YieldBlox lending pool hit by $10M hack on Stellar
The attack on a lending pool belonging to YieldBlox pushed the price of USTRY to over $100 before using it to borrow XLM and USDC worth $10M. Source link
Coinbase
Bitcoin
Crypto ETFs Struggle Again: Bitcoin Loses $90 Million, Ether $136 Million
Crypto ETFs remained under pressure on Thursday, with bitcoin and ether posting another round of outflows. Solana offered a rare bright spot, while XRP activity stayed flat. Solana Bucks Trend as Bitcoin, Ether ETFs See Fresh Outflows The mood around crypto ETFs remains cautious. Another day, another round of outflows, and this time the selling
Tech & AI
There Aren’t a Lot of Reasons to Get Excited About a New Amazon Smartphone
“This is not a consumer device company that takes privacy very seriously,” Gamero-Garrido says. Since people use smartphones far more than Alexa or a Kindle, he says an Amazon smartphone today would “significantly increase the scale of the potential privacy harms.” Gamero-Garrido thinks Amazon could use Transformer as a data-gathering tool to glean how people
Crypto
Grayscale eyes Hyperliquid with new HYPE ETF filing
Grayscale has filed an S-1 registration statement for a HYPE ETF, a proposed product that would hold Hyperliquid’s native token and list on Nasdaq under the symbol GHYP. The filing shows the trust is designed to track the value of HYPE held by the vehicle, less expenses, and notes that the product may eventually include
Crypto
The Ultimate Launchpad? Why Bitcoin’s Current Price Action Mirrors the 2017 and 2020 Bull Runs
Bitcoin is testing a historic floor zone tied to previous parabolic rallies. Bitcoin briefly climbed past $71,000 early Friday, as it slightly bounced back from earlier weakness. This comes as authorities worked to address oil supply disruptions in the Strait of Hormuz and restore market stability. Amid these developments, Bitcoin is nearing a long-standing
Coinbase
Chris Larsen uses ‘nonprofit’ to pump for-profit XRP treasury stock
Evernorth, a for-profit XRP treasury stock working on its Nasdaq listing, is giving a sweet deal to a nonprofit that Larsen created. Source link
Bitcoin
Kalshi Ordered to Temporarily Stop Operations in Nevada
A State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state, as the battle between state and federal regulators accelerates. Kalshi also faces similar allegations in other states, like Arizona. Kalshi Faces Restraining Order in Nevada for Acting as an Unlicensed Gaming Business The conflict
Crypto
Gold slides below $4.5k, crypto is bleeding, and “store of value” myths are cracking
Gold has slipped from above $5,200 while crypto bleeds and silver dumps, exposing “store of value” as a question of volatility, leverage and time horizon, not memes. Summary Gold has dropped about 10–15% from its early‑March spike above $5,200 to around $4,560, but remains structurally elevated and keeps finding dip buyers near the mid‑$4,500s. Silver
Tech & AI
Amidst legal turmoil, Kalshi is temporarily banned in Nevada
Kalshi isn’t having a very good week. On Tuesday, the Attorney General of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business in the state. Now, another southwestern state has taken a big swing at the company: a judge in Nevada has temporarily banned the
Crypto
Hyperliquid’s S&P 500 perpetual tops $100 million in daily volume after licensed launch
Hyperliquid’s newly launched S&P 500 perpetual contract topped $100 million in 24 hour trading volume within days of its debut, quickly becoming one of the blockchain’s 10 largest markets. The early surge points to strong demand for 24/7 onchain access to traditional assets. The market was launched through a licensing deal between Trade[XYZ] and S&P