Bonzo Lend loses $9M in oracle exploit on Hedera
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s on-chain oracle verifier.
Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward.
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress.
DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
Matthew Goettsche was set to face trial in October for conspiracy to commit wire fraud and selling unregistered securities.
Senate Democrats call for hearings into Trump’s ties to crypto amid CLARITY Act discussions
Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.
Kraken to overhaul app with AI investing assistant
The redesigned app will use AI to recommend trades and tailor investing tools around users’ financial goals as Kraken expands into broader financial services.
US CBDC ban to go into effect without Trump signoff on housing bill
Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday.
New Hampshire council votes down $100M Bitcoin bonds
State representative Keith Ammon said the New Hampshire executive council’s vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure.
Backpack joins race for 24/7 stock markets with tokenized equities
The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading.
Bitcoin whales sent BTC price to $64K as Coinbase Premium broke key level: CryptoQuant
Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported.