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BonkDAO Treasury Drained of $20M via Malicious Proposal
Hacks

BonkDAO Treasury Drained of $20M via Malicious Proposal

BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account. The DAO said the…
Summer Finance Drained of $6M in Flash Loan Exploit
Hacks

Summer Finance Drained of $6M in Flash Loan Exploit

DeFi vault platform Summer Finance was drained of roughly $6 million on Monday in an exploit that security firm Blockaid said its detection system flagged as it was unfolding. Blockaid posted the exploit transaction, the attacker's address and the affected Lazy Summer contracts within minutes of…
AVAX One CEO Jolie Kahn Resigns Days After Stock Crash Warning
People

AVAX One CEO Jolie Kahn Resigns Days After Stock Crash Warning

AVAX One Technology, the Nasdaq-listed Avalanche treasury and bitcoin-mining company, said Chief Executive Jolie Kahn resigned effective July 3, with Chief Operating Officer Pete Wylie stepping in as interim CEO, according to an 8-K filing with the Securities and Exchange Commission.
Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs
NFTs & Web3

Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

Yield Guild Games (YGG), the web3 gaming guild that pioneered play-to-earn gaming, is sunsetting its game publishing arm YGG Play, affecting 35 jobs, co-founder Gabby Dizon said on X Monday. YGG will pay departing staff eight additional weeks during the transition and help them find new roles,…
ENS Co-Founder Proposes Delegating 5M ENS Tokens to Reform DAO Governance
DeFi

ENS Co-Founder Proposes Delegating 5M ENS Tokens to Reform DAO Governance

Alex Van de Sande, a co-founder of the Ethereum Name Service (ENS), proposed Monday that the ENS DAO delegate 5 million ENS tokens from its dormant community treasury to individual participants.
Strategy Sells 3,588 Bitcoin for $216M to Fund Dividend Payments
CeFi

Strategy Sells 3,588 Bitcoin for $216M to Fund Dividend Payments

Strategy sold 3,588 Bitcoin for $216 million to cover dividends on its Digital Credit securities, the company said in a post on its official X account Monday. The firm now holds 843,775 BTC in its BTC Reserves and $2.55 billion in its USD Reserves, as of July 5, 2026. The sale is the largest…
CertiK Says H1 2026 Web3 Losses Topped $1.31B, Up 28% Excluding Bybit Baseline
Security

CertiK Says H1 2026 Web3 Losses Topped $1.31B, Up 28% Excluding Bybit Baseline

Web3 security incidents cost the industry more than $1.31 billion across 344 events in the first half of 2026, according to CertiK's Hack3D H1 2026 Report, published Monday. Net losses stood near $1.2 billion after frozen and recovered funds, the blockchain security firm said. Headline totals show…
Vitalik Buterin Outlines 'Lean Ethereum' Roadmap, a Three-to-Four-Year Protocol Overhaul
Blockchains

Vitalik Buterin Outlines 'Lean Ethereum' Roadmap, a Three-to-Four-Year Protocol Overhaul

Ethereum co-founder Vitalik Buterin laid out an updated "Lean Ethereum" roadmap in a post on X Saturday, describing a three-to-four-year overhaul he called the network's third major protocol iteration since the 2022 Merge. The plan follows a researcher meeting in Berlin and would replace direct…
Moonbeam to Fully Migrate GLMR From Polkadot to Base, Pivot to AI Agent Network
Blockchains

Moonbeam to Fully Migrate GLMR From Polkadot to Base, Pivot to AI Agent Network

Moonbeam is fully migrating its GLMR token from the Polkadot parachain to Base, and relaunching as an AI-agent focused network, the project said in a strategic update posted to its official site. The bridge from Moonbeam to Base is open now, with a deadline of July 31, 2026. GLMR converts 1:1 into…
 Passive Income on Ethereum for All: How Rocket Pool Scales Liquid Staking
Videos

Passive Income on Ethereum for All: How Rocket Pool Scales Liquid Staking

Rocket Pool's Saturn 1 upgrade reshapes the math for RPL and rETH holders. Darren Langley, GM of Rocket Pool, sits down with Camila Russo to explain how the protocol expands its scaling capacity, stabilizes rETH's peg, and turns RPL staking into a real ETH-yield strategy.