DeFi
BounceBit to sunset blockchain, migrate to BNB Chain after $3 million exploit
The attacker transferred approximately 286.5 million BB from nine wallets before block production was eventually halted.
Crypto Ecosystems
14 articles
Bitcoin
Strategy shares hit two-month high as STRC rebounds toward $100 alongside bitcoin
Amid a two-month puase on BTC buys, Strategy shares (MSTR) rallied alongside bitcoin as STRC continued its recovery toward its $100 target.
AI adoption in crypto crime rose 40% over the past year, TRM Labs says
Crypto hackers are quickly picking up on AI developments to discover overlooked vulnerabilities and infiltrate IT firms, the report said.
Crypto is still in ‘winter’ price-wise but it’s an ‘institutional summer,’ STS Digital CEO says
STS Digital CEO Maxime Seiler says token prices have lagged institutional adoption as bitcoin futures basis converges toward risk-free rates.
Bitcoin
Bitcoin surge toward $80K points to liquidity-driven momentum shift as ETF flows rebound: Bernstein
U.S. spot bitcoin ETF flows have also rebounded, while Strategy's bitcoin holdings are now back above their average purchase price.
Avalanche’s Nahas: Token prices are down, but ‘I’ve never seen more opportunities’ in crypto
Ava Labs CBO John Nahas says crypto prices are down, but real-world adoption is creating more opportunities across the sector.
Anchorage CEO says AI agents need bank accounts for ‘The Jetsons’-like future
The firm has built an agentic banking platform with a 'know-your-agent' setup to facilitate AI-driven transactions.
South Korea’s Shinhan partners with Solana Foundation, Etherfuse, Orca for tokenized fund issuance
The agreement covers a proof-of-concept for the issuance and distribution of a Korean won-denominated tokenized fund.
DeFi
MANTRA freezes all transactions and network following incident
MANTRA Chain halted the network and all transactions after discovering an incident related to its Cosmos EVM module.
CME CEO Terrence Duffy trades barbs with CFTC’s Selig and Kalshi’s COO over prediction market oversight
A CFTC ommittee meeting exposed a sharp divide between the worlds of traditional finance and prediction market platforms.
Kraken parent Payward explores becoming a ‘full bank’ outside the US
Payward is expanding across banking, lending and asset management, with mortgages a future possibility.
Tokenization
Ondo executive says tokenization is following the same path as early ETFs
The firm hopes that passage of the Clarity Act will help open the door for it to offer tokenized products in the U.S.
Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze
Analysts say the move is supported by spot and ETF demand, though BTC will need to hold above $70k to show the rally can outlast the squeeze.
‘Star Wars vibes:’ Chainlink’s McCormick sees AI agents, robots driving blockchain transactions
McCormick expects a multi-chain future as AI lowers the cost of creating new blockchain networks, increasing the need for interoperability.