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SecondFi completes final balance snapshot for 374 wallets hit by Cardano key exploit
Following the automated attacks that saw funds leave wallets in SecondFi, Cardano’s wallet provider formerly known as Yoroi Wallet, between June 21 and 23, affected users now have something to cheer about. SecondFi announced that it has taken a final balance snapshot on June 26 to begin processing refunds for affected users. According to the...Cryptopolitan
Fri, Jun 26
Polymarket says its annualized revenue has climbed above $1 billion
Polymarket says its yearly revenue pace has climbed past $1 billion, a figure revealed as trading activity accelerates across prediction markets. The update arrived just over a month after the company opened access to its regulated U.S. marketplace by removing a waiting list that had been in place since launch. Recently, the FIFA World Cup...Cryptopolitan
Fri, Jun 26
TikTok and YouTube remove 4.7 million accounts amid expanding global enforcement efforts
Indonesia has shut down about 4.7 million social media accounts held by children under 16, the country’s communications minister said, as the government’s new rules on young users start to take hold. Officials called the figure an early sign that platforms are beginning to meet their duty to keep children safe online. The deactivations are...Cryptopolitan
Fri, Jun 26
Michael Saylor doubles down on Bitcoin as Strategy sits on $14 billion in unrealized losses
Critics warn that Strategy’s financial structure is collapsing under the weight of rising dividend costs and shrinking cash reserves, yet Michael Saylor has reiterated that he will not abandon his Bitcoin strategy. Unrealized losses on Strategy’s Bitcoin reserve have climbed up around $14 billion following Bitcoin’s decline to below $60,000. Does Strategy’s financial strategy still...Cryptopolitan
Fri, Jun 26
AscendEX users report frozen withdrawals as on-chain investigator flags empty hot wallets
Cryptocurrency exchange AscendEX is currently under pressure after multiple users reported stuck withdrawals. Blockchain investigator ZachXBT has also stated that the platform’s known hot wallets hold few liquid assets, raising questions about the Singapore-headquartered exchange capability to meet redemption demands. I recommend your team answers the following questions for the community: 1) Why are AscendEX...Cryptopolitan
Fri, Jun 26
SpaceX plans to sell a Starlink-branded mobile service directly to US consumers
SpaceX is weighing a plan to sell its own Starlink-branded mobile phone service to people across the United States, a step that would pit Elon Musk’s company against the country’s biggest phone carriers. The Financial Times reported on Friday that the company is also thinking about building its own ground-based wireless network down the line....Cryptopolitan
Fri, Jun 26
Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels. The prevailing bearish pressure weighs on the prospects of a rebound despite potential bullish RSI divergences.
Hyperliquid’s HYPE gets $319 price target from Multicoin
On June 25, Multicoin Capital (Multicoin) published a full valuation for HYPE, the native token of Hyperliquid, indicating annual revenues for the protocol will reach approximately $8 billion by 2028, resulting in a price target of $319 — over five times its current trading value of around $63. The firm disclosed that they have been...Cryptopolitan
Fri, Jun 26
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