Lookonchain APP

App Store

The U.S. Bitcoin ATM operator Bitcoin Depot has announced bankruptcy and delisting.

1 hours ago

May 18 — U.S. Bitcoin ATM operator Bitcoin Depot (Nasdaq: BTM) has filed for Chapter 11 bankruptcy protection, which the company says will let it wind down operations and sell off assets in an orderly fashion. Bitcoin blamed the move on a rapidly shifting regulatory landscape: states have stepped up compliance rules, imposed transaction limits on crypto ATMs, some regions have banned or restricted its operations entirely, and the firm faces mounting litigation and enforcement pressure. Those issues have made its core business model unsustainable. Founded in 2016, Bitcoin Depot was once the largest crypto ATM operator in North America — and is now officially exiting the market.
Relevant content

Iranian Foreign Ministry Spokesperson: Negotiation Process Mediated by Pakistan Underway

On May 18, a spokesperson for Iran’s Ministry of Foreign Affairs stated that the Pakistan-mediated negotiation process remains ongoing. (FXStreet)

11 minutes ago

Iranian Foreign Ministry Spokesperson: Iran and Oman's technical teams discussed the Strait of Hormuz security passage mechanism last week

May 18 — A spokesman for Iran's Foreign Ministry told Iranian state media that technical teams from Iran and Oman met in Oman last week to discuss a mechanism for ensuring secure passage through the Strait of Hormuz.

11 minutes ago

a16z Affiliate Address Acquires an Additional 372,000 HYPE Tokens, Equivalent to $16.91 Million

May 18 — According to monitoring from LookOnChain, an address tied to a16z bought another 372,000 HYPE tokens in the last three hours, valued at roughly $16.91 million. Since April 14, this address has accumulated 2.11 million HYPE tokens overall, with a total value of around $90.87 million.

11 minutes ago

Musk: Hopes to Advance SpaceX IPO "Soon"

May 18: Musk said he hopes to push SpaceX's initial public offering (IPO) forward "soon."

11 minutes ago

Germany's 10-year Government Bond Yield Rises to 3.187%, Hits Fresh High Since 2011

On May 18, the yield on Germany’s 10-year government bond rose to 3.187%, hitting its highest level since 2011. (FX168)

11 minutes ago

trade.xyz's weekly trading volume surpassed $12.5 billion last week, rapidly growing into the "Nasdaq of the Chain."

May 18th. New data from DefiLlama shows trade.xyz—an on-chain platform focused on TradFi asset perpetual contracts—is reinforcing its leading position in on-chain stocks, indices, commodities, and Pre-IPO perpetual markets. The platform’s total open interest (OI) has surpassed $23.8 billion, with weekly trading volume hitting $12.542 billion and 30-day trading volume reaching $52.014 billion. Its protocol revenue over the past 30 days stands at $1.89 million, further solidifying its dominance in the on-chain TradFi perpetual space. Trade.xyz’s rapid rise is closely tied to its innovative pricing mechanisms. For example, Pre-IPO perpetual contracts lack consistent external pricing, so the platform has adopted an "Internal Impact Price + EMA Dynamic Smoothing" system. Once the underlying assets go public, it seamlessly switches to external oracle pricing, enabling true 24/7 price discovery. During recent CBRS-related events, trade.xyz’s Pre-IPO prices accurately reflected post-IPO marke

11 minutes ago