Crypto Markets & On-Chain Ecosystem Developments

According to Foresight News, Cardano wallet service provider SecondFi recently launched a streamlined wallet claims submission process within its app, allowing users to submit claims directly without contacting support. SecondFi confirmed that the recent security incident stemmed from a

Magic Labs has agreed to sell its embedded wallet business to Payward, the parent company of Kraken. The transaction value was not disclosed. The deal will be completed within the next few weeks after standard closing conditions are met, through an asset sale. Magic Labs’ wallet business has created more than 60 million wallets. Starting from Aug. 1, customers will be served by Payward. Deal Details: Magic Labs’ Embedded Wallet Business Sold to Payward Per the relevant announcement, the main ter

According to Dailian, Coinone today (July 28) launched a joint service with Korean Investment & Securities, adding a "Stock Investment" tab to its app homepage. Users can access real-time domestic stock information and execute trades through Korean Investment & Securities' web trading platform

According to PeckShield's monitoring, Solido Money disclosed an attack over the weekend (July 28), resulting in the theft of approximately 293.7 million SUPRA tokens. Around 220 million of the stolen tokens were deposited into an address suspected to be associated with Gate. The protocol reported th

According to SoSoValue, Bitwise Solana Staking ETF (BSOL) saw net inflows of $1.0337 million yesterday (July 27), accounting for the entire day's SOL spot ETF inflows. The fund has accumulated $909 million in historical net inflows to date. SOL spot ETFs' total net assets reached $889 million as of

According to SoSoValue data cited by PANews, XRP spot ETFs recorded net inflows of $592,500 on July 27. Franklin XRP ETF (XRPZ) was the sole contributor, with identical inflows of $592,500, bringing its historical

According to Farside Investors data, for the week ending July 24, Ethereum spot ETFs saw net inflows of $103.8 million, about three times Bitcoin spot ETF's $33.9 million inflows, marking the second consecutive week of outperformance. BlackRock's Ethereum fund ETHA drove the gap, pulling in $96.3 m

According to ChainCatcher, Incheon mayoral candidate Yu Jung-bok recently faced police investigation over allegations of property fraud. The candidate is suspected of failing to report approximately 21,000 crypto assets held by his spouse, violating mandatory asset disclosure

Gate News: July 28 — according to Gate market data, as of the time of writing, AKE (AKEDO) is trading at $0.00404. It’s up 44.09% over the past 24 hours, with a high of $0.00641 and a low of $0.003. The 24-hour trading volume is $10.2099 million. Current market cap is approximately $92.1257 million. AKEDO is a Vibe Coding game and content creation engine, as well as a Launchpad. It uses AI agents to boost development efficiency to 100 times that of traditional LLM solutions. The AKEDO platform p

According to Foresight News, blockchain analyst Specter found that wallets linked to influencer kimchi were involved in multiple token deployments, bundle trades, and rug pulls in May-June 2024. Analysis showed the wallets bought tokens minutes after deployment and sold at significantly higher

New York State Attorney General Letitia James (Letitia James) submitted written testimony to the Senate Standing Committee on July 28, warning that the federal Digital Asset Market Clarity Act (CLARITY Act) could supersede state-level regulatory authority and calling on Congress to establish stricter consumer protection rules for crypto platforms. In her testimony, James said that over the past five years, New York State has suffered cumulative losses of nearly $500 million from cryptocurrency s

Gate News, July 28: According to Gate data, as of the time of publication, COTI (COTI) is trading at $0.01048, up 54.24% over the past 24 hours. It hit a high of $0.01277 and a low of $0.00733, with $935.4k in 24-hour trading volume. Its current market cap is approximately $30.98 million. COTI is an ecosystem built comprehensively around the “financial blockchain,” designed specifically to address challenges faced by CeFi (including fees, latency, global compatibility, and risk) and DeFi (includ

Kalshi settled a $3.32 million Spotify prediction market minutes after its enforcement chief responded to a trader's fraud warning, according to correspondence published Sunday by trader Caleb Davies. Davies had asked the exchange to delay settlement while suspected manipulation of streaming data wa

According to TechCrunch, Apple faced a lawsuit over App Store security following a Sparrow Wallet scam. Three plaintiffs alleged they were misled into downloading a fraudulent version of the Sparrow Wallet application—which has no official iOS release—and collectively lost over $1.8 million.

Bitcoin (BTC) gives back the early-week gains, trading at around $63,225 as of July 28. Franklin Templeton publicly backs the “CLARITY Act,” saying the bill will clarify the regulatory framework for crypto assets. Bitmine said that over the past week it bought nearly 10,000 ETH and has not paused its buying strategy despite the lackluster market; it currently holds 5.79 million ETH. Macro Events & Crypto Hotspots 1、Franklin Templeton posted on X saying it publicly supports the “CLARITY Act” pass

According to Odaily, Kalshi settled a $3.32 million Spotify prediction market on June 29 after allegations of artificial stream manipulation. The market tracked which artists topped Spotify's U.S. daily chart. Trader Caleb Davies reported that Malcolm Todd's song "Earrings" surged 70% in a single da