The co-founder of crypto mixer Tornado Cash, Roman Storm, has updated his fundraising target and is pushing to raise over $1 million to continue funding his legal battle. Over the weekend, Storm revealed that his team is facing a “critical shortfall” ahead of the start of his July trial. 🤯
In a dizzying spectacle befitting a tragicomedy, the overall market cap slid down a slippery slope by 3.33%, resting plaintively at $3.68 trillion, while trading volume, that harbinger of excitement, erupted over 31% to a staggering $257 billion. Panic, dear reader, is indeed a lively dance partner. Here lies Bitcoin, the undisputed monarch, still clutching a magnificent 63.4% of the total market, twirling amidst uncertainty.
And how did this happen, you ask? Well, brace yourself. Our dear friend, the attacker, found a vulnerability in Arcadia’s Rebalancer contract. Yeah, and they thought, “Hey, why not exploit some arbitrary swapData parameters?” I mean, come on—who even thinks like that? They pulled off a swap, and in a flash, they drained the assets right from user vaults! Cyvers, the superhero of blockchain security, gave a little shout-out about it.
This obviously prompted Kazakhstan to ponder whether it, too, could enhance its returns with a bit more pep in its step and some decidedly aggressive portfolio strategies, leading to a delightful (and slightly perilous) inclusion of crypto into their joyful discussions, because why not toss a little digital currency into the national treasure chest? 🏦✨
Amidst some dramatic swooning (but still better than my Aunt Ludmila during family gatherings), Bitcoin [BTC] has clambered up the ranks, now strutting about like a peacock on the stage of asset greatness.
But, as with all things in life, there’s a mix of good and bad. The combination of Bitcoin’s ATH, elevated mining difficulty, and Long-Term Holders’ (LTH) behavior paints a rosy picture, but risks still lurk in the shadows like a rattlesnake in the bushes. 🐍
Stellar, the daring adventurer of the crypto world, challenged the dizzying peak it set in mid-January 2025 at $0.515. With an audacious rally of 109.7% in a mere week, the XLM bulls were left gasping for air and had no choice but to retreat. A truly valiant effort, if not a little too optimistic. 🦸♂️
Popcat [POPCAT], that ever-elusive memecoin, leapt 12.89%, bouncing off a rather humble $0.34 to hit the lofty heights of $0.4117, only to retract (because who doesn’t love a dramatic twist?) to $0.39 as of this writing. The audacity!
Back when Odell Beckham Jr. was dazzling the world as a wide receiver for the Los Angeles Rams, the world of sports and cryptocurrency collided with the force of a meteor slamming into Earth. With his eyes set firmly on the future, OBJ announced that he’d be taking his entire $4.25 million salary in bitcoin (BTC), and just like that, history was made. He was feeling quite pleased with himself, thanks to the stellar partnership with Cash App.
According to Cathiesark.com, ARK Invest has sold off a staggering $6.3 million worth of Coinbase (COIN) on July 10th. But wait, there’s more! They also ditched $5.6 million worth of Robinhood and $8.5 million worth of Roku between July 10th and July 11th.
