Crypto Markets & On-Chain Ecosystem Developments

According to CryptoQuant analyst Axel Adler, Bitcoin retreated to around $64,300 in July, after rising nearly 11% from a June low of approximately $59,000, as U.S. 10-year Treasury yields climbed to about 4.7%, the highest level in five years. Higher rates are tightening financial conditions and

According to Daily NK, North Korean authorities arrested an elite hacker group on July 12 for infiltrating the central bank and foreign trade bank networks to steal state trading funds and launder money through cryptocurrency. The group's leader was a former operative from the Reconnaissance

According to The Independent, the Singapore Police Force and U.S. Federal Bureau of Investigation signed a memorandum of understanding on July 24 to strengthen cooperation on online fraud, cybercrime, and money laundering cases. During a joint operation completed in July targeting cross-border

According to HyperliquidNews monitoring, FLOCK spot code was purchased at a price of 594.99 HYPE, valued at $34,700.

According to PPP prediction market tool monitoring on Polymarket, the Philadelphia 76ers' odds of winning the 2027 NBA championship rose to 14% this week, up 7% from the prior week. The Thunder currently hold 22% odds, while the Spurs sit at 20%. NBA superstar LeBron James officially signed with the

According to ChainCatcher, SUN token has completed its 51st buyback and burn phase. Since the program launched in December 2021, cumulative token burn has exceeded 678 million (678,547,188.32). In this phase, 9,025,027.40 tokens were burned and transferred to a blackhole address for permanent

NFT platform Forma announced it will cease operations of the Forma blockchain, citing unsustainable maintenance costs. The platform will migrate Modularium and Forma NFTs to Ethereum mainnet to ensure long-term accessibility of digital assets and trading markets. Users' NFTs will remain accessible a

According to ChainCatcher, SHIB market cap surged by approximately $1 billion on July 26, primarily driven by buying pressure from South Korean exchanges. The rally outpaced other dog-themed tokens, which gained around 10%, and significantly exceeded Dogecoin's single-day gain of approximately 6%, i

According to X user DI (@Start16Start), a former BitMart employee, the platform's shutdown announcement was unsurprising. DI posted that from an internal perspective, the closure was expected. The former employee alleged that BitMart had long-standing issues with salary payment delays and internal m

According to ChainCatcher, WOO X ambassador Baki stated on X that BitMart has restricted user withdrawals citing security reasons, suspending automatic withdrawal functions in favor of manual review processes. Under the new system, users must submit identity verification and KYC documents, device an

According to BlockBeats, BitMart Global CEO Nenter Chow was terminated on July 24 and did not participate in or receive advance notice of the exchange's decision to cease platform operations announced on July 26. Chow stated he learned of his removal through the official announcement itself. He

Ring Protocol announced an integration with blockchain infrastructure provider Orbs, enabling the deployment of algorithmic trading tools across four major blockchain networks. The partnership brings Orbs' decentralized limit order (dLIMIT) and time-weighted average price (dTWAP) protocols to Ring P

Ring Protocol recently integrated Orbs' decentralized trading tools across Base, Arbitrum, Ethereum, and BNB Chain, according to Bitcoin.com News. The integration brings Orbs' decentralized limit order (dLIMIT) and time-weighted average price (dTWAP) protocols to Ring Protocol traders, enabling

BitMart announced on Sunday it will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. The decision follows a careful evaluation of the company's operating conditions, market environment, and future strategic

According to BitMart's official announcement on Sunday, the cryptocurrency exchange will wind down its trading platform operations, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. The company has stopped accepting new user registrations and deposits,

According to Crypto.news, the North Korean-affiliated hacking group BlueNoroff is exploiting fake Zoom and Microsoft Teams meeting links to scan cryptocurrency users' wallets before deploying malware. The group compromises trusted contacts in the crypto industry and sends seemingly legitimate meetin