Crypto

Smart contract deployments, Binance stablecoin inflows, and elevated funding rates are firing simultaneously — a rare ETH setup that signals volatile moves ahead. The post Ethereum News: Builder Activity & Leverage Data Align, $2k Next? appeared first on Cryptonews.

Security researchers point to missing validation checks as the key factor that allowed liquidations to occur almost instantly.

SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit. Cardano-based wallet SecondFi is preparing to shut down after a security breach exposed issues around wallet security and left hundreds of users awaiting recovery options. SecondFi said it will wind down SecondFi and Yoroi wallet services after attackers stole about 16.1 million ADA, worth roughly $2.6 million, due to a cryptographic flaw in its wallet software, according to an update published on Wednesday. The platform said an independent investigation by blockchain intelligence provider Groom Lake identified a sophisticated external actor behind the attack and found indicators potentially linked to North Korea’s Lazarus Group, although no attribution has been confirmed. It added that the breach affected 374 wallets. Read more

Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantum-advisory experts to research quantum-resistant migration solutions. Galaxy Digital has pledged up to $5 million in grants to open-source developers building post-quantum cryptography for Bitcoin. The company also formed a quantum advisory council under its Bitcoin Quantum Readiness Initiative, which it announced Tuesday. The council includes Barry Sanders, professor and scientific director of Quantum City at the University of Calgary; Damien Bérubé, an MIT Sea Grant Knauss fellow; and Eran Tromer, professor of computer science at Boston University. The grants will fund quantum-resistant upgrade proposals, post-quantum cryptography, Bitcoin signature schemes, wallet and custodian migration tooling and formal security audits. Read more

Bitcoin has climbed back from its June 30 low near $58,500, trading at near $66,000 as of press time. Options traders are still paying steep premiums for protection against another leg down, and traders on perpetual futures markets have resumed paying to hold leveraged long positions. Both readings sit in a middle zone, well short […] The post As Bitcoin breaches $66K its latest bottom signal trapped buyers in a 20% loss appeared first on CryptoSlate.

DeXe is close to falling out of the top 100 alts by market cap. HYPE is also well in the red daily.

An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction.

A Senate deadline could determine XRP price, and secure the regulatory clarity many investors want, or lose its biggest legislative catalyst. The post XRP Price Could Turn Volatile This Month: What’s at Stake for Ripple? appeared first on Cryptonews.

Shareholders voted 90%+ to liquidate Satsuma Technology's 668 BTC, ending a Bitcoin treasury experiment that turned £163.6M raised into under 20p per pound recovered. The post Bitcoin News: BTC Treasury Strategy Casualty as Satsuma Technology Votes to Wind Down appeared first on Cryptonews.

ADA drops to $0.1708 after a 515M NIGHT token exploit on the Wanchain–Cardano bridge crushes sentiment. Here's the technical setup, key levels, and what it takes for ADA to recover. The post Cardano Price Prediction: Midnight Hacked, Cardano Rally Canceled appeared first on Cryptonews.

Later on Wednesday, Alphabet's earnings should give a sign of whether the hundreds of billions going into AI is paying off.

DOGE witnessed a rare setup that could be a precursor of a major rally, one analyst said.

US spot Bitcoin ETFs extended their inflow streak to six sessions, bringing in about $930 million while remaining down $4.84 billion on a net basis year to date. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their sixth consecutive day of net inflows on Tuesday, adding $203.1 million. The Bitcoin ETFs attracted about $930 million over the six-session streak, their longest run of consecutive inflows since April, according to SoSoValue data. The inflows came as Bitcoin traded above $65,000 and briefly climbed to $66,700 on Tuesday. At publication, Bitcoin traded at $65,802, up about 2% over the previous 24 hours, according to CoinGecko. Read more

A breakout above the level in question will require sustained spot buying or Bitcoin could retreat to lower support.

Meanwhile, a senior tech engineer at the project said now it's the most important time for Pi.

OpenAI said the systems had their cyber guardrails lowered for an internal benchmark, but the incident shows how autonomous exploit chains could pose a deeper threat to smart contracts.

The injection came after a painful crash in the local tech markets.

Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986.

Franklin Templeton Digital Assets has just described agentic artificial intelligence as the “killer use case” for blockchain and crypto.

The attack allowed the exploiter to liquidate multiple Bitcoin-backed vaults before swapping the assets for profit. Update July 22 at 4:37 am UTC: The article has been updated to include additional information from Slowmist about the exploit method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, has fallen more than 99% following a reported exploit. The stablecoin, the native algorithmic stablecoin of Balance Protocol, is trading at $0.001358 at the time of writing, down from $0.9954, according to CoinMarketCap. Read more