Daily digests
Crypto News Digest: July 11, 2026
The stories that moved crypto on July 11, 2026.
18 stories
All crypto news
Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
A $9.05 million oracle exploit is currently affecting Bonzo Lend, a lending protocol on the Hedera network, resulting in a 77% loss of value locked. The attack targeted a verification flaw in a third-party Supra oracle contract, compromising the protocol's security.
Hedera lending protocol Bonzo Lend hit for $9 million after Supra verifier accepts manipulated price update
Hedera lending protocol Bonzo Lend is hit for $9 million after Supra verifier accepts manipulated price update, compromising the platform's security.
What Is Robinhood Chain? The Ethereum Layer-2 Network for Tokenized Stocks
Robinhood Chain is being developed as an Ethereum layer-2 network utilizing Arbitrum technology, enabling the creation of tokenized assets, crypto applications, and on-chain financial products. This network aims to provide faster and more cost-effective transactions for users, leveraging Arbitrum's scalability and security features to enhance the overall user experience and adoption of tokenized assets.
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
Crypto IPO market activity stalls as capital rotates to AI and macro uncertainty weighs heavily. Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Christian Lopez of Cohen & Company Capital Markets. This shift in investor sentiment has significant implications for the industry's growth prospects, potentially slowing adoption and innovation in the space.
The UK has finally shown it’s serious about crypto
The UK is taking a significant step towards embracing crypto, with several recent regulatory moves indicating a shift in its stance. Wirex CEO Chet Shah argues the UK is finally showing seriousness about crypto, with regulatory steps being taken to catch up with other nations. This development could boost investor confidence and drive adoption in the UK market.
Bitcoin, ether ETFs snap eight-week outflow streaks with $282 million combined inflow
Bitcoin and ether ETFs experience a combined $282 million inflow, snapping an eight-week outflow streak. This week's rebound recovers only about 3% of the preceding eight weeks' $9.46 billion outflows. The modest inflow suggests investors are cautiously returning to the market, but the recovery remains a drop in the bucket compared to the massive outflows.
AI found an Ethereum bug that could take validators offline, but humans had to prove it
Ethereum Foundation engineers are currently testing AI-powered vulnerability detection on their software, with AI agents identifying a remotely triggerable crash that could take validators offline. However, human review is required to verify the findings, as AI also generated a pile of confident, well-written findings that were actually false positives, highlighting the need for human oversight in AI-driven security analysis.
Bitcoin treasury company Empery Digital sold about half of its BTC stack
Empery Digital, a bitcoin treasury company, is selling about half of its BTC stack, a significant move indicating a shift in focus. The company is abandoning its bitcoin treasury ambitions and instead investing in AI data centers. This decision marks a departure from the industry's traditional focus on cryptocurrency and highlights growing interest in emerging technologies.
Ethereum climbs 3% on tokenization boom: Can bulls push ETH price past $1,800?
Ethereum is climbing 3% on the tokenization boom, with institutions accumulating the asset, but weak onchain and derivatives data leave it vulnerable to a $1,700 retest, potentially halting the upward momentum. The tokenization gains are significant, but the lack of strong onchain activity and derivatives data suggests bulls may face resistance in pushing ETH price past $1,800.
Nano Banana 2 Lite vs. Nano Banana 2: When to Save Your Money and When to Upgrade
Google's Nano Banana 2 Lite image model is a capable tool, offering fast performance and a low price, but it falls short when demanding tasks are required.
Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
Jamie Coutts, Real Vision chief crypto analyst, believes Bitcoin is nearing the late stages of its bear market, suggesting a potential upswing in the near future.
Bonzo Lend loses $9M in oracle exploit on Hedera
Bonzo Lend is currently experiencing a significant loss of $9 million due to a critical oracle exploit on Hedera. An attacker manipulated the value of SAUCE collateral, utilizing a flaw in Supra's on-chain oracle verifier to borrow the funds. This incident highlights the vulnerability of DeFi protocols to sophisticated attacks, underscoring the need for robust security measures in the industry.
Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market
Bitcoin price gains nearly 10% in July, with a notable increase in the first two weeks of the month, however, traders remain cautious, warning that the cryptocurrency might follow the 2022 bear market pattern, with potential declines looming from August onward, affecting market sentiment and investor confidence, potentially leading to a volatile Q3.
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
The IMF working paper reveals that dollar stablecoins can enhance access to foreign currency, potentially benefiting emerging markets, with 34% of countries experiencing exchange-rate stress in 2022. However, this increased access may also facilitate coordinated exits from local currencies during periods of severe exchange-rate stress, amplifying currency runs and exacerbating economic instability.
Robinhood says its AI agent feature will ‘soon’ be assisting crypto traders
Robinhood is launching an AI agent feature for crypto traders, building on its successful equities and options beta version launched in late May, which has already seen over 70,000 agentic accounts created, demonstrating strong adoption and potential for seamless trading experiences, as the platform continues to expand its offerings and cater to the growing demand for AI-powered trading tools in…
DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
The US Department of Justice is reportedly moving to dismiss charges against Matthew Goettsche, accused of orchestrating a $722M BitClub cryptocurrency fraud scheme, who was set to face trial in October for conspiracy to commit wire fraud and selling unregistered securities, potentially allowing him to avoid accountability for the alleged massive scam targeting thousands of investors worldwide.
Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no
Bitcoin analysts forecast a price surge to $300,000 or $500,000 by 2029, driven by increasing adoption and network effects. However, historical data and supply-demand analysis indicate a more modest price trajectory, contradicting the analysts' predictions. This discrepancy suggests a shift away from the era of moonshots, implying a more gradual price appreciation in the future.
Housing bill that includes a CBDC ban passed into law without Trump’s signature
The 21st Century ROAD to Housing Act has been passed into law, despite not receiving a signature from President Trump. This legislation includes a provision that prohibits the Federal Reserve from issuing a central bank digital currency, or CBDC.