EU Parliament Committee Backs DeFi, Staking and NFT Regulation Review
EU Parliament's ECON committee approved a non-binding report urging the Commission to assess DeFi, staking and NFT regulation. Parliament vote expected July 7.
News - Page 38
37,806 ETH Exit Dormancy: All ETH Whale Cohorts Underwater for First Time Since 2019
Four Ethereum wallets dormant since 2017 sold 33,623 ETH for $52.5M. First time since 2019, all major ETH whale cohorts sit on negative unrealized profit.
Hyperliquid Added to Singapore's MAS Investor Alert List
Singapore's MAS added Hyperliquid to its Investor Alert List for operating without a license. The UK FCA issued a similar warning three weeks earlier.
AscendEX: ZachXBT Questions Reserves as Withdrawal Delays Emerge
Crypto investigator ZachXBT flagged concerns over AscendEX reserve composition. Several users reported withdrawal delays from the exchange on June 26.
Tether Flips Ethereum by Market Cap as ETH Falls to $1,510
USDT (Tether, $186B) overtook Ethereum ($185B) by market cap on June 26 as ETH fell 5.2% to $1,510. Stablecoins now hold second place in global crypto rankings.
Polymarket $2.9M Theft via Supply Chain Attack
Polymarket confirmed a $2.9M theft after attackers injected a malicious script via a compromised third-party vendor. All affected users will be fully refunded.
Europol Freezes $47M in Crypto: Operation Endgame Takes Down Three Infostealers
Europol froze $47M in criminal crypto in Operation Endgame, dismantling SocGholish, Amadey, and StealC malware targeting MetaMask wallets.
SBI Acquires Bitbank for $289M to Lead Japan's Crypto Market
SBI Holdings acquires Bitbank for $289M, gaining 100% control and 2.92M crypto accounts to become Japan's largest exchange by assets under custody.
Abracadabra: MIM Stablecoin Crashes 50% Below Dollar Peg
Abracadabra's MIM stablecoin dropped to $0.49, half its $1 target. We explain how the Cauldron lending system works and why the depeg happened.