Blockchain Industry Updates & Privacy News
Paxos, a major stablecoin and blockchain infrastructure provider, has joined the Robinhood Chain governance committee. This strategic alliance signals deeper integration between traditional finance and crypto ecosystems, with potential impacts on compliance, innovation, and market dynamics.
Read MoreIran's Revolutionary Guards stated two oil tankers exploded and caught fire in a mined area in the southern Strait of Hormuz. The declaration says the strait is 'completely closed' due to recent U.S. military actions, halting oil and gas transit until operations cease, with vessels advised to avoid the area. Nationality and casualties were not disclosed.
Read MoreOn-chain data reveals a major Hyperliquid whale, holding HYPE tokens worth over $55 million since April, has broken weeks of inactivity by selling 91,100 HYPE ($5.81M) in 24 hours. This significant move has triggered speculation about the token's future price trajectory.
Read MoreHouse Administration Chair Bryan Steil indicated the CLARITY Act, which aims to establish clear rules for digital assets, could see a Senate vote next week. He stressed the urgent need for the U.S. to set a global regulatory standard, signaling a potential shift in crypto oversight.
Read MoreFrench regulator ANJ has ordered ISPs to block access to prediction market platform Polymarket, citing continuously updated odds as prohibited "advertising." Despite a prior ban on financial transactions, French traffic surged to over 578,000 visits in June, prompting stricter enforcement.
Read MoreOn July 18, a whale sold 30,000 ETH via Galaxy Digital's OTC desk for $55M USDC, then deposited funds into Coinbase. The large transaction raises questions about Ethereum's near-term liquidity and whale behavior.
Read MoreIran's Islamic Revolutionary Guard Corps claims its naval air defense forces shot down a US MQ-9 Reaper drone in the early hours of July 18. The incident near strategic waters escalates regional tensions, with Washington yet to issue an official response.
Read MoreFTX's bankruptcy trustee will distribute approximately $900 million to creditors starting July 31, marking the fifth payout round. Eligible claimants can receive funds within 1-3 business days through designated platforms, with small claims receiving 120% repayment.
Read MoreThe Philadelphia Semiconductor Index has fallen more than 20% from its record high, officially entering a bear market. This week's plunge marks the largest weekly drop since April 2025, signaling a significant warning for the global tech sector.
Read MoreThe University of Michigan's consumer confidence index rose sharply in July, though remains below last year's average. A key development is the simultaneous decline in inflation expectations, offering the Federal Reserve some policy breathing room. Analysts note current labor dynamics limit wage-price spiral risks.
Read MoreApple and the U.S. Justice Department are engaged in preliminary settlement talks over a major 2024 antitrust lawsuit, sources reveal. Apple has proposed multiple solutions to resolve allegations of monopolizing the smartphone market, stifling competition, and raising prices. A final agreement is not guaranteed.
Read MoreOn July 18, multiple explosions were reported in various Iranian cities, including suburbs of Lar in Fars province and areas around Yazd. Residents reported hearing military aircraft, heightening regional tensions amid unclear circumstances.
Read MoreTSMC announced an additional $100 billion investment in its Arizona semiconductor plant, raising its total U.S. investment to $265 billion. Trump hailed the move as proof that his trade policies are bringing advanced manufacturing back to America and urged more companies to build factories in the U.S.
Read MoreBitcoin hovers near critical liquidation levels. A drop below $60,785 could trigger over $1.55B in long position liquidations on major exchanges, while a break above $66,857 might liquidate roughly $1.058B in short positions, significantly impacting market volatility.
Read MoreMajor US stock indices closed lower on July 18, with tech stocks broadly declining. The Philadelphia Semiconductor Index fell into a technical bear market after dropping over 20% from its peak. Market performance was mixed, with lithium mining and oil & gas sectors gaining.
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