Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Crypto World

TrustedVolumes attacker returns $2M, keeps another $2M as bounty

Published

on

TrustedVolumes attacker returns $2M, keeps another $2M as bounty

A TrustedVolumes attacker has returned 1,122 ETH worth about $2 million while keeping another $2 million as a self-declared bounty.

Summary

  • The TrustedVolumes attacker returned 1,122 ETH worth about $2 million.
  • The exploiter retained another $2 million as a self-declared bounty.
  • Blockaid traced the May attack to TrustedVolumes’ custom RFQ swap proxy.

According to Com Feed monitoring, the Ethereum transfer represents a partial recovery from the May exploit, which initially drained about $5.87 million from a contract controlled by the liquidity provider. The attacker has retained roughly the same dollar amount as the returned funds, labeling it a bounty.

At the time of writing, TrustedVolumes had not formally confirmed that it had accepted the attacker’s bounty terms.

Partial repayment recovers only part of the stolen funds

TrustedVolumes disclosed in May that the total loss had reached roughly $6.7 million, exceeding the initial estimate reported by security researchers. The company said at that time the stolen assets were held across three addresses containing approximately $3 million, $3 million, and $700,000.

Seeking to recover the assets, TrustedVolumes offered to discuss a vulnerability bounty and what it called a mutually acceptable solution. The liquidity provider also invited the attacker to begin constructive communication, though its statement did not specify a proposed bounty rate.

Advertisement

Before the stolen tokens were consolidated, Blockaid identified 1,291.16 WETH, 206,282 USDT, 16.939 WBTC, and 1.27 million USDC among the drained assets. PeckShield later reported that the attacker exchanged the tokens and gathered the proceeds into about 2,513 ETH.

The returned 1,122 ETH was worth about $2 million at the time of writing, while Com Feed valued the attacker’s retained bounty at a similar amount. The combined dollar value is lower than the original loss because ETH has fallen since the May exploit, when the stolen assets were converted into the cryptocurrency.

Custom TrustedVolumes proxy caused the security breach

As previously reported by crypto.news, Blockaid traced the May 7 attack to a custom request-for-quote swap proxy operated by TrustedVolumes. According to the security firm, the attacker targeted the company’s Ethereum resolver setup rather than a regular 1inch swap route.

Advertisement

TrustedVolumes used the RFQ system to quote token prices and complete signed trades from its inventory. Verichains found that a public function lacked access controls, allowing the attacker to register an address as an approved order signer and create transactions that appeared valid to the proxy.

During the same transaction, the attacker directed the proxy to pull WETH, WBTC, USDT, and USDC from the TrustedVolumes inventory vault. Verichains also identified a mismatch between the address checked for authorization and the address supplying the tokens, while faulty replay protection failed to record orders correctly.

Although the affected market maker supplied liquidity through 1inch, the attack did not compromise 1inch’s core aggregation contracts or standard user routes, according to 1inch’s account of the incident. Blockaid linked the wallet to the March 2025 Fusion V1 exploit but reported that the May attack used a different flaw tied to TrustedVolumes’ custom proxy.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Chip Stocks Enter Bear Market After Moonshot Ai Unveils Kimi K3 Model

Published

on

Crypto Breaking News

The value of global semiconductor stocks plummeted after the release of the Kimi K3 AI model by Moonshot AI, driving the Philadelphia Semiconductor Index into bear territory. As per Coin Bureau on X, the index slumped by over 20% compared to the high in June, while the benchmark index of Taiwan fell by 6% and the Japanese market was down by 4%. The post also said chip stocks had wiped out around $3.3 trillion from their market value since June 22. Meanwhile, the graph posted alongside the article highlighted a sudden surge in the asset linked to the Kimi K3 release.

Coin Bureau Reports Broad Semiconductor Selloff

Market update for X was given by Coin Bureau after Moonshot AI announced the Kimi K3. In the update, the Philadelphia Semiconductor Index is said to be more than 20% lower than its record level in June, thus qualifying as a bear market.

It was also reported that Taiwan’s benchmark share index fell by more than 6%, while Japanese stocks declined by 4%. Coin Bureau went on to report that the total drop has resulted in a loss of $3.3 trillion worth of market capitalization for global semiconductor shares since June 22. The drop is attributed to the release of the Kimi K3, as per Moonshot AI.

Kimi K3 Launch Draws Attention Across Ai Markets

Moonshot AI announced the launch of the next generation of its open-source artificial intelligence model by naming it Kimi K3. This launch is taking place amid intense competition within the AI development sector where developers keep enhancing their models.

Advertisement

The statement received an immediate reaction from the financial world. Traders kept track of the announcement as the stock prices of chip makers underwent severe selloff. The Coin Bureau article made the connection between the falling semiconductor stock prices and the Kimi K3 release, but other factors remain under consideration in the marketplace.

Chart Shows Rapid Rally Before Profit Taking Emerges

The chart attached to the post showed a continuous rising trend, followed by a breakout that pushed prices even higher to a new level. This happened after a series of highs and lows, reflecting buying pressure.

The candle with the biggest increase was the green candlestick, which took the price almost to the 14,000 level. The red candle that followed was the moment when traders decided to take profit from the big increase. Despite the fact that volatility increased, the price remained above the previous breakout levels.

Markets Watch Ai And Semiconductor Developments

However, semiconductor firms are still closely associated with the development of artificial intelligence infrastructure. The creation of AI models is always significant since it tends to affect market expectations.

Advertisement

Stock prices of semiconductors will keep being watched by investors along with any moves made by Moonshot AI and other companies in the realm of artificial intelligence. This might become clear once more trading sessions take place.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

ChatGPT AI Predicts This Exact Bitcoin Price by the End of 2026, and It’s Insane

Published

on

ChatGPT AI Predicts This Exact Bitcoin Price by the End of 2026, and It’s Insane

From a $63,000 Bitcoin price, Sam Altman’s ChatGPT AI is not thinking in percentages anymore, it predicts $180,000 to $250,000 BTC by the end of 2026. It’s a price prediction that treats the current price as little more than a starting line.

The case leans hard on politics and plumbing rather than hype. A pro-crypto White House under President Trump has openly embraced digital assets as policy rather than tolerating them.

The GENIUS Act already delivered the first federal stablecoin framework. The CLARITY Act, if it passes, would finally define SEC and CFTC jurisdiction and remove years of regulatory fog in one move.

Source: ChatGPT AI Bitcoin Price Prediction

That kind of clarity does not just calm nerves; it unlocks capital that was sitting out specifically because the rules were unclear. Institutional adoption is already moving without waiting for the bill, through spot ETFs, growing corporate treasury allocations, expanding bank custody, and early sovereign interest.

Layer the post-halving supply shock on top of all of that. Less new Bitcoin entering the market against rising institutional demand is the exact setup that has preceded every major leg up in past cycles.

Advertisement

ChatGPT frames 2026 as the start of Bitcoin’s institutional era rather than the tail end of another speculative cycle. That reframing is the whole bull case in one sentence.

The bear case is not dismissed, just narrower. If inflation reaccelerates, the Fed holds rates higher for longer, ETF inflows slow, or CLARITY gets delayed or watered down, Bitcoin could stall out trading between $90,000 and $140,000 instead.

Notice that even the bear scenario sits above where the price trades today. ChatGPT is essentially arguing that the floor has already moved, only the ceiling is in question.

Bitcoin (BTC)
24h7d30d1yAll time

Discover: The Best Token Presales

Advertisement

Bitcoin Price Prediction: BTC Is Sitting Exactly On The Fence, RSI Just Confirmed

Price closed at $63,032, down 1.18%, in a session that ranged between $62,613 and $64,008. Nothing dramatic happened today, which is itself worth noting after the year this chart has had.

Zoom out, and the story is a slow bleed followed by a stubborn floor. Bitcoin topped near $128,000 in October 2025, then broke down hard in February, gapping through $84,000 in one violent leg.

Since that break, price carved a rounded recovery attempt, rallying to $97,000 in April before fading, then pushing again to $82,000 in May before rolling over into a June flush near $60,000. That June low held, and the price has spent the last six weeks grinding sideways just above it.

Advertisement

Support sits at $60,000, the level defended in June, then $52,000 if that floor finally gives. Resistance stacks at $68,000, then $73,000, then the heavier ceiling near $84,000 that has rejected two rally attempts already.

The RSI panel here gives an unusually clean read. RSI sits at 48.35 with its signal line at 51.19, meaning momentum is currently running just under its own average, a small negative gap rather than a dramatic one.

That is a market caught exactly at the midpoint, not oversold, not overbought, just undecided. It is the kind of reading you get right before a real decision gets made, not after one.

For ChatGPT’s six-figure targets to matter, Bitcoin needs that RSI gap to flip positive and stay there, then take back $84,000 with volume behind it. Until then, $63,000 is a market thinking it over, not a market that has chosen a direction.

Advertisement

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

Here is What ChatGPT AI Predicts About LiquidChain

The rotation has already happened. Most people will realize it too late.

Large caps are boxed in. Bitcoin, Ethereum, and XRP keep testing the same ceilings with nothing giving way. Every macro catalyst has a new date. Every institutional wave arrives next quarter. Waiting on someone else’s timeline is not a trade.

Advertisement

A capital that has navigated enough cycles moves before the destination has a name.

Small market cap infrastructure plays on different physics entirely. A modest rotation that vanishes as noise at Bitcoin’s scale can reprice an undiscovered project by multiples. The returns live in the gap between what something is genuinely worth and what the market has assigned it. That gap closes permanently the moment discovery happens.

Multi-chain fragmentation bleeds DeFi every single day. Bitcoin, Ethereum, and Solana run as completely isolated systems. Every user crossing those boundaries pays in fees, slippage, and failed transactions. Every single time.

ChatGPT AI predicts LiquidChain fixes that entirely. All 3 networks inside one execution layer. One deployment. Zero cross-chain tax anywhere.

Advertisement

The presale is at $0.01454 with just over $900,000 raised. The market has not found this yet. That is exactly the point.

Execution is unproven. Adoption is unknown. LiquidChain is an entry point that disappears the moment the market looks up.

Visit LiquidChain.

Discover: The Best Crypto to Diversify Your Portfolio

Advertisement

The post ChatGPT AI Predicts This Exact Bitcoin Price by the End of 2026, and It’s Insane appeared first on Cryptonews.

Source link

Continue Reading

Crypto World

ESPN Tests AI That Can Detect When Someone Is Bluffing

Published

on

ESPN Tests AI That Can Detect When Someone Is Bluffing

An artificial intelligence (AI) poker-tells detector debuted during ESPN’s coverage of the World Series of Poker (WSOP) Main Event. The system flags likely bluffs using body language alone.

Independent AI engineer Luke Geel spent six months building the tool. Omaha Productions, the Peyton Manning-owned company behind the broadcast, applies it only to players who have already been eliminated.

How the AI Reads Poker Tells

The computer vision system tracks blink rate, eye gaze, posture, and how players handle their chips. It compares those patterns with results from earlier hands to estimate whether someone holds a strong hand.

Poker hand strength. Source: LinkedIn

Geel, who also develops AI for the US Air Force, announced the debut on LinkedIn. He described the project as harder than expected.

“It was significantly more difficult than I had initially hoped. I can’t just, like, upload a YouTube URL and say, ‘find their tells.’”

Geel said in an interview with Sportico.

Advertisement

Final table coverage airs on ESPN during the first week of August. The debut caps a busy month of AI headlines, days after Musk and Altman clashed over Apple’s lawsuit against OpenAI, as the global AI model race intensifies.

Players Split Between Cheating Claims and Curiosity

Reaction ran hot on Instagram and other platforms. Several players called the feature cheating and bad for the game, while others said they would run it on their own footage to remove personal tells.

Skeptics also question its purpose, since broadcasts already show every player’s hole cards. Meanwhile, Geel said multiple players asked about using the model to study future opponents.

The same approach could eventually read negotiators, job candidates, or sales prospects. That prospect revives earlier warnings about the dark side of AI, even as systems that let AI agents trade crypto enter other high-stakes settings.

Advertisement

Whether audiences treat the feature as insight or intrusion may decide if it returns next season.

The post ESPN Tests AI That Can Detect When Someone Is Bluffing appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

French Gambling Authority Blocks Polymarket Access

Published

on

French Gambling Authority Blocks Polymarket Access

France’s Autorité nationale des jeux (ANJ), or the National Gambling Authority, has ordered internet service providers to block access to Polymarket.

Prediction websites are considered illegal gambling, the ANJ said in a Friday press release.

The regulator said that Polymarket’s operations are not authorized in France and that advertising unauthorized gambling sites constitutes a criminal offense with fines of up to 100,000 euros ($114,000).

Prediction markets allow users to buy and sell contracts tied to the outcomes of future events, from elections and sporting events to economic data and geopolitical developments. Polymarket has surged in popularity over the past two years, with billions of dollars in trading volume, while drawing scrutiny from regulators over whether its event contracts constitute illegal gambling or unlicensed financial products.

Advertisement

Countries that blocked access to Polymarket include Singapore, Poland, Portugal, Hungary, Ukraine, Brazil and Indonesia. At press time, Polymarket said it was geoblocked in 36 regions.

France’s gambling regulator first shared plans to block the platform in November 2024 for failing to comply with national gambling laws.

Related: Polymarket hit by $2.9M theft, users to be refunded

French gambling authority cites outcome manipulation concerns

France’s gambling authority said Polymarket boasts “addictive features” that are similar to regulated gambling offerings, but “amplified by the absence of the protective mechanisms found in the legal gambling market.”

Advertisement

It also cited potential outcome manipulation tied to some event contracts on Polymarket, adding:

“Some of the bets offered on this platform appeared to be rigged: for example, bets on the weather revealed that weather sensors may have been hacked.”

The cybercrime unit of the Paris Public Prosecutor’s Office launched an investigation into this matter in May 2026 and found a lack of identity verification, such as Know Your Customer checks.

Prediction markets have also drawn scrutiny from US regulators. On June 17, Kentucky sued five prediction market platforms, including Kalshi and Polymarket, accusing them of operating unlicensed sports betting platforms. At least 17 other states have followed suit.

The Commodity Futures Trading Commission sued eight states, arguing they had interfered with the federal regulator’s exclusive authority over federally regulated event contracts. 

Advertisement

Magazine: Dubai tops Asian crypto hubs, Taiwan passes crypto laws: Asia Express 

Source link

Continue Reading

Crypto World

Michael Saylor says corporations hold the key to Bitcoin’s global rise

Published

on

Strategy $12B underwater, STRC cracks: model breaking?

With Strategy’s cash reserve now at $3 billion, founder Michael Saylor has named corporate adoption as a necessary condition for Bitcoin to become a global currency network.

Summary

  • Michael Saylor says corporate adoption is essential for Bitcoin to become a global currency network.
  • Strategy’s $3 billion cash reserve has helped ease concerns about forced Bitcoin sales.
  • Bitcoin Japan plans its first treasury purchase as companies expand exposure to the asset.

In a July 18 X post, Saylor described companies as legal structures that allow people to work toward a shared mission with more efficiency, transparency, credibility, scale, and staying power.

Based on that framework, Saylor argued that enterprise adoption is necessary for Bitcoin’s development as a worldwide monetary network. He also described the process as inevitable and welcomed companies taking a larger role in the asset’s growth.

His comments place corporations at the center of Bitcoin’s next stage rather than treating business adoption as an optional source of demand. Strategy has already built its business model around holding Bitcoin, while its latest increase in dollar reserves has drawn a positive assessment from JPMorgan.

Advertisement

Strategy’s cash reserve has reduced forced-sale concerns

In a July 15 research note, JPMorgan identified Strategy’s $3 billion U.S. dollar reserve as a constructive signal for Bitcoin during a period of inconsistent demand for spot exchange-traded funds.

According to the bank, spot Bitcoin ETFs attracted inflows last week before returning to outflows this week. Leveraged ETFs tied to Strategy, however, recorded positive inflows for a seventh consecutive week, with JPMorgan attributing much of that demand to retail investors.

JPMorgan had previously argued that Strategy could reduce concerns about forced Bitcoin sales by keeping enough cash to cover two to three years of preferred-stock dividends. Although the bank’s analysts could not determine whether the larger reserve had already improved investor sentiment, they viewed the increase as another positive development for Bitcoin.

Corporate demand is also expanding outside the United States. As reported by crypto.news, Tokyo Stock Exchange-listed Bitcoin Japan plans to raise about $59.5 million, including $4.08 million for its first Bitcoin treasury purchase since adopting its new corporate identity.

Advertisement

CoinPost reported that Bitcoin Japan, formerly known as Horita Marusho, intends to issue 1.5 billion yen in unsecured convertible bonds with stock acquisition rights. A second series of stock acquisition rights will be issued through Cayman Islands-based EVO FUND.

If investors fully exercise the securities, Bitcoin Japan expects to receive net proceeds of about 9.657 billion yen, according to CoinPost.

Bitcoin’s fixed supply supports its case against AI investment

Saylor’s push for corporate participation comes as investors compare Bitcoin with artificial intelligence, another sector attracting large amounts of capital. JPMorgan CEO Jamie Dimon expects AI investment to reach $725 billion this year, while BlackRock executives have argued that rising government debt and concerns about currencies support Bitcoin’s long-term case.

Binance co-founder Changpeng Zhao has drawn a distinction between the two investment themes, presenting Bitcoin as monetary protection rather than a rival technology to AI.

Advertisement

“AI is great, but it does not protect you against inflation. Bitcoin does.”

Weeks earlier, Zhao had identified AI as one reason for weaker crypto market conditions in 2026. As previously reported by crypto.news, he argued that emerging AI businesses had absorbed some speculative capital that might otherwise have entered digital assets.

While Zhao focused on Bitcoin’s monetary role, Saylor’s July 18 post concentrated on the structures needed to expand its use. Under Saylor’s argument, corporate balance sheets, legal frameworks, and organized capital would help Bitcoin develop from a held asset into a sustainable global currency network.

Advertisement

Source link

Continue Reading

Crypto World

Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

Published

on

OpenAI buys tech talk show TBPN as it builds out communication strategy

Hyperliquid co-founder Jeff Yan has warned that crypto’s failure to attract enough top entrepreneurs has become one of the industry’s biggest obstacles as young talent moves toward artificial intelligence.

Summary

  • Jeff Yan says crypto is struggling to attract top young entrepreneurs.
  • AI’s prestige and rapid growth are pulling talented founders away from on-chain finance.
  • George Noble warns heavy AI spending could create serious financial risks.

The VALR podcast featured Yan’s comments on how the AI boom and the social status attached to the technology have influenced career choices among young founders. According to Yan, many talented people remain unsure which field would allow them to create the most value, leaving relatively few to pursue work in cryptocurrency and fintech.

Yan argued that rebuilding the financial system from first principles offers young entrepreneurs a chance to solve difficult real-world problems. In his view, the work involves turning academic ideas into market designs that can operate reliably at scale.

Advertisement

Rather than judging industries by their surface appeal, Yan urged prospective founders to study the problems each sector is trying to solve. He identified on-chain finance as an area where entrepreneurs can help develop new financial systems and market structures.

AI is drawing young founders away from crypto

Yan’s concern comes as Chinese AI developers gain attention for their progress in global model rankings. China’s Kimi K3 recently reached first place on the Frontend Code Arena, a result that prompted former White House crypto czar David Sacks to raise concerns about America’s position in the AI race.

Sacks described Kimi K3’s performance as troubling because the model also ranked close to leading systems across several other evaluations. He argued that rules covering data centers, state-level requirements and proposed federal reviews could slow US developers while Chinese companies continue improving their models.

Advertisement

“This is how you lose the AI race,” Sacks wrote.

Drawing a comparison with the early internet, Sacks argued that the United States became a technology leader by allowing companies to build products without first seeking government permission. He called for Washington to take a similar approach to AI while using focused regulations to address specific safety concerns.

The competition described by Sacks helps explain why AI has become attractive to ambitious young developers and founders. Yan, however, believes crypto still offers meaningful technical work because building on-chain financial markets requires both entrepreneurial judgment and knowledge of economic design.

Heavy AI spending carries a separate market risk

While AI companies compete for talent and capital, former Fidelity fund manager George Noble has warned that the investment boom could create severe financial risks. Noble estimated that an AI bubble collapse could cause 17 times more damage than the dot-com crash, which erased about $5 trillion from the Nasdaq.

Advertisement

Noble linked that forecast to the large amount of money being directed toward AI infrastructure. If those investments fail to produce the returns expected by investors, he argued, the losses could spread beyond technology companies and affect other parts of the financial system.

“The fallout from this could really be much more significant,” Noble said while discussing the rise in AI capital spending.

Yan did not frame AI’s expansion only as a financial threat to crypto. His warning focused on the people entering the sector, with the Hyperliquid co-founder arguing that on-chain finance will need more capable entrepreneurs if it is to turn complex theories into financial markets that can serve users at scale.

Advertisement

Source link

Continue Reading

Crypto World

3 Altcoins That Could Reach New All-Time High This Weekend

Published

on

3 Altcoins That Could Reach New All-Time High This Weekend

Three altcoins enter the weekend trading near record highs (ATH), led by LEO Token, which sits closest to a fresh peak. WhiteBIT Coin and Rain complete a list picked on one rule, proximity to all-time highs.

The selection follows the same criterion as last weekend’s edition. These are the big and mid-cap coins nearest their previous peaks, with Fibonacci levels marking the path higher and the support that would invalidate each setup.

LEO Token Sits Closest to a New Record

LEO Token (LEO) trades near $9.80, down about 0.2% on the day. That price sits roughly 7% below its record of $10.57, the smallest gap on this list.

On the daily chart, price bounced from the 0.236 Fibonacci retracement near $9.46. It now tests the swing high from June 15, the last hurdle before the record.

Advertisement
LEO daily chart. Source: Tradingview

A clean break above that level would open the path toward a new peak. The BeInCrypto price forecast also points to bullishness for the token.

If the move stalls, the 0.382 Fibonacci level near $8.88 marks a healthy correction target. Declining volume points to accumulation, while the RSI reads about 65 and continues to rise.

WhiteBIT Coin Targets $64 After Channel Reclaim

WhiteBIT Coin (WBT) tells a more volatile story. The coin trades near $55.66, down about 0.8%, and is roughly 13% below its December record of $64.11.

Price broke down from an ascending channel on May 27, then bottomed on June 5. Since then, buyers have driven two separate bounces off the lows.

WBT daily chart. Source: Tradingview

The coin now rests at the 0.618 Fibonacci level near $55.93 and faces firm resistance at $58. That level lines up with the lower band of the broken channel.

The RSI sits near a neutral 55, and volume keeps fading. Reclaiming $58 would clear the way toward the December peak, though that record now dates back seven months.

Advertisement

Rain Needs $0.0147 to Rejoin the Race

Rain (RAIN) qualifies on proximity, yet its chart looks the weakest of the three. The token trades near $0.0141, down about 0.5%, and sits roughly 13% below its June 22 record of $0.01614.

Price has just been rejected from resistance near $0.0147. It now drifts toward support at the 0.382 Fibonacci level near $0.01259.

RAIN daily chart. Source: Tradingview

The same token featured previously and still trades below its peak a week later. Momentum has cooled, with the RSI at a neutral 42 and turning south.

Volume has also declined since the early-June impulse, a sign of lower volatility. A firm reclaim of $0.0147 would revive the push toward the record.

What to Watch This Weekend

Each setup now hinges on one level. LEO needs to clear the June 15 swing high, WBT must reclaim $58, and RAIN has to flip $0.0147 back into support.

Advertisement

A break of those levels would confirm each thesis and point toward record territory. Failure would hand the initiative back to sellers heading into next week.

Broader conditions still matter, as Bitcoin works through its own late-cycle phase. A weekend risk-on move would give all three altcoins the tailwind they need.

The post 3 Altcoins That Could Reach New All-Time High This Weekend appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Solana News: SOL Hits 300,000 RWA Holders, Leaving Other Chains in the Dust

Published

on

Solana News: SOL Hits 300,000 RWA Holders, Leaving Other Chains in the Dust

In the latest Solana news, the SOL real-world asset ecosystem just crossed 300,000 unique holders, a milestone no competing chain has matched at this scale or speed.

SOL is trading at $74.30, down 2.30% over the last 24 hours, yet the on-chain fundamentals paint a picture that the spot price alone doesn’t fully capture. The gap between short-term price weakness and long-term network traction is where the real story sits.

The catalyst driving this week’s narrative: Circle injected $250 million of fresh liquidity into Solana on July 15, directly reinforcing its position as the dominant stablecoin and DeFi settlement layer. That capital doesn’t just sit idle; it deepens order books, tightens spreads on RWA protocols, and makes Solana more attractive to institutional allocators scanning for tokenization infrastructure.

The broader setup is a classic tension between strong fundamentals and compressed technicals. Whether that tension resolves to the upside depends on one specific price level, and the window may be narrower than it looks.

Discover: The Best Token Presales

Solana News: Can Solana Price Break $85 Before Macro Resistance Resets the Chart?

SOL is trading at $74.30, up 1.46% on the day. Price is chopping around the $74 to $78 band with genuine intraday indecision on both sides.

Advertisement

The technical structure is tight. Support at $77 was reclaimed on strong DEX volume but the $79 to $85 supply wall remains unbroken, a zone where sellers have historically overwhelmed buyers.

A potential triple-top formation is being flagged by technical analysts. If trendline support fails, a flush toward $50 becomes a credible scenario, not a tail risk.

SOL clearing $78 cleanly on volume triggers a short squeeze toward roughly $90, with Circle’s liquidity injection and continued DEX activity providing the fuel.

Source: SOLUSD / Tradingview

Consolidation between $74 and $79, persisting for another week while traders wait for macro clarity and the supply wall gets tested, but not broken, is the base case.

A close below $74 on meaningful volume reopens the path to $65 and potentially $50, with bot-inflated transaction counts masking softer organic demand, accelerating the move.

Advertisement

News and sentiment are cautiously optimistic, which in practice means nobody is fully committed to Solana either way. The next 72 hours around the $74 level will carry outsized signal value for trend direction.

Discover: The Best Crypto to Diversify Your Portfolio

LiquidChain Targets Early-Mover Upside as Solana Tests Key Levels

SOL’s RWA dominance and Circle’s $250M liquidity injection confirm the multi-chain institutional thesis is real. The complication: at a $43 billion market cap, SOL’s upside in a base-case scenario is measured in percentages, not multiples.

Advertisement

Traders chasing leverage-adjusted returns are increasingly looking at infrastructure plays positioned across the chains generating that growth, not just one of them.

LiquidChain ($LIQUID) is building exactly that layer. The project operates as a Layer 3 infrastructure protocol that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment, enabling developers to deploy once and access all three ecosystems simultaneously (a meaningful reduction in fragmentation costs for any protocol building cross-chain RWA products).

Key architecture features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture that removes the need to maintain separate codebases per chain.

The presale has raised $907,706.46 at a current token price of $0.0148. As with any early-stage presale, liquidity risk and execution risk are real. This is pre-launch infrastructure, not a finished product.

For those tracking the cross-chain RWA race that Solana is currently winning, researching LiquidChain’s presale mechanics is worth the time.

Advertisement

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

The post Solana News: SOL Hits 300,000 RWA Holders, Leaving Other Chains in the Dust appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

GTA VI Release Date Confirmed? Take-Two SEC Filing Forecasts $1 Billion Cash Flow

Published

on

Take-Two Share Price

Take-Two Interactive confirmed GTA VI’s release date in a formal SEC filing. The preliminary proxy statement set November 19, 2026, and framed fiscal 2027 as a turning point.

CEO Strauss Zelnick called the coming year a major inflection point. He cited record bookings and the long-awaited launch as the core drivers.

Record Bookings Cap a Strong Fiscal 2026

Take-Two closed fiscal 2026 with Net Bookings of $6.72 billion. Net Bookings is a non-GAAP measure of signed contracts and orders, distinct from GAAP revenue. The figure landed $750 million above initial guidance.

Meanwhile, net revenue reached $6.66 billion. Console and PC sales brought in $3.32 billion. Mobile revenue was nearly identical at $3.33 billion.

Advertisement

Recurrent consumer spending, meaning purchases made after a game’s initial sale, climbed to $5.20 billion. That made up 78% of total revenue.

Grand Theft Auto V has sold nearly 230 million units to date. Red Dead Redemption 2 has passed 80 million. The filing echoed an earlier GTA VI preorder reaction, when the stock dipped despite strong demand.

GTA VI Release Date Sets Up Fiscal 2027 Catalyst

Zelnick’s letter framed GTA VI as the centerpiece of fiscal 2027. He pointed to expected operating cash flow above $1 billion.

GTA+, Rockstar’s subscription tier bundled into GTA Online, also grew significantly. Seasonal updates and perks like adding NBA 2K26 to its library drove that growth.

Advertisement

Take-Two shares closed at $239.57 on July 16, 2026, up nearly 13% over the past month. The stock still sits below its 52-week high of $265.94. That peak came before GTA VI’s pricing and disc-free format drew mixed reactions.

Take-Two Share Price
Take-Two Share Price. Source: TradingView

However, the letter set no specific booking targets for next year. That leaves investors weighing execution risk against demand. Sony faces a similar test. Shares there jumped after its digital-only pivot, though the PlayStation disc backlash shows fans pushing back hard.

The GTA 6 pricing debate has already tested how much goodwill the $79.99 price tag buys with players.

Shareholders to Weigh Governance Changes in September

Take-Two also disclosed a virtual annual meeting for September 17, 2026. Shareholders will vote on the election of 10 directors. They will also weigh a non-binding say-on-pay resolution.

Additionally, a separate proposal would amend the charter to limit certain officer liability under Delaware law. Shareholders will further ratify Ernst & Young as auditor.

Advertisement

Fiscal 2026 adjusted EBITDA, a profitability measure that excludes interest, taxes, depreciation, and amortization, hit $1.4 billion. That figure blew past a $919.5 million target and triggered maximum executive bonuses.

The vote follows a pattern seen at a gaming company’s proxy fight elsewhere in the industry. There, governance scrutiny intensified alongside a major franchise milestone. Investors tracking other stocks to watch this quarter have flagged Take-Two as one of 2027’s clearest catalysts.

Whether the cash flow forecast holds depends on November’s launch. Nearly a decade of pent-up demand is riding on it.

The post GTA VI Release Date Confirmed? Take-Two SEC Filing Forecasts $1 Billion Cash Flow appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

Elizabeth Warren corners Trump over $1.4B crypto fortune

Published

on

Elizabeth Warren corners Trump over $1.4B crypto fortune

Senator Elizabeth Warren has demanded that President Donald Trump disclose his 2026 crypto earnings after a federal filing showed $1.4 billion in income from digital asset ventures during 2025.

Summary

  • Elizabeth Warren wants Trump to disclose his 2026 crypto earnings by July 23.
  • Trump reported $1.4 billion in crypto-related income from ventures including World Liberty Financial.
  • Democratic demands for ethics rules could complicate the CLARITY Act’s Senate vote.

Warren, in a Thursday letter, asked Trump to release details covering his cryptocurrency earnings between Jan. 1 and July 15. She gave the president until July 23 to provide the information voluntarily as the Senate considers the Digital Asset Market Clarity Act.

Trump’s 2025 financial disclosure, filed on June 30 under rules set by the U.S. Office of Government Ethics, listed income linked to Official Trump (TRUMP) and World Liberty Financial, his family’s crypto company.

Advertisement

According to Warren, the filing raises concerns about elected officials shaping legislation that could affect the value of their holdings.

“[Trump’s] financial disclosure raises key questions about the appropriateness of Presidents, Vice Presidents, senior administration officials, members of Congress, and their families profiting off the crypto industry, just as the US Senate debates crypto market structure legislation that has the potential to increase the value of your crypto holdings.”

Warren ties disclosure demand to CLARITY vote

Under current disclosure rules, Trump does not need to submit his 2026 annual report until May 2027. Warren wants the information released early because senators are working on legislation that would establish federal rules for the crypto market.

In her letter, the Massachusetts Democrat argued that approving CLARITY without firm ethics rules could benefit Trump and his family financially.

Advertisement

“[W]ithout adequate guardrails, [CLARITY] would turbocharge the President’s significant conflicts of interest and almost certainly boost the value of his and his family’s crypto holdings,” Warren wrote.

Responding to similar concerns during a July 2 interview, Trump maintained that there was nothing illegal and nothing wrong with earning money from his crypto investments while serving as president.

White House spokesperson Anna Kelly also rejected claims of a conflict. According to Kelly, Trump’s assets are held in discretionary accounts managed by independent third-party financial institutions, leaving the president without direct control over them.

Senate ethics fight threatens the bill’s path

Senate Majority Leader John Thune has said the chamber will vote on the crypto market structure bill before senators leave for their August state work period. Passage requires 60 votes, meaning Republicans will need support from several Democrats.

Advertisement

Several Democratic senators have publicly refused to support a market structure bill without clear ethics provisions. Some lawmakers have specifically cited Trump’s crypto interests when explaining their opposition, making the dispute a potential obstacle to the legislation.

While the Senate negotiates its version, the House Financial Services Committee’s digital assets subcommittee held a field hearing on CLARITY in New York City on Friday. The House passed the bill in July 2025, but any version amended and approved by the Senate would need to return to the lower chamber.

House Financial Services Committee Chair French Hill described crypto market structure legislation as “a bipartisan priority” for Congress. However, no Democratic lawmakers appeared to attend Friday’s hearing.

The Senate debate now places Trump’s crypto income alongside unresolved questions about federal oversight and political ethics. Warren’s July 23 deadline does not legally require the president to respond, but compliance would reveal his latest crypto earnings months before the next mandatory filing.

Advertisement

Source link

Continue Reading

Trending

Copyright © 2025