News linked to this event type.
According to Cointelegraph, decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of West Virginia. The company stated that during the restructuring, the network will maintain normal operations, customer service will not be affected, and parent company Inveniam will continue to provide support. Storj management plans to propose a mechanism allowing STORJ token holders to participate in the equity of the restructured company, but specific eligibility criteria, token snapshots or lock-up arrangements, and equity allocation ratios have not yet been disclosed; any plan must be approved by the court.
According to "Digital Assets", South Korean blockchain platform WEMIX released an official announcement on July 27, acknowledging a security incident involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred at 6:18 PM on July 26, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.
South Korean trading company POSCO International and LG CNS are conducting a pilot program to deploy real-time trade receivables on the Injective blockchain, aiming to accelerate payment processes among its global subsidiaries. By placing receivables on a shared blockchain ledger, the two parties create a single, transferable record embedded with compliance rules, reducing reconciliation time between buyers, sellers, and banks. POSCO plans to advance this project into a live production environment after the pilot. The initiative involves blockchain applications such as trade finance, stablecoin-based funds transfer, and asset tokenization.
Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin's increasing momentum, ETF demand, and institutional adoption may indicate early signs of a new crypto bull run, driven by factors including tokenization, stablecoins, and blockchain-based financial markets. Hougan pointed out that since July 1st, Bitcoin has risen by 9%, while the Nasdaq 100 has fallen by 6%. He noted that market sentiment and ETF flows have improved, but the market has not yet confirmed a bottom. Hougan believes the next crypto cycle will focus on the convergence of blockchain technology and traditional finance, encompassing stablecoins, tokenization, 24/7 trading, instant settlement, and the expansion of institutional DeFi to a trillion-dollar scale. Hougan views Hyperliquid and Robinhood as two paths for on-chain finance. He stated that nearly half of Hyperliquid's trading volume comes from traditional assets such as crude oil, silver, and the S&P 500. Robinhood launched Robinhood Chain on July 1st to support tokenized stocks and DeFi services.
Brian Armstrong posted on platform X, stating that the number of tradable assets on Coinbase Advanced far exceeds external perception, and users can now view its newly launched market dashboard.
As the 2026 midterm elections enter the final 100-day countdown, cryptocurrency advocacy group Stand With Crypto stated in a post on X on July 26 that nearly 70% of surveyed cryptocurrency holders believe a candidate's stance on crypto will influence their vote, and nearly 80% indicated they are almost certain to vote. Stand With Crypto noted that 73% of surveyed crypto holders are closely monitoring which crypto policies lawmakers support, while 59% do not have a fixed party affiliation. The organization stated that crypto supporters have contacted Congress over 1 million times regarding relevant legislation. Market attention is focused on the CLARITY Act, the Digital Asset Market Clarity Act of 2025. The bill aims to clarify the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in digital asset regulation, and will influence whether certain digital assets are classified as securities or commodities under federal oversight. Supporters of the bill argue that there is a limited time window to advance legislation before the election-year agenda tightens. Opponents contend that any new framework must maintain protections against fraud, market manipulation, and investor losses. The discussions involve issues such as exchange access, investment products, taxation, and the role of federal regulators in digital finance.
a US Senator has released a new draft of the Digital Asset Market Clarity Act (Clarity Act), merging two previously advanced versions from the Senate Banking Committee and the Senate Agriculture Committee, and for the first time, includes content related to ethics clauses. The ethics clause in the new draft proposes to prohibit senior government officials from sponsoring or issuing their personal cryptocurrencies. The bill has not yet been fully advanced, and it remains uncertain whether the key provisions will receive bipartisan support.
Odaily news "On-chain detective" ZachXBT posted in his personal channel, stating that Telegram continues to allow scam advertisements to be displayed to subscribers in his channel, impacting user experience and posing potential security risks.ZachXBT stated that if users are Telegram Premium members and wish to support upgrading his channel, they can help it reach the required level by using the channel's Boost function, thereby unlocking the ability to disable ads. Currently, the channel needs to reach Level 50 to enable the ad-disabling option.ZachXBT has long focused on scams, hacker attacks, and on-chain fund tracking within the crypto industry, and has repeatedly exposed incidents involving phishing attacks, fake projects, and fund theft.This time, he raised concerns about Telegram's advertising mechanism, arguing that the platform allowing scam advertisements to appear in crypto community channels may increase the risk of users encountering malicious links and fraudulent activities.
Ethereum staking protocol Lido stated on X platform that today's stETH Rebase has been completed as expected, and has compensated for the ETH rewards missed yesterday due to calculation deficiencies. The corresponding annual percentage rate (APR) is approximately 2.29%. Additionally, the protocol's oracle has been updated and passed audit. The new version will improve report processing speed and help locate the cause more quickly when similar issues arise in the future.Regarding the yield calculation anomaly that occurred yesterday, Lido stated that contributors are still conducting a root cause analysis. Further investigation details will be published on the official forum and social platforms. Throughout the entire incident, user funds were never at risk. Preliminary analysis suggests the issue may have stemmed from a specific edge case: the yield report from yesterday omitted a validator that was in a pending deposit status, causing some staking rewards to be excluded from the calculation.Lido stated that a complete post-mortem report will be released in the coming days to further explain the cause of the issue, remediation measures, and subsequent improvement plans.
the WEMIX team has issued an announcement stating it is urgently investigating a potential security incident involving the WEMIX 3.0 network. Signs have been detected suggesting that contract ownership may have been compromised. The relevant team is currently verifying the facts and assessing the impact of the incident, and will release the investigation results and subsequent response measures as soon as possible based on the progress of the investigation. Until further official updates are released, WEMIX reminds users to exercise caution regarding unverified information and to maintain a high level of vigilance when transacting or investing in related assets.
According to previous patterns, Strategy typically discloses information on changes in its Bitcoin holdings the day after relevant news is released.
Michael Saylor, founder and Executive Chairman of Bitcoin treasury company Strategy, has once again released information related to the Bitcoin Tracker. Based on previous patterns, Strategy typically discloses changes in its Bitcoin holdings the day after such announcements.
Elon Musk recently gave an interview to Zanny Minton Beddoes, Editor-in-Chief of The Economist, discussing topics including super-intelligent AI, politics, and AI regulation.Musk predicted that artificial intelligence would surpass the combined intelligence of all human beings within the next 5 years or so, stating that AI would then outperform humans in almost every field, except for “being human itself.” He believes AI has the potential to bring about an “unprecedented era of abundance,” allowing people to obtain almost anything they desire.Regarding AI risks, Musk reiterated his previous assessment that there is roughly a 10% to 20% probability of AI leading to human extinction. However, he noted that as the development of AI and robotics technology has become irreversible, he has accepted this reality. He described his current attitude as “enjoying the ride,” adding that even if a “pause button” existed, it might not necessarily be pushed.Musk admitted he has been “a bit too invested in politics, even a little carried away.” Nevertheless, he defended his previous work pushing for the Department of Government Efficiency (DOGE) to cut fiscal spending, stating that his goal was to reduce government waste and fraudulent expenditures.On AI governance, Musk suggested that major AI labs such as OpenAI, xAI, and Anthropic should hold regular safety meetings to mutually assess potential risks before releasing new models. He believes that competitors are better positioned than governments to identify problems in each other's models.Additionally, Musk once again criticized OpenAI for transitioning from a non-profit organization to a closed-source for-profit company, and reiterated his dissatisfaction with OpenAI CEO Sam Altman. At the same time, he praised Anthropic co-founder and CEO Dario Amodei, calling him “a man of great principle,” and stated that if necessary, AI companies should “put aside personal grievances and cooperate for the good of the world.”During the interview, Musk also insisted that budget cuts to the United States Agency for International Development (USAID) “did not cause any deaths” and denied related criticisms, prompting questions from the interviewer. (BusinessInsider)
: Julian Schrittwieser, a technical staff member at Anthropic, recently posted on social media, joking about the shift in attitude some tech giants have shown towards "open source" in recent years. He expressed anticipation for Nvidia and Microsoft to further open up their core technologies, stating: "It's great to see Jensen Huang become a supporter of open source. Looking forward to the open-source release of CUDA and GPU drivers. Also looking forward to Satya Nadella supporting open source, hoping to see Windows and Microsoft Office open-sourced in the future."Julian Schrittwieser also responded to external speculations that he opposes open weight models, indicating that this interpretation is inaccurate. He believes that open models can actually play an important role in many scenarios. However, Schrittwieser pointed out that what is interesting is that some companies, which have long been very cautious or even opposed to open source in the past, are now rapidly shifting towards supporting open ecosystems.In recent years, with the intensification of competition in artificial intelligence, open-source models, open weights, and developer ecosystems have become critical areas of competition in the tech industry. Companies including Nvidia and Microsoft have continuously emphasized their support for open ecosystems. However, the definition of "open" remains controversial within the industry—some companies open up model interfaces, toolchains, or ecosystems, while their core commercial assets remain closed source.Julian Schrittwieser's remarks have also sparked discussion, focusing on whether the "selective open sourcing" promoted by tech giants represents genuine openness or a new ecological competitive strategy.
the race for the EU's Markets in Crypto-Assets Regulation (MiCA) is coming to an end, but the real challenges for companies are just beginning. The high cost of maintaining ongoing compliance systems may reshape the European crypto landscape. The future competitive focus in the industry is likely to shift from "who can obtain a license" to "who can afford the regulatory costs," driving companies towards scaling through mergers and acquisitions, joint ventures, or partnerships with banks. As MiCA is gradually implemented and the UK's crypto regulatory framework takes shape, the European crypto industry is entering a new phase of consolidation. Insiders believe that high-standard regulatory requirements could fuel a new wave of M&A, and cooperation between crypto-native companies and traditional financial institutions will deepen further.This trend may be even more pronounced in the UK market. The Financial Conduct Authority (FCA) is developing a new regulatory framework for crypto assets, which is expected to bring crypto businesses under the existing financial services regulatory system, subjecting them to capital, operational, and customer asset protection requirements similar to those for traditional investment firms. Steven Lightstone, a partner at Morgan Lewis in London and co-head of the global fintech team, stated that while the FCA aims to promote market competition and support new entrants, its regulatory standards will be very strict when it comes to consumer protection. Unlike the EU's standalone MiCA framework, the UK's approach will directly leverage the existing financial regulatory system to manage crypto firms.Meanwhile, increased regulatory certainty is accelerating the entry of European banks into the digital asset space. Simon Schneider, CEO of Sygnum Europe, noted that currently fewer than 20% of banks in Europe offer crypto-related services, indicating a significant market gap. The greatest value of MiCA is not just creating a new licensing system but providing legal certainty for financial institutions to enter the digital asset market. Citing Switzerland as an example, he pointed out that after the introduction of distributed ledger technology regulations, most major Swiss banks have begun offering digital asset services, a path that other parts of Europe may follow in the future. Banks are unlikely to replace crypto-native companies altogether; instead, they are more likely to rely on specialized infrastructure providers and collaborate in areas such as custody, brokerage, staking, and asset tokenization.As companies that fail to secure MiCA licenses gradually exit the European market, assets may become further concentrated among regulated entities. However, Schneider believes that self-custody models and institutional custody models will continue to coexist for the long term.Industry insiders suggest that the European crypto industry is entering a "regulatory-driven consolidation cycle." For crypto startups that previously
CryptoQuant analyst Axel Adler pointed out in a weekly report analysis that the US 10-year Treasury yield has recently risen to approximately 4.7%, approaching the upper limit of the range over the past five years. The high-interest rate environment is tightening financial conditions, raising financing costs and asset discount rates, and increasing pressure on risk assets.
Bitmine 董事长 Tom Lee在 X 平台发文表示，以太坊有望成为金融与 AI 代理最广泛使用的结算层，“ETH 就是链上货币”。 此外，在其转发的采访内容中，Tom Lee 还称回应了市场认为以太坊正被 Layer2 蚕食的问题，他表示并不认同，并指出虽然 Layer2 网络也吸引数千万现实世界用户进入链上生态，但以太坊主网仍在进一步巩固其作为主要经济结算中心的地位，快速确认（Fast Confirmation）机制能够把转账摩擦降低约 98%。
NFT platform Forma announced it will cease operations of the Forma blockchain, stating that continuing to maintain the network is unsustainable. Forma stated it will migrate the Modularium platform and Forma NFTs to the Ethereum mainnet to ensure the long-term continuity of related works and trading markets. After the migration is complete, user NFTs will remain accessible and can be traded on Ethereum ecosystem markets such as OpenSea, while Modularium will continue to operate as a display platform for these NFT series. Forma also urged users to withdraw on-chain funds via the Forma Bridge as soon as possible. Unwithdrawn assets will be manually migrated by the team to a new EVM-compatible chain at a later stage. The team emphasized that user funds and NFT assets are secure, and specific migration timelines and processes will be announced subsequently.
According to X user DI (@Start16Start), he previously worked at BitMart and is currently a WEEX employee. After BitMart released the announcement to cease operations, DI posted stating that as someone who was once inside the company, seeing BitMart shut down was "not surprising".
Nenter Chow stated that the orderly cessation of operations announcement released by BitMart on July 26 was not formulated with his involvement; he was not previously informed of the relevant decision and only learned of the news after the announcement was made public. He reminded users to refer only to BitMart's official channels for account-related matters and to follow the guidelines in the official announcement as soon as possible.