CoinDCX was hacked, losing $44 million from an internal account due to a sophisticated server breach. The exchange's leadership affirmed that customer funds are safe and recovery efforts are underway.

Bullish, a crypto exchange backed by Peter Thiel, has filed for an IPO to raise up to $100 million, listing on the NYSE as "BLSH." Despite a substantial Q1 2025 loss of $348.6 million, investor interest in crypto remains strong.

The UK government is preparing to sell up to $7 billion worth of seized bitcoin, primarily to help address a significant budget deficit, according to a Saturday report from The Telegraph
This stash is largely composed of 61,000 BTC confiscated in a 2018 raid linked to a Chinese Ponzi scheme.

BlackRock plans to add staking functionality to its iShares Ethereum ETF (ETHA), allowing it to engage in the ether staking market. This would let the ETF earn staking rewards for investors without exposing them to technical risks.

Around 90 million TRUMP tokens worth $900 million will be unlocked, increasing supply by 45%. This event raises Trump's net worth by an estimated $93 million and coincides with ongoing debates in Congress about crypto regulation.

Cantor Fitzgerald is nearing a major deal with Adam Back's Blockstream to acquire 30,000 BTC for over $3 billion. The SPAC will rename to BSTR Holdings and aims to raise $800 million more, increasing its bitcoin exposure significantly.

The DOJ and CFTC have closed their investigations into Polymarket, determining no further action is needed after reviewing whether it allowed U.S. users to place bets, despite previous agreements.

Grayscale Investments has confidentially submitted a draft registration statement to the SEC, marking a potential step toward an IPO. If approved, it could become publicly traded by the end of 2025, joining other crypto firms.

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming for $25.7 million, funding its operations. SharpLink, now holding 270,000 ETH, positions it as its main treasury asset and gained significant unrealized profits.

Inception, a liquid restaking token platform, is shutting down after two years due to a lack of product-market fit and sustainable liquidity. The team assures that user assets are safe and encourages prompt withdrawals.

Crypto security firm Venn Network revealed a critical backdoor vulnerability affecting over $10 million in assets across numerous smart contracts. A 36-hour rescue mission by security experts mitigated potential exploitation, with suspicions of ties to the North Korean Lazarus Group.

Florida's Attorney General James Uthmeier is investigating Robinhood for allegedly misleading customers about crypto trading costs, claiming its promotions of being the "lowest cost" may be deceptive compared to competitors.

World Liberty Financial is conducting a community vote until July 16 on making its WLFI governance token tradable, with over 99% support from voters. However, tokens owned by founders, including the Trump family, will remain locked initially.

Pump.fun, a Solana memecoin launchpad, plans to launch its PUMP token via an ICO on July 12, with significant allocations to public sale, community, team, and early investors. Critics warn it could harm the memecoin market, highlighting potential inconsistencies from the co-founder.

Eigen Labs laid off 25% of its workforce to focus on developing EigenCloud, a platform for verifiable applications. CEO Sreeram Kannan expressed optimism about future demand for such technology. Affected employees will receive compensation and support.

Phantom wallet has integrated direct perpetual futures trading via Hyperliquid, allowing users to trade over 100 markets, access up to 40x leverage, and use risk management tools. Users must fund their balance with SOL, which converts to USDC, with a rollout starting soon.

A U.S. bankruptcy judge has allowed Celsius Network's $4 billion lawsuit against Tether to proceed, rejecting Tether's motion to dismiss. Celsius alleges Tether improperly liquidated BTC collateral, breaching their lending agreement.