The Iranian crypto exchange’s wallets were exploited for at least $73 million as attackers used vanity addresses for the theft. Iran-based cryptocurrency exchange Nobitex appears to have been exploited for over $73 million of digital assets, according to onchain investigator ZachXBT. The attack, disclosed in a June 18 Telegram post, allegedly drained at least $73...Continue Reading

The Archetyp dark web market had over 600,000 users, a total transaction volume of at least $287 million and over 17,000 listings, mainly offering drugs for sale. Europol has shuttered one of the longest-running dark web marketplaces, Archetyp Market, but blockchain intelligence firm TRM Labs says the marketplaces are highly adaptive to shutdowns.   Europol said...Continue Reading

Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles. Key takeaways: ETH holds $2,400 in support despite a 15% price drop and $277 million in liquidations. Layer-2 network growth and spot ETH ETF inflows sustain investors’ confidence in Ether. Read moreContinue Reading

DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a treasury asset. At least four publicly-traded US firms announced on Tuesday that they would bulk up their crypto investments by a total of $844 million, adding...Continue Reading

BBVA is advising affluent clients to allocate up to 7% of their portfolios to crypto just months after it received permission to offer crypto trading. Spain’s second-largest bank, BBVA (Banco Bilbao Vizcaya Argentaria), has advised its affluent clients to allocate some of their investment portfolio to invest in crypto. BBVA told its wealthy clients to...Continue Reading

Bitfinex analysts say Bitcoin’s current market conditions signal the asset “reversing course shortly after aggressive selling.” Bitcoin is still at risk of falling further, and it must hold above $102,000 to stay on track for a potential rebound, crypto analysts say. Bitfinex analysts said in a markets report on Tuesday that if Bitcoin (BTC) “can...Continue Reading

Meta Pool says an early detection system discovered the exploit, allowing it to pause the affected smart contract and prevent further losses. A hacker has managed to make off with only around $132,000 from their attack on the crypto protocol Meta Pool, which created $27 million worth of tokens they could have stolen. The attack...Continue Reading

Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still “brewing.” Can bulls protect $104,000? Key points: BTC price weakness accelerates after the Wall Street open as analysis warns of a “rug pull” at $104,000. Bitcoin bulls have done their best to avoid panic reactions to downside...Continue Reading

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change. Executives with America’s biggest bank met with the Securities and Exchange Commission’s Crypto Task Force to discuss digital asset regulation and potential ramifications of capital markets moving onchain. The...Continue Reading

The Tuesday notices will push the SEC’s deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time. The US Securities and Exchange Commission (SEC) has opened public comments for two proposed cryptocurrency exchange-traded funds, or ETFs, from asset manager Franklin Templeton to be listed on...Continue Reading