At the time of their most recent filings with the Federal Election Commission, the collection of related PACs had about $164 million on hand at the end of April, though they were spending at a rapid clip. Tuesday’s result — with Moore taking almost 56% of the vote — will likely counter the industry’s setback […]
Archives for June 16, 2026
Live markets: A bitcoin bottom signal flashed as holders absorbed 125,000 BTC in June
Bitcoin’s risk-adjusted return has fallen to a level that has marked every bear-market bottom of the past decade, the latest on-chain reading to point toward accumulation rather than more downside. The Sharpe ratio, which measures return against volatility, dropped to -20 on June 11, according to CryptoQuant data reviewed by CoinDesk. It hit that mark […]
XRP gives back breakout gains, slipping below $1.23 on heavy selling
XRP’s push above $1.25 lasted only a few hours. Sellers showed up near the highs and drove the token back through $1.23 on some of the session’s heaviest volume, turning what looked like a breakout into a reminder that the market is still struggling to absorb supply left behind by the recent selloff. News Background […]
Uniswap jumps 22% and altcoins rip while bitcoin stalls before the Fed
Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation. The largest token traded around $65,800 on Wednesday, down 0.3% over 24 hours but up 7.4% on the week, per CoinDesk data, holding near $66,000 as traders waited on the Federal Reserve’s first rate decision under new Chairman […]
Sui Stablecoin Transfers Hit $65 Billion After Gasless Fee Push
TL;DR Sui reportedly handled around $65 billion in stablecoin transfers in a five-day stretch after its gasless stablecoin update. The update reduces friction by allowing supported stablecoin transfers without requiring users to hold SUI for gas. The headline number is large, but zero-fee systems can attract bots, arbitrage loops, and repeated high-velocity transfers. The market […]
SIREN Token Crashes 95% After Whale Dumps 670 Million Tokens
TL;DR SIREN reportedly fell more than 95% after a whale sold roughly 670 million tokens. Lookonchain tracked about $64.8 million USDT in proceeds from the selloff. The address reportedly controlled more than 90% of circulating supply before the liquidation. The story is a warning about meme coin liquidity and supply concentration, not a verdict on […]
Legacy Aztec Connect Contract Drained Of $2.1 Million Three Years After Shutdown
TL;DR A legacy Aztec Connect smart contract was reportedly drained of about 909 ETH, worth roughly $2.1 million. The affected product was deprecated in 2023 and is separate from Aztec’s current network work. The exploit reportedly targeted the immutable RollupProcessorV3 contract. The case shows why abandoned or discontinued DeFi contracts can remain risky long after […]
DTCC And Stellar Plan Tokenization Link For DTC-Custodied Assets
TL;DR DTCC and the Stellar Development Foundation announced a planned tokenization collaboration on May 27, 2026. The project aims to connect DTCC’s tokenization service with Stellar for DTC-custodied assets. Initial use cases include liquid equities, ETF trackers, and US Treasury securities. The integration is expected in the first half of 2027 and should not be […]
Humanity Protocol Plans New H Token After $36 Million Key Compromise
TL;DR Humanity Protocol is sunsetting compromised H tokens after a reported $36 million exploit. The breach reportedly involved malware on a developer machine and exposed private-key backups. A new audited ERC-20 token is planned, with eligible holders receiving tokens at a 1:1 ratio. The project may require KYC/AML screening for some compensation claims. Humanity Protocol […]
Here is why Strategy’s dividend-paying crypto stock is crashing to near-historic lows
Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns. The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its […]
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