Crypto Markets & On-Chain Ecosystem Developments

Gate News: According to the latest Gate TradFi data, SKHYNIX (SK Hynix Inc.) has dropped by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to BlockBeats, Multicoin Capital on July 20 leads a $1.75 million seed round for Trasia Labs as the sole institutional investor, marking its entry into the Hyperliquid ecosystem. Trasia is a perpetual futures trading platform natively built on Hyperliquid, focusing on the Asia market. Tra

According to BlockBeats, Spain defeated Argentina 1-0 to win the 2026 FIFA World Cup early this morning (July 20 Beijing time), with U.S. President Trump presenting the trophy to the Spanish team. Data from Predict.fun showed its "2026 World Cup Winner" market accumulated $328 million in trading

As of 8 a.m. on July 20, over a 24-hour period from July 19, Upbit, Bithumb, CoinOne, and Cobit reported sharp gains and losses across multiple tokens. On Bithumb, ACE (Fusionist) surged 49.33% to 138 won, while NFT (AI&FT) gained 33.33% to 0.0004 won. On Upbit, TRAC (OriginTrail) advanced 19.28% to

According to Odaily, betting on the CLARITY Act's formal enactment in 2026 has turned bearish, with passage probability falling to historic lows as of mid-July. The bill's probability peaked at 82% at the start of the year but has steadily declined amid multiple negotiation impasses. Key

Zcash's Ironwood hard fork, designated NU6.3, activates around July 28 at block height 3,428,143 to seal a soundness flaw in the Orchard shielded pool. Security researcher Taylor Hornby discovered the bug in late May while working with Shielded Labs, prompting developers to implement emergency

According to ChainCatcher, citing Onchain Lens data, Abraxas Capital (0xb83...6e36) deposited 3 million USDC to Hyperliquid and increased its short positions by 796.4 BTC (worth ~$51.5 million) and 31,600 ETH (worth ~$59.2 million) over the past 2 days. Both short positions have expanded

According to Bitcoin.com News, Zcash's Zakura node synchronizes the mainnet in approximately four hours and 20 minutes—over five times faster than the Zebra client's 20 hours and 46 minutes—ahead of the Ironwood (NU6.3) hard fork activation expected on July 28, 2026, at block height 3,428,143. Zakur

According to ChainCatcher, Cardano activated the Van Rossem hard fork on July 18 at 21:44:51 UTC, upgrading the network to protocol version 11 with no reported downtime. The upgrade, the first to be completed entirely through chain-based governance voting, aims to reduce Plutus smart contract

A trader who withdrew 4.426 trillion BONK tokens from the BONK treasury through a governance process sold another 800 billion BONK tokens today, worth approximately $2.48 million according to on-chain data. The sales follow the July 6th incident where the trader gained control of tokens worth approx

According to on-chain data shared via X, the trader who legally obtained 4.426 trillion BONK tokens through governance on July 6 sold another 800 billion BONK tokens today, worth approximately $2.48 million. The trader still holds 2.4 trillion BONK tokens valued at roughly $6.94 million at current p

According to The Block, Michael Saylor, co-founder and executive chairman of MicroStrategy, published a 110-point essay on X on Saturday urging the Bitcoin network to reject BIP-110, a proposed anti-spam soft fork. The essay, titled "110 Reasons BIP 110 Is a Bad Idea," garnered over 840,000 views

Kraken launched cash-settled bitcoin and ether options through Kraken Pro on Thursday, introducing a new derivatives product as crypto exchanges and traditional financial firms compete for institutional trading flows. The European-style, USD-settled options are initially available through request-fo

Kraken introduced European-style, USD-settled options on bitcoin and ether through Kraken Pro on Thursday. The product is initially available through request-for-quote trading to eligible international clients outside Europe, North America, and Australia. By settling premiums and final settlement in

Korea's Broadcasting and Media Communications Review Committee (방미심위) signaled it may issue another review suspension on requests to block illegal overseas crypto exchange sites, according to materials submitted to lawmaker 이주희 of the Democratic Party on an unspecified recent date. The committee

According to Lee Joo-hee, a Democratic Party lawmaker, on July 20, South Korea's Broadcast-Media-Communication Review Committee signaled it may issue another suspension decision on requests to block illegal overseas cryptocurrency exchange websites. The committee cited ongoing police

South Korea's Financial Supervisory Service has begun sanction procedures against Dunamu, the operator of crypto exchange Upbit, over a hack the platform suffered in November. The FSS recently sent Dunamu an inspection report covering the incident, according to local broadcaster SBS, citing

According to SBS, South Korea's Financial Supervisory Service has begun sanction procedures against Dunamu, the operator of crypto exchange Upbit, over the roughly $30 million hack the platform suffered on November 27 last year. The FSS recently sent Dunamu an inspection report covering the

According to HyperliquidNews, @tradeparagon acquired the NET ticker (HIP-3) by spending 508.94 HYPE tokens, valued at approximately $31,000.

According to HyperliquidNews monitoring, the most profitable SPCX trader currently holds 67,900 SPCX short positions valued at approximately $8.7 million, with unrealized profits of $2.35 million. The trader's cumulative profits reach $25.1 million, including $22.54 million from perpetual