The decentralized autonomous organization governing Bonk, a popular dog-themed meme coin on the Solana blockchain, lost roughly $20 million in tokens after attackers exploited its treasury wallet. The incident, described by the project as a 'malicious' governance attack, targeted funds held by the Bonk DAO. Governance attacks
AVAX One, the corporate vehicle behind a $550 million Avalanche treasury strategy, has begun searching for a new chief executive after the leader who spearheaded the pivot stepped down. The treasury initiative, announced last year, gained prominence with backing from SkyBridge Capital founder Anthony Scaramucci, positioning the firm among a
Total stablecoin supply on the XRP Ledger has grown to roughly $890 million, a 20.56% increase over the past 30 days, reflecting rising demand for dollar-denominated tokens on the network. Ripple's RLUSD dominates the market, accounting for $844.58 million, or 94.9% of the total
Solana has introduced a formal on-chain governance mechanism, Solana Governance Proposals (SGP), giving delegators and validators a structured way to shape decisions such as the network's ongoing inflation debate. Under the new framework, a proposing validator's vote account must hold at least 100,000 SOL
Shares of Avalanche Treasury have declined 73% since the company's debut, driven largely by falling values in its AVAX holdings. As a corporate treasury vehicle tied to the Avalanche network's native token, the firm's financial health is closely linked to AVAX's market
Forward Industries has grown its Solana holdings to 7.55 million SOL, giving it a treasury larger than the next three biggest publicly traded Solana holders combined. The disclosure sent the company's stock up 17%, reflecting investor enthusiasm for corporate crypto accumulation strategies. Forward Industries joins a growing
Bitmine continued expanding its Ethereum holdings despite a difficult week for prices, acquiring an additional 27,084 ETH. The purchase lifts the company's total reserves to approximately 5.70 million coins, valued at around $8.9 billion at current market levels. The accumulation moves Bitmine to 94% of
OpenAI's June 26 launch of its GPT-5.6 model family inadvertently rippled into crypto markets, as the company named its three model tiers Sol, Terra, and Luna. The naming overlap with Terra's collapsed ecosystem tokens prompted traders to pile into the long-dead LUNA token,
Onchain analysts tracked four early Ethereum wallets that had held 37,602 ETH since 2018 before liquidating their positions this week. The wallets, often referred to as 'OG' addresses due to their long holding periods, secured an estimated $27 million in realized profit. However, the timing highlights a
MemeCore's M token collapsed within hours, dropping from nearly $3 to around $0.50 and erasing close to $3 billion in market value. The sudden decline occurred without any identifiable trigger, as no exploit, hack, or official announcement accompanied the move. The lack of explanation has fueled speculation
Memecoin marketing has increasingly shifted from purely online speculation toward stunts that carry tangible physical and personal risk. Promotional campaigns once limited to social media engagement now include real-world dares, such as alcohol challenges and head-shaving stunts, designed to drive attention and trading volume. Critics argue these tactics
Inveniam, which previously invested $20 million in MANTRA, is now moving to acquire the real-world asset blockchain project outright following a turbulent period for the company. MANTRA's native token OM suffered a dramatic collapse in 2025, wiping out significant market value and triggering a broader crisis of