Cryptoccino — Saturday 27 June 2026

Bitcoin spot ETFs bleed for six straight days. Outflows peaked at roughly $692 million on Thursday, the steepest single-session exit since May, ahead of a $10.6 billion options expiry. Hot PCE data rekindled Fed rate-hold fears and gave institutional sellers a macro excuse to reduce exposure into quarter-end. decrypt bloomberg_crypto

AAVE leads the partial bounce, up nearly 9%. Aave and Solana-ecosystem tokens outperformed the broader index on Friday, with Solana DAT equity proxies climbing double digits after SOL jumped around 9%. Standard Chartered published a note the same day arguing that tokenised-asset inflows into DeFi could make Aave the structural winner of that trend. coindesk theblock

Cantor Bitcoin SPAC softens its investor commitments amid the slide. The Cantor Fitzgerald-linked blank-check vehicle is now letting backers pledge less capital than originally agreed as crypto prices drag on deal economics. The move signals how quickly SPAC mechanics can unwind when the underlying asset loses momentum. bloomberg_crypto

Early Ethereum wallets finally exit after eight years. Four wallets holding 37,602 ETH since 2018 sold their entire positions, locking in an estimated $27 million profit after watching an unrealised peak of $150 million evaporate. Onchain analysts flagged the sales as a capitulation signal from some of the most patient holders in the ecosystem. theblock

Securitize targets early July NYSE debut with a $400 million SPAC raise. The BlackRock-backed tokenisation platform expects to list under the ticker SECZ after retaining more than 70% of its SPAC trust. The public debut would make it one of the first pure-play tokenisation infrastructure firms to trade on a major US exchange. theblock coindesk decrypt

Framework Ventures closes $400 million fourth fund spanning crypto, AI and robotics. The firm promoted Rajiv Patel-O’Connor to general partner alongside the close, signalling an intentional push beyond pure crypto mandates. The raise is notable for its size given that it was completed into a pronounced market downturn. theblock

SBI Holdings agrees to acquire Japanese exchange Bitbank for $289 million. The deal gives Japan’s largest financial services group direct ownership of one of the country’s leading retail crypto platforms. Japan continues to consolidate its exchange sector under regulated incumbents rather than seeing foreign entrants expand. coindesk

BitGo cuts 15% of staff as it pivots toward stablecoins and AI infrastructure. The newly public custodian framed the layoffs as a strategic reallocation rather than a cost-cutting response to market conditions, though the timing, deep into a downturn, speaks for itself. It joins a lengthening list of crypto firms trimming headcount under an AI repositioning banner. decrypt

Polymarket loses $2.9 million in a frontend supply-chain attack. Attackers injected malicious code through a compromised third-party dependency, draining user funds before the team isolated and removed it. Polymarket says affected users will be refunded, but the incident arrives at a sensitive moment given a simultaneous Senate call for a CFTC probe into the platform’s marketing practices. cointelegraph_defi

Base suffers its second mainnet stall in 48 hours. Block production halted again on Friday, with the chain resuming at 16:11 UTC after an alert at 15:33 UTC. The back-to-back outages coincide with a delayed Beryl hard fork, which was pushed to allow the B20 Activation Registry to become fully operational. theblock theblock

Q2 2026 is officially the most-hacked quarter on record. Across 83 incidents, attackers extracted $755 million, with cross-chain bridges again the most costly single vector. DeFi TVL is down 39% for the year, a combination of price declines and direct theft eroding the sector’s base. cointelegraph_defi cointelegraph_defi

THORChain resumes operations a month after a $10.7 million exploit. The protocol completed a full vault migration and rolled out multiple security upgrades before reopening all network activity. The extended downtime is a reminder of how long remediation takes when the vulnerability touches the core swap layer. cointelegraph_defi

Binance exits EU services as MiCA takes full effect 1 July. After withdrawing its Greek licence application and failing to secure authorisation anywhere in the bloc, Binance will cease onboarding and most services for EU users from next Tuesday, though withdrawals remain open. Spain’s regulator was explicit that there will be no grace extensions, and CryptoQuant data suggests EUR-denominated volume is only around 1% of Binance’s spot total, limiting the immediate revenue hit. coindesk cointelegraph_regulation cointelegraph_regulation theblock decrypt

Bipartisan senators demand a CFTC investigation into Polymarket’s marketing practices. Senators Curtis and Schiff cited a report alleging that Polymarket paid creators to stage fake winning bets, calling into question the platform’s advertising claims. The probe request lands on top of the $2.9 million frontend exploit covered in Security Desk, piling regulatory and reputational pressure on the prediction market leader simultaneously. theblock cointelegraph_regulation decrypt

SEC and CFTC issue joint request for comment on cross-market portfolio margin harmonisation. The agencies are seeking public input on how to align collateral and risk management rules across securities and derivatives, a question growing more urgent as multi-asset crypto trading desks operate across both jurisdictions. The move suggests the turf war between the two regulators is at least partially shifting toward coordination. sec_press cointelegraph_regulation

Crypto-backed Fairshake PAC wins all three targeted primaries. The PAC and its affiliates spent $8 million across Maryland, New York and Utah state races, with all supported candidates advancing. The clean sweep reinforces Fairshake’s track record heading into the general-election cycle, though pushback against outside crypto money is growing louder among opposition campaigns. cointelegraph_regulation

What else is grinding?

• Singapore’s MAS added Hyperliquid to its Investor Alert List, flagging the DEX as unlicensed in the jurisdiction. cointelegraph_regulation
• Spark Protocol deployed $150 million in stablecoin liquidity into two Uniswap v4 pools on Ethereum as part of its shared-liquidity architecture rollout. cointelegraph_defi
• Abracadabra raised interest rates across all Cauldrons in an emergency move to arrest the ongoing Magic Internet Money stablecoin depeg. cointelegraph_defi
• Trump did not sign the housing bill containing the CBDC-ban-until-2030 provision, leaving its status unresolved at the close of the legislative week. cointelegraph_regulation
• Australia’s ASIC extended its no-action period for crypto licensing compliance through 30 September, giving local firms more runway before enforcement begins. cointelegraph_regulation
• DraftKings launched its own prediction markets exchange after its vertical crossed $3.4 billion in annualised consumer volume. theblock

Last sip. Strategy’s June 30 dividend reset still hasn’t landed, and the market is watching to see what rate it prints.