Allbridge Exploit: $2M Stolen as Hackers Bridge Funds from Solana to Ethereum

Elon Musk’s SpaceX has officially targeted Thursday for the 13th test flight of its Starship rocket, aiming to recover from a dramatic last-second pad abort. Investors are closely monitoring the company's Nasdaq performance as it navigates technical hurdles and market volatility.

The stakes are high as SpaceX shares (Nasdaq: SPCX) are currently trading well below their $135 initial public offering (IPO) price. The outcome of this Starship mission will be a decisive factor in determining whether the company can regain its footing and stabilize its valuation in the public markets.

Moonshot AI has officially unveiled Kimi K3, a massive 2.8 trillion parameter model engineered to directly challenge the current US-led dominance in the artificial intelligence sector. By combining aggressive pricing strategies with ambitious open-source roadmaps, Moonshot is positioning itself as a primary disruptor in the global AI landscape.

This development carries significant geopolitical weight, signaling China's intensified efforts to break the technological monopoly held by American giants. As the race for AI supremacy accelerates, the introduction of such high-parameter models could fundamentally shift the balance of power in digital infrastructure and large-scale machine learning capabilities.

A groundbreaking discovery in corporate treasury management has revealed that repurchasing company stock can be significantly more accretive than direct asset acquisition. A post-Bitcoin treasury company found that its first five repurchases generated 24% more gross Bitcoin-per-share accretion compared to a matched BTC purchase.

This strategic shift highlights a massive opportunity for institutional players to optimize their Bitcoin holdings. By leveraging stock buybacks, companies can effectively boost their Bitcoin-per-share metrics, providing a more powerful lever for shareholder value than simply adding Bitcoin to the balance sheet.

Cardano has reached a historic milestone with the execution of its first major hard fork driven entirely by community governance. In a departure from traditional protocol updates, this upgrade was not triggered by a single company, marking a definitive shift toward true decentralized management.

This milestone reinforces the network's commitment to on-chain sovereignty and decentralized decision-making. As the Cardano ecosystem evolves, this successful implementation of community-voted upgrades sets a powerful precedent for how Proof-of-Stake blockchains can transition power from developers to the broader stakeholder base.

Hyperliquid is gearing up to disrupt the prediction market landscape with a major update enabling the creation of decentralized prediction markets. By leveraging HYPE staking and advanced validation mechanisms, the platform aims to provide a high-performance, decentralized alternative for sophisticated traders.

This strategic pivot positions Hyperliquid as a direct competitor to industry titans like Polymarket and Kalshi. By empowering users to launch their own markets, the protocol is set to drive massive liquidity and redefine how decentralized forecasting operates within the broader crypto ecosystem.

Solana has staged a 2% recovery as Bitcoin successfully surged past the critical $65,000 threshold. This synchronized movement highlights the strong correlation between Bitcoin's dominance and the immediate relief rally seen across major altcoins.

Market sentiment is increasingly focused on long-term targets, with some analysts forecasting Solana could hit $90 by July 2026. Despite these bullish projections, professional traders remain cautious, maintaining a watchful eye on market volatility to ensure the current upward momentum is sustainable.