Here are some of the latest news and updates in the crypto industrynd
Recent Hacks and Security Concerns
- Solana's Loopscale pauses lending after $5.8 million hack, restoring loan repayments while disabling some functionalities.
Market Trends and Updates
- Bitcoin ETFs see record $3 billion inflows after 5 weeks, indicating a significant momentum shift in the crypto market.
- Crypto sentiment recovers, but weekend liquidity risks remain a concern due to structural weaknesses.
- Semler Scientific buys another $10 million worth of Bitcoin, increasing its yield by 23.5% year-to-date.#MarketRebound
Regulatory Developments#TrumpVsPowell
- Senator Cynthia Lummis questions the Federal Reserve's decision to withdraw crypto banking rules, calling it "not real progress."
- SEC Chair Paul Atkins hints at crypto market growth, suggesting an overhaul of regulations.#BTCvsMarkets
New Projects and Launches
- Stripe opens testing for a new stablecoin product following its Bridge acquisition.
- First XRP ETF goes live in Brazil, sparking speculation about potential adoption in the US.#DOGE
- Deloitte predicts $4 trillion tokenized real estate on blockchain by 2035, reshaping property investment ¹ ² ³.