Crypto Markets & On-Chain Ecosystem Developments

According to Bloomberg, New York Mellon Bank plans to support around-the-clock U.S. Treasury settlement by 2027, with tokenized debt pilots launching on its private blockchain by the end of 2026. The bank has already facilitated after-hours Treasury transactions involving stablecoin issuers

According to Blockaid, the cross-chain bridge operated by Arbitrum ecosystem protocol AFX was compromised overnight at 5:30 Beijing time on July 23, with approximately $24.15 million USDC drained. Blockaid said it is coordinating with the Arbitrum team to respond to the incident and assist in

According to on-chain analyst Specter, B² Network on BNB Chain was exploited on July 23, with attackers stealing 8.591 million B2 tokens valued at approximately $3.86 million. The stolen funds were swapped for 5,409 WBNB (worth around $3.11 million) and bridged to Ethereum. The attackers are

According to The Block, the National Cryptocurrency Association released a report on July 23 showing the U.S. crypto industry directly employs 34,000 people and supports 232,000 total jobs when including indirect positions from vendor spending and employee expenditures. The industry is projected to

According to CoinDesk, Tesla maintained its 11,509 Bitcoin holdings in the second quarter, extending nearly four years without buying or selling BTC. The company recorded a $112 million post-tax unrealized loss on its digital assets as Bitcoin fell from approximately $83,000 to $58,000 during the qu

According to Bloomberg, on July 22, Senate Republicans plan to push forward a vote on the Clarity Act, a digital asset regulation bill, as soon as next week. Senate Republican Leader John Thune stated that negotiations with Democrats have not been finalized, but the vote will proceed regardless of a

As of July 23 morning, across South Korea's major exchanges (Upbit, Bithumb, Coinone, Korbit), SAHARA rose 25.28% to 16.6 KRW (highest gain), while RIF fell 32.6% to 67.4 KRW (steepest decline) over the prior 23 hours. RE led trading volume on Upbit with 589 billion KRW in turnover, up 20.97% to 698

From 23:00 to 23:15 (UTC) on July 22, 2026, ETH quickly fell 0.65% within 15 minutes. The price range was 1,923.71–1,938.39 USDT, with an amplitude of 0.76%. This fluctuation is extremely small and falls into the narrow-range consolidation category. The crypto market’s total market cap reached its lowest level since 2024 that day, and overall market sentiment is extremely weak. The main driver behind this unusual move is a technical pullback amid an overall weak market backdrop. ETH’s current pr

According to Mizuho analysts, while the proposed Clarity Act could benefit the broader digital asset industry, it may create long-term challenges for Circle. Regulatory clarity will likely attract major institutions to the stablecoin market, accelerating commoditization and eroding Circle's

According to court filings, the SEC and Coinbase settled a years-long FOIA dispute on Wednesday, with the SEC agreeing to pay $150,000 in attorney fees and release two withheld documents. The settlement stems from Coinbase's 2024 lawsuit alleging that the SEC and FDIC failed to comply with Freedom o

Aptos activated a feature that allows its largest stakers to process transactions at up to 100 times the network's normal limits. The feature, known as AIP-146 and authored by George Mitenkov of Aptos Labs, gives large APT holders a new functional reason to stake beyond earning yield. Aptos is a

SEC Commissioner Hester Peirce published a statement on July 22 warning crypto vault and onchain lending operators that moving money onto a blockchain does not automatically exempt them from securities law. Peirce stated that some companies have been stretching legal interpretations to argue their c

According to TheStreet, Aptos activated AIP-146, a feature that allows large APT stakers to run transactions with processing limits up to 100 times higher than the network standard. To access the multipliers, stakers must hold substantial amounts: approximately 1 million APT unlocks a 2x multiplier,

Federal lawmakers have introduced legislation that would prohibit senior government officials and their immediate family members from issuing or sponsoring digital assets while serving in office. Supporters of the bill have argued that public officials should not be in a position to benefit

According to SEC Commissioner Hester Peirce, on July 22, moving crypto onto a blockchain does not automatically exempt it from securities law. In a statement titled "Headstands and Summervaults," Peirce cautioned that some companies are stretching legal interpretations through questionable

Federal lawmakers have introduced legislation that would prohibit senior government officials and their immediate family members from issuing or sponsoring digital assets while serving in office. According to CNBC, supporters of the bill have argued that public officials should not be in a

Stand With Crypto, a Coinbase-backed grassroots crypto advocacy group, said on July 22 that supporters have made 950,000 contacts with members of Congress as the campaign to advance the CLARITY Act enters a decisive stage. Coinbase CEO Brian Armstrong stated the bill is ready for a full Senate

Senate Republicans released a 616-page version of the Clarity Act cryptocurrency regulation bill on Wednesday, marking the first major legislative effort to oversee the digital asset industry. However, Democrats quickly signaled opposition, arguing that the bill's ethics provisions are too weak to a

According to Chainwire, Unserious announced the acquisition of Creepz, a prominent NFT collection from the 2021-22 cycle, on July 22, 2026, with backing from entrepreneur and investor Adam Weitsman. The acquisition marks a homecoming for Psychrome, the original Creepz creative lead and globally

Five major South Korean cryptocurrency exchanges recorded 597.8 billion won in daily average trading volume from the 1st to 21st of this month. This represents just 1.59% of the KOSPI securities market's 37.6687 trillion won daily average during the same period, according to CoinGecko data