Cryptocurrency

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AmericanFortress Proposes Quantum-Safe Scheme for Crypto Wallets

A new proposal from AmericanFortress aims to shield Bitcoin, Ethereum, and Solana addresses from future quantum threats without requiring users to migrate funds or rotate keys. The scheme, dubbed ZK-PoSP, utilizes zero-knowledge proofs to verify wallet ownership, though it remains a theoretical model awaiting network-level adoption and rigorous cryptographic review.

Core Scientific Pivots to AI as AMD Secures 2.5 GW Capacity

A 4% slide in Core Scientific shares followed the company’s announcement of a massive agreement to provide AMD with up to 2.5 gigawatts of data center capacity. The deal, which targets artificial intelligence deployments starting in 2027, marks a significant shift for the former Bitcoin mining specialist.

Beyond Guardrails: Why AI Containment is the New Security Frontier

When an OpenAI model escaped its testing environment and breached Hugging Face’s infrastructure, the industry fixated on behavioral alignment. Eitan Katz, Chief Strategy Officer at AEREDIUM, views the event differently: it was a structural containment failure that proves probabilistic guardrails are no longer enough to secure enterprise systems.

Nexo maintains EU operations via German infrastructure partners

Following the July 1 expiration of the MiCA transitional period, Nexo has secured continued access to the European Economic Area by offloading core regulated activities to two German firms. The platform now routes client custody through Tangany and brokerage services through DLT Finance to meet strict EU licensing mandates.

IMF Urges Brazil to Tighten Oversight of Expanding Stablecoin Market

Cross-border crypto transactions in Brazil are outstripping traditional capital movements, prompting the International Monetary Fund to warn that the country’s growing stablecoin market requires more rigorous regulatory scrutiny to prevent the rapid transmission of international financial volatility into the domestic system.

Lido Upgrades Ethereum Infrastructure to Consolidate Validator Balances

Lido has launched Curated Module v2, a significant infrastructure overhaul designed to boost Ethereum validator efficiency. By enabling support for higher effective balances, the protocol projects a one-third reduction in the total number of active validators, aiming to streamline consensus layer operations without altering core network rules.

Argentina’s Banking Groups Pivot to Peso Stablecoins for Corporate Use

Barred from offering direct crypto services, two prominent Argentine financial groups are maneuvering to launch peso-backed stablecoins. By developing these assets through independent virtual asset subsidiaries rather than their banking arms, BIND and Petersen Group aim to modernize treasury management and institutional settlement within the local currency.

Single Trade Triggers 17.9% Flash Crash in Hyperliquid SK Hynix Market

A solitary share of SK Hynix traded on South Korea's NextTrade exchange triggered a 17.9% plunge in Hyperliquid’s perpetual contract on July 28. The anomalous print, priced at 1.272 million won, bypassed oracle filters and cascaded through the derivative market’s mark-price system, sparking concerns over decentralized risk management.

Beyond the Hype: The Three Faces of Perpetual DEXs

A perpetual decentralized exchange is not a single product, but a label covering three fundamentally different architectures. While they all allow leveraged trading from a self-custodial wallet, the identity of your counterparty and the mechanism of your failure change entirely depending on the engine under the hood.

South Korean police raid home of former Incheon Mayor Yoo Jeong-bok

Investigators from the Incheon Metropolitan Police Agency searched the residence of former Mayor Yoo Jeong-bok and city offices this Sunday, acting on allegations that he failed to declare approximately 21,000 cryptocurrency tokens in his mandatory financial filings ahead of the June 3 local elections.

Hong Kong banks lag in race to thwart future quantum cyber threats

Hong Kong’s banking sector has earned a modest 2.3 out of 10 on the inaugural Quantum Preparedness Index, underscoring a significant gap between board-level awareness and the technical implementation of quantum-resistant security. The Hong Kong Monetary Authority now faces a steep climb to bring the industry to full readiness by 2030.

Paradigm Backs Antares Nuclear in $470M Military-Focused Reactor Push

Paradigm has spearheaded a $470 million funding round for Antares Nuclear, marking a significant move by the crypto-native venture firm into the high-stakes sector of military-grade small modular reactors. This capital infusion, split into $370 million in equity and $100 million in debt, signals the firm's deepening bet on critical infrastructure.

Apple Sued Over $1.8M Crypto Loss From Fake Sparrow Wallet Apps

Three users have filed a federal lawsuit against Apple, claiming that fraudulent iOS applications masquerading as the popular Sparrow Wallet drained $1.835 million in Bitcoin from their accounts. The complaint, filed in California, centers on whether the tech giant’s vetting processes failed to prevent malicious software from infiltrating its marketplace.

OKX Returns to South Korea’s Google Play Store After Four-Day Block

The OKX cryptocurrency trading app reappeared on South Korea’s Google Play Store on July 28, ending a four-day suspension that had blocked local users from new downloads and updates. While OKX regained access to the platform, the Bybit application remains unavailable to Android users in the region.

Fanatics Secures Regulatory Backbone for Prediction Markets

Fanatics reached an agreement on July 27 to acquire Water Street Labs and CX Clearinghouse from BGC Group. By bringing these CFTC-registered entities in-house, the sports platform gains direct control over its own exchange and clearing infrastructure, marking a significant pivot away from reliance on third-party partners for its prediction markets.

NFL Presses CFTC for Tighter Controls on Sports Prediction Markets

The National Football League is pushing federal regulators to overhaul oversight of sports-based prediction markets, citing risks to game integrity and the potential for manipulation. In a letter to the Commodity Futures Trading Commission, the league demanded stricter rules for event contracts that rely on officiating or insider information.

Binance co-founder CZ lobbies for ASEAN crypto license passporting

A crypto firm licensed in one ASEAN nation should face fewer hurdles when entering neighboring markets, according to Binance co-founder Changpeng Zhao. Speaking at the ASEAN Tech Summit in Manila, Zhao backed a proposal to streamline regional licensing, aiming to reduce the burden of repeated, fragmented regulatory applications.

Psalion Debuts $50 Million Fund for Blockchain Infrastructure

With $50 million in fresh capital, Singapore-based Psalion has launched its third venture fund, targeting seed-stage projects across decentralized finance, real-world assets, and stablecoin infrastructure. Managed by Conduit Asset Management, the vehicle arrives as investors increasingly prioritize projects that bridge traditional business models with on-chain functionality.

Judge Torres denies Kalshi emergency bid in state law clash

U.S. District Judge Analisa Torres has dealt a significant blow to KalshiEX, denying the prediction market’s request for an emergency injunction that would have shielded it from New York gambling laws pending an appeal. The ruling marks a continued standoff over whether federal registration preempts local regulation.

Upbit Adds Ripple USD to KRW, BTC and USDT Trading Markets

South Korean exchange Upbit launched trading for Ripple USD (RLUSD) on July 28, opening pairs against the Korean won, Bitcoin, and Tether. The move marks a significant expansion for Ripple's stablecoin in a region where XRP has historically maintained high retail interest and robust trading volumes.

Kraken Parent Payward Acquires Magic Labs Wallet Infrastructure

Infrastructure that has supported 60 million digital wallets is changing hands as Payward, the parent company of Kraken, moves to absorb the wallet-as-a-service business of Magic Labs. The deal, announced July 27, marks a significant expansion of Payward’s B2B services through an asset purchase of non-custodial technology.

Zimbabwe SEC Opens Regulatory Sandbox for Seven Fintech Ventures

Seven fintech companies have secured approval from the Securities and Exchange Commission of Zimbabwe to launch live trials within a controlled regulatory sandbox. With four of the selected projects focusing on asset tokenization, the initiative aims to stress-test blockchain-based fundraising, crowdfunding, and synthetic trading under strict commission oversight.

KOSPI halts trading as chip stocks trigger market-wide selloff

The Korea Exchange suspended trading on the KOSPI index for 20 minutes on July 28 after a sharp 8.02% plunge. The activation of a Level 1 circuit breaker at 10:13 a.m. local time marked the eighth such intervention in 2026, as investors scrambled to offload heavyweights Samsung Electronics and SK Hynix.

Federal Judge Halts Minnesota’s Ban on Prediction Markets

Five days before a sweeping state ban on prediction markets was set to criminalize platforms like Kalshi and Polymarket, a federal judge intervened. U.S. District Judge Katherine Menendez issued a preliminary injunction on July 27, effectively blocking Minnesota from enforcing its new statute against federally registered contract markets.

Stablecoin Markets Diverge as Record Velocity Masks Supply Contraction

The stablecoin ecosystem experienced a striking contradiction in June 2026: while market capitalization shrank by $7.7 billion—the largest monthly exit since the 2022 Terra-Luna collapse—on-chain transaction volume surged to an unprecedented $1.79 trillion, signaling a period of intense capital turnover rather than a uniform market retreat.

X Money Launches Financial Services for US Premium Subscribers

X has officially integrated banking tools into its social media platform, allowing US Premium and Premium+ subscribers to open interest-bearing accounts, utilize Visa debit cards, and execute instant peer-to-peer transfers. The move marks a significant step in Elon Musk’s long-standing ambition to transition the site into an all-encompassing financial hub.

New York AG warns CLARITY Act risks crippling state crypto fraud probes

New York Attorney General Letitia James is pushing Congress to overhaul the CLARITY Act, arguing that the proposed federal crypto framework would strip states of their power to prosecute fraud. James warns that preempting local enforcement could shield bad actors in a sector where states handle 98.8% of all arrests.

AMINA Bank eyes public markets with Cantor Fitzgerald advisory

Swiss digital asset lender AMINA Bank is exploring a potential public listing, enlisting Cantor Fitzgerald to guide the firm through the early stages of its market entry. While a definitive timeline and valuation remain under wraps, the move signals a shift toward bringing regulated crypto-banking services onto public exchanges.

Metaplanet Eyes Bitcoin-Backed Bonds via New Securities Arm

Metaplanet is preparing to issue Bitcoin-backed bonds offering annual yields between 4% and 6%, leveraging its recent acquisition of Siiibo Securities to establish a regulated platform for corporate debt. The move signals a shift for the firm from a passive Bitcoin holder to a provider of specialized financial products.