Bitcoin's price dropped below $117,000 without significant altcoin losses. Trump continues urging interest rate cuts amid financial instability. Continue Reading: Bitcoin Faces a Tough Time as US Markets Open The post Bitcoin Faces a Tough Time as US Markets Open appeared first on COINTURK NEWS .
Earlier today, July 15, Arcadia Finance, a liquidity management platform for decentralized crypto exchanges, was exploited, resulting in a loss of about $2.5 million in crypto assets. The hackers targeted one of the platform’s key features, the rebalancer on the Base network. Shortly after the exploit , the Arcadia team took to X, formerly Twitter, to warn users, urging them to remove the permissions for their asset managers and remove active rebalancers to prevent further losses. Source: PeckShield More about the hack According to blockchain security firm PeckShield, Arcadia Finance lost about 840 Ethereum tokens, worth roughly $2.5 million at current prices. PeckShield wrote in an X post that the hackers have already bridged the stolen assets from Base to Ethereum, and the sanctioned crypto mixer, Tornado Cash, reportedly played a part. While the value of ETH lost to the hackers is considerable, it is not the first time Arcadia has experienced such an occurrence. The liquidity management platform witnessed a $455,000 hack in July 2023 when hackers exploited a vulnerability in its code. Arcadia Finance is backed by Coinbase Ventures and is also part of the Circle Alliance, which it joined in late June. According to its website, USDC makes up more than a third of Arcadia’s TVL. Arcadia’s contracts have now been paused with no clear timeline for contract resumption. In the meantime, it reports that it is collaborating with security analysts in a bid to ascertain how the breach occurred. Arcadia Finance said, “We will continue to work with our security partners, law enforcement, and the broader community to resolve this as best we can. Our number one priority is recovering funds for Arcadia protocol users.” As for how the community and market are reacting to the exploit, skepticism and concern have taken center stage, with many worried about the state of cross-chain security. Wave of hacks sweeps through crypto in 2025 Over $2.1 billion has been stolen across more than 75 hacking incidents so far this year, a figure that nearly accounts for the total losses recorded in 2024. This indicates a significant increase in attacks, and they differ in scale and sophistication compared to years 2024 and earlier. The amount the hackers got away with in the Arcadia exploit is small compared to the larger hacks that have happened this year; however, it calls attention to the vulnerabilities that plague the DeFi sector. One recurring problem is that smart contracts and cross-chain mechanisms, especially bridges, are still too susceptible to attacks, and criminals know it. According to reports, more than 80% of the stolen funds in 2025 happened in infrastructure-level breaches that saw the hackers get away with more funds than other exploit types, like smart contract vulnerabilities. The most notable hack this year has been the breach of the Bybit exchange that occurred in February, where hackers made away with $1.5 billion. The attack, attributed to North Korea-linked Lazarus Group pushed the average hack size to double what it was in 2024. Other notable incidents have included the $225.6 million Cetus protocol exploit and the $89.1 million hack of the Nobitex exchange in Iran, actions linked to the Israel-based group Gonjeshke Darande. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
U.S. authorities have stopped investigating crypto prediction markets platform Polymarket, Bloomberg reported Tuesday.
Hong Kong, PCR, July 15th, 2025, Chainwire MultiBank Group , one of the most regulated provider of financial derivatives in the world, announced that its initial $MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap. Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. Due to additional requests, MultiBank Group will conduct a second and final $MBG Token Pre-Sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at $0.35 and will be accessible through MultiBank.io and Uniswap. Commenting on the success of the Pre-Sale, Naser Taher, Founder and Chairman of MultiBank Group, said: “The sell-out of our initial $MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. $MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction.” According to MultiBank Group, the $MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting $MBG is anchored by its four pillars: MultiBank TradFi: Reported $362 million in revenue in 2024 through global CFD trading operations. MEX Exchange: An institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion. MultiBank.io RWA: A platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate. MultiBank.io: Extending into crypto derivatives alongside the token initiative. Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for $MBG holders. For more information, users can visit token.multibankgroup.com and follow MultiBank Group on Telegram at t.me/MultiBank_io for updates. ABOUT MULTIBANK GROUP MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. ContactMrNikolas NeofytouMultiBank Groupnikolas.neofytou@multibankfx.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
July 15th, 2025 – Hong Kong, PCR MultiBank Group , one of the most regulated provider of financial derivatives in the world, announced that its initial MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap. Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. Due to additional requests, MultiBank Group will conduct a second and final MBG Token Pre-Sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at $0.35 and will be accessible through MultiBank.io and Uniswap. Commenting on the success of the Pre-Sale, Naser Taher, Founder and Chairman of MultiBank Group, said: “The sell-out of our initial MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction.” According to MultiBank Group, the MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting MBG is anchored by its four pillars: MultiBank TradFi: Reported $362 million in revenue in 2024 through global CFD trading operations. MEX Exchange: An institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion. MultiBank.io RWA: A platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate. MultiBank.io: Extending into crypto derivatives alongside the token initiative. Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for MBG holders. For more information, users can visit token.multibankgroup.com and follow MultiBank Group on Telegram at t.me/MultiBank_io for updates. ABOUT MULTIBANK GROUP MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. Contact Mr Nikolas Neofytou MultiBank Group nikolas.neofytou@multibankfx.com This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post MultiBank Group Announces 7 Million MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale appeared first on The Daily Hodl .
Hong Kong, PCR, July 15th, 2025, Chainwire MultiBank Group , one of the most regulated provider of financial derivatives in the world, announced that its initial $MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap. Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. Due to additional requests, MultiBank Group will conduct a second and final $MBG Token Pre-Sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at $0.35 and will be accessible through MultiBank.io and Uniswap. Commenting on the success of the Pre-Sale, Naser Taher, Founder and Chairman of MultiBank Group, said: “The sell-out of our initial $MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. $MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction.” According to MultiBank Group, the $MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting $MBG is anchored by its four pillars: MultiBank TradFi: Reported $362 million in revenue in 2024 through global CFD trading operations. MEX Exchange: An institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion. MultiBank.io RWA: A platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate. MultiBank.io: Extending into crypto derivatives alongside the token initiative. Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for $MBG holders. For more information, users can visit token.multibankgroup.com and follow MultiBank Group on Telegram at t.me/MultiBank_io for updates. ABOUT MULTIBANK GROUP MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. ContactMrNikolas NeofytouMultiBank Groupnikolas.neofytou@multibankfx.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
BitcoinWorld MultiBank Group Announces 7 Million $MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale Hong Kong, PCR, July 15th, 2025, Chainwire MultiBank Group , one of the most regulated provider of financial derivatives in the world, announced that its initial $MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap. Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure. Due to additional requests, MultiBank Group will conduct a second and final $MBG Token Pre-Sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at $0.35 and will be accessible through MultiBank.io and Uniswap. Commenting on the success of the Pre-Sale, Naser Taher, Founder and Chairman of MultiBank Group, said: “The sell-out of our initial $MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. $MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction.” According to MultiBank Group, the $MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover. The ecosystem supporting $MBG is anchored by its four pillars: MultiBank TradFi: Reported $362 million in revenue in 2024 through global CFD trading operations. MEX Exchange: An institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion. MultiBank.io RWA: A platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate. MultiBank.io: Extending into crypto derivatives alongside the token initiative. Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for $MBG holders. For more information, users can visit token.multibankgroup.com and follow MultiBank Group on Telegram at t.me/MultiBank_io for updates. ABOUT MULTIBANK GROUP MultiBank Group , established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website. Contact Mr Nikolas Neofytou MultiBank Group nikolas.neofytou@multibankfx.com This post MultiBank Group Announces 7 Million $MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale first appeared on BitcoinWorld and is written by chainwire
With investigations from two major US agencies now reportedly closed, Polymarket has reached a critical regulatory milestone ahead of its $200 million funding round.
Binance Coin (BNB) faces a critical juncture as market momentum stalls, signaling a potential period of consolidation before the next significant move. Recent price action reveals a tug-of-war between buyers