The crypto news feed shows mixed signals today, with the crypto market cap falling 0.6%. Bitcoin is performing steadily, with the BTC price hovering around the $107K mark, while Ethereum has lost some ground but still stands above $2,400.
But what else is happening in crypto news today? Follow our up-to-date live coverage below.
Across Protocol Token Crashes 10% Today Amid $23M Team Misappropriation Allegations
The Across Protocol team faces serious allegations of misappropriating approximately $23 million from their Decentralized Autonomous Organization (DAO) treasury through allegedly manipulated governance votes, according to claims made public on June 27.
The Ethereum-based cross-chain bridge protocol stands accused of transferring funds to Risk Labs, a private for-profit company founded by the same team behind Across Protocol.
Massive $17 Billion BTC and ETH Options Expire Today in 2025 Largest Event – Rally or Crash?
The cryptocurrency market is facing its largest options expiration event of 2025 today, as over $17.27 billion in BTC and ETH contracts expire on Deribit. This massive H1 quarterly delivery represents 30% of the total current positions.