Wanchain Bridge Exploit Drains NIGHT Reserves, Token Hits Record Low
An attacker drained about 515 million NIGHT from Wanchain’s Cardano bridge, leaving wrapped tokens largely unbacked. The token fell to a record low as the bridge was suspended.
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Matrixdock Completes Two Years of Reserve Audits for XAUm and XAGm
Matrixdock has completed its fourth consecutive semi-annual reserve audit, covering both XAUm and XAGm. The July 2026 verification confirmed consistency between physical reserves and circulating token supply.
Allbridge Core Pauses Protocol After $1.1 Million Exploit
Allbridge Core halted its protocol after a flash loan exploit on Solana led to losses of more than $1.1 million. The incident adds to $57.8 million in crypto exploit losses in July 2026.
Brian Armstrong Says Bitcoin Became Digital Gold as Stablecoins Grow
Coinbase CEO Brian Armstrong said Bitcoin functions as a store of value, while stablecoins have taken over as payment instruments. Stablecoin supply stands near $310 billion.
Ripple Payments Europe Added to EU MiCA Register
Ripple Payments Europe has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
Dutch Crypto Broker Knaken Declared Bankrupt After MiCA Breach
A Dutch court has declared crypto broker Knaken bankrupt for operating without a MiCA license. Around 7 million euros are reported missing, impacting about 30,000 customers.
UBS Raises Stoxx Europe 600 Target to 690 Points
UBS increased its year end target for the Stoxx Europe 600 to 690 points, citing earnings momentum and sector revisions. Other banks have also raised projections, though some strategists remain cautious.
Grayscale Highlights Bitcoin Covered Call Yield Amid Bottom Signals
Grayscale presents a covered call strategy projecting 22% annualized yield under specific conditions, while Glassnode data shows easing realized losses among 1-2-year Bitcoin holders.
XRP Holds Near $1.11 as Bearish Pattern Signals 13% Risk
XRP is forming a head and shoulders pattern near $1.11, with large traders positioned net short. A break below $1.06 could open the way toward $0.92.
Summer.fi to Shut Down After $6.04 Million DeFi Exploit
Summer.fi is closing after a $6.04 million exploit targeted two USDC vaults in its Lazy Summer Protocol. The platform will remain live until August 31 while withdrawals are restored.
Jesse Pollak Resets Base Strategy After Onchain Social Decline
Jesse Pollak admitted his onchain social strategy failed as Zora volumes fell 99.8%. Base will now focus on trading, stablecoin payments, and AI agents under Coinbase oversight.
Anchorage Digital Adds TRX Staking and TRC-20 Custody
Anchorage Digital now offers native TRX staking and custody for TRC-20 assets. The expansion strengthens institutional access to the TRON Network.
US Freezes $130M in Iran-Linked Crypto Wallets
The US Treasury sanctioned and froze more than $130 million in cryptocurrency linked to Iran’s central bank. The move is part of a broader sanctions and military campaign.
Coinbase Reportedly Eases Verification for Mainland China
Users reported that Coinbase began accepting Chinese national IDs for verification on July 14. China’s ban on crypto trading for mainland residents remains in force.
Ripple Moves Majority of RLUSD Supply to XRP Ledger
Ripple has shifted 57% of RLUSD supply, or $871 million, to the XRP Ledger. The move follows the formal end of the SEC lawsuit in August 2025.
SK Hynix Leveraged ETF Drops 45% After Debut
The Samsung KODEX SK Hynix Single Stock Leverage ETF has fallen about 45% since its late May debut. South Korea’s regulator says the approvals were granted too hastily.
MiCAR Deadline Reshapes EU Crypto Payments Market
The MiCAR transition period has ended, requiring CASP authorization for crypto providers in the EU. Only around 230 firms secured licenses to continue operating across the bloc.
