₿ Bitcoin and Ethereum Protocols Lose $35M in Coordinated Attacks
Multiple Bitcoin and Ethereum-linked protocols were drained of $35 million in a series of attacks that struck within hours of each other, targeting Verus, B² Network, and other cross-chain systems.
The exploits did not break underlying cryptography. Instead, attackers leveraged compromised private keys, abused upgrade permissions, and bypassed validation checks — weaknesses in how protocols are managed and governed, not in the blockchains themselves.
The cluster of attacks highlights a recurring pattern in DeFi: the most critical vulnerabilities often sit in operational security and admin controls, not the code that users see.
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Multiple Bitcoin and Ethereum-linked protocols were drained of $35 million in a series of attacks that struck within hours of each other, targeting Verus, B² Network, and other cross-chain systems.
The exploits did not break underlying cryptography. Instead, attackers leveraged compromised private keys, abused upgrade permissions, and bypassed validation checks — weaknesses in how protocols are managed and governed, not in the blockchains themselves.
The cluster of attacks highlights a recurring pattern in DeFi: the most critical vulnerabilities often sit in operational security and admin controls, not the code that users see.
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📢 Samsung Wallet to Support Stablecoins After Galaxy Unpacked Reveal
Samsung has announced stablecoin support is coming to Samsung Wallet, positioning the app as a broader financial platform beyond payments and loyalty rewards.
The announcement came at the 2026 Galaxy Unpacked event, alongside the launch of the Samsung Galaxy Card. Samsung described the updated wallet as "the foundation of a connected financial ecosystem." The company showcased a wallet interface featuring Circle's USDC, though no official stablecoin partnerships have been confirmed yet.
No specific launch date or list of supported stablecoins has been announced beyond the USDC display shown at the event.
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Samsung has announced stablecoin support is coming to Samsung Wallet, positioning the app as a broader financial platform beyond payments and loyalty rewards.
The announcement came at the 2026 Galaxy Unpacked event, alongside the launch of the Samsung Galaxy Card. Samsung described the updated wallet as "the foundation of a connected financial ecosystem." The company showcased a wallet interface featuring Circle's USDC, though no official stablecoin partnerships have been confirmed yet.
No specific launch date or list of supported stablecoins has been announced beyond the USDC display shown at the event.
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₿ Bitcoin Stalls at $68,000 as 3.55M BTC Hit Cost Basis
Bitcoin has gained roughly 10% in July, climbing from lows near $58,000 to around $63,955 — but its advance is stalling as it approaches $68,000.
The reason: 3.55 million BTC are sitting near their holders' cost basis at that level. When price reaches what holders originally paid, many tend to sell, creating a significant supply wall that is currently offsetting strong spot Bitcoin ETF demand.
ETF inflows have been a key driver of July's recovery, but the concentrated cluster of break-even sellers around $68,000 is proving difficult to push through without a major shift in buying pressure.
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Bitcoin has gained roughly 10% in July, climbing from lows near $58,000 to around $63,955 — but its advance is stalling as it approaches $68,000.
The reason: 3.55 million BTC are sitting near their holders' cost basis at that level. When price reaches what holders originally paid, many tend to sell, creating a significant supply wall that is currently offsetting strong spot Bitcoin ETF demand.
ETF inflows have been a key driver of July's recovery, but the concentrated cluster of break-even sellers around $68,000 is proving difficult to push through without a major shift in buying pressure.
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💰 Payment Gateway Triple-A Loses $9.7M in Multi-Chain Hack
Triple-A, a global fiat-to-crypto payment gateway, has been hit by a major exploit. Attackers drained its hot wallets across four blockchains — Ethereum, Solana, TRON, and TON — stealing over $9.7 million in total.
Blockchain security firm PeckShield flagged the incident after on-chain analyst Specter first spotted suspicious transactions. The attacker then swapped the stolen assets and consolidated the proceeds on Ethereum — a common laundering tactic to obscure the trail.
Triple-A serves businesses and merchants processing crypto payments globally, making this a significant breach in crypto payment infrastructure. The full cause of the exploit has not been publicly confirmed yet.
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Triple-A, a global fiat-to-crypto payment gateway, has been hit by a major exploit. Attackers drained its hot wallets across four blockchains — Ethereum, Solana, TRON, and TON — stealing over $9.7 million in total.
Blockchain security firm PeckShield flagged the incident after on-chain analyst Specter first spotted suspicious transactions. The attacker then swapped the stolen assets and consolidated the proceeds on Ethereum — a common laundering tactic to obscure the trail.
Triple-A serves businesses and merchants processing crypto payments globally, making this a significant breach in crypto payment infrastructure. The full cause of the exploit has not been publicly confirmed yet.
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📊 Stablecoin Volume Surges 4–5x as Supply Doubles Since 2024
Stablecoin supply has roughly doubled since January 2024, but transaction activity has grown even faster — up fourfold to fivefold — according to Coinbase Institutional, revealing a widening gap between available onchain liquidity and actual usage.
The data highlights stablecoins settling transactions around the clock, including weekends when traditional banking systems are offline. Settlement speeds are described as up to 8x faster than US cash rails, with the broader stablecoin network approaching $1 trillion in activity.
The divergence between market cap growth and volume growth suggests demand for dollar-denominated onchain activity is outpacing the simple accumulation of stablecoin reserves — a signal of deepening real-world utility rather than passive holding.
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Stablecoin supply has roughly doubled since January 2024, but transaction activity has grown even faster — up fourfold to fivefold — according to Coinbase Institutional, revealing a widening gap between available onchain liquidity and actual usage.
The data highlights stablecoins settling transactions around the clock, including weekends when traditional banking systems are offline. Settlement speeds are described as up to 8x faster than US cash rails, with the broader stablecoin network approaching $1 trillion in activity.
The divergence between market cap growth and volume growth suggests demand for dollar-denominated onchain activity is outpacing the simple accumulation of stablecoin reserves — a signal of deepening real-world utility rather than passive holding.
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💰 $7B Flows Into Chainlink as Bridge Hacks Drive Migration
Chainlink pulled in over $7 billion in token value onto its cross-chain infrastructure in Q2, according to its own quarterly review.
The surge was driven by two forces: crypto projects ditching older bridging systems following a $650 million wave of bridge hacks, and traditional finance firms moving deeper into tokenized asset markets — both turning to Chainlink as a more secure alternative.
The growth reflects accelerating institutional adoption on both sides of the digital-asset economy, with Chainlink expanding its role as core infrastructure for cross-chain transfers and real-world asset tokenization.
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Chainlink pulled in over $7 billion in token value onto its cross-chain infrastructure in Q2, according to its own quarterly review.
The surge was driven by two forces: crypto projects ditching older bridging systems following a $650 million wave of bridge hacks, and traditional finance firms moving deeper into tokenized asset markets — both turning to Chainlink as a more secure alternative.
The growth reflects accelerating institutional adoption on both sides of the digital-asset economy, with Chainlink expanding its role as core infrastructure for cross-chain transfers and real-world asset tokenization.
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₿ Company Sells $87M in Bitcoin to Fund AI Data Centers
A firm holding Bitcoin as a treasury asset has sold down its BTC holdings and is redirecting capital toward AI data center infrastructure.
As of July 10, the company still held 1,514 BTC alongside $45 million in debt, while moving funds into two separate infrastructure investments.
The pivot marks a notable shift from a pure Bitcoin treasury strategy toward physical AI compute infrastructure — a trend gaining traction among crypto-native companies looking to diversify into the AI buildout.
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A firm holding Bitcoin as a treasury asset has sold down its BTC holdings and is redirecting capital toward AI data center infrastructure.
As of July 10, the company still held 1,514 BTC alongside $45 million in debt, while moving funds into two separate infrastructure investments.
The pivot marks a notable shift from a pure Bitcoin treasury strategy toward physical AI compute infrastructure — a trend gaining traction among crypto-native companies looking to diversify into the AI buildout.
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🔷 Bitmine Now Holds 4.8% of All Ethereum Supply
Bitmine Immersion Technologies (BMNR) has grown its Ethereum holdings to 5.79 million ETH — roughly 4.8% of the entire ETH supply — after adding 9,946 ETH in its latest purchase.
The company reports $11.8 billion in total crypto, cash, marketable securities and other investments. Of its ETH stack, 4.92 million tokens are actively staked, valued at $9.6 billion. Bitmine also repurchased 6.1 million shares under its $4 billion buyback program.
Bitmine is emerging as one of the largest institutional holders of Ethereum, mirroring the corporate Bitcoin treasury strategy pioneered by Strategy (formerly MicroStrategy).
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Bitmine Immersion Technologies (BMNR) has grown its Ethereum holdings to 5.79 million ETH — roughly 4.8% of the entire ETH supply — after adding 9,946 ETH in its latest purchase.
The company reports $11.8 billion in total crypto, cash, marketable securities and other investments. Of its ETH stack, 4.92 million tokens are actively staked, valued at $9.6 billion. Bitmine also repurchased 6.1 million shares under its $4 billion buyback program.
Bitmine is emerging as one of the largest institutional holders of Ethereum, mirroring the corporate Bitcoin treasury strategy pioneered by Strategy (formerly MicroStrategy).
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📊 $700M Liquidated as BTC, ETH and XRP Plunge Before FOMC
The crypto market took a sharp hit, with around $700 million in positions liquidated as Bitcoin, Ethereum and XRP dropped sharply ahead of the Federal Open Market Committee meeting.
Total crypto market capitalization shed roughly $80 billion during the Tuesday morning crash, hitting traders across major assets simultaneously.
The sell-off reflects heightened uncertainty around the Fed's upcoming rate decision, a pattern that has historically triggered volatility across risk assets including crypto.
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The crypto market took a sharp hit, with around $700 million in positions liquidated as Bitcoin, Ethereum and XRP dropped sharply ahead of the Federal Open Market Committee meeting.
Total crypto market capitalization shed roughly $80 billion during the Tuesday morning crash, hitting traders across major assets simultaneously.
The sell-off reflects heightened uncertainty around the Fed's upcoming rate decision, a pattern that has historically triggered volatility across risk assets including crypto.
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🍎 Fake Bitcoin Wallet Drained $1.8M on Apple's App Store
Three users are suing Apple in federal court over a counterfeit Sparrow Wallet app that stole $1.835 million in Bitcoin — and the case has a damning detail: Apple allegedly kept the fake app live even after one victim reported an $875,000 theft.
According to the lawsuit, filed in the US District Court for the Northern District of California, a second user then lost roughly $840,000 after Apple failed to remove the app. The real Sparrow Wallet developer also reportedly warned Apple about the fake, but said his attempts were ignored.
The case directly challenges Apple's core App Store argument — that its closed ecosystem makes it the safest place to download software. Plaintiffs allege Apple "exploited consumer trust" by failing to act on known fraud reports.
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Three users are suing Apple in federal court over a counterfeit Sparrow Wallet app that stole $1.835 million in Bitcoin — and the case has a damning detail: Apple allegedly kept the fake app live even after one victim reported an $875,000 theft.
According to the lawsuit, filed in the US District Court for the Northern District of California, a second user then lost roughly $840,000 after Apple failed to remove the app. The real Sparrow Wallet developer also reportedly warned Apple about the fake, but said his attempts were ignored.
The case directly challenges Apple's core App Store argument — that its closed ecosystem makes it the safest place to download software. Plaintiffs allege Apple "exploited consumer trust" by failing to act on known fraud reports.
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📢 SEC Chair Atkins Backs CLARITY Act, Calls Himself "Optimistic"
SEC Chairman Paul Atkins has publicly backed the CLARITY Act, a landmark U.S. bill aimed at creating a comprehensive regulatory framework for digital assets.
Atkins said he is "committed" to helping advance the legislation and "optimistic" Congress will pass it. The bill has already cleared the House and now moves to Senate review — the key remaining hurdle before the U.S. could establish its first formal crypto market structure law.
If passed, the CLARITY Act would set clearer rules for how digital assets are classified and regulated — a long-sought goal for the crypto industry.
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SEC Chairman Paul Atkins has publicly backed the CLARITY Act, a landmark U.S. bill aimed at creating a comprehensive regulatory framework for digital assets.
Atkins said he is "committed" to helping advance the legislation and "optimistic" Congress will pass it. The bill has already cleared the House and now moves to Senate review — the key remaining hurdle before the U.S. could establish its first formal crypto market structure law.
If passed, the CLARITY Act would set clearer rules for how digital assets are classified and regulated — a long-sought goal for the crypto industry.
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💰 AIW3 — Free Airdrop via Follow-and-Check-In Tasks, Backed by OKX
AIW3, an AI-powered automated crypto trading platform, is distributing its $AIW3 token to users who earn points. The project is officially listed on OKX Boost — its own reward pool there already stands at $200,000 USDT, with 19,983 participants.
Free tasks (zero investment):
✅ Follow on X — +10 points
🔁 Repost the campaign — +20 points
💬 Join Telegram — +10 points
📅 Daily check-in — +3-10 points (7-day cycle)
TGE (token launch) — August 3. The snapshot for the current round has already passed, but points keep accumulating toward the next monthly rounds.
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AIW3, an AI-powered automated crypto trading platform, is distributing its $AIW3 token to users who earn points. The project is officially listed on OKX Boost — its own reward pool there already stands at $200,000 USDT, with 19,983 participants.
Free tasks (zero investment):
✅ Follow on X — +10 points
🔁 Repost the campaign — +20 points
💬 Join Telegram — +10 points
📅 Daily check-in — +3-10 points (7-day cycle)
TGE (token launch) — August 3. The snapshot for the current round has already passed, but points keep accumulating toward the next monthly rounds.
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🔷 Morgan Stanley Launches Cheapest ETH & SOL ETFs at 0.14%
Morgan Stanley has entered the spot crypto ETF market with two new funds: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL), both listed on NYSE Arca.
At a 0.14% annual expense ratio, they are the cheapest ETH and SOL ETFs available in the US. Both funds also offer staking rewards — a feature that sets them apart from most competing products.
The launch gives Morgan Stanley's 16,000 in-house financial advisors a staking-enabled crypto fund to offer clients directly.
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Morgan Stanley has entered the spot crypto ETF market with two new funds: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL), both listed on NYSE Arca.
At a 0.14% annual expense ratio, they are the cheapest ETH and SOL ETFs available in the US. Both funds also offer staking rewards — a feature that sets them apart from most competing products.
The launch gives Morgan Stanley's 16,000 in-house financial advisors a staking-enabled crypto fund to offer clients directly.
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₿ Bitcoin Slips Below $64K After FOMC Meeting
Bitcoin dropped roughly 0.5% overnight, falling below $64,000 after the Federal Reserve's FOMC meeting concluded without a rate hike — but Fed Chair hints at future hikes triggered a mild sell-off across crypto markets.
Crypto held up relatively well compared to US equities, which took a harder hit of around $1 billion in losses. Meanwhile, Tether announced an expansion into Africa, and US authorities moved to target Iran-linked crypto activity.
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Bitcoin dropped roughly 0.5% overnight, falling below $64,000 after the Federal Reserve's FOMC meeting concluded without a rate hike — but Fed Chair hints at future hikes triggered a mild sell-off across crypto markets.
Crypto held up relatively well compared to US equities, which took a harder hit of around $1 billion in losses. Meanwhile, Tether announced an expansion into Africa, and US authorities moved to target Iran-linked crypto activity.
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🚀 GRVT Token Launches Today, July 30
GRVT, a selfcustodial trading and investment platform, confirmed its token generation event is happening today — independently corroborated by MEXC, KuCoin, Phemex, and Odaily. The airdrop claim function opens at 21:00.
The total airdrop pool stands at 280 million GRVT (100 million for Season 1, 180 million for Season 2) out of a 1 billion total supply — 28% of tokens, distributed in batches over 12 months.
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GRVT, a selfcustodial trading and investment platform, confirmed its token generation event is happening today — independently corroborated by MEXC, KuCoin, Phemex, and Odaily. The airdrop claim function opens at 21:00.
The total airdrop pool stands at 280 million GRVT (100 million for Season 1, 180 million for Season 2) out of a 1 billion total supply — 28% of tokens, distributed in batches over 12 months.
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🚀 GRVT Token Launches Today, July 30
GRVT, a selfcustodial trading and investment platform, confirmed its token generation event is happening today — independently corroborated by MEXC, KuCoin, Phemex, and Odaily. The airdrop claim function opens at 21:00.
The total airdrop pool stands at 280 million GRVT (100 million for Season 1, 180 million for Season 2) out of a 1 billion total supply — 28% of tokens, distributed in batches over 12 months.
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GRVT, a selfcustodial trading and investment platform, confirmed its token generation event is happening today — independently corroborated by MEXC, KuCoin, Phemex, and Odaily. The airdrop claim function opens at 21:00.
The total airdrop pool stands at 280 million GRVT (100 million for Season 1, 180 million for Season 2) out of a 1 billion total supply — 28% of tokens, distributed in batches over 12 months.
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💰 Fake Flare Network Staking Site Steals $8.5M in XRP
Seoul police have busted a crypto fraud ring that impersonated Flare Network and its FXRP token to steal 3.4 million XRP — worth roughly $8.5 million — from 71 investors in South Korea.
The scam ran for just eight days last October before operators disappeared. Victims lost an average of 173 million won each.
To appear legitimate, the ring created fake Wikipedia entries, blog posts and YouTube videos about the fraudulent staking platform. The operation was a full imitation of the real Flare Network project.
⚠️ Always verify staking platforms directly through official project channels before depositing any funds.
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Seoul police have busted a crypto fraud ring that impersonated Flare Network and its FXRP token to steal 3.4 million XRP — worth roughly $8.5 million — from 71 investors in South Korea.
The scam ran for just eight days last October before operators disappeared. Victims lost an average of 173 million won each.
To appear legitimate, the ring created fake Wikipedia entries, blog posts and YouTube videos about the fraudulent staking platform. The operation was a full imitation of the real Flare Network project.
⚠️ Always verify staking platforms directly through official project channels before depositing any funds.
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