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StablR loses $2.8 million in exploit causing depeg

Daniel Lycon3 weeks ago6 min read

StablR exploit triggers $2.8 million loss and stablecoin depeg StablR’s EURR and USDR stablecoins depegged after an exploit on the issuer’s minting setup allowed an attacker to extract roughly $2.8 million, according to multiple crypto security and market reports.[1][2][5] The incident matters now…

StablR stablecoins depeg after $2.8 million exploit

Newt Bettec3 weeks ago5 min read

StablR stablecoins depeg after $2.8 million exploit StablR’s EURR and USDR stablecoins lost their pegs on Ethereum after an exploit on the project’s minting contract allowed an attacker to extract about $2.8 million, according to BeInCrypto, in an incident that highlights how key-management…

Iran deal optimism lifts Gulf markets 5% while Bitcoin spot volume lags 40%

Demian Crypter3 weeks ago5 min read

Iran deal optimism lifts Gulf markets as Bitcoin spot volume lags Iran deal optimism helped lift Gulf equities in early May, while Bitcoin spot trading volume lagged in a separate sign of uneven risk appetite across asset classes.[3][8] Reuters reported that most Gulf…

Tom Lee’s Ethereum portfolio declines $7.35 billion in market value

Cindy Dutta3 weeks ago5 min read

Tom Lee’s BitMine Ethereum loss tops $6.6 billion Tom Lee’s BitMine Immersion Technologies has seen the market value of its Ethereum portfolio fall by roughly $6.6 billion as ETH prices retreated, leaving the company with a large unrealized loss on paper.[2][3] The decline…

Hyperliquid’s 7% open interest share reveals L1 traders fleeing Ethereum’s fees

Dani Molton3 weeks ago5 min read

Hyperliquid open interest jumps as traders move off Ethereum L1 Hyperliquid’s open interest has climbed sharply as traders gravitate toward faster, lower-cost venues, a move that has intensified scrutiny on Ethereum’s fee burden and the economics of on-chain trading.[3][6] The latest data points…

Coinbase executive states no Wall Street competition fear

Nathan Coben3 weeks ago5 min read

Coinbase says Wall Street competition is no threat as crypto push widens Coinbase said it is not worried about competition from Wall Street firms, framing the rise of traditional financial institutions in crypto as supportive rather than threatening, according to a CoinDesk report…

Vitalik Buterin reaffirms Ethereum Foundation commitment to protocol neutrality

Caleb Fing3 weeks ago6 min read

Vitalik Buterin Reaffirms Ethereum Foundation Neutrality Vitalik Buterin used a public post to reaffirm that the Ethereum Foundation’s role is to preserve protocol neutrality, not act as a market-facing promoter or controller of the network. The message matters now because it comes amid…

Bond rally signals structural shift – Bitcoin’s $65B single‑strategy allocation reflects institutional crowding

Owen Patter3 weeks ago5 min read

Bitcoin ETF Crowding: $65B in Assets Flags Shift Bitcoin’s $65 billion single-strategy allocation through U.S. spot ETFs has become a sign of how quickly institutional demand has concentrated in one trade, with BlackRock’s IBIT and peers drawing the bulk of the capital by…

Institutions quietly control 80% of new Nasdaq options volume pre-launch

Cino Gaperi3 weeks ago6 min read

Nasdaq options volume: institutions dominate early trade Nasdaq’s new options market is drawing institutional participation ahead of launch, with the exchange’s filing and related market data pointing to a trading base that is already tilted toward professional players. The development matters because early…

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