Cryptocurrency Markets and On-Chain Ecosystem Developments

According to Coinglass data, Binance saw net inflows of 42.54 million USDT in the past hour.

According to ChainCatcher, TRON Nile testnet has launched a post-quantum resistant upgrade, rolling out the mandatory update GreatVoyage-v4.8.2-PQ1-build1. The version introduces post-quantum signature capability for the first time, supporting Falcon-512 and ML-DSA-44 signature algorithms. The

According to BitcoinTreasuries data, K Wave Media, a South Korean listed company, sold its remaining 88 BTC on July 2 to repay $6 million in debt. Following the sale, the company's Bitcoin holdings fell to zero and it exited the Bitcoin treasury company list. Last year, K Wave Media announced a $1

Solana Foundation announced on July 2 via X that the Solana on-chain governance mechanism is now live; validators can propose, support, and vote on core protocol decisions through Solana Governance Proposals (SGPs), with all proposals completed on-chain. Any validator with at least 100,000 SOL delegated can permissionlessly initiate an SGP; the threshold for a proposal to enter the voting phase is 15% active stake support. Solana Foundation: Minimum Threshold for Validators to Submit SGP is 100,

According to The Block, Ark Invest, the investment firm led by Cathie Wood, purchased approximately $18 million worth of Circle Internet Group stock on Wednesday, July 2. CRCL fell to $61.95, declining over 40% in the past

According to Coinglass data cited by ChainCatcher, global cryptocurrency derivatives markets saw $450 million in liquidations over the past 24 hours, comprised of $171 million in long liquidations and $280 million in short liquidations. A total of 117,590 traders were liquidated during the period.

According to 1inch's official announcement, the protocol integrated Robinhood Chain on July 2, allowing users to trade RWA assets through its dApp and wallet. As a launch partner, 1inch simultaneously opened integration via its Swap API to third-party applications. Tokenized assets on Robinhood Chai

Bitcoin (BTC) saw a slight short-term rebound, trading around $59,852 on July 2. The EU's MiCA regulations are now fully in effect, meaning crypto companies serving clients in the 27 EU member states must hold a license or cease operations, splitting the European crypto industry into winners and losers. American Bitcoin announced a reverse stock split after Nasdaq pressured it to delist. Macro Events & Crypto Hot Topics According to CoinDesk, the EU's crypto market entered a new era on Wednesday

According to The Defiant, on July 2, ENS community member Christoph Jentzsch proposed that the ENS DAO self-dissolve, stating the organization has "collapsed." The proposal follows co-founder Nick Johnson's use of approximately half of the protocol's active voting power to single-handedly veto a

According to BlockBeats, on July 2, SK Hynix and Micron saw trading volumes surge to top 2 on trade.xyz, with 24-hour volumes reaching $5.16 billion and $4.65 billion respectively, following weeks of decline since late June. Funding rates signal bottom-fishing activity, with SK Hynix's annualized f

According to ChainCatcher and on-chain analyst Ember, 7.055 million WLD tokens (valued at $2.66 million) flowed into Binance over the past 7 hours, resulting in WLD declining 8% from $0.395 to $0.365.

Solana-based perpetual futures exchange Drift Protocol announced on July 1 that it is rebranding as Velocity DEX, part of the platform's relaunch plan after being offline for over three months following an attack on April 1. The attacker stole over $280 million in assets through 31 transactions in about 12 minutes. Lazarus Group Attack: $280 Million Stolen and Affected Protocols On April 1, 2026, attackers breached Drift Protocol's multi-signature wallet, stealing over $280 million in assets thr

Bitcoin slightly rebounded to $59,768 on July 2, with total long liquidations exceeding $200 million in 24 hours. Federal Reserve Chairman Walsh stated at the European Central Bank Forum in Sintra, Portugal the same day that the Fed does not provide forward guidance and future policy will be determined based on economic data. He also said that recent inflation expectations and upside risks to inflation have declined. The CME FedWatch tool shows the probability of a September rate hike fell from

According to The Defiant, Avalanche Treasury Corp (AVAT) warned in its SEC filing on July 2 that the company faces substantial doubt about its ability to continue operating. The Nasdaq-listed company's stock has plummeted 93% in one month, from over $10 in early June to below $0.73 on June 29. AVAT

According to Chainalysis, OFAC added 134 cryptocurrency wallet addresses to its ISIS-K sanctions list on July 1, comprising 131 on TRON and 3 Monero addresses. On-chain data showed the sanctioned TRON wallets received over $1.4 million and transferred over $880,000 since 2023. Tether has frozen the

According to investigative journalist Whitney Webb, Polymarket's official founding narrative claiming founder Shayne Coplan independently launched the company in 2020 is inaccurate. Webb traces the platform's origins to an earlier company called TokenBnk and alleges connections to a cryptocurrency f

According to The Defiant, Cloudflare opened a waitlist on Wednesday (July 2) for its Monetization Gateway, allowing customers to charge for web content, datasets, APIs, or MCP tools using stablecoins via the x402 protocol. The service addresses the shift toward AI agents becoming primary internet

According to ChainCatcher citing SoSoValue data, yesterday (July 1, Eastern Time), Bitwise Hyperliquid ETF (BHYP) posted net inflows of $2.8547 million. BHYP has accumulated $120 million in historical total net inflows.

According to SoSoValue, XRP spot ETFs saw combined net outflows of $18.637 million on July 1 (U.S. Eastern Time). Franklin XRP ETF (XRPZ) recorded net inflows of $2.8826 million, while Bitwise XRP ETF (XRP) experienced net outflows of $4.7463 million during the same

According to SoSoValue, Solana spot ETFs recorded $511,100 in net inflows yesterday (July 1). Bitwise Solana Staking ETF (BSOL) posted $3.99 million in daily inflows, bringing its cumulative net inflows to $896 million. Grayscale Solana Trust (GSOL) saw $3.47 million in daily outflows. The