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Verus Ethereum Bridge hacked again for $7.54M after May exploit
The Verus Ethereum Bridge has suffered another exploit, with an attacker draining about $7.54 million in assets from the same contract hit in May
Summary
Verus Ethereum Bridge lost about $7.54 million in a new exploit targeting its import path.
Blockaid says the attack resembles May’s exploit,
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Louisiana pension fund boosts Bitcoin exposure with 21,300 MSTR shares
The Louisiana State Employees’ Retirement System has increased its stake in Strategy, giving the public pension fund more indirect exposure to Bitcoin through the Nasdaq-listed company.
Summary
Louisiana’s pension fund raised its Strategy holding to 21,300 shares, increasing indirect exposure to
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Celsius-backed Bitcoin miner Ionic Digital secures SEC approval for Nasdaq debut
Ionic Digital has secured SEC approval for its registration statement, clearing the final regulatory hurdle before its planned Nasdaq direct listing on July 28.
Summary
Ionic Digital has cleared its final SEC regulatory hurdle ahead of its planned Nasdaq direct listing on July 28.
Existing
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Robinhood Chain nears $9B DEX volume within weeks of launch: FalconX report
Robinhood Chain has attracted $431 million in total value locked and nearly $400 million in stablecoin market capitalization within three weeks of launch, while memecoins have accounted for more than 80% of decentralized exchange activity despite the network’s long-term focus on tokenized
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Ripple veteran regrets selling XRP at $0.10 and Ethereum near $1
Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early XRP and Ethereum holdings, while explaining that risk management drove the decisions rather than a loss of confidence in cryptocurrency.
Summary
David Schwartz says risk aversion drove early XRP and Ethereum
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CLARITY Act gets a boost as Patrick Witt stays at White House
White House crypto adviser Patrick Witt will remain in his post after his scheduled military training was deferred, keeping the administration’s lead CLARITY Act negotiator in Washington during the final weeks before the Senate’s summer break
Summary
Patrick Witt deferred military training, keep
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Celsius co-founders to pay $6.5M as FTC closes fraud claims
Celsius co-founders Shlomi Daniel Leon and Hanoch “Nuke” Goldstein will pay a combined $6.5 million to settle Federal Trade Commission charges tied to the collapsed crypto lender
Summary
Leon and Goldstein will pay $6.5 million combined under separate
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Polymarket refers nearly 100 wallets amid $200M insider-trade concerns
Polymarket has referred nearly 100 suspicious crypto wallets to law enforcement as the prediction market platform expands its monitoring of possible insider trading.
Summary
Polymarket referred nearly 100 suspicious wallets to authorities as insider-trading concerns grew across prediction
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XRP price targets $1.17, but one resistance line blocks the way
XRP price has remained below $1.10 as renewed U.S.-Iran hostilities, surging oil prices, and weakness across technology stocks have kept crypto traders cautious.
Summary
XRP price trades near $1.09 as rising oil prices and geopolitical tensions weigh on crypto sentiment.
A confirmed breakout
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Trump targets Brazil’s Pix as dollar stablecoins gain ground
The United States is preparing to impose a 25% tariff on most Brazilian imports after naming the country’s Pix instant-payment system among trade practices it considers unfair.
Summary
Trump’s new tariff action names Pix as dollar stablecoins dominate Brazil’s fast-growing digital asset
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Coinbase lost touch with crypto-native users, Cobie admits
Coinbase product executive Jordan Fish, better known as Cobie, said the company has become too distant from crypto-native users as questions grow over trust in the Base ecosystem.
Summary
Cobie says Coinbase lost touch with crypto-native users after avoidable mistakes damaged trust across Base.
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Robinhood CEO says trading is not gambling as Trump Accounts launch
Robinhood CEO Vlad Tenev has defended trading against claims that it should be treated as gambling as the brokerage takes on a role in the U.S.
Summary
Robinhood is helping operate Trump Accounts as it seeks deeper ties with younger American investors.
Tenev rejects labeling all trading as gambl
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Keyrock deepens crypto derivatives push with BlockFills deal
Keyrock has completed its acquisition of the trading and brokerage assets of BlockFills’ institutional digital asset business, expanding its reach across crypto market making, over-the-counter trading, options and other capital-market services
Summary
Keyrock acquires BlockFills trading assets,
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JPMorgan sees Strategy cash buildup as positive for Bitcoin outlook
Strategy has strengthened its cash position to $3 billion as JPMorgan has identified the move alongside steady bitcoin futures inflows as positive developments for Bitcoin despite continued volatility in spot ETF demand.
Summary
JPMorgan said Strategy’s larger cash reserves and steady bitcoin fut
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Airbnb CEO Brian Chesky confirms X hack after crypto tokenization posts
Airbnb CEO Brian Chesky has confirmed that hackers compromised his X account earlier this week after the profile published a lengthy thread about blockchain-based real-world asset tokenization
Summary
Brian Chesky confirmed his X account was hacked after it posted a crypto tokenization thread.
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Hyperion DeFi commits 500,000 HYPE to Hyperliquid perpetual listings
Hyperion DeFi has committed 500,000 HYPE tokens to support institutional perpetual futures listings on Hyperliquid through a new agreement with Skew Technologies.
Summary
Hyperion DeFi will deploy 500,000 HYPE tokens to support institutional perpetual futures markets on Hyperliquid.
The agreemen
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California duo accused of laundering crypto from fentanyl and meth sales
A California pair has been indicted on allegations of running a darknet drug operation that prosecutors say generated hundreds of thousands of dollars in cryptocurrency proceeds from fentanyl and methamphetamine sales.
Summary
California prosecutors have charged two people with running a darknet
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