Month: January 2026

Makina Finance Loses $4.13M in Flash Loan Exploit On Curve Pool

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The attacker used a 280 million USDC flash loan and oracle manipulation to extract nearly $5 million in value. Makina Finance suffered a flash loan exploit on January 20, resulting in a loss of $4.1 million. The attacker leveraged MEV bots to front-run transactions, which allowed them to drain 1,299 ETH from the protocol. Details of the Breach Blockchain security firm PeckShieldAlert reported on X that Makina Finance was exploited for about 1,299 ETH, worth around $4.13 million. On-chain data shows the attacker targeted the Dialectic USD/USDC Stableswap pool…

Hong Kong Group Warns SFC ‘Hard Start’ Could Disrupt Crypto Firms

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The Hong Kong Securities & Futures Professionals Association (HKSFPA) warned that the city’s proposed rollout of new crypto licensing regimes could unintentionally force compliant crypto managers to cease activities if regulators proceed without transitional arrangements.  The warning centers on what the group described as a potential “hard start,” under which existing firms would be required to be fully licensed by the commencement date of the new rules or cease regulated activities while their applications are under review.  Hong Kong’s Securities and Futures Commission and the Financial Services and the Treasury…

Bitcoin’s “Failed” Breakout Sees $58,000 Target Return

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Bitcoin (BTC) slid to eight-day lows on Tuesday as macro headwinds gave bulls new headaches. Key points: Bitcoin toyed with the 2025 and 2026 yearly opens after a “failed” breakout from its multimonth range. Current BTC price weakness is not a result of the macro environment, according to analysis. Targets for Bitcoin include a drop to 15-month lows. Bitcoin “breakout failed” as $90,000 looms Data from TradingView showed BTC price action retargeting $90,000 prior to the week’s first Wall Street trading session. BTC/USD one-hour chart. Source: Cointelegraph/TradingView This was tipped…

Bitcoin Stumbles, Gold Shines as Trump Agrees to Davos Meeting

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BTC dipped to a weekly low, gold is on a roll again. The geopolitical tension regarding Greenland continues to unfold daily, with the latest development shaping up a high-level meeting among several leaders in Davos, Switzerland. As it has happened on Monday morning, BTC has headed south, dropping to another weekly low. At the same time, gold has reached a fresh all-time high above $4,700/oz. Following the developments from the weekend, in which Trump announced a new set of 10% tariffs against eight EU nations that sent troops to…

Bitcoin Holders See First 30-Day Realized Losses Since Late 2023

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Bitcoin holders have realized net losses over 30 days, marking the first such stretch since late 2023, after more than two years dominated by realized profits. According to data shared by Julio Moreno, head of research at CryptoQuant, the Bitcoin (BTC) rolling 30-day realized profit and loss metric has dipped below zero, indicating that coins moved onchain during the past month were sold at below their purchase cost. “Bitcoin holders realizing losses, for a 30-day period since, late December for the first time since October 2023,” Moreno wrote on X.…

A Dormant BTC Wallet Just Moved After 13 Years

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A dormant Satoshi-era Bitcoin wallet came back to life after 13 years, transferring its entire 909.38 BTC balance, worth about $84.6 million at current prices, into a fresh BTC address.  Onchain data from blockchain analytics firm Arkham Intelligence shows that the address first received Bitcoin (BTC) in 2013, when one coin was trading at less than $7.  By comparison, if, instead of buying 909.38 BTC, worth about $6,400 in 2013, the same amount had gone into a low‑cost S&P 500 index fund, it would be worth $37,000 today, after a…

Ethereum Staking Surges to All-Time High Amid Institutional Wave

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The amount of Ether locked up and staked on the Beacon Chain has reached record levels, with more waiting to be staked.  “ETH supply is getting intentionally harder to access,” commented macroeconomics outlet Milk Road on Monday. “Staking just hit an all-time high, with millions of ETH now queued to be locked,” they said before adding, “that is being taken off exchanges and removed from active circulation.” “This is a long-term positive signal for price appreciation.” The comments came in response to a Token Terminal post reporting that the…

Institutions Add $53 Billion In Bitcoin As Retail Stays Fearful

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Bitcoin accumulation by wallets holding between 100 and 1,000 BTC could signal that there is continued interest in Bitcoin from institutional investors in the US. “Institutional demand for Bitcoin remains strong,” said CryptoQuant founder Ki Young Ju on Tuesday, adding that 577,000 Bitcoin (BTC) has been added to this wallet cohort (which includes exchange-traded funds) over the past year, “and it’s still flowing in.” “Excluding exchanges and miners, this gives a rough read on institutional demand.”  Large BTC wallets continue accumulating. Source: CryptoQuant The increase is around 33% over the…

Pendle Introduces New Governance Token To Spur Broader Adoption

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Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption.  In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol.  “We’re excited to introduce sPENDLE, the next evolution of Pendle tokenomics. This upgrade is designed to address critical limitations of the vePENDLE system, while unlocking new opportunities for PENDLE holders and the protocol,” Pendle said. …

Solana (SOL) Loses Its Footing, Setting the Stage for Another Dive

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Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130. SOL price started a fresh decline below $138 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $132 or $130. Solana Price Dips…