Crypto Markets & On-Chain Ecosystem Developments

According to Project Tachyon, on Tuesday, Zcash researchers completed formal verification of Ironwood, publishing a machine-checked proof that the network's new shielded pool does not contain undetectable counterfeiting bugs under its stated cryptographic assumptions. The proof, written in the

According to Caixin on July 29, virtual currency and P2P investments represent the only potentially recoverable assets among losses sustained by six creditors in the debt case of boxer Zou Shiming and his wife. Real estate, luxury goods, gym renovations, and other ventures have become irreversible s

Ten European financial institutions announced on July 29 the launch of RL1 (Regulated Layer One), a jointly owned blockchain consortium designed to serve regulated financial markets and tokenized assets. RL1 was formally established in Luxembourg as a European cooperative and has begun operations. Each member has equal decision-making power over network governance and development. Founding members include: ABN AMRO, Cecabank, and others. RL1’s 10 Founding Members and Governance Structure RL1’s 1

Trade.xyz issued a statement on X on July 29 announcing that it will proactively cover liquidation losses caused by the SK Hynix (SKHYNIX) perpetual contract pin event. It said this is a one-time discretionary decision and does not guarantee that it will take similar action in the future. In this incident, liquidation losses were about $57.4 million. Trade.xyz explained that the price drop stemmed from an abnormal order during pre-market trading on the Korean alternative stock trading platform N

July 29, Bitcoin edged higher to around $64,000; earlier that same day, the Iranian Islamic Revolutionary Guard Corps launched multiple ballistic missiles from within Iran at the U.S. military’s Al-Azraq air base in Jordan. The U.S. Central Command said all missiles were successfully intercepted. The news quickly reversed oil prices: Brent crude had already fallen to around $83.75 per barrel, while WTI dropped to about $78.55 per barrel. Iran attacks U.S. base in Jordan, shipping risk in the Str

According to ChainCatcher, Uniswap founder Hayden Adams recently clarified on X that protocol fees for v4 are additive rather than deducted from LP earnings. Adams stated that LPs continue to earn 30 basis points per trade unchanged, while the protocol fee on 30bp pools stands at 5 basis points,

According to Blockaid, Crypto DAO's Pro token was attacked, with the attacker and related profit addresses collectively holding approximately $8.2 million in USDT as of early July 29.

134 bank leaders urged U.S. Senate lawmakers to strengthen stablecoin interest and yield restrictions in the CLARITY Act. The group sent a letter to Senate Majority Leader John Thune (R-SD) and Minority Leader Charles Schumer (D-NY) requesting revisions to Section 10404, which establishes restrictio

According to The Block, Ethereum Layer 2 total value locked (TVL) fell to approximately $5 billion on July 29, marking the lowest level since 2023. The decline has largely reversed gains from 2024 when new Layer 2s including

According to Visa's Q3 earnings call, the company reported quarterly revenue of $11.6 billion, representing a 14% year-over-year increase. During the earnings presentation, Visa disclosed its stablecoin ecosystem investment initiatives, outlining the company's continued focus on digital currency

According to Solflare co-founder Vidor, Solflare Card suspended services on July 29 after card partner Kulipa ceased operations due to solvency issues. User funds remain secure as the service operates on end-to-end self-custody, with card transactions drawn directly from user wallets, requiring no d

According to Alternative.me data, the cryptocurrency fear and greed index stood at 29 today (July 29), indicating a state of fear in the market.

According to Politico, on July 29, Senate Republicans are seeking to advance the Clarity Act to a procedural vote before their August recess, facing significant obstacles including a tight legislative schedule, wavering GOP support, and Democratic concerns over Trump family crypto gains. The bill's

According to a statement from trade.xyz on X platform, SKHYNIX marking price plummeted from $1,127.90 to $917.25 on July 27 at 23:01 UTC, based on an executed transaction relayed by multiple independent data providers. The XYZ oracle operated as designed, tracking the platform as South Korea's

According to ChainCatcher, Robinhood CEO Vlad Tenev disclosed that his X account was compromised last week when attackers used social engineering tactics to deceive X customer service and bypass two-factor authentication and login notifications. The hackers posted false content about meme coins

According to Bitcoin.com News, on July 29, 134 U.S. bank executives and industry leaders jointly urged the Senate to modify Section 10404 of the Clarity Act, which restricts interest or yield payments on stablecoins. The letter calls for stricter language to prevent companies from circumventing the