Recent investigations reveal that stolen funds from the 2026 Kelp DAO and Humanity Protocol exploits were mixed through the same wallet, linking the attackers. The Humanity Protocol attacker moved 15,403 ETH (worth $23.6 million) to a new Ethereum address before transferring it to Bitcoin, where it was combined with Kelp DAO hack proceeds. Over $8 million has already been laundered. This commingling suggests a shared or closely connected cybercriminal network, possibly linked to North Korea. These events highlight ongoing security risks in DeFi amid growing market automation and price volatility.
Shibarium, the layer 2 network of Shiba Inu, has seen a sharp decline in daily transactions since peaking on June 17, indicating a slowdown in ecosystem activity. Despite this, the number of Shiba Inu holders is quietly increasing, suggesting sustain...
Galaxy Digital CEO Mike Novogratz attributes Bitcoin's recent price decline to financial stress at MicroStrategy, the largest public corporate Bitcoin holder. Concerns over MicroStrategy's capital structure, especially its preferred stock (STRC) trad...
Sonic Labs announced it has suspended its planned annual token inflation, significantly reducing future token supply expectations. This decision triggered a sharp 21% price increase for the Sonic token as investors reacted positively to the improved ...
Institutional interest in Ethereum is declining, with U.S. spot ETH ETFs seeing $12.85 million in net outflows recently, signaling reduced risk appetite amid market uncertainty. This drop in institutional capital limits support for Ethereum prices, w...
Eli Lilly's stock rose 7% in a single day, marking its largest gain since early February when it surged 10% after releasing 2025 results. The rise reflects broader gains in the healthcare sector but is notably driven by the company's advancements in ...
