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Updated 11:54 PM UTC

DAI Dai

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Mkt Cap$4.58B

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Term Finance loses estimated $8.5M in vault governance exploit

Yearn said the attack involved a custom Term governance wrapper and did not affect standard Yearn V3 vaults.

Cointelegraph.com News

More News

What causes a stablecoin to depeg, and what actually brings it back

A depeg happens when the arbitrage path between market price and issuer redemption breaks. Whether it reopens - and how fast - explains why USDC and DAI recovered in days, USDT in weeks, and UST never did. The post What causes a stablecoin to depeg, and what actually brings it ba...

TheCoinrise

Term Finance Loses $8.5M In Ethereum Governance Attack

A governance takeover at Term Finance drained about $8.5M, exposing how concentrated voting power can threaten DeFi vaults.

Yellow News

Study Flags $8.2M Settlement Manipulation in Polymarket Bitcoin Markets

A new study of Polymarket’s five-minute Bitcoin contracts identified concentrated spot orders during the final seconds before settlement, followed by rapid price reversals once the contracts expired. David Dai and Ruizhe Jia of Stanford University and Shihao Yu of Singapore Manag...

Crypto Adventure

China moves to electric taxis to ease Hormuz oil scarcity issues

China imported 41.3% less crude oil in June this year compared to the same month a year earlier, with this posing as the country’s fuel import weakest month since October 2016. Electric taxis have helped to absorb a huge slice of the shortfall since the Strait of Hormuz crisis be...

Cryptopolitan

US Treasury's Scott Bessent Made The Case For Stablecoins And Tokenization — Now A Wall Street Veteran Says Crypto Skeptics Should Take Note

A Wall Street veteran argued investors can no longer dismiss crypto as purely speculative, citing the rise of tokenization, stablecoins and agentic commerce.

Stocktwits

ASML Stock (ASML) Soars on Bernstein’s Bold €2,300 Price Target Upgrade

Bernstein upgrades ASML stock with €2,300 target, forecasting €80B revenue by 2030 on AI chip demand. EUV sales expected to surge 30% annually. The post ASML Stock (ASML) Soars on Bernstein’s Bold €2,300 Price Target Upgrade appeared first on Blockonomi.

Blockonomi

Coinbase, Kraken, OKX expand EU account access after MiCA limits

With the EU’s Markets in Crypto-Assets (MiCA) framework set to start on July 1, several major cryptocurrency exchanges that are already licensed are stepping up efforts to keep— and win—European users. At the same time, companies that missed (or withdrew) their MiCA authorization...

CryptoBreaking

Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions

With many cryptocurrency exchanges expected to limit services for EU-based users starting on July 1, others authorized to operate under the MiCA restrictions are trying to lure their clients away.

Cointelegraph.com News

Aztec hit by second $2.1M exploit in less than a week: SlowMist

Security researchers warn that deprecated smart contracts can remain vulnerable long after projects stop maintaining them.

Cointelegraph.com News (Full)

Bullish/Bearish Forum Sentiment

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