Aave restores ether borrowing limits after $230 million exploit
The DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Markets
Bitcoin Depot, North America’s largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Iran may be turning the Strait of Hormuz into a bitcoin-based insurance market, local reports say
State-linked Fars News reported that Iran’s economy ministry has been working on a plan to manage shipping through the Strait with payments in bitcoin.
Crypto traders betting on a rally lose $563 million in liquidations. Ether and bitcoin suffer the most
Ether and bitcoin led liquidations, as their prices dropped on macroeconomic concerns.
HYPE pops 7%, beating bitcoin declines, as SpaceX pre-IPO lands on Hyperliquid
Hyperliquid’s HYPE token rallied 7% over 24 hours after Trade.xyz launched the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX at a reference valuation of $1.78 trillion.
Yet another crypto bridge falls victim to an $11 million hack
The latest attack adds to growing string of cross-chain infrastructure exploits.
Bitcoin slides under $77,000 as oil shock and Treasury yields hit risk assets
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.
XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress
The token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional money into XRP products.
Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
Arkham Intelligence data shows that over $1 billion in bitcoin has left wallets attributed to Bhutan in the past year, flowing to exchanges and trading firms. The country says it has not sold any.