Ethereum’s validator exit queue has fallen to zero. That means not a single validator is currently waiting to unstake their ETH, and anyone who wants out can leave essentially instantaneously.
Meanwhile, roughly 2.48 million ETH is sitting in the entry queue, waiting to get into staking. The wait time for those trying to enter is somewhere between 43 and 45 days.
A dramatic reversal from 2025’s exit rush Back in September 2025, the exit queue hit a peak backlog of approximately 2.67 million ETH. The decline from that peak to the current zero has been steep and decisive, with the queue dropping by more than 99.9% by early January 2026.
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The network handles roughly 256 ETH per epoch, with each epoch lasting about 6.4 minutes. That applies to both entries and exits. It’s a deliberate bottleneck designed to prevent sudden shocks to the validator set, but it also means that when demand to stake surges, the entry line gets very long very fast.
The bigger staking picture Approximately 40.9 million ETH is currently staked across roughly 885,000 active validators. That represents about 33.56% of the total ETH supply locked up and unavailable for immediate sale.
Every ETH that enters staking is one fewer ETH available on the open market. When combined with EIP-1559’s burn mechanism, which permanently removes a portion of transaction fees from circulation, the effective liquid supply of ETH keeps shrinking.
Ethereum-related ETFs have reportedly been pulling in significant daily inflows throughout mid-July 2026. Cumulative net inflows into Ethereum ETFs have reached approximately $10.48 billion.
What this means for investors There are risks worth watching. A 43-to-45-day entry queue means that if market conditions shift suddenly, new stakers can’t quickly deploy capital. And if something triggers another mass exit event like September 2025, the orderly queue system means validators can’t all leave at once, creating potential frustration during volatile periods.
The contrast with a year ago is stark. From 2.67 million ETH trying to exit to zero exits and 2.48 million trying to enter is a complete sentiment reversal.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum has staged a notable recovery from its June lows. It has reclaimed some important support levels and is now pushing toward a major technical barrier. While short-term momentum continues to favor buyers, the broader trend remains challenged by overhead resistance and a still-negative Coinbase Premium Index, suggesting institutional demand from U.S. investors has yet to fully return.
Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH has rebounded sharply after defending the $1.5K demand zone, where buyers repeatedly stepped in to halt the broader downtrend. The recovery has carried price back above the descending channel’s higher boundary.
The price is also approaching an important confluence of resistance. The descending trendline aligns closely with the 100-day moving average, while the 200-day moving average remains higher around the $2.2K region. These dynamic resistance levels reinforce the nearby horizontal supply zones at $2K and $2.4K. This confluence makes this area the primary obstacle before any larger bullish reversal can develop.
Momentum has also improved considerably, with the RSI climbing toward the upper half of its range, reflecting strengthening buying pressure without yet reaching overbought territory. As things stand, the path toward the $2K to $2.2K resistance area is open. Yet, a rejection from this zone would keep the broader bearish structure intact and increase the likelihood of another retracement back inside the channel and toward the $1.5K support zone.
ETH/USDT 4-Hour Chart The lower timeframe shows a much more constructive market structure. ETH has been producing higher highs and higher lows while respecting an ascending channel that has supported the advance throughout June and July.
After rebounding from the $1.7K short-term demand zone, the price accelerated toward the upper boundary of the large channel, where it is currently consolidating around $1.9K. This places ETH directly beneath a key resistance trendline that has capped rallies over the past several weeks.
The immediate support lies around $1.76K, where a previous resistance zone has flipped into support. Holding above this region and the short-term rising trendline would preserve the current bullish structure and keep the focus on another attempt to break above the channel resistance near $1.95K.
A successful breakout could trigger a continuation toward the psychological $2K level, while a loss of the ascending trendline would likely shift momentum back in favor of sellers and expose the $1.7K support area once again.
Sentiment Analysis The Coinbase Premium Index continues to paint a more cautious picture despite ETH’s recent price recovery. Although the metric has rebounded from its deeply negative readings seen earlier this summer, it remains below zero, indicating that Ethereum continues to trade at a discount on Coinbase relative to offshore exchanges.
Historically, sustained positive readings have reflected stronger buying activity from U.S.-based institutional participants. The current negative premium suggests that this segment of the market has not yet returned aggressively, even as price attempts to establish a short-term uptrend.
This divergence implies that the ongoing recovery is being driven primarily by broader market demand rather than strong institutional accumulation. A move back into positive territory would strengthen the bullish case and increase confidence that the current advance has sufficient underlying support to challenge the major resistance levels overhead.
Until then, traders should monitor the current breakout attempt with some caution, as weakening demand at resistance could still lead to another corrective move.
Euro stablecoins just hit an all-time high. As of May 13, 2026, the total market cap for euro-denominated stablecoins reached $774.2 million, a milestone that would have seemed ambitious just two years ago when the same market sat at roughly €50 million.
Ethereum is the clear winner in this story, accounting for 66.2% of the total euro stablecoin supply across all blockchains.
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MiCA did what regulators always promise and rarely deliver MiCA-compliant euro stablecoins grew 128% year-over-year, reaching $673.9 million in total supply.
Circle’s EURC is the dominant token in this cohort. It grew 109.8% to reach $430.4 million, and its market share of the euro stablecoin segment more than doubled between January 2025 and March 2026. EURCV posted even faster percentage growth at 180.6%, though it starts from a smaller base.
In January 2026, euro stablecoins were valued at approximately €450 million, already a dramatic jump from €50 million at the start of 2024. The market essentially grew ninefold in roughly two years.
What European banks entering the market could mean In September 2025, several major EU financial institutions including ING and UniCredit announced plans to collaboratively launch a euro stablecoin by the second half of 2026.
Dollar stablecoins like USDC and USDT still dwarf their euro equivalents by a wide margin in global volume, which means the gap between the two represents addressable market rather than ceiling.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
US spot Ethereum ETFs have recorded a third consecutive day of net inflows, giving ETH traders another sign that institutional demand is improving after a choppy stretch for the products.
Farside Investors data shows the Ethereum ETF group brought in $37.47 million in net inflows on July 21. BlackRock’s ETHA led the day with $52.79 million in net inflows, while Fidelity’s FETH posted $15.32 million in net outflows.
That split matters. The headline number was positive, but the flow picture was not evenly distributed across issuers. BlackRock continued to attract capital, while Fidelity saw money leave the product.
For Ethereum, the short-term message is still constructive. A third straight day of net inflows suggests demand is not isolated to a single session. But it is also too early to call it a durable trend.
TL;DR US spot Ethereum ETFs recorded $37.47 million in net inflows on July 21. BlackRock’s ETHA led with $52.79 million in inflows. Fidelity’s FETH saw $15.32 million in outflows, showing the demand is still uneven across issuers. Ethereum ETF Demand Is Improving, But Unevenly Ethereum ETFs have had a more complicated start than Bitcoin ETFs.
Bitcoin’s spot ETF launch quickly became one of the market’s dominant demand stories. Ethereum’s products have had to fight harder for attention, partly because ETH sits in a different part of the market structure. It is not only a monetary asset or store-of-value trade. It is also tied to staking, DeFi, stablecoins, Layer 2 networks, and smart contract activity.
That makes the ETF story more nuanced.
Investors are not just asking whether ETH is “digital gold.” They are asking whether Ethereum remains the core settlement layer for crypto finance and whether an ETF is the cleanest way to express that view.
A third day of inflows helps answer part of that question. It shows that investors are still allocating through the ETF wrapper, even after periods of weaker demand.
But the issuer split is important. BlackRock pulling in more than $50 million while Fidelity saw outflows suggests capital is concentrating around the largest and most liquid products. That is common in ETF markets. Larger issuers often attract the deepest flows because institutions prefer liquidity, brand familiarity, and tight trading conditions.
For smaller or less dominant products, that can make the competitive environment harder.
Why BlackRock’s ETHA Matters BlackRock’s ETHA remains one of the key products to watch because BlackRock has already shaped the Bitcoin ETF market.
When BlackRock’s Bitcoin ETF began attracting large flows, traders treated that as a major sign of institutional demand. The same logic applies to Ethereum, although the scale is different.
If ETHA continues to lead inflows, the market may start viewing BlackRock’s Ethereum product as the main institutional gateway into ETH exposure.
That would not automatically mean ETH price strength. ETF inflows are only one part of the market. Spot demand, derivatives positioning, staking dynamics, macro liquidity, and broader risk appetite all matter.
Still, ETF flows are visible, trackable, and easy for traders to use as a sentiment gauge.
That is why a positive three-day streak gets attention.
Fidelity Outflows Keep The Picture Balanced The Fidelity outflow is the part of the data that prevents the story from becoming too bullish.
A healthy ETF market can still have mixed flows across issuers. Money can move from one product to another, or investors can reduce exposure in one fund while adding elsewhere. But outflows from a major issuer show that demand is not broad-based across the full category.
That is a reminder to keep the data in proportion.
The Ethereum ETF group had a positive day. BlackRock led strongly. The streak extended. But this is not the same as saying all Ethereum ETFs are seeing synchronized demand.
The market will need more sessions before the trend becomes more convincing.
ETH Traders Need More Than Three Days For ETH traders, the key question is whether ETF demand can become persistent.
A few days of inflows can support sentiment, especially when they come during a market that is already watching institutional products closely. But sustained inflows over several weeks would carry more weight.
The ETF story also needs to be read alongside Ethereum’s broader fundamentals.
Ethereum transaction activity, Layer 2 usage, stablecoin settlement, DeFi liquidity, and staking demand all feed into the market’s long-term view of ETH. ETFs give traditional investors access to the asset, but they do not replace the need for Ethereum itself to remain useful on-chain.
That is why the ETF data is important but not complete.
For now, the July 21 inflow number is a positive signal. BlackRock’s ETHA continues to show institutional pull, and the group has extended its inflow streak to three days.
The next test is whether that demand can continue without relying on one issuer to carry the category.
This article is based on Farside Investors Ethereum ETF flow data and supporting SoSoValue ETF data.
This article was written by the News Desk and edited by Samuel Rae.
The Ethereum Foundation’s Protocol Security team is using coordinated AI agents to help scan protocol repositories and devnets for bugs, putting artificial intelligence deeper into Ethereum’s security workflow.
In a July 9 post titled “The Triage Is The Product,” Ethereum Foundation team member Nikos Baxevanis described how AI agent networks are being used to surface potential vulnerabilities, filter noisy findings, and support human security review.
The important detail is that the tools are not being presented as a replacement for auditors. The security problem is not just finding possible bugs. It is deciding which reports matter, which are false positives, and which need deeper review.
That is why the post’s framing is interesting. In Ethereum protocol security, triage itself is becoming part of the product.
TL;DR The Ethereum Foundation Protocol Security team is using AI agents to help scan protocol code and devnets. The focus is vulnerability triage, not replacing human auditors. The approach reflects how Ethereum security work is becoming more automated, but still human-led. Why Ethereum Security Is Different Ethereum security is not like ordinary application security.
The protocol secures a settlement layer used by exchanges, stablecoins, DeFi protocols, Layer 2 networks, and millions of users. A serious bug can have consequences far beyond a single app or company. That is why Ethereum’s security culture has always relied on layered review, bug bounties, audits, client diversity, testnets, formal reasoning, and public scrutiny.
Adding AI agents to that process makes sense, but it also creates a new challenge.
AI systems can scan large amounts of code quickly. They can detect suspicious patterns, compare logic across repositories, and generate hypotheses about bugs. That can help humans cover more ground.
But AI systems can also produce noise.
A tool that generates thousands of weak alerts is not useful unless someone can separate real vulnerabilities from irrelevant output. That is why triage matters. Security teams do not only need more findings. They need better prioritization.
The Ethereum Foundation post leans directly into that problem.
AI Can Expand Coverage, But Humans Still Decide The strongest use case for AI in protocol security is coverage.
Ethereum development involves multiple repositories, client implementations, devnets, specifications, and ongoing upgrades. Human reviewers are skilled, but time is limited. AI agents can act as a first layer of scanning, helping identify areas that deserve attention.
That does not mean the agents are trusted blindly.
In security work, a confident wrong answer can be dangerous. A vulnerability report needs to be checked, reproduced, ranked, and understood. False positives waste time. False negatives create risk.
That is why human review remains central.
The AI layer can help surface more possibilities. The human layer still decides what is real, what is urgent, and what needs to be escalated.
For Ethereum, that balance is particularly important because protocol changes can affect the network’s base assumptions. A poorly understood bug in consensus, execution, networking, or validator behavior is not something that can be handled casually.
Devnets Make The Process More Practical The mention of devnets is important.
Devnets give developers and security teams a controlled place to test upgrades before broader deployment. They are messy by design. Bugs, edge cases, and unexpected interactions can appear before code reaches wider testnets or mainnet.
AI-assisted scanning may be especially useful in that environment.
If agents can monitor devnets, compare behavior, or highlight potential regressions early, they can shorten feedback loops. That gives researchers more time to investigate issues before they become harder to fix.
This is not glamorous work. It is not a token launch or a consumer-facing app. But it is exactly the kind of infrastructure process that matters for Ethereum’s long-term reliability.
The market often focuses on price, fees, and ETF flows. Protocol security sits underneath all of that.
A More Automated Security Stack Ethereum is not the only ecosystem experimenting with AI-assisted security, but its approach carries weight because Ethereum remains the largest smart contract settlement layer.
If the Ethereum Foundation can show that coordinated agent workflows improve triage, other protocols may copy the model. Audit firms, bug bounty platforms, Layer 2 teams, and app developers are all looking for ways to use AI without lowering security standards.
The lesson is not that AI replaces auditors.
The lesson is that the security stack is becoming more automated at the edges. Scanning, alerting, pattern recognition, and early bug discovery can all become faster. The difficult judgment calls still need experienced humans.
That is probably the right balance.
Ethereum’s next major upgrades will continue to put pressure on client teams and protocol researchers. Better tooling can help them move faster without treating security as an afterthought.
The key is to keep the AI role properly bounded.
In Ethereum protocol security, the goal is not to generate more noise. It is to find the signals that matter before they become expensive.
This article is based on the Ethereum Foundation Protocol Security post “The Triage Is The Product.”
This article was written by the News Desk and edited by Samuel Rae.
The Ethereum Foundation has published a policy-focused guide aimed at governments, institutions, and public sector leaders, giving Ethereum a clearer educational entry point for non-technical decision makers.
The July 1 guide was released by the Foundation’s Global Policy Strategy team and frames Ethereum as neutral digital public infrastructure rather than simply a crypto asset or speculative network.
That distinction matters.
Policymakers often approach Ethereum through the lens of tokens, DeFi risk, stablecoins, or enforcement questions. The Foundation’s guide is designed to shift part of that conversation toward infrastructure: settlement, transparency, neutrality, programmability, and open access.
It is not an announcement of government adoption. It is not a partnership rollout. It is an educational resource. But it shows that Ethereum’s policy work is becoming more deliberate.
TL;DR The Ethereum Foundation has published a guide for governments and institutions. The guide frames Ethereum as neutral digital public infrastructure. It is an educational policy resource, not an announcement of formal government adoption. Ethereum Wants To Be Understood As Infrastructure Ethereum has always had a messaging challenge.
Inside crypto, users understand Ethereum as a smart contract platform, a settlement layer, a DeFi base, a token network, and an ecosystem for developers. Outside crypto, the picture is less clear.
To many policymakers, Ethereum may still look like a volatile asset market wrapped in technical language.
That is a problem if governments and institutions are trying to write rules for the network, use public blockchains, or understand where Ethereum fits alongside traditional financial infrastructure.
The Foundation’s guide attempts to close that gap.
By using the language of neutral digital infrastructure, Ethereum is being positioned closer to the internet, payment rails, public databases, and open financial standards. That framing is easier for policymakers to work with than a purely speculative asset narrative.
It also reflects how Ethereum is actually used.
Stablecoins settle on Ethereum and its Layer 2 networks. DeFi protocols rely on it for automated markets. Tokenized assets use its rails. Developers build financial and non-financial applications on top of it.
The ETH token matters, but the network is larger than the token.
Why Governments Need A Different Explanation Governments do not evaluate crypto the same way traders do.
A trader may ask whether ETH will outperform Bitcoin this quarter. A policymaker asks different questions: Who operates the network? Can it be censored? How transparent is it? What risks does it introduce? How does it interact with existing law? Can public institutions rely on it?
That is why educational material matters.
A policy guide gives officials a starting point that does not require them to understand every layer of Ethereum’s technical stack. It can explain why decentralization matters, how public infrastructure differs from private platforms, and why open networks create both benefits and risks.
This does not guarantee favorable regulation.
But it can improve the quality of the conversation.
Poorly informed policy often creates blunt rules that miss technical realities. Better education can help regulators distinguish between different types of activity: protocol infrastructure, wallet software, centralized intermediaries, DeFi applications, token issuers, and end users.
Ethereum has an incentive to make those distinctions clear.
Institutions Are Watching The Same Questions The institutional audience is just as important.
Banks, asset managers, payment companies, and market infrastructure firms increasingly study public blockchains. Some use private or permissioned systems. Others are testing tokenized assets on public networks. Many are still deciding how far they can go.
For those institutions, Ethereum’s neutrality is part of the appeal.
A public blockchain is not controlled by a single company. It can provide shared settlement infrastructure across multiple participants. But institutions also need comfort around compliance, security, finality, governance, and operational risk.
A non-technical guide cannot solve all of that, but it can make Ethereum easier to evaluate.
It gives policy teams, legal teams, and executives a more structured way to understand the network before they move into deeper technical analysis.
Education Is Becoming Part Of Ethereum’s Strategy The guide also shows how Ethereum’s strategy has matured.
The Foundation is not only funding protocol research or developer tooling. It is also working on policy literacy. That matters because the next stage of crypto adoption will be shaped heavily by regulation and institutional comfort.
Ethereum’s role in that future is not guaranteed.
Other networks are competing for stablecoins, tokenization, payments, gaming, DeFi, and consumer applications. Governments may prefer permissioned systems. Institutions may choose private ledgers. Regulators may impose rules that make public-chain use harder.
That is why Ethereum’s policy argument needs to be clear.
The Foundation is trying to explain why an open, neutral, programmable settlement layer has value beyond speculation.
Whether governments and institutions agree is another question.
But the guide gives Ethereum a more polished entry point into those conversations, and that is useful at a time when public blockchains are moving closer to mainstream financial and policy debates.
This article is based on the Ethereum Foundation Global Policy Strategy guide for governments and institutions.
This article was written by the News Desk and edited by Samuel Rae.
Tom Lee, the head of research at Fundstrat, believes that AI-related capital is shifting towards Ethereum rather than memory chip manufacturers. Over one month, ETH gained 24% while the Roundhill Memory ETF, or DRAM, fell by 38%.
En bref Tom Lee refers to an “AI downstream trade” that, in his view, favors Ethereum. Over the past month, the spread between ETH and the DRAM ETF has reached 7,200 basis points. For now, this thesis is based on performance, not on proven capital flows. Why Tom Lee talks about a rotation of AI towards Ether The market has already begun to treat Ether as a more cyclical asset than before. Tom Lee relies on this same strength to support his view.
In his post shared by Cryptopolitan, he observes a gap of 7,200 basis points between ETH and the Roundhill Memory ETF over one month.
Lee’s message is simple. When ETH advances 24% and DRAM falls 38%, he sees a shift of the “AI downstream trade” towards Ethereum. In other words, the capital that benefited from the AI infrastructure boom would be looking for a relay further down the value chain.
Tom Lee wrote on X: “The AI downstream trade continues to strengthen. Over one month, ETH outperformed the Roundhill Memory ETF (DRAM) by 7,200 basis points.”
This interpretation gives Ethereum a place in the AI narrative without reducing it to a mere speculative asset. It also has a clear limitation. Tom Lee does not show inflows towards ETH here, he only shows a performance gap between two assets operating in very different universes.
The memory chip ETF is not a perfect thermometer for AI DRAM is not an ETF like others. The fund, launched on April 2, 2026, presents itself as the first ETF entirely dedicated to memory manufacturers, notably DRAM, NAND, and high-bandwidth memory, or HBM. It thus serves as a proxy for part of the AI infrastructure, not for the entire sector.
The problem is that memory component prices do not always tell the same story as stocks. TrendForce predicted, on July 3, an increase of 13% to 18% in contractual DRAM prices in the third quarter of 2026, as well as a 10% to 15% increase in NAND Flash prices. IDC, for its part, still anticipates $758 billion in global AI-related spending by 2029. Thus, the fund remains promising, even if the DRAM ETF fell in the observed period.
In other words, the decline in the memory fund does not prove an exodus from AI. It may also reflect profit-taking, sector reallocations, or a simple rebalancing after a too rapid phase. Here again, Tom Lee reads a capital movement. The visible data mainly shows a difference in stock market behavior.
Why Ethereum still benefits from the AI narrative The case remains interesting for another reason. Ethereum is no longer limited to decentralized finance alone. Its settlement layer, its capacity to carry tokenization, and its role as on-chain infrastructure give it a new macro reading, especially when investors seek concrete uses beyond mining and trading.
Cryptopolitan also recalls that Lee sees Ethereum as a network likely to benefit from the growing AI needs in decentralized settlement, tokenization, and digital infrastructure. This thesis does not depend solely on the price of Ether. It also depends on the network’s ability to remain relevant when liquidity cycles change.
The market likes this type of narrative because it links two powerful themes, AI and crypto. However, one must not confuse narrative and evidence. For now, Ethereum mainly benefits from a favorable context, renewed interest in crypto ETFs, and a return of the programmable assets theme.
In short, Tom Lee’s interpretation says something useful about the market, but not yet about the flows themselves. ETH benefits from a broader narrative, memory remains under stock market pressure, and the rotation thesis towards Ethereum needs more solid data to be validated.
At this stage, the subject is still read as a market signal, not as definitive proof. To extend the reflection, Cointribune also covered tokenization as the next major project of finance.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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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.
An ascent to $2,400 or crash to $1,000: what comes next for ETH?
The second-largest cryptocurrency has staged a minor resurgence in the past few days, yet certain bullish signals suggest it could be on the verge of a further rally.
Analysts speculate that the price may soon surpass $2,300, while others warn that a potential drop to as low as $1,000 might also be on the way.
Exodus From Exchanges and More The popular analyst Ali Martinez revealed that investors have withdrawn roughly 1 million ETH (worth almost $2 billion) from centralized platforms over the last 30 days. A deeper look on CryptoQuant shows that the total figure has plummeted to around 15.1 million, marking the lowest level in the past 10 years.
ETH Exchange Reserve, Source: CryptoQuant Such action is usually considered an optimistic sign for the cryptocurrency, with Martinez explaining:
“Falling exchange balances typically point to reduced sell-side pressure, a trend that supports Ethereum’s bullish outlook.”
Another positive development surrounding the asset is the return of institutional interest. According to SoSoValue, inflows into spot ETH ETFs have been dwarfing outflows on most days this month, meaning that conservative investors like pension funds and hedge funds have increased their exposure, forcing BlackRock, Fidelity, VanEck, Franklin Templeton, and other financial behemoths to back the shares with real ETH.
Spot ETH ETFs, Source: SoSoValue Institutions aren’t the only ones ramping up their interest in the asset, as earlier this week, Arthur Hayes (co-founder of BitMEX) spent over $2.5 million to purchase 1,332 units.
The Latest Forecasts $2,300 appears to be a common short-term target outlined by multiple analysts. According to Ali Martinez, an increase of that magnitude is possible after the formation of a double bottom on ETH’s price chart and as long as the asset holds the $1,850 level.
You may also like: Franklin Templeton Exec Calls Agentic AI Crypto’s ‘Killer Use Case’ as ETH Nears $2K Ethereum Reclaims 10% Market Dominance as ETH Outperforms Top Cryptocurrencies Wrapped Ethereum Just Logged a Five-Year Whale Record: Here’s Why It Matters for ETH For their part, KALEO envisioned a pump to $2.3K by mid-August, which could then be followed by a major drop to $1,200 and a revival in October.
Crypto Patel also gave their two cents. The analyst described a potential surge to $2,160-$2,400 as a likely scenario, going even further to predict a possible explosion to as high as $10,000 in the event of a confirmed close above $2,400. At the same time, they suggested that a rejection from the depicted range may open the door to a whopping crash to $1,500-$1,000.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Market analyst Jordi Visser believes the next major cryptocurrency rally may depend on the return of a familiar force: retail investor enthusiasm.
Visser argues that the market is still missing the speculative energy that typically drives the final stages of major bull cycles.
In his view, Dogecoin (DOGE) is one of the clearest indicators of whether retail investors are returning.
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“The crypto advance continues with my 40 name ecosystem index closing above the mid-June highs and BTC just below,” Visser wrote.
“I am still looking for a true ecosystem breakout to need the energy from retail best seen from DOGE which had a record 65th close below the 20 day moving average.”
Visser’s thesis is not that Dogecoin directly controls the direction of Bitcoin or the entire crypto market.
Beyond Bitcoin Visser’s argument centers around his Crypto Financial Rails 40 Equal Weight Index, which is a basket that tracks the performance of the crypto ecosystem.
The index includes 40 crypto-related companies, protocols, and assets.
According to the performance chart shared by Visser, the Crypto Financial Rails 40 has outperformed both Bitcoin and Dogecoin in 2026.
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The index started the year at a level of 100 and fell sharply during the January and February market downturn, However, it recovered through the spring.
DOGE remained significantly weaker at approximately 57–58 than BTC and the broader index.
This clearly shows that retail-driven speculation has not yet returned.
Dogecoin’s longest streak below the 20-day moving average DOGE’s prolonged weakness relative to its short-term trend is truly staggering.
A 20-day moving average tracks the average closing price of an asset over the previous 20 trading days and is commonly used by traders to measure momentum.
When an asset consistently trades above the 20-day moving average, it usually indicates stronger buying pressure.
DOGE has now recorded its longest continuous streak of daily closes below its 20-day moving average.
On July 21, DOGE closed at approximately $0.0735, around 0.8% below its 20-day moving average.
The token had remained below that level for 65 consecutive days.
During this period, DOGE declined approximately 29.4%.
However, the current streak is not the most severe downturn historically. A previous 57-day period between January and March 2025 resulted in a much larger decline of about 50.7%.
The difference is that the current weakness is notable because of its duration.
At first glance, DOGE’s poor performance appears negative.
Despite its prolonged weakness, Dogecoin has recently shown signs of stabilization.
The token is trading near $0.072. However, the asset has yet to produce the type of explosive breakout associated with previous meme coin cycles.
Dogecoin is currently defending a significant support level near $0.0711 as technical signals point to a potential shift in market momentum. The memecoin is navigating a multiyear bullish divergence while trading at a zone that has historically marked important turning points, according to market analysts.
Technical patterns shape outlookAnalyst Surf identified a hidden bullish divergence on the Dogecoin chart, noting that the coin has created a higher low in price between June 2022 and June 2026, while its monthly relative strength index (RSI) has moved to a lower low during the same period. This divergence indicates that the downward momentum may have compressed more rapidly than price itself, often seen as a precursor to a resumption of an uptrend within technical analysis.
Momentum has faded more than price in recent years, which can sometimes lead to the continuation of a broader upward trend. The current setup suggests a long-term structural opportunity, though it does not guarantee that a reversal has already begun.
Still, technical confirmation will require DOGE to maintain its rising support over multiple years and break above resistance levels nearby. Should the support fail, the underlying bullish divergence would be invalidated, increasing the risk of further losses and weakness in the price.
Key Gann level in focusDogecoin is also encountering the $0.0711 threshold on the Gann Square of 9, a technical indicator often used by traders to forecast market turning points and support/resistance levels. Analyst Cantonese Cat pointed out that DOGE has repeatedly responded to various Gann-derived levels throughout its 2021 to 2026 bear market.
Mini dictionary: Gann Square of 9, a technical analysis tool created by W.D. Gann, is used to identify likely support and resistance levels by plotting prices on a spiral grid based on square root calculations.
If Dogecoin successfully holds the $0.0711 support level, analysts believe it could stage a rebound targeting the next resistance levels at $0.0865 and $0.1051. However, chart observers caution that these Gann-based signals do not confirm market direction by themselves; DOGE would still need to regain both resistance levels before a broader trend reversal is evident.
LevelTypeImplication if held$0.0711Gann Key SupportRebound target at $0.0865, potential shift in momentum$0.0865Gann ResistanceConfirms partial reversal if broken$0.1051Gann ResistanceConfirms broader downtrend weakening if reclaimed$0.0585Next SupportRisk of further decline if $0.0711 breaks$0.0482Lower SupportAdditional downside if trendline failsConversely, if DOGE breaks down below $0.0711 in a sustained manner, the focus would shift to additional support levels near $0.0585 and $0.0482, which have been calculated based on similar Gann methodology.
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.
Dogecoin (CRYPTO: DOGE) has closed below its 20-day moving average for a record 65 straight sessions, prompting veteran Wall Street investor Jordi Visser to argue that retail investors have yet to return to the crypto market.
What The 65-Day Record Actually MeansDOGE closed July 21 at $0.0735, sitting 0.8% below its 20-day moving average and marking its 65th straight session below that level, according to Visser’s data.
The previous record was 57 days between January and March 2025, a stretch that saw DOGE fall more than 50%.
The current streak started May 18 and has pushed DOGE down approximately 29.4%, with the deepest pullback reaching 18% below the moving average.
Visser said the weakness points to one thing: retail has not come back, and without that energy, the broader ecosystem rally stays incomplete.
Is A Monthly Signal Flashing A Reversal?Trader Tardigrade flagged the monthly Stochastic RSI hitting oversold on DOGE and pointed out the setup is identical to 2022, when the same signal bottomed and preceded a significant rally.
He argued the indicator has never failed to produce a major move from this level and suggested a new high is loading.
Where Does DOGE Stand Technically?DOGE slips to $0.07257, grinding along the $0.07 demand zone that has been tested repeatedly through July.
The Supertrend indicator remains firmly bearish at $0.07977, a level price has not challenged since June, with every major EMA stacked overhead as resistance.
However, derivatives volume fell 32% to $703 million and open interest sits near multi-year lows at $1.11 billion according to Coinglass, meaning traders are quietly stepping away right as price tests its most critical support.
What makes it worse is the positioning. Long/short ratios on OKX sit at 4.88 and Binance at 2.56, so the crowd is heavily betting on a bounce that has not arrived.
Long liquidations hit $847,000 in 24 hours against just $129,000 in short liquidations, with shorts barely touched, confirming sellers are comfortable and in control at current levels.
Key levels for DOGE: $0.07394 — 20-day EMA, first resistance above $0.07977 — Supertrend, the level that needs to flip for any structural change $0.0700 — demand zone floor being tested repeatedly $0.0600 to $0.0580 — next support zone if $0.0700 breaks Photo: alfernec on Shutterstock.com
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Dogecoin approached a decade-long ascending support trendline in July 2026, drawing renewed attention to its historical price patterns. The popular meme coin traded near $0.073 as traders closely watched whether this key technical zone would once again serve as a foundation for a potential recovery.
Key support from previous Dogecoin market cyclesTechnical analyst Trader Tardigrade identified the monthly chart’s ascending trendline as a significant marker, noting that Dogecoin tested this same support during 2017 and again in 2020. On both occasions, the token posted notable rallies after bouncing from this long-term floor.
Dogecoin’s latest return to this area in 2026 comes nearly ten years after its initial trendline interaction. Historical chart analysis marked each contact with upward arrows and increasingly prominent yellow bars, suggesting that previous touchpoints preceded major advances.
“The pattern repeats. The next pump is loading,” the analyst posted, highlighting the trendline’s influence on past cycles.
The token traded in a narrow band between approximately $0.070 and $0.076 while the monthly support trendline was tested. Market data placed Dogecoin near $0.073, with multiple long-term support indicators aligning in this region. Maintaining this range could help preserve the broader upward structure seen on multi-year charts.
Mini dictionary: Trader Tardigrade, an independent technical analyst active on social media, is known for tracking long-term support and resistance structures on cryptocurrency price charts. His analyses often reference historical patterns and trendlines in digital asset markets.
Technical indicators signal cautious optimismOn the daily timeframe, Dogecoin traded at $0.0731, reflecting a small sessional decline of 0.4%. The price remained below the midpoint of the Bollinger Bands at $0.0739, pointing to subdued buying momentum. Despite this, the lower Bollinger Band, positioned at $0.0701, continued to cushion recent price dips.
The token recorded a modest bounce after revisiting the $0.070 level earlier in July. Market observers noted that a move above $0.0777 would not only place Dogecoin above the upper Bollinger Band but could also pave the way for a push toward $0.08—a threshold not yet reclaimed.
IndicatorValue / StatusKey LevelCurrent price$0.0731–Bollinger Band (mid)$0.0739ResistanceBollinger Band (lower)$0.0701SupportDaily resistance$0.0777Breakout neededRecovery target$0.08Potential upsideTraders cautioned that a close below $0.070 could increase downside risk by opening the path to lower price supports. As such, price action within the current channel is seen as crucial for both short-term direction and the preservation of the long-term uptrend.
Momentum indicators reflected tentative signs of recovery. The MACD line remained above its signal line, and the histogram stayed in positive territory, suggesting growing bullish momentum following the earlier July slide. However, both MACD lines remained beneath the zero threshold, tempering optimism regarding a sustained upward move.
A confirmed breakout above $0.0777 is viewed as a critical development that could signal a stronger rebound and help reestablish momentum for the price toward the $0.08 level.
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.
Cardano wallet SecondFi is shutting down after a software exploit allowed attackers to steal 16.1 million ADA ($2.4 million) from 374 wallets.The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data.SecondFi will release wallet export tools in early August and a recovery portal later that month, though no distribution date for recovered funds is set.Cardano wallet SecondFi is winding down after attackers exploited a flaw in its transaction signing software to steal 16.1 million ADA, worth roughly $2.4 million, from 374 wallets.
The service, which replaced EMURGO’s Yoroi wallet, said it will not resume normal operations despite patching the vulnerability.and at the time securing 129 million ADA before attackers could reach the funds.
The flaw allowed attackers to derive private key material from transaction data visible on the Cardano blockchain, SecondFi said. The Cardano network itself was not compromised, and hardware wallet users were not affected.
Groom Lake, the blockchain intelligence firm hired by EMURGO, found that the main attacker was sophisticated and well-funded. Some indicators point to North Korea’s Lazarus Group, though no attribution has been confirmed, the firm said.
A separate attacker targeted another set of wallets during the same period.
SecondFi expects to release wallet export tools in early August and a zero-knowledge recovery portal later that month. EMURGO has funded an asset recovery wallet, but no firm distribution date has been given.
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Crypto Flows, Share and the Selective Rotation
Crypto Flows, Share and the Selective Rotation
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
5 hours ago
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
SecondFi, a Cardano wallet provider that succeeded EMURGO’s Yoroi wallet, is shutting down after a critical software vulnerability enabled attackers to steal 16.1 million ADA, valued at $2.4 million, from 374 user wallets. The company confirmed that the breach allowed bad actors to derive sensitive private keys directly from blockchain transaction data, enabling unauthorized access to users’ funds.
Details of the exploitSecondFi stated that the vulnerability was found in the transaction signing software, which failed to securely protect key material. This flaw made it possible to reconstruct users’ private keys using information displayed in Cardano blockchain transactions. Notably, the Cardano blockchain itself remained uncompromised and unaffected by the incident, and users of hardware wallets did not face any risk due to the isolation provided by secure devices.
The platform managed to secure 129 million ADA before attackers could reach those funds, helping to reduce the impact of the breach. Normal wallet operations have been discontinued, as SecondFi confirmed that it does not intend to resume business despite fixing the software error.
Groom Lake, a blockchain intelligence firm retained by EMURGO, investigated the incident and concluded that the primary attacker showed a high degree of sophistication and access to substantial resources. While some indicators suggested links to North Korea’s Lazarus Group, Groom Lake stated there is no definitive confirmation of attribution at this time.
A secondary attacker also exploited the vulnerability, targeting a separate set of wallets during the same breach period. SecondFi provided assurances that hardware-stored wallets had no exposure to these attacks.
Mini dictionary: Groom Lake, a blockchain security and intelligence firm specializing in forensic investigations and threat attribution for on-chain exploits. The firm was chosen by EMURGO to analyze the SecondFi security breach.
SecondFi described the breach as originating from a weakness in its transaction signing software, which let attackers reconstruct private key material and compromise user accounts, but emphasized that hardware wallet users were not affected.
User support and next stepsSecondFi plans to release wallet export tools in early August, enabling users to safely retrieve and transfer their Cardano holdings. In addition, a zero-knowledge recovery portal is scheduled for launch later in the same month to facilitate a privacy-preserving recovery process for affected users.
EMURGO, the blockchain technology company that initially developed the Yoroi wallet and later transitioned to SecondFi, has funded an asset recovery wallet. However, SecondFi has not announced any specific timelines for the return of lost ADA, and the distribution date for recovered assets remains undetermined.
The Cardano blockchain was not compromised by these exploits, and users employing hardware wallets face no risk from this vulnerability, SecondFi reported.
A separate attacker who used the same exploit also targeted wallets during the breach period. SecondFi stated that coordination with blockchain security partners and the broader Cardano community is ongoing as they work toward mitigating further fallout from the incident.
Wallet typeAffected by breachSoftware wallet (SecondFi)YesHardware walletNoSecondFi’s decision to shut down comes as the company continues to collaborate with stakeholders to deliver support tools for users and investigate the source of the incident.
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.
Cardano [ADA] is in the middle of new security concerns after a mammoth SecondFi exploit worth $2.4 million. However, ADA traders don’t seem shaken at all!
SecondFi shuts down after 16.1 million ADA theft SecondFi is winding down after attackers stole 16.1 million ADA, worth about $2.4 million, from 374 wallets. The breach came from a flaw in the wallet’s transaction-signing software.
The flaw allowed attackers to derive private key material from transaction-signing data, giving them access to affected wallets. Importantly, the Cardano network was not breached, and hardware wallet users were unaffected.
…given the gravity of this event and as previously announced, we have made the difficult decision to wind down SecondFi and Yoroi wallet.
SecondFi patched the vulnerability and secured 129 million ADA before attackers could reach it, but the service will not return to normal operations. It plans to release wallet export tools in early August, followed by a zero-knowledge recovery portal later that month.
Blockchain intelligence firm Groom Lake found signs that may point to North Korea’s Lazarus Group, but no link has been confirmed. A separate attacker also targeted other wallets during the same period.
ADA holds, derivatives traders keep positions open ADA was trading near $0.17 at the time of writing, with no notable sell-off after news of the SecondFi wallet theft. On the daily chart, the token was at $0.1725, down only slightly during the session. ADA had already pulled back from its early-July rise toward $0.19, but has since recovered and stayed steady.
The RSI indicated balanced pace, with a modest positive tilt.
Source: TradingView The derivatives numbers look similarly unbent. Aggregated Open Interest rose to above $210 million before settling near $206.3 million. Meanwhile, the Average Funding Rate proved that long traders were still willing to pay to keep their positions open.
Source: Coinalyze Traders have not rushed to reduce leveraged exposure following the exploit; however, they seem measured in their approach.
Just an isolated wallet issue? The exploit exposed private key material, affected 374 wallets, and led SecondFi to shut down. The involvement of a second attacker and the possible [but unconfirmed] Lazarus Group link add to things.
While there is no evidence that the vulnerability extends beyond SecondFi, the incident highlights the importance of continued security reviews across the wider Cardano wallet ecosystem.
Final Summary SecondFi is shutting down after a signing flaw led to the theft of 16.1 million ADA. ADA held its price, there was no broad bearish reaction.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
US Senator Cynthia Lummis: In the coming days, she will continue to push for a bipartisan agreement on the CLARITY Act to enact it into law.
US Senator Cynthia Lummis released a statement thanking her Democratic colleagues for their key contributions to the new draft of the CLARITY Act, and pledged to continue pushing for an agreement in the coming days to get the bill enacted into law. Lummis noted that consumer protection and supporting innovation are not mutually exclusive, adding that the draft demonstrates both goals can be achieved simultaneously. Earlier reports indicated that Senate Republicans unveiled the new version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to ban officials including the U.S. president, vice president, members of Congress, federal judges, and their spouses from receiving compensation via issuing or sponsoring digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Restricted officials must also sell their crypto assets and investments in crypto-related firms, or place them in blind trusts over which they have no control; sales of crypto assets exceeding $1,000 are required to be disclosed.
3 hours ago
The CLARITY Act adds, for the first time, provisions restricting the president and government officials from profiting through crypto assets.
According to CNBC, the new CLARITY Act under consideration by the U.S. Senate would ban the president and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. Republican lawmakers updated the bill’s text on Wednesday, adding for the first time provisions restricting the president from profiting from crypto assets, with the rules applying to both the president and other federal officials. The CLARITY Act is designed to be the U.S.’s first comprehensive piece of legislation regulating the digital asset market, and remains pending in the Senate.
3 hours ago
The revised CLARITY Act has been officially released, prohibiting the president and government officials from issuing or sponsoring crypto assets for profit.
Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released a revised version of the CLARITY Act following a briefing call with industry stakeholders. The ethics framework in the revised bill was developed by the White House in consultation with Republican Senators Cynthia Lummis and Bernie Moreno, and has not yet secured Democratic backing. The new text would bar U.S. officials—including the president, vice president, members of Congress, federal judges—and their spouses from earning compensation during their terms via issuing or sponsoring digital assets; these provisions are set to expire on January 20, 2029. Covered officials must sell their crypto assets and investments in crypto firms, or place them in blind trusts over which they have no control, with sales of crypto assets exceeding $1,000 requiring disclosure. The U.S. Department of Justice would be granted civil enforcement authority for ethics violations, including prosecuting trading platforms that knowingly operate banned tokens. However, Democrats oppose granting the DOJ sole enforcement power without extending authority to state attorneys general, and the relevant provisions could still be adjusted in the coming days. The revised bill retains the BRCA and Keep Your Coins Act, clarifying that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for maintaining decentralized networks, while safeguarding individuals’ right to self-custody of crypto assets. Stablecoin provisions remain unchanged: interest on idle payment stablecoin balances is banned, but rewards tied to actual activities like trading or staking are permitted.
3 hours ago
Report: Crypto industry contributes $55 billion to U.S. economy, directly employs 34,000 people
The US National Cryptocurrency Association released a report stating that the US crypto industry directly employs 34,000 people; when including jobs supported by supplier industries and consumer spending of related workers, total employment in the sector is roughly 232,000. The report projects that by 2026, the industry will contribute over $55 billion to US GDP, with around $31 billion flowing to workers as labor income. Of the 232,000 supported jobs, approximately 75,000 come from supplier industries, and another 123,000 are driven by household spending of related employees. These figures are based on multiplier effects from input-output models and do not represent direct hires by crypto firms. Among the 34,000 direct roles, software, blockchain, and data engineering positions are the most numerous, at about 10,100. Regionally, California and New York support 57,649 and 53,766 jobs respectively, totaling over 111,000; Texas accounts for roughly 26,536 jobs. The 12 US heartland states defined in the report collectively support around 17,000 jobs. The report was commissioned and funded by the National Cryptocurrency Association, with analysis conducted by Pragmatic Policy Group. Its estimates are based on the US Bureau of Economic Analysis’ 2024 input-output tables and $23.22 billion in crypto industry revenue data, with model assumptions incorporated into occupational structure and industry mapping.
3 hours ago
The development company behind Pump.fun is hiring a Growth Marketing Lead, offering a base annual salary of up to $1 million.
Baton Corporation, the developer behind Pump.fun, is hiring a Head of Growth Marketing, with a base annual salary of $400,000 to $1,000,000 plus performance-based incentives. Pump.fun founder Alon noted that the platform has grown to become one of the largest in the crypto industry with almost no paid marketing. The company’s next goal is to transition Pump.fun from a crypto-native product to the mainstream market, targeting an application with hundreds of millions of users. The role requires candidates to have hands-on experience in consumer app growth, a proven track record managing multi-million dollar marketing budgets, and familiarity with strategies including digital advertising, user-generated content (UGC), and short-form video clips.
3 hours ago
灰度：若美联储不再加息，比特币或已触底
Zach Pandl, head of research at Grayscale, wrote in a post that the market currently holds two main views on when Bitcoin’s bear market will end: one is adherence to the "four-year cycle" theory, and the other is viewing Bitcoin as a mature asset driven by macroeconomic factors. The "four-year cycle" theory holds that halving events remain the core driver of Bitcoin’s price cycles. Historically, Bitcoin has typically bottomed roughly one year after a cycle peak and about 2.5 years after a halving, with an average cumulative drawdown of around 80%. Based on this pattern, Bitcoin could still decline further in the current cycle and form a bottom in September or October. The other view argues that Bitcoin’s price will, like other major assets, be more influenced by economic growth, real interest rates, and changes in Federal Reserve policy going forward. Past Bitcoin bear markets have typically coincided with slowing economic growth or rising real interest rates, and this current downturn has unfolded against a backdrop of rising rate hike expectations and climbing real interest rates. Pandl noted he leans more toward the macro-driven view. If the Fed stops raising interest rates and economic growth remains stable, Bitcoin’s price may have already bottomed.
A bug that sat quietly in Zilliqa’s Ledger hardware wallet app for seven years just went from dormant to devastating. The flaw, present in every version of the app since its 2019 launch, allowed attackers to recover users’ private keys from publicly available on-chain data.
Zilliqa detected active exploitation on July 19, 2026. Two days later, the team isolated the root cause and immediately suspended all native ZIL transactions.
What went wrong, and for how long The vulnerability lives in how the Ledger app generates nonces for EC-Schnorr signatures during native ZIL transactions. The most significant 64 bits of the ephemeral nonce were fixed at zero, stemming from a mishandling of a 32-byte copy from a 40-byte randomness buffer.
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That partial predictability is a death sentence for cryptographic security. An attacker with access to just five or more affected signatures, all of which are visible on-chain to anyone who cares to look, could use a technique called lattice reduction to mathematically reverse-engineer a user’s private key.
This is not a flaw in Zilliqa’s blockchain itself, nor in Ledger’s core hardware security. It’s a bug in the companion app, the software layer that connects the Ledger device to the Zilliqa network. Zilliqa’s SDKs, including zilliqa-js, gozilliqa-sdk, and pyzil, remain completely unaffected. EVM-compatible transactions processed through the Ledger are also fine, since those use a different signing routine.
The fallout so far Upbit, one of the largest crypto exchanges in South Korea, designated ZIL as a cautionary asset and halted both deposits and withdrawals. Other exchanges are reportedly monitoring the situation.
Zilliqa’s response has been a mix of crisis management and damage control. The team confirmed the root cause was isolated on July 21, and they are now collaborating directly with Ledger to develop a fix.
The company has been explicit in its guidance to affected users. Compromised keys need to be retired entirely, not transferred. If an attacker has already derived your private key, they can front-run any transfer you attempt. The recommended path is to generate entirely new keys through a secure method and treat the old ones as permanently burned.
What investors should watch The immediate concern for ZIL holders is whether the suspension of native transactions will be brief or prolonged. A fix requires coordination between Zilliqa and Ledger. Until a patched app is released, audited, and verified, native transactions will likely remain frozen. With Upbit already halting deposits and withdrawals, trading volumes for ZIL are under pressure from multiple directions simultaneously.
For anyone holding ZIL on a Ledger device, the priority is straightforward: do not attempt to move funds using the compromised app. Wait for official guidance from Zilliqa on the key retirement process.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.
“The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer’s private key,” Zilliqa said in a Wednesday X post.
Zilliqa said protective measures are in place to prevent further losses and that a coordinated remediation plan is being finalized. Users who signed at least five native Zilliqa transactions with a Ledger device are considered compromised and are advised to await further guidance before taking any action.
The warning comes after Zilliqa on Monday asked exchanges to temporarily pause Zilliqa (ZIL) deposits and withdrawals after identifying a security vulnerability that resulted in the theft of an undisclosed amount of ZIL from a cold wallet.
Zilliqa said it will publish a corrected version of the app in coordination with Ledger. It said that users transacting ZIL through EVM-compatible tooling were not affected.
The ZIL token fell 1.5% in the past 24 hours and 17% over the past week, to trade above $0.0024 at publication, according to CoinMarketCap.
Magazine: How a ‘Wrong Number’ message turned into a $3.4M crypto scam
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.
Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.
“The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer’s private key,” Zilliqa said in a Wednesday X post.
Zilliqa said protective measures are in place to prevent further losses and that a coordinated remediation plan is being finalized. Users who signed at least five native Zilliqa transactions with a Ledger device are considered compromised and are advised to await further guidance before taking any action.
The warning comes after Zilliqa on Monday asked exchanges to temporarily pause Zilliqa (ZIL) deposits and withdrawals after identifying a security vulnerability that resulted in the theft of an undisclosed amount of ZIL from a cold wallet.
Zilliqa said it will publish a corrected version of the app in coordination with Ledger. It said that users transacting ZIL through EVM-compatible tooling were not affected.
The ZIL token fell 1.5% in the past 24 hours and 17% over the past week, to trade above $0.0024 at publication, according to CoinMarketCap.
Magazine: How a ‘Wrong Number’ message turned into a $3.4M crypto scam
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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
US Senator Cynthia Lummis: In the coming days, she will continue to push for a bipartisan agreement on the CLARITY Act to enact it into law.
US Senator Cynthia Lummis released a statement thanking her Democratic colleagues for their key contributions to the new draft of the CLARITY Act, and pledged to continue pushing for an agreement in the coming days to get the bill enacted into law. Lummis noted that consumer protection and supporting innovation are not mutually exclusive, adding that the draft demonstrates both goals can be achieved simultaneously. Earlier reports indicated that Senate Republicans unveiled the new version of the CLARITY Act following a briefing call with industry stakeholders. The revised text proposes to ban officials including the U.S. president, vice president, members of Congress, federal judges, and their spouses from receiving compensation via issuing or sponsoring digital assets while in office; the relevant provisions will remain in effect until January 20, 2029. Restricted officials must also sell their crypto assets and investments in crypto-related firms, or place them in blind trusts over which they have no control; sales of crypto assets exceeding $1,000 are required to be disclosed.
3 hours ago
The CLARITY Act adds, for the first time, provisions restricting the president and government officials from profiting through crypto assets.
According to CNBC, the new CLARITY Act under consideration by the U.S. Senate would ban the president and other federal officials from issuing or sponsoring cryptocurrencies and other digital assets. Republican lawmakers updated the bill’s text on Wednesday, adding for the first time provisions restricting the president from profiting from crypto assets, with the rules applying to both the president and other federal officials. The CLARITY Act is designed to be the U.S.’s first comprehensive piece of legislation regulating the digital asset market, and remains pending in the Senate.
3 hours ago
The revised CLARITY Act has been officially released, prohibiting the president and government officials from issuing or sponsoring crypto assets for profit.
Crypto journalist Eleanor Terrett reported that U.S. Senate Republicans have released a revised version of the CLARITY Act following a briefing call with industry stakeholders. The ethics framework in the revised bill was developed by the White House in consultation with Republican Senators Cynthia Lummis and Bernie Moreno, and has not yet secured Democratic backing. The new text would bar U.S. officials—including the president, vice president, members of Congress, federal judges—and their spouses from earning compensation during their terms via issuing or sponsoring digital assets; these provisions are set to expire on January 20, 2029. Covered officials must sell their crypto assets and investments in crypto firms, or place them in blind trusts over which they have no control, with sales of crypto assets exceeding $1,000 requiring disclosure. The U.S. Department of Justice would be granted civil enforcement authority for ethics violations, including prosecuting trading platforms that knowingly operate banned tokens. However, Democrats oppose granting the DOJ sole enforcement power without extending authority to state attorneys general, and the relevant provisions could still be adjusted in the coming days. The revised bill retains the BRCA and Keep Your Coins Act, clarifying that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for maintaining decentralized networks, while safeguarding individuals’ right to self-custody of crypto assets. Stablecoin provisions remain unchanged: interest on idle payment stablecoin balances is banned, but rewards tied to actual activities like trading or staking are permitted.
3 hours ago
Report: Crypto industry contributes $55 billion to U.S. economy, directly employs 34,000 people
The US National Cryptocurrency Association released a report stating that the US crypto industry directly employs 34,000 people; when including jobs supported by supplier industries and consumer spending of related workers, total employment in the sector is roughly 232,000. The report projects that by 2026, the industry will contribute over $55 billion to US GDP, with around $31 billion flowing to workers as labor income. Of the 232,000 supported jobs, approximately 75,000 come from supplier industries, and another 123,000 are driven by household spending of related employees. These figures are based on multiplier effects from input-output models and do not represent direct hires by crypto firms. Among the 34,000 direct roles, software, blockchain, and data engineering positions are the most numerous, at about 10,100. Regionally, California and New York support 57,649 and 53,766 jobs respectively, totaling over 111,000; Texas accounts for roughly 26,536 jobs. The 12 US heartland states defined in the report collectively support around 17,000 jobs. The report was commissioned and funded by the National Cryptocurrency Association, with analysis conducted by Pragmatic Policy Group. Its estimates are based on the US Bureau of Economic Analysis’ 2024 input-output tables and $23.22 billion in crypto industry revenue data, with model assumptions incorporated into occupational structure and industry mapping.
3 hours ago
The development company behind Pump.fun is hiring a Growth Marketing Lead, offering a base annual salary of up to $1 million.
Baton Corporation, the developer behind Pump.fun, is hiring a Head of Growth Marketing, with a base annual salary of $400,000 to $1,000,000 plus performance-based incentives. Pump.fun founder Alon noted that the platform has grown to become one of the largest in the crypto industry with almost no paid marketing. The company’s next goal is to transition Pump.fun from a crypto-native product to the mainstream market, targeting an application with hundreds of millions of users. The role requires candidates to have hands-on experience in consumer app growth, a proven track record managing multi-million dollar marketing budgets, and familiarity with strategies including digital advertising, user-generated content (UGC), and short-form video clips.
3 hours ago
灰度：若美联储不再加息，比特币或已触底
Zach Pandl, head of research at Grayscale, wrote in a post that the market currently holds two main views on when Bitcoin’s bear market will end: one is adherence to the "four-year cycle" theory, and the other is viewing Bitcoin as a mature asset driven by macroeconomic factors. The "four-year cycle" theory holds that halving events remain the core driver of Bitcoin’s price cycles. Historically, Bitcoin has typically bottomed roughly one year after a cycle peak and about 2.5 years after a halving, with an average cumulative drawdown of around 80%. Based on this pattern, Bitcoin could still decline further in the current cycle and form a bottom in September or October. The other view argues that Bitcoin’s price will, like other major assets, be more influenced by economic growth, real interest rates, and changes in Federal Reserve policy going forward. Past Bitcoin bear markets have typically coincided with slowing economic growth or rising real interest rates, and this current downturn has unfolded against a backdrop of rising rate hike expectations and climbing real interest rates. Pandl noted he leans more toward the macro-driven view. If the Fed stops raising interest rates and economic growth remains stable, Bitcoin’s price may have already bottomed.
Zilliqa (ZIL), one of the popular altcoins of the 2021 bull season, announced that it is facing a significant security crisis due to a critical vulnerability discovered in its Ledger hardware wallet application.
Zilliqa, in a statement made from the X account, stated that the attack stemmed from a security vulnerability in the Ledger application.
At this point, Zilliqa states that a critical vulnerability in the Ledger application makes the private keys used for ZIL transactions vulnerable to recovery attacks.
The team stated that the problem affects all versions released from 2019 to 2026, and that active exploitation was observed on July 19th.
Following this active vulnerability, the team stated that ZIL transactions were suspended, but EVM transactions were not affected by this security flaw.
Following these developments, South Korea-based cryptocurrency exchanges Upbit and Bithumb classified ZIL as a “warning asset” in their trading markets.
Exchanges have announced that they are suspending deposits and withdrawals for ZIL, citing user security concerns.
Upbit and Bithumb made similar statements, warning that trading support for ZIL could be completely terminated if the security issue is not resolved within a reasonable timeframe or if adequate measures to protect investors are not taken.
This development has led to a review of security measures within the Zilliqa ecosystem, and users who conduct ZIL transactions via Ledger are advised to change their addresses and discontinue using their compromised wallets.
As you may recall, Zilliqa previously announced that ZIL held in a cold wallet had been stolen in a security incident at one of its partner exchanges.
*This is not investment advice.
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Major South Korean cryptocurrency exchange Upbit has flagged Zilliqa (ZIL) as a cautionary asset following the discovery of a critical vulnerability in its Ledger application.
According to Wu Blockchain, Upbit has placed ZIL under cautionary asset status, raising concerns over the token's future trading support on the crypto exchange, with the possibility of delisting it if the security issue isn't resolved.
Zilliqa Ledger App Flaw Exposes Private Keys, Upbit Flags ZIL as a Cautionary Asset
Zilliqa disclosed a critical nonce-generation flaw in its Ledger app that allows private keys to be recovered from public signatures after about five native transactions. The issue affected all… pic.twitter.com/uMfV9ZbepR
— Wu Blockchain (@WuBlockchain) July 22, 2026 Earlier today, July 22, Zilliqa disclosed a critical nonce-generation flaw in its Ledger app that allows private keys to be recovered from public signatures after about five native transactions.
The issue affects all versions released from 2019 to 2026, with active exploitation observed on July 19. Native Zilliqa transactions have been suspended, with affected keys set to be retired, while EVM transactions are unaffected.
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Upbit subsequently designated ZIL as a cautionary asset across its KRW and BTC markets. ZIL deposits and withdrawals remain suspended, and trading support may be terminated if the issue is not resolved.
What happened?On July 22, Zilliqa announced the discovery of a nonce-generation vulnerability in its Ledger app in an X post.
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A critical vulnerability was identified in the Zilliqa Ledger application affecting the generation of Schnorr signatures for native (non-EVM) Zilliqa transactions. The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer's private key using only publicly available on-chain data.
The Zilliqa team noted that protective measures are already in place to prevent further loss, and a coordinated remediation plan is being finalized.
The vulnerability affects private keys used to sign native Zilliqa transactions with a Ledger device, and any account that has broadcast about five or more native transactions signed through the Zilliqa Ledger app should be considered compromised. This is because their private keys can be reconstructed from signatures already recorded on-chain, regardless of any subsequent software update.
The issue is, however, confined to the Ledger app's native signing path, with EVM transactions unaffected.
22 July 2026 | 16:26 A flaw hidden in Zilliqa’s Ledger app since 2019 let attackers rebuild private keys from public signatures. Now ZIL trades within 1% of its all-time low while Upbit decides its fate by late August.
Key Takeaways A seven-year Ledger app flaw weakened signatures, allowing private keys to be reconstructed after roughly five native transactions. ZIL fell to within about 1% of its all-time low. Zilliqa told affected Ledger users to wait for official guidance rather than move funds on their own. Upbit has placed Zilliqa under formal trading caution after a critical flaw in the Zilliqa Ledger app allowed private keys to be reconstructed from transaction signatures already visible onchain.
The South Korean exchange has not delisted ZIL. Spot trading remains available while Upbit reviews the incident, Zilliqa’s response and the protections being developed for affected balances.
This is important because the current designation gives Zilliqa time to resolve the security issue, but it also opens a direct path toward delisting if the exchange concludes that the vulnerability or its consequences have not been adequately addressed.
Upbit Has Not Delisted ZIL Yet According to Upbit’s official notice, ZIL entered its cautionary review period on July 22. The observation window is expected to continue through the third week of August, covering August 17 to August 21.
During that period, ZIL/KRW and ZIL/BTC trading remains open. Upbit can remove the caution designation if the security concerns are resolved, extend the review if more time is required or terminate trading support if the exchange determines that the risks remain unresolved.
ZIL deposits and withdrawals had already been suspended on July 20. New deposits sent to Upbit while the service is blocked may not be credited and can be returned through the exchange’s recovery process.
Upbit also indicated that withdrawals will receive priority when transaction services begin reopening. Deposits are expected to remain unavailable until the exchange issues a separate announcement.
This creates an unusual position for traders. ZIL can still be bought and sold inside Upbit, but tokens cannot currently move freely into or out of the exchange. Trading therefore continues while the underlying settlement route remains restricted.
ZIL Is Trading Within 1% of Its Record Low The market reaction has pushed ZIL to the edge of uncharted territory. On the ZIL/USD daily chart on OKX, the token traded near $0.0024 as of 13:15 UTC on July 22, down about 7% on the day, after touching an intraday low of $0.00236. That low sits roughly 1% above Zilliqa’s all-time low of $0.002339, according to CoinMarketCap.
The chart also shows when the real damage happened. The heaviest daily selling volume of the past two months arrived on July 20, the day the theft from a partner wallet was disclosed, and the daily Relative Strength Index has fallen to about 28, below the traditional oversold threshold of 30. Price now sits far beneath the 50-day, 100-day and 200-day moving averages, all of which continue to slope downward.
ZIL trades within 1% of its all-time low after the disclosure. Source: TradingView / OKX. The decline reflects more than the possibility of losing an exchange listing. The underlying flaw affects the private keys of some Ledger users and cannot be reversed simply by updating the wallet application.
A Seven-Year Bug Turned Signatures Into a Key Leak The security incident originated in the Zilliqa application used on Ledger hardware wallets, not in the Ledger device’s core hardware and not in Zilliqa’s consensus mechanism.
In its official vulnerability disclosure, Zilliqa said the flaw affected every released version of the app’s native transaction-signing path from 2019 through 2026.
Nonce-Generation Vulnerability in the Zilliqa Ledger App: A critical vulnerability has been identified in the Zilliqa Ledger application affecting the generation of Schnorr signatures for native (non-EVM) Zilliqa transactions. The vulnerability causes signatures to be generated… https://t.co/sudV7WA3TV
— Zilliqa (@zilliqa) July 22, 2026
Native Zilliqa transactions use Schnorr signatures. Each signature depends on a temporary secret number, known as a nonce, which must be generated with sufficient randomness and must never be predictable.
The Zilliqa Ledger app generated the required randomness but copied the wrong section of the result into the signing process. That mistake left the most significant 64 bits of each nonce fixed at zero, materially reducing the randomness protecting each signature.
A single weakened signature leaks only part of the information needed to reconstruct a private key. Repeated signatures from the same account reveal more. Zilliqa said an attacker could recover the private key of an affected account after approximately five or more native transactions using publicly available onchain signatures.
The attacker does not need physical possession of the Ledger device, its PIN or the user’s recovery phrase. The necessary signature data is permanently recorded on the blockchain.
What the Vulnerability Does and Does Not Affect Category Status Explanation Native ZIL transactions signed through Ledger Affected The vulnerable signing process generated weakened nonces that can expose the account’s private key. Accounts with roughly five or more affected signatures Potentially compromised The private key may be reconstructed from signatures already recorded onchain. Zilliqa EVM transactions Not affected The flaw is limited to the native Ledger app signing path. Zilliqa software development kits Not affected Zilliqa’s JavaScript, Go and Python development kits generate transaction nonces correctly. Ledger hardware security Not identified as the source The defect was found in Zilliqa’s application-level signing code rather than Ledger’s secure hardware. This scope prevents the incident from being described accurately as a breach of every Zilliqa wallet or of the blockchain itself. The risk is narrower, but it is still critical for users whose native transactions were signed through the affected Ledger application.
Active Exploitation Was Detected Before the Disclosure The sequence moved quickly: suspicious onchain activity was observed on July 19, a theft was reported on July 20, the root cause was isolated on July 21, and Upbit’s caution designation followed on July 22.
The July 20 report involved ZIL stolen from a cold wallet operated by an exchange partner, which Zilliqa did not name. The project contacted exchanges and requested temporary restrictions on native ZIL deposits and withdrawals while the source of the incident was investigated.
Zilliqa credited KuCoin with helping identify the failure, reconstructing affected private keys from public signatures and confirming that exploitation was taking place. Native Zilliqa transactions were then suspended to prevent additional funds from being drained while a recovery procedure was developed.
A corrected version of the Ledger application has also been prepared in coordination with Ledger. The patch restores the full randomness required when producing new signatures.
Why Moving the Coins Is Not a Safe Fix The usual response to a compromised cryptocurrency wallet is to create a new address and move the remaining assets immediately. Zilliqa has warned that the same response may be ineffective or dangerous in this case.
If an attacker has already reconstructed the private key, both the legitimate holder and the attacker can sign valid transactions from the same address. When native transfers resume, an attacker could monitor the account and attempt to submit a competing transaction before the owner’s transfer is confirmed.
That means a standard wallet evacuation could become a race between two parties controlling the same key. It could also alert an attacker to an account that still contains assets.
“Users who have signed native Zilliqa transactions with a Ledger device should await official guidance before taking any action.”
Zilliqa’s official security disclosure
Affected private keys will ultimately need to be retired, but Zilliqa has not advised users to perform that process independently. The project is finalizing a coordinated plan intended to protect affected balances while native transactions remain suspended.
Users should therefore avoid following unverified wallet-migration instructions, entering recovery phrases into new websites or responding to direct messages offering assistance. The remediation process should be followed only through official Zilliqa and Ledger communications.
The Patch Cannot Repair Previously Exposed Keys The permanent nature of blockchain transaction history creates the central challenge. The corrected application only prevents the creation of new weakened signatures; every vulnerable signature already published remains publicly available forever.
An attacker can perform the private-key recovery calculation at any time using old signatures. Updating the app, changing the Ledger PIN or reinstalling wallet software does not change the private key controlling the affected address.
Resetting a hardware wallet with the same recovery phrase would also recreate the same underlying keys. A genuinely retired key would eventually need to be replaced with a newly generated key that is not derived from the compromised recovery material.
Even that technical step does not solve the immediate transfer problem while an attacker may control the old address. The missing piece is a coordinated mechanism for moving or protecting balances without exposing users to a transaction race once the network resumes.
What Decides Whether ZIL Stays on Upbit Upbit’s final decision is likely to depend on more than the release of a patched Ledger application. The exchange must also evaluate how Zilliqa protects balances associated with keys that may already be compromised.
A complete response would need to establish the affected account population, provide a safe recovery process, prevent additional unauthorized transfers and explain how native transaction services can resume without creating another opportunity for attackers.
The approaching August review window therefore creates a clear deadline for Zilliqa. Repairing the signing code addresses the original technical defect, but restoring exchange confidence requires a credible solution for the keys and balances that were exposed before the patch existed.
Until that plan is published, ZIL remains tradable on Upbit but operationally restricted, while affected Ledger users are being asked to wait rather than attempt an independent transfer.
Source review: Based on Upbit’s official notice, Zilliqa’s security disclosures on X, ZIL/USD market data from TradingView (OKX) and all-time-low data from CoinMarketCap, checked July 22, 2026.
This article is provided for informational purposes only and does not constitute financial, investment or legal advice.
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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.
A hardware wallet vulnerability that went undetected for seven years has forced Zilliqa to suspend all native transactions after attackers began exploiting the flaw on July 19. The nonce-generation bug in the Zilliqa Ledger app allowed private keys to be recovered from public signatures after roughly five on-chain transactions, according to the original report. Every version released between 2019 and 2026 was affected.
The disclosure has already triggered a sharp exchange-side response. South Korea’s Upbit designated ZIL as a cautionary asset across both its KRW and BTC trading pairs, suspended deposits and withdrawals, and warned that trading support could end entirely if the problem is not remedied quickly. The move immediately amplifies the pressure on Zilliqa’s development team, who must now contend not only with patching the flaw but also with the specter of losing one of its most important exchange listings.
How the Flaw Compromises Security The vulnerability sits at the intersection of hardware wallet design and Zilliqa’s nonce implementation. A nonce—a number used once—is supposed to ensure that each transaction signature is unique. When nonces are generated incorrectly, an observer who collects multiple signatures from the same private key can reconstruct the key itself. The problem is especially dangerous because it requires no malware on the user’s device; an adversary only needs to see the publicly broadcast signatures from about five native transfers. The exploit timeline suggests active exploitation began before the public advisory, raising the possibility that funds were taken before the network could react.
Zilliqa’s immediate mitigation was to halt native transactions altogether. EVM-based activity on the network is not affected, but for many long-term holders who used the Ledger app, retiring the compromised keys is now a necessity. That process—generating new wallets and moving assets—carries its own risks if users are not careful. Meanwhile, the incident casts a long shadow over trust in hardware wallet integrations for lesser-known chains, where security audits may have been thinner than for Ethereum or Bitcoin.
Upbit’s Cautionary Flag and the Delisting Threat Upbit’s cautionary asset designation is not a full delisting, but it functions as a public warning that the exchange’s risk management team sees a material threat to user funds. Korean exchanges have grown increasingly aggressive with such flags following regulatory guidance and past incidents, where failure to act quickly drew scrutiny. The parallel between this action and the broader push for exchange accountability is hard to ignore—as regulatory pressures on crypto infrastructure intensify, trading platforms have little tolerance for assets that introduce custody-layer risk.
For ZIL’s liquidity, the suspension of deposits and withdrawals on a major venue like Upbit tightens available exit routes for Korean traders. While the token remains listed for now, the warning creates a binary outcome: either Zilliqa patches the flaw and satisfies Upbit’s review, or trading is terminated. In the interim, market participants are watching whether other exchanges follow Upbit’s lead, which would compound the token’s liquidity squeeze.
What Remains Unresolved The extent of the damage is still unclear. Neither Zilliqa nor Upbit has disclosed how many private keys were actually compromised during the exploitation window, nor what the total loss in dollar terms may be. Additionally, the fact that the flaw existed across every Ledger app version for seven years raises questions about the chain’s overall security review process and how many other integrated apps may contain similar nonce-generation weaknesses. Developer confidence metrics have already become a yardstick for chain health, as tracked by efforts like weekly developer activity rankings, and incidents like this one can erode that confidence quickly.
For hardware wallet users, the advisory is a reminder that a Ledger device does not eliminate risk—it only shifts it. A vulnerability in an app that signs transactions can be just as devastating as a compromised seed phrase. The Zilliqa incident will likely prompt a fresh round of audits across Ledger integrations for other chains, particularly those with smaller developer communities where such flaws could persist without notice. Until those audits are complete, the market will have to price in the possibility that similar vulnerabilities are lurking elsewhere.
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Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
Zilliqa suspended native transactions after identifying a critical vulnerability in its Ledger wallet application. The flaw could allow attackers to reconstruct private keys from transaction signatures generated over several years. Exchanges have restricted ZIL transfers while the network prepares recovery instructions for affected users. The issue is limited to Zilliqa’s native Ledger application and does not affect Ledger hardware or the EVM network. Zilliqa has suspended all native (non-EVM) transactions after confirming a critical security vulnerability in its Ledger hardware wallet application, a flaw that could allow attackers to recover users’ private keys from publicly available blockchain signatures. The emergency measure comes as the project works with security researchers and exchanges to contain the incident and develop a recovery process for potentially affected users.
According to the announcement in X, the vulnerability is limited to Zilliqa’s native blockchain and does not impact its EVM-compatible network.
Ledger hardware devices themselves also remain unaffected, with the issue confined to the software implementation of the Zilliqa Ledger application.
Investigation traced the flaw to a years-old cryptographic bug According to Zilliqa, the vulnerability originated from an implementation error in its use of Schnorr signatures, the cryptographic scheme used to authorize native transactions.
As our investigation has progressed, we would like to clarify one important point:
At this stage, we have found no evidence that the incident was caused by the exchange’s wallet management or operational processes. We appreciate the exchange’s cooperation in identifying the… https://t.co/i6UQ62m4CM
— Zilliqa (@zilliqa) July 20, 2026
Rather than generating fully random nonces for each signature, a buffer-copy mistake caused the highest 64 bits of every nonce to be overwritten with zeros. That significantly reduced the randomness protecting each signature, creating conditions under which attackers could reconstruct private keys using lattice reduction techniques after observing enough transactions on-chain.
The project said the vulnerable code had existed in every version of the Zilliqa Ledger application since its initial release in 2019, meaning the flaw remained undiscovered for nearly six years.
The investigation accelerated after suspicious on-chain activity was detected on July 19. Working alongside exchange partners, including KuCoin, engineers traced the attacks to the Ledger application’s signing process before publicly confirming the vulnerability on July 21. One day later, Zilliqa suspended all native transactions while mitigation efforts began.
Only a specific group of users is considered at risk The vulnerability does not affect every ZIL holder equally. Based on the project’s guidance, the highest-risk group includes users who:
Used a Ledger device for native (non-EVM) ZIL transactions. Signed transactions between 2019 and July 2026. Generated approximately five or more signatures with the same private key. The project emphasized that several parts of its ecosystem remain unaffected:
Ledger hardware devices were not compromised. Zilliqa’s EVM-compatible blockchain continues operating normally. Software wallets are not impacted by the vulnerability. Zilliqa has urged potentially affected users not to move funds or attempt independent recovery until official migration instructions are published, warning that premature action could complicate the recovery process.
Exchanges move quickly to contain potential fallout The disclosure prompted immediate action across cryptocurrency trading platforms.
South Korea’s Upbit classified ZIL as a cautionary asset, suspended deposits and withdrawals, and placed the token under a delisting review through mid-August under the country’s investor protection framework.
Other centralized exchanges also temporarily restricted native ZIL transfers while evaluating the potential impact of both the Ledger application vulnerability and reports of a separate theft involving ZIL held in an offline cold wallet managed by one of the ecosystem’s exchange partners. Although the incidents are distinct, their close timing intensified concerns across the market.
Investor sentiment deteriorated following the disclosure. ZIL declined roughly 5% over the previous 24 hours and about 17% over the past week, falling to around $0.0024 as traders assessed the scale of the security incident.
Recovery Now Depends on Replacing Exposed Wallets Unlike many software vulnerabilities, this incident extends beyond deploying a patched application. Because the vulnerable transaction signatures have already been permanently recorded on the blockchain, updating the Ledger app cannot eliminate the exposure associated with signatures created over the past six years.
The next phase of the response will therefore focus on migrating affected users to newly generated wallets rather than restoring the compromised ones. That process is expected to require coordination between Zilliqa, Ledger, cryptocurrency exchanges and wallet holders before native network activity can fully normalize.
TL;DR Zilliqa found a Ledger app flaw that exposes private keys after roughly five native transactions. Native ZIL transactions were suspended, while EVM transactions remain unaffected. Upbit designated ZIL as a cautionary asset and warned trading support could be terminated. A patched Ledger app is ready, but compromised wallets will require new keys under a coordinated recovery plan. Zilliqa has suspended native transactions after uncovering a critical vulnerability in its Ledger application that could allow attackers to reconstruct users’ private keys from publicly available blockchain signatures. The security issue, which existed in every released version of the Zilliqa Ledger app between 2019 and 2026, prompted South Korean crypto exchange Upbit to designate ZIL as a cautionary asset, raising the possibility of further trading restrictions if the issue is not fully resolved.
The blockchain team said the flaw affects only native (non-EVM) Zilliqa transactions signed with Ledger hardware wallets. According to the disclosure, any wallet that signed approximately five or more native transactions using the affected Ledger app should be considered compromised because its private key can be mathematically reconstructed from signatures already recorded on-chain.
To limit further losses, Zilliqa has halted all native transactions while it finalizes a coordinated recovery plan. The project stressed that users who may be affected should avoid taking independent action and instead wait for official instructions, warning that simply transferring funds would not adequately protect compromised wallets because attackers could potentially front-run any transaction once the network resumes.
Nonce-Generation Vulnerability in the Zilliqa Ledger App: A critical vulnerability has been identified in the Zilliqa Ledger application affecting the generation of Schnorr signatures for native (non-EVM) Zilliqa transactions. The vulnerability causes signatures to be generated… https://t.co/sudV7WA3TV
— Zilliqa (@zilliqa) July 22, 2026
Signature Flaw Traced to Weakened Nonce Generation The vulnerability stems from an error in the app’s implementation of Schnorr signatures, which authenticate native Zilliqa transactions.
Each Schnorr signature relies on a unique, randomly generated ephemeral nonce. While the app initially generated enough randomness, a coding mistake copied the wrong 32-byte segment into the signing buffer. As a result, the most significant 64 bits of every nonce were fixed to zero, dramatically reducing the randomness required to keep private keys secure.
Security researchers explained that once around five affected signatures become publicly available, attackers can recover the corresponding private key within seconds using commodity hardware through a well-known cryptographic attack called the Hidden Number Problem solved via lattice reduction techniques. Because those signatures are permanently stored on-chain, updating the Ledger application cannot eliminate the exposure for wallets that have already signed vulnerable transactions. Those keys must ultimately be retired.
Zilliqa emphasized that the issue is isolated to the Ledger application’s native signing path. Users interacting exclusively through the network’s EVM-compatible environment or using official software development kits such as zilliqa-js, gozilliqa-sdk, and pyzil are not affected.
Ziliqa Exploitation Detected Before Public Disclosure According to Zilliqa’s incident timeline, the defect had existed unnoticed across every Ledger app release since 2019.
The team said suspicious on-chain activity consistent with active exploitation was first observed on July 19. Engineers isolated the root cause two days later after reproducing the attack using publicly available blockchain signatures.
A corrected version of the Ledger application has already been prepared in coordination with Ledger and restores proper nonce generation. However, the update cannot secure wallets whose private keys have already been exposed, making a broader remediation process necessary before native transactions can safely resume.
Zilliqa also credited KuCoin’s security team for helping identify the vulnerability, successfully recovering affected private keys from public signatures during the investigation, and confirming that the exploit was actively being abused.
Following the disclosure, Upbit classified ZIL as a cautionary asset across its KRW and BTC markets, citing unresolved security concerns. The exchange has already suspended deposits and withdrawals and warned that trading support could ultimately be terminated if the project fails to sufficiently address the incident.
According to Upbit’s notice, the review period is expected to continue until the third week of August, after which the exchange will decide whether to remove the cautionary designation, extend the review, or delist the token altogether depending on the progress of Zilliqa’s remediation efforts.
Gasless USDT transfers, cross-chain liquidity services and AI-powered payment infrastructure are driving new activity across the TRON ecosystem, according to a new report from CryptoQuant.
The report said GasFree, a payment mechanism on TRON that enables on-chain fees to be deducted directly from transferred tokens instead of requiring TRX, is seen as a key driver of growing USDT transfer volumes on TRON.
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The model has seen rapid adoption, with weekly transfer volume rising to $2.9 billion by the end of June from virtually zero in early 2025. Activity peaked at a record $3 billion during the first week of May 2026, surpassing the previous weekly high of $1.9 billion recorded last year.
CryptoQuant also pointed to growing enterprise demand for TRON-based liquidity. Rhino.fi, which connects liquidity across more than 30 blockchain networks, uses TRON USDT in its Wirex integration to provide near-instant spendable balances, completing transactions in under 10 seconds.
According to the report, weekly USDT volume originating from TRON has increased from approximately $1 million to a record $48 million, while average transaction sizes have grown to $24,000, suggesting increasing business and institutional adoption.
Meanwhile, AI-focused payment infrastructure is beginning to gain traction. Providers including B.AI, MERX, Oobit and dTelecom are integrating x402-based payment rails supported by USDT liquidity, with B.AI’s deposit activity accelerating since April 2026 as early adoption builds.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDR:A Fundamentals-First Approach to Digital AssetsWhat the New Index Signals for Institutional InvestorsGet 3 Free Stock Ebooks S&P Dow Jones and Pantera Capital launched a new institutional digital asset index today. The index selects tokens based on real-world utility and revenue, not price momentum. Confirmed top holdings include ETH, BNB, SOL, TRX, and HYPE among 18 tokens total. The benchmark targets institutions seeking disciplined, transparent digital asset allocation tools. S&P Pantera Digital Asset Index has launched as a new benchmark for institutional digital asset allocation. S&P Dow Jones Indices and Pantera Capital built the index around a rules-based structure.
It only includes tokens with real-world use and actual revenue generation. The index currently holds 18 constituent tokens.
Confirmed top holdings include ETH, BNB, SOL, TRX, and HYPE. The launch aims to bring more discipline to how investors measure digital asset performance.
A Fundamentals-First Approach to Digital Assets The S&P Pantera Digital Asset Index moves away from price momentum as a selection method. Many existing crypto indexes track popular tokens or meme coins instead.
This index applies standards similar to those used in traditional finance benchmarks. Selection depends on real-world utility rather than speculative trading volume.
Cathy Clay, CEO at S&P Dow Jones Indices, explained the reasoning behind the launch. “S&P Dow Jones Indices helps investors cut through market noise with benchmarks you can trust,” she said.
She added that the index brings “that same discipline to digital assets,” using a fundamentals-driven framework built for diversified portfolios.
Dan Morehead, Pantera Founder and Managing Partner, described the collaboration as timely. “We believe we’re at a pivotal moment for digital assets,” he said.
He noted the partnership was built to identify “which digital assets and infrastructure truly matter” for long-term investors.
The index gives global investors a way to move past single-asset tracking. It offers a transparent method to measure blockchain and digital asset investments.
Fund managers can also use it as a reference for new investment products. Active managers picking digital assets may use it as a comparison tool.
What the New Index Signals for Institutional Investors The launch reflects a broader shift toward market maturity in digital assets. Blockchain use cases are showing wider value across different industries and sectors.
Regulation is also becoming clearer in several major financial markets worldwide. These shifts are making institutional involvement in crypto easier to manage.
Many current digital asset products fail to reflect the full complexity of the space. Morehead pointed to this gap directly, noting that “the biggest friction point in crypto hasn’t changed.” He said investors still struggle with “knowing how to allocate” across the asset class.
The top five holdings, ETH, BNB, SOL, TRX, and HYPE, reflect established network activity. These tokens support platforms with ongoing transaction volume and developer engagement.
The full list of 18 constituents has not been disclosed publicly yet. Further details may emerge as the index gains adoption among institutional investors.
Investors now have a new tool to benchmark digital asset performance responsibly. The index combines index provider expertise with digital asset-native research and data.
Together, S&P Dow Jones Indices and Pantera Capital built a structured entry point. It targets institutions seeking exposure to blockchain fundamentals over speculation.
S&P Dow Jones Indices and Pantera Capital have introduced the S&P Pantera Digital Asset Index, aimed at providing institutional investors with a new benchmark focused on digital assets with real-world utility and revenue generation. This index holds 18 constituent tokens, with key holdings including Ethereum (ETH), BNB, Solana (SOL), Tron (TRX), and HYPE, and is designed as a transparent standard for disciplined digital asset allocation.
Index Design Focuses on FundamentalsRather than relying on price trends or market momentum, the S&P Pantera Index applies criteria similar to benchmarks in traditional finance. Tokens must demonstrate real-world use cases and generate actual revenue to be included, setting the index apart from others that may track popularity or speculative interest.
Cathy Clay, CEO of S&P Dow Jones Indices—a prominent provider of financial market indices—said the initiative brings disciplined benchmarking to the rapidly evolving digital asset sector.
S&P Dow Jones Indices aims to help investors cut through market noise and provide benchmarks they can trust, applying that same discipline and fundamentals-driven framework to digital assets.
Dan Morehead, Founder and Managing Partner at Pantera Capital, described the launch as timely for the digital asset market. He stated that the joint project was established to identify which digital assets and infrastructure play significant roles for long-term and institutional investors.
The new index gives investors a transparent method to track blockchain and digital asset portfolios, serving both as a benchmark for asset managers and as a reference point for new digital investment products.
Mini dictionary: Pantera Capital is a US-based investment firm specializing in blockchain and digital assets, known for its early involvement in the crypto industry and focus on institutional-grade funds and portfolios.
Implications for Institutional ParticipationThe creation of the S&P Pantera Digital Asset Index marks a shift toward recognizing the utility and maturity of blockchain applications. As regulatory frameworks advance in major financial centers, institutional participation in digital assets is expected to become more systematic and accessible.
Existing digital asset funds often fail to capture the complexity and breadth of the market. Morehead explained that many institutions still face challenges in determining the right allocation across digital assets, highlighting a key friction point for wider adoption.
The top five holdings—ETH, BNB, SOL, TRX, and HYPE—represent active networks with demonstrated transaction volumes and developer engagement, offering a cross-section of established platforms in the digital economy.
While the complete list of the 18 tokens in the index remains undisclosed for now, further details are anticipated as institutional adoption increases and investment products are structured around the benchmark.
IndexMain HoldingsSelection CriteriaTarget UsersS&P Pantera Digital Asset IndexETH, BNB, SOL, TRX, HYPE (top 5, among 18 total)Real-world use, revenue generationInstitutional investors, fund managersTypical Crypto IndexesVaries, including meme tokensMarket cap, price trendsRetail investors, broad trackersS&P Dow Jones Indices and Pantera Capital jointly developed this structured benchmark to meet the needs of institutions interested in utility-driven digital asset exposure rather than speculative trends.
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.
Binance is adding 10 new trading pairs to its bStocks platform, with AXTIB (representing AXT) and CRWVB (representing CoreWeave) among the fresh listings going live on July 22, 2026, at 13:30 UTC. The expansion follows the initial bStocks launch in June 2026, which introduced pairs tied to names like Tesla and Circle.
What bStocks actually are bStocks are BEP-20 tokens built on BNB Chain, issued by BTech Holdings Limited, a Binance affiliate. Each token is backed 1:1 by a corresponding US share held in custody, meaning the underlying asset is real, even if the wrapper is crypto-native.
The structure classifies each bStock as a certificate representing a financial instrument rather than a direct equity stake. That distinction matters for regulation, and Binance has been deliberate about it, operating the framework under approval from the FSRA in Abu Dhabi.
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Eligible pairs also support margin trading, though the ability to borrow against positions has not yet been activated at launch.
CoreWeave, represented by CRWVB, is one of the more notable additions. The AI infrastructure company listed on Nasdaq in March 2025. AXT, represented by AXTIB, is a semiconductor substrate manufacturer.
Why this matters beyond the token tickers The pitch to users is straightforward: 24/7 trading, self-custody on BNB Chain, and access to US equities without needing a traditional brokerage account.
The regulatory angle is worth watching closely. FSRA approval in Abu Dhabi gives the product a compliance anchor, but bStocks are not available to users in all jurisdictions.
The June 2026 launch with Tesla and Circle as anchor pairs was a proof-of-concept moment. Adding 10 more pairs two months later, including names tied to AI and semiconductors, suggests the platform is moving faster than a cautious pilot program would.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Tokenized stocks, the blockchain-native versions of traditional equities, have surged to a record market capitalization of $2.3B as of mid-July 2026. That figure has roughly doubled since March, when the sector first crossed the $1B threshold.
BNB Chain has emerged as the clear frontrunner in this race, capturing approximately 30% of the total market share. With cumulative trading volumes surpassing $5B by late June and over 700 tokenized stocks and ETFs available on the chain, Binance’s network has become the de facto home for on-chain equities.
Who’s actually building this market Three names dominate the tokenized stock leaderboard, and they’re not exactly obscure players. Ondo Global Markets leads the pack with around $955M in issued on-chain equities, making it the single largest issuer in the space. That’s nearly half the total market, concentrated in one protocol.
Kraken’s xStocks comes in second with approximately $507M in equity value, while Binance’s own bStocks accounts for roughly $334M. Together, these three platforms represent the vast majority of the tokenized stock market’s capitalization.
BNB Chain’s appeal in this sector comes down to basics: lower transaction fees and higher throughput compared to Ethereum and Solana. When you’re trying to replicate the experience of buying Apple or Tesla stock but on a blockchain, nobody wants to pay $15 in gas fees for a $50 fractional share. Both Ethereum and Solana maintain meaningful positions in the tokenized equity space, but BNB Chain’s cost advantage has proven decisive so far.
The available selection on BNB Chain includes tokenized versions of major companies like AAPL and TSLA, essentially giving users a crypto-native way to gain exposure to traditional blue chips. Think of it as Robinhood meets DeFi, except the settlement layer is a blockchain instead of the DTCC’s legacy infrastructure.
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The DTCC enters the chat Speaking of the DTCC, here’s where things get genuinely interesting. The Depository Trust & Clearing Corporation, which processes virtually every securities transaction in the US, conducted its first live trades of tokenized US securities on July 15, 2026.
For context, the DTCC settles roughly $2.2 quadrillion in securities annually. Its entry into tokenized trading isn’t just a proof of concept. It’s a signal that the largest financial plumbing organization in the world sees blockchain-based settlement as a viable path forward.
This matters because tokenized stocks have historically lived in a regulatory gray zone. When the entity responsible for clearing most US equity trades starts processing tokenized versions of those same securities, it lends a degree of institutional legitimacy that no amount of DeFi protocol marketing could achieve on its own.
The growth trajectory also benefits from features that traditional brokerages struggle to match. Tokenized stocks trade 24/7, not just during the roughly six and a half hours that US exchanges are open. They enable fractional ownership at granular levels, and they integrate directly with DeFi protocols for lending, borrowing, and yield generation.
In English: you can buy a sliver of a Tesla share at 2 AM, use it as collateral in a lending protocol, and earn yield on it simultaneously. Traditional finance would need about four intermediaries and three business days to approximate something similar.
Scale and perspective Look, $2.3B is meaningful growth, but context matters. The global equities market is worth well north of $100 trillion. Tokenized stocks currently represent a rounding error in that context, roughly the market cap of a mid-tier regional bank.
But the trajectory is what deserves attention. Doubling from $1B to $2.3B in roughly four months suggests the sector is hitting an adoption inflection point. The involvement of Kraken and Backed, which are expanding trading opportunities across multiple chains, indicates that infrastructure is scaling to meet demand rather than the other way around.
Ondo Global Markets has been particularly aggressive, offering numerous US stocks and ETFs through its platform. This breadth of selection matters because tokenized stocks are only useful if investors can actually access the names they want to own.
For investors watching this space, the competitive dynamics between chains could prove as important as the overall market growth. BNB Chain’s current dominance isn’t guaranteed. Ethereum’s institutional credibility and Solana’s speed improvements could shift market share in coming quarters, particularly if fee structures become more competitive.
The bigger question is whether tokenized stocks remain a crypto-native phenomenon or evolve into a mainstream alternative to traditional brokerage accounts. The DTCC’s involvement suggests the latter is at least plausible. If traditional clearinghouses begin routing meaningful volume through tokenized rails, the $2.3B market cap that looks impressive today could end up looking quaint.
The risk side of the equation isn’t trivial, though. Regulatory frameworks for tokenized securities remain fragmented across jurisdictions. The securities themselves introduce counterparty risk tied to the issuers, and smart contract vulnerabilities could expose holders to losses that traditional stock ownership doesn’t carry. Investors treating tokenized stocks as equivalent to their traditional counterparts should understand they’re also inheriting blockchain-specific risk layers that don’t exist in conventional markets.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Balance Coin ($BLC), the dollar-pegged stablecoin issued by BNB Chain DeFi protocol 42DAO (@42dao_official), collapsed from its $1 peg to around $0.0013 after an attacker exploited a flaw in the protocol's oracle system, draining roughly $912,000. At the time of checking, CoinMarketCap showed $BLC trading near $0.00247, down 99.75% over 24 hours.
How the Attack Worked The attacker liquidated multiple $BTCB-collateralized vaults in a single transaction at the manipulated price, profiting from the gap between the false valuation and the collateral's real worth. SlowMist described it as a single-transaction combo exploiting missing price protection and liquidation delay in a Maker-style system. The attacker exploited the lack of price protection and liquidation delays in the Maker-style system, which allowed them to use an abnormally low $BTCB oracle price to liquidate positions that would not have been liquidated under normal conditions.
The component names in SlowMist's analysis reveal that 42DAO built its protocol as a fork of MakerDAO's collateralized debt position system. SlowMist identified the core failure as oracle price manipulation combined with a complete absence of liquidation delay. Those two missing safeguards, price validation against a reliable range and a time buffer before liquidations execute, are considered baseline protections in DeFi protocol design.
According to security researcher TenArmor, the first transaction minted approximately 4.5 million $BLC tokens from a null address and moved them to PancakeSwap V2, where they were exchanged for Binance USDT and $BTCB. A second transaction followed roughly two hours later, minting an additional 5,900 $BLC tokens and draining further liquidity. The unauthorized minting sharply increased the supply of $BLC tokens, flooding decentralized exchange liquidity pools and putting severe selling pressure on the stablecoin.
No Response from 42DAO 42DAO had not issued a public statement on the incident or a recovery plan at the time of writing. The incident fits a trend that has defined DeFi exploits through 2026, with attacks moving away from simple contract bugs and toward the oracles, governance rules, and infrastructure surrounding the code. Recent months saw the Ostium Perpetuals vault drained through manipulated oracle reports and the Bonzo lending protocol exploited via a third-party oracle feeding a forged price. The common thread is that the vulnerable layer is increasingly the one that determines what a protocol believes an asset is worth.
Crypto Times: 42DAO's BLC Stablecoin Depegs to Near Zero After $912K Oracle Exploit | CoinTelegraph: Balance Coin Crashes 99% After Reported $915K Exploit | Tron Weekly: Balance Coin Drops 99% As Reported $915K 42DAO Exploit Drains Liquidity
Bright Minds Biosciences Inc. (DRUG - Free Report) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
As such, the Zacks rating upgrade for Bright Minds Biosciences Inc. is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
For Bright Minds Biosciences Inc., rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Bright Minds Biosciences Inc.This company is expected to earn -$4.90 per share for the fiscal year ending September 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Bright Minds Biosciences Inc.. Over the past three months, the Zacks Consensus Estimate for the company has increased 7.6%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Bright Minds Biosciences Inc. to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Getting paid to borrow money sounds like a financial fever dream. Sats Terminal just made it real on Starknet.
The BTC lending platform announced its integration with Starknet on July 22, enabling users to borrow USDC against their Bitcoin collateral through the Vesu lending protocol at a net APR of approximately -2.04% at a 50% loan-to-value ratio. In English: borrowers walk away with more money than they owe in interest, courtesy of STRK token rewards that more than cover the borrowing costs.
How negative interest actually works Negative APRs aren’t magic. They’re subsidized. Starknet has allocated at least 100 million STRK tokens toward its rewards program, and those incentives are what make the economics work for borrowers.
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Here’s the math on a concrete example. A borrower putting up 1 BTC as collateral can expect to earn roughly $1,997 annually from STRK rewards while paying approximately $1,344 in interest. That nets out to about $653 in the borrower’s pocket, just for taking out a loan.
The maximum loan-to-value ratio through Vesu can stretch up to 86%, though the juiciest negative rates come at the more conservative 50% LTV tier.
The integration runs through Vesu, a lending protocol on Starknet that positions itself as capital-efficient. Sats Terminal acts as the front-end interface, connecting Bitcoin holders to USDC liquidity without requiring them to sell their underlying BTC position. The loans are non-custodial, meaning users maintain control of their assets throughout the process.
Sats Terminal’s growing footprint The platform has onboarded over 100,000 unique wallets since its inception. Its backers include yzilabs, Coinbase Ventures, and Draper VC. Tim Draper himself highlighted the platform back in January 2026.
Co-founder Stanislav Havryliuk and his team have been building toward this kind of cross-chain integration. Moving onto Starknet, a ZK-rollup scaling solution originally designed for Ethereum, represents a bet that Bitcoin-native users want access to DeFi infrastructure beyond the Bitcoin network itself.
What this means for investors Negative rates funded by token rewards only work as long as the reward tokens maintain their value and the incentive programs keep running. STRK rewards that generate $1,997 annually today could generate significantly less if the token price drops or if Starknet decides to redirect those 100 million tokens elsewhere.
The 86% maximum LTV deserves attention from a risk perspective. High LTV ratios in volatile markets can lead to cascading liquidations. Conservative borrowers sticking to the 50% tier have meaningful buffer. Those pushing toward the ceiling are betting that Bitcoin’s price won’t move against them fast enough to trigger a margin call.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Brothers Justin and Michael Blau have launched Drip, a pioneering platform that lets AI agents financially reward content creators without turning the subscription model on its head. It’s a fresh way of valuing digital work: micropayments in USDC, the stablecoin many in crypto feel comfortable with.
The nuts and bolts of Drip Drip is diving headfirst into the niche of financial analysis, leveraging agentic payment systems like x402 and MPP. Everything settles on the reliable shoulders of USDC. If you’re wondering about the blockchain furniture, Base and Tempo are the networks putting up the walls.
While many platforms have flirted with the potential of micropayments, Drip isn’t chasing after Solana’s drip.haus, which was all about collectibles. Instead, it’s zeroing in on content. Now, AI’s not just the artist’s worst-kept secret; it’s a paying customer.
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Drip vs. the traditional subscription model Subscriptions have been the bread and butter for many publications, but they’re not universal. Drip doesn’t want to steal that loaf. Instead, it aims to complement it. By acknowledging the emerging significance of AI in content consumption, it’s positioning micropayments as the digital salvation for creators who want more control.
Think Napster meets The Financial Times, with AI thrown into the mix: it’s pay-per-read, not a set-it-and-forget-it monthly charge. Subscriptions are like gym memberships: you might not go every day, but you keep paying. Drip wants to make casual encounters equally lucrative.
Why investors should take note Here’s why this is more than a tempura shrimp tossed into the ocean of digital content. AI technologies are on the rise, and with them, new ways of monetizing information are essential. Investors eyeing the next big thing might want to turn their binoculars toward Drip. It signals a fundamental shift in how content creators can get paid, with AI playing cupid.
Utilizing USDC for micropayments adds a layer of predictability in a volatile market. Stablecoins are the adult at the crypto party, watching over the asset shenanigans. Add to that the potential for Drip to expand beyond financial analysis, and you have a recipe for a disruptive entrée.
The bigger picture: blockchain and AI monetization Drip’s focus on financial content could fuel demand for fleshed-out, quality material, which investors and AI companies are likely to favor. With headlines filled with stories about AI doing everything from driving cars to creating art, Drip gives creators another reason to engage with this technology.
The more AI engages financially, the more appealing it becomes for other platforms to integrate similar systems. In the big digital square dance, Drip wants to lead. This could attract new startups eager to combine AI and blockchain in fresh, revenue-friendly ways.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Flash Trade, a decentralized perpetual trading platform operating on the Solana network, experienced an exploit resulting in the unauthorized withdrawal of $98,000 in USDC. The incident took place on July 22 at 00:21 SGT and was linked to a validation flaw in the MagicBlock software development kit (SDK) used by the platform.
MagicBlock SDK flaw triggers unauthorized withdrawalThe exploit was traced to a vulnerability within the #[ephemeral] Anchor macro in the MagicBlock SDK, which handles callback processes for integrator smart contracts during undelegation requests. The flaw allowed an attacker to bypass undelegation checks by submitting a fabricated account designed to mimic a genuine user deposit.
Within a single transaction, the attacker’s account was used as the buffer for a sibling undelegation instruction. While the system correctly verified that the buffer was a signer owned by the delegation program, it failed to check that the buffer’s seeds matched the correct program-derived address. This oversight provided an opening for the exploit and resulted in the unauthorized withdrawal.
MagicBlock responded by reviewing other integrations that used the affected macro and notifying impacted projects. A patched version of the SDK, 0.16.2, now addresses the missing validation and is being recommended for immediate adoption by all integrators.
Mini dictionary: MagicBlock is a blockchain infrastructure company specializing in software tools and SDKs that enable fast and secure smart contract integration on Solana and other networks.
On July 22 at 00:21 SGT, Flash experienced an attack that resulted in a 98,000 USDC withdrawal from the platform. Flash’s batching and monitoring systems surfaced the activity immediately, and the team paused deposits and withdrawals within minutes.
According to statements from MagicBlock, the company has already worked with affected ecosystem participants to prevent similar incidents and is encouraging early upgrades to the patched SDK version.
Flash Trade reported that its new monitoring and batching systems flagged the unauthorized withdrawal within minutes, allowing the team to react quickly. All trading, deposits, and withdrawals were immediately paused as a precaution while the incident was investigated in coordination with MagicBlock.
Normal trading functions resumed within a few hours, but deposits and withdrawals remained offline for approximately 24 hours during a reconciliation process aimed at confirming all platform balances and ensuring user fund integrity. The team emphasized that this suspension was intentional to guarantee a full and accurate reconciliation.
Flash Trade and MagicBlock have jointly contributed to a reimbursement fund covering the entire affected amount, ensuring that users bear no losses resulting from the exploit.
Both Flash Trade and MagicBlock affirmed that they would fully cover the unauthorized withdrawals, guaranteeing that no user funds would be lost. The prompt response and full reimbursement have drawn praise from the broader Solana community.
Industry reaction and security recommendationsArmani Ferrante, CEO of Backpack, an established digital asset wallet provider, commented publicly on the incident. Ferrante identified the exploit as an example of system design weaknesses in margin trading platforms, suggesting the need for a structural overhaul. He recommended implementing an isolated, formally verified custody contract combined with a 24-hour withdrawal timelock to provide platforms with more time to halt suspicious transactions in the event of a compromise.
Such mechanisms, Ferrante argued, would help contain damage from attacks affecting oracle systems, wallet compromises, and margin manipulation. He recognized Flash Trade’s rapid response, noting the importance of proactive security measures in reducing potential losses.
MagicBlock, following the incident, has pledged ongoing collaboration with blockchain integrators, auditors, and independent security researchers to improve the resilience of their SDK offerings and support the wider ecosystem in mitigating such vulnerabilities moving forward.
PlatformExploit DateAsset AffectedAmount LostUser Funds Covered?Flash TradeJuly 22, 2026USDC$98,000Yes (fully covered)Wanchain Cardano BridgePrevious monthsNIGHT515 millionN/ADisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
USD/CHF registers solid gains on Wednesday, with buyers reclaiming the 0.8100 figure amid a trading session in which the Greenback loses ground against most G8 FX currencies but posts gains versus the safe-haven status of the Swiss Franc. The pair trades at 0.8146, up more than 0.20%.
USD/CHF price forecast: Technical outlookThe market structure remains bullish, with USD/CHF forming a series of higher highs and higher lows. Also, the Relative Strength Index (RSI) is bullish, indicating that buyers are gaining momentum and opening the door to further upside. Hence, the path of least resistance is upwards.
The first ceiling level for USD/CHF to clear is the July 13 high at 0.8149. Once surpassed, the next stop would be the August 1, 2025, high at 0.8172, followed by 0.8200. On further strength, the next area of interest will be the June 19, 2025, peak at 0.8215, ahead of the June 4, 2025, daily peak at 0.8250. Once those levels are taken out, the next stop is 0.8300.
On the flip side, to turn bearish, the USD/CHF needs to clear the latest cycle low seen at 0.8061, the July 17 low of the day (LOD), followed by the July 10 swing low of 0.8030. Below lies the 0.8000 mark.
USD/CHF daily price chart
USD/CHF daily chart Swiss Franc Price This week The table below shows the percentage change of Swiss Franc (CHF) against listed major currencies this week. Swiss Franc was the strongest against the British Pound.
USDEURGBPJPYCADAUDNZDCHFUSD0.14%0.59%0.49%0.50%-0.42%0.30%0.75%EUR-0.14%0.46%0.28%0.37%-0.55%0.15%0.60%GBP-0.59%-0.46%-0.17%-0.11%-1.00%-0.30%0.19%JPY-0.49%-0.28%0.17%0.10%-0.85%-0.21%0.36%CAD-0.50%-0.37%0.11%-0.10%-0.87%-0.32%0.29%AUD0.42%0.55%1.00%0.85%0.87%0.71%1.20%NZD-0.30%-0.15%0.30%0.21%0.32%-0.71%0.49%CHF-0.75%-0.60%-0.19%-0.36%-0.29%-1.20%-0.49% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Swiss Franc from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CHF (base)/USD (quote).
GE Vernova (GEV) fell 5.48% premarket after reporting second-quarter diluted earnings of $2.47 a share, well short of the $3.18 Wall Street analysts expected, e
GE Vernova Inc. (GEV) Q2 2026 Earnings Call July 22, 2026 7:30 AM EDT
Company Participants
Michael Lapides - Vice President of Investor Relations
Scott Strazik - CEO, President & Director
Kenneth Parks - Chief Financial Officer
Conference Call Participants
Nicole DeBlase - Deutsche Bank AG, Research Division
Andrew Obin - BofA Securities, Research Division
Nigel Coe - Wolfe Research, LLC
Andrew Kaplowitz - Citigroup Inc., Research Division
Ameet Thakkar - BMO Capital Markets Equity Research
David Arcaro - Morgan Stanley, Research Division
Joseph Ritchie - Goldman Sachs Group, Inc., Research Division
Julien Dumoulin-Smith - Jefferies LLC, Research Division
Christopher Dendrinos - RBC Capital Markets, Research Division
Sunaina Ocalan - Bernstein Institutional Services LLC, Research Division
Presentation
Operator
Good day, ladies and gentlemen, and welcome to GE Vernova's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] My name is Liz, and I will be your conference coordinator today. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to turn the program over to your host for today's conference, Michael Lapides, Vice President of Investor Relations. Please proceed.
Michael Lapides
Vice President of Investor Relations
Thank you. Welcome to GE Vernova's Second Quarter 2026 Earnings Call. I'm joined today by our CEO, Scott Strazik; and CFO, Ken Parks.
Our conference call remarks will include both GAAP and non-GAAP financial results. Reconciliations between GAAP and non-GAAP measures can be found in today's Form 10-Q press release and the presentation slides, all of which are available on our website. Please note that unless otherwise specified, our year-over-year commentary or variances on orders, revenue, adjusted and segment EBITDA, and margin discussed during our prepared remarks are on an organic basis, which includes the removal of the impact of our Prolec GE acquisition.
We will make forward-looking statements about our performance. These statements are based on how we see things
Ed Butowsky and Tom Essaye discuss their takeaways from GE Vernova (GEV) earnings. Tom explains why the company is under pressure following earnings, noting that there was little room for error following a parabolic run in shares.
Artificial intelligence has fueled a surge in demand for power infrastructure, but GE Vernova Inc. (NYSE:GEV) says investors may still be underestimating just how far into the future that demand now stretches.
Speaking on the company’s second-quarter earnings call Wednesday, CEO Scott Strazik said GE Vernova expects to finish the year with at least 125 gigawatts of gas turbines under contract—enough to leave the company “mostly sold out through ’30” while already filling production slots for the following year.
The comments offer one of the clearest signs yet that utilities, hyperscalers and other large customers are locking in electricity infrastructure years in advance as AI data centers, electrification and grid modernization reshape long-term power demand.
Production Slots Are Filling Years AheadGE Vernova’s gas power business continued to benefit from strong global demand during the quarter, signing 20 gigawatts of equipment orders and slot reservation agreements while increasing total contracted capacity from 100 gigawatts to 116 gigawatts. The company now expects that figure to reach at least 125 gigawatts before year-end.
Strazik said the company already has “agreements signed into ’31” and expects “to have sold more than half of the 30 gigawatts of ’31 production slots by the end of this year,” underscoring how customers are committing to capacity years before equipment is scheduled to ship.
The visibility extends even further. During the question-and-answer session, Strazik revealed there are already “active discussions for ’32 and beyond,” although he cautioned that it is too early to discuss the timing of future contracts.
Why Investors Should Pay AttentionThe headline isn’t simply that GE Vernova has a record backlog. It’s what that backlog says about the durability of electricity demand.
While much of Wall Street has tied the company’s momentum to AI data centers, management described a much broader investment cycle. Strazik said “the long-cycle electric power industry is in the early stages of a multi-decade growth opportunity,” adding that GE Vernova is “in the early stages of this electricity investment supercycle.”
That confidence is allowing the company to expand production capacity without building entirely new factories. GE Vernova now expects annual gas turbine output to reach 30 gigawatts by 2030 through lean manufacturing improvements and incremental investments within its existing footprint, with much of that expansion effectively supported by customer commitments already on the books.
Photo: Saskia B / Shutterstock
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Red Cat Holdings (NASDAQ:RCAT) stock is down 26% over the past month and down 8% today to $7.86, putting the drone maker at the heart of a broader shakeout in defense-tech names. The question is whether the group is out of fuel or simply cooling off after a large run higher.
The answer looks mixed across peers. Redwire Corporation (NYSE:RDW) stock has been the worst of the four, down 30% over the past month. Ondas Holdings (NASDAQ:ONDS) stock is down 9% on the month but up 6% today on fresh order news, while AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) shares are up 1% on the month after a U.S. Army contract win. This looks like a major rotation within a battleground sector, with names holding concrete contract wins pulling away from laggards.
Red Cat Stock Leads the Drop Red Cat stock trades at $7.86 today after a punishing four-week stretch. The 52-week range spans $5.77 to $18.78, and the 200-day moving average sits at $11.37, illustrating how far shares have retraced from earlier highs. No confirmed company-specific catalyst explains the move, which fits the broader sector pullback.
Red Cat’s fundamentals remain speculative: Q1 FY2026 revenue came in at $15.47 million, up 849% year over year, but the company posted an operating loss of $27.3 million and is not profitable on a trailing basis. The bull case rests on backlog from Black Widow ISR orders through NATO and Asia-Pacific allies, plus a $131.9 million cash balance from a recent equity raise. Sentiment tools show a full-chain put/call ratio of 0.6, consistent with cautious positioning.
Ondas Stock Bounces on Fresh Orders Ondas stock is the standout mover today. The company announced $70 million in new orders over the past four weeks across unmanned ground systems, border security, counter-UAS, ISR, and precision-strike technologies, exceeding its 2025 backlog of $68.3 million. The company is the only profitable one of the four.
That profitability comes at a trailing P/E ratio of 90x on EPS of $0.09, a rich multiple for a stock trading near $8 that embeds heavy growth expectations. Ondas stock investors are effectively paying up for the sharp guidance raise and expanding counter-UAS backlog.
AeroVironment Stock Holds With an Army Win AeroVironment stock is the relative winner, up on the month after the company was awarded a $117.3 million U.S. Army production contract for its P550 eVTOL unmanned aircraft system, covering 82 aircraft under the Army’s Long Range Reconnaissance program. That deal gave AVAV shares real fundamental support while peers sold off. AeroVironment shares remain down sharply year to date, and the business isn’t profitable on a trailing basis.
AeroVironment’s Q4 report on June 29 delivered a 25% earnings surprise, giving the stock a spark that partly offset broader sector weakness. The beat helped reset sentiment after a weaker Q3 print earlier in the year.
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Redwire Stock Deepens Its Slide Redwire stock has taken the deepest cut of the group. The company is more space-infrastructure and defense-tech than a pure drone play.
Redwire’s Q1 FY2026 EPS came in at -$0.40 versus a -$0.1478 estimate, weighed down by $42.5 million in accelerated equity-based compensation tied to the Edge Autonomy acquisition. At the same time, the company’s backlog hit a record $498.1 million with a book-to-bill ratio of 1.92x.
Sector Flows and ETF Exposure Per S3 Partners, investors poured $10.7 billion into new long exposure across six drone-related stocks between January 16 and July 15 even as the group fell 25% over that stretch. The Pentagon’s Drone Dominance program targets 300,000 low-cost attack drones by the end of 2027 with $1.1 billion in funding.
The iShares U.S. Aerospace & Defense ETF (NYSEARCA:ITA) offers thematic exposure but is dominated by mega-cap primes. It holds Red Cat, AeroVironment, and Redwire at a combined 0.66% of net assets and doesn’t hold Ondas, so a Red Cat slump barely moves the fund. Think of the ETF as diluted theme exposure rather than a concentrated drone bet.
The drone and defense-tech theme still appears to have fuel. Ondas stock is bouncing on order momentum, AeroVironment stock is holding on a real Army contract, and Red Cat and Redwire shares are absorbing most pain. Contract wins separate the winners from the laggards inside this volatile theme.
Investors can watch for follow-through on Ondas stock, whether Red Cat stock stabilizes near recent lows, and how backlog conversion trends at Redwire play out through the next earnings cycle. These remain speculative, mostly unprofitable names, and position sizes should stay modest for those adding exposure here.
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The market has been razor-focused on soaring oil prices this year, and rightfully so. But not paying attention to the broader energy landscape would be a mistake and potentially a missed investment opportunity.
That’s according to Chronometer Partners Chief Investment Officer Matthew Smith, who says there is a huge emerging opportunity in natural gas.
Smith’s argument is built on the thesis that, as power demand increases due to an oil crunch and the needs of artificial intelligence, natural gas will quickly become the best game in town.
Here are the stocks to buy before that happens.
Image source: Getty Images.
Why natural gas will see increased demand and ramp up productionSmith sees natural gas exports in the U.S. ramping from 15 billion cubic feet (Bcf) per day to 35 Bcf by the end of 2030. Smith also expects current excess supply to dwindle and there to eventually be a 5 Bcf deficit of natural gas per day “before the full force of AI demand.”
“Natural gas, which [represents] over 40% of U.S. power generation, is imminently going to become the most important fuel in the country,” Smith said on a recent podcast, according to MarketWatch.
“Gas has lulled everybody to sleep, but what happens is these structural things start to fall into place in 2027-2028, and we start to draw [down] meaningfully in the middle of 2028.”
Interestingly, according to Henry Hub natural gas spot prices provided by the U.S. Energy Information Administration, prices per million British thermal units (BTU) have dropped from $3.62 per million BTU in February to $3.15 in June.
Smith believes that the demand for AI-driven compute, particularly among hyperscalers, could double or triple.
The stocks that will benefitSmith recommends several ways to play this looming natural gas crunch.
U.S. natural gas producers like Expand Energy (EXE +4.48%) and Range Resources have quick access to natural gas and can therefore more quickly ramp production, according to Smith.
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Smith also thinks other renewable energy sources, such as solar and nuclear, could see increased demand, as they are among the few logical ways to counter higher electricity prices.
“… The only viable solution is to build large-scale nuclear as fast as possible, which would mean it needs to come on in 2033 or 2034,” Smith said.
He thinks a larger nuclear company like Cameco could potentially get up and running in that time frame. Solar stocks Smith likes include XPLR Infrastructure and Clearway Energy.
Ultimately, I agree with Smith’s view that natural gas and other alternative sources of energy could be a good place to park some capital.
What the Iran war has shown many people and investors is that there’s likely to be greater emphasis on domestic energy production and alternative energy, if nothing else, for national security.
Iran’s greatest weapon in this war has been the ability to close the Strait of Hormuz, through which one-fifth of the global oil supply travels daily under normal times.
This has made Americans, who are largely removed from war, feel the pain in their finances.
I also think that regardless of what happens with AI, power demand is likely to move higher because the electric grid has seen very few updates in decades.
