The Bitcoin treasury firm Strategy (MSTR) has now gone three consecutive weeks without buying any BTC.
On Monday, Strategy Chairman Michael Saylor announced the company increased its US dollar reserve by $450 million over the past week but opted not to buy any new Bitcoin.
Over the two weeks prior, the firm sold a total of 3,588 BTC for $216 million. The sales, which sparked headlines across the crypto sector, materialized under the Strategy’s newly introduced BTC monetization program, designed to bolster the firm’s cash reserve and support dividend payments.
The firm still holds 843,775 Bitcoin worth $52.47 billion at time of writing, as well as $3 billion in cash reserves.
In May, Strategy sold 32 BTC worth $2.47 million, the company’s first Bitcoin sale since 2022, when the firm’s subsidiary, MacroStrategy, hawked 704 BTC for approximately $11.8 million.
The May sale marked a dramatic shift in tone for Strategy after Saylor spent years encouraging investors to “never sell” their BTC.
He did tip that a sale could happen, however, suggesting in a first-quarter earnings call that the firm would “probably sell some Bitcoin to fund a dividend just to inoculate the market – just to send the message that we did it.”
Strategy was the first public company to adopt Bitcoin as its sole treasury reserve asset and remains the world’s largest corporate holder of BTC by a wide margin.
Guvernérka New Hampshire podepsala HB 639, který zavádí ochranu pro blockchainové inovace a uživatele kryptoměn a umožňuje i zvláštní soudní řízení pro spory.
In brief New Hampshire's governor signed the Blockchain Basics Law, introducing new protections for blockchain innovation and crypto users in the state. Last year, the state became the first in the nation to introduce a strategic Bitcoin reserve, allowing for up to 5% of public funds to be invested in the leading crypto asset. However, its executive council recently rejected the allowance of the first Bitcoin-backed municipal bond. New Hampshire Governor Kelly Ayotte helped make the state into one of the crypto-friendliest in the nation when she signed HB 639 into law last week.
Known as the The Blockchain Basic Laws act, the bill provides protections for cryptocurrency innovation and use in the state while also allowing for the creation of a special blockchain dispute docket in the superior court.
"With Governor Ayotte's signature on HB 639, New Hampshire has once again demonstrated that it intends to lead the nation in blockchain innovation," said New Hampshire Representative Keith Ammon, the bill’s primary sponsor, in a statement.
“The Blockchain Basic Laws protect one of the most fundamental rights in the digital economy—the right of individuals to control their own digital assets through self-custody,” he added. “They also provide clear legal protections for blockchain developers, miners, validators, entrepreneurs, and businesses building the next generation of financial technology.”
The state’s latest blockchain legislation follows its passing of a strategic Bitcoin reserve last year. The bill, signed by Ayotte in May 2025, allows the state’s treasurer to invest up to 5% of its public funds in the leading crypto asset, alongside precious metals like gold and silver.
Ammon, who played a key role in that bill’s passage, told Decrypt at the time it was “one little way our state could hedge against inflation in the future."
“Today, with the signing of HB 639, we have taken another major step by enacting one of the most comprehensive blockchain rights laws in the country,” he said in a statement. “Entrepreneurs, investors, developers, and innovators across America should know that New Hampshire is open for blockchain business."
Despite its advances, the state’s executive council last week blocked a proposal that would have allowed the New Hampshire Business Finance Authority to facilitate a Bitcoin-backed municipal bond.
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Americká vláda převedla 2 874,9 BTC v hodnotě 183,28 milionu USD na Coinbase Prime. Celkem tam dnes poslala téměř 4 000 BTC, což vyvolalo spekulace o prodeji.
The U.S. government has transferred 2,874.9 Bitcoin, estimated to be worth $183.28 million, to Coinbase Prime. According to blockchain data analyzed by Galaxy Research, the transfer took place across Bitcoin blocks 957,893 and 957,894, originating from an address under government control.
Large-scale transfers trigger market attentionWith this recent move, the total amount of Bitcoin sent by U.S. authorities to Coinbase Prime today has reached nearly 4,000 BTC. These transactions have drawn the attention of market participants, with some observers speculating on possible intentions behind the transfer.
The coins transferred reportedly stem from a range of unrelated enforcement cases, including the BTC-e case and other seizures. It is considered highly unusual for government agencies to move assets from separate seizures in a single operation.
Mini dictionary: Coinbase Prime, an institutional platform operated by leading U.S. cryptocurrency exchange Coinbase, provides custody, trading, and other services for large or regulated clients. It is often used for managing significant digital asset transfers on behalf of institutions and governments.
Purpose of transfers remains unclearRecent speculation has centered on whether authorities are preparing these Bitcoin holdings for liquidation or if the transfers are connected to internal custody operations. The government has previously used Coinbase Prime for both asset management and for selling confiscated crypto holdings through auctions or direct transactions.
Many investors are watching to see if these movements point to the U.S. government planning to sell a portion of its Bitcoin holdings, especially given the timing and size of the transactions.
Uncertainty remains regarding the government’s intent, as no official statement has explained the reason for these significant transfers. Typically, such large-scale on-chain movements by government entities have preceded either asset sales or adjustments to custodial arrangements.
Strategic Bitcoin Reserve and policy contextIn March 2025, an executive order was signed establishing the Strategic Bitcoin Reserve, with oversight assigned to the Treasury Department. Treasury Secretary Scott Bessent stated that the government would not directly purchase Bitcoin for the reserve but would hold onto confiscated coins rather than sell them for fiat currency.
This position marked a policy change from previous practice, which usually saw the liquidation of seized cryptocurrency at auction.
Given this shift, today’s transfer to Coinbase Prime stands out, fueling debate about whether the government’s approach to seized digital assets is evolving. Since the assets trace back to various unrelated criminal cases, the consolidation and movement of these funds appear significant against the backdrop of the Strategic Bitcoin Reserve initiative.
DetailsAmountValue (approx.)DestinationLatest transfer2,874.9 BTC$183.28 millionCoinbase PrimeTotal transferred today~4,000 BTC~$255 millionCoinbase PrimeDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The US government just moved $288 million worth of Bitcoin and Ether to Coinbase Prime, the exchange’s institutional custody and trading arm. The deposits include crypto confiscated from three separate criminal cases: assets tied to Brian Krewson, the defunct BTC-e exchange, and Ryan Farace.
Where the crypto came from BTC-e was a cryptocurrency exchange seized by US authorities back in 2017 on money laundering charges. The platform was one of the earliest major exchanges to face a full government takedown, and forfeited assets from that case have been trickling through the legal system ever since.
Ryan Farace, along with his brother Joseph Farace, was involved in a drug trafficking operation that led to the forfeiture of over 4,000 BTC between 2018 and 2021. Ryan and Joseph were sentenced for their roles in 2023 and 2024, respectively.
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The government also made a smaller, related transfer of 2.44 BTC to Coinbase Prime addresses, suggesting this isn’t a one-off dump but part of a broader, methodical approach to managing its growing crypto inventory.
Why Coinbase Prime matters here Coinbase Prime is an institutional-grade platform built for large clients, including government agencies, that need custody services, over-the-counter trading, and structured liquidation capabilities.
The Department of Justice and the US Marshals Service have increasingly relied on regulated platforms like Coinbase to handle forfeited digital assets. The process typically works like this: assets are held in custody until all legal formalities surrounding forfeiture are completed, at which point they can be liquidated for the government’s benefit.
The use of Coinbase Prime specifically signals something worth noting. The government is choosing regulated, compliance-heavy infrastructure over ad hoc methods for managing these assets. That’s a far cry from the early days of federal crypto seizures, when the US Marshals Service literally auctioned off Silk Road Bitcoin in bulk lots to the highest bidder. Tim Draper famously bought nearly 30,000 BTC that way in 2014.
Market implications for Bitcoin and Ether holders Coinbase Prime facilitates OTC sales, which are specifically designed to minimize market impact. Large blocks of Bitcoin or Ether can be matched with institutional buyers directly, bypassing the public order book.
On-chain analytics firms can now track these government wallets in near real-time. Transparency means traders get advance warning of potential sales, but it also means every wallet movement gets amplified by social media and crypto news cycles.
Investors would be wise to monitor Coinbase Prime wallet activity and any subsequent announcements from the DOJ or US Marshals Service regarding auction schedules or liquidation timelines.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Rozhodnutí soudkyně Torresové před třemi lety odstartovalo obrat Ripple: XRP se po něm znovu dostalo na americké burzy a později přilákalo ETF i institucionální zájem. Ripple mezitím rozšířila byznys o stablecoin RLUSD, tokenizaci a velké akvizice.
After the SEC fight, Ripple bounced back with new deals, acquisitions, tokenization efforts, and XRP ETFs.
It has been three years since Judge Analisa Torres delivered her landmark ruling that Ripple’s programmatic sales of XRP on crypto exchanges did not constitute securities transactions. This decision remains one of the most important legal moments in the history of the industry that had long been vilified by regulators.
Issued on July 13, 2023, the ruling distinguished between XRP sold to institutional investors, which the court found violated securities laws, and tokens sold on public exchanges, which it said did not constitute securities transactions.
The decision triggered an immediate market reaction. The asset, for one, soared more than 70% in a single day as major US exchanges such as Coinbase, Kraken, and Gemini quickly relisted it after previously suspending trading following the SEC’s lawsuit.
The token staged a powerful rally in late 2024 and subsequently climbed above $3 in early 2025 before it tapped a new ATH in July that year. Although XRP later gave up part of those gains amid a broader market downturn, it stood above $1 on the ruling’s third anniversary.
Following the Torres ruling, Ripple continued expanding beyond XRP and launched its US dollar-backed stablecoin, RLUSD, in December 2024.
From Partnerships to Acquisitions Ripple partnered with African payments network Onafriq to facilitate cross-border payments between Africa and the rest of the world, using Ripple Payments months after the ruling. The following year, the company added the Axelar Foundation to its growing roster of strategic partners to support interoperability within XRP Ledger (XRPL).
It partnered with Clear Junction to ramp up euro payment rails for Ripple Payments and improve payout capabilities across Europe as well. Later that year, it collaborated with Archax to bring tokenized RWAs onto the XRPL. Ripple also worked with OpenEden to bring tokenized US Treasury bills to the network.
You may also like: The End of a Ripple Era: XRP ETFs Record First Red Week In Months XRP Stalls at $1.10: Could Quiet On-Chain Activity Be the Calm Before a Bigger Move? XRP’s On-Chain Data Flashes Warning While Sellers Continue to Dominate In 2025, South Korean institutional custody firm BDACS signed a strategic partnership with the company. An alliance was also made with the tokenization platform Ctrl Alt to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project. Meanwhile, BNY Mellon was appointed the primary custodian for RLUSD reserves.
On the acquisitions front, Ripple first announced the purchase of Standard Custody & Trust Company to strengthen its regulatory compliance. The acquisition officially closed in June 2024.
The next major acquisition came in April 2025 with the $1.25 billion purchase of global prime broker Hidden Road. The transaction expanded the company beyond payments into institutional prime brokerage, clearing, and financing, while positioning RLUSD and the XRP Ledger at the center of Hidden Road’s post-trade infrastructure.
Entering the ETF Era The Torres ruling also paved the way for XRP’s entry into the US exchange-traded fund market in a major milestone for institutional adoption. While several asset managers, including Bitwise, Franklin Templeton, Grayscale, Canary Capital, and 21Shares, filed applications for spot XRP ETFs over the following months as regulatory clarity around the asset improved, the products did not begin launching until late 2025.
Since they went live, these funds have dominated crypto ETF flows and have only recently suffered a setback. So far in July, XRP ETFs have recorded an outflow of $2.50 million after an impressive nine-week green-only streak.
Advokát XRP John Deaton tvrdí, že SEC žalovala vedení Ripple individuálně, aby urychlila dohodu. Ripple spor ustál a soud později rozhodl, že XRP není cenný papír a že programové prodeje na burzách nepředstavují transakce s cennými papíry.
XRP (CRYPTO: XRP) attorney John Deaton on Sunday said the SEC sued Ripple executives individually to force a faster settlement, calling it a deliberate intimidation campaign that reached their families.
How Far Did The SEC’s Intimidation Tactics Actually Go?Deaton argued on X that former SEC Chair Jay Clayton explicitly stated in a prior interview that suing individual executives, even in non-fraud cases, gives the government settlement leverage over the company.
“When the full weight and force of the United States Government comes after you, I don’t care who you are — it can be quite intimidating,” Deaton wrote. “That’s why Clayton did it.”
Prosecutors attempted to subpoena every credit card and bank statement belonging to Brad Garlinghouse and co-founder Chris Larsen, including records from their wives and family members, despite both executives having already handed over every XRP transaction ever made.
The judge shut that request down.
Deaton identified those same prosecutors as the team an appellate court later described as “arbitrary and capricious” and the same lawyers sanctioned in the Debt Box case for committing fraud upon the court.
The SEC complaint was drafted in a fraud-like style despite the agency never alleging fraud, a tactic Deaton said was designed to pressure the defendants into settling.
The same team lied to the court, claiming Deaton had threatened to beat up SEC staff, and asked the court to bar him from serving as amicus counsel on behalf of 75,000 XRP holders.
However, Garlinghouse and Larsen refused to settle through all of it, winning the case with those 75,000 holders behind them.
From Delisted To Institutional: How XRP Survived The SECRipple fought through four years of litigation and roughly $150 million in legal fees. A federal judge ultimately ruled that XRP itself was not a security and that programmatic sales on exchanges did not constitute securities transactions.
CEO Brad Garlinghouse revealed last week that Ripple had come close to shutting down entirely and distributing its XRP holdings to shareholders before choosing to fight.
Ripple has since secured licenses across multiple jurisdictions and expanded its U.S. operations, with banks actively building on its payments infrastructure.
XRP Price Update: Key Levels to WatchWhale activity on the XRP Ledger dropped sharply as crypto analyst Ali Charts noted on Monday.
Transactions worth more than $1 million fell from 70 over the past week to just 2 on Monday.
XRP is sitting below its 20-day EMA at $1.1044 and 50-day EMA at $1.1606. Meanwhile, buyers have repeatedly defended the $1.03 to $1.05 support zone, but the falling trendline keeps producing lower highs.
Key levels for XRP: $1.03 — losing this on a daily close confirms a breakdown and opens $1, then $0.95 $1.10 — first level XRP needs to reclaim to break the descending trendline Image: Shutterstock
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Cardano hard fork van Rossem je blízko konečné ratifikaci, když DReps schválili 76,81 % a SPOs 52,76 % a 93 % produkce bloků už běží na Protocol Version 11.
Intersect has released an update on the status of the van Rossem hard fork, a pivotal upgrade for the Cardano blockchain. This intra-era hard fork will implement Protocol Version 11, introducing performance enhancements to Plutus, improved ledger consistency, and heightened node security. The upgrade also includes new primitives, VRF key uniqueness, and revised rules for reference inputs.
Ratification timeline and governance processThe Cardano network is in the closing 12 hours of epoch 642, a key window for completing the governance procedures required for the hard fork’s ratification. Cardano is a proof-of-stake blockchain platform focused on scalable and secure decentralized applications and known for its staged approach to development and rigorous peer review process.
Governance actions, including the ratification of the van Rossem hard fork, are currently under way. If ratification is not achieved by the end of epoch 642, the next two scheduled dates for possible enactment are July 18 and July 23. All actions must be completed before the hard fork’s expiration deadline on July 18.
Ratification is dependent on meeting several thresholds in Cardano’s on-chain governance, including support from Delegated Representatives (DReps), stake pool operators (SPOs), and approvals by Constitutional Committee (CC) members.
On-chain voting and adoption metricsThe van Rossem hard fork has surpassed key on-chain thresholds. DReps have provided 76.81% approval, exceeding the 60% requirement, while SPOs have reached 52.76%, passing the 51% threshold. In the Constitutional Committee, four out of five required approvals are in, though a final fifth vote—or an abstain—remains necessary. The CC is a governing body responsible for overseeing protocol changes and ratifications within Cardano’s evolving decentralized governance framework.
With on-chain voting close to completion, community attention has shifted to the governance-action priority system. Under the ledger rules, a hard fork ratification takes precedence over any other active governance actions, meaning that all simultaneous proposals will be postponed until the hard fork ratification is resolved.
Ecosystem adoption continues to grow, with 93% of block production in the current epoch now operating on Protocol Version 11. Exchange readiness has also increased, reaching 84.15% of tracked liquidity, which surpasses the set requirement.
StakeholderApproval RateRequired ThresholdDReps76.81%60%SPOs52.76%51%Constitutional Committee4 of 5 approvals5 approvalsBlock production (Protocol V11)93%–Exchange readiness84.15%–Mini dictionary: Intersect is a member-based organization focused on supporting and guiding decentralized governance within the Cardano ecosystem, bringing together various community stakeholders and institutions to coordinate protocol development and upgrades.
In its latest report, Intersect confirmed that the Hard Fork Working Group has formally recommended that the van Rossem upgrade proceed to ratification.
Hard Fork Working Group members have formally recommended ratification of the van Rossem upgrade, with Intersect noting that block production and exchange readiness have both surpassed the set thresholds.
To meet the final requirements, at least one additional Constitutional Committee member must vote or abstain, bringing the tally to the necessary five approvals. Until this occurs, the pending governance actions will be delayed in accordance with Cardano’s established rules.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Chainlink překonal 900 000 nevyprázdněných peněženek $LINK na Ethereu, což je rekord, zatímco cena zůstává poblíž lokálních minim kolem 7,80 USD. Santiment to označuje za tiché hromadění.
@chainlink has crossed 900,000 non-empty $LINK wallets on Ethereum, an all-time high, with roughly 20,000 new addresses added in the past month alone. The milestone lands while the token trades near local lows in the $7.80 range, a gap that on-chain analytics firm @SantimentData describes as quiet accumulation: holders building exposure while the price stays flat and broader market attention sits elsewhere.
Wallets Rising, Price Not Following The divergence is not new to Chainlink watchers. Santiment data shows $LINK added more than 8,000 non-empty wallets in just five days earlier this month, pushing the total holder count toward 900,000. That kind of wallet growth at a price near local lows typically signals accumulation rather than speculation. The broader trend also extends to larger holders. The number of Chainlink wallets holding at least 100,000 $LINK climbed to a fresh all-time high earlier in 2026, with 805 such addresses on record. Over a seven-week stretch, that cohort expanded by 8.2%, marking the fastest pace of accumulation since the metric was tracked.
Santiment classifies these as whale-tier addresses, typically associated with institutions, high-net-worth individuals, and long-term strategic holders. The growth in this bracket does not come from short-term speculation. A wallet holding nearly $1 million in a single altcoin is likely structured around a multi-month or multi-year thesis.
Adoption Running Ahead of the Chart The on-chain activity sits against a backdrop of expanding real-world integrations. Robinhood activated its Ethereum-based layer 2 blockchain mainnet on July 1, 2026, and selected Chainlink to provide data feeds, data streams, and its cross-chain interoperability protocol from the initial block, powering tokenized stock tokens and on-chain products for millions of users. The DTCC also selected Chainlink's technology in May 2026 to power a new collateral system targeted for the fourth quarter, while more than fifty banks across sixteen countries joined Chainlink's Project Pangea in June 2026 to build faster foreign exchange settlement.
Chainlink has had one of its biggest institutional stretches of the year, and the price has barely noticed. The broader pattern is clear: $LINK has fallen around 20% over the past three months despite positive ecosystem announcements, showing that the market has been discounting good news and focusing more on macro and technical pressure than on long-term adoption headlines. Whether the steady build in holder counts eventually translates into price momentum remains the central question for Chainlink in the months ahead.
Sources:
Blockchain Reporter: Chainlink Whale Wallets Hit All-Time High, Signaling Solid Accumulation
Crypto Briefing: Chainlink Posts Two Highest Network Growth Days of 2026
MEXC: Chainlink LINK Price Prediction July 2026
Mizuho uvedla, že schválení žádosti Circle o národní trust bankovní licenci je pozitivní, ale neřeší slabší růst USDC ani rostoucí konkurenci. USDC od března ztratil asi 7 miliard USD v oběhu.
Jeremy Allaire, Co-Founder, Chairman and CEO. (HK Fintech Week)Summary
Mizuho said Circle's final OCC approval for a national trust bank is a positive step but doesn't address the company's core challenges. The bank pointed to USDC's declining market capitalization since March as a key concern. The report also warned that Open USD, a new consortium-backed stablecoin, could accelerate competition and pressure Circle's business.Circle Internet Group's (CRCL) final approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank is a positive milestone, but investors may be overestimating its significance, according to Japanese investment bank Mizuho.
"While a positive development, we believe the market reaction is likely overly optimistic, as this does not resolve fundamental issues that have been hurting the stock of recent," analysts led by Dan Dolev said in the Friday report.
Shares of the stablecoin issuer closed 5% higher on Friday following the news. The stock on Monday has given back most of those gains, trading 4.7% lower at $63.03 at publication time.
Mizuho reiterated its neutral rating, arguing that the regulatory approval does not resolve the fundamental issues weighing on the stock.
Those challenges include a decline in USDC's market capitalization since March 2026, which the bank said raises questions about the stablecoin's growth trajectory.
Circle's USDC stablecoin has faced headwinds in recent months, with its circulating supply falling by roughly $7 billion from its March peak to about $74 billion in July as redemptions outpaced new issuance. The contraction marks the largest monthly decline since 2022 and has raised concerns among analysts that slowing supply growth could weigh on the firm's transaction and reserve-income outlook, even as on-chain usage remains strong
The stablecoin market posted its largest monthly contraction in years in June, signaling an outflow of on-chain liquidity as crypto markets remained stuck near their 2026 lows.
The analysts also highlighted increasing competitive pressure from Open USD, a newly launched, GENIUS Act-compliant dollar-backed stablecoin developed by a consortium of more than 140 financial and technology companies, including Mastercard (MA), Stripe and Coinbase (COIN).
According to Mizuho, the emergence of consortium-backed stablecoins underscores the risk that the sector becomes increasingly commoditized, making it more difficult for Circle to sustain its competitive position despite securing a national trust bank charter.
"We remain on the sidelines," the report added.
Read more: Circle soars after securing U.S. trust bank approval in crypto expansion
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
While much of DeFi has been busy watching its TVL shrink, Morpho has been doing the opposite. The decentralized lending protocol now holds approximately $2.8 billion in USDC deposits, making it the single largest venue for USDC lending in decentralized finance.
How Morpho became DeFi’s stablecoin magnet Morpho’s architecture sets it apart from traditional pooled lending protocols. Unlike systems where everyone’s deposits sit in one big liquidity pot with uniform risk parameters, Morpho uses a modular, curator-managed vault system. Curators, most notably Steakhouse Financial, manage vaults with tailored strategies that optimize yield while adjusting risk exposure. Steakhouse Financial’s curated vaults handle significant portions of the platform’s USDC deposits, including hundreds of millions on Base.
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Morpho previously raised $175 million at a $2 billion valuation from investors including a16z and Paradigm. The protocol operates on both Ethereum and Base.
Strategic partnerships fueling capital inflows Morpho secured a major distribution channel when Coinbase introduced USDC lending powered by Morpho’s vault technology in September 2025. That partnership put Morpho’s infrastructure in front of Coinbase’s user base, funneling capital from retail and institutional users alike.
In June 2026, Morpho teamed up with Zama and Steakhouse Financial to launch the first confidential DeFi yield vaults. These allow users to make encrypted USDC deposits while still earning on-chain yield, a product designed for institutional investors who want DeFi returns without having their positions visible to anyone with a block explorer.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Aave zvolila Chainlink CCIP jako výchozí infrastrukturu pro cross-chain aktivitu napříč ekosystémem, včetně Aave App a Stable Vaults. CCIP nově zajišťuje i vklady, výběry, rebalancování vaultů a přesuny aktiv.
Aave has selected Chainlink’s Cross Chain Interoperability Protocol as the default infrastructure for cross chain activity across its ecosystem, expanding the integration to cover the Aave App and Stable Vaults.
CCIP already supports transfers of Aave’s GHO stablecoin and cross chain governance through the Aave Delivery Infrastructure, known as a.DI. The system will now also handle the Aave App’s cross chain operations, including deposits, withdrawals, vault rebalancing, yield optimization, and asset transfers.
The Aave App uses Stable Vaults to move deposits and optimize yield across Ethereum, Base, and Arbitrum. CCIP will process those actions in the background, removing the need for users to manually bridge assets before depositing them into another network.
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Aave Labs introduced Stable Vaults as an infrastructure product that allows businesses to add fixed rate stablecoin yield to their own applications. The same vault technology already powers savings products inside the Aave App.
GHO and Savings GHO also use CCIP through Chainlink’s Cross Chain Token standard. GHO is currently available across eight networks, with CCIP providing a shared system for moving the stablecoin between supported chains.
The system uses a lock and mint model when moving GHO from Ethereum to supported layer 2 networks. For transfers between other networks, CCIP can use a burn and mint structure designed to preserve GHO’s total supply and fungibility.
Aave governance uses the same infrastructure through a.DI, which allows proposals approved on Ethereum to be executed across other networks where the protocol operates.
The expanded integration gives Aave one system for handling token transfers and the instructions attached to them. This allows actions such as deposits, withdrawals, vault reallocations, and governance executions to move data and assets together instead of relying on separate infrastructure for each operation.
Aave said the decision builds on its existing relationship with Chainlink. Chainlink Data Feeds have served as the protocol’s oracle infrastructure since January 2020, while CCIP operates through the same broader decentralized oracle network.
Each CCIP bridge lane used by Aave is supported by at least 16 independent node operators distributed across different organizations, locations, and infrastructure providers. The system also applies rate limits that restrict the amount of value that can move between networks during abnormal conditions.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Bonzo Lend na Hedera přišlo o zhruba 9,05 milionu USD po zneužití chyby v oraclu Supra. Útočník během osmi sekund vyčerpal 6,63 milionu USDC a 34,52 milionu wrapped HBAR v půjčkách.
A single manipulated price feed let an attacker turn 250 SAUCE tokens worth a few dollars into $9.05 million in borrowed USDC and wrapped HBAR in eight seconds.
Bonzo Lend, a lending protocol on the Hedera network, lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on July 11.
The attacker deposited 250 SAUCE tokens worth a few dollars as collateral, then submitted a manipulated price update that inflated the token's HBAR-denominated value, according to a preliminary incident report Bonzo published. The account subsequently borrowed 6.63 million USDC and 34.52 million wrapped HBAR, worth roughly $9.05 million at the report's reference HBAR price.
Fake Price, Fast ExitA second wallet borrowed roughly $1 million more while the abnormal price persisted, then contacted Bonzo through Discord, identified itself as a white-hat responder and said it would return the funds. That put total abnormal borrowing at about $10.06 million before the return.
Bonzo's own X account said the lend protocol had been temporarily paused while its team investigated volatile markets, and later confirmed it remains paused pending recovery work. Supra Labs, whose oracle contract processed the bad price, published its own incident report attributing the failure to a degenerate BLS signature and zero-valued public key that its Hedera verifier wrongly accepted for a single SAUCE/wHBAR feed, while saying its core aggregation and other feeds were unaffected.
Ecosystem FalloutHedera's total value locked fell nearly 40% in 24 hours after the exploit, and Bonzo's own TVL plunged 77% in the same window. DefiLlama now shows Bonzo's TVL at $3.06 million.
A security researcher's technical writeup said more than $5.25 million of the stolen funds was bridged to Ethereum via LayerZero and swapped into ETH within hours.
Uniswap spustil aukce CCA a nástroj Uniswap Auctions na Robinhood Chain. Uživatelé mohou v Uniswap Web App aukce spouštět, prohlížet, přihazovat i uplatnit na jednom místě.
Robinhood Chain auction listings will now surface directly in the Uniswap Web App, where users can launch, browse, bid and claim tokens in one place.
Uniswap said its Continuous Clearing Auctions, known as CCA, and Uniswap Auctions tool are now live on Robinhood Chain, letting teams run fully onchain token sales on the network.
The official Uniswap account said the launch lets teams "run fully onchain token auctions," "discover a credible market price" and "bootstrap liquidity on Uniswap v4," the protocol's latest exchange version.
As part of the rollout, Robinhood Chain auctions will now be listed inside the Uniswap Web App rather than a separate interface. Uniswap said users will be able to "launch, browse, bid, and claim all in one place" once a project sets up an auction on the chain.
A companion post from Uniswap's blog said teams can configure and launch an auction directly from the web app, with CCA functioning as the protocol's liquidity bootstrapping mechanism, running price discovery over multiple blocks before tokens move to a Uniswap v4 pool.
The integration extends Uniswap's no-code auction tool launched last month to Robinhood's own network, which went live with its mainnet in early July and has since seen surging activity tied to memecoin trading.
DFINITY spustila MULTI/DEX v režimu Play Mode na Internet Computer jako komunitní stress test. Za 24 hodin přesáhl simulovaný objem obchodů 243 milionů USD.
DFINITY Goes Live with Community Stress Test@Dfinity has activated MULTI/DEX in Play Mode on multidex.ai, kicking off a structured community evaluation phase for what the project describes as a "DeFi 3.0" protocol built entirely on Internet Computer ($ICP).
The exchange went live on July 11, and simulated trading volume crossed $243 million within 24 hours by July 13, according to the platform's public dashboard. All balances during this phase are dummy assets, meaning no real capital is at risk. Each participant starts with $100,000 in simulated funds and competes on a public leaderboard.
The exchange recorded over $162 million in volume and more than $129,000 in simulated fees on its first day alone.
How MULTI/DEX WorksMULTI/DEX runs 100% on-chain and lists Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), and $ICP against an ICPUSD quote asset. It combines a central limit order book with an automated market maker (AMM), and supports both spot trading and margin positions with up to 10x leverage. An insurance fund built from 5% liquidation penalties is designed to absorb bad debt and keep the exchange solvent.
The infrastructure sits under the governance of the Network Nervous System (NNS), Internet Computer's on-chain algorithmic governance mechanism, which directly orchestrates and updates the network. NNS proposal 142,743 created a dedicated SEV-enabled subnet with confidential computing to host the exchange, spanning seven nodes across seven independent providers and seven jurisdictions. A follow-up proposal on July 9 authorized deployment of the exchange canisters on that subnet.
The Play Mode phase is not just a product demonstration. DFINITY is using it as a formal community evaluation ahead of an official GitHub release. Developers are actively encouraged to probe the protocol for vulnerabilities, with bugs and exploits directed to a dedicated bounty email address. The broader goal is to gather enough community confidence to submit MULTI/DEX to an NNS vote for permanent, autonomous, ownerless execution.
DFINITY founder Dominic Williams framed the launch as a direct challenge to centralized exchanges, describing the project as "true DeFi that mimics CEXs." The play-mode period will determine whether the community endorses handing full control of the platform to the NNS.
Sources:
BeInCrypto via Yahoo Finance: ICP Traders Pile $243 Million Into Multi/DEX
DFINITY Developer Forum: MULTI/DEX Thread
DFINITY: The Network Nervous System, Governing the Internet Computer
SHIB čelí novému prodejnímu tlaku poté, co za posledních 24 hodin zamířilo na centralizované burzy asi 96 miliard SHIB, zatímco odlivy činily přibližně 112 miliard SHIB. Cena se drží kolem 0,0000042 USD, blízko několikaměsíčních minim.
Shiba Inu is experiencing renewed selling pressure after almost 100 billion SHIB entered centralized exchanges over the past 24 hours. New on-chain data shows that exchange inflows reached about 96 billion SHIB, while outflows stood at approximately 112 billion SHIB during the same period.
Technical setbacks for SHIBShiba Inu, an Ethereum-based meme coin with a loyal community, continues to struggle below major resistance levels. The asset is trading near $0.0000042, close to multi-month lows, reflecting a weak market structure that has persisted for several months.
Current technical analysis reveals that the 50-day, 100-day, and 200-day exponential moving averages (EMAs) are all positioned above SHIB’s current price, indicating ongoing bearish momentum. After forming a rising wedge pattern earlier in the year, the token broke lower and has yet to confirm a meaningful reversal.
Attempts to recover since then have failed, with each bounce capped by lower highs. The bearish outlook intensified when sellers effectively absorbed upward moves in June and July, prompting further caution among investors.
On-chain activity raises concernsLarge volumes of SHIB moving onto exchanges often precede increased selling activity or shifting investor strategies. When more tokens are deposited into exchange wallets, the available supply for trading rises and applies further pressure to prices if market demand remains subdued.
Despite the elevated inflows, overall netflows have stayed negative as outflows modestly surpassed inflows. However, analysts note that a sequence of daily inflows near the 100 billion SHIB mark signals that holders may still be preparing to sell or adjust their positions.
Momentum indicators also underscore market weakness. Trading volumes are lower compared to earlier in the cycle, and the relative strength index (RSI) remains below the neutral 50 threshold, pointing to limited buying conviction from bulls.
IndicatorCurrent Status24h Exchange Inflows96 billion SHIB24h Exchange Outflows112 billion SHIBCurrent Price$0.0000042Below 50-day EMA?YesRSIBelow 50Mini dictionary: Exponential Moving Average (EMA) — A type of moving average that gives more weight to recent prices in an asset’s price data, often used to identify trend direction and support or resistance on a trading chart.
Market sentiments and investor behaviorSo far, SHIB has not seen strong signs of accumulation or renewed investor confidence. Unlike previous cycles when rallies were supported by robust demand, the current market has stabilized with less enthusiasm from both retail and institutional buyers.
Nevertheless, not every exchange inflow signals imminent selling. Some participants may be transferring SHIB for portfolio adjustments, liquidity needs, or arbitrage opportunities rather than immediate liquidation.
Exchange inflows often reflect holders’ intentions to reposition, but a lack of panic-driven withdrawals and stable total exchange reserves suggest that the market is not experiencing widespread fear at this stage.
Still, persistent negative momentum and large inflows continue to weigh on the outlook, leaving sellers in control as SHIB trades at its lowest levels in several months.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoinová peněženka neaktivní sedm let přesunula 2 931 BTC v hodnotě asi 188 milionů USD. Šlo o první onchain pohyb od doby, kdy se Bitcoin obchodoval kolem 6 500 USD.
A Bitcoin wallet dormant since the cryptocurrency traded near $6,500 has transferred 2,931 BTC worth about $188 million, reviving onchain activity after seven years.
Summary
A Bitcoin wallet inactive for seven years has moved 2,931 BTC worth about $188 million. Onchain data showed the wallet last became active when Bitcoin traded near $6,500, leaving the holder with an estimated tenfold gain. Whale sized transfers continue to dominate Bitcoin exchange inflows, a trend that analysts have historically linked to selling pressure. Blockchain intelligence platform Arkham reported that the long-inactive holder moved the Bitcoin from wallet “356my” to a new address, “bc1qn”, on Sunday. The transfer is the wallet’s first recorded onchain movement since it last became active when Bitcoin was priced at roughly $6,500.
With Bitcoin now changing hands at around $64,000, blockchain analytics platform Onchain Lens estimated the holder is sitting on nearly a tenfold gain from the original position.
A Bitcoin whale just woke up after 7 years.
2,931 $BTC (~$188M) was moved after sitting untouched since BTC traded at ~$6.5K.
Today, with BTC above ~$64K, the same stack is worth nearly 10x more.
Data credit: @arkham pic.twitter.com/y0JXIM91yK
— Onchain Lens (@OnchainLens) July 12, 2026 Whale transfers continue to dominate exchange flows The latest movement comes as large Bitcoin holders continue to account for most transfers into cryptocurrency exchanges, a trend that onchain data has linked to rising selling pressure.
CryptoQuant’s exchange whale ratio chart showed that about 99% of Bitcoin deposited to exchanges currently comes from the 10 largest individual transfers. The metric stood at 0.99 at the time of publication, indicating that whale-sized transactions continue to dominate exchange inflows.
According to CryptoQuant, elevated whale exchange ratios have historically been associated with bearish market conditions because large deposits are more likely to precede sizeable sell orders than routine transfers from retail investors.
Separately, data from Coinglass classifies transfers worth at least $10 million as whale transactions. Such movements have accounted for most Bitcoin flowing to exchanges in recent months, increasing trader focus on whether large holders are preparing to sell.
Selling pressure has also persisted from another direction. Data from Farside Investors showed that U.S. spot Bitcoin exchange-traded funds recorded $197 million in net inflows during the week leading up to Friday, although the products posted $4.51 billion in net outflows throughout June, their weakest monthly performance on record.
Dormant wallets remain under close watch Older Bitcoin wallets have continued attracting market attention because many are associated with early miners, long-term holders, or defunct trading platforms.
Earlier this year, crypto.news reported that a dormant whale destroyed 107 BTC worth about $8.3 million by sending the coins to an unrecoverable burn address after nearly 11 years of inactivity. Blockchain security firm AMLBot said the transactions may have been linked to the collapsed Mt. Gox exchange, although no entity behind the transfers was identified.
In a separate case reported by crypto.news, another Satoshi-era holder transferred 2,650 BTC worth more than $200 million to trading firms FalconX and Cumberland while retaining nearly 6,000 BTC.
Although those transfers did not confirm an immediate sale, market participants closely tracked the movement because large transactions from early Bitcoin holders can introduce additional supply if the coins eventually reach exchanges.
MEXC rozšiřuje nabídku tokenizovaných akcií a ETF Ondo o pět nových párů, včetně SOXLON/USDT, SOXSON/USDT, HALON/USDT a CORZON/USDT. Na spotový trh přidá také SKHYON/USDT sledující SK hynix (Nasdaq: SKHY).
MEXC, a pioneer in 0-fee digital asset trading, announced the addition of five Ondo tokenized stock and ETF trading pairs to its spot market, the latest expansion of its ongoing collaboration with Ondo Finance. The new pairs cover the semiconductor, energy and AI infrastructure sectors, expanding the range of tokenized U.S. equities available to users and allowing them to trade these assets using USDT.
The trading pairs include tokenized stocks and ETFs tracking Direxion Daily Semiconductor Bull 3X ETF (SOXLON/USDT), Direxion Daily Semiconductor Bear 3X ETF (SOXSON/USDT), Halliburton (HALON/USDT) and Core Scientific (CORZON/USDT), all now open for trading on MEXC’s spot market.
SK hynix completed its Nasdaq listing on July 10, 2026, raising $26.5 billion in one of the largest U.S. listings this year, with shares initially trading under the ticker SKHYV before switching to SKHY on July 13, 2026. The company is a leading global supplier of high-bandwidth memory (HBM) chips, a component in high demand amid the expansion of AI infrastructure. To meet user demand for trending U.S. stocks, MEXC will add SKHYON/USDT, tracking SK hynix (Nasdaq: SKHY), to the spot market at 13:30 on July 13, 2026 (UTC).
Ondo Finance focuses on bringing traditional financial assets on-chain through compliant infrastructure, allowing users to access assets such as U.S. Treasuries, stocks and ETFs in a blockchain-native format, with each tokenized asset backed by the corresponding underlying security held through regulated custodial brokers. This deepened collaboration with Ondo reflects MEXC’s continued build-out in the tokenized real-world asset space. As a one-stop trading platform, MEXC provides users with diverse access to global markets, offering both Ondo’s tokenized stocks and RealStocks, a product that allows users to hold real share ownership and dividends.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
Hyperliquid dosáhl open interestu přes 11 miliard USD, což je nejvyšší úroveň v roce 2026. Platforma zároveň drží zhruba 70 % objemu on-chain perpetual futures.
Activity on Hyperliquid, a decentralized perpetual futures platform, has surged to a new peak with over $11 billion in open positions, marking the highest level for the year. This development reflects growing interest in the platform, which operates on its proprietary Layer 1 blockchain. The increase includes significant engagement in non-crypto markets, such as gold and equities, through its HIP-3 markets. Hyperliquid already accounts for about 70% of all on-chain perpetual futures volume, highlighting its dominant role in the sector. This milestone comes as the platform continues to attract interest amid a backdrop of robust global market activity.
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Key Takeaways The surge in open positions on Hyperliquid suggests increased confidence and engagement from market participants, indicating a potential upward trend in user activity. Pricing within related prediction markets shows a minor increase in the likelihood of Hyperliquid reaching the $100 target by the end of 2026, now at 41.5% YES. The platform’s ability to capture a substantial share of both crypto and non-crypto markets appears to support its continued growth and relevance in the sector. What to Watch Market participants will be observing whether Hyperliquid can sustain this level of engagement and whether it will translate into further price increases, particularly towards the $100 target by December 31, 2026. Key developments to monitor include potential partnerships, technological advancements, and institutional interest, which could further influence market confidence. Additionally, any security incidents or regulatory challenges could impact market sentiment and alter current pricing expectations.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 41.5% — — View market → January 1 2027 5.4% — — View market → January 1 2027 4% — — View market → January 1 2027 70.5% — — View market → January 1 2027 9.1% — — View market → January 1 2027 4.5% — — View market →
MicroStrategy zvýšila rezervy v dolarech na 3 miliardy USD po prodeji akcií za 466,7 milionu USD a bitcoinové zásoby nechala beze změny na 843 775 BTC. MSTR v předobchodní fázi klesly o 3 %.
MicroStrategy, a leading enterprise analytics and software firm, announced an increase to its US dollar cash reserves, adding $466.7 million last week through sales of common stock. The move raised the company’s USD reserve to $3 billion, according to a recent regulatory filing published on Monday.
MicroStrategy’s capital raise and reservesThe proceeds were secured via an at-the-market equity program, which allows the company to sell shares to raise capital as market conditions allow. MicroStrategy reported that it holds this substantial cash reserve to support dividends on its preferred shares and interest payments on its outstanding debt obligations.
Despite recent market volatility, MicroStrategy made no changes to its bitcoin position last week. The firm’s bitcoin holdings remain at 843,775 BTC, a figure that has made it one of the largest corporate holders of the cryptocurrency internationally.
MicroStrategy now holds its US dollar reserve at $3 billion, while its bitcoin position remains unchanged at 843,775 coins acquired for a total of approximately $63.69 billion at an average purchase price of $75,476 per bitcoin.
According to the company, the aggregate purchase price for these bitcoin holdings, including fees and expenses, totals about $63.69 billion. The average purchase price per coin stands at $75,476.
MSTR shares were down 3% in pre-market trading as bitcoin traded at $62,800 following a weekend decline for the largest cryptocurrency by market capitalization.
MetricValueUSD Reserve$3 billionBitcoin Holdings843,775 BTCTotal Bitcoin Purchase Price$63.69 billionAverage Price per Bitcoin$75,476Current Bitcoin Price$62,800MSTR Pre-market Change-3%Founded in 1989 and headquartered in Tysons Corner, Virginia, MicroStrategy is known for its business intelligence and cloud-based analytics platforms. In recent years, the company has become widely recognized for its aggressive bitcoin accumulation strategy, spearheaded by Executive Chairman Michael Saylor.
Crypto market dynamicsBitcoin experienced downward pressure over the weekend, falling through several support levels to its current price of $62,800. The decline in the cryptocurrency’s price corresponded with the drop in MSTR’s stock seen before markets opened.
Other factors, including renewed tensions in the Middle East and ongoing profit-taking across major crypto assets, have added volatility after a bullish streak in the previous week.
Crypto market analysts are closely watching developments in inflation data and earnings reports this quarter, anticipating their effect on both traditional equities and digital assets.
While broader market sentiment has been mixed, MicroStrategy’s steady bitcoin position signals continued confidence in the long-term prospects of the cryptocurrency.
Recent fluctuations have not prompted additional purchases or sales by the company, as its reserves are currently allocated for corporate financial obligations.
MicroStrategy’s dual strategy of maintaining a large bitcoin treasury while securing traditional dollar reserves continues to set it apart from other public companies operating in the digital asset sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple podpořila britskou tokenizační strategii a uvedla, že tokenizované trhy ve Spojeném království by mohly do roku 2035 dosáhnout ročního objemu 33 miliard GBP, tedy asi 45 miliard USD. Firma zároveň pokračuje v práci s britským ministerstvem financí na rozvoji digitálních trhů.
Ripple has announced that onchain financial products are rapidly transforming the global finance sector, signaling a clear shift from the experimental phase of blockchain toward widespread adoption. The technology company, which specializes in digital payment protocols and the XRP Ledger, cited increasing evidence that tokenized funds, bonds, and repurchase agreements (repos) are delivering significant improvements in settlement speed, cost reduction, transparency, and round-the-clock operational efficiency when compared to traditional systems.
UK takes the lead in digital assetsThe UK government has set out a strategic plan to establish itself as a center for tokenized wholesale finance. Ripple stated that the country’s robust capital markets, strong regulatory framework, and long-standing credibility in global finance give it a competitive advantage in driving digital asset innovation.
Industry forecasts suggest tokenized wholesale markets in the UK could achieve up to £33 billion, or approximately $45 billion, in annual economic output by 2035. Advocates claim that moving conventional financial instruments onto blockchain networks could deliver notable economic benefits as well as modernize financial infrastructure.
Ripple projects that tokenized funds, bonds, and repos are already enabling faster settlements, lower operational costs, and continuous market access, supporting the case for blockchain as a core element of future financial infrastructure.
Ripple also confirmed its ongoing participation in the UK Treasury’s Wholesale Digital Markets Taskforce. The Taskforce, working with regulators and private firms, is developing policies to advance the United Kingdom’s digital markets and support the rollout of blockchain-based financial products.
The UK initiative aims to increase the tokenization of real-world assets, including government bonds, corporate debt, money market funds, and repos. These efforts are designed to modernize financial markets while enabling real-time, transparent, and resilient transactions.
Mini dictionary: Repurchase agreement (repo), a short-term loan where one party sells securities to another with an agreement to repurchase them at a set date and price. Repos are widely used in money markets to manage liquidity between financial institutions.
Ripple and institutional adoption of blockchainThe momentum in tokenization is not confined to the UK. Financial institutions around the world are increasingly recognizing the advantages of bringing capital markets onchain. JPMorgan, one of the largest global banks, has underlined the growing importance of tokenized assets and programmable money, describing them as building blocks for the financial market’s next evolution.
Country/InstitutionTokenization StrategyAnnual Output TargetUKWholesale market and real-world asset tokenization£33 billion ($45 billion) by 2035RippleXRP Ledger as core infrastructure for regulated digital marketsGlobal scale (no explicit target)JPMorganAdoption of tokenized assets and programmable moneyNo direct output target statedRipple maintains that the XRP Ledger is well positioned to meet the needs of regulated digital markets. David Schwartz, Ripple’s Chief Technology Officer, has recently highlighted tokenized loans, securities, and repo markets as a significant opportunity for the network, stating that the platform could serve as an institutional backbone for bond issuance, securities processing, tokenized lending, and wholesale funding.
Ripple is working with regulators, financial institutions, and technology partners to shape frameworks that support regulated tokenization and encourage adoption of blockchain solutions in global finance.
As governments and leading institutions accelerate tokenization strategies, Ripple aims to ensure the XRP Ledger is prepared to facilitate large-scale, regulated trading of real-world assets. Observers say that the global financial system is increasingly positioning blockchain not simply as a vehicle for cryptocurrencies but as a foundational technology for markets and payments infrastructure.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Soud v kauze SEC vs. Ripple rozhodl, že XRP samo o sobě není cenný papír. Zároveň ale označil přímý prodej XRP institucionálním investorům v hodnotě 728 milionů dolarů za neregistrovanou nabídku cenných papírů.
Today marks the three-year anniversary of what the digital asset community calls "The XRP Victory Day".
On July 13, Judge Analisa Torres of the U.S. District Court for the Southern District of New York delivered a landmark summary judgment in the SEC v. Ripple Labs case, fundamentally reshaping the cryptocurrency regulatory landscape.
The historic ruling decisively declared that XRP, in and of itself, is not a security.
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The historic Torres rulingThe legal warfare initiated by the U.S. Securities and Exchange Commission (SEC) in December 2020 sought to classify all sales of XRP as unregistered investment contracts.
Judge Torres's final ruling, however, rejected this attempt by relying on the decades-old Howey Test for modern digital assets.
Judge Torres ruled that Ripple’s programmatic sales of XRP on public digital asset exchanges did not constitute the sale of securities. She concluded that retail buyers purchasing tokens on secondary markets through blind bid-ask auctions had no way of knowing their funds were going to Ripple. Consequently, these buyers could not have had a reasonable expectation of profits derived directly from Ripple's effort (hence, it failed a core prong of the Howey Test).
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Conversely, the court sided with the SEC regarding direct institutional sales. Judge Torres ruled that Ripple’s $728 million in direct token sales to institutional players constituted unregistered securities offerings. These sophisticated parties were aware they were purchasing directly from Ripple (and their success depended on the company's efforts).
On the verge of a shutdown In the meantime, recently surfaced statements from Ripple CEO Brad Garlinghouse and Chief Technology Officer David Schwartz confirmed that the company was seriously considering closing its doors. "We almost decided to shut down the company when the SEC sued us," Garlinghouse admitted. "We were like, you know, the government has infinite power and resources." This was due to advice from their lawyers, according to Schwartz.
Aktivita na XRP Ledgeru ožila: označené transakce vyskočily za týden o 28,6 % na 676 800. Počet nových peněženek zůstal na 12 400, což naznačuje vyšší aktivitu stávajících uživatelů.
XRP Ledger app activity has picked up, with tagged transactions jumping 28.6% as more applications become active on the network.
Developer-related activity on the XRP Ledger is showing renewed momentum, with new data pointing to a noticeable rise over the past week. According to an X post from XRPL dUNL validator Vet, source-tagged transactions have increased sharply as more applications and services come live on the ecosystem.
XRP Ledger Records Stronger App Activity According to the data, source-tagged transactions reached 676,800 per week, representing a 28.6% increase compared to the first week of the reporting period.
An accompanying chart shows daily source-tagged transactions trending higher after a noticeable drop in late June. Activity accelerated on the third day of July, with several sessions since then pushing above the 80,000 mark. On July 10, tagged transactions on the XRP Ledger reached 120,000 per day, one of the highest readings on the chart.
XRP Ledger App Activity Spike/Vet Network participation also ticked up during the same timeframe. Average daily active source tags rose to 176, up 13% from the beginning of the reporting period.
Notably, source tags identify the services and applications generating activity on the XRP Ledger. As such, their increase suggests that more platforms are now operating on the network.
Overall, the metric shows that developers are actively deploying newer applications on XRP Ledger. Also, those apps are generating interest, resulting in more source-tagged transactions processed on the Ledger per day.
While the overall activity grew, the data shows that new wallets per week held steady at 12,400. Vet noted that the flat new wallet count suggests that existing users are becoming more active. The current increase in app usage is from users already registered on the network, not primarily from new addresses.
Rising Developer Activity Fueled by “Make Waves?” Vet noted that one possible explanation for the higher level of activity is the ongoing “Make Waves on XRPL” initiative organized by XRPL Commons.
For the uninitiated, the three-month competition started on June 22. XRPL Commons offers 50,000 XRP in rewards to developers who launch live applications on the XRP Ledger mainnet and attract active users and measurable on-chain activity.
The hackathon bases the incentives on working products and does not accept prototypes. At the end of the program on September 21, the best projects will receive a share of the 50,000 XRP prize money.
For context, 25,000 XRP will go to the best overall project, selected by the jury. 5,000 XRP will go to the application with the highest number of users. The project with the highest on-chain volume will receive another 5,000 XRP, while 1,000 XRP will be shared among 15 projects with 300 active users.
Vet suggested that this could be the reason why both tagged transactions and active source tags have climbed together. Nonetheless, this remains unconfirmed.
XRP Whale Activity and Price Decline Despite the increase in app activity, XRP whales have slowed down transactions. Over the past week, transactions exceeding $1 million on the XRP Ledger have dropped from 70 to two, a 97% decline.
At the same time, XRP also pulled back by 6%, as bears continue to dominate market proceedings. At the time of writing, XRP trades at $1.078, continuing to defend key support areas despite weakness.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
UK Treasury zařadilo Ripple do 54členné skupiny pro reformu velkoobchodních trhů s cílem modernizace prostřednictvím tokenizace. Program se zaměří hlavně na fixed-income trhy, DIGIT a tokenizované repo transakce.
The UK Treasury has selected Ripple, the US-based blockchain payments company, as a member of a major government-backed initiative designed to modernize the nation’s wholesale financial markets through tokenization.
Ripple joins top financial institutions in reform groupRipple will be part of a working group composed of 54 organizations, formed under the leadership of Wholesale Digital Markets Champion Chris Woolard and the City of London Corporation. Other members include prominent global financial institutions such as BlackRock, Goldman Sachs, and J.P. Morgan, as well as leading market infrastructure providers Euroclear and Bloomberg.
The government aims to fully replace traditional settlement systems with blockchain technology across wholesale financial markets. This initiative reflects the UK’s ambition to capture a share of the rapidly expanding global market for tokenized real-world assets, which analysts forecast could reach $88 trillion by 2035.
The UK government estimates a transition to on-chain wholesale markets may generate £33 billion in additional annual economic output and boost tax revenues by £14 billion each year by 2035.
By moving established financial activity onto blockchain-based platforms, officials seek to streamline operations and expand the competitive position of London’s financial sector.
Mini dictionary: City of London Corporation, a municipal governing body for the historic center of London, plays a central role in promoting the city as a leading financial hub and supports initiatives aimed at financial innovation and regulation.
Action plan targets digital bonds and tokenized marketsThe group has set a 12-month timetable focused initially on the fixed-income sector, which officials identify as ready for rapid transformation. A key part of the strategy involves launching DIGIT, sovereign digital bonds issued by the UK government, and digitizing collateral markets.
Nine specialized action groups will pursue end-to-end deployment of technological solutions. Their brief also includes live testing of tokenized repurchase (repo) transactions, targeted for completion by spring 2027.
Key Reform TargetImplementation GoalFixed-income marketsImmediate digital transformationDIGIT bondsLaunch as UK sovereign digital bondsTokenized repo transactionsLive end-to-end tests by spring 2027Input from market participants will be collected through September 4, 2026. After this feedback phase, the reform program will advance into implementation, ushering in a new era for Britain’s wholesale capital markets.
Ripple is expected to contribute its global technological expertise to support high-volume institutional transactions as the UK aims for digital innovation in its financial core.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
K3 Capital a Abraxas Capital během jedné hodiny vybraly z burz 16 948 ETH za zhruba 30,27 milionu USD. On-chain analytici to berou jako možný signál tiché akumulace Etherea.
Two institutional entities pulled a combined 16,948 $ETH, worth roughly $30.27 million, from centralized exchanges in a single one-hour window on July 13, raising fresh questions about whether sophisticated players are quietly building positions in Ethereum.
The Withdrawals K3 Capital moved 10,000 $ETH (approximately $17.85 million) off @Binance, while Abraxas Capital withdrew 6,948 $ETH (approximately $12.42 million) split across @Binance and @Bitfinex. The tight timeframe of both transactions has drawn attention from on-chain observers, who note that the coordination suggests a deliberate rather than coincidental strategy.
The move is consistent with a pattern that analysts have flagged across the broader market. Large withdrawals from centralized exchanges are often interpreted as a signal of accumulation, typically suggesting that the holder intends to store assets for the long term rather than trade them in the near future. Abraxas Capital has form here too: the firm previously withdrew 33,035 $ETH worth $60 million from Binance and Kraken in a single move, flagged by on-chain analytics platform Lookonchain.
The Bigger Picture The dual withdrawal lands against a backdrop of shifting institutional sentiment toward $ETH. According to CryptoQuant and Glassnode, exchange reserves have trended downward into Q2 2026 as long-term holders and institutions accumulate supply. Staking participation continues to draw liquid supply from the market, and some analysts believe a continuing structural supply shortage could arise from sustained ETF inflows, given that over 30% of circulating $ETH is already staked.
On the ETF side, sentiment has shown early signs of stabilisation. U.S. spot Ethereum ETFs recorded $14.8 million in net inflows on July 1, ending nine consecutive trading days of withdrawals. BlackRock's iShares Ethereum Trust (ETHA) led that rebound with $36.6 million in inflows.
The net outflow of $30.27 million from K3 Capital and Abraxas Capital alone points toward a shift to self-custody or professional staking protocols, though neither firm has publicly confirmed its intentions. Exchange withdrawals of this size often indicate long-term positioning rather than short-term speculation. Whether the move signals the start of a broader institutional accumulation wave or remains an isolated event is something on-chain analysts will be watching closely in the days ahead.
Sources:
Crypto Times: Whales Pull $29M in Ethereum From Binance as Accumulation Grows
Blockchain.news: Abraxas Capital $60M Ethereum Withdrawal
Analytics Insight: Spot Ethereum ETF Outflows Reverse as Institutional Gateways Launch
Ethereum Foundation pomocí koordinovaných AI agentů našla skutečnou chybu: vzdáleně spustitelný pád validátoru, který byl opraven a označen jako CVE-2026-34219.
The Foundation's security team used coordinated AI agents to uncover a remotely triggerable crash, then spent most of its effort weeding out convincing false positives.
Posted July 13, 2026 at 6:19 am EST.
The Ethereum Foundation pointed a fleet of coordinated AI agents at the software that runs the network and came away with a genuine security flaw: a remotely triggerable crash that could take a validator offline until an operator restarts it. The bug was fixed and disclosed as CVE-2026-34219.
In field notes published July 9, the Foundation’s Protocol Security team, writing through researcher Nikos Baxevanis, walked through how it ran the agents and vetted their output.
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The more striking finding was about the work itself. Baxevanis wrote that little effort went into finding bugs and most went into separating the real ones from findings that only looked real. Unlike a fuzzer, which returns a crash and a stack trace, an AI agent returns a persuasive narrative, complete with a call chain, a severity rating, and working code, and it reads the same whether the bug is genuine or invented.
That gap has practical stakes as AI reshapes the security threat model. The team catalogued recurring false positives: crashes that only occur in test builds, attacks that work only if a value is planted by hand, and formal proofs that pass without proving anything useful. Agents also struggle with exploits that unfold across a sequence of individually valid steps, the pattern behind several of this year’s costly DeFi attacks, so the Foundation now uses agents to suggest which sequences to test rather than to render a verdict.
The experiment fits a broader shift at the Foundation, which has said it will lean more on AI-assisted verification after deep staff cuts. Its conclusion echoes work by Anthropic and Cloudflare on agent-driven security research: the models can cover far more ground than humans alone, but a person still has to decide what counts as a real bug and what gets disclosed.
Related Listen: Ex-Ethereum Foundation Researchers Launched Their Own Lab: Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Ethereum treasury firm Bitmine has purchased more ETH over the past week, pushing its holdings above 5.77 million ETH. The BMNR stock has fallen amid the announcement of this latest purchase, while Tom Lee cited the Robinhood Chain as a new bullish catalyst for Ethereum.
Bitmine Acquires 27,801 ETH as Holdings Climb Above 5.77 Million ETH In a press release, the Ethereum treasury firm announced that it acquired 27,801 ETH over the past week. The company’s Chairman, Tom Lee, reiterated that they expect to reach their goal of holdig 5% of the total ETH supply sometime this year.
Bitmine notably holds 5,770,038 ETH, which represets 4.8% of the total ETH supply of 120.7 million. The firm has also staked 4,917,189 out of its holdings, with its annualized staking revenues now projected at $242 million.
It is worth noting that the Ethereum treasury firm has maintained weekly ETH purchases since the start of the year. As CoinGape reported last week, Bitmine purchased 42,197 ETH between June 29 and July 3, around the time the Bitcoin treasury firm Strategy sold over $200 million worth of Bitcoin.
The Ethereum treasury firm continues to double down on its ETH accumulation despite sitting on an unrealized loss of around $9.2 billion, according to DropsTab data. The company has an average purchase price of $3,374 o its Ethereum holdings.
Robinhood Chain As A Catalyst For ETH Tom Lee highlighted the successful launch of the Robinhood Chain as a bullish catalyst for Ethereum. “Robinhood Chain uses ETH as the native gas token. And transaction fees are denominated in ETH, and the finality is settled on Ethereum. Robinhood’s 27 million users are paying crypto fees denominated in ETH. In other words, everyday users are starting to see ETH as money,” he said.
The Bitmine Chairman also noted that the Robinhood Chain’s dollar volume has exceeded $1 billion and that it has more trading volume than any other decentralized exchange (DEX), which he said demonstrates its outstanding utility and product-market fit for Ethereum. CoinGape recently reported that the Robinhood Chain hit 7.6 million daily transactions as it closed o the Base network.
Meanwhile, it is worth mentioning that the BMNR stock is down amid Bitmine’s announcement of its latest Ethereum purchase. The stock is currently trading at around $14.72, down almost 2%, according to TradingView data.
Source: TradingView; BMNR daily chart Please check out our page on Best Platforms to Trade Tokenized Stocks
Čínská policie zadržela 63 podezřelých v kauze praní peněz přes Tether (USDT); podle úřadů šlo asi o 1,7 miliardy USD v kryptu. Pekingské regulátory zároveň znovu zakázaly neautorizované jüanové stablecoiny a většinu tokenizace aktiv z reálného světa.
China is ramping up its efforts to combat cryptocurrency-related crime, with institutions and prosecutors outlining new frameworks for prosecution and asset disposal as police continue to break up large money laundering rings.
Prosecutors seek new rules for crypto money laundering casesAn opinion article published in the Procuratorate Daily, the official newspaper of the Supreme People’s Procuratorate, presents a detailed approach to tackling crypto-related money laundering in China. Authored by two district prosecutors from Hunan province and a university law professor, the article suggests that prosecutors often rely on broad “concealment” charges, as China’s existing money-laundering laws cover only seven predicate crimes, leaving crypto cases in a legal grey area.
The authors recommend adopting a “double investigation of one case” approach. This would involve screening every underlying crime for possible crypto-related laundering and mapping the flow of any digital assets involved. This proposal builds on a 2024 judicial interpretation from China’s Supreme People’s Court, which treats virtual-asset transactions used for moving criminal proceeds as a form of laundering.
To strengthen the evidentiary process, the article introduces the idea of using “blockchain data self-verification.” Under this principle, on-chain records that match public block explorer data would be regarded as legitimate unless proven otherwise. Reports from blockchain analytics companies, including fund tracing and address clustering, would serve as expert evidence. The article also supports the idea that circumstantial and fragmentary evidence can be acceptable if it presents a coherent narrative, even when not every coin is traced to its origin.
They propose that blockchain data, when verified using on-chain hash values and public explorers, should be assumed genuine unless disputed, while reports from blockchain analytics firms could serve as expert evidence in court.
Mini dictionary: Supreme People’s Procuratorate — This is China’s highest national agency responsible for legal prosecution and investigation of criminal offenses.
The article further addresses the challenge authorities face after seizing crypto assets. With China’s ban on trading, there is no legal method to convert seized tokens to fiat currency, leaving large sums effectively stranded.
Authorities push for official platform to manage seized cryptocurrenciesTo resolve the dilemma of disposing of seized digital assets, the article calls for the creation of a national platform dedicated to the custody and sale of confiscated cryptocurrencies through officially recognized channels, such as directed auctions. This system would rely on an expert committee to value assets accurately using both on-chain data and global exchange prices, and would potentially support cross-border cooperation to trace and recover assets moved abroad.
Currently, local government agencies have circumvented domestic trading bans by discreetly liquidating seized cryptocurrencies through external partners operating in overseas markets, a process previously documented by international agencies.
In 2024 alone, China’s prosecution authorities charged over 3,000 individuals with crypto-related money laundering activities, highlighting the scale of the issue and the urgency for legal reform.
China intensifies crackdown on yuan stablecoins and RWA tokenizationIn a separate move, China’s central bank and nine regulatory agencies issued a joint directive reaffirming the country’s tough stance against crypto activity. The notice, published on Friday, prohibits the creation of any yuan-linked stablecoin without regulatory approval and classifies most projects involving the tokenization of real-world assets as illegal. The statement warns that virtual currencies, stablecoins, and tokenized assets present systemic dangers to financial stability, repeating that cryptocurrencies have no status as legal tender and that trading, issuance, and brokerage activities tied to them are prohibited.
The new notice from China’s central bank, together with other regulators, explicitly bans the issuance of unapproved yuan-backed stablecoins and categorizes most real-world asset tokenization as unlawful.
Chinese police arrest group in $1.7 billion Tether laundering caseChinese law enforcement in Tonglio, a city in Inner Mongolia, announced the arrest of 63 suspects linked to a major Tether-based money laundering network. Authorities began their investigation when they detected unexplained deposits exceeding 10 million yuan at a local bank, prompting anti-money laundering procedures. Subsequent raids resulted in the seizure of 130 million yuan in cash and payment cards potentially connected to the laundering operations.
According to the official statement, the criminal group laundered around $1.7 billion in cryptocurrency, mostly using the Tether (USDT) stablecoin. Tether is a widely used US dollar-pegged digital asset, often used for cross-border transactions but also attracting scrutiny because of its utility in illicit activities.
Mini dictionary: Tether (USDT) — A leading stablecoin designed to maintain a 1-to-1 value with the US dollar, facilitating easy exchange and transfer of value across digital platforms.
Despite banning cryptocurrency trading and mining in 2021, China remains a global hotspot for crypto-based money laundering. Chainalysis, a blockchain analytics firm, estimates that Chinese-language laundering networks processed $16 billion worth of cryptocurrency in 2025 and now account for about 20% of global crypto money laundering. The company’s analysis links the continued prominence of such networks to China’s strict capital controls, as wealthy individuals looking to move assets offshore indirectly fuel laundering operations that also serve international crime syndicates.
YearEstimated Laundered Crypto AmountMajor Enforcement Action2022$1.7 billionMajor ring dismantled in China2024Over $1.7 billion63 suspects arrested, Mongolian city case2025 (projection)$16 billionChinese-language networks process 20% of global totalDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Hyundai Motor America a Hyundai Motor de México dokončily pilotní přeshraniční vypořádání v USD₮ přes Avalanche. V průměru trvalo sedm minut, oproti třem až čtyřem hodinám u běžných mezibankovních převodů.
Global Industrial Conglomerate Hyundai Completes Enterprise Treasury Pilot on Tether USD₮, Moving Corporate Funds Across Global Borders
13 July 2026 – Tether, the largest company in the digital asset industry and the issuer of USD₮, announces the successful completion of the first enterprise cross-border settlement Proof of Concept (POC) between Hyundai Motor America and Hyundai Motor de México through Axiym on the Avalanche blockchain network.
The initiative demonstrated that an enterprise cross-border transfer and verification process could be completed in an average of seven minutes, compared with traditional interbank transfers that typically require three to four hours or more.
As part of the first phase of the POC, Hyundai Motor America (HMA) converted USD 20,000 into USD₮, transferred the stablecoin to Hyundai Motor Mexico (HMM), and converted it back into U.S. dollars. The full process included international transfer and verification, highlighting how stablecoins can support cross-border settlement for global businesses.
While the pilot demonstrated the speed and efficiency of stablecoin-based settlement, it also reflects a broader shift in enterprise finance. The significance extends beyond the transaction itself: one of the world’s largest industrial companies is actively evaluating blockchain-based financial infrastructure for corporate treasury operations. As stablecoins move beyond crypto-native use cases, participation from global enterprises highlights growing interest in using digital dollars to support faster cross-border payments, treasury management, and capital movement.
This achievement builds on Tether’s existing strategic investment in Axiym and reaffirms Tether’s commitment to expanding enterprise and institutional use cases for USD₮ by supporting infrastructure purpose-built to enable compliant, scalable, and efficient global payment settlements. During the POC, Axiym’s regulated settlement infrastructure enabled the near-real-time movement of USD₮, demonstrating faster, more efficient cross-border settlement at enterprise scale.
The PoC went beyond the transaction itself, with Hyundai Card leading the design of the remittance structure and overseeing regulatory review, compliance considerations, accounting requirements, and the operational framework needed to evaluate stablecoin-based settlement between overseas subsidiaries.
As businesses expand across multiple jurisdictions, the ability to move capital quickly, transparently, and efficiently has become a strategic necessity. Stablecoins provide enterprises with a new way to streamline settlement, improve treasury management, and create more efficient global payment flows without compromising existing operational, governance, or compliance standards.
“Stablecoins are becoming a critical part of the next generation of global financial infrastructure,” said Paolo Ardoino, CEO of Tether. “Hyundai’s initiative shows the growing demand for financial infrastructure that can help enterprises to move value across borders with greater speed, efficiency, and transparency. USD₮ is helping bridge traditional finance and blockchain-based infrastructure, offering companies new tools to streamline settlement and unlock new ways to manage global operations effectively.”
The next phase of the initiative will explore additional cross-border corridors and local currency settlement, further evaluating how stablecoins can support broader enterprise payment and treasury workflows.
As global financial infrastructure continues to evolve, the conversation is no longer about whether stablecoins have meaningful real-world applications; it is about how quickly they will become embedded in the systems that power international commerce. Tether remains committed to supporting the technologies, infrastructure, and innovators accelerating that transformation.
DTCC plánuje do svého Collateral AppChain integrovat standardy Chainlinku s nasazením ve 4. čtvrtletí roku 2026. Má to zlepšit oceňování, řízení marží, optimalizaci kolaterálu i vypořádání.
The Depository Trust & Clearing Corporation (DTCC), a major US-based post-trade financial services company, will embed Chainlink standards into its Collateral AppChain, with a rollout slated for the fourth quarter of 2026. The integration targets pricing, valuation, margin management, collateral optimization, and streamlined settlement processes within the new blockchain-based layer.
Chainlink standards to power collateral and settlementDTCC has revealed plans to integrate Chainlink’s Runtime Environment into its Collateral AppChain, a specialized blockchain platform designed for collateral management and settlement operations. This environment supports the running of applications governed by shared business rules across interconnected financial systems.
The integration is expected to enhance functions such as real-time pricing, precision valuation, and improved margin calculations for institutional participants. Tools for collateral optimization aim to help firms more efficiently allocate and manage assets while meeting margin requirements and reducing settlement risk.
By leveraging blockchain, DTCC aims to deliver improved consistency in data usage across financial workflows, making key processes more transparent and auditable for participants and regulators.
Mini dictionary: DTCC, or Depository Trust & Clearing Corporation, is a leading provider of clearing and settlement services for US equity, bond, and derivative markets.
Tokenization and Smart NAV pilot inform new integrationThe planned move builds on DTCC’s recent tokenization initiatives, where traditional financial assets are represented and settled on blockchain platforms. Tokenization facilitates improved asset tracking and workflow efficiency, aligning with broader trends in capital markets modernization.
DTCC previously launched its 2024 Smart NAV pilot, which saw collaboration with major institutions, including JPMorgan, BNY Mellon, and Franklin Templeton. The project focused on using Chainlink to distribute fund Net Asset Value (NAV) data across blockchain-based channels securely and reliably.
Chainlink standards are set to be embedded into DTCC’s Collateral AppChain, combining advanced data integrity features with existing settlement infrastructure within the platform. The upcoming Q4 2026 rollout will support essential functions such as pricing, valuation, margining, and collateral optimization, according to project statements from industry participants.
Net Asset Value, or NAV, is a crucial measure in the investment industry, referring to the total value of a fund’s assets minus its liabilities. Precise and auditable NAV figures support both investor confidence and regulatory compliance in fund management.
ProjectScopeKey PartnersYearCollateral AppChainCollateral/settlementDTCC, Chainlink2026 (planned)Smart NAV pilotNAV data distributionDTCC, Chainlink, JPMorgan, BNY Mellon, Franklin Templeton2024Market reaction and LINK holder activityFollowing DTCC’s announcement, market attention around Chainlink has intensified. Chainlink is a blockchain protocol popular for delivering secure external data to smart contracts and supporting tokenized asset solutions in finance.
Some LINK holders, referencing the asset’s growing institutional footprint, have publicly reported new investments. One investor stated that $55,000 was allocated into LINK over the past two months, describing strong confidence in its future utility, while acknowledging such views do not guarantee returns or represent broader market consensus.
One market participant shared an investment of $55,000 into LINK within two months, attributing the decision to Chainlink’s perceived importance in evolving financial infrastructure. They dismissed critics who underestimate Chainlink’s impact, though these remarks represent individual perspectives rather than assured outcomes.
Attention now shifts to the fourth-quarter 2026 launch window, as observers look to track both the technical progress of the Collateral AppChain and its broader implications for adoption of blockchain solutions in traditional finance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Lawson v srpnu otestuje platby stablecoinů v prodejně Lawson Takanawa Gateway City v Tokiu s HashPort a KDDI. Netstars mezitím spustil Stablecoin Pay pro USDC, USDT a JPYC s poplatkem 0,98 %.
Japanese convenience-store operator Lawson plans to test yen-denominated stablecoin payments at a Tokyo location in August, examining whether stablecoin payments can work inside a standard convenience store checkout flow.
On Monday, blockchain company HashPort said it had signed an agreement with Lawson and telecom group KDDI to conduct the trial at the Lawson Takanawa Gateway City store. Participants will use HashPort's non-custodial wallet, while the store will process payments through the company's point-of-sale system without needing to open or manage crypto wallets.
The pilot aims to explore how stablecoin payments can be integrated into Japan’s existing retail infrastructure while shielding merchants from much of the operational complexity associated with accepting digital assets.
The companies plan to assess integration requirements, checkout operations, payment processing times and wallet usability before considering broader applications.
Netstars launches multi-stablecoin merchant serviceSeparately, Japanese payments company Netstars launched Stablecoin Pay on Monday, opening applications from merchants seeking to accept multiple stablecoins as payment options.
The service initially supports USDC, USDT and the yen-denominated JPYC through the Solana and Polygon networks, with MetaMask as the supported wallet. Netstars set the merchant payment fee at 0.98% and said it plans to add more wallets and blockchains.
With the service, merchants can use existing payment terminals in most cases and handle product pricing, sales records and settlement in yen, even when customers pay with dollar-denominated stablecoins. Netstars said this removes the need to hold crypto or manage exchange rates.
The commercial launch follows Netstars trials involving USDC payments at Tokyo’s Haneda Airport from January to February and at a trading-card store in Himeji from April.
The move from limited pilots to a merchant-facing service comes as Japanese companies build more consumer-facing products around the country’s regulated stablecoin market. On June 1, 2023, Japan introduced a dedicated framework for stablecoins when amendments to the Payment Services Act and related laws took effect.
The rules created regulatory categories for fiat-linked stablecoins and require businesses acting as intermediaries to register with the Financial Services Agency.
The framework was followed by regulatory approval for USDC distribution in March 2025 and by JPYC’s registration as a fund transfer service provider that August, before the stablecoin was launched in October.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
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Circle získala konečné schválení OCC pro založení národní trust banky Circle National Trust, což posílí federální dohled nad USDC. To může zvýšit důvěru institucí ve stablecoin.
In a significant development for the cryptocurrency sector, Circle has received final approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, named Circle National Trust. This move positions Circle to bring its USDC stablecoin under federal oversight, potentially enhancing institutional confidence in digital currencies. Meanwhile, Senate Democrats have called for hearings on former President Donald Trump’s substantial cryptocurrency earnings amid national security concerns. Additionally, a new law temporarily bans the Federal Reserve from issuing a central bank digital currency (CBDC), although private stablecoins remain unaffected. Lastly, a bug in Ethereum’s gossipsub protocol, discovered by AI agents, has been patched to prevent validator disruptions.
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Key Takeaways Circle’s approval to open a national trust bank appears to enhance market confidence, possibly impacting Bitcoin demand positively. The temporary ban on a Fed-issued CBDC, while leaving private stablecoins unaffected, suggests a complex regulatory landscape for digital currencies. The Ethereum bug patch indicates proactive measures in the blockchain space to ensure network stability and security. What to Watch Markets will likely monitor the impact of Circle’s new federal status on institutional interest in cryptocurrencies, which could influence Bitcoin’s market dynamics. Attention will also be on regulatory developments, particularly any changes in the stance of U.S. lawmakers towards digital currencies. The resolution of the Ethereum bug demonstrates the importance of ongoing technical vigilance, suggesting that further discoveries or patches could continue to affect sentiment within the crypto space.
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Term Structure
Contract Odds Δ since publish Volume 24h July 13 2026 99.9% — — View market → July 13 2026 99.2% — — View market → July 13 2026 93.2% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 6.6% — — View market → July 13 2026 0.1% — — View market → July 13 2026 99.9% — — View market → July 13 2026 99.9% — — View market →
PancakeSwap nativně integroval 95 tokenizovaných akcií a dalších aktiv vydaných na Robinhood Chain a zpřístupnil tak decentralizovaným obchodníkům široký výběr akcií přes své rozhraní. Nabídka zahrnuje i ETF a další tradiční cenné papíry.
@PancakeSwap has officially integrated 95 tokenized assets natively issued on the @RobinhoodCrypto Chain, opening up a broad catalog of traditional equities to decentralized traders directly through the PancakeSwap interface. The listed assets span tech giants, semiconductor companies, space exploration firms, quantum computing plays, nuclear energy stocks, and conventional ETFs.
Robinhood Chain: The Infrastructure Behind the Listings The integration builds on Robinhood's broader push into on-chain finance. Robinhood launched the public mainnet of Robinhood Chain on July 1, 2026, an Arbitrum-based Ethereum Layer 2 with 24/7 tokenized stocks that plug into DeFi as collateral. Robinhood Chain is a permissionless, AI-native Layer 2 blockchain built for financial services and real-world assets. Robinhood Chain has adopted Chainlink as its official data and cross-chain oracle infrastructure, with Chainlink's Cross-Chain Interoperability Protocol (CCIP), Data Streams, and Data Feeds live on mainnet from day one, delivering verifiable data for tokenized RWAs and unlocking secure interoperability across the multi-chain ecosystem.
With the new Stock Tokens, eligible individuals can unlock 24/7 trading directly on Robinhood Chain, including deploying tokens into lending pools and utilizing them as trading collateral across the broader DeFi ecosystem. Access runs through Robinhood Wallet in more than 120 countries, though availability varies by jurisdiction.
PancakeSwap's Growing RWA Ambitions The Robinhood Chain integration is consistent with PancakeSwap's broader real-world asset strategy. In April 2026, PancakeSwap added 60-plus new tokenized stocks and ETFs on BNB Chain, bringing the total to over 260 tradeable RWAs. The DEX has been one of the more active venues for tokenized equities in the DeFi space, having crossed $50 million in cumulative tokenized asset trading volume as of May 2026, growth triggered by a partnership with Ondo Finance in late October 2025 that brought tokenized US stocks and ETFs to the $BNB Chain ecosystem.
The broader market backdrop supports the push. The RWA tokenization market grew by 30 to 38 percent in a single quarter, from approximately $21 billion to nearly $29 billion excluding stablecoins during Q1 2026. By connecting on-chain liquidity to sectors that have historically been inaccessible through decentralized venues, the PancakeSwap and Robinhood Chain integration represents another step in the convergence of traditional finance and DeFi. For DeFi participants, the expansion of tokenized assets creates new yield and trading strategies, with liquidity providers now able to earn fees from pools that track real-world equities, blending traditional market exposure with DeFi mechanics.
Sources:
Robinhood: Robinhood Chain Mainnet and Stock Tokens Launch
Forbes: Robinhood Launches Its Own Blockchain
CryptoNews: PancakeSwap Hits $50M in Tokenized Assets Trading
Progmat přesunul všechny spravované projekty security tokenů na Avalanche a zpřístupnil více než 452 miliard ¥ v podkladových aktivech a vydaných cenných papírech jako EVM-kompatibilní.
Progmat has completed the migration of its security-token platform from Corda 5 to a dedicated Avalanche Layer 1.
Summary
Progmat migrated every managed security-token project to Avalanche while preserving existing functions and institutional controls. Rights transfers run three to five times faster, according to Progmat’s internal tests and estimates. Crypto.news coverage shows Avalanche’s tokenized asset market expanding across funds, stocks, treasuries, and credit products. The company said every active project on the platform moved to the new network. Those projects represent more than ¥452 billion in underlying assets and issued securities. The migration makes the platform’s security tokens compatible with the Ethereum Virtual Machine, or EVM. Progmat describes itself as Japan’s leading security-token platform by domestic market share.
The company carried out the work under Project Keystone. Progmat redesigned the system so its business functions no longer depend on one blockchain. It added a mediator layer between applications and the ledger. The structure allows the platform to connect with other chains later while keeping its existing issuance, ownership and transfer processes. A dedicated Avalanche L1 can also use rules tailored to regulated financial products.
Progmat, Japan's largest STO platform, is now live on @avax
"All ST projects (over 452 billion yen) are now EVM-compatible, achieving both financial institution-level requirements and the utilization of public chains.
Rights transfers are accelerated 3-5 times faster than… https://t.co/xeMVc8EM8e
— Justin Kim (@justinkim415) July 13, 2026 Rights transfers become faster Progmat said the new setup processes rights transfers three to five times faster than the earlier system. Avalanche transactions reach finality in less than two seconds, according to the company.
“Rights transfers are accelerated three to five times faster,” Progmat said.
The speed figure comes from Progmat’s internal testing and has not been independently verified. Finality records a completed network transaction, but it does not cover every banking or administrative step around a trade.
The company also moved its smart contracts from Java-based Corda code to Solidity-based EVM contracts. Progmat said it kept current functions and service requirements during the switch. It also said the migration caused minimal disruption for issuers. Existing users did not need to rebuild their products. EVM support gives developers access to Ethereum-based tools, but it does not make regulated securities freely available to public wallets.
AvaCloud supports institutional controls AvaCloud supplies the dedicated Avalanche network and operating services. Progmat said the setup meets SOC 1 and SOC 2 Type II assurance standards. Progmat and Ava Labs also created a response system for outages during nights and holidays.
The firms aim to meet the control and availability standards used by regulated financial companies. The network remains application-specific rather than operating as an unrestricted retail trading venue.
AvaCloud chief executive Nick Mussallem called the transfer of more than ¥452 billion in regulated securities a test for institutional infrastructure. However, that assessment came from a company involved in the migration.
Progmat has not released public transaction data showing how the new network performs during peak demand or across a large investor base. The company also has not announced new trading volumes tied directly to the change.
Progmat prepares for cross-chain settlement The migration gives Progmat a base for planned links between security tokens, stablecoins and tokenized bank deposits. Datachain said in February that the partners plan cross-chain services for delivery-versus-payment and payment-versus-payment transactions.
These systems would exchange assets and payments across different networks in one coordinated process. Progmat said its revised design can support more than one chain when asset features or investor needs differ.
Elsrwhere, BlackRock’s BUIDL fund reached about $900 million on the network, while Avalanche’s distributed real-world assets stood near $2.10 billion.
As crypto.news reported, Progmat will support a Metaplanet and JPYC study into Bitcoin-backed digital credit. That project remains under review, with no issued product or fixed terms. Securitize also placed its listed shares on Avalanche and Solana in July.
SBI Holdings a Solana Foundation uzavřely strategické partnerství na vývoji on-chain finančního trhu v Japonsku. Solana Foundation získá podíl v SBI R3 Japan, která se má přejmenovat na SBI Solana Global Co., Ltd.
SBI and Solana Foundation Join Forces on On-Chain FinanceJapanese financial conglomerate SBI Holdings has announced a strategic partnership with the Solana Foundation to jointly develop an on-chain financial market in Japan. The collaboration will see the Solana Foundation join SBI R3 Japan, working alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to pursue a new growth strategy.
As part of the agreement, the Solana Foundation will acquire a stake in SBI R3 Japan, and the company plans to change its name to SBI Solana Global Co., Ltd.
SBI highlighted the rapid global expansion of stablecoins and real-world asset (RWA) tokenization, describing on-chain finance as the next generation of financial infrastructure, where the issuance, distribution, and settlement of financial assets all occur on the blockchain. The firm cited Solana's appeal directly: "Solana is regarded as one of the core infrastructures for on-chain finance, based on its high processing performance, low costs, and global ecosystem," adding that its goal is "to connect Japan's financial assets and institutional foundation with Solana's global network."
Scope of the Deal: Stablecoins, RWAs, and Cross-Border PaymentsThe partnership combines SBI's experience in operating permissioned networks through its R3 Corda platform with Solana's high-performance blockchain technology, with the main objective being to accelerate blockchain adoption among traditional financial institutions and facilitate the onboarding of tokenized real assets.
Specific focus areas include yen-backed stablecoins, the tokenization of bonds, funds, and real estate as real-world assets, cross-border payment infrastructure, and on-chain financial services for institutional investors. The two parties aim to expand products developed in Japan first across Asia, and then into global markets.
The announcement is the latest in a series of moves by SBI to deepen its presence in the digital asset space. SBI Holdings' subsidiary B2C2, a core market maker for firms including Robinhood, recently designated Solana as its primary network for routing and settling large-scale stablecoin transactions for institutional clients. SBI Holdings took a majority ownership position in B2C2 in 2020.
The deal also reflects Japan's broader push to position itself as a hub for on-chain finance in Asia, with government support playing a role. Japanese Prime Minister Sanae Takaichi has announced a policy to expand funding from the government and financial institutions for startups, including those in the Web3 sector, introducing a Total Support Package for Startups established in May 2025 at the WebX 2026 conference.
Sources:
CoinNess: SBI Holdings and Solana Foundation Strategic Partnership
The Block: SBI Holdings' B2C2 Designates Solana as Primary Stablecoin Network
OKX 14. července od 14:30 UTC+8 dočasně pozastaví vklady a výběry USDC na síti Solana kvůli plánované údržbě peněženek. Obchodování zůstane beze změny.
OKX will temporarily suspend USDC deposits and withdrawals on the Solana network on July 14 while it completes scheduled wallet maintenance.
Summary
OKX will pause Solana USDC deposits and withdrawals while keeping related trading services fully operational. The suspension begins July 14 at 14:30 UTC+8 and resumes after maintenance without separate announcement. Solana remains a major USDC settlement network despite this short exchange-level maintenance window for users. The pause will begin at 14:30 UTC+8, equal to 06:30 UTC and 09:30 East Africa Time. OKX published the notice on July 13 and did not provide a fixed completion time. The exchange said it will restore the two services after the work ends.
The change applies only to deposits and withdrawals of USDC through Solana. OKX said users who already hold the token in their accounts do not need to take action. Trading for related assets will continue during the maintenance period. Other supported USDC networks were not included in the notice, so the announcement does not describe a platform-wide USDC suspension.
— OKX中文 (@okxchinese) July 13, 2026 OKX also advised traders to consider risks in margin and derivatives markets and add margin early where needed. That guidance matters for users who move USDC through Solana to fund positions. The notice does not promise that deposit networks will remain available in every region, so customers should rely on the options shown in their accounts.
Users should avoid transfers during the pause OKX asked customers not to send or withdraw Solana-based USDC after the maintenance window opens. The exchange warned that transfers made during the pause could create a risk of lost funds. Users should check the selected network before confirming any transaction, because USDC exists on several blockchains and each network uses a different deposit route.
Users should allow time for blockchain confirmations before the cutoff, since a transfer initiated earlier may arrive after the suspension begins.
The company described the work only as “wallet maintenance.” It did not report a hack, a Solana network outage, or a problem with USDC. OKX also said “trading will not be affected,” although that statement covers exchange trading rather than external transfers. The exchange did not explain whether pending transactions submitted before the cutoff could face delays.
Solana remains a major USDC settlement network USDC on Solana is a native version of Circle’s dollar-backed stablecoin rather than a wrapped token issued by another bridge provider. Circle lists Solana among the networks where it directly issues USDC. Its cross-chain tools can also burn native USDC on one supported network and mint the same amount on another, without using wrapped copies or outside liquidity pools.
As crypto.news reported earlier in 2026, Circle minted more than $10.5 billion in USDC on Solana within roughly one month. The same coverage cited about $650 billion in Solana stablecoin settlement volume during February. Those figures show the network’s large role in dollar-denominated transfers, but they do not indicate that OKX’s maintenance pause resulted from higher usage.
Exchange notice does not signal a Solana shutdown Solana has also attracted more payment and financial infrastructure. As previously reported, the Solana Foundation launched an institutional developer platform with Mastercard, Western Union and Worldpay as early users. The tools cover stablecoin issuance, payments and trading services. That expansion increases the need for exchanges and custodians to maintain reliable wallet systems as transaction routes grow.
The OKX notice remains an exchange-level service update, not a suspension of USDC on the Solana blockchain. Users can still trade supported assets inside OKX, but they should avoid Solana USDC deposits and withdrawals until the exchange restores access.
OKX said it may resume the services without another announcement, making the platform’s deposit page and status tools the main places to check before sending funds.
Sanctum (@sanctumso), a Solana-native liquid staking protocol, has demonstrated notable resilience amid the ongoing bear market by achieving a 10% increase in its Total Value Locked (TVL) over the past month. This growth, reported by @SolanaFloor, positions Sanctum as the strongest performer among Solana’s top five protocols in terms of TVL. The protocol now ranks second on Solana by TVL, contributing over 20% of the chain’s total decentralized finance (DeFi) TVL. This development appears to reflect strong capital retention and increased demand for liquid staking tokens (LSTs) within Solana’s DeFi ecosystem.
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Key Takeaways Sanctum’s TVL growth appears consistent with increased demand for LST liquidity, despite broader market challenges. The protocol’s performance suggests a potential positive sentiment shift for Solana within the DeFi sector. The 10% TVL increase could indicate a favorable outlook for Solana’s ecosystem resilience and growth prospects. What to Watch Market participants may observe whether Sanctum’s growth influences broader confidence in Solana’s DeFi landscape. Key indicators to monitor include potential upgrades or innovations within Solana, such as the Alpenglow upgrade, and macroeconomic factors like ETF inflows and interest rate changes. Additionally, closely following Solana’s price movements and any regulatory developments could provide further context to Sanctum’s impact on the market.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 18.5% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.8% — — View market → August 1 2026 4.5% — — View market → August 1 2026 0.7% — — View market → August 1 2026 11.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 46.5% — — View market →
WOO X a Payward Services, firma stojící za Krakenem, podepsaly MOU o spuštění spotového obchodování pro evropské uživatele WOO X. Služba má běžet na regulované evropské infrastruktuře Payward.
WOO X Signs Memorandum of Understanding (MOU) with Payward Services
TAIPEI, TAIWAN – 11 JULY, 2026 – WOO X, a leading global centralized digital asset exchange, and Payward Services, the B2B infrastructure platform from Payward, the company behind global crypto platform Kraken, have signed a Memorandum of Understanding (MOU) with the intent to bring crypto trading to WOO X's European users through Payward Services’ trading-as-a-service offering.
Under the agreement, the companies intend to enable spot crypto trading for WOO X’s EU users powered by Payward's regulated European infrastructure and licensing. WOO X would join a growing roster of financial institutions using Payward Services’ trading-as-a-service offering, including bunq, one of Europe's leading neobanks.
"We're excited to bring WOO X the power of fifteen years of Payward's regulated infrastructure, creating an easy path to meet customer demand with an expanded trading offering and the right licenses to unlock crypto trading across the EU. When partners work with Payward Services, they can launch crypto trading in a few weeks without building complex in-house infrastructure," said Mark Greenberg, Global Head of Payward Services.The MOU serves as a foundational framework for future cooperation. Both entities will share further details and operational updates as specific initiatives are finalized.
About WOO X
WOO X is a leading global centralized digital asset exchange built by traders, for traders. Engineered by a premier team of quantitative traders, engineers, and technologists originating from top-tier Web2 and Web3 projects, WOO X delivers a elite trading environment tailored for both retail and institutional investors. The platform is globally recognized for its superior trade execution, offering deep aggregated liquidity, ultra-tight spreads, and zero-slippage execution.Prioritizing user trust and platform integrity, WOO X features an industry-first, live-updating Proof of Reserves and Liabilities transparency dashboard. The exchange offers advanced trading architecture, fully customizable workspaces, and professional-grade infrastructure that supports flexible, professional withdrawal standards alongside top-tier asset custody solutions. Driven by a corporate culture of compliance, technical excellence, and relentless innovation, WOO X continues to pioneer transparent, high-performance trading environments for the global digital asset ecosystem.
For more information, visit https://www.wooxpro.com/; https://woox.io/
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Binance pozastaví vklady a výběry na síti Moonbeam (GLMR) kvůli upgradu sítě, obchodování zůstane beze změny. Po stabilizaci sítě budou vklady a výběry obnoveny.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-07-13 12:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Moonbeam (GLMR) network to support its network upgrade to ensure the best user experience. The network upgrade will take place at the block height of 16,427,124, or approximately at 2026-07-13 13:00 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-07-13
Americké spotové Bitcoin ETF zaznamenaly za týden čistý příliv 197,4 mil. USD a ukončily osm týdnů trvající sérii odlivů. Nejvíc přidal BlackRock iShares Bitcoin Trust ETF s přílivem 291,9 mil. USD.
US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.
Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF.
The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.
“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.
“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.
“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”
The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11.
Total spot Bitcoin ETF net inflow. Source: SoSoValue
Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing.
“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said.
Other analysts say there could be further downsides ahead.
Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year.
Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds.
The inflows paled in comparison with the $1.2 billion in net outflows since May 11.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
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Allium Labs našla neobvyklé obchodování se ZEC před odhalením chyby v Orchard, což vyvolalo podezření na obchodování na základě neveřejných informací. Největší short za 34,5 milionu USD vydělal asi 998 000 USD.
Developers recently revealed that a four-year-long vulnerability in Orchard may have enabled unlimited counterfeit Zcash [ZEC] until an emergency patch was issued. However, fresh market data has raised further questions regarding events before the discovery.
Allium Labs, after reviewing trade history, identified unusual trading activity. On the 26th of May, ZEC’s trading volume surged 12–13 times above its average. Researchers privately uncovered the defect three days later, on the 29th of May.
Source: Allium Research While researchers were identifying the defect, ZEC declined from approximately $660 down to $530, indicating increasing selling pressure. The developers disabled Orchard on the 2nd of June and issued a patch on the 3rd of June, yet confidence continued fading.
By the 5th of June, ZEC had fallen by 64 percent from $685 to $247 with hourly trading at $560 million.
Early positioning fuels market suspicion The uncertainty in the aftermath of this issue also led to further review of which parties were actively trading in the market ahead of the issue becoming apparent. Allium found that traders opened the most profitable positions on the 25th and 26th of May.
This occurred days before the private discovery of the Orchard flaw. More importantly, traders opened these large positions before researchers privately disclosed the flaw on the 29th of May. Notably, the largest wallet had a short position worth $34.5 million and, as a result, made approximately $998,000 in profits.
Source: Allium Research A second short position worth $17.7 million accrued profits of approximately $724,000. These high profits raised questions about whether traders anticipated the sell‑off.
However, the data does not provide sufficient evidence to prove such claims. In futures markets, all shorts are offset by an equal number of longs. Therefore, simply showing profitable positions is insufficient to establish that those positions existed due to prior knowledge.
That balance became evident when the largest $91.5 million long position ultimately lost $6.97 million. Meanwhile, Zcash’s privacy model prevents anyone from verifying whether the flaw was ever exploited. This left markets to price on probabilities instead of certainty and kept confidence fragile despite the completed patch.
Final Summary Allium Labs flagged unusual ZEC trading before the Orchard flaw discovery, fueling suspicion of informed positioning. Profitable shorts raised questions, but lack of evidence and Zcash privacy kept confidence fragile.
Aave Labs spustila Stable Vaults, které firmám umožňují integrovat fixní výnosy ze stablecoinů bez vlastní infrastruktury. Řešení převádí kolísavé on-chain sazby na stabilní sazby a podporuje i více řetězců.
Aave Labs has rolled out Stable Vaults, a platform that enables organizations to easily incorporate fixed-rate stablecoin returns into their offerings. These smart contract vaults, which currently support the Aave mobile savings application, are now open for any business to integrate and customize. This launch marks an important advancement in bridging decentralized finance with everyday financial products.
In the past, adding DeFi yields to consumer applications required handling unpredictable interest rates, liquidity spread across various blockchains, and complex infrastructure layers connecting on-chain strategies to end users.
Drawing on years of experience tackling these issues, Aave Labs developed Stable Vaults as a streamlined answer.
The system converts fluctuating lending rates from on-chain markets into consistent fixed rates that companies can confidently advertise.
It also simplifies critical processes such as portfolio adjustments, operations spanning multiple chains, and accurate payout calculations for customers.
As a result, any enterprise can now tap into Aave-powered yields or alternative ERC-4626 compliant strategies without constructing the entire yield management system internally.
Stable Vaults function as a complete backend solution for generating on-chain stablecoin income.
Businesses retain authority over the stablecoins they accept, the yield approaches they deploy, and the specific fixed rates provided to individual users.
For instance, neobanks can embed reliable savings features powered by Aave markets directly within their applications.
Payment service providers might allow merchants to generate returns on funds sitting idle between transfers using dedicated vaults.
Wallet operators and trading platforms can introduce effortless one-click earning options supported by products like Savings GHO, bypassing the need to manage underlying infrastructure.
Similarly, fintech companies launching their own stablecoins can register them as viable assets to build enclosed earning loops for their user base through tailored ERC-4626 vaults.
Operators gain additional tools to enhance user incentives, such as granting higher returns to loyal or premium customers and launching short-term rate promotions.
Returns exceeding these commitments flow back to the business as additional revenue.
Since the deploying entity selects the assets and strategies, each implementation can be fine-tuned to align with unique product needs, local regulations, or preferred risk levels.
The technology addresses several longstanding technical obstacles at once, from managing rate variability and cross-chain liquidity fragmentation to smoothing interactions between advanced protocols and regular users.
For customers, the integrated experience proves highly convenient as deposits immediately begin generating income upon arrival.
Individuals can move funds in or out across any networks supported by the operator and using whichever approved stablecoins are available.
Integration with services like Chainlink Price Feeds ensures dependable valuation data, while Chainlink CCIP facilitates secure transfers between chains.
The Aave App itself employs both in its operational setup, underscoring the platform’s reliability.
Positioned as a mature, live system already active in the Aave ecosystem, Stable Vaults stand ready for wider industry use.
Interested parties can consult various guides, review the publicly available code, or contact the Aave Labs team for support and further discussion. This introduction lowers the hurdles for traditional finance entities to offer competitive yields, allowing them to prioritize customer engagement and innovation while relying on proven decentralized mechanisms for consistent performance in the digital economy.
TLDR: Uniswap daily fees reached about $5.2 million in 24 hours, placing the decentralized exchange near the top of current crypto fee rankings. Robinhood Chain supplied roughly $4.38 million of the total, far exceeding Ethereum and Base during the same measured period. Only about $73,454 counted as 24-hour protocol earnings, as most swap fees still flowed to liquidity providers rather than UNI holders. Governance proposals could extend protocol fees and the UNI token burn system to v4 pools and Robinhood Chain after community approval. Uniswap daily fees reached about $5.2 million in 24 hours, placing the DEX near the top of crypto fee rankings. Founder Hayden Adams highlighted the figure on X, saying only USDC and USDT generated more fees. DefiLlama recorded $5.16 million during the same period, supporting his estimate.
Robinhood Chain supplied most of that total after launching on July 1. The sharp increase shows how quickly new networks can redirect trading activity. UNI traded near $3.62, up about 35% from its early-July low near $2.70. Yet the token still sits roughly 92% below its 2021 peak.
Uniswap Daily Fees Surge as Robinhood Chain Takes Lead Robinhood Chain contributed about $4.38 million of the reported Uniswap daily fees. Ethereum produced roughly $296,000, while Base added about $288,000. That distribution marks a sudden shift from Uniswap’s traditional Ethereum-led activity.
The Arbitrum Orbit network launched with Uniswap v2, v3, v4, and UniswapX available from day one. Cumulative swap volume crossed $1 billion by July 10, according to a Uniswap governance post. The chain also recorded a 24-hour Uniswap volume peak near $500 million during its first week.
Across seven days, Robinhood Chain generated $10.98 million of Uniswap’s $20.1 million in total fees. That share made the new network Uniswap’s largest short-term fee source. It also placed Robinhood Chain above Ethereum and Base during the measured period. The fee spike shows how concentrated short-term trading activity can become.
Uniswap daily fees reflect charges paid through swaps, but they do not equal protocol income. DefiLlama listed only $73,454 in 24-hour earnings for Uniswap. Most trading fees still flow to liquidity providers instead of the treasury or UNI holders.
The distinction matters when comparing Uniswap with stablecoin issuers or centralized exchanges. Annualizing one strong day would imply almost $1.9 billion in fees. Still, that calculation does not show how much value the protocol retains.
UNI Burn Vote Tests the Value of Rising Protocol Activity Uniswap governance is now considering a wider protocol fee rollout. One proposal would activate fees across v4 pools on several supported networks. Another would extend fee collection and UNI burns to Robinhood Chain.
The Robinhood Chain temperature check runs from July 10 through July 15. It covers v2, v3, and v4 deployments on the network. On-chain votes would follow if the Snapshot proposals pass.
Under the UNIfication system, collected protocol fees move into TokenJar contracts. Searchers can claim those assets after supplying UNI of equivalent value for burning. The process permanently removes the submitted UNI from circulation.
Higher Uniswap daily fees could expand the amount available for this mechanism. Yet liquidity providers may receive slightly lower returns when protocol fees activate. That trade-off could influence where they place capital across competing pools.
Uniswap v4 adds programmable hooks that let developers customize pool logic. These tools support dynamic fees, specialized liquidity rules, and other trading features. Wider v4 adoption could increase activity across more chains.
Circle has minted an additional $250 million of USDC on the Solana blockchain, according to a report by @martypartymusic. This issuance is part of a broader trend in 2026, where USDC minting on Solana has reached approximately $64.25 billion to $64.78 billion. The increased issuance suggests sustained demand for dollar liquidity on Solana, reinforcing its competitive position as a key settlement layer for stablecoin transactions and decentralized finance (DeFi) activities. Market participants appear to interpret this development as supportive of Solana’s price prospects, with the additional liquidity potentially influencing Solana’s ability to reach higher price targets in July.
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Key Takeaways The $250 million USDC issuance on Solana appears to suggest continued demand for stablecoin liquidity in the network. Markets seem to view the increased liquidity as consistent with a positive outlook for Solana’s price, possibly affecting its potential to reach $90 in July. The cumulative USDC issuance on Solana for 2026 highlights its growing role in stablecoin and DeFi ecosystems. What to Watch Observers are monitoring the impact of increased USDC liquidity on Solana’s price trajectory, particularly in relation to its potential to reach the $90 mark in July. Key indicators include market responses to liquidity changes and any significant price movements. Additionally, developments in the broader crypto market and macroeconomic factors could influence Solana’s price dynamics, affecting the likelihood of reaching set targets.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 20% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 2.4% — — View market → August 1 2026 0.9% — — View market → August 1 2026 0.8% — — View market → August 1 2026 4% — — View market → August 1 2026 0.8% — — View market → August 1 2026 13% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.8% — — View market → August 1 2026 0.1% — — View market → August 1 2026 48% — — View market →
Stacks navrhuje PoX-5, který by držitelům bitcoinu umožnil výnos bez přesunu BTC z hlavní sítě. 15 % přebytečných příjmů má jít do rezervního fondu protokolu.
Stacks, the Bitcoin Layer 2 network, is proposing a significant upgrade to its consensus mechanism that would let Bitcoin holders earn yield on their BTC without ever moving it off the main chain. The kicker: 15% of all excess revenue gets funneled into a reserve fund designed to keep the whole system solvent even during lean times.
The upgrade, dubbed PoX-5 (Proof-of-Transfer version 5), introduces a waterfall distribution model. Protocol bond holders sit at the top of the payment queue, with an initial target yield of roughly 3% APY. These bonds require a six-month lockup period. Only after those obligations are met does the remaining revenue flow downhill.
Whatever is left after paying bond holders, the excess miner revenue, gets split two ways. STX-only stakers receive 85% of the surplus. The protocol reserve fund absorbs the remaining 15%.
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To participate, Bitcoin holders lock their BTC on the Bitcoin Layer 1 network using a timelock mechanism and pair it with STX, the native token of the Stacks network. No bridging required. No custodial transfers.
Building a 1.2-year safety buffer The 15% reserve allocation isn’t arbitrary. Simulations run across 210 two-week cycles, roughly eight years of modeled data, project that the reserve fund would accumulate enough to cover 1.2 years of yield commitments.
The system also includes capacity constraints and real-time coverage ratio monitoring. There’s no slashing mechanism for participants, meaning stakers don’t risk losing their principal if something goes sideways with the network.
The whitepaper laying all of this out was published on May 13, 2026. Since then, the Stacks community has been reviewing the associated SIP (Stacks Improvement Proposal) documents related to the bootstrap phase. No formal votes or launches have been finalized yet.
Stacks’ track record with Proof-of-Transfer The original PoX mechanism has been operational since January 2021, and over that period, the protocol has distributed more than 4,200 BTC to participants under prior consensus versions. PoX-5 is an evolution of that infrastructure, adding structured yield products and reserve mechanics on top of existing plumbing.
The upgrade also serves a dual purpose beyond yield generation. By requiring participants to pair BTC with STX, it creates organic demand for the Stacks native token. More staking activity means more STX gets locked up, which theoretically supports the token’s value while simultaneously enhancing network security through increased participation.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
StanChart varuje, že nejasná komunikace společnosti Strategy ohledně využití BTC na podporu STRC může Bitcoin krátkodobě tlumit. Firma už prodala BTC za 216 milionů USD a drží 843 775 BTC.
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s messaging as needing more clarity to help Bitcoin regain its momentum.
“Orange dots tell only part of the story,” was Saylor’s message on Sunday in a post that accompanied a chart from Saylortracker.com, similar to previous social media messages that have preceded news of Strategy's Bitcoin (BTC) purchases, typically announced the day after his posts.
In recent weeks, the largest digital asset treasury company and a major BTC holder, has moved away from its long-time “never sell Bitcoin” approach to a willingness to sell the biggest crypto as needed to fund dividends for holders of its STRC preferred stock and to replenish its cash reserves. Earlier this month, Strategy sold $216 million worth of Bitcoin, reducing its total holdings to 843,775 tokens, according to a July 6 filing with the US Securities and Exchange Commission.
“Orange dots tell only part of the story.” Source: Michael Saylor
Days earlier, Strategy unveiled a capital framework allowing Bitcoin sales to fund dividends, increased the annual dividend rate on its STRC preferred stock to 12%, and disclosed that its US dollar reserve had grown to $2.55 billion.
Standard Charter’s global head of digital assets research, Geoff Kendrick, believes recent Strategy’s actions — and Saylor's manner of communicating them — “are muddying the waters for BTC near-term.”
“We think effective communication of MSTR’s new strategy (using BTC to back STRC) is key to reassuring markets that wholesale selling is unlikely; this should in turn support BTC prices,” Kendrick wrote in a note to clients on Friday. “Indeed, if this signalling proves effective, it should remove the need for MSTR to actually sell any BTC by supporting STRC’s price,” he said.
StanChart sees inconsistencies in “never sell” approachKendrick said that Strategy’s long-held “never sell” approach limited what the company could with its industry-biggest digital asset treasury.
“The problem with the ‘never sell’ approach is that it limits what MSTR’s BTC holdings can do — or, perhaps more importantly, what they are perceived to be doing,” the StanChart analyst said. “MSTR has started to shift its communication strategy on this in recent months. It has sold BTC twice and recently announced a BTC monetization program.”
Source: Standard Chartered Bank
Still, he sees Strategy’s “market signaling” will improve soon. He expects that to bring clarity to the outlook for Bitcoin, on which StanChart maintains its $100,000 year-end forecast.
Shares struggle from year low ahead of earnings reportInvestors who bought into the Strategy narrative have not had an easy time in the past 12 months. The STRC preferred shares were formulated to hold a price of $100 apiece. Shareholders saw that par value fall to the wayside last month, to the lowest value since the preferred stock was introduced a year ago.
The common shares, trading under the MSTR ticker, have lost more than 70% of their value since July 2025, closing at $94.64 per share on Friday, down from a 52-week high of $457.22.
The company is slated to report second-quarter earnings on July 30, with analysts consensus of $4.28 per share, according to Yahoo Finance data. Earnings have fallen short of analyst forecasts in six of the last eight quarters, according to Fintel.io data, including a 33.76% negative surprise in the first quarter of 2026.
Magazine: Will the crypto lobby's $189M campaign get CLARITY over the line?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Spotové XRP ETF zaznamenaly za uplynulý týden první červený týden po více než dvou měsících, když z fondů odešlo 7,29 milionu USD. XRP za týden kleslo o 3,2 %.
The XRP products continue to operate differently than those tracking BTC and ETH.
For weeks and weeks, the spot Ripple ETFs, alongside HYPE and sometimes SOL, dominated all cryptocurrency-related exchange-traded funds, while the market leaders suffered.
However, this trend has finally changed as the financial vehicles tracking the performance of the cross-border token turned red in the past week for the first time in over two months.
Streak Broken Although the actual numbers were not as impressive as they were back in October, November, and December last year when the XRP ETFs launched, they were still in the green for nine consecutive weeks. Moreover, the only week that broke that streak saw a minor $35.21K (not millions) in net outflows, so it doesn’t really count. Within this timeframe, the total net inflows rose from under $1.29 billion to a new all-time high of $1.49 billion as of July 2.
However, the tides finally turned in the past five business days. Interestingly, though, only one day was in the red, with $7.29 million leaving the funds on July 8. A minor $107.38K entered the funds on Friday, while the other three trading days saw no reportable action, according to SoSoValue data.
Spot XRP ETF Inflows. Source: SoSoValue This is rather concerning as XRP has seen similar net inflow-free days in the past, but that wasn’t the case in the last few months. Now, though, investors appear to have turned their attention away from Ripple’s token and back to the market leaders. As reported yesterday, both the Bitcoin and Ethereum ETFs recorded their first green week in two months, with net inflows of almost $200 million and $84 million, respectively.
XRP Price Stalls Despite the major net inflows for nine weeks, Ripple’s native coin failed to capitalize and record any substantial gains in that time. However, the net ouflows in the past week seem to have harmed it, as current data from CoinGecko shows a 3.2% decline over the past week.
XRP challenged the $1.15 resistance earlier this week, but it was halted there, and the subsequent rejection pushed it south to under $1.10. Although it has rebounded to that level now, the uncertainty continues as many analysts expect a major move ahead.
You may also like: XRP Stalls at $1.10: Could Quiet On-Chain Activity Be the Calm Before a Bigger Move? XRP’s On-Chain Data Flashes Warning While Sellers Continue to Dominate Japanese Firms Are Boosting BTC and XRP Holdings – SBI VC Trade Reveals Why The direction, as usual, is unknown, but the overall belief within the crypto community is that XRP has reached a decision point and it could either head below $1.00 soon or rocket toward new local peaks.
Thajsko chce v rámci nové razie prověřovat transakce v USDT společně s regulátory cenných papírů. Zároveň zvažuje, že u hotovostních vkladů od 5 milionů bahtů bude nutné doložit původ peněz.
Thailand’s central bank is considering measures requiring anyone depositing 5 million baht ($150,000) or more in cash to prove the origin of the funds.
This is part of a fourth-quarter push that also puts Tether (USDT) transactions under a joint audit with securities regulators.
Why Thailand Is Watching USDTBank of Thailand (BOT) Governor Vitai Ratanakorn framed the measures as a strike against the country’s grey economy. The push, reported by Thansettakij, extends the central bank’s grey-money campaign to digital assets.
Vitai said in January that roughly 40% of USDT sellers on local platforms were foreigners. He argued they should not be operating in Thailand.
The BOT is now working with the Securities and Exchange Commission (SEC) to review unusually high-volume USDT trading. Authorities have identified transactions that may indicate disclosure avoidance or the movement of funds outside standard financial channels.
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Cash and Bullion Rules TightenThe deposit rule complements checks already applied to large withdrawals. Since April, cash withdrawals above 5 million baht have faced enhanced due diligence. The value of large cash withdrawals has since fallen 35%.
The BOT is reviewing the legal framework before issuing the deposit requirements.
“In addition, it is considering measures for high-value banknote exchanges — such as bringing in large quantities of 1,000-baht notes to exchange for 100- or 500-baht notes — which may require an explanation of the reason for the transaction,” the report read.
In addition, the BOT has tightened oversight of gold trading to limit its impact on the baht and detect suspicious activity.
“The measures we are implementing are not short-term fixes; they require the continuous deployment of multiple parallel strategies,” Governor Vitai said.
The coming quarter will test how far the BOT can extend its reach.
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Trh se stablecoiny od květnového maxima ztratil asi 10 miliard USD; v červnu klesl o 7,7 miliardy USD na zhruba 312,23 miliardy USD, nejvíc od kolapsu TerraUSD.
The stablecoin market has lost about $10 billion since reaching a record high in May 2026. Total supply fell by $7.7 billion during June to about $312 billion, marking the largest monthly decline in dollar terms since the TerraUSD collapse in May 2022. The decrease equaled roughly 2.4% for June and about 3% from the May peak.
Summary
Stablecoin supply lost $10 billion since May as USDT and USDC redemptions reduced crypto liquidity. June recorded the largest monthly dollar decline since Terra, but the market contracted only 3%. Transaction volumes remained strong while tokenized assets expanded, showing blockchain finance activity continued despite redemptions. Current DefiLlama data places the market near $312.23 billion. The dashboard shows Tether’s USDT at about $184.15 billion and Circle’s USDC at roughly $73.41 billion. USDT still controls close to 59% of the market, leaving the sector heavily dependent on its two largest dollar-backed tokens.
USDT and USDC lead the supply reduction USDT fell from about $190 billion in May, cutting roughly $6 billion from its circulating value. USDC declined from a March peak near $80 billion, losing almost $7 billion over four months. Together, those changes account for most of the retreat, although smaller regulated issuers continued expanding during the same period.
Paul Howard, senior director at trading firm Wincent, described the decline as “a relatively small pullback in what we believe is a long-term growth market.” The current drawdown remains far below the 26% stablecoin contraction recorded across the 2022 bear market. That earlier decline followed the Terra failure, lender collapses, and the failure of FTX.
Stablecoin Market Loses $10B Since May in Biggest Retreat Since the Terra Crash
According to CoinDesk, stablecoin market capitalization has fallen by roughly $10 billion from its May peak, including a $7.7 billion drop in June—the largest monthly decline in dollar terms since… pic.twitter.com/RafAPoaerJ
— Wu Blockchain (@WuBlockchain) July 12, 2026 Lower supply points to thinner crypto liquidity Traders use stablecoins as settlement assets and quote currencies across exchanges and decentralized markets. A falling supply can show that users redeemed tokens for bank dollars or moved capital outside crypto. It can also reduce the amount of dollar-linked buying power available for Bitcoin, Ether, and other digital assets.
The reduction arrived during a weak month for crypto investment products.Crypto.news reported that U.S. spot Bitcoin exchange-traded funds lost more than $4 billion in June, their worst monthly outflow since launch. The parallel declines show that institutional fund demand and on-chain dollar liquidity both weakened as digital asset prices remained under pressure.
Activity did not fall at the same pace as supply. The adjusted stablecoin transaction volume reached a record $1.78 trillion in June. USDC processed about $1.21 trillion, while USDT handled $573 billion. USDT still recorded more individual transfers, showing that fewer tokens can continue supporting heavy payment and trading activity.
Tokenized assets grow while stablecoins retreat Tokenized real-world assets moved in the opposite direction. However, their on-chain value crossed $30 billion during 2026, led by tokenized Treasury products, funds, and private credit. CoinDesk Research also recorded a 145% rise in tokenized equity volume during June to a record $3.86 billion.
Regulation and new issuers continue reshaping the stablecoin market. The U.S. GENIUS Act created a federal framework for payment stablecoins, while regulators are drafting customer identification, sanctions, and reserve rules. Crypto.news has also tracked new reserve products from Fidelity and State Street designed for regulated issuers.
The latest supply figures point to a pause in market expansion rather than a Terra-style collapse. USDT and USDC remain near their dollar pegs, transaction activity remains high, and the total market retains most of its recent growth. Further monthly contractions would provide clearer evidence that crypto liquidity is leaving the system rather than moving between issuers or on-chain products.
Investors will now watch July issuance, redemption data, exchange volumes, and ETF flows for signs that demand is returning or weakening further.
BlackRockův BUIDL na Avalanche překročil 900 milionů USD v AUM, zhruba dvojnásobek oproti 464 milionům před týdnem. Jde o největší tokenizovaný treasury produkt on-chain na Avalanche.
BlackRock’s BUIDL, a tokenized U.S. Treasury money market fund on the Avalanche blockchain, has reached over $900 million in assets under management (AUM). This notable increase, from approximately $464 million just a week ago, highlights a significant surge in institutional interest in tokenized assets on Avalanche. The BUIDL fund, maintaining a stable value of $1.00 per token with daily accrued dividends, has become the largest tokenized treasury product on-chain and the biggest real-world asset (RWA) on Avalanche. This development underscores Avalanche’s rising prominence as a key player in the institutional tokenization sector, second only to Ethereum in terms of BUIDL’s AUM.
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Key Takeaways BlackRock’s BUIDL fund on Avalanche has seen its AUM increase from $464 million to over $900 million within a week. The rapid growth in BUIDL’s AUM suggests accelerating institutional adoption of Avalanche for tokenized assets. Avalanche is now the second-largest blockchain for BUIDL by AUM, reinforcing its role as a leading institutional tokenization venue. What to Watch The surge in BUIDL’s AUM could indicate broader institutional adoption of blockchain-based financial products, potentially influencing Ethereum price predictions. Market participants may monitor whether this trend continues and if other blockchains follow suit in attracting large institutional investments. Observers will also be keen to see if BlackRock’s growing involvement in tokenized assets impacts Ethereum-related markets and if similar trends develop within the Ethereum ecosystem.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 59.5% — — View market → August 1 2026 3.2% — — View market → August 1 2026 30% — — View market → August 1 2026 6% — — View market → August 1 2026 2.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 14% — — View market → August 1 2026 13% — — View market → August 1 2026 1.6% — — View market → August 1 2026 2.8% — — View market → August 1 2026 4.2% — — View market → August 1 2026 6.6% — — View market → August 1 2026 0.3% — — View market → August 1 2026 0.2% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.9% — — View market → August 1 2026 59.5% — — View market →
PANews July 12 news, Token Unlocks data shows that tokens such as DBR, ARB, YZY will see large unlocks next week, including:
deBridge (DBR) will unlock approximately 618 million tokens on July 17 at 8:00 am Beijing time, representing about 11.4% of the circulating supply, worth about $10.1 million;
Arbitrum (ARB) will unlock approximately 92.65 million tokens on July 16 at 9:00 pm Beijing time, representing about 1.65% of the circulating supply, worth about $8.5 million;
YZY (YZY) will unlock approximately 20.83 million tokens on July 17 at 11:00 am Beijing time, representing about 4.1% of the circulating supply, worth about $6.1 million;
Starknet (STRK) will unlock approximately 127 million tokens on July 15 at 8:00 am Beijing time, representing about 3.74% of the circulating supply, worth about $3.9 million;
Sei (SEI) will unlock approximately 55.56 million tokens on July 15 at 8:00 pm Beijing time, representing about 0.91% of the circulating supply, worth about $2.8 million.
