Bonzo Lend, a lending protocol on the Hedera mainnet, has paused operations following an oracle exploit on July 11, 2026, resulting in an estimated loss of $9 million. Bonzo stated that the incident stemmed from the verification layer of a third-party oracle, while Bonzo Lend’s core contracts functioned exactly as designed.What HappenedAccording to Bonzo’s incident report, the exploit began around 00:51 UTC on July 11, 2026, when a wallet identified as Wallet A submitted a price update to a third-party on-demand oracle system on the Hedera mainnet. The submitted price concerned the SAUCE/wHBAR pair and was heavily manipulated compared to…
Author: cryphedge
The crypto market is always a topic of discussion due to its daily and weekly fluctuations, and therefore, it grabs the attention of crypto holders. This daily and weekly momentum provides a pathway and can be used as a behavioral indicator for certain cryptocurrencies. According to the statistical calculations, many cryptocurrencies performed well last week and grabbed crypto holders’ attention. There is a hierarchical list of top crypto gainers of the week that show record growth, and the overall market remains in an upward trend. Here are Crypto gainers named as DeXe ($DEXE), Arbitrum ($ARB), Pyth Network ($PYTH), Uniswap ($UNI),…
Interpol said a crypto wallet linked to a 20-year-old fraud suspect processed more than $122.5 million over 10 months.Police in Thailand arrested two people in a money-laundering investigation involving romance-scam proceeds moved through crypto and cross-chain token swaps. The swaps were used to obscure the financial trail, Interpol said in a July 9 account of Operation First Light 2026.The $122.5 million reflects money that passed through the wallet over 10 months, rather than a balance sitting there at once. Interpol did not identify the wallet, name the assets or chains used, say how much of the total came from theft,…
The US Justice Department says a prisoner serving a nine-year sentence for money laundering conspired to move about $290,000 in cryptocurrency in January 2024 after a court ordered the assets forfeited to the United States.The case highlights a potential gap between a court’s forfeiture order and the government obtaining control of assets that can still be transferred.Until an agency obtains practical control of the wallet, someone with valid access may still be able to send the assets elsewhere.In a July 9 announcement, the Justice Department said Rossen Iossifov allegedly routed the cryptocurrency through multiple exchanges and illicit mixing services, preventing…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: July 12, 2026 Bitcoin price remains constructive as it trades around $62,000 to $63,000,…
Two sportsbooks can both take your Bitcoin and be built on entirely different foundations. One is a crypto-native sportsbook running on blockchain rails from the ground up. The other is a conventional operation that added a coin button to the cashier and changed nothing else underneath. The label a book gives itself rarely makes the difference clear, which is why the honest question about any such platform is architectural, not promotional. Does crypto run through the core of how the platform holds funds, settles bets, and denominates a balance, or does it stop at the deposit screen? The answer changes…
Demand for XRP is weakening across several key market indicators, testing whether the XRP Ledger’s (XRPL) growing institutional pipeline can translate into sustained investor and network activity.US spot XRP exchange-traded funds recorded about $7.2 million in net outflows in the week ended July 10, according to SoSoValue. The withdrawals ended a nine-week inflow streak that brought nearly $200 million into the products.The weekly outflow ranked among the five largest for XRP funds this year, though it represented only a modest reversal in the broader trend. The products have attracted cumulative net inflows of $1.48 billion, while their combined assets approached…
US spot Bitcoin exchange-traded funds (ETFs) recorded their first weekly net inflow in more than two months, attracting $197 million across 13 products.The inflow ended an eight-week run of net redemptions that pulled more than $8 billion from the Bitcoin ETF sector.Following the renewed inflows, Bitcoin prices appreciated 3% this week, pushing past the $64,000 threshold as market observers eyed the $65,000 level.Bitcoin and Ethereum ETFs register weekly inflowsData from SoSoValue shows that the week ending July 10 commenced with $265 million in inflows on Monday, followed by an additional $21.4 million on Tuesday.However, demand temporarily reversed midweek, with net…
XRP has dropped nearly 70 percent from its July 2025 high of around $3.66, trading near $1.12 by early July 2026. That kind of drawdown tests even patient holders. But a growing number of chart watchers say the pain might be masking something bigger playing out underneath.The Trend Line That Keeps BouncingAn analyst pointed to a long term ascending trend line that XRP has followed since 2020, one that has already survived three major tests. Each time the price fell back to touch that rising support line, it bounced hard. The first came in April 2020 near 16 cents, followed…
A crypto sportsbook’s homepage often carries a small badge: audited by a named security firm, sometimes with a logo, sometimes just the word. Among the signals a bettor weighs, crypto sportsbook audits are one of the more reassuring, and the reassurance usually works. The question the badge quietly skips is the one worth asking before any funds move: audited against what, and proving what? That distinction matters because an audit is a specific, limited thing read as a broad promise. A bettor who knows what crypto sportsbook audits cover, how to check one, and what they cannot tell you turns…
