Securitize announced its business combination with SPAC Cantor Equity Partners II (NASDAQ: CEPT), expected to raise approximately $400 million (including PIPE, before expenses). Post-merger, the combined entity will be renamed Securitize Corp. and its common stock is slated to begin trading on the New York Stock Exchange under the ticker “SECZ” on July 2. The CEPT shareholder vote is scheduled for June 29, with current redemption rates below 30%. Securitize holds dual regulatory licenses in the U.S. and EU and manages over $4 billion in on-chain real-world assets. The listing marks a milestone for tokenized securities infrastructure.

According to Arkham monitoring, Grayscale deposited 8,697 ETH (approximately $13.77 million) to Coinbase Prime within the last two hours. This large transfer may indicate potential selling pressure or routine rebalancing.

Airwallex, a global fintech unicorn, leads the investment in Metal, a tokenized financial settlement network, marking a shift from publicly questioning stablecoins a year ago to strategically embracing tokenized financial infrastructure. This move reflects how traditional financial giants now view stablecoins as a critical interface for improving cross-border payments, corporate treasury, and on-chain settlement efficiency, rather than mere crypto assets, highlighting the structural value of stablecoins in institutional applications.

In the past 40 days, hackers exploited five deprecated but still functional smart contracts to steal nearly $17 million from projects including DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect. The root cause: incomplete retirement of obsolete contracts that still hold funds, permissions, or callable entry points. This article examines the mechanics of zombie contracts, the vulnerable projects, and the urgent lessons for the DeFi ecosystem.

Tokenization platform Securitize announced a business combination with SPAC Cantor Equity Partners II (CEPT) expected to raise approximately $400 million (including PIPE). The combined entity will be renamed Securitize Corp and list on the NYSE under ticker 'SECZ' starting July 2. The CEPT shareholder vote is scheduled for June 29, with redemptions currently below 30%. Securitize holds digital securities licenses in both the U.S. and the EU, and manages over $4 billion in on-chain real-world assets (RWA). The deal represents a milestone for institutional-grade asset tokenization accessing public markets.

According to Arkham monitoring, Grayscale deposited 8,697 ETH (approx. $13.77 million) to Coinbase Prime within the past two hours. The large transfer draws market attention, possibly signaling redemption or liquidity management by the crypto asset manager.

Over the past 40 days, hackers have exploited five abandoned yet still active smart contracts to steal nearly $17 million. These 'zombie contracts'—from DxSale, TrustedVolumes, Huma Finance V1, Raydium Legacy AMM, and Aztec Connect—retained funds, admin privileges, or callable entry points due to incomplete decommissioning. The incidents highlight a critical gap in DeFi contract lifecycle management and underscore the need for rigorous retirement procedures.

A whale that opened a 20x leveraged short position on BTC, ETH, and SOL four days ago has closed it, pocketing approximately $4.4 million in profit. The same whale immediately reopened a similar 20x short position, now holding 912.9 BTC ($54.55M) and 10,025 ETH ($15.65M), signaling a continued bearish outlook.