Crypto News

The Trust Wallet team, with all the urgency of a man sprinting from a burning library, declared the breach a “recent update” to their Chrome extension. “Disable 2.68! Upgrade to 2.69!” they cried, their public plea more desperate than a poet begging for patronage. One suspects the vulnerability was as isolated as a hermit in Siberia, yet the scale of plunder-a veritable feast for thieves-has left even the stoic crypto faithful clutching their pearls.

Originating from a May breach, the Modi-nation, in a commendable display of cooperation with U.S. law enforcement-including the illustrious Brooklyn District Attorney’s Office-has seen Coinbase engage in elaborate intrigue. The brazen attackers had convinced contractors and overseas employees to become unwitting pawns in their game to pocket customer data, only to attempt to extract an exorbitant $20 million from Coinbase itself. At the time, as if by a bewildering feat of prophecy, the San Francisco-based exchange preluded this misguided endeavor could require a $400 million investment for rectification-truly an epic, costly escapade!

As elucidated by the esteemed Maartunn, a sage of CryptoQuant, the enigmatic “Supply In Loss” metric reveals that a third of Bitcoin’s supply is currently languishing in financial purgatory. Imagine, if you will, a party where everyone is still paying for their drinks-except the host, who’s secretly plotting a comeback. 🕵️♂️

Lau, already waving his buy flag with a $415 price target, grouped Coinbase with Nasdaq (NDAQ) and S&P Global (SPGI) as his golden trio of fintech darlings. Meanwhile, COIN’s shares are currently melting like ice cream in July, down 2.2% to $234.50 after the Christmas crypto crash ❄️📉.

Yet lo! Institutional investors, those modern-day gentry with spreadsheets instead of serfs, continue to pour money into XRP ETFs. Are they visionaries? Fools? Or merely betting that the crypto market will eventually remember how to spell “upward momentum”? 🤷♂️

According to the wise statisticians of CoinMarketCap, Dogecoin’s volume zoomed to $1.01 billion-impressive, until you remember that most of the top ten altcoins are all crying in the corner, down in the dumps. Yet, the volume jump has not turned the price tide; instead, DOGE has shed 0.5% over the past 24 hours, dwindling down to $0.1254-less of a rally and more of a slow, painful drift into obscurity. Well, at least it keeps the investors’ blood pressure interesting. 😎

Everyone knows Uniswap does about $2 billion worth of trading gambles every single day, and pulls in roughly $600 million in fees across the year – if you believe the data from DeFillama. Until now, all that tasty fee cheddar went straight to liquidity providers – leaving the UNI token just sittin’ on the sidelines, more of a parlour trick than a real moneymaker.

The liquidation overview indicates that the total amount of liquidations in 2025 was approximately $154.6 billion, with the biggest daily wipeout amounting to approximately $19.1 billion. Perception is distorted by that spike alone. Particularly on a market where leverage is deeply ingrained, a single extreme event does not characterize the entire year. It’s like blaming a single rainy day for the entire season. 🌧️

Trust Wallet users lost over $7 million shortly after the Chrome extension “updated” itself like a sketchy infomercial product. But fear not! Binance’s CEO-in-chief (and resident crypto dad) promised to foot the bill. Generous? Sure. But also kinda like reimbursing your roommate for eating your leftovers-you’re responsible, but we’re all a little annoyed.

The ‘gift,’ naturally, is mere liquidity. The ability to scuttle for cover, as it were, while the going is…slightly less atrocious. It seems our Bitcoin hasn’t entirely eschewed gravity, despite the brief, almost impudent rally earlier today to a peak of $89,194. Still a shade under 29.3% from its former, rather overheated glory. One wonders if its creators anticipated such a delicate constitution.