A surge in violent physical assaults targeting cryptocurrency holders, known as ‘wrench attacks,’ is capturing headlines, with incidents growing in both frequency and brutality. However, a new analysis by Dragonfly partner Haseeb Qureshi suggests that while the absolute number of crimes is up, the underlying risk for the average crypto user has not escalated dramatically compared to previous market cycles, revealing a complex interplay between market value, adoption, and criminal targeting.
about Crypto 'Wrench Attacks' Rising in Violence, But Risk Per User StableDragonfly
0 in Finance and 0 in Crypto last weekBitcoin Nears Breakout: $100K or $75K Ahead?
After six weeks of consolidation, Bitcoin is approaching a critical technical juncture, compressed within a symmetrical triangle pattern that traders believe will soon resolve with a sharp directional move. With the price hovering around $88,500, the market is divided between bullish breakout scenarios targeting $100,000 and bearish breakdowns that could see a drop toward $75,000, all while institutional investors continue to accumulate the asset despite the uncertainty.
about Bitcoin Nears Breakout: $100K or $75K Ahead?Bitcoin $150K Forecast Amid Market Shift: Dragonfly Partner’s 2026 Outlook
Dragonfly Capital partner Haseeb Qureshi has laid out a vision for 2026 where Bitcoin’s price could surge past $150,000 even as its grip on the overall crypto market weakens. This bullish forecast, which anticipates capital rotating into networks like Ethereum and Solana, stands in stark contrast to warnings from other analysts of a prolonged bear market and potential declines toward $64,000. Qureshi’s outlook extends to a pivotal year for corporate adoption, predicting major tech firms will embrace crypto wallets.
about Bitcoin $150K Forecast Amid Market Shift: Dragonfly Partner's 2026 OutlookHaseeb Qureshi: Ethereum’s Valuation Should Mirror Early Amazon
Dragonfly managing partner Haseeb Qureshi has sharpened his defense of Ethereum’s valuation, arguing that critics are using the wrong financial framework. In a recent podcast appearance, he contended that ETH should be analyzed more like an early-stage Amazon than a mature value stock, with blockchain fee revenue treated as pure profit rather than traditional sales. This perspective challenges conventional metrics and reframes the debate around how to properly value foundational layer-1 blockchain technology during its exponential growth phase.
about Haseeb Qureshi: Ethereum's Valuation Should Mirror Early AmazonTelegram Wallet Lists Monad Token for In-App Trading
Wallet in Telegram has partnered with Monad to list its native MON token, enabling users to trade and stake directly within the messaging app. This integration marks Monad’s debut as the first project launched through Coinbase’s new ICO platform, bringing high-performance blockchain technology to Telegram’s global user base of over 140 million wallet users. The collaboration represents a significant step in making sophisticated crypto infrastructure accessible to retail investors worldwide.
about Telegram Wallet Lists Monad Token for In-App TradingZircuit Finance Launches Institutional DeFi Platform
Zircuit Finance has launched a new institutional-grade DeFi platform designed to address critical security and credit risks in decentralized finance. Backed by major investors including Pantera and Dragonfly, the platform offers secure yield strategies starting with stablecoin vaults. This comes amid recent industry setbacks that have eroded confidence in DeFi protocols.
about Zircuit Finance Launches Institutional DeFi PlatformAster Returns to DefiLlama Amid Data Transparency Concerns
DefiLlama has quietly reinstated decentralized exchange Aster to its analytics platform weeks after delisting it over disputed trading data. The return comes with significant gaps in historical data and unresolved questions about data legitimacy, raising transparency concerns across DeFi dashboards and highlighting ongoing challenges in the verification of decentralized finance metrics.
about Aster Returns to DefiLlama Amid Data Transparency ConcernsEthena’s $2B USDe Depeg Exposes Crypto Stablecoin Risks
Ethena’s synthetic dollar USDe lost its dollar peg on Binance, shedding over $2 billion in market capitalization during a flash event that exposed critical vulnerabilities in crypto’s stablecoin infrastructure. The incident, which saw USDe briefly plummet to $0.65 before recovering, occurred amid broader market turmoil triggered by political uncertainty and highlighted the structural risks embedded in synthetic dollar systems. Binance later reimbursed users $283 million for losses, underscoring the severity of the pricing malfunction that rippled through crypto markets.
about Ethena's $2B USDe Depeg Exposes Crypto Stablecoin RisksCrypto Salaries Decline Despite Bitcoin Rally: Dragonfly Report
Crypto industry salaries are falling across nearly all roles and regions despite Bitcoin’s record-breaking performance this year, according to Dragonfly’s latest compensation report. Both cash pay and token incentives have declined as companies prioritize cost discipline and normalize compensation structures, creating a widening gap between executive and staff compensation in what researchers describe as a ‘barbell effect’ across the sector.
about Crypto Salaries Decline Despite Bitcoin Rally: Dragonfly ReportICE Invests $2B in Polymarket at $9B Valuation
Intercontinental Exchange, owner of the New York Stock Exchange, has made a landmark $2 billion investment in prediction market platform Polymarket at a $9 billion valuation, marking the largest single investment in the sector and signaling institutional validation for prediction markets as crypto’s next frontier. The deal positions the emerging sector for mainstream adoption through NYSE infrastructure and global data distribution, following recent regulatory clearance that has already fueled explosive market growth.
about ICE Invests $2B in Polymarket at $9B ValuationDragonfly: Tokenized Equities May Not Boost Crypto
At the TOKEN 2049 conference in Singapore, Dragonfly general partner Rob Hadick delivered a sobering assessment of real-world asset tokenization, suggesting that while tokenized equities will revolutionize traditional finance, they may not deliver the expected benefits to the broader crypto ecosystem. His comments challenge widespread optimism about tokenization being a universal boon for crypto, highlighting potential divergence between TradFi innovation and crypto industry growth.
about Dragonfly: Tokenized Equities May Not Boost CryptoCrypto Rallies on Fed Rate Cut, AVAX & HYPE Lead Gains
Cryptocurrency markets surged broadly following the Federal Reserve’s anticipated quarter-point rate cut. Avalanche (AVAX) and Hyperliquid (HYPE) led altcoin gains, boosted by project-specific developments and improved risk sentiment. Analysts caution that while macro risks have eased, momentum now depends on individual catalysts and could face volatility.
about Crypto Rallies on Fed Rate Cut, AVAX & HYPE Lead Gains