Blockonomi

Key Points
Unauthorized access to WEMIX$ stablecoin contract owner privileges occurred on July 26, enabling the minting of 5.23 million tokens.
Stolen tokens were exchanged for 30,736 WEMIX and 724,198 USDC.e, then transferred across Ethereum and BNB Smart Chain.
All WEMIX bridges, liquidity pools, PNIX exchange, and WEMIX$ Module operations were immediately suspended following the incident.
Multiple cryptocurrency exchanges have frozen addresses connected to the breach after receiving emergency requests from WEMIX.
This marks WEMIX’s second significant security incident since February 2025, when approximately $6 million was stolen from the network.
WEMIX, a blockchain gaming platform, disclosed on July 26 that unauthorized parties had successfully gained administrative control over its WEMIX$ stablecoin smart contract. The security incident was detected at around 9:17 UTC.
JUST IN: WEMIX suspends bridge services and wemix-token:native trading after an attacker exploited a linked smart contract, stealing approximately $724,000. The network has frozen affected funds and paused key services while the investigation continues. pic.twitter.com/2KUPwTgOd3
— EyeWhales (@EyeWhales) July 27, 2026
Exploiting this elevated access, the perpetrator created approximately 5.23 million WEMIX$ tokens through unauthorized minting operations. These illicitly generated tokens were subsequently exchanged for 30,736 WEMIX tokens and 724,198.27 USDC.e.
The stolen USDC.e was then transferred via bridge protocols to both Ethereum and BNB Smart Chain networks. Following the cross-chain transfers, portions of the funds were exchanged for Ether and Tether’s USDT, with the proceeds distributed among numerous wallet addresses.
A portion of the compromised assets eventually made its way to centralized cryptocurrency exchanges. WEMIX successfully traced the attacker’s wallet addresses and immediately reached out to both exchanges and stablecoin issuers with urgent freeze requests. The company has verified that multiple trading platforms have already locked the identified addresses.
However, WEMIX has not disclosed which specific exchanges took action or provided details on the exact amount of frozen or recovered funds.
Network-Wide Service Interruptions Implemented
Following the security incident, WEMIX immediately implemented emergency measures by shutting down all bridging infrastructure connected to the WEMIX3.0 ecosystem. This included suspending both Chainlink CCIP and the PLAY Bridge services.
All trading activity in impacted liquidity pools was frozen. WEMIX pulled foundation-backed liquidity from affected pools and disabled both the WEMIX$ Module and PNIX decentralized exchange platform while conducting a comprehensive audit of contract access permissions.
According to WEMIX’s statement, the investigation into how the owner-level privileges were compromised remains ongoing. The team cautioned that preliminary damage estimates may be adjusted as their cross-chain investigation progresses.
Market data from CoinGecko revealed that WEMIX$ plummeted to near its all-time low following news of the breach, experiencing a weekly price drop of approximately 98.9%. The collapse was triggered by the unauthorized token creation and subsequent rapid liquidation.
The timing of this breach is particularly unfortunate, as WEMIX had been actively transitioning away from WEMIX$ in favor of USDC.e throughout its gaming ecosystem and financial services. The company announced in March that WEMIX PLAY would migrate its primary currency from WEMIX$ to USDC.e, with the complete changeover planned for April.
Another Major Hack Within Two Years
This current security failure represents the second significant breach WEMIX has experienced in recent history. Back in February 2025, malicious actors successfully extracted roughly 8.6 million WEMIX tokens from the Play Bridge Vault, valued at approximately $6.04 million during the time of theft.
That previous incident generated substantial controversy due to WEMIX’s delayed disclosure, which came several days after the breach was initially discovered. In response, South Korea’s leading cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—took coordinated action to delist WEMIX tokens in June 2025.
This latest security incident occurred just as the project was nearing the eligibility window for seeking relisting on Korean domestic exchanges. WEMIX has not yet published a comprehensive post-mortem analysis, identified the origin of the credential compromise, or disclosed the final amount of unrecovered assets.
The post WEMIX Suffers Second Security Breach: $724K Stolen Through Unauthorized Token Minting appeared first on Blockonomi.

Key Takeaways
Triple-A, a Singapore-registered cryptocurrency payments provider, disclosed unauthorized treasury wallet access over the weekend
Total losses climbed to $11.8 million, exceeding early estimates of $9.3 million
Compromised wallets continued receiving and losing deposits more than 31 hours after initial detection
Customer assets remained secure due to separate custody arrangements in trust accounts
Authorities including Singapore Police Force and blockchain security experts are now involved in the investigation
A Singapore-based cryptocurrency payment processor, Triple-A, publicly acknowledged on Monday that its treasury wallets fell victim to a sophisticated attack over the weekend, resulting in the theft of $11.8 million worth of company-controlled digital currencies.
Triple-A Hit by $9.7M Hot Wallet Hack
Crypto payment gateway Triple-A (@TripleAHQ) has been drained of ~$9.7M in a multi-chain exploit, flagged by on-chain analyst Specter & PeckShield.
What we know:
Funds drained across TRON, Ethereum + more chains
Attacker swapped… pic.twitter.com/vrTYYeCT2O
— Crypto Patel (@CryptoPatel) July 25, 2026
The security incident first came to light Friday when blockchain security researcher Specter identified suspicious outflows totaling approximately $9.3 million. However, as the weekend progressed, the total damage escalated to $11.8 million with continuous unauthorized withdrawals from the compromised infrastructure.
According to Triple-A’s statement, the company became aware of the security breach on Saturday and temporarily suspended certain platform functions for approximately three hours to implement emergency security protocols and safeguard remaining assets.
Operations have been fully reinstated since the incident, with the company confirming that all payment processing capabilities are functioning as expected.
Customer Assets Remained Isolated and Protected
Triple-A emphasized that no client-owned assets were compromised during the security breach. The payment firm’s business model does not involve custody of customer digital assets. Rather, all client funds are maintained in segregated trust accounts managed by independent safeguarding entities.
This segregation framework aligns with Singapore’s Payment Services Regulations, which were updated in October 2024 to mandate that licensed cryptocurrency payment service providers maintain customer holdings in distinct blockchain addresses separate from operational funds.
Triple-A has not disclosed technical details regarding the attack vector or the total holdings in the affected treasury wallets. The $11.8 million loss figure originates from blockchain analysis conducted by Specter and cybersecurity firm PeckShield rather than official company statements.
Stolen Assets Distributed Across Seven Blockchain Networks
The attackers orchestrated the theft across seven different blockchain ecosystems, including Ethereum, TRON, Polygon, Arbitrum, Solana, The Open Network, and Bitcoin.
Stolen assets were consolidated into a single Ethereum wallet address. Analysis from PeckShield revealed this address accumulated more than 5,226 ETH—valued at approximately $9.73 million—through eight separate transactions executed between late Friday evening and early Saturday morning in UTC timezone.
Notably, Specter observed that the compromised wallets continued to receive new incoming deposits that were immediately redirected by the attackers, even 31 hours following the initial large-scale withdrawals.
Triple-A operates under a license issued by the Monetary Authority of Singapore and maintains payment service authorization in France via its European subsidiary, Paytop SAS. The firm also holds money services business registrations in both the United States and Canada.
The payment processor stated it has engaged cybersecurity consultants, blockchain forensics specialists, and the Singapore Police Force to investigate the breach, identify the perpetrators, and attempt asset recovery.
As of publication, Triple-A has not released the comprehensive update it committed to providing on Saturday. The company’s press section still displays a July 15 announcement regarding preliminary regulatory approval from Dubai’s Virtual Assets Regulatory Authority.
This incident represents one of three significant cryptocurrency exploits documented this week. AFX Trade suffered losses approximating $24.15 million through a vulnerability in its Arbitrum custody bridge. Meanwhile, the Verus-Ethereum bridge experienced a roughly $7.54 million breach on the same day—the project’s second major security failure since May.
The post Singapore’s Triple-A Reports $11.8M Cryptocurrency Treasury Breach appeared first on Blockonomi.

Key Takeaways
Prediction market operators have received their second regulatory warning in 2025 regarding inadequate contract certification practices.
Platforms including Kalshi, Coinbase, Polymarket, and Crypto.com fall under CFTC regulatory jurisdiction.
Companies are using generic template submissions rather than filing comprehensive individual contract details.
Questions remain about the CFTC’s authority as the primary prediction market regulator amid ongoing litigation.
Kraken’s Derivatives Exchange received approval to extend its inactive regulatory designation.
The Commodity Futures Trading Commission has doubled down on compliance expectations for prediction market operators, issuing its second advisory this year demanding more thorough contract certification submissions.
CFTC warns prediction market firms to stop submitting template-style event contracts without detailed terms. Regulator demands individualized certification with specific product analysis to ensure compliance.#PredictionMarkets #Crypto Regulation #CFTC pic.twitter.com/G92evKb65Y
— CryptoInBlock (@CryptoInBlock) July 26, 2026
In Friday’s announcement, the regulator highlighted that CFTC-overseen companies have been filing blanket template certifications for event contracts rather than submitting the necessary specifics for each distinct agreement.
Regulatory Expectations Clarified
According to the agency, platforms must include comprehensive terms and conditions for every proposed contract variant, accompanied by thorough explanations covering the product structure, underlying assets, and regulatory compliance justifications.
“Broad, template-style certifications should not be submitted,” the CFTC emphasized in its public statement.
The regulator’s primary worry is that insufficient documentation prevents effective oversight, making it difficult to verify whether operators have properly assessed settlement mechanisms, information sources, and adherence to regulations across different contract categories.
The agency acknowledged that similar contracts may be bundled within one submission provided they maintain substantially identical terms and include adequate supporting materials.
This guidance arrives just ahead of Monday’s public comment deadline concerning proposed modifications to the CFTC’s framework for evaluating whether specific event contracts serve the public interest.
Industry Platforms Under Scrutiny
Multiple prominent prediction market operators operate under CFTC supervision, including Kalshi, Coinbase, Polymarket, and Crypto.com.
The advisory targets all “designated contract markets” — the official designation for regulated exchanges — that have been streamlining the certification procedure inappropriately.
This marks the second instance the regulator has addressed this concern, following an initial warning issued March 12 of this year.
The explosive expansion of event contracts, particularly surrounding athletic events and electoral outcomes, has strained existing regulatory frameworks. As a developing sector, both operators and regulators continue refining operational standards.
Complicating matters further, the CFTC’s jurisdiction over prediction markets remains legally contested. Ongoing court proceedings may ultimately require Supreme Court intervention for final resolution.
Numerous state governments have challenged prediction market platforms, arguing their sports-related contracts constitute unlawful gambling under state statutes, directly contradicting the CFTC’s assertion of exclusive federal regulatory authority.
Chairman Mike Selig has prioritized protecting the agency’s jurisdictional claims, vigorously contesting legal challenges across both state and federal courts.
Friday also brought separate CFTC action granting Kraken’s Derivatives Exchange an extension of its inactive regulatory designation. The extension maintains Kraken’s compliance standing while management evaluates future operations following its Bitnomial acquisition completed earlier in 2025.
The post CFTC Doubles Down on Prediction Market Compliance with Fresh Warning appeared first on Blockonomi.

Key Highlights
PUMP token has climbed approximately 50% from its recent bottom, reaching the $0.0020 level
The project’s most significant token unlock event to date was successfully absorbed by market demand without causing a price collapse
A new “BOOST mode” feature was introduced, channeling trapped liquidity into buy-and-burn mechanics for newly launched tokens
Despite upward price movement, Open Interest has been falling, indicating spot market activity rather than leveraged speculation
Critical price resistance zone identified between $0.00210 and $0.00215, which bulls must overcome to validate a sustained reversal
The Pump.fun (PUMP) token has experienced a dramatic recovery, climbing nearly 50% from its recent bottom near $0.0013 to current levels around $0.0020. The upward momentum occurred despite market concerns surrounding the project’s largest token distribution event since inception.
Pump.fun (PUMP) Price
In mid-July, a substantial quantity of tokens became available for circulation: 32.5 billion PUMP from investor allocations (representing 25% of that pool) and 50 billion PUMP from team allocations (also 25% of that category). The balance of these locked tokens will be released gradually throughout a 36-month period. Historically, significant unlock events tend to create selling pressure. However, PUMP defied this pattern.
Market participants successfully absorbed the newly released tokens while simultaneously driving prices toward a significant long-term descending trendline resistance. This development has reframed the conversation from supply concerns to whether the current momentum can sustain itself.
Cryptocurrency analyst Ansem (@blknoiz06) weighed in on the platform X, highlighting that PUMP consistently generates $1 million in daily revenue even during sluggish on-chain market conditions. He described it as “one of the few stories in crypto where the issue is actually the narrative and sentiment instead of the actual fundamentals.” His analysis suggested that renewed activity on Solana could propel PUMP to new all-time highs, while noting that HYPE commands a 15x higher market valuation despite comparable two-year revenue figures.
$PUMP thesis + trade setup from stream last week
$1M a day with worst onchain conditions is notable, one of the few stories in crypto where the issue is actually the narrative & sentiment instead of the actual fundamentals of the business
if $SOL onchain picks back up this hits… pic.twitter.com/Dy15jW6hd5
— Ansem (@blknoiz06) July 26, 2026
Introduction of BOOST Mode Creates Additional Tailwind
The platform recently unveiled “BOOST mode,” an innovative feature designed to recover liquidity that becomes inaccessible when tokens migrate from bonding curves to automated market maker pools. This mechanism redirects that otherwise-lost capital into a buy-and-burn process executed over approximately five minutes. According to platform estimates, more than $100 million in liquidity is permanently lost each year through this migration process. BOOST captures a portion of this value, reportedly increasing effective liquidity by roughly 20% for each newly graduated token.
Although BOOST primarily affects newly created tokens rather than PUMP itself, the mechanism enhances the overall ecosystem economics that PUMP represents as the platform’s native asset. The feature’s launch aligned with PUMP posting weekly gains exceeding 30%.
On July 20, PUMP experienced a dramatic single-day surge of 20-22%, accompanied by a more than 500% spike in 24-hour trading volume, which reached approximately $131 million. Open Interest expanded from roughly 100 million to 163 million contracts during this initial breakout phase.
Chart Analysis Shows Mixed Signals at Critical Junction
Technical indicators present a nuanced picture. The Supertrend indicator has shifted to a bullish configuration and price action is maintaining position above the Guppy EMA array. Despite this, Open Interest has declined as price has advanced. This divergence points to spot market buying rather than leveraged futures trading as the primary force behind the rally.
$pump is up 2x from the bottom and its still buying back and burning roughly 0.1% of circulating supply everyday https://t.co/YWxAofLfW0 pic.twitter.com/D9SXsIOCdt
— Abdul (@0x_Abdul) July 26, 2026
On-chain monitoring services have identified multiple modest but significant PUMP accumulation transactions from large holders in recent trading sessions. Additionally, the token’s built-in buyback-and-burn mechanism is removing approximately 0.1% of circulating supply each day, creating consistent deflationary pressure that compounds with the BOOST feature.
The primary resistance barrier is positioned at $0.00210–$0.00215. Near-term support can be found at $0.00185–$0.00190, while the recent swing low at $0.0013 represents the critical level that bulls must protect to maintain the current bullish structure.
The post Pump.fun (PUMP) Surges 50% After Absorbing Massive Token Unlock—What’s Next? appeared first on Blockonomi.

Key Takeaways
DOGE currently trades around $0.073, approaching a critical monthly support zone at $0.056
Technical indicators show a TD Sequential buy signal emerging, indicating potential bearish exhaustion
Crypto analyst Ali Martinez identifies $0.056 as crucial support, with upside potential toward $0.16 and eventual $0.45 target
Trader Daan Crypto Trades highlights $0.08 as critical resistance to flip, targeting $0.118 on reclaim
Regulated Dogecoin ETF products have accumulated over $12 million in net inflows, signaling institutional interest
At press time, Dogecoin (DOGE) is changing hands at $0.07291, recording $606.79 million in trading volume over the past day and maintaining a market capitalization of $12.49 billion. The leading meme cryptocurrency has registered a modest 1.04% uptick in the last 24-hour period.
Dogecoin (DOGE) Price
Following a sustained decline from its 2024 peak, the digital asset is now testing a significant support region that market observers consider pivotal for future price action.
On the monthly timeframe, a TD Sequential buy indicator has triggered near the $0.056 support threshold. Market analyst Ali Martinez interpreted this development as evidence that selling pressure could be losing steam. While this technical formation identifies a potential reversal zone, it doesn’t guarantee that a definitive bottom has been established.
DOGECOIN: BUY SIGNAL
The TD Sequential has flashed a buy signal on the monthly chart just as $DOGE approaches a major support level around $0.056.
If that support holds, I'm watching for a rebound toward $0.16, with the top of the channel near $0.45 as the broader upside… https://t.co/uKD8zVWVj3 pic.twitter.com/pOqAAe2VWY
— Ali Charts (@alicharts) July 25, 2026
Should DOGE successfully defend current support levels, Martinez projects $0.16 as the first meaningful recovery objective. The more ambitious $0.45 price point exists as an extended-term goal within the established price channel, though achieving this level would necessitate multiple confirmed upside breakouts.
Conversely, a monthly candle closing beneath $0.056 would undermine the bullish reversal signal and potentially trigger a more substantial correction beyond current structural supports.
Institutional Demand Through ETF Vehicles
Investment products tracking Dogecoin have accumulated more than $12 million in net capital inflows, based on information reported by market analyst dogegod. This metric demonstrates expanding interest in accessing DOGE exposure through regulated investment vehicles among institutional and traditional investors.
Dogecoin ETFs total net inflow has now surpassed $12 million.
Approaching strong support. pic.twitter.com/QvUD7Injl7
— dogegod (@_dogegod_) July 26, 2026
Cryptocurrency trader Daan Crypto Trades observed that DOGE currently occupies a substantial support region that has historically attracted accumulation during previous downtrends. He emphasized the $0.08 price level as the critical resistance threshold that must be recaptured to validate strengthening momentum, which would subsequently target $0.118 as the following objective.
$DOGE With some OG memes moving, I think it's always good to watch the biggest one.
For DOGE I'd want to see a retake of that ~$0.08 level to see some sign of strength.
Alternatively, the big green high timeframe support zone below is generally good for long term/bear market… pic.twitter.com/NeZMp1kCQR
— Daan Crypto Trades (@DaanCrypto) July 26, 2026
Daan additionally noted increasing activity throughout the broader meme token ecosystem, with market participants monitoring DOGE’s price behavior as a bellwether for sector-wide direction.
Multi-Year Triangle Formation Remains Valid
Technical analyst XForceGlobal identified that Dogecoin continues to develop within a multi-year symmetrical triangle consolidation structure. Using Elliott Wave methodology, DOGE may need to complete additional corrective movements before initiating a significant upside breakout attempt.
The designated wave-four support region and a critical invalidation threshold around $0.05 represent the defensive zones that bulls must maintain. A confirmed weekly close underneath $0.05 would completely negate the triangle pattern and suggest alternative bearish scenarios.
A sustained move above $0.10 would provide the initial confirmation of renewed buying strength, with subsequent resistance barriers positioned at $0.18 and $0.24.
Dogecoin presently trades at $0.07291, as ETF investment vehicles surpass $12 million in net flows and technical analysts closely monitor the $0.056 support threshold as the critical defensive level.
The post Dogecoin (DOGE) Price Analysis: Critical $0.056 Support Level as ETF Inflows Hit $12M appeared first on Blockonomi.

Key Highlights
Bitcoin surged past the $65,000 level with a 1.2% increase over 24 hours following reduced geopolitical risks
Ether demonstrated stronger momentum, rallying 3% to approach $1,950, suggesting potential altcoin strength
Military operations between the U.S. and Iran remained suspended for consecutive days, boosting investor confidence
Crude oil prices tumbled up to 6%, with Brent dropping under $87, potentially reducing inflation concerns
Equity index futures advanced significantly, led by Nasdaq-100 contracts gaining 1.4% before major earnings reports
Digital asset leader Bitcoin has successfully reclaimed the $65,000 threshold following a second consecutive day of suspended military operations between the United States and Iran, triggering renewed confidence in risk-sensitive assets.
Bitcoin (BTC) Price
The temporary military halt has sparked optimism that diplomatic discussions might resume following two weeks of intense conflict. Iranian officials indicated their commitment to maintaining the pause provided American forces reciprocate.
BREAKING: US stock market futures surge after the US and Iran halt strikes:
1. S&P 500: +0.7%
2. Nasdaq 100: +1.2%
3. Dow Jones: +0.6%
4. WTI Crude: -8.0%
5. Brent: -6.0%
6. Gold: +0.7%
The market is beginning to price-in a peace deal again.
— The Kobeissi Letter (@KobeissiLetter) July 26, 2026
Energy markets reacted dramatically to the development. Brent crude experienced a steep decline exceeding 5%, settling beneath $87 per barrel, while WTI contracts similarly dropped approximately 5% to reach $85.
Bitcoin appreciated roughly 1.2% during the 24-hour period, changing hands near $65,169. Ether demonstrated superior performance with gains exceeding 3%, climbing toward $1,950.
Additional top-tier digital currencies experienced positive momentum. Both Solana and XRP registered advances ranging between 1% and 2%.
Vikram Subburaj, chief executive of Indian cryptocurrency platform Giottus, indicated that Ether’s strength points toward potential capital rotation into alternative digital assets. However, he emphasized that Bitcoin’s market dominance remains elevated at 58.6%, suggesting a comprehensive altcoin season hasn’t materialized yet.
Equity Markets Advance Before Central Bank Meeting and Tech Results
American equity index futures climbed uniformly. Dow Jones contracts appreciated 0.8%, S&P 500 futures advanced 0.8%, while Nasdaq-100 futures surged 1.4%.
E-Mini S&P 500 Sep 26 (ES=F)
The Federal Reserve’s policy meeting scheduled for July 28-29 approaches with unusual uncertainty. Current market pricing indicates just 36.3% odds of a 25-basis-point interest rate increase, representing one of the most uncertain central bank decisions in recent times.
The decline in petroleum prices may relieve some pressure facing Federal Reserve policymakers who’ve maintained focus on inflationary dynamics. Lower energy costs typically translate to reduced overall price pressures throughout the economic system.
Corporate earnings disclosures reach their zenith during the current week. Technology giants Microsoft, Meta, Apple, and Amazon are scheduled to announce quarterly results.
Market participants will scrutinize infrastructure investment announcements, particularly regarding artificial intelligence initiatives. Recent AI expenditure revelations from Alphabet and Tesla created uncertainty within technology sectors during the previous week.
Additional corporations scheduled to report include Coca-Cola, Starbucks, Procter & Gamble, and Arm Holdings. Energy majors ExxonMobil and Chevron will conclude the reporting period.
Historical Pattern Suggests Bitcoin May Be Forming Price Floor
Market technicians are examining Bitcoin’s extended timeframe price behavior. Joao Wedson, chief executive of analytics company Alphractal, observed that historical intervals between Bitcoin halving events and subsequent bear market troughs have consistently averaged approximately 900 days.
The present cycle has reached day 827. Following this historical framework, Wedson suggested Bitcoin could be establishing a price foundation, with a potential ultimate trough materializing during the upcoming two-month window.
Foreign exchange markets similarly demonstrated the enhanced sentiment. Both the Australian dollar and euro strengthened versus the U.S. dollar during Monday trading.
The post Bitcoin (BTC) Breaks $65K Barrier as U.S.-Iran Truce Sparks Market Rally appeared first on Blockonomi.

Key Takeaways
Garden Finance pulled its application offline following a security compromise affecting a solver’s off-chain database
Approximately $450,000 in USDT was stolen from networks including Ethereum, Base, Arbitrum and BNB Chain
The protocol’s HTLC smart contracts remain intact and user deposits were not impacted
The losses affected only the compromised solver’s own assets, not customer holdings
Three security firms—zeroShadow, Quantstamp and Blockaid—are assisting with fund recovery efforts
On July 27, Garden Finance suspended operations of its cross-chain bridging platform following a security incident targeting one of its third-party solvers.
UPDATE: Garden Finance has shut down its app as a precaution, confirming that no user funds or smart contracts were affected. https://t.co/aFdBh4PWRV
— Coin Bureau (@coinbureau) July 27, 2026
According to the platform’s disclosure, an unauthorized party gained access to a solver’s off-chain database infrastructure. Once inside, the attacker manipulated transaction records by creating fraudulent entries that deceived the solver into releasing funds for swaps that were never legitimately initiated.
Security analytics firm Blockaid confirmed the exploit resulted in losses totaling approximately $450,000 in USDT tokens. The attack spanned multiple blockchain networks, including Ethereum, Base, Arbitrum and BNB Chain.
Garden Finance emphasized that the underlying protocol architecture and its hash time-locked contracts (HTLCs) remained completely secure throughout the incident. These HTLC mechanisms serve as the foundation for Garden’s atomic swap functionality, enabling trustless exchanges between Bitcoin and other blockchain ecosystems.
Importantly, the platform stressed that customer assets were never exposed or compromised during the breach. All financial losses stemmed exclusively from the affected solver’s proprietary funds.
As a protective measure, Garden Finance temporarily disabled all services while conducting a comprehensive security audit of the impacted systems. The company has not yet announced when normal operations will resume.
Recovery Efforts Underway With Security Partners
Garden Finance has enlisted three specialized blockchain security companies to investigate the breach and attempt asset recovery. The investigation team consists of zeroShadow, Quantstamp and Blockaid.
The platform stated that service restoration will occur only after thorough security validation procedures are complete. Garden also referenced its SOC 2 Type II certification as demonstration of its commitment to security standards.
Pattern Emerges With Second Solver Compromise
This incident marks the second time in less than a year that Garden Finance has experienced a solver-related security breach. Previously, in October 2025, a comparable attack resulted in approximately $11.4 million in stolen funds when an attacker infiltrated a solver’s operational environment.
Garden emphasized that the October incident similarly left protocol contracts and user balances untouched.
The pattern of repeated solver breaches points to persistent security weaknesses in off-chain solver operations rather than fundamental flaws in Garden’s core protocol design.
Garden Finance continues to assess the complete scope of damages, including finalizing the exact loss amount, identifying all affected digital assets and confirming every blockchain network involved.
Blockaid initially detected and publicly disclosed the ongoing exploit, publishing blockchain addresses associated with the attacker’s operations.
Garden Finance stated its current priorities include hardening affected infrastructure, tracking the movement of stolen assets and implementing additional safeguards before reopening the platform.
The platform has not disclosed whether any portion of the $450,000 has been successfully recovered to date.
The post Garden Finance Halts Operations Following $450K Solver Database Exploit appeared first on Blockonomi.

Key Takeaways
SOL currently trades near critical support at $73, aligned with the 0.382 Fibonacci retracement level at $73.89
Breaking above $77 resistance would signal bullish momentum toward the $80-$84 range
A failure to hold $73 support could push prices down to the $68-$64 area, with June’s $60 low as the worst-case scenario
Crypto analyst Crypto Patel highlights the $52-$73 range as a strategic long-term accumulation zone on weekly timeframes
Ambitious price projections of $500 and $1,000 remain possible but require several significant resistance breakouts
Solana finds itself at a critical juncture in the market. Trading around $73.90, the cryptocurrency is testing support just above the 0.382 Fibonacci retracement level at $73.89 while simultaneously defending an ascending trendline that has provided support since June.
Solana (SOL) Price
Crypto analyst Crypto Patel has been closely monitoring this pivotal price level. According to his analysis, maintaining support above $73 preserves the bullish market structure, whereas a breakdown could send SOL tumbling toward the $68-$64 liquidity zone.
Throughout the recent recovery phase, buyers have successfully defended this upward-sloping trendline on multiple occasions. This historical defense adds credibility to the support level, though Solana faces significant challenges to the upside before any sustainable rally can materialize.
$SOL looks ready.
Needs to hold $75.06 into the daily/weekly close. Do that, and we have a clean deviation.
Given the look and early break on $SOL / $BTC, I wouldn't be surprised to see SOL run back to $84, possibly the $90 imbalance from May. pic.twitter.com/gqFqj4rN1P
— Justin Bennett (@JustinBennettFX) July 26, 2026
Currently, SOL remains capped by a descending resistance trendline that originates from the July peak around $84. This downward-sloping pressure continues to suppress near-term recovery efforts.
Why $77 Is the Critical Breakout Level
Reclaiming the $77 level would mark a significant shift, pushing Solana above the descending resistance trendline. Successfully breaking this barrier would open the path toward $80, with $84 as the subsequent target.
Should the $73 support level fail, attention turns to the 0.5 Fibonacci retracement near $71. Further deterioration would expose the $68.22-$64.46 support zone, and a decisive break beneath $64.46 could send prices retreating toward the June low around $60.
Crypto Patel has also published a weekly chart analysis that paints a broader picture. On this extended timeframe, SOL currently sits near $74, marginally above Fibonacci support around $72.55, with a wider support zone extending down to approximately $52.
$SOL Is Sitting At The Most Important Level Of This Cycle#SOL is trading inside a high-confluence HTF demand zone where the previous breakout base, weekly support, and the 0.618 Fibonacci retracement all intersect.
This is the market's decision point.
Hold $73 → Bullish… pic.twitter.com/3yJsuPBj1B
— Crypto Patel (@CryptoPatel) July 25, 2026
Maintaining price action within the $52-$73 range would preserve the long-term bullish structure. However, a sustained breakdown below $52 could potentially drag prices toward $32.50.
Ambitious Price Targets: $500 and $1,000 in Focus
Examining the weekly timeframe, Crypto Patel outlines potential price targets of $500 and $1,000 if SOL completes a full breakout sequence.
The initial major obstacle sits at $101. Beyond that level, Solana must contend with substantial resistance between $180 and $295, a range that encompasses the territory around its previous all-time high.
Only after a confirmed breakout above that resistance zone would the $500 target become realistic. The $1,000 projection would represent an extraordinary gain of approximately 1,900% from the lower boundary of the support zone.
These ambitious targets are predicated on Solana replicating a historical breakout-and-retest pattern. At the current price near $73-$74, SOL remains in the accumulation and support phase rather than an expansion phase.
The latest market data shows Solana trading near $73.90, with the immediate decision point revolving around whether buyers can successfully defend the $73 level amid ongoing selling pressure.
The post Solana (SOL) Faces Critical $73 Support Level—What Comes Next for SOL Price? appeared first on Blockonomi.

Key Takeaways
On July 26, Storj Labs submitted a Chapter 11 bankruptcy petition in West Virginia’s federal bankruptcy court
Prior to filing, the decentralized storage company secured approximately $35 million through venture capital and a 2017 token offering
The company intends to maintain uninterrupted network operations and customer support throughout the reorganization
A proposed equity conversion mechanism for STORJ token holders is under development
Two additional cryptocurrency firms entered Chapter 11 proceedings during July 2026
On July 26, 2026, Storj Labs initiated Chapter 11 bankruptcy proceedings in the US Bankruptcy Court for the Northern District of West Virginia. The filing appears under case number 5:26-bk-00512.
Storj Labs Files for Chapter 11 Bankruptcy After Raising Approximately $35 Million
Storj Labs, the company behind decentralized cloud storage network Storj, has voluntarily filed for Chapter 11 bankruptcy protection to address legacy debt while continuing operations.
The… pic.twitter.com/UkF8qiMkB6
— Wu Blockchain (@WuBlockchain) July 27, 2026
According to the company’s statements, the financial difficulties trace back to legacy liabilities connected to previous business operations. Kaloyan Raev, serving as director of software engineering at Storj, characterized the current business as operationally sound and appropriately sized, but burdened by historical financial obligations.
Prior to this bankruptcy petition, Storj Labs successfully raised approximately $35 million in capital. This figure encompasses a $30 million STORJ token offering that concluded in May 2017, a $3 million seed investment round disclosed in February 2017, and roughly $5 million in additional equity financing distributed across six separate funding rounds.
The bankruptcy filing follows approximately nine months after Inveniam, a data infrastructure firm, revealed its planned acquisition of Storj Labs in October 2025. Inveniam has indicated its commitment to backing the company throughout the Chapter 11 restructuring proceedings.
Service Continuity Maintained Throughout Bankruptcy Process
According to Storj Labs, customers should not anticipate any service disruptions during the Chapter 11 reorganization. The decentralized network functions through independent storage node operators who receive STORJ token compensation for contributing storage capacity and bandwidth resources.
The company emphasized that the STORJ token maintains its functional purpose within the network ecosystem without changes. At the time of filing, CoinGecko data showed STORJ tokens trading near $0.072, with the announcement generating minimal immediate price volatility.
Storj Price
As part of the restructuring strategy, Storj Labs is streamlining its business operations. The company plans to divest previous acquisitions and non-core business units.
Equity Participation Proposed for Token Community
Management at Storj Labs has announced intentions to develop a framework enabling STORJ token holders to acquire equity stakes in the post-reorganization entity. The proposed ownership structure may include participation from existing management, current investors, community stakeholders, and potentially new capital partners.
Details regarding eligibility criteria, potential token snapshot requirements, lockup provisions, or the percentage of equity allocated remain undisclosed. Any restructuring plan requires approval from creditors and final authorization from the bankruptcy court.
This restructuring strategy contrasts with other recent cryptocurrency bankruptcy cases. Bitcoin mining operation Poolin, which similarly filed Chapter 11 in July, is proceeding with a court-supervised liquidation of its Texas-based mining facilities. Movement Labs submitted a Subchapter V filing in July, reporting potential liabilities as high as $10 million.
Storj Labs has yet to release a comprehensive reorganization blueprint, complete creditor listing, or finalized ownership terms. Additional court documents expected in coming weeks should illuminate the company’s total debt obligations and the specific framework for tokenholder participation.
The post Storj Labs Declares Chapter 11 Bankruptcy Despite $35M in Prior Funding appeared first on Blockonomi.

Key Takeaways
XRP gained 1.07% to reach approximately $1.10 amid a broader cryptocurrency market rebound
Exchange activity on Binance collapsed from approximately 650,000 to 350,000 transactions, hinting at potential accumulation phase
XRP exchange-traded funds maintain $1.49 billion in total inflows despite zero net additions recorded on July 24
Ripple introduced Ripple Mint on July 23, enabling financial institutions to handle RLUSD stablecoin operations
Critical price levels under observation: $1.05 floor and $1.15 ceiling
XRP maintained a trading range between $1.09 and $1.10 while the cryptocurrency sector experienced renewed strength, pushing the aggregate market capitalization 0.9% higher to $2.21 trillion. Major digital assets including Bitcoin, Ethereum, Solana, and Dogecoin recorded similar upward momentum during this timeframe.
XRP Price
The market reversal coincided with strengthening U.S. equity markets as geopolitical concerns subsided and corporate earnings outlook improved. Investor risk appetite expanded across asset classes, providing a tailwind for digital currencies that had experienced recent distribution pressure.
XRP successfully defended a consolidation range spanning $1.06 to $1.09. Demand emerged at this threshold, creating a floor that prevented additional downside. Breaking above $1.10 positions the $1.13–$1.15 resistance zone as the next challenge for bulls.
Should XRP successfully breach $1.15, subsequent upside objectives include $1.24 followed by $1.28. Conversely, failure to maintain $1.08 would bring the $1.05 support level back into focus.
Exchange Transaction Volume Plummets, Pointing to Holder Confidence
Binance’s 30-day deposit and withdrawal volume contracted from approximately 650,000 transactions in June to roughly 350,000 currently. This pattern mirrors conditions observed before XRP’s substantial rally in October 2025.
Declining exchange transaction activity typically indicates reduced immediate distribution pressure. This behavior suggests market participants are retaining positions rather than transferring tokens to exchanges for liquidation.
The Network Value to Transactions (NVT) Ratio surged 144.21% within 24 hours, reaching 697.6 as XRP’s valuation expanded more rapidly than blockchain transaction volume. While this reflects increasing investor sentiment, it simultaneously raises considerations about whether valuation is advancing ahead of fundamental network utilization.
Source: CryptoQuant
Funding rates increased 52.16% to 0.008685 across the past day. Positive funding indicates traders maintaining long positions are compensating short holders, demonstrating sustained bullish conviction without indicators of dangerous over-leverage.
Technical analyst ChartNerd (@ChartNerdTA) observed that XRP rebounded from ascending trendline support but requires a decisive break above Fibonacci resistance spanning $1.12–$1.13 to advance toward the recent $1.16 local peak. The analyst highlighted the daily 50-period moving average as an influential trend determinant.
$XRP secured a bounce!
Price has reacted positively on ascending support, but there's still plenty of work to do for continuation of the trend toward the local $1.16 high: price must break FIB resistance ($1.12/$1.13)
Confluence with the daily 50 guiding this trend down… https://t.co/3dyDPByXlh pic.twitter.com/O8M0RFphy4
— ChartNerd (@ChartNerdTA) July 26, 2026
Ripple Mint Platform Debuts Alongside Regulatory Progress
Ripple unveiled Ripple Mint on July 23, establishing an integrated solution enabling institutional clients to issue, redeem, and oversee RLUSD stablecoins through a unified interface. While the platform enhances Ripple’s institutional stablecoin capabilities, it does not create immediate XRP demand.
Regarding regulatory developments, the U.S. CLARITY Act maintains momentum through Congressional procedures. This legislation, endorsed by prominent institutions such as BlackRock, Charles Schwab, Fidelity, Goldman Sachs, and Grayscale, designated 16 cryptocurrency assets as digital commodities in March 2026. Nevertheless, the implementation timeline remains uncertain as lawmakers face an approaching Senate recess period.
NEW CLARITY ACT DRAFT MERGES COMMITTEES, ADDS ETHICS RULES!
A revised version of the Clarity Act has been released, combining the Senate Banking and Agriculture Committee texts and introducing an ethics provision for the first time, CoinDesk reports.
A motion to proceed is… pic.twitter.com/Vc3TNIHSQD
— Crypto Banter (@crypto_banter) July 27, 2026
XRP exchange-traded funds accumulated $1.49 billion in aggregate inflows, representing total net assets of $997.25 million. Bitwise commands the largest position with $312.85 million in net assets. All five trading funds registered daily contractions ranging from 1.33% to 1.58% on July 24, while recording zero new net capital inflows during that session.
The Relative Strength Index (RSI) registered near 47, positioned beneath the neutral 50 threshold, indicating bearish momentum has diminished though bullish forces have not established dominance. Price action continues consolidating within the $1.05 to $1.15 boundaries.
The post XRP (XRP) Price Analysis: Why Declining Exchange Activity Points to $1.30 Breakout appeared first on Blockonomi.

Key Highlights
BitMEX co-founder Arthur Hayes accumulated 1,290 ETH valued at $2.5 million through FalconX exchange
Ethereum spot ETFs attracted $104M in cumulative net inflows across three consecutive weeks
Ethereum has surged more than 20% after defending critical multi-year support near $1,580
Technical analysts forecast potential long-term price levels ranging from $10,000 to $20,000 using cycle-based models
Immediate price resistance is positioned at $1,945, with $2,145 marking the subsequent critical level
BitMEX co-founder Arthur Hayes executed a calculated entry into Ethereum this week, purchasing 1,290 ETH tokens for roughly $2.5 million via the FalconX trading platform. His transaction involved pre-depositing capital before executing the buy order, indicating a strategic accumulation approach rather than spontaneous market timing.
ARTHUR HAYES ADDS ANOTHER $1.2M IN $ETH!
BitMEX co-founder Arthur Hayes bought 645 $ETH.
Since July 15 he has accumulated a total of 3,915 $ETH worth $7.47M at an average price of $1,909, according to Lookonchain data.
The position is currently down about $113K. pic.twitter.com/rD4bqin5r9
— Crypto Banter (@crypto_banter) July 26, 2026
Hayes has developed a reputation for establishing positions during periods of market ambiguity. This particular acquisition captured market attention because Ethereum remained beneath significant resistance zones during his entry, implying he identified present valuation levels as favorable for accumulation.
Trading platform analytics revealed positive spot netflows totaling $5.58 million, indicating more Ethereum moved onto centralized exchanges than exited to private wallets. Though this pattern could suggest certain holders positioning for potential sales, the magnitude remained relatively contained compared to larger outflow events recorded in previous months.
Derivatives Indicators Signal Strengthening Bullish Sentiment
Futures market metrics reinforced the optimistic outlook. Open Interest climbed 2.2% to reach $11.97 billion, demonstrating fresh capital deployment in derivatives contracts. Funding Rates experienced a dramatic 3,092% surge within 24 hours to 0.003479, revealing that traders maintaining long positions were accepting higher costs to sustain their exposure.
Market analyst Ali Charts identified $1,580 as the optimal accumulation zone, noting that Ethereum has delivered over 20% gains since successfully defending that multi-year support foundation.
$1,580 was the level to buy.
Ethereum $ETH has now gained more than 20% since testing its multi-year support. https://t.co/eDUNoRnGzw pic.twitter.com/q5UL7Vkeye
— Ali Charts (@alicharts) July 26, 2026
Spot Ethereum exchange-traded funds strengthened the bullish narrative, attracting $104 million in net capital during the July 20–24 period, extending a positive inflow streak to three consecutive weeks, as reported by Wu Blockchain.
Cycle-Based Analysis Points Toward $10K-$20K Price Zones
Technical analyst Crypto Patel presented a bi-weekly chart overlay comparing Ethereum’s present market structure with historical cycles that culminated in 2017 and 2021. Each previous cycle featured an initial rally phase, followed by corrective consolidation, then accumulation before the subsequent expansion wave. His technical framework identifies $10,000 as a significant long-term milestone, with broader peak potential extending between $16,000 and $22,500.
If you doubt Ethereum today, Then the chart will humble you tomorrow.$ETH pic.twitter.com/Mh0pGTXlby
— Crypto Patel (@CryptoPatel) July 25, 2026
Analyst Freedom By 40 released a monthly timeframe chart suggesting a possible $20,000 destination by 2028, derived from a projected 1,900% appreciation measured from the lower boundary of Ethereum’s existing trading range.
Both projection models require Ethereum to maintain support within the $1,000 to $1,350 corridor and ultimately surpass the prior all-time high established near $4,800.
Ethereum (ETH) Price
Ethereum is presently changing hands around $1,864, with near-term support established at $1,830 and resistance positioned at $1,945. The subsequent major upside objective is located at $2,145.
The post Ethereum (ETH) Price Eyes Major Breakout After Arthur Hayes’ $2.5M Purchase appeared first on Blockonomi.

Key Takeaways
Michael Saylor shared Strategy’s Bitcoin acquisition chart on Sunday with the cryptic message “We’re gonna need another color” — marking his fifth similar post since the company’s most recent confirmed Bitcoin purchase on June 22.
The firm has abstained from Bitcoin acquisitions for four consecutive weeks, representing its longest buying drought in two years.
MSTR shares concluded Friday’s trading session at $91.67, declining from $94.85 the week before.
Strategy’s Bitcoin treasury totals 843,775 BTC with an average acquisition price of $75,476, resulting in an unrealized loss of approximately $8.6–$9.3 billion at current Bitcoin prices of $64,600–$65,000.
The company will announce Q2 financial results following Thursday, July 30’s U.S. market close.
On Sunday, July 26, Michael Saylor shared Strategy’s Bitcoin purchase chart on X, accompanied by the caption “We’re gonna need another color.” This marked his fifth similar social media post since June 22, when the company last confirmed a Bitcoin acquisition.
We’re gonna need another color. pic.twitter.com/AqZO5UeXDx
— Michael Saylor (@saylor) July 26, 2026
The social media post generated more than 11,000 likes and attracted 1,400 responses. Saylor provided no additional context, and Strategy has not announced any new transactions.
MSTR shares finished Friday’s session at $91.67, representing a decline from the prior Friday’s closing price of $94.85.
The company’s Bitcoin holdings stand at 843,775 BTC, accumulated over 113 separate purchases at an average cost of $75,476 per coin, totaling $63.69 billion. With Bitcoin currently trading in the $64,600–$65,000 range, Strategy’s position carries an unrealized loss between $8.6 and $9.3 billion.
Over the past two years, a Sunday chart post from Saylor typically signaled an imminent Monday Bitcoin acquisition filing. This pattern has recently diverged. His June 28 post announced a new capital allocation framework rather than a purchase. The July 5 post preceded the company’s largest-ever Bitcoin sale.
Saylor has employed color-related messaging previously. In late November, he referenced “green dots” one day before Strategy announced a 130 BTC acquisition alongside a $1.44 billion cash reserve. On January 4, he posed the question “Orange or Green?” suggesting an upcoming decision between cryptocurrency or cash.
What’s Behind Strategy’s Buying Pause
Strategy’s enterprise mNAV — measuring the ratio between market capitalization and net Bitcoin holdings — dropped below 1 on June 27. When this metric falls below that threshold, issuing additional stock to acquire Bitcoin actually reduces Bitcoin per share rather than increasing it.
Preferred stock dividend obligations represent another constraint. The STRC preferred dividend rate increased to 12% and requires cash payment. CryptoQuant’s head of research Julio Moreno noted that Strategy’s dividend obligations have expanded approximately fourfold over six months to $1.2 billion, while dividend coverage plummeted from over seven years down to approximately 14 months.
Strategy continues raising capital — the company sold 2,732,318 MSTR shares generating net proceeds of $263.5 million between July 13 and July 19 — but these funds are being allocated to reserves rather than Bitcoin purchases. The dollar reserve has grown to $3.225 billion, sufficient to cover roughly 1.8 years of dividend requirements.
The firm retains authorization to sell up to $23.53 billion in additional common stock through existing at-the-market programs. The current buying pause represents a strategic decision.
Revised Capital Framework and mNAV Calculation
Strategy unveiled a new capital allocation framework in late June, establishing multiple channels for cash deployment. The board authorized a $1 billion buyback program for digital credit securities, a separate $1 billion common stock repurchase program, and a Bitcoin Monetization Program permitting up to $1.25 billion in Bitcoin sales.
On July 23, Strategy revised its mNAV calculation methodology. The updated formula subtracts senior obligations — encompassing perpetual preferred stock and out-of-the-money convertible debt — after accounting for the dollar reserve. The company cautioned that historical figures calculated before this date cannot be directly compared to the new methodology.
Strategy will release its second-quarter financial results following Thursday, July 30’s U.S. market close.
The post Strategy (MSTR) Stock Drops to $91.67 as Saylor Hints at New Move After Month-Long Bitcoin Hiatus appeared first on Blockonomi.

Key Highlights
BTC surged past $65,000 following a de-escalation in US-Iran hostilities that lowered inflation concerns
Federal Reserve policy decision this week could impact crypto markets, with rate hike odds at roughly 33%
Large holders moved $198 million worth of Bitcoin off Kraken, signaling reduced exchange supply
Stock-to-Flow Ratio for Bitcoin spiked 350% within a single day, indicating increasing scarcity
Mining operations decreased distribution pressure as the Miners’ Position Index fell to -1.24
Bitcoin pushed beyond the $65,000 threshold on Monday following a weekend ceasefire development between the United States and Iran that sent crude oil prices tumbling and boosted sentiment throughout international financial markets.
Bitcoin (BTC) Price
Brent crude oil dropped over 5% after Iranian officials announced they would suspend retaliatory operations if the United States ceased additional military strikes. Washington simultaneously paused its aerial offensive. This development alleviated worries about regional escalation and reduced upward pressure on inflation projections.
The improved inflation landscape weakened the dollar’s position, enhancing the appeal of digital assets for international investors. BTC was changing hands near $65,405, representing approximately 1.5% daily gains.
Market observer Ted Pillows highlighted on social platforms that Bitcoin was consolidating around $64,500, suggesting a sustained move above $65,000 could propel the asset toward fresh monthly peaks.
$BTC is hovering around the $64,500 level.
A reclaim of $65,000 could send Bitcoin to new monthly highs. pic.twitter.com/7yYj6yO9Yl
— Ted (@TedPillows) July 26, 2026
Technical analyst Daan Crypto Trades emphasized that bullish traders must overcome the local resistance zone from June-July near $67,000, with the 200-day moving average positioned between $72,000 and $73,000 representing the subsequent objective. He identified strong support at the $60,000 range floor.
$BTC These levels are still all you need.
The level to break for the bulls is that local high from June/July at ~$67K. From there you can start targeting
the daily 200MA/EMA coming in around the $72K-$73K area.
On the downside, the high timeframe support to hold is that $60K… pic.twitter.com/IXWQ2PMX3C
— Daan Crypto Trades (@DaanCrypto) July 26, 2026
Central Bank Policy Decision Approaches
Market participants are directing attention toward the Federal Reserve’s upcoming policy announcement scheduled for this Wednesday. The monetary authority is anticipated to maintain current interest rate levels, though financial markets are pricing approximately a 33% probability of an increase. Investors will scrutinize Fed Chair Kevin Warsh’s statements for guidance on monetary policy direction through 2026.
Elevated interest rates typically pressure risk-on assets including cryptocurrencies by enhancing the attractiveness of traditional fixed-income investments.
Large Holder Movements and Tightening Availability
Blockchain analytics provided additional support for Bitcoin’s upward momentum. Approximately 3,080 BTC, valued at nearly $198 million, exited Kraken in two distinct transactions. The digital assets were transferred to unidentified addresses, a behavior commonly associated with accumulation strategies rather than liquidation.
The Stock-to-Flow Ratio for Bitcoin surged to 46,500, marking a 350% increase within a 24-hour period. This dramatic elevation indicates constricting supply dynamics as available coins on trading platforms diminish.
Source: CryptoQuant
Bitcoin mining operations also decreased their selling activity. The Miners’ Position Index declined to -1.24, representing a drop exceeding 128% in a single session. When this metric turns negative, it indicates miners are distributing fewer coins compared to their annual average, eliminating another potential source of downward price pressure.
Bitcoin was trading around $64,368 at publication time, maintaining position above channel support established near $63,824. Immediate overhead resistance appears at $66,835, with a more significant obstacle positioned around $73,000. The Relative Strength Index registered 50.85, reflecting neutral momentum conditions.
Traders should monitor the $63,824 support threshold closely. A decisive breakdown beneath this level could expose the $60,000 psychological zone.
The post Bitcoin (BTC) Surges Past $65K as Geopolitical Tensions Diminish — Critical Price Targets Ahead appeared first on Blockonomi.

TLDR:
TRX price holds near $0.33 after reclaiming short-term moving averages, while buyers continue defending support inside the ascending channel structure.
Parabolic SAR at $0.3623 and a negative MACD histogram show that momentum has weakened, despite the token holding above the proposed $0.3297 stop.
Tron Inc. added 150,742 TRX at an average of $0.3317, lifting its reported treasury beyond 706.9 million tokens under a daily accumulation plan.
CryptoQuant estimates that TRON hosts about $90 billion in USDT and processes roughly $24 billion through 2.2 million daily stablecoin transactions.
The TRX price is holding near $0.33 as buyers defend support within an ascending channel. The token trades around $0.3317 after recovering from a 16% slide from its May high. Recent gains also pushed TRX above its 7-day and 30-day moving averages. However, TRX faces nearby resistance before a broader recovery can develop.
Treasury buying from Tron Inc. and heavy USDT activity provide additional underlying support. Bitcoin’s position near $64,640 may shape whether TRX extends its rebound or revisits support during the next market move.
TRX Price Tests Momentum Near Ascending Channel Support
Analyst Blockchain Rex identifies $0.3320 to $0.3330 as an entry zone. The analyst places upside targets at $0.3345, $0.3355, and $0.3364. A stop at $0.3297 marks the level where the short-term setup would fail. That range sits close to the quoted TRX price, leaving little space between support and the first target.
Source: Blockchain Rex
The TRX/USD weekly chart analysis reveals a less decisive momentum picture. MACD stands at 0.006649, below its 0.008517 signal line. The histogram reads negative 0.001868, showing that recent bullish pressure has cooled. Trading volume is about 3.103 billion tokens, without a clear surge beside the latest candles. A stronger TRX breakout would likely need expanding volume and a positive MACD crossover.
Parabolic SAR also signals caution. Its latest reading of $0.3623 sits above the TRX price, which often reflects bearish short-term control. Yet buyers have prevented a deeper drop below the rising channel area. Holding $0.3297 keeps the immediate recovery structure intact. Losing that level could expose the token to the $0.30 region shown on the chart.
Source: TradingView
TRX has gained about 2.2% over seven days and recovered roughly 6% from its late-June lows. Even so, it trades around 11% below its May peak. TRX price also sits nearly 23% under its record high of $0.4313. Those gaps leave room for recovery, but they also show the resistance still facing buyers.
Treasury Buying and USDT Activity Support TRON Demand
Tron Inc. continues adding TRX to its digital asset treasury. Its latest disclosed purchase covered 150,742 tokens at an average price of $0.3317. That transaction lifted reported holdings beyond 706.9 million TRX. The company follows a 360-day accumulation plan involving roughly $50,000 in daily purchases.
Tron Inc. (NASDAQ: TRON) acquired 150,742 TRX tokens today at an average price of $0.3317, further increasing its TRX treasury holdings to more than 706.9 million TRX in total. The company aims to further grow its Tron DAT holdings to enhance long term shareholder value. For live…
— Tron Inc. (@TRON_INC) July 26, 2026
Management says the strategy supports long-term shareholder value and reflects confidence in TRON’s utility. The company also publishes its treasury wallet for public monitoring. That transparency allows investors to verify transfers and track future additions directly on-chain. Continued purchases can support sentiment, although their daily size stays modest beside overall market volume.
Network activity provides a broader demand signal. CryptoQuant estimates that the TRON network hosts about $90 billion in circulating USDT. Roughly $24 billion moves across the blockchain each day through around 2.2 million USDT transactions. This level of settlement activity strengthens TRON’s role in retail payments and stablecoin transfers.
Lower costs have also supported usage. Average transaction fees have fallen about 65% year over year to nearly $0.49. Cheaper transfers may help the TRON network retain users across regions where small payments require low fees. Stablecoin demand does not guarantee a TRX breakout, but it gives the token measurable network utility.
Broader market conditions still matter. Bitcoin trades near $64,640 after a 0.51% daily gain, slightly trailing the wider market. Short liquidations reached $5.49 million, suggesting part of Bitcoin’s rise came from bearish positions closing.
Holding $63,800 could support a move toward $65,500, while a break may expose $60,000. The Federal Reserve decision on July 29 represents the next immediate market trigger. TRX price action may stay sensitive to that outcome this week, especially while technical momentum stays soft.
The post TRX Price Stabilizes Near $0.33 as Network Activity Strengthens appeared first on Blockonomi.

CFTC guidance limits broad template filings that combine contracts with different settlement methods or risks.
Regulation 40.2 still permits self-certification, but exchanges must submit detailed terms and legal analysis.
Related contracts may share one filing only when pricing sources, formulas, procedures and payouts match.
Monthly prediction-market volume rose from below $5 billion to about $24 billion in only seven months.
TheCommodity Futures Trading Commission tightened filing expectations as prediction markets expand across sports, elections, economics and public affairs. The July 24 advisory targets template certifications combining products with different settlement sources, formulas, procedures or underlying events.
Regulators said such filings can hinder reviews of manipulation, contract terms and federal derivatives compliance. Under Regulation 40.2, a designated contract market may list a product without prior approval after certifying it by the preceding business day.
Each submission must include terms, documents and an analysis of compliance with the Commodity Exchange Act and core principles. However, the guidance does not prohibit event contracts or remove self-certification.
Instead, it warns against vague filings covering unidentified economic indicators, recurring data releases, central-bank decisions or international agreements.
Strict Conditions Govern Shared Event Contract Filings
According to the advisory, closely related products may qualify for class certification under Regulation 40.2(d), but they must use identical pricing sources, formulas, procedures and payment methods. Each filing must also reference a contract previously certified or approved by the same exchange.
That requirement gives regulators a benchmark for comparison. The CFTC used the 2026 FIFA World Cup to explain the distinction. One certification could cover every match when settlement rules and procedures remain identical.
The same filing should not cover another competition, such as the MLS Leagues Cup, when its rules or settlement structure differ. However, comparable products may qualify when they follow one consistent framework. These could include matches within a single tennis tournament or election outcomes appearing on the same ballot.
Awards selected through one process could also share a certification. Likewise, daily rainfall contracts may qualify when they rely on data from one official weather station. These limits remain important as cash-settled products can create incentives to influence the information determining payouts.
Therefore, exchanges must assess whether settlement data are reliable, timely, publicly available and resistant to manipulation. When submissions lack sufficient detail, staff may recommend delaying the listing or requiring separate filings. The advisory consequently requires exchanges to explain how each contract series will operate and settle.
Broader Prediction Market Regulations Begin Taking Shape
The notice arrived before the July 27 comment deadline for proposed amendments governing public-interest reviews under the Commodity Exchange Act. Under the proposal, regulators would apply a three-step framework when evaluating products connected with specified activities.
Those categories include terrorism, assassination, gaming, war and unlawful conduct. The proposal also follows a March staff notice that urged exchanges to explain settlement methods and examine heightened risks. Sports products received particular attention, given that injuries, officiating decisions, and actions controlled by small groups can influence outcomes.
Meanwhile, the wider rulemaking followed an advance notice that attracted about 3,500 comments. The response reflects growing regulatory scrutiny as prediction market activity expands beyond a narrow financial niche.
Pew Research Center estimated that global monthly volume increased from below $5 billion in September 2025 to about $24 billion in April 2026. As activity expanded, disputes intensified over insider information, market integrity, and the authority of state gambling regulators over federally regulated products.
However, the latest CFTC action focuses on filing quality rather than resolving those broader legal disputes. Exchanges may continue listing eligible products under existing procedures. Nevertheless, each series must provide enough detail for regulators and market participants to understand its pricing, settlement process, legal compliance, and manipulation risks.
The post CFTC Tightens Event Contract Filing Rules as Prediction Markets Expand appeared first on Blockonomi.

TLDR:
Tom Lee says Ethereum’s 2.0 phase mirrors past re-ratings at Amazon and Nvidia stocks.
AI-driven “uncanny valley of wealth” thesis positions Ethereum as a necessary trust layer.
BitMine holds 5.74 million ETH, 4.8% of supply, and plans to stay below 5%.
Technical analysts project near-term ETH targets between $2,200 and $2,239 per token.
Ethereum could reach $250,000 per token over the long term, according to BitMine Chairman Tom Lee. He shared this outlook during WebX 2026 in Tokyo on July 13.
Lee described Ethereum’s shift into a “2.0” phase, comparing it to past re-ratings at Amazon and Nvidia. His thesis centers on Ethereum becoming “productive money” within an AI-driven economy.
Why Tom Lee Sees Ethereum Reaching $250,000
Lee’s price target stems from Ethereum’s potential role as global settlement money. He argued ETH could function similarly to how JPMorgan re-rated as a financial platform.
This “2.0” framing suggests Ethereum moves beyond a simple crypto asset. Instead, it becomes core infrastructure for an economy shaped by artificial intelligence.
Central to Lee’s argument is what he calls the “uncanny valley of wealth.” Agentic AI systems could soon generate income exceeding human capacity, he explained.
Blockchain, in this view, becomes a necessary trust layer. It separates human economic activity from autonomous AI-driven transactions.
Ethereum increasingly functions as “money” through its use in transaction fees, Lee wrote. Robinhood Chain, for example, now uses ETH as its native gas token.
This utility reinforces demand beyond simple price speculation, he said. Growing developer activity on Ethereum further strengthens this settlement-layer thesis.
Lee tied his long-term valuation to BitMine’s own stock performance. The company’s share price has closely tracked Ethereum’s market price.
If Ethereum fulfills its potential as “productive money,” he suggested, both assets benefit substantially. That correlation forms a key pillar of his $250,000 projection.
BitMine’s Position Behind the Long-Term Ethereum Thesis
BitMine has built the largest corporate Ethereum treasury to support this outlook. The company currently holds 5.74 million ETH, or 4.8% of supply.
BitMine intends to stay below a 5% concentration threshold going forward. This approach reflects a long-term accumulation strategy rather than short-term trading.
BitMine’s first year included launching the MAVAN validator network. It also led investment rounds in Ethereum Foundation spin-offs ETH Labs and Ethereum Institutional.
These initiatives position BitMine at the center of Ethereum’s institutional buildout. Lee frames this involvement as necessary for reaching his $250,000 target.
Near-term technical signals add support to the broader long-term view. Analysts at DeMark Analytics and Steve Suttmeier project Ethereum reaching $2,200 to $2,239 soon.
They compared current conditions to the 1987 S&P 500 pattern. Lee sees this near-term move as an early step toward his larger thesis.
Recent corporate milestones reinforce BitMine’s role in this narrative. The company completed a preferred stock offering and uplisted to the NYSE.
It also gained inclusion in the Russell 1000 index this year. Lee titled his July message “Ethereum is the Cure for the Uncanny Valley of Wealth,” urging investor patience.
The post Tom Lee: Ethereum 2.0 Could Push ETH Toward a $250,000 Long-Term Target appeared first on Blockonomi.

AlienWP, an established digital platform launched in 2013, has announced a significant expansion into comprehensive daily coverage of the casino and iGaming sectors. The website now delivers regular editorial content focused on online casino developments, industry reviews, regulatory updates, promotional offerings, and player protection initiatives, complementing its traditional digital resources portfolio.
Editorial Expansion Details
The transition to daily publication schedules enables the platform to provide consistent updates regarding the rapidly evolving online casino landscape. Coverage areas include regulatory framework modifications, licensing announcements, promotional term analyses, and comprehensive player safety resources. According to AlienWP, this enhanced publishing frequency addresses the dynamic nature of the iGaming marketplace and serves the growing demand for current, reliable industry intelligence.
This strategic pivot leverages AlienWP’s decade-long history as a digital information resource, now channeling substantial editorial capacity toward specialized iGaming sector reporting.
Parallel Platform Development
Concurrent with its expanded news operations, AlienWP maintains active development of Alien Wise Play, an independent web application engineered to assist players in evaluating online casino operators, bookmarking preferred platforms, monitoring promotional opportunities, and accessing licensing transparency. The dashboard functions strictly as an informational resource—it neither operates gaming services, handles financial transactions, nor dispenses gambling counsel.
Revenue generation for Alien Wise Play derives from affiliate marketing relationships, though the company emphasizes its player-centric design philosophy over conventional affiliate models, prioritizing transparency and responsible gaming principles throughout its architecture.
Central to the Alien Wise Play infrastructure is the proprietary Wise Play Score, an objective evaluation framework measuring casino operators across multiple dimensions including regulatory compliance, trustworthiness, payment system reliability, operational transparency, customer service quality, and player safeguarding measures. AlienWP has indicated that forthcoming iterations will integrate aggregated user feedback mechanisms and artificial intelligence-powered analytical tools while preserving editorial autonomy.
Additional details are accessible at Alien Wise Play.
Official Statement
Oliver Dale, representing AlienWP, commented: “Transitioning to a daily publication model for casino and iGaming content provides both players and industry professionals with a dependable source for current information. This editorial evolution aligns naturally with our Alien Wise Play development objectives, which center on delivering transparent, independent intelligence precisely when users require it.”
Development Roadmap
Looking ahead, AlienWP intends to sustain its daily editorial calendar while advancing Alien Wise Play functionality and refining the Wise Play Score methodology. Upcoming enhancements encompass player feedback integration systems and AI-augmented analytical capabilities, with unwavering commitment to editorial independence guiding all initiatives.
Company Background
Established in 2013, AlienWP operates as an iGaming news platform and casino information resource delivering comprehensive coverage of online casino developments, operator evaluations, regulatory frameworks, promotional offerings, responsible gaming advocacy, and sector-wide developments. The organization simultaneously advances Alien Wise Play, a user-focused comparison dashboard enabling players to evaluate casino operators, monitor promotional opportunities, and access transparent licensing and safety intelligence. Further information is available at alienwp.com.
Press Inquiries
Oliver Dale
AlienWP
Website: https://alienwp.com
The post AlienWP Launches Comprehensive Daily Coverage of Casino and iGaming Industry appeared first on Blockonomi.

TLDR:
Binance’s red team runs simulated phishing attacks on employees every month to test awareness.
Scenarios include fake recruiter outreach and free conference invites to gather personal data.
Employees who fail must complete remedial training, and repeated failures affect their ratings.
Binance has run the phishing program for three to four years, improving staff security habits.
Binance phishing tests now run every month across the exchange’s global workforce, according to chief security officer Jimmy Su.
The internal red team designs fake attacks that mimic real threats, including recruiter outreach and free conference invitations.
Employees who fail face mandatory remedial training, while repeated serious failures can affect performance ratings. Su said the program has operated for three to four years and has improved staff security habits over time.
How Binance Phishing Tests Work
The Binance phishing tests are run by the company’s red team, an internal ethical hacking unit. Their job involves breaking into systems to find weak points before outside attackers do.
Su told Cointelegraph the tests happen monthly to track improvements in staff behavior over time. “We do phishing attacks on our own employees on a monthly basis just so we understand if our security hygiene is improving,” Su said.
Scenarios vary widely and change to match current attacker methods. One simulation has red team members pose as job recruiters reaching out to employees.
Another involves offering a free conference invitation to collect personal details from unsuspecting staff members. “It could be that we are offering some kind of free conference invite just to try to collect personal information,” Su explained.
These scenarios echo real attack methods seen across the crypto industry in recent years. A well-known example is the fake Zoom update, where hackers disguise malware as a video app patch. Many of these campaigns start with a fake job offer or a partnership proposal as bait.
Su said the program began with mixed results among employees. “In the beginning, the security hygiene left a lot to be desired,” he said. After three to four years of testing, staff habits have improved across the company, he added.
Consequences And Wider Industry Context
Employees who fail Binance phishing tests must complete remedial training sessions afterward. Su said results are tied directly to performance reviews, giving staff a reason to stay alert.
“If someone repeatedly fails the phishing-simulation attack, that will negatively impact their rating,” Su said. “That’s the incentive to be vigilant.”
Repeated, serious failures can cause a rating to drop sharply over time. Such drops could eventually lead to dismissal, according to Su. The exchange treats consistent failure as a genuine security risk rather than a minor lapse.
Binance reports 323 million registered users and holds an estimated $137.7 billion in assets, per DefiLlama data. That scale makes staff-level security failures a potential entry point for major breaches. Testing employees regularly is one way the exchange tries to close that gap.
Social engineering has become a leading cause of crypto losses industry-wide. AMLBot estimated in February that 65% of 2025 security incidents stemmed from social engineering tactics. In April, Drift Protocol lost $285 million following a long-term social engineering campaign against its systems.
A separate case saw a Venus Protocol user lose roughly $13 million in September 2025 after a fake Zoom client compromised his device, though Venus later recovered $11.4 million of the stolen funds through an emergency governance vote.
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Key Takeaways
The Fed’s rate announcement, quarterly GDP figures, and PCE inflation data converge this week
Five major corporations—Microsoft, Apple, Amazon, Meta, and Visa—release quarterly earnings with AI expenditures under intense scrutiny
Recent reports from Alphabet and Tesla demonstrated that surpassing analyst expectations no longer satisfies the market
Visa’s financial performance will provide crucial insights into consumer spending patterns
Wall Street seeks concrete proof that artificial intelligence capital allocation is yielding measurable profit expansion
Wall Street is bracing for what may become one of the most consequential weeks of the summer trading season. A densely packed schedule awaits investors, featuring the Federal Reserve’s monetary policy announcement, second-quarter gross domestic product figures, and the PCE inflation metric—the central bank’s favored inflation indicator.
Adding to the intensity, four technology behemoths will unveil their quarterly results within days: Microsoft, Apple, Amazon, and Meta Platforms. Payment processing leader Visa will also disclose its financial performance.
The market has demonstrated heightened sensitivity regarding corporate artificial intelligence expenditures. Recent investor responses to Alphabet and Tesla earnings calls illustrated this shift unmistakably. Simply exceeding Wall Street forecasts proved insufficient. The market demanded tangible evidence that AI capital deployment was generating returns. When companies couldn’t demonstrate this, share prices declined.
Microsoft’s Azure Under the Microscope
Microsoft is positioned to deliver perhaps the most scrutinized earnings release of the week. Azure cloud platform revenue expansion and enterprise artificial intelligence integration will dominate analyst attention. The market is demanding clarity on whether the company’s substantial AI infrastructure investments, including its strategic OpenAI collaboration, are yielding measurable financial returns.
Should leadership demonstrate that capital expenditures are converting into profitability, it could provide momentum across the technology sector. However, if operational costs continue escalating without corresponding revenue acceleration, large-cap technology equities could face widespread pressure.
Market participants will also closely monitor Microsoft 365 Copilot penetration rates and future infrastructure investment guidance.
Apple, Amazon, Meta, and Visa: Critical Metrics to Monitor
Apple enters its earnings announcement from a comparatively stable position. Unlike several competitors, the company hasn’t dramatically expanded AI infrastructure capital allocation. Analysts will concentrate on iPhone sales momentum, services segment performance, gross profit margins, and Apple Intelligence feature updates. The central question: are AI capabilities beginning to stimulate device replacement cycles?
Given Apple’s substantial index weighting, its quarterly performance could influence broader market direction.
Amazon’s results will offer among the clearest windows into both cloud computing momentum and consumer spending behavior. AWS represents one of the largest platforms enabling AI development. Its expansion rate serves as a barometer for enterprise willingness to sustain AI investment. Retail division profitability and advertising segment growth will receive equal scrutiny.
Meta Platforms ranks among the market’s most aggressive AI investors. The social media giant is channeling billions into AI model development, infrastructure expansion, and advertising technology enhancement. Advertising revenue performance will command attention, alongside management’s strategy for monetizing AI capabilities across Facebook, Instagram, and WhatsApp. Following Alphabet’s lukewarm market reception, Meta’s report may signal how much tolerance investors retain for substantial AI spending without immediate returns.
Visa provides a contrasting perspective. Its results offer direct visibility into consumer financial health. Transaction volume trends, travel-related spending, and cross-border payment activity will be focal points. With inflation concerns and elevated interest rates persisting, Visa’s data could reveal whether consumer resilience remains intact or is beginning to deteriorate.
The post Tech Giants Face Critical Earnings Week: Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Meta (META), and Visa (V) Under Scrutiny appeared first on Blockonomi.

Key Takeaways
SoFi Technologies (SOFI) stock has declined 37% year-to-date despite Q1 2026 net income surging 134% compared to last year
The fintech company reports Q2 2026 results on July 29; consensus estimates call for $0.11 EPS and approximately $1.11 billion in revenue
The options market is anticipating a volatile reaction, with implied movement exceeding 10% following the earnings announcement
Truist’s Matthew Coad maintains a Hold rating with an $18 target, citing worries about loan platform momentum and competitive headwinds
Analyst consensus remains at Hold, though the average target of $21.20 suggests roughly 29% potential upside from present levels
SoFi Technologies (SOFI) is set to release its second-quarter 2026 financial results on July 29, with shares currently changing hands at $16.46 — reflecting a steep 37% decline since the start of the year and approximately 50% below the company’s 2026 peak.
The disconnect between share performance and operational results remains substantial.
First-quarter 2026 results featured all-time high loan originations totaling $12.18 billion, marking a 68% year-over-year increase. The company posted GAAP net income of $166.73 million, representing a 134% surge compared to the prior-year period. Operating income climbed more than 150%.
The member base expanded 35% year-over-year, while 43% of newly acquired products went to current customers — evidence that the company’s cross-selling strategy is gaining traction.
Management’s full-year outlook calls for adjusted net revenue of $4.655 billion, representing approximately 30% growth, alongside adjusted EPS of $0.60. Longer-term projections indicate a 38% to 42% compound annual growth rate in adjusted EPS through 2028.
Metrics Suggest Undervaluation
Trading at a forward price-to-earnings ratio of 28 with a PEG ratio of 0.81, SOFI’s current valuation appears compelling given its expansion trajectory. PEG ratios under 1.0 typically indicate undervaluation relative to earnings growth potential.
Street consensus targets range from $20.58 to $21.20 across various platforms — each suggesting substantial appreciation opportunity from today’s levels. The company has surpassed analyst expectations for seven straight quarters.
By way of comparison, LendingClub commands a forward P/E of 12 while posting just 12.5% year-over-year revenue growth. Upstart holds a forward P/E of 36 alongside a 4.21% profit margin and 0.9% operating margin. Neither competitor possesses a banking charter or deposit franchise.
SoFi’s 14.8% profit margin and 18.3% operating margin demonstrate superior profitability versus both competitors.
Street Sentiment Remains Measured
The prevailing Wall Street view entering the earnings release is Hold — with nine Hold ratings, six Buy recommendations, and three Sell calls.
Matthew Coad from Truist maintained his Hold stance prior to the Q2 report while lifting his price target to $18 from $17. He characterized his near-term outlook as “tactically more bearish” heading into the announcement.
Coad’s reservations encompass net interest margin compression, escalating customer acquisition expenses stemming from neobank rivalry, and possible deceleration in the Loan Platform Business given challenging year-over-year comparisons.
He additionally noted that achieving full-year guidance requires significant acceleration in the second half. Any revenue miss or spending increase could jeopardize the $0.60 EPS projection.
The options market tells a different story. The implied volatility for SOFI surrounding earnings stands at 10.45%, exceeding the stock’s typical post-earnings movement of approximately 8.5% over the previous four quarters.
Consensus estimates for Q2 call for EPS of $0.11, representing 37.5% year-over-year growth, on revenue of roughly $1.11 billion, approximately 30% higher than last year.
SoFi Technologies will announce Q2 2026 earnings before the opening bell on July 29.
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