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July 6th, 2026 – Panama City, Panama Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date. Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot. Registration for The Island opens on June 29 at 08:00 UTC, with the competition running from July 6 at 08:00…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink’s infrastructure story keeps getting broader. The CCIP v1.6 upgrade brings support for Solana and introduces architectural improvements aimed at making the protocol more flexible across different virtual machine designs. For LINK investors, this is the kind of development that matters even when the token price is quiet. Chainlink is not trying to win attention through one consumer app. It is trying to become connective tissue for tokenized assets, cross-chain applications, and institutional blockchain systems. For more details, visit the official Chain platform. TL;DR Chainlink says CCIP…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano’s governance story is moving from theory into the harder question of spending. The network’s 2026 budget process puts ADA treasury allocation, measurable ecosystem goals, and DRep validation back at the centre of the conversation. That may not be the kind of headline that creates instant price excitement, but it matters for Cardano’s long-term credibility. A treasury only becomes useful if the ecosystem can decide how to deploy it without turning every funding round into chaos. For more details, visit the official Cardano platform. TL;DR Cardano’s 2026…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Aave’s Monad market has moved quickly out of the gate. After launching on the high-performance Layer 1, the market has crossed $100 million in deposits, turning the deployment into one of the cleaner DeFi growth stories of the week. The number matters because DeFi liquidity is not always easy to move. Users can be curious about a new chain without actually depositing capital. In this case, early deposits suggest Aave’s brand, Monad’s incentive structure, and the broader search for new lending venues are working together. Loading Tweet……

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In brief Jamf Threat Labs identified a new Rust-based macOS infostealer posing as the Maccy clipboard manager. The malware validates victims’ passwords through macOS PAM before stealing them. Researchers also spotted ClickFix-style malware delivered through a sponsored advertisement on X. Mac users searching for the open-source clipboard manager Maccy are being targeted by a fake version of the app that installs a new Rust-based infostealer dubbed PamStealer, according to cybersecurity firm Jamf Threat Labs. If successful, the malware could steal users’ passwords and crypto wallet keys.In a report published on Thursday, Jamf Threat Labs said the campaign uses a lookalike…

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Crypto hack counts just set a record. The warning in TRM Labs’ latest data is where the money is actually being lost.In its H1 2026 crypto hack review, TRM Labs said attackers carried out 207 separate hacks in the first half of the year, the most the firm has recorded in any six-month period.Yet total losses fell to $972 million, less than half the $2.3 billion stolen during the first half of 2025.That split changes the security story. More protocols, tokens, and decentralized applications are being hit, but the losses that still define the year are concentrated in operational systems:…

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In brief Taiwan’s Legislative Yuan passed the Virtual Asset Service Act in its third reading on June 30, sending it to President Lai Ching-te for promulgation. All virtual asset service providers must be licensed by the Financial Supervisory Commission before operating; stablecoin issuers need the central bank’s consent and FSC approval, and must hold full reserves in trust. Operating without a license can bring up to seven years in prison and fines of up to NT$100 million (about $3.1 million), while fraud or market manipulation carries three to 10 years. Taiwan has passed one of Asia’s most comprehensive crypto laws,…

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In brief Andy Konwinski, who cofounded Databricks and Perplexity AI, argued this week that concentrating AI power is a safety risk in itself. The essay followed Open Frontier, a working meeting of roughly 100 researchers in San Francisco on June 30. Turing Award winner Yann LeCun replied directly on X, comparing today’s closed-lab AI moment to “medieval obscurantism akin to the Ottoman empire banning the use of the printing press for 200 years.” Perplexity AI and Databricks co-founder Andy Konwinski thinks the AI safety conversation has a problem: It’s being used to concentrate power, not prevent harm. Earlier this week,…

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In brief Bitcoin deposits spiked to nearly 50,000 BTC per day in the last week, CryptoQuant said. The average size of deposits doubled to approximately 2 BTC, pointing to action from institutional and whale investors. Historically, this level of deposits has preceded sharp price volatility. Bitcoin deposits to centralized exchanges—often a precursor for sales—spiked in the last week as BTC fell below $60,000, according to data gathered by blockchain analytics firm CryptoQuant. Deposits of the top crypto asset reached nearly 50,000 BTC a day, hitting that mark for only the fourth time thus far this year. In all other instances, it…

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