Token of Power suffered an exploit on Tuesday that drained more than $1.5 million from its liquidity pool. On-chain firms Blockaid, PeckShield, and Cyvers flagged the incident in posts on X. Token of Power lost 944.2 WETH, worth about $1.58 million, from its TOP/WETH Balancer V1 pool. Blockaid described the incident as a governance-takeover attack,…
JPMorgan ether and altcoin analysts said the tokens won’t catch bitcoin without a major lift in network activity. Summary JPMorgan said ether and altcoins will keep lagging bitcoin without meaningful improvement in DeFi and real-world use cases. Bitcoin spot ETFs have recovered two-thirds of recent outflows, while ether ETFs have recovered only one-third. The bank…
Pudgy Penguins traded near $0.0067585 on June 11, gaining 1.22% over 24 hours, according to crypto.news market data. Summary PENGU trades near $0.00675, close to the $0.00602 support that anchors its current range. Open interest rose 6.71% to $61.76m as derivatives volume climbed 37.63% to $139.91m during trading. Vibes TCG Season 3 adds fresh brand…
Bitcoin treasury companies may need to revisit their capital structures if Bitcoin remains under pressure, with consolidation becoming more likely across the sector, according to Strive Chief Investment Officer Ben Werkman. Summary Strive CIO Ben Werkman said prolonged Bitcoin weakness could push some treasury companies toward consolidation, particularly those carrying debt funded accumulation strategies. Werkman…
Cardano’s ADA fell below $0.20 on June 4, 2026, its lowest price in more than five years. The token is down roughly 70% over the past year and more than 93% from its 2021 all-time high of $3.09. Summary Cardano’s ADA fell below $0.20 for the first time in more than five years as selling…
India’s crypto tax checks have become stricter after the Income Tax Department issued more than 44,000 notices linked to virtual digital asset filings. Summary India issued over 44,000 VDA notices after matching crypto filings with exchange-reported transaction data. Tax officials found Rs 888 crore in hidden VDA income as filing checks became stricter. Investors must…
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Summary Standard Chartered kept its $100K Bitcoin target after BTC rebounded from the $59K zone. Geoffrey Kendrick linked the selloff to forced selling, weak ETF flows, and liquidity stress. Kendrick kept the $4K Ethereum target and expects ETH to outperform…
BitGo has opened access to Aave, Spark and Tesseract for eligible institutional clients through its integration with Narval. Summary BitGo lets eligible institutions access Aave, Spark and Tesseract while assets remain in qualified custody. Narval checks transaction details, approved contracts and policy rules before BitGo authorizes wallet signing requests. The launch expands regulated DeFi access…
Hyperliquid and Zcash are leading the altcoin market, but analysts warn that crowded sentiment and stretched indicators may raise pullback risk. Summary Hyperliquid trades near $59 after hitting a $62.18 all-time high on May 21. Zcash is up over 100% in 30 days, but traders now watch the $700 resistance zone. Analysts warn crowded sentiment…
Solana price has failed to build momentum after rebounding from last week’s lows, with technical and on-chain signals pointing to lingering downside risks. Summary Solana’s rebound has stalled below $67 after a steep early June selloff. Whale transfers, token unlocks, and lower staking levels continue to weigh on sentiment. A bearish flag pattern suggests SOL…
