Track market-moving stories before they get noisy

Cardano [ADA] is in the middle of new security concerns after a mammoth SecondFi exploit worth $2.4 million. However, ADA traders don’t seem shaken at all!

SecondFi shuts down after 16.1 million ADA theft SecondFi is winding down after attackers stole 16.1 million ADA, worth about $2.4 million, from 374 wallets. The breach came from a flaw in the wallet’s transaction-signing software.

The flaw allowed attackers to derive private key material from transaction-signing data, giving them access to affected wallets. Importantly, the Cardano network was not breached, and hardware wallet users were unaffected.

…given the gravity of this event and as previously announced, we have made the difficult decision to wind down SecondFi and Yoroi wallet.

SecondFi patched the vulnerability and secured 129 million ADA before attackers could reach it, but the service will not return to normal operations. It plans to release wallet export tools in early August, followed by a zero-knowledge recovery portal later that month.

Blockchain intelligence firm Groom Lake found signs that may point to North Korea’s Lazarus Group, but no link has been confirmed. A separate attacker also targeted other wallets during the same period.

ADA holds, derivatives traders keep positions open ADA was trading near $0.17 at the time of writing, with no notable sell-off after news of the SecondFi wallet theft. On the daily chart, the token was at $0.1725, down only slightly during the session. ADA had already pulled back from its early-July rise toward $0.19, but has since recovered and stayed steady.

The RSI indicated balanced pace, with a modest positive tilt.

Source: TradingView The derivatives numbers look similarly unbent. Aggregated Open Interest rose to above $210 million before settling near $206.3 million. Meanwhile, the Average Funding Rate proved that long traders were still willing to pay to keep their positions open.

Source: Coinalyze Traders have not rushed to reduce leveraged exposure following the exploit; however, they seem measured in their approach.

Just an isolated wallet issue? The exploit exposed private key material, affected 374 wallets, and led SecondFi to shut down. The involvement of a second attacker and the possible [but unconfirmed] Lazarus Group link add to things.

While there is no evidence that the vulnerability extends beyond SecondFi, the incident highlights the importance of continued security reviews across the wider Cardano wallet ecosystem.

Final Summary SecondFi is shutting down after a signing flaw led to the theft of 16.1 million ADA. ADA held its price, there was no broad bearish reaction.

US Senator Cynthia Lummis: In the coming days, she will continue to push for a bipartisan agreement on the CLARITY Act to enact it into law.

US Senator Cynthia Lummis released a statement thanking her Democratic colleagues for their key contributions to the new draft of the CLARITY Act, and pledged to continue pushing for an agreement in the coming days to get the bill enacted into law. Lummis noted that consumer protection and supporting innovation are not mutually exclusive, adding that the draft demonstrates both goals can be achieved simultaneously. Earlier reports indicated that Senate Republicans unveiled the new version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to ban officials including the U.S. president, vice president, members of Congress, federal judges, and their spouses from receiving compensation via issuing or sponsoring digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Restricted officials must also sell their crypto assets and investments in crypto-related firms, or place them in blind trusts over which they have no control; sales of crypto assets exceeding $1,000 are required to be disclosed.

3 hours ago

The CLARITY Act adds, for the first time, provisions restricting the president and government officials from profiting through crypto assets.

According to CNBC, the new CLARITY Act under consideration by the U.S. Senate would ban the president and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. Republican lawmakers updated the bill’s text on Wednesday, adding for the first time provisions restricting the president from profiting from crypto assets, with the rules applying to both the president and other federal officials. The CLARITY Act is designed to be the U.S.’s first comprehensive piece of legislation regulating the digital asset market, and remains pending in the Senate.

3 hours ago

The revised CLARITY Act has been officially released, prohibiting the president and government officials from issuing or sponsoring crypto assets for profit.

Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released a revised version of the CLARITY Act following a briefing call with industry stakeholders. The ethics framework in the revised bill was developed by the White House in consultation with Republican Senators Cynthia Lummis and Bernie Moreno, and has not yet secured Democratic backing. The new text would bar U.S. officials—including the president, vice president, members of Congress, federal judges—and their spouses from earning compensation during their terms via issuing or sponsoring digital assets; these provisions are set to expire on January 20, 2029. Covered officials must sell their crypto assets and investments in crypto firms, or place them in blind trusts over which they have no control, with sales of crypto assets exceeding $1,000 requiring disclosure. The U.S. Department of Justice would be granted civil enforcement authority for ethics violations, including prosecuting trading platforms that knowingly operate banned tokens. However, Democrats oppose granting the DOJ sole enforcement power without extending authority to state attorneys general, and the relevant provisions could still be adjusted in the coming days. The revised bill retains the BRCA and Keep Your Coins Act, clarifying that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for maintaining decentralized networks, while safeguarding individuals’ right to self-custody of crypto assets. Stablecoin provisions remain unchanged: interest on idle payment stablecoin balances is banned, but rewards tied to actual activities like trading or staking are permitted.

3 hours ago

Report: Crypto industry contributes $55 billion to U.S. economy, directly employs 34,000 people

The US National Cryptocurrency Association released a report stating that the US crypto industry directly employs 34,000 people; when including jobs supported by supplier industries and consumer spending of related workers, total employment in the sector is roughly 232,000. The report projects that by 2026, the industry will contribute over $55 billion to US GDP, with around $31 billion flowing to workers as labor income. Of the 232,000 supported jobs, approximately 75,000 come from supplier industries, and another 123,000 are driven by household spending of related employees. These figures are based on multiplier effects from input-output models and do not represent direct hires by crypto firms. Among the 34,000 direct roles, software, blockchain, and data engineering positions are the most numerous, at about 10,100. Regionally, California and New York support 57,649 and 53,766 jobs respectively, totaling over 111,000; Texas accounts for roughly 26,536 jobs. The 12 US heartland states defined in the report collectively support around 17,000 jobs. The report was commissioned and funded by the National Cryptocurrency Association, with analysis conducted by Pragmatic Policy Group. Its estimates are based on the US Bureau of Economic Analysis’ 2024 input-output tables and $23.22 billion in crypto industry revenue data, with model assumptions incorporated into occupational structure and industry mapping.

3 hours ago

The development company behind Pump.fun is hiring a Growth Marketing Lead, offering a base annual salary of up to $1 million.

Baton Corporation, the developer behind Pump.fun, is hiring a Head of Growth Marketing, with a base annual salary of $400,000 to $1,000,000 plus performance-based incentives. Pump.fun founder Alon noted that the platform has grown to become one of the largest in the crypto industry with almost no paid marketing. The company’s next goal is to transition Pump.fun from a crypto-native product to the mainstream market, targeting an application with hundreds of millions of users. The role requires candidates to have hands-on experience in consumer app growth, a proven track record managing multi-million dollar marketing budgets, and familiarity with strategies including digital advertising, user-generated content (UGC), and short-form video clips.

3 hours ago

灰度：若美联储不再加息，比特币或已触底

Zach Pandl, head of research at Grayscale, wrote in a post that the market currently holds two main views on when Bitcoin’s bear market will end: one is adherence to the "four-year cycle" theory, and the other is viewing Bitcoin as a mature asset driven by macroeconomic factors. The "four-year cycle" theory holds that halving events remain the core driver of Bitcoin’s price cycles. Historically, Bitcoin has typically bottomed roughly one year after a cycle peak and about 2.5 years after a halving, with an average cumulative drawdown of around 80%. Based on this pattern, Bitcoin could still decline further in the current cycle and form a bottom in September or October. The other view argues that Bitcoin’s price will, like other major assets, be more influenced by economic growth, real interest rates, and changes in Federal Reserve policy going forward. Past Bitcoin bear markets have typically coincided with slowing economic growth or rising real interest rates, and this current downturn has unfolded against a backdrop of rising rate hike expectations and climbing real interest rates. Pandl noted he leans more toward the macro-driven view. If the Fed stops raising interest rates and economic growth remains stable, Bitcoin’s price may have already bottomed.

3 hours ago

Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.

“The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer’s private key,” Zilliqa said in a Wednesday X post.

Zilliqa said protective measures are in place to prevent further losses and that a coordinated remediation plan is being finalized. Users who signed at least five native Zilliqa transactions with a Ledger device are considered compromised and are advised to await further guidance before taking any action.

The warning comes after Zilliqa on Monday asked exchanges to temporarily pause Zilliqa (ZIL) deposits and withdrawals after identifying a security vulnerability that resulted in the theft of an undisclosed amount of ZIL from a cold wallet.

Zilliqa said it will publish a corrected version of the app in coordination with Ledger. It said that users transacting ZIL through EVM-compatible tooling were not affected.

The ZIL token fell 1.5% in the past 24 hours and 17% over the past week, to trade above $0.0024 at publication, according to CoinMarketCap.

Magazine: How a ‘Wrong Number’ message turned into a $3.4M crypto scam

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THE BLOCK: Zilliqa halts native transactions over bug in its Ledger app dating to 2019

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Major South Korean cryptocurrency exchange Upbit has flagged Zilliqa (ZIL) as a cautionary asset following the discovery of a critical vulnerability in its Ledger application.

According to Wu Blockchain, Upbit has placed ZIL under cautionary asset status, raising concerns over the token's future trading support on the crypto exchange, with the possibility of delisting it if the security issue isn't resolved.

Zilliqa Ledger App Flaw Exposes Private Keys, Upbit Flags ZIL as a Cautionary Asset

Zilliqa disclosed a critical nonce-generation flaw in its Ledger app that allows private keys to be recovered from public signatures after about five native transactions. The issue affected all… pic.twitter.com/uMfV9ZbepR

— Wu Blockchain (@WuBlockchain) July 22, 2026 Earlier today, July 22, Zilliqa disclosed a critical nonce-generation flaw in its Ledger app that allows private keys to be recovered from public signatures after about five native transactions.

The issue affects all versions released from 2019 to 2026, with active exploitation observed on July 19. Native Zilliqa transactions have been suspended, with affected keys set to be retired, while EVM transactions are unaffected.

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Upbit subsequently designated ZIL as a cautionary asset across its KRW and BTC markets. ZIL deposits and withdrawals remain suspended, and trading support may be terminated if the issue is not resolved.

What happened?On July 22, Zilliqa announced the discovery of a nonce-generation vulnerability in its Ledger app in an X post.  

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A critical vulnerability was identified in the Zilliqa Ledger application affecting the generation of Schnorr signatures for native (non-EVM) Zilliqa transactions. The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer's private key using only publicly available on-chain data.

The Zilliqa team noted that protective measures are already in place to prevent further loss, and a coordinated remediation plan is being finalized.

The vulnerability affects private keys used to sign native Zilliqa transactions with a Ledger device, and any account that has broadcast about five or more native transactions signed through the Zilliqa Ledger app should be considered compromised. This is because their private keys can be reconstructed from signatures already recorded on-chain, regardless of any subsequent software update.

The issue is, however, confined to the Ledger app's native signing path, with EVM transactions unaffected.

Table of contents

A hardware wallet vulnerability that went undetected for seven years has forced Zilliqa to suspend all native transactions after attackers began exploiting the flaw on July 19. The nonce-generation bug in the Zilliqa Ledger app allowed private keys to be recovered from public signatures after roughly five on-chain transactions, according to the original report. Every version released between 2019 and 2026 was affected.

The disclosure has already triggered a sharp exchange-side response. South Korea’s Upbit designated ZIL as a cautionary asset across both its KRW and BTC trading pairs, suspended deposits and withdrawals, and warned that trading support could end entirely if the problem is not remedied quickly. The move immediately amplifies the pressure on Zilliqa’s development team, who must now contend not only with patching the flaw but also with the specter of losing one of its most important exchange listings.

How the Flaw Compromises Security The vulnerability sits at the intersection of hardware wallet design and Zilliqa’s nonce implementation. A nonce—a number used once—is supposed to ensure that each transaction signature is unique. When nonces are generated incorrectly, an observer who collects multiple signatures from the same private key can reconstruct the key itself. The problem is especially dangerous because it requires no malware on the user’s device; an adversary only needs to see the publicly broadcast signatures from about five native transfers. The exploit timeline suggests active exploitation began before the public advisory, raising the possibility that funds were taken before the network could react.

Zilliqa’s immediate mitigation was to halt native transactions altogether. EVM-based activity on the network is not affected, but for many long-term holders who used the Ledger app, retiring the compromised keys is now a necessity. That process—generating new wallets and moving assets—carries its own risks if users are not careful. Meanwhile, the incident casts a long shadow over trust in hardware wallet integrations for lesser-known chains, where security audits may have been thinner than for Ethereum or Bitcoin.

Upbit’s Cautionary Flag and the Delisting Threat Upbit’s cautionary asset designation is not a full delisting, but it functions as a public warning that the exchange’s risk management team sees a material threat to user funds. Korean exchanges have grown increasingly aggressive with such flags following regulatory guidance and past incidents, where failure to act quickly drew scrutiny. The parallel between this action and the broader push for exchange accountability is hard to ignore—as regulatory pressures on crypto infrastructure intensify, trading platforms have little tolerance for assets that introduce custody-layer risk.

For ZIL’s liquidity, the suspension of deposits and withdrawals on a major venue like Upbit tightens available exit routes for Korean traders. While the token remains listed for now, the warning creates a binary outcome: either Zilliqa patches the flaw and satisfies Upbit’s review, or trading is terminated. In the interim, market participants are watching whether other exchanges follow Upbit’s lead, which would compound the token’s liquidity squeeze.

What Remains Unresolved The extent of the damage is still unclear. Neither Zilliqa nor Upbit has disclosed how many private keys were actually compromised during the exploitation window, nor what the total loss in dollar terms may be. Additionally, the fact that the flaw existed across every Ledger app version for seven years raises questions about the chain’s overall security review process and how many other integrated apps may contain similar nonce-generation weaknesses. Developer confidence metrics have already become a yardstick for chain health, as tracked by efforts like weekly developer activity rankings, and incidents like this one can erode that confidence quickly.

For hardware wallet users, the advisory is a reminder that a Ledger device does not eliminate risk—it only shifts it. A vulnerability in an app that signs transactions can be just as devastating as a compromised seed phrase. The Zilliqa incident will likely prompt a fresh round of audits across Ledger integrations for other chains, particularly those with smaller developer communities where such flaws could persist without notice. Until those audits are complete, the market will have to price in the possibility that similar vulnerabilities are lurking elsewhere.

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TL;DR Zilliqa found a Ledger app flaw that exposes private keys after roughly five native transactions. Native ZIL transactions were suspended, while EVM transactions remain unaffected. Upbit designated ZIL as a cautionary asset and warned trading support could be terminated. A patched Ledger app is ready, but compromised wallets will require new keys under a coordinated recovery plan. Zilliqa has suspended native transactions after uncovering a critical vulnerability in its Ledger application that could allow attackers to reconstruct users’ private keys from publicly available blockchain signatures. The security issue, which existed in every released version of the Zilliqa Ledger app between 2019 and 2026, prompted South Korean crypto exchange Upbit to designate ZIL as a cautionary asset, raising the possibility of further trading restrictions if the issue is not fully resolved. 

The blockchain team said the flaw affects only native (non-EVM) Zilliqa transactions signed with Ledger hardware wallets. According to the disclosure, any wallet that signed approximately five or more native transactions using the affected Ledger app should be considered compromised because its private key can be mathematically reconstructed from signatures already recorded on-chain.

To limit further losses, Zilliqa has halted all native transactions while it finalizes a coordinated recovery plan. The project stressed that users who may be affected should avoid taking independent action and instead wait for official instructions, warning that simply transferring funds would not adequately protect compromised wallets because attackers could potentially front-run any transaction once the network resumes. 

Nonce-Generation Vulnerability in the Zilliqa Ledger App: A critical vulnerability has been identified in the Zilliqa Ledger application affecting the generation of Schnorr signatures for native (non-EVM) Zilliqa transactions. The vulnerability causes signatures to be generated… https://t.co/sudV7WA3TV

— Zilliqa (@zilliqa) July 22, 2026

Signature Flaw Traced to Weakened Nonce Generation The vulnerability stems from an error in the app’s implementation of Schnorr signatures, which authenticate native Zilliqa transactions.

Each Schnorr signature relies on a unique, randomly generated ephemeral nonce. While the app initially generated enough randomness, a coding mistake copied the wrong 32-byte segment into the signing buffer. As a result, the most significant 64 bits of every nonce were fixed to zero, dramatically reducing the randomness required to keep private keys secure.

Security researchers explained that once around five affected signatures become publicly available, attackers can recover the corresponding private key within seconds using commodity hardware through a well-known cryptographic attack called the Hidden Number Problem solved via lattice reduction techniques. Because those signatures are permanently stored on-chain, updating the Ledger application cannot eliminate the exposure for wallets that have already signed vulnerable transactions. Those keys must ultimately be retired. 

Zilliqa emphasized that the issue is isolated to the Ledger application’s native signing path. Users interacting exclusively through the network’s EVM-compatible environment or using official software development kits such as zilliqa-js, gozilliqa-sdk, and pyzil are not affected. 

Ziliqa Exploitation Detected Before Public Disclosure According to Zilliqa’s incident timeline, the defect had existed unnoticed across every Ledger app release since 2019.

The team said suspicious on-chain activity consistent with active exploitation was first observed on July 19. Engineers isolated the root cause two days later after reproducing the attack using publicly available blockchain signatures.

A corrected version of the Ledger application has already been prepared in coordination with Ledger and restores proper nonce generation. However, the update cannot secure wallets whose private keys have already been exposed, making a broader remediation process necessary before native transactions can safely resume. 

Zilliqa also credited KuCoin’s security team for helping identify the vulnerability, successfully recovering affected private keys from public signatures during the investigation, and confirming that the exploit was actively being abused. 

Following the disclosure, Upbit classified ZIL as a cautionary asset across its KRW and BTC markets, citing unresolved security concerns. The exchange has already suspended deposits and withdrawals and warned that trading support could ultimately be terminated if the project fails to sufficiently address the incident.

According to Upbit’s notice, the review period is expected to continue until the third week of August, after which the exchange will decide whether to remove the cautionary designation, extend the review, or delist the token altogether depending on the progress of Zilliqa’s remediation efforts. 

TLDR: Table of Contents

TLDR:A Fundamentals-First Approach to Digital AssetsWhat the New Index Signals for Institutional InvestorsGet 3 Free Stock Ebooks S&P Dow Jones and Pantera Capital launched a new institutional digital asset index today. The index selects tokens based on real-world utility and revenue, not price momentum. Confirmed top holdings include ETH, BNB, SOL, TRX, and HYPE among 18 tokens total. The benchmark targets institutions seeking disciplined, transparent digital asset allocation tools. S&P Pantera Digital Asset Index has launched as a new benchmark for institutional digital asset allocation. S&P Dow Jones Indices and Pantera Capital built the index around a rules-based structure.

It only includes tokens with real-world use and actual revenue generation. The index currently holds 18 constituent tokens.

Confirmed top holdings include ETH, BNB, SOL, TRX, and HYPE. The launch aims to bring more discipline to how investors measure digital asset performance.

A Fundamentals-First Approach to Digital Assets The S&P Pantera Digital Asset Index moves away from price momentum as a selection method. Many existing crypto indexes track popular tokens or meme coins instead.

This index applies standards similar to those used in traditional finance benchmarks. Selection depends on real-world utility rather than speculative trading volume.

Cathy Clay, CEO at S&P Dow Jones Indices, explained the reasoning behind the launch. “S&P Dow Jones Indices helps investors cut through market noise with benchmarks you can trust,” she said.

She added that the index brings “that same discipline to digital assets,” using a fundamentals-driven framework built for diversified portfolios.

Dan Morehead, Pantera Founder and Managing Partner, described the collaboration as timely. “We believe we’re at a pivotal moment for digital assets,” he said.

He noted the partnership was built to identify “which digital assets and infrastructure truly matter” for long-term investors.

The index gives global investors a way to move past single-asset tracking. It offers a transparent method to measure blockchain and digital asset investments.

Fund managers can also use it as a reference for new investment products. Active managers picking digital assets may use it as a comparison tool.

What the New Index Signals for Institutional Investors The launch reflects a broader shift toward market maturity in digital assets. Blockchain use cases are showing wider value across different industries and sectors.

Regulation is also becoming clearer in several major financial markets worldwide. These shifts are making institutional involvement in crypto easier to manage.

Many current digital asset products fail to reflect the full complexity of the space. Morehead pointed to this gap directly, noting that “the biggest friction point in crypto hasn’t changed.” He said investors still struggle with “knowing how to allocate” across the asset class.

The top five holdings, ETH, BNB, SOL, TRX, and HYPE, reflect established network activity. These tokens support platforms with ongoing transaction volume and developer engagement.

The full list of 18 constituents has not been disclosed publicly yet. Further details may emerge as the index gains adoption among institutional investors.

Investors now have a new tool to benchmark digital asset performance responsibly. The index combines index provider expertise with digital asset-native research and data.

Together, S&P Dow Jones Indices and Pantera Capital built a structured entry point. It targets institutions seeking exposure to blockchain fundamentals over speculation.

Binance is adding 10 new trading pairs to its bStocks platform, with AXTIB (representing AXT) and CRWVB (representing CoreWeave) among the fresh listings going live on July 22, 2026, at 13:30 UTC. The expansion follows the initial bStocks launch in June 2026, which introduced pairs tied to names like Tesla and Circle.

What bStocks actually are bStocks are BEP-20 tokens built on BNB Chain, issued by BTech Holdings Limited, a Binance affiliate. Each token is backed 1:1 by a corresponding US share held in custody, meaning the underlying asset is real, even if the wrapper is crypto-native.

The structure classifies each bStock as a certificate representing a financial instrument rather than a direct equity stake. That distinction matters for regulation, and Binance has been deliberate about it, operating the framework under approval from the FSRA in Abu Dhabi.

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Eligible pairs also support margin trading, though the ability to borrow against positions has not yet been activated at launch.

CoreWeave, represented by CRWVB, is one of the more notable additions. The AI infrastructure company listed on Nasdaq in March 2025. AXT, represented by AXTIB, is a semiconductor substrate manufacturer.

Why this matters beyond the token tickers The pitch to users is straightforward: 24/7 trading, self-custody on BNB Chain, and access to US equities without needing a traditional brokerage account.

The regulatory angle is worth watching closely. FSRA approval in Abu Dhabi gives the product a compliance anchor, but bStocks are not available to users in all jurisdictions.

The June 2026 launch with Tesla and Circle as anchor pairs was a proof-of-concept moment. Adding 10 more pairs two months later, including names tied to AI and semiconductors, suggests the platform is moving faster than a cautious pilot program would.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Balance Coin ($BLC), the dollar-pegged stablecoin issued by BNB Chain DeFi protocol 42DAO (@42dao_official), collapsed from its $1 peg to around $0.0013 after an attacker exploited a flaw in the protocol's oracle system, draining roughly $912,000. At the time of checking, CoinMarketCap showed $BLC trading near $0.00247, down 99.75% over 24 hours.

How the Attack Worked The attacker liquidated multiple $BTCB-collateralized vaults in a single transaction at the manipulated price, profiting from the gap between the false valuation and the collateral's real worth. SlowMist described it as a single-transaction combo exploiting missing price protection and liquidation delay in a Maker-style system. The attacker exploited the lack of price protection and liquidation delays in the Maker-style system, which allowed them to use an abnormally low $BTCB oracle price to liquidate positions that would not have been liquidated under normal conditions.

The component names in SlowMist's analysis reveal that 42DAO built its protocol as a fork of MakerDAO's collateralized debt position system. SlowMist identified the core failure as oracle price manipulation combined with a complete absence of liquidation delay. Those two missing safeguards, price validation against a reliable range and a time buffer before liquidations execute, are considered baseline protections in DeFi protocol design.

According to security researcher TenArmor, the first transaction minted approximately 4.5 million $BLC tokens from a null address and moved them to PancakeSwap V2, where they were exchanged for Binance USDT and $BTCB. A second transaction followed roughly two hours later, minting an additional 5,900 $BLC tokens and draining further liquidity. The unauthorized minting sharply increased the supply of $BLC tokens, flooding decentralized exchange liquidity pools and putting severe selling pressure on the stablecoin.

No Response from 42DAO 42DAO had not issued a public statement on the incident or a recovery plan at the time of writing. The incident fits a trend that has defined DeFi exploits through 2026, with attacks moving away from simple contract bugs and toward the oracles, governance rules, and infrastructure surrounding the code. Recent months saw the Ostium Perpetuals vault drained through manipulated oracle reports and the Bonzo lending protocol exploited via a third-party oracle feeding a forged price. The common thread is that the vulnerable layer is increasingly the one that determines what a protocol believes an asset is worth.

Crypto Times: 42DAO's BLC Stablecoin Depegs to Near Zero After $912K Oracle Exploit | CoinTelegraph: Balance Coin Crashes 99% After Reported $915K Exploit | Tron Weekly: Balance Coin Drops 99% As Reported $915K 42DAO Exploit Drains Liquidity

Getting paid to borrow money sounds like a financial fever dream. Sats Terminal just made it real on Starknet.

The BTC lending platform announced its integration with Starknet on July 22, enabling users to borrow USDC against their Bitcoin collateral through the Vesu lending protocol at a net APR of approximately -2.04% at a 50% loan-to-value ratio. In English: borrowers walk away with more money than they owe in interest, courtesy of STRK token rewards that more than cover the borrowing costs.

How negative interest actually works Negative APRs aren’t magic. They’re subsidized. Starknet has allocated at least 100 million STRK tokens toward its rewards program, and those incentives are what make the economics work for borrowers.

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Here’s the math on a concrete example. A borrower putting up 1 BTC as collateral can expect to earn roughly $1,997 annually from STRK rewards while paying approximately $1,344 in interest. That nets out to about $653 in the borrower’s pocket, just for taking out a loan.

The maximum loan-to-value ratio through Vesu can stretch up to 86%, though the juiciest negative rates come at the more conservative 50% LTV tier.

The integration runs through Vesu, a lending protocol on Starknet that positions itself as capital-efficient. Sats Terminal acts as the front-end interface, connecting Bitcoin holders to USDC liquidity without requiring them to sell their underlying BTC position. The loans are non-custodial, meaning users maintain control of their assets throughout the process.

Sats Terminal’s growing footprint The platform has onboarded over 100,000 unique wallets since its inception. Its backers include yzilabs, Coinbase Ventures, and Draper VC. Tim Draper himself highlighted the platform back in January 2026.

Co-founder Stanislav Havryliuk and his team have been building toward this kind of cross-chain integration. Moving onto Starknet, a ZK-rollup scaling solution originally designed for Ethereum, represents a bet that Bitcoin-native users want access to DeFi infrastructure beyond the Bitcoin network itself.

What this means for investors Negative rates funded by token rewards only work as long as the reward tokens maintain their value and the incentive programs keep running. STRK rewards that generate $1,997 annually today could generate significantly less if the token price drops or if Starknet decides to redirect those 100 million tokens elsewhere.

The 86% maximum LTV deserves attention from a risk perspective. High LTV ratios in volatile markets can lead to cascading liquidations. Conservative borrowers sticking to the 50% tier have meaningful buffer. Those pushing toward the ceiling are betting that Bitcoin’s price won’t move against them fast enough to trigger a margin call.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Flash Trade, a decentralized perpetual trading platform operating on the Solana network, experienced an exploit resulting in the unauthorized withdrawal of $98,000 in USDC. The incident took place on July 22 at 00:21 SGT and was linked to a validation flaw in the MagicBlock software development kit (SDK) used by the platform.

MagicBlock SDK flaw triggers unauthorized withdrawalThe exploit was traced to a vulnerability within the #[ephemeral] Anchor macro in the MagicBlock SDK, which handles callback processes for integrator smart contracts during undelegation requests. The flaw allowed an attacker to bypass undelegation checks by submitting a fabricated account designed to mimic a genuine user deposit.

Within a single transaction, the attacker’s account was used as the buffer for a sibling undelegation instruction. While the system correctly verified that the buffer was a signer owned by the delegation program, it failed to check that the buffer’s seeds matched the correct program-derived address. This oversight provided an opening for the exploit and resulted in the unauthorized withdrawal.

MagicBlock responded by reviewing other integrations that used the affected macro and notifying impacted projects. A patched version of the SDK, 0.16.2, now addresses the missing validation and is being recommended for immediate adoption by all integrators.

Mini dictionary: MagicBlock is a blockchain infrastructure company specializing in software tools and SDKs that enable fast and secure smart contract integration on Solana and other networks.

On July 22 at 00:21 SGT, Flash experienced an attack that resulted in a 98,000 USDC withdrawal from the platform. Flash’s batching and monitoring systems surfaced the activity immediately, and the team paused deposits and withdrawals within minutes.

According to statements from MagicBlock, the company has already worked with affected ecosystem participants to prevent similar incidents and is encouraging early upgrades to the patched SDK version.

Flash Trade reported that its new monitoring and batching systems flagged the unauthorized withdrawal within minutes, allowing the team to react quickly. All trading, deposits, and withdrawals were immediately paused as a precaution while the incident was investigated in coordination with MagicBlock.

Normal trading functions resumed within a few hours, but deposits and withdrawals remained offline for approximately 24 hours during a reconciliation process aimed at confirming all platform balances and ensuring user fund integrity. The team emphasized that this suspension was intentional to guarantee a full and accurate reconciliation.

Flash Trade and MagicBlock have jointly contributed to a reimbursement fund covering the entire affected amount, ensuring that users bear no losses resulting from the exploit.

Both Flash Trade and MagicBlock affirmed that they would fully cover the unauthorized withdrawals, guaranteeing that no user funds would be lost. The prompt response and full reimbursement have drawn praise from the broader Solana community.

Industry reaction and security recommendationsArmani Ferrante, CEO of Backpack, an established digital asset wallet provider, commented publicly on the incident. Ferrante identified the exploit as an example of system design weaknesses in margin trading platforms, suggesting the need for a structural overhaul. He recommended implementing an isolated, formally verified custody contract combined with a 24-hour withdrawal timelock to provide platforms with more time to halt suspicious transactions in the event of a compromise.

Such mechanisms, Ferrante argued, would help contain damage from attacks affecting oracle systems, wallet compromises, and margin manipulation. He recognized Flash Trade’s rapid response, noting the importance of proactive security measures in reducing potential losses.

MagicBlock, following the incident, has pledged ongoing collaboration with blockchain integrators, auditors, and independent security researchers to improve the resilience of their SDK offerings and support the wider ecosystem in mitigating such vulnerabilities moving forward.

PlatformExploit DateAsset AffectedAmount LostUser Funds Covered?Flash TradeJuly 22, 2026USDC$98,000Yes (fully covered)Wanchain Cardano BridgePrevious monthsNIGHT515 millionN/ADisclaimer: 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.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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Strata Markets, the DeFi protocol that slices yield strategies into risk tranches, has rolled out a new allocation strategy built around Lido Finance’s EarnUSD. The setup uses fixed-yield principal tokens on Strata’s senior tranche, loops them through Aave via Twyne, and opens up higher caps for users looking to park more capital.

How the EarnUSD strategy actually works The protocol operates a risk-tranching system that splits investment strategies into two buckets. Senior tranches, labeled srUSDe, are designed for investors who want lower risk and more predictable returns. Junior tranches absorb losses first, acting as a buffer — if something goes sideways, junior tranche holders take the hit before senior tranche holders feel anything.

The new EarnUSD strategy lives on the senior side. It allocates fixed-yield principal tokens, commonly called PT tokens, through the srUSDe tranche. These tokens represent a claim on a fixed return at maturity, similar to how a zero-coupon bond works in traditional finance.

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The strategy uses Aave’s lending protocol, accessed through Twyne, to loop those positions. Looping means depositing an asset as collateral, borrowing against it, and redeploying the borrowed funds back into the same or similar strategy. The result is a strategy that targets stable fixed yields with the junior tranche acting as first-loss capital underneath. Higher allocation caps mean users can deploy more capital into the strategy than previous offerings allowed.

Strata’s growing footprint in structured DeFi The protocol launched its first structured yield products on October 13, 2025, initially centered around Ethena’s USDe stablecoin. Since then, it has built up a total value locked of approximately $77 million as of July 2026.

The announcement of the EarnUSD integration was shared on Lido’s X account on July 22, 2026. Strata’s own X account, @strata_markets, has been active since April 2025 and has served as the primary communication channel for protocol updates.

Why this matters for DeFi investors The integration between Strata, Lido, and Aave highlights a pattern of major DeFi protocols building on top of each other through composability. But it also means risk is interconnected — a vulnerability in Aave’s lending markets could cascade through the Twyne leverage layer and into Strata’s tranches.

For investors weighing this strategy, the key questions are straightforward: What are the actual fixed yields being offered on the PT-srUSDe tokens? How much leverage is Twyne applying through Aave? And what happens to the junior tranche in a stress scenario where the underlying assets lose value quickly? The higher allocation caps allow larger depositors to concentrate more capital into a single strategy, but concentration risk is real, and smart contract risk doesn’t scale down just because the yield strategy is labeled “senior.”

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

TLDR Dogecoin retested a decade-long ascending support trendline near the $0.07 level. The same trendline supported major price recoveries after tests in 2017 and 2020. DOGE traded near $0.0731 and remained above Bollinger Band support at $0.0701. The MACD showed improving bullish momentum, although both lines stayed below zero. A breakout above $0.0777 could strengthen the rebound and open a move toward $0.08. Dogecoin (DOGE) returned to a decade-long ascending support trendline in July 2026, renewing interest in its historical price structure. The meme coin traded near $0.073 as buyers defended a zone that supported earlier market recoveries. Technical indicators showed improving momentum, but the price remained below levels needed to confirm a stronger rebound.

Dogecoin Approaches Critical Floor From Past Cycles Technical analyst Trader Tardigrade highlighted the monthly chart after the price reached the long-running ascending trendline. Dogecoin previously touched this support during 2017 and 2020 before recording substantial rallies. The latest contact places the asset near the same structural floor almost ten years after its first test.

$Doge/monthly#Dogecoin bounces every single time it touches this support trendline — and the pump after each touch is accelerating.

2017: Touch → Pump
2020: Touch → Bigger pump
2026: Touch → ?

This is a long-term support that has held for nearly a decade. Every bounce gets… pic.twitter.com/4paJozoI6j

— Trader Tardigrade 🧬 (@TATrader_Alan) July 22, 2026

The shared chart marked each trendline contact with upward arrows and increasingly taller yellow bars. These markers represented stronger advances following earlier touches, although past performance does not establish future outcomes.

“The pattern repeats. The next pump is loading,” the analyst wrote on X.

Dogecoin traded between roughly $0.070 and $0.076 as the monthly support faced another test. Market data placed the token near $0.073, while several long-term support measures converged around the same area. Holding that range would preserve the broader rising structure shown on the monthly chart.

Daily Indicators Show Limited Recovery Dogecoin changed hands near $0.0731 on the daily chart and declined about 0.4% during the session. The price remained below the Bollinger Band midpoint at $0.0739, showing limited buying control. However, the lower band near $0.0701 continued to support the market during recent weakness.

DOGE price recovered modestly after approaching $0.070 earlier in July. A daily move above $0.0777 would clear the upper Bollinger Band and strengthen the current recovery. That breakout could place $0.080 within reach, but the chart has not confirmed that move.

Source: TradingView

Dogecoin must also retain the $0.070 area to prevent further technical weakness. A daily close below that level could expose lower support zones and weaken the long-term setup. Therefore, the current range remains important for short-term direction and broader trend stability.

The MACD line stayed above its signal line, while the histogram remained positive. That configuration showed improving bullish momentum after the early-July decline. Still, both MACD lines remained below zero, which limited the strength of the signal.

A break above $0.0777 would confirm stronger price momentum on the daily chart. Such a move would also place the price above the upper Bollinger Band.

Uniswap just shipped one of the more quietly significant upgrades in DeFi this year. The DualPool hook, built for Uniswap v4, has completed its audit and is now open source, meaning any team can deploy it to start earning on both active trading liquidity and the capital that’s just sitting there doing nothing.

Here’s the thing: in traditional AMM design, a huge chunk of liquidity provider capital sits idle at any given moment. It’s committed to the pool but not actively facilitating trades. The DualPool hook turns that dead weight into a yield-generating asset by routing idle funds into vaults, including ERC-4626 yield vaults, while keeping them available when a trade needs them.

How the DualPool hook actually works Think of it like a savings account that doubles as a checking account. Your money earns interest when it’s not being spent, but it’s instantly accessible the moment you need to write a check. In DeFi terms, liquidity sits in a yield vault until a trade hits the relevant price range, at which point it gets pulled back into the pool to facilitate the swap.

In English: LPs no longer have to choose between earning trading fees and earning vault yields. They get both.

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The hook supports customization across several dimensions. Teams can set tailored tick ranges, which determine the price boundaries where their liquidity is active. They can also choose between single deposits or pooled deposit options, making the system flexible enough for both correlated pairs like stablecoin-to-stablecoin swaps and more volatile asset combinations.

Uniswap has also rolled out developer resources alongside the launch, including official documentation and livestreams aimed at walking teams through implementation.

Spark’s $150 million vote of confidence The DualPool hook isn’t launching into a vacuum. Spark, the lending and liquidity protocol associated with MakerDAO’s ecosystem, migrated $150 million in stablecoin liquidity to Uniswap v4 in June 2026. That migration was specifically designed to leverage the DualPool architecture for Spark’s FX layer, which handles conversions between different stablecoins.

Spark’s use case also illustrates why the DualPool hook is particularly compelling for stablecoins. Foreign exchange layers for stablecoins require deep liquidity to minimize slippage, but because stablecoin pairs have narrow price ranges, the vast majority of that liquidity is idle at any given time. Routing it into yield vaults while it waits is, frankly, obvious in hindsight.

What this means for investors and the broader DeFi landscape The core thesis here is capital efficiency. DualPool takes a different approach by accepting that some liquidity will always be idle and making that idle capital productive rather than trying to eliminate it.

The risk, of course, is smart contract complexity. Every additional layer of composability, vaults on top of hooks on top of pools, adds potential attack surface. The completed audit is reassuring, but DeFi history is littered with audited contracts that still got exploited. Teams deploying DualPool should be treating their vault integrations with the same paranoia they’d apply to any financial infrastructure handling meaningful capital.

For traders and investors watching from the sidelines, the key metric to track will be total value locked in DualPool-enabled pools over the coming months. If the $150 million from Spark is just the beginning and other protocols follow suit, Uniswap v4 could see a meaningful influx of sticky liquidity that makes its pools consistently deeper than the competition’s.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Avalanche (AVAX) is showing early signs of recovery, with analysts pointing to weakening selling pressure on its weekly price chart. Increasing on-chain activity indicates heightened participation across the Avalanche ecosystem, supporting a cautiously optimistic outlook for a sustained price rebound.

AVAX market overviewAVAX is currently priced at $6.59, reflecting steady performance over the past 24 hours. The token maintains a 24-hour trading volume of $259.26 million and a market capitalization of $2.85 billion. Despite recent stagnation, AVAX’s technical structure suggests a potential shift toward bullish momentum.

Crypto波段王|Bird, a widely-followed cryptocurrency analyst, noted that Avalanche remains in a prolonged downtrend, consolidating near $6.50 after falling sharply from above $50. Bird pointed out that recent small-bodied candlesticks on the weekly chart indicate fading downward pressure—from sellers—while buyers are gradually building a support base in this price zone.

Small-bodied candlesticks on AVAX’s weekly chart suggest selling momentum is decreasing, as buyers attempt to accumulate the token near $6.50 after a steep decline from its highs above $50.

Two downward-sloping moving averages continue to reinforce the bearish broader trend. Technical resistance remains significant in the $22 to $25 range. In the short-to-medium term, AVAX would first need to reclaim $9 to $10 before moving toward $12 to $13, according to Bird.

Should AVAX surpass these resistance barriers, a recovery to the $16 to $18 region may become realistic. This scenario could increase long-term confidence among investors and contribute to more sustained bullish sentiment for the asset.

Support/ResistanceLevelImmediate support$6.30Near-term resistance$9-$10Mid-term resistance$12-$13Major resistance$22-$25Downside risk$5.50On-chain activity trendsData provided by MSB Intel highlights robust growth in Avalanche’s on-chain activity. Over the past year, the network’s daily transactions increased from 953,000 to 3.87 million, reflecting significant adoption by both developers and end users.

This rapid increase in transaction volume signals that the Avalanche ecosystem is expanding, with more participants engaging with decentralized applications and the broader network.

Mini dictionary: MSB Intel—A blockchain analytics platform that monitors and reports on-chain data, including transaction volume, network activity, and usage trends for various cryptocurrency projects.

Strong and consistent on-chain activity contributes to greater liquidity and heightens investor confidence in the Avalanche platform. Analysts expect that persistent transaction growth may support price stability and long-term network development.

Technical outlook and risksIndicators such as Trend Scalp show that AVAX remains highly oversold, but recent stabilization suggests the downtrend’s momentum may be easing. A bullish reversal could occur if buying interest and volumes continue to rise. AVAX must stay above the $6.30 level to maintain short-term recovery potential. A drop below this support could open the way to a test of $5.50.

While recent price action is largely neutral, ongoing improvements in broader crypto market sentiment and rising network participation could trigger a breakout in AVAX, assuming positive conditions persist.

If buying volume increases and AVAX holds key support, there is potential for a bullish crossover and price recovery, provided the overall market environment remains favorable.

Despite optimistic outlooks and an uptick in on-chain metrics, market experts continue to urge caution, citing the inherent volatility of cryptocurrency markets. Investors are encouraged to conduct thorough research before making any investment decisions.

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.

Plume's nOPAL is now live on Avalanche, bringing tokenized Brazilian credit card receivables to one of the fastest-growing ecosystems for institutional private credit.

The launch gives allocators direct access to Brazilian credit card receivables through a tokenized vault, expanding access to an asset class that has traditionally been limited to institutional markets. It also expands nOPAL to Avalanche, connecting Brazilian private credit with a growing ecosystem of institutional issuers and allocators.

What Is nOPAL?nOPAL is a tokenized Plume vault issued by BlackOpal, backed by institutional-grade Brazilian credit card receivables. 

When a small business accepts a credit card payment, the funds aren't received immediately. Instead, the merchant holds a receivable that will settle through Visa or Mastercard. BlackOpal purchases those receivables at a discount and collects payment once they settle. Because the receivables are registered with Brazil's Central Bank, collections flow through the existing payment network infrastructure.

The result is exposure to a real-world credit strategy that's now available onchain through Avalanche.

How nOPAL Works

The returns come from real economic activity, not token incentives or crypto market movements. The underlying receivables settle through the same payment networks that process millions of transactions every day, creating a structure designed around established financial infrastructure.

A few numbers that back it up:

0% default rate since inceptionAudited by 0xMacro and SpearbitBacked by BlackOpal's 25+ years of credit market experience and $200M+ in institutional support

Why Avalanche?Avalanche has become one of the leading ecosystems for tokenized private credit, bringing together the infrastructure, issuers, and growing allocator network needed to support institutional markets onchain.

For asset managers, launching on Avalanche means more than accessing high-performance blockchain infrastructure. It means joining an ecosystem where institutional participants are already deploying capital across tokenized assets, helping connect new investment opportunities with active demand.

The network's deterministic finality, high throughput, predictable fees, and EVM compatibility provide the foundation for institutional-grade workflows, while its growing ecosystem continues to attract tokenized credit products from around the world, including a rapidly expanding pipeline across Latin America.

nOPAL adds another example of that momentum, bringing Brazilian receivables onchain through a structure designed for institutional investors and expanding access to one of the region's largest private credit markets.

Open Finance in PracticenOPAL shows what open finance looks like in practice. A real-world credit strategy becomes available onchain, giving allocators more efficient access to institutional assets while preserving the underwriting and settlement processes behind them. As more issuers bring private market assets to Avalanche, the network continues to connect those opportunities with a growing base of capital.

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This material is for general informational and educational purposes only and does not constitute financial, investment, legal or tax advice. Tokenized assets involve risk and may not be suitable for all participants. Returns, performance and characteristics of traditional financial instruments may not translate identically to their tokenized counterparts. Always conduct your own research and consult qualified professionals before making decisions involving real-world assets or blockchain-based systems.

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Plume Network’s nOPAL vault is now live on Avalanche, giving DeFi users access to foreign exchange-hedged Brazilian credit card receivables. The product offers yields in the 8% to 12% APY range depending on market conditions, with no KYC requirements and no redemption fees.

What nOPAL actually does When Brazilian consumers swipe their credit cards, the merchants who accepted those payments are owed money. Those future payments, or receivables, can be bundled and sold to investors as a form of short-duration credit. The FX hedging part means the currency risk between Brazilian reais and US dollars is managed, so investors aren’t accidentally betting on emerging market forex.

BlackOpal Finance handles the origination and structuring of those underlying receivables. Plume Network then wraps them into the nOPAL vault, which users can access by depositing USDC or pUSD through Plume’s Nest platform. The vault mints a token representing the investor’s share of the pool.

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On Plume’s own mainnet, the nOPAL pool has accumulated approximately $42.7 million in total value locked, with a supply APY sitting around 8.4%. The Avalanche deployment now extends that same product to a new blockchain ecosystem.

Why Avalanche, and why now This isn’t nOPAL’s first cross-chain rodeo. The vault was already operational on Plume’s mainnet and on Solana before making the jump to Avalanche. For Plume, launching on Avalanche complements BlackOpal Finance’s existing LiquidStone II Vault.

Plume Network launched its mainnet in June 2025 with $150 million in real-world assets deployed from day one.

The broader RWA context The nOPAL vault targets Brazilian consumer credit, a market that has historically been difficult for international investors to access efficiently. The combination of tokenization, FX hedging, and permissionless access removes several friction points at once.

While many institutional RWA products require identity verification, nOPAL allows deposits without KYC and charges no redemption fees, positioning it toward DeFi-native users.

What this means for investors The yield is generated from real economic activity, specifically Brazilian consumers paying their credit card bills. That’s fundamentally different from yields generated through token emissions or liquidity mining.

The nOPAL vault represents a tokenized share of BlackOpal Finance’s LiquidStone II Vault, which purchases future receivables derived from Brazilian credit card transactions settling through Visa and Mastercard networks. Credit card receivables carry default risk, and Brazilian macroeconomic conditions, interest rate policy, and consumer spending patterns all feed into the quality of the underlying assets. The $42.7 million TVL on Plume’s mainnet suggests meaningful adoption, but investors are taking emerging market credit risk.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Jimothy Reaches Record Price After Week-Long RallyJimothy, a Solana-based memecoin, climbed another 30% on July 22, reaching a new all-time high of $0.026. The token has now surged roughly 970% over the past seven days, extending one of the more remarkable short-term runs in the Solana memecoin market.

The token's origin follows a now-familiar pattern on the network. Jimothy is a raccoon living in Seattle's Ballard neighborhood, filmed by local resident Kiana Hall near a Goodwill store. Once the raccoon clips spread, anonymous developers moved quickly to list a token named after it. The token launched on Pump.fun, a Solana-based meme-coin issuance platform, as interest in the original meme spread. Pump.fun's official account then reposted the token on X, pushing it in front of an even larger trading audience.

Warner Bros. Amplifies the MomentThe rally received a notable boost from an unexpected corner. Warner Bros. Games posted on social media: "URGENT UPDATE: Jimothy has reached Gotham City," a nod to the raccoon's crossover into gaming culture. Warner Bros. Games noted that Jimothy had found its way into LEGO Batman's Gotham City. The post added mainstream visibility to a token that had until then been driven largely by organic crypto-community activity.

The broader gaming world has also taken notice. Among Us posted a tribute to Jimothy featuring a Crewmate and the raccoon, while Dead by Daylight and The Sims also shared their own versions of the character. Video game mods featuring Jimothy have begun appearing as well, broadening the cultural footprint beyond social media.

Despite the momentum, analysts urge caution. Analysts tracking Pumpfun note that most tokens launched on the platform lose the bulk of their value within days of debuting. Like most Pump.fun launches, the token has no whitepaper and no official connection to the raccoon or the city, and its price moves on attention alone.

Sources:
BeInCrypto: Jimothy The Raccoon Solana Token Climbs After Viral Meme Fame
CryptoNews: What Is Jimothy Memecoin?
GosuGamers: Viral Raccoon Jimothy Goes Viral in Gaming

Key Highlights Table of Contents

Key HighlightsRamp Embeds Stablecoin Functionality Into Corporate Financial SystemsSolana Network Enables Accelerated International Stablecoin TransactionsRamp Broadens Stablecoin Offerings Amid Rising Corporate ImplementationGet 3 Free Stock Ebooks Ramp unveils Solana-integrated stablecoin accounts for corporate payment operations.

Companies can execute USDC and USDT transactions around the clock via Ramp’s platform.

Ramp eliminates the need for standalone wallets in corporate stablecoin payment processes.

Solana network enables Ramp to facilitate rapid international stablecoin settlements.

Ramp extends integrated stablecoin payment capabilities to over 140 nations.

Ramp has unveiled a new corporate payment solution featuring Solana-integrated stablecoin accounts designed for organizations conducting international business. This offering enables companies to store, transfer, and receive USDC and USDT without requiring independent cryptocurrency infrastructure. By embedding stablecoin functionality directly into corporate financial operations, Ramp facilitates continuous cross-border payment processing.

Ramp Embeds Stablecoin Functionality Into Corporate Financial Systems Ramp unveiled Stablecoin Accounts that enable organizations to maintain USDC and USDT holdings directly within its corporate finance platform. These accounts function in parallel with conventional cash reserves through a unified interface and authorization framework. Financial departments can oversee both traditional currency and blockchain-based transfers without altering current operational procedures.

STABLECOINS ARE NOW ON RAMP.

Your business operates 24/7, but your money only operates Mon-Fri, unavailable on evenings, weekends, & holidays.

Now you can pay vendors faster across borders & move money in USDC or USDT with the approvals & accounting workflows you already use.… pic.twitter.com/3LWphYZRmd

— Ramp (@tryramp) July 21, 2026

The solution eliminates requirements for independent cryptocurrency wallets, exchange platforms, or manual reconciliation tasks. Organizations can initiate transactions using stablecoin reserves, Ramp Checking accounts, or connected banking relationships. The platform automatically logs each transaction within integrated accounting systems utilizing established compliance documentation.

This rollout addresses increasing corporate requirements for expedited international payment mechanisms. Throughout the public testing phase, over 150 organizations implemented these accounts spanning various sectors. Participating entities included companies beyond the cryptocurrency industry, demonstrating widespread corporate appetite for stablecoin-powered payment technology.

Solana Network Enables Accelerated International Stablecoin Transactions Ramp constructed this payment capability on infrastructure accommodating stablecoin deposits through seven blockchain protocols, with Solana among them. This blockchain delivers rapid transaction processing and reduced network fees for digital currency movements. Organizations can therefore finalize international settlements independent of conventional banking timeframes.

Businesses can transmit USDC or USDT directly to suppliers and independent contractors across more than 140 nations. They additionally possess the ability to exchange stablecoin payments into traditional currencies within over 40 regional markets. Organizations no longer face delays associated with banking hours when executing international transfers.

The system also permits companies to compensate suppliers using stablecoins without maintaining digital asset holdings. Ramp transforms funds from connected U.S. dollar accounts into USDC or USDT prior to transaction completion. Organizations obtain blockchain payment capabilities while maintaining operations through established banking relationships.

Ramp Broadens Stablecoin Offerings Amid Rising Corporate Implementation Ramp announced that organizations can accumulate rewards reaching 3.25% on qualifying stablecoin holdings maintained within Stablecoin Accounts. The firm characterized these holdings as digital dollar equivalents supported by cash reserves for transaction processing and treasury operations. It framed the accounts as payment mechanisms rather than speculative instruments.

Over 1,000 organizations currently utilize stablecoins via Ramp for compensating suppliers internationally. The company reports that more than 70% of these transaction volumes take place beyond standard banking hours. This activity underscores growing corporate demand for payment infrastructure functioning outside traditional financial operating windows.

This service expansion represents broader sector initiatives to incorporate stablecoins into conventional corporate finance operations. Ramp constructed the platform using infrastructure supplied by Stripe via Bridge and Privy. As stablecoin utilization increases, Ramp seeks to streamline international transaction processing while minimizing operational complexity for financial teams.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

Uranium spot prices have settled into a comfortable range around $85 per pound, and long-term contract prices for U3O8 are sitting at $90 per pound, a level not seen since 2008, according to Cameco data.

Data center electricity demand is expected to more than double by the end of the decade. Nuclear power offers consistent baseload generation for hyperscale computing facilities that need 99.999% uptime. Major tech companies have started signing nuclear power purchase agreements. On the supply side, new uranium mining projects take years to bring online, and even if every planned mine broke ground tomorrow, production wouldn’t catch up with demand anytime soon.

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Bitcoin miners pivot to AI, nuclear enters the conversation Several companies that built their businesses around Bitcoin mining are now repurposing their infrastructure for AI and high-performance computing data centers. Applied Digital, Cipher Mining, and Hut 8 have all made moves in this direction.

Then there’s Uranium Digital, a project that plans to tokenize uranium trading on the Solana blockchain. The platform aims to be fully operational by early 2026 and has attracted backing from prominent family offices and investors. No major crypto-native tokens currently offer direct uranium exposure.

What investors should watch More than 85% of surveyed investors believe 2026 will be a pivotal year for uranium pricing. Analyst forecasts suggest prices could reach $100 to $120 per pound if AI-driven demand maintains its current trajectory, representing a potential 18% to 41% upside from current spot levels. Uranium spent most of the 2010s trading below $30 per pound following the post-Fukushima depression.

Tokenized commodity platforms like Uranium Digital represent a potential expansion of blockchain utility into markets that genuinely need better trading infrastructure. The spot uranium market is thin, bilaterally negotiated, and difficult for smaller participants to access.

The near-term catalyst to watch is whether long-term uranium contract prices break above $90 per pound and hold, which would confirm the market has moved past the post-Fukushima hangover and into a new structural regime.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Table of contents

Every transaction on a public blockchain is permanently recorded and visible to anyone in the world. But raw blockchain data — stored as cryptographic hashes across thousands of nodes — is unreadable without a tool that translates it into something a human can actually interpret. That tool is a blockchain explorer.

If you’ve ever pasted a Bitcoin transaction ID into a search bar and watched a page populate with sender addresses, recipient addresses, amounts, confirmations, and timestamps — you’ve used a blockchain explorer. It’s the closest thing the crypto ecosystem has to a public ledger with a search interface, and understanding what it shows you is foundational to working with any blockchain seriously.

What Is a Blockchain Explorer? A blockchain explorer is a web-based application that indexes all publicly available data on a given blockchain and presents it in a searchable, human-readable format. Think of it as a search engine specifically built for blockchain data — except unlike Google, which decides what to index and what to surface, a blockchain explorer surfaces everything, because every transaction on a public blockchain is accessible to anyone.

The explorer connects to a blockchain node (or a network of nodes), continuously receives new blocks as they’re confirmed, parses the data in each block, and stores it in a structured database that users can query. The result is a real-time, fully auditable window into every transfer, every wallet balance, every smart contract interaction, and every block that has ever been added to the chain.

Different blockchains have their own explorers because the underlying data structures differ. Bitcoin’s UTXO model records transactions differently from Ethereum’s account-based model, which records activity differently from a Layer-2 network like Arbitrum. The most widely used explorers include:

Etherscan — the dominant Ethereum explorer, also the model for dozens of EVM-compatible chain explorers Blockchain.com Explorer — one of the oldest Bitcoin explorers, covering BTC, ETH, and BCH Mempool.space — a clean, open-source Bitcoin mempool and block explorer widely used by technical users Solscan — the primary explorer for the Solana ecosystem Each provides the same core function — making blockchain data searchable — but their interfaces, data depth, and additional features differ significantly. For live activity on the two largest networks, see Bitcoin News Today and Ethereum News Today.

What Information Does a Blockchain Explorer Show? The information available through a blockchain explorer falls into several categories. Understanding each one tells you what you can actually verify.

Transaction Data The most common use case. When you paste a transaction hash (also called a transaction ID or TXID) into an explorer, you get:

Status — confirmed, pending, or failed Block number — which block the transaction was included in Timestamp — when the block containing your transaction was mined or validated From address — the wallet that initiated the transaction To address — the receiving wallet or smart contract Value — the amount transferred Gas fee / transaction fee — what was paid to the network validators or miners to process it Input data — for smart contract interactions, the encoded function call and parameters On Ethereum, a “failed” transaction still shows up in the explorer and still costs gas, because the network processed the attempt even if it didn’t succeed. This is a common source of confusion for new users — seeing a failed transaction consuming fees is counterintuitive until you understand that execution costs are charged regardless of outcome.

Wallet and Address Data Entering any wallet address into a blockchain explorer shows you:

Current balance — across native tokens and, on explorers like Etherscan, ERC-20 tokens held at that address Complete transaction history — every inbound and outbound transaction, in chronological order Token holdings — for Ethereum addresses, a list of all ERC-20 tokens and NFTs associated with the address First and last activity — when the address first appeared on-chain and its most recent transaction One thing beginners often find surprising: blockchain explorers reveal this information for every wallet address, including those belonging to large institutions, exchange cold wallets, and smart contracts — whether that wallet is a software wallet like Trust Wallet or a hardware wallet like the Ledger Nano X. There is no privacy at the address level on a public blockchain. The pseudonymity comes from the separation between a wallet address and a real-world identity — but once an address is linked to a person (through an exchange deposit, a public disclosure, or chain analysis), all historical activity becomes visible.

Block Data Each block on a blockchain contains a batch of transactions. Clicking on a specific block in an explorer shows:

Block height — the sequential number of the block in the chain Block hash — the unique cryptographic identifier for that block Previous block hash — the hash of the block immediately before it, which is what creates the “chain” structure Miner / validator — the address that produced the block and received the block reward Transactions count — how many transactions are included Block size — in bytes, relevant for network capacity analysis Gas used / gas limit (Ethereum) — actual consumption versus maximum allowed Timestamp — exactly when the block was added Difficulty / total difficulty (for proof-of-work chains) Blocks are the fundamental unit of the blockchain. Every transaction you’ve ever made is stored inside one of these blocks, linked backward to the genesis block through an unbroken chain of cryptographic hashes. The explorer makes that structure navigable.

Smart Contract Data For Ethereum and other smart contract platforms, blockchain explorers provide a layer of transparency over contract code and activity:

Contract source code — if the developer verified and published the code, you can read the exact logic defining how the contract works ABI (Application Binary Interface) — the technical specification for how to interact with the contract Read functions — query the contract’s current state (token balances, pool reserves, ownership) Write functions — interact directly with verified contracts through the explorer’s interface Events and logs — a record of every event the contract emitted, which is how DeFi protocols record swaps, liquidity additions, liquidations, and governance votes Contract verification is voluntary — developers choose to publish their source code for public audit. Unverified contracts show only bytecode, which is machine-readable but not human-readable. A contract that isn’t verified isn’t necessarily malicious, but it is a legitimate reason for caution.

The Mempool: What Happens Before Confirmation Most blockchain explorers include a view of the mempool — the pool of unconfirmed transactions that have been broadcast to the network but not yet included in a block. This is where transactions live between the moment you submit them and the moment a validator or miner includes them in a block.

The mempool is dynamic. During periods of high network activity — a popular NFT mint, a major market move, or a large airdrop — thousands of transactions compete simultaneously for limited block space. Transactions with higher fees attached move to the front of the queue; transactions with lower fees wait, sometimes for hours.

Understanding the mempool helps users make informed decisions about fee settings. Before sending a time-sensitive transaction, checking the current mempool state on an explorer tells you what fee level is required for inclusion in the next block versus a longer wait. This is why tools like Mempool.space, which specializes in Bitcoin mempool visualization, have become popular with experienced Bitcoin users.

How to Use a Blockchain Explorer: Step by Step Using a blockchain explorer requires no account, no login, and no software. It’s a website.

Step 1: Choose the right explorer for your blockchain. Etherscan is for Ethereum mainnet. If you’re looking up a transaction on Polygon, use Polygonscan. For Solana, use Solscan. Using the wrong explorer for your network will return no results — your transaction exists on a different chain’s database.

Step 2: Get your transaction hash, wallet address, or block number. Your crypto wallet app shows transaction hashes in the transaction details view. An exchange withdrawal confirmation email typically includes one. A wallet address is the alphanumeric string you share with others to receive funds.

Step 3: Paste it into the search bar. The explorer identifies what type of data you entered (address, transaction hash, or block number) and routes you to the appropriate view automatically.

Step 4: Read the results. For a transaction, the most important fields are status (confirmed/pending/failed), the number of confirmations, and the timestamp. For an address, the balance and recent transaction history are the most relevant views. For a smart contract, the “Contract” tab shows whether the source code has been verified.

Step 5: Verify what you need to verify. Most explorer use cases involve confirming that a transaction occurred, checking a wallet’s balance before sending, or verifying that a smart contract does what its developers claimed.

Why Blockchain Explorers Matter Beyond Basic Verification The immediate utility of blockchain explorers — confirming that your transaction went through — is obvious. The deeper value is less obvious but more significant.

On-chain transparency as accountability. Every protocol that claims to hold funds in a smart contract can be verified. Every exchange that claims to maintain reserves can be audited against its published wallet addresses. Every token contract that claims a fixed supply can be confirmed against the total minted. The “don’t trust, verify” principle of crypto culture is operationally meaningless without the tools to actually verify — and blockchain explorers are those tools.

Market intelligence. Large wallet movements, exchange inflows and outflows, whale accumulation patterns, and smart contract interactions are all visible on-chain before they appear in price charts. On-chain analysts who monitor these signals have developed an entire discipline around reading blockchain data for market signals.

Due diligence on projects. Before interacting with a new DeFi protocol or buying a new token, checking the contract address on an explorer tells you whether the code is verified, how long the contract has been active, how many users have interacted with it, and whether the deployer address has a suspicious history. It’s not foolproof, but it’s a meaningful filter.

Troubleshooting. When a transaction is stuck, the explorer tells you exactly why — whether it’s still in the mempool waiting for higher-fee transactions to clear, whether it failed due to insufficient gas, or whether it was replaced by a later transaction with a higher fee (a process called RBF, or Replace-By-Fee, on Bitcoin).

For context on how blockchain transparency connects to real-world financial applications including institutional crypto infrastructure, blockchainreporter’s latest blockchain and crypto news coverage tracks how these fundamentals are being applied across DeFi, payments, and enterprise adoption.

Limitations of Blockchain Explorers Blockchain explorers show everything that’s on-chain. They don’t show what isn’t.

Off-chain activity is invisible. Transactions processed on centralized exchanges (a trade on Coinbase, a transfer between accounts on Binance) don’t appear on blockchain explorers unless they involve an on-chain withdrawal or deposit. The internal ledger of a centralized exchange is not a blockchain.

Layer-2 activity requires Layer-2 explorers. Transactions on Lightning Network channels, Optimism, Arbitrum, or other Layer-2 networks have their own data structures and require their own explorers. Settlement of Layer-2 batches back to the base layer is visible on the L1 explorer, but individual L2 transactions are not.

Privacy coins by design. Monero and Zcash use cryptographic techniques (ring signatures and zk-SNARKs respectively) to obscure sender, receiver, and amount information. Their blockchain explorers exist but show substantially less information than Bitcoin or Ethereum explorers — see Zcash News Today for more on how Zcash’s shielded transactions work.

Address labels are incomplete. Explorers can tell you what happened on-chain but usually can’t tell you who owns an address without supplementary data. Some explorers (Etherscan in particular) allow the community to tag known addresses — exchange hot wallets, protocol treasuries, identified hackers — but most addresses remain unlabeled.

Popular Blockchain Explorers by Network NetworkExplorerKey FeatureBitcoinMempool.spaceBest mempool visualizationBitcoinBlockchain.com ExplorerLong-established, multi-chainEthereumEtherscanIndustry standard, contract verificationSolanaSolscanSPL token and NFT supportPolygonPolygonscanEVM-compatible, Etherscan-basedBNB ChainBscScanEVM-compatible, Etherscan-basedBitcoin testnetMempool.space/testnetDevelopment testing The EVM-compatible explorers (Polygonscan, BscScan, and dozens of others) are all built on the same Etherscan codebase, which is why their interfaces look nearly identical. Etherscan provides the infrastructure as a service to other chains — a practical example of how blockchain tooling has become modular.

This article is for informational and educational purposes only.

Frequently Asked Questions What is a blockchain explorer? A web application that indexes all data on a public blockchain — transactions, wallet addresses, blocks, and smart contracts — and presents it in a searchable, human-readable format. It functions like a search engine built specifically for on-chain data.

What can I find on a blockchain explorer? Transaction status and history, wallet balances and activity, block data, smart contract source code and interactions, and token holdings. Most explorers also show a live mempool view of unconfirmed transactions waiting to be included in the next block.

Do I need an account to use a blockchain explorer? No. Blockchain explorers are publicly accessible websites requiring no login, registration, or payment for standard browsing. Some offer optional paid API tiers for developers who need automated, high-volume access to the data.

Is every blockchain transaction visible on an explorer? Yes, for public blockchains. Privacy coins like Monero and Zcash are an exception, using cryptographic techniques to obscure transaction details. Off-chain activity, such as trades within a centralized exchange's internal ledger, also won't appear on a blockchain explorer.

What is a transaction hash? A unique alphanumeric identifier for a specific blockchain transaction, generated when the transaction is broadcast to the network. Pasting it into an explorer retrieves all details about that transaction.

Which blockchain explorer should I use? Use Etherscan for Ethereum, Mempool.space for Bitcoin, and the chain-specific explorer for any other network (Solscan for Solana, Polygonscan for Polygon, etc.).

Can I see who owns a wallet address? No. Blockchain explorers show transaction history and balances for any address but cannot identify the real-world owner unless the address has been voluntarily linked to an identity or labeled through community tagging.

Is blockchain down if an explorer isn't loading? Not necessarily. An explorer outage means the indexing service itself is temporarily unavailable, not that the underlying blockchain has stopped running. The network can continue confirming transactions normally even if a specific explorer's website is briefly slow or inaccessible — trying a different explorer for the same network will confirm this.

A digital collectible car platform just pulled off one of the more eye-catching fundraises on Solana this year. Rip Cars, which bills itself as the world’s first Hot Wheels-inspired gacha platform on the blockchain, attracted $20.9M in commitments through its ICO on MetaDAOProject, a Solana-native launchpad that governs fundraising through decision markets rather than the usual token-holder voting.

To put the oversubscription in perspective: the project set a minimum raise target of $250K. It closed with commitments of $20.9M. That is not a rounding error.

What MetaDAO actually does differently The platform uses a governance model built on futarchy, which is a fancy word for decision markets. In English: instead of token holders voting on proposals with their wallets, the system uses prediction-market-style mechanisms to determine which proposals are likely to produce good outcomes. Governance follows the market signal rather than a popularity contest.

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MetaDAO also structures its raises around what it calls “ownership coins,” where early investors acquire genuine stakes in projects through a transparent and refundable process. The goal is to legally connect token ownership with actual business outcomes, not just speculative upside.

The platform completed a $2.2M private funding round in August 2024 and has now executed 14 launches in total. Cumulative fundraising across those projects has surpassed $44M, with the Rip Cars ICO representing a substantial portion of that total.

Gacha mechanics meet blockchain collectibles Rip Cars is essentially betting that two things with proven mass-market appeal, randomized collectible mechanics and die-cast car nostalgia, translate well to a blockchain-native format.

Gacha is a collectible model borrowed from Japanese vending machines and popularized by mobile games like Pokémon GO and countless others. You pay a set amount, you receive a randomized item. Sometimes it is common, sometimes it is rare, and the uncertainty is precisely the point.

The fundraising event launched around July 20, 2026, with a live period running approximately three days at a fully diluted valuation of $645K.

What this means for investors and the Solana ecosystem The $20.9M commitment figure deserves some scrutiny before drawing sweeping conclusions. Commitments are not the same as capital settled. Refundable raise structures, which MetaDAO uses, mean that not every dollar committed necessarily converts to a completed investment.

The Rip Cars raise also tests an interesting allocation mechanism. MetaDAO is experimenting with something called an Ownership Score for determining how allocations are distributed among participants.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.