional interest from firms like UBS, Jane Street, and Bank of Montreal. Bitwise’s BHYP ETF has accumulated $166.3 million in HYPE holdings, co...
The iShares S&P 100 ETF recently replaced Nike, Colgate-Palmolive, Simon Property Group, and Honeywell with four AI-related tech companies: Dell Technologies, Palo Alto Networks, Arista Networks, and SanDisk. This change reflects the growing market c...
Apple has changed its product release strategy from a single September event to multiple releases throughout the year, creating more opportunities for sales and customer upgrades. This move supports Apple's expanding ecosystem, now with over 2.5 bill...
Freeport-McMoRan (FCX) shares have risen 44% in 2026, driven mainly by a strong copper price rally and improved production at its Grasberg mine. Copper prices, which averaged $5.93 per pound year-to-date and reached $6.30 in July, have been the key f...
Strive Inc. announced it will purchase an additional 1,100 Bitcoin on September 8, increasing its total holdings to over 24,000 BTC. This move continues the company's aggressive Bitcoin accumulation strategy, which has grown its treasury from 5,000 B...
