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BonkDAO treasury drained of $20M in $BONK tokens via malicious governance proposal


💛 @Cryptocurrency_Inside

💎💎💎💎💎

SpaceX $SPCX joins the Nasdaq-100 this morning.

That gives Elon Musk two companies in the index holding a combined 30,221 $BTC.


💛 @Cryptocurrency_Inside

📊 ETF Flows
06 Jul 2026

🟢 #BTC ETFs : $254.7M
🟢 #ETH ETFs : $20.7M
🟢 #SOL ETFs : $8.4M
🟢 #XRP ETFs : $0K
🟢 #HYPE ETFs : $8.4M

Total:

$292.2M net inflows

💛 @conspiracyTG 🜂

CryptoQuant's CEO couldn't resist trolling Michael Saylor after Strategy's recent Bitcoin sale:

"Now sell the Bitcoin and buy your kidney back."

The joke references Saylor's famous advice that investors should "sell a kidney if you have to, but keep holding Bitcoin."


💛 @Cryptocurrency_Inside

🧠

BONK DAO lost $20M without a hack.

An attacker spent ~$4M on BONK tokens, then passed a fake governance proposal to transfer 4.4 trillion tokens ($20M) to their wallet.

The proposal went unnoticed for 7 days before the attacker used their voting power to approve it.

The DAO automatically executed the transfer. The attacker sold the tokens, turning $4M into $20M.

This was not a smart contract exploit, but a governance attack using purchased voting power.

BONK DAO has notified law enforcement and is working to recover the funds.

💛 @Cryptocurrency_Inside

🙏💯💯💯💯💯

xAI is rebranding as SpaceXAI, integrating Elon Musk's AI development into SpaceX's space ambitions.

Unveiled with updated X branding, the vision merges AI, space infrastructure, and future computing into a single ecosystem, making AI core to SpaceX rather than a standalone entity.


💛 @Cryptocurrency_Inside

🔥🔥🔥🔥🔥🔥

🇬🇧 Coinbase secures UK MiFID license, unlocking plans to offer derivatives and equities alongside crypto for UK users.


💛 @Cryptocurrency_Inside

🚀🚀🚀🚀🚀
🚀🚀🚀🚀🚀🚀

BTC : $63,170
ETH : $1,624.95
BNB : $577.76
SOL : $77.97

Market Cap

Total : $2.24T
DeFi : $72.7B
24hr Vol : $83.5B

Sentiment

FGI : Fear (28)
Open Interest : $110.10B
24h Liquidation : $161.6

The market is showing signs of recovery, but sentiment remains cautious as fear still lingers and leverage stays elevated across crypto.


💛 @Cryptocurrency_Inside

💛 @Cryptocurrency_Inside

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Tether’s former CIO Richard Heathcote is seeking buyers for part of his 1.26% stake, with PJT Partners handling the sale


💛 @Cryptocurrency_Inside

🧠

For the first time in 9 months, $SOL has printed a green monthly candle.

SOL is up +38% from its $60 low, adding $14 billion in market cap.


💛 @Cryptocurrency_Inside

🔥 @Bitcoin_Insights

📊 ETF Flows
07 Jul 2026

#BTC ETFs : $21.5M
#ETH ETFs : $26.9M
#SOL ETFs : $1.7M
#XRP ETFs : $0K
#HYPE ETFs : $4.3M


Total:

$54.4M net inflows

💛 @Cryptocurrency_Inside

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Charles Hoskinson says EUTXO is the biggest innovation in smart contracts and argues Ethereum is now trying to copy it.


💛 @Cryptocurrency_Inside