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A white-hat hacker has helped the creators of Hong Coin by showing them how to exploit a flawed admin function on a smart contract and ultimately refund investors after a decade.

The proposed ceasefire could stabilize regional tensions, impacting global markets and crypto investments by reducing geopolitical risk.
The post US proposes ceasefire plan to Lebanon and Israel as crypto markets watch for risk-on signals appeared first on Crypto Briefing.

A potential BOJ rate hike could stabilize the yen short-term, but risks slowing Japan's growth and impacting global financial markets.
The post Yen faces heightened intervention risk ahead of June 16 BOJ hike appeared first on Crypto Briefing.

US support for Israeli escalation may hinder peace prospects, increase regional tensions, and complicate diplomatic resolutions in the Middle East.
The post US backs Israeli military escalation against Hezbollah in Lebanon appeared first on Crypto Briefing.

Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500. Bitcoin failed to stay above $74,200 and extended losses. The price is trading below $73,800 and the 100 hourly simple moving average. There was a break below a rising channel with support at $73,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,200 and $74,500 levels. Bitcoin Price Turns Red Bitcoin price failed to stay above the $75,000 support zone. BTC remained in a bearish zone and extended losses below the $74,500 level. There was a move below the $74,000 level. The price even dipped below $73,000. A low was formed at $72,470 and the price recently a...

The DOJ’s record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC, worth about $15 billion. Record Bitcoin Case Puts Global Scam Compounds Back in Focus The U.S. Department of Justice (DOJ)’s record bitcoin forfeiture case has returned to focus […]

China's tightened oversight on outbound investments may redirect capital back to domestic markets, impacting global tech investment dynamics.
The post China’s State Council tightens oversight of outbound technology investments starting July 1 appeared first on Crypto Briefing.

Heightened regional tensions from Israel's actions in Lebanon may hinder diplomatic efforts, complicating peace prospects with Iran.
The post Israel expands military actions in Lebanon, impacting Iran peace deal prospects appeared first on Crypto Briefing.