New 'toxic pools' in DeFi trick users with fake quotes, causing major losses on Ethereum and Polygon. – Pluang

Robinhood will soon let eligible US customers connect an artificial intelligence (AI) agent to a dedicated account and trade crypto on their behalf. The broker announced the expansion during a recent presentation, adding crypto to a product it first opened to equities in May.  Crypto is coming to agentic trading.Eligible US customers will soon be…

The latest US inflation report triggered an immediate short squeeze across the digital asset market. In June, the Consumer Price Index (CPI) unexpectedly fell by 0.4%, marking its steepest monthly decline since April 2020. On an annual basis, inflation slowed to 3.5%, while core inflation dropped to 2.6%. Against this backdrop, the probability of a Federal…

Ethereum (ETH) is trading roughly 65% below its all-time high, but analysts see a mid-to-long-term buy signal in the growing disconnect between market indifference and robust on-chain activity ahead of ‘Glamsterdam’ — the largest network upgrade in the blockchain’s history. Leveraged speculative positions have cratered while spot trading volumes have soared, indicating accumulation by long-term…

Coinbase’s Jesse Pollak said he is stepping back from leading the Base app after acknowledging that his bet on an onchain social economy failed to drive crypto adoption as he had expected. The Base creator said he had spent the last two years betting that builders and onchain-native social experiences, including Farcaster, Zora, mini apps…

The US government just staged its seized crypto for an exchange, and it took an extra hop to get there. Wallets tied to the government moved about $288 million in seized bitcoin and ether onto Coinbase Prime over roughly half a day on Monday, blockchain data from Arkham shows. The ether went direct, while the…

A new study argued that Polymarket’s five-minute Bitcoin contract became a machine for wealth transfer. It moved money from retail bettors to a small band of manipulators, and it made Bitcoin’s spot price worse in the process. The paper, “Settlement Manipulation in Prediction Markets” by David Dai, Ruizhe Jia, and Shihao Yu of Stanford and…