Humanity Says Laptop Breach Led To $36M H Token Exploit

Humanity Protocol said an employee’s laptop compromise allowed attackers to seize bridge controls, upgrade contracts and steal over $36 million in H tokens.  In an incident update on Tuesday, the protocol said the Monday attack affected the H token across Ethereum and BNB Chain. The team said three of six Gnosis Safe owner keys were…

Bitmine Buys $52M ETH, Tom Lee Says Fundamentals Strong

Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths. “Over the past week, we acquired 26,497 ETH,” Lee said in a statement on Monday. “In our view, ETH prices are not reflecting the strengthening of…

XRP price news: Ripple-linked token falls 3% after losing $1.15 support

XRP gave back more of last week’s rally on Wednesday after sellers pushed the token through $1.15 support, a level traders had been watching since the recent move above $1.20. The decline came on some of the session’s heaviest volume and followed another rejection below the descending trendline that has capped every recovery attempt for…

CFTC Settlement Bans Celsius Founder Mashinsky From Trading

The US Commodity Futures Trading Commission has resolved its action against Celsius Network founder Alex Mashinsky, permanently banning him from trading in markets the commodities regulator oversees. The CFTC said Thursday that a court consent order also bars Mashinsky from ever registering with the regulator and ends the enforcement action it first filed in 2023….

BlackRock Says Bitcoin is Onboarding Investors Into TradFi

BlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, US head of equity ETFs at BlackRock.  Around three-quarters of investors in BlackRock’s iShares Bitcoin Trust ETF have never owned an ETF before, Jacobs told Cointelegraph on the Chain Reaction podcast Thursday.  “IBIT…

Privacy Push Accelerates as StarkWare and Sui Launch Compliance-Ready Confidential Transfers

StarkWare and Sui launched new privacy features this week that allow users to conceal transaction data without fully sacrificing auditability or regulatory oversight. StarkWare said Tuesday that it launched STRK20, a privacy framework for ERC-20 tokens on Starknet that allows users to shield balances and transaction data while providing mechanisms for disclosure under certain circumstances….

ETH Trapped Below $1.7K Raises Call For Another “Selling Wave”

Ether’s (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged positions retreated sharply from their early June highs.  The combination of rising exchange supply, muted new participation,…

Malta Weighs Legal Framework for DAOs and DeFi Projects

Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to grapple with how to regulate blockchain-based financial services. On June 12, the Malta Financial Services Authority (MFSA) opened a public consultation on DeFi under the European…

Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator

The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously pleaded guilty to accusations he…

Bitcoin Decouples From Tech Stocks As AI Takes Market Lead

Key takeaways: Bitcoin’s sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector. A strengthening US dollar and high Treasury yields are weighing heavily on non-yielding crypto assets. Bitcoin (BTC) faced a 7% correction after failing to reclaim the $67,200 level on Monday, triggering $330 million liquidations in bullish leveraged…