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Immutable’s price has dropped 40% in two weeks, reaching a 2-year low. With investor sentiment at a low, the price may continue to decline unless a recovery catalyst emerges.
Saros has rallied 1,024% since March, hitting new all-time highs, but with signs of overbought conditions, investors should watch for potential price corrections.
Pi Network has suffered from a lack of trust in its project, as well as from a relative absence of big-name listings.
Sui has enjoyed considerable growth as a network in recent months, yet the market-wide downturn could mean that it underperforms for a while yet.
As Ethereum looks to integrate institutional accessibility and scalability tech, the Pectra upgrade shows a strategic pivot in the blockchain’s battle to regain market dominance.
Solana (SOL) has broken below a key support at $120. Is this the beginning of a massive sell-off?
Grayscale Investments has filed an S-1 form with the SEC to convert its Grayscale Solana Trust into an exchange-traded fund (ETF) under the new name Grayscale Solana Trust ETF.
The SEC could officially announce that it will drop its ongoing legal battle against Ripple today.
Dogecoin is at risk of a $200 million liquidation if the price slips below $0.164, but long-term holders could stabilize the market and prevent further losses.
- 15:21Trade Analyst: Trump’s Letter May Strengthen EU’s Resolve for RetaliationBlockBeats News, July 13 — Dan Mullaney, former U.S. Assistant Trade Representative for Europe and the Middle East, stated that he believes Trump’s letter to the EU was intended to push the EU toward reaching a better deal. Previously, in May, Trump had threatened to impose a 50% tariff on the EU, a move that appears to have accelerated the negotiation process. However, Mullaney noted that the letter might encourage those within the EU who are inclined toward retaliation, as they believe the U.S. is not serious about reaching an agreement. He said, “These individuals will feel that their perspective is justified.” (Jin10)
- 15:091inch team investment address sells 904,000 1INCH tokens at an average price of $0.33According to Jinse Finance, EmberCN monitoring shows that the 1inch team investment fund sold 904,000 1INCH tokens on-chain for $0.33 each, exchanging them for 298,000 USDC about 20 minutes ago. Three hours earlier, they had transferred 2 million USDC into a certain exchange. It is worth watching whether they will continue to sell the 1INCH tokens withdrawn from that exchange.
- 15:02Kinto Releases Post-Mortem Report on K Attack Incident, Plans to Migrate Contracts and Restore User AssetsForesight News reports that Kinto founder Ramon Recuero has released a detailed post-mortem report regarding the K token hack. The attack originated from a hidden backdoor vulnerability in the ERC-1967 Proxy standard, which allowed the attacker to bypass block explorer detection, upgrade the K proxy contract on Arbitrum, and mint unlimited tokens. The attacker then extracted approximately $1.55 million in liquidity from Uniswap V4 and Morpho Blue. Kinto stated that the vulnerability exists in the widely used OpenZeppelin Proxy template and was not code written by the Kinto team. The Kinto L2 network, wallet SDK, and abstraction infrastructure were not affected, and users’ other assets on Kinto were not impacted. The project team will implement the following remediation measures: Deploy a new K contract: Launch a reinforced new contract on Arbitrum; Asset recovery: Take a snapshot of on-chain and certain exchange addresses at the pre-attack block (356170028) to restore all token balances; Liquidity restart: Conduct a small-scale fundraising round to inject new liquidity into the Uniswap pool and restore exchange trading at pre-attack prices; Morpho compensation plan: Grant borrowers a 90-day repayment period, with the team covering the remaining shortfall; Speculator compensation mechanism: Provide a proportional distribution window of new K tokens as compensation to users who purchased after the attack but before the announcement. Currently, Kinto has frozen trading on the affected exchange and closed the remaining liquidity, while collaborating with security teams such as ZeroShadow and Venn to track the attacker. The project team is calling on the community to support the rebuilding plan and raise funds to restore the market and compensate victims.