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Flare Targets XRPL Expansion With July 6 Vote on Songbird Confidential Compute Rollout
Key TakeawaysFlare scheduled a July 6-13 governance vote to deploy Confidential Compute on its Songbird network.The update adds programmable execution to the XRP Ledger, unlocking DeFi utilities for Ripple assets.Testing on Songbird will…
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Can AI drain DeFi? Separating Claude Mythos hype from reality
Claude Mythos and DeFi: Real threat or overblown fear?When Anthropic introduced Claude Mythos-class models as its most advanced AI system for cybersecurity, it drew the usual mix of reactions from crypto communities. The lineup included…
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Ripple CTO Emeritus Unveils Plan to Tackle XRPL DEX Front-Running
The proposal aims to give XRPL users guaranteed execution priority if they pay a reservation fee before a ledger closes.
David Schwartz, who co-founded the XRP Ledger,…
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Metaplanet Stock Down 88% in a Year While BTC Holdings Grow
Analysts argue that investors are effectively buying the company's Bitcoin holdings at a discount to their estimated value.
Metaplanet shares on the OTC market closed…
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Stablecoins and Public Ledgers Flawed, Report Says
The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate…
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Polymarket Third-Party Vendor Compromise Drains $2.9M from Users
A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket's frontend, affecting multiple users.Blockchain analyst Specter said the malicious script appeared to facilitate a phishing…
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Bitcoin Trader Says ‘It’s 2022 Again’ As RSI Offers A Classic Bull Signal
Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery. Key points:Bitcoin RSI signals spark comparisons to the end of the 2022 bear market as a bullish divergence filters…
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EU Lawmakers Back Review of DeFi, Staking and NFT Regulation
The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The…
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SecondFi Recovery Targets Two Weeks After $2.4M Cardano Wallet Exploit
Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday's exploit and expects to begin returning assets in about two weeks, following testing and security reviews.According to a Saturday statement by Phillip…
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ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days
Key TakeawaysEuropean regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits.Clients should confirm providers appear in the ESMA Register or transfer assets to authorized…
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