The protocol’s SUMR token fell by over 18% after the incident.
Coindesk
Cantor says Strategy’s recovery hinges on restoring STRC to par
Bringing Strategy’s preferred shares back to $100 is key to restarting Strategy’s capital engine, the bank said, with repeated management actions expected to support both preferred and common shareholders.
Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
The second-largest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings.
Michael Saylor’s Strategy dramatically ups pace of bitcoin sales, raising $216 million
The company sold 3,588 bitcoin last week to replenish its dollar reserves for dividends on its preferred stock.
Russia’s largest bank plans crypto wallet launch as Moscow clears market path
Services will integrate into “Sberbank Online” and “SberInvestments” once the “On Digital Currency and Digital Rights” bill takes effect in September.
SpaceX’s Nasdaq 100 inclusion comes with a historical warning
The largest IPO ever enters the Nasdaq 100. Previous additions like Palantir and Strategy saw volatility after the index inclusion rather than the start of new rallies.
U.S. inflation outlook underpins bitcoin bulls after best week since March
Your day-ahead look for July 6, 2026
Crypto bounces back from the brink as altcoin optimism returns despite pockets of weakness
BTC holds at $62,800 after last week’s brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.
Bitcoin’s Sharpe Ratio slides to lowest since 2022. Here’s what it means.
A reading that negative means investors would have been better off in risk-free assets like 10-year U.S. Treasuries.
Ripple’s preliminary crypto asset provider license in Luxembourg upgraded to fully compliant
The approval means Ripple is now fully MiCA-compliant for payments, financial institutions, corporates and businesses across all 30 European Economic Area countries.