The decentralized stablecoin msUSD, issued by the Main Street protocol, has misplaced its greenback peg. The stablecoin collapsed on June 20, 2026, following a cascade of liquidations and important collateral imbalances that appeared on-chain. Main Street’s msUSD stablecoin has depegged from the US greenback. The collapse occurred on account of on-chain liquidations and deep liquidity…
Ethereum has remained a thriller when it comes to value actions on a macro scale, because it trades at primarily the identical stage because it did in March 2021. Nevertheless, two of the hottest crypto analysts on X outlined a main breakout path ahead that might take it towards its all-time high stage. However, there’s…
US spot Bitcoin ETFs (exchange-traded funds) posted their largest 30-day web outflow on report. These Bitcoin ETF outflows reached $6.35 billion as institutional traders minimize publicity, in line with Galaxy Research. The redemption marks six straight weeks of withdrawals from the funds. Still, the tempo has slowed sharply in current days. That hints that essentially…
The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich assaults, misplaced greater than $7.5 million in an allowance drain after its automated system approved attacker-controlled contracts to spend its tokens. The bot, referred to as Jaredfromsubway.eth, permitted a collection of transactions that seemed to be a part of worthwhile buying and selling routes….
Prominent Decentralized Finance (DeFi) developer Andre Cronje, a key determine within the area, has resigned from the board of Sonic Labs, previously often called the Fantom Foundation. The company registry updates additionally present two different administrators have stepped down from their positions. Andre Cronje and two different administrators have left the Sonic Labs board. This…
The Ethereum Foundation has laid out new safety requirements for crypto wallets designed to make transaction approvals a lot clearer for customers and defend them from frequent phishing assaults. The initiative introduces ‘clear signing,’ a system that replaces complicated hexadecimal code with human-readable summaries of what a transaction really does earlier than a consumer approves…
Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, sufficient to make the lira its second-most-used stablecoin forex behind the greenback, forward of the euro and each different G10 forex. Dollar-pegged tokens, led by Tether and Circle’s USDC, nonetheless dwarfed the whole lot at $110.5 billion, however…
Bitcoin can survive one other worth crash because it has performed so many occasions prior to now, reassured the CEO of CryptoQuant, Ki Young Ju. However, he envisions one other main risk for the asset – boredom, and he linked it to Strategy’s STRC shares, which have raised some eyebrows prior to now few weeks….
Polymarket paid largely college-age creators to stage faux profitable bets on copycat variations of its web site. A Wall Street Journal investigation discovered none of the roughly $1.9 million in bets proven throughout 1,105 movies had been actual. The findings run counter to the corporate’s core pitch. Polymarket settles each actual commerce on a public…