MEV Bot Jaredfromsubway.eth Exploited For $7.5M

One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of millions over the years.  According to Blockaid, the incident on Saturday resulted from attacker-controlled contracts tricking Jaredfromsubway.eth’s automated MEV execution … Read more

WhiteBIT Gains MiCA Approval in Austria, Expands Access Across Europe

Crypto exchange WhiteBIT has obtained authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from Austria’s Financial Market Authority, allowing the company to offer regulated crypto services across the European Economic Area through a single license. Under MiCA, crypto companies authorized in one European Union member state can passport their services across the European … Read more

Bitcoin Rotations Into Altcoin Market is Collapsing: Is Altseason Postponed?

Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return. Key takeaways: Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021. Altcoin capital is increasingly getting concentrated in fewer projects, delaying the altseason. Bitcoin-to-altcoin rotation … Read more

Crypto Industry Looks to Stablecoin and DeFi Revisions in MiCA 2.0

In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries.  The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed the expected new framework “MiCA 2.0.” Katie Harries, director and head of policy for … Read more

Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery

Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery.  Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered guilty pleas for Interference with Commerce by Robbery, facing a maximum of 20 years in federal prison, according to … Read more

Philippines Is Ready for RWA Tokenization, SEC Commissioner Says

The Philippine Securities and Exchange Commission  (SEC) has signaled that the country is ready to accommodate the tokenization of real-world assets (RWAs), with Commissioner Rogelio Quevedo saying he believes the necessary legal and regulatory foundations are in place.  Speaking onstage at the Philippine Blockchain Week 2026, Quevedo said the SEC was “now fully convinced that … Read more

Sonic Token Falls 5% As Long-Standing Execs Resign

The S token, the native utility asset behind the Sonic blockchain, dipped on Friday after Sonic Labs announced the resignation of three former executives from its board.  The S token fell to 0.031, down 5% over 24 hours. The resignations include Michael Kong, a former CEO of the Fantom Foundation and director at Sonic Labs; … Read more

Bitcoin’s $13B Options Expire May Push Price To New Lows

Key takeaways: Puts (sell) options dominate the June 26 expiry with net advantages of $1B to $3.4B, leaving bulls exposed. Despite Strategy buying BTC again, heavy call (buy) positioning above $72,000 will likely reinforce bearish momentum. $13 billion in Bitcoin (BTC) options open interest is set to expire on June 26, potentially giving bears fresh … Read more