Crypto Markets & On-Chain Ecosystem Developments

According to Grayscale, Hyperliquid's HIP-3 perpetual futures markets reached $3.2 billion in open interest by June 2026, up from roughly $790 million in January. On peak days, HIP-3 markets accounted for nearly 48% of Hyperliquid's total trading volume since the upgrade launched on

Chainlink is approaching 900,000 holder addresses as LINK tokens move off centralized exchanges into private custody. The network added more than 8,000 new holder addresses over a two-day period in late June, according to on-chain data. The combination of address growth and exchange outflows

According to Etherscan data, Chainlink's holder addresses approached 900,000 in late June, with more than 8,000 new addresses added over a two-day span. On-chain analysis simultaneously shows increased LINK outflows from centralized exchanges, indicating that tokens are being transferred into

Theo Network, a decentralized trading infrastructure platform founded by former Optiver and IMC quantitative traders, raised $20 million in April 2025 from Hack VC, Anthos Capital, and angel investors from Citadel, Jane Street, and JPMorgan. The platform launched thUSD, a gold-backed yield-bearing s

STBL launched the USST stablecoin on the Stellar blockchain on July 1, 2026, backed by tokenized treasury collateral. The launch came through a partnership between STBL and the Stellar Development Foundation, announced July 1 and shared with Bitcoin.com News. USST runs on STBL's Stablecoin 2.0

According to Bitcoin News, a research paper titled 'A Mechanistic Derivation of the Bitcoin Price Power Law: Network Adoption Dynamics and Generalised Metcalfe Scaling,' authored by Giovann35084111 and moneyordebt, has been peer-reviewed and published in Elsevier's Nonlinear Science journal. The pap

U.S. spot crypto exchange-traded funds recorded approximately $252.7 million in combined net outflows on June 30. Spot Bitcoin ETFs lost $222.6 million, with BlackRock's IBIT accounting for $212.4 million in redemptions and Fidelity's FBTC shedding $10.2 million. Ether ETFs posted $27.6 million in n

Italian fintech Hodli has become the first company in Italy authorized to provide discretionary crypto asset portfolio management under the European Union's Markets in Crypto-Assets framework. The Genoa-based company received authorization from the Bank of Italy to operate as a Crypto-Asset

According to BitcoinTreasuries.NET, Strategy and Strive combined increased their Bitcoin holdings by 6,989 BTC in June, accounting for nearly all Bitcoin purchases by publicly listed companies during the month. The purchases were funded primarily through proceeds from STRC and

According to Odaily, STBL launched institutional-grade stablecoin USST on the Stellar network on July 1, 2026, backed by real-world assets. The stablecoin is initially collateralized by USDY, tokenized U.S. Treasury bonds. Built on STBL's Stablecoin 2.0 infrastructure, USST enables market

South Korea's Financial Services Commission referred suspects in two crypto market manipulation cases to prosecutors Wednesday after discussions at its 12th regular meeting. The cases involve individuals

According to the Financial Services Commission, on Wednesday, South Korea's financial watchdog referred suspects in two separate crypto market manipulation cases to prosecutors following discussions at its regular meeting. In one case, the FSC accused a crypto whale of using tens of billions of Kore

According to Tradeweb, Franklin Templeton transferred tokenized US Treasury to Virtu Financial on July 1, 2026, in what the trading platform described as the first real-time transaction settled against USDCx on Canton

Crypto hacks and exploits totaled $75.9 million across 40 major incidents in June, down 7.1% from $81.7 million in May, according to blockchain security firm PeckShield. The largest June incident involved Humanity Protocol, with losses estimated between $31 million and $36 million due to a

According to blockchain security firm PeckShield, crypto hacks and exploits totaled $75.9 million across 40 major incidents in June, down 7.1% from $81.7 million in May. Humanity Protocol's $31 million exploit led the month's losses after founder Terence Kwok attributed the breach to a compromised p

WhiteBIT, the largest European cryptocurrency exchange by traffic, has launched TradeFi, a new market category enabling users to trade perpetual futures contracts linked to traditional financial instruments within a crypto interface. The launch introduces more than 45 perpetual pairs tracking

WhiteBIT, Europe's largest cryptocurrency exchange by traffic, has launched TradeFi, a new market category enabling users to trade traditional financial instruments through a crypto-native interface. The platform introduces more than 45 perpetual futures contracts tracking price movements across

According to a Fox Business crypto reporter, Wall Street is looking beyond the recent crypto bear market, with enforcement bodies continuing discussions on Clarity. The reporter also noted that criticism from Senate Democrats has been raised regarding former President Trump's crypto

According to Farside Investors, Strategy has launched a Digital Credit Capital Framework with plans to raise STRC dividend to 12%, establish U.S. dollar reserves, conduct discounted buybacks of preferred securities, and authorize bitcoin sales to support dividend payments and reserve funding. STRC,

Crédit Agricole recently launched EURXT, a euro-backed stablecoin issued through CACEIS, the bank's asset servicing arm. The electronic money token, pegged 1:1 to the euro, was launched with 20.02 million tokens in circulation, matched by roughly 20.02 million euros in reserves held by CACEIS Bank. EURXT is issued on Ethereum and initially targeted at institutional investors and corporate clients. The first use case involved a subscription into a tokenized Amundi Money Market Fund, positioning t