Trader loses $2M in ‘same-block backrun extraction’ exploit
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.…
Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI
Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable. Source：Cointelegraph
Strategy’s Bitcoin sale may give BTC a ‘durable bottom,’ Grayscale says
“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks.…
Trump says he became ‘a big crypto guy’ partly for politics
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.” Source：Cointelegraph
L1s face decentralization 'tug-of-war' as adoption grows: Injective CEO
Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said.…
US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg
The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a…
Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Source：Cointelegraph
Bitcoin recovers from Strategy's BTC sale, funding rates hit 9%: Are bulls back?
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Source：Cointelegraph
BonkDAO reports $20M theft from ‘malicious governance proposal’
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those…
Ripple secures full MiCA license for crypto services across Europe
The Luxembourg approval completes the company's MiCA licensing process, enabling it to provide regulated cryptoasset services across the European Economic…
SEC Names Paul Knight as Chief Operating Officer
The Securities and Exchange Commission today announced that Paul Knight has been named as the agency’s Chief Operating Officer (COO).As COO, Mr. Knight will…
Bitmine announces $74M Ether buys as chair says ‘greater chances of Clarity Act passage’
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday.…