Crypto Markets & On-Chain Ecosystem Developments

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.

According to Robinhood Crypto, Robinhood Chain has been integrated into Robinhood Wallet today (July 9), enabling users to bridge, swap, and explore across Solana, Ethereum, Arbitrum, and other chains directly within the

Gate News reports that as of July 9, according to Gate market data, POWER (PowerLoom) is currently priced at $0.0999, up 40.66% in the past 24 hours, reaching a high of $0.1202 and a low of $0.07616. The 24-hour trading volume is $62,400. The current market cap is approximately $20.97 million. Power Protocol is the infrastructure layer for blockchain entertainment, supporting a unified ecosystem for everything from popular games like Fableborne to new studios, global IP, and AI-native products.

According to RWA.xyz data, as of July 9, the transfer volume of tokenized stocks over the past month increased by 105%, reaching $8.41 billion; during the same period, circulating value grew by 43% to $2.16 billion, and the number of holders rose by 17% to over 409,000. Distribution value growth across platforms in the past 30 days: Figure surged 935%, Securitize increased 332%. RWA.xyz: Tokenized Stock Transfer Volume Monthly Growth of 105%, Circulating Value Up 43% (Source: RWA.xyz data platfo

Gate News bot reports that Gate's market data shows BTC has fallen below 62,000 USDT, currently priced at 61,997 USDT.

Coinbase received UK investment services authorization under the Markets in Financial Instruments Directive (MiFID) framework from the Financial Conduct Authority (FCA), expanding the crypto exchange's services beyond digital assets into derivatives and equities. The authorization allows Coinbase to