Category: crypto
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Gnosis Pay exploit tied to Zodiac delay module as users exit
Gnosis Pay users were advised to withdraw funds due to an exploit related to the platform’s Zodiac delay module. Co-founder Martin Köppelmann and blockchain security firm PeckShield issued warnings. The bug allowed attackers to initiate transactions from Safes using the module. Gnosis promised to cover user losses and took measures to contain the damage.
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Binance enters U.S. stock trading with 7,000 equities for users
Binance will now allow non-U.S. users to trade over 7,000 U.S. stocks and ETFs with zero commissions and fractional shares starting at $5. Users can purchase equities using USDT, USDC, BNB, and selected cryptocurrencies. Binance also plans to launch tokenized stocks called bStocks in the future to expand its offerings.
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Bitcoin ETPs face worst 2026 outflow as $1.67B leaves crypto funds: CoinShares
Crypto investment products, including ETPs, experienced $1.67 billion in outflows last week, with Bitcoin funds leading the selling with $1.44 billion withdrawn. Altcoin participation narrowed sharply, with only a few assets seeing inflows. The United States accounted for most of the selling, while XRP, Hyperliquid, and Near attracted some inflows.
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XRP ETFs beat Bitcoin and Ethereum funds with $131.94M May inflow
XRP ETFs saw strong inflows of $131.94 million in May, the best performance of 2026, while Bitcoin and Ethereum products faced heavy withdrawals. Despite XRP’s weak spot price, institutional demand remained positive. XRP outperformed Bitcoin and Ethereum in fund flow performance, showing continued investor interest in altcoin products during market volatility.
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Ripple-backed Evernorth files SEC amendment for $1B XRP treasury
Evernorth Holdings, backed by Ripple, has filed an amended SEC registration statement for a proposed merger to create a Nasdaq-listed XRP treasury company. The company has secured over $1 billion in investments and plans to expand XRP-related services beyond treasury holdings. Financial disclosures show a decline in the value of XRP held by the company.…
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Strategy breaks four-year Bitcoin buying streak with surprise sale
Strategy sold 32 BTC for $2.5 million, ending a four-year accumulation streak. The proceeds will fund preferred stock distributions, reducing holdings to 843,706 BTC. The sale followed a transfer to Coinbase Prime, and executives hinted at potential future Bitcoin sales. The company also raised $128.3 million through stock sales.
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Tom Lee’s Bitmine buys 26,497 ETH, lifting holdings to 5.42M ETH
Bitmine Immersion Technologies added 26,497 ETH last week, bringing its total holdings to 5.42 million tokens, which is 4.49% of Ethereum’s supply. The company aims to reach a 5% supply target and has staked 4.72 million ETH, with projected annualized staking revenue of $258 million.
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Strive unveils $4.2B fundraising push to accelerate Bitcoin buys
Strive plans to expand its fundraising by $4.2 billion to support more Bitcoin purchases. The company recently acquired 1,109 BTC for $85.4 million, increasing its holdings to 16,500 BTC. The decision follows increased liquidity and investor demand for securities. Strategy sold 32 BTC for $2.5 million to support distributions.
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Fed backs stablecoins as BoE says tokenized deposits may win in 5 years
Federal Reserve Governor Christopher Waller defended stablecoins at a conference, emphasizing their role in payment competition rather than crypto risks. He highlighted the potential for stablecoins to extend monetary reach globally. Meanwhile, Bank of England policymaker Megan Greene suggested that tokenized deposits could surpass stablecoins in the future. Senator Cynthia Lummis urged Congress to act…
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Failed Hong Coin ICO returns $2M in Ether after 10 years
A white hat hacker helped recover 1,003 ETH worth $2 million from a failed 2016 Hong Coin ICO contract. Funds were locked for almost a decade due to a bug preventing refunds. The hacker identified a flaw in the contract, allowing refunds to be processed for the 48 original investors.