Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
A hacker used Ostium's own pricereporting infrastructure against the protocol, submitting falsified futuredated oracle data to manufacture fake trading profits…
Crypto Long & Short: To ETH or not to ETH — is SOL the better diversifier?
In this week's, Morgan Stanley’s Denny Galindo writes that as the crypto market expands, solana has historically been a better portfolio diversifier than…
Bitcoin hits $65.5K as more surprise US inflation data sparks three-week BTC price high
Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop. Source:Cointelegraph
High-level White House meeting said to be planned to hash out Clarity Act ethics section
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to…
Is Robinhood Chain’s success bullish or bearish for ETH the asset?
Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right. Source:Cointelegraph
A timeline of the Ethereum Foundation's ongoing shakeup
In this week's edition of The Protocol Newsletter, we’re unpacking the timeline of all the changes at the Ethereum Foundation this year. Source:CoinDesk
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. Source:CoinDesk
Stripe mounts blockbuster $53 billion bid to buy PayPal
The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far. Source:CoinDesk
Bitcoin gets new $80K August target: Watch these BTC price levels next
BTC price upside predictions include $68,000 within two weeks and up to $80,000 next month, contrasting warnings of a 2022 bearmarket rerun for the rest of…
Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%
U.S. spot bitcoin ETFs took in about $181 million on Tuesday, a day after shedding roughly $425 million, per SoSoValue data. Ether ETFs added about $58…
Bitmine generated $46M from Ethereum staking last quarter
Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator…
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear…