Hong Kong Bans OTP Logins for Crypto Platforms
Hong Kong’s securities regulator has banned SMS and email one-time password logins for crypto platforms. The move follows a surge in phishing-related cyber incidents.
Hyperliquid and Phantom Urge CFTC to Clarify DeFi Rules
Hyperliquid and Phantom filed a joint comment urging the CFTC to clarify that DeFi software and non-custodial wallets are not exchanges. The regulator will review responses before deciding on guidance or rulemaking.
Tether Freezes 131 TRON Wallets After Updated ISIS-K Sanctions
Tether froze funds in 131 TRON wallets after the US Treasury updated its ISIS-K sanctions list. Blockchain data shows the addresses received over $1.4 million since 2023.
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Bond Launches on 0G to Build DeFi and Neobank Layer for AI Agents
Bond has launched a DeFi platform on the AI-focused 0G blockchain aimed at enabling autonomous AI agents to trade and manage funds. The project is backed by 0G Labs with incentives and liquidity support.
MiCA Transition Period Ends, Reshaping EU Crypto Market
The EU MiCA transition period ended on July 1, 2026. Only licensed crypto-asset service providers can now legally operate across the European Economic Area.
Rosen Law Firm Investigates Strategy Over Bitcoin Disclosures
Rosen Law Firm has opened an investigation into Strategy, formerly MicroStrategy, over potential misleading statements on its Bitcoin strategy and related securities. No lawsuit or regulatory action has been filed.
DeFi TVL Drops 39% in 2026 as Exploits and Market Slide Weigh
DeFi total value locked declined from $115 billion to $70 billion in 2026. Record exploit activity and a broader market correction contributed to capital outflows.
Europe’s Crypto Market Enters Supervision Phase After MiCAR Rollout
With MiCAR in place, Europe’s crypto sector is moving from licensing to ongoing supervision. Industry focus now centers on governance, resilience, and investor protection.
CFTC Secures Permanent Trading Ban Against Alex Mashinsky
A federal court has entered a consent order permanently banning Celsius founder Alex Mashinsky from trading in CFTC regulated markets. The order concludes the agency’s 2023 enforcement action.
Aztec Connect Exploited for $2.1 Million From Deprecated Contract
An attacker drained approximately $2.19 million from a deprecated Aztec Connect contract on June 14. The Aztec Foundation said the current network and AZTEC token were not affected.