Threshold Network is a tool to enable users to keep their information and digital assets private when using a public blockchain. NuCypher and Keep, two networks in the same space, have launched the first-ever on-chain merger of two decentralized networks with the shared goal of safeguarding users' sovereignty on public blockchain networks using Threshold cryptography. Keep networks' infrastructure and NuCypher's privacy capabilities will ensure users can keep their digital assets secure and private.
: South Korea's crypto industry has expressed strong concerns over proposed amendments to anti-money laundering (AML) regulations, arguing that the rules could impose excessive compliance burdens on Virtual Asset Service Providers (VASPs).According to Yonhap News Agency, the Digital Asset eXchange Alliance (DAXA), representing 27 VASPs including Upbit, Bithumb, Coinone, Korbit, and Gopax, submitted comments opposing the classification of all overseas virtual asset transfers exceeding 10 million won (approximately $6,800) as suspicious transaction reports.DAXA warned that this rule could cause the number of suspicious transaction reports from South Korea's top five exchanges to skyrocket from approximately 63,000 last year to over 5.4 million—an increase of about 85 times—severely impacting the efficiency of actual compliance execution. Furthermore, the industry also opposes a new obligation requiring exchanges to verify the accuracy of customer information, arguing it exceeds the scope of current legal authorization.South Korea's Financial Services Commission (FSC) and Financial Intelligence Unit (FIU) proposed the relevant amendments on March 30, which have now entered a public comment period, with final deliberation expected to be completed in July.Meanwhile, legal disputes between Korean exchanges and regulators over AML penalties continue. Multiple platforms are challenging previous business restrictions and fines through the courts, reflecting an escalating tension between regulatory tightening and the industry's execution capabilities. (Cointelegraph)
TechFlow News, April 22: According to CoinDesk, Kraken stated that it has filed 56 million cryptocurrency transaction tax forms with the U.S. Internal Revenue Service (IRS) for the 2025 tax year. Of these, approximately 18.5 million forms report transactions under $1, 74% report amounts under $50, and only 8.5% exceed $600. Kraken noted that the absence of a de minimis exemption threshold for cryptocurrency payments—and the current treatment of staking rewards as ordinary income upon receipt—are imposing a significant reporting burden on investors. Kraken is urging the U.S. Congress to enact broader, inflation-indexed de minimis exemption rules and to allow taxpayers to elect whether staking rewards are taxed upon receipt or upon sale.
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly proposed scaling back hedge fund reporting requirements—specifically, eliminating reporting obligations for smaller advisers and raising the Form PF reporting threshold for private fund managers’ assets under management from $150 million to $1 billion. The two regulatory agencies stated that data collected via Form PF would be used confidentially for examinations and investigations of private fund advisers.
It is reported that Phase 6 of the Bybit Dual Investment Bi-weekly Challenge, featuring new reward mechanisms, will launch at 6 PM on July 27, and the event will last for two weeks. After registering for the event, users can trade Bybit Wealth Dual Investment products to compete for the Dual Investment trading leaderboard and win exciting rewards. Participants whose trading volume breaks the "Whale Threshold" can trigger "Critical Hit Rewards," with up to 2,500 USDT available. The top 10 exceeding the critical hit threshold can receive an 80 USDT surprise bonus for every 1M USDT. The top 100 can share 12,000 USDT, and new users also enjoy exclusive rewards worth 100 USDT in Dual Investment trial funds.
It is reported that the Bybit Dual Investment Two-Week Challenge went live at 8 PM on July 7, and the event will last for two weeks. After registering and participating, users who trade Bybit Wealth Dual Investment products can compete for the Dual Investment trading leaderboard to win desired rewards. The top 100 users who meet the base trading volume threshold can share 12,540 USDT. Exceeding the "Whale Threshold" trading volume can trigger higher "Critical Hit Rewards," up to 2,500 USDT, and the base reward for the first place will be doubled. New users additionally enjoy an exclusive reward of 100 USDT in Dual Investment trial funds.
According to BIT on Target’s weekly report, the Bitcoin bear market phase may be nearing its end, with multiple time-frame signals gradually converging. The weekly stochastic oscillator has declined to its lowest level since January 2023—a reading that historically corresponds to market bottom zones. Meanwhile, the trend model has also turned bullish, and the current price action exhibits stronger continuity conditions compared to the previous two signal reversals. On the price front, Bitcoin is currently consolidating near $70,000, gradually approaching its 21-week moving average—the critical bull-bear demarcation line. The report notes that $73,000 has served as a key inflection point since March 2024; a decisive breakout and sustained hold above this level would further confirm the reversal signal. On-chain capital inflow data shows a recent monthly inflow of approximately $1 billion—marking a clear improvement over prior periods of deep net outflows. The report also cautions that, before prices enter the target zone, the upward momentum may still be disrupted by short-term risk factors.
It is reported that Phase 6 of the Bybit Dual Investment Bi-weekly Challenge, featuring new reward mechanisms, will launch at 6 PM on July 27, and the event will last for two weeks. After registering for the event, users can trade Bybit Wealth Dual Investment products to compete for the Dual Investment trading leaderboard and win exciting rewards. Participants whose trading volume breaks the "Whale Threshold" can trigger "Critical Hit Rewards," with up to 2,500 USDT available. The top 10 exceeding the critical hit threshold can receive an 80 USDT surprise bonus for every 1M USDT. The top 100 can share 12,000 USDT, and new users also enjoy exclusive rewards worth 100 USDT in Dual Investment trial funds.
The Galaxy Head of Research stated in a post on X that, based on the current growth rate, even if the recent acceleration continues, the BIP-110 signaling will still be more than 51 percentage points below the mandatory 55% threshold by the activation block.
: Binance has announced adjustments to its VIP Program. Effective from July 21, 2026, at 04:00 AM EST, the wallet asset requirement for VIP 3 will be reduced from $3 million to $1 million. Eligible users will gain access to benefits such as preferential fee rates, increased account limits, market information, and event invitations. Concurrently, Binance is modifying how OTC spot trading volume is counted towards VIP eligibility. Under the new rules, OTC spot trading volume will be multiplied by a factor of 4 and added to the total spot trading volume. For example, Binance states that $1 million in OTC spot volume will be counted as $4 million towards the applicable threshold. Previously, OTC-related eligibility was capped at VIP 4. Binance stated that by incorporating this broader spot volume metric, users who meet the BNB balance and other requirements can now advance up to VIP 9 within the full VIP framework. VIP trading fee rates will remain unchanged, and the system will automatically handle tier upgrades on a daily basis.
It is reported that the Bybit Dual Investment Two-Week Challenge went live at 8 PM on July 7, and the event will last for two weeks. After registering and participating, users who trade Bybit Wealth Dual Investment products can compete for the Dual Investment trading leaderboard to win desired rewards. The top 100 users who meet the base trading volume threshold can share 12,540 USDT. Exceeding the "Whale Threshold" trading volume can trigger higher "Critical Hit Rewards," up to 2,500 USDT, and the base reward for the first place will be doubled. New users additionally enjoy an exclusive reward of 100 USDT in Dual Investment trial funds.
Polkadot OpenGov is currently voting on a major staking architecture overhaul. Referendum #1890 proposes that Polkadot validators must self-stake a minimum of 10,000 DOT using their own funds. This reform is viewed as a mandatory prerequisite for the next major staking upgrade, which includes eliminating slashing risk for nominators and reducing the unbonding period from approximately 28 days to roughly 24–48 hours. Under the proposal’s logic, validators will directly bear slashing risk via higher self-staking, while nominators can continue earning staking rewards without risking principal slashing.
Bedrock (BR) is now listed on Binance Alpha. Users holding at least 241 Binance Alpha points can claim an airdrop of 225 BR tokens on a first-come, first-served basis.If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. It is important to note that claiming the airdrop will consume 15 Binance Alpha points, and users must confirm their claim on the Alpha activity page within 24 hours, or the airdrop will be forfeited.
It is reported that Phase 6 of the Bybit Dual Investment Bi-weekly Challenge, featuring new reward mechanisms, will launch at 6 PM on July 27, and the event will last for two weeks. After registering for the event, users can trade Bybit Wealth Dual Investment products to compete for the Dual Investment trading leaderboard and win exciting rewards. Participants whose trading volume breaks the "Whale Threshold" can trigger "Critical Hit Rewards," with up to 2,500 USDT available. The top 10 exceeding the critical hit threshold can receive an 80 USDT surprise bonus for every 1M USDT. The top 100 can share 12,000 USDT, and new users also enjoy exclusive rewards worth 100 USDT in Dual Investment trial funds.
The Galaxy Head of Research stated in a post on X that, based on the current growth rate, even if the recent acceleration continues, the BIP-110 signaling will still be more than 51 percentage points below the mandatory 55% threshold by the activation block.
Odaily Odaily News The Korean Financial Services Commission (FSC) has announced that it will advance the implementation of strengthened base deposit requirements for single-stock leveraged ETFs and ETNs to the end of July. Starting July 31, individual investors wishing to newly purchase or add to existing positions in single-stock leveraged ETFs/ETNs must hold at least 30 million KRW in cash as a base deposit in their accounts. This measure applies to single-stock leveraged ETFs and ETNs listed both domestically and overseas. Financial authorities stated that the decision to accelerate investor protection measures was made due to the rapid growth in market capitalization and trading volume of these products since their launch on May 27, and the increased volatility in the stock prices of major memory chip companies.Data shows that the total market capitalization of the 16 single-stock leveraged products currently on the market has grown from 4.4 trillion KRW on May 27 to 11.9 trillion KRW on July 15, and their trading volume has also risen from 10.4 trillion KRW to 13 trillion KRW. Under previous regulations, individual investors purchasing single-stock leveraged products were required to meet a base deposit requirement of 10 million KRW, which could be fulfilled using converted assets such as stocks, ETFs, and bonds. After the new regulations take effect, the base deposit standard is raised to 30 million KRW, and only cash assets will be accepted, with securities-type assets no longer eligible for conversion.Furthermore, proceeds from securities sales will only be counted towards the base deposit after settlement is completed on T+2 and funds are actually credited. Loan amounts secured by using sold funds as collateral will also not be included in the deposit scope. The FSC stated that this aims to curb investors' high-frequency circular trading behavior of selling positions and immediately repurchasing leveraged products on the same day.For existing investors adding to their positions, the 30 million KRW cash deposit standard also applies, but sell operations are not subject to the deposit limit.Previously, on July 16, Korean financial authorities had suspended the new listing of single-stock leveraged ETFs/ETNs and restricted related advertising. Going forward, they also plan to strengthen the product premium rate management mechanism, shorten the designation process for investment warning items, and promote adjustments to trading units.The FSC stated that it will continue to monitor the market trends of related products. If the market overheating phenomenon is not alleviated, it will consider taking further supplementary measures. (Chosun)
: Binance has announced adjustments to its VIP Program. Effective from July 21, 2026, at 04:00 AM EST, the wallet asset requirement for VIP 3 will be reduced from $3 million to $1 million. Eligible users will gain access to benefits such as preferential fee rates, increased account limits, market information, and event invitations. Concurrently, Binance is modifying how OTC spot trading volume is counted towards VIP eligibility. Under the new rules, OTC spot trading volume will be multiplied by a factor of 4 and added to the total spot trading volume. For example, Binance states that $1 million in OTC spot volume will be counted as $4 million towards the applicable threshold. Previously, OTC-related eligibility was capped at VIP 4. Binance stated that by incorporating this broader spot volume metric, users who meet the BNB balance and other requirements can now advance up to VIP 9 within the full VIP framework. VIP trading fee rates will remain unchanged, and the system will automatically handle tier upgrades on a daily basis.
According to the official announcement, Binance Alpha has launched the second round of Irys (IRYS) airdrop rewards. Users holding at least 245 Alpha Points can claim 2,900 IRYS tokens on a first-come, first-served basis. If the airdrop pool is not fully distributed during the event period, the points threshold will automatically decrease by 5 points every 5 minutes. Users will consume 15 Alpha Points when claiming and must complete confirmation on the Alpha Events page within 24 hours; otherwise, they will be considered to have forfeited their claim eligibility.
It is reported that the Bybit Dual Investment Two-Week Challenge went live at 8 PM on July 7, and the event will last for two weeks. After registering and participating, users who trade Bybit Wealth Dual Investment products can compete for the Dual Investment trading leaderboard to win desired rewards. The top 100 users who meet the base trading volume threshold can share 12,540 USDT. Exceeding the "Whale Threshold" trading volume can trigger higher "Critical Hit Rewards," up to 2,500 USDT, and the base reward for the first place will be doubled. New users additionally enjoy an exclusive reward of 100 USDT in Dual Investment trial funds.