Crypto

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Crypto

Secret Network Loses $4.67M to Infinite Mint Exploit

An attacker exploited an 'infinite mint' bug in a Secret Network smart contract to create unbacked, wrapped versions of Axelar-wrapped assets, draining $4.67 million. The exploit occurred on June 10 and was discovered on June 17 after a failed cross-chain transaction triggered an 'insufficient funds'

Crypto

Dollar Index on verge of major breakout as bitcoin slips

Bitcoin (BTC $63,927.03) is under pressure for a third straight day, trading near $63,900 and down nearly 1% since midnight UTC. The broader market shows similar losses, with a few exceptions—HASH, XLM and ENA each gained 7% or more. The Dollar Index has gained 0.26%

Crypto

Bitcoin Could Fall Below $24K if U.S. Stock Market Crashes 50%

Technical analyst Jesse Olson warned Bitcoin could tumble by more than 60% to under $24,000 in 2026 if the U.S. stock market suffers a crash exceeding 50%. He posted a two-week Bitcoin chart that points to a $23,980 downside target, derived from a long-term volume-weighted support line

Crypto

Dash Weighs Philippine Entry as Crypto Firms Navigate Regulation

Dash is exploring the Philippines as a potential market for crypto payments, citing demand for lower-cost transactions and the country's openness to digital finance tools. Daria Chernozub, global adoption lead at Dash Blockchain, said the project focuses on emerging markets where users face high fees and need simpler

Crypto

Algorand unveils roadmap for post-quantum security by end-2027

The Algorand Foundation unveiled a roadmap to make its blockchain broadly quantum-resistant by the end of 2027. The plan begins in 2026 with post-quantum accounts, multisignature wallets and staking support, then moves on to protecting core protocol components. The announcement follows moves by other networks, including Ethereum and Solana, to

Crypto

Bitcoin has fallen roughly 50% since STRC launched — is STRC under pressure?

Bitcoin has fallen roughly 50% since Strategy launched Stretch (STRC) in late July 2025, and the funding instrument that was meant to trade near its $100 par is now at a deep discount. STRC hit a record low of $82.53 before closing at $88.59, driving its effective yield

Crypto

Japan Pension Fund Serving 1,200 Firms Plans Crypto Investment

The Nationwide Business Corporate Pension Fund, based in Okayama and serving about 1,200 small and medium-sized businesses, plans to allocate roughly 1% of its assets to cryptocurrency in fiscal year 2026. The pension fund manages about 21.3 billion yen (about $130 million). It will invest through a passive

Crypto

Bitcoin holds near $64,000 as US-Iran ceasefire talks cloud markets

Bitcoin steadied near $64,000 over the weekend, trading around $64,200 as it recovered part of Friday's slide. The token was up 0.9% over 24 hours but roughly flat for the week after falling below $63,000 on Friday, and most major cryptocurrencies firmed alongside it.

Crypto

Ethereum sandwich bot jaredfromsubway.eth drained of more than $7.5 million

An attacker drained more than $7.5 million from the notorious MEV bot jaredfromsubway.eth by turning the bot’s own automated trading logic against it. The bot is well known for sandwich attacks, a form of maximal extractable value that frontruns and backruns pending transactions to capture small profits

Crypto

Bitcoin: Trade the cycle, not dollar-cost average

Dollar-cost averaging is sensible for steadily appreciating assets, but it can be costly for bitcoin. The asset has completed four full market cycles since 2011: a halving cuts new supply, adoption and price accelerate, leverage builds, then the cycle reverses with drawdowns that have historically exceeded 70%. The peak-to-trough loss

Crypto

Bitcoin ETFs Shed a Record $6.4B in 30 Days

US-listed spot Bitcoin exchange-traded funds saw their largest 30-day net outflow since launching in January 2024, with $6.35 billion leaving over the trailing 30 trading days, Galaxy Research found. Last week marked their sixth consecutive week of outflows, leaving cumulative net flows at $53.4 billion, down from a

Crypto

How Strategy’s STRC fell below $83 in five weeks

STRC, the dividend-paying preferred equity issued by bitcoin treasury company Strategy (MSTR) and designed to trade at $100 par, slid to a low of $83 on Thursday — roughly 17% below target and its weakest level since debuting in July 2025. The drop reflected a mix of falling bitcoin prices, a

Crypto

AI is making crypto security cheaper, faster and harder to ignore

The launch of AI-powered security tools like Mythos could dramatically lower the cost of smart contract audits and enable continuous code reviews, potentially changing what the crypto industry considers reasonable security due diligence. The release of Mythos, an AI system designed to autonomously discover vulnerabilities in code, may do more

Crypto

MEV Bot Jaredfromsubway.eth Drained for $7.5M

One of the most successful MEV bots in crypto, Jaredfromsubway.eth, was drained for more than $7.5 million after an attacker exploited the bot’s automated execution systems, the same systems that have generated hundreds of millions over the years. Blockaid said on X the incident occurred Saturday when

Crypto

Bitcoin-to-altcoin Rotation Collapses: Is Altseason Postponed?

Traders are no longer recycling Bitcoin profits into smaller altcoins the way they did in prior bull cycles, and the rotation trend has fallen to its weakest level since 2021. Ki Young Ju of CryptoQuant said the Bitcoin-to-altcoin rotation has "basically disappeared," with BTC-pair altcoin trading volume collapsing

Crypto

EU Consultation Seeks Revisions to MiCA Covering Stablecoins, DeFi

The European Commission opened a comment period in May to gather feedback ahead of revisions to the Markets in Crypto Assets framework, a process some have called “MiCA 2.0.” Industry figures say the update aims to bring greater regulatory clarity for stablecoins, decentralised finance and tokenisation as the EU

Crypto

Ethereum Foundation co-executive director Hsiao-Wei Wang resigns

Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, has stepped down from her role effective immediately. She said a recent sabbatical gave her time to reflect on her priorities and future plans and wrote on X, "I've come to feel that this is the right moment for

Crypto

U.S. agencies propose bank-like customer-ID rules for stablecoins

The Federal Reserve, Treasury Department and other U.S. financial regulators released a draft rule that would require stablecoin issuers to meet the same customer-identification standards that apply to banks and brokerages as part of implementing the GENIUS Act. The proposal says these standards "must include reasonable procedures for:

Crypto

BlackRock: Bitcoin ETF is drawing investors into TradFi

Jay Jacobs, US head of equity ETFs at BlackRock, says the firm's iShares Bitcoin Trust (IBIT) has served as a gateway for new investors into the broader ETF market. He estimates around three-quarters of IBIT holders had never owned an ETF before. Launched in January 2024, IBIT is

Crypto

Ex-Celsius CEO Mashinsky banned from commodities activity by U.S. CFTC

The Commodity Futures Trading Commission has permanently barred Alexander Mashinsky, the imprisoned former CEO of Celsius, from engaging in commodities activity or seeking business with the agency or the trading it oversees. The order, which "permanently restrained, enjoined and prohibited" him from any commodities activity, was recorded in

Crypto

Algorand to Be Quantum Resilient by 2027

Algorand has set a roadmap to update its layer-1 network infrastructure by the end of 2027 to address the potential threat posed by quantum computing. Bruno Martins, the Algorand Foundation’s chief of technology, said the work aims to give the blockchain broad quantum resilience after several years of research

Crypto

Bitcoin falls below $63,000 as risk assets sell off

Bitcoin slipped below $63,000 as a global risk-asset sell-off wiped out gains tied to the U.S.-Iran peace deal. The largest token traded around $62,700, down 1.9% over 24 hours and 1.3% on the week. Ether fell 2.3% to $1,695, XRP dropped 3.

Crypto

Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery

Two brothers, Isiah Angelo Garcia and Raymond Christian Garcia, pleaded guilty to Interference with Commerce by Robbery after an armed attack that netted $8 million in cryptocurrency. The defendants face a maximum of 20 years in federal prison. “The guilty pleas entered today reflect our commitment to holding the defendants

Crypto

Bitcoin traders pile into bearish put bets down to $52,000

Traders are loading up on short- and near-dated put options on Deribit, positioning for a deeper slide that could push bitcoin toward $52,000 in the coming weeks. Data tracked by Laevitas shows heavy buying across expirations from June 22 to July 31, including June 22 $61,500 puts (337

Crypto

Former Ethereum Contributor Warns of 'Slow-Burning' Funding Crisis

Former Ethereum Foundation contributor Trenton Van Epps warned in a blog post on Thursday that the network faces a core development funding crisis and will need new funding sources within three to nine months. He wrote the foundation's spending reduction and the April expiration of the Client Incentive