Cointelegraph

Bitcoin’s (BTC) drop to $58,000 has pushed the price into a zone that long-term power-law models have historically associated with cycle bottoms. The data does not confirm a bottom range, though it shows BTC trading in a price range that has repeatedly marked major lows since 2014.
Derivatives data and liquidation levels highlight $55,000 as the next key support level and the $65,000-$68,000 range as the next major upside area of interest.
Bitcoin power-law puts $58,000 in historical range
Giovanni's Bitcoin power-law model places the network's long-term trend price near $135,000, making the recent drop to $58,000 roughly 54% below the all-time high and 1.22 standard deviations beneath that trend.
According to the analyst, the key takeaway is straightforward: the previous cycle lows in 2012, 2015, 2019, 2020, and 2022 all fell within a similar statistical range. By that measure, the latest decline falls within a territory that has historically marked the deep bear-market lows rather than a break in Bitcoin's long-term growth path.
Bitcoin price deviation based on the power-law trend. Source: X
The model estimates the commonly referenced "-1σ" support near $68,000, while the stronger historical floor sits closer to $55,000. Giovanni also noted that Bitcoin would need to trade below roughly $17,000 for more than a year before the power-law itself could be considered invalid.
A second metric points in the same direction. Bitcoin's power-law quantile has fallen to 6.2%, indicating the asset is cheaper than roughly 94% of its historical observations when measured against the power-law model. The chart highlights similar readings during the 2015, 2020, and 2023 cycle lows, with the current market now revisiting that historically rare valuation zone.
Bitcoin power-law quantile regression chart. Source: Checkonchain
Related: Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Key BTC price levels to watch
Bitcoin fell to a new yearly low of $58,000 after aggressive selling swept through Binance. The hourly taker sell volume reached $2.1 billion, followed by another $1.9 billion in the next hour after the New York market open, marking the exchange's largest hourly sell pressure since May 4.
Bitcoin taker sell volume on Binance. Source: CryptoQuant
The flush liquidated more than $300 million in long BTC positions before the price rebounded toward $60,000. That level now carries added significance. A daily close back above $60,000 preserves the developing relative-strength index (RSI) bullish divergence across the one-hour, four-hour, and daily time frames which signals that selling momentum is fading even as the price prints lower lows.
BTC/USDT, one-day chart. Source: Cointelegraph/TradingView
Futures trader Byzantine General shared a similar outlook, saying the move to $58,000 cleared out leveraged longs while drawing in fresh short sellers. In his view, a daily close above $60,000 would strengthen the case that Bitcoin has printed a local bottom for now.
That would also shift attention toward a large pocket of upside liquidity. More than $4 billion in short liquidations cluster near $65,000, compared with about $1 billion below $55,000, creating a four-to-one imbalance. A relief rally could then target internal liquidity near $68,000, where a daily fair-value gap adds another area of interest for traders.
BTC liquidation map. Source: CoinGlass
Meanwhile, a daily close below $60,000 reinforces the bearish bias on both the short-term and long-term charts. The next area of interest then shifts to $55,000, where Bitcoin's September 2024 weekly range low converges with its realized price near $54,000.
The realized price, which tracks the average cost basis of all onchain coins, has historically provided support at every major Bitcoin bear-market bottom since 2014. That trend makes the $54,000-$55,000 region a key level for traders to watch if selling pressure continues.
Bitcoin’s realized price. Source: X
Related: Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?

Опрос, организованный поставщиком услуг для цифровых активов CoinShares, показал, что более половины финансовых консультантов из Великобритании сообщают: основная часть криптовалютных активов их клиентов находится за пределами их надзора.
Согласно результатам опроса CoinShares, опубликованного в четверг, 52% британских консультантов из группы в 261 европейского специалиста по управлению благосостоянием заявили, что основная часть их клиентов’ цифровых активов фактически «невидима» для них. Среди всех опрошенных стран ЕС, включая Францию, Германию, Италию и Швейцарию, этот показатель составил 25%, при этом 61% консультантов заявили, что они работают в компаниях, которые явно ограничивают оборот цифровых активов или не предоставляют четких внутренних рекомендаций.

XRP торгуется чуть выше $1, оставляя токен на самом слабом уровне цены за год, но ончейн-данные рисуют другую картину.
Предложение XRP на биржах продолжает снижаться: выводы Binance превысили поступления уже семь дней подряд. Потоки «китов» остаются положительными, а спотовые биржевые фонды (ETF) на XRP привлекли $243 млн притоков с апреля.
Улучшение ончейн-данных указывает на здоровую позицию сети, даже несмотря на то, что XRP продолжает искать ценовое дно.
Предложение XRP на биржах продолжает сокращаться

Управляющая активами 21shares сократила несколько своих оптимистичных прогнозов относительно криптоиндустрии на этот год, заявив, что институциональное внедрение продолжает усиливаться, даже несмотря на слабые рыночные условия и сдержанное участие розничных инвесторов, из-за чего темпы роста замедлились.
В своем прогнозе на середину года управляющий активами заявил, что базовая инфраструктура отрасли развивалась быстрее, чем цены. Такие направления, как биржевые инвестиционные фонды (ETF), регулирование стейблкоинов, токенизация и рынки прогнозов, продолжили созревать, однако слабые цены на криптовалюту, крупные эксплойты в DeFi и более медленное, чем ожидалось, внедрение на уровне компаний отодвинули достижение ряда целей на 2026 год.

Южнокорейская криптовалютная биржа Bithumb должна выплатить штраф в размере 136 000 долларов после того, как выяснилось, что она нарушила правила защиты персональной информации, отправив пользовательские данные за рубеж.
В уведомлении в четверг Комиссия по защите персональной информации страны (PIPC) сообщила, что в ходе расследования деятельности Bithumb установила: биржа «передала персональную информацию за рубеж без отдельного согласия субъектов данных в процессе обмена книгой заявок и перевода виртуальных активов с зарубежными биржами виртуальных активов».

Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets.
Key points:
Bitcoin returns to its lowest level since September 2024, dropping to $58,000.
US PCE inflation rocks equities, with the Nasdaq 100 shedding 2% in just 30 minutes.
BTC's correction mirrors the price action seen throughout the 2022 bear market.
Crypto liquidations pass $600 million in an hour as BTC price drops
Data from TradingView showed BTC/USD dropping to $58,035 on Bitstamp — a level it last traded at in September 2024.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
The May print of the US Personal Consumption Expenditures (PCE) index came in at 4.1%, setting a new three-year record.
“From the preceding month, the PCE price index for May increased 0.4 percent. Excluding food and energy, the PCE price index increased 0.3 percent,” a data release from the Bureau of Economic Analysis (BEA) stated.
“From the same month one year ago, the PCE price index for May increased 4.1 percent. Excluding food and energy, the PCE price index increased 3.4 percent from one year ago.”
US PCE one-month % change (screenshot). Source: BEA
Stocks reacted with volatility, with the Nasdaq Composite Index down 0.5% at the time of writing, while the S&P 500 managed to eke out a gain.
The Nasdaq 100, meanwhile, saw a larger snap decline of 2% in just 30 minutes at the open.
“What a chart,” trading resource The Kobeissi Letter responded on X.
unknown node
Bitcoin itself sparked considerable long position liquidations, with CoinGlass putting the cross-crypto liquidation total at $600 million over a single hour.
Crypto liquidation history (screenshot). Source: CoinGlass
Commenting, market participants suggested that price moves were being artificially managed to squeeze positions.
“$BTC is in the manipulation phase,” pseudonymous trader Killa told X followers.
“Every time $BTC trades sub-$60K, that is our manipulation beneath the significant $60K swing low on the weekly and quarterly. Precisely the reason why the orderbook is stacked below us.”
Source: Killa/X
Niels Klaver, cofounder of crypto platform STABL Agency, suggested that BTC/USD “seems to be going for its final leg down of this bear market.”
“$55K remains the target,” he added, referring to an increasingly popular short-term price goal.
BTC/USDT one-week chart. Source: Niels Klaver/X
Bitcoin analysis sees new resistance near $65,000
As BTC price action attempted a modest rebound, trader and analyst Rekt Capital had already described $60,000 support as “clearly weakening.”
“Once June Monthly Closes, we'll know from which price July will be able to potentially spring into a post-breakdown relief rally,” an X post read.
BTC/USD one-month chart. Source: Rekt Capital/X
Rekt Capital maintained that the market was acting similarly to 2022, with the 50-month exponential moving average (EMA) tipped to become new resistance next.
BTC/USD one-month chart. with 50EMA. Source: Cointelegraph/TradingView

Story Protocol, a layer-1 blockchain built around intellectual property licensing, is pivoting to artificial intelligence as it rebrands as the DATA Foundation.
The company said Thursday that it will focus on building “essential infrastructure for training AI,” which it called “the most valuable and least solved category of IP.”
“Frontier AI labs have hit a multi-billion-dollar data bottleneck, where the internet has been effectively exhausted for scraping,” the company said. “The remaining supply is either expensive and bespoke or legally undocumented, leaving labs without a way to source data at scale, prove its provenance, or guarantee its quality.”
Story is the latest crypto project to turn to AI as funding and hype for the technology accelerate. Multiple crypto miners have also shifted to running the high-performance computers needed for AI, giving a major boost to their revenue in a crypto bear market.
The company said it is also launching an on-chain registry for AI training data provenance and licensing, called Trace, and is integrating with Kled, a company that provides licensable data sets for AI training.
Story president and product chief Andrea Muttoni will become CEO of the DATA Foundation, and Kled founder Avi Patel will join as chief data officer and adviser.
Andrea Muttoni speaking at a conference in Italy in 2024. Source: YouTube
Muttoni said that a year ago, Story had “set out to build the IP layer for the internet,” but the companies behind the “most valuable music, games, and brands guard their most valuable IPs jealously, and the open nature of permissionless licensing clashed with the very control the companies want to keep.”
He added that Story found an AI data-processing project it incubated, called Poseidon, had shown “immediate traction” with major AI firms and raised a $15 million seed round in July 2025.
Muttoni said that as AI companies “effectively run out of internet to scrape,” those that can supply them with “clean, verified, licensed data at scale are going to become some of the most valuable businesses ever built.”
He added that Poseidon will be “the processing layer of the protocol,” while Trace, the on-chain registry, will allow AI companies to verify entire data sets and allow contributors to enforce their terms.
Muttoni said that Kled, which pays people for tasks such as taking videos of their surroundings or capturing ambient audio to train AI, will also become the “flagship app” on DATA.
He told Cointelegraph that all registered IP and data on the Story blockchain would remain, but the transition to DATA “means that our product and tech roadmap will focus on building a full stack for AI training data moving forward.”
“The most important IP of this era is the data you can't scrape: how a surgeon’s hands move, how a robot grips, how people speak, drive, and work in the real world,” said Story founder Seung-yoon Lee, who will serve as an adviser to DATA.
“DATA is where that conviction goes next: an end-to-end network that proves real-world data's origin, licenses it, and pays the people who made it,” he added.
Story’s pivot comes as other major crypto platforms are retooling for AI.
Forbes reported Monday that Web3 gaming powerhouse Immutable is pivoting from gaming to launch an AI marketing platform aimed at game publishers.
Crypto exchange Coinbase announced earlier this month that it is launching a tool that will allow consumer AI models to connect with a user’s exchange account and make trades or execute strategies as it seeks to expand beyond being a platform to buy and sell crypto.
Magazine: AI is banking the unbanked in Africa… faster than crypto
Update (June 26, 5 am UTC): This article has been updated to add a comment from Andrea Muttoni.

Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a deal first disclosed in May that would create the country's biggest crypto exchange.
On Thursday, SBI said that its wholly owned subsidiary SBICAH will acquire shares from Bitbank CEO Noriyuki Hirosue and other shareholders before subscribing to a third-party share allotment. The exchange will then buy back shares held by MIXI and Ceres, leaving SBI with 100% indirect ownership. SBI expects the transaction to close around October, subject to regulatory clearance.
The acquisition would expand SBI’s regulated crypto exchange footprint and customer base, giving it another potential distribution channel for the stablecoins, tokenized assets and onchain financial products.
Bitbank's daily trading volume has hovered below $50 million for most of the last four months, CoinGecko data showed. Volume is dominated by the BTC/JPY pair (39.5%), followed by XRP/JPY and ETH/JPY (both at 19.7%).
SBI said combining Bitbank with SBI VC Trade would give the group about 1.1 trillion yen in assets under custody and roughly 2.92 million crypto accounts, based on figures from the end of April. The company said the combined business would rank first among Japanese crypto exchanges by assets under custody and among the largest by account numbers.
Bitbank trading volume has hovered below $50 million for most of the last four months. Source: CoinGecko
SBI builds broader digital asset ecosystem
The Bitbank deal is the latest in a series of moves by SBI to build infrastructure, including crypto trading, stablecoins and tokenized financial markets.
In February, SBI and Startale Group unveiled Strium, a layer-1 blockchain designed to support around-the-clock trading and settlement of tokenized equities and real-world assets.
On Wednesday, SBI and Startale launched the yen-pegged stablecoin, JPYSC. The token is issued by SBI Shinsei Trust Bank and distributed by SBI VC Trade. The stablecoin is initially limited to transfers within SBI VC Trade accounts, while public blockchain circulation will roll out after resolving outstanding legal and tax conditions, according to SBI.
The same day, Ripple and SBI Group launched the dollar-backed Ripple USD (RLUSD) stablecoin in Japan also through SBI VC Trade. At launch, RLUSD became available to institutional and retail customers after receiving approval under Japan’s regulatory framework for foreign-issued stablecoins.
Magazine: Japanese pension fund tips 1% in crypto, G7 urges action on NK hackers: Asia Express

Примерно 60% пользователей, которые сделали свои первые ставки на чемпионате мира на Polymarket, ранее не взаимодействовали с блокчейн‑протоколами, что наводит на мысль: рынки прогнозов становятся точкой входа в крипто.
Вывод основан на исследовании Bitget Wallet за 90 дней, которым в четверг поделились с Cointelegraph; оно отслеживало onchain‑активность 857 000 активных пользователей Polymarket.
Bitget Wallet заявила, что результаты указывают: некоторые пользователи входят в крипто через рынки прогнозов, а не начиная с торговли токенами или протоколами DeFi.

Decentralized finance (DeFi) protocol Spark has deployed approximately $150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a collaboration aimed at creating shared liquidity and exchange infrastructure for stablecoin issuers.
A Spark spokesperson told Cointelegraph that the initial deployment is live in two pools pairing USDS with PayPal USD (PYUSD) and USDT, with USDS serving as the foundation. Spark described the deployment as one of the largest automated market maker (AMM) liquidity migrations in DeFi.
“These pools represent the initial deployment of approximately $150 million of liquidity and establish the first phase of the Stablecoin FX Layer,” the spokesperson said. “This initial deployment focuses on bootstrapping shared liquidity on Uniswap v4.”
Earlier this month, Standard Chartered identified Uniswap as a potential beneficiary of tokenized assets moving into DeFi. It forecast that total assets held in DeFi could reach $2.7 trillion by 2030, with Uniswap potentially emerging as a liquidity venue for the growing market.
The deployment announced Thursday lays the groundwork for a planned programmable liquidity system that could reduce the need for banks, financial technology firms and stablecoin issuers to build separate liquidity networks while testing whether Uniswap can make onchain capital more efficient without weakening market depth.
Spark plans programmable liquidity expansion
Spark said it plans to introduce its Shared Liquidity Layer and DualPool hook in subsequent phases using Uniswap v4's programmable architecture to coordinate how liquidity is distributed across stablecoin markets.
A liquidity hook enables protocols to seamlessly integrate with platforms for capital access and developing yield and trading strategies.
Spark said a hook is intended to allow capital not immediately needed for trades to be deployed into governance-approved products, liquidity venues and yield-generating strategies.
The implementation of the DualPool hook will go through a separate security review, testing and production-readiness process before deployment. The first phase uses standard Uniswap v4 pools rather than the planned programmable framework.
Spark said the planned framework is intended to give future stablecoin issuers access to shared liquidity rather than requiring them to individually bootstrap pools, coordinate market makers and manage inventory across different venues.
The spokesperson told Cointelegraph that Spark is working with additional partners across the stablecoin ecosystem but is not yet ready to disclose those integrations.
Uniswap seen as winner as tokenized assets move onchain
In a June 15 note to clients, StanChart's bank's head of digital assets research, Geoff Kendrick, said that tokenized treasures, equities, bonds and other assets could bring more trading activity and liquidity to decentralized exchanges as their DeFi use expands.
DeFi total value locked as of June 25. Source: DefiLlama
This new $150 million migration offers a more immediate test of StanChart's infrastructure thesis, though it involves stablecoins rather than tokenized securities.
The migration also follows Uniswap’s push into institutional tokenized-asset trading. On Feb. 12, BlackRock said it would bring its $2.1 billion tokenized Treasury fund, BUIDL, to Uniswap, allowing eligible institutional investors and market makers to trade the security through decentralized infrastructure.
Magazine: Japanese pension fund tips 1% in crypto, G7 urges action on NK hackers: Asia Express

Binance has notified European Union users that access to key services will be restricted after the exchange failed to secure Markets in Crypto-Assets (MiCA) authorization from a member state before a July 1 deadline.
Those restrictions include halting the onboarding of new EU users and limiting certain services for EU-based accounts effective July 1, according to exchange notices shared by users on social media.
The notices said users will still be able to withdraw their assets after that date, stating that “all digital assets are still available for withdrawal,” in line with applicable regulatory requirements.
The move marks one of the first major transitions under the EU’s MiCA framework after Binance announced it withdrew its MiCA license application in Greece on Wednesday.
Cointelegraph approached Binance for comment on its plans but did not receive a response prior to the time of publication.
Binance advises moving funds to self-custodial wallets or other exchanges
In circulating notices, Binance told users they may move assets to self-custody wallets or transfer funds to other crypto asset service providers (CASPs).
The exchange operator said the transition is intended to be an “orderly process” aimed at minimizing disruption to users, with services reduced to position management and withdrawals after the deadline.
Source: IT_Tech_PL
Multiple MiCA-licensed CASPs including Revolut and OKX have been actively recruiting new users in EU member states ahead of next week's deadline.
Users seek clarity on staking and trading
Some Binance users have raised concerns over how specific services will be handled once EU service restrictions take effect after the MiCA transition ends.
In public replies on social media, users asked what will happen to staked crypto assets on Binance after the deadline, reflecting uncertainty around whether yield-generating positions will be affected by the upcoming service changes.
Source: Filipebinance
In response, a Binance representative said user balances “remain available and safe as always,” but did not provide specific details on how staking rewards or active positions will be treated under the restricted-services phase.
Community divides over Binance user impact
Views across the crypto industry differ on how significant the upcoming MiCA transition will be for existing Binance users in the European Union.
Dominik Tomczyk, CEO of SIA AlphaRoute, operating as Kanga Exchange EU, told Cointelegraph that non-licensed platforms may still continue serving existing users under the legal concept of “reverse solicitation.” He said that, from a user perspective, “nothing will change,” apart from restrictions on marketing and user acquisition within the EU.
Sławomir Zawadzki, co-CEO of Kanga Exchange, said existing users are unlikely to see major disruptions. He also suggested that much of the concern around MiCA-related changes is being overstated, adding that competitive positioning may be shaping parts of the public narrative.
Mixed response from users
One Binance EU user told Cointelegraph they were not overly concerned about the MiCA deadline, pointing to Binance’s liquidity and proof-of-reserves reporting. “I'll honestly continue using Binance until I see evidence of a potential enforcement action,” the person said.
Another user said the impact on Binance EU users would depend on how heavily they rely on the platform. They noted that their primary use of the platform is as a trading gateway and would switch to another exchange if needed, while suggesting the biggest disruption would likely affect active traders and users with large balances on the platform.
According to media reports, Binance’s global client base counts at least 300 million customers, while the app was downloaded more than 4 million times in the EU last year.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

Stablecoin issuer Circle and Japan's largest investment bank Nomura have reportedly partnered to enable instant foreign exchange settlement for Japanese companies as early as 2027.
The service would enable companies to convert yen into dollar-denominated stablecoins for cross-border transactions and instant settlement, reducing delays caused by banking hours and time zone differences, Nikkei reported on Thursday.
The partnership would bring one of the world's largest dollar stablecoins into Japan's corporate foreign exchange market, expanding the use of stablecoins for business-to-business cross-border settlement.
Circle is the issuer of the world’s second-largest stablecoin, USDC (USDC), which has a market capitalization of $73.8 billion, CoinMarketCap data shows.
Cointelegraph has reached out to Circle and Nomura but had not received a response by press time.
Stablecoin initiatives in Japan have been accelerating as financial institutions explore regulated blockchain-based settlement. On Wednesday, SBI Holdings and Startale Group announced JPYSC, a trust bank-backed yen stablecoin designed for institutional and cross-border settlement, while Ripple USD (RLUSD), the world's 10th-largest dollar stablecoin by market capitalization, officially launched in Japan.
Source: Ripple
Japan moves closer to crypto ETFs, lower tax on digital assets
Japan has been one of the first major economies to establish a legal framework for stablecoins, allowing banks, trust companies and licensed money transfer providers to issue regulated tokens under the Payment Services Act.
The Payment Services Act also currently governs cryptocurrencies in Japan, but regulators have been moving to shift digital assets under the Financial Instruments and Exchange Act, which would bring them closer to the regulatory treatment of traditional financial products.
Earlier in June, Japan’s Lower House passed a bill that would bring crypto assets under the country's financial instruments framework, potentially opening a path to exchange-traded funds, lower tax treatment, tighter exchange oversight, disclosure requirements and insider trading restrictions.
The proposed changes would also lower the capital gains tax on crypto assets from the current 55% to a 20% flat rate.
Magazine: Vietnam preps crypto pilot, HK pushes tokenization: Asia Express

Зарегистрированные на биржах США спотовые биржевые фонды на биткоин (ETF) зафиксировали в четверг крупнейшие дневные чистые оттоки за июнь, поскольку биткоин опустился ниже $60 000.
Спотовые Bitcoin ETF потеряли $696,3 млн, превысив предыдущий месячный максимум в $519,2 млн, зафиксированный 2 июня, согласно данным SoSoValue.
Последние выводы довели совокупные оттоки за июнь до $3,61 млрд, а чистые оттоки с начала года — до $4,6 млрд.
Ежемесячные потоки по спотовым Bitcoin ETF в США на пятницу включительно. Источник: SoSoValue
Оттоки из ETF совпали с признаками того, что и другие крупные источники институционального спроса на биткоин также замедляются. Strategy, крупнейший в мире корпоративный держатель биткоина, снизила темпы накопления в июне, что вызвало дискуссии о том, должна ли компания сохранять денежные средства во время рыночного спада.

A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket's frontend, affecting multiple users.
Blockchain analyst Specter said the malicious script appeared to facilitate a phishing attack that drained an estimated $2.94 million from at least 11 Polymarket user wallets.
Polymarket said on X that the compromise has been contained and that the affected dependency has been removed. It added that users would be fully refunded.
Cointelegraph has approached Polymarket for comment but did not receive a response before publication.
The attack was the 89th reported crypto security breach of the second quarter, according to DefiLlama data, extending the most-hacked quarter on record by incident count.
Source: Specter
Crypto exploit losses reach $74.9M across 29 June incidents
Crypto exploit losses climbed to $74.9 million across 29 reported incidents in June, surpassing May’s $60.5 million total but remaining far below April’s $644 million, according to DefiLlama data.
Total value hacked by monthly sum, 1-year chart. Source: DefiLlama.
The largest June incidents included the $36 million Humanity Protocol exploit, the $4.7 million Secret Network bridge exploit, two separate Aztec exploits worth $2.1 million each and a $1.7 million bridge exploit on Taiko.
Over the past 30 days, private key compromises accounted for 43% of reported exploit losses, making them the leading attack vector, according to DefiLlama. Fake proof exploits accounted for 10%, followed by reverse MEV honeypots at 8%, which present deceptive trading opportunities to lure and manipulate automated trading bots.
About a month before Polymarket's latest attack, the prediction market disclosed a separate $600,000 exploit that was traced to a six-year-old private key used for internal top-up operations. Josh Stevens, Polymarket's vice president of engineering, said the platform's contracts and user funds remained safe and that all permissions tied to the key had since been revoked.
Total value hacked by technique over the past 30 days. Source: DefiLlama
Polymarket currently holds over $450 million in total value locked, up 301% from $112 million a year ago, according to DefiLlama.
Magazine: Should users be allowed to bet on war and death in prediction markets?

Стейблкоин Tether USDt стал второй по величине криптовалютой по рыночной капитализации, поскольку Ether упал до самой низкой цены за год в пятницу
Рыночная капитализация Ether упала ниже $185 млрд после обвала цены на 5,2% за 24 часа, в результате чего актив на Coinbase рухнул до $1 510, сообщается в TradingView. Это позволило USDt с рыночной капитализацией $186 млрд обогнать криптовалюту.
«[Н]езависимый стейблкоин действительно наглядно подчеркивает, что рынок по-прежнему отдает предпочтение стабильности, а не нынешней волатильности ETH», — сказал Cointelegraph Андри Фаузан Адзиима, руководитель исследовательского направления в Bitrue Research Institute.

Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production.
Base posted to X on Thursday after the outage that the network’s blocks “are being produced normally, and we have verified widespread recovery in the ecosystem.”
Base’s status page said it was investigating “unhealthy” block production at 4:03 pm UTC on Thursday. At 5:21 pm UTC the team said it “isolated a consensus problem that caused an invalid block to be sequenced. This prevented new blocks from being created.”
Base said in an update just before 6 pm UTC that it had “recovered healthy blockbuilding” and that ecosystem-wide infrastructure was able to sync, adding it had identified the issue and would investigate the root cause and share a full post-mortem.
The outage was a rare instance of downtime for a major blockchain like Base, the most used Ethereum layer-2 network, which last experienced a major outage in August 2025 when it went down for 33 minutes, according to its status page.
Source: Base Build
Base creator Jesse Pollack posted to X that all funds on the network are safe, “but a halt is not okay and we’ll use this to continue to level up base as a platform for global, 24/7 finance.”
The downtime appeared to occur separately and just hours ahead of an upgrade for Base, dubbed Beryl, that was scheduled for 6 pm UTC and was completed two hours later at 8 pm UTC.
The update aimed to reduce delays on withdrawals and introduce a new token standard for real-world assets and stablecoins.
Layer-1 blockchain Sui experienced two periods of downtime on back-to-back days in May, each causing a temporary halt in block production. Sui later said the downtime was caused by a network update that it knew had a low probability of causing a halt.
Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves

Компания по инфраструктуре стейблкоинов StablecoinX завершила слияние с TLGY Acquisition Corp — публичной компанией специального назначения (SPAC), — что позволит ей начать торги на Nasdaq в пятницу.
StablecoinX — первая публичная компания по инфраструктуре стейблкоинов, ориентированная на поддержку экосистемы Ethena через децентрализованные узлы верификации и программную инфраструктуру, и будет торговаться под тикером «USDE», говорится в заявлении в четверг.
«Мы считаем, что Ethena стала одной из самых важных платформ, обеспечивающих следующее поколение цифровых долларов», — заявил Эдвард Чен, генеральный директор и председатель StablecoinX.

Криптосервисная инфраструктурная компания BitGo Holdings в четверг уволила около 15% сотрудников, поскольку ее генеральный директор пообещал сосредоточить компанию на направлениях, включая трейдинг, стейблкоины и искусственный интеллект.
«Сегодня я делюсь трудным решением: мы сокращаем штат почти на 15%», — написал в X в четверг сооснователь и генеральный директор BitGo Майк Белше. «Экосистема эволюционировала, и то, как мы строим финансовые сервисы, радикально изменилось».
«Нам нужно стать более точными, сосредоточенными и направить людей и энергию на наиболее важные области: безопасность, трейдинг, стейблкоины, расчеты и инфраструктуру, основанную на ИИ», — добавил он.

На протяжении двух последних циклов биткоин DeFi жило скорее как обещание, чем как категория.
Программируемый биткоин оставался видением, которое разделяет определённая группа биткоин-максималистов, верящих, что крупнейшая в мире криптовалюта может стать продуктивной, не теряя своей безопасности и качеств надёжных денег.
Однако закрытие в начале этого месяца платформы масштабирования Bitcoin Botanix поставило это видение под сомнение.
Если хорошо профинансированный и технически амбициозный биткоин-слой-2 с работающими приложениями, интеграциями и конкурентными доходностями не может привлечь достаточно пользователей, чтобы выжить, означает ли это, что биткоинеры просто не заботятся о децентрализованном финансировании?

Ключевые выводы:
Бурный отток из спотового Bitcoin ETF и «перегруженная» опционами на продажу просрочка указывают на угасание институционального спроса.
Асимметрия «риск–доходность» смещается в пользу акций технологического сектора, заставляя криптотрейдеров искать катализаторы помимо макроэкономических попутных ветров.
Bitcoin (BTC) упал на 9% за три дня, достигнув минимального уровня с сентября 2024 года. Перепроверка отметки $58 000 спровоцировала более $1 млрд ликвидаций по длинным (bullish) BTC в кредитном плече. Несмотря на умеренное восстановление до $59 500, трейдеры по-прежнему нервничают, поскольку индекс S&P 500 и цены на золото полностью отыграли свои внутридневные потери.