GLOW_PK

🔐 SECURITY:
A suspected oracle compromise has forced Switchboard to halt its Move-based deployments across Aptos, Sui, IOTA, and Movement.

According to Virtue, a manipulated IOTA price feed allegedly allowed 4.94M VUSD to be minted and triggered 47 liquidations.

This is another reminder that in DeFi, the smart contract itself is only as reliable as the data it receives.

Oracle infrastructure sits at a critical point between the real world and onchain markets.

If the data feed is manipulated, even perfectly written smart contracts can execute the wrong actions—minting, liquidations, and c

📊 DATA:
UK crypto investors declared £1.38B in gains for 2024–25—but the distribution tells a much bigger story.

Just 240 individuals accounted for £717M, meaning a tiny group generated more than half of all declared crypto gains.

The real shift is still ahead: from 2027, CARF reporting will give HMRC access to platform data, making it much harder to rely solely on self-reported numbers.

Crypto taxation is moving from trust-based reporting to data-driven verification.

Will this bring more transparency—or simply push investors toward greater privacy? 👀

#Crypto #Bitcoin #CryptoNews #Bloc

📊 DATA:
Coinbase’s US500 futures generated $104M in turnover during launch week—but the real story starts after the initial hype fades.

A later snapshot showed just $7.22M in 24-hour volume and $3.01M in open interest.

That doesn’t necessarily mean demand is weak. New products often see a launch spike before the market decides whether they deserve lasting liquidity.

Now, the key metrics are simple: can volume recover consistently, can open interest grow, and can liquidity remain strong beyond the first wave of attention?

Launch numbers create headlines. Persistence builds a market. 👀

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📊 DATA:
IREN is making a major push toward AI—but Bitcoin mining still generates 81.8% of its annual revenue.

The company reported a $638.8M non-cash impairment, largely linked to retiring mining equipment as it shifts infrastructure toward AI.

Here’s the interesting part: IREN has announced a $4B contracted AI run rate, but only around $1B is currently operational.

That leaves a significant execution gap.

The AI opportunity is huge, but future growth still depends on successful delivery, commissioning, and customer acceptance.

For now, Bitcoin mining remains the engine. AI is the bet o

🔐 SECURITY:
Deribit is ending its daily public Proof of Reserves after moving around 90% of client assets into Coinbase custody arrangements.

The important part isn’t just where the assets are held—it’s what users lose in the process.

Regulatory reserve checks will still exist, but customers will no longer have access to daily Merkle-based verification they could independently check themselves.

This creates an interesting trade-off: institutional custody may offer stronger infrastructure, but public transparency takes a step back.

In crypto, trust is important—but the ability to verify i

Genius Group is attempting one of the most ambitious Bitcoin treasury rebuilds I’ve seen recently.

After selling its entire BTC position to repay debt, the company now wants to build back toward an $827M Bitcoin treasury.

But here’s the reality check: its first proposed raise is only $12.5M — roughly 1.5% of that target.

And not all of that capital is even going directly into Bitcoin. The funds are expected to be split between BTC, AI assets, and a cash reserve.

The ambition is huge. The starting point is tiny.

Rebuilding a treasury is one thing. Rebuilding investor confidence and executi

🔐 A security flaw can become far more dangerous when the initial risk assessment is wrong.

Cosmos Labs reportedly underestimated a critical vulnerability back in April, and the consequences became clear months later.

The flaw was eventually exploited across 6 different chains, with attackers moving around $5.7M through DEXs and centralized platforms.

What stands out to me is that the emergency response eventually reached roughly 40 networks, while 13 other exposed chains managed to patch or halt operations before attackers could exploit them.

This is a reminder that in crypto, the biggest

📊 Capital B’s new €21M raise could add around 270 BTC to its treasury—but the headline number doesn’t tell the full story.

On the surface, adding more Bitcoin sounds bullish.

But when you look at Bitcoin per diluted share, the impact appears much smaller.

The bigger concern is the warrant structure.

If the warrants are fully exercised, BTC per million diluted shares could fall by roughly 24% below its pre-deal level—unless the company adds significantly more Bitcoin to offset the dilution.

This is exactly why treasury headlines should not be judged by how much BTC a company buys alone.