Latest

Regulation & Politics
DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo
Federal prosecutors have subpoenaed JPMorgan Chase, Bank of America and Wells Fargo, examining whether banks unlawfully terminated customer accounts for political reasons. The probe directly validates the crypto industry's Operation Chokepoint 2.0 grievances.

People
On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally
An NFT creator published a thread claiming to trace large ADA flows to IOG-linked stake pool pledges from the 2021 bull market. Cardano's founder has made no public statement in response to the new analysis. ADA is down 42% over the past 30 days.

Hacks
Attacker Mints 10 Billion TOP Tokens Through Governance Takeover, Drains $1.58M from Balancer Pool
An attacker exploited Token of Power's Aragon DAO on Tuesday to mint 10 billion TOP tokens via a malicious governance proposal, then swapped the supply for 944.2 WETH worth roughly $1.58 million.

Hacks
Raydium Confirms $1.34M Drain on Deprecated AMM V3, Pledges Treasury Compensation
Raydium core contributor Infra confirmed Wednesday that an attacker drained ~$1.34M from the legacy AMM V3 program, a contract phased out in 2021. Current users were unaffected, the treasury will cover full compensation, and the root cause was a self-contained LP-mint validation flaw. PeckShield earlier traced the laundering across KuCoin, a Solana-to-Ethereum bridge, Tornado Cash and FixedFloat.

Blockchains
Hyli Winds Down Two-Year ZK Blockchain Project, Citing Lack of ZK Traction
ZK blockchain project Hyli is shutting down after two years, with the team citing weak demand for zero-knowledge technology. The closure comes the same day Botanix wound down its Bitcoin Layer 2.

TradFi & Fintech
Ripple Deploys XRPL AI Starter Kit as Mastercard Names It Agentic-Commerce Partner
Ripple released the XRPL AI Starter Kit on Wednesday, giving developers tools to build AI-agent payment applications on the XRP Ledger using XRP and RLUSD. The launch lands alongside Mastercard naming Ripple as a partner in Agent Pay for Machines, its agentic-commerce network.

TradFi & Fintech
Mastercard Opens Card Rails to AI Agents With 30-Plus Crypto Partners
Mastercard launched Agent Pay for Machines (AP4M) Wednesday, extending its payments network to autonomous AI agents with 30-plus crypto and fintech launch partners including Coinbase, Ripple, Solana Foundation, Polygon, Aave Labs and Stellar.
Podcast
DeFi's Near-Death Moment | Mike Silagadze on Ether.fi, Security, and What Comes Next
How close did DeFi come to a real systemic collapse?
In this episode, Camila Russo sits down with Mike Silagadze, co-founder and CEO of Ether.fi, to break down the Kelp exploit, the DeFi United rescue effort, and why Mike believes the default path could have been far worse if nobody had stepped in. He explains why the bigger lesson is not just smart contract risk, but operational security, app-layer responsibility, and the need to move past "decentralization theater."

Hacks
Humanity Protocol Traces $36M Hack to Single Malware-Infected Machine That Held Seven Keys
A forensic report from Humanity Protocol found a single malware-infected developer machine held backups of seven private keys, giving an attacker full control over both its Ethereum and BNB Smart Chain infrastructure.

Blockchains
Botanix Shuts Down Bitcoin L2 Spiderchain After Four Years
Polychain-backed Botanix Labs is winding down its Spiderchain Bitcoin Layer 2 after a year of mainnet operation, citing insufficient demand for Bitcoin-native DeFi. Users have until July 9 to withdraw assets.



