Crypto News Daily

Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised

Security firms said the attacker used enough hot-validator signatures to approve a 24.15 million USDC withdrawal, while Arbitrum said its native bridge was not affected.

BlackRock, Coinbase and Strategy Pledge $15M to Quantum-Proof Bitcoin

Nine of the biggest institutional names in Bitcoin formed a consortium to fund the developers working to keep the network secure—including from future quantum computers.

AFX Protocol reportedly loses $24M in bridge exploit

Offchain Labs said the incident involved a third-party protocol and did not affect Arbitrum’s native bridge infrastructure.

Arbitrum protocol AFX Trade hit by $24 million bridge exploit: Blockaid

PeckShield flagged that the attacker bridged the stolen funds from Arbitrum to Ethereum and swapped them for 12,467 ETH.

SEC settles Coinbase suit over ‘text messages that disappeared’

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages.

South Korea’s Mirae Asset completes acquisition of Korbit crypto exchange

Mirae Asset also plans to increase its stake from 92.06% to 97.15% through an additional deal later this week, local media reported.

Bitcoin, Ethereum-linked protocols lose $35 million in multiple attacks hours apart

The attacks hit Verus, B² Network and other cross-chain systems, showing how compromised keys, upgrade powers and validation checks can empty protocols without breaking the underlying cryptography.

Bitcoin ETFs approach $1B in 7-session inflow run

US spot Bitcoin ETFs recorded $69 million in inflows on Wednesday, extending their inflow streak to seven sessions and bringing total inflows during the period to nearly $1 billion

BitMEX to shut down permanently 11 years after Arthur Hayes co-founded crypto exchange

BitMEX, co-founded by Arthur Hayes, will shut down on Sept. 23, 2026, at 04:00 UTC after owner HDR Global Trading's strategic review.

BitMEX to shut down after 11 years in crypto derivatives

BitMEX announced it will shut down operations on Sept. 23, 2026, after owner HDR Global Trading Limited decided to close the crypto exchange.

BitMEX to Close on September 23, Halts New Sign-Ups

The crypto derivatives pioneer told users to close positions and withdraw funds before it goes dark on September 23.

BitMEX, the exchange that invented perps, is shutting down

BitMEX, co-founded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap.

BitMEX token crashes 90% as exchange announces shutdown

BitMEX’s BMEX token plunged about 90% after the exchange announced plans to shut down, ending nearly 12 years in business as its Bitcoin futures market share shrank.

$131 billion crypto vault boom will test the limits of SEC’s friendlier crypto stance

On July 22, SEC Commissioner Hester Peirce warned that some crypto vaults and onchain lending strategies may fall under federal securities laws. According to her, the regulatory risk depends on how the products are structured and who controls the investment decisions. Crypto vaults pool customer ass...

$460 billion Bitcoin risk draws BlackRock, Coinbase and Strategy into $15M quantum defense mission

BlackRock, Coinbase and Strategy are backing a $15 million effort to prepare Bitcoin against future quantum-computing attacks. The companies are among nine founding members of the Bitcoin Security Consortium, announced July 23 to support developers and researchers working on the network’s long-term ...

BitMEX shutdown gives traders 2 months to withdraw, but active positions face an earlier deadline

BitMEX, the Seychelles-based crypto exchange founded by Arthur Hayes, announced on July 23 that it will shut down at 04:00 UTC on Sept. 23. Customers now have two months to close positions and withdraw funds, and new registrations have already stopped. The effective trading deadline arrives sooner. ...

South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family

Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's affiliate has taken a controlling stake in a domestic crypto exchange.

Goldman Sachs CEO Breaks With Wall Street to Back Crypto Clarity Act

Solomon's endorsement splits with JP Morgan's Jamie Dimon and banking trade groups, who warn the bill's stablecoin-yield provisions could pull deposits away from traditional lenders.

White House pushes back as key Democrats rejects CLARITY Act’s crypto ethics

The White House pushed back against the Senate Democrats' rejection of the latest version of the CLARITY Act, with ethics remaining a major sticking point. The clash comes despite President Donald Trump’s decision this week to accept new ethics limits, reflecting how far apart negotiators remain as ...

Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%

Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.

New Verus-Ethereum bridge attack drains $7.5 million through flaw used in May: Blockaid

A second Verus-Ethereum bridge exploit in two months drained $7.54 million through the same vulnerability class used in May, per Blockaid.

Bitcoin’s $69,000 test could expose its whale-led rebound as a fragile Fed gamble

Bitcoin trades near $65,978, below the $69,000 level Glassnode treats as the average cost basis for short-term holders, and the Federal Reserve's July 28-29 meeting will decide if this disconnect can be closed. June payrolls rose by only 57,000, unemployment stayed at 4.2%, and revisions cut April a...

Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It

The exploit hit a custody bridge AFX operates rather than the Arbitrum network itself, with the stolen funds quickly moved to Ethereum.

Crypto 'Wrench Attacks' Cost Victims $124M in Six Months, Up 12x: CertiK

Physical attacks on crypto holders are increasingly happening at home, and France has become the epicenter, a new report finds.

Strategy-led group pledges $15M to quantum-proof Bitcoin network

A consortium led by Strategy and BlackRock has pledged $15 million to secure the Bitcoin network from the threat of a quantum computing breakthrough.

Strategy, BlackRock form Bitcoin Security Consortium to prepare for quantum computing threat

Nine firms including Strategy and BlackRock formed a $15 million Bitcoin security consortium to fund post-quantum cryptography research.

The SEC settles with Coinbase over its missing Gary Gensler texts

A new court status report reveals the agency will pay a flat fee to resolve a two-year fight over what former Chair Gary Gensler knew about Ethereum.

Here’s why the CLARITY Act’s ethics deal may be so hard to reach

Both parties say they want US crypto market structure legislation, but a dispute over ethics rules and who enforces them is becoming the bill’s biggest obstacle.

SEC pays $150,000 as Coinbase-backed Freedom Of Information Act settlement releases two withheld documents

The SEC will pay $150,000 in legal fees and review how it preserves records as part of a July 22 settlement ending a Coinbase-backed public-records lawsuit. History Associates, the company working with Coinbase, filed the lawsuit on June 27, 2024. The case closed with a deal before a judge ever weig...

Coinbase lets businesses accept USDC payments from AI agents

The exchange also introduced AI trading tools and a developer kit as part of a broader push to build financial infrastructure for autonomous AI agents.

Gemini sent $10M in Bitcoin to Trump PAC after joint motion with CFTC

The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini.

White House accuses Moonshot AI of distilling Anthropic tech for K3

US officials warn that Chinese firms conducting covert, industrial-scale AI distillation could face sanctions and export restrictions.

Swiss bank BancaStato launches regulated crypto trading with Sygnum

Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps for Bitcoin and other assets.

Mirae Asset completes Korbit acquisition, becomes largest shareholder

Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset protections are unchanged.

Bitcoin rose 2% on CLARITY progress while Coinbase, Circle jumped over 8% – but why?

Bloomberg ETF analyst James Seyffart argued that the CLARITY Act should carry virtually no direct effect on Bitcoin's price. In his view, Bitcoin already holds the infrastructure the bill is trying to build for the rest of the industry: commodity treatment, regulated futures, spot ETF access, and in...

BlackRock, Coinbase, Strategy in group pledging $15 million to prepare Bitcoin for quantum threats

Members will direct funding independently, with the consortium taking no role in Bitcoin governance or protocol decisions.

Goldman Sachs CEO backs Clarity Act despite banking industry's concerns over stablecoin rules

The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose key stablecoin provisions.

BTC treasury firm Empery Digital invests $20M in AI data center developer Cardinal Data Power

The investment marks Empery’s latest push into AI infrastructure as the company shifts capital away from its Bitcoin treasury strategy.

Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon

Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions on stablecoins.

Tesla books $112 million crypto paper loss as digital assets fall to $674 million

The crypto market slump wiped $112 million from Tesla’s pretax second-quarter results. The unrealized loss reduced earnings for common stockholders by $87 million after tax, or $0.02 per diluted share. The carrying value of Tesla's digital assets fell to $674 million at June 30, 2026, from $786 mill...

As BitMEX exits, analysts warn crypto consolidation is accelerating

BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the shift toward licensed trading venues.

Bitcoin slides below $65K as Iran conflict fuels $100 oil and bond-yield surge

Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%.

Kakao taps Circle to explore won stablecoin payment infrastructure

Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services.

24/7 financial rails: How BNY plans to eliminate the weekend lag in U.S. Treasuries

The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.

Circle partners with Kakao, Toss Bank to explore stablecoin payment rails in South Korea

Circle plans to explore blockchain-based payment infrastructure in South Korea through partnerships with Kakao and Toss.

Kazakhstan approves strategic crypto mining rules tied to national reserve

Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules.

XRP’s $1.16 recovery gets support from whales and a $285 million ETF streak

XRP’s recovery above $1.16 this week has coincided with a shift in the token’s supply picture, as large holders move fewer coins onto exchanges while US-listed exchange-traded funds continue to attract fresh capital. The retreat in exchange-bound supply follows weeks of consolidation around $1, when...

Uniswap pushes deeper into tokenized assets with permissioned trading pools

The framework, developed with Superstate, Securitize and Dowgo, lets regulated funds and securities trade on Uniswap while enforcing compliance rules necessary for institutions.

Coinbase calls AI payments its ‘most high-conviction bet’ as businesses begin accepting agent payments

Coinbase will enable businesses to accept payments from AI bots, powered by Coinbase Payments and the x402 standard.

Brazilian Farmers Are Tokenizing Cows to Get Farm Loans—And It's Working

The first tokenized livestock deal on Brazil's stock exchange offers dairy farmers a lifeline as the sector's credit crisis deepens.

Robinhood CEO’s X account hacked in apparent memecoin scam

A hacker reportedly took over Robinhood CEO Vlad Tenev’s X account to promote a fake “VLAD” memecoin, posting what appeared to be a malicious token contract address.

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

The post, now deleted, touted a token called $VLAD and falsely claimed it would be listed on Robinhood.

Nasdaq-Listed Zhibao Wants a Bitcoin Treasury, Plans to Sell $220M in Stock for BTC

A Shanghai-based insurance-tech company trading below $1 wants to build a bitcoin treasury by taking BTC directly as payment for new shares.

Home invasions became most common crypto wrench attack in H1 2026: CertiK

Crypto home invasions rose to 20 in H1 2026 from one a year earlier, while France accounted for 33 of 52 verified wrench attacks, according to CertiK.

Bitcoin may have bottomed before its traditional cycle low: Grayscale’s Pandl

Grayscale’s head of research said that Bitcoin may have bottomed, arguing that macro factors, such as interest rate decisions as increasingly driving the price action of this maturing asset class.

HYPE falls as crypto funds queue nearly $150M in locked tokens for withdrawal

HYPE briefly fell 8% from its local highs as Multicoin Capital, Selini Capital and Galaxy Digital queued nearly $150 million of the token for withdrawals.

Abu Dhabi's Mubadala Capital joins tokenization push as Coinbase takes stake in onchain fund

The sovereign wealth-backed asset manager tapped KAIO to bring one of its private market funds onchain across Base, Solana and Sui networks.

Southeast Asian Scam Networks Cost Victims Up to $114B in a Year: UN

Once-fragmented syndicates have fused into a single, tech-driven criminal economy that increasingly runs on crypto, the UNODC warns.

LayerZero, Keeta enable tokenized bank deposits across Ethereum, Solana and Base

LayerZero and Keeta have partnered to enable native transfers of tokenized bank deposits across Ethereum, Solana, Base, and Keeta.

Ethereum nears market bottom against Bitcoin, though key signals remain unconfirmed: CryptoQuant

Ether trades below its realized price while onchain indicators point to easing selling pressure and recovering demand, though a definitive cycle bottom has yet to emerge.

Coinbase's corporate customers can now accept payments from AI agents

Rolling out this week, Coinbase Business users will be able to accept payments from AI agents, done via the x402 protocol, developed and incubated by the exchange.

MoonPay now accepts Discover Network cards for crypto purchases and sales in US

The addition makes Discover the third major U.S. card network supported by MoonPay, alongside Visa and Mastercard.

Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out

The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves.

Robinhood CEO Vlad Tenev's X Account Hacked to Shill Fake 'Vladhood' Token

The deleted post touted a bogus "Vladhood" token as the mascot of Robinhood Chain—the latest fraud to exploit a network currently dominated by memes.

Bitcoin treasury company erases 7.7M shares after selling 177 BTC – yet Bitcoin per share fell

Smarter Web sold 177.89 Bitcoin to repay an $11.7 million convertible instrument that could have produced 7.72 million new shares. The July 23 repayment disclosure said the UK-listed Bitcoin treasury company completed the sale at an average price of $65,762 about two weeks before the instrument's ma...

Bernstein says Bitcoin mining deals necessary for AI power crunch

Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers.

Latest $3.8 billion RWA recovery shows how quickly DeFi absorbed the KelpDAO shock

Active use of tokenized real-world assets in DeFi has returned to about $3.77 billion, close to the level visible before an April 18 exploit triggered a $13 billion decline across DeFi as a whole in 48 hours. DefiLlama's tracking puts that recovery at roughly 95 days from the shock to July 22. The f...

Robinhood CEO’s X account apparently hacked to promote Vladhood memecoin flagged as ‘scam’

Robinhood Chain has seen cumulative DEX volume of about $9 billion, primarily driven by higher-risk memecoins, per Entropy Advisors.

Clarity Act expected to miss its window before Congress' summer break, leadership says

The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start before then.

XRP whales accumulate as small holders capitulate

XRP whales accumulate 2.8% more tokens over five weeks as small holders capitulate, sending the price back above $1.16.

Live markets: Bitcoin trades above $65,000 as Alphabet's bigger AI bill props up the chip trade

Alphabet beat on revenue but raised its AI spending forecast again, sending its stock lower after hours. For the chip complex bitcoin tracks, more spending is the bullish read.

Polymarket to challenge France’s nationwide website block

France’s regulator has said the platform still promoted illegal gambling and cited loss, identity-check and market-manipulation risks.

Bitget secures license for New Zealand expansion

Crypto exchange Bitget said it was registered as a financial service provider with New Zealand’s financial regulator, enabling it to expand its services in the country.

Flow Traders pilots Lombard’s new bitcoin-backed credit strategy for stablecoin borrowing

Lombard Finance is launching its Bitcoin Onchain Credit Strategy with Flow Traders as the pilot partner.

Swan CEO claims Twenty One serves Tether’s US political interests, calls Mallers’ role ‘ceremonial’

Twenty One Capital is Tether's "U.S. entity for them to ... line pockets where needed for political reasons," says Cory Klippsten.

Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

The crypto asset manager thinks the four-year cycle is dead, suggesting Bitcoin's price will follow macro forces and the Fed's next move.

Crypto industry to contribute $55B to US economy in 2026: NCA study

The research released by the organization said that crypto companies will directly or indirectly lead to 232,000 jobs across the entire US economy in 2026.

Coinbase to expand Singapore office headcount by 25%: report

Coinbase plans to expand its Singapore office from 150 to about 200 employees by the end of 2026 as it grows its presence in the Lion City.

Bitcoin will get ‘lift’ from Hyperliquid, Robinhood in next crypto bull market: Bitwise exec

Bitwise predicted that Hyperliquid and Robinhood TradFi ventures should form the basis for a crypto bull-market comeback that would lift Bitcoin and Ether.

Morning Minute: Wall Street Moving Onchain Will Drive the Next Bull Market

At least that's what Bitwise's CIO believes. Plus Republicans publish new Clarity Act draft, and the SEC Commissioner has a warning for DeFi.

Binance joins STOP THE TRAFFIK in anti-human trafficking effort

The partnership expands Binance’s compliance efforts by providing intelligence and training to help detect cryptocurrency activity tied to human trafficking and child exploitation.

Crypto for Advisors: It’s time for tokenization to get to work

‘Not currently the right capital solution’: Smarter Web sells 178 bitcoin to repay $11.7M convertible instrument

The Smarter Web Company sold 177.89 BTC at $65,762 to repay $11.7 million to TOBAM early, cancelling 7.7 million in potential share issuance.

The KIDS Act is way worse than digital carding — it is a mass surveillance system

The fact that lawmakers are even contemplating a bill that would create a surveillance and censorship regime should be a wake-up call for everyone who values privacy and free expression, argues Electronic Frontier Foundation's India McKinney.

Fears of AI-driven DeFi hack epidemic overstated for now — but not for long

Are the fears of an AI driven hacking epidemic totally overblown, or is this just the lull before the storm?

Black Forest Labs Unveils FLUX 3 AI: Ditches Stills for Video—And Robot Hands

FLUX 3 is the German AI lab’s first video model, and the same system is already teaching robots to work an Audi assembly line.

Crypto catches its breath as bitcoin settles into a holding pattern amid July rally

BTC is rangebound between $64,000 and $66,800 after a 13% recovery from July's lows, with macro markets offering little direction and WLFI the session's surprise standout at +12%.

Bulls face a test unlike anything in bitcoin's 17-year history

Your day-ahead look for July 23, 2026

Proof of Reserves: What It Means for Exchange Trust

The Trust Deficit For most of the crypto industry’s history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to it...