Crypto News. July 7, 2026

BonkDAO was hit with a governance attack draining roughly $20M BONK

BONK!!!@bonk_inu

BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury. During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is

5:59 PM · Jul 6, 2026 · 696K Views

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459 Replies · 161 Reposts · 1.21K Likes

Vitalik Buterin outlined an Extremely Lean Chain proposal to shrink Ethereum’s beacon chain state to ~6 bytes per validator via a two-step, four-year Lean Ethereum overhaul.

vitalik.eth@VitalikButerin

If we want to make the Lean Ethereum consensus chain aggressively more "lean", and add strong validator privacy (ZK-unlink deposit from staking activity from withdrawal, and re-anonymize stakers every day), here is a path:

ethresear.ch

The Extremely Lean Chain

7:30 AM · Jul 6, 2026 · 263K Views

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301 Replies · 277 Reposts · 1.96K Likes

Strategy sold 3,588 BTC for ~$216M to cover preferred stock dividends, cutting holdings to 843,775 BTC.

Michael Saylor@saylor

Strategy has sold 3,588 $BTC for $216 million to fund dividends on our Digital Credit securities. As of 7/5/2026, we hodl ₿843,775 in our BTC Reserves and $2.55 billion in our USD Reserves.

strategy.com

Strategy Sells 3,588 BTC to Fund Digital Credit Dividends; Now Holds ₿843,775 and $2.55B

12:03 PM · Jul 6, 2026 · 7.4M Views

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4.14K Replies · 2.31K Reposts · 19.1K Likes

Variational to launch swaps in Q3

Variational@variational_io

https://t.co/ARNqcb2wKM

1:41 PM · Jul 6, 2026 · 113K Views

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91 Replies · 73 Reposts · 518 Likes

DefiLlama launched risk scenario planning for Morpho vaults

DefiLlama.com@DefiLlama

When you deposit into a vault, you're exposed to more than the vault itself: oracles, bridges, collateral, the sequencer, holders of vault roles. Introducing risk scenario planning on DefiLlama. * Maps every dependency that touches your deposit * Models your max loss from each

9:34 PM · Jul 2, 2026 · 89.9K Views

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46 Replies · 77 Reposts · 549 Likes

Jito’s JTX Set to Launch on July 14.

JTX@jtx_trade

One surface to trade every market on Solana. Soon.

5:03 PM · Jul 6, 2026 · 84.7K Views

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73 Replies · 51 Reposts · 396 Likes

Perp DEX Perpl to launch mPoints on July 8, a 16-week trading rewards campaign distributing up to $1M in MON

Perpl@perpltrade

https://t.co/ShRFM8WkSM

3:02 PM · Jul 6, 2026 · 70.8K Views

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99 Replies · 48 Reposts · 417 Likes

Ethereum Foundation researcher Toni Wahrstätter proposed native optional UTXOs for Ethereum, aiming to cut the permanent state footprint of simple payments by roughly 99.8% by relying on EIP-8141 Frame Transactions

Toni Wahrstätter ⟠@nero_eth

Native UTXOs on Ethereum. Payments should be one-shot objects, not permanent state. Bitcoin got this right. Ethereum can bring the same idea to payments: prove existence from history, keep only a spent bit in state, and reduce permanent state by ~99.8%. Check out the blog post

9:36 AM · Jul 6, 2026 · 61.1K Views

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87 Replies · 57 Reposts · 399 Likes