Strategy Grabs 520 More Bitcoin for $35M Despite Sitting Nearly $10B Underwater

Strategy founder Michael Saylor announced Monday that the company acquired 520 bitcoin for approximately $35 million, a noticeably smaller tranche than recent weeks, bringing the firm’s total reserve to 847,363 BTC. Smaller Buy, Same Cadence The purchase marks the third consecutive week of bitcoin accumulation for Strategy. Saylor disclosed the transaction in a Monday morning … Read more

Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw

Ethereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, … Read more

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum

A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted … Read more

FDIC: US Banks Post $80 Billion in Profit as Unrealized Losses Swell to $325 Billion

U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure rose for a second straight quarter even as the industry posted strong profits. A Growing Paper Loss The Federal Deposit Insurance Corporation (FDIC) said total … Read more

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