Squid has moved quickly to stress that a recent $3 million exploit targeted a third party Gnosis Safe module called SquidRouterModule, not its core cross chain routing contracts, after 86 wallets on Ethereum and Base were drained in under two hours. Summary Blockaid flagged an active exploit on the SquidRouterModule affecting 86 Gnosis Safes Around

Kenya’s Finance Bill 2026 has proposed new reporting obligations for crypto platforms and fresh taxes on digital payments as authorities move to expand tax collection powers across the financial sector. Summary Kenya’s Finance Bill 2026 would require Virtual Asset Service Providers to submit annual user and transaction reports to the Kenya Revenue Authority. The proposal

Hyperliquid’s native token HYPE has surged more than 40% over the past seven days, fueled by aggressive institutional accumulation, fresh all-time highs in derivatives activity, and a major technical breakout that has traders eyeing another leg higher. Summary Hyperliquid price has surged more than 40% over the past week, supported by ETF inflows, protocol buybacks,

A Satoshi-era Bitcoin whale has transferred more than $200 million worth of BTC to crypto trading firms FalconX and Cumberland as exchange inflows and ETF outflows continue drawing attention across the market. Summary A dormant Bitcoin whale moved 2,650 BTC worth about $203 million to FalconX and Cumberland in three transactions. Onchain Lens said the

Strategy has paused its Bitcoin purchases this week as the company moved to repurchase convertible debt, while Michael Saylor has continued signaling that future Bitcoin sales remain possible as part of the firm’s capital management strategy. Summary Strategy paused Bitcoin purchases this week as the company moved to repurchase nearly $1.5 billion in convertible notes.

Coinbase CEO Brian Armstrong said the financial system still needs eight key upgrades before crypto-based finance can reach wider use.  Summary Brian Armstrong said finance still needs eight upgrades across tokenization, stablecoins, AI, access, and regulation. Coinbase has recently expanded stablecoin tools, AI payments, and on-chain infrastructure across several products. Related reports show RWA tokenization

XRP Ledger developer and Xaman founder Wietse Wind renewed a warning to XRP users after scam accounts again targeted the wallet’s brand.  Summary Xaman founder Wietse Wind said fake desktop wallet and airdrop scams are targeting XRP users. More than 20 scam X accounts and 10 fake domains now appear daily, Wind said. Related reports

Hyperliquid’s native token HYPE has extended its record rally as new analysis points to the protocol’s built-in buyback system as a main driver behind the move, rather than ETF demand alone. Summary Hyperliquid has routed over $1.16 billion in trading fees into open-market HYPE purchases since launch. DefiLlama says 99% of perps and spot revenue

Binance Australia will require users to provide extra information when sending or receiving crypto from July 1, 2026.  Summary Binance Australia users must provide sender details for crypto deposits from July 1, 2026 onward. Outgoing withdrawals will require beneficiary information, including full name, country, and city or locality details. Related crypto.news coverage says AUSTRAC rules

Blockchain researcher William Mougayar defended the Ethereum Foundation after months of criticism over ETH sales, unstaking activity, and limited public communication. Summary William Mougayar said critics misread the Ethereum Foundation by treating it like a marketing team. Recent Foundation sales to BitMine totaled 25,000 ETH across three OTC deals lately. Separate reports showed 38,305 ETH