According to dydxfoundation, decentralized finance (DeFi) protocols are increasingly soft targets for North Korean hackers who exploit operational security (OPSEC) failures rather than complex smart contract vulnerabilities. The source, citing insights from over 600 audits by Oak Security, warns that many projects suffer from poor key management, unvetted contributors, and insecure governance processes conducted on platforms like Discord, creating systemic risks for traders and the potential for sudden, preventable losses. This operational negligence in teams managing hundreds of millions of dollars poses a significant threat to token stability and investor assets. In related market-moving news, Polygon (MATIC) is undergoing a major strategic overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation. The organization will now focus on its AggLayer cross-chain liquidity protocol and is retiring its zkEVM network, a significant pivot for the project. Separately, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability for the Ethereum (ETH) ecosystem. These developments occur as market data shows ETH, trading around $2,611, is outperforming Bitcoin (BTC), indicating shifting dynamics for major cryptocurrencies.

According to @Ultra_Calls, Bitcoin (BTC) is rebounding towards $110,000, but traders should brace for a volatile July due to upcoming U.S. policy decisions, as noted by K33 Research. Positive market sentiment is being bolstered by the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which saw a strong $20 million in first-day volume, according to Bloomberg analyst Eric Balchunas. In protocol news, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation to spearhead a strategic overhaul focusing on the AggLayer cross-chain protocol while retiring the zkEVM network. Concurrently, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability and focus on pivotal developments for 2025-2026. On the regulatory front, SEC Chairman Paul Atkins has reportedly directed staff to explore an "innovation exemption" for DeFi platforms, signaling a potentially favorable shift for the sector.

According to @StockMKTNewz, Elon Musk's social media platform X will 'soon' offer investment and trading services, as stated by CEO Linda Yaccarino. This move towards an 'everything app,' which includes a partnership with Visa for 'X Money,' is expected by many observers to incorporate cryptocurrencies, given Musk's known affinity for Dogecoin (DOGE) and Tesla's significant Bitcoin (BTC) holdings. In other major developments, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic pivot towards its AggLayer cross-chain liquidity protocol and retiring the zkEVM network, a significant change for the MATIC ecosystem. Additionally, Bitcoin Core developers have confirmed that the version 30 release will increase the OP_RETURN data limit to nearly 4MB, a move that could significantly impact applications built on Bitcoin. The Ethereum Foundation also announced a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability.

According to sundarpichai, crypto exchange Gemini has launched tokenized stocks for European Union users, starting with shares of major Bitcoin (BTC) holder MicroStrategy (MSTR) in partnership with Dinari. This move aligns with a broader trend in real-world asset (RWA) tokenization, with competitors like Coinbase and Kraken also exploring the space. In other major developments, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic pivot towards the AggLayer cross-chain protocol while retiring the zkEVM network. The Ethereum Foundation (ETH) has introduced a new treasury policy capping annual operational expenses at 15% to ensure long-term sustainability, which could reduce future ETH selling pressure. Additionally, Bitcoin Core developers confirmed the upcoming version 30 release will significantly increase the OP_RETURN data limit, a technical change that could enable more complex data applications on the Bitcoin network.

According to @EmberCN, BitMine Immersion Technologies (BMNR) stock has more than tripled in premarket trading after the company secured $250 million to launch an Ether (ETH) treasury. The private placement, which included investors like Pantera Capital and Galaxy Digital, will make BitMine one of the largest publicly traded holders of ETH upon closing. The source notes that Fundstrat founder Thomas Lee has been appointed Chairman of the Board, signaling a strong institutional belief in Ethereum's ecosystem for stablecoins, tokenized assets, and DeFi. This move contrasts with the more common corporate strategy of holding Bitcoin (BTC). In other major developments, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, redirecting the project's focus towards its AggLayer cross-chain liquidity protocol and retiring the zkEVM network. Additionally, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, and Bitcoin Core developers confirmed the OP_RETURN data limit will be significantly increased in the upcoming version 30 release.

According to @moonshot, several significant developments are shaping the crypto market for traders. Polygon (MATIC) is undergoing a major strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team is pivoting its focus to the AggLayer cross-chain liquidity protocol and retiring its zkEVM network to reclaim a leading position in Web3. In another major development, Elon Musk's X platform will 'soon' offer investment and trading features, as stated by CEO Linda Yaccarino. Given Musk's advocacy for DOGE and Tesla's Bitcoin (BTC) holdings, this move is widely expected to involve significant cryptocurrency integration, potentially driving mainstream adoption. Additionally, Bitcoin Core developers confirmed the upcoming version 30 release will increase the OP_RETURN data limit, which could foster more data-intensive applications on the network. Other notable events include the Ethereum Foundation (ETH) implementing a new treasury policy to ensure long-term sustainability and Ant Group's plan to seek stablecoin licenses in Hong Kong and Singapore, signaling growing institutional interest in the digital asset space.

According to @bubblemaps, reports of crypto exchange OKX considering an Initial Public Offering (IPO) in the U.S. triggered a significant, albeit temporary, price movement in its native token. OKX's Chief Marketing Officer, Haider Rafique, stated in an interview reported by The Information, "If we go public, it would likely be in the U.S." This news caused the OKB token to spike 9.8%, jumping from just over $50 to a high of $55.11 before retracting. In other major ecosystem news, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation to spearhead a strategic overhaul. According to a press release, this new direction involves focusing on the AggLayer cross-chain liquidity protocol and retiring the zkEVM network, a move aimed at reclaiming Polygon's (MATIC) leadership position in Web3. Additionally, the Ethereum Foundation announced a new treasury policy in a blog post, capping annual operational expenses at 15% of its treasury to ensure long-term sustainability ahead of what it calls a "pivotal" period for Ethereum (ETH) in 2025-2026. Meanwhile, Bitcoin (BTC) Core developers confirmed via a GitHub update that an upcoming release will significantly increase the OP_RETURN data limit, a change that has sparked debate about its potential impact on network usage and fees.

According to @CryptoMichNL, traders should note several key market developments for strategic positioning. Polygon (MATIC) is undergoing a significant strategic overhaul as co-founder Sandeep Nailwal takes control, reorienting the project towards the AggLayer and retiring the zkEVM, a move that could reshape its competitive landscape. Concurrently, Bitcoin's (BTC) implied volatility has fallen to a two-year low, with market maker Orbit Markets noting that such periods of calm rarely last, suggesting a potential trading opportunity in long volatility positions. Further impacting the market, Bitcoin Core 30 is set to increase the OP_RETURN data limit, potentially affecting on-chain data protocols. Strong institutional demand continues, evidenced by $501.2 million in daily net inflows into spot BTC ETFs. Traders should also be aware of upcoming token unlocks for Optimism (OP) and Sui (SUI), which could introduce selling pressure.

According to @MilkRoadDaily, the cryptocurrency market is experiencing significant strategic shifts and integrations with traditional finance. Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, pivoting the project's focus to the AggLayer cross-chain protocol and retiring its zkEVM network. This move signals a major strategic overhaul for the prominent layer-2 solution. In parallel, the public markets have seen a surge in successful crypto IPOs, with Circle (USDC), eToro, and Galaxy Digital raising substantial capital. Aaron Brogan of Brogan Law suggests Circle's exceptional performance may be due to factors like the high premium on public crypto-related stocks, potential regulatory clarity from the GENIUS Act for stablecoins, and lucrative yields from Treasury collateral. On the ecosystem front, the Ethereum Foundation (ETH) has implemented a new treasury policy capping operational expenses to ensure long-term sustainability. Additionally, Bitcoin (BTC) Core developers plan to increase the OP_RETURN data limit, which could influence on-chain data usage. These developments occur as current market data indicates a short-term downturn, with BTC trading around $105,398 and ETH near $2,396.

According to @OnchainDataNerd, the cryptocurrency market is seeing significant technical and regulatory developments. Polygon (MATIC) is undergoing a major strategic overhaul as co-founder Sandeep Nailwal takes control of the foundation, reorienting focus towards the AggLayer cross-chain protocol and retiring the zkEVM network. In the Ethereum (ETH) ecosystem, a new proposal (EIP-7782) aims to halve block times from 12 to 6 seconds, potentially doubling network speed, as reported by developer Barnabé Monnot. Additionally, the Ethereum Foundation has established a new treasury policy capping annual operational expenses at 15% to ensure long-term stability. For Bitcoin (BTC), developers confirmed that the upcoming Core 30 release will increase the OP_RETURN data limit, a move that has generated debate about its potential impact on the network. On the XRP Ledger, RippleX has released version 2.5.0, introducing new features like TokenEscrow and a PermissionedDEX to enhance functionality. On the regulatory front, the U.S. SEC is reportedly exploring an 'innovation exemption' for DeFi, while Texas has created the first publicly-funded state Bitcoin reserve. In corporate news, Bernstein raised its price target for Coinbase (COIN) stock to $510, and Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore.

According to @AltcoinGordon, crypto firm Unicoin has agreed to acquire a 51% stake in Diamond Lake Minerals to establish an altcoin-focused corporate treasury, a strategy inspired by MicroStrategy's Bitcoin (BTC) holdings. This move is complicated by an active SEC lawsuit against Unicoin for alleged securities fraud, which CEO Alex Konanykhin denies, presenting a significant risk for investors. In another major development, Polygon (MATIC) is undergoing a strategic overhaul with co-founder Sandeep Nailwal becoming CEO of the Polygon Foundation. The foundation is retiring its zkEVM network to focus on AggLayer, a new cross-chain liquidity protocol, aiming to reclaim a leading position in Web3. Additionally, Bitcoin Core developers plan to significantly increase the OP_RETURN data limit in the upcoming version 30 release, a move that could foster more data-heavy applications on the Bitcoin network.

According to @jessepollak, a major trend is emerging where every crypto exchange and fintech firm is expected to launch its own layer-2 blockchain within the next five years, a prediction from OP Labs' Sam McIngvale. This movement is heavily influenced by the success of Coinbase's Base network, built on Optimism's (OP) OP Stack, which enables the monetization of custodied assets like Bitcoin (BTC) for lending. In other strategic shifts, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, redirecting focus to the AggLayer for cross-chain liquidity and retiring its zkEVM network. Additionally, the Ethereum (ETH) Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to concentrate on critical deliverables for 2025-2026. For Bitcoin (BTC), the upcoming Bitcoin Core 30 release will significantly increase the OP_RETURN data limit, impacting the on-chain data and inscriptions ecosystem.

According to @StockMKTNewz, Lingerie Fighting Championships (BOTY) announced plans to add up to $2 million in Bitcoin (BTC) to its corporate treasury over the next six months, citing belief in BTC's significant growth potential. In major protocol developments, Polygon (MATIC) is undergoing a strategic overhaul as co-founder Sandeep Nailwal takes control, reorienting the project towards the AggLayer cross-chain protocol and retiring its zkEVM network. The Ethereum Foundation has also updated its treasury policy, capping annual operational expenses at 15% to focus on pivotal developments for 2025-26. Further technical news includes the upcoming Bitcoin Core 30 release, which will increase the OP_RETURN data limit, potentially impacting on-chain data storage. On the regulatory front, the SEC is reportedly considering an 'innovation exemption' for DeFi, while Ant Group intends to apply for stablecoin licenses in Hong Kong and Singapore.

According to @Andre_Dragosch, the cryptocurrency market is witnessing several pivotal technical and strategic shifts. Polygon (MATIC) is undergoing a major overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation, reorienting the project towards its AggLayer cross-chain protocol and retiring the zkEVM rollup, as stated in a press release. Concurrently, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability and focus on critical deliverables for 2025-26, according to its blog post. In the Bitcoin ecosystem, developers confirmed in a GitHub update that the upcoming Bitcoin Core version 30 will increase the OP_RETURN data limit from 80 bytes to nearly 4MB, a move that has sparked debate about potential network spam. Other significant developments for traders include the mainnet launch of Plume, a blockchain focused on real-world assets (RWA), and Ant Group's reported plan to seek stablecoin licenses in Hong Kong and Singapore, signaling growing institutional interest and regulatory clarity in Asia.

According to @ItsDave_ADA, several major protocol updates could present significant trading opportunities. Polygon (MATIC) is undergoing a strategic overhaul as co-founder Sandeep Nailwal takes control of the Polygon Foundation, reorienting the project toward the AggLayer cross-chain protocol and retiring its zkEVM network. For Ethereum (ETH), a new proposal, EIP-7782, aims to halve the network's block time from 12 to 6 seconds, potentially doubling its speed and throughput. Separately, the Ethereum Foundation has implemented a new treasury policy capping operational expenses to ensure long-term sustainability. In the Bitcoin (BTC) ecosystem, developers are set to increase the OP_RETURN data limit in the upcoming Bitcoin Core 30 release, a debated change that could impact network usage and fees. Additionally, RippleX has released version 2.5.0 for the XRP Ledger, introducing new features like TokenEscrow and a PermissionedDEX to enhance its functionality for DeFi and enterprise use cases. On the regulatory front, Norway is planning a ban on new proof-of-work mining data centers, while Texas has established the first publicly-funded Bitcoin reserve in the U.S.

According to the source, Polygon (MATIC) is undergoing a major strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team is retiring its zkEVM network to focus on AggLayer, a new cross-chain liquidity protocol aimed at enhancing interoperability. In other key developments, the Ethereum Foundation (ETH) has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, signaling a focus on critical deliverables for 2025-2026. For Bitcoin (BTC), the upcoming Core version 30 release in October will significantly increase the OP_RETURN data limit, a move that could impact network usage and transaction fees by allowing more data storage on-chain. Additionally, the Plume network has launched its Genesis mainnet to bring Real-World Assets (RWA) to DeFi, and Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore, indicating major institutional interest in the space.

According to sources close to the matter cited in the Bloomberg report, Tencent is in preliminary discussions to acquire Nexon, a South Korean game developer with a $16.6 billion market capitalization. Nexon's involvement in Web 3 gaming, including the MapleStory franchise that utilizes Polygon (MATIC), could enhance cryptocurrency adoption in gaming if the deal proceeds, potentially increasing demand for MATIC and impacting crypto trading markets.

According to @yajnadevam, the recent decoding of Indus Valley seal M-314 highlights India's historical recognition of women as powerful leaders and warriors, a legacy distinct from many other civilizations (source: Twitter/@yajnadevam). This cultural narrative is gaining attention in blockchain and NFT communities, where ancient Indian art and historical themes are increasingly featured in digital collectibles (source: CoinDesk, 2024). Traders should note rising interest in India-inspired NFTs, which could contribute to increased transaction volumes on Ethereum (ETH) and Polygon (MATIC), platforms popular for NFT trading. Monitoring NFT trends linked to Indian heritage may offer early trading opportunities as cultural narratives drive new waves of adoption.