Crypto News

Strategy is doubling down on bitcoin with a bold $110 million buy, pushing its holdings to a staggering 582,000 BTC and turbocharging its crypto dominance. Strategy Bolsters Bitcoin Reserve With 1,045 BTC, Total Hits 582,000 Coins Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 9 that it has acquiredSource link

Sui-based decentralized exchange (DEX) Cetus Protocol is back online following a 17-day outage spurred by last month's $223 million exploit.The protocol recovered around $162 million worth of stolen funds and is continuing legal action against the attacker, who did not respond to the DEX's requests to negotiate.Sui stepped in to compensate Cetus for the initial losses, issuing a loan to reimburse impacted users on May 28. DefiLlama data shows that Cetus' total value locked (TVL) was $284 million before the exploit and is now down to $124 million.The attacker exploited a flaw in Cetus' shared math library contract, tricking the protocol into believing that one token was worth millions of dollars.Despite attempts to negotiate and come to a settlement, the...

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how Latam is changing its position on Trump’s tariff threats, given his trend of backing away from enacting these measures. Latam Insights Encore: Latin America Is Noticing Trump’s Tariffs Are AllSource link

Solana’s SOL SOL posted a solid recovery over the past 24 hours, rising as much as 4.83% before retreating to trade around $152.16. While volatility remains elevated, the cryptocurrency has formed a pattern of higher lows, suggesting underlying strength amid a fragile macro backdrop.The broader market remains focused on renewed trade talks between the United States and China, which kicked off Monday in London. The meetings bring together top officials, including U.S. Commerce Secretary Howard Lutnick and Chinese Vice Premier He Lifeng, to address longstanding tensions over tariffs and tech restrictions. While the two sides struck a temporary truce last month, both have since accused each other of backsliding. Analysts say the rare earth export curbs and AI chip controls...

Crypto, cash, and property were seized after raids on a Gold Coast firm accused of running a laundering network via fake businesses.Source link