Research
Lending
How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend
The verifier accepted identity inputs as proof, letting 250 SAUCE support $9.05 million in principal borrowing.
Legal
DOJ moves to drop $722M BitClub case before trial as victims wait to learn what they will recover
The $722 million alleged scheme total is separate from recovery, while final terms and a court filing remain unresolved.
Featured
Ripple CEO says SEC suit nearly pushed company to shut down
Brad Garlinghouse's account shows how a token reserve can shape a company's room to survive a long regulatory fight.
Exchanges
After MiCA deadline, majority of Binance users sent funds to self-custody not other compliant exchanges
Binance's unaudited figures suggest most EU funds withdrawn after the MiCA cutoff went to self-custody rather than regulated rival platforms.
Macro
Bitcoin’s $60K price floor is back in play as Hormuz oil shock returns
BTC fell below $63,000 after new U.S. strikes as oil, the dollar and yields rose and equity futures retreated.
Crime
One crypto wallet tied to a 20-year-old fraudster processed over $122M before Interpol closed in
The Thailand case shows how cross-chain token swaps can complicate tracing across services, assets and borders.
Crime
Convicted scammer’s “seized” crypto moves to unknown wallets while in prison as DOJ failed to secure funds
The DOJ had won the crypto on paper. Getting control of it was another matter.
Digital Asset Treasuries
Adam Back’s 30,021 BTC Bitcoin treasury deal just lost the funding structure holding it together
Cantor and BSTR are negotiating revised terms after saying the existing private placements will no longer be required to close, turning the Bitcoin treasury launch into a test of investor demand.
Digital Asset Treasuries
Eric Trump’s American Bitcoin forces 1:15 reverse split to avoid Nasdaq delisting amid 8k BTC holding
American Bitcoin is betting that mining and accumulating BTC will support its valuation, even as a 1-for-15 reverse split seeks to keep its shares compliant with Nasdaq’s minimum bid-price requirement.
Banking
Circle gets permission to open a US bank but cannot take ordinary deposits or make loans
Circle National Trust will open with custody for Circle and its affiliates, while custody for select institutions and USDC reserve management remain future possibilities.
Macro
Bitcoin’s $64K rebound has 3 days before its next big challenge threatens to derail momentum
July 14 will show whether one day of ETF inflows can outlast firm yields and restrained leverage.
Outage
AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed
Automated payouts are paused after a failed liquidity deal, leaving customers without assurances on timing or amounts.