Teleprompter Operator Accused in Kalshi Betting Case Is No Longer a Federal Employee
A White House teleprompter operator at the center of Trump speech betting allegations is out of government. White House teleprompter operator Gabriel Perez is no longer employed by the federal government after being placed on unpaid leave over allegations…
Bitcoin ETFs gain fresh case after $89M Coldcard drain
Bloomberg Intelligence senior ETF analyst Eric Balchunas said on Aug. 2 that the Coldcard security failure strengthens the case for U.S. spot Bitcoin ETFs, especially for investors who want long-term price exposure without managing private keys. Summary Galaxy traced 1,367.05…
PayPal Betting Big on Stablecoins After Disclosing Q2 Results
PayPal processed a record $486.4 billion in payments during the second quarter and created a dedicated crypto division as it expands its digital asset strategy. PayPal has reported $486.4 billion in total payment volume for the second quarter on…
XRP Ledger urges node upgrade after manifest flood
Ripple Director of Engineering Vijay Khanna urged XRP Ledger node operators on Aug. 2 to install xrpld version 3.2.1 after developers observed a validator manifest flood on July 31. Summary July 31 manifest flooding prompted xrpld 3.2.1 while XRP Ledger…
Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools
Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit. Cross-chain stablecoin bridge, Allbridge Core, suffered a security exploit that resulted in losses of approximately $1.65 million, according to blockchain security firm PeckShield. The firm said…
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…
JPMorgan Crypto Revolution: Will Tokenized Deposits Kill Stablecoins?
In JPMorgan crypto news, the bank, alongside Chase, Citigroup, Bank of America, and Wells Fargo, has confirmed plans to build a shared tokenized deposit network through The Clearing House, the real-time payments company they collectively own, with a target launch…
HYPE Whales Pull $64.9M off Exchanges as One Trader’s $46.5M Short Bet Backfires
Key Takeaways One wallet pulled 902,317 HYPE worth $64.9M off exchanges over the 72 hours, signaling accumulation. Trader loracle.hl, down $46.46M shorting HYPE, flipped long and lost a further $840,000. Whale withdrawals to staking cut liquid HYPE supply even as…
Altcoin Massacre Triggers $1.2B in Liquidations as ETH Tanks Below $1.7K and ZEC Gets Smashed
ZEC is down by 50% in just a day after a recently uncovered vulnerability. The wild cryptocurrency market moves continue as most assets have produced even higher fluctuations in the past several hours, which has inevitably harmed over-leveraged traders….
Casual Degen Web3 Gaming Category Gets New Title in Ragnarok Breaker
YGG Play, the game publishing division of Yield Guild Games, announced that pre-registration for its upcoming web-based title, Ragnarok Breaker, will open on Friday, June 5, 2026. The browser-based, wave-survival roguelike auto-shooter is developed by Planetarium Labs and is the…
Cardano price drops 39% in a month as active addresses hit 4-month high
Cardano price fell near $0.16 on June 5 as ADA extended its selloff and reached levels last seen around late 2020, while social activity and on-chain usage rose during the market stress. Summary Cardano price fell near $0.16 as ADA…
Zcash Patches Critical Bug Enabling Unlimited Counterfeit ZEC Minting as Price Crashes 41%
Key Takeaways Researcher Taylor Hornby found an Orchard flaw on May 29 that could mint unlimited counterfeit ZEC. ZEC dropped more than 40% over the past 24 hours as holders weighed whether fake coins had entered the shielded pool. Zcash…
Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?
The end of another week has arrived, meaning more crypto options are expiring while spot markets have fallen to their lowest levels in months. Around 26,000 Bitcoin options contracts will expire on Friday, June 5, with a notional value…
Binance Research sees $2T equity wave from crypto exchanges
Binance Research said crypto exchanges may become a major gateway into global stock markets, as stablecoins and tokenized equities reduce old barriers around cost, access, settlement, and brokerage reach in underbanked regions worldwide. Summary Binance sees crypto exchanges routing 300…
Trade Report Claims Instant Payment System Restricts American Commerce
Key Takeaways Citing Section 301, the USTR claims Brazil’s Pix hurts US market firms, proposing tariff actions against it. After 7 billion April transactions, Lula defends Pix’s market dominance and will next block changes. Ahead of October’s polls, Flavio Bolsonaro…
BTC’s 50% Drop Could Be Setting Up a 2017-Style Altcoin Rally
Comparisons are being drawn to 2017, when altcoins surged after BTC stabilized following a steep decline from its all-time high. Bitcoin (BTC) dropped below $62,000 on June 4, with the move coinciding with the first meaningful pullback in the…