🔐 Family Killed in Mexico Over Bitcoin Cold Wallet
Mexican prosecutors allege a musician and his family were targeted and killed by suspects searching for a Bitcoin cold wallet believed to hold millions of dollars.
The victim, Jonathan Meléndez, was a keyboardist for the band Camilo Séptimo. Prosecutors say the attackers were motivated by the belief that the wallet contained significant Bitcoin holdings.
The case is a stark reminder that publicly known crypto wealth can create serious physical security risks — cold wallet storage protects against digital theft but offers no protection if ownership becomes known to bad actors.
Hyperliquid's open interest has climbed to $14.3 billion, placing it within 3% of its pre-crash peak from earlier this year, signaling a strong recovery in derivatives activity on the platform.
Alongside the OI surge, HYPE — Hyperliquid's native token — reached a new all-time high of $88, reflecting renewed trader confidence in the protocol.
The milestone underscores Hyperliquid's growing position in on-chain perpetuals, as the platform continues to attract significant trading volume and leverage activity.
📈 Grayscale Zcash ETF Crosses $500M as Bitcoin Steadies
Bitcoin dipped to nearly $77,600 on Tuesday before recovering most of its losses, ending the day little changed.
Meanwhile, Zcash outperformed the broader market with a roughly 43% weekly gain, coinciding with Grayscale's new Zcash ETF surpassing $500 million in assets — a notable milestone for an altcoin-focused fund.
The Zcash ETF haul signals continued institutional appetite for crypto products beyond Bitcoin, even as the broader market remains under pressure.
Lit Protocol's token LIT jumped 72.64% within 60 minutes, reaching $0.243864, according to market data.
No specific catalyst has been identified in available reporting beyond a reference to broader market dynamics.
Sharp short-term moves of this magnitude can reverse quickly and often reflect thin liquidity or speculative activity rather than fundamental developments.
⚖️ Robinhood partners with OG.com for prediction markets
Robinhood has selected OG.com as its infrastructure and clearing partner for its prediction markets business.
OG.com has transitioned into a standalone entity with a reported $5 billion valuation. Robinhood's decision to build on OG.com's infrastructure marks a notable step in its push into crypto-native financial products.
CRO, the native token of Crypto.com, rallied on reports that Robinhood has taken stakes in both Crypto.com and OG.com, though specific terms of those investments were not detailed in available sources.
The partnership highlights growing institutional interest in prediction markets as a regulated, crypto-adjacent product category.
⚖️ U.S. Court Orders $212K Crypto Seizure Tied to North Korea IT Scheme
A U.S. federal court has ordered the forfeiture of approximately $212,700 in stablecoins linked to wages paid to North Korean IT workers, handing the Justice Department a partial win in a broader enforcement action.
The DOJ had sought to seize over $7.74 million in digital assets connected to the scheme, making the $212K ruling a partial outcome. The funds were tied to earnings generated by North Korean nationals posing as remote IT workers — a known tactic used to funnel income back to the DPRK.
The case highlights ongoing regulatory and law enforcement pressure on crypto-based sanctions evasion, with stablecoins increasingly scrutinized as a vehicle for illicit cross-border transfers.