24/7 Blockchain industry dynamics and breaking crypto news
South Korea's largest bank, KB Kookmin Bank, is set to launch a cross-border payment service in August utilizing JPMorgan's blockchain platform, Kinexys. Targeting import/export firms, it will initially support USD settlements across 10 countries and integrate with SWIFT for near-instant transactions.
Read MoreA South Korean media investigation reveals that Google Play has removed apps from at least 29 overseas cryptocurrency derivative exchanges from its local store. This move, seen as part of tightened regulatory compliance efforts, disrupts access for users in Korea and impacts the operations of affected global trading platforms.
Read MoreIran stated that recent deputy foreign minister-level talks with Oman on managing safe shipping through the Strait of Hormuz were productive and made progress. Technical and political consultations will continue, while navigation conditions remain unchanged.
Read MoreThe Iranian president condemned recent US attacks on Iran's civilian transport infrastructure as clear war crimes, urging international legal action. This escalates tensions between the two nations.
Read MoreIsraeli PM Netanyahu, ahead of his Washington visit, disclosed plans to meet President Trump, focusing on Iran. He sharply criticized the ICC prosecutor's removal, alleging it was a diversionary tactic. The U.S. has signaled strong action against the ICC.
Read MoreIran's military announced a pause in retaliatory strikes on July 26, citing no new US attacks over two consecutive nights. This move signals a potential de-escalation in tensions, though the situation remains fluid under close international observation.
Read MoreNew Cambridge data shows Bitcoin mining's annual electricity consumption has surged to about 190 TWh, a 38% increase. Despite higher energy use, low-carbon sources now power 59.4% of mining, with hydropower overtaking natural gas as the top single energy source, indicating rapid industry greening.
Read MoreMajor Arab media report that the US and Iran have formally responded to a Qatar and Pakistan-brokered proposal to restart negotiations. This signals a potential diplomatic breakthrough, possibly reviving stalled talks on the nuclear deal and regional security.
Read MoreWith MiCA and UK regulations taking effect, compliance costs are surging in Europe's crypto sector. The industry is shifting from 'license races' to 'cost survival,' driving consolidation. SMEs may turn to M&A, joint ventures, and deeper ties with traditional banks, where compliance strength and capital scale define new competitive edges.
Read MoreOn-chain data reveals that 13.8 million TRUMP tokens, recently unlocked by a team-associated address, have been swiftly transferred to several major centralized exchanges. This movement of assets worth over $21 million signals potential team activity and is drawing close market scrutiny.
Read MoreBase lead Jesse outlined its vision to become the "free market of the internet." Data shows its on-chain spot trading share tripled in a year, leading in Bitcoin and FX volume. The platform is now poised to aggressively expand into on-chain stock trading.
Read MoreSingapore Police and the FBI have signed a memorandum to enhance cooperation against online scams, focusing on blockchain intelligence sharing. A recent joint operation successfully prevented millions in losses from cross-border crypto fraud, highlighting intensified international law enforcement collaboration.
Read MoreFT reports crypto platforms are offering perpetual contracts tracking Chinese chipmaker CXMT's pre-IPO value, generating $19M volume in 24 hours. These stablecoin-settled derivatives provide overseas investors alternative exposure ahead of its $10B Shanghai listing.
Read MoreA major global cryptocurrency exchange conducts monthly red team exercises, simulating real-world attacks like impersonating recruiters. Employees who repeatedly fail these security tests risk termination, with results directly tied to performance reviews.
Read MoreFollowing BitMart's announcement of a phased shutdown, MSX founder Bruce J has expressed acquisition interest and contacted their team. He pledges to complete the transfer first and eliminate all spot and futures trading fees if successful, citing excessive fees in crypto exchanges.
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