Flash loans let anyone borrow tens of millions of dollars with no collateral, no credit check, and no identity, on one condition: the loan must be repaid within the same transaction that created it. This guide explains how that is even possible, what flash loans are legitimately used for, how attackers weaponize them, and why
XRP remains under pressure across both the USDT and BTC pairs, with sellers continuing to control the broader trend despite several short-lived recovery attempts. While the USDT chart shows buyers defending an important support area, the XRP/BTC pair continues to trade near multi-month lows, highlighting the token’s persistent relative weakness against the market leader. Ripple
SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. Summary SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite
Solana News: The Solana Foundation has appointed Michael Coates, Twitter’s first-ever Chief Information Security Officer and a veteran of Mozilla and enterprise SaaS security, as its new CISO, a hire that signals the Foundation is treating security as a boardroom priority rather than an engineering footnote. Coates announced the move on X on July 7,
Zcash price has pulled back from the $500 resistance zone after a sharp rally driven by renewed optimism around the upcoming Ironwood upgrade, although technical indicators still favor another attempt higher if key support levels continue to hold. Summary Zcash price has retreated from the $500 resistance after profit-taking, but continues to hold above the
In Bitcoin news today, the BTC price is trading at $62,000 on Wednesday after failing to clear the $64,000 resistance level, with fresh US-Iran military exchanges delivering the immediate blow to risk appetite. The sell-off is not happening in a vacuum; it lands atop a shrinking stablecoin market, and institutional ETF flows are too thin
India’s central bank has again backed a tougher stance on crypto, while tax officials warned that offshore trading and private wallets are making enforcement harder. The Reserve Bank of India (RBI) has reiterated its support for a crypto policy, which is “leaning towards prohibition,” according to internal government documents reviewed by Reuters. They show
India’s central bank has renewed its recommendation for a cryptocurrency policy leaning toward prohibition, while tax authorities have warned that offshore trading continues to make crypto tax enforcement difficult. Summary India’s central bank has again backed a cryptocurrency policy leaning toward prohibition while warning against bank exposure to crypto assets and private stablecoins. Tax authorities
In crypto news today (July 8), Bitcoin has experienced a slight retracement, still sitting comfortably above $60,000, but down -1.1% over the past 24-hours and trading for around $62,600. Liquidations have slowed since yesterday, dropping from over $532M to $345M, with over $240M of that figure coming from long positions, highlighting that overly optimistic bulls
Following Orchard’s hidden bug, Zcash said Ironwood’s formal verification is close to proving it has no undetectable counterfeiting bugs. Zcash (ZEC) briefly climbed above $500 after founder Zooko Wilcox-O’Hearn said the project’s Tachyon Formal Verification initiative is close to delivering a mathematical proof that the latest Zcash shielded pools contain no undetectable counterfeiting bugs.