Crypto Markets & On-Chain Ecosystem Developments

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

The Ethereum Beacon Deposit Contract holds 88.29 million ETH as of this weekend, representing 73.16% of the network's top 12 wallets. Six exchanges control 6.6 million ETH across multiple addresses, with Binance holding the largest share at 3.19 million ETH split among three separate wallets. The co

According to blockchain data from Etherscan and Arkham Intelligence, six exchanges control 6.6 million ETH combined as of this weekend, with Binance holding the largest share. Binance's three separate wallets—dubbed "Binance 7," "Binance Hot Wallet 20," and "Binance-Peg Tokens"—collectively hold 3.1

Input Output announced Friday it will transfer control of Cardano's core blockchain infrastructure to outside specialist companies, starting in August and running through 2027. The handover covers the Haskell node, Plutus smart-contract platform, Daedalus wallet, and Hydra scaling technology.

According to Input Output's announcement on Friday, Cardano is handing control of its core blockchain infrastructure to outside specialist firms, beginning in August. The Haskell node, Plutus smart-contract platform, Daedalus wallet, and Hydra scaling technology will be transferred to Se7en Labs,

According to Bitcoin.com News, UFC star Conor McGregor wagered $100,000 on Argentina defeating Spain 3-2 in regulation time at the July 19 World Cup final, with a potential $3.6 million payout at 36.00 odds. The bet must settle within 90 minutes plus stoppage time; any other score results in a

According to France's gambling regulator Autorité nationale des jeux (ANJ), the agency ordered internet service providers to block Polymarket on July 16, citing the platform's promotion of illegal gambling offerings. The regulator said the platform could expose users to significant losses and that s

Prediction market traders on Polymarket and Kalshi turned bearish on the Clarity Act (H.R. 3633) becoming law by December 31, 2026, with Polymarket odds falling to 39% as of July 19, 2026. The decline reflects skepticism that congressional action will translate into signed legislation despite

According to Polymarket on July 19, prediction market traders have turned bearish on the Clarity Act becoming law by December 31, 2026, with "yes" odds falling to 39% from recent highs. The market has drawn nearly $1.94 million in volume. Meanwhile, Kalshi bettors are more confident about a

According to Michael Saylor's X post on Sunday, MicroStrategy's strategy executive chairman detailed his criticism of Bitcoin Improvement Proposal-110, a proposed protocol change to limit non-monetary transactions on the network. The roughly 3,700-word post, which outlines his concerns about the pro