Uncategorized Archives

Illustration of a crypto liquidity pool breach involving GMX on the Arbitrum blockchain.

Crypto Hackers Drain $42M from GMX’s Arbitrum Liquidity Pool in Bold Exploit

July 9, 2025 Dan K

GMX’s V1 GLP pool was exploited for over $40M on July 9. The breach exposes vulnerabilities in DeFi audits and raises questions about decentralized leverage markets.

Smart contract platform Fuzzland investigates $2M UniBTC hack linked to insider

Fuzzland Blames Former Employee for $2M Bedrock UniBTC Exploit

June 25, 2025 Dan K

Fuzzland says a former employee used malware and insider knowledge to exploit Bedrock’s UniBTC, draining $2M in liquidity from its DeFi pools in 2024.

Anthony Pompliano’s ProCap buys $387M in Bitcoin after $1B SPAC deal

Anthony Pompliano’s ProCap Goes Full HODL Mode With $387M Bitcoin Splash

June 24, 2025 Dan K

ProCap buys $387M in Bitcoin just one day after its $1B SPAC deal, cementing BTC as its core asset and redefining institutional finance strategy.

Stock traders watch market reaction following U.S. strikes on Iran nuclear facilities

Dow Jones Flat as Markets Eye U.S. Strikes on Iran Nuclear Sites with Caution

June 23, 2025 Dan K

Dow Jones opens flat after U.S. strikes on Iran nuclear sites. Oil, crypto stabilize, but investors remain cautious on Middle East tensions.

Solana and Aptos logos side by side, symbolizing Wyoming’s WYST stablecoin finalist selection

Solana and Aptos Lead Race for Wyoming’s WYST Stablecoin Partnership

June 20, 2025 Dan K

Solana and Aptos top Wyoming’s shortlist for the WYST stablecoin. One blockchain was disqualified, narrowing the race to these two high-speed networks.

Mark Zuckerberg partners with Scale AI’s Alexandr Wang for Meta’s Superintelligence initiative

Meta’s $15B Bet on Scale AI Marks Aggressive Push Toward Superintelligence

June 10, 2025 Dan K

Meta’s $14.8B stake in Scale AI fuels its AGI ambitions. Alexandr Wang joins Zuckerberg’s new Superintelligence group to drive innovation.

Tether to Open-Source Bitcoin Mining OS by Q4 2025, CEO Dismisses Need for Third-Party Vendors

June 9, 2025 Dan K

Tether plans to open-source its Bitcoin Mining OS by late 2025, enabling broader access and reducing dependence on external mining software providers.

Tether CEO Paolo Ardoino discusses potential Big Four audit of USDT reserves

Tether’s USDT Appears on Price Tags in Bolivia Amid Economic Crisis

June 9, 2025 Dan K

USDT is spotted on price tags in Bolivia, signaling growing stablecoin reliance as the country’s economy collapses and currency confidence fades.

US Capitol building representing legislative debate on cryptocurrency laws during Crypto Week

Zhao’s Dark Pool DEX Could Undermine HyperLiquid, Warns Top Trader

June 8, 2025 Dan K

Wynn says Zhao’s dark pool DEX could eclipse HyperLiquid, citing MEV fixes, stronger backing, and a superior compensation model.

Ethereum blockchain reclaims DeFi lead as bots drive record $480B in stablecoin volume

Ethereum Reclaims DeFi Spotlight as Bots Drive $480B Stablecoin Surge

June 5, 2025 Dan K

Ethereum reclaims DeFi spotlight with $480B in stablecoin volume as bots boost liquidity, but analysts warn cross-layer issues must still be resolved.