Ostium has halted trading after an exploit tied to a compromised oracle signer key drained nearly $18 million USDC from its liquidity vault, according to blockchain security firm Blockaid. Summary Blockaid linked Ostium’s $18 million exploit to a compromised oracle signer key. The attacker drained up to 28% of the protocol’s $63 million liquidity vault….
Armstrong’s poll shows how uncertain traders are, with the Bitcoin community offering no clear consensus on whether the bottom is in or not. Coinbase CEO Brian Armstrong sparked debate over Bitcoin’s direction on July 14 after asking X users whether the OG cryptocurrency has already reached its market bottom. The poll quickly drew thousands…
Senate Democrats have intensified scrutiny of Acting U.S. Attorney General Todd Blanche during his confirmation hearing, accusing him of weakening crypto enforcement while President Donald Trump’s digital asset businesses have expanded. Summary Dick Durbin accused Todd Blanche of dismantling DOJ crypto enforcement to benefit Trump’s crypto businesses. Senate Democrats linked Blanche’s nomination to demands for…
A new academic study has found that Polymarket’s five-minute Bitcoin prediction contracts have created incentives for sophisticated traders to manipulate spot prices and profit at the expense of ordinary participants. Summary Stanford researchers link Polymarket’s five-minute Bitcoin markets to settlement-price manipulation. The study estimates about $1.28 million shifted from retail traders to sophisticated participants. Researchers…
US authorities froze over $130 million, while renewed strikes and a naval blockade intensified regional tensions. The United States has frozen more than $130 million in crypto assets linked to Iran as hostilities in the Middle East continue to intensify. US Treasury Secretary Scott Bessent took to X to confirm that the Treasury Department’s…
Base creator Jesse Pollak has acknowledged that the network’s multi-year bet on onchain social products did not deliver the expected growth and has redirected Base toward trading, payments, and AI-powered financial infrastructure. Summary Jesse Pollak admitted Base’s onchain social strategy failed to drive expected crypto adoption. Base will prioritize trading, stablecoin payments, and AI agent…
Martinez warned that the bullish outlook would be invalidated if the price slips under $60. Solana (SOL) joined the broader crypto rebound after cooling US inflation data, climbing back toward $80. According to some analysts, this could be the beginning of a more substantial rally that might push the price well beyond the psychological…
SpaceX stock has steadied above its IPO price after Needham raised its price target to $250 despite growing warnings that an AI stock bubble could threaten financial markets. Summary Needham raised its SpaceX price target to $250 and maintained a buy rating despite growing AI bubble concerns. Bank of England Governor David Bailey warned an…
In Bitcoin news today, Taiwanese legislator Dr. Ko Ju-chun has put a concrete probability on something most sovereigns still won’t discuss in public: he gives Taiwan roughly an 80% chance of establishing a strategic Bitcoin reserve within five years. This prediction rises to near-certainty within ten years, provided the island’s politics shift in the right…
Schiff warned that BTC could fall below $50,000 if current support fails and eventually bottom out between $30,000 and $20,000. Peter Schiff renewed his long-running criticism of Bitcoin (BTC) on the July 15 episode of “The Peter Schiff Show,” arguing that investors who hold the asset near its current price will eventually regret not…
