BlockSec said Ethereum-based DeFi protocol BarnBridge may have been hit by a governance attack involving its SMART Yield (cUSDC) product. According to BlockSec’s monitoring, the attacker allegedly seized DAO control, upgraded the protocol with a malicious contract, and abused existing user approvals. Estimated losses were about $776,000. The disclosure was made through the source link provided in the input. No additional details on recovery, response measures, or affected user count were included in the source material.

BlockSec Phalcon said BarnBridge SMART Yield (cUSDC) was attacked on Ethereum, with losses estimated at about $776,000. The monitoring data points to a suspected governance attack. According to the alert, the attacker first obtained DAO governance permissions, then upgraded the SmartYield/controller proxy to a malicious implementation contract. That contract later called CompoundProvider’s privileged _takeUnderlying function. BlockSec Phalcon said the attacker then used pre-existing USDC approvals from 50 user accounts and moved the pooled funds through transferFees. The incident centers on governance access, proxy upgrade control, and privileged contract execution inside the protocol’s architecture.

The European Union’s transition period for Crypto-Asset Service Providers under MiCA ended on July 1, meaning crypto trading platforms without the required CASP authorization are, in principle, no longer allowed to keep serving users in the bloc. The change moves MiCA from a transition setup into active enforcement and redraws the compliance map for exchanges operating across the EU. The framework does not rely on a single catch-all exchange license. Instead, MiCA breaks crypto services into 10 categories, labeled a through j, covering custody, trading platform operations, fiat-to-crypto exchange, crypto-to-crypto exchange, order execution, placement, order transmission, investment advice, portfolio management, and transfer services. Separate from those service codes, MiCA groups firms into Class 1, Class 2, and Class 3 for minimum capital purposes, with thresholds of €50,000, €125,000, and €150,000. According to the article, ESMA’s register as of July 3, 2026 lists 279 authorized CASP entities. Around 222 can provide trading-related services such as exchange or order execution, but only 18 entities hold the key b-type authorization that allows operation of a crypto-asset trading platform. Firms listed in that group include OKX, Gate.io EU, Kraken, Bitstamp, Revolut Crypto, Bitvavo, One Trading, and others. Many large platforms, including Coinbase, Bybit EU, Crypto.com, Gemini, KuCoin EU, Robinhood Europe, and eToro Crypto, are shown mainly under Class 2 rather than the narrower group holding trading-platform permission.

Crypto markets regained momentum on the back of the AI narrative, with storage tokens and AI-linked meme coins posting strong moves, though the rally still appears heavily driven by speculation.

Manic partners with Sonic SVM to release the SMART Benchmark, the first standardized evaluation system for AI trading agents, enabling quantitative comparison of decision-making quality and providing a unified framework for the industry.

Altcoins have fallen 45% over the past 13 months, but analysts say selling pressure is easing. Infrastructure-focused tokens such as ASTER, ARB, APTOS, and SEI could see recoveries of more than 50% if market structure improves.

Shares of DMart (Avenue Supermarts) jumped 8.54% after opening 12 new stores on March 31, reaching 500 total outlets. The retailer's Q3 net profit rose 18.27% and revenue grew 13.32%, supporting its aggressive expansion strategy.

CryptoComLearn reports that this week over $230 million worth of tokens will be unlocked, including cliff unlocks over $5M for H, JUP, PARTI, XPL, SOSO, and daily linear unlocks over $1M for RAIN, SOL, CC, TRUMP, WLD, and DOGE, posing significant selling pressure.