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① Taiko completes the final restoration phase and reopens the Ethereum bridge after a $1.7 million exploit
Taiko, Ethereum’s Layer 2 network, has resumed operations after its bridge was reopened nearly two weeks after a security vulnerability led to the theft of up to $1.7 million in crypto assets. The project announced on Thursday that users can transfer assets between Ethereum and Taiko again
② Senator Lummis defends the CLARITY Act, pushing back on Warren’s criticism over crypto-crime concerns
U.S. Senator Cynthia Lummis defended the Digital Asset Market Transparency Act after Senator Elizabeth Warren criticized the bill, saying it could weaken efforts to combat illegal financing through cryptocurrency. The debate unfolded on X, where Warren claimed the proposed crypto market
③ AVAX reserve value falls as Avalanche Treasury plunges 73%
Avalanche’s treasury bonds have collapsed. Down 73% since it listed, the company is now trying to convince anyone…
④ Robinhood launches an AI-native chain and stock tokens in 120+ countries, with crypto yield at 7%
Key takeaways: Robinhood Chain’s public mainnet is now live, bringing an AI-native Layer 2 network for DeFi and tokenized assets. In addition to Robinhood Earn, it offers roughly 7% yield. After Robinhood rolled out its AI-native chain, stock tokens and a 7% crypto yield appeared in 120+ countries for the first time
⑤ Metaplanet adds 2,823 Bitcoin in Q2 as buying pace cools after purchasing Pace
The Japanese company’s 43,000-BTC holdings are now far below its cost basis, and it relies on debt rather than equity to keep buying
⑥ Every setup says Dogecoin is due for a huge rebound: One hurdle could trigger the next leg higher
After rebounding from recent lows, Dogecoin is trading around $0.074, but it still remains below a key resistance level. What comes next? The post “Every setup says Dogecoin is due for a huge rebound: One hurdle could trigger the next leg higher” first appeared on Cryptonews.
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