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📊 Crypto Drops $24B as Bitcoin Slides Below $64K

The crypto market shed nearly $24 billion in market capitalization as Bitcoin fell below the $64,000 level, erasing a portion of recent recovery gains.

The selloff coincided with a broader rout in semiconductor stocks, which weakened risk appetite across markets. Volatile digital assets bore the brunt of the move as investors pulled back from higher-risk positions.

The episode highlights how closely crypto continues to track macro sentiment, with equity-sector weakness capable of triggering rapid capital rotation out of digital assets.

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⚖️ Myanmar Sets Death Penalty for Forced Scam Labor

Myanmar has approved the death penalty for those who force others into scam operations, with life imprisonment designated for crypto fraud offenses.

The move comes as Southeast Asian scam compounds have drawn global attention. The UN estimates regional scam operations generated up to $114 billion in losses in 2025.

The legislation signals a sharp escalation in how governments in the region are responding to organized cyber-fraud networks, which have increasingly relied on trafficked workers and cryptocurrency to operate.

Source

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📊 $700M Liquidated as Crypto Markets Drop Before FOMC

Crypto markets saw a sharp selloff, with over $700 million in liquidations recorded as Bitcoin, Ethereum, and XRP all declined sharply ahead of the Federal Open Market Committee meeting.

Approximately $80 billion exited the crypto market during the Tuesday morning crash, reflecting broad risk-off sentiment tied to macroeconomic uncertainty around the Fed's upcoming rate decision.

FOMC meetings have historically triggered volatility across crypto markets, as traders adjust positions in response to expected shifts in monetary policy.

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🔐 5,287 ETH Moves to Single Address After Triple-A Wallet Breach

On-chain data shows 5,287 ETH flowing into a single Ethereum address following a reported breach of a Triple-A wallet. The incident has been described as quiet, with little public disclosure at the time of the transfer.

Key details remain unconfirmed: the ownership of the source wallet and the exact access path used in the breach have not been verified. The figures come from public Ethereum blockchain data, not an official statement.

Until more is confirmed, users with exposure to Triple-A should monitor official channels for any security notices or guidance.

Source

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🔐 31 Flaws Found in x402 Crypto Payment Protocol

Security researchers have disclosed 31 vulnerabilities in the x402 crypto payment protocol, a system designed to enable machine-to-machine payments over HTTP.

The flaws affect operators covering 99% of observed x402 transactions. Two "free-shopping" attack scenarios — where goods or services are obtained without valid payment — were fully validated. Additional high-impact attack vectors were tested but deliberately scoped to avoid real-world exploitation during disclosure.

x402 is an emerging protocol backed by Coinbase, positioning itself as infrastructure for AI agents and autonomous payments. The scale of coverage across these vulnerabilities means the vast majority of live x402 activity was exposed to potential asset theft or payment bypass. Users and developers relying on x402-based payment flows should monitor for patches and operator updates before continuing production use.

Source

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🟠 Bitcoin Reclaims $65,000 as Geopolitical Tensions Ease

Bitcoin climbed back above $65,000 as markets responded to de-escalation between the U.S. and Iran. Oil fell 5%, reflecting reduced risk premium across global markets.

Ethereum outperformed Bitcoin during the move, a dynamic that has historically preceded broader altcoin strength.

Risk appetite returning to crypto markets tends to benefit a wider range of assets beyond Bitcoin alone.

Source

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