Cryptocurrency
BingX Leverages Enzo Fernández World Cup Milestone for User Campaign
Midfielder Enzo Fernández secured Argentina’s spot in the World Cup quarterfinals with a decisive goal that also marked the 3,000th strike in tournament history. Following the performance, exchange platform BingX is capitalizing on the momentum by rolling out a series of community-focused promotional campaigns for its global user base.
Trump threatens Iran strikes as Bitcoin retreats
Bitcoin tumbled below $62,000 on Thursday as Donald Trump warned of imminent military strikes against Iran, citing Tehran's alleged violation of previous agreements. The rhetoric, delivered during the NATO Summit in Ankara, sent shockwaves through financial markets, fueling a 5% surge in oil prices on fears of supply chain disruptions.
Ripple Secures Landmark Jersey Sponsorship with University of Kansas
The XRP logo will debut on University of Kansas athletic uniforms under a five-year sponsorship agreement, marking the first time a major NCAA Division I program has entered a jersey partnership with a cryptocurrency firm.
SpaceX Bitcoin movement sparks jitters as SPCX stock slides
A nominal $88 Bitcoin transfer from a SpaceX-linked wallet has triggered outsized market anxiety, casting a shadow over the company’s recent Nasdaq-100 debut. Despite the microscopic size of the July 8 transaction, the move broke a six-month silence, amplifying investor unease already heightened by broader corporate sell-offs.
OpenAI Clears Regulatory Hurdle for GPT-5.6 Launch
The U.S. Department of Commerce has granted OpenAI official clearance for its GPT-5.6 model, a decision that ends weeks of regulatory uncertainty. This approval clears a path for the company to deploy three distinct versions of the system—Sol, Terra, and Luna—as early as this Thursday.
American CryptoFed Pushes SEC Toward August Token Deadline
With an August 17 deadline looming, American CryptoFed is demanding that the Securities and Exchange Commission recognize its Locke governance token. The organization contends that under federal securities law, the registration should take effect automatically, marking a critical juncture in its years-long struggle to achieve formal regulatory compliance.
Europe’s Crypto Reset: The High Cost of MiCA Compliance
The July 1, 2026, deadline for the European Union’s Markets in Crypto-Assets (MiCA) regulation triggered an industry-wide contraction, forcing thousands of firms to shutter or relocate. Out of more than 3,000 legacy Virtual Asset Service Providers, only 244 projects successfully secured the necessary CASP licenses to continue operations.
Dunamu Secures South Korean Police Crypto Custody Contract
The Korean National Police Agency has named Dunamu, operator of the Upbit exchange, as the preferred bidder for a one-year contract to manage seized digital assets. The deal, valued at 267 million won, aims to secure confiscated cryptocurrencies following a series of high-profile security lapses within law enforcement agencies.
Base Rolls Out B20 Standard to Simplify Native Asset Issuance
Developers on the Base network can now issue stablecoins and tokenized real-world assets directly through protocol-level infrastructure. By bypassing the need for custom ERC-20 smart contracts, the newly activated B20 standard aims to streamline asset deployment while maintaining compatibility with existing wallets and exchange systems.
India’s Reserve Bank Doubles Down on Crypto Prohibition
The Reserve Bank of India has reaffirmed its push for a total ban on cryptocurrencies and privately issued stablecoins, arguing that these assets threaten the nation’s monetary sovereignty. Despite this hardline stance, millions of Indian investors continue to trade, leaving tax authorities struggling to track transactions across offshore platforms.
Kenya seeks blockchain surveillance to police new crypto market
Kenya’s Capital Markets Authority is moving to acquire an advanced blockchain analytics platform capable of monitoring transactions across 20 different networks. The push comes as the regulator prepares to enforce its new virtual asset law, aiming to track suspicious wallets and identify offshore exchanges operating without local approval.
Plaintiffs drop 44 wallets from Satoshi Bitcoin ownership lawsuit
The legal bid to seize thousands of dormant Bitcoin wallets has hit a snag, as plaintiffs were forced to strike 44 addresses from their list. The move comes after on-chain activity confirmed that the accounts—previously labeled as abandoned—remained under the control of their original owners.
Bitmine Nears 5% Ethereum Supply Milestone with $70M Acquisition
Bitmine has expanded its massive Ethereum holdings with a fresh $70 million purchase, bringing its total treasury to nearly 5% of the token’s entire circulating supply. The move underscores the company's aggressive strategy to dominate the network’s staking ecosystem despite recent volatility in its own share price.
Altcoin Market Struggles as Liquidity Drains and Bitcoin Dominance Holds
Forty percent of all altcoins are currently trading near their all-time lows, a stark indicator of the deepening stress across the broader cryptocurrency market. As Bitcoin maintains its grip on investor capital, the sheer volume of new token issuance continues to dilute liquidity, leaving smaller projects vulnerable to collapse.
Toss Launches Blockchain Pilot for Won-Linked Stablecoins
South Korean financial giant Toss has entered a three-month trial with Optimism and Sunnyside Labs to determine if public blockchain infrastructure can handle institutional payment demands. The project centers on testing whether a won-linked stablecoin can thrive under strict local regulatory compliance and privacy standards.
EU Lawmakers Revive Controversial Message Scanning Proposal
With a narrow 331-304 vote, the European Parliament has fast-tracked a decision on extending temporary powers that allow platforms to scan private messages for child sexual abuse material. The move revives a framework that expired in April, forcing an urgent showdown this Thursday that could impact the future of digital privacy.
Clearstream Adds Six Altcoins to Institutional Custody Platform
Clearstream, the post-trade powerhouse owned by Deutsche Börse Group, has expanded its digital asset custody service to include XRP, Solana, Cardano, Litecoin, Stellar, and Avalanche. This move doubles the firm's supported crypto portfolio, signaling a shift in institutional appetite for assets beyond Bitcoin and Ether within regulated frameworks.
Russian lawmakers soften crypto disclosure rules in new draft
The State Duma Financial Market Committee has greenlit a revised cryptocurrency bill, ditching a controversial requirement for users to report individual wallet addresses. By shifting focus toward transaction volume and balance reporting, officials aim to mitigate security risks while integrating digital assets into the domestic financial system.
AngelList to End Crypto Funding Support by July 31
Investors on AngelList must transition to traditional banking methods by the end of July as the platform discontinues support for cryptocurrency payments. The shift, triggered by a third-party provider's service exit, impacts funding contributions made via USDC, USDT, DAI, and ETH for all new investment commitments.
Solana Foundation Taps Twitter Veteran Michael Coates as Security Chief
Michael Coates, the former head of security at Mozilla and Twitter’s inaugural CISO, has joined the Solana Foundation to oversee its cybersecurity operations. His appointment arrives as the network manages massive daily stablecoin volumes and seeks to bolster its defenses against increasingly sophisticated threats, including AI-driven attacks.
Judge Torres Deals Blow to Kalshi in New York Sports Betting Case
A federal judge has denied Kalshi’s request for a preliminary injunction, allowing New York to proceed with its legal challenge against the exchange’s sports prediction markets. The decision rejects the platform’s argument that federal oversight should automatically override state gambling laws, forcing the company to face state-level scrutiny in the financial hub.
Gemini pivots to stocks with zero-commission trading rollout
Gemini is shedding its crypto-only identity by launching commission-free stock trading across most of the United States. By integrating thousands of exchange-listed securities directly into its mobile app, the company aims to transform from a niche digital asset exchange into a comprehensive financial hub for retail investors.
StarkWare CEO’s 4% inflation proposal ignites Bitcoin cap debate
StarkWare CEO Eli Ben-Sasson has sparked a fierce backlash within the cryptocurrency community by suggesting that Bitcoin’s rigid 21-million supply cap is flawed. He argues that the inevitable loss of private keys over time necessitates a new monetary policy, proposing an annual issuance of up to 4% to maintain liquidity.
Strategy’s $135M Bitcoin Sale Bypasses Monetization Cap
MicroStrategy’s recent $135 million Bitcoin sale may not diminish its $1.25 billion monetization program as previously assumed by market observers. According to VanEck’s head of digital assets research, Matthew Sigel, the company’s latest regulatory filings indicate that dividend-related liquidations are categorized separately from the firm's primary cash reserve-funding initiative.
Strike Debuts Volatility-Proof Bitcoin Loans to Curb Forced Liquidations
Strike has introduced a Bitcoin-backed loan product designed to eliminate margin calls and price-triggered liquidations for borrowers. By decoupling debt security from market volatility, the firm allows users to access cash while maintaining their Bitcoin positions, provided they adhere to a strict repayment schedule.
EDX Markets Secures $76M from SBI to Scale Institutional Crypto
A $76 million Series C infusion led by Japan’s SBI Holdings marks a significant push by EDX Markets to dominate institutional crypto infrastructure. The firm plans to leverage this capital to bolster its spot trading, perpetual futures, and clearing services as it attempts to bridge the gap between traditional finance and digital assets.
Secret Network Proposes Migration to Arbitrum Over Security Fears
A $4.7 million bridge exploit has prompted Secret Network to weigh an exit from the Cosmos ecosystem. Citing vulnerability to AI-assisted code analysis and shrinking liquidity, developers are proposing a migration to Arbitrum, a move that would see the creation of a new ERC-20 token and a hard snapshot of holdings.
Vanguard pivots to digital assets with search for new leadership
After years of maintaining a rigid distance from the cryptocurrency market, Vanguard is officially seeking a head of digital assets. The firm’s search for a high-level executive signals a strategic pivot toward blockchain infrastructure, tokenization, and stablecoins, marking a departure from its previously staunch resistance to digital asset products.
CFTC Charges North Carolina Operator in $14.8 Million Crypto Fraud
The Commodity Futures Trading Commission has launched a civil enforcement action against Trevor Vernon and his firm, Argent Capital Management, alleging a multi-year scheme that defrauded at least 60 investors out of nearly $15 million through fabricated performance reports and the misuse of client capital.
New Hampshire to Review $100M Bitcoin-Backed Bond Proposal
State officials will convene on July 8 to evaluate a proposed $100 million Bitcoin-backed bond, a move that tests the intersection of traditional municipal finance and digital assets. The Business Finance Authority structure aims to facilitate investment without exposing taxpayers to the inherent volatility of cryptocurrency markets.