Track market-moving stories before they get noisy

Alchemy Pay has expanded its On Ramp service—which enables users to purchase cryptocurrencies with fiat—to Bangladesh. The company has integrated the country’s four largest mobile financial services platforms, paving the way for users to buy crypto assets directly using local digital payment methods.

Leading local payment platforms join Alchemy PayThe new integration enables payments through bKash, Nagad, Rocket, and Upay. Widely used for everyday transactions, these platforms allow users in Bangladesh to access digital assets without the need for international payment methods or traditional bank transfers.

Alchemy Pay emphasized that the move is designed to lower barriers in the payment process and make crypto services more accessible by leveraging local wallets that are already familiar to Bangladeshi users.

Rather than changing local payment habits, the company underlined that its expansion in Bangladesh connects established and trusted mobile wallet infrastructures with crypto purchasing options.

Within Bangladesh’s digital payments ecosystem, bKash stands out with over 50 million registered users. Nagad is one of the fastest-growing platforms, Rocket offers bank-backed mobile finance services, and Upay has significantly extended its coverage in both urban and semi-urban areas.

PlatformKey featurebKashOver 50 million registered usersNagadRapidly growing payment platformRocketBank-backed mobile finance serviceUpayExpanding network in urban and semi-urban areasPart of a broader South Asia expansion strategyThis move furthers Alchemy Pay’s reach in South Asia, enabling direct connections to Bangladesh’s dominant mobile payment networks on behalf of cryptocurrency exchanges, wallets, decentralized applications, and Web3 platforms operating in the region.

Positioned as a payment bridge between fiat currencies and crypto, Alchemy Pay focuses especially on markets with limited access to traditional banking or high adoption of mobile wallets.

Mini glossary: “On Ramp” refers to a payment gateway infrastructure that allows users to buy crypto assets with their local currency. “Web3 platforms” are internet services operating on blockchain technology, supporting wallet connections and digital asset transactions.

Strengthening focus on emerging marketsThe company stated that its move into Bangladesh aligns closely with its growth strategy focused on emerging markets. Previously, Alchemy Pay expanded local payment coverage in Indonesia, Thailand, Malaysia, Brazil, Mexico, Argentina, and the Philippines.

According to the company, Bangladesh’s strong mobile money adoption provides ready-made infrastructure for firms that offer crypto acquisition services, making it easy for users to join the system through familiar payment habits.

Bangladesh is considered one of the most robust mobile money markets in South Asia. Digital wallets are widely used for remittances, bill payments, and retail transactions throughout the country. This structure gives an edge to platforms aiming to reach those with limited access to conventional banking services.

Recently, Alchemy Pay has obtained various regulatory approvals and registrations in jurisdictions including the US, Canada, Indonesia, South Korea, Lithuania, and Hong Kong. The company also acts as an authorized service provider for Visa and participates in the Mastercard Crypto Partner Program.

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.

Blockchain Comes to American Product CertificationU.S. supply chain firm Made In USA Inc. has selected the $XRP Ledger as the foundation for a new product verification and certification platform, marking one of the more concrete enterprise applications to emerge on the network in recent months.

The company disclosed the transaction in a Form 8-K filing dated June 26, 2026, stating that it acquired the technology assets from its affiliate, Made in USA One LLC, in exchange for 5 million restricted shares of common stock. The transferred assets include blockchain infrastructure, artificial intelligence-based verification technology, intellectual property, digital authentication tools, proprietary domains, and supply chain software that will form the foundation of the new platform.

By combining artificial intelligence with XRPL's blockchain infrastructure, the platform will create tamper-resistant digital records that verify the origin and authenticity of American-made products, offering greater trust for manufacturers, retailers, regulators, and consumers.

Hybrid Architecture Balances Privacy and TransparencyA key feature of the platform is its hybrid blockchain architecture, which combines both public and private XRP Ledger networks. Sensitive commercial information will remain on private XRPL infrastructure, while cryptographic proof of product authenticity will be anchored to the public XRP Ledger. This approach is intended to preserve enterprise privacy while enabling independent verification of product records through a public blockchain.

The initiative reflects a broader trend in which blockchain networks are increasingly being deployed for enterprise applications extending beyond digital payments. Businesses are adopting distributed ledger technology for supply chain management, digital identity, asset tokenization, and product authentication as demand grows for transparent and secure record-keeping systems.

The acquisition also highlights the expanding role of the XRP Ledger within enterprise infrastructure. Recent industry developments have demonstrated growing adoption of XRPL for business-focused applications, including artificial intelligence integrations, digital identity solutions, tokenized assets, and commercial supply chain management.

Sources
Coinpaper: Made in USA Inc. Acquires XRP Ledger Tech Stack for Supply Chain
CoinTrust: Made in USA Inc. Expands XRPL Supply Chain Platform

Key Takeaways XRP declined 4.32% to approximately $1.07 on July 8 following Trump’s announcement ending the US-Iran ceasefire The geopolitical escalation sparked over $400 million in cryptocurrency liquidations across the market XRP experienced $8.61 million in long position liquidations — the largest since June 25 XRP spot ETFs registered no capital inflows on both July 6 and July 7 Critical support zone exists at $1.00–$1.05; breaking below could send XRP down to $0.90 XRP experienced a significant downturn on July 8 after President Donald Trump announced the termination of the ceasefire agreement between the United States and Iran. During remarks at the NATO Summit in Ankara, Trump referred to Iranian leadership as “scum” and stated his unwillingness to continue diplomatic negotiations.

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The United States had conducted strikes against 80 Iranian targets on July 7, in retaliation for Iranian assaults on commercial vessels navigating the Strait of Hormuz. Trump simultaneously reinstated oil sanctions against Iran, which had been suspended when a 60-day ceasefire was established on June 17.

Oil markets responded with prices rebounding to the June 24 peak of $74 per barrel. Cryptocurrency markets moved inversely as investors liquidated risk-sensitive assets.

XRP descended 4.32% during the trading session, hovering around $1.07 at press time. The selloff resulted in $8.61 million worth of long position liquidations in XRP — marking the highest liquidation volume since June 25. The broader cryptocurrency ecosystem witnessed more than $400 million in total liquidations.

XRP Price Crypto analyst ChartNerd (@ChartNerdTA) highlighted that $XRP has developed a hidden bearish divergence pattern on the daily chart, cautioning that XRP must recapture the $1.15 level promptly or face a probable retreat toward $1.00. This forecast has proven accurate thus far.

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Technical Indicators Signal Bearish Momentum XRP has dropped beneath its 20-day exponential moving average of $1.11, indicating bearish short-term momentum. The Awesome Oscillator has shifted to red bars, confirming that sellers currently dominate market sentiment.

Immediate support is located at the June 30 low of $1.03. Below that threshold lies the psychologically important $1.00 mark. For bulls to regain control, XRP would need to close above $1.11 for three straight days. Such a move could potentially enable a recovery toward the July 4 peak of $1.18.

As of early July 9, XRP is changing hands around $1.09, consolidating within a narrow trading band. Declining peaks at $1.1133, $1.0993, and $1.0932 demonstrate that sellers continue to suppress upward momentum.

Institutional Interest Remains Subdued Ripple secured regulatory approval in Luxembourg on July 5, achieving full compliance with Europe’s MiCA framework. However, this regulatory milestone has failed to stimulate institutional interest.

Spot XRP ETFs recorded zero net inflows on both July 6 and July 7. CME XRP futures activity totaled merely 635 contracts on July 7 — representing the weakest trading volume since June 12.

Source: SoSoValue The XRPBTC trading pair is also testing support around 1,700 satoshis, indicating persistent underperformance relative to Bitcoin.

Key Highlights Ethereum has rallied approximately 10% throughout July, yet underlying demand signals remain subdued Binance holdings expanded by 221,000 ETH from late June onward, adding to tradable inventory Large holder transaction volumes have fallen to “Whale Left” territory according to CryptoQuant metrics Spot Ethereum ETFs in the United States recorded consecutive inflows over four sessions, accumulating $91.5 million A decisive move above $1,803 resistance (the 50-day EMA) is necessary for ETH to target $2,400 Ethereum has managed to climb roughly 10% since July began, yet the upward momentum appears increasingly precarious. Evidence from various market indicators suggests buyer participation exists but lacks conviction.

Ethereum (ETH) Price The Net Unrealized Profit/Loss (NUPL) indicator has improved from -0.46 to -0.30, signaling that while holders remain underwater on their positions, losses have contracted somewhat compared to previous levels.

Spot Ethereum exchange-traded funds in the United States experienced their first streak of positive net flows since early May, recording four straight days of capital entry. SoSoValue data confirms these combined inflows reached $91.5 million.

While encouraging on the surface, historical patterns indicate sustained ETF capital influx over extended periods is required to catalyze significant price appreciation. Current activity falls short of that threshold.

Crypto analyst Ash Crypto noted on X that ETH has retreated 6% from recent peaks following rejection at the 50-day moving average. He highlighted critical support zones at $1,670 and $1,500, emphasizing that reclaiming the MA 50 and breaking through $1,850 are essential steps toward reaching $2,400.

$ETH down 6% from recent high after rejection from resistance and the daily MA 50.

Next Supports:
– $1,670
– Strong support at $1,500

ETH needs to jump back above the MA 50 and $1,850 for further bullish momentum toward $2,400. pic.twitter.com/eCWlrcEBhO

— Ash Crypto (@AshCrypto) July 8, 2026

Large Holder Activity Contracts Data from CryptoQuant reveals that average whale transaction size declined from approximately 1,500 ETH per trade in mid-May to roughly 1,000 ETH currently, entering territory the analytics platform designates as “Whale Left.”

This retreat by institutional and high-net-worth participants reduces the volume of substantial orders flowing through markets. The resulting environment leaves pricing more vulnerable to smaller transactions, potentially amplifying near-term price swings.

Addresses containing between 10,000 and 100,000 ETH did absorb approximately 100,000 ETH during the previous week. However, total balances in this cohort have remained essentially unchanged across the past three weeks, indicating accumulation has not intensified.

Growing Supply on Trading Platforms Binance’s Ethereum reserves expanded from 3.64 million ETH to 3.87 million ETH since late June concluded—a notable addition of 221,000 ETH representing one of the more substantial reserve buildups observed in recent months.

Source: CryptoQuant Expanding exchange inventories signal greater availability of ETH for immediate market transactions. While this doesn’t guarantee imminent selling, it introduces additional supply-side pressure into a market already demonstrating fragility.

The Coinbase Premium Index, which measures sentiment among United States-based traders, has recovered from -0.169 to -0.076. Despite improvement, the negative reading indicates American buyers continue transacting at discounts relative to international markets.

ETH currently trades in the $1,740 to $1,777 range, maintaining position above the 20-day EMA situated at $1,714. Open interest in derivatives markets has remained stagnant, suggesting leveraged participants are adopting a wait-and-see approach.

A crypto user has lost nearly $1 million after approving a malicious Ethereum transaction that gave scammers access to drain almost the entire wallet balance, adding to hundreds of millions of dollars in phishing losses recorded this year.

Summary

A crypto user lost nearly $1 million after approving a malicious Ethereum transaction that allowed scammers to drain the wallet. Phishing scams caused $723 million in losses across 248 incidents in 2025 as approval based attacks continued targeting crypto users. The latest theft follows another multimillion dollar onchain loss, highlighting separate risks from phishing approvals and flawed transaction routing. According to blockchain security platform Scam Sniffer, the victim lost 999,999 Tether (USDT) in an Ethereum phishing token approval scam on Wednesday after signing a malicious approval request.

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) July 9, 2026 On-chain data showed the attackers first attempted to withdraw a rounded $1 million through multicall transactions, but the transfer failed because the wallet held slightly less than that amount.

Seconds later, the attackers adjusted their script and successfully withdrew the wallet’s exact remaining balance.

“The script recalculated and pulled the exact remaining balance,” Scam Sniffer said.

Phishing approvals continue draining crypto wallets Security researchers say approval phishing remains one of the most common social engineering attacks in crypto because users unknowingly grant unlimited spending permissions while believing they are approving a harmless transaction.

According to blockchain security firm CertiK, phishing scams caused $723 million in losses across 248 incidents during 2025. In these attacks, victims are typically tricked into signing malicious token approvals, allowing attackers to move funds from their wallets without requiring another signature.

The latest incident follows another major wallet compromise reported earlier this month. In that case, a crypto holder lost about $1.65 million after connecting to a fake exchange and signing a malicious smart contract.

“The approval gave attackers unlimited access, enabling an automated sweeper to drain funds,” researcher Ryan Coleman said on Friday.

A wallet holder lost $1.65M after connecting to a fake exchange and signing a malicious contract. The approval gave attackers unlimited access, enabling an automated sweeper to drain funds. Always verify contracts and revoke unused token approvals. pic.twitter.com/MbwJx2CHSe

— Ryan C. Coleman (@RyanColeXBT) July 3, 2026 The latest phishing loss comes only days after another high-profile onchain incident highlighted a different risk facing crypto users. Earlier this week, a trader lost nearly $2 million after a decentralized exchange routed an Ether swap through a low-liquidity pool, allowing a same-block arbitrage trade to extract most of the transaction’s value. 

According to GoPlus Security, the loss was caused by transaction routing rather than phishing, prompting researchers to urge users to review execution paths carefully before confirming onchain transactions.

Scam Sniffer advised users to carefully review every signature request, avoid rushing approvals and use scam detection tools or browser extensions before signing wallet transactions.

If you’ve ever placed a bet on a prediction market and then spent the next two hours refreshing your browser waiting for it to settle, Chainlink just built the fix. The oracle network’s latest infrastructure upgrades, Chainlink Data Streams and the Chainlink Runtime Environment (CRE), compress resolution times for many prediction markets from 1-2 hours down to under five minutes.

For a market category that’s grown from $1.2 billion in monthly volume in early 2025 to over $20 billion by January 2026, that speed difference matters a lot.

How it works and who’s using it Chainlink’s Data Streams provide timestamped, verifiable price feeds that smart contracts can read automatically. The CRE layer handles the automation logic, essentially acting as the trigger that says “conditions met, pay out.” Together, they eliminate the need for extended dispute windows on deterministic outcomes like short-term cryptocurrency price movements.

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Polymarket, the largest prediction market platform by volume, is the most prominent adopter. The platform has integrated Chainlink’s technology for its 5-minute and 15-minute crypto markets, and those markets have collectively processed over $7 billion in trading volume.

But Polymarket isn’t alone. Myriad integrated Chainlink in May 2026 to power real-time markets, while the Solana-based World project launched in July 2026 using Chainlink’s oracle stack for FIFA and crypto markets.

Why slow settlements were a bigger problem than most realized When capital is locked during a dispute period, traders can’t redeploy it. Long settlement windows also create attack surfaces. With 840,000 unique wallets participating monthly in prediction markets as of the latest figures, the scale of potential exposure was growing faster than the infrastructure could handle.

Automated, verifiable resolution removes the human judgment layer for markets where outcomes are mathematically deterministic. Did BTC close above $95,000 at 4pm UTC? A timestamped data feed can answer that without a committee.

The strategic partnership between Chainlink and Polymarket, established in September 2025, was specifically designed to address these concerns. The collaboration focused on leveraging Data Streams for accuracy and CRE for automation, creating a resolution pipeline that’s both faster and harder to game.

What this means for investors The prediction market category’s growth trajectory, from $1.2 billion to over $20 billion in monthly volume within roughly a year, is one of the more striking expansion curves in recent crypto history. Five-minute markets only make sense if the settlement infrastructure can keep pace, and with that constraint removed, platforms can offer increasingly granular, high-frequency prediction products.

The risk, as always with infrastructure plays, is that the value accrual doesn’t necessarily flow to the oracle layer itself. Chainlink could enable billions in prediction market volume while the bulk of economic value gets captured by the platforms and traders using the rails. Whether LINK token holders benefit proportionally to the infrastructure’s importance remains one of the more nuanced questions in crypto valuation.

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

Primit today announced its official deployment on the Avalanche network, with the launch of Season 1: Primit × Avalanche “On-Chain Perp Frenzy” set for July 15. The 14-day trading incentive event features a total reward pool of 100,000USD equivalent in AVAX, open to all on-chain perpetual contract traders.

Strategic Significance Primit selected Avalanche as its launch chain based on its sub-second finality and minimal gas costs. For perpetual trading, every millisecond of latency impacts liquidations and position safety. Avalanche’s architecture is inherently suited for high-concurrency, low-latency DeFi scenarios, while Primit’s orderbook and funding rate mechanisms deliver a CEX-grade experience on-chain.

“We’re not simply deploying a frontend on Avalanche — we’re bringing the full perpetual infrastructure onto the chain,” the Primit team stated. “Season 1 has a clear objective: prove that on-chain perpetual trading is ready to handle professional-grade demand through real trading volume.”

Season 1 Mechanism Preview The event features four reward mechanisms covering the full spectrum from retail to professional traders:

Daily Random User Rewards: 20 users with ≥$200 daily trading volume randomly selected each day to share a $400 pool. 280 total winners over 14 days. Twitter Contributor Rewards: $3,000 pool rewarding high-quality tutorials, strategy analysis, and risk management content posted with #Primit #Avalanche. Referral Rebate Mechanism: $50,000 total pool distributed proportionally by valid referral trading volume. No individual cap. Volume Leaderboard: Top 120 traders share $37,800, with Top 1 receiving $4,000. AVAX-related pairs receive a 1.5x volume weighting multiplier. Long-Term Value: Tiered Fee Structure Primit is simultaneously launching a cumulative volume-based tiered Maker/Taker fee structure. This system will remain as a permanent platform standard after Season 1 ends, combining with Avalanche’s low gas costs to form a sustainable competitive advantage.

About Avalanche Avalanche is a high-performance, interoperable Layer 1 blockchain platform achieving high throughput and rapid finality through its unique consensus mechanism — a preferred infrastructure for DeFi and institutional-grade applications.

About Primit Primit is a next-generation on-chain perpetual contract trading platform focused on delivering low-latency, low-fee, fully transparent on-chain derivatives trading.

Event Portal: https://primit.io/ or https://app.primit.io/trade

Event Period: July 15 — July 28, 2026

Twitter: https://x.com/primitforall  https://x.com/avax 

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

If you’ve ever placed a trade on a decentralized exchange and noticed the price mysteriously moved against you right before execution, congratulations: you’ve been MEV’d. Miner extractable value, or MEV, is the blockchain equivalent of someone cutting in front of you at the deli counter, except they also somehow make you pay more for your sandwich.

Injective, a Layer 1 blockchain built on the Cosmos SDK, has positioned itself as the first and only L1 to natively resist these attacks on mainnet. The protocol’s core defense mechanism is something called Frequent Batch Auctions, and it fundamentally changes how transaction ordering works.

How Injective actually blocks MEV Injective’s approach attacks this problem at the infrastructure level. Instead of processing transactions one by one in the order they arrive, the protocol batches them together at fixed intervals. Think of it less like a first-come-first-served line and more like a sealed-bid auction where everyone submits their orders simultaneously.

The system uses a threshold-encrypted mempool, which means pending transactions are encrypted and invisible to would-be extractors until they’re processed. Combined with an on-chain order book, this architecture removes the informational advantage that MEV actors typically enjoy.

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This isn’t a bolt-on solution or a Layer 2 workaround. It’s baked into the protocol’s consensus layer, which is what makes the “first MEV-resistant L1” claim meaningful rather than marketing fluff.

The EVM upgrade and ecosystem expansion On November 10-11, 2025, the protocol launched its native EVM mainnet upgrade, bringing over 30 decentralized applications online from day one. The upgrade allows Ethereum-compatible applications to run on Injective while preserving all of the existing MEV-resistant infrastructure.

The protocol also claims approximately 25,000 transactions per second with sub-second block finality, built on Tendermint consensus. For context, Ethereum’s base layer processes roughly 15-30 transactions per second, though Layer 2 solutions significantly increase that capacity.

Injective’s model also eliminates gas fees for users, which removes a significant barrier to adoption, particularly for high-frequency trading applications where gas costs can eat into margins quickly.

Why MEV resistance matters more than you think MEV isn’t a niche problem. Research from Flashbots has previously shown that MEV extraction on Ethereum alone has amounted to hundreds of millions of dollars. The victims are almost always regular traders, not the sophisticated actors running the bots.

Injective’s Frequent Batch Auction model represents one approach to solving this at the protocol level. Other chains have experimented with MEV mitigation strategies, including Flashbots’ MEV-Share on Ethereum and various fair ordering solutions, but Injective’s claim rests on being the first to implement native resistance directly in a Layer 1’s architecture.

Since at least 2023, the project has branded itself as the “first and only MEV resistant L1,” a message it has consistently reinforced through 2025 and into 2026.

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

Aptos just posted its biggest single-day transaction count of the quarter. The Layer-1 blockchain processed over 16 million transactions in a single day in early July, a number that doubles as evidence that its April governance overhaul is doing exactly what it was designed to do.

That governance upgrade was, frankly, a big deal. Aptos raised gas fees tenfold, instituted a hard supply cap of 2.1 billion APT, cut staking rewards, and mandated that 100% of transaction fees be burned. The Aptos Foundation also permanently locked 210 million APT.

The numbers behind the milestone Despite the tenfold gas fee increase, average transaction costs held at $0.0005.

In June 2026, Aptos recorded 83.7 million transactions in a single week, its strongest weekly performance of the year.

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The token burn numbers are becoming material. In the 30 days leading up to this report, 235,200 APT were burned. Since the mainnet launched in October 2022, cumulative burns have reached 1.4 million APT.

Monthly emissions from staking sit at roughly 1.6 million APT. The current burn rate is offsetting approximately 15% of that.

Staking rewards were also trimmed as part of the April upgrade, coming down to approximately 2.6%.

Why the governance changes matter beyond the headline The April 2026 upgrades essentially borrowed a page from Ethereum’s EIP-1559 playbook, where base fees are burned rather than paid to validators or a treasury, creating a direct mechanical link between network demand and token supply reduction.

The hard cap of 2.1 billion APT puts a ceiling on total supply that did not exist before. Combined with the Foundation’s decision to permanently lock 210 million APT, the circulating supply trajectory has changed in a way that is difficult to reverse.

Aptos launched its mainnet in October 2022 with a Move programming language and a parallel transaction execution model. The April governance vote addressed the economic side of that equation.

What investors should watch from here Monthly emissions of 1.6 million APT remain higher than the current burn rate, meaning the net supply is still growing. The crossover point, where burns exceed new issuance, depends entirely on sustained or growing transaction volumes.

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

@worldlibertyfi's payments arm, AI Financial, is in talks to offload its core business to Tokyo-based blockchain firm Perpetuals.com for up to $15 million, according to the Wall Street Journal. The development marks a sharp reversal for a company that was once promoted as the foundation of an international payments network powered by World Liberty Financial's USD1 stablecoin.

From $750 Million to $15 Million The problems began after World Liberty acquired a controlling stake in AI Financial in August 2025 by paying with its own $WLFI cryptocurrency. AI Financial then raised an additional $750 million from outside investors to purchase more WLFI tokens, leaving the company heavily exposed to the Trump-backed digital asset.

Under the reported deal terms, Perpetuals.com would pay $5 million upfront in stock, with an additional $10 million contingent on future revenue targets, while also assuming certain liabilities tied to the payments unit. Perpetuals.com confirmed the discussions in a press release on July 7, saying it had signed a non-binding term sheet to explore the acquisition of Alt5 Sigma Canada Inc., with its Chief Strategy Officer noting the company is currently conducting due diligence and that no final decision has been made.

The unit generated roughly $25 million in revenue last year and is AI Financial's sole revenue-generating business. According to the Journal, no USD1 stablecoin transactions have ever been processed through AI Financial's payments platform.

Investors Burned, Trumps Profit $WLFI has slid roughly 70% since the deal was announced, and AI Financial's stock has cratered more than 90% from highs near $9.76, with shares now trading around $0.53. AI Financial posted a $271.5 million net loss for Q1 2026, driven by a $348.3 million unrealised loss on its WLFI holdings, and management has flagged substantial doubt about the company's ability to continue as a going concern within 12 months.

The Trump family is entitled to 75% of the proceeds from World Liberty's crypto token sales, putting their direct gains from the August transaction at roughly $500 million after fees and other expenses. Trump's crypto-related income for 2025 included about $515 million from the sale of tokens released by World Liberty Financial, and $65 million from sales of equity in the holding company.

As part of the broader arrangement, Perpetuals.com has also agreed to explore offering World Liberty Financial's USD1 stablecoin in Europe and to license its trading technology to AI Financial. Both World Liberty Financial and AI Financial declined to comment on the reported sale talks.

Sources:
International Business Times: Trump Family Pockets Half A Billion As Trump-Backed Crypto Firm Moves To Sell Only Revenue-Generating Business
CNBC: Trump family got about $500M from crypto venture as investors saw steep losses
The Crypto Times: Trump-Linked WLFI Treasury Firm to Sell Core Unit for $15M After Token Crash

The Solana launchpad says its app now routes "crosschain" trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company's new blockchain "great for memes too."

Pump.fun said Wednesday it added support for trading tokens tied to Robinhood's blockchain, a move that comes as a memecoin modeled on the brokerage's old mascot has posted quadruple-digit percentage gains on the week-old network.

"Robinhood tokens are now available to trade on the Pumpfun app!" the Solana-based launchpad wrote on X, citing "no bridging," trading "seamlessly in SOL," and the ability to "trade every trending Robinhood token."

Pump.fun co-founder Alon Cohen, who posts as @a1lon9, followed up 11 minutes later, framing the addition as an extension of the app's existing multichain trading tool rather than a standalone feature.

“It's only right that the leading app in trading edge supports everything that traders want to speculate on," he wrote. “The pump fun app is not just for pump fun coins; it covers all of your crosschain trading. trade Robinhood tokens now. 0% fees on Solana."

Existing Multichain ToolThe addition builds on a feature Pump.fun rolled out on May 26, when it began letting users trade Ethereum, Base and BNB Chain tokens from inside its app using a single Solana wallet. Under that system, Pump.fun sponsors gas fees and auto-generates wallets for each supported network, so users never need to hold a chain's native gas token or manually bridge assets to trade there.

Robinhood Chain, an Arbitrum-based Layer 2 that Robinhood took to public mainnet on July 1, is the newest network folded into that setup.

CASHCAT MemecoinThe token drawing the most attention on Robinhood Chain this week is CASHCAT, which references "Cash Cat," an early mascot from Robinhood's history as a stock-trading app. According to onchain data highlighted by the analytics account Lookonchain, the token climbed roughly 700% to 950% in 24 hours on July 8, pushing its market capitalization from the low millions into a range of $68 million to $100 million.

One trader, holding a wallet ending in 0xDE4C, turned an $838 purchase made about 20 days earlier into just over $1 million after selling most of the position, a roughly 1,253-fold return, Lookonchain said.

CASHCAT trades against Robinhood Chain's Uniswap V3 deployment, according to the same reporting. A reply beneath Pump.fun's own announcement post on X, from a user thanking the platform for letting them "trade cash cat last night," suggests some CASHCAT volume was already routing through Pump.fun before Wednesday's post.

Tenev's About-FaceRobinhood CEO Vlad Tenev added to the attention around Robinhood Chain's meme activity in a post on X late Tuesday: "While we're building robinhood chain to be the best chain for RWA … it works great for memes too."

The comment came less than a week after Tenev told CNBC on July 2, in an interview tied to Robinhood's mainnet launch, that memecoins were largely a dead end because assets without utility don't serve a lasting purpose, and that he saw tokenized real-world assets as the more durable direction for crypto.

Robinhood switched on the public mainnet of Robinhood Chain on July 1 during a London keynote called "Robinhood Presents: The World Is Flat." The company describes the network as a permissionless Layer 2 built for tokenized real-world assets, with day-one integrations from Uniswap, Chainlink, Alchemy and BitGo.

Alongside the mainnet, Robinhood launched Stock Tokens — tokenized debt securities issued by Robinhood Assets (Jersey) Limited that track the price of US equities and ETFs without conferring shareholder rights — inside the Robinhood Wallet in more than 120 countries. The product is not available to US persons.

RWA Chain, Meme PlaygroundData from DefiLlama shows the split between Robinhood Chain's stated purpose and its early usage. Total value locked on the network reached $107.8 million, up more than 160% in a single day, while the chain's stablecoin market cap stood at $246.8 million, most of it USDG. Active real-world-asset market cap on the chain — the category that includes Stock Tokens — was just $12.5 million by comparison.

Pump.fun itself continues to generate substantial revenue from its Solana-native business. The platform brought in $826,330 in revenue over the 24 hours before publication and has generated more than $1 billion cumulatively since launching, according to DefiLlama. Its PUMP token traded around $0.0014 on CoinGecko, down about 7.7% over the past week and roughly 84% below its September 2025 all-time high.

Ripple-backed t54.ai has announced the launch of the XRP Ledger (XRPL) in a bid to build an agentic economy on the network. This comes as the network surpasses 1 million agentic payments.

XRP Ledger AI Hub Goes Live As Network Records New Milestone In an X post, the Ripple-backed firm announced the launch of the XRPL AI Hub, providing a single destination for agents, AI projects, tools, and payment services building on the network. The firm noted that the goal is to make the XRPL AI ecosystem easier to discover, navigate, and build on.

“As more agents, merchants, and services come to XRPL, builders need one place to see what is live, what is possible, and where to contribute,” t54.ai said. The firm added that the hub starts with three core areas, including index, which involves live X402 payment activity on the XRP Ledger.

Furthermore, the hub includes docs, SDKs, repos, and developer resources. The third area is the directory, which includes AI projects, agents, services, and merchants building on the XRPL. t54.ai also revealed that they launched this initiative with support from Ripple developers and the XRPL Foundation.

This move comes just weeks after Ripple launched the XRP Ledger AI starter kit, enabling AI agents to pay with XRP and RLUSD on the network. The rollout back then notably enabled X402 payments, with XRPL now a supported chain in the X402 protocol.

XRPL Foundation Announces New Milestone In an X post, the XRP Ledger Foundation announced that the network has surpassed 1 million agentic payments via the x402 protocol. “Time to double down,” the Foundation added.

We just surpassed 1,000,000 agentic payments via x402 on the $XRP Ledger. Time to double down.

XRPL AI Hub is a comprehensive new ecosystem platform for builders, users, and enthusiasts.

Welcome to the agentic economy on the XRP Ledger.https://t.co/VeEwNmEPyp https://t.co/IfXDi2XOno pic.twitter.com/FGcEjj0BkB

— XRP Ledger Foundation (@XRPLF) July 8, 2026

The Foundation also welcomed the launch of the XRPL AI Hub, noting that it is a comprehensive new ecosystem platform for builders, users, and enthusiasts. XRPL validator Vet said that he wasn’t surprised at the milestone.

He opined that the XRPL Ledger is uniquely positioned with its protocol design that fits very well with what AI needs. “Low cost infra, predictable fees, a native asset XRP that’s listed everywhere and is liquid. and of course a native Decentralized Exchange that lets you swap between assets 24/7 with no censorship,” Vet added.

For more information about AI agents, please check out the Top Web3 AI Agents Directory

Crypto Asset Service Provider (CASP) license approval in Luxembourg completes Ripple’s Markets in Crypto-Assets Regulation (MiCA) requirements, making it fully compliant for cryptoasset services across the European Economic Area

Luxembourg — 6 July 2026 – Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced it has received authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). The authorisation follows the preliminary approval announced in June 2026 and confirms Ripple as fully MiCA-compliant, with its end-to-end regulated crypto payments product now available to financial institutions, corporates and businesses across all 30 countries of the European Economic Area.

“This CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale,” said Cassie Craddock, Managing Director, UK & Europe at Ripple. “The institutions we work with across Europe are looking to build their digital assets services alongside regulated partners, and Ripple is licensed and ready to meet that demand.”

Alongside its EU EMI license, Ripple’s CASP approval makes it one of a small number of digital asset firms to have full authorisation under MiCA, adding to a global portfolio of more than 75 regulatory licenses.

About Ripple

Founded in 2012, Ripple is the leading provider of blockchain-based enterprise solutions across traditional and digital finance. Its solutions span global payments, custody, liquidity, and treasury management, serving as a one-stop shop for moving, storing, exchanging, and managing value. Ripple's stablecoin, RLUSD, and the cryptocurrency XRP underpinning these solutions allow Ripple and its customers to shape the modern financial system.

Media Enquiries

Celine Cheung

[email protected]

SharpLink (Nasdaq: SBET) pulled in 449 ETH in staking rewards for the week ending July 5, 2026. That brings the company’s total Ethereum stash to 887,174 ETH, a pile worth well over $2 billion at current prices and growing larger every single week.

Here’s the thing about SharpLink: it’s essentially turned itself into a publicly traded Ethereum staking machine. And unlike buying an ETH ETF, this one actually generates yield.

The numbers behind the staking engine Since launching its Ethereum-focused treasury strategy on June 2, 2025, SharpLink has accumulated 22,991 ETH purely from staking rewards. That’s ETH earned just by locking up existing holdings and validating transactions on the network.

The company stakes nearly 100% of its ETH through institutional partners Liquid Collective and Figment. A portion of the company’s assets has also been deployed to Linea, an Ethereum Layer 2 network, as part of a broader yield diversification strategy.

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The 449 ETH earned this week translates to roughly a 2.6% annualized yield on the total holdings, which tracks closely with typical Ethereum staking returns.

From gaming company to Ethereum treasury vehicle If you’re wondering how a company called “SharpLink Gaming” ended up holding nearly 900,000 ETH, the answer is a dramatic corporate pivot. The company rebranded in February 2026 to ditch the gaming association entirely and lean fully into its identity as an Ethereum treasury company.

The playbook should look familiar. It’s the same strategy MicroStrategy pioneered with Bitcoin, just applied to Ethereum with an added twist: staking yield. While MicroStrategy’s Bitcoin sits in cold storage generating zero passive income, SharpLink’s ETH actively earns rewards by participating in network validation.

That distinction matters. Traditional ETH exchange-traded products, including spot ETH ETFs, don’t offer staking rewards to holders due to regulatory constraints. SharpLink has positioned itself as the workaround: buy the stock, get exposure to ETH plus the yield that ETFs can’t touch.

The market has noticed. Institutional ownership climbed to 46% by late 2025. The Russell index inclusion in June 2026, when SharpLink was added to both the Russell 2000 and Russell 3000, likely accelerated that institutional buying as index funds were forced to pick up shares.

The discount problem investors should understand SharpLink shares have displayed significant volatility and frequently trade at a discount to the company’s net asset value calculated from its ETH holdings. In simple terms: if you add up all the ETH SharpLink owns and multiply by the current ETH price, the number you get is higher than what the stock market says the company is worth.

Because SharpLink’s value is almost entirely tied to ETH’s price, the stock amplifies Ethereum’s moves. When ETH drops 5%, SBET might drop 7% or 8% as the discount widens.

The 22,991 ETH in cumulative staking rewards since launch is real yield generated from a real on-chain activity. For investors weighing SBET against alternatives, the calculus comes down to whether the staking yield premium, roughly 2-3% annually, compensates for the risks of holding a small-cap equity instead of the underlying asset directly.

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

BNB Chain has quietly become the highway most stablecoins travel on. The Binance-affiliated blockchain has processed over 5.3 billion stablecoin transactions since 2025, capturing a 24% market share in a category that practically every major chain is fighting over.

That’s not just a vanity number. It translates to roughly 10 million stablecoin transactions per day and 15 million monthly active addresses, putting BNB Chain ahead of its competitors on the two metrics that arguably matter most: people actually using the thing, and the thing actually working at scale.

The numbers behind the dominance Stablecoin supply on BNB Chain doubled from $7 billion to a peak of $14 billion during 2025. A significant chunk of that momentum came from deliberate moves like the 0-Fee Stablecoin Carnival, an initiative that did exactly what the name suggests: eliminated transaction fees on stablecoins to juice adoption.

As of mid-2026, the stablecoin market cap on BNB Chain sits somewhere between $13.7 billion and $17 billion.

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Binance’s stablecoin reserves reached $53 billion as of July 2026, a figure that no other exchange comes close to matching. The platform’s share of stablecoin reserves climbed from 54% to 57% since early 2025.

Collaborations with stablecoin issuers, including the integration of USD1, have also expanded the variety of stablecoins circulating on the chain.

What’s coming next BNB Chain’s second-half 2026 roadmap prioritizes speed upgrades and the launch of a new layer-1 solution designed specifically for high-frequency trading.

What this means for investors BNB Chain’s 24% market share in stablecoin transactions creates network effects that are difficult for competitors to replicate. More stablecoin liquidity attracts more DeFi protocols, which attract more users, which attract more liquidity.

BNB Chain currently offers one of the deepest stablecoin liquidity pools in crypto, which translates to tighter spreads and more efficient execution for anyone operating in the DeFi space on the chain.

BNB Chain’s success is tightly coupled with Binance’s own fortunes. Regulatory pressure on the exchange, which has been a recurring theme across multiple jurisdictions, could create headwinds for the chain’s growth. A $53 billion stablecoin reserve is impressive until regulators start asking pointed questions about custody arrangements and reserve composition.

Ethereum, Tron, and Solana all have significant stablecoin ecosystems with their own network effects. Tron in particular has been a dominant force in USDT transfers for years.

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

July 08, 2026

Overview This is the v0.18.5.1 release of the Monero software. This recommended release includes a large number of bug fixes.

Some highlights of this release are:

Daemon: display IPv6 connections (#10611) Daemon: fix slow shutdown with Tor/I2P enabled (#10698) Daemon: avoid unsafe pidfile truncation (#10608) Daemon: use latest hard fork block for approximate blockchain height (#10580) Daemon: restrict get_alt_blocks_hashes RPC (#10610) Daemon: fix wrong block_weight in handle_get_objects (#10715) Daemon: improve incoming block scan table handling (#10838) Daemon: restore safe sync mode when target height drops (#10598) Daemon: canonicalize Tor and I2P hostnames (#10638, #10704) Daemon: fix dangling iterator in remote host checks (#10649) Daemon: improve duplicate transaction handling in handle_notify_new_transactions (#10836) Daemon: fix use-after-free in txpool prune (#10710) ZMQ: cap aggregate receive size (#10757) ZMQ: apply restricted-mode privacy filtering to get_transaction_pool (#10543) Wallet: store multisig nonce erasure before returning signed txset (#10754) Wallet: hardening against malicious remote nodes (#10773, #10776, #10774) Wallet RPC: add missing trusted daemon check to rescan_spent (#10542) Wallet RPC: fix describe_transfer source entry (#10592) Wallet RPC: preserve payment ID when editing address book (#10590) Wallet RPC: remove unused finalize_multisig endpoint (#10615) Miner: fix thread 0 always using secure JIT (#10743) RandomX: update to v1.2.2 (#10571) Fix memory leak with readline (#10568) Fix memory leak with RandomX integration on Windows (#10546) Various bug fixes and improvements The complete list of changes is available on GitHub, along with the source code.

Contributors for this Release This release was the direct result of 13 people who worked to put out 102 commits containing 1094 new lines of code. We'd like to thank them very much for their time and effort. In no particular order, they are:

jeffro256 tobtoht SNeedlewoods selsta greatjourney589 iuyua9 glv2 alhudz nahuhh woodser ComputeryPony SChernykh j-berman Download The new binaries can be downloaded from the Downloads page or from the direct links below.

Windows, 64-bit Windows, 32-bit macOS, Intel macOS, ARM Linux, 64-bit Linux, 32-bit Linux, armv7 Linux, armv8 Linux, riscv64 Android, armv7 Android, armv8 FreeBSD, 64-bit Hashes If you would like to verify that you have downloaded the correct file, please use the following SHA256 hashes:

monero-win-x64-v0.18.5.1.zip, cf2ae8273977697d9ef2031c7337b781e6e5936578f602444b2990a173a2437d monero-win-x86-v0.18.5.1.zip, f79746868794786ba4ca3c5a30191263ffb0b9a4ab1c0ffcbe30fd5d04986380 monero-mac-x64-v0.18.5.1.tar.bz2, 82e305bbf6128b386571bed173dae316f9dd06c4ee1217c5eda849444bec89a9 monero-mac-armv8-v0.18.5.1.tar.bz2, dba08921841e675384ce019fd7c93b59fe7b1e6edaa0a3cf0e3253e263f61864 monero-linux-x64-v0.18.5.1.tar.bz2, 22a7dda7b0cb699fdd6b7674c3b4a4465b337cc98a54983523b759e1e7cc9958 monero-linux-x86-v0.18.5.1.tar.bz2, 68783d76d9eac543d593ca1bdfa9c7eb540ec6c646acc68421702465c1d86182 monero-linux-armv8-v0.18.5.1.tar.bz2, c0caf042cb7c7b760f5ad6be188084b59352440b32990a78b8051497b9398dbc monero-linux-armv7-v0.18.5.1.tar.bz2, bd6693ac411919d474d98c9e7d7bae1f03e7ef7f1d779a15e2ba3a188c958d36 monero-linux-riscv64-v0.18.5.1.tar.bz2, 28ead34fa4320ea6809f16c4b064d3b430e71caf3155d25677cc624388fc0ee5 monero-android-armv8-v0.18.5.1.tar.bz2, a2c0fb240c5eaa947f5a2382ece4613c59b299645ad4d1480ef24e71b8aa8c8f monero-android-armv7-v0.18.5.1.tar.bz2, daa56844251a9e9f296caaaafcf72c60dade54ae93146085d627ffc883b0fec3 monero-freebsd-x64-v0.18.5.1.tar.bz2, cc32bb64fb577254fe24441e2db0b722dfedff5c953427ffbf396dc16f0feb62 A GPG-signed list of the hashes is at https://www.getmonero.org/downloads/hashes.txt and should be treated as canonical, with the signature checked against the appropriate GPG key in the source code (in /utils/gpg_keys). To ensure that the files you download are those originally posted by the maintainers, you should both check that the hashes of your files match those on the signed list, and that the signature on the list is valid.

Two guides are available to guide you through the verification process: Verify binaries on Windows (beginner) and Verify binaries on Linux, Mac, or Windows command line (advanced).

Post tags : Monero Software Releases

Validator Economics Tightened Under Referenda 1909@Polkadot has activated two governance referenda that mark one of the most significant overhauls of its staking architecture in recent years. The proposals were first introduced on June 23 and approved on July 6, 2026.

Referendum 1909 builds on the previously approved 10,000 $DOT minimum self-stake requirement, adding self-stake rewards, 0% commission, and permissionless chilling for under-bonded validators. This addresses a potential security problem: if a critical number of validators do not have sufficient capital at stake, the security model weakens.

Under the updated reward structure, 22.6% of the Dynamic Allocation Program's budget will be earmarked for validator self-stake incentives, while 45.2% will go toward staker rewards, with a concave weighting model applied to prevent large validators from disproportionately dominating the reward pool.

The chill threshold has been lowered to 32%, enabling permissionless chilling of validators whose self-stake falls below the minimum bond, while a safety floor ensures the active validator set cannot be reduced below a safe minimum through this mechanism. Supporters argue this model better aligns validator interests with overall network health, though critics caution that smaller validators could struggle to remain competitive.

Nominator Liquidity Improves Sharply Under Referendum 1910Referendum 1910 removes nominator slashing and shortens the nominator unbonding period from roughly 28 days to about 48 hours, making staking considerably more flexible. Currently, nominators can face losses if they back validators that violate network rules. By eliminating nominator slashing, Polkadot aims to make staking more accessible and less risky for retail participants, while placing greater responsibility on validators to maintain network security.

Today, Polkadot's unbonding period sits at about 28 days, and official guides warn users they must wait nearly a month before withdrawn $DOT becomes transferable. The new design targets unbonding times of roughly 24 to 48 hours, pushing staking liquidity closer to what traders expect in modern DeFi.

The upgrades went live alongside a roughly 12% price increase in $DOT between July 1 and July 6, though on-chain activity remains thin, suggesting the market may be pricing in the improvements ahead of tangible usage growth.

Sources:
Polkadot SubSquare: Referenda 1909 Official Details
Coinpedia: Major Staking Upgrades Live on Polkadot
The Crypto Times: Polkadot Targets Faster Staking Exits

@Dfinity's Internet Computer protocol ($ICP) reached a new weekly activity peak on Tuesday after processing more than 98.3 million transactions in a single day, according to data tracked by @ChainspectApp. The figure marks a record for the network and adds to a string of throughput milestones logged by the protocol in 2026.

Sustained Throughput, Not Just a One-Day Spike The record daily figure sits within a broader pattern of rising on-chain activity. The Internet Computer network recently sustained over 1,089 transactions per second for a continuous 24-hour period, with peaks reaching 1,300 TPS, demonstrating an ability to maintain enterprise-grade throughput rather than achieve short-lived peaks. According to ChainSpect's real-time tracker, Internet Computer has averaged 2,554 transactions per second over a recent week, more than double Solana's 1,153.

Over the past 180 days, Internet Computer processed approximately 75.7 billion transactions, with daily counts rising from roughly 300 to 350 million at the start of that period to peaks approaching 750 to 800 million in May. Even after that spike, the network has consistently maintained daily activity well above earlier levels, indicating that usage remains elevated rather than being a one-off event.

Developer Migration Driving On-Chain Demand @ChainspectApp metrics confirm that $ICP is sustaining record-level throughput as developers migrate complex workloads to on-chain environments. The protocol's architecture is designed to accommodate that shift. Dfinity uses a subnet-based architecture to scale horizontally, enabling multiple subnets to process tasks in parallel, making its performance closer to that of distributed cloud services. Internet Computer uses a reverse gas model where developers pre-pay computation costs in cycles burned from ICP tokens.

Recent infrastructure upgrades have also expanded the network's capacity. The DFINITY Foundation rolled out a major upgrade that doubled storage capacity across all 47 subnets, allowing applications to handle larger workloads and bringing total Internet Computer capacity to 94 TiB, with each subnet now supporting 2 TiB of replicated state. GitHub commits saw growth of 37% month over month in Q4 2025 and Q1 2026 as developers gained confidence in the improved infrastructure.

The throughput record arrives alongside activity on the DeFi front. A public rollout of MULTI/DEX is currently underway, where participants use dummy assets to stress-test the protocol's architecture, replicating the speed and liquidity of centralized exchanges, with the outcome to be submitted to the Network Nervous System for a vote on permanent, autonomous execution. A successful launch would demonstrate that ownerless, on-chain DeFi can rival centralized exchange performance, potentially attracting significant liquidity and boosting the network's DeFi TVL, which has grown to over $250 million in 2026.

Sources
BanklessTimes: Internet Computer ICP Tests Key Resistance After 11% Move
CoinMarketCap: Latest Internet Computer News and Network Updates
Internet Computer Dashboard (Official Network Stats)

Wikipedia/ELYRIA_GO-58.jpg

Alvarez & Marsal, a global restructuring advisory firm, has reportedly accepted its first client payment in USDC using the Solana blockchain, according to a social media post. This development marks a significant milestone for Solana, which has been gaining traction as a network for high-volume USDC transactions. Solana processes over 31% of global USDC transactions, and with fees averaging under $0.001, it is recognized for its speed and cost-efficiency. The move by Alvarez & Marsal could suggest increased institutional adoption of Solana for financial transactions.

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Key Takeaways The acceptance of USDC payments by Alvarez & Marsal on Solana appears to indicate growing institutional adoption of the network. Solana’s network processes a significant share of global USDC transactions, which may be viewed as supportive of increased network utility. Market participants might see this development as consistent with scenarios where Solana’s price could rise, although the source’s reliability as Tier 3 could moderate impacts. What to Watch Market observers should monitor whether other institutions follow Alvarez & Marsal’s lead in adopting Solana for USDC transactions, which could further influence market sentiment. Additionally, any announcements by major financial entities, such as Visa or Mastercard, regarding their use of Solana for settlements could impact the market. As the end of July approaches, the behavior of Solana’s price and transaction volumes will be critical indicators of the market’s response to this development.

Get prediction market intelligence as a structured API feed. Early access waitlist.

Term Structure

Contract Odds Δ since publish Volume 24h August 1 2026 30% — — View market → August 1 2026 0.7% — — View market → August 1 2026 0.1% — — View market → August 1 2026 4.2% — — View market → August 1 2026 1.8% — — View market → August 1 2026 0.8% — — View market → August 1 2026 10% — — View market → August 1 2026 1% — — View market → August 1 2026 15% — — View market → August 1 2026 0.2% — — View market → August 1 2026 2.8% — — View market → August 1 2026 0.1% — — View market →

A long-standing member of the Shiba Inu community, known as Mazrael, has issued a renewed warning to SHIB users regarding obsolete domain names associated with the ecosystem. According to his latest statement, these addresses—no longer managed by the project—should not be considered official access points for Shiba Inu services.

Shib.io now the official portalMazrael emphasized that Shib.io serves as the core portal for the Shiba Inu ecosystem, including ShibaSwap and Shibarium. He urged users to rely solely on this address and to carefully verify all official links for security reasons before interacting with the ecosystem or its products.

Glossary: Shibarium is a layer-2 blockchain network developed for the Shiba Inu ecosystem. ShibaSwap is the ecosystem’s decentralized trading application.

This warning extends beyond general ecosystem addresses. Mazrael also reminded the community about the domain name previously associated with the Shib The Metaverse virtual world project, clarifying its current status and management.

Shib The Metaverse domain no longer managed by projectAccording to Mazrael, the domain name tied to the Shib The Metaverse project is no longer owned or administered by the Shiba Inu core team. He cautioned that this address could potentially be purchased by third parties in the future, or repurposed for entirely different objectives.

For your safety, do not assume that any future content appearing at this domain is affiliated with the SHIB ecosystem.

This warning points to the risks of interacting with apparently official websites that are no longer connected to the project. Particularly after the decommissioning of older domain names, users are encouraged not to use these addresses for accessing official Shiba Inu services.

Verification urged before connecting walletsMazrael also noted that if Shib The Metaverse is relaunched, access is expected to be provided through Shib.io, rather than via an independent domain. This approach aims to centralize all official connections under a single, verified platform within the SHIB ecosystem.

When Shib The Metaverse becomes available again, access is expected to be through Shib.io, not any separate domain name.

His message to the community stressed the importance of double-checking links before connecting wallets, confirming transactions, or entering sensitive information. The risk remains particularly high that unofficial sites may emerge after old domains are decommissioned, targeting unsuspecting users.

Originating as a meme coin, Shiba Inu has grown over time into a larger crypto ecosystem, bringing together components like ShibaSwap, Shibarium, and metaverse initiatives. The latest warning is intended to clarify the project’s official access channels and reinforce user security.

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.

Injective’s Community BuyBack program just had its biggest moment yet. Nearly 43,500 INJ tokens were bought back and burned on July 8, removing roughly $200,000 worth of supply in a single morning. The round marked record participation from the community.

Community members actively commit their own INJ tokens into the program, those tokens get burned, and participants receive a pro-rata share of ecosystem revenue in return.

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How the Community BuyBack actually works Each month, the protocol pools committed INJ tokens and burns them permanently, reducing the circulating supply. Contributors earn back a proportional cut of Injective’s protocol revenue. Participants have reportedly averaged yields of 20% to 25% per round.

Since launching in late 2025, the program has removed over 6.9 million INJ from circulation. The bulk of that, roughly 6.78 million INJ, came from an initial auction burn. Subsequent monthly rounds have collectively burned an additional 178,000 INJ on top of that. The July round’s 43,500 INJ contribution represents the single largest monthly burn to date.

Collectively, participants have received over $776,000 in rewards from the burn rounds since inception.

A trajectory that keeps pointing up Monthly basket values have climbed from around $150,000 in earlier iterations to a peak of $315,000 in June 2026. The July round’s $200,000 figure sits below that peak, but the record participation numbers suggest the community base is broadening.

Governance initiative IIP-617 has been cited as a complementary measure that enhances the buyback structure, creating additional layers of deflationary pressure alongside the community-driven burns.

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

PANews July 8 news, regarding the online rumor of "Gate hacked for 1.7 million", platform founder and CEO Dr. Han posted a tweet in response: The whole story is here. After reading, you will understand some of the turbulence. Earlier, Gate's official account had already provided a complete disclosure and review of the incident.

Gate Chinese earlier stated that the online rumor "Gate hacked for 1.7 million" is not a systemic risk or a website security vulnerability, and that platform customer assets and accounts are currently safe. Gate disclosed that the user involved reset their phone and email on a new device starting July 4, and passed liveness facial verification and multiple verification codes; on July 5, again passed facial verification and submitted multiple historical transaction records from 2019 to unbind the phone number; on July 6, modified the Google Authenticator, login password, and fund password; on July 7, logged in on a historical device, passed liveness, Google Authenticator, and fund password verification multiple times, then completed 5 withdrawals to a new address, totaling approximately 49.96 ETH, 746,475 HSK and 1,565,982 USDT, and only reported the fund loss to customer service on July 8. Gate stated that all operations are traceable and verifiable, and urged users to view relevant rumors rationally.

Victoria, Seychelles, July 8th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, will add nine Ondo tokenized stock and ETF trading pairs to its spot market, the latest expansion of ongoing collaboration with Ondo Finance. The new pairs cover companies across the data center, semiconductor and power supply chains linked to growing AI infrastructure demand, expanding the range of tokenized U.S. equities available to users and providing on-chain exposure to a sector at the center of the current AI infrastructure buildout.

The pairs include tokenized stocks and ETFs tracking Bloom Energy (BEON/USDT), Astera Labs (ALABON/USDT), Credo Technology (CRDOON/USDT), the Roundhill Memory ETF (DRAMON/USDT), Innodata (INODON/USDT), and Celestica (CLSON/USDT), among others, all listing on July 8, 2026 (UTC). Full details, including exact listing times for each pair, are available in MEXC’s official announcement.

Ondo Finance focuses on bringing traditional financial assets on-chain through compliant infrastructure, allowing users to access assets such as US Treasuries, stocks, and ETFs in a blockchain-native format. Each tokenized asset is backed by the corresponding underlying security held through regulated custodial brokers. This latest batch listing further expands MEXC’s lineup of tokenized stocks, reinforcing its commitment to delivering users Infinite Opportunities.

As a one-stop trading platform, MEXC provides users with diverse access to global markets. Beyond Ondo’s tokenized stocks, MEXC also offers “RealStocks,” a product that allows users to hold real share ownership and dividends. With MEXC’s integrated trading experience, users can seamlessly access diverse investment products without switching between platforms. 

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact MEXC PR team: [email protected]

Risk Disclaimer:

This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Table of contents

World Liberty Financial’s USD1 has gone from a March 2025 launch announcement to the fourth-largest stablecoin in the world in roughly fifteen months, overtaking PayPal’s PYUSD and Sky’s DAI along the way. Its rise has been driven less by retail adoption than by a handful of enormous institutional deals — most notably a $2 billion settlement between Abu Dhabi-based MGX and Binance that was paid entirely in USD1 — and by the fact that the project sits inside a company co-founded by the Trump family. Here’s what USD1 actually is, how it works, and what to weigh before using it.

Key Takeaways USD1 is a US dollar-pegged stablecoin issued by World Liberty Financial (WLFI) and custodied by BitGo Trust Company under a South Dakota trust charter Reserves consist of cash, short-term US Treasury bills, and government money market funds, verified through monthly AICPA-standard attestations and a live Chainlink-powered proof-of-reserves dashboard Circulating supply has grown from about $3.3 billion at year-end 2025 to roughly $4.5 billion by mid-2026, making USD1 the fourth-largest stablecoin behind USDT, USDC, and Sky’s USDS, according to DefiLlama’s stablecoin tracker USD1 runs natively on around ten blockchains, including Ethereum, BNB Chain, Tron, Solana, Aptos, and the Stripe-backed Tempo L1 World Liberty Financial is majority-owned by a Trump family business entity, which is entitled to a share of token sale proceeds and stablecoin profits — a fact worth knowing before treating USD1 as a neutral financial product USD1 Price Today MetricValuePrice~$0.9987Market Cap~$4.45B24h Volume~$775MCirculating Supply~4.46B USD1Holders~617KRank#4 stablecoin by market cap Live price and supply data via CoinGecko and CoinMarketCap.

Note: as a stablecoin, USD1’s price is designed to stay near $1.00 — deviations of more than a fraction of a cent typically signal peg stress rather than “price movement” in the way a normal crypto asset would show it. For how USD1 fits into the broader market, see today’s crypto market overview.

What Is USD1? USD1 is a fiat-collateralized stablecoin issued by World Liberty Financial, the same company behind the WLFI governance token. Each USD1 is intended to be backed 1:1 by a corresponding dollar held in cash, short-duration US Treasury bills, and other cash equivalents through government money market funds. The stablecoin launched on Ethereum and BNB Chain in March 2025 and was designed from the outset for institutional settlement rather than retail spending — WLFI co-founder Zach Witkoff pitched it at launch as combining “the power of DeFi” with “the credibility and safeguards of the most respected names in traditional finance.”

That institutional framing has largely held up in practice. USD1’s fastest growth has come from large counterparty deals rather than organic retail demand — Forbes reported that Binance-linked wallets held roughly 87% of USD1 supply at one point, and Binance has run multiple liquidity-seeding campaigns, including a booster program that briefly offered up to 20% APR on USD1 deposits before being cut to 8%.

USD1 uses a standard mint-and-burn mechanism: new tokens are created only when an equivalent dollar amount is deposited with the custodian, and tokens are destroyed when holders redeem. BitGo Trust Company — which operates under a South Dakota trust charter — holds the reserves and processes institutional redemptions, typically within one to two business days. Retail holders generally don’t redeem directly with BitGo; instead, they convert USD1 to other stablecoins or fiat through exchanges and DEXs.

Two transparency mechanisms back the peg claim. A monthly attestation report, prepared by an independent accounting firm under 2025 AICPA criteria for asset-backed fiat-pegged tokens, confirms that USD1 tokens outstanding are matched or exceeded by reserve assets. A separate real-time proof-of-reserves dashboard, powered by a Chainlink oracle on Ethereum, shows total reserves, the collateralization ratio, and supply by network on an ongoing basis. World Liberty Financial introduced the live dashboard in February 2026, shortly after a brief depeg incident (more on that below).

It’s also worth knowing where the yield goes: interest earned on the underlying reserve assets accrues to BitGo and World Liberty Financial-affiliated entities — including a Trump-affiliated entity, DT Marks DEFI LLC — rather than to USD1 holders themselves. That’s standard practice across most fiat-backed stablecoins, including USDT and USDC, but it means holding USD1 doesn’t generate yield on its own; any return comes from separately supplying it to a lending protocol.

Which Blockchains Support USD1 USD1 launched on just two networks and has expanded aggressively since:

Ethereum and BNB Chain — the original launch networks and still the deepest liquidity venues Tron — where dollar-stablecoin transfer volume is heavily concentrated Solana — added as USD1 pushed into high-throughput DeFi Aptos, AB Core, Mantle, Monad, Plume, Morph — newer integrations added through 2025 and 2026 Tempo — the Stripe-backed layer-1, where USD1 launched natively in May 2026 as an early TIP-20 token Cross-chain transfers run on Chainlink’s Cross-Chain Interoperability Protocol (CCIP) rather than a proprietary bridge — a deliberate choice, since Circle’s competing CCTP standard is USDC-specific and unavailable to other issuers.

USD1 and World Liberty Financial USD1 can’t really be separated from the company behind it. World Liberty Financial was founded in late 2024 by Zachary Folkman, Chase Herro, and Zach and Donald Trump Jr., alongside other Trump family members, and describes Donald Trump as its “chief crypto advocate.” A Trump family business entity owns 60% of World Liberty Financial and is entitled to 75% of net proceeds from WLFI token sales as well as a share of stablecoin-related profits; by December 2025, the family had reportedly profited around $1 billion from token proceeds alone.

The project has also drawn foreign investment at a scale unusual for a young crypto company. A firm tied to the Abu Dhabi royal family purchased $2 billion of USD1 in 2025, and reporting from the New York Times indicated Abu Dhabi-linked interests separately agreed to acquire a 49% stake in WLFI. These ties, combined with the Trump family’s direct financial stake, have made USD1 a recurring subject of conflict-of-interest reporting rather than a purely technical stablecoin story — worth factoring in alongside the reserve and custody details above.

On the regulatory side, USD1’s structure is built to align with the GENIUS Act, the federal stablecoin law signed in July 2025 that requires full reserve backing, monthly public disclosure, and licensed-issuer status for payment stablecoins. Implementation is still ongoing through 2026, and in January 2026 a World Liberty trust entity applied for a US national banking charter, which — if granted — would give the issuer direct bank-grade infrastructure instead of relying solely on BitGo as custodian.

USD1 vs. USDT vs. USDC USD1USDTUSDCIssuerWorld Liberty FinancialTetherCircleMarket cap (mid-2026)~$4.5B~$170B+~$73BCustodianBitGo TrustTether InternationalRegulated banking partnersReserve attestationMonthly (AICPA standard)QuarterlyMonthlyChains~10, incl. Ethereum, BNB Chain, Tron, Solana15+20+Primary use caseInstitutional settlement, DeFi collateralTrading pairs, EM remittanceRegulated payments, DeFi USD1 is far smaller than the two incumbents and has no realistic path to displacing either in the near term. Its differentiation is regulatory positioning and political access rather than scale: it launched compliance-first under a framework built toward the GENIUS Act, and its sponsors have secured settlement deals — like the MGX-Binance transaction — that smaller or newer stablecoins typically can’t access.

Risks Worth Knowing USD1 briefly depegged to around $0.994 in February 2026, an incident WLFI attributed to a coordinated attack on co-founders’ social media accounts — a claim that hasn’t been independently verified. The peg recovered within roughly 30 minutes and reserves were confirmed intact, but the episode prompted the launch of the real-time proof-of-reserves dashboard described above.

Supply concentration is a separate concern: with the bulk of USD1 historically held in Binance-linked wallets, the token’s liquidity and price stability depend heavily on a small number of large holders rather than a broad, diversified base. World Liberty Financial’s own risk disclosures also note that USD1 is not legal tender and not deposit-insured, and that BitGo or WLFI-affiliated parties retain the ability to freeze or block specific addresses — a level of centralized control that’s common among regulated stablecoins but worth being aware of before treating USD1 as equivalent to holding cash.

Finally, USD1 is young and its issuer is young: World Liberty Financial has faced congressional scrutiny over conflicts of interest and, separately, a defamation lawsuit tied to public criticism of the project. None of this affects whether current reserves back current supply, but it’s relevant to how much institutional trust the project can sustain if political or legal pressure increases.

Where to Buy USD1 USD1 is listed on most major centralized exchanges as well as several DEXs:

Binance — deepest liquidity, multiple pairs including USD1/USDT and BTC/USD1 Coinbase — added USD1 support as part of WLFI’s push for mainstream accessibility Kraken, OKX, Bybit, Gate, MEXC, Bitget Raydium and PancakeSwap for on-chain swaps via Solana and BNB Chain respectively Self-custody wallets that support USD1’s underlying networks (MetaMask, Phantom, and similar) can hold the token directly using its contract address once added manually or through an exchange’s “add to wallet” integration.

Frequently Asked Questions What is USD1 stablecoin? USD1 is a US dollar-pegged stablecoin issued by World Liberty Financial, a company co-founded by members of the Trump family. It's backed 1:1 by cash and short-term US Treasury securities held through custodian BitGo Trust, with monthly reserve attestations and a real-time proof-of-reserves dashboard.

How do I buy USD1 stablecoin? USD1 trades on major exchanges including Binance, Coinbase, Kraken, OKX, and Bybit, as well as decentralized exchanges like Raydium and PancakeSwap. Create an account on a supported exchange, deposit funds, and trade for USD1 directly or swap another stablecoin like USDT or USDC for it.

Who owns USD1 stablecoin? USD1 is issued by World Liberty Financial, which is majority-owned by a Trump family business entity entitled to 75% of net token sale proceeds and a share of stablecoin profits. Reserves backing USD1 are held by custodian BitGo Trust Company, not by World Liberty Financial directly.

Which blockchain is USD1 on? USD1 runs natively on roughly ten blockchains, including Ethereum, BNB Chain, Tron, Solana, Aptos, and the Stripe-backed Tempo network. Cross-chain transfers use Chainlink's CCIP protocol rather than a single native chain.

Is USD1 safe? USD1 is backed by cash and short-term US Treasuries held with a regulated custodian and publishes monthly attestations, similar to USDC's model. It briefly depegged in February 2026 but recovered within 30 minutes with reserves confirmed intact. As with any stablecoin, it isn't deposit-insured or legal tender, and holders should weigh custodial and issuer-concentration risk before use.

Published Wed, Jul 8, 2026 · 09:16 PM

[NEW YORK] Bitcoin tumbled as renewed geopolitical tensions rattled digital asset markets, eclipsing what had been a muted reaction to Strategy Inc’s latest sale of the token earlier in the week.

The largest cryptocurrency fell more than 3 per cent to around US$61,691 on Wednesday (Jul 8) as tensions flared up once more between the US and Iran. The selloff picked up steam after US President Donald Trump said the tentative ceasefire with Iran was over, raising the prospect of renewed military conflict between the two countries. Other cryptocurrencies, including Ether and Solana, also fell.

Bitcoin later pared some of its losses and was trading at around US$62,100 in early morning New York.

“Bitcoin took a quick dive after Trump’s comments, as the market frets about further fuel-linked inflation and potential rate hikes to counter it,” said Caroline Mauron, co-founder of Orbit Markets. “We expect some support around US$61,500, but the market is likely to remain volatile as the geopolitical and macro situations develop.”

Brent crude advanced nearly 6 per cent to US$78.55 a barrel. Stocks extended declines, with the MSCI Asia Pacific Index dropping as much as 1 per cent and India’s Nifty 50 Index sliding 1.5 per cent. S&P 500 futures slid 1 per cent.

Trump’s comments came after the US carried out strikes on Iran, which followed attacks on commercial ships transiting the Strait of Hormuz. Both sides accused the other of violating the ceasefire.

Bitcoin had been looking stronger in July after a 20 per cent drop in June, its worst month in four years. The token is up about 5.5 per cent so far this month.

The cryptocurrency had been relatively resilient after Strategy – the Michael Saylor-founded company that has become the token’s largest corporate buyer – disclosed a US$216 million Bitcoin sale on Monday. Markets barely reacted to the news, a far cry from last month, when Strategy’s disclosure of its first Bitcoin sale since 2022 precipitated a selloff.

“A forced seller of that size not denting the market is a real signal worth noting,” said Sean Rose, an account executive at market intelligence firm Glassnode.

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Some long-term Bitcoin holders had also resumed buying before the latest Middle East flare-up, adding as many as 31,800 tokens per day to their holdings from June 20 to July 6, according to Glassnode. 

US-listed spot Bitcoin exchange-traded funds, meanwhile, have added more than US$500 million in three consecutive days of inflows. Investors had pulled more than US$4.5 billion from the funds in June, their worst month since launching in early 2024.

Still, Bitcoin remains down more than 50 per cent since reaching a high above US$126,000 last October. The upside, however, may be lower risk. Glassnode’s Bitcoin Risk Index fell to 0.56 on July 6 from its maximum reading of 1 at the start of the month, which Rose said is “a real de-risking signal.”

Another sign is emerging. Bitcoin has been shaken in recent months by long-term holders taking profit when the token starts to recover, but there are signs that opportunities to do so may be drying up. Net unrealised profit/loss now sits at 0.17, according to a report from Bitrue Research Institute, suggesting most Bitcoin holders have little profit left to take.

As for Strategy, traders may no longer be viewing its decisions with the same apprehension, after having withstood two recent sales. The company has also announced structural changes, which give it broader authority to preserve liquidity and sell Bitcoin when issuing new stock becomes less attractive. It also greenlit the repurchase of US$1 billion of its preferred securities and an additional US$1 billion of common stock.

By reorganising its balance sheet, Strategy “may have finally gotten out of its own way,” Jeff Dorman, chief investment officer at Arca, wrote in a report published on Monday.

The question remains whether Bitcoin’s brittle recovery this month can hold, particularly as geopolitical tensions continue to unsettle global markets. Financial institutions that have been drawn to digital assets are now increasingly looking at stablecoins and other uses of blockchain as ways of growing their presence in the sector instead.

“Institutions are not necessarily looking to take more directional exposure to tokens right now, but they are increasingly interested in using blockchain rails to make financial markets more efficient, programmable, and globally accessible,” said Boris Alergant, an executive at Babylon Labs. BLOOMBERG