Crypto Markets & On-Chain Ecosystem Developments

According to Hyperinsight, on July 28, Hynix Korean stock SKHX traded at $1,069.50 on Hyperliquid, while its U.S. ADR contract SKHY traded at $137.91. The ADR equivalent price of $1,379.10 represents a 28.9% premium over SKHX, narrowing by approximately 4 percentage points from 33.0% the previous

Ondo Finance launched the Ondo Network on Monday, an execution layer that runs application code inside hardware enclaves and settles asset transfers on a public blockchain. The network replaces Ondo Chain, the proof-of-stake Layer 1 Ondo announced in February 2025 and never launched. Ondo

Cwallet unveiled its third-quarter product expansion, introducing IM Group Chat and a Rewards Center to address fragmentation across Web3 services. The update responds to challenges users face when community discussions, rewards distribution, and digital asset management occur through disconnected p

Ondo Finance launched the Ondo Network on Monday, an execution layer that runs application code inside hardware enclaves and settles asset transfers on public blockchains. The network replaces the Layer 1 chain the company announced in February 2025 and never deployed. Ondo's protocol currently

A malfunctioning trading bot overwhelmed Lighter exchange's HYPE and ZEC markets, executing $27 million in HYPE trades and $220.8 million in Zcash trades within five minutes. The bot's rapid trading caused HYPE

Bitcoin miners are moving more coins as their holdings decline to approximately 1.19 million BTC, according to CryptoQuant data. The reduction follows Bitcoin's halving mechanism, which cuts block rewards every 210,000 blocks and has pushed annual supply inflation to 0.88%. Miners earn less for

A malfunctioning trading bot on Lighter briefly overwhelmed its HYPE and ZEC markets, resulting in $482,000 in losses but triggering no liquidations. The bot executed $27 million in HYPE trades (74.2% of market volume) in five minutes, pushing the token from $56.31 to $60.96, while $220.8 million in

According to AMBCrypto analysis, Shiba Inu (SHIB) fell 11% in the last 24 hours following profit-taking after a recent rally, with over $2.1 million in leveraged long positions liquidated. The token's burn activity dropped sharply during the same period, removing a key supply-side support factor.

According to Circle's statement on July 27, the US-based stablecoin issuer acquired nearly 1,000 blockchain-related patents from IBM, becoming what it claims is the largest holder of blockchain patents in the US. The portfolio spans more than 680 patent families covering blockchain technology,

Bitcoin consolidated near $63,346 on July 28, 2026, as the cryptocurrency market entered a phase of low liquidity and heightened macro sensitivity, with institutional participation fading and key technical levels defining the near-term trajectory. The largest digital asset by market capitalization p

Check Point published an analysis on Sunday of SparkKitty, a cross-platform malware that infiltrated Apple's App Store and Google Play and scanned users' photo libraries for cryptocurrency wallet recovery phrases using optical character recognition. Kaspersky discovered the malware in early 2024 and

Gate News message, RWA tokens achieved the strongest performance among major crypto narratives in July. The median return for RWA tokens reached +10% during the month. On July 24, Total RWA On-Chain Capitalization reached $32.2 billion, representing a 12.3% increase since the beginning of July.

According to Foresight News, Stable, a stablecoin payment Layer 1 blockchain, recorded 1 million daily transactions, a new all-time high. The network saw transaction volume surge over 700% in the past two days, pushing some RPC memory pools to capacity limits. The team is expanding RPC capacity to

According to HSBC's 2026 Affluent Investor Snapshot report, crypto asset allocation among nearly 10,000 surveyed high-net-worth investors fell to 6% in 2026, down 1 percentage point year-over-year. Despite the decline, 45% of respondents plan to increase their crypto positions over the next 12

POSCO International and LG CNS launched a pilot to tokenize live trade receivables on the Injective blockchain, using actual commercial data from POSCO International's overseas subsidiaries. POSCO International, one of South Korea's largest trading companies with $22.2 billion in revenue and more th

According to Bitcoin.com News, POSCO International and LG CNS launched a pilot to tokenize live trade receivables across 80+ global branches on the Injective blockchain. The companies are using actual commercial data from POSCO International's overseas subsidiaries, marking one of South Korea's