Aave chief defends protocol’s ‘resilience’ after $8.45 billion bank run
The founder of the largest DeFi platform blamed “third-party” entities for decentralized finance’s vulnerabilities, while independent data highlights severe gaps in Aave’s own risk architecture....
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Donald Trump pressures Kevin Warsh for interest rate cut as inflation hits three-year high
Warsh’s decision on interest rates will test Fed independence, impacting economic stability, market dynamics, and crypto volatility. The post Donald Trump pressures Kevin Warsh for interest rate cut as inflation hits three-year high appeared first on Crypto Briefing....
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S&P 500 drops 2.64% as investors dump tech for healthcare and consumer staples
The shift from tech to defensive sectors highlights market volatility and suggests a reevaluation of growth stock valuations amid economic shifts. The post S&P 500 drops 2.64% as investors dump tech for healthcare and consumer staples appeared first on Crypto Briefing....
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Crypto fear just hit 13. Every time before, it marked a bottom
The Crypto Fear and Greed Index, the most widely watched gauge of market sentiment, has collapsed to 13. That reading sits deep in “extreme fear” territory, the zone where panic, capitulation, and despair dominate the market’s mood. Bitcoin is hovering…...
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Ethena generates $4.62M in daily fees as Coinbase Ventures scoops up ENA tokens
Ethena’s rapid fee generation and Coinbase Ventures’ investment highlight its potential but also risk dependency on a single platform’s strategy. The post Ethena generates $4.62M in daily fees as Coinbase Ventures scoops up ENA tokens appeared first on Crypto Briefing....
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Trump criticizes potential Fed interest rate hikes, praises new chair Kevin Warsh
Trump’s stance against rate hikes could challenge Fed independence, impacting financial markets and potentially increasing crypto volatility. The post Trump criticizes potential Fed interest rate hikes, praises new chair Kevin Warsh appeared first on Crypto Briefing....
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Pi Network (PI) Tumbles 12% Weekly: Here’s What Could Trigger a Recovery
The past 24 hours have offered a minor yet evident resurgence for most leading cryptocurrencies. Nonetheless, Pi Network’s native token remains in red territory as its price faces further downward pressure. According to one analyst, there might be light at the end of the tunnel, as a key factor...
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Yuga Labs Just Pulled Off A $500,000 Crypto Heist — Against These Hackers
Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs — worth more than $500,000 — from an active exploit targeting Flooring Protocol, deploying its own funds and acting before additional attackers could drain assets...
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Bitcoin Is Bleeding, And This Is What Is Driving The BTC Price Crash
The BTC price is declining more each day as the bear market tightens its grip on the crypto market. Last week, Bitcoin plummeted below $60,000 for the first time since October 2024, marking a new low for this cycle. While overall market sentiment has weighed heavily on the cryptocurrency,...
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Bitcoin braces for inflation shock as CPI puts bulls on edge
Bitcoin traders are preparing for a series of U.S. inflation reports this week that could determine whether the crypto asset can hold its recent recovery from the $60,000 area or face another wave of selling pressure. According to Trading Economics…...
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