Trump Media launches high-speed data feed for traders
Trump Media is now selling low-latency access to Truth Social posts through a new paid API. The service is specifically designed for high-frequency trading firms that want the fastest possible information on market-moving statements made by President Donald Trump.
Why it matters: This move allows algorithmic traders to capitalize on social media sentiment faster than the general public.
Not financial advice. DYOR.
Source: Cointelegraph
Trump Media is now selling low-latency access to Truth Social posts through a new paid API. The service is specifically designed for high-frequency trading firms that want the fastest possible information on market-moving statements made by President Donald Trump.
Why it matters: This move allows algorithmic traders to capitalize on social media sentiment faster than the general public.
Not financial advice. DYOR.
Source: Cointelegraph
Airbnb CEO hacked to promote crypto scam
Airbnb CEO Brian Chesky recently regained control of his X account after it was compromised by hackers. The attacker used the profile to post deceptive content about AI-driven tokenization.
Chesky has since warned new crypto-focused followers that his feed will be a disappointing follow, as he has no involvement in the project promoted during the breach.
Why it matters: High-profile account takeovers continue to be used as tools to manipulate users into engaging with fraudulent cryptocurrency schemes.
Not financial advice. DYOR.
Source: CoinDesk
Airbnb CEO Brian Chesky recently regained control of his X account after it was compromised by hackers. The attacker used the profile to post deceptive content about AI-driven tokenization.
Chesky has since warned new crypto-focused followers that his feed will be a disappointing follow, as he has no involvement in the project promoted during the breach.
Why it matters: High-profile account takeovers continue to be used as tools to manipulate users into engaging with fraudulent cryptocurrency schemes.
Not financial advice. DYOR.
Source: CoinDesk
Bitcoin beats South Korean stocks for stability
The AI-driven market hype is cooling off rapidly, causing a shift in volatility rankings. Recent data shows that Bitcoin has become less volatile than South Korean stocks as investor enthusiasm for AI tech begins to wane.
Why it matters: This transition suggests that Bitcoin is increasingly viewed as a more predictable asset compared to specific high-growth equity sectors.
Not financial advice. DYOR.
Source: CoinDesk
The AI-driven market hype is cooling off rapidly, causing a shift in volatility rankings. Recent data shows that Bitcoin has become less volatile than South Korean stocks as investor enthusiasm for AI tech begins to wane.
Why it matters: This transition suggests that Bitcoin is increasingly viewed as a more predictable asset compared to specific high-growth equity sectors.
Not financial advice. DYOR.
Source: CoinDesk
Bitcoin hit by fresh headwinds as Chinese AI outperforms rivals
Bitcoin prices dipped alongside semiconductor stocks following a major breakthrough in the AI sector. Moonshot AI's new model, Kimi K3, has officially surpassed both Claude and GPT in frontend coding benchmarks.
Because Kimi K3 is free to use, it has disrupted market expectations and triggered a broader sell-off across tech and crypto assets.
Why it matters: Advancements in AI coding efficiency are currently dragging down sentiment in the wider semiconductor and cryptocurrency markets.
Not financial advice. DYOR.
Source: CoinDesk
Bitcoin prices dipped alongside semiconductor stocks following a major breakthrough in the AI sector. Moonshot AI's new model, Kimi K3, has officially surpassed both Claude and GPT in frontend coding benchmarks.
Because Kimi K3 is free to use, it has disrupted market expectations and triggered a broader sell-off across tech and crypto assets.
Why it matters: Advancements in AI coding efficiency are currently dragging down sentiment in the wider semiconductor and cryptocurrency markets.
Not financial advice. DYOR.
Source: CoinDesk
Allbridge halted after 1.65 million dollar exploit
The cross-chain bridge Allbridge has suspended operations following a security breach that resulted in the loss of approximately 1.65 million dollars. The attacker manipulated the bridge’s stablecoin exchange rate by utilizing a flash loan and executing rapid token swaps.
Why it matters: This exploit highlights the ongoing vulnerability of cross-chain bridges to flash loan-based price manipulation attacks.
Not financial advice. DYOR.
Source: Cointelegraph
The cross-chain bridge Allbridge has suspended operations following a security breach that resulted in the loss of approximately 1.65 million dollars. The attacker manipulated the bridge’s stablecoin exchange rate by utilizing a flash loan and executing rapid token swaps.
Why it matters: This exploit highlights the ongoing vulnerability of cross-chain bridges to flash loan-based price manipulation attacks.
Not financial advice. DYOR.
Source: Cointelegraph
AI Mining Deals Boost Sector Stocks
Bitcoin mining stocks surged today after Hut 8 and IREN secured massive multi-billion-dollar deals to build AI infrastructure. The market reaction signals strong investor support for miners who are pivoting their business models toward data centers and cloud computing services.
Why it matters: Miners are successfully rebranding as high-growth AI infrastructure providers to diversify their revenue streams beyond just minting Bitcoin.
Not financial advice. DYOR.
Source: Cointelegraph
Bitcoin mining stocks surged today after Hut 8 and IREN secured massive multi-billion-dollar deals to build AI infrastructure. The market reaction signals strong investor support for miners who are pivoting their business models toward data centers and cloud computing services.
Why it matters: Miners are successfully rebranding as high-growth AI infrastructure providers to diversify their revenue streams beyond just minting Bitcoin.
Not financial advice. DYOR.
Source: Cointelegraph
AFX protocol hacked for 24 million dollars
The AFX protocol has reportedly suffered a major security breach resulting in the loss of 24 million dollars. The incident involved a third-party protocol bridge.
Offchain Labs confirmed that the exploit was isolated to the external protocol and did not impact the native Arbitrum bridge infrastructure.
Why it matters: This exploit serves as another reminder of the significant security risks associated with cross-chain bridge protocols.
Not financial advice. DYOR.
Source: Cointelegraph
The AFX protocol has reportedly suffered a major security breach resulting in the loss of 24 million dollars. The incident involved a third-party protocol bridge.
Offchain Labs confirmed that the exploit was isolated to the external protocol and did not impact the native Arbitrum bridge infrastructure.
Why it matters: This exploit serves as another reminder of the significant security risks associated with cross-chain bridge protocols.
Not financial advice. DYOR.
Source: Cointelegraph
BitMEX Delists 65 Trading Pairs
BitMEX is significantly downsizing its platform offerings this month. The crypto exchange is removing 65 derivative contracts and trading pairs throughout July.
This move marks a major acceleration in the exchange's cleanup efforts, as it only removed 19 pairs during the first half of the year combined.
Why it matters: This aggressive delisting strategy reflects a major shift in the exchange's operational focus as it consolidates its available trading products.
Not financial advice. DYOR.
Source: Cointelegraph
BitMEX is significantly downsizing its platform offerings this month. The crypto exchange is removing 65 derivative contracts and trading pairs throughout July.
This move marks a major acceleration in the exchange's cleanup efforts, as it only removed 19 pairs during the first half of the year combined.
Why it matters: This aggressive delisting strategy reflects a major shift in the exchange's operational focus as it consolidates its available trading products.
Not financial advice. DYOR.
Source: Cointelegraph
Stocks Beat Crypto on Hyperliquid
For the first time ever, real-world assets like stocks, commodities, and market indices have outperformed traditional cryptocurrency trading volume on Hyperliquid, the world's largest decentralized derivatives exchange.
ARK Invest suggests this shift marks a significant turning point in the evolution of decentralized finance. The growing demand for tokenized traditional assets highlights a bridge between Wall Street and on-chain trading.
Why it matters: This trend suggests decentralized exchanges are evolving into primary hubs for trading all global asset classes, not just digital currencies.
Not financial advice. DYOR.
Source: Decrypt
For the first time ever, real-world assets like stocks, commodities, and market indices have outperformed traditional cryptocurrency trading volume on Hyperliquid, the world's largest decentralized derivatives exchange.
ARK Invest suggests this shift marks a significant turning point in the evolution of decentralized finance. The growing demand for tokenized traditional assets highlights a bridge between Wall Street and on-chain trading.
Why it matters: This trend suggests decentralized exchanges are evolving into primary hubs for trading all global asset classes, not just digital currencies.
Not financial advice. DYOR.
Source: Decrypt
Crypto ETFs finish the week in the red
Ethereum ETFs have seen their five-day inflow streak snapped, while Bitcoin ETFs recorded their second consecutive day of outflows. Despite these recent pullbacks, both asset classes managed to extend their overall weekly inflow streaks to three.
Why it matters: The cooling momentum for spot crypto ETFs suggests a shift in investor sentiment as the markets close out the week.
Not financial advice. DYOR.
Source: Cointelegraph
Ethereum ETFs have seen their five-day inflow streak snapped, while Bitcoin ETFs recorded their second consecutive day of outflows. Despite these recent pullbacks, both asset classes managed to extend their overall weekly inflow streaks to three.
Why it matters: The cooling momentum for spot crypto ETFs suggests a shift in investor sentiment as the markets close out the week.
Not financial advice. DYOR.
Source: Cointelegraph
South Korea's biggest bank joins JPMorgan’s blockchain network
Kookmin Bank, the largest lender in South Korea, is set to launch a new payment service using JPMorgan’s blockchain platform, Kinexys. This move aims to streamline cross-border US dollar transactions for import and export businesses operating across 10 different countries.
Why it matters: This integration signals increasing institutional adoption of blockchain technology to make global corporate trade and payments faster and more efficient.
Not financial advice. DYOR.
Source: Cointelegraph
Kookmin Bank, the largest lender in South Korea, is set to launch a new payment service using JPMorgan’s blockchain platform, Kinexys. This move aims to streamline cross-border US dollar transactions for import and export businesses operating across 10 different countries.
Why it matters: This integration signals increasing institutional adoption of blockchain technology to make global corporate trade and payments faster and more efficient.
Not financial advice. DYOR.
Source: Cointelegraph
Binance pulled from Google Play in EU
Binance’s official Android app has been removed from the Google Play Store across select countries in the European Union. The move comes as the world's largest exchange faces increasing regulatory scrutiny regarding compliance with the region's new Markets in Crypto-Assets (MiCA) framework.
Why it matters: This development highlights the growing pressure on global crypto platforms to align with strict new EU regulatory standards.
Not financial advice. DYOR.
Source: Cointelegraph
Binance’s official Android app has been removed from the Google Play Store across select countries in the European Union. The move comes as the world's largest exchange faces increasing regulatory scrutiny regarding compliance with the region's new Markets in Crypto-Assets (MiCA) framework.
Why it matters: This development highlights the growing pressure on global crypto platforms to align with strict new EU regulatory standards.
Not financial advice. DYOR.
Source: Cointelegraph
US Senators push for CLARITY Act ethics update
US Senators have submitted revised ethics guidelines to the White House regarding the proposed CLARITY Act. This move comes as the window to pass a comprehensive crypto market structure bill narrows ahead of a month-long Senate recess.
Lawmakers remain divided over ethics provisions, which have become a primary hurdle in advancing the legislation.
Why it matters: Resolving these ethics concerns is critical for the bill to gain enough support before the upcoming legislative break.
Not financial advice. DYOR.
Source: Cointelegraph
US Senators have submitted revised ethics guidelines to the White House regarding the proposed CLARITY Act. This move comes as the window to pass a comprehensive crypto market structure bill narrows ahead of a month-long Senate recess.
Lawmakers remain divided over ethics provisions, which have become a primary hurdle in advancing the legislation.
Why it matters: Resolving these ethics concerns is critical for the bill to gain enough support before the upcoming legislative break.
Not financial advice. DYOR.
Source: Cointelegraph
Coldcard urges Mk3 users to migrate funds
Coinkite has issued a warning to users of its Coldcard Mk3 hardware wallet, advising them to move their funds to new devices. The company identified a potential security risk related to how the hardware generates seed phrases.
This alert follows ongoing investigations by security experts into a mysterious $38 million Bitcoin theft. While the specific link between the drain and the Mk3 vulnerability is still being examined, the company is prioritizing user security.
Why it matters: Security researchers are working to determine if this hardware flaw is responsible for the massive multi-million dollar Bitcoin loss.
Not financial advice. DYOR.
Source: Cointelegraph
Coinkite has issued a warning to users of its Coldcard Mk3 hardware wallet, advising them to move their funds to new devices. The company identified a potential security risk related to how the hardware generates seed phrases.
This alert follows ongoing investigations by security experts into a mysterious $38 million Bitcoin theft. While the specific link between the drain and the Mk3 vulnerability is still being examined, the company is prioritizing user security.
Why it matters: Security researchers are working to determine if this hardware flaw is responsible for the massive multi-million dollar Bitcoin loss.
Not financial advice. DYOR.
Source: Cointelegraph
Coldcard exploit triggers massive Bitcoin outflow
A staggering 90 million dollars in Bitcoin has been drained from cold storage, rattling market sentiment. Meanwhile, the Clarity Act faces uncertainty as the window for a Senate vote closes in just five days.
Despite the security concerns, some analysts suggest the broader market is entering a phase of bullish consolidation.
Why it matters: Security breaches involving cold storage highlight the ongoing challenges in safeguarding digital assets against sophisticated exploits.
Not financial advice. DYOR.
Source: Cointelegraph
A staggering 90 million dollars in Bitcoin has been drained from cold storage, rattling market sentiment. Meanwhile, the Clarity Act faces uncertainty as the window for a Senate vote closes in just five days.
Despite the security concerns, some analysts suggest the broader market is entering a phase of bullish consolidation.
Why it matters: Security breaches involving cold storage highlight the ongoing challenges in safeguarding digital assets against sophisticated exploits.
Not financial advice. DYOR.
Source: Cointelegraph