Arthur Hayes re-enters Hyperliquid as technicals warn of a drop below $55
Hyperliquid has rebounded from last week’s sharp selloff after Arthur Hayes appeared to re-enter the market, but bearish technical signals continue to threaten a move below the $55 support zone. According to data from crypto.news, Hyperliquid (HYPE) traded near $61.7…
Over 200 Crypto Groups Urge Senate Clarity Act Vote
TLDR Over 200 crypto companies and groups urged a Senate vote on the Clarity Act. Coinbase, Ripple, Kraken, Circle, and Binance US signed the industry letter. Stand With Crypto said it mobilized nearly 3 million advocates nationwide. The Senate Banking Committee passed the Clarity Act with bipartisan support. Senator Cynthia Lummis confirmed the bill now [...] The post Over 200 Crypto Groups Urge Senate Clarity Act Vote appeared first on Blockonomi.
South Korean police raid Bithumb over alleged preferential hiring case
South Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. According to a Monday report from…
Bitcoin Punches Back Above $63K as Nasdaq Claws Back 1.3% From Worst Drop in a Year
Bitcoin climbed back above $63,000 Monday morning as institutional buyers stepped in and U.S. lawmakers advanced key crypto legislation, pushing the total digital asset market cap to $2.19 trillion. Institutions Buy the Dip Strategy purchased an additional 1,550 BTC for approximately $101 million, according to data circulating Monday. The move came as bitcoin traded near […]
France tests Arcadia AI system as European alternative to Palantir
France's Arcadia AI system could enhance European digital sovereignty, reduce reliance on US tech, and boost local defense industries. The post France tests Arcadia AI system as European alternative to Palantir appeared first on Crypto Briefing.
Banks prepare for widespread job cuts as AI integration accelerates
AI-driven job cuts in banking highlight a shift towards tech-centric operations, potentially reshaping industry roles and competitive dynamics. The post Banks prepare for widespread job cuts as AI integration accelerates appeared first on Crypto Briefing.
Trump says US is close to Iran nuclear deal, warns military action remains on the table
The potential Iran nuclear deal could stabilize geopolitical tensions, impacting global oil markets and crypto dynamics amid ongoing sanctions. The post Trump says US is close to Iran nuclear deal, warns military action remains on the table appeared first on Crypto Briefing.
Strategy Acquires 1,550 BTC for $101 Million
Strategy has acquired an additional 1,550 BTC for $101.3 million. The purchase was financed through the sale of 1,409,600 MSTR shares under the ATM program. Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRChttps://t.co/94TmyRWVrs— Strategy (@Strategy) June 8, 2026 According to a report for the U.S. Securities and Exchange Commission, the transactions took place from June 1 to June 7. The average purchase price was $65,332 per coin. Strategy holds 845,256 BTC valued at approximately $53.5 billion. The company's total expenditure on cryptocurrency, including fees and expenses, amounts to $64 billion. The average entry price for the entire portfolio is $75,680. At current levels, the company's unrealized loss is approximately $10.5 billion. Meanwhile, Strategy controls more than 4% of the total Bitcoin supply. A week earlier, Strategy disclosed the sale of 32 BTC for $2.5 million at an average price of $77,135. The company stated that the proceeds were intended for preferred stock payments. BitMine Reserves BitMine Immersion Technologies increased its Ethereum holdings to 5.54 million ETH — the company's largest purchase since the beginning of the year. The firm now controls 4.59% of the total supply of the second-largest cryptocurrency by market capitalization. 1/BitMine provided its latest holdings update for June 8, 2026 $9.6 billion in total crypto + "moonshots": — 5,543,872 ETH at $1,630 per ETH per ETH (per@coinbase)— 203 Bitcoin (BTC)— $200 million stake in Beast Industries @MrBeast — $88 million stake in…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) June 8, 2026 The total value of BitMine's assets, including cryptocurrency and cash, amounted to $9.6 billion. As of June 7, the company holds: 5.54 million ETH; 204 BTC; stakes in Beast Industries ($180 million) and Eightco ($88 million); $247 million in cash. BitMine maintains its position as the largest corporate holder of Ethereum. In the global crypto reserves ranking, the company is second only to Strategy with its 843,706 BTC reserve. Approximately 4.7 million ETH are staked through the company's own platform MAVAN and partner services. The expected annual yield from this activity is $270 million. Bitmine Chairman Thomas Lee noted that the company will continue to acquire coins. In June, Grayscale analysts described Strategy's first Bitcoin sale in a long time as a "stress test" of its financial model.
MetaMask Introduces AI-Powered Agent Wallet for Decentralized Trading
MetaMask launches Agent Wallet, enabling AI agents to perform autonomous onchain trading with security controls, supporting EVM chains and multiple AI frameworks. The post MetaMask Introduces AI-Powered Agent Wallet for Decentralized Trading appeared first on Blockonomi.
Nvidia (NVDA) Stock Gains Ground as CEO Jensen Huang Frames Market Dip as Discount Opportunity
Nvidia stock gained 2% Monday as CEO Jensen Huang urged investors to view Friday's chip selloff as a discount opportunity amid new AI partnership deals. The post Nvidia (NVDA) Stock Gains Ground as CEO Jensen Huang Frames Market Dip as Discount Opportunity appeared first on Blockonomi.
Corning (GLW) Shares Soar 10% Following Major Amazon Fiber Partnership
Corning (GLW) stock soared 10% after Amazon revealed a multibillion-dollar optical fiber partnership, adding 1,000 jobs in North Carolina. The post Corning (GLW) Shares Soar 10% Following Major Amazon Fiber Partnership appeared first on Blockonomi.
MetaMask Debuts Agent Wallet for Autonomous DeFi Access
TLDR MetaMask launched Agent Wallet to enable AI-driven self-custody trading on Ethereum. The wallet supports swaps, perpetual futures, prediction markets, and liquidity provisioning. Every transaction undergoes simulation, threat scanning, and MEV protection before execution. Risky transactions require two-factor authentication approval from the user. Safe transactions qualify for up to $10,000 under Transaction Protection coverage. MetaMask [...] The post MetaMask Debuts Agent Wallet for Autonomous DeFi Access appeared first on Blockonomi.
Strategy buys 1,550 Bitcoin after controversial 32 BTC sale
Strategy resumed Bitcoin buying by purchasing 1,550 BTC for $101.3 million, bringing its total holdings to 845,256 BTC after last week’s controversial sale.
South Korea police raid Bithumb over lawmaker hiring favoritism probe: report
South Korean lawmaker Kim Byung-gi faces probe over alleged nepotism tied to his son’s crypto jobs as police raid Bithumb's offices.
Shiba Inu: Shytoshi Kusama Breaks X Silence With 'Focus' Update
Shytoshi Kusama broke weeks of silence on X following an update to his bio.
Intel (INTC) Stock Soars 12% on Major Google TPU Order and Nvidia Partnership Rumors
Intel (INTC) stock rallied 12% after reports emerged of a major Google chip order and Nvidia testing Intel's advanced manufacturing technology. The post Intel (INTC) Stock Soars 12% on Major Google TPU Order and Nvidia Partnership Rumors appeared first on Blockonomi.
5 leading free AI stock trading bot platforms in 2026
AI stock trading bots offer trials and paper trading as traders test automation tools before committing funds. AI stock trading bot platforms are easier to access in 2026, but “free” rarely means unlimited. For most traders, free access usually means…
Nvidia market cap surpasses $5T, solidifying tech dominance
Nvidia's valuation surge underscores the strategic importance of semiconductors in global tech dominance and geopolitical dynamics. The post Nvidia market cap surpasses $5T, solidifying tech dominance appeared first on Crypto Briefing.
SpaceX IPO poised to be largest in history, buyers anticipate first-day surge
SpaceX's IPO could redefine market dynamics, setting new benchmarks for investor expectations and influencing future aerospace investments. The post SpaceX IPO poised to be largest in history, buyers anticipate first-day surge appeared first on Crypto Briefing.
Israeli airstrikes hit Tyre and southern Lebanon amid conflict escalation
The escalation may hinder peace efforts, increase regional instability, and affect market perceptions of future conflict dynamics. The post Israeli airstrikes hit Tyre and southern Lebanon amid conflict escalation appeared first on Crypto Briefing.
Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC
Bitcoin Magazine Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. […] This post Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
UK FCA Proposes 10% Cap for Funds Holding Crypto ETNs
TLDR UK FCA proposes allowing authorized funds to hold up to 10% in crypto ETNs. The consultation forms part of the FCA’s 52nd quarterly paper and closes on July 13. UCITS and most non-UCITS retail schemes would qualify under the proposed framework. Qualified investor schemes would face no allocation cap under the proposal. Long-term asset [...] The post UK FCA Proposes 10% Cap for Funds Holding Crypto ETNs appeared first on Blockonomi.
Ripple Price Analysis: Is XRP Ready for a Comeback After Reclaiming Major Support?
XRP remains under pressure on higher timeframes after extending its decline within a broad descending channel. However, the asset is now attempting to stabilize above an important support region while showing early signs of recovery against Bitcoin. The coming sessions could determine whether it can establish a meaningful bottom or continue its longer-term downtrend. Ripple […]
Best Exchanges to Trade Oil With Crypto in 2026: The Complete Guide
My extensive guide on how to trade oil with cryptocurrency in 2026.
Nvidia’s Jensen Huang confirms Vera CPUs will use SK Hynix memory chips
Nvidia's reliance on SK Hynix for memory chips highlights potential supply chain vulnerabilities, impacting AI hardware stability and investor confidence. The post Nvidia’s Jensen Huang confirms Vera CPUs will use SK Hynix memory chips appeared first on Crypto Briefing.
US weighs redirecting $24 billion in frozen Iranian assets to Gulf allies for war damage
Redirecting Iranian assets to Gulf allies could escalate regional tensions, complicate diplomatic relations, and impact global financial stability. The post US weighs redirecting $24 billion in frozen Iranian assets to Gulf allies for war damage appeared first on Crypto Briefing.
OPEC+ plans small oil output quota hike for July, but the Strait of Hormuz makes it mostly symbolic
OPEC+'s symbolic quota hike highlights geopolitical tensions' impact on oil logistics, underscoring the fragility of global energy supply chains. The post OPEC+ plans small oil output quota hike for July, but the Strait of Hormuz makes it mostly symbolic appeared first on Crypto Briefing.
400 Billion SHIB in 24 Hours: Dormant Whale Hits Gnosis Safe After Month of Inactivity
A dormant Shiba Inu coin address just absorbed 400 billion SHIB from a Gnosis multisig vault, boosting its total portfolio value to $1.89 million.
Bitmine (BMNR) Stock: Firm Acquires 126,971 ETH in Largest 2026 Weekly Buy
Bitmine (BMNR) acquired 126,971 ETH last week, its largest 2026 buy yet, pushing holdings to 5.54M tokens worth $9B despite market downturn pressures. The post Bitmine (BMNR) Stock: Firm Acquires 126,971 ETH in Largest 2026 Weekly Buy appeared first on Blockonomi.
Strategy (MSTR) Stock Surges 7% Following Fresh $101M Bitcoin Acquisition
Strategy (MSTR) stock jumped 6.55% after purchasing 1,550 Bitcoin for $101.3M, expanding its crypto reserves to 845,256 BTC valued at $53.8 billion. The post Strategy (MSTR) Stock Surges 7% Following Fresh $101M Bitcoin Acquisition appeared first on Blockonomi.
Tango Therapeutics (TNGX) Stock Soars 45% Following Breakthrough Pancreatic Cancer Data
TNGX stock surged 45% after clinical data revealed a 92% response rate in pancreatic cancer patients. Phase 3 trials expected to begin in 2026. The post Tango Therapeutics (TNGX) Stock Soars 45% Following Breakthrough Pancreatic Cancer Data appeared first on Blockonomi.
Bitmine Buys 126,971 ETH in Largest 2026 Dip Purchase
TLDR Bitmine acquired 126,971 ETH worth about $214 million in one week. The purchase raised total holdings to 5.54 million ETH, valued at nearly $9.3 billion. The firm now controls 4.59% of ether’s circulating supply. Chairman Thomas Lee said the pullback does not reflect Ethereum’s strengthening fundamentals. Bitmine reported about $247 million in cash alongside [...] The post Bitmine Buys 126,971 ETH in Largest 2026 Dip Purchase appeared first on Blockonomi.
Megapari Launches World Cup Pass 2026: Choosing Game Pass, Getting Free Bets, and Entering the Prize Draw
[PRESS RELEASE – London, United Kingdom, June 8th, 2026] Megapari is excited to announce the World Cup Pass 2026 promotion, running from June 10 to July 19, 2026, alongside the FIFA World Cup. Players can choose from three levels of game passes to earn free bets for completing tasks and automatically enter a grand prize […]
Bitcoin Price Prediction: What Is BTC’s Most Likely Scenario This Week?
Bitcoin continues to trade under heavy pressure after losing several key support levels in quick succession. The recent breakdown has pushed the asset into a significant demand region around $60K, while on-chain data suggests older coins are increasingly moving to exchanges, adding another layer of caution for market participants. Bitcoin Price Analysis: The Daily Chart […]
Tom Lee Says AI Systems Will Lift Ethereum Demand as Bitmine Stacks 5.54M ETH
Bitmine Immersion Technologies now controls 4.59% of the entire ethereum supply after accumulating 5.54 million ETH valued at approximately $9.04 billion at current prices. Holdings Overview The Norwalk, Connecticut-based company disclosed total crypto, cash, and “moonshot” holdings of $9.6 billion as of June 7, 2026. The breakdown includes 5,543,872 ETH at $1,630 per token, 204 […]
MetaMask debuts AI agent wallet with up to $10K in transaction protection coverage
MetaMask's AI wallet innovation could redefine asset management, enhancing security and autonomy in DeFi, potentially boosting user confidence. The post MetaMask debuts AI agent wallet with up to $10K in transaction protection coverage appeared first on Crypto Briefing.
Solana Price Crash: Is This the Right Time to Buy SOL Crypto?
Solana Price Crash: Is This the Right Time to Buy SOL Crypto? The crypto market has seen big ups and downs this year. Many coins lost half their value or more. The post Solana Price Crash: Is This the Right Time to Buy SOL Crypto? appeared first on Blockmanity.
UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good
The United Nations Development Programme has started a fresh effort to use blockchain in meaningful ways. It created a new group that brings together major networks like , , and along with 23 other organizations. What the New Group Aims […] The post UNDP Launches Blockchain Advisory Group with Ethereum Cardano and Stellar for Global Good appeared first on Blockmanity.
XRP price rebounds, but fading volume raises doubts over recovery
XRP trades near $1.16 after Bybit open interest fell 36%, while Binance leverage and fading volume keep the next volatile move in focus now.
Is Dogecoin Near A Bottom? This Key Metric Is Offering New Clues On The Matter
With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting that DOGE’s market bottom may be taking shape. Dogecoin’s Price Bottoming Signal Emerges Dogecoin may witness a slight […]
Wall Street questions whether anyone can actually absorb the flood of new AI shares
The surge in AI stock offerings could strain investor resources, altering tech investment dynamics and potentially increasing market volatility. The post Wall Street questions whether anyone can actually absorb the flood of new AI shares appeared first on Crypto Briefing.
Fitch expects Brent to stay at $100-110/barrel in June-July during Hormuz closure
The prolonged Hormuz closure could lead to sustained global economic strain, influencing energy policies and geopolitical alliances. The post Fitch expects Brent to stay at $100-110/barrel in June-July during Hormuz closure appeared first on Crypto Briefing.
Iran’s Supreme Leader Khamenei to be buried in Mashhad after city processions
Khamenei's death and the ensuing processions may destabilize Iran's political landscape, affecting regional geopolitical dynamics. The post Iran’s Supreme Leader Khamenei to be buried in Mashhad after city processions appeared first on Crypto Briefing.
OPEC+ raises July oil output quota by 188,000 barrels per day, but there’s a catch
Ongoing geopolitical tensions limit actual oil exports, sustaining high prices and inflation, impacting global monetary policy and risk assets. The post OPEC+ raises July oil output quota by 188,000 barrels per day, but there’s a catch appeared first on Crypto Briefing.
UK’s FCA Proposes Allowing Funds to Hold Crypto ETNs
The UK's Financial Conduct Authority (FCA) has proposed allowing regulated retail investment funds to hold up to 10% of their assets in exchange-traded notes (ETNs) on crypto assets. The regulator deems a higher proportion inappropriate due to the speculative nature of the underlying assets and is not currently considering direct investments by authorized funds in cryptocurrencies.
Strategy Buys 1,550 Bitcoin for $101M, Holdings Hit 845K BTC
TLDR Strategy purchased 1,550 BTC for about $101.3 million between June 1 and June 7. The company now holds 845,256 BTC, valued at roughly $53.5 billion. Strategy funded the acquisition through at-the-market sales of MSTR shares. The firm recently sold 32 BTC for about $2.5 million to fund STRC dividends. Strategy reported a $1 billion [...] The post Strategy Buys 1,550 Bitcoin for $101M, Holdings Hit 845K BTC appeared first on Blockonomi.
SUNation Energy (SUNE) Stock Soars 165% Following Suniva Reverse Merger Announcement
SUNation Energy (SUNE) stock exploded 165% after revealing a reverse merger with Suniva, offering shareholders a 100% premium in the transaction. The post SUNation Energy (SUNE) Stock Soars 165% Following Suniva Reverse Merger Announcement appeared first on Blockonomi.
Tech Stocks Stage Monday Recovery as Nasdaq Futures Surge Following Sharp Friday Decline
Nasdaq futures jump 1.4% as tech stocks recover from Friday's losses. Oil tops $97 amid Iran-Israel conflict. Critical CPI data and SpaceX IPO on deck this week. The post Tech Stocks Stage Monday Recovery as Nasdaq Futures Surge Following Sharp Friday Decline appeared first on Blockonomi.
ARK Invest Scoops Up Broadcom (AVGO) After Stock Plunge, Dumps Archer Aviation Shares
ARK Invest bought Broadcom (AVGO) after a 20% drop and added Circle Internet, while selling Archer Aviation and reducing AMD (AMD) in June 2026 trades. The post ARK Invest Scoops Up Broadcom (AVGO) After Stock Plunge, Dumps Archer Aviation Shares appeared first on Blockonomi.
Tom Lee’s Bitmine buys the ETH dip and hits 92% of its accumulation target
Bitmine's strategic ETH accumulation amid market dips highlights a bullish stance on Ethereum's long-term role in AI and financial tokenization. The post Tom Lee’s Bitmine buys the ETH dip and hits 92% of its accumulation target appeared first on Crypto Briefing.
Dogecoin to $0.1 Roadmap: Analyzing Price Squeeze to Historic Tightness Amid Hidden 29% ETF Surge
As DOGE price dips to $0.086, a hidden 29% ETF surge shows institutions are positioning for $0.1 recovery ahead of SpaceX IPO on Friday.
Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million
Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million Strategy resumed its bitcoin accumulation strategy with a $101 million purchase of 1,550 BTC, rebuilding confidence after its first bitcoin sale in years and bringing its holdings to 845,256 BTC. This post Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Campbell Soup (CPB) Shares Climb 3% Despite Revenue Miss in Q3 Report
Campbell's (CPB) stock rose 3.3% on Q3 earnings beat of $0.50/share, though revenue fell 4% to $2.37B. Snacks division struggles continue to weigh on results. The post Campbell Soup (CPB) Shares Climb 3% Despite Revenue Miss in Q3 Report appeared first on Blockonomi.
Ethereum’s 10-year uptime rests on a hidden consensus trade-off
Ethereum researcher Luca Zanolini explains how two-layer consensus, slashing and client diversity have kept blocks moving for over 10 years.
US resolution demands Iran provide details on nuclear sites, raising geopolitical risk for crypto markets
Increased geopolitical tensions from US-Iran nuclear disputes could trigger market volatility, impacting crypto assets and investor strategies. The post US resolution demands Iran provide details on nuclear sites, raising geopolitical risk for crypto markets appeared first on Crypto Briefing.
Investors confront four harsh realities facing AI as a business
AI's profitability gap challenges investor expectations, highlighting the need for sustainable cost management and realistic revenue projections. The post Investors confront four harsh realities facing AI as a business appeared first on Crypto Briefing.
White hats rescue $500K in NFTs after Flooring exploit
CoinGecko and NFT Price Floor data show NFT market cap has cooled since April, while CryptoPunks and BAYC remain top collections by value.
Bitmine’s 5.54M Ethereum bet puts its 5% supply goal within reach
Bitmine raises its Ethereum holdings to 5.54 million ETH, worth about $9.04 billion, while 4.72 million tokens remain staked through MAVAN.
Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018
Bitcoin has slipped into what analysts call a “cheap zone,” with its market value to realized value (MVRV) ratio falling to 1.1, a 27-month low. A reading of this nature has historically preceded major market bottoms. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s MVRV ratio has dropped to about 1.1, sitting […]
Russia boosts security after Khamenei’s reported death amid US-Israel tensions
Russia's heightened security reflects broader geopolitical instability, potentially affecting regional alliances and global security dynamics. The post Russia boosts security after Khamenei’s reported death amid US-Israel tensions appeared first on Crypto Briefing.
Quantum Computing Firms Increasingly Opt for SPACs
Quantum computing companies are increasingly opting for SPACs to go public, as this approach allows them to lock in valuations earlier and disclose financial forecasts, unlike traditional methods. According to Lou Gerken, head of FIGX Capital Acquisition, the share of SPACs among all IPOs in the US rose from approximately 18% in 2024 to 40–45% in 2025 and nearly 60% in 2026. The success of such deals depends on an experienced team, a specialized sponsor, and PIPE financing.
Yuga Labs Rescues $500,000 Worth of NFTs
Yuga Labs conducted an emergency operation to extract 68 NFTs from vulnerable Flooring Protocol pools. The assets are temporarily held by the company and are planned to be returned after a resolution is agreed upon with the protocol developers, stated project CEO Michael Figge. We’ve just finished a whitehat operation on an exploit discovered in Flooring Protocol.Now safely in the custody of Yuga Labs:29 bored apes4 mutant apes1 bakc2 cryptopunks1 azuki2 elementals26 captains1 moonbird2 doodles@0xQuit, our VP of Blockchain recovered the…— figge (@mfigge) June 8, 2026 The operation saved the following assets: 29 Bored Ape Yacht Club (BAYC); 2 CryptoPunks; 4 Mutant Ape Yacht Club (MAYC); 1 Bored Ape Kennel Club (BAKC); 1 Azuki and 2 Elementals; 26 Captains; 1 Moonbird; 2 Doodles. Yuga Labs' Vice President of Blockchain, known as 0xQuit, reported that the market value of the extracted tokens exceeds $500,000. The operation also involved a researcher by the nickname coffeedev and the platform GrailsOTC, which provided liquidity for the asset transfer. A Flooring exploit today turned a dust amount of WETH into a near-infinite fpToken balance, allowing the attacker to drain Flooring pools.This led to a followup opportunist scooping up tokens from the now depleted pools and exchanging them for underlying NFTs.1/🧵— Quit (@0xQuit) June 8, 2026 The vulnerability was found in the token accounting logic of the BT404 standard style. Due to integer underflow errors, attackers could create a "phantom ownership" state, gain an unlimited fpToken balance, and deplete liquidity pools. Developers of Flooring Protocol acknowledged that the bug was missed during checks due to overly optimized bit-level code. The project team is currently working on a fix to allow Yuga Labs to safely return the assets to their rightful owners. Market Context The incident occurred amid stagnation in the non-fungible token segment. According to CoinGecko, the total market capitalization is $1.42 billion. Source: CoinGecko. There is a high concentration of capital in the largest collections: CryptoPunks — $546.7 million; Bored Ape Yacht Club — $153 million; Pudgy Penguins — $74.7 million. Back in January, Animoca Brands co-founder Yat Siu dismissed the notion of the NFT market's demise and identified the driving force behind it.
Tesla (TSLA) Stock Climbs as SpaceX IPO Demand Falls Short of Expectations
Tesla (TSLA) climbed 1.4% Monday while SpaceX's $75B IPO attracted two-times oversubscription, falling short of Wall Street's success threshold. The post Tesla (TSLA) Stock Climbs as SpaceX IPO Demand Falls Short of Expectations appeared first on Blockonomi.
ZachXBT calls out Hayes for dumping WLD, ZEC, HYPE, and NEAR after bullish public posts
Such actions could undermine trust in crypto markets, highlighting the need for transparency and ethical conduct among influential figures. The post ZachXBT calls out Hayes for dumping WLD, ZEC, HYPE, and NEAR after bullish public posts appeared first on Crypto Briefing.
Ukraine condemns Russian drone strike on Chornobyl nuclear facility
The attack underscores escalating nuclear risks, highlighting the potential for regional and global environmental and security threats. The post Ukraine condemns Russian drone strike on Chornobyl nuclear facility appeared first on Crypto Briefing.
Bank of Israel buys $801M in FX market to curb shekel strength
The Bank of Israel's intervention highlights the delicate balance between supporting exports and managing inflation, impacting future monetary policy. The post Bank of Israel buys $801M in FX market to curb shekel strength appeared first on Crypto Briefing.
OPEC+ approves fourth consecutive oil output increase as Strait of Hormuz crisis deepens
The prolonged Strait of Hormuz crisis exacerbates global energy instability, impacting oil-dependent industries and influencing crypto market dynamics. The post OPEC+ approves fourth consecutive oil output increase as Strait of Hormuz crisis deepens appeared first on Crypto Briefing.
XRP Ledger Plummets 70% in Active Users in 24 Hours: Why This Drop May Not Be Bearish
XRP Ledger shaves off a substantial percentage of its active users, which might be a positive signal though.
Micron (MU) Stock Surges 7% After Friday’s Sharp Decline—What’s Behind the Recovery?
Micron (MU) stock rebounds 7% after Friday's 13% drop. Nvidia confirms Micron as HBM4 supplier, easing concerns over SK Hynix partnership announcement. The post Micron (MU) Stock Surges 7% After Friday’s Sharp Decline—What’s Behind the Recovery? appeared first on Blockonomi.
Marvell (MRVL) Stock Surges 7% on S&P 500 Addition Announcement
Marvell (MRVL) stock surges 7.4% after S&P 500 inclusion confirmed for June 22. Flex also joins index as Campbell's and Pool Corp exit. The post Marvell (MRVL) Stock Surges 7% on S&P 500 Addition Announcement appeared first on Blockonomi.
FuelCell Energy (FCEL) Stock Plunges Nearly 20% Following Disappointing Q2 Earnings Report
FuelCell Energy (FCEL) shares dropped 19% after reporting a Q2 loss of $77.6M, double last year's loss, with revenue down 5% and a $42.6M impairment charge. The post FuelCell Energy (FCEL) Stock Plunges Nearly 20% Following Disappointing Q2 Earnings Report appeared first on Blockonomi.
Nurix Therapeutics (NRIX) Stock Drops as Roche Announces $2.3 Billion Cancer Drug Partnership
Nurix Therapeutics (NRIX) partners with Roche in $2.3B deal for blood cancer drug bexobrutideg. $700M upfront, Phase III trials begin this summer. The post Nurix Therapeutics (NRIX) Stock Drops as Roche Announces $2.3 Billion Cancer Drug Partnership appeared first on Blockonomi.
American Battery Technology (ABAT) Stock Soars 30% as DOE Restores $115M Lithium Refinery Funding
American Battery Technology (ABAT) stock surged 30% after successfully appealing the DOE's grant termination, restoring $115M in funding for its Nevada refinery. The post American Battery Technology (ABAT) Stock Soars 30% as DOE Restores $115M Lithium Refinery Funding appeared first on Blockonomi.
Battalion Oil (BATL) Stock Soars in Premarket on Middle East Tensions and Rising Crude Prices
Battalion Oil (BATL) stock jumped up to 48.5% premarket as Israeli strikes on Iran pushed Brent crude above $97, triggering a rally in energy stocks. The post Battalion Oil (BATL) Stock Soars in Premarket on Middle East Tensions and Rising Crude Prices appeared first on Blockonomi.
Monday’s Stock Winners: Eli Lilly (LLY), Nurix (NRIX), and Broadcom (AVGO) Rally
Eli Lilly stock jumps on Foundayo obesity trial results, Nurix surges 38% on $2.3B Roche deal, and AI chip stocks recover from Friday's decline. The post Monday’s Stock Winners: Eli Lilly (LLY), Nurix (NRIX), and Broadcom (AVGO) Rally appeared first on Blockonomi.
JUST IN: Strategy buys 1,550 Bitcoin after sale as cash reserve hits $1B
Strategy bought 1,550 Bitcoin for $101.3M, lifting holdings to 845,256 BTC and raising its cash reserve to $1 billion after selling 32 BTC.
Bitcoin is going quantum-proof. Inside BIP-360 and the migration
For most of Bitcoin’s history, the threat of quantum computers breaking its cryptography was a distant, theoretical worry, the kind of thing dismissed with “by the time that happens, we will have fixed it.” In 2026, the fixing has begun.…
China Banned Bitcoin — Then One Of Its Highest Courts Just Ruled It’s Protected Property
China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thief to nearly 11 years in prison for stealing 107 Bitcoin — in a ruling that creates a striking legal contradiction at […]
Hezbollah targets Israeli army site in Adaisa with rocket barrage
The attack signals a tactical escalation, undermining ceasefire efforts and decreasing the likelihood of a permanent peace deal. The post Hezbollah targets Israeli army site in Adaisa with rocket barrage appeared first on Crypto Briefing.
Bitcoin’s store of value case remains intact despite weak inflows: Bernstein
Bitcoin has attracted about $12 billion in combined inflows from exchange-traded funds and corporate treasury buyers in 2026, even as ETF investors pulled a net $2.6 billion from the market, according to Bernstein. Bernstein analysts led by Gautam Chhugani said…
Bybit launches IPO Express, opens tokenized SpaceX IPO subscription via xStocks
Bybit's IPO Express could democratize access to major IPOs, potentially reshaping investment landscapes and broadening market participation. The post Bybit launches IPO Express, opens tokenized SpaceX IPO subscription via xStocks appeared first on Crypto Briefing.
Bernstein Describes Current Bitcoin Cycle as ‘Boring’
The $2.6 billion outflow from US spot bitcoin ETFs since the start of 2026 and the market's 'boring' performance do not undermine the thesis of the leading cryptocurrency as a store of value. This is according to a report by The Block, citing Bernstein. Experts led by Gautam Chhugani noted that the current cycle shows weaker dynamics compared to previous growth periods, yet the market structure remains healthy. They attributed the current volatility to limited liquidity and retail investors' interest in the AI sector, rather than a loss of faith in digital gold. Bernstein acknowledged that in short periods, the asset still correlates with risky instruments. Nevertheless, bitcoin adoption has expanded through institutional platforms, pension funds, and corporate treasuries. According to Glassnode, 61% of the market supply has remained inactive for over a year. Corporate purchases were identified as the main demand driver offsetting ETF outflows. Strategy plays a key role here, having raised $7.5 billion through preferred instruments in 2026 to purchase approximately 100,000 BTC. Currently, the company manages over 818,000 BTC, with the risk of forced sales considered minimal. Meanwhile, Glassnode analysts observed some market pressure: realized capitalization growth has slowed to nearly zero, and the share of supply in profit has decreased to 59.8%. Despite this, Bernstein maintains a bullish outlook. Back in April, Bernstein analysts identified $60,000 as a 'clear bottom' for bitcoin.
One Week After Selling 32 BTC, Strategy Buys 1,550 More for $101 Million
Strategy has added 1,550 bitcoin to its treasury for approximately $101 million, bringing its total holdings to 845,256 BTC and its USD reserve to $1.0 billion. Executive Chairman Michael Saylor disclosed the purchase on X on June 8, 2026, sharing the company’s updated reserve figures. The announcement came exactly one week after Strategy’s first disclosed […]
Chinese court treats Bitcoin as property in 107 BTC memory theft case
Man in eastern China who stole 107 Bitcoin using a memorized seed phrase gets 10 years and nine months behind bars.
BTC price bottom not due until Q4? Five things to know in Bitcoin this week
Bitcoin traders warned that it should be Q3 at least before the real BTC price bear market bottom entered.
Saylor’s Strategy Resumes Bitcoin Accumulation Spree After Last Week’s Sale
Analysts have outlined numerous times in the past week the significance of that one minor sale. But, that narrative could evaporate if Strategy keeps buying.
Strategy buys 1,550 Bitcoin for $101 million after offloading 32 coins
Strategy's aggressive Bitcoin accumulation highlights institutional confidence in crypto's long-term potential despite current market volatility. The post Strategy buys 1,550 Bitcoin for $101 million after offloading 32 coins appeared first on Crypto Briefing.
Shiba Inu and Dogecoin set to soar, but this memecoin could rally 3000% and outshine them
SHIB and DOGE regain attention as investors explore utility-focused meme projects like Little Pepe and its L2 vision. Several experts predict a comeback for SHIB and DOGE, particularly among retail traders and other digital asset participants, because Shiba Inu has…
Will Solana price slide to $50? Inside the whale exodus
Solana fell to $66 as whales cut exposure and analysts flag $50. But the network is shipping its biggest-ever upgrades. Inside the exodus and the paradox.
Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers
Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected. The report from the US Department of Labor shows a resilient labor market, but it also complicated the liquidity that risk assets had been trying to price in, leaving […]
JPMorgan AM and Pictet predict ECB rate hike will be ‘one and done’
Divergent ECB rate hike forecasts could lead to significant market volatility, impacting bond yields, currency strength, and risk assets. The post JPMorgan AM and Pictet predict ECB rate hike will be ‘one and done’ appeared first on Crypto Briefing.
Eli Lilly (LLY) Stock Surges 4% Following Breakthrough Sleep Apnea Trial Results
Eli Lilly (LLY) stock jumped 4% after Phase 3 data revealed retatrutide cut sleep apnea by 60% and knee pain by 73%, outpacing rival Novo Nordisk. The post Eli Lilly (LLY) Stock Surges 4% Following Breakthrough Sleep Apnea Trial Results appeared first on Blockonomi.
Solana price rebounds after hitting 3-year low, is a return to May highs possible?
Solana price has rebounded from a three-year low after a wave of liquidations eased and buyers stepped back into the market, though traders remain divided on whether the token can reclaim its May highs. According to data from crypto.news, Solana…
ZachXBT flags JuCoin over withdrawal issues and reserve concerns
JuCoin's withdrawal issues and reserve doubts highlight the critical need for transparency and third-party audits in cryptocurrency exchanges. The post ZachXBT flags JuCoin over withdrawal issues and reserve concerns appeared first on Crypto Briefing.
BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave
TLDR: Bitcoin dropped 16% this week as aggressive futures selling on Binance dominated price action. Binance recorded nearly $15B in futures sell volume on Friday alone, signaling mass capitulation. Spot Bitcoin ETFs posted $1.75B in net outflows, marking their worst weekly result since April 2025. Analyst Astronomer argues the four-year cycle bottom need not breach [...] The post BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave appeared first on Blockonomi.
Goldman Sachs Delays Fed Rate Cut Expectations Until 2027 Amid Robust Employment Data
Goldman Sachs delays Fed rate cut forecast to 2027 after strong jobs data. Bank projects inflation above 3% in 2026 and raises rate hike probability to 20%. The post Goldman Sachs Delays Fed Rate Cut Expectations Until 2027 Amid Robust Employment Data appeared first on Blockonomi.
FixedFloat suspends Huobi funds, but did UK sanctions go too far?
FixedFloat will suspend Huobi-linked funds for checks after UK sanctions, while ZachXBT warns broad wallet tainting may distort risk scores.
Iran declares end of military operations against Israel: Fars
Iran's announcement may signal regional de-escalation, impacting market stability and reducing the likelihood of further military actions. The post Iran declares end of military operations against Israel: Fars appeared first on Crypto Briefing.
IBM (IBM) Stock Drops Amid Escalating AI Governance Concerns
IBM (IBM) stock drops as new research exposes critical AI governance gaps, rising security incidents, and budget oversight challenges facing enterprise CIOs. The post IBM (IBM) Stock Drops Amid Escalating AI Governance Concerns appeared first on Blockonomi.
IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Mount
IBM stock drops as new research reveals major AI governance challenges, with CIOs struggling to manage rising incidents, budget visibility, and control gaps. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Mount appeared first on Blockonomi.
IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Escalate
IBM stock drops as enterprise AI study exposes governance gaps, rising incidents, and budget control challenges facing technology leaders. The post IBM (IBM) Stock Drops as Enterprise AI Governance Challenges Escalate appeared first on Blockonomi.