Month: June 2026

Sui Addresses Three Network Outages With Major Upgrade

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The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days. Sui experienced an outage on Thursday that lasted nearly six hours and two more on Friday. The first lasted eight hours and 25 minutes while the second lasted 43 minutes, according to the Sui network’s uptime dashboard. All systems are listed as operational as of Monday. The Sui Foundation said in a…

Crypto Exploit Losses Fall 90% in May to $68 Million

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Losses from exploits of crypto platforms fell to $68.3 million in May, down almost 90% from the $650 million lost in April, says crypto security company CertiK. “After a particularly bad April, May is now the third month of 2026 to record losses under [$100 million],” CertiK posted to X on Sunday.  Around $2.6 million of the total crypto stolen in May was due to phishing attacks, while roughly $9.4 million was recovered or returned, it added. Excluding the $1.5 billion hack on Bybit in February 2025, April saw the…

Michael Saylor hints at new Bitcoin purchase as STRC dividend vote nears

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Strategy has signaled another Bitcoin purchase while seeking shareholder approval for a proposal that would allow more frequent dividend payments on its STRC preferred stock. Summary Michael Saylor has signaled another Strategy Bitcoin purchase days before a key shareholder vote on STRC dividends. Strategy is seeking approval to switch STRC dividend payments from monthly to twice a month. Retail investor participation could determine the outcome of the June 7 vote, which requires support from holders of at least 50% of outstanding shares. According to a Sunday post from Strategy chairman…

​​BitTycoon App Withdrawal Review: Is This Bitcoin Mining App Real or Fake?

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BNB Extended Price Target Says $780 Is Coming, But What About $1,000?

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BNB’s growth trajectory over the years has reflected the performance of the Binance crypto exchange, rising as the exchange grew. This has propelled it to become one of the largest cryptocurrencies by market cap, and with the market picking up again, expectations for where the BNB price might end up have begun to rear their heads again. BNB Bullish Triggers Are Lining up Again Crypto analyst Melikatrader94 on the TradingView website has outlined a trading plan for BNB, showing that the bullish factors are beginning to align one more. The…

Cardano Foundation Cancels Conference After Failed DAO Vote

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The Cardano Foundation has canceled its 2026 annual conference after its governance community shot down a revised proposal seeking to fund the event with treasury tokens. “Governance requires not only participation, but also a commitment to accept collective decisions. The Cardano community has spoken and we respect the outcome,” the foundation posted to X on Saturday after voting closed on Friday. The proposal sought to use 7.8 million Cardano (ADA) tokens worth $1.84 million to fund the event. 65.2% of votes were cast in favor of the proposal, which was…

Kraken seeks Bitcoin perps edge after CFTC clears Kalshi contract

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Kraken’s plan to launch regulated Bitcoin perpetual futures in the United States has put the exchange into a fast-moving race with Coinbase and Kalshi after fresh CFTC action opened a new path for crypto derivatives. Summary Kraken expects regulated Bitcoin perps through Bitnomial within 30 days for eligible U.S. institutional clients. Kalshi secured CFTC approval for BTCPERP, while Coinbase opened institutional access through its Deribit route. CFTC staff also issued 24/7 market guidance as exchanges bring offshore-style products into U.S. oversight. Kraken said it “plans” to launch CFTC-regulated perpetual futures…

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Wintermute Enters Prediction Markets as Liquidity Provider

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Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand. The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading to prediction markets and would provide “two-sided markets across event contracts on leading venues,” without specifying the platforms.  Jake Ostrovskis, head of OTC trading at Wintermute, said prediction markets have the “demand profile” of a major asset class but the liquidity profile of an “early-stage one.” “For these markets…