Author: John Smith

Staking locks your crypto and earns yield. Liquid staking hands you a tradeable receipt for that locked position, so the same capital can earn twice. It is one of DeFi’s largest markets, and it comes with a specific danger most guides skip: the receipt can trade below what it represents. Here is how liquid staking tokens work, and where the risk actually lives. Summary Liquid staking tokens let users keep earning staking rewards while using a tradeable token across DeFi without unlocking the original assets. The biggest risk comes when liquid staking tokens trade below the value of the assets…

Coinbase has secured UK regulatory approval to expand beyond crypto, clearing the way to offer derivatives and equities through its platform under a single account. Summary Coinbase has secured UK investment services authorisation to offer derivatives and equities alongside crypto on one platform. The approval allows retail users to trade equities while institutional clients gain access to crypto, equity and commodity perpetual futures. The UK licence advances Coinbase’s everything exchange strategy as it continues expanding regulated financial services across Europe. According to a July 7 announcement, the company has received UK authorisation to provide investment services, allowing it to add…

Ethereum traded near $1,777.49 at the time of writing, up 0.5% in the past 24 hours, according to crypto.news market data.  Summary Ethereum must close above $1,800 to strengthen the short-term bullish setup, analysts say. Binance liquidity has improved, but rising exchange reserves still pose selling pressure near $2,000 resistance. MACD and RSI support recovery, while $1,750 remains the key level for bullish invalidation. The token had a 24-hour low of $1,732.10 and a high of $1,819.88, while daily trading volume stood near $17.08 billion. The move kept ETH close to the $1,800 area, which traders now view as the…

Yield Guild Games will shut down YGG Play, its crypto game publishing arm, after deciding the business is no longer commercially sustainable.  Summary Yield Guild Games is cutting 35 jobs and closing YGG Play after weak gaming demand. YGG will focus on gaming datasets for AI after extending total runway to four years. The shutdown adds to crypto layoffs as firms shift resources toward automation and AI products. The company blamed weak crypto market conditions and a difficult video game publishing market. YGG said the Oct. 10 market crash changed retail trading behavior and reduced the liquidity that many consumer…

BonkDAO has disclosed that attackers have drained roughly $20 million worth of BONK tokens from its treasury after exploiting a malicious governance proposal. Summary BonkDAO says attackers stole about $20 million in BONK through a malicious governance proposal targeting its Solana treasury. The DAO has contacted law enforcement and is investigating the exploit while attempting to recover the stolen funds. The incident adds to recent DeFi security breaches as the memecoin market remains under pressure. According to a statement published by BonkDAO on X, the unauthorized proposal allowed an unknown entity to remove approximately $20 million in BONK from the…

Crypto-related losses have fallen 46.8% year over year to $1.32 billion during the first half of 2026, but blockchain security firm CertiK has warned that the decline does not indicate a safer digital asset ecosystem. Summary CertiK says crypto losses fell 46.8% to $1.32 billion in H1 2026, but the decline does not mean the industry has become safer. Wallet compromises replaced phishing as the biggest attack method in Q2, with North Korean-linked attacks driving most major losses. CertiK and TRM Labs warn that attackers are becoming more targeted and sophisticated, making private key security a top priority. According to…

The UK Financial Conduct Authority has published a 147-page roadmap warning that autonomous AI systems could transform retail financial services while increasing the need for programmable digital payment infrastructure. Summary The FCA has published a 147-page roadmap outlining how agentic AI could automate retail financial services. The report identifies stablecoins and tokenized deposits as potential infrastructure for instant AI-driven settlements. The regulator says firms must keep human accountability in place as autonomous AI adoption accelerates. The UK’s Financial Conduct Authority has released a detailed review outlining how artificial intelligence is moving beyond assisting consumers to making financial decisions on their…

Belgium’s financial markets regulator has added six crypto platforms to its warning list after finding they are operating in the country without the authorization required under the European Union’s Markets in Crypto-Assets MiCA framework. Summary Belgium’s FSMA has warned consumers against six crypto platforms operating without MiCA authorization, signaling the start of stricter enforcement after the EU’s July 1 licensing deadline. Belgium’s financial regulator has added six unauthorized crypto firms to its warning list and urged investors to verify providers through the official MiCA register. Following the end of the EU’s MiCA transition period, Belgium’s FSMA has flagged six crypto…

South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. Summary South Korean regulators will hear Polymarket’s response before deciding on possible corrective action. Authorities are reviewing whether the platform’s prediction markets violate the country’s gambling laws. The review follows an earlier police investigation into South Korean Polymarket users over alleged illegal gambling. The Broadcasting, Media and Communications Review Committee said on Monday that it will hear Polymarket’s explanation before reaching a final decision on a corrective request…

SpaceX shares have remained under pressure ahead of their Nasdaq-100 debut, even as the upcoming index inclusion is expected to trigger roughly $4.3 billion in passive fund buying. Summary SpaceX joins the Nasdaq-100 on July 7, with JPMorgan estimating about $4.3 billion in passive fund buying. The stock is holding above $155 support while traders watch for a breakout above $160 and $165. Limited public float and heavy insider ownership could increase volatility during the index rebalancing. According to Nasdaq, SpaceX will officially join the Nasdaq-100 before the opening bell on July 7 after qualifying under the exchange’s updated rules…