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MEXC and CoinGecko Release Report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," MEXC TradFi Monthly Trading Volume Surges Approximately 59x
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Zignaly Co-Founder: Zignaly’s Trading Volume Exceeds $10 Billion, Key to RWA Tokenization Is Not Minting Tokens
: Abdul Rafay Gadit, co-founder of Zignaly and Layer 1 network Zigchain, stated that traditional wealth management relies on slow, expensive, and isolated settlement layers. Asset liquidation or investor verification can take days and requires repetitive manual compliance checks. He pointed out that a dedicated Layer 1 blockchain can embed eligibility requirements, geographical restrictions, and transfer rules directly into the asset, allowing execution, ownership, settlement, and reconciliation to exist in the same verifiable state. Zignaly has now expanded to over 500,000 users, with trading volume exceeding $10 billion. Abdul Rafay Gadit stated that the key to RWA tokenization is not minting tokens, but rather the underlying structures such as legal ownership, custody, valuation, redemption, and qualified holders.
AI Investment Boom Faces Key Test: SK Hynix’s US Listing Could Be a Major Barometer
South Korean memory chip giant SK Hynix is set to list on the Nasdaq this Friday, becoming another highly anticipated large-cap tech company to debut in the US, following SpaceX. It is reported that SK Hynix plans to raise approximately $28 billion through an American Depositary Receipt (ADR) offering. As one of Nvidia's key suppliers, SK Hynix primarily produces High Bandwidth Memory (HBM), DRAM, and NAND flash products, with its business benefiting from the growing storage demand driven by the expansion of AI infrastructure.Market analysts believe that SK Hynix's US listing will serve as a crucial test of investor appetite for the next wave of AI technology IPOs. Over the past 12 months, its shares listed in South Korea have surged approximately 770%, outperforming rival Micron Technology's roughly 700% gain during the same period. SK Hynix's listing reflects the AI industry's investment fever spreading from large-scale models and computing chips to the storage and semiconductor supply chain. The market expects the second half of 2026 could see more waves of major IPOs from AI and tech companies. (Fortune)
Cantor Fitzgerald: Bullish on MSTR and BTC Correlation Recovery, STRC Key to Restarting Capital Engine
Wall Street investment bank Cantor Fitzgerald stated that the key to Strategy restarting its capital expansion cycle lies in restoring its preferred stock STRC back to the $100 par value level. The bank pointed out that repairing the STRC price is a core prerequisite for restarting the company's Bitcoin accumulation "capital engine" and will help stabilize the overall capital structure.After a meeting with Executive Chairman Michael Saylor, Cantor Fitzgerald expressed increased confidence in management's plans to stabilize the balance sheet and restore financing capabilities. In the current market, STRC is trading at approximately $87.79, Strategy's stock price fell 3.4% to $97.34, while Bitcoin is trading around $61,800.Cantor believes that STRC is the foundational tool of Strategy's financing system, and its repair will drive benefits for both preferred and common shares, further enhancing the company's ability to continue accumulating Bitcoin. Currently, Strategy has raised approximately $216 million through Bitcoin sales to fund preferred stock dividends and is expected to continue increasing its cash reserves to support dividend stability. (CoinDesk)
Curacao Gaming Authority Releases New Crypto Gambling Compliance Regulations, Setting Mid-2027 Deadline
According to iGB, the Curacao Gaming Authority (CGA) has officially released its Cryptocurrency Policy Guidelines for B2C online gambling licensees, requiring all group entities involved in cryptocurrency transactions to comply with global Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks, with a phased implementation deadline extended to mid-2027. Key requirements include: licensees may only accept cryptocurrencies for gambling purposes and must not act as exchanges, custodians, or Virtual Asset Service Providers (VASPs); mandatory deployment of blockchain analytics capabilities for wallet risk scoring and transaction monitoring; preference for fiat-backed stablecoins, while privacy coins, meme coins, and wrapped tokens with unclear provenance must be assessed or excluded; player, operational, and treasury wallets must be strictly segregated, with personal or UBO-associated wallets prohibited; funds linked to mixers, tumblers, or sanctioned addresses are strictly prohibited. Regarding the compliance timeline, operators must submit their cryptocurrency compliance policy to the CGA within three months, complete risk assessments and staff training within six months, and achieve full compliance—including wallet segregation, on-chain analytics deployment, and audit log maintenance—within 12 months (i.e., by June 2027). The CGA also reserves the right to require accelerated compliance in the event of material risk.
Federal Reserve's Hawkish Dot Plot Shocks Market: Gold Sees V-Shaped Rebound, Bitcoin's Key Range Settles at $64,000-$65,000
CryptoQuant analyst Axel Adler stated that Bitcoin weakened rapidly after the Federal Reserve held interest rates steady at 3.50%-3.75% and released a relatively hawkish dot plot, falling below the $64,000 mark and dropping about 4% from its intraday high.This meeting marked the Fed's fourth consecutive pause, but the latest dot plot indicates a significant shift towards a hawkish policy path: several officials now expect the possibility of further rate hikes this year, further diminishing the market's pricing of "rate cut expectations." Analysts believe this change has a greater impact than the rate decision itself, directly suppressing risk asset valuations.Market data shows that Bitcoin initially surged to around $66,400 following the announcement, before quickly reversing downward amid heavy selling pressure, hitting a low of approximately $63,870. Trading volume notably expanded, indicating active selling-driven declines. The price is currently consolidating near the lower end of the $63,600–$64,000 range, with no significant inbound capital from bargain hunting.In stark contrast is gold's performance. Spot gold rapidly recovered after briefly dipping to around $4,220, climbing back above the $4,300 level to trade near $4,321, demonstrating strong defensive attributes and capital absorption capacity. Even against a backdrop of easing geopolitical risks, safe-haven demand remains resilient.Market participants pointed out that the core divergence in this round of reaction lies in the repricing of asset attributes: gold completed a swift recovery under the same macroeconomic shock, while Bitcoin failed to reclaim the key level of $64,000, highlighting the higher sensitivity of risk assets to "higher-for-longer interest rates."Overall, the market is transitioning from a phase of "loose expectations supporting risk assets" to one of "hawkish path suppressing valuations," with short-term risk appetite clearly cooling. The key observation point is whether Bitcoin can re-enter the $64,000–$65,000 range with volume confirming stability; otherwise, a weak consolidation structure may persist.
Prominent Trader: Circle, Coinbase, and ETH Are Core Targets for Reshaping the Financial System, Current Key Allocation Direction
Trader Doctor Profit stated that his current key positioning is the "Galactic Three", namely Circle, Coinbase, and ETH, believing that the three correspond to compliant stablecoin issuance, crypto asset custody and trading, and tokenization and smart contract infrastructure respectively, and are core targets in the reshaping of the financial system in this new cycle.
BIT: Bitcoin Shows Resilience at Cycle Bottom Under Dual Negative Pressure, $70,000 Becomes Key Confirmation Level
According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.
Malaysia H1 2026 Intensive Legislation, AI, Crypto, and Digital Platform Regulation Comprehensively Upgraded
According to e27, in the first seven months of 2026, Malaysia intensively introduced six major technology-related laws, covering full-stack regulation of AI, cryptocurrency, and digital platforms. Key developments include: The "Online Safety Act" (ONSA) took effect on January 1, implementing mandatory licensing for platforms with more than 8 million Malaysian users; The "Cybercrime Bill" was passed on July 1, classifying deepfakes and AI-generated intimate images as criminal offenses, with a maximum penalty of seven years imprisonment and a fine of 500,000 ringgit; The "Competition Act Amendment" brings digital platforms within the scope of anti-monopoly regulation; The "AI Governance Act" is open for public consultation, proposing to include AI training data and output content under intellectual property protection, a first for ASEAN; The Securities Commission's Digital Asset Guidelines tightened compliance requirements for DAX operators on May 20, with six licensed exchanges currently; The "Consumer Credit Act" formally brought BNPL service providers under regulation starting March 1.
UK Tokenized Government Bond Plan Advances, On-Chain Cash Settlement Becomes Key Bottleneck
According to CoinDesk, the UK government plans to complete the first tokenized sovereign bond issuance tests through HSBC and the London Stock Exchange Group (LSEG) in early 2027, but industry experts point out that on-chain cash settlement issues remain the core obstacle hindering the implementation of the plan. Varun Paul, Global Head of Central Banks and Market Infrastructure at Fireblocks, stated that the project has secured sufficient institutional support, and a change in government (UK Prime Minister changing from Keir Starmer to Andy Burnham) is unlikely to reverse it, and tokenized government bonds are expected to boost market demand given the UK's current debt scale of nearly 3 trillion pounds (approximately 4 trillion USD). Jannah Patchay, Founder of Markets Evolution, pointed out that tokenized bond technology has been validated for nearly seven years since Santander Bank issued the first tokenized sterling corporate bond in 2019, but the absence of on-chain counterparty risk-free settlement assets has remained unresolved. She called on regulators to promote the use of compliant sterling stablecoins to provide an on-chain settlement mechanism. Currently, the global stablecoin market size reaches $300 billion, but TGBP, the largest pound stablecoin by market capitalization, is only worth about $34.2 million, accounting for a negligible proportion.
Zignaly Co-Founder: Zignaly’s Trading Volume Exceeds $10 Billion, Key to RWA Tokenization Is Not Minting Tokens
: Abdul Rafay Gadit, co-founder of Zignaly and Layer 1 network Zigchain, stated that traditional wealth management relies on slow, expensive, and isolated settlement layers. Asset liquidation or investor verification can take days and requires repetitive manual compliance checks. He pointed out that a dedicated Layer 1 blockchain can embed eligibility requirements, geographical restrictions, and transfer rules directly into the asset, allowing execution, ownership, settlement, and reconciliation to exist in the same verifiable state. Zignaly has now expanded to over 500,000 users, with trading volume exceeding $10 billion. Abdul Rafay Gadit stated that the key to RWA tokenization is not minting tokens, but rather the underlying structures such as legal ownership, custody, valuation, redemption, and qualified holders.
White House Chief Crypto Advisor Patrick Witt to Take Military Leave at End of This Month, Potentially Impacting Key CLARITY Act Negotiation Process
According to Crypto in America, White House Chief Crypto Advisor Patrick Witt will depart for the Georgia Army National Guard to participate in JAG (Judge Advocate General) training starting July 27, and is expected to conclude his work at the White House by next Friday. The timing of this departure is sensitive, coinciding with Senate Republicans accelerating the crypto market structure legislation, the CLARITY Act, striving to complete legislation before Congress's August recess; otherwise, this session of Congress may miss the window for passage. Witt had previously postponed the training originally scheduled to start in April to continue leading the CLARITY Act negotiations, including coordinating core controversies such as stablecoin yields, ethics clauses, and law enforcement agency concerns, but a second postponement is no longer possible. During his absence, Deputy Director Harry Jung will take over related responsibilities. Witt previously also led important policy issues such as the implementation of the strategic Bitcoin reserve and the enactment of the GENIUS Act; whether he will return after the training ends remains unclear.
Prominent Trader: Circle, Coinbase, and ETH Are Core Targets for Reshaping the Financial System, Current Key Allocation Direction
Trader Doctor Profit stated that his current key positioning is the "Galactic Three", namely Circle, Coinbase, and ETH, believing that the three correspond to compliant stablecoin issuance, crypto asset custody and trading, and tokenization and smart contract infrastructure respectively, and are core targets in the reshaping of the financial system in this new cycle.
Analyst: Bitcoin Hits Over One-Month High, $68,000 Becomes Key Resistance Level
According to The Block, Bitcoin rose above $65,800 on July 22, hitting a new high in over a month, with a monthly gain of approximately 2%. Spot Bitcoin ETFs recorded net inflows for the sixth consecutive day, with single-day net inflows of $203 million on Tuesday. Spot Ethereum ETFs recorded net inflows of $37.5 million on the same day, marking three consecutive days of positive inflows. Analysts have identified the next key resistance level near $68,000 — this price level represents the convergence zone of the short-term holder cost basis and the Q2 opening price, where a large number of trapped buyers will break even, and the first touch is expected to trigger massive selling pressure.
Analyst: Bitcoin NUPL 100-Day Moving Average Approaching Zero Axis, May Become Key Indicator for Determining Bottom of Current Cycle
According to analyst thechessONCHAIN on CryptoQuant, Bitcoin NUPL (Net Unrealized Profit/Loss) is currently at 0.158, its 100-day Exponential Moving Average is 0.215, and the 30-day Exponential Moving Average is 0.155. On June 2, the 30-day moving average crossed below the 100-day moving average, indicating weakening market momentum, but both are currently still above the zero line.
Analysts: Bitcoin at Key Technical Indicator Level, Could Drop Further 30%
Miller Tabak strategist Matt Maley and 22V Research technical strategist John Roque believe Bitcoin is at a key technical indicator level.Matt Maley stated that if Bitcoin declines further from its current level of around $60,000, it could amplify negative investor sentiment. Although Wall Street firms continue to invest in digital assets, retail investors, who have historically been the main force driving cryptocurrency rallies, have shifted their focus to high-growth AI and tech stocks. Recent significant outflows from Bitcoin ETFs indicate waning investor enthusiasm. Cryptocurrencies are also showing signs of decoupling from the stock market.John Roque noted that Bitcoin is retesting its first downside target of $60,000. If it breaks below this level, it implies a potential drop to $400,000. Matt Maley added that Congress might pass a crypto structure bill with clearer rules, which would reduce uncertainty and encourage institutional participation in the long run. Furthermore, Bitcoin ETFs experienced their largest monthly outflow since 2024 recently. (CNBC)
Analyst: Bitcoin May Enter Bottom Zone, 200-Week MA Becomes Key Macro Divergence Level
Analyst Ai pointed out that over the past decade, Bitcoin's 200-week simple moving average (200-week SMA) has been regarded as a core indicator for judging "cycle bottoms." Historically, every time the price touched or fell below this moving average, it was accompanied by a long-term macro accumulation window, followed by a strong upward cycle. Reviewing historical performance:August 2015: Touched the 200-week MA and then started a bull run, with cumulative gains exceeding 8,500%December 2018: Bounced approximately 267% after testing this moving averageMarch 2020: Confirmed support after bottoming out due to the pandemic liquidity shock, followed by a rise of 1,125%June 2022: Fell below for the first time and remained below the moving average for a long period until reclaiming it in December, which triggered a rally of approximately 680%In the current market, the 200-week MA is located around $63,500, while Bitcoin's current price is trading below $60,000. Analysts believe this has already entered a typical long-term value accumulation zone.At the same time, analysts also caution that potential downside risks remain. In the short term, a pullback to $54,000 is possible, and in extreme cases, testing the $40,000 range cannot be ruled out. However, overall, adopting a Dollar-Cost Averaging (DCA) strategy for gradual position building is more suitable.Regarding key observation points, the $63,500 level is seen as the "bull-bear dividing line." If Bitcoin can firmly reclaim and confirm the 200-week MA as macro support on a higher time frame, historical patterns suggest it could signal that the early stages of a new bull cycle have already begun.
Analyst: Bitcoin May Be Forming a Bottom; the 200-Week SMA Once Again Becomes a Key Observation Level
Analyst Ali Charts believes that Bitcoin is currently in a historically significant long-term accumulation zone. He points out that the 200-week simple moving average has historically served as a key demarcation line between Bitcoin’s bull and bear cycles; regaining and holding above this level could signal the early stage of a new bull market.
Anthropic AI Model Weakens HAWK Minimum Key Strength in 60 Hours
: Anthropic's Claude Mythos Preview model discovered a flaw in the proposed HAWK digital signature scheme, effectively halving its minimum key strength. HAWK is one of the candidate schemes to replace current network and bank signatures in a post-quantum environment. This AI-driven attack took approximately 60 hours, with a computational cost of around $100,000, reducing the effort required to break HAWK's minimum parameter set from roughly 2^64 operations to 2^38 operations, and diminishing the attractiveness of larger compensating key sizes. Current Bitcoin and Ethereum signatures remain unaffected. The results indicate that the capabilities of classical cryptanalysis attacks are improving, while Bitcoin and other networks continue to discuss when and how to migrate to quantum-resistant cryptography.
Taiko: Attack Resulted from Off-Chain Signature Key Leak and Verification Process Gap
Odaily News: Ethereum Layer 2 network Taiko released a post-mortem of the June 21 security incident, stating that the attack resulted from an off-chain signature key leak and a verification process gap. The attacker exploited these to forge proofs and bypass the Prover whitelist, rather than breaking ZK cryptography or smart contracts. The attacker stole approximately $1.75 million from cross-chain bridges and Vaults, but over $11 million in assets were protected, and no user funds were lost. Taiko has fixed the vulnerability, restored the pre-attack state, and resumed operation on July 2; an OpenZeppelin audit confirmed the fixes with no high, medium, or low-risk vulnerabilities identified. The official statement also indicated that the Unzen upgrade, scheduled for August 6, will require ZK proofs for every block to further enhance network security.
Claude Code exposed to high-severity security risk: Malicious configuration files could silently execute commands
Cos, founder of SlowMist, shared a tweet on X platform regarding potential poisoning attack risks in Claude Code and published a detailed analysis of poisoning attacks targeting Grok Build CLI and Claude Code CLI. The analysis pointed out that the security mechanisms of Grok Build CLI are not unified, with different code paths having different trust assumptions, and the gaps between them serve as channels for attackers.Attackers may exploit malicious project configuration files to execute arbitrary commands without the user's knowledge, thereby stealing API keys, cloud credentials, or gaining control over local devices. Researchers constructed a test environment and found that on Mac systems, if Claude Code is compromised, executing a specific test command could trigger the launch of a local calculator, demonstrating a potential command execution risk. If the attack succeeds, attackers could further steal API keys from AI services such as Claude and OpenAI, causing account cost losses; obtain credentials for cloud services like AWS, Alibaba Cloud, and Tencent Cloud to access servers and data; tamper with code repositories to implant backdoors; and leverage local devices as a springboard to attack internal enterprise networks. It is reported that the relevant vulnerability has existed for one year.
Claude Code Has Potential Poisoning Attack Risk: Malicious Configuration Files Could Enable Silent Code Execution
SlowMist founder Cosine retweeted a post about the potential poisoning attack risks of Claude Code, pointing out that attackers could execute arbitrary commands without the user's knowledge through malicious project configuration files, thereby stealing API keys, cloud credentials, or controlling local devices. Researchers constructed a test environment and found that in Mac systems, if Claude Code is affected, executing specific test commands can trigger the local calculator to launch, proving the existence of potential command execution risks. If the attack succeeds, attackers may further steal API Keys for AI services such as Claude and OpenAI, causing account fee losses; obtain cloud service credentials for AWS, Alibaba Cloud, Tencent Cloud, etc., to access servers and data; tamper with code repositories to implant backdoors; and use local devices as a springboard to attack enterprise internal networks.
CoinEx Emerges as Key Hub for Iran Sanctions Evasion, Involving Over $3.8 Billion in Funds
According to The Wall Street Journal, blockchain public-chain data analysis shows that Iranian entities have conducted over $3.84 billion in transactions via the cryptocurrency exchange CoinEx to circumvent U.S. economic sanctions. Investigators traced funds linked to two digital wallets controlled by the Central Bank of Iran and found connections to the $1.5 billion stolen by North Korean hackers from the Bybit exchange. After flowing through complex, multi-layered transaction paths, these funds ultimately entered CoinEx—making it one of the central channels through which Iran uses cryptocurrencies to bypass sanctions.
Slow Mist's Cosine Questions BNB Chain LABUBU "Hack" Incident: Suspicious Abnormal Modification of Key Parameters
Odaily news, Slow Mist founder Cosine published an analysis stating that the approximately $1.1 million loss incident in the OLPC / LABUBU liquidity pool on BNB Chain is suspicious. The loss occurred due to a severe imbalance in the OLPC/LABUBU trading pair, caused by a "vulnerability" in OLPC being exploited. Under certain conditions in _update, it is possible to burn OLPC tokens amounting to value * decimalsValue. Normally, decimalsValue is 1, but approximately 46 days before the attack, it was changed by the owner to an extremely large value of 7,326,680,472,586,200,649. A few days later, the OLPC owner renounced ownership, setting it to the zero address.Today, the attacker exploited this extremely large decimalsValue to trigger the Pair reserve burn, allowing a small amount of OLPC to extract a large amount of LABUBU. The attacker ultimately swapped 1.115 million USDT at a low cost. The suspicious point lies in the setting of decimalsValue—why did the OLPC owner set such an abnormally large value?
BIT: Bitcoin Shows Resilience at Cycle Bottom Under Dual Negative Pressure, $70,000 Becomes Key Confirmation Level
According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.
Malaysia H1 2026 Intensive Legislation, AI, Crypto, and Digital Platform Regulation Comprehensively Upgraded
According to e27, in the first seven months of 2026, Malaysia intensively introduced six major technology-related laws, covering full-stack regulation of AI, cryptocurrency, and digital platforms. Key developments include: The "Online Safety Act" (ONSA) took effect on January 1, implementing mandatory licensing for platforms with more than 8 million Malaysian users; The "Cybercrime Bill" was passed on July 1, classifying deepfakes and AI-generated intimate images as criminal offenses, with a maximum penalty of seven years imprisonment and a fine of 500,000 ringgit; The "Competition Act Amendment" brings digital platforms within the scope of anti-monopoly regulation; The "AI Governance Act" is open for public consultation, proposing to include AI training data and output content under intellectual property protection, a first for ASEAN; The Securities Commission's Digital Asset Guidelines tightened compliance requirements for DAX operators on May 20, with six licensed exchanges currently; The "Consumer Credit Act" formally brought BNPL service providers under regulation starting March 1.
MEXC and CoinGecko Release Report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," MEXC TradFi Monthly Trading Volume Surges Approximately 59x
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Taiko: Attack Resulted from Off-Chain Signature Key Leak and Verification Process Gap
Odaily News: Ethereum Layer 2 network Taiko released a post-mortem of the June 21 security incident, stating that the attack resulted from an off-chain signature key leak and a verification process gap. The attacker exploited these to forge proofs and bypass the Prover whitelist, rather than breaking ZK cryptography or smart contracts. The attacker stole approximately $1.75 million from cross-chain bridges and Vaults, but over $11 million in assets were protected, and no user funds were lost. Taiko has fixed the vulnerability, restored the pre-attack state, and resumed operation on July 2; an OpenZeppelin audit confirmed the fixes with no high, medium, or low-risk vulnerabilities identified. The official statement also indicated that the Unzen upgrade, scheduled for August 6, will require ZK proofs for every block to further enhance network security.
UK Tokenized Government Bond Plan Advances, On-Chain Cash Settlement Becomes Key Bottleneck
According to CoinDesk, the UK government plans to complete the first tokenized sovereign bond issuance tests through HSBC and the London Stock Exchange Group (LSEG) in early 2027, but industry experts point out that on-chain cash settlement issues remain the core obstacle hindering the implementation of the plan. Varun Paul, Global Head of Central Banks and Market Infrastructure at Fireblocks, stated that the project has secured sufficient institutional support, and a change in government (UK Prime Minister changing from Keir Starmer to Andy Burnham) is unlikely to reverse it, and tokenized government bonds are expected to boost market demand given the UK's current debt scale of nearly 3 trillion pounds (approximately 4 trillion USD). Jannah Patchay, Founder of Markets Evolution, pointed out that tokenized bond technology has been validated for nearly seven years since Santander Bank issued the first tokenized sterling corporate bond in 2019, but the absence of on-chain counterparty risk-free settlement assets has remained unresolved. She called on regulators to promote the use of compliant sterling stablecoins to provide an on-chain settlement mechanism. Currently, the global stablecoin market size reaches $300 billion, but TGBP, the largest pound stablecoin by market capitalization, is only worth about $34.2 million, accounting for a negligible proportion.
Franklin Templeton Digital Assets Head Says AI Agents Are Next Key Use Case for Blockchain
: Sandy Kaul, Head of Digital Assets and Innovation at investment management firm Franklin Templeton, stated that the AI agent economy will increase demand for blockchain protocols to facilitate machine-to-machine micropayments. Traditional bank card networks are unsuitable for agent-based payments due to fees and settlement times. Sandy Kaul pointed out that blockchain networks like Aptos, Solana, and BNB Chain are more suitable for the agent economy, with transactions settling in seconds, faster than the 1 to 3 business day settlement time of the Visa network. In a joint report, payment company Visa and investment validation platform Artemis stated that traditional bank cards designed for low-frequency human commercial activities are insufficient to support AI agents, which require near-zero fees and faster settlement. Since its launch in May 2025, the x402 payment protocol developed by Coinbase has seen an adjusted transaction volume of $15 million and over 109 million adjusted transactions.
Related news
Prominent Trader: Circle, Coinbase, and ETH Are Core Targets for Reshaping the Financial System, Current Key Allocation Direction
Trader Doctor Profit stated that his current key positioning is the "Galactic Three", namely Circle, Coinbase, and ETH, believing that the three correspond to compliant stablecoin issuance, crypto asset custody and trading, and tokenization and smart contract infrastructure respectively, and are core targets in the reshaping of the financial system in this new cycle.
BIT: Bitcoin Shows Resilience at Cycle Bottom Under Dual Negative Pressure, $70,000 Becomes Key Confirmation Level
According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.
Malaysia H1 2026 Intensive Legislation, AI, Crypto, and Digital Platform Regulation Comprehensively Upgraded
According to e27, in the first seven months of 2026, Malaysia intensively introduced six major technology-related laws, covering full-stack regulation of AI, cryptocurrency, and digital platforms. Key developments include: The "Online Safety Act" (ONSA) took effect on January 1, implementing mandatory licensing for platforms with more than 8 million Malaysian users; The "Cybercrime Bill" was passed on July 1, classifying deepfakes and AI-generated intimate images as criminal offenses, with a maximum penalty of seven years imprisonment and a fine of 500,000 ringgit; The "Competition Act Amendment" brings digital platforms within the scope of anti-monopoly regulation; The "AI Governance Act" is open for public consultation, proposing to include AI training data and output content under intellectual property protection, a first for ASEAN; The Securities Commission's Digital Asset Guidelines tightened compliance requirements for DAX operators on May 20, with six licensed exchanges currently; The "Consumer Credit Act" formally brought BNPL service providers under regulation starting March 1.
MEXC and CoinGecko Release Report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," MEXC TradFi Monthly Trading Volume Surges Approximately 59x
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Anthropic AI Model Weakens HAWK Minimum Key Strength in 60 Hours
: Anthropic's Claude Mythos Preview model discovered a flaw in the proposed HAWK digital signature scheme, effectively halving its minimum key strength. HAWK is one of the candidate schemes to replace current network and bank signatures in a post-quantum environment. This AI-driven attack took approximately 60 hours, with a computational cost of around $100,000, reducing the effort required to break HAWK's minimum parameter set from roughly 2^64 operations to 2^38 operations, and diminishing the attractiveness of larger compensating key sizes. Current Bitcoin and Ethereum signatures remain unaffected. The results indicate that the capabilities of classical cryptanalysis attacks are improving, while Bitcoin and other networks continue to discuss when and how to migrate to quantum-resistant cryptography.
Federal Reserve Holds Interest Rate Steady at 3.50% to 3.75%, Cites Robust Economic Expansion
Paradis Labs posted on X platform, stating that the Federal Reserve has decided to maintain interest rates at 3.50% to 3.75%. Key takeaways include: Inflation remains elevated due to rising prices in certain sectors such as energy; economic activity continues to expand at a solid pace amid heightened uncertainty stemming from factors including the Middle East conflict; productivity growth and capital investment are strong; employment growth remains in line with labor force growth, with the unemployment rate showing little change.