Crypto Markets & On-Chain Ecosystem Developments

Ethereum is trading at $1,880, down 3.3% after slipping from recent highs, as crypto treasury firm BitMine Immersion Technologies approaches a milestone in its accumulation strategy. BitMine's Ethereum holdings have reached 5.79 million ETH, nearing its stated goal of owning 5% of the circulating su

Myanmar's military-backed parliament passed the Anti-Online Scam Bill on Tuesday, introducing the death penalty for individuals who use violence or unlawful detention to force others into running online scams. The legislation sets a maximum penalty of life imprisonment for operating scam centers or

BitMine Immersion Technologies' Ethereum holdings have reached 5.79 million ETH, bringing the crypto treasury firm close to its goal of owning 5% of the circulating supply, as ETH trades at $1,880, down 3.3% on the day. Chairman Tom Lee noted the ETH to BTC ratio reaching a three-month high, with th

According to Lower House MP Aye Chan and AFP, Myanmar's military-backed parliament approved the Anti-Online Scam Bill on Tuesday, setting the death penalty for those who use violence or unlawful detention to force others into running online scams. Running a scam center or committing digital

Bitcoin spot trading volume hit its lowest level since 2023, down over 75% compared to the end of 2024, according to analysts. Meanwhile, semiconductor stocks have dragged emerging market equities to lows not seen since April, with correlations between U.S. technology stocks and the Korean equity ma

According to HBO's Last Week Tonight, John Oliver recently highlighted that Trump earned approximately $1.4 billion from crypto ventures, including NFTs, memecoins, and World Liberty Financial, during his first year back in office. Oliver called Trump "the first crypto president" and described the T

Gate News message, as of July 28, only 150 unique VCs had participated in crypto funding rounds, marking the lowest monthly figure since November 2020. The sharp decline in activity points to further concentration in the venture capital space within the cryptocurrency

According to Chainwire, BitSafe launched the public beta of Decentralization Manager on July 28, 2026, an open-sourced framework backed by over $1 million in Canton Foundation grants. The platform enables developers and institutions to build decentralized financial applications on the Canton

According to BlockBeats, on July 28, 1inch officially launched shared liquidity protocol Aqua to all users. The protocol enables users to support multiple liquidity positions simultaneously with a single token balance held in their wallet, without depositing assets into pools. Trades are settled

According to Aave founder Stani on July 28, the proposed Clarity Act would permit banks to legally use digital assets and distributed ledger technology without prior notification or approval, with business activities covering custody, staking, and

According to Odaily, Senator Jon Husted publicly supported the Digital Asset Market Clarity Act on July 28, stating the U.S. needs a clear regulatory framework to lead in digital assets. CLARITY Act proposes establishing the first comprehensive federal framework, allocating jurisdiction between the

Arthur Hayes accumulated 7,213 ETH at a total cost of $13.87 million between July 15 and July 28, with the largest single purchase of 3,298 ETH ($6.39 million) executed on July 28. The BitMEX co-founder's accumulation occurred as Ethereum's spot price dropped from $1,960 to $1,872 on July 28, part o

According to Websea's official announcement, the trading platform launched CXMT (Changshinе Technology) stock perpetual contracts on its TradFi section today at 18:00 UTC+8. The launch provides bidirectional trading access for users interested in the domestic memory chip

According to BlockBeats and BIT market data, MicroStrategy's perpetual preferred stock STRC reported at $88.1 on July 28, down 0.26%, following a 1.65% gain the previous day. The company has halted Bitcoin purchases for five consecutive weeks, according to statements from founder Michael

BlackRock transferred over $271 million worth of Bitcoin to Coinbase Prime, according to Onchain Lens, as BTC declined to $63,524 after a 2.8% drop on the daily charts. The asset management firm's move to the exchange historically signals preparation to sell, coinciding with Bitcoin's dip to a

Apple is facing a $1.8M lawsuit filed on July 24 at a Californian court over a fake Sparrow Bitcoin wallet on its App Store. Three victims—James Ramirez, Christopher Ellis, and Jalen Delgado—claimed the company failed to warn users about the spoofed application and its risks to cryptocurrency and

XRPL Commons announced a 36-hour hackathon scheduled for October 24–25, one week before Ripple's Swell conference. The announcement coincides with blockchain analytics platform MSB Intel reporting that the XRP Ledger's seven-day average

According to MSB Intel, XRPL Commons announced an XRPL Hackathon set for October 24–25, as the XRP Ledger's seven-day average active addresses climbed 2.3% to approximately 14,300 daily active wallets. The 36-hour event, hosted in partnership with the XRP Ledger Foundation, invites developers to