Raydium DEX Exploited for $1.34 Million
Raydium’s retired AMM V3 program was exploited for $1.34M, with 150,000 RAY, 5,600 $SOL, and nearly 900,000 $USDC stolen. Funds were laundered via Tornado Cash.
Crypto News
CFTC Drafts Major Prediction Markets Framework
The US Commodity Futures Trading Commission (CFTC) proposes a regulatory framework for prediction markets, focusing on sports wagering and excluding election-related contracts. Public comment period open for 45 days. #Update #Legal
Stablecoin Proposal Sparks Major Warning
The Hyperliquid Policy Center and Paradigm urge US Treasury to refine stablecoin compliance rules, warning of potential overreach affecting developers and validators. #Update #Legal
XRP Could Surge to $10 or Plunge Below $1
Market expert Sam Daodu predicts $XRP could reach $10 by 2027, but bearish conditions might push it below $1 if demand falters and the CLARITY Act stalls. #Update #Crypto $XRP
Bitcoin Faces AI Stock Crash Threat
Arthur Hayes warns an AI stock crash could impact crypto before Bitcoin rebounds, citing energy costs and IPO pressures. Maelstrom cuts crypto positions but holds $BTC and $ETH. #Update #Crypto $BTC
Bitcoin Nears Bottom Analyst Predicts Surge
Ronaldo, a seasoned crypto analyst, predicts Bitcoin’s bottom is near, suggesting potential upcoming price movements. #Update #Crypto $BTC
Dogecoin Surges 300x Analyst Predicts $20
Dogecoin ($DOGE) is trading below $0.09, over 88% down from its May 2021 peak. Analyst Javon Marks predicts a potential rally to $20 based on alt-season patterns. #Update #Crypto $DOGE
XRP Pattern Everyone’s Missing Surges 50%
Crypto analyst Blacksea identifies a bullish pattern in $XRP, suggesting potential for a significant price surge similar to past triple-digit gains. #Update #Crypto $XRP
Bitcoin Collateral Launches Fannie Mae Mortgage
@Coinbase introduces the first mortgage using Bitcoin collateral under Fannie Mae coverage, marking a significant development in crypto-backed lending. #Update #Crypto $BTC
Ethereum Co-Founder Unveils Bold Crypto Shift
Bankless co-founder David Hoffman shifts capital from $ETH to $VVV, $NEAR, $ZEC, $HYPE, and $LIT, sparking debate on his investment strategy. #Update #Crypto
Bitcoin Crashes as Economist Declares Failure
Economist Alex Krüger claims crypto has failed as an asset class, despite rising blockchain adoption in stablecoins and tokenization. #Update #Crypto
Bitcoin Crashes Below $66K Amid Selloff
Bloomberg’s Joe Weisenthal argues crypto faces the “coldest winter” amid booming speculative tech, AI, and quantum computing sectors, highlighting crypto’s fading relevance. #Update #Crypto
Mastercard Launches Stablecoin Support on 8 Blockchains
@Mastercard plans to integrate regulated stablecoins like $USDC across eight blockchains for on-chain card settlements, enhancing liquidity management with new settlement cycles. #Update #Crypto $USDC
Schwab Targets $12.6T Crypto Launch 2027
@CharlesSchwab plans to expand crypto services for advisors by 2027, including spot trading and custody, enhancing its existing retail offerings. #Update #Crypto