
Citadel Securities Takes a $400M Stake in Crypto.com at $20B
Citadel Securities is investing $400 million in Crypto.com at a $20 billion valuation, the exchange's first institutional funding round in about a decade.
Altcoins, ETH & general crypto

Citadel Securities is investing $400 million in Crypto.com at a $20 billion valuation, the exchange's first institutional funding round in about a decade.

Bitcoin touched $65,200 and settled at $63,669.13, up 3%, as $357M of liquidations landed 81% on shorts โ a reversal after weeks of long-side flushes.

An attacker who controlled Ostium's price-oracle key traded against fake bitcoin prices and drained the protocol's liquidity vault. The contracts never broke.

Japan's upper house cleared the bill on 15 July, moving crypto from the Payment Services Act to the FIEA, with a flat 20% tax from January 2028.

June CPI came in below forecast on every line, with core flat on the month. Bitcoin ran from about $62,600 to above $64,500 as July hike odds fell to 12%.

A routine config update collided with the name of Coinbase's ingress gateway on July 14, degrading withdrawals, card payments and swaps for about 50 minutes.

Strategy has not bought bitcoin since June 22 and has raised its dollar reserve to about $3 billion, roughly 20 months of preferred dividends and debt interest.

Hyundai moved $20,000 between its US and Mexican units as USDT on Avalanche in about seven minutes, against three to four hours by the conventional route.

BlackRock's tokenized fund BUIDL went from about $464 million to over $900 million on Avalanche in seven days, close to a third of its $2.87 billion total.

Stablecoin supply stood at $312.23 billion in mid-July, roughly $10 billion under its May peak, with USDT and USDC both smaller than they were this spring.

Spot bitcoin and ether funds took in a combined $281.8M in the week to July 10, the first positive week after $9.46B of withdrawals.

An attacker deposited 250 SAUCE tokens, inflated their reported price through a flawed Supra oracle contract, and borrowed $9.05M against them.