Tag: Breaking

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...

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...

The U.S. Department of Commerce has lifted its emergency export controls on Anthropic’s advanced artificial intelligence models, concluding a high-stakes standoff between the artificial intelligence firm and federal regulators over national security and cybersecurity guardrails. The U.S. Bureau of Industry and Security rescinded restrictions on Anthropic’s Claude Fable 5 and Mythos 5 systems, restoring full global access after a...

Global oil benchmarks continued their downward trajectory on Thursday, completely erasing the geopolitical risk premiums built up during the recent conflict in the Middle East. Brent crude futures slipped more than 1% to slide just under $71 per barrel, marking their lowest level since late February, while U.S. West Texas Intermediate crude fell toward $67 per barrel. Brent crude fell to around $70.80 per barrel, hitting its lowest...

The global artificial intelligence infrastructure buildout has triggered a major market rally for South Korea’s premier semiconductor manufacturers. Driven by an acute shortage of high-bandwidth memory (HBM) chips, both technology giants have posted massive triple-digit gains over the first half of the year, significantly impacting traditional equity indices and capturing the attention of institutional digital asset and equity macro...