Michael Saylor has signaled a potential Bitcoin purchase by Strategy, which would be the firm's first acquisition in roughly two months. The hint comes as Bitcoin rebounded from Friday's lows and approached $79,000.
Bitcoin dominance climbed above 60% alongside the recovery, while Strategy's market valuation expanded as the price moved higher. Saylor has previously used similar public signals ahead of confirmed purchases disclosed in regulatory filings.
A recent on-chain governance vote on the Solana network has resulted in a 25% increase in transaction speed, marking a notable improvement in network efficiency.
The upgrade was passed through Solana's on-chain governance process, reflecting the network's ability to implement protocol-level changes through community consensus.
Faster transaction throughput strengthens Solana's position as one of the higher-performance blockchain networks, a key factor in its appeal to developers and decentralized application users.
🔐 The Sandbox Exploit Mints 329T Phantom SAND, $675K Drained
A bridge configuration flaw on Base and BNB Smart Chain allowed attackers to hijack LayerZero delegate permissions, minting 329 trillion unbacked SAND tokens within a five-hour window.
Exploiters used the phantom tokens to drain approximately $675,000 from The Sandbox's Ethereum vault before the team shut down the affected systems. The tokens carried a nominal face value of $49 billion, though no liquidity existed to support that figure.
The Sandbox has since halted the compromised bridge infrastructure. The incident highlights ongoing risks in cross-chain bridge configurations, particularly around delegate permission controls in LayerZero-based deployments.
🧩 Uniswap hits ATH on Robinhood Chain with $130M daily volume
Uniswap deployed on Robinhood Chain has reached an all-time high in stock-token trading volume, processing roughly $130 million in daily transactions — nearly ten times the level recorded a month ago.
The surge reflects growing on-chain activity tied to tokenized traditional financial assets on Robinhood's chain infrastructure, marking a notable acceleration in the intersection of DeFi liquidity and equity-linked tokens.
🌐 LayerZero to Launch Blockchain-Based Exchange This Fall
LayerZero has announced plans to launch a blockchain-based exchange this fall, marking a significant expansion beyond its core interoperability infrastructure.
No further details on the exchange's structure, supported assets, or underlying chain were disclosed in the announcement.
LayerZero is best known as a cross-chain messaging protocol widely used across DeFi applications. The move into exchange infrastructure signals a broader ambition within its ecosystem.
🟠 Bitcoin rebounds to $80K in its strongest rally in three years
Bitcoin returned to $80,000 this week, posting its strongest rally in over three years, though traders were unable to sustain momentum above $82,000.
Federal Reserve Chair Kevin Warsh applied pressure on risk assets with hawkish commentary, weighing on broader crypto markets. Meanwhile, a Solana ETF crossed $1 billion in assets, marking a significant milestone for altcoin-based exchange-traded products in the U.S.
The week's moves came against a backdrop of ongoing macro uncertainty, with Fed policy remaining a key variable for crypto price action heading into the next quarter.
📈 BlackRock's IBIT Captures 115% of Bitcoin ETF Inflows in One Day
BlackRock's spot Bitcoin ETF (IBIT) dominated U.S. ETF flows, pulling in more than the entire market's net gain as competing funds collectively bled capital.
The U.S. spot Bitcoin ETF market posted a net inflow of $242.3 million for the day. IBIT's intake exceeded that figure — meaning outflows from rival funds offset their gains, leaving only BlackRock's product driving the positive total. Five smaller funds recorded positive flows but were unable to keep the non-IBIT segment above zero in aggregate.
The result underscores IBIT's growing dominance in the spot Bitcoin ETF space, with competing products struggling to retain capital even during days when the broader market sees net inflows.