Polymarket hack losses rise to $3.1M as refund pledge faces scrutiny
Polymarket’s latest security incident has grown larger after blockchain intelligence firm AMLBot updated the estimated losses to about $3.1 million. Summary Polymarket’s frontend phishing attack now shows $3.1 million in losses across 11 user wallets. The platform says a compromised…
Tether brings $23B gold push into crypto-backed loans
Tether is expanding the use of Tether Gold as crypto lender Ledn adds support for XAU₮. Summary Tether is expanding XAU₮ utility by bringing tokenized gold into Ledn’s lending platform this year. XAU₮ holders will be able to borrow against…
Q2 2026 Becomes Worst Quarter Ever for Crypto Hacks
Despite the record exploit activity, two major attacks accounted for most of the money lost during the second quarter. According to this week’s report from crypto market tracker CryptoRank, DeFi platforms suffered 121 hacks so far this year, resulting…
What is a digital commodity? CLARITY Act explained
Whether a token is a security or a commodity decides almost everything about how it can be traded, listed, and held in the U.S. In March 2026 regulators called sixteen major tokens “digital commodities,” but only on interpretive footing a…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…
How BulkQuant Reflects the Growing Role of AI Trading Robots
Financial markets are entering a faster and more data-driven phase. Traders today are no longer dealing only with charts, price alerts, and occasional news updates. They are operating in an environment shaped by real-time data, global market reactions, economic reports,…
CoinFello’s Bet on the Future of DeFi (Interview)
DeFi has long promised open and self-custodial finance. But for most users, actually using it still means juggling through wallets, dApps, bridges, pools, approvals, and risks that are very hard to understand in real time, especially for someone who’s relatively…
Zcash eyes 15% drop as price approaches critical $400 support
Zcash has erased most of its mid-June recovery, bringing the privacy coin back to a major support zone as sellers regain control. Summary Zcash has fallen about 15% from recent highs as traders continue reacting to the Orchard vulnerability fallout….
Japan’s SBI Group Flips the Stablecoin Script With $63M-Backed JPYSC Launch
Key Takeaways SBI Shinsei Trust Bank issued JPYSC on June 24, 2026, as Japan’s first Type III trust-backed yen stablecoin. JPYSC carries no transaction caps and allows up to 50% JGB reserves, advantages JPYC cannot match. SBI VC Trade handles…
SecondFi Hack Puts Up to 129M ADA at Risk: What It Means for Cardano
SecondFi, the EMURGO-backed Cardano wallet platform, disclosed a critical security flaw in its native web wallet-generation software on June 23, 2026 – and the damage estimates are still climbing. ADA is trading at approximately $0.15 at press time, down nearly…
Meta Bets on Prediction Markets as It Hunts for Next-Growth Engine (Report)
Arena revives Meta’s earlier attempt at prediction markets after the shutdown of its Forecast app in 2022. Meta is reportedly developing a prediction markets app that it’s calling Arena, which would allow users to place bets on real-world outcomes…
Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
Key Takeaways SpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion. Heavy demand let SpaceX upsize the deal $5 billion above its $20 billion target across five tranches. Proceeds will repay a bridge loan and…
what it means for ETH
One company now holds close to 5% of all the ether that exists, and most of it is staked and off the market. The bull case is a supply squeeze. The bear case is a single buyer propping up a…
Global AML Watchdog FATF is Updating Its Rules for DeFi and Virtual Assets
The Financial Action Task Force (FATF) approved a new targeted update on international virtual asset standards and a separate report on decentralized finance (DeFi) regulatory challenges during its plenary meeting in Paris held from June 17 to 19, 2026. According…
Crypto News Today (June 24): BTC Struggling to Reclaim $63K, THORChain Resumes Trading, and Chainlink Joins Bank Stablecoin Push
In crypto news today (June 24), Bitcoin is struggling to reclaim $63,000, and this weakness has sparked fears that a drop to $60,000 is coming next. Although BTC/USD is stuck in a tight range, Michael Saylor’s Strategy has begun buying…