SPECIAL GUEST AUTHOR FABLE DROPS THE MONTHLY NEWSLETTER FOR THE JULY SQUID DROP (COVERING JUNE), DISCUSSION THREAD IS OPEN!
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SQUID REPORT
· Leviathan News crypto, DeFi, and AI news roundup
RP1 launches Artemis, a new browser designed specifically for the metaverse
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Bespoke Labs secures $40M to create the key missing piece for trustworthy, coworker-grade AI agents. Capital will be used for research, hiring, and business development.
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Banana Gun prediction market tease raises questions about timing and execution
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Multi/Dex game mode launch and NNS offer fails to resolve decentralization doubts
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A trader swapped $2 million of ETH for LIT, losing 99% after a low-liquidity pool routed the trade.
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UNDP scales Stellar-based payments for country offices after 17-country research and 5 live pilots
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BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury. During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is currently actively working
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“Blockchain consensus mechanisms and fragmentation” by BIS Bulletin No. 126, dated 06 July 2026, on how consensus design drives blockchain fragmentation and the trade-offs between decentralisation, security, and scalability.
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Aspirational Absurdity: The Resupply & Convex Growth arqus
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Ripple wins full MiCA CASP license, clearing regulated crypto services across 30 EEA countries
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ZachXBT turns meme coin profits into $30,000 in verified donations for Venezuela earthquake relief
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Strategy unloads 3,588 BTC for $216 million, trims its bitcoin stash while still sitting on heavy unrealized losses.
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Sberbank plans crypto wallet by December as Russia readies licensed market with $3,800 yearly retail limit
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Fake Maccy site ships PamStealer, macOS infostealer built to grab passwords, Keychain data, and wallet keys
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Summer.fi exploit drains ~$6M as Blockaid links attacker to Lazy Summer contracts
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Valr to launch cross-asset perpetuals with Hyperliquid integration on July 6
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Jupiter launches Trailing Stop Loss for limit orders, enabling traders to automatically lock in gains as token prices rise without setting fixed exit levels
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Solana tokenized asset spot volume jumps from $2.69B in Q1 2026 to $5.77B in Q2 2026
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USDC is pulling ahead of USDT as stablecoin trading volume hits record highs in 2026.
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Stablecoin transaction volume hits record $1.79T in June as USDC handles 67% of adjusted flows
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Ex-OpenAI researcher Phil Chen says AI will automate answerable work, making problem discovery, reputation, relationships and judgment the decade's most valuable skills
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0xpmm.eth
Benthic
Danicjade
JLJohn
w00tcake
Dormant Bitcoin wallet wakes after 12 years, moving 25 BTC worth about $1.59M and locking in an estimated $1.56M gain.
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Michael Saylor says Bitcoin's next decade will be defined by protocol stability, with institutions, credit markets and financial products expanding around BTC rather than changing it
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Binance posts $1.23B weekly outflows as ETH withdrawal transactions top 166,000 in one day
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Vitalik Buterin says Ethereum's "Lean Ethereum" overhaul will rival the Merge in scale, replacing nearly every core protocol component over the next 3–4 years
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Sovereign wealth funds are gaining crypto exposure through Bitcoin ETFs, blockchain firms and VC funds, favoring regulated vehicles over direct token ownership
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KyberSwap upgrades limit orders with live order book, charts, and executable maker liquidity
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Securitize targets adjacent tokenization acquisitions with $400M after NYSE debut
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Open USD launches on Polygon as Q2 transactions hit 743M and CredibleFin flows top $152M
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