Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has linked the platform’s recent $44 million security breach to a targeted social engineering attack. In a July 31 statement shared via X (formerly Twitter), Gupta said early findings indicate that the exploit may have stemmed from manipulation tactics to gain unauthorized internal access. He explained that […]
The US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence. A recent filing from the Chicago Board Options Exchange (CBOE) offers new clues about how the agency may approach crypto ETF approvals in the future. SEC’s crypto ETF listing standard On July […]
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Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues […]
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14% Major cap altcoins registered […]
Polygon’s proof‑of‑stake (PoS) network suffered a one‑hour outage on July 30 that disrupted apps and users. According to Polygon CEO and founder Sandeep Nailwal, the incident did not stop block production. However, QuickNode Status reported that block production stopped for one hour at block height 74,592,238, echoing other reports made by users on X. Consensus […]
Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […]
Visa has revealed that it settled more than $200 million in stablecoin transactions during the second quarter of 2025, marking a notable step in its broader digital asset push. The company shared the update in its quarterly report, linking the rise in volume to its expanded stablecoin settlement framework. The payments giant said its 7-day-a-week […]
Teucrium 2x Long Daily XRP ETF (XXRP) reached $323.6 million in net flows this week, being the first XRP exchange-traded fund (ETF) traded in the US to surpass the $300 million threshold. According to VettaFi’s data, XXRP now represents 52.5% of the total $616 million in net flows registered by US-traded XRP ETFs. Notably, all […]
Strategy closed a $2.521 billion initial public offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and immediately used the proceeds to expand its Bitcoin (BTC) reserve. The company said it purchased 21,021 BTC at an average $117,256 apiece, lifting holdings to about 628,791 BTC as of July 29. The aggregate cost […]
