Cryptocurrency
Live: Bitcoin and ether ETFs lost $111 million combined as rate-cut hopes died
US spot bitcoin and ether ETFs both turned to outflows on Wednesday in a sign the recovery rally has lost its institutional bid. Bitcoin funds lost $82 million and ether funds $29 million, SoSoValue data shows. The bitcoin outflow...
Cryptocurrency
Bitcoin Under Pressure Following Trump, Warsh Comments
Key takeaways:Bitcoin remains under pressure from $2.1 billion in ETF outflows in June and an ongoing discount relative to global Bitcoin/USDT pairs.Strategy’s STRC stock shows weakness, highlighting growing concerns over monthly dividend obligations and share dilution.The US stock market...
Cryptocurrency
Slowmist: A Single Missing Line of Code Drained $111,000 From the DIP Token
Key TakeawaysSlowmist said a missing return statement in DIP token’s code drained about $111,098 in USDC.The flaw doubled transfers via Pancakeswap, adding to 2,150-plus incidents logged by Slowmist this year.DeFi has lost over $1 billion to exploits in 2026,...
Cryptocurrency
Crypto-Backed GOP Candidate Wins Alabama Senate Runoff with June Primaries Looming
More than $12 million in crypto-aligned political action committee (PAC) media buys helped propel Barry Moore to victory in Tuesday's Alabama Republican US Senate runoff over Barry Moore.The runoff was necessary after neither candidate was able to secure...
Business Innovation
‘AI is going to create a labor shortage’: Jeff Bezos thinks AI will create more jobs, not less, as he talks his AI startup...
For months, fearmongers have warned of AI’s “doomsday,” how it could eventually render whole swaths of the labor force unemployed and leave the rest managing AI employees. But for Jeff Bezos, those fears are overblown, and instead, AI will...
Cryptocurrency
Bybit added to Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to the Monetary Authority of Singapore’s (MAS) Investor Alert List, a registry designed to warn consumers about entities that may be wrongly perceived as licensed or regulated by the financial watchdog. Bybit Fintech Limited...
Cryptocurrency
Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
Circle has launched cirBTC on Ethereum, giving the stablecoin issuer a direct entry into the wrapped Bitcoin market and setting up a new challenge to existing BTC-backed DeFi assets.TL;DRcirBTC is live on Ethereum and backed 1:1 by Bitcoin.
Circle says...
Cryptocurrency
Crypto Today: BitGo’s MiCA Pitch, Likely CBDC Ban and Alabama Spending
Today in crypto, the European Union's Markets in Crypto-Assets Regulation (MiCA) deadline looms over crypto exchanges serving the bloc.Also, the US Congress reached a deal to advance a housing bill that includes a central bank digital currency (CBDC) ban,...
Small Business
They Gave Pregnant Women Cash. Lawmakers Are Now Pushing Back
An experimental program in Michigan shows promise. But the backlash highlights a tension between scaling innovation and legal oversight.
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Cryptocurrency
BitGo Launches MiCA Crypto Infrastructure In Europe
BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline.BitGo Europe launched a crypto-as-a-service platform aimed at meeting the European Union’s Markets in Crypto-Assets Regulation...