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Summer.fi attackers transfer most of the stolen funds
ME News reports that on July 22 (UTC+8), according to Onchain Lens monitoring, the attacker behind the Summer.fi exploit has transferred the majority of the stolen funds. The attacker, who obtained 6.017 million DAI from the Summer.fi vulnerability on July 6, has been continuously exchanging and mov
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CLARITY Act Advances After Trump Approves Ethics Language
Key Insights:Trump approved the CLARITY Act ethics language, but Democratic support remains unresolved.The Senate needs bipartisan backing before the CLARITY Act can advance to a final vote.Updated CLARITY Act text is expected soon as lawmakers race toward the August deadline.The agreement followed
Democrats Criticize CLARITY Act Ethics Deal as 'Unserious Offer'
Democratic senators are divided on the recent White House ethics deal, which seeks to bar the president and top officials from self-dealing in the crypto industry. The deal proposes that the Department of Justice (DoJ) be the only enforcement authority for any cases related to ethical violations by
Summer Fi hackers transfer most of the stolen funds via Tornado Cash
According to on-chain analyst Onchain Lens (@OnchainLens), the Summer Fi vulnerability attacker has transferred the majority of the stolen funds. The attacker acquired 6.017 million DAI from the vulnerability on July 6 and has since been laundering and moving the funds through Tornado Cash. Two rela
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Alphabet Q2 Earnings to Test Cloud Growth Amid AI Investment Surge
Alphabet Inc. is under scrutiny as it prepares to release its earnings report, with a spotlight on its cloud business’s growth amid rising AI investments. Bloomberg Markets highlighted the necessity for Alphabet to demonstrate substantial cloud earnings growth as AI spending surges. In the first qua
Whale Buys 54,449 ETH and 600 WBTC Since June 30, Unlocking $12.5M Profit
Huoxing Finance reports that, as of July 22, the unrealized profit of wallet address 0x2684 has exceeded $12.5 million. According to The Data Nerd, this wallet has consistently increased its holdings of ETH and WBTC since June 30. The wallet has accumulated: 54,449 ETH, valued at approximately $94 m
Zilliqa Ledger App Vulnerability Exposes Native Transaction Signatures
ME News reports that on July 22 (UTC+8), Zilliqa disclosed a critical vulnerability in its Ledger app affecting Schnorr signature generation for native (non-EVM) Zilliqa transactions. The vulnerability exists in all versions of the Zilliqa Ledger app released between 2019 and 2026. On July 19, on-ch
Crypto Industry Spends $200M to Push CLARITY Act Through US Senate
The crypto industry has invested approximately $200 million in efforts to advance pro-crypto legislation, according to a report by Motley Fool. This significant expenditure is aimed at influencing the passage of the CLARITY Act, which proposes to divide oversight of digital assets between the SEC an
Bitcoin volatility falls to 2016 levels as reduced leverage lowers liquidation risk.
BlockBeats news: On July 22, Crypto Quant analyst Axel Adler Jr. posted that Bitcoin has recently entered a low-volatility compression phase, with the 30-day moving average of the 1-week realized volatility dropping to 28.3, a decline of approximately 31% from the June 25 peak of 41.6, and returning
Cardano Founder Vows Strong Fundamentals for Midnight Amid Wanchain Bridge Exploit
Cardano founder Charles Hoskinson has emphasized that Midnight’s long-term fundamentals remain strong despite the recent Wanchain bridge exploit that briefly rattled the market.In a post on X, the Cardano founder said Midnight continues to hold significant fundamental value and revealed that the pro
BTC Spot ETF Net Outflows in Q2 Reflect Absence of Institutional Buyers
Huo Xing Cai Jing reports that on-chain data analyst Murphy stated that this cycle, driven by the introduction of substantial traditional institutional capital through BTC spot ETFs, has resulted in a market participation structure markedly different from previous cycles. He noted that ETF net flows
Crypto market experiences third consecutive quarterly decline amid ETF outflows and regulatory uncertainty
Original author: Ashrith RaoSaoirse, Foresight NewsThe crypto market has just experienced its worst quarter since 2022. Combining the price action since July, we’ll examine the key challenges that need to be reversed in the third quarter.If the market continues to decline for three consecutive quart
Vitalik Buterin Proposes New Language to Improve AI Proof Readability
Ethereum co-founder Vitalik Buterin proposed a new programming language. It would compile directly into Lean or HOL, another formal proof assistant.The idea targets a specific gap in how people read AI output. Artificial intelligence increasingly produces large blocks of automated proofs, often fast
Musk Pledges Grok Imagine Will Create Full-Length Odyssey Film by End of 2026
Elon Musk says xAI’s video generation tool, Grok Imagine, will complete a full-length film of Homer’s Odyssey before 2026 ends.A viral clip showing the tool render a scene from the epic prompted the pledge.He gave no budget, cast list, or release date for the project. He framed the promise as eviden
U.S. Spot Bitcoin ETFs Record $203M Net Inflows, SoSoValue Data Shows
Spot Bitcoin ETFs recorded $203 million in net inflows, according to SoSoValue data, marking another day of positive demand for the U.S.-listed funds.What the latest SoSoValue spot Bitcoin ETF inflow data showsKEY POINTSU.S. spot Bitcoin ETFs posted a net inflow figure tracked by SoSoValue.The repor
