Crypto Markets & On-Chain Ecosystem Developments

According to journalist Eleanor Terrett, the White House and Treasury Department recently denied participating in proposed modifications to the BRCA provisions of the Clarity Act. Two prosecutor representative groups submitted amendments seeking to remove protections for software developers from

According to Safe's Q2 report released today (July 29), the crypto wallet protocol processed 130 million transactions in the second quarter, a record high. However, quarterly revenue fell to approximately $1.98 million, down from $2.88 million in Q1—a decline of over 30% that may be linked to crypto

According to Fortune, Polymarket has established Polymarket Institute, a newly funded research organization dedicated to studying prediction markets and information discovery mechanisms. The platform will award 12 initial research fellows $10,000 each through a "Science Fellowship" program modeled o

According to Kaito, the platform launched Kaito Katalyst, a new rewards layer for creator campaigns that uses a performance-based payment model. Project teams pay rewards based on actual results delivered by creators, measured across flexible criteria including mind share, clicks, sign-ups,

According to Foresight News citing Politico, the latest round of negotiations on CLARITY Act Section 604—which proposes a safe harbor for non-custodial software developers—has shifted focus from law enforcement to prosecutors' groups. The National Sheriffs Association, which previously opposed the m

According to Fox Business, the White House and Treasury Department are rebutting Senator Cortez Masto's claims that a recent BRCA proposal reflects their positions. Crypto Council executive director Patrick Witt stated the proposal is "far removed" from the government's stance, while the Treasury in

According to CoinDesk, on July 29, BNY Mellon is migrating its core Transfer Agent (TA) business to blockchain to establish a single on-chain shareholder registry for approximately $8.6 trillion in assets and 7.6 million accounts, aiming to reduce intermediaries and reconciliation costs. Initial

Onchain Lens partnered with TxFlow_L1, a Layer 1 blockchain focused on financial execution, launching an early access trading campaign announced via tweet on July 28, 2026. The collaboration aims to increase awareness of TxFlow_L1's ecosystem while providing selected early participants access to a p

According to Onchain Lens, the data platform has partnered with TxFlow_L1, a newly launched Layer 1 blockchain for financial execution, on July 28. TxFlow_L1 integrates perpetual futures, spot trading, real-world assets (RWAs), and prediction markets into a single native liquidity pool, aimed at

The Consumer Federation of America estimated that cryptocurrency scams cost Americans $80.7 billion in 2025, based on FBI figures that reported $11.37 billion in crypto-related fraud losses to the agency last year. The association of non-profit consumer groups applied a 7.1x multiplier derived

According to Arkham, BlackRock's Bitcoin spot ETF IBIT experienced approximately $60 million in net redemptions this week, while the firm's clients simultaneously purchased over $20 million in Ethereum. The data suggests some institutional investors are reducing Bitcoin exposure while increasing Eth

According to the Consumer Federation of America, cryptocurrency accounted for more than half of all scam losses reported to the FBI in 2025, with official losses reaching $11.37 billion, up 22% from 2024. Applying a 7.1x multiplier based on a Bureau of Justice Statistics survey showing only 14% of f

According to Cointelegraph, South Korea's Financial Services Commission is proposing comprehensive cryptocurrency asset legislation that would cover stablecoins and crypto exchanges. Lawmakers are also considering abolishing the 22% crypto asset tax originally scheduled for implementation in 2027.