Malajsijská policie rozbila nelegální těžbu bitcoinu v Tronohu, zadržela dva muže a zabavila 73 těžebních strojů. Vyšetřovatelé uvedli, že zařízení běžela na ukradenou elektřinu.
Malaysian police have dismantled an illegal Bitcoin mining operation and arrested two men after seizing 73 mining machines that investigators say were powered through stolen electricity.
Summary
Malaysian police arrested two men and seized 73 Bitcoin mining machines during raids on three properties in Tronoh. Investigators said the mining operation used stolen electricity through illegal power connections confirmed by TNB inspections. The latest crackdown follows earlier Bitcoin mining raids in Terengganu and Kuala Lumpur linked to electricity theft across Malaysia. According to a statement from Batu Gajah district police chief Assistant Commissioner Md Noor Aehawan Mohammad, officers carried out coordinated raids at three properties in Tronoh on Tuesday night under Op Elektrik, uncovering what investigators described as illegal Bitcoin mining activities supported by unauthorized electricity connections.
The operation began at about 9:02 p.m. and involved personnel from the district Criminal Investigation Department together with the Technical Unit of Malaysia’s national electricity provider, Tenaga Nasional Berhad (TNB), also known as the SEAL Team.
Police detained two local men, aged 40 and 52, to assist with the investigation. Alongside the arrests, officers confiscated 73 Bitcoin mining machines and additional equipment believed to have been used to operate the mining network.
Bitcoin mining operation used illegal power connections Police said inspections carried out during the operation found that each of the three premises had been used for Bitcoin mining. Technical examinations conducted by TNB later confirmed electricity theft at two abandoned houses, while the third property involved in the case was an unoccupied house.
Md Noor Aehawan said investigators found evidence that the mining equipment had been connected through illegal electricity supply lines rather than legitimate metered connections.
Both suspects have been remanded for three days, beginning Wednesday and ending Friday, to facilitate further investigations.
Authorities are investigating the case under Section 427 of Malaysia’s Penal Code for committing mischief, including electricity theft, as well as Section 37(1) of the Electricity Supply Act 1990, which covers interference with electrical installations.
Police also urged residents to report suspicious activities linked to electricity theft or unauthorized cryptocurrency mining. Members of the public with relevant information have been asked to contact the Batu Gajah district police operations room or the nearest police station.
Malaysia has continued targeting illegal Bitcoin mining The latest enforcement action follows several similar crackdowns carried out across Malaysia over the past year as authorities continue to target cryptocurrency mining operations that bypass electricity meters.
In May, Terengganu police dismantled another suspected Bitcoin mining syndicate during Op Letrik after raiding properties in the Hulu Terengganu and Marang districts. Working alongside TNB’s SEAL unit, officers seized 45 illegal Bitcoin mining machines from two premises, including a residential property in Bukit Perpat and a commercial building in Wakaf Tapai.
At the time, Terengganu police chief Datuk Mohd Khairi Khairuddin said investigators believed the premises had been modified to bypass electricity meters, causing estimated monthly losses of about RM36,000 for TNB. Authorities also seized mining-related equipment valued at approximately RM225,000, although no arrests were announced in that operation.
The Terengganu investigation proceeded under Sections 379 and 427 of the Penal Code together with Section 37 of the Electricity Supply Act 1990.
Earlier cases have exposed electricity theft Another illegal mining operation came to light in February after firefighters responded to reports of an explosion and smoke at a house in Kuala Lumpur.
Authorities later discovered modified electrical wiring that had caused a fire before uncovering several Bitcoin mining rigs inside the property. Investigators also confirmed that the operation had been drawing electricity through unauthorized connections, prompting a separate investigation.
Malaysia’s national electricity provider has repeatedly warned about the financial impact of electricity theft linked to cryptocurrency mining. TNB reported in 2024 that illegal Bitcoin mining had caused losses of more than 440 million Malaysian ringgit, or roughly $101 million, due to stolen electricity.
The utility also estimated that electricity theft associated with illegal cryptocurrency mining resulted in losses of about $755 million between 2018 and 2023, highlighting the continued challenge posed by unauthorized mining operations across the country.
Outside Malaysia, governments have taken similar action against illicit cryptocurrency mining where unauthorized electricity use has strained national power systems. Iran has conducted repeated crackdowns on illegal mining operations, while Venezuela introduced a ban on crypto mining to protect its electricity grid from excessive energy demand.
Banco Santander v regulačních podáních uvedla, že drží zhruba 4,3 milionu USD ve spotových Bitcoin ETF obchodovaných v USA. Jde o další krok banky v budování expozice vůči Bitcoinu přes regulované kanály.
Banco Santander, Spain’s largest bank, has disclosed in official regulatory filings that it holds a position of approximately $4.3 million in spot Bitcoin ETFs traded in the US. While this amount isn’t enormous in absolute terms, given the bank’s management of over $1 trillion in assets, it reflects a trend among traditional financial institutions to build Bitcoin exposure through regulated channels.
Santander Takes a New Step in its Cryptocurrency Strategy The bank scored approximately 35% in the 2026 Bitcoin Bank Adoption Index, placing it among the institutions researchers categorized as “mid-level.” This score puts Santander on par with banks like Société Générale, but behind crypto-focused firms like Fidelity. Nevertheless, in an environment where many large banks are still hesitant about digital assets, Santander’s position stands out as a remarkable example.
Santander’s interest in crypto is not new. CEO Ana Botín has been making public statements about Bitcoin products since 2021. The bank has been developing crypto custody and digital asset services across Europe for years. Its digital subsidiary, Openbank, began offering crypto trading services to clients in Germany in September 2025; the next step is to expand this service to Spain.
Rising Institutional Crypto Adoption in Europe Santander’s investment in US spot Bitcoin ETFs comes at a time when institutional crypto adoption is accelerating in Europe. The bank is actively involved in crypto custody and digital asset initiatives across the continent. With new regulations like MiCA becoming clearer, Santander appears to be aiming to strengthen its position in this area.
Whether the bank’s mid-level integration score reflects a cautious approach or structural limitations is being watched by the industry. Banks with higher integration scores may have an advantage in attracting wealthy clients interested in crypto.
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Doppler Finance se rozšířil na Base a jako první podporuje cbXRP, který lze nově využít v půjčování, vypůjčování a jako kolaterál. Coinbase uvádí, že cbXRP je krytý XRP v poměru 1:1.
In XRP news today, Coinbase Wrapped XRP (cbXRP) just became significantly more useful. Doppler Finance, an institutional-grade yield infrastructure protocol, has expanded to Base, Coinbase’s Ethereum Layer-2 chain, with cbXRP as its first supported asset.
XRP holders who have been sitting on the sidelines of EVM-compatible DeFi now have a regulated, exchange-backed route into lending, borrowing, and collateral strategies.
This news dropped as the XRP price dropped -1.2% overnight, falling to $1.08 after losing support at $1.10. This marks a -5.4% move over the past seven days. Daily trading volume on XRP USD sits at $1.16Bn, up from $1.05Bn yesterday.
Doppler is expanding to Base.
Starting with infrastructure for cbXRP and paving the way for more tokenized assets over time.
We’re bringing institutional-grade infrastructure for tokenized capital markets to Base.
Excited to build on @base. pic.twitter.com/xyPWGj3Fwe
— Doppler Finance (@doppler_fi) July 29, 2026
XRP News: What Doppler Finance Is Unlocking for cbXRP Doppler Finance was originally built on the XRP Ledger (XRPL), XRP’s native, non-EVM blockchain, to serve institutional participants. Its expansion to Base marks the first time its infrastructure is available to the broader Base DeFi ecosystem, starting with cbXRP support and with additional tokenized assets planned in later phases.
The practical impact is concrete. cbXRP holders can now deposit their tokens into lending markets to earn interest, use cbXRP as collateral to borrow stablecoins or other crypto assets, provide liquidity in decentralized exchange pools, and participate in yield farming strategies, all on Base.
Antonio Garcia-Martinez, Head of Growth at Base, described the broader ambition: once an asset is onchain, it becomes usable as collateral, lendable, and borrowable in ways that were not possible in its native form.
Doppler Finance Head of Institutions Rox Park framed the expansion as a structural shift, noting that the next phase of tokenized finance requires infrastructure that extends beyond any single blockchain.
What cbXRP Actually Is and Why It Works on Base
(SOURCE: CoinGecko)
XRP operates on its own non-EVM-compatible blockchain, the XRP Ledger, meaning it cannot directly interface with Ethereum’s DeFi protocols.
To address this, cbXRP allows users to convert XRP from their Coinbase account into an ERC-20 token on Base, where Coinbase locks the XRP and issues cbXRP at a 1:1 ratio. Essentially, cbXRP acts as a travel adapter for the DeFi ecosystem on Base.
Coinbase maintains a live proof-of-reserves dashboard, showing real-time updates on reserve addresses and balances. As of late July 2026, around 105.64 million cbXRP are in circulation, fully backed by XRP in Coinbase custody, representing over $113M in reserves.
Note that this is a custodial model controlled by Coinbase, which involves centralized custody risks. Users should verify the official Base contract address (0xcb585250f852C6c6bf90434AB21A00f02833a4af) to avoid fake cbXRP tokens that have appeared on other networks.
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cbXRP’s DeFi Trajectory Since Launch Coinbase launched cbXRP on Base on June 5, 2025, alongside Coinbase Wrapped DOGE (cbDOGE), with initial issuance of roughly 2.3 million cbXRP.
The token’s first major DeFi integration came via Moonwell, a lending protocol on Base, which grew to $1.2M in cbXRP liquidity, a proof-of-concept that exchange-backed wrapped assets could attract DeFi capital. The Doppler Finance expansion represents the next leg of that buildout, targeting more sophisticated institutional-grade use cases.
Coinbase has been positioning Base as a multi-asset financial platform, adding tokenized stocks, perpetual derivatives, stablecoin payment rails, and AI-powered financial tooling alongside these wrapped asset integrations. cbXRP sits within that broader strategy.
Making major non-EVM assets natively productive on Base rather than leaving holders dependent on third-party bridges. For XRP price context and institutional accumulation trends feeding demand for these products, the institutional accumulation picture is worth understanding alongside the DeFi utility expansion.
Doppler has indicated that cbXRP is the first, not the last, asset in its Base rollout, with support for additional tokenized assets coming as the ecosystem matures.
The question now is how quickly XRP DeFi activity on Base, lending volumes, collateral utilization, and DEX liquidity depth scale to match the infrastructure being put in place.
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Policie v Soulu zatkla tři lidi kvůli falešnému XRP stakingovému podvodu, který od 71 obětí vylákal asi 3,4 milionu XRP. Vyšetřovatelé zmrazili kryptoměny v hodnotě zhruba 17,3 miliardy wonů (asi 12 milionů dolarů), dalších asi 7 milionů dolarů je stále nezajištěných.
South Korean police have uncovered one of the country’s biggest XRP related crypto scams after arresting three suspects linked to a fake staking platform that promised fixed monthly returns.
Authorities say the fraud pulled in about 3.4 million XRP from 71 victims, while blockchain tracking shows total wallet flows linked to the operation reached 27.3 billion won (around $19 million).
How the Fake XRP Staking Platform Tricked InvestorsAccording to the Seoul Metropolitan Police Agency’s Cyber Investigation Unit, the suspects created a fake website called Fxrpntwork.com between Oct. 16 and Oct. 23, 2025, posing as the legitimate Flare Network and its FXRP ecosystem.
The platform promised investors guaranteed principal protection along with monthly staking returns of 1.5% to 1.8%.
To make the scheme look real, the group flooded the internet with fake promotional content across Naver blogs, Tistory, Wikipedia pages, online news articles, and YouTube videos, some featuring paid actors pretending to review the platform.
Police said the fraudsters deliberately launched the website around the real FXRP token rollout to make their operation appear legitimate.
🚨SEOUL POLICE BUST $19M XRP STAKING SCAM!
Three arrested over a fake $XRP staking platform that impersonated Flare Network and FXRP around their launch.
71 victims lost about 3.4 million $XRP.
Roughly 27.3 billion won ($19 million) reached the operators’ wallets.
A fourth… pic.twitter.com/AJ825BmoZj
— Crypto Banter (@crypto_banter) July 30, 2026 Instead of sending XRP directly from domestic exchanges, victims were instructed to move their tokens through overseas exchanges before depositing them into wallets controlled by the scammers. This method helped avoid South Korea’s strict monitoring systems for large crypto transfers.
After collecting approximately 3.4 million XRP, the operators shut down the website and disappeared.
Police Freeze $12 Million, But Part of the Crypto Is Still MissingThe investigation began after an overseas cryptocurrency exchange reported suspicious XRP movements to South Korean authorities.
Using blockchain analysis, IP tracking, domain registration records, and conversation logs, investigators froze about 17.3 billion won ($12 million) in XRP and Tether across several overseas exchanges within three days of receiving the alert.
Authorities are now working through legal procedures to confiscate those assets and return them to victims.
However, police said roughly 10 billion won ($7 million) worth of crypto had already been moved before the freeze and remains missing.
One Suspect On the Run, Faces Interpol Red NoticePolice arrested three suspects, meanwhile, authorities obtained an arrest warrant for a fourth suspect, who is believed to be overseas, and have requested an Interpol Red Notice.
The two main suspects have been referred to prosecutors under South Korea’s Act on the Aggravated Punishment of Specific Economic Crimes, while investigators continue executing additional search warrants to identify others involved in promoting the scam and laundering the stolen crypto through OTC traders.
Story Ends Here
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XRP ETF dosáhly rekordních kumulativních čistých přílivů 1,50 miliardy USD, i když XRP dál slábne. V čele žebříčku je Bitwise XRP ETF s 500 miliony USD.
XRP ETFs have reached a new milestone, setting a record for cumulative net inflows despite XRP’s price struggles extending into the 12th month.
Specifically, on July 27, the ETF products pushed their cumulative net inflows to $1.50 billion, marking a new all-time high. The increase came after the funds recorded $592,470 in net inflows that day.
Before this, cumulative inflows had remained unchanged at $1.49 billion for three consecutive trading days, with the ETFs posting no net flows from July 22 through July 24 at the close of the previous week.
Early Momentum Gave Way to Slower but Steady Growth The latest milestone represents the first time XRP ETFs have accumulated $1.50 billion in net inflows since they began trading in November 2025.
XRP ETFs Cumulative Inflows | Sosovalue Notably, the products attracted capital quickly after launch, reaching $1 billion in cumulative inflows by mid-December 2025, less than a month after the first spot XRP ETF entered the market.
This early period saw strong investor demand. Daily inflows regularly exceeded $20 million, with the ETFs attracting $164 million on Nov. 24, 2025, and an even larger $243 million on Nov. 14, 2025.
The pace changed after cumulative inflows climbed above $1.2 billion in early January 2026. On Jan. 7, 2026, the ETFs recorded their first daily net outflow, with $40.8 million leaving the funds.
Although inflows picked up again afterward, they slowed enough for cumulative inflows to fall to $1.17 billion by the end of January 2026.
Investor Interest Remained Strong as XRP Lost Value The ETFs recovered after January and continued to attract fresh capital. While a few trading sessions ended with net outflows, inflows outweighed outflows on most days.
This consistent demand helped cumulative inflows climb to $1.30 billion in late April 2026, before rising again to $1.40 billion in May 2026. The funds then spent the next two months working toward another milestone before finally reaching $1.50 billion.
This progress came even as XRP remained under heavy selling pressure. During the same period, the token lost 70% of its value from its all-time high of $3.6.
Monthly XRP ETF Flows Remain Mostly Positive in 2026 The trend has remained largely positive throughout this year despite XRP’s weak price performance. While the cryptocurrency has fallen 41% since the beginning of the year, XRP ETFs have continued to record positive monthly inflows almost every month.
XRP ETF Monthly Flows | Sosovalue The funds brought in $15.59 million in January 2026, followed by $58.09 million in February 2026. They then recorded their first monthly net outflow in March 2026, when investors pulled $31.16 million from the products. So far, March remains the only month to finish with negative net flows.
Since then, the ETFs have returned to positive territory every month. They recorded their strongest monthly performance of the year in May 2026, attracting $131.94 million in net inflows.
Overall, the funds have added $329 million in cumulative net inflows during 2026, helping lift their overall cumulative inflows to the new record of $1.50 billion.
Bitwise Leads ETF Rankings Among all XRP ETF issuers, the Bitwise XRP ETF now holds the largest share of cumulative inflows. The fund has attracted $500 million, giving it 33% of the total $1.50 billion accumulated since launch. It recently moved ahead of the Canary Capital XRP ETF, despite entering the market after Canary.
Bitwise Leads XRP ETF Race The Canary Capital XRP ETF now ranks second with $466.97 million in cumulative net inflows, accounting for 31% of the overall total. Franklin Templeton’s XRPZ ETF follows in third place with $422.45 million in cumulative inflows, while Grayscale’s XRP ETF (GXRP) ranks fourth after bringing in $131.46 million.
The 21Shares XRP ETF (TOXR) remains the only product still in negative territory. Since its launch, it has recorded -$20.06 million in cumulative net flows.
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.
Franklin Templeton zaznamenal do spotového XRP ETF čistý příliv 592 000 USD, zatímco konkurence měla nulové přílivy. U spotových XRP ETF kótovaných v USA už spravovaná aktiva přesáhla 1 miliardu USD.
Franklin Templeton’s spot XRP exchange-traded fund (ETF) recorded a net inflow of $592,000 during the latest trading session, outpacing other XRP ETFs, which saw no new capital. This development drew attention from market observers and sparked discussion around institutional strategies in the digital asset space.
Institutional activity singles out Franklin TempletonCrypto market commentator Digital Asset Investor highlighted that Franklin Templeton clients were the only group to allocate fresh capital to a spot XRP ETF, citing data from BankXRP. Competing providers, including Bitwise, Canary, Grayscale, and 21Shares, reported zero inflows over the same period.
The commentator interpreted this selective buying as a sign of potential institutional confidence ahead of possible regulatory developments in the United States. In recent commentary, Digital Asset Investor questioned whether this accumulation pointed to firms positioning themselves ahead of anticipated market shifts.
Franklin Templeton, a global asset management leader, has consistently advocated for clearer digital asset regulation. The firm has previously voiced support for the proposed CLARITY Act, which aims to define regulatory oversight between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.
Franklin Templeton’s targeted inflow stands in stark contrast to its competitors and is viewed by market watchers as a potential indication of early institutional moves ahead of possible regulatory clarity.
Many institutional players have labeled regulatory ambiguity as a key obstacle to significant investment in the digital asset segment. Market watchers suggest that once there is a more certain legal landscape, institutions could commit larger capital reserves to assets such as XRP.
Potential supply squeeze as ETF demand continuesDigital Asset Investor also noted that accumulation by spot ETFs could lower the quantity of XRP available on exchanges. Spot ETFs typically hold the underlying asset in custody, removing it from the circulating supply. If demand from institutional investors increases—particularly after possible regulatory changes—this reduced liquid supply could intensify market movements.
U.S.-listed spot XRP ETFs have seen their total assets under management climb past $1 billion, reflecting growing interest even as net inflows remain modest on a day-to-day basis. Supporters view the ongoing accumulation as an indicator of steady, if gradual, institutional adoption.
This gradual micropattern of ETF inflows, while currently limited in size, is cited as a signal of the direction institutional involvement might take should regulatory certainty emerge to unlock additional allocations.
Some commentators predict that this pattern could accelerate with clarity around legal and regulatory guidelines. If such certainty triggers a surge in institutional investments, the combined effects of ETF accumulation and additional large-scale buying could quickly absorb remaining tokens on exchanges.
This development resonates with growing interest in platforms enabling direct asset access. For instance, 1stepSwap has gained attention for connecting real-world assets with blockchain markets, allowing investors to buy shares of leading U.S. stocks and commodities like gold and silver through their crypto wallets. Its core feature is the ability to identify and secure the best market price in real time, supporting diversification while eliminating unnecessary intermediaries.
While the $592,000 inflow is comparatively small relative to Franklin Templeton’s overall asset base, it underscores the selective and strategic approach institutions may take if regulatory reforms change the investment environment for XRP and similar tokens.
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.
Spot Bitcoin ETF v USA zaznamenaly čistý příliv 32,11 mil. USD, zatímco spot Ethereum ETF zaznamenaly odliv 18,65 mil. USD. Největší příliv měl IBIT, největší odliv FBTC.
Spot cryptocurrency exchange-traded funds (ETFs) traded in the US showed a different picture in terms of investor activity. According to SoSoValue data, spot Bitcoin ETFs recorded a total net inflow of $32.11 million, while spot Ethereum ETFs experienced a net outflow of $18.65 million. The data revealed that institutional investor interest continued in Bitcoin, while short-term profit-taking continued in Ethereum funds.
BlackRock’s iShares Bitcoin Trust (IBIT) fund recorded the highest net inflow of the day. IBIT saw a net capital inflow of $89.83 million in a single day, bringing its cumulative net inflow to date to $60.42 billion. Conversely, the largest outflow was seen in the Fidelity Wise Origin Bitcoin Fund (FBTC). FBTC experienced a net outflow of $43.08 million, while its historical total net inflow stands at $9.96 billion.
According to SoSoValue data, at the time of writing, the total net asset value of spot Bitcoin ETFs was calculated at $77.46 billion. The ratio of assets managed by ETFs to Bitcoin’s total market capitalization reached 6.08%, while the total cumulative net inflow into spot Bitcoin ETFs to date amounted to $51.36 billion.
The picture was weaker on the Ethereum side. Despite a total net outflow of $18.65 million from spot Ethereum ETFs, some funds performed positively. Morgan Stanley Ethereum Trust (MSSE) recorded the highest net inflow of the day, receiving $14.30 million, bringing its total net inflow since its inception to $19.45 million.
In second place was BlackRock’s iShares Ethereum Trust (ETHA) fund. ETHA recorded a net inflow of $5.16 million during the day, bringing its historical total net inflow to $11.43 billion.
On the other hand, the biggest outflow of the day was experienced by Fidelity Ethereum Fund (FETH). FETH saw a net outflow of $16.07 million, while its total net inflow to date was announced as $2.11 billion.
This is not investment advice.
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Ripple has just minted 15 million RLUSD on the Ethereum blockchain in recent hours; the Ripple Stablecoin Tracker X account reported this in a post.
The last 24 hours have seen an uptick in activity around RLUSD: 15,000,000 RLUSD was burned on the XRP Ledger while another 10,000,000 RLUSD was minted on the Ethereum blockchain on July 29.
The circulating supply of RLUSD on Ethereum has increased above $712 million, with 36.5 million RLUSD minted in the last seven days and $25.3 million burned, according to the Ripple Stablecoin Tracker website.
Meanwhile, the circulating supply of RLUSD on the XRP Ledger is $873 million, with the amount burned surpassing that minted in the last seven days.
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$65.4 million RLUSD was minted on the XRP Ledger in the last seven days while $68.7 million was burned in the same time frame.
RLUSD gains major listingsRipple USD (RLUSD) received major listings this week: On July 28, Upbit, the third-largest crypto exchange, announced support for the stablecoin.
Upbit Korea is the largest cryptocurrency exchange in South Korea by trading volume and customer base. Upbit now supports RLUSD deposits and withdrawals on the XRP Ledger with KRW/BTC/USDT trading pairs.
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Major crypto exchange Bithumb announced trading support for RLUSD on July 29. Bithumb is one of South Korea's premier crypto exchanges and among the nation's largest KRW-based trading platforms.
Bithumb now supports RLUSD deposits and withdrawals only on the XRP Ledger with KRW pairs. The RLUSD/KRW pair has been listed on Bithumb.
In the past week, Ripple announced a collaboration with Notabene, which facilitates over $2 trillion in annualized transaction volume. The partnership is set to accelerate the adoption of compliant stablecoin payments while creating a pathway for RLUSD to be integrated across one of the world's largest institutional payment networks for digital assets.
Notabene and Ripple will collaborate to expand enterprise stablecoin payments by integrating Ripple USD (RLUSD) into Notabene Flow and exploring how trusted payment authorization can complement Ripple Payments.
Zakladatel Cardana Charles Hoskinson chce podpořit vznik nové politické struktury, která má sjednotit komunitu a zlepšit řízení ekosystému. Držitelé ADA budou mít poslední slovo.
Cardano founder Charles Hoskinson has urged the community to rally behind a new governance structure that he believes can help the blockchain regain momentum.
Reflecting on Cardano’s journey, Hoskinson said the network represents the majority of his meaningful adult life. Due to that deep personal commitment, he stressed that he has no intention of stepping away from the project despite its recent governance challenges.
Instead, Hoskinson pledged to continue working through the ecosystem’s difficulties and help position Cardano for its next phase of development.
Hoskinson Pushes for a New Political Structure A central focus of his remarks was the need to reform Cardano’s decentralized governance model through the creation of a political party within the ecosystem.
According to him, growing cynicism and persistent pessimism have made it increasingly difficult for Cardano to execute long-term strategies. To reverse that trend, he urged community members to support the formation of a coordinated political organization that could provide stronger leadership, clearer direction, and more effective decision-making.
Hoskinson said that, if the community grants him sufficient support and authority, he will work to eliminate the negativity that has slowed the ecosystem’s progress. He also vowed to challenge individuals and groups that he believes continue to create unnecessary division within Cardano.
Ending Internal Conflicts to Drive Adoption Beyond governance reform, Hoskinson emphasized that Cardano must shift its attention back to ecosystem growth and real-world adoption.
He argued that stronger leadership would enable the network to improve its marketing efforts, accelerate user adoption, and establish a clearer growth strategy. In his view, resolving internal governance disputes would allow the community to focus on attracting developers, businesses, and new users instead of remaining distracted by political disagreements.
Hoskinson believes that a more organized governance structure would ultimately strengthen Cardano’s competitive position within the broader blockchain industry.
Hoskinson Remains Fully Committed to Cardano Despite acknowledging the frustrations shared by many community members, Hoskinson reaffirmed his confidence in Cardano’s future.
He said he has no desire to abandon the project and believes the broader community shares that commitment. Instead, he expressed confidence that he still has the energy and determination to make another concerted effort to address the ecosystem’s challenges and continue advancing Cardano’s long-term mission.
For Hoskinson, the current governance difficulties represent another challenge to overcome rather than a reason to walk away.
ADA Holders Will Have the Final Decision Meanwhile, he recognized that Cardano’s decentralized governance model ultimately places decision-making authority in the hands of ADA holders and other stakeholders.
While he said he is prepared to exercise stronger executive leadership if the community chooses to entrust him with that responsibility, he also acknowledged that stakeholders are free to support another leader instead. Regardless of who leads, he stressed that Cardano must unite behind a coherent long-term strategy to succeed.
Hoskinson’s latest comments come as he moves closer to launching the proposed political party within the Cardano ecosystem. Earlier this month, he revealed that the initiative is nearing completion, although he did not announce a specific launch date.
The proposal follows several months of governance disputes, including the rejection of multiple treasury proposals associated with Hoskinson. Those disagreements also contributed to the cancellation of Cardano Summit 2026, leading him to initially consider serving as a Delegate Representative (DRep) before expanding the concept into a broader political organization.
If established, the proposed party would operate as a major DRep within Cardano’s on-chain governance system. It would help coordinate ecosystem development, treasury allocation, and long-term strategic decisions while giving ADA holders a structured platform to participate in governance through membership and voting.
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.
Binance.US is entering the battle of prediction markets, a rapidly expanding sector. With a DCM license application submitted to the CFTC, the crypto platform wants to stake its claim. But could this offensive redefine the playing field for BNB?
In brief Binance.US is applying for a DCM license with the CFTC to launch prediction markets in the United States. A risky strategy to diversify its offering and revive growth after regulatory difficulties. BNB could benefit, but competition and regulators could derail everything. Binance Attacks Prediction Markets With a CFTC License in Sight Binance.US is no longer content to dominate spot trading. The crypto giant is preparing a strong entry into prediction markets, a sector so far dominated by Kalshi and Polymarket. Indeed, at the Rare Evo conference in Las Vegas, CEO Stephen Gregory announced a DCM (Designated Contract Market) license application with the CFTC for August 2026. A bold move, because without this license, it is legally impossible to offer these products to U.S. traders.
This offensive fits into a diversification strategy where, after months of regulatory turbulence, Binance is betting on perpetual contracts and betting markets to revive its growth. With $25 billion in volume traded on regulated platforms in 2025, the prediction market is lucrative. But beware! The CFTC is rewriting its rules and state regulators could play spoilsport. One thing is certain, Binance does not intend to stand by as a spectator.
Binance in the Prediction Market, a Boon for BNB? If Binance.US obtains its DCM license, BNB, its native token, could benefit. Historically, strategic announcements from Binance (launch of new products, regulatory expansions) have often boosted BNB’s value. The booming prediction markets could then attract new users to its ecosystem, thereby increasing demand for the token.
However, not everything is won. Competition is fierce as Kalshi and Polymarket already dominate the sector, and American regulators will not give up easily. Moreover, prediction markets are speculative by nature, which could harm Binance’s image, already tarnished by lawsuits in 2023-2024. Finally, a crucial question: will traders massively adopt these new products? If yes, BNB could soar. If not, this offensive could turn into a futile effort.
Binance.US is betting on prediction markets to revive its growth. But between strict regulations and tough competition, success is not guaranteed. Will BNB really benefit? And you, do you think this strategy is a winner or too risky?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Visa uvedla, že u stablecoinů zůstane „multi-coin, multi-chain“ a nebude vybírat vítěze, i když její platforma teprve začíná podporovat Open USD. Platforma má zároveň dál fungovat i pro USDT a USDC.
Visa Chief Executive Ryan McInerney said the payments company will remain neutral among stablecoins as Open USD prepares to enter a market led by Tether’s USDT and Circle’s USDC.
Summary
Visa says its stablecoin strategy will remain multi-coin and multi-chain rather than backing one winner. Open USD plans to launch later this year with more than 140 participating global companies. Visa’s stablecoin platform initially supports Open USD while retaining interoperability with existing settlement products worldwide. During Visa’s July 28 fiscal third-quarter earnings call, McInerney said the company would remain “multi-coin, multi-chain” and that its role was “not to pick winners.” Instead, Visa plans to help clients connect securely to whichever stablecoins, networks and infrastructure gain adoption.
Visa separates Open USD support from a single-token bet Visa is one of more than 140 companies supporting Open Standard, the independent consortium developing Open USD. Other participants include Mastercard, Stripe, Coinbase, BlackRock, BNY, Google and several global banks.
However, McInerney’s comments show that Visa does not view its involvement as an exclusive commitment to OUSD. The company already supports several stablecoins and blockchains through settlement, card and money-movement products. Visa previously described its technical approach as a “multi-coin and multi-chain foundation.”
ARK Invest researcher Lorenzo Valente interpreted the response as evidence that partner support may be “closer to a soft LOI than a strategic bet.” That is an analyst’s view, not a disclosed Visa contract term. Neither Visa nor Open Standard has published commitments showing how much capital, distribution or balance-sheet support each partner must provide.
On @Visa earnings call, the company was asked whether OpenUSD would compete with @circle , @tether, and the established stablecoin players.
Visa’s response:
“Visa, going forward, will remain multi-coin, multi-chain. Our role is not to pick winners. Our role is to help clients…
— Lorenzo Valente (@LorenzoARK) July 28, 2026 Open Standard plans to launch Open USD later in 2026. Its website says businesses will be able to mint and redeem OUSD without fees or volume limits, while most revenue from the reserves will return to participants that adopt and distribute the token.
That model differs from the issuer-led structures used by USDT and USDC, where the issuing company controls reserve management and related economics. Open Standard says an independent management team and partner-led governance will oversee OUSD. These are planned product features, and the token has not yet launched.
Notably, Open USD’s launch raised questions about Circle’s reserve-income model. Circle shares fell 17.5% on June 30, although Russell index removals also contributed to that day’s decline, making it difficult to isolate OUSD’s effect.
Visa is building infrastructure across stablecoins Visa’s practical commitment is clearer in its own product releases. On July 16, the company introduced the Visa Stablecoin Platform for banks, fintechs and crypto companies. The platform initially provides access to Open USD, including minting, burning, storage and transfers through a Visa-managed environment.
The company said the platform will also connect with its existing stablecoin settlement, linked-card and money-movement services. In June, Visa reported that its stablecoin settlement activity had reached an annualized run rate of about $7 billion as of March 2026.
Additionally, Visa’s stablecoin platform was described as a route for institutions to use Open USD without building every wallet, security and treasury function internally. Visa’s broader structure could also allow it to serve clients choosing USDC, USDT or another regulated token.
Open USD’s launch will test partner commitment Open Standard has not announced an exact launch date, initial circulating supply or confirmed transaction volume. Because OUSD is not yet live, there is no verified on-chain activity or market capitalization to compare with USDT and USDC.
The next test will be whether partners integrate OUSD into real payment, settlement and trading products after launch. Visa has already built an initial access route through its platform, but McInerney’s comments indicate the company will continue supporting competing tokens and networks.
Therefore, Open USD may gain distribution through Visa without becoming Visa’s exclusive stablecoin. Adoption will depend on reserve arrangements, regulatory compliance, partner integrations and actual customer demand rather than the size of the consortium alone.
Ostium uvedl, že červencový exploit vznikl kvůli kompromitované off-chain infrastruktuře, ne kvůli chybě ve smart kontraktech. Útočník přes falešné BTC-USD cenové reporty odčerpal z OLP liquidity vault 23.75 million USDC.
Ostium has concluded that its July exploit originated from compromised off-chain infrastructure rather than a flaw in its smart contracts, after an investigation found the attacker manipulated price reporting to drain 23.75 million USDC from the protocol’s liquidity vault.
Summary
Ostium said its investigation found the July exploit originated from compromised off chain infrastructure rather than a flaw in its smart contracts. Fraudulent BTC USD price reports allowed the attacker to drain 23.75 million USDC from the protocol’s OLP liquidity vault. The protocol said automated monitoring detected the attack, trading resumed on July 23, and user collateral remained unaffected. A recovery plan for affected liquidity providers is being finalized and will be shared in a separate update. According to Ostium’s post-mortem published on Wednesday, the attacker gained unauthorized access to the protocol’s off-chain infrastructure and used it to submit fraudulent BTC-USD price reports.
The manipulated reports allowed the attacker to create artificial trading profits at the expense of the public OLP vault, while the protocol found no evidence that its smart contracts or governance multisigs had been compromised.
Ostium says exploit bypassed off-chain systems During its investigation, Ostium said the initial breach occurred outside the protocol’s on-chain infrastructure. The team stated that its findings did not identify any vulnerability in the protocol’s smart contract logic or any compromise involving the multisigs responsible for governing the protocol.
Instead, the attacker abused forwarder paths that the protocol already recognized as valid. Ostium explained that the exploit began with a small test transaction involving a 100 USDC position, producing roughly 897.8 USDC in artificial profit before the attacker expanded the operation.
Following the successful test, the attacker executed the primary batch of transactions, transferring about 11.9 million USDC to a beneficiary wallet. Ostium said six additional standalone exploit cycles followed, bringing the total loss from the OLP vault to 23.75 million USDC.
Earlier reporting from blockchain security firm Blockaid had attributed the incident to a compromised oracle signer private key, saying the attacker bypassed the protocol’s price verification process by submitting manipulated price reports through a registered PriceUpKeep forwarder. At the time, Blockaid estimated that between $11.86 million and $18 million USDC had been withdrawn during approximately 20 trading loops, based on the exploit activity visible on-chain while the attack was still unfolding.
Automated monitoring limited additional losses While the exploit succeeded in draining funds from the liquidity vault, Ostium said its automated monitoring systems detected the abnormal activity before additional withdrawals could take place. The protocol subsequently halted trading while its investigation continued and has since migrated to a new production environment with updated security controls.
Trading resumed on July 23 after the migration was completed.
Ostium also said trader collateral remained unaffected throughout the incident because user margin stayed inside the protocol’s trading contracts rather than the compromised liquidity pool.
The team added that it is still finalizing a separate recovery plan for liquidity providers whose funds were affected by the exploit. According to the protocol, further details will be released in a dedicated update.
Oracle infrastructure remained central to the attack Although Ostium’s latest report attributes the incident to unauthorized access to its off-chain infrastructure, its findings are consistent with the attack path previously outlined by Blockaid, which concluded that compromised signing credentials allowed fraudulent price reports to pass the protocol’s verification process.
According to Blockaid’s earlier analysis, the attacker repeatedly opened and closed positions through delegated actions after submitting favorable future-dated price reports. Because the manipulated reports appeared valid to the protocol, each trading cycle generated profits for the attacker while transferring losses to the OLP liquidity vault instead of relying on a vulnerability in the smart contract code itself.
The incident has drawn attention to the security of supporting infrastructure that decentralized finance protocols rely on for external market data. In Ostium’s case, both the protocol’s post-mortem and Blockaid’s earlier investigation concluded that the exploit did not originate from flaws in the core smart contracts.
Ostium exploit followed Nasdaq partnership The exploit occurred only weeks after Ostium expanded its institutional presence through a partnership with Nasdaq announced in May. At the time, the protocol said Nasdaq’s market data would support equity perpetual products listed on the platform.
Ostium also disclosed during that announcement that it had processed more than $50 billion in cumulative trading volume.
Before the exploit, the protocol had raised approximately $27.8 million from investors including General Catalyst, Jump Crypto, Coinbase Ventures, Wintermute and GSR, according to previous company disclosures.
Bitget Wallet od 1. srpna spustí Assetback, který automaticky mění cashback z karty na Bitcoin, tokenizované zlato, americké akcie, ETF produkt nebo USDC.
Bitget Wallet will launch Assetback on Aug. 1, allowing eligible card users to convert purchase rewards automatically into Bitcoin, tokenized gold, U.S. equity tokens, an exchange-traded fund token or USDC.
Summary
Seven reward assets include Bitcoin, tokenized gold, three U.S. stocks, an ETF, and USDC options. Eligible cardholders receive 2% base rewards, while qualifying users can unlock 3% during booster periods. Rewards become redeemable seven days after transactions and require at least one USDC before withdrawal. The company said users can select one of seven assets: BTC, Tether Gold, tokenized Nvidia, Tesla and Alphabet shares, an S&P 500 product, or USDC. Rewards will be generated from qualifying purchases made with the Bitget Wallet Card.
Bitget Wallet replaces cash rewards with seven assets Assetback provides a 2% base reward for cardholders. New users and customers who meet a monthly spending threshold can receive up to 3% through a booster tier. Once unlocked, the higher rate applies during that calendar month and the next one.
Users may change their selected reward asset once each month. USDC rewards are credited to the card balance, while other rewards can be moved to a rewards account after reaching at least one USDC in accumulated value. Redemption becomes available seven days after the underlying transaction.
However, the advertised rate does not apply to every payment. Bitget Wallet says monthly caps, merchant-category exclusions and risk reviews apply. Refunded, reversed or cancelled transactions do not qualify. The model also replaces the card’s previous zero-fee rewards program, so users should review regional fees and limits.
Tokenized stocks provide exposure, not standard shares The stock and ETF rewards will use xStocks, which issues blockchain tokens backed by securities held in custody. Available choices include Nvidia, Tesla, Alphabet and an S&P 500-linked product. xStocks says each token is backed one-for-one by underlying securities.
However, tokenized equities are not identical to holding shares through a conventional brokerage account. Rights, redemption access, trading availability and investor protections depend on the issuer, platform and user’s location. Bitget Wallet also describes the rewards as available only to eligible users.
As previously reported, Bitget Wallet added more than 130 xStocks products in May, allowing users to access tokenized equities through its self-custodial application. In related coverage, crypto.news explained how tokenized stocks work, including issuer, custody, liquidity and regulatory risks.
Card access still depends on each user’s region Bitget Wallet says the card serves markets across Europe, Asia and Latin America, with availability also expanding in Africa. Its official card page states that cards may operate through Visa or Mastercard depending on the regional issuing partner. The product supports Apple Pay and Google Pay in eligible markets.
The card converts selected crypto assets to fiat when users pay merchants. Official terms state that customers must complete identity checks and live in supported jurisdictions. The terms also permit applicable conversion, foreign-exchange and other charges, meaning Assetback should not be treated as a guaranteed net return.
Bitget Wallet says it has more than 100 million users and that spending through its card nearly tripled during the first half of 2026. It also cited monthly crypto-card payment volume of $656 million in May, up from $271 million one year earlier. Those figures are company-provided and have not been independently audited.
The Aug. 1 rollout will test actual demand Users will need Bitget Wallet app version 9.5.3 or later to access the updated card. After selecting an asset, eligible cashback will be converted automatically, creating small recurring purchases rather than requiring a separate trade after every card payment.Bitget Wallet describes the process as applying “dollar-cost averaging” to routine spending. That is a company characterization, not a promise that the selected assets will gain value. Bitcoin, tokenized gold and equity-linked products can rise or fall after rewards are credited.
There is no verified market reaction because Bitget Wallet is not publicly traded and the announcement does not introduce a new token. The next measurable updates will be redemption activity, reward volumes and whether regional cardholders adopt non-cash rewards after Aug. 1.
Avalanche aktivovala upgrade Helicon na testnetu Fuji. Přináší automaticky obnovované stakingy, kratší minimální dobu stakingu a Continuous Execution na C-Chain.
What the Helicon Upgrade IntroducesThe Avalanche (@avax) Foundation has activated the Helicon upgrade on the Fuji Testnet. The upgrade went live on July 28, 2026, at 11:00 AM ET, bringing auto-renewed staking, shorter minimum staking durations, and Continuous Execution to the network.
The upgrade is driven by six Avalanche Community Proposals (ACPs) and is currently in testnet-stage testing rather than live on mainnet, so any staking-economics changes are not yet in effect for $AVAX holders. It builds on the earlier Octane and Granite upgrades.
One of the headline changes is the introduction of Continuous Execution to the Avalanche C-Chain. The C-Chain runs an EVM-compatible smart contract environment, sits alongside the X-Chain for asset issuance and the P-Chain for validator coordination, and is at the heart of most consumer-facing activity on the network.
On the staking side, the upgrade draws on proposals including ACP-236. Continuous staking makes it easier for users to keep their funds staked longer by reducing friction and the number of transactions required, with validators able to stake continuously and accrue rewards once per specified cycle. The current system restricts flexibility by requiring stakers to specify an explicit end time and enforcing minimum and maximum staking durations, limiting their ability to respond to changing market conditions or liquidity needs.
What Comes NextAva Labs founder Emin Gün Sirer (@el33th4xor) noted that the changes prioritize correctness over convenience, signaling that the team is taking a measured approach before committing to mainnet activation. The Foundation confirmed that mainnet timing will be announced in a future pre-release update.
Avalanche Community Proposals are how protocol upgrades are introduced and discussed within the ecosystem. Rather than implementing changes immediately, proposals are published publicly so validators, developers, researchers, and community members can review them before they are adopted.
The Fuji Testnet serves as Avalanche's primary staging environment before any changes reach production. It is used to safely trial upgrades, smart contracts, and cross-chain features before mainnet deployment.
MoonPay spustil PayBox pro Solanu, který umožňuje nákup, převody i platby v ChatGPT a Claude pomocí přirozeného jazyka. AI agenti tak mohou na Solaně podepisovat transakce za uživatele v non-custodial prostředí.
MoonPay has unveiled PayBox for Solana, a non-custodial payment vault and wallet designed to simplify the purchase and transfer of tokens directly via AI chatbots such as ChatGPT and Claude. The launch, announced on July 29, introduces a natural-language interface for interacting with Solana, allowing transactions to be executed by AI agents on behalf of users.
PayBox connects users of ChatGPT and Claude with Solana’s fast blockchain infrastructure and MoonPay’s payment technology, eliminating the need for traditional dashboards or browser extensions. By granting permission, users allow AI bots to access the PayBox wallet, streamlining key management and transaction signing for a more seamless experience.
AI agents simplify blockchain interactionInstead of navigating complex interfaces, users can now instruct Claude or ChatGPT to swap tokens, make payments, or engage with decentralized applications (DApps) built on Solana. These requests are carried out directly by the AI, which handles the secure signing of transactions in a non-custodial environment.
Solana’s appeal continues to grow among consumers and fintech firms due to its combination of minimal fees and rapid transaction settlements. The integration of AI-powered trading solutions with Solana offers broader accessibility for both new and existing users, further driving adoption of the network.
Users of ChatGPT and Claude can trade assets, make payments, or interact with any Solana-based application by simply issuing conversational commands, expanding accessibility well beyond the crypto-native audience.
For those seeking a comprehensive way to monitor blockchain activity, platforms like CryptoAppsy offer real-time pricing, detailed charts, and portfolio management across multiple currencies on one screen. By establishing smart price alerts and filtering news targeted to specific coins, users can keep up with market movements and instantly respond to emerging opportunities. Additionally, CryptoAppsy provides critical macroeconomic indicators such as Federal Reserve interest rates, helping traders stay informed and competitive.
Implications for developers, institutions, and regulatorsThe integration opens up new distribution channels for developers, enabling their DApps and token utilities to be discovered and used directly within popular AI chatbots. This could lower the barrier for mainstream users entering decentralized finance and NFT markets, further broadening Solana’s reach in 2026.
Financial institutions may view voice-activated and AI-driven wallets as an accessible entry point into regulated, auditable digital asset transactions. The direct interaction between AI platforms and on-chain activity enables more compliant and transparent operations, aligning with rising industry standards.
As AI-driven interfaces facilitate transactions, regulators are expected to increase their scrutiny of custody arrangements, user consent protocols, and anti-money laundering procedures for payments authorized by algorithms.
Exchanges and wallet providers will likely need to adapt to a landscape where AI agents serve as the primary user interface, mediating access to their services without direct front-end control. This shift could reshape expectations for compliance and user onboarding in crypto ecosystems.
Recent acquisitions by MoonPay, such as the purchase of Solana trading platform DFlow in a $100 million stock deal, further demonstrate the company’s commitment to expanding its AI-focused finance strategy. These moves signal ongoing innovation in how users interact with blockchain technology and digital assets.
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.
Figure a Hastra spustily AUTO na Solaně, kryté americkými autoúvěry a daty Chainlink v reálném čase. Jde o on-chain přístup k trhu autoúvěrů za 1,6 bilionu USD.
AUTO Markets Go Live on SolanaHastra's AUTO markets are now live on Solana, backed by US auto loans originated by Figure and powered by Chainlink Data Streams. The launch brings real-time loan data onchain, offering DeFi investors exposure to a corner of consumer credit that has historically sat well beyond the reach of decentralized markets.
Figure is bringing the $1.6 trillion US auto loan market to DeFi, powered by Chainlink. Loans are sourced through Agora Data and delivered to DeFi via Figure Forge. Agora Data, a fintech firm specializing in auto lending for independent car dealers, is the first external partner to leverage Figure Forge, a collaboration announced in late 2024.
Figure's platform allows auto loans to be tokenized and added to its blockchain registry and into the DeFi ecosystem for sale to individual or institutional investors. Chainlink's Data Streams handle the flow of real-time loan data into smart contracts, providing the price and performance feeds that underpin the product's onchain mechanics.
Kamino Strategies and the Road AheadLooping and lending strategies for AUTO are now available on Kamino, giving Solana-native users practical ways to put the asset to work. Chainlink serves as the official oracle infrastructure across Hastra's yield primitives on Solana, with Chainlink's Cross-Chain Interoperability Protocol (CCIP) enabling interoperability across blockchains.
Democratized Prime, a decentralized lending marketplace on Figure Markets, is adding auto finance as its first new asset class as part of its plan to build a marketplace where different types of consumer credit can be issued, traded and funded onchain. Figure CEO Michael Tannenbaum said the company has originated over $22 billion in onchain loans and has been deliberately building toward this expansion.
Hastra described the launch as the first proof point in its shift toward durable, cross-chain yield. Chainlink's CCIP is expected to serve as the key enabler for multichain expansion, allowing assets and data to move securely between blockchains and positioning Hastra to grow beyond Solana.
The move marks an early test of whether tokenized private credit can expand beyond home-equity products into mainstream consumer lending, a shift that could widen DeFi's access to real-world yield but also import the credit risks of subprime-style loan markets.
Sources:
Cointelegraph: Figure and Hastra Add Auto Loans to Tokenized Credit Platform
Figure: Strategic Partnership with Agora Data (Official Press Release)
GlobeNewswire: Agora Data Achieves Industry First, Auto Loans Become Public On-Chain Assets
Aave ukončuje šest blockchainových nasazení, včetně Sonic, Scroll, zkSync, Metis, Soneium a Aptos, a ruší 50 rezerv s nízkou adopcí. Změny se dotknou nabídky v hodnotě 98,1 milionu USD a dluhu ve výši 15,6 milionu USD.
Decentralized lending protocol Aave is pressing ahead with a significant consolidation of its multichain presence, moving to wind down six blockchain deployments and remove dozens of underperforming asset reserves.
What Is Being Removed Aave is deprecating 50 low-adoption asset reserves across multiple deployments. The protocol is also winding down its instances on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. A further 25 asset reserves and 21 matured Pendle principal tokens will be removed as part of the same cleanup. In total, the changes affect $98.1 million in supply and $15.6 million in debt.
Founder Stani Kulechov said the move is designed to reduce Aave's economic and technical risk exposure. The decision reflects a broader governance push that has been building since late 2025, when the Aave Chan Initiative (ACI) first proposed rolling back instances on chains that had "proven to lack product market fit."
A Strategy Shift in the Making Aave has historically taken a maximalist view when it comes to launching on new blockchains. The project is live on at least 18 chains, including a range of Ethereum Layer 2s as well as alternative Layer 1s like Aptos and Sonic. That approach is now being reversed for networks that have failed to generate meaningful activity.
The deprecation of the Scroll instance, for example, was accelerated following a rapid deterioration of on-chain liquidity and TVL, completing the wind-down by freezing all assets and increasing the reserve factor on select assets.
Low usage, TVL, and revenue contribution from these deployments continued to consume governance and operational resources while posing ongoing risk exposure. The consolidation is consistent with Aave's wider effort to tighten its operational footprint and focus resources on deployments that generate meaningful returns. Aave is by far the largest decentralized lending protocol, accounting for over 81% of total outstanding debt on Ethereum.
Sources
The Block: Aave DAO mulls pulling back multichain strategy
Aave Governance: Scroll Instance Deprecation Proposal
North Korea-linked hacking group Lazarus has once again drawn attention after moving 121.5 BTC, worth around $7.74 million, to two unidentified wallet addresses. Blockchain tracking platforms Arkham Intelligence and Lookonchain flagged the transfer. However, the purpose behind the transaction remains unknown. Given the group’s long history of laundering stolen crypto, security experts believe the movement is worth monitoring closely.
121.5 BTC Sent to Unknown WalletsAccording to Arkham Intelligence, the transfer took place roughly an hour before it was detected. Lookonchain confirmed that the funds originated from a wallet associated with the Lazarus Group.
While there is no confirmation that the Bitcoin has been moved to exchanges or mixing services, investigators are expected to track the funds for signs of laundering or cash-out attempts.
Lazarus Still Leads Crypto Theft in 2026The latest transaction comes as cybersecurity reports show that the first half of 2026 became the worst six-month period ever for crypto hacks.
According to a Blockaid security report:
212 exploits were recorded during the first half of 2026.Total losses reached $1.1 billion, more than 3.4 times the number of incidents seen during all of 2025.The Lazarus Group accounted for nearly 55% of total losses, stealing approximately $609 million.The group’s two biggest attacks this year targeted:
KelpDAO: $292 millionDrift Protocol: $285 millionTogether, those two breaches resulted in $577 million in stolen funds.
Private Keys Remain the Biggest WeaknessThe report found that compromised private keys caused 74% of all stolen funds in 2026. This highlights that wallet security continues to be the biggest vulnerability across the crypto industry.
Blockaid also reported the first-ever AI prompt injection exploit, where an attacker manipulated an AI-powered crypto agent into approving a fraudulent transaction worth $216,000. This marks a new type of security threat for decentralized finance.
CLARITY Act Targets Lazarus TacticsThe recent Bitcoin transfer also comes as U.S. lawmakers continue pushing the CLARITY Act. Senator Cynthia Lummis recently said the legislation directly addresses the loopholes that allowed the Lazarus Group to steal an estimated $6.75 billion in crypto over time.
According to Lummis, the bill would introduce stronger asset-freezing tools and expanded sanctions authority, giving exchanges and the U.S. Treasury more power to block suspicious transactions before stolen funds can be moved overseas.
Although the destination of the latest 121.5 BTC transfer remains unknown, the movement highlights that Lazarus continues to actively manage its crypto holdings. As a result, blockchain investigators and regulators remain on high alert.
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Uživatelé BitMartu tvrdí, že 27 uživatelů má uzamčená aktiva v hodnotě přes 3,7 milionu USD, a požadují odpověď do 24 hodin. Podle nich výběry z USDG a PYUSD nefungují, i když burza slíbila, že zůstanou otevřené.
PANews July 30 news, X platform user @MINGLIbtc posted that a joint group of BitMart users with large affected assets has released an open complaint. As of July 30, 27 users have completed registration, with assets unable to be withdrawn normally totaling over 3.7 million USD, with a single user as high as 700,000 USDT, and the amount is still rising. Multiple users were attracted by stablecoin wealth management products such as USDG and PYUSD. After completing KYC, they redeemed their wealth management holdings and submitted withdrawal requests as required by the platform, but the actual exit channels were successively closed. Users pointed out that the USDG withdrawal networks include both ERC20 and Solana channels, both displaying “Paused”; the USDG/USDT and PYUSD/USDT trading pairs could not trade normally; wealth management users could neither withdraw directly nor exchange into USDT for withdrawal. Large withdrawals have been stuck for a long time, with only sporadic releases of small withdrawals around 100 USDT, and the 24-hour withdrawal limit on accounts has been drastically reduced. BitMart announced on July 26 that it would gradually cease operations, stating that withdrawal services would remain open, but users’ actual experience seriously contradicts the announcement.
Users raised eight questions, demanding that BitMart publicly disclose the status of asset backing, custodians, withdrawal processing standards and true progress, and arrange for a responsible person with decision-making authority to communicate directly within 24 hours at the latest; otherwise, they will submit evidence to the police and disclose the matter to international media. Users emphasized that they will not accept private discounted buyouts or installment plans, and their primary demand remains the full return of assets. Earlier, on July 21, BitMart had even reduced trading fees for the USDG/USDT and PYUSD/USDT trading pairs, only to announce the cessation of operations five days later, sparking users’ doubts about whether the platform had prior knowledge.
Whaleové stáhli z burz přes 102,1 milionu ENA za zhruba 8,49 milionu USD a část ihned zamířila do stakingu. ENA přitom dál klesá, ale drží support u 0,0800 USD.
Whale accumulation continued reinforcing confidence in ENA despite its recent price weakness, as more than 102.1 million ENA worth roughly $8.49 million left centralized exchanges within hours.
The latest buying activity involved 60 million ENA valued at $4.97 million, another 35 million ENA worth $2.92 million that immediately entered staking, and an additional 7.108 million ENA valued at $600.7K purchased through Binance.
However, ENA still traded lower, highlighting the disconnect between large investor behavior and short-term market sentiment.
Such activity reflected a preference for self-custody and staking instead of immediate distribution. As a result, whales reduced the liquid supply available for trading, while their actions suggested stronger long-term conviction than recent price performance indicated.
Spot outflows kept exchange supply under pressure Exchange flow data continued supporting the accumulation narrative despite ENA’s ongoing decline.
The latest daily Spot Inflow/Outflow reading showed -$450.98K, extending the series of negative netflows visible throughout recent sessions.
Unlike exchange inflows, persistent outflows reflected tokens leaving trading venues instead of entering them for potential selling.
This behavior aligned with the whale withdrawals recorded from Coinbase and Binance.
However, the relatively modest size of the latest outflow also showed that aggressive buying had not yet translated into broad market participation.
Retail demand remained restrained even as larger holders accumulated. Even so, shrinking exchange balances often reduced immediate sell-side liquidity.
If buyers continue absorbing available supply, those conditions could gradually improve ENA’s broader market structure over the coming sessions.
Source: CoinGlass ENA revisits channel support as conviction gets tested Ethena’s [ENA] latest pullback shifted attention away from the recent rally and back toward the strength of its underlying trend.
Instead of breaking below structure, price retreated into the lower boundary of the ascending channel and found support around $0.0800, an area that has repeatedly attracted buyers throughout July.
That reaction kept the broader pattern intact, although upside conviction weakened after another rejection below $0.0900.
Meanwhile, the RSI fell to 47.61, slipping beneath its moving average at 53.52 and below the neutral threshold, reflecting fading buying interest rather than aggressive selling.
The market now sits at a decision point. A strong rebound from channel support could place $0.0900 back within reach and reopen the path toward the upper channel boundary.
However, losing $0.0800 would invalidate the current structure and could shift focus toward the $0.0700 support zone.
Source: TradingView Final Summary Whale buying and exchange outflows continued reducing liquid ENA supply despite the recent decline. ENA held key channel support, while $0.0870 remained the next major upside liquidity zone.
Prezidentka Ripple Monica Long uvedla, že institucionální poptávka po XRP i připravovaném stablecoinu RLUSD je na rekordních maximech. Podle ní je zájem „bezprecedentní“.
Ripple president Monica Long announced that institutional demand for both XRP and the company’s upcoming US dollar stablecoin, RLUSD, has reached unprecedented levels. The comments from Long, who oversees institutional partnerships at Ripple—a blockchain-based payments company—have caught the attention of investors and analysts across the sector.
Institutional demand at all-time highsEntrepreneur and Bitcoin advocate Lark Davis emphasized Long’s remarks, noting her observation that current institutional interest is “nothing like we’ve ever seen.” Davis pointed out that Ripple’s unique position allows it to gauge such trends firsthand. He commented that despite such significant demand, the price of XRP has not yet reacted in line with these developments.
Ripple president Monica Long described institutional demand for XRP and RLUSD as ‘unprecedented,’ signaling that interest surpasses anything in Ripple’s previous experience.
Long’s statements carry notable weight within the industry, especially considering her leadership in institutional outreach. Ripple is widely recognized for its integration with major financial entities and as a key player in advancing blockchain-based cross-border payments.
RLUSD, the new stablecoin introduced by Ripple, aims to facilitate instant payments and liquidity between institutions, leveraging blockchain technology to provide faster and more secure settlement compared to traditional systems.
Mini dictionary: RLUSD, Ripple’s US dollar-backed stablecoin designed for enterprise use, is intended to offer fast, reliable, and regulated digital settlements.
Why price has yet to reflect demandDavis explained that the lag between growing institutional interest and price action is mainly due to the nature of institutional operations. Large institutions require extensive internal processes such as board approvals, compliance verification, legal assessments, and secure custody setups before deploying capital into digital assets.
He added that while demand is present and in progress, it takes considerable time for institutions to fully participate. Unlike retail traders, institutional investors do not act on short news cycles. Their onboarding trajectory often extends over months or even years.
Demand is real and already in the pipeline. Institutions move through complex, structured approval processes, which means market reactions can be significantly delayed.
Davis also cited broader market conditions as a factor. He observed that the current bear market has generally slowed price responses to positive news, with suppressed trading volumes and muted reactions across the board.
Potential impact on XRP and RLUSDLong’s insight comes from direct visibility into Ripple’s institutional relationships. Her assessment suggests a build-up of demand behind the scenes, with negotiations and partnerships progressing that have not yet produced visible market moves.
Davis highlighted that in previous cycles, a similar dynamic occurred where prices remained stable until institutional flows reached the open market. Once onboarding is complete and large-scale capital enters, there could be significant price action in both XRP and RLUSD.
The timeline for these developments remains uncertain, as retail investors often move out before institutional allocations appear. Davis stressed that strategically positioning ahead of institutional inflows may be key for participants tracking the next phase of market growth.
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.
Japonský herní vývojář Gumi spouští se SBI Financial Services kryptoměnový fond za 3 miliardy jenů, zaměřený hlavně na Bitcoin a hlavní altcoiny. Fond má využívat staking, rebalancování portfolia a hedging.
Japanese game developer Gumi said it will begin operating a 3 billion yen (about $18.3 million) crypto asset fund on Saturday with SBI Financial Services and backing from Daiwa Securities Group and other investors.
The fund is operated by SBI Crypto Fund, a joint venture owned 51% by SBI Financial Services and 49% by Gumi subsidiary gC Labs.
According to Gumi’s Tuesday announcement, the fund will invest primarily in Bitcoin and major altcoins, using staking, portfolio rebalancing and hedging strategies.
The company said the fund’s mission is to bridge Japan’s corporate sector and the crypto market while building an operational track record ahead of a possible future lifting of Japan’s ban on crypto exchange-traded funds.
The launch builds on Gumi’s expanding crypto business, which includes managing its own crypto holdings centered on XRP, portfolio management services through Hinode Technologies and crypto investment funds.
The company’s latest annual report shows crypto has become a significant part of its balance sheet. As of April 30, 2026, Gumi held 14.13 billion yen in crypto assets, nearly doubling from 7.58 billion yen a year earlier.
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.
Active Loans Surpass $1.15M in Rapid Growth@LiquidiumFi's cross-chain lending platform has hit a notable milestone, with active loans exceeding $1.15M, according to DefiLlama data. That figure represents roughly a 10x increase since April, while total value locked (TVL) now sits at $3.1M, up 13% over the past week.
Launched in February 2026, Liquidium.fi operates as a non-custodial cross-chain lending platform. The protocol is built on Internet Computer's (@dfinity) Chain Fusion technology, which enables direct communication between blockchains. Users can supply and borrow native assets, including $BTC and USDT on Ethereum, without the security risks of centralized bridges or the need to manually manage wrapped tokens.
The underlying mechanism relies on threshold cryptography. Rather than routing assets through a custodian, the private keys for escrowed Bitcoin are mathematically split across hundreds of independent ICP nodes, and a consensus of those nodes must sign off on any transaction, such as releasing collateral or triggering a liquidation.
Oisy Wallet Integration Brings Lending Into One InterfaceThe growth comes alongside a meaningful UX development. Borrowing with $ICP and ckAssets has gone live inside the @oisy Wallet, meaning users can now access the full lending flow, including borrowing and supplying assets, without leaving the wallet interface. Liquidium is now integrated directly into OISY Wallet, with users able to access the Borrow section as well as the Earn section to supply and deposit assets.
The Oisy integration is powered by the Liquidium SDK and reflects a broader push to consolidate the cross-chain lending experience. By building on ICP's Chain Fusion, Liquidium makes it possible to lend and borrow Bitcoin directly, without centralized bridges or wrapping.
The platform's track record on its original Bitcoin-native product, Liquidium.wtf, adds context to the momentum. That protocol has processed over 119,000 loans and more than $400M in borrowing volume, and the team is now applying the same non-custodial infrastructure to the cross-chain market.
Sources:
Liquidium: Cross-Chain Lending Protocol Launch (Official Blog)
DFINITY Forum: Liquidium Now Live in OISY Wallet
DefiLlama: DeFi Analytics Dashboard
Aplikace napojené na Solanu přes WalletConnect zpracovaly v prvních šesti měsících roku 2026 téměř 4 miliardy dolarů v transakcích. Tahouny byly Kamino, Jupiter a Jito.
Solana-connected applications pushed nearly $4 billion in transaction volume through WalletConnect during the first six months of 2026. That figure, spanning January through June, came from roughly 500,000 transactions across 766 apps operating in 200 countries.
To put Solana’s share in perspective, WalletConnect’s total network volume surpassed $207 billion during the same period. Solana’s $4 billion slice works out to just under 2% of that total.
What’s actually driving the volume Three names keep surfacing as the engines behind Solana’s WalletConnect activity: Kamino, Jupiter, and Jito.
Jupiter has cemented itself as Solana’s go-to aggregator for swaps, routing trades across multiple decentralized exchanges to find users better prices. When volume flows through Jupiter, it tends to mean retail and power users alike are actively trading on-chain rather than sitting on centralized exchanges.
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Kamino handles automated liquidity strategies and lending, giving users ways to put idle capital to work. Its presence at the top of the Solana leaderboard on WalletConnect suggests that lending and liquidity provision, not just speculation, are driving real engagement.
Jito has carved out a niche in liquid staking on Solana. Liquid staking lets users earn staking rewards while keeping their tokens usable in DeFi protocols. Jito’s prominence in these numbers signals that Solana’s staking economy is maturing beyond simple lock-and-forget strategies.
WalletConnect’s quiet dominance The $207 billion in total network volume across H1 2026 underscores how deeply embedded WalletConnect has become in the daily rhythm of crypto usage. The geographic spread adds another layer. Transactions coming from 200 countries means this isn’t a Silicon Valley hobby or a Southeast Asian phenomenon.
WalletConnect shared the H1 2026 network update through its official channels around late July, and members of the Solana ecosystem quickly amplified the data.
Context and competitive positioning The 766 applications plugged into WalletConnect on Solana hint at ecosystem depth. Nearly 800 apps suggest a broader base of builders shipping products that people actually use.
It’s also worth noting that WalletConnect is just one connectivity layer. Users interacting directly through browser extensions, mobile wallets with native integrations, or embedded wallet SDKs wouldn’t show up in these numbers. The $4 billion is a floor, not a ceiling.
What this means for investors For anyone watching Solana’s fundamentals, these WalletConnect numbers offer a useful health check. Transaction volume through a neutral connectivity layer is harder to game than metrics like total value locked, which can be inflated by token price appreciation or recursive lending strategies. When half a million transactions flow through a third-party infrastructure provider, it suggests genuine user demand.
One risk to monitor is concentration. Three protocols driving the lion’s share of a chain’s WalletConnect activity means that a smart contract exploit, a governance dispute, or a regulatory action targeting any one of them could meaningfully dent the numbers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Origin spustila multi-asset WETH ARM, který v jednom fondu sdružuje WETH pro stETH, wstETH, eETH a weETH. LP tak mohou poskytovat likviditu napříč čtyřmi trhy bez rozdělování kapitálu.
One WETH Vault, Multiple Redemption Rails: Introducing the Multi-Asset WETH ARMOrigin’s multi-asset WETH ARM is now open, giving LPs one position across four liquid staking markets. The multi-asset WETH ARM lets all assets trade against one pool of WETH.
The vault supports:
stETHwstETHeETHweETHEach asset lane keeps its own:
Buy and sell pricesBuy and sell liquidity limitsInventory and pending-redemption trackingRedemption adapterAggregators get more eligible routes, while LPs gain access to arbitrage opportunities across four markets without moving or splitting liquidity between separate ARM Vaults.
This is the first rollout. Additional LSTs, including OETH and wOETH, are planned as follow-on additions to the multi-asset WETH ARM.
Existing ARMs have processed more than $2.7 billion in volumeWhen a redeemable asset trades below its redemption value, users and aggregators can sell it into the ARM’s quotes. An operator submits the resulting inventory through the asset’s redemption process, and the returned backing asset flows back to the vault. The resulting spread contributes to LP yield.
Dune trade data shows meaningful activity in both existing ARMs:
stETH ARM: Dune recorded more than $2.53B in volume (956k stETH) over more than 54,000 transactions since public launch on October 17, 2024.eETH ARM: Dune recorded more than $163M in volume (80k eETH) over more than 4,000 transactions since public launch on October 30, 2025.That history shows repeated use of ARM liquidity. Much of the market also trades through wstETH and weETH, which the existing ARMs do not accept. The multi-asset WETH ARM builds on that operating history while adding support for wstETH and weETH.
Why wrapped-token support mattersWrapped tokens account for a significant share of the Lido and ether.fi markets. As of July 25, wstETH represented nearly half of Lido’s stETH TVL, while weETH represented approximately 95% of ether.fi’s eETH TVL.
The existing ARM Vaults support stETH and eETH, but not their wrapped counterparts. Adding wstETH and weETH allows the multi-asset WETH ARM to quote a much broader share of each market.
Dune data provides two overlapping views of trading activity across this market over the 90 days ending July 24:
User-facing aggregator trades: $1.901B of executed swaps with wstETH or weETH on one endpoint and ETH/WETH on the other. Of that total, $709.7M started with a wrapper and ended in ETH/WETH (query).Pool-level DEX swaps: $1.903B of direct wrapper/ETH-WETH execution legs. Of that total, $864.2M sold a wrapper for ETH/WETH inside a pool (query).The totals are similar, but the datasets measure different parts of a trade. The aggregator table records the user's starting and ending tokens. The pool table records each qualifying execution leg, including direct DEX swaps and legs produced by aggregator routes. A routed trade can produce more than one pool leg, so the two datasets overlap and should not be combined. Dune documents this relationship for dex_aggregator.trades and dex.trades.
Before wrapped-token support, the ARM could not quote wstETH/WETH or weETH/WETH directly. Supporting these assets makes those routes eligible for ARM quotes. Whether the ARM captures that volume will depend on competitive pricing, available liquidity, and aggregator integration.
How shared WETH inventory worksLPs deposit WETH into one vault that serves all four supported markets. Each asset draws from the shared WETH pool while retaining its own prices, liquidity limits, inventory tracking, and redemption adapter.
The operator sets prices and available liquidity for each asset.Users and aggregators execute against the ARM’s quotes.The appropriate adapter prepares assets received by the vault for redemption.The operator submits the redemption, and the returned ETH is wrapped and returned to the shared WETH pool.Because WETH liquidity is shared, capital is not restricted to a single token pair.
If wstETH activity is quiet while weETH trades at a wider discount, the operator can optimize pricing and limits to direct more of the shared WETH capacity toward weETH. This allows the vault to respond to changing market conditions without requiring LPs to move capital between products.
A direct market 3.24x the previous sizeOver the 90d period ended July 24th:
The existing stETH/WETH and eETH/WETH markets generated $851.4M in two-way direct volume.The added wstETH/WETH and weETH/WETH markets generated $1.9B.Combined volume across all four supported markets reached $2.76B.Adding wrapped assets makes the eligible direct market 3.24x the size of the market covered by the existing ARM Vaults.
This does not mean the WETH ARM will capture all of that volume. Actual activity will depend on competitive pricing, available WETH, aggregator integration, and redemption capacity.
More routes from one WETH vaultThe multi-asset WETH ARM gives aggregators one source of WETH liquidity across rebasing and wrapped tokens. One vault can quote all four assets without splitting LP liquidity across separate products.
The design creates clear benefits:
Traders and aggregators gain more eligible routes into WETH.LPs can support activity across all four markets through one vault position.The operator can adjust pricing and quote capacity as market conditions change.Each asset retains its own pricing, liquidity limits, inventory accounting, and redemption process.The result is broader atomic WETH liquidity without fragmenting LP capital across separate vaults. You can read more about WETH ARM in our docs here.
POSCO International a LG CNS dokončily pilotní on-chain trade finance na Injective s tokenizací reálných obchodních pohledávek. Šlo o živou transakci s reálnými daty.
Two of South Korea’s biggest corporate names just ran a live experiment on a crypto blockchain, and it actually worked. POSCO International and LG CNS completed a proof-of-concept pilot that tokenized real trade receivables on the Injective Layer-1 blockchain, marking one of the more concrete examples of a traditional industrial giant using decentralized infrastructure for something other than a press release.
The pilot used actual commercial trade data, not simulated numbers.
What actually happened The proof-of-concept completed at least one live on-chain transaction using real trade receivables, run through Injective’s blockchain infrastructure with LG CNS handling the technical integration layer. The pilot was announced and confirmed complete around July 26-27, 2026.
POSCO International is not a small operation. The company posted $22.2B in revenue for the prior year and operates a network of more than 80 overseas branches and subsidiaries.
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The framework being tested combines AI, blockchain, and shared ledgers to tackle trade finance reconciliation. The pilot aims to compress that process significantly and improve working capital management across POSCO’s global network.
POSCO President Lee Gye-in framed the significance plainly. “This PoC is significant in that it validated the applicability of AI and blockchain technology,” he said.
Injective co-founder Eric Chen added that the pilot demonstrated the chain’s suitability for regulated finance conducted on-chain, pointing specifically to Injective’s ability to embed compliance and ownership rules at the protocol level rather than bolting them on afterward.
Why Injective, and why this matters for onchain finance Injective has positioned itself as infrastructure for financial applications, with a design that allows compliance logic and asset ownership rules to live inside the protocol itself. Trade receivables are regulated instruments carrying counterparty risk, jurisdictional rules, and ownership transfer requirements that most general-purpose blockchains handle awkwardly, if at all.
The framework finalization is targeted for the second half of 2026, with a phased rollout to POSCO International’s network of more than 80 global subsidiaries to follow.
LG CNS, the IT services arm of LG Group, brings enterprise integration experience to the project. Its involvement signals that this is being built with production deployment in mind, not just conceptual validation.
What investors should watch For Injective specifically, a partnership with a $22.2B-revenue industrial conglomerate is a different category of institutional validation than most Layer-1 blockchains have managed to secure. This pilot used real transactions from a real company with real financial exposure.
Injective’s differentiation here is the compliance-native architecture, and the POSCO pilot is the most tangible evidence yet that the approach can satisfy enterprise legal and operational requirements.
What to watch next: whether the framework finalization in late 2026 leads to a confirmed rollout timeline, and how many of POSCO’s 80-plus subsidiaries enter the first phase.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
GMX DAO už odkoupila přes 384 000 GMX za zhruba 2,4 milionu USD, včetně posledních 12 380 tokenů za asi 85 000 USD. Program financuje 27 % protokolových poplatků.
GMX DAO continues its systematic token buyback campaign, having now repurchased over 384,000 GMX tokens for approximately $2.4 million at an average price of $6.25. The latest tranche saw 12,380 tokens acquired for roughly $85,000, adding to what has become one of the more aggressive treasury accumulation strategies in DeFi.
The buyback machine in detail Since March 5, 2026, the GMX DAO has repurchased 313,650 GMX tokens for approximately $1.965 million, averaging $6.27 per token. The pace accelerated meaningfully in Q2 2026, when the DAO scooped up 228,030 tokens for around $1.41 million at an average of $6.18.
One particularly notable weekly buyback occurred from June 24 to 30, when 23,280 GMX were acquired for $125,000. That batch averaged $5.37 per token, a meaningful discount compared to the broader program average of $6.25.
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The funding mechanism is what makes this program structurally interesting. The DAO redirected 27% of protocol fees, money that was traditionally distributed to GMX stakers as yield, toward these open-market buybacks. Stakers who were counting on passive income from fees are now watching those revenues get converted into treasury assets instead.
Liquidity reshuffling and Solana expansion The DAO has signaled plans to withdraw approximately 600,000 GMX tokens from external decentralized exchange liquidity pools. Those tokens would be redeployed into GMX’s own pools, consolidating liquidity under the protocol’s direct control.
Additionally, GMX appears to be expanding its footprint to Solana through a platform called GMTrade.xyz. GMX built its reputation on Arbitrum and is extending into the Solana perpetuals market via this expansion.
Market reaction and the $90 threshold GMX’s token price hasn’t significantly moved on the back of these purchases. Earlier buyback rounds did little to move the needle on valuation, which is partly why the DAO has been iterating on its approach.
According to the DAO’s governance framework, rewards from the buyback program will only be distributed when GMX achieves trading levels above $90. With the token currently trading in the $6 range, that threshold is roughly 14x away. It ensures accumulated tokens aren’t dumped back onto the market at these levels.
What this means for investors The 27% fee redirection creates a measurable reduction in staking yield. Anyone evaluating GMX staking needs to factor in that roughly a quarter of what used to be distributed as rewards is now going into buybacks instead.
The liquidity consolidation strategy could reduce GMX’s presence on popular DEX aggregators. If 600,000 tokens get pulled from external pools, it may become harder to trade GMX on certain platforms, potentially widening spreads before the DAO’s own pools absorb that volume.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Arbitrum Foundation rozšiřuje partnerství s Variational a do konce Q3 2026 přidá alespoň dva další bezpečnostní audity. Zároveň hradí gas fees a financuje nezávislou statistickou stránku.
What the expanded deal coversThe Arbitrum Foundation (@arbitrum) and on-chain derivatives protocol Variational (@variational_io) have announced an expanded partnership, adding at least two further security audits sponsored by the Foundation before the end of Q3 2026. Alongside the audit commitment, the Foundation is covering gas fees for the Variational protocol and funding an independent statistics page built by Entropy Advisors. The page will track key metrics including volume, open interest, total value locked, and execution costs.
The move is a notable shift in how a Layer 2 network is choosing to support a native protocol. Rather than deploying a broad token incentive program, the Foundation is absorbing direct operating costs, specifically security and gas, for a protocol it considers strategically important. Covering audits and gas arguably builds deeper loyalty than short-term liquidity mining campaigns, and signals a more targeted approach to ecosystem development.
Variational's scale on ArbitrumVariational is a peer-to-peer trading, clearing, and settlement protocol for perpetuals and generalized derivatives, built natively on Arbitrum . It provides infrastructure for bilateral trading of options, futures, perpetuals, and other instruments, with multiple applications built on top of the protocol, including Omni for retail perpetuals and Pro for institutional OTC derivatives.
According to data from DefiLlama cited in the original announcement, Variational is currently sitting at $1.28 billion in open interest with $24.6 billion in perpetuals volume over the past 30 days. DefiLlama Research has noted that Variational places within the top 10 perpetual DEXs by both daily and 30-day volume, describing it as a clear signal of genuine and growing traction in the market.
The protocol's growth has attracted significant external capital. In May 2026, Variational closed a $50 million Series A led by Dragonfly Capital, with Bain Capital Crypto and Coinbase Ventures participating, bringing total disclosed funding to over $60 million. The Foundation's expanded operational support now complements that private backing with direct infrastructure commitments.
For Arbitrum, deepening the relationship with one of its highest-volume native protocols reinforces the ecosystem's position in on-chain derivatives at a time when the broader perps market is becoming increasingly competitive.
Sources:
DefiLlama Research: Variational and the Shift to Onchain Brokerage
Variational Protocol Stats, DefiLlama
The Block: Variational raises $10.3 million in seed funding
Po exploitu za 24,15 milionu USD u bridge třetí strany na Arbitrum Offchain Labs zdůraznila, že nativní Arbitrum bridge zůstal bezpečný. Incident ukázal rozdíl mezi riziky nativního a externího bridge.
A $24.15 million exploit on a third-party bridge operating on Arbitrum has turned into a very public lesson about which bridges you should trust with your crypto. Steven Goldfeder, CEO and co-founder of Offchain Labs, used the incident to outline exactly how his team thinks about bridge risk management, and why the native Arbitrum bridge sits in a fundamentally different security category.
The breach hit AFX Trade on July 22, when attackers compromised validator keys on the bridge protocol and drained approximately $24.15 million in USDC. The stolen funds were subsequently swapped for roughly 12,467 ETH. Goldfeder confirmed the exploit originated entirely from a third-party protocol and that Arbitrum’s native bridge remained secure throughout the incident.
Native vs. third-party: a distinction that matters Arbitrum’s native bridge inherits its security directly from the rollup’s architecture, secured by the same mechanism that protects the entire Arbitrum network, which ultimately relies on Ethereum’s own security guarantees. Third-party bridges like AFX Trade operate independently, introducing their own trust assumptions, key management practices, and validator sets.
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Goldfeder, who holds a Ph.D. in applied cryptography from Princeton University, emphasized that Offchain Labs has improved bridge security through a combination of technical measures and user education. The company also conducts due diligence on third-party bridges that operate within the Arbitrum ecosystem, though the AFX Trade incident demonstrates the limits of oversight when external protocols manage their own security infrastructure.
The exploit and its aftermath The AFX Trade attack followed a depressingly familiar playbook. Compromised validator keys gave attackers the ability to authorize fraudulent withdrawals, a vulnerability pattern that has plagued cross-chain bridges since the earliest days of multi-chain DeFi. Once the keys were compromised, the attackers moved quickly, draining USDC before converting to ETH to obscure the trail.
AFX Trade proposed a white-hat bounty deal to the attacker: return 70% of the stolen funds and keep the rest as a bug bounty. The incident was far from isolated. July 2026 has seen at least 14 recorded security breaches across the crypto sector.
What this means for investors Bridge selection matters. Users moving assets between Ethereum and Arbitrum face a real choice between the native bridge, which benefits from rollup-level security guarantees, and third-party options that offer speed or convenience but introduce additional risk vectors.
Offchain Labs’ stated approach of conducting due diligence on third-party bridges positions Arbitrum as a network that at least attempts to curate its infrastructure partners, even if that curation clearly has limits. A steady drumbeat of bridge exploits — 14 in a single month — gives regulators ammunition to impose stricter guidelines on bridging technology and cross-chain protocols.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Pi Network přechází na Protocol 26 na mainnetu a všichni provozovatelé node musí upgrade dokončit do 11. srpna 2026. Kdo deadline nesplní, bude okamžitě odpojen od sítě.
August 11 Deadline Set for All Node Operators@PiCoreTeam has announced the transition to Protocol 26 on its mainnet, requiring all node operators to complete the technical upgrade before August 11, 2026. Any node that fails to meet the deadline will be disconnected from the Pi mainnet immediately, cutting off its ability to validate transactions and participate in network consensus.
The upgrade is not an isolated event. Pi Network has been moving through a sequential infrastructure overhaul that represents its most significant technical transformation since launch. Every protocol upgrade in Pi Network's sequential rollout builds directly on the previous one, creating a strict dependency chain. Nodes cannot skip versions, meaning all operators must have followed each prior step in order to be eligible for the Protocol 26 transition.
Protocol 26 as a Gateway to Protocol 27According to @PiCoreTeam, Protocol 26 serves as the final precursor to Protocol 27, described as the terminal technical shift in the network's 2026 roadmap. The team has indicated the network is prioritizing high reliability standards as it enters this final phase of ecosystem development.
Protocol v26.0 finalizes a structured series of technical upgrades focused on security and scalability, with the broader goal of transitioning the network from an enclosed state to a fully open, interoperable blockchain ecosystem. The overarching aim of this upgrade wave is to enhance the blockchain's technical foundation, with a focus on security, decentralization, performance, and scalability to prepare for broader Web3 adoption.
Every step in the upgrade sequence has been completed successfully and on schedule, a track record that reflects positively on both Pi's technical execution and its node operator community's reliability. With Protocol 26 now mandated on mainnet and Protocol 27 on the horizon, the network appears to be closing in on the end of its multi-year infrastructure build-out.
Sources:
Coinfomania: Pi Network Sets June 18 Deadline for Protocol 25 Node Upgrade
KuCoin: Pi Network Node Operators Must Upgrade to Protocol 25.2 by June 18, 2026
CoinMarketCap: Latest Pi Network News and Market Insights
Introduction If you’ve searched for “mt gox” recently, it’s probably because the name showed up in a headline again — more than a decade after the exchange collapsed, a dormant wallet linked to it still makes news whenever it moves Bitcoin. To understand why that keeps happening, it helps to know what Mt. Gox actually was, how it fell apart in 2014, and why a bankruptcy case from over a decade ago is still, in a very real sense, unfinished business for the Bitcoin market.
What Was Mt. Gox? Mt. Gox was a Tokyo-based cryptocurrency exchange that, at its peak, handled more than 70% of all Bitcoin transactions worldwide, according to Investopedia’s sourced history of the exchange. The name is an acronym for “Magic: The Gathering Online Exchange” — the site was originally created by Jed McCaleb as a place for players to trade cards from the collectible card game before it was repurposed into a Bitcoin exchange. Mark Karpeles took over as the largest shareholder and CEO in 2011, and under his management Mt. Gox grew into the dominant Bitcoin exchange of the early 2010s.
What Caused the 2014 Collapse? The mt gox hack that led to the exchange’s downfall unfolded gradually rather than as a single event. In February 2014, Mt. Gox suspended withdrawals after discovering what it described as suspicious activity in its digital wallets. The company ultimately disclosed that it had lost approximately 850,000 Bitcoins — worth hundreds of millions of dollars at the time — through a combination of hacking incidents and technical failures. Roughly 200,000 of those Bitcoins were later recovered, but the bulk of the loss destabilized the exchange and, briefly, the broader Bitcoin market. Mt. Gox filed for bankruptcy in Tokyo District Court shortly afterward.
Mark Karpeles was later found guilty in 2019 of falsifying data to inflate the exchange’s holdings, though he was acquitted of the more serious embezzlement charges against him. Separately, in 2023, the U.S. Department of Justice charged two Russian nationals in connection with laundering funds tied to the hack — a reminder that the “who did it” question took nearly a decade to produce any formal charges at all.
Bankruptcy vs. Rehabilitation: Why Repayment Took So Long Here’s the part that surprises a lot of people: Mt. Gox’s original 2014 bankruptcy filing did not directly produce the repayment process creditors are living through today. Creditors objected to the initial bankruptcy liquidation approach, which pushed the case into a different legal track in Japan called civil rehabilitation. That process, overseen by a court-appointed Rehabilitation Trustee, took years to work out exactly how creditors would be compensated — cash, Bitcoin, Bitcoin Cash, or some combination — and wasn’t finalized until November 2021, per Investopedia’s account of the legal timeline. Actual repayments to creditors didn’t begin until July 2024, a full decade after the exchange collapsed.
This slow-moving legal process is the direct reason Mt. Gox is still relevant today: the Rehabilitation Trustee still controls a large amount of Bitcoin that hasn’t yet been distributed to creditors, and every scheduled mt gox payout step requires moving funds out of trustee-controlled wallets — which is exactly what a mt gox wallet transfer represents when it hits the news.
Why Does a Mt. Gox Wallet Moving Coins Still Make News? Because those wallet movements are, functionally, the trustee actually executing the repayment plan — not random activity. When a dormant Mt. Gox wallet suddenly transfers a large sum, it’s typically the Rehabilitation Trustee moving funds toward distribution to creditors or reorganizing holdings ahead of a repayment deadline, not a hack or a sale decision in the ordinary sense. Given the sums involved — Mt. Gox’s remaining holdings are still counted in the billions of dollars — any of these transfers is large enough to be visible on-chain and, historically, has sometimes coincided with short-term Bitcoin price volatility, which is why outlets cover each movement individually. Recent examples of this exact pattern show up regularly in crypto news coverage, including transfers following months of wallet silence.
It’s worth being clear about what these transfers are not: they are not evidence of a new hack, and a transfer alone doesn’t mean coins are being sold on the open market. Some analysts have drawn comparisons between how markets react to Mt. Gox-related movements and how they reacted to other large defunct-exchange holdings like FTX’s, since both involve large, closely-watched wallets tied to bankruptcy proceedings rather than active trading.
What’s the Current Repayment Status? As of this writing, the Rehabilitation Trustee’s official deadline for the main mt gox repayment categories — Base Repayment, Early Lump-Sum Repayment, and Intermediate Repayment — is October 31, 2026, according to the Trustee’s own announcements posted directly on mtgox.com. That date is not fixed in any permanent sense: it has already been pushed back multiple times, moving from October 2023 to 2024, then 2025, and now 2026, as the trustee works through the logistics of verifying and paying out a large number of creditor claims. If you’re checking on repayment status specifically, treat any date you read — including this one — as subject to further extension, and check the trustee’s official site directly for the current figure.
The trustee has also repeatedly warned creditors about phishing sites and fraudulent emails impersonating either “MTGOX” or the Rehabilitation Trustee, asking for personal information or wallet connections — a real and ongoing risk for anyone still owed a payout from the case.
Frequently Asked Questions What was Mt. Gox? Mt. Gox was a Tokyo-based Bitcoin exchange that, at its peak, handled more than 70% of global Bitcoin trading volume before collapsing in 2014 after losing roughly 850,000 Bitcoins.
When did Mt. Gox collapse, and why? Mt. Gox suspended withdrawals in February 2014 after disclosing the loss of about 850,000 Bitcoins to a combination of hacking and technical failures, then filed for bankruptcy shortly after.
What is the Mt. Gox repayment/payout process? Following creditor objections to the original bankruptcy approach, the case moved into a Japanese civil rehabilitation process finalized in November 2021. Actual repayments to creditors began in July 2024, and the current deadline for the main repayment categories is October 31, 2026 — a date that has already been extended multiple times.
Why does Mt. Gox keep showing up in Bitcoin news? Because the Rehabilitation Trustee still holds a large amount of Bitcoin that hasn't yet been fully distributed to creditors. When trustee-controlled wallets move funds, it's typically part of executing the repayment plan, and the sums involved are large enough to draw market attention.
Is a Mt. Gox wallet movement the same as a hack or a sale? No. A wallet transfer linked to the Rehabilitation Trustee is generally part of the ongoing legal repayment process, not evidence of a new security breach or an active decision to sell on the open market
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LayerZero [ZRO] za posledních 24 hodin klesl o více než 11 % a tlak zvyšují long likvidace v hodnotě 512 tis. USD i blížící se odemykání tokenů. Trh navíc zůstává medvědí po proražení klíčových úrovní.
LayerZero [ZRO] is down more than 11% in the past 24 hours as trading activity waned. ZRO was slumping while major cryptos like Bitcoin [BTC], Ethereum [ETH], and Ripple [XRP] gained almost 2%.
The more bearish signals were pointing to why LayerZero was declining despite a daily increase in mindshare. Mindshare rose by 28% with 3.46K engagements and mentions due to a partnership with Near Protocol [NEAR]. What were these bearish signals?
ZRO price prediction: Are traders bracing for more losses? The main signal was the bearish market structure. Since equaling last October’s peak of $2.593 on the 11th of February, ZRO has been making lower levels.
ZRO broke below the sideways range between $1.244 and $2.593 last month. It confirmed the breakdown with a double retest of the $1.244 level, turning it from support to resistance.
LayerZero now appears to be trading toward the low created on October 10th’s crypto market crash. Since February, buy orders have dominated aggregate liquidations, resulting in long squeezes.
Additionally, the CVD shows selling pressure is gaining pace once again. In fact, more than 142K ZRO tokens were being sold at the time of press.
Source: ZRO/USDT on TradingView Therefore, it raises the question of whether the drop will continue down to the October 10 low of $0.310. Structurally, it looks like the more likely scenario, especially if the $0.740 zone breaks.
On the other hand, ZRO price is forming a consolidation with a triple touch of the zone. And the fourth one is coming. But why is ZRO more likely to break?
What’s heightening the price decline? Long liquidations were spiking with almost no short liquidations. This amplified the price drop, with $512K long positions wiped out compared to $5.77K worth of shorts. These figures showed bulls lost to bears by a magnitude of 10x.
Source: CoinGlass More leverage favored shorts. As per CoinGlass, cumulative short liquidation leverage was about $1 million between $0.799 and $0.885. On the other hand, long positions totaled $378.5K between $0.700 and $0.783.
These leveraged short orders indicated bears outweighed bulls by a 3x magnitude.
Furthermore, there was looming selling pressure from token unlocks. Every 20th day of the month, LayerZero has cliff unlocks of 25.71 million ZRO. This was equivalent to 4.40% of the released supply, which was 363.28 million ZRO tokens.
Source: Tokenomist Therefore, ZRO remains bearish with $0.310 as the most viable demand zone if market conditions remain the same.
Final Summary LayerZero declined by 11% in the past 24 hours as the price continued to break below key structural levels. Long liquidations, upcoming token unlocks, and leveraged short orders add selling pressure to ZRO.
Virtuals Protocol na Robinhood Chain za necelý měsíc zprostředkoval přes 200 milionů USD objemu obchodování s agenty, nasadil více než 5 600 autonomních AI agentů a získal 2,7 milionu USD pro tvůrce v ekosystému.
It took Virtuals Protocol less than a month to turn Robinhood Chain into one of crypto’s busiest AI agent marketplaces. The protocol announced on July 29 that its infrastructure has facilitated over $200 million in agent trading volume on the platform, with more than 5,600 autonomous AI agents deployed and $2.7 million raised for builders across the ecosystem.
For context, Robinhood Chain only launched in early July 2026. Going from zero to $200 million in trading volume in roughly three weeks is the kind of growth curve that makes even seasoned crypto observers do a double-take.
Inside the agent economy Virtuals Protocol was integrated into Robinhood Chain from day one. The setup allows users to create, fund, and deploy autonomous AI agents that operate within tokenized markets, handling everything from yield automation to prediction markets.
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The protocol’s native token, VIRTUAL, serves as the backbone of this ecosystem. It handles governance, liquidity provision, and transaction fees across the platform. VIRTUAL has a total supply of 1 billion tokens, with approximately 657.5 million currently in circulation. Recent trading has seen the token hovering between $0.56 and $0.60.
Several agent-specific tokens have also emerged within the ecosystem, including $GTR and $PRIZE, creating a layered token economy where individual AI agents have their own tradeable assets.
Why Robinhood Chain matters here Robinhood Chain is built as an Arbitrum-based Layer 2, which means it inherits Ethereum’s security while offering faster and cheaper transactions. The chain’s focus sits squarely on DeFi and tokenized real-world assets.
The 5,600 agents launched so far span multiple use cases. Some focus on DeFi yield optimization, automatically moving capital between lending protocols to chase the best returns. Others operate in prediction markets, placing bets based on data analysis. Still others function as trading terminal tools, helping users execute more sophisticated strategies than they could manage manually.
Competitions and ecosystem growth Virtuals Protocol has hosted trading competitions designed to pull in new participants. A notable recent example was a Binance Wallet competition featuring a $60,000 prize pool.
What this means for investors VIRTUAL’s price range of $0.56 to $0.60 puts the token’s fully diluted valuation at roughly $560 million to $600 million, while the circulating market cap sits closer to $370 million to $395 million based on the 657.5 million circulating supply.
The $2.7 million in builder funding is a start, but it’s modest compared to the war chests deployed by more established Layer 2 networks.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Grayscale tvrdí, že HYPE je při valuaci 15x až 18x stále podhodnocený vůči akciím Circle a Coinbase. Institucionální prodejní tlak ale stlačil cenu pod 55 USD.
Hyperliquid’s HYPE slipped below $55 amid intense institutional selling pressure, but asset manager Grayscale thinks the altcoin is still grossly undervalued.
Drawing from traditional valuation metrics, earnings per share (EPS), Grayscale’s Head of Research Zach Pandl said a similar model, earnings per token (EPT), can apply to HYPE.
According to him, Hyperliquid could make $1B in revenue by the end of 2027. With a projected total HYPE circulation of 270-310 million, that would translate to $3.25-$3.75 or a valuation multiple of 15x to 18x, Pandl added,
At the current HYPE price of $54, a forward ‘earnings multiple’ for HYPE of roughly 15 to 18x, suggesting the token may be undervalued compared to fintech equities.
Source: Grayscale The aforementioned table showed that stocks tied to Circle, Coinbase, Robinhood, and others were trading at higher multiples relative to their generated revenue.
Assuming HYPE can eventually trade at 35x or 40x valuation multiples like Coinbase’s COIN or Robinhood’s HOOD would imply a price target of $113 to $150. Grayscale’s Pandl concluded that,
Despite the gains in Hyperliquid’s HYPE token this year, it still looks cheap compared to fintech equities.
But he noted that the projection could be invalidated if revenue falls below their expectations or token supply exceeds their forecast.
Hyperliquid: Will HYPE hold on to 2026 gains? HYPE nearly quadrupled in H1 2026, running from $20 to about $80 amid U.S Spot ETF demand and institutional FOMO. But it has given back some gains amid an institutional sell-off and FUD.
Notably, crypto VC firms Multicoin Capital and Selini Capital are booking their HYPE profits.
In particular, Multicoin Capital unstaked over 1M HYPE valued at $59M and deposited $4.78M on Coinbase Prime. Last week, the firm unstaked another $120M, further spooking the market with pending selling pressure.
Source: Arkham Selini Capital also deposited $26.8M HYPE on the OKX exchange on the 29th of July.
The U.S. spot HYPE ETFs have also bled $4.5M in July, marking the first negative month since their debut in May. Interestingly, despite the outflows, the HYPE ETFs’ performance was relatively stronger compared to other spot crypto ETFs.
That said, if Hyperliquid [HYPE] loses $55, the next potential floor price could be $48 and $45 (the 200-day moving average).
Source: HYPE/USDT, TradingView Separately, TradeXYZ, one of Hyperliquid’s dominant HIP-3 deployers, said it will compensate affected SK Hynix (SKHYNIX) traders after a price anomaly liquidated $57.4M in long positions.
The firm noted that the liquidations stemmed from an oracle price anomaly. For analysts, the move to compensate victims could reinforce trust in the deployer and Hyperliquid, too.
Final Summary Grayscale said that HYPE is undervalued at a 15x-18x valuation multiple compared to Circle and Coinbase stocks that are valued at above 30x. Institutional sell-off led by Multicoin Capital and U.S. spot ETFs continues to cut HYPE’s 2026 gains.
Vanguard přikoupil 269 200 akcií Strive Asset Management a zvýšil tak expozici vůči společnostem navázaným na Bitcoin. Celkově drží 1,98 milionu akcií v hodnotě zhruba 23,7 milionu USD.
Vanguard, one of the world’s leading investment management firms, has increased its exposure to Bitcoin-related equities through a significant addition to its holdings in Strive Asset Management. The move highlights a broader trend of institutional interest in companies with ties to Bitcoin.
Vanguard boosts Strive Asset Management stakeVanguard’s Total Stock Market Index Fund (VTSAX) acquired an additional 269,200 shares of Strive Asset Management, bringing its total investment to approximately $3.2 million. With this purchase, the fund’s overall holdings in Strive now reach 1.98 million shares, with a combined market value of roughly $23.7 million.
Strive Asset Management primarily focuses on corporate engagement and investment strategies that include exposure to Bitcoin treasury holdings. The company has drawn increased attention from institutional investors seeking access to digital asset markets through equity positions.
Mini dictionary: Strive Asset Management, a US-based asset management firm that advocates shareholder-driven stewardship and has gained attention for investing in companies with significant Bitcoin holdings.
Data from BitcoinTreasuries.NET showed the increased activity, reflecting a pattern seen among several major asset managers as they seek to diversify portfolios with crypto-linked assets.
Vanguard Holdings in StriveShares AddedTotal SharesEstimated ValueJuly 2026269,2001.98 million$23.7 millionInstitutional adoption gathers paceJoe Burnett, Director of Market Research at The Bitcoin Way, commented on social media that the growing integration of Bitcoin into mainstream markets is increasingly occurring through passive investment channels like index funds and ETFs.
A growing portion of global capital is passive, simply tracking returns and mirroring market allocations. The world is starting to own Bitcoin, sometimes without even realizing it.
This trend, Burnett explained, suggests that many mainstream investors are gradually becoming exposed to Bitcoin-related assets as part of diversified fund portfolios, rather than through direct purchases of cryptocurrencies.
Evolving stance at VanguardIn early 2024, Vanguard held a cautious approach to cryptocurrency. The firm, under then-CEO Tim Buckley, declined to offer spot Bitcoin ETFs to its brokerage clients. This policy shifted after the appointment of Salim Ramji as CEO. Ramji, a former BlackRock executive with experience overseeing the launch of BlackRock’s spot Bitcoin ETF (IBIT), brought a more receptive attitude towards digital assets.
By late 2025, Vanguard reversed a key policy and lifted its restriction on digital asset ETFs, although it maintained that it would not launch proprietary crypto products. The company continued increasing stakes in companies with substantial Bitcoin treasury reserves, such as Strive Asset Management, building on earlier disclosures from April regarding its growing shareholdings.
Vanguard drew further industry attention in July by advertising for a newly created position: Head of Digital Assets for Personal Wealth. The role signals expanded ambitions in digital asset management and direct engagement with evolving investor demand for cryptocurrencies within traditional finance platforms.
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.
Generální ředitel Grayscale Peter Mintzberg podal oznámení o prodeji 2 611 akcií XRP ETF GXRP. Tahle zpráva přichází ve chvíli, kdy podíly fondu výrazně klesají a může to ukazovat na slabší poptávku.
Grayscale, the crypto asset manager overseeing more than $35 billion in assets under management (AUM), has disclosed that CEO Peter Mintzberg plans to sell 2,611 shares of the company’s XRP ETF.
The filing comes as XRP trades near $1.09, raising questions about investor demand and the ETF’s weaker position in the market.
Grayscale CEO Peter Mintzberg filed a Form 144 notice with the SEC to sell 2,611 shares of the Grayscale XRP Trust ETF, trading under the ticker GXRP. Based on the filing value of about $53,395, the shares are worth roughly $20.45 each.
Mintzberg acquired the shares on Oct. 3, 2024, through a private purchase from the trust, well before GXRP became a listed spot XRP ETF.
The proposed sale would be handled on NYSE Arca through Cantor Fitzgerald.
Meanwhile, Mintzberg is also not the first Grayscale insider to reduce exposure to GXRP. Digital Currency Group founder Barry Silbert and Grayscale Chief Legal Officer Craig Salm filed notices to sell their pre-listing GXRP shares in January 2026, when the ETF was trading near $37.
While Mintzberg’s proposed sale is small, the wider movement in GXRP shares is more important for investors.
Regulatory filings from January showed GXRP had approximately 5.79 million shares outstanding. However, more recent filings indicate that figure has declined significantly.
Since ETF share redemptions typically require the fund to sell its underlying XRP holdings and reduce the number of outstanding shares, the drop may reflect weakening investor demand.
At the same time, GXRP is facing growing competition from newly launched U.S. spot XRP ETFs. While the broader XRP ETF market has grown to more than $971 million in net assets, Grayscale now holds only about 6% of the market, according to the Soso value data.
Even so, investor interest in XRP remains strong overall, with cumulative inflows across U.S. XRP ETFs surpassing $1.5 billion.
XRP Price Faces Key $1.12 ResistanceDespite the filing news, XRP price continues to rise 2.57% in 24 hours to around $1.09.
However, the technical picture remains cautious. XRP is trading below its 30-day and 200-day moving averages, while RSI sits near 40 and MACD is close to a bearish crossover.
A daily close above $1.12 could strengthen the recovery and put $1.50 back in focus. If XRP fails to break higher, continued ETF redemptions and weaker momentum could keep the token under pressure.
Story Ends Here
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The XRP Ledger has also implemented the fixCleanup3_2_0 amendment, which is another significant update in the network. The amendment received 85.71% validator consensus with 30 out of 35 trusted validators voting in favor of the amendment, with 5 validators opposing the proposal.
XRP Ledger Fix Amendment Is Live Now XRPScan data indicates that the amendment has now been activated, with XRPL version 3.2.0 as the minimum version needed to be compatible with the mainnet.
The update has an immediate impact on operators using software versions prior to that. XRPScan said, “The fixCleanup3_2_0 amendment is now active. With this, all nodes running version 3.1.0 and below are amendment blocked until they upgrade to 3.2.0. Please take action to ensure service continuity.”
The latest release is also very well received in the network data. There are currently 103 validators running version 3.2.0, that is 68.67% of all validators, and 543 nodes running version 3.2.0, 64.26% of all nodes. In comparison, version 3.1.3 is still used by 37 validators (24.67%) and 268 nodes (31.72%) meaning a lot of operators have already upgraded, and some are still upgrading.
fix amendment for the XRP Ledger just went live, now XRPL 3.2.0 is the new min version for main net.
the XRP Ledger just got better in a flip of the switch moment. pic.twitter.com/Vugr2Xq4PT
— Vet (@Vet_X0) July 29, 2026
The milestone was also noted by an XRPL dUNL validator Vet, who posted: “fix amendment for the XRP Ledger just went live, now XRPL 3.2.0 is the new min version for main net.” The validator added, “the XRP Ledger just got better in a flip of the switch moment.”
The alert comes after a previous warning issued by XRPL contributor Vet who wrote, “all nodes running XRPL versions below 3.2.0 will experience service interruptions.” Those nodes that have not been upgraded will not be able to continue to be compatible with the network following the amendment.
What Has Changed With The Update? It includes several bug fixes and enhancements to the infrastructure and developers. It also brings in the biggest protocol change in the release, XLS-0095. The XRP Ledger’s server software officially changes its name from rippled to xrpld as part of that change. The migration started on the 15th of June and changes to configuration paths, deployment scripts, metadata references and database directories for node operators.
The fixCleanup3_2_0 patch introduces correction of rounding and accuracy problems detected in the Single Asset Vaults and Lending Protocol on XRP Ledger. It also addresses some bugs in the Permissioned DEX and Permissioned Domains, which enhances the existing functionality without adding any new network features.
Aviva Investors spustila na XRP Ledger svůj první tokenizovaný fond ve spolupráci s Ripple. Jde o tokenizovanou třídu USD Liquidity Fund, schválenou i centrální bankou Irska.
U.K. asset manager Aviva Investors has announced the launch of its first tokenized fund in partnership with crypto firm Ripple. This follows the partnership that both firms struck earlier this year to advance tokenization on the XRP Ledger (XRPL)
Aviva Investors Tokenizes USD Fund On XRP Ledger In a press release, the asset manager announced the successful launch of a tokenized share class of its USD Liquidity Fund on the XRP Ledger. “This marks the first tokenisation of an Aviva Investors fund, and follows the announcement of the partnership between the firm and Ripple early in the year,” the release read.
As CoinGape reported, Ripple partnered with Aviva Investors earlier this year to advance tokenization on the XRP Ledger. This is notably Ripple’s first partnership with a European investment firm to tokenize real-world assets (RWA) at scale.
Aviva Investors revealed that crypto custodian Komainu and digital platform company Licuido both supported the launch of the tokenized share class. Meanwhile, the asset manager also received approval from the Central Bank of Ireland (CBI) for the launch of this tokenized fund.
Coincidentally, the launch of this tokenized fund comes as the Ripple-backed XRP Ledger fix amendment goes live. The network’s developers have continued to push upgrades in a bid to boost the network’s institutional adoption.
How The Fund Works Aviva Investors noted that the fund targets low-risk returns and daily liquidity by offering investors exposure to high-grade US dollar-denominated short-term debt instruments. The asset manager further mentioned that the new share class will be available to eligible investors with digital wallets.
Meanwhile, BNY Mellon, the fund’s custodian, will be responsible for holding the assets for these tokenized shares. “The structure has been designed to operate within existing regulatory frameworks, providing a scalable foundation for future innovation in fund distribution and market infrastructure,” the asset manager added.
The XRP Ledger continues to see increased activity in terms of tokenization. RWA.xyz data shows that the total tokenized value on the network currently stands at just over $4.3 billion. The RWA holders on the network are notably up over 17% in the last month.
For more on tokenization, please check out our page on Best Platforms to Trade Tokenized Stocks
Ethereum Foundation jmenovala bezpečnostního výzkumníka pcaversaccio do své rady na počáteční jednoleté dobrovolné období. Přichází po restrukturalizaci, která zrušila 54 míst a snížila rozpočet o zhruba 40 %.
29 July 2026 | 18:43 The Ethereum Foundation has added security researcher pcaversaccio, known across the ecosystem as "pc," to its board for an initial one-year voluntary term. He joins President Aya Miyaguchi, co-founder Vitalik Buterin and Swiss counsel Patrick Storchenegger.
Key Takeaways His SEAL 911 work gives the board direct experience of active hacks and exploits. The appointment follows a restructuring that cut 54 positions and reorganized the EF around five domains. The board sets values and oversees management; it does not decide protocol upgrades. The Ethereum Foundation has added security researcher pcaversaccio, known across the ecosystem as “pc,” to its board for an initial one-year voluntary term. He joins President Aya Miyaguchi, co-founder Vitalik Buterin and Swiss counsel Patrick Storchenegger.
The appointment lands just over a month after the largest internal reorganization in the Foundation’s history, which makes the choice of person worth reading closely. A smaller EF has put someone from the incident-response side of Ethereum inside the group that oversees its direction.
He Was Already Advising the Foundation Pc sits on the Silviculture Society, an unpaid advisory group that gives confidential guidance to EF leadership on censorship resistance, open-source development, privacy and security. He also contributed feedback to the EF Mandate, the document published in March defining the Foundation’s mission and decision-making principles.
Moving him from that channel onto the board formalizes a relationship that was already shaping how the organization describes its purpose.
What He Brings From Outside Governance Pc co-founded and helps lead SEAL 911, a free emergency response service connecting projects and users facing live security incidents with vetted researchers. Security Alliance reports more than 3,300 cases handled, over 125 emergency response rooms coordinated and more than $180 million in assets recovered.
That is a specific kind of experience: compromised keys, exploited contracts, stolen funds, and the coordination problem of responding while an attack is still running.
The clearest value he adds is calibration. Boards weighing privacy or censorship-resistance trade-offs usually do so in the abstract, months before any consequence lands on a user. Someone who has coordinated live incident response has watched which theoretical safeguards hold when a protocol is under attack and which collapse on contact. That is a different class of input from what a foundation board normally receives.
His writing covers the same ground from the other direction. The Ethereum Cypherpunk Manifesto argues that privacy, security and censorship resistance belong at Ethereum’s foundation rather than arriving as features bolted on after commercial adoption. Ethereum Privacy: The Road to Self-Sovereignty sets out a direction for stronger transaction privacy, encrypted mempools and resistance to blockchain surveillance.
Both are personal frameworks rather than adopted roadmaps, and together they indicate the perspective arriving at the board table: Ethereum should serve institutions and ordinary users while keeping the properties that stop any company, government or intermediary from controlling it.
The Foundation He Is Joining Is Smaller On June 23, the Foundation completed a months-long restructuring that removed 54 employees, roughly 20% of its workforce. The remaining work was organized into five domains covering the protocol, access, users, community and institutions, each with a narrower remit than before.
The financial reset ran deeper. As Coindoo examined in its analysis of Ethereum’s leaner Foundation model, the 2026 budget fell by roughly 40% as the EF moved toward endowment-style spending designed to preserve resources for decades.
The Foundation drew no explicit connection between the two events, though the protocol cluster’s mandate reads like a description of pc’s own writing: censorship resistance, open-source development, privacy and security as non-negotiable guarantees. The EF was explicit that the group exists for something other than making Ethereum more marketable or turning it into a financial rail run by intermediaries.
One of the five domains is dedicated to institutions, so this is a matter of sequencing rather than opposition. Commercial growth sits inside the structure; the appointment signals where the limits are drawn.
What a Board Seat Actually Controls The Foundation describes its board as a security council: it protects the organization’s values, sets long-term vision and checks that management decisions align with both. It can appoint or remove executive directors.
Its reach stops there. Ethereum’s upgrades are decided through client teams and the wider developer process, none of which the board directs. Daily strategy and operations belong to management.
The voluntary, one-year terms sit alongside that limited scope. Pc joins an oversight body instead of running an operational cluster, and the EF gets a defined review point, though it has said nothing about renewal.
So the appointment changes no budget line and no roadmap item on its own. Its effect shows up later, in how a smaller Foundation allocates what it has left: which security and privacy work gets funded, whether the institutional domain preserves permissionless access, and how firmly the board holds management to the Mandate when those pull against each other.
Why This Appointment, Now After a 20% workforce reduction and a 40% budget cut, an organizational chart only goes so far. What a Foundation in that position needs is a board willing to push back when efficiency, adoption or institutional pressure starts eroding the values it says it exists to protect.
Pcaversaccio arrives from the place those values get tested hardest: live attacks, real assets, users losing money in real time. Whether that changes anything depends on decisions the EF has yet to make.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Statements about the appointment’s likely effects are analytical conclusions rather than Foundation policy. Methodology: The analysis uses the Ethereum Foundation’s own announcements on its board, restructuring and mandate, Security Alliance’s published SEAL 911 figures, pcaversaccio’s public writing and Coindoo’s earlier coverage of the Foundation’s budget reset. Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Ethereum Institutional dokončila první kolo financování a získala podporu od více než 100 organizací a osobností z ekosystému. Peníze mají urychlit institucionální adopci Etherea.
Ethereum Institutional has announced the completion of its inaugural ecosystem funding round, securing support from more than 100 organizations and prominent industry figures to accelerate institutional adoption of Ethereum.
The fundraising effort is backed by BitMine, SharpLink, Ethereum co-founders Joe Lubin and Mihai Alisie, as well as a wider network of crypto-focused institutions and ecosystem participants. The organization did not reveal the size of the round.
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The initiative aims to convert years of institutional engagement into greater adoption of Ethereum-based financial infrastructure, with a focus on tokenized assets, stablecoins, collateral systems and onchain market infrastructure.
Its supporter coalition includes major names across the Ethereum ecosystem such as 21Shares, Anchorage Digital, Arbitrum, Circle, Consensys, Fireblocks, Galaxy, Ledger, MetaMask, Robinhood, Securitize, Uniswap Labs and zkSync, alongside dozens of other projects and contributors.
Ethereum Institutional said it will now expand outreach to traditional financial institutions, including banks, asset managers, custodians, market infrastructure providers and sovereign entities evaluating blockchain adoption.
The organization also plans to increase investment in institutional education, market intelligence, ecosystem promotion and collaborative initiatives involving layer 2 networks, application developers and infrastructure providers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum just posted 18.7 million transactions in a single week, the highest figure the network has ever recorded. At the same time, the median cost of a transaction fell to $0.008, an all-time low. For context, that’s less than a penny per transaction on the world’s largest smart contract platform.
What’s driving the surge The record-setting week didn’t come out of nowhere. Ethereum’s daily transaction peaks approached 2.9 million back in January 2026, and the network processed over 200 million transactions in Q1 2026 alone.
The fee collapse traces back to network upgrades activated in 2025. The Pectra and Fusaka upgrades were specifically designed to improve layer-1 scalability and reduce transaction costs.
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Stablecoin usage and staking participation have been identified as key drivers of the activity boom.
Token Terminal flagged the milestone figures, and Blockworks had previously reported comparable weekly highs of roughly 18.66 million transactions earlier in 2026. Multiple analytics platforms have confirmed the trend of elevated transaction volumes compared to previous years.
The price paradox Despite all this record-breaking activity, ETH has been trading below $2,400 as of April 2026.
Much of the economic activity happening on Ethereum isn’t directly benefiting ETH’s price. A significant portion of transactions are migrating to layer-2 solutions, which settle on Ethereum but don’t generate the same fee revenue for the base layer.
Stablecoins are among the most-used assets on the network, but their growth doesn’t automatically translate into demand for ETH itself. Users can transact heavily in USDC or USDT without ever needing to hold meaningful amounts of the native token.
The ultra-low fees compound this problem. When median transaction costs are less than a penny, the network burns very little ETH through its fee mechanism. Ethereum’s EIP-1559 burn mechanism, which was supposed to make ETH deflationary during periods of high usage, becomes far less potent when each transaction costs $0.008.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Cardano slaví 6 let od upgradu Shelley, který přinesl staking, stake pooly a decentralizovanou produkci bloků. Síť dnes uvádí 439 epoch, 9,25 milionu bloků a 190 milionů slotů.
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The Cardano community is marking 6 years since the historic Shelley upgrade that brought staking to the network.
Shelley is the successor to the Byron era, in which the Cardano mainnet was launched in September 2017 along with the ADA cryptocurrency. The Shelley era comprised the critical initial steps in Cardano's journey to optimize decentralization.
The Cardano community X account shared this milestone in a recent post, highlighting key statistics that define the network and the features introduced by the Shelley upgrade.
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"Byron hard forked into Shelley. Stake pools, decentralised block production and staking rewards became a thing. The chain hasn't stopped since," the Cardano community X account wrote.
6 years ago today:
439 epochs
9.25M blocks
190M slots
Byron hard forked into Shelley. Stake pools, decentralised block production and staking rewards became a thing.
The chain hasn't stopped since. https://t.co/VYnjq2c4pC
— Cardano Community (@Cardano) July 29, 2026 Cardano started as a federated network with just a few nodes. Early 2020 saw the Byron reboot pave the way for decentralization, with a new node implementation built from scratch within a modular design to support future upgrades.
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The Shelley upgrade in July 2020 then introduced stake pools and delegation. The Shelley development theme introduced a decentralized ledger, which created a new economic system.
In Q1 2021, the stake pool operator (SPO) community began producing 100% of new blocks. Currently, there are 2,882 pools with 21.56 billion ADA in live stake, according to data from Cexplorer.
Cardano eyes biggest scaling upgradeFast forward six years, and Cardano is eyeing its biggest scaling upgrade: Ouroboros Leios, which has launched on a public testnet named the Musashi Dojo.
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Ouroboros Leios runs through five phases named after chapters of Musashi's Book of Five Rings: Earth, Water, Fire, Wind, and Void, moving from basic protocol validation through adversarial testing to final mainnet preparation.
Input Output targets an initial five to twenty times increase in Cardano's base layer throughput capacity through Ouroboros Leios, with a mainnet hard fork planned for later in 2026.
The Van Rossem hard fork, which went live this July, lays the foundation for the Dijkstra era hard fork, which will introduce Ouroboros Leios to Cardano.
Ontology MainNet se chystá na upgrade v3.1.2 při bloku 20 800 000. Do Ontology EVM přidá čtyři Ethereum opkódy: PUSH0, BASEFEE, MCOPY a transient storage.
The next Ontology MainNet upgrade, to v3.1.2, is scheduled for block height 20,800,000. The release focuses on security optimisations and brings four widely adopted Ethereum Improvement Proposals to the Ontology EVM: PUSH0, BASEFEE, MCOPY, and transient storage. For builders, the practical result is smaller contracts, cheaper temporary state, and less friction when porting existing Ethereum code across. For node operators, it means one job: upgrade to v3.1.2 before block height 20,800,000 is reached.
Why opcode parity matters The Ethereum opcode set is not static. It has expanded steadily through successive network upgrades: BASEFEE arrived with London in August 2021, PUSH0 with Shanghai in April 2023, and both MCOPY and transient storage with Cancun-Deneb in March 2024 (Ethereum upgrade history).
Compiler defaults moved with them. Solidity now targets a recent EVM version by default, which means a team compiling a contract today with no special flags produces bytecode that assumes these instructions exist. An EVM chain that has not adopted them forces developers into a workaround: pin an older target EVM version, accept larger and more expensive bytecode, and maintain a separate build configuration for that chain alone.
That is a small tax, but it is paid on every deployment, and it accumulates. v3.1.2 removes it for the four instructions below.
What the Ontology MainNet upgrade includes PUSH0 (EIP-3855) PUSH0 places the value zero directly onto the stack. Before it existed, contracts pushed zero using PUSH1 0x00, which occupies two bytes of bytecode and costs 3 gas at runtime. PUSH0 occupies one byte and costs 2 gas.
The saving per instruction is small; the aggregate is not. The EIP notes that roughly 11.5 percent of all PUSH instructions executed on Ethereum MainNet push the value zero. Every one of those is a byte of contract size and a unit of gas, on a chain where deployment is charged per byte of code.
BASEFEE (EIP-3198) BASEFEE lets a contract read the current block’s base fee directly on-chain, at a cost of 2 gas. Previously a contract that needed to reason about network fee conditions had to be handed that value by an off-chain source, which introduces a trust assumption and a point of failure.
Reading it from the chain itself removes both. It is a prerequisite for gas-aware contract logic: dynamic bounties that scale with network conditions, fee-sensitive automation, and layer-2 constructions that need to verify fee data without relying on an oracle.
MCOPY (EIP-5656) MCOPY copies a region of memory in a single instruction, including where the source and destination regions overlap. Before it, copying memory meant a loop of loads and stores.
The efficiency gain is substantial. Copying 256 bytes cost at least 96 gas using the conventional approach; MCOPY does it for 27 gas. That matters most for the operations that move data around constantly: ABI encoding and decoding, string and byte-array handling, and cryptographic routines.
Transient storage, TSTORE and TLOAD (EIP-1153) Transient storage introduces a state area that behaves like storage but is discarded when the transaction ends. TSTORE writes to it and TLOAD reads from it, each at 100 gas.
The canonical use case is reentrancy protection. A reentrancy guard needs a flag that survives across calls within one transaction and is meaningless afterwards, which is exactly what transient storage provides. Implementing that with persistent storage means writing a value to disk-backed state and then clearing it again, with the gas refund mechanics that go with it. Transient storage makes the same pattern cheap and simple, and the same applies to any temporary state a transaction needs to carry: locks, accumulators, and intermediate values passed between calls.
What this changes for builders Contracts that already compile for Ethereum are closer to running unmodified on Ontology. Common libraries and tooling that assume these instructions no longer need chain-specific handling, and the bytecode a modern compiler emits is smaller than the bytecode it was previously forced to emit.
One practical note: v3.1.2 adds these four instructions specifically, not the complete opcode set of any single Ethereum upgrade. Set your target EVM version explicitly in your build configuration rather than relying on the compiler default, and test deployments against the upgraded network before committing to production.
Node operators: what you need to do Every Ontology MainNet upgrade depends on the node network moving with it. All Ontology node operators, including consensus nodes, candidate nodes, and sync nodes, should complete the upgrade to v3.1.2 as soon as possible, and before block height 20,800,000 is reached.
The release is available on GitHub: ontology v3.1.2.
Timely upgrades across the node network keep MainNet operating stably through the transition and ensure compatibility with the improvements above. Nodes that have not upgraded by the time the block height is reached will fall out of consensus with the rest of the network.
The infrastructure underneath Ontology’s strategy is built on verified human data: identity people own, data given with consent, and a record that holds up to scrutiny. That strategy asks people to contribute data and asks projects to verify it, which means it depends on a network where transactions are fast, inexpensive, and predictable enough that contributing is not a cost decision.
That is what a release like v3.1.2 is for. It is not the headline; it is the reason the headline is possible. Keeping the Ontology EVM current with the standards the rest of the ecosystem builds against is how the trust layer stays usable at scale.
The wider strategy is set out in full here: Verified Human Data: Ontology’s AI-Era Vision at Eight.
Resources Release binaries and notes: github.com/ontio/ontology/releases/tag/v3.1.2 EIP-3855, PUSH0: eips.ethereum.org/EIPS/eip-3855 EIP-3198, BASEFEE: eips.ethereum.org/EIPS/eip-3198 EIP-5656, MCOPY: eips.ethereum.org/EIPS/eip-5656 EIP-1153, transient storage: eips.ethereum.org/EIPS/eip-1153 Ethereum upgrade history: ethereum.org/en/history Thank you to all node operators and community members for your continued support of the Ontology ecosystem.
TRX is now available for both spot trading and perpetual contracts on Backpack Exchange, the Dubai-registered trading platform built by former FTX and Alameda Research employees. TRON DAO made the announcement on July 29, marking another expansion milestone for a blockchain network that has quietly become one of crypto’s most heavily used rails.
The token was trading between $0.32 and $0.33 at the time of the listing.
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Backpack’s post-FTX playbook Backpack Exchange was founded by people who had front-row seats to one of the industry’s most spectacular implosions. The platform is registered in Dubai, emphasizes regulatory compliance, and has been rolling out state-by-state access for eligible jurisdictions.
The exchange launched its native BP token back in March 2026, with a total supply of 1 billion tokens. Of that, 25% was allocated for initial distribution through an airdrop.
TRON’s quiet dominance problem The network reports hundreds of millions of accounts and processes billions in daily transfer volume.
The bulk of that activity comes from stablecoin transfers, particularly USDT. Tether’s decision years ago to make TRON a primary settlement layer turned the network into crypto’s unofficial remittance highway.
Justin Sun founded the network in 2017, and its mainnet went live in 2018.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Stellar má na síti tokenizovaná RWA v hodnotě 3,06 miliardy USD ve 70 produktech, ale 30denní objem převodů klesl o 50,57 % na 386,11 milionu USD. Aktivita tak zůstává hlavně u stablecoinů.
@StellarOrg is accumulating tokenized real-world assets at pace, but the trading activity those assets generate is heading in the opposite direction.
The network now carries $3.06 billion in tokenized RWAs spread across 70 products, a gain of 5.88% over the past month, according to data from @RWA_xyz. Yet RWA transfer volume over the same 30-day period fell 50.57% to $386.11 million. The assets are on-chain. They are just not moving.
Stablecoins carry the loadThe velocity story on Stellar belongs to stablecoins, not RWAs. Stellar's stablecoin market cap expanded 38.30% over the month and generated $6.45 billion in 30-day transfer volume, roughly 17 times the RWA figure, off a fraction of the total float. That gap underscores a familiar tension in the tokenization space: issuance numbers grow steadily, but secondary market activity, the measure that signals real utility, has yet to follow.
The concentration of Stellar's RWA base is also worth noting. @Spiko_finance alone accounts for $1.3 billion of the $3.06 billion total. Stellar's RWA market cap had already surged 91% quarter-on-quarter to $1.52 billion at the end of Q1 2026, driven largely by growth in government treasury assets including Spiko's EUTBL, USTBL, and UKTBL products, according to Messari. That momentum has continued, but it is concentrated in a narrow set of issuers.
Where Stellar sits in the broader RWA market Ethereum leads the overall RWA tokenization market with roughly 56% of total value, while Stellar holds second place at around 13%, ahead of Polygon, Solana, and Avalanche. In 2026, Stellar's role has expanded beyond payments, with the network now serving as a key venue for tokenizing currencies and bonds, supported by built-in token features and a growing set of fintech partnerships.
The stablecoin outperformance suggests Stellar's payment rails are functioning well. The question for the network's RWA ambitions is whether that transaction activity can eventually spill over into the tokenized asset side, or whether the two remain on separate tracks.
Sources:
Messari: State of Stellar Q1 2026
Lumexo: Top 5 Blockchains Tokenizing Real-World Assets in 2026
LumenQuery: How the Stellar Foundation Is Driving RWA Adoption On-Chain
BNY zavádí blockchain do správy fondů a přesouvá záznamy o vlastnictví tokenizovaných fondů on-chain, přičemž tradiční systémy ponechá v provozu. Prvním klientem bude Baillie Gifford.
BNY is adding blockchain technology to its transfer agency business as the bank expands digital asset services beyond custody and stablecoin support.
BNY Moves Fund Records to Blockchain BNY is launching a digital transfer agency platform to process fund transactions and maintain shareholder records on-chain. The system will create a shared ownership ledger for tokenized funds while the bank keeps its traditional transfer agency in place.
The bank safeguards more than $59 trillion in client assets and services about $8.6 trillion through its transfer agency business. The new platform aims to reduce repeated checks between intermediaries that support fund administration.
BNY Chief Product and Innovation Officer Carolyn Weinberg said the bank is modernizing a function behind fund transactions by bringing the “books and records onchain.” The platform will give asset managers a digital record of ownership for tokenized products.
The bank expects traditional systems to remain active for years. BNY Global Head of Asset Servicing Emily Portney said “trillions and trillions of dollars” in funds will continue using existing rails.
Tokenized Fund Rollout Starts With Major Clients Baillie Gifford will become the first client to use the platform for a fully native U.K.-regulated tokenized fund. BNY’s Dreyfus division and BlackRock are also expected to use the same infrastructure for planned tokenized products.
The platform places BNY inside the growing market for tokenized funds. These products can hold traditional assets, while investor ownership is recorded through blockchain-based tokens.
BNY is also preparing tokenized U.S. Treasuries and pilot transactions on its private blockchain before the end of 2026. A client letter said the bank already executed after-hours Treasury transactions with stablecoin issuers earlier this year.
The bank expects blockchain records to support faster settlement and round-the-clock market operations. Shared records can also reduce manual reconciliation between banks, fund managers, custodians, and other service providers.
BNY Builds on BTC ETH and USDC Services BNY has been expanding digital asset services for several years. The bank created its Digital Assets unit in February 2021 to support multi-asset custody and related infrastructure.
The bank launched Bitcoin and Ethereum custody services in October 2022. That made BNY one of the first large custodian banks to support custody for both assets.
BNY also expanded its work with Circle in June 2026 to support minting and burning for USDC. The move connected the bank more closely with stablecoin settlement and reserve operations.
In May, BNY announced a strategic collaboration with Finstreet Limited and ADI Foundation to offer crypto custody in the Abu Dhabi Global Market. The agreement added another regulated market to BNY’s digital asset push.
BNY’s blockchain transfer agency platform extends that strategy into fund administration. The bank is not replacing its older systems but adding new rails for tokenized funds and blockchain-based ownership records.
If you want global financial firms to protect assets and meet rules, institutional crypto custody solutions are essential.
29 July 2026 | 12:12 Zcash fell through the support cluster at $470 and $472 little after activating Ironwood, the network's most consequential upgrade in years, trading near $461 at the time of writing
Key Takeaways Ironwood closes a supply-verification gap. Spot and futures flows remain negative. The nearest support sits at $450. Losing $450 would expose $419. The Flaw Ironwood Was Built to Close Developers found a soundness flaw in the zero-knowledge circuit behind Orchard, Zcash’s shielded pool. In theory it allowed counterfeit ZEC to be created without detection. The patch shipped in June, and no evidence of exploitation surfaced.
Proving that turned out to be the harder problem. Orchard’s privacy guarantees, the reason the pool exists, also made its recorded supply impossible for users to audit independently. A shielded pool that nobody can inspect cannot demonstrate that nobody exploited it.
Ironwood answers that by introducing a new shielded pool and version 6 transactions while closing Orchard to new deposits. Funds leaving the old pool pass through a turnstile that caps outflows at the total that previously went in. As balances migrate, the supply becomes verifiable.
This is real engineering work on a real problem. It creates no reason for anyone to buy the token today.
The Market Had Already Moved On ZEC climbed towards $560 earlier in July, then began printing lower highs and lower lows. By activation day on July 28 the token was trading inside a falling channel and approaching the $470 cluster from above.
Daily Zcash/USD technical chart with Fibonacci retracement levels and indicators. That sequence could be the whole explanation. Ironwood was announced, documented and discussed for weeks, giving anyone who wanted exposure ample time to take it. Traders holding into the event had their catalyst; those arriving afterwards found a chart that had already turned.
Price action cannot identify individual sellers or their motives. What it establishes is that a successful upgrade landed without generating enough demand to interrupt a decline already underway.
Flow Data Points the Same Way Coinglass recorded net negative spot flows across every window on its dashboard. The 12-hour balance showed $10.2 million in and $12.81 million out, for a net of minus $2.6 million. Eight hours ran to minus $1.65 million, four hours to minus $935,000, and the most recent hour to minus $329,000 on $1.18 million in against $1.5 million out.
Futures told a similar story at the longer horizons: $148.5 million in against $155.6 million out over 12 hours, a net of minus $7.1 million, with eight hours at minus $2.98 million. The shorter windows flipped positive, adding $418,000 over four hours and $213,000 over one.
Those late positive readings show derivatives traders returning around current prices. Their direction is unknowable from flow balances alone, and their size leaves the 12-hour imbalance untouched.
One caveat applies throughout. These are Coinglass flow balances, and the dashboard does not define whether each movement represents an exchange transfer, a completed trade or another accounting category. They indicate direction, not executed buying and selling.
Where the Levels Sit Now The 0.382 Fibonacci retracement near $470 and the 50-day moving average at $472 sat close enough together to function as a single support zone. ZEC now trades beneath both, which converts the area into resistance: traders who bought there may sell a rebound to exit nearer break-even, while others treat it as a fresh entry for shorts.
Today’s high of $470 stopped just next to the Fibonacci level. A daily close above $472 would reclaim both, and the 100-day average at $484 sits immediately beyond, making three technical hurdles inside $14.
Below, $450 is the first support, an area that absorbed trading recently and sits near the falling channel’s lower boundary. A close beneath it opens the 0.236 retracement around $420, which shaped price through the May and June swings.
Verified Scarcity Still Needs a Buyer Ironwood arrived weeks after more than 80% of all ZEC entered circulation. As covered in our analysis of Zcash’s 80% supply milestone, future issuance now represents a shrinking share of maximum supply, which steadily reduces dilution from mining.
The two developments reinforce each other. Less new issuance tightens the supply picture, and Ironwood lets the market confirm that migration from Orchard adds nothing beyond what the turnstile permits.
Scarcity works on the supply side of the equation. The demand side is what the flow data measures, and it has yet to respond. Zcash spent this month fixing what it could control and discovering that the market was looking elsewhere.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Network upgrades, technical indicators and flow data do not guarantee future price performance. Methodology: The analysis uses the ZEC/USD daily chart dated July 29, 2026, Fibonacci retracements, moving averages, RSI and Coinglass Spot Flows and Futures Flows dashboards. Because the dashboards do not define the accounting methodology behind each flow category, the figures are presented as directional net-flow balances rather than direct evidence of buying, selling or exchange inventory changes. Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
About $80 million ZEC crosses into Zcash's new 'Ironwood' pool in the first day (xing419/Pixabay)Summary
About 176,000 ZEC, or roughly $81 million, has moved into Zcash’s new Ironwood shielded pool in the first day after the upgrade, representing about 5 percent of the Orchard pool’s balance at activation.Orchard, which can no longer accept deposits, is steadily shrinking as coins exit through a turnstile mechanism that limits total withdrawals to the amount verifiably deposited.Migration to Ironwood is voluntary, leaving most of Zcash’s shielded supply temporarily stranded in a now-closed Orchard pool while holders, wallets and exchanges move funds at their own pace.About 176,000 ZEC, worth roughly $81 million, had migrated into Zcash’s new Ironwood shielded pool by Wednesday, a day after the upgrade activated and sealed the pool where a counterfeiting flaw had gone undetected for four years.
That is roughly 5% of the 3.66 million ZEC held in Orchard at activation. Orchard's balance has since fallen to about 3.51 million, with around 46,000 ZEC crossing over in the past 24 hours, according to the Ironwood migration tracker.
Zcash holds funds in separate compartments called pools, each one a generation of the network's privacy technology. The transparent pool works like bitcoin, with every balance and transaction visible on the chain, and holds about 12.5 million ZEC.
The shielded pools hide amounts and participants. Sapling, introduced in 2018, holds about 582,000 ZEC, and Orchard, which arrived in 2022 and was the newest until this week, held about 3.5 million. Each time the network upgrades its privacy cryptography, it opens a new pool rather than rebuilding the old one, leaving holders to move their coins across themselves.
Orchard can no longer take deposits. Every coin still inside has to leave through the turnstile, the accounting rule that caps total withdrawals at the amount verifiably deposited, so the pool's balance can now only fall.
Migration is voluntary, so the timeline depends on how quickly holders, wallets, and exchanges move funds. For now, the bulk of Zcash's private supply sits in a pool that has been closed to new money since Tuesday.
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Anvil: The Missing Collateral Layer
Anvil: The Missing Collateral Layer
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
4 hours ago
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Why it matters:
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Jupiter spustil Spot V2 jako plnohodnotný obchodní terminál na Solaně s analytikou v reálném čase, chytrými příkazy a levnějším exekučním enginem. Současně oznámil získání většinových podílů v Moonshot a Sonarwatch; JUP po zprávě vzrostl asi o 8 %.
Jupiter just shipped what it’s calling a “100% reinvented” trading platform, and for once the marketing language might not be entirely hyperbolic. Spot V2 transforms the leading Solana DEX aggregator from a simple swap router into a full-featured trading terminal, complete with real-time analytics, smart order types, and an execution engine that claims to cut trading costs by a factor of ten.
For a protocol that already handles over 50% of all DEX volume on Solana, that’s less of an upgrade and more of a moat-widening exercise.
What’s actually in the box The centerpiece of Spot V2 is something Jupiter calls Ultra Mode. The pitch: automatic optimizations that make trading roughly 10x cheaper than standard execution. Think of it like a smart router on steroids, one that doesn’t just find the best price across liquidity pools but actively minimizes the total cost of getting your trade done, including gas and slippage.
Speaking of slippage, the platform now offers real-time slippage estimation. Instead of guessing how much you’ll lose between clicking “swap” and the transaction confirming, Spot V2 shows you a live estimate before you commit.
Smart trigger orders are another addition worth noting. These let traders set conditional trades that execute automatically when specific on-chain conditions are met.
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Then there’s organic scoring for tokens. Rather than relying purely on market cap or volume rankings, which are trivially easy to manipulate, Jupiter is introducing a scoring system designed to surface tokens based on more authentic activity signals.
The perpetual contracts side got attention too, with limit orders and one-transaction trading now available. Previously, opening a perp position on Jupiter required multiple transaction confirmations. Collapsing that into a single click removes friction that competitive platforms had already eliminated.
Strategic acquisitions sweeten the deal The Spot V2 launch didn’t happen in isolation. Jupiter simultaneously announced it had acquired majority stakes in two projects: Moonshot and Sonarwatch.
Moonshot is a platform focused on token launches, giving Jupiter a direct pipeline into new token distribution on Solana. Sonarwatch, meanwhile, specializes in portfolio tracking and analytics.
The market seemed to approve. Following the combined announcements, the JUP token climbed approximately 8%.
Context: Jupiter’s grip on Solana DeFi To understand why Spot V2 matters, you need to appreciate just how dominant Jupiter already is. Routing more than half of all decentralized exchange volume on Solana isn’t just market leadership. It’s near-monopoly territory.
What this means for investors For JUP holders, the calculus is relatively straightforward. Jupiter is transitioning from an aggregator, essentially middleware, into a full-stack trading platform.
Spot V2 launched in beta with a phased rollout planned for its features. Building a comprehensive trading terminal is genuinely hard, and Jupiter is attempting to match centralized exchange experience while maintaining the decentralization properties that make DeFi attractive in the first place.
The acquisitions add another dimension of risk and opportunity. Integrating Moonshot and Sonarwatch successfully could create meaningful synergies, giving Jupiter proprietary data advantages and first-mover access to new token launches.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Morgan Stanley Investment Management spustila Solana Trust ($MSOL) s poplatkem 0,14 %, nejnižším mezi americkými Solana ETF. První den zobchodoval asi 19 milionů USD.
Morgan Stanley Investment Management, the asset management arm of the eponymous financial services giant, entered the Solana Spot ETF race yesterday, July 28, with the launch of the Morgan Stanley Solana Trust ($MSOL) on NYSE Arca. The firm also launched the Morgan Stanley Ethereum Trust ($MSSE) on the same day.
The fund charges a 0.14% expense ratio, making it the lowest-cost Solana ETF in the U.S. market.
The launch also expands Morgan Stanley Investment Management's ETF and ETP platform, which now includes 22 products with more than $14 billion in assets under management. The firm's digital asset lineup now covers $BTC, $ETH, and $SOL after launching the Morgan Stanley Bitcoin Trust earlier this year.
$MSOL’s Strong First Day Trading $MSOL recorded roughly $19 million in trading volume during its first day, with 951,216 shares changing hands.
Like its competitors, the ETF integrates staking from launch. Morgan Stanley intends to stake up to 100% of the fund's $SOL holdings, although that allocation may vary. Investors will receive an anticipated 95% of staking rewards, while Morgan Stanley will not retain any share of those rewards. Institutional staking provider Figment will supply staking services for the new fund.
Bloomberg Senior ETF Analyst Eric Balchunas described the launch as one of the most significant developments for spot ether and Solana ETFs since the initial wave of crypto ETFs.
He noted that Morgan Stanley's 16,000 financial advisors oversee roughly $7 trillion in client assets, giving the firm's products access to one of the largest wealth management networks in the world. Balchunas also pointed out that the firm's 0.14% fee immediately made both $MSOL and $MSSE the cheapest funds in their respective categories, while highlighting that Morgan Stanley plans to pass 100% of staking rewards back to ETF investors.
"Digital assets are becoming an increasingly important component of diversified investment portfolios. As client interest in digital assets continues to grow, we’re focused on providing a range of digital asset solutions that allow investors to diversify their portfolios across traditional and decentralized asset classes while also adhering to Morgan Stanley’s standards for governance, infrastructure and risk management." - Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley
Competition Intensifies on Fees Morgan Stanley's aggressive pricing arrived as competition among Solana ETF issuers continues to increase.
On July 27, 21Shares announced a 12-month sponsor fee waiver for its Solana ETF (TSOL). Beginning July 28, the fund reduced its fee from 0.21% to 0.00%, temporarily making it the lowest-cost Solana ETF in the United States until July 28, 2027.
The U.S. Spot Solana ETFs are sorted by their fees in the table below:
Mixed Signals Across the Solana ETF Market Bitwise CEO Hunter Horsley also highlighted another milestone yesterday, announcing that one of the world's largest wealth management firms had made the Bitwise Solana Staking ETF available to its advisors and clients. He described the move as another sign that Solana continues to move further into mainstream finance.
Despite that announcement and Morgan Stanley's debut, U.S. spot Solana ETFs collectively recorded $18.07 million in net outflows on July 28. All outflows came from Bitwise's $BSOL, marking the largest single-day outflow from U.S. spot Solana ETFs in 8 months. The last time a larger outflow occurred was on December 3, 2025, when investors withdrew $32.19 million.
Unless U.S Spot Solana ETFs see some humongous inflows before the end of the week, July would mark a second consecutive month with net outflows since the $786,580 netted in June.
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