SudoSoul

According to a report from BiQuan, based on monitoring of A’s early issuance, a user suffered two thefts after failing to revoke a malicious permit authorization, with a total loss of 77,405 USDC. The user was first targeted by a phishing attack after signing the malicious permit transaction 183 days ago, resulting in a loss of 1,625 USDC. Afterward, the related authorization was not revoked, leading to another theft of 75,780 USDC.

Bitcoin is currently around $63,000, down about 1.5% over the past 24 hours. U.S. spot Bitcoin ETFs saw net inflows of more than $90 million last week, with July 10 recording a single-day net inflow of $90.4 million, indicating a strong week. Federal Reserve signals and U.S. inflation data still dominate the macro variables; if rate-cut expectations strengthen and real yields fall, risk assets may benefit. Net inflows into ETFs over the coming days will be the focus. Over the past seven days, it is down 0.3%, facing resistance at $64,000. Key support is at $62,500; if it breaks, it could test $61,000.

Crypto news from Coin World: Mojtaba Khamenei made his first public appearance as Iran’s Supreme Leader, an action that may signal a shift in Iran’s leadership in terms of visibility and security strategy, which could in turn affect market dynamics.

Nigeria’s dollar-denominated stock market returns reached 68%, exceeding South Korea’s KOSPI at 66%, making it the world’s strongest stock market (data covers 92 exchanges). The rise was driven by economic reforms, higher oil prices, and improved foreign-exchange liquidity. South Korea has seen bigger fluctuations due to its reliance on semiconductor and AI stocks; it fell about 22% from its June 19 peak, and this week entered a technical bear market with underperformance.

The EU plans to revise MiCA to address the impact of the US GENIUS Act, focusing on regulating stablecoins issued outside the EU and providing legal clarity for US stablecoin issuers to operate across the 27 EU member states. The relevant framework update is under consultation, with the public comment period running until August 31. Beginning in July, ESMA will conduct a continuous assessment of operational resilience and custody risks for licensed crypto-asset service providers through the first half of 2027, with a focus on protecting clients’ assets and managing operational disruptions.

CME Bitcoin market sees extreme positioning: asset managers' net long positions drop to $800 million, the lowest since the launch of spot ETFs; institutional long/short ratio at 1.97:1, confidence falls to post-ETF low. Hedge funds' net short positions decrease by 67.5%, leveraged funds' net short positions hit a 52-week low, with shorts falling to $3.53 billion. Crazzyblockk says funds are unwinding basis trades, with leveraged funds mainly using cash for arbitrage.

CoinWorld News: The Cardano ecosystem has seen several major developments over the past week, including the official launch of the Leios public testnet on June 23. This protocol is regarded as one of the most important technological milestones for the Cardano network in years. This upgrade is expected to increase Cardano’s transaction throughput to 65 times. The mainnet hard fork is planned for November 2026. In addition, Cardano’s community funding initiative, Project Catalyst, will restart in August, providing a grant pool of 2 million ADA, aiming to support projects centered on new technologies. Meanwhile, Alphagrowth has introduced a proposal called Prime, planning to request 12 million ADA to accelerate the adoption of Cardano’s decentralized finance (DeFi).

CoinWorld News, according to Whale Alert’s monitoring, 865 BTC (approximately $51.9125 million) has just been transferred from Coinbase Institutional to an unknown wallet.

$BTC Short Liquidation Delta
SLD spiked to -10b less than 24 hours after a neutral FOMC meeting.
Buy the Rumor, Sell the News
Bears are firmly in control right now.
Long positions are unsafe until descending trendline is reclaimed.

CryptoWorld News reports that multiple Middle Eastern media outlets, including Iran's Mehr News Agency, Islamic Republic News Agency, and Fars News Agency, have reported that Israeli artillery units have once again attacked the Rachbe area in Nabatieh city in southern Lebanon. Witnesses on the scene stated that Hezbollah and Israeli forces engaged in fierce clashes along multiple fronts in southern Lebanon. Hezbollah has reportedly destroyed at least five military vehicles. It is also claimed that four Israeli helicopters were dispatched to the area to airlift the wounded.