Gnosis Pay has revealed that a software flaw dating back to October 2023 enabled the $1.5 million exploit of its card safe infrastructure, while confirming that all affected users have been fully reimbursed. Summary Gnosis Pay traced its $1.5 million hack to a Zodiac software flaw that had existed since October 2023. The company reimbursed…
Open USD’s unveiling hit early controversy after multiple Korean companies said they only learned about their inclusion through media reports. Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium, despite being listed among its participating organizations. Open Standard, the independent entity behind the stablecoin,…
The CLARITY Act has regained momentum after Senator Bill Hagerty outlined a revised Senate timeline that points to floor action after lawmakers return from the July recess. Summary Bill Hagerty said the Senate could release the final CLARITY Act text this weekend before a post-recess vote. Bloomberg Intelligence now estimates the bill has about a…
Bitcoin bounced from $58,000 toward $62,000 this week, while altcoins recovered and ETF inflows returned. Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around…
Bitwise has strengthened its proposed spot NEAR ETF with a staking feature in a new SEC filing, helping drive NEAR nearly 12% higher as the token broke above a multi-week downtrend. Summary Bitwise has updated its proposed spot NEAR ETF, adding staking while naming NYSE Arca, BNY Mellon, and Coinbase Custody in the filing. NEAR…
The Solana Foundation launched a fully onchain governance system on July 1, 2026, giving validators and SOL stakers a formal, binding mechanism to vote on protocol-level decisions for the first time in the network’s history. The system, called Solana Governance Proposals, or SGPs, is stake-weighted, Merkle-verified, and live at governance.solana.com, according to the Foundation’s announcement….
Persistent token unlocks have added selling pressure, making it harder for traditional altcoin narratives to regain momentum. Tokenized stocks are gaining attention as one of the few areas still attracting capital, with financial services provider BIT arguing in a July 3 report on X that the sector is becoming a rare bright spot as…
Two protocol upgrades turned Hyperliquid from a crypto perpetuals exchange into something closer to an operating system for markets. HIP-3 lets anyone with enough staked HYPE launch a perpetuals exchange for stocks, oil, or gold. HIP-4 adds prediction markets that settle without a token vote. Here is how both work, what they have built so…
In Trump crypto news today, the President’s family made $2.3Bn from four cryptocurrency ventures as of the end of April 2026 while putting up little to no capital of their own – and outside investors lost an equivalent $2.3 billion in the same projects. That is the central finding of a Reuters investigation published on…
For the first time in the tournament’s near-century of history, a crypto exchange sits inside FIFA’s official partner ecosystem. Six billion viewers, sixteen host cities, one industry trying to prove it has outgrown the arena-naming era. Here is what the deal actually is, and what it has to survive. Summary Kraken became FIFA’s first official…
