Crypto Biz: The cost of stacking sats
CryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project.
Bitcoin makes first sub-$60K close since Q3 2024 as tech stocks enter ‘deep bear market’
Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another tech-driven sell-off in Asian stock markets.
Hyperliquid added to Singapore’s Investor Alert List
Singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region.
Australian regulator extends no-action period for crypto licensing
Australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s licensing system.
AscendEX withdrawal complaints mount as ZachXBT questions reserves
Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.
Bitcoin ETFs post June’s biggest daily outflows as BTC falls below $60K
US Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion.
Polymarket hit by $2.9M theft, users to be refunded
Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend.
Coinbase’s Base resumes block production after 2-hour outage
Coinbase’s blockchain Base says a consensus problem knocked its network offline for around two hours on Thursday before it returned online.
StablecoinX bets on Ethena ecosystem with Nasdaq debut on Friday
USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion.
Sharplink buys ETH after 8-month pause as token hits 2026 low
In May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize.