BounceBit Chain to Sunset as $286.5M Exploit Forces Reissue

BounceBit has announced it will permanently shut down its L1 blockchain following an exploit that led to the unauthorized transfer of approximately 286.5 million BB tokens. This action, revealed by CryptoTwitter commentator @WuBlockchain, raises significant concerns for the project’s future and its users. The exploit was initiated due to a protocol-level authorization flaw, prompting the […]

Bitcoin Miners Spend $30.7B on AI Pivot, Capex Runs 15X Above New Revenue

Key Takeaways: The total amount of capital assets owned by a 15-company cohort during their last 2026 periods was USD 30.7 billion.  The net revenue from AI & HPC resulting from 9 comparable Bitcoin miners has been $341.2 million after spending $5.11 billion. AI and HPC revenue rose 52% Q over Q, but is still […]

Kalshi Government Shutdown Odds in October Slashed

Kalshi prices a one-in-six chance of an October 2026 shutdown, offering crypto traders a dated gauge of Washington macro risk. The post Kalshi Government Shutdown Odds in October Slashed appeared first on Cryptonews.

Bybit Encourages BTC Holders to Capitalize on Market Momentum

Bybit’s recent tweet emphasized the growing optimism surrounding Bitcoin, suggesting that holders can now earn a 10% APR while the market shows signs of recovery. The tweet reflects a broader sentiment shift among traders, as many believe the charts are aligning favorably for Bitcoin. Such developments highlight the increasing institutional interest and potential bullish momentum […]