ETHZilla (ETHZ) Sells ETH to Fund Buybacks

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Crypto News

Ethereum-focused digital asset treasury firm ETHZilla (ETHZ) on Froday sold about $40 million ether ETH$4,135.56 from its treasury, so far using some of the cash to repurchase shares of its own stock, the company said on Monday. Since the sale on October 24, the firm bought back around 600,000 shares for roughly $12 million. The […]

BitMEX Co-founder Arthur Hayes Sells HYPE to Fund Ferrari Purchase, Stands by 126x Forecast

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Crypto News

Arthur Hayes, the BitMEX co-founder who now runs crypto venture fund Maelstrom, sold his personal stash of Hyperliquid’s HYPE tokens just weeks after predicting the asset could rally 126-fold. Ferrari jokes and blockchain receipts Blockchain analytics service Lookonchain reported on Sunday that Hayes unloaded 96,628 HYPE — worth about $5.1 million — booking a profit […]