Solana's Drift Protocol says most of the stolen funds linked to North Korean hackers remain traceable—and it has a plan to make victims whole.
Major cryptocurrencies like Bitcoin and Ethereum are showing gains, with Bitcoin surpassing $62,000. This rebound occurs as crypto liquidations surge to $602 million, predominantly from short positions. The market reacts to mixed economic signals, including fewer-than-expected job additions in June.
A pseudonymous respondent, John Doe 33, appeared in a New York court to challenge a $200 billion lawsuit seeking control of dormant Bitcoin, including Satoshi Nakamoto's, arguing for constitutional property rights and seeking to remain anonymous.
Ethereum's Glamsterdam, Solana's Alpenglow, and Base's Beryl hard fork are among major blockchain upgrades set for late 2026, focusing on scalability, reliability, and efficiency. Bitcoin development remains stalled by debates over programmability and quantum threats.
Glassnode reports 54% of Bitcoin supply is in loss, marking a sharp deterioration in investor profitability. This suggests an unusual bottoming process where long-term holders accumulate while ETF investors sell, indicating a controlled migration of BTC to patient hands despite price weakness.
The supply of yield-bearing stablecoins declined by over $3.5 billion in Q2 2026, reversing three years of growth, as crypto-native products like Ethena's sUSDe contracted significantly. This contrasted with the expansion of Treasury-backed tokens such as BlackRock's BUIDL, highlighting a widening divide amid a broader stablecoin market contraction.
Yield-bearing stablecoin supply dropped over $3.5 billion in Q2 2026, a 15% decline, as crypto-native products like Ethena's sUSDe contracted. Treasury-backed tokens such as BlackRock's BUIDL and Circle's USYC saw growth, indicating a market shift.
