⚠️ONGOING EXPLOIT: Moonwell on Base looks to be under attack, with $9MILLION stolen already.
An attacker has manipulated $MAMO as collateral to borrow unbacked $cbBTC, $USDC, $wstETH and $ETH.
Meanwhile, Moonwell’s native token is PUMPING, gaining +25% in just the past hour despite the ongoing incident.
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🚨BREAKING: Nvidia has been in talks to acquire OpenAI's hack victim Hugging Face for more than $13 BILLION.
Hugging Face is the world's largest open-source AI platform, hosting over 2 MILLION models used by nearly every AI company on earth, per Business Insider.
In July it was hacked by OpenAI's own AI models in what OpenAI called an "unprecedented cyber incident."
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🚨BREAKING: Hugging Face, the world's largest open-source AI platform, had to use a Chinese AI model to defend against the OpenAI hack.
US frontier models refused to help with forensic analysis because their safety guardrails couldn't tell the difference between the attacker and the defense team.
Hugging Face fell back on China's GLM 5.2 running on its own servers to complete the investigation.
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DATA: OKX says it protected $1.1B+ in customer assets across 500,000+ users in H1 2026.
The exchange reports AI-powered detection protected nearly 49,000 customers and stopped $26.3M in scam transfers before funds left their accounts.
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⚠️HACKS GALORE: Three exploits drain $35.5 Million within hours in a brutal day for DeFi.
- AFX Trade- $24.15M hack
The AFX-operated USDC custody bridge on Arbitrum was exploited, forcing the team to suspend bridge operations.
- Verus - $7.55M hack
The Verus Ethereum Bridge was exploited after an attacker abused the bridge's import mechanism to trigger unbacked payouts, marking the second exploit using the same failure mode since May.
- B² Network $3.86M hack
Attackers gained unauthorized access to the $B2 staking contract's upgrade authority, prompting the team to suspend staking while security reviews are completed. The issue has since been contained, with no further impact expected.
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JUST IN: S&P just launched its first ever crypto index and Bitcoin isn't in it.
CEO Kathy Clay says $BTC was excluded because "it's really not one of those revenue generating protocols"
The index holds 18 tokens led by $ETH, $BNB, $SOL, $TRX, and Hyperliquid.
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🚨BREAKING: Hugging Face, the world's largest open-source AI platform, had to use a Chinese AI model to defend against the OpenAI hack.
US frontier models refused to help with forensic analysis because their safety guardrails couldn't tell the difference between the attacker and the defense team.
Hugging Face fell back on China's GLM 5.2 running on its own servers to complete the investigation.
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🔥CZ: BINANCE REACHED WORLD'S NO. 1 EXCHANGE IN JUST 5 MONTHS AND “STAYED THERE”
Celebrating Binance’s 9th anniversary, founder CZ says several factors drove the exchange’s success:
“The product has to be good. Customer service has to be good.”
“You have to have a mission. Our mission was to increase the freedom of money.”
CZ says "protecting users" helped Binance keep its lead.
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🤖WILD: HUMANOID ROBOTS ARE NOW BEING TRAINED TO BUILD OTHER HUMANOID ROBOTS
New footage shows robots assembling parts, handling circuit boards, and using power screwdrivers to build other robots.
Machines are now building the machines that will replace them.
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📈BINANCE STOCK TRADING ROCKETS TO $1 BILLION IN 30 DAYS
Binance says users bought over $1 billion worth of US equities through its new stock trading product within 30 days of launch.
The product launched on June 1 and gives users access to 7,000+ US stocks and ETFs inside the Binance app, with fractional trades starting from just $5.
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🚨CZ: “I DON’T UNDERSTAND STRC FULLY”
CZ says he took “multiple attempts” to understand Strategy’s $STRC, commenting it may be “too complex.”
He also said Bitcoin may not be the BEST asset for leverage because of its volatility, and that the market overreacted when Strategy sold BTC:
“At some point, he’s gotta sell some Bitcoin.”
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🔥CZ: BINANCE’S EU MICA FAILURE IS A “LOSS FOR EUROPE”
CZ claims Binance was once told by EU regulators that its MiCA application was "fully compliant" and close to approval.
He says two EU countries wanted Binance badly enough that there was a “bidding war” over where the exchange would be licensed.
However, “other forces” pushed back, forcing Binance to withdraw.
“It’s a loss for Binance. It’s also a loss for Europe.”
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🚨ANTHROPIC CEO: OPEN SOURCE AI IS GETTING DANGEROUS
Anthropic CEO Dario Amodei told lawmakers that open-source AI is moving down a “very dangerous path.”
His warns that once powerful models are released openly, companies lose the ability to monitor misuse, revoke access, or update safety guardrails.
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🚨BREAKING: Sen. Cynthia Lummis says the final CLARITY Act text will be released over the weekend of JULY 4th.
A Senate floor vote is expected in July, putting crypto market structure back on the clock.
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🚨SPACEX ERASES ENTIRE LISTING SURGE, FALLS BACK TO IPO PRICE
$SPCX touched its IPO opening price of $150 in overnight trading after erasing more than $400 billion in market value earlier in the day.
Everyone who bought SPCX after its IPO faces the looming risk of losses.
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🚨HUGE: TRUMP FORMALLY SIGNS U.S.-IRAN PEACE MOU AT VERSAILLES
The landmark agreement was finalized during a dinner hosted by French President Emmanuel Macron inside the historic Palace of Versailles.
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🚨LATEST: Jensen Huang says NVIDIA is working with $35B electronics giant LG on AI, robotics, and next-gen data centers.
🔥LATEST: Bitwise CEO Hunter Horsley says SpaceX's IPO valuation could rival the entire crypto market excluding stablecoins.
🩸OVER $88,000,000,000 ERASED FROM THE TOTAL CRYPTO MARKET TODAY
⚠️SUI DROPS -5% AS MAINNET SUFFERS NETWORK OUTAGE
The Sui team has confirmed a network-wide stall, with developers currently working on a solution.
The network has been down for over two hours, temporarily halting all transactions on the mainnet.
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⚡️JUST IN: Senator Lummis tweets “Clarity is Coming” with an AI-generated laser-eyes gaze.