ETech°®️🇪🇹
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🇺🇸 Daily crypto news and Web3 updates for the US crypto audience and global investors.
Focused on Bitcoin, Ethereum, DeFi, airdrops, and real-time blockchain innovations.
Clarity, speed, and value — no noise.
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🔴 #BTC Long position liquidated: $1.27M at $63,717.37
🔴 #ETH Long position liquidated: $1.33M at $1,718.34

Data provided by — 🥳 @Coach

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You don’t get what you truly want—because you keep saying yes to things that matter less.

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Bitget is launching direct US stock purchases with cryptocurrency.

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💻 Jared Sandwich Bot Hacked for $14M

Jaredfromsubway, a top sandwich bot, was exploited in a $14M attack. The hacker deployed 100+ fake Uniswap V2 pairs with counterfeit wrapped tokens, mimicking real pools.

Low-value swaps on these decoy routes tricked Jared into back-running with real funds, earning tiny profits—building false trust. The bot kept approvals active on malicious contracts.

The attacker then harvested 50 live token allowances:
• 16 for WETH
• 20 for USDC
• 14 for USDT

And drained ~4,759 WETH, 3.58M USDC, 2.53M USDT—totaling $14M.

A masterclass in deception, used against the sandwich king.

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⚡️ BREAKING: A strategy fund acquired 520 BTC last week and boosted its USD reserves by $400 million, per a recent filing.

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Michael Saylor's strategy in action: acquiring 520 Bitcoin for $35 million.

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The U.S. has issued a 60-day general license permitting the sale, production, and delivery of Iranian oil.

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Public company Strives acquires 759 BTC for $50 million.

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Elon Musk's SpaceX $SPCX dropped 10.5% today, wiping more than $250 billion off its market valuation.

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Bitmine added 52,203 $ETH in the past week, increasing its total holdings to 5.67M ETH

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😒 Leadership Overhaul at Sonic Labs

André Cronje and other prominent figures are stepping down from the Sonic Labs (S) board. Cronje clarified that he was always in the role of CTO, not a commercial founder, and will now shift focus to Flying Tulip.

Newly appointed CEO Matt Visher and COO Costa Corkamelis are committed to transparent governance, including the establishment of a dedicated risk committee, and emphasizing that S token holders are vital stakeholders.

This fresh start comes after S plunged 97% from its all-time high and suffered a significant loss of community trust.

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🇺🇸 US Senate Imposes Four-Year Ban on CBDC

In an 85-5 vote, the US Senate approved a housing bill containing a provision that halts the Federal Reserve from launching a digital dollar for four years. The measure prevents the Fed from developing central bank digital currencies—or similar digital assets—directly or via third parties until 2030.

During his confirmation hearing, Fed Chair Kevin Warsh labeled CBDCs a "bad political decision." Earlier this year, President Trump also took a firm stance, signing an executive order to block CBDC development.

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⚠️ WSJ Exposes Polymarket’s Fake Win Campaign

The Wall Street Journal has uncovered a misleading marketing push by Polymarket, alleging the prediction platform paid influencers to post videos featuring fabricated betting wins. A review of 1,105 videos from 10 creators revealed that nearly all showcased non-existent trades.

Investigators found that many used cloned versions of Polymarket’s website to simulate victories, often relying on outdated clips and fabricated news headlines. These videos collectively reached over 140 million views across social platforms.

According to the report, Polymarket spent $2,000–$3,000 monthly on bloggers to produce deceptive content. In 118 of these videos, creators appeared to profit $900,000—amounts that stand in stark contrast to reality, where similar actual bets would have resulted in a $166,000 loss.

Details continue to unfold.

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⚡️ BREAKING: The Ethereum Foundation reveals major restructuring, cutting 20% of its team.

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After a month-long pause, THORChain has resumed full operations — swaps, liquidity, and validator rotation are now back online. RUNE surged 7% following the relaunch.

Next on the roadmap: native support for Monero and Zcash swaps. The network was temporarily halted in May due to a ~$10 million exploit.

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Mark Zuckerberg directs $META to develop a prediction markets app.

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The U.S. House Committee has set a hearing for July 17 to discuss the proposed Crypto Clarity Act.

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SpaceX has shed over $600 billion in market value in just three days—nearly half of Bitcoin's entire market cap—following its announcement of a first-ever bond sale.

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⚡️ BREAKING: Mark Zuckerberg has tasked Meta with creating a prediction markets app.

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🇺🇸 $1 trillion erased from the US stock market today.

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