24/7 Blockchain industry dynamics and breaking crypto news
The Trump administration has approved a 30-year nuclear cooperation agreement with Saudi Arabia, according to The Wall Street Journal. The deal supports Saudi Arabia's civilian nuclear program and may allow uranium enrichment, with U.S. companies leading infrastructure projects.
Read MoreOn-chain data reveals Multicoin Capital is executing large-scale HYPE transactions, depositing $23.78M to Coinbase Prime while initiating unstaking of $12.94M. The move is seen as potential profit-taking, with estimated unrealized gains exceeding $18.5M from its HYPE holdings acquired five months ago.
Read MoreU.S. spot Bitcoin ETFs recorded a net inflow of $203.2 million yesterday, signaling renewed institutional interest. This sustained capital movement highlights growing confidence in crypto investment vehicles among traditional investors.
Read MoreFEC filings reveal crypto entrepreneurs the Winklevoss twins donated over $10 million in Bitcoin to a pro-Trump super PAC. The move follows CFTC's decision to drop its lawsuit against their exchange Gemini, highlighting growing ties between crypto capital and political influence.
Read MoreThe Ethereum validator entry queue has surged to nearly 2.5 million ETH, with new validators facing an estimated activation wait time exceeding 43 days. This reflects strong staking demand and highlights the dynamic balance of network participation mechanisms.
Read MoreAnalyst Sean Farrell believes the actual probability of The Clarity Act passing is higher than current prediction market prices suggest, based on communication with policymakers. Tom Lee shared and endorsed this view, noting that recent restrictions may have skewed market pricing, signaling a bullish outlook on the bill's passage.
Read MoreSolana perpetual contract protocol FlashTrade disclosed a security incident involving an unauthorized $98K withdrawal. The platform suspended certain functions and launched an investigation. The team pledged to cover all losses, ensuring user funds remain unaffected, while awaiting a technical patch from partners.
Read MoreRamp has launched stablecoin accounts and payment services on the Solana network. Supporting USDC/USDT, it enables payments to over 140 countries, conversion to 40+ fiat currencies, offers up to 3.25% yield on balances, and allows businesses to pay vendors without holding stablecoins, streamlining cross-border settlements.
Read MoreThe US House of Representatives has passed a stopgap funding measure to keep federal agencies operational through the November midterm elections. This temporary spending bill aims to prevent a government shutdown and ensure continuity of essential services during the election period.
Read MoreMove Industries CEO Torab clarified the team has no connection to bankrupt Movement Labs. He stated the company is now a global fintech firm with licensed stablecoin payment rails and recently discussed stablecoin adoption with Ethiopia's central bank.
Read MoreThe US House passed a stopgap funding bill to extend government operations until December 4, averting a September shutdown. The largely party-line vote sets up a political battle for the midterms, with Republicans aiming to target Democrats over spending while Democrats criticize provisions on immigration enforcement funding.
Read MoreOn-chain analysis reveals Hyperliquid has added Chinese A-share company GigaDevice (GIGADEV) to its tradable assets. A key player in memory chips, GigaDevice is strategically linked to previously listed ChangXin Memory, sharing a founder. The dual-listed firm's inclusion broadens the platform's exposure to core technology sectors.
Read MoreOn July 22, the algorithmic stablecoin BalanceCoin (BLC), incubated by 42DAO, was hacked, causing its price to crash 99% and resulting in approximately $915,000 in losses, according to PeckShield. This incident highlights persistent security vulnerabilities in the DeFi ecosystem.
Read MoreS&P Dow Jones Indices and Pantera Capital have jointly launched a digital asset index targeting institutional investors. It uses fundamental screening to exclude Bitcoin and meme coins, focusing on tokens and companies with real utility and revenue. The first batch includes 18 assets.
Read MoreAI developer ORO lost $630K in Alpha tokens to North Korean hackers. Attackers used fake Microsoft Teams links to steal data for a month. ORO admitted temporarily using a software wallet against policy, leading to key theft. The firm is now working with exchanges to recover funds.
Read More