On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million. Security Firms Flag Breach Blockchain security firms reported Monday, July 6, a major security breach targeting Summer Finance, a decentralized finance ( DeFi) yield optimization protocol. According […]
Institutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]
Musk reiterated today that orbital data centers are the endgame for artificial intelligence (AI) infrastructure, as SpaceX races to build satellites that would deliver 1 gigawatt (GW) of space-based compute per year by late 2027. “Space is the Only Way to Scale at Scale” He first declared the same earlier in February, when his AI […]
After reaching a high of $63,945 per bitcoin a day earlier, BTC has since tumbled to a Monday low of $61,246 after Strategy disclosed the sale of 3,588 bitcoin. Strategy’s Biggest Bitcoin Sale Jolts the Market As the old saying goes, all good things eventually end, and what climbs often finds its way back down. […]
Prediction-market traders moved nearly $460 million combined across Kalshi and Polymarket on England’s 3-2 round-of-16 win over Mexico. Seen as one of the best matches of the World Cup so far, the two-goal swings, the red card, and the dueling penalties whipsawed England’s win probability before it settled at 100%. The handle on this single […]
XRP’s institutional outlook is strengthening after Ripple received full Crypto Asset Service Provider authorization under the European Union’s Markets in Crypto-Assets (MiCA) framework, giving Ripple regulated access across the 30-country European Economic Area. Why Ripple’s European Approval Strengthens XRP’s Setup Ripple’s newly secured Crypto Asset Service Provider (CASP) license reduces regulatory fragmentation across Europe, replacing […]
Artweaver is a painting application for artists but also for beginners starting to paint or just to edit pictures. Read more…
Spot bitcoin ETFs recorded $5.4 billion in net outflows in the first half of 2026, marking their first negative half-year since launch. DWF Labs says the reversal reflects weaker crypto sentiment as capital and attention shift toward AI. DWF Labs Says AI Boom Coincides With Bitcoin ETFs’ First $5.4 Billion Half-Year Loss Spot bitcoin exchange-traded […]
Strategy sold 3,588 bitcoin for $216 million to cover dividend payments on its preferred stock, according to a Monday morning post from co-founder Michael Saylor. The sale brings Strategy’s bitcoin reserve down to 843,775 BTC as of July 5, 2026. The company also holds $2.55 billion in cash reserves, Saylor remarked. Saylor confirmed the money […]
Nigeria’s Securities and Exchange Commission (SEC) has admitted two more cryptocurrency firms—GIGX Technologies and Kucoin Nigeria Limited—into its Accelerated Regulatory Incubation Program (ARIP). Expanding the Sandbox Nigeria’s Securities and Exchange Commission (SEC) has admitted two additional virtual asset service providers (VASPs) into its Accelerated Regulatory Incubation Program (ARIP), following the recent entry of Luno Nigeria […]