Crypto Briefing
@Crypto_Briefing
Crypto, tech & global news that matters.
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💵NEW: @trondao dominated stablecoin growth over the past 90 days, adding $4.8 billion in market cap, nearly twice the combined $2.59 billion added by the other nine chains in the top 10.
Source: @tokenterminal
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🚨NEW: Balancer warned users about a bug in legacy v1 contracts that could allow attackers to drain LP funds.
🔥JUST IN: Intercontinental Exchange is investing in tZERO and partnering with the blockchain infrastructure firm to support tokenized securities markets.
🔥NEW: Franklin Templeton Digital Assets says crypto, AI and quantum computing will be three defining technologies of the next decade.
💥 NEW: Bitmine bought 53,501 ETH over the past week, bringing its holdings to 5.9 million ETH, or 4.9% of Ethereum’s total supply.
💥NEW: Kalshi is partnering with Alpaca to bring its event contracts to brokerages worldwide, tapping a network reaching 14 million brokerage accounts.
⛓️ NEW: Brazil's largest fashion group, Azzas 2154, is putting its supply chain on Cardano, anchoring 500,000+ records while keeping underlying commercial data off the public blockchain.
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🟠 NEW: Strive has overtaken Bullish as the fifth-largest corporate Bitcoin holder after purchasing 1,800 BTC and boosting its stash to 23,156 Bitcoin.
🔥JUST IN: Strategy added 4,603 bitcoin:native for about $370M, bringing its Bitcoin stash to 845,050 BTC
⚖️ NEW: Gemini scored a legal win over Earn after an arbitrator found insufficient evidence that it misled customers or neglected due diligence with Genesis.
🚨 JUST IN: DeFi protocol More Markets suffered an exploit on Flow EVM, with 15.5M WFLOW drained from its lending reserve, resulting in an estimated $9.3M impact, security firm Blockaid reports.
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🔥ICYMI: solana:hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux surged more than 130% in the last 24 hours after Celina, Texas, tapped the Helium Network to expand mobile coverage.
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🚨NEW: Cronos Network has paused operations following an exploit targeting DeFi protocol Tectonic.
CEO Kris Marszalek said the Tectonic exploit did not affect app or exchange.
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🛡️UPDATE: Avici says all affected Solana card balances have been fully refunded with an additional 10% cashback, with reimbursements covered by card-issuing partner Rain.
Avici says its regular Solana and EVM wallets were never affected and a full postmortem will follow.
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🚨UPDATE: Avici says a vulnerability in a Solana card contract affected 1,685 users and $500,859 in card balances.
All affected balances will be refunded in full, while Avici says its Solana and EVM wallets were not impacted.
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🇷🇺 NEW: Russia's Sberbank plans crypto-backed lending and aims to accept Bitcoin, Ethereum and Tether as collateral under new regulations.
🚨UPDATE: Avici says a vulnerability in a Solana card contract affected 1,685 users and $500,859 in card balances.
All affected balances will be refunded in full, while Avici says its Solana and EVM wallets were not impacted.
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🌐NEW: Hyperion DeFi reported record Q2 profit of $31 million, more than triple the previous quarter, as the value of its HYPE holdings rose to $133 million.
