Crypto

Summer Finance lost around $6 million in a flash loan exploit.

[PRESS RELEASE – Panama City, Panama, July 6th, 2026] Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date. Running for 35 days, the competition features up […]

Ethereum price is trading at $1,780 as Vitalik revealed the network's biggest roadmap since the Merge, which sends ETH's prediction higher. The post Ethereum Price Prediction: Vitalik Hints at 3-4 Years Long ETH Rebuild appeared first on Cryptonews.

Your look at what's coming in the week starting July 6.

Stablecoin supply on the XRP Ledger has climbed to nearly $890 million, up 20.56% over the past 30 days. Ripple's RLUSD explains almost all of that size, and a second dollar token is reshaping who issues XRPL's dollars: Valtorum's USDV, now at $39.3 million. RLUSD accounts for $844.58 million of that total (94.9%), USDV holds […] The post XRPL stablecoins surge to $900M, but the breakout trend is not RLUSD appeared first on CryptoSlate.

A revised roadmap details how the multi-year overhaul would replace nearly every major part of Ethereum's protocol, with quantum resistance and privacy moving up the priority list. It lands as ether rallies more than 12% in the past seven days.

Bitcoin touched $63,882 overnight before retreating to around $62,900, per CoinDesk data. Sunday's high held briefly before sellers pushed it back down.

The roadmap gives institutions a stronger settlement story, but also a clearer checklist for doubt. The post Vitalik’s new Lean Ethereum plan puts ETH’s Wall Street pitch on a 4 year clock appeared first on CryptoSlate.

Can XRP indeed rally to $4, $5, or even $12?

Veteran trader Peter Brandt said gold is going to gain substantially on bitcoin.

Before he was an MP, Nigel Farage was reportedly gifted staff, security and other benefits from George Cottrell, a convicted fraudster involved in a crypto casino. Reform UK leader Nigel Farage reportedly accepted gifts that he did not publicly disclose from a crypto entrepreneur convicted of fraud in the US, according to The Sunday Times.  The news outlet reported on Saturday that Farage was gifted staff, security, transport and accommodation by George Cottrell, an aristocrat involved in an offshore crypto casino who has been a close adviser to Farage for more than 10 years. Farage said in a statement on Sunday that he “followed the rules” over the gifts from Cottrell, which he received before he was elected a member of parliament in July 2024, and called The Times’ report a “hit job.” Read more

Stablecoins are maturing and are positioned for even greater reach as the market evolves, said crypto researcher Nick Ruck. Adjusted stablecoin transaction volume hit a record $1.79 trillion in June, up 63% from May’s $1.1 trillion, according to payments giant Visa. June’s record stablecoin transaction volume surpassed the previous record of $1.78 trillion in February, and is up 125% from the prior-year period, according to Visa’s Allium-powered stablecoin analytics dashboard.  “June 2026 was another record month for stablecoin transaction volume, just ahead of February 2026,” said Zach Pandl, head of research at Grayscale, on Sunday.  Read more

Thousands of crypto wallets across multiple blockchains could be vulnerable due to weak recovery phrase generation. Thousands of crypto wallets are at risk of being drained due to the use of weaker-than-intended recovery phrases, an exploit that Blockchain security research firm Coinspect has dubbed “Ill Bloom.” The wallets at risk span Bitcoin, Ethereum, Polygon, Rootstock, Tron and Solana, Coinspect said in a disclosure on Sunday, with the issue related to weak randomness — an insecure pseudorandom number generator — used during recovery phrase generation on certain software wallets.  “If funds recently moved without your permission, this vulnerability may be why,” Coinspect said.  Read more

Here are the next major obstacles on BTC's path forward.

Heavy volume pushed XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support.

A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway.

There are no major market-shaking reports due this week, which is largely dominated by more labor market data. 

“We need to think about new tools and a different way of working with the [AI] market in a more collaborative way,” says Nikhil Rathi, CEO of the UK’s finance watchdog. European regulators and central bankers have warned that rulemaking cannot keep pace with rapid advances in agentic artificial intelligence and have called for guardrails to protect the financial system.  Bank of England deputy governor Sarah Breeden is one of several central bankers who have said that agentic AI could amplify volatility during bouts of market stress. Breeden questioned if guardrails are needed, “analogous to circuit breakers or kill switches that would limit or stop trading market-wide if faulty AI models cause market meltdown,” she said at the European Central Bank’s annual meeting in Sintra, Portugal, on Tuesday. Read more

Nansen analysis shows that just under half a million wallets profited on Donald Trump’s memecoin, while the large majority of buyers lost out. Nearly 1 million buyers of Official Trump (TRUMP), US President Donald Trump’s memecoin, have lost a collective $3.8 billion on the token as of the end of June, newly reported analysis shows. As of the end of last month, 988,905 TRUMP buyers, or around two out of every three buyers, have lost money on the memecoin, The New York Times reported on Saturday, citing a report by analytics firm Nansen. Those buyers lost a total of $3.81 billion, which includes those who have held on to the token at a loss. Read more

Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express. The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization. According to a report by The Economic Times, RBI Deputy Governor Rohit Jain and Executive Director P. Vasudevan presented the central bank’s position to the Parliamentary Standing Committee on Finance on Thursday. In a background note submitted to the panel, the RBI reportedly said prohibition remained a recognized policy option and recommended preventing the use of crypto in payments and settlements while restricting banking-sector exposure. Read more