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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
06/10/2026 12:36 PM Botanix Bitcoin Layer 2 Network Ceases Operations Amid Insufficient User Activity
Botanix Labs is shutting down its Bitcoin Layer 2 network due to insufficient user demand and low fee revenue, asking users to withdraw assets by July 9.
The post Botanix Bitcoin Layer 2 Network Ceases Operations Amid Insufficient User Activity appeared first on Blockonomi.
06/10/2026 12:35 PM South Korea Stocks Bleed as Margin Liquidations Peak
TLDR: South Korea’s KOSPI fell 13% in eight days, with two full circuit breakers triggered in a single week. The KOSPI 200 put-call ratio hit 2.5, its highest in five years, signaling heavy institutional hedging. Forced margin liquidations surged to a record 300 billion won, exposing millions of retail investors. Samsung and SK Hynix represent [...]
The post South Korea Stocks Bleed as Margin Liquidations Peak appeared first on Blockonomi.
06/10/2026 12:06 PM Humanity Protocol Hack: How One Infected Device Handed an Attacker Seven Private Keys
TLDR: One compromised developer machine exposed seven private keys tied to Humanity Protocol’s infrastructure. The attacker drained 141M H from the ETH bridge and minted 300M H on BSC using stolen Safe owner keys. No smart contract bug was involved — every attacker action used legitimate, compromised private keys. The BSC H token remains unrecoverable [...]
The post Humanity Protocol Hack: How One Infected Device Handed an Attacker Seven Private Keys appeared first on Blockonomi.
06/10/2026 11:42 AM Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush
TLDR: Binance BTC inflows from 100–10,000 BTC wallets spiked sharply as Bitcoin’s price declined in June. Short- and long-term whales collectively locked in over $2.5 billion in realized losses recently. Short-term whales hold roughly $16 billion in unrealized losses after a brief May recovery reversed. CryptoQuant’s MorenoDV links capitulating whales and exchange inflows to late-stage [...]
The post Bitcoin Whale Capitulation and Rising Exchange Inflows Point to Final Bear Market Flush appeared first on Blockonomi.
06/10/2026 11:22 AM Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance
TSMC (TSM) stock dropped 2.2% despite reporting May 2026 revenue of $13.19B, up 30.1% YoY. Explore the numbers and insider activity behind the decline.
The post Taiwan Semiconductor (TSM) Stock Dips Despite Record-Breaking May Revenue Performance appeared first on Blockonomi.
06/10/2026 11:21 AM ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions
ECB set to raise rates to 2.25% Thursday as euro zone inflation reaches 3.2%, driven by energy price surge and U.S.-Iran geopolitical tensions.
The post ECB Poised for Rate Increase to 2.25% Amid Surging Energy Costs and Iran Tensions appeared first on Blockonomi.
06/10/2026 11:21 AM Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential
Solvay (SOLB) stock surged 2.9% after Deutsche Bank upgraded to Hold, citing rare earth potential worth €100M in EBITDA. Learn more about the upgrade.
The post Solvay (SOLB) Stock Climbs 3% on Deutsche Bank Upgrade and Rare Earth Potential appeared first on Blockonomi.
06/10/2026 11:15 AM Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead
Netflix (NFLX) has fallen 38% from peak but Q1 beat, $25B buyback, and surging ad revenue drive Wall Street's bullish $115 target—40% upside potential.
The post Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead appeared first on Blockonomi.
06/10/2026 11:13 AM Sigma Healthcare (SIG) Shares Slide 5.5% on $10B Boots Acquisition Talks
Sigma Healthcare (SIG) stock fell 5.5% after confirming talks to acquire Boots pharmacy chain in a deal potentially worth over $10 billion.
The post Sigma Healthcare (SIG) Shares Slide 5.5% on $10B Boots Acquisition Talks appeared first on Blockonomi.
06/10/2026 11:13 AM Kalshi Opens XRP Perpetual Futures to Regulated U.S. Market
TLDR: XRP perpetual futures are now live on Kalshi for regulated U.S. traders. XRPPERP gives traders leveraged XRP exposure without directly holding the token. Kalshi uses CF Benchmarks pricing to support XRP funding and settlement. The launch expands Kalshi’s crypto derivatives market beyond Bitcoin and Ethereum. XRP perpetual futures have started trading on Kalshi, giving [...]
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