Crypto Markets & On-Chain Ecosystem Developments

According to Cointelegraph, on July 27, Garden Finance, a cross-chain bridge and atomic swap protocol, detected anomalous activity and temporarily shut down its application. Blockchain security firm Blockaid revealed that attackers exploited a hash time-locked contract (HTLC) vulnerability in Garden

According to Hyperinsight, on July 27 (Beijing time), SKHX on Hyperliquid fell to $1,181.9, a 6.30% decline from the day's high of $1,250.6. A whale holding 33,700 SKHX short contracts at 10x leverage—with an average entry price of $1,317.1—now has unrealized gains of $4.56 million, representing a 1

According to SoSoValue data, crypto markets rebounded across sectors on July 27, with the NFT sector gaining 3.00% in 24 hours. Ethereum rose 3.55% to reclaim the $1,900 level, while Bitcoin climbed 1.07% to break above $65,000. Notable gainers included Audiera (BEAT) up 5.06%, Pudgy Penguins

According to Coinglass data shared by ChainCatcher, whales on Hyperliquid currently hold $5.474 billion in positions today, with long positions at $2.676 billion (48.89%) and short positions at $2.798 billion (51.11%). Long positions show unrealized losses of $32.441 million, while short positions a

Decentralized cloud storage provider Storj Labs filed a voluntary bankruptcy petition with the U.S. Bankruptcy Court for the Northern District of West Virginia on July 26, seeking Chapter 11 bankruptcy protection. Management plans to propose a mechanism that would allow token holders to participate in the equity of the reorganized company, but it has not yet disclosed how token-holder eligibility will be determined (via a snapshot or through a lockup) and what equity distribution ratios may be;

Gate News, July 27—according to Gate market data, as of the time of publication, THQ (Theoriq) is trading at $0.01282. It is up 52.08% over the past 24 hours, with a high of $0.01607 and a low of $0.01025. The 24-hour trading volume is $495.4k. The current market cap is approximately $1.9772 million. Theoriq is a DeFi strategy curator, focused on curating tokenized assets and managing on-chain yield risk. The platform captures returns from market signals through institutional-grade risk controls

According to Coinone on July 27, the South Korean digital asset exchange added a new menu on its app's main screen connecting users to Korean Investment Securities' web trading system (WTS). The new 'Stock Investment' tab allows users to access real-time domestic stock data and seamlessly

Galaxy Digital research head Alex Thorn said in an X post that Bitcoin’s Q2 dormant trading volume has fallen to the lowest level since Q3 2022, and the “coin days destroyed” metric also declined over the same period. Thorn characterized the collective selling by veteran Bitcoin holders in 2024-2025 as “a one-time large-scale distribution (a big distribution).” Bitcoin Q2 dormant trading volume falls to the lowest level since Q3 2022 (Source: Galaxy Research) According to a Galaxy Digital chart

Galaxy Research lowered its estimate for the CLARITY Act becoming law in 2026 to 30% after the Senate released combined legislative text. The revised outlook came from Galaxy Research Head of Firmwide Research Alex Thorn after lawmakers published the 616-page

Russia’s largest bank, Sberbank (Russia’s Federal Savings Bank), plans to build, no later than Dec. 1, cryptocurrency trading infrastructure, including a digital custody platform, to record cryptocurrency ownership outside the main blockchain and handle most transactions. The bank will operate active wallets for customers to initiate deposits, withdrawals, and transfers. Russia’s crypto framework will take effect on Sept. 1, establishing five categories of regulated market participants. Sberbank

Bitcoin (BTC) sees a strong short-term rebound, temporarily around $65,150 on July 27. Michael Saylor hinted that he will roll out “another color,” while Strategy skipped its fourth time in a row buying Bitcoin. The U.S. CFTC warned that prediction-market certifications should not use template contracts, and a post lays out rules for how event contracts handle self-certification. Macro Events & Crypto Buzz 1、According to Cryptopolitan, Michael Saylor published a Bitcoin chart of Strategy and cap

WEMIX, a Layer-1 blockchain network, said that on July 27, the attacker compromised ownership of the contract associated with the WEMIX stablecoin, issued approximately 5.23 million WEMIX without authorization, and swapped them into 30,736 WEMIX and 724,198.27 USDC.e; these USDC.e were then bridged to Ethereum and BNB Smart Chain. Attack execution process: 5.23 million WEMIX unauthorized issuance According to WEMIX’s initial incident update, after the attacker compromised ownership of the WEMIX

According to ChainCatcher, Hyperliquid perpetual contract price surged intraday, breaking through the $7 level and trading at $7.16.

According to GLC Research, Hyperliquid's priority fee mechanism has generated over $5 million in cumulative revenue to date. Based on 14-day and 30-day averages, the annualized buyback scale supported by this revenue exceeds $30 million, representing approximately 7% of HYPE's total revenue. As the

NHN KCP and Shinhan Bank announced on the 27th their participation in Phase 2 of the Bank of Korea's central bank digital currency (CBDC) pilot program, Project Hangang. The companies will leverage NHN KCP's online and offline payment infrastructure to expand the practical use of deposit

On July 27, NHN KCP and Shinhan Bank announced participation in Phase 2 of the Bank of Korea's 'Project Hangang' CBDC initiative. The two companies will expand deposit token-based payment use cases across convenience stores, hypermarkets, and online shopping platforms using NHN KCP's existing

According to analyst Killa, long-term Bitcoin holders' loss supply has surpassed levels seen during the FTX collapse and now approaches 2018 bear market levels as of July 26. Bitcoin's realized price currently sits

According to BlockBeats, Chanxin Technology stock contracts on trade.xyz fell below $6.5 during the opening call auction on July 27, currently trading at $6.5582. The contracts had briefly surged above $7 in the preceding hour before the sharp