Month: June 2026

Bitcoin price holds $64K as ETF outflows and Iran peace hopes pull traders

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Bitcoin price traded near $64,000 on Monday, even as Asian equities and technology shares rose after fresh progress in U.S.-Iran talks.ย  Summary Bitcoin price stayed near $64,000 despite Asian stock gains and softer oil after U.S.-Iran progress Monday. Spot Bitcoin ETFs saw $227 million in weekly outflows, extending the selling streak to six. Analysts remain split, with bearish targets near $48,000 and cycle support around $53,000 to $55,000. According to crypto.news data, Bitcoin traded at $64,188 at press time, with a 24-hour range between $63,232 and $64,543. The move left…

Morgan Stanley Amends ETH, SOL ETFs to Reveal Cheap Fees

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Morgan Stanley has updated its filings for its Ether and Solana exchange-traded funds, revealing that it plans to charge the lowest fees among its rivals. The company filed amended Form S-1 statements with the Securities and Exchange Commission for each ETF on Thursday, showing it plans to undercut the current market offerings and charge fees of 0.14% for each of its products. The current lowest-fee spot Ether (ETH) ETF in the US is the Grayscale Ethereum Staking Mini ETF (ETH) at 0.15%, while Franklin Templetonโ€™s spot Solana (SOL) ETF, the…

Taiko Bridge Exploited for Up to $1.7M in DeFi Hack

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Taiko, an Ethereum layer-2 blockchain, has urged its users to withdraw assets from the networkโ€™s bridges after an exploit on one of its bridge protocols saw attackers make off with $1.7 million in the latest decentralized finance hack this month.ย  โ€œWe have confirmed a compromise of Taikoโ€™s chain state verification mechanism,โ€ ย  Taiko posted to X early on Monday. โ€œAs a result, the security assumptions of all bridges deployed on Taiko can no longer be relied upon.โ€ โ€œWe strongly advise all users to withdraw their funds from all bridges deployed…

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Secret Network Loses $4.67M in Infinite Mint Exploit

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An attacker has used an โ€œinfinite mintโ€ bug in a vulnerable smart contract on the Secret Network to create unbacked, wrapped versions of Axelar-wrapped assets, resulting in a $4.67 million exploit.ย  The exploit happened on June 10 but was discovered a week later on June 17, after a failed cross-chain transaction caused by an โ€œinsufficient fundsโ€ error in the drained account was detected, blockchain research firm Common Prefix reported on Friday. The attacker redeemed the Axelar-wrapped assets (saTokens) back over legitimate channels to drain the real Axelar-wrapped assets held in…

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Franklin Templeton Files New Bitcoin DRIP ETFs That Turn Stock Dividends Into BTC

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Key Takeaways Franklin Templeton seeks SEC effectiveness for two funds combining stocks and bitcoin exposure. Instead, dividend proceeds would be routed into bitcoin-related holdings over time. Investors could see growing cryptocurrency allocations while retaining diversified equity exposure. Proposed ETFs Blend US Stocks With Systematic Bitcoin Exposure Franklin Templeton ETF Trust has amended its existing Securities and Exchange Commission (SEC) registration framework to add two proposed exchange-traded funds (ETFs) that would combine U.S. equity exposure with a predetermined methodology for allocating bitcoin through dividend reinvestment. The June 18 filing outlines the…