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Shiba Inu lead developer queries Coinbase’s ‘Onchain Summer’ campaign

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Kusama responded to Coinbase CEO Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s a copycat.“

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Coin Market

Initia halts blockchain after exploit reportedly drains over $2.6M

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The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.

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US senator probes Tether after reported deal with ex-Trump crypto adviser

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The Democratic ranking member of the Senate Permanent Subcommittee on Investigations asked Paolo Ardoino for records related to a reported deal between Tether and Nxum.

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Bitcoin seeks support above $81K as Brent crude oil hits highest level since March

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Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50-day moving average in focus.

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