A trader has lost nearly $2 million in an Ether swap after a decentralized exchange router sent the transaction through a low-liquidity pool, allowing a same-block arbitrage trade to capture almost the entire value. According to blockchain security firm GoPlus…
The post LIT Rallies 60% in 7 Days Following Two Crucial Announcements appeared on BitcoinEthereumNews.com.
LIT’s price has experienced a notable uptick since Lighter’s July 30 announcements. Lighter DEX updated its tokenomics and announced a partnership with Robinhood Wallet. The partnership enables Lighter to offer perpetual trading with USDG as the quote asset. LIT, the native cryptocurrency of the Lighter decentralized exchange (DEX) ecosystem, has experienced a bullish trend for most of Q2 2026, despite a broader crypto market bearish pressure. TradingView’s data reveals that the cryptocurrency experienced a notable uptick from the beginning of July, surging approximately 60% in less than seven days. According to a Castle Labs analyst monitoring LIT’s price movement, two major announcements from the Lighter ecosystem were responsible for the latest rally. They include a tokenomics update on the digital asset and Lighter’s partnership with Robinhood. $LIT has risen over 80% in the
The shift to post-quantum cryptography could redefine blockchain security, impacting investment strategies and regulatory compliance globally.
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The post Middle East Tensions Drive Oil Surge While Equities and Digital Assets Retreat appeared on BitcoinEthereumNews.com.
Key Highlights Bitcoin declined approximately 1% to roughly $62,657 following military exchanges between Washington and Tehran that elevated oil prices and strengthened the dollar Major altcoins including Ether, XRP, and Solana experienced losses ranging from 1% to 2.3% amid the escalating situation Equity indexes suffered losses with the Dow shedding more than 100 points, S&P 500 declining 0.5%, and Nasdaq dropping 1.2% Crude oil prices surged over 2%, propelling WTI beyond $72 per barrel while Brent crude climbed above $74 SpaceX shares dipped beneath their initial public offering valuation following Nasdaq listing as original stakeholders liquidated positions Washington executed military operations it described as “powerful strikes” against Iranian targets on Tuesday following Tehran’s assault on three merchant vessels navigating the Strait of Hormuz, among th
The post CFTC sues crypto pool operator over alleged $14M fraud appeared on BitcoinEthereumNews.com.
The CFTC has sued a North Carolina man and his company over an alleged commodity pool fraud tied to crypto and futures trading. Summary CFTC says Argent Capital solicited $14.8 million while hiding losses from at least 60 investors. The complaint links Bitcoin, Ether, futures, options, false statements, registration failures, and alleged misused funds. The case lands as CFTC faces wider questions over crypto oversight, resources, and derivatives rules. In a July 7 press release, the Commodity Futures Trading Commission said it filed a civil enforcement action against Trevor Vernon and Argent Capital Management LLC. The agency said the pool traded equity index futures, options on equity index futures, Bitcoin, Ether, and other crypto assets. The complaint says Vernon and Argent Capital solicited more than $14 million from at least 60 participants from March 2022 to February 2026. The CFT
The post ETH Outperforms BTC As Investors Turn Attention Toward TradFi Adoption appeared on BitcoinEthereumNews.com.
Key takeaways: BitMine’s aggressive ETH accumulation has reinforced the $1,500 support despite $8B unrealized losses. Glamsterdam upgrade and Robinhood Chain launch signal stronger TradFi focus for Ethereum’s base layer. Ether (ETH) price rallied 15% in five days, distancing itself from the $1,500 low hit on June 26. Part of the improvement in investor sentiment can be pinned to the final tests on Ethereum’s Glamsterdam upgrade, targeted for later in 2026. Moreover, BitMine Immersion Technologies’ continued Ether accumulation helped strengthen the support level. Will $2,000 come next? Total crypto capitalization/USD (left) vs. ETH/USD (right). Source: TradingView Ether outperformed the total crypto market capitalization by 7% over the past 30 days. Some excitement came from optimism about the passage of the Digital Assets CLARITY Act, a bill that has faced several hurdle
Bitmine's ETH accumulation and Robinhood's L2 launch could drive demand and price volatility, raising centralization and regulatory concerns.
The post Bitmine buys ETH as Ether approaches $2K amid Robinhood L2 boost appeared first on Crypto Briefing.
