Token of Power Governance Takeover Drains $1.58M From Balancer Pool
An attacker exploited Token of Power's Aragon DAO governance setup to mint 10 billion TOP tokens and drain roughly $1.58 million from a Balancer pool. Blockaid identified the incident as a governance-takeover attack rather than a smart-contract coding flaw. The Aragon Voting app had no timelock, allowing proposal creation, voting, and execution in one transaction.
Supermicro Computer shares fell double digits after the company announced plans to raise approximately $7 billion through equity and equity-linked financing. The company said proceeds will fund components for roughly $39 billion in AI server orders received in recent weeks. Analysts said the financing could increase outstanding shares and reduce the value of existing holdings.
Tether Leads Up to $1.4B Neura Robotics Round With Wallet Integration Planned
Tether said Wednesday it led a Series C round worth up to $1.4 billion in German tech startup Neura Robotics. Tether said Neura will integrate Tether's Wallet Development Kit directly into robotic systems. Neura is developing robotic humanoids, precision arms, autonomous mobile robots, and service robots.
Stand With Crypto UK Pushes Banks to Lift Exchange Transfer Limits
Stand With Crypto UK launched a campaign urging banks to lift restrictions on transfers to crypto exchanges. The group asked more than 286,000 registered UK advocates to file complaints with their banks. A cited report found that about 40% of attempted transactions from UK banks to crypto exchanges are blocked or delayed.
Raydium said an exploit targeting its legacy AMM V3 program removed roughly $1.34 million from inactive liquidity pools. Raydium said its treasury will compensate all losses. The protocol said current users and current mainnet programs were not impacted.
Hyli Shuts Down ZK Blockchain Project After Two Years
Hyli is shutting down its ZK blockchain project after two years, citing weak market demand for zero-knowledge technology. The project raised $3.4 million and completed core infrastructure, but the team said no viable path exists for launching the network in the current environment.
Analyst Says BTC Could Bottom in October if Cycle Pattern Repeats
Crypto influencer Ash Crypto said BTC could bottom in October if it repeats a pattern of bottoming about 11 months after a monthly MACD dead cross. Ash Crypto said the current cycle is seven months past that signal, but actual moves could vary with macroeconomic conditions and supply-demand shifts.
Tether led a Series C funding round of up to $1.4 billion for Neura Robotics. Tether also plans to integrate its wallet development kit into Neura's robotic systems.
Puneet Mehta predicted that AI industry growth will significantly boost demand for stablecoins and blockchain payment infrastructure. Mehta said the customer experience market could expand from around $500 billion to $5 trillion by 2030.
Iranian President Pezeshkian said Iran will resist any pressure or threats after Trump threatened severe strikes. Pezeshkian called threats against infrastructure a sign of desperation, not strength.
U.S. CPI rose 4.2% year-on-year in May, reaching a three-year high. The core CPI annual rate reached its highest level since September last year. U.S. President Trump said he was not concerned and said, "I love inflation."
Mastercard Launches AI Agent Payments With Stablecoin Support
Mastercard launched Agent Pay for Machines, an AI payments platform backed by more than 30 participating companies. The service lets AI agents transact through cards, bank accounts, and stablecoins. Coinbase, OKX, Polygon, RippleX, Stripe, and Cloudflare are among the participants.
Anthropic’s Fable 5 Redirects Smart Contract Audits to Opus
Anthropic’s public Claude Fable 5 model redirects cybersecurity requests, including smart contract audits, to Claude Opus 4.8. Colossus Pay CEO Joseph Delong said Fable 5 refuses smart contract audit requests. Anthropic said Fable uses broad safeguards for cybersecurity, biology and chemistry, and distillation topics.
BeInCrypto analysts graded Claude Fable 5 price calls for Bitcoin, Ethereum, and XRP against live data and prediction market odds. The test found that Fable 5 chose useful metrics but missed several figures and timing points.
Mastercard Unveils Agent Pay for Machines With Stablecoin Support
Mastercard unveiled Agent Pay for Machines, a payments infrastructure for AI agents with more than 30 early adopters. The system supports fast, always-on microtransactions between AI agents and machines across cards, accounts, and stablecoins. Early crypto adopters include Coinbase, OKX, Aave Labs, Alchemy, Anchorage Digital, BVNK, MoonPay, Polygon, Ripple, and Solana. Mastercard said AP4M adds AI credentialing and programmatically enforced permissions.
US President Donald Trump said the United States would take "very tough" action against Iran if a peace agreement cannot be reached. Trump said the United States could resume bombing and said Iran shot down an Apache helicopter in the Strait of Hormuz.
Bitcoin has dropped over 50% from its October high and briefly fell below $60,000. Anthony Pompliano said the correction could be one of Bitcoin's healthiest bear markets.
U.S. stock declines widened again as the Nasdaq fell nearly 1.5%. Trump revealed that he will soon meet with 12 top artificial intelligence company executives. Trump previously stated that he would resume strikes against Iran.
U.S. stocks closed lower today, with the Nasdaq down 1.5%. The S&P 500 fell 0.94%, and the Dow Jones fell 1.2%. President Donald Trump announced he would resume military strikes against Iran.