24/7 Blockchain industry dynamics and breaking crypto news
Cryptocurrency exchange AscendEX has officially ceased all operations as of July 1, 2026. The platform now only allows limited withdrawal functions, with all requests subject to manual review. The shutdown is primarily driven by the full implementation of the EU's MiCA regulation and shifting global compliance pressures.
Read MoreRobinhood CEO Vlad Tenev sold 375,000 shares for approximately $43.56 million, while retaining a stake worth over $5 billion. The move sparks debate on whether it reflects insider sentiment or routine portfolio management.
Read MoreOn-chain data reveals a dramatic surge in trading activity for Robinhood Chain on Uniswap, with 24-hour volume hitting $5.7 billion—a more than tenfold increase from the previous day. This spike highlights growing momentum for Layer 2 solutions and shifting capital flows within DeFi.
Read MoreBinance has renewed its airdrop campaign for eligible USD1 holders, offering a total prize pool of 165 million WLFI tokens. The four-week event features weekly distributions, with bonus rewards available for users meeting specific trading volume requirements.
Read MoreSony Bank has obtained conditional approval from the U.S. OCC to establish a national trust bank. It plans to form subsidiary Connectia Trust this month, targeting a 2027 launch for USD-denominated stablecoin issuance and management, marking a major traditional finance player's move into digital assets.
Read MoreA Tennessee ban on cryptocurrency ATMs took effect July 1, making installation or operation a Class A misdemeanor. A federal court denied an emergency request to halt the ban during an ongoing constitutional challenge, impacting major operators like CoinFlip.
Read MoreUS spot Ethereum ETFs attracted a net inflow of $70.5 million in a single day, signaling renewed institutional interest. This notable capital movement highlights shifting market dynamics and potential catalysts behind Ethereum's growing appeal among investors.
Read MoreThe US Central Command announced consecutive military strikes against Iran on July 8-9, targeting approximately 170 military assets. The operation aimed to degrade Iran's ability to threaten shipping in the Strait of Hormuz, responding to recent attacks on commercial vessels. US forces remain on high alert.
Read MoreA surge in the 'Odyssey' info-stealing Trojan targets macOS users globally. It steals browser passwords, crypto wallet data, SSH keys, and implants persistent backdoors, posing a severe threat to digital assets and privacy.
Read MoreU.S.-Iran tensions have severely disrupted Strait of Hormuz shipping, with recovery potentially delayed until 2027. Meanwhile, Temasek revealed increased stakes in Anthropic and OpenAI, raising its AI asset target to 15%. Fed minutes flagged inflation risks, while Binance's He Yi cautioned against overinterpreting personal online activity.
Read MoreMaple Finance's governance proposal MIP-021 introduces a structured, revenue-linked buyback mechanism for SYRUP tokens. It tiers buyback percentages based on monthly protocol revenue, aiming to create a transparent and predictable value return path. The proposal is now in community feedback before voting.
Read MoreRecent escalation in US-Iran conflict has drastically reduced shipping activity in the critical Strait of Hormuz. Traffic is nearly at a standstill, with most vessels using Iran-controlled routes. This sharp decline contrasts starkly with the busy transit seen during the recent ceasefire, posing a severe threat to global energy supplies.
Read MoreData reveals a significant shift in US spot Bitcoin ETF flows, with a net outflow of $84.9 million recorded on July 9. This movement suggests potential profit-taking or risk aversion among some investors amid recent market conditions, highlighting a trend to watch for its impact on crypto asset prices.
Read MoreSteven Goldfeder of Offchain Labs revealed that 10% of fees from Arbitrum-based L2s, like Robinhood Chain, will flow into the Arbitrum ecosystem. This includes 8% to the DAO treasury and 2% for development funding, creating a sustainable revenue model for growth.
Read MoreThe White House is preparing for potential days or weeks of clashes with Iran in the Hormuz Strait. With diplomacy stalled, military pressure is now central to U.S. strategy. The safe passage of hundreds of tankers has eased oil price fears, but frustration within Iran's hardline factions adds to the uncertainty.
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