hodler

1 Jun 2026, 06:52

Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years

0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the team unlock funds for 48 original investors. It is the second such recovery he has publicized in eight days.

1 Jun 2026, 06:50

Indian Rupee Extends Gains at the Start of RBI Policy Week

BitcoinWorld Indian Rupee Extends Gains at the Start of RBI Policy Week The Indian rupee continued its upward trajectory against the US dollar on Monday, extending gains at the start of a week that will be dominated by the Reserve Bank of India’s (RBI) monetary policy decision. The currency opened stronger, supported by a softer dollar overseas and expectations that the central bank may signal a more accommodative stance. Rupee Movement and Market Context The domestic currency appreciated to a session high of 83.45 against the greenback, compared to its previous close of 83.62. Traders attributed the move to a combination of factors, including a pullback in the dollar index and optimism around foreign portfolio inflows into Indian equities. The rupee’s gains come after a period of relative stability, with the currency trading in a narrow band over the past few weeks. The RBI’s monetary policy committee (MPC) is scheduled to begin its three-day meeting on Tuesday, with the decision due on Thursday. Market participants widely expect the central bank to hold the repo rate steady at 6.50% for the eighth consecutive meeting, but the focus will be on the tone of the commentary and any forward guidance on liquidity management. What the RBI Policy Means for the Rupee The RBI’s policy stance is a critical determinant for the rupee’s near-term direction. A hawkish hold, emphasizing inflation risks, could support the rupee by attracting foreign capital. Conversely, a dovish tilt, hinting at future rate cuts, might weigh on the currency by reducing the interest rate differential with the US. Analysts note that the central bank’s active intervention in the forex market has been a key factor in preventing sharp volatility. The RBI has been selling dollars to curb excessive depreciation and absorbing inflows to prevent a rapid appreciation, maintaining a managed float. The upcoming policy statement will provide clues on whether the central bank intends to continue this approach. Global Factors and Dollar Dynamics On the global front, the dollar index eased from recent highs as markets digested mixed US economic data and growing expectations of a Federal Reserve rate cut in September. A weaker dollar reduces pressure on emerging market currencies, including the rupee. Additionally, a decline in crude oil prices, which have eased from multi-month highs, has provided further support to the rupee, as India is a major importer of oil. The interplay between domestic policy signals and global risk appetite will likely dictate the rupee’s trajectory in the coming days. Traders are also monitoring geopolitical developments and their impact on capital flows. Conclusion The Indian rupee’s gains at the start of the RBI policy week reflect a confluence of favorable global cues and domestic expectations. While the immediate focus is on the MPC’s decision and commentary, the broader trend for the currency will depend on the sustainability of foreign inflows, the trajectory of the dollar, and the RBI’s management of liquidity. The policy outcome on Thursday will be a key inflection point for the rupee’s near-term path. FAQs Q1: Why is the Indian rupee gaining against the US dollar? The rupee is gaining due to a softer US dollar overseas, expectations of a dovish RBI policy, and improved foreign investor sentiment towards Indian markets. Lower crude oil prices have also supported the currency. Q2: What is the RBI’s monetary policy decision expected this week? The RBI is widely expected to keep the repo rate unchanged at 6.50%. However, the market will closely watch the central bank’s commentary on inflation, growth, and liquidity management for future policy signals. Q3: How does the RBI policy affect the rupee? The RBI’s policy stance influences the rupee through interest rate differentials, capital flows, and intervention in the forex market. A hawkish stance tends to support the rupee, while a dovish stance can weaken it. The central bank also directly intervenes to manage volatility. This post Indian Rupee Extends Gains at the Start of RBI Policy Week first appeared on BitcoinWorld .

1 Jun 2026, 06:48

Sui Foundation says ‘major upgrade’ fixed bugs behind three outages

The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third.

1 Jun 2026, 06:42

Bitcoin pinned at $73k amid US-Iran uncertainty, ETF selldowns

1 Jun 2026, 06:40

Gold Retreats from Two-Week High as Dollar Strengthens on Hawkish Fed Bets, Geopolitical Risks

BitcoinWorld Gold Retreats from Two-Week High as Dollar Strengthens on Hawkish Fed Bets, Geopolitical Risks Gold prices edged lower on Wednesday, retreating from a two-week high, as the US dollar strengthened on growing expectations that the Federal Reserve will maintain a hawkish monetary policy stance. The precious metal’s decline also reflects a complex interplay of safe-haven demand driven by ongoing geopolitical tensions and the countervailing pressure from a firmer greenback. Dollar Strength Weighs on Bullion The US dollar index, which measures the currency against a basket of six major peers, climbed to a fresh multi-week high, making gold more expensive for holders of other currencies. This upward momentum in the dollar was fueled by recent comments from Fed officials signaling that interest rate cuts may not come as soon as markets had anticipated. Traders are now pricing in a higher probability of rates staying elevated for longer, which diminishes the appeal of non-yielding assets like gold. Geopolitical Uncertainty Provides a Floor Despite the pressure from a stronger dollar, gold’s decline was limited by persistent geopolitical risks. Escalating tensions in Eastern Europe and the Middle East continue to drive safe-haven flows into the precious metal. Analysts note that while a hawkish Fed typically dampens gold’s appeal, the metal remains supported as a hedge against uncertainty. This tug-of-war between monetary policy expectations and geopolitical anxiety is likely to keep gold prices volatile in the near term. Market Implications for Investors For investors, the current environment suggests a cautious approach. The retreat from the two-week high may signal a short-term correction, but the underlying support from geopolitical risks could prevent a sharp sell-off. Market participants are closely watching upcoming US economic data, particularly inflation figures and employment reports, for further clues on the Fed’s next moves. A stronger-than-expected economic print could reinforce hawkish bets and push gold lower, while any signs of economic weakness might revive rate-cut expectations and boost bullion. Conclusion Gold’s retreat from its recent high underscores the delicate balance between a hawkish Federal Reserve and persistent geopolitical uncertainties. While the stronger dollar and higher rate expectations are near-term headwinds, the metal’s safe-haven status continues to provide a floor. Traders should remain alert to shifting Fed rhetoric and global developments that could tilt the balance in either direction. FAQs Q1: Why did gold prices fall despite geopolitical tensions? Gold prices fell primarily because the US dollar strengthened on hawkish Federal Reserve bets, making gold more expensive for foreign buyers. While geopolitical risks usually support gold, the stronger dollar and higher rate expectations outweighed that support in the short term. Q2: What does a hawkish Fed mean for gold? A hawkish Fed signals a willingness to keep interest rates high or raise them further to combat inflation. Higher rates increase the opportunity cost of holding non-yielding assets like gold, typically pushing prices lower. Q3: Could gold rebound soon? Yes, a rebound is possible if geopolitical tensions escalate further or if upcoming US economic data disappoints, weakening the dollar and reviving expectations of Fed rate cuts. However, sustained gains would require a clear shift in monetary policy outlook or a significant safe-haven event. This post Gold Retreats from Two-Week High as Dollar Strengthens on Hawkish Fed Bets, Geopolitical Risks first appeared on BitcoinWorld .

1 Jun 2026, 06:35

Upbit Delays Solstice (SLX) Listing a Second Time, Now Rescheduled to 6:00 a.m. UTC

BitcoinWorld Upbit Delays Solstice (SLX) Listing a Second Time, Now Rescheduled to 6:00 a.m. UTC South Korean cryptocurrency exchange Upbit has postponed the listing of Solstice (SLX) for a second time, pushing the start of trading to 6:00 a.m. UTC today. The delay follows an earlier reschedule from the initially announced time of 5:00 a.m. UTC to 5:30 a.m. UTC, which was also not met. Timeline of the Delays The listing of SLX on Upbit was originally scheduled for 5:00 a.m. UTC. Approximately 30 minutes before the planned launch, the exchange announced a postponement to 5:30 a.m. UTC, citing internal checks. However, at 5:30 a.m. UTC, Upbit issued another statement confirming a further delay to 6:00 a.m. UTC, without providing a specific reason for the additional hold. Such repeated rescheduling is unusual for Upbit, which generally maintains a strict listing schedule. The exchange has not yet clarified whether the delays are related to technical integration issues, compliance checks, or market preparation. Market Context and Trader Impact Solstice (SLX) is a relatively new token focused on decentralized finance (DeFi) interoperability. Its listing on Upbit, one of the largest exchanges by trading volume globally, was anticipated by traders expecting increased liquidity and price discovery. Repeated delays can create uncertainty among traders, particularly those who positioned themselves ahead of the listing. Short-term volatility around listing events is common, and extended waiting periods may lead to adjusted expectations or reduced initial trading activity. What This Means for Investors For investors, the key takeaway is that the listing is still proceeding, albeit with uncharacteristic delays. Upbit has not signaled any cancellation. Traders should monitor official Upbit announcements for the final confirmation and remain cautious about price movements immediately after trading begins, as initial liquidity can be unpredictable. Conclusion Upbit’s second delay of the Solstice (SLX) listing highlights the operational complexities involved in onboarding new tokens on major exchanges. While the delay is relatively short, it underscores the importance of verification and readiness checks. The listing is now expected at 6:00 a.m. UTC, pending any further announcements. FAQs Q1: Why did Upbit delay the SLX listing twice? Upbit has not provided a detailed public explanation. Common reasons for such delays include final technical integration checks, compliance verification, or ensuring sufficient liquidity provision at launch. Q2: Will the SLX listing still happen today? As of the latest announcement, Upbit has rescheduled the listing to 6:00 a.m. UTC today. No cancellation has been announced, but traders should watch for further updates from the exchange. Q3: How do repeated listing delays affect the token price? Repeated delays can create short-term uncertainty, potentially leading to reduced initial buying pressure. However, if the listing proceeds smoothly, the impact is often temporary. Long-term price action depends on the token’s fundamentals and market demand. This post Upbit Delays Solstice (SLX) Listing a Second Time, Now Rescheduled to 6:00 a.m. UTC first appeared on BitcoinWorld .