24/7 Blockchain industry dynamics and breaking crypto news
Samsung Electronics announced plans to natively integrate stablecoin support into Samsung Wallet, merging payments, rewards, and digital assets within the Galaxy ecosystem. This move positions Samsung among the first major smartphone makers to offer such built-in functionality. A new co-branded digital payment card will also launch first in the U.S.
Read MoreJapan plans to launch Bitcoin ETFs as early as 2028 under revised financial laws. Retail investors are expected to be the primary funding source, potentially driving up to 3 trillion yen in inflows by FY2028, contrasting with the institutional-led US market.
Read MoreA major crypto VC's recent unstaking of HYPE tokens was not for selling, but part of standard operational security. The firm highlights the critical need for privacy in institutional on-chain activities, citing constant wallet rotation to avoid tracking. This underscores growing institutional focus on privacy infrastructure and value storage networks.
Read MoreThe Arbitrum bridge of Perp DEX protocol AFX Trade was exploited, resulting in the theft of approximately 24.15 million USDC. The funds were abnormally drained, bridged to Ethereum mainnet, and swapped for ETH, highlighting ongoing security vulnerabilities in DeFi cross-chain infrastructure.
Read MoreOn-chain data reveals BitMEX co-founder Arthur Hayes has aggressively accumulated 3,270 ETH worth $6.27M over eight days. This sustained buying spree signals strong conviction in Ethereum's long-term value and may influence broader market sentiment.
Read MoreOn-chain data reveals a dormant crypto whale has reemerged, purchasing 27,000 ETH worth approximately $52 million through a major institutional OTC desk. This massive transaction after three months of inactivity is drawing significant market attention to Ethereum's price trajectory and institutional capital flows.
Read MoreOvernight developments spotlight tech giants and regulatory moves. Tesla reported no Bitcoin trades in four years, booking an impairment loss, while OpenAI hiked its cloud budget. The U.S. saw a new version of the CLARITY Act targeting official crypto dealings, and an SEC commissioner warned on crypto lending.
Read MoreThe US Senate could hold a crucial vote on the crypto market structure bill as early as next week. While Republicans released a new version, Democratic concerns over regulatory effectiveness remain unresolved. The bill needs at least seven Democratic votes to advance, making its passage uncertain.
Read MoreThe SEC approved stricter Nasdaq delisting rules, mandating immediate suspension and delisting for companies whose market value stays below $5 million for 30 days. This move targets market manipulation and volatility in micro-cap and penny stocks, signaling a major regulatory crackdown.
Read MoreOn July 23, South Korea's KOSPI index opened sharply higher, breaking through the 6900 level with a gain of 2.44%. The rally was led by semiconductor giants SK Hynix and Samsung Electronics, surging 4% and 3.2% respectively.
Read MoreGalaxy Digital is seeking around $3.5 billion through a high-yield bond offering to fund a Texas data center project with CoreWeave. Led by Morgan Stanley and Goldman Sachs, the deal highlights growing AI infrastructure financing in riskier credit markets.
Read MoreFintech giant Revolut has initiated an employee share sale at a $115 billion valuation, with shares priced at $2,017 each. This marks a dramatic increase from its $75 billion valuation less than a year ago, highlighting its rapid growth trajectory.
Read MoreForeign investors made their largest net purchase in nearly two months in South Korean stocks, briefly pushing the KOSPI above 7,000. However, profit-taking by domestic institutions and retail investors capped the gains, raising questions about the rally's sustainability.
Read MoreSenator Cynthia Lummis indicates the released draft of the Digital Asset Market Clarity Act is not final. Key provisions on government ethics and anti-illegal finance measures face further debate this weekend, with industry feedback shaping the final text.
Read MoreMizuho analysts warn that the CLARITY Act, if passed, could bring regulatory clarity that intensifies competition in the stablecoin market, posing long-term headwinds for Circle and USDC. The bill's latest draft has been released and may advance to a Senate vote soon.
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