Bitcoin must defend 62,500 USD as altcoins lose 8.8B USD in a week. Altcoin market cap fell to 976.3B USD before recovering to 983.8B USD. Bitcoin ETF flows show 79.1M USD inflow on July 16. https://cryptoslate.com/bitcoin-must-defend-62500-as-altcoins-lose-8-8-billion-in-a-week/ #Web3 #Blockchain
Circle has won OCC approval to operate as a national trust bank, giving USDC stronger federal supervision. Banks warn stablecoins could drain 500B USD from deposits by 2028. https://cryptoslate.com/circle-became-a-federal-trust-bank-now-lenders-warn-stablecoins-is-projected-to-drain-500-billion/ #Web3 #Blockchain #Regulation
The US will impose a 25% tariff on Brazilian goods from July 22, targeting what it calls unfair advantages from Brazils state-run Pix payment system. However, US dollar stablecoins already dominate Brazils crypto economy, accounting for about 90% of crypto transactions. https://www.coindesk.com/business/2026/07/18/trump-targets-brazil-s-payments-system-while-dollar-stablecoins-quietly-dominate-country-s-payments #Web3 #Blockchain #InstitutionalAdoption
France has ordered internet service providers to block Polymarket, citing concerns over addictive mechanics and a lack of self-exclusion tools. Many French users were bypassing previous financial restrictions. https://www.coindesk.com/policy/2026/07/18/france-orders-country-s-internet-service-providers-to-block-polymarket #Regulation #Crypto
Zcash developers have launched Zakura, a new full node targeting 50,000 transactions per second to match Visa and Mastercard scale while preserving privacy. The software is a fork of the Zcash Foundation's Zebra node, funded by private ZEC donations. https://www.coindesk.com/tech/2026/07/16/inside-zcash-s-new-node-that-targets-visa-scale-privacy-at-50-000-transactions-per-second #Web3 #Blockchain
Project Eleven has developed a quantum recovery tool for Bitcoin that lets wallets prove ownership using key-derivation paths once quantum computers can forge signatures. The proof runs in 243ms on a laptop but cannot recover Satoshi's 1.1 million coins in old P2PK addresses. https://www.coindesk.com/tech/2026/07/19/bitcoin-s-quantum-problem-gets-a-recovery-tool-but-not-for-satoshi-s-1-1-million-coin #Web3 #Blockchain
The UK has introduced a new criminal offence for crypto firms failing to attribute wallet origins, carrying up to 14 years in prison. The law targets UK-linked businesses receiving value from designated groups like Iran's IRGC, even if attribution happens after the transaction. https://cryptoslate.com/uk-turns-delayed-wallet-identification-into-a-14-year-criminal-risk-for-crypto-firms/ #Web3 #Blockchain #Regulation
The GENIUS Act, the US stablecoin law signed by President Trump last July, marks its first anniversary with rules still being drafted. Regulators are working on reserve requirements, governance and operational standards for stablecoin issuers, with full implementation due by July 2028. https://www.coindesk.com/policy/2026/07/19/the-genius-act-turns-1-state-of-crypto #Web3 #Blockchain #Regulation
Hyperliquid's HIP-4 proposal would enable permissionless deployment of outcome markets on its platform. Deployers must stake 500,000 HYPE tokens and may take up to 50% fees on validator-aligned markets. https://www.theblock.co/post/408875/hyperliquid-hip-4-permissionless-deployment #Web3 #Blockchain #DeFi
Powerloom users have 24 hours to bridge assets to Ethereum before the chain permanently shuts down at 6:00 AM UTC on July 21. The data infrastructure blockchain is winding down after just five weeks notice. https://cryptoslate.com/ethereum-bridge-users-have-24-hours-to-exit-before-chain-shutdown-announced-just-five-weeks-ago/ #Blockchain #Crypto #Web3
The Bank of Korea will begin live CBDC transactions with nine banks in September, marking a significant step in the country digital currency rollout. The pilot will allow retail consumers to trade tokenised won across commercial banks. https://www.coindesk.com/business/2026/07/20/bank-of-korea-prepares-for-live-cbdc-transactions-with-nine-banks-in-september #Blockchain #Crypto #CBDC
#France has ordered #ISPs to #block access to the #Polymarket website, an online prediction market, to enforce a ban on financial transactions to the site. The move comes after a rise in visits from French internet addresses despite the ban. France, along with other European countries, restricts or blocks access to online prediction markets. https://www.france24.com/en/france/20260717-france-orders-internet-service-providers-to-block-access-to-polymarket?eickercrypto.com #crypto #blockchain
Russia's first comprehensive cryptocurrency law is two votes away from passing. The State Duma will vote on the bill on Tuesday, creating a licensing regime for crypto exchanges and permitting crypto for international trade only. Domestic payments remain banned. The law would take effect September 1. https://decrypt.co/373880/russia-first-comprehensive-crypto-law #Web3 #Blockchain #Regulation
Grayscale has filed for a Worldcoin ETF with the SEC, potentially bringing the biometric cryptocurrency to US markets. Worldcoin aims to distinguish humans from AI online through its iris-scanning World ID system. https://www.theblock.co/post/408995/grayscale-worldcoin-etf-filing-sec #Web3 #Blockchain #Regulation
Jack Mallers has stepped down as CEO of Twenty One Capital to focus on Strike, ending plans to combine the Bitcoin payments company with the corporate treasury firm. Raphael Zagury takes over one of the largest corporate Bitcoin holdings as the sector faces financing pressure. https://cryptoslate.com/jack-mallers-leaves-twenty-one-as-strike-tie-up-ends-and-bitcoin-treasury-pressure-builds/ #Web3 #Blockchain #EmergingNarratives
Galaxy has launched a quantum readiness initiative for Bitcoin, committing up to 5 million USD in developer grants to protect the network against quantum computing threats. The move comes as researchers warn that quantum computers could potentially break Bitcoin's cryptographic security within the next decade. https://www.coindesk.com/tech/2026/07/21/galaxy-sets-up-usd5-million-fund-to-help-shield-bitcoin-against-quantum-computing-threats #Web3 #Blockchain #Web3
The Digital Chamber has sued Illinois to block the state's new 0.2% tax on digital asset transactions, arguing it violates the US and state constitutions and is preempted by federal law. The tax, taking effect in January, applies to firms with gross receipts over 100,000 USD. https://www.coindesk.com/policy/2026/07/21/crypto-lobby-group-tdc-sues-illinois-to-block-digital-asset-tax #Web3 #Blockchain #Regulation
Kraken's parent Payward is expanding its tokenised stock platform xStocks beyond the US to Hong Kong, the UK and South Korea, in partnership with investment infrastructure provider GTN. The move pits Kraken against Robinhood, Coinbase and the DTCC in the race to bring global equities onchain. https://www.coindesk.com/business/2026/07/22/kraken-parent-expands-tokenized-stocks-to-hong-kong-uk-and-south-korea-equities #Blockchain #Crypto #InstitutionalAdoption
SEC commissioner Hester Peirce has warned that some DeFi vaults and onchain lending strategies could fall under securities laws, depending on how they are structured. The statement clarifies that onchain vaults may resemble investment funds or advisers. https://www.coindesk.com/policy/2026/07/22/sec-s-peirce-warns-some-defi-vaults-onchain-lending-may-fall-under-securities-laws #Blockchain #Crypto #Regulation
Revolut has hit a 115 billion USD valuation in an employee share sale, WSJ reports. The fintech reported strong 2025 performance with 2.3 billion USD pre-tax profit, 6 billion USD in revenue, and over 75 million customers. https://www.coindesk.com/business/2026/07/22/revolut-hits-usd115-billion-valuation-in-employee-share-sale-wsj #Blockchain #Crypto #InstitutionalAdoption
The SEC has reached a settlement with Coinbase, ending a years-long legal dispute over the agency handling records requests from the Gensler era. The settlement marks the resolution of a contentious regulatory battle between the exchange and the securities regulator. https://www.theblock.co/post/409437/sec-reaches-settlement-coinbase-over-records-requests-gensler-era #Blockchain #Crypto #Regulation