According to @PeckShieldAlert, the decentralized perpetual exchange GMX has been exploited for over $42 million. The blockchain security firm reported that the stolen assets include over $10 million in legacy Frax dollar, $9.6 million in wrapped BTC (wBTC), and $5 million in the DAI stablecoin. The report indicates that $9.6 million of the stolen funds have been bridged to the Ethereum blockchain, while $32 million remains on the Arbitrum network. In response, GMX developers have issued an on-chain message offering the attacker a 10% white-hat bounty for the return of the assets. This major security breach could impact trader confidence in DeFi protocols, particularly those operating on Layer-2 solutions like Arbitrum.

According to @EmberCN, Ethereum (ETH) price has surged, driven by significant fundamental strength including massive institutional demand and key ecosystem developments. CoinShares data reveals nearly $2.9 billion in year-to-date inflows into Ether investment products, indicating strong institutional conviction. This is complemented by robust on-chain metrics, with over 35 million ETH now staked—approximately 28% of the total supply—which reduces liquid supply on exchanges. Further bolstering bullish sentiment, Robinhood announced it is developing a Layer-2 network on Arbitrum's infrastructure, a long-term vote of confidence in Ethereum's ecosystem. From a trading perspective, while ETH pushed past $2,500, it still faces technical resistance near its 200-day moving average. Key levels to watch include support around $2,438 and resistance at the recent high of $2,523.

According to @lookonchain, the decentralized perpetual exchange GMX has been exploited for over $42 million, an event confirmed by blockchain security firm PeckShield. The stolen assets include $9.6 million in Wrapped Bitcoin (wBTC), $5 million in the DAI stablecoin, and over $10 million in legacy Frax dollar. PeckShield reported that $9.6 million of the funds have been bridged to the Ethereum blockchain, a common path for laundering through services like Tornado Cash, while $32 million remains on the Arbitrum network where GMX is hosted. In response, GMX developers have publicly offered the attacker a 10% white-hat bounty for the return of the funds. This incident highlights the persistent security risks in the DeFi sector for traders, contributing to the $2.5 billion lost to crypto hacks and scams in the first half of 2025 as reported by CertiK.

According to @EmberCN, the decentralized perpetual exchange GMX has suffered a major exploit resulting in the theft of over $42 million in crypto assets, as initially reported by blockchain security firm PeckShield. The stolen funds include over $10 million in legacy Frax dollar, $9.6 million in wrapped BTC (wBTC), and $5 million in DAI stablecoin. The report notes that $9.6 million has already been bridged to the Ethereum (ETH) network, while $32 million remains on the Arbitrum network where GMX operates. In response, GMX developers have made an on-chain offer to the hacker for a 10% white-hat bounty in exchange for the return of the funds. This incident underscores the significant security risks for traders in the DeFi space, which is a critical consideration for portfolio security.

According to @PeckShieldAlert, the decentralized perpetual exchange GMX has been exploited for over $42 million in various cryptocurrencies. The blockchain security firm reported that the stolen assets include over $10 million in legacy Frax Dollar, $9.6 million in wrapped BTC (wBTC), and $5 million in DAI stablecoin. The report indicates that $9.6 million of the stolen funds have been bridged to the Ethereum blockchain, while $32 million remains on the Arbitrum network where GMX operates. In response, GMX developers have publicly offered the attacker a 10% white-hat bounty for the return of the funds via an on-chain message. This incident adds to the significant losses from crypto hacks, which a CertiK report stated amounted to $2.5 billion in the first half of 2025. For traders, this exploit on a major Arbitrum-based DEX could impact sentiment around DeFi security, the GMX token, and the broader Arbitrum ecosystem.

According to @CryptoMichNL, Bitwise CIO Matt Hougan predicts spot Ethereum (ETH) ETF inflows will accelerate significantly in the second half of 2025. Hougan cites the compelling narrative for traditional investors, which combines stablecoins and tokenized stocks moving onto the Ethereum network, as a key driver. This institutional sentiment is reinforced by Robinhood's decision to build its 'Robinhood Chain' on Arbitrum, an Ethereum Layer-2 solution, further positioning ETH at the center of tokenized finance. The forecast follows a strong performance in June, where Ethereum ETFs reportedly attracted $1.17 billion in net inflows. From a technical perspective, after breaking out from a 16-hour consolidation, ETH is now targeting the $2,800 resistance level, with analysis indicating continued bullish momentum supported by higher lows and strong buying pressure.

According to @lookonchain, the decentralized perpetual exchange GMX has suffered a major exploit resulting in the theft of over $42 million in crypto assets, as reported by blockchain security firm PeckShield. The stolen funds include $9.6 million in wrapped BTC (wBTC), $5 million in DAI stablecoin, and over $10 million in legacy Frax dollar. The report indicates that $9.6 million of the stolen assets have already been bridged to the Ethereum blockchain, a common step before laundering through mixers like Tornado Cash, while $32 million remains on the Arbitrum network where GMX operates. In response, GMX developers have publicly offered the attacker a 10% white-hat bounty for the return of the funds via an on-chain message. This incident adds to the growing security concerns in the DeFi space, which saw $2.5 billion lost to hacks in the first half of 2025, according to a CertiK report.

According to @CryptoMichNL, Bitwise CIO Matt Hougan forecasts that spot Ethereum ETF inflows will accelerate significantly in the second half of 2025, driven by the compelling narrative of tokenized stocks and stablecoins on the Ethereum network. This institutional interest is further evidenced by Robinhood's decision to build its new chain on Arbitrum, an Ethereum Layer-2 solution. From a trading perspective, technical analysis highlights a recent price breakout for ETH after a 16-hour consolidation, with strong support forming at $2,554.06. Market participants are now closely watching the $2,800 level as the next major resistance. A breach of this level could confirm further bullish momentum, supported by fundamentals such as nearly 30% of the total ETH supply being locked in staking, which reduces circulating supply.

According to @rovercrc, Bitwise CIO Matt Hougan predicts that fund flows into spot Ethereum (ETH) ETFs will accelerate significantly in the second half of the year. Hougan suggests the narrative of stablecoins and tokenized stocks moving onto the Ethereum network is an easy-to-grasp concept for traditional investors, which will drive inflows. This view is supported by Robinhood's announcement to build its 'Robinhood Chain' on Arbitrum and the Ethereum Foundation's promotion of the network for tokenized assets. From a trading perspective, after a 6.49% surge on July 2, ETH has established support around $2,554, with market participants now watching the $2,800 level as the next key resistance zone. A breakout above this price could confirm continued bullish momentum for ETH.

According to @rovercrc, Bitwise CIO Matt Hougan forecasts that flows into spot Ethereum ETFs will accelerate significantly in the second half of 2025, driven by an easy-to-understand narrative for traditional investors involving stablecoins and tokenized stocks moving onto the Ethereum network. This institutional interest is reinforced by Robinhood's decision to build its new chain on Arbitrum, an Ethereum Layer-2 solution, and a statement from the Ethereum Foundation that "Ethereum is for tokenized stocks." From a trading perspective, ETH broke out after a 16-hour consolidation, with technical analysis highlighting strong support at $2,554.06 and the next major resistance at the $2,800 level. The bullish case is further supported by nearly 30% of ETH's supply being locked in staking, which reduces liquid supply.

According to @AltcoinGordon, Bitwise CIO Matt Hougan forecasts that spot Ethereum (ETH) ETF inflows will "accelerate significantly" in the second half of the year, building on the $1.17 billion in net inflows seen in June alone. Hougan suggests the combination of stablecoins and tokenized stocks moving to Ethereum creates an "easy-to-grasp narrative" for traditional investors, as cited in the report. This institutional focus is further highlighted by Robinhood's decision to build its "Robinhood Chain" on Arbitrum, an Ethereum Layer-2 solution. From a trading perspective, technical analysis shows ETH broke out to $2,601 on July 2 after a 16-hour consolidation period, with traders now watching the $2,800 level as the next key resistance zone.

According to @MilkRoadDaily, OpenAI has officially denied any involvement with or approval of the tokenized equity being offered to Robinhood's European users on the Arbitrum blockchain. In a public statement, OpenAI clarified that these 'OpenAI tokens' are not legitimate company equity and any transfer would be invalid without their express approval, which was not granted. This development introduces significant risk for traders, as Dragonfly General Partner Rob Hadick warned that private companies could cancel such unauthorized equity sales entirely. For the crypto market, this highlights the regulatory and legal gray areas of tokenizing pre-IPO stocks, potentially impacting investor confidence in platforms that offer these products on layer-2 solutions like Arbitrum (ARB). Traders should be aware of the high potential for these assets to be invalidated, leading to a total loss of investment.

According to @MilkRoadDaily, OpenAI has officially denied any involvement with the tokenized equity being offered to European users on Robinhood's platform. In a social media post, OpenAI clarified that these 'OpenAI tokens' are not legitimate company equity and that any transfer of its equity requires approval, which was not granted for this offering. The tokenized assets are part of Robinhood's new trading service built on the Arbitrum blockchain, an Ethereum (ETH) Layer-2 network. This situation presents a significant risk to traders, as experts like Dragonfly's Rob Hadick have warned that private companies could cancel equity sales that violate shareholder agreements, potentially leaving token holders with invalid assets.

According to @MilkRoadDaily, Ethereum (ETH) is showing strong bullish momentum, with its price surging to $2,601 on July 2 after a period of consolidation. This move is supported by significant institutional interest, highlighted by Bitwise CIO Matt Hougan's prediction that spot Ethereum ETF inflows will 'accelerate significantly in H2' due to the compelling narrative of stablecoins and tokenized stocks moving onto the network. The Etherealize group's recent report, backed by ecosystem leaders, reinforces this view, positioning ETH as 'digital oil' for a new global financial system and suggesting it is vastly underpriced. Further validating Ethereum's dominance, Robinhood confirmed it is building its 'Robinhood Chain' on Arbitrum, an Ethereum Layer-2. From a trading perspective, technical analysis from the source indicates strong support formed at $2,554, with the next key resistance level to watch at $2,800, which could unlock further gains if breached.

According to @MilkRoadDaily, OpenAI has publicly warned that the tokenized equity being offered to Robinhood users in Europe is completely unauthorized. In a social media post, OpenAI stated it has no partnership with Robinhood, was not involved in the offering, and did not approve any transfer of its equity, which is a strict requirement. This situation creates significant trading risks for investors holding these 'OpenAI tokens' on the Arbitrum blockchain, as their legitimacy and value are now in question. The controversy could also attract regulatory scrutiny to the practice of tokenizing private equity on blockchains like Arbitrum. Furthermore, Dragonfly General Partner Rob Hadick commented that private companies might react by cancelling equity sales for any shareholders found violating their agreements, adding a critical layer of risk for anyone participating in such secondary market token sales.

According to @ai_9684xtpa, digital brokerage Robinhood (HOOD) is significantly expanding its crypto footprint, but its new tokenized stock offering faces immediate controversy. The company announced it is building its own Layer-2 blockchain based on Arbitrum (ARB) technology and has launched tokenized stock trading on Arbitrum for European users, offering over 200 U.S. equities and ETFs. For U.S. investors, Robinhood introduced crypto staking for Ethereum (ETH), currently trading around $2,620, and Solana (SOL), trading near $154. However, OpenAI has publicly stated that the tokenized OpenAI equity being offered on Robinhood is 'not OpenAI equity' and is unauthorized, clarifying they have no partnership with Robinhood and did not approve any transfer. This development introduces significant risk for traders, as Dragonfly General Partner Rob Hadick warned that private companies could cancel equity sales that violate shareholder agreements, potentially invalidating the assets.

According to @rovercrc, institutional momentum is building around Ethereum (ETH), with Bitwise CIO Matt Hougan forecasting that flows into spot Ethereum ETFs will 'accelerate significantly' in the second half of the year. This prediction follows a strong June where ETH ETFs attracted $1.17 billion in net inflows, as cited in the report. The bullish sentiment is further supported by major institutional adoption, such as Robinhood building its 'Robinhood Chain' on the Ethereum Layer-2 solution Arbitrum to facilitate asset tokenization. From a technical standpoint, after surging to $2,601 on July 2, ETH has established strong support at $2,554.06. Traders are now closely watching the $2,800 level as the next key resistance zone, which, if broken, could signal continued upward momentum. Other ecosystem developments, including Ripple's launch of an XRPL EVM sidechain and Deutsche Bank's plans for a crypto custody service, are also contributing to the positive market outlook.

According to @StockMKTNewz, digital brokerage Robinhood (HOOD) is significantly expanding its crypto offerings, which could impact trading volumes for several assets. The firm has launched micro futures for Bitcoin (BTC), Solana (SOL), and XRP in the United States, allowing traders to take positions with less required capital. For European users, Robinhood has introduced tokenized stock trading on the Arbitrum (ARB) network and is rolling out perpetual futures routed through its newly acquired Bitstamp exchange. Furthermore, Robinhood is developing its own Layer-2 blockchain using Arbitrum's technology stack to support tokenized assets. The platform has also enabled staking for Ethereum (ETH) and Solana (SOL) for U.S. investors, adding utility for holders. These moves are supported by strong growth, with Robinhood's crypto notional volumes hitting $11.7 billion in May, a 65% increase year-over-year.

According to @MilkRoadDaily, digital brokerage Robinhood (HOOD) is significantly expanding its crypto offerings. The company has launched tokenized stock trading on the Arbitrum (ARB) layer-2 network for European users, providing 24/7 access to over 200 U.S. equities and ETFs. Robinhood is also developing its own layer-2 blockchain using Arbitrum's technology stack to support tokenized assets, with a potential launch later this year or early next year. For U.S. investors, the platform has introduced crypto staking for Ethereum (ETH) and Solana (SOL), allowing users to earn rewards directly in the app. Additionally, Robinhood is rolling out perpetual futures for European clients through its newly acquired Bitstamp exchange. This strategic push positions Robinhood to compete in the asset tokenization sector, which a report from Ripple and BCG projects could grow to $18.9 trillion by 2033.

According to @Pentosh1, digital brokerage Robinhood (HOOD) is significantly expanding its crypto services, which could impact the broader market and specific assets like Arbitrum (ARB), Ethereum (ETH), and Solana (SOL). The company announced it is developing its own Layer-2 blockchain using the Arbitrum tech stack to support tokenized assets, with a potential launch later this year or early next year, as per the source. For European users, Robinhood has already launched tokenized stock trading on Arbitrum and is introducing perpetual futures trading routed through its newly acquired Bitstamp exchange. In the U.S., the firm has rolled out crypto staking, beginning with Ethereum (ETH) and Solana (SOL), allowing users to earn rewards directly within the app. Robinhood CEO Vlad Tenev stated that these offerings aim to make "crypto... the backbone of the global financial system." This strategic push into asset tokenization, a market projected by a Ripple and BCG report to potentially reach $18.9 trillion by 2033, positions Robinhood to compete with major crypto exchanges. The staking news is particularly relevant for traders, as market data shows SOLUSDT up 3.81% and ETHUSDT up 2.91% in the last 24 hours.