What are cross-chain bridges? Why they keep getting hacked
Blockchains cannot talk to each other on their own. Bridges are the software that moves value between them, and they have leaked more money to hackers than any other kind of crypto infrastructure, billions across a handful of catastrophic breaches….
BONK DAO Loses $20 Million After Attacker Buys Governance Vote to Drain Treasury
A governance exploit has cost the BonkDAO treasury an estimated $20 million, after an attacker spent roughly $4.4 million acquiring enough BONK tokens to push through a malicious proposal that automatically transferred the funds to a wallet under their control….
XRP Ripple Explodes In Korea: XRP Volumes Detonate BTC and ETH on Upbit
XRP Ripple has reclaimed the top spot on Upbit, South Korea’s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same venue. Roughly 10% of Upbit’s entire $493.74M daily crypto…
How 100-Degree Temps Impacted Bitcoin Mining
Key Takeaways On June 30, the Energy Department issued emergency orders to the PJM grid to prevent blackouts. High power prices forced Bitcoin miners to curtail operations, cutting global hashrate. Investors are tracking PJM grid data and hashrate trends ahead…
ETH’s Path Beyond $2K Depends on This One Condition: Analyst
Another analyst outlined an ‘insane’ correlation between ETH and the copper/gold chart. Ethereum’s slow and gradual rebound from the $1,500 lows reached recently continues, but the asset is now testing one of the most important resistance lines on its…
Inside the biggest rebuild since merge
Vitalik Buterin says almost every major piece of Ethereum will be replaced over the next three to four years: the cryptography, the execution engine, the storage model, the verification itself. The plan lands with ether down 60 percent from its…
Bitcoin Bottom Signal Last Seen at FTX Collapse Flashes as Saylor’s Strategy Dumps 3,588 BTC
Key Takeaways Cryptoquant said bitcoin’s realized P/L ratio hit -0.35, its lowest reading since December 2022 after FTX fell. The signal flashed as Strategy sold 3,588 BTC for $216 million and bitcoin rebounded above $64,000 on July 7. Swan Bitcoin’s…
Crypto News Today (July 7): BTC Heading Toward $70K? $20M BONK Hack, and Ripple Gains Full MiCA Compliance
In crypto news today (July 7), Bitcoin has surged, sitting comfortably above $63,000 and up +0.7% in the past 24 hours. Liquidations have picked up, with over $532M in positions blown up since yesterday, and interestingly, the split is almost…
Bitcoin Suisse Advances Middle East Expansion, Receives Financial Services Permission in Abu Dhabi
[PRESS RELEASE – Zug, Switzerland, July 7th, 2026] Premium virtual assets pioneer BTCS (Middle East) Ltd. is now fully authorized by the Financial Services Regulatory Authority (FSRA) of ADGM, enabling regulated institutional services across the UAE. Building on its position…
Strategy’s $216M Bitcoin Sale ‘Reduces Tail Risk’ and Could Help BTC Find a Durable Bottom
Key Takeaways Grayscale said Strategy’s $216M bitcoin sale lifted dollar reserves to cover about 17 months of dividends. Strategy sold 3,588 BTC between June 29 and July 5, leaving 843,775 BTC and $2.55 billion in cash on hand. Grayscale’s Zach…
