IRS Warns of Fake Crypto Compliance Letters Sent by Mail
The IRS has alerted crypto holders to counterfeit letters promoting a fake compliance portal. The scam uses QR codes and impersonation tactics to steal data and assets.
Triple-A Hot Wallets Lose $9.7 Million Across Blockchains
More than $9.7 million was drained from Triple-A hot wallets across TRON, Ethereum, Polygon, and Arbitrum. The stolen funds were bridged to Ethereum and consolidated in one address.
Corporate | News | Regulation
Crypto Exchanges Expand Into Stocks and Commodities
MEXC and other platforms are adding tokenized stocks, equity futures, and commodities to crypto trading apps. Product structure determines whether users gain ownership rights or price exposure only.
CrypFine Joins Coinone Travel Rule Network in South Korea
CrypFine has been added to Coinone’s CODE Travel Rule network, enabling compliant crypto transfers above KRW 1 million. The integration took effect on July 20, 2026.
Stablecoin Supply Hits $309.7B as XDC Integrates Bridge
Stablecoin supply reached $309.7 billion in July 2026. XDC integrated Stripe-owned Bridge to provide regulated fiat conversion and custody services to developers.
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.
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.
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.