Crypto News Daily

Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first

Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives, tokenized assets and decentralized finance.

Myanmar parliament passes crypto scam bill with penalties up to life

Myanmar lawmakers approved an anti-online scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers.

Visa outlines stablecoin strategy during Q3 earnings call

Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during the company’s third-quarter earnings call.

Morgan Stanley expands crypto lineup with Ether, Solana ETPs

The new exchange-traded products track Ether and Solana, offer staking rewards and follow the firm’s Bitcoin fund launched earlier this year.

Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations

Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the underlying stock.

BlackRock, Fidelity, other Wall Street giants back the Clarity Act

BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.

Inside the CME and CFTC’s battle over onchain perpetual futures

Weeks ago, the U.S. CFTC opened the gates for crypto perps with its first listing approval, but major derivatives player CME is fighting back against what it sees as a diversion from the law.

Circle is arming USDC with 1,000 IBM patents to secure its grip on global banking rails

Circle has acquired nearly 1,000 IBM blockchain patents as the USD Coin (USDC) issuer pushes deeper into the infrastructure connecting stablecoins with banks and payment networks. In a July 27 statement, the firm said the portfolio includes more than 680 patent families spanning blockchain technolog...

How a crypto exchange secretly hid $53M in stolen crypto to prevent a bank run – as the SEC targets its directors

Thailand's Securities and Exchange Commission has filed a criminal complaint against Bitkub Online and two former directors, alleging that the crypto exchange submitted daily net-capital reports, known as Form DA 1, that failed to show the effect of a 2021 theft involving about 1.7 billion baht (rou...

Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street

Bitcoin and crypto dropped as contagion from a major Asia stock-market correction spreads to the US at the Wall Street open.

Apple’s App Store promoted fake Bitcoin wallet that stole $1.8M after developer spent a year warning them

Apple’s tightly controlled App Store is facing renewed scrutiny after three Bitcoin holders alleged they lost $1.8 million to a fake crypto wallet, adding to a growing list of malicious wallet apps that have reached users despite the company’s screening process. The lawsuit, filed July 24 in Califor...

Crypto hacks hit record high in H1 2026 as losses top $1 billion, Blockaid says

Ethereum and Solana projects lost the most during the first half of 2026, at $332 million and $326 million, respectively.

Judge blocks Minnesota from enforcing prediction market ban in win for Kalshi, Polymarket

A federal judge issued a preliminary injunction on Monday, blocking Minnesota from enforcing its new law banning prediction markets.

Apple kept fake bitcoin wallet on App Store after $875,000 theft report, lawsuit alleges

A lawsuit alleges Apple kept a fake bitcoin wallet app on its store after one user reported an $875,000 theft, leading to another user having roughly $840,000 stolen.

Russia’s central bank drafts first rules for ‘organized’ crypto trading

The Bank of Russia drafted rules establishing organized trading, equity requirements, and digital depositories for digital asset markets.

Russia outlines new digital depository rules ahead of fall crypto framework roll-out

The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.

Claude Mythos Cracked Post-Quantum Cryptography That Humans Spent Years Failing to Break

Anthropic’s locked model found a new attack on a post-quantum signature scheme headed for U.S. federal standardization.

Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline

A federal judge has temporarily barred Minnesota from enforcing its new prediction-market felony law against federally regulated exchanges designated by the Commodity Futures Trading Commission as contract markets, including Kalshi and Polymarket US, days before the statute takes effect on Aug. 1. J...

Apple faces lawsuit over alleged $1.8M Bitcoin wallet app losses

Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million.

Lido upgrade aims to slash Ethereum’s validator count by one-third

Lido launched Curated Module v2, an upgrade that could reduce Ethereum’s validator count by one-third by consolidating validators and introducing new operator rules.

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows growing faster than traditional capital flows.

Bitcoin drops as South Korean stocks tumble, Senate shelves crypto Clarity Act

BTC shed 2% as South Korea's Kospi plunged 11% and the U.S. Senate shelved the Clarity Act, leaving the market facing a pivotal Fed decision on Wednesday.

Zcash Activates Ironwood Upgrade After Counterfeiting Scare

The long-awaited network upgrade retires Zcash's vulnerable Orchard shielded pool and introduces new safeguards to protect the cryptocurrency's supply.

Bitcoin traders just stripped away crash protection – right as the Fed prepares its most unpredictable rate decision in years

Bitcoin traders have spent the past month reducing protection against a price decline while the Fed has made its next decision harder to predict. The Bitcoin options put-to-call open-interest ratio has fallen to approximately 0.52 from 0.76 in late June, meaning about 52 put contracts remain open fo...

As Senate CLARITY Act odds plunge to 30%, Bitcoin’s refusal to drop signals a stealth upside trap

Bitcoin has largely shrugged off the deteriorating outlook for the CLARITY Act, raising the possibility that traders have already priced another legislative failure into the market. Data from CryptoSlate shows the largest cryptocurrency trading around $63,500 as of press time, above the roughly $61,...

Morgan Stanley debuts Ethereum and Solana ETFs with market’s lowest fee, staking rewards

The firm launching its ETH- and SOL-based funds comes roughly two and half years after the first spot bitcoin ETFs started trading.

Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations

Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the underlying stock.

Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid

A two-minute price shock in a Hyperliquid market tied to South Korea’s SK Hynix has put the mechanics and oversight of equity-linked perpetuals under scrutiny. SKHX, a TradeXYZ-operated perpetual on Hyperliquid that tracks the US dollar value of one Korean SK Hynix share, briefly sank to $927 during...

Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs

The Wall Street giant has launched spot Ethereum and Solana exchange-traded products, expanding its digital asset strategy.

Morgan Stanley expands crypto lineup with Ether, Solana ETPs

The new exchange-traded products track Ether and Solana, offer staking rewards and follow the firm’s Bitcoin fund launched earlier this year.

Visa outlines stablecoin strategy during Q3 earnings call

Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during the company’s third-quarter earnings call.

Hong Kong prepares banks for quantum threats amid tokenization push

The HKMA aims to make Hong Kong’s banking sector fully prepared for quantum-related security risks by 2030 as the city expands tokenized finance.

US judge temporarily blocks Minnesota prediction market ban

The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law.

BitMEX and BitMart may be first casualties of crypto trading slump

Trading volumes across major centralized platforms fell down to $1.05 trillion, marking the quietest stretch of activity for the digital asset market in over two years.

Myanmar Approves Death Penalty for Forced Scam Labor, Life for Crypto Fraud

Scam operations across the region drove up to $114 billion in losses in 2025, according to United Nations estimates.

Binance makes fighting crypto crime more difficult, says new report

The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slow-moving government treaties to get user data.

Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success

The asset manager is offering low-cost ETH and SOL exchange-traded products after its bitcoin fund topped $381 million in assets.

AmericanFortress proposes quantum-safe crypto wallet protection without fund migration

The proposed cryptographic scheme aims to protect existing Bitcoin, Ethereum and Solana wallets from future quantum attacks without requiring users to move funds or change wallet addresses.

Binance phishs its own staff monthly, India censors BitChat code: Asia Express

Binance has been phishing its own staff to get ahead of potential attacks. South Korean crypto volumes tank 89% — plus all of the week’s other crypto news from Asia.

Binance co-founder CZ backs crypto license passporting across ASEAN

Binance co-founder CZ backed crypto license passporting across ASEAN to simplify approvals, reduce compliance costs and encourage competition.

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.

Ethereum L2 ecosystem loses momentum as TVL drops to two-year low

Total value locked in Ethereum Layer 2s has slid back to roughly $5 billion, a level last seen in 2023.

Core Scientific ties its AI pivot to AMD in multi-gigawatt infrastructure deal

Core Scientific and AMD partner on 500 MW of U.S. AI data-center capacity from 2027, scalable to 2.5 GW, with warrants to buy CORZ stock.

Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates

The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a gate that caps withdrawals at verified deposits.

PayPal expands stablecoin push as crypto assets factor into Q2 results

PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.

Zcash activates Ironwood upgrade, launching new shielded pool after Orchard vulnerability

Ironwood represents something of a unified effort across Zcash’s developer ecosystem after Shielded Labs found a bug in Orchard.

Strategy hits a 5 week pause on Bitcoin, using $25M to quietly buy back its own discounted stock

Strategy (formerly MicroStrategy) has begun buying back its STRC preferred stock as the Bitcoin treasury company shifts more capital toward supporting its financing structure. In a July 27 SEC update, Strategy said it purchased 288,930 STRC shares for $25 million between July 20 and July 26, marking...

Bitcoin slides 2% after U.S. close while Korea’s Kospi plunges 10%

Bitcoin recovers from Asian session lows; Nasdaq futures remain under pressure

It's a risk-off day. Still, bitcoin is holding better than Nasdaq and Asian equity markets.

Kalshi, Polymarket Score Win as Judge Blocks Minnesota Prediction Market Ban—For Now

The order turns on whether each contract counts as a swap under federal law, and the judge found that not every one does.

Is the Web3 startup extinction event here, as Wall Street silently inherits crypto architecture?

Crypto’s 2026 bear market has become an industry-wide shakeout. Projects are closing, companies are winding down, and owners are retiring products across exchanges, DeFi, NFTs and infrastructure. The damage has the feel of capitulation. Bitcoin’s low still depends on demand, liquidity and positionin...

Zcash Miner Fortitude Powers Up Nebraska Facility as It Eyes Public Listing

The Digital Currency Group-owned Zcash miner brought its first greenfield site online as it looks to lower mining costs and advance plans to become a public company.

PayPal expands stablecoin push as crypto assets factor into Q2 results

PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.

1Inch moves to unite DeFi liquidity across 13 chains with Aqua

Decentralized exchange aggregator 1Inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once.

Crypto holders face a July 29 Maine deadline as state manual conflicts on when abandoned funds trigger seizure

Maine's new virtual-currency unclaimed-property rules take effect July 29 with a five-year dormancy clock, while the State Treasurer's current reporting manual still shows three years. The mismatch leaves businesses that hold customer crypto without published transition instructions as the statute b...

Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains

EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions.

Robinhood Chain deposits climb but volume and users fade after memecoin-fueled launch

The number of active accounts on Roinbhood Chain averaged around 275,000 per day, down by 7% week-over-week.

Galaxy, MARA Holdings deepen Texas expansion with land acquisitions

The crypto-focused companies announced separate acquisitions as demand for power-intensive AI and digital infrastructure continues to grow.

Ionic Digital jumps 25% in Nasdaq debut after expanding Celsius bitcoin mining assets into AI infrastructure

Ionic Digital was formed from Celsius Mining’s assets and later took direct control of its sites from Hut 8.

1inch's Shared Liquidity Layer Aqua Goes Live

The shared liquidity layer opens to all users on 13 chains, letting one wallet balance stand behind several positions at once.

1inch launches Aqua publicly, a shared liquidity layer for DeFi across 13 chains

1inch launched Aqua publicly across 13 EVM chains, with a 10M 1INCH incentive program for shared, self-custodial DeFi liquidity provisioning.

Galaxy Digital buys 500 acres in McGregor for second Texas AI data center campus

The “privately funded" Texas campus is expected to generate a minimum of $130 million for McGregor's local tax base, Galaxy said.

XRP Price Slides as Senate Drops Clarity Act and Fed Decision Looms

The Senate kicked the can, the Fed has traders on edge, and XRP's charts are running out of support zones to fall back on.

Hong Kong’s central bank puts a number on lenders' quantum preparedness. It's very low.

The Hong Kong Monetary Authority published a whitepaper on the quantum preparedness of Hong Kong’s banking industry and its first Quantum Preparedness Index.

Perpetuals tied to SK Hynix hit by flash crash to $900 on Hyperliquid

Perpetual futures on the South Korean chipmaker's American depositary receipts plunged 20% in one minute before quickly rebounding above $1,000.

Ethereum, Solana led crypto hack losses in H1 2026: Blockaid

Blockaid found Ethereum remained the hardest-hit blockchain in H1 2026, while Solana replaced Arbitrum as the network with the second-highest losses, driven largely by key compromises.

Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land

Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than fragmenting it.

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss.

Why the Bitcoin Rally Seems More Like a Bull Trap

The Bitcoin bounce looked promising. The charts now say it wasn't.

Zimbabwe admits seven fintech projects to regulatory sandbox

Sandbox participation permits supervised testing but does not guarantee full commercial registration.

The real reason DeFi projects that survived 2022 crash are shutting down now

DeFi projects that survived the fallout from the Terra and FTX collapses in 2022 are dying out in 2026. But analysts say it’s not a case of industry consolidation — but the opposite.

Nansen CEO bets on AI agents to overtake human traders within two years

Nansen CEO Alex Svanevik says AI agents will overtake human traders in two years as the platform pivots from analytics to agentic trading.

Ondo shifts from layer-1 blockchain plan to offchain execution network

The new system marks an apparent departure from the institution-focused layer-1 blockchain Ondo announced in 2025.

1inch opens Aqua liquidity protocol across 13 chains

Liquidity providers can keep assets in their own wallets, using one balance to back multiple positions without splitting capital across different pools.

Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows

Analysis warned of a repeat of the 2024 yen carry-trade unwind that pressured crypto markets ahead of the next Bank of Japan interest-rate meeting.

Barry Silbert-backed Zcash miner Fortitude brings Nebraska facility online to cut its ZEC production costs

Fortitude expects its new 12-megawatt mining facility to cut its direct cash mining cost from about $70 to roughly $40 per ZEC.

First ChatGPT, Now Claude: Frontier AI Models Are Escaping Their Sandboxes

A week after OpenAI disclosed a frontier AI sandbox escape, researchers found Anthropic's Claude Cowork could break out of its own virtual machine.

Wall Street veteran Don Wilson says regulators are getting perps all wrong

DRW CEO Don Wilson says perpetual futures aren't inherently risky crypto gambling tools, and it’s time traditional markets and regulators start embracing them.

Ondo drops tokenized asset blockchain plans for private, high-speed trading network

The new network powers Ondo's recently-launched perpetual futures platform and will eventually support trading across onchain financial assets.

What Is a Digital Commodity?

A digital commodity is an onchain asset that draws its value from open-market supply and demand rather than from the work of a company or central issuer. Assets in this category are freely transferable and traded on public markets, which makes them behave more like traditional commodities such as go...

Morning Minute: Strategy Chooses Cash, STRC Over BTC

Plus crypto broadly falls following memory stock slide, Coinbase leans into memes with new feature, and the Fomo app sets a new ATH.

Michael Saylor: Bitcoin Code Is a Constitution, Changes Are Attacks on 'Economic Rights'

The Strategy chairman's latest thread extends his war far beyond BIP-110: now covenants, larger blocks, and any base-layer change are all the same "constitutional offense."

'Anything remotely dovish' from Fed could be good for bitcoin, says analyst

Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AI-driven tech stocks.

Bitcoin’s recent stability hasn't been enough to spark a broader altcoin rally

Your day-ahead look for July 28, 2026

What Is KuCoin?

KuCoin is a global cryptocurrency exchange where users can trade, earn, spend, and manage digital assets. Founded in 2017, the platform is now one of the most popular CEXs, serving more than 45 million users across over 200 countries and regions. These range from first-time crypto users and active r...

'Running Away Balloon' Artist Sues AI Meme Generator Over Ad Templates

The suit sidesteps the fight over AI training data, alleging the comic sits in a paywalled template catalogue, searchable by name.

The Dumbest-Looking AI Prompt Just Beat Months of Careful Game-Design Prompt Engineering

The dev told Claude Opus 5 to be "utterly perfect" and left the rest up to the model—the results turned out to be utterly perfect, for an AI model.

AI firms are shredding physical books because copyright law is quietly rewarding them

ISBNdb is marketing physical-book orders of up to one million titles to AI developers, including material it describes as non-digitized, rare, or out of print. The offer, reported by 404 Media, puts a 2025 copyright ruling in an uncomfortable new light: discarding a purchased book can support the le...

Teacher Arrested for Clapping at AI Data Center Public Hearing

The arrest of a Kansas teacher at a public hearing highlights growing resistance to AI data centers across the United States.

Markets Don’t Buy the US Ceasefire Against Iran Will Last

The odds that a ceasefire lasts at least 14 consecutive days dropped by 10% today on Polymarket, and traders on Myriad believe peace talks won't happen until next month.

Apple Overtakes Nvidia—Which Will Be Bigger by End of July?

Apple’s supposedly inadequate AI spending suddenly looks less like falling behind and more like avoiding a very expensive bill.