AFX Trade has paused its Arbitrum-operated USDC custody bridge after approximately $24.15 million in USDC was drained on July 22, 2026, according to a Blockaid alert. The incident was detected at 21:30 UTC, targeting AFX’s bridge infrastructure rather than Arbitrum’s native bridge. The exact root cause remains under investigation by the project, while security firms…
Senate Republicans on Wednesday released an updated draft of the Digital Asset Market Clarity Act, unveiling a long-awaited ethics package negotiated with the White House just as lawmakers race to bring the crypto market structure bill to a floor vote before the August recess. The new text merges language from the Senate Banking and Agriculture…
Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and PeckShield and tracked by Lookonchain, pushed July’s total hack losses well past June’s tally, underscoring…
Pump.fun has introduced BOOST mode, a new launch mechanism that automatically converts “dead liquidity” into token buybacks and burns, aiming to strengthen newly launched memecoins after they migrate from the platform’s bonding curve. The feature became the default launch mechanism for all eligible new tokens on July 21 and is designed to improve capital efficiency…
Telegram is preparing what could become the largest cryptocurrency onboarding initiative ever attempted. Founder and CEO Pavel Durov has announced plans to integrate a native non-custodial crypto wallet directly into every version of Telegram, giving the messaging platform’s more than one billion monthly active users access to instant, zero-fee cryptocurrency transfers. The announcement, made on…
Vietnam is set to introduce its toughest cryptocurrency enforcement measures to date, with domestic investors facing fines of up to 50 million Vietnamese dong (approximately $1,900) for trading digital assets through unlicensed platforms. The new penalties, which take effect on September 1, 2026, form part of the country’s broader effort to establish a regulated crypto…
U.S. spot Bitcoin exchange-traded funds (ETFs) extended their recovery on July 20, recording a fifth consecutive trading day of net inflows for the first time since late April. The renewed buying streak signals a notable shift in institutional sentiment after months of persistent outflows, even as investors continue to navigate geopolitical tensions, uncertainty around Federal…
Hyperliquid is preparing to open its outcome markets to permissionless deployment, marking the next phase of its HIP-4 upgrade and positioning the decentralized exchange to compete more directly in the rapidly expanding prediction market sector. The project announced on July 20 that a future network upgrade will allow qualified users — not just validators —…
South Korea’s financial regulators have investigated around 40 cases of suspected crypto market manipulation since the country’s landmark Virtual Asset User Protection Act took effect in July 2024, underscoring the government’s increasingly aggressive approach to policing digital asset markets. The figures, released by the Financial Services Commission (FSC) to mark the law’s second anniversary, show…
Noxa, the dominant token launchpad on Robinhood Chain, abruptly halted operations in mid-July after generating an estimated $12 million in cumulative fees, according to DefiLlama data, with some trackers placing the total closer to $14.5 million. The shutdown has rattled the young network’s memecoin economy and reopened questions about how much of Robinhood Chain’s early…
