Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and PeckShield and tracked by Lookonchain, pushed July’s total hack losses well past June’s tally, underscoring
Pump.fun has introduced BOOST mode, a new launch mechanism that automatically converts “dead liquidity” into token buybacks and burns, aiming to strengthen newly launched memecoins after they migrate from the platform’s bonding curve. The feature became the default launch mechanism for all eligible new tokens on July 21 and is designed to improve capital efficiency
Telegram is preparing what could become the largest cryptocurrency onboarding initiative ever attempted. Founder and CEO Pavel Durov has announced plans to integrate a native non-custodial crypto wallet directly into every version of Telegram, giving the messaging platform’s more than one billion monthly active users access to instant, zero-fee cryptocurrency transfers. The announcement, made on
Vietnam is set to introduce its toughest cryptocurrency enforcement measures to date, with domestic investors facing fines of up to 50 million Vietnamese dong (approximately $1,900) for trading digital assets through unlicensed platforms. The new penalties, which take effect on September 1, 2026, form part of the country’s broader effort to establish a regulated crypto
U.S. spot Bitcoin exchange-traded funds (ETFs) extended their recovery on July 20, recording a fifth consecutive trading day of net inflows for the first time since late April. The renewed buying streak signals a notable shift in institutional sentiment after months of persistent outflows, even as investors continue to navigate geopolitical tensions, uncertainty around Federal
Hyperliquid is preparing to open its outcome markets to permissionless deployment, marking the next phase of its HIP-4 upgrade and positioning the decentralized exchange to compete more directly in the rapidly expanding prediction market sector. The project announced on July 20 that a future network upgrade will allow qualified users — not just validators —
South Korea’s financial regulators have investigated around 40 cases of suspected crypto market manipulation since the country’s landmark Virtual Asset User Protection Act took effect in July 2024, underscoring the government’s increasingly aggressive approach to policing digital asset markets. The figures, released by the Financial Services Commission (FSC) to mark the law’s second anniversary, show
Noxa, the dominant token launchpad on Robinhood Chain, abruptly halted operations in mid-July after generating an estimated $12 million in cumulative fees, according to DefiLlama data, with some trackers placing the total closer to $14.5 million. The shutdown has rattled the young network’s memecoin economy and reopened questions about how much of Robinhood Chain’s early
The European Securities and Markets Authority has expanded its Markets in Crypto-Assets register with 14 additional companies, pushing the total number of licensed crypto-asset service providers in the European Union to 294. Ripple Payments Europe SA, the payments arm of blockchain company Ripple, is among the newest entrants, gaining authorization to offer regulated crypto services
Cantor Fitzgerald and Securitize announced a partnership on July 15 to bring IPOs and follow-on offerings by public companies onto blockchain infrastructure, in an effort to expand tokenization from secondary market trading to the primary capital-raising process of traditional capital markets. Cantor Turns to Securitize for On-chain IPOs Cantor Fitzgerald is attempting to forge a