24/7 Blockchain industry dynamics and breaking crypto news
RWA perpetual contracts shattered records in June, surpassing $100 billion in monthly trading volume for the first time. This milestone highlights surging interest and liquidity in tokenized real-world asset derivatives.
Read MoreThe Arc testnet is scheduled to commence its load testing phase on July 8, 2026, designed to evaluate network performance and stability under extreme conditions. Users may experience congestion, higher transaction failure rates, increased fees, longer block times, or temporary halts. This is a crucial technical verification step before mainnet launch.
Read MoreOn-chain data reveals Pump.fun sold over $10 million worth of SOL in a single day on July 8th. This significant liquidation is part of an ongoing trend, with the platform having cashed out nearly $800 million in SOL to date, raising questions about its fund deployment and strategy.
Read MoreSouth Korea's KOSPI index has fallen more than 20% from its June peak, signaling a technical bear market. Chip stocks like Samsung Electronics and SK Hynix led the decline amid growing concerns over the sustainability of AI-driven demand. The market's heavy reliance on a few tech giants and the amplifying effect of leveraged ETFs intensified the sell-off.
Read MoreThe EU is attempting for the 6th time to pass the controversial 'Chat Control' bill, which would allow warrantless scanning of private messages, photos, and emails. Ethereum co-founder Vitalik Buterin commented publicly, reigniting debates over digital privacy and mass surveillance.
Read MoreOn July 8, South Korea's KOSPI index plunged 5% intraday, falling over 20% from its June high and entering a technical bear market. The exchange triggered a circuit breaker, halting program trading. Heavyweight Samsung Electronics tumbled 6%, intensifying market panic.
Read MoreMidday updates highlight the intersection of digital assets and global events. Russia finalizes crypto regulations, easing reporting rules. Uniswap proposes expanding its burn mechanism, while Vanguard's hiring hints at shifting institutional views. Geopolitical tensions between the U.S. and Iran escalate.
Read MoreCybersecurity veteran Michael Coates joins Solana Foundation as CISO. The former Twitter and Mozilla security leader aims to integrate enterprise-grade security practices into the Solana ecosystem and address unique crypto challenges while collaborating with regulators.
Read MoreOpenAI will publicly release three new versions of GPT-5.6—SOL, TERRA, and LUNA—this Thursday. This update signifies a further specialization of model capabilities, promising enhanced performance for distinct use cases and sparking keen interest within the developer community.
Read MoreA new Trade to Earn program is now available, offering a total of 1 million DATA in rewards. Users can participate by completing deposit and spot trading tasks, with a weighted rewards mechanism and calculator provided.
Read MoreIran’s Revolutionary Guards announced strikes on 85 U.S. military facilities in Bahrain and Kuwait, citing violations of a ceasefire agreement. The move signals a major escalation in regional tensions, with potential implications for Middle Eastern security. International observers are monitoring developments closely.
Read MoreA U.S. District Judge in New York has denied prediction market platform Kalshi's request for a preliminary injunction against the state's gambling law. The court ruled state law is not preempted by federal commodities regulations, and Kalshi failed to show likelihood of success. This marks another legal setback for the platform across multiple states.
Read MoreFollowing a strong first half, Nasdaq 100 traders on prediction platform Kalshi show growing caution. Market sentiment suggests increased volatility ahead, with divided views on holding key levels and limited confidence for further rallies.
Read MoreBinance will support the Metal DAO (MTL) network upgrade and hard fork on July 8 (UTC). Deposit and withdrawal services will be temporarily suspended, while spot trading remains unaffected. Services will resume automatically after the upgrade.
Read MoreUniswap Labs has proposed extending its UNI token buyback-and-burn program to the upcoming v4 liquidity pools. The plan would apply protocol fees to select v4 pools, using a portion to repurchase and burn UNI, aiming to enhance its deflationary mechanism. A five-day community snapshot vote is currently underway.
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