Author: CryptoPress
A Sharp Critique in Volatile Times
In a pointed CNBC interview amid Bitcoin’s struggles below $60,000, Ripple CEO Brad Garlinghouse delivered a stark message to the crypto industry: sustainable value comes from real utility, not complex financial maneuvers.
“Financial engineering does not drive long-term value … long-term value of any digital asset is going to be driven by utility,” Garlinghouse stated. He directly targeted...
Robinhood Chain Sees Surge in Memecoin Activity Led by CASHCAT
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Robinhood Chain’s on-chain volume exploded within a week of its mainnet launch, fueled by low gas fees and retail interest.
The native memecoin CASHCAT led the rally, reaching a market capitalization of $60 million amid community-driven trading frenzy.
Daily decentralized exchange (DEX) volume on the network surpassed $30 million as liquidity poured into its emerging ecosystem.
Just days after its official mainnet debut, the newly...
BonkDAO Treasury Drained of $20 Million Following Malicious Governance Attack
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BonkDAO suffered a $20 million treasury drain after a malicious governance proposal was pushed and approved by attackers.
The exploiters purchased $4 million worth of BONK tokens to secure enough voting power to passed the malicious proposal.
Major cryptocurrency exchanges, including South Korea’s Upbit, have suspended BONK deposits and withdrawals following the incident.
The Solana-based decentralized autonomous organization behind...
DEX Tokens Surge as CoinMarketCap Altcoin Index Reaches Three-Month High
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On-chain trading platforms are experiencing a significant demand spike on Monday as broader market metrics signal a renewed appetite for risk assets across the decentralized finance ecosystem.
CoinMarketCap’s Altcoin Season indicator ticked up to 52/100 on Monday, marking its highest reading in three months.
The ongoing ecosystem traction of perpetual futures heavyweights like Hyperliquid has driven traders to actively hunt for...
Shiny Coins #18 – Privacy Ignites and AI Infrastructure Defies Extreme Fear
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The numbers paint a cautious picture. Bitcoin sits at $62,531 (+3.9% over the past seven days), Bitcoin dominance hovers around 56.5%, and the total crypto market cap is approximately $2.22 trillion. The Fear & Greed Index remains deep in Extreme Fear territory (23–27 range). Macro uncertainty and profit-taking after earlier runs have kept sentiment subdued, yet a handful of coins are breaking out on tangible catalysts rather than pure...



