Crypto, stablecoins and digital assets

Bitcoin ETFs swung from eight straight weeks of net outflows (May 11–June 29, about $8.25 billion) to two weeks of inflows as BTC rose from near $61,300 to $64,200, per CoinDesk's Crypto Long & Short newsletter, written by Lionsoul Global's Gregory Mall. Verdict: crypto risk lives in position sizing, not asset picking — diversification fails when investors need it most.

NIGHT, the token tied to Cardano-linked privacy chain Midnight, rebounded 19% within 24 hours after a legacy Wanchain bridge exploit on the Binance-Cardano corridor drained roughly 290 million tokens Monday, crashing the price about 43% to an all-time low near $0.022, CoinDesk reported July 22, 2026. Charles Hoskinson argued the hack proves bridges need replacing with zero-knowledge proofs.