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Meme Coin 'Lobster' Market Cap Surpasses $14 Million, Up 26% in 24 Hours

2026.06.16 12:10:47

June 16 — According to monitoring from GMGN, the Chinese meme coin "Lobster" on the Binance Smart Chain (BSC) has been steadily rising this month. Its market cap surpassed $14 million today, hitting a near two-month high. The token recorded a 26% gain in the past 24 hours, with trading volume totaling $1.3 million over that same period. Cumulatively, it has surged 133% so far this month. BlockBeats Note: Meme coins are extremely volatile, driven almost entirely by market sentiment and hype, with no tangible underlying value or practical utility. Investors should fully understand the associated risks before engaging with such assets.
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Coldcard Wallet Alleged Vulnerability Leads to Theft of Over $38 Million Worth of Bitcoin

According to monitoring by Lookonchain, a vulnerability in the Coldcard wallet has led to the transfer of funds from approximately 500 wallets to the address bc1qnk, involving a total of 594.48 Bitcoin worth roughly $38.2 million.

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Apple's stock fell more than 6% in pre-market trading.

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$38M stolen via Coldcard vulnerability affecting 500 wallets, 594.48 $BTC

More than $38M has been stolen due to a Coldcard wallet vulnerability.?? Funds from around 500 wallets were transferred to wallet bc1qnk, totaling 594.48 $BTC ($38.2M). Stay safe.

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JPMorgan Chase cuts Reddit's price target to $185.

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James Wynn's 50x SP500 short partially liquidated, $1.23M position remains

James Wynn(@JamesWynnReal)'s 50x #SP500 short was partially liquidated again 4 hours ago. Current position: 164.96 xyz:SP500 ($1.23M) New liquidation price: $7,484.48

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James Wynn partially liquidated his 50x short position on the S&P 500 index again, with the remaining position valued at $1.23 million.

According to monitoring by lookonchain, well-known trader James Wynn (@JamesWynnReal) partially closed his 50x S&P 500 index short position again four hours ago. His remaining position now stands at 164.96 shares of xyz:SP500, valued at approximately $1.23 million. The partial close was executed at a price of $7484.48.

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