Blockchain Association Sues the SEC, Cosmos Patches Potential Reentrancy Vulnerability

U.S. Treasury rates and the DXY (-0.46%) are sliding today following weaker-than-expected S&P Flash PMI data, helping catalyze a 1% rally in equity indices. Manufacturing PMI came in at 49.9 vs. 52.0 expected, and Services PMI read 50.9 vs. 52.0 expected. Bitcoin miners have benefited as rates retreat and transaction revenue remains elevated, with RIOT, CLSK, and MARA showing weekly gains of 26%, 16%, and 14%, respectively. Crypto assets are mixed with BTC (-0.18%) holding at $66.7k and ETH (+1.48%) climbing to $3,250. The Akash Network (AKT), a decentralized compute marketplace, is a top performer today, surging over 70% to $7.10 after being listed on Upbit. AKT (+25.88%) has since pared its gains and is trading at approximately $5.25.