SYS Drops 20% After 5B Unauthorized Tokens Minted in Syscoin Bridge Exploit
Syscoin paused its bridge immediately and urged exchanges to freeze deposits connected to the tainted transaction trail. An attacker exploited a validation flaw in Syscoin’s bridge system, minting about 5 billion SYS tokens without authorization and sending the token’s…
Zcash founder outlines two-step response to critical Orchard vulnerability
Josh Swihart has detailed Zcash’s emergency response to a vulnerability that could have enabled unlimited counterfeit ZEC creation, as the token has recovered more than 41% from its post-disclosure low. Summary Zcash deployed a soft fork and a hard fork…
Judge pauses lawsuit involving 3.8 million Bitcoin held in dormant wallets
A New York judge has halted proceedings in a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets, delaying any attempt to secure a default judgment before a July 14 court hearing. Summary A New York judge has paused a lawsuit…
Ripple’s XRP Reclaims Key Support, Bitcoin (BTC) Eyes $63K: Weekend Watch
LAB, H, and BEAT are today’s top gainers, having surged by double digits. Bitcoin’s price recovery from the Friday calamity to under $60,000 has continued in the past 24 hours, with the asset climbing toward $63,000. Most larger-cap altcoins…
Can you buy a house with Bitcoin? The Fannie Mae order
For the first time, the United States housing system is preparing to count your Bitcoin as a real asset when you apply for a mortgage, without making you sell it first. Summary Fannie Mae and Freddie Mac are moving toward…
Will BTC Inevitably Lose the $60K Support?
And the answer from the new and improved version gave us some hope. Bear market comments and speculations have returned to the cryptocurrency space as bitcoin erased over $400 billion from its market cap in weeks, going down from…
Crypto spot volume falls to $679B as retail demand weakens
Centralized crypto exchange spot volume fell to $679 billion in April 2026, marking its lowest monthly level since October 2023, according to CryptoQuant data cited by Wu Blockchain. Summary CryptoQuant data shows centralized exchange spot volume fell to $679 billion…
Coinbase Launches Pre-IPO Perpetual Futures with SpaceX as First Asset
Open positions will automatically transition into standard SpaceX perp contracts when the company completes an IPO. Coinbase announced earlier this week that it has launched pre-IPO perpetual futures contracts, with SpaceX as the first available asset, opening the product…
Bitcoin open interest rises as price drop raises Squeeze risk
Bitcoin traders are watching a tense derivatives setup after on-chain analyst Maartunn pointed to a drop in BTC price while open interest moved higher. Summary Bitcoin’s price fell while open interest climbed, showing traders added leverage during market weakness. Rising…
TradFi Futures Surge on Crypto Exchanges as Spot Trading Slows: CryptoQuant
The uptick in TradFi perpetual futures activity is driven by rising demand for gold, silver, and oil amid ongoing geopolitical tensions. In the latest edition of the weekly CryptoQuant report, analysts have revealed a surge in traditional finance (TradFi)…
