Author: 行政
Cross-chain transaction protocol Relay has claimed that buyers on Robinhood Chain, Robinhood’s permissionless Ethereum Layer 2, lost money after tokens they purchased disappeared from their wallets.Relay highlighted the issue and said the money was gone, without promoting the tokens or saying why they disappeared from wallets.The incidents were reportedly not wallet or private-key compromises. Keys and balances beyond the identified tokens remained untouched, it said. Relay is blocking tokens as they appear, verifying assets it deems safe, and reminding users that anyone can list a token.Relay linked the losses to specific, likely dubious, token purchases on the Robinhood Chain. However, it did…
Hedera-based lending protocol Bonzo Lend has locked withdrawals after an oracle verifier accepted a proof containing a zeroed signature and public key, allowing a wallet to borrow $9.05 million against 250 SAUCE.Bonzo Lend and Bonzo Points remained paused as of July 13, while the protocol’s official status page listed Bonzo Lend and all affected asset markets as under maintenance.Liquidity providers remain unable to withdraw while Bonzo Finance Labs and the Bonzo Finance Foundation determine a recovery path and the conditions for reopening.Wallet A first deposited 250 SAUCE, worth only a few dollars. At 00:51 UTC, it submitted a SAUCE/wHBAR price…
The Justice Department plans to end its criminal case against Matthew Goettsche, who prosecutors accuse of helping run the BitClub Network fraud scheme, before an October trial.Bloomberg Law, citing two people familiar with the matter, said the deputy attorney general’s office instructed prosecutors in New Jersey to seek a dismissal with prejudice.It also reported that Goettsche’s lawyers told the court on July 8 that the parties had reached an agreement in principle to resolve the pending charges and needed time to finalize terms. The DOJ’s dismissal plan has yet to be formally presented to the court.That leaves alleged victims awaiting…
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, according to Visa Onchain Analytics, up 63% from May’s $1.10 trillion and 125% higher than a year earlier. Across the same four weeks, the total pool of stablecoins in circulation shrank by $7.7 billion, the largest monthly dollar decline since the TerraUSD collapse in May 2022.The market has been treating that record volume as confirmation that money is pouring into crypto, but a closer look at the data tells us that it’s a much, much more complicated market than that. While usage reached an all-time high, the cash base underlying…
Tether is already the world’s largest stablecoin issuer, with approximately $141 billion in direct and indirect exposure to US Treasuries. It reported $15 billion in revenue in 2025 and $1.04 billion in net profit for the first quarter of 2026, mostly from that yield alone, making it one of the more unusual companies in global finance.Over the past year, though, it has added a second identity: one of the world’s biggest private holders of physical gold, with roughly 154 metric tons of bullion spread across reserves backing both USDT and its tokenized gold product, XAUT.At roughly $20 billion at current…
Key takeaways Bitcoin fell to $63,000 after renewed geopolitical tensions in the Middle East weakened investor risk appetite. The U.S. military’s latest strikes on Iran and heightened tensions around the Strait of Hormuz boosted demand for safe-haven assets while pressuring cryptocurrencies. Spot Bitcoin ETFs recorded $197.4 million in weekly inflows, ending an eight-week streak of net outflows, but institutional buying failed to offset broader market uncertainty. Bitcoin (BTC) traded below $63,000 on Monday as escalating geopolitical tensions in the Middle East weakened investor appetite for risk assets, overshadowing improving institutional demand through spot Bitcoin exchange-traded funds (ETFs). Although Bitcoin ETFs…
Ripple CEO Brad Garlinghouse said he and co-founder Chris Larsen seriously considered shutting the company down after the SEC sued in 2020 and distributing Ripple’s XRP holdings to shareholders.In a KU Hustle interview, Garlinghouse said they chose to fight instead because closing Ripple would have cost hundreds of jobs. He estimated the four-year legal battle cost the company about $150 million. The scenario concerned Ripple as a company, rather than a shutdown of the XRP Ledger or a loss of XRP held by the public.We almost decided to shut down the company when the SEC sued us. We we were…
Hyperliquid price holds above key support as traders watch the $61.92 level. Bitcoin’s move around $63,000 could shape HYPE’s next direction. Hyperliquid’s total open interest has climbed to nearly $11 billion. Hyperliquid (HYPE) has entered a crucial phase after retreating from its recent record high, with traders closely watching whether the token can stabilise above key support levels. The latest pullback comes as broader cryptocurrency markets react to rising geopolitical tensions, leaving Bitcoin’s next move at the centre of attention. However, while HYPE has lost momentum over the past week, the network continues to post strong trading activity, creating an…
Bitcoin slipped below $63,000 as renewed fighting between the United States and Iran pushed oil prices higher, drove bond yields up, and revived concern that an extended disruption in the Strait of Hormuz could keep inflation elevated.Data from CryptoSlate shows the largest cryptocurrency traded near $62,940, down about 1.4% over 24 hours. Other leading digital assets, including Ethereum, XRP, and Solana, all posted modest losses of less than 2% during the reporting period.CoinGlass data showed that this price performance resulted in $252.9 million in cryptocurrency positions being liquidated over the previous day, with traders holding leveraged long positions accounting for…
Key takeaways Pi Network (PI) fell another 6% on Monday after dropping 7% the previous day, extending its prolonged downtrend. Retail participation continues to weaken, with Open Interest falling below $9 million, signaling declining leveraged trading activity. Analysts warn that ongoing token unlocks could continue to pressure prices if supply outpaces demand. Pi Network (PI) remained under heavy selling pressure on Monday, falling around 6% after suffering a 7% decline in the previous trading session. The continued weakness reflects fading retail participation, declining leveraged positions, and concerns that ongoing token unlocks could keep supply ahead of demand. Technical indicators also…