Crypto Markets & On-Chain Ecosystem Developments

According to RootData, Arbitrum will unlock approximately 123.53 million ARB tokens on July 16 at 9:00 AM Beijing time, valued at approximately $9.58 million.

According to RootData, Vana (VANA) will unlock approximately 2.57 million tokens worth $2.92 million on July 16 at 7 p.m. Beijing time.

Gate News reports that as of July 9, according to Gate market data, XEM (NEM) is currently trading at $0.00082, up 47.19% in the past 24 hours, reaching a high of $0.001 and a low of $0.00045. The 24-hour trading volume is $349,300. The current market cap is approximately $7.3476 million. The NEM blockchain project was founded in 2015. It is a digital asset management platform capable of creating fintech systems, logistics tracking, token issuance, notarization, decentralized identity verificati

Russia's largest private bank, Alfa-Bank, announced on July 9 that it plans to become a digital custody institution and offer cryptocurrency-related services, targeting not only its own clients but also other corporate entities. Chief Operating Officer Dmitry Vitman personally estimates that retail brokerage services may appear by the end of 2026 to early 2027, with large-scale market liquidity not expected before the end of 2027. Alfa-Bank's Service Plans: Digital Asset Custody Platform, Corpor

Oregon Democratic Senator Ron Wyden this week wrote to Senate Majority Leader John Thune, requesting that Section 604 (the Blockchain Regulatory Certainty Act, BRCA) be retained in future drafts of the CLARITY Act. BRCA provides a safe harbor for developers who do not hold or control customer funds. However, a joint letter signed by law enforcement alliances representing over 70,000 prosecutors, sheriffs, and police officers opposes this. Core Content of Section 604 of BRCA: Developer Safe Harbo

According to ChainCatcher, Offchain Labs co-founder Steven Goldfeder stated that 10% of fees collected on Robinhood Chain and other Arbitrum L2s will flow to the Arbitrum ecosystem—8% to the community treasury controlled by token holders and 2% for development funding. All fees on Arbitrum One flow

According to a letter sent on July 8, Senator Ron Wyden (D-OR) urged Senate Majority Leader John Thune and Minority Leader Chuck Schumer to preserve Section 604 of the Clarity Act in any version brought to the Senate floor. The section, known as the Blockchain Regulatory Certainty Act (BRCA),

According to BlockBeats, on July 9, crypto exchange AscendEX announced it would cease operations, citing market conditions and the EU's MiCA (Markets in Crypto-Assets Regulation) as contributing factors. The same day, DeFi data dashboard Zapper announced it would fully shut down its website,

According to its announcement on X, Wintermute has executed its first perpetual futures contract on computing power, using Nvidia H100 GPU pricing as a reference. The market maker noted that computing power is emerging as an independent asset class with new pricing and hedging

Manhattan Federal District Judge Analisa Torres on July 8 rejected Kalshi's request for a preliminary injunction to prevent New York State from applying gambling laws to its prediction market platform. Kalshi subsequently filed an appeal with the Manhattan Federal Court of Appeals. On the same day, Google updated its Chrome app store policies, banning browser extensions related to prediction markets, with the policy taking effect on August 1. Torres' Ruling on Kalshi's Loss: Three Legitimate Goa

According to ChainCatcher, the U.S. Department of Justice issued an internal warning to staff that Binance may reduce cooperation in cryptocurrency-related cases. Binance responded, stating the reports are inaccurate and that its cooperation with law enforcement agencies has not and will not

BNB Chain announced plans to launch a new Layer 1 blockchain in early 2027 specifically designed for agentic trading, targeting transaction pre-confirmation times below 50 milliseconds and transaction throughput exceeding 100,000 TPS with sub-second finality. The chain will eliminate public

Since early July, a deep fake video created using AI technology depicting Cristiano Ronaldo (C Ronaldo) has been widely circulated on platforms such as Instagram, Facebook, TikTok, and YouTube. In the video, the fake C Ronaldo claims, "If you invest all your money into USWR by the end of July, you'll be very happy," and directs viewers to a fake website; C Ronaldo has never made such statements. Source of the Deep Fake Video: An interview with La Vanguardia on July 3, where C Ronaldo praises Mod

Hyundai Card and Hyundai Motor announced on the 9th that they completed a proof-of-concept for stablecoin-based remittances between overseas subsidiaries and are ready for actual business implementation. The companies verified the technology's viability in real international remittance

According to ChainCatcher, citing Coinglass data, whales on Hyperliquid currently hold $5.059 billion in open positions, with a long-to-short ratio of 0.97. Long positions account for $2.485 billion while short positions stand at $2.574 billion. Wale address 0x082e..88 opened a 5x leveraged long po

According to Hyundai Card, on July 9, the company and Hyundai Motor completed a proof-of-concept for stablecoin-based cross-border remittance between the automaker's U.S. and Mexico subsidiaries. The first phase involved transferring $20,000 in USDT (Tether) from Hyundai Motor America to Hyundai Mot

According to Odaily, a federal court rejected an emergency challenge to Tennessee's cryptocurrency ATM ban on July 1, 2026. Public Chapter 766 remains enforceable during ongoing constitutional litigation filed by CoinFlip and Private IT Corporation. Under the law, knowingly installing, permitting, p

According to on-chain analyst Ai Yi monitored by PANews, a smart money address closed 8,400 SKHX positions at $1,510.3 on July 9 at 08:22 UTC, booking a small loss of $344. Including funding fees, the total loss reached $97,000, though this significantly narrowed the account's previous peak

Aave DAO approved the native deployment of its GHO stablecoin on Arbitrum, an Ethereum layer-2 network. The governance decision aims to expand GHO's liquidity and distribution within one of Ethereum's most active layer-2 ecosystems. The deployment provides Aave with an additional route to increase G

According to governance.aave.com, Aave DAO approved native GHO stablecoin deployment on Arbitrum on July 8. The move aims to deepen stablecoin liquidity in the Ethereum layer-2 ecosystem and expand GHO's use cases beyond its initial launch markets. Arbitrum's active DeFi environment is expected to provide meaningful adoption pathways for GHO lending and liquidity provisions.