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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SQUID REPORT
· Leviathan News crypto, DeFi, and AI news roundup
Aspirational Absurdity: The Resupply & Convex Growth arqus
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Summer.fi exploit drains ~$6M as Blockaid links attacker to Lazy Summer contracts
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Fake Maccy site ships PamStealer, macOS infostealer built to grab passwords, Keychain data, and wallet keys
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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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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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Hexens says patched Aptos Move VM bug could have put $70B at risk in $3K server test
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World Cup pushes prediction market volume from $65M to $5.6B as Kalshi leads June surge
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ESMA says prediction market event contracts likely fall under EU retail ban on binary options
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Ondo-backed op-ed warns against turning tokenized securities into private walled gardens, calling for investor protections alongside open competition
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Nearly 1M $TRUMP buyers lose $3.8B while sophisticated traders come out ahead
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Aave teases upcoming consumer app launch, aiming to bring DeFi savings and yield products to mainstream users through a simplified experience
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Aave V4 surpasses $250M in deposits, marking a major liquidity milestone as the protocol gears up for its next phase of DeFi lending expansion
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ASIC secures A$20.5M ASX penalty over misleading blockchain CHESS replacement update
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KyberSwap upgrades limit orders with live order book, charts, and executable maker liquidity
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EtherFi proposes Aave V4 hub on OP Mainnet for EtherFi Cash with up to $175M in assets and 20% DAO revenue share
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Benthic
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w00tcake
Vitalik’s recent research paper proposes an extremely lean Ethereum consensus design that minimizes state, shifts validator responsibilities offchain, and uses ZK-STARK proofs for scalable, privacy-preserving consensus.
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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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Binance posts $1.23B weekly outflows as ETH withdrawal transactions top 166,000 in one day
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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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Analysis of 514,915 crypto card wallets suggests float—not cashback—is the industry's biggest moat, with user balances revealing where trust truly resides
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UK FCA crypto regime preserves global liquidity, but 85% failed AML applications warn of rough rollout
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Open USD launches on Polygon as Q2 transactions hit 743M and CredibleFin flows top $152M
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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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Varick argues private equity firms are undervaluing AI by focusing on cost cuts, while overlooking its potential to boost exit multiples and shorten holding periods
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Researcher argues human nature, not AI, coding or marketing, is the ultimate 21st-century skill, claiming persuasion and psychology underpin every opportunity
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Revolut tells some users it will block USDT buys July 6 and auto-convert balances after Aug. 31
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Onchain options renaissance signals major growth as volatility drives new trading opportunities
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