The asset has also touched its electrical cost for the fifth time in history, which is typically a bullish signal. Bitcoin’s crash to just under $60,000 meant that the asset had lost over 53% of its value since the all-time high marked in October last year. Although this correction is not as painful as…
Ethereum’s well-known MEV bot JaredFromSubway was drained after an attacker used contracts that made its automated trading system grant token approvals, according to Blockaid. Summary Blockaid says attacker-controlled contracts tricked JaredFromSubway’s automated system into granting approvals later used for draining. Jared publicly claimed a $15 million loss, while Blockaid’s public estimate stood near $7.5 million….
CZ believes AI-powered trading and payments could arrive within months rather than years, with crypto as the default rail. Binance founder Changpeng Zhao, known in crypto circles as CZ, has said that AI agents could become one of the industry’s biggest adoption drivers. That, according to him, is because the autonomous software will likely…
Sonic Labs has announced a leadership overhaul after the S token extended its long-running decline, with former chief technology officer Andre Cronje joining two other senior figures in stepping down from the organization’s board. Summary Andre Cronje, Michael Kong, and David Richardson have stepped down from Sonic Labs’ board. Sonic Labs appointed new executives and…
If tokenized assets gain traction under clearer regulations, Grayscale believes that AAVE could emerge as one of DeFi’s biggest beneficiaries. AAVE’s fair value could climb to around $175 within the next year if clearer regulations accelerate the adoption of tokenized real-world assets (RWAs), according to a new report from Grayscale Research. The firm estimates…
Bitcoin has climbed more than 2% to $63,770 after a ceasefire agreement between Israel and Hezbollah helped ease market fears and pushed oil prices toward an 8% weekly decline. Summary Bitcoin price climbed 2.4% as a ceasefire deal and falling oil prices improved risk appetite. A symmetrical triangle breakout above $64,760 could open the door…
Fidelity Investments launched the Fidelity Reserves Digital Fund (FYMXX) on June 15, a government money market fund built specifically to hold stablecoin reserves under the GENIUS Act, joining a growing queue of traditional finance giants racing to own the plumbing of the regulated stablecoin economy. Currently, the total stablecoin market cap sits at over $315Bn,…
The Ethereum network’s growth strategy seems to focus first on winning the adoption race and then on generating fees later. Ethereum’s layer-1 network set all-time highs across every usage metric in Q1 2026, with monthly active users climbing 53.5% quarter-over-quarter to 13.2 million and transaction count reaching 200.4 million, even as ETH’s market cap…
The Philippine SEC has reinforced its support for real-world asset tokenization as four companies, including a tokenized real estate project, advance through its regulatory sandbox. Summary Philippine SEC says existing laws can support tokenized real-world assets and related investment products. Four companies are testing new financial products in the SEC’s Strategic Sandbox, including tokenized real…
Jake Chervinsky has accused CME Group of using a lawsuit against U.S. crypto perpetual futures to protect its position in a market where the exchange reportedly controls about 92% of exchange-traded derivatives volume. Summary Jake Chervinsky called CME’s lawsuit against the CFTC a “shocking miscalculation” and an “unforced error.” Hyperliquid Policy Center cited Better Markets…
