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CryptoFrontNews (CFN) delivers the latest in cryptocurrency with real-time updates, expert analyses, and in-depth articles on digital currencies and blockchain.
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ලිපිය
Morgan Stanley Debuts Spot Ethereum and Solana ETFs With Industry-Low 0.14% FeeMorgan Stanley launched spot Ethereum and Solana ETFs on NYSE Arca with a 0.14% expense ratio. Both ETFs will pass staking rewards to investors, with the Solana fund able to stake up to 100% of its holdings. The new funds expand Morgan Stanley's digital asset lineup while offering the lowest-cost spot Ether and Solana ETFs in the U.S. Morgan Stanley Investment Management has launched the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on NYSE Arca, expanding its digital asset exchange-traded product lineup. The funds began trading on July 28 with a 0.14% expense ratio, making them the lowest-cost spot Ether and Solana ETFs in the U.S., according to analyst Nate Geraci. https://twitter.com/NateGeraci/status/2082254374332502315?s=20 New Funds Expand Crypto Lineup The new products trade under the ticker symbols MSSE and MSOL. They track the CoinDesk Ether Benchmark 4 PM NY Settlement Rate and the CoinDesk Solana Benchmark 4 PM NY Settlement Rate. According to Morgan Stanley Investment Management, the launches follow the debut of the Morgan Stanley Bitcoin Trust earlier this year. The Bitcoin fund held more than $381 million in assets under management through July 16. Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, said the additions reflect continued expansion of the firm's exchange-traded product lineup. The company now manages more than $14 billion across 22 ETF and ETP products. Staking Rewards Passed To Investors Both funds intend to stake part of their digital asset holdings. Morgan Stanley said investors will receive the staking rewards, while the firm will not retain any portion. Registration documents state the Ether fund may stake between 50% and 80% of its holdings. Meanwhile, the Solana fund may stake up to 100% of its assets through providers including Figment, Galaxy, and Coinbase Canada. The products follow Revenue Procedure 2025-31, which established a safe harbor for staking by single-asset exchange-traded products under specific conditions. Pricing Raises Competition The 0.14% expense ratio undercuts competing products. Grayscale's Mini Ethereum Trust previously carried the lowest Ether ETF fee at 0.15%, while Franklin Templeton's SOEZ charged 0.19% for a spot Solana ETF. Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, said client demand for digital assets continues growing. She added that the firm aims to provide diversified investment options while maintaining its standards for governance, infrastructure, and risk management. According to Nate Geraci, Morgan Stanley now offers the lowest-cost spot Bitcoin, Ether, and Solana ETFs in the market. The post Morgan Stanley Debuts Spot Ethereum and Solana ETFs With Industry-Low 0.14% Fee appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Morgan Stanley Debuts Spot Ethereum and Solana ETFs With Industry-Low 0.14% Fee

Morgan Stanley launched spot Ethereum and Solana ETFs on NYSE Arca with a 0.14% expense ratio.
Both ETFs will pass staking rewards to investors, with the Solana fund able to stake up to 100% of its holdings.
The new funds expand Morgan Stanley's digital asset lineup while offering the lowest-cost spot Ether and Solana ETFs in the U.S.
Morgan Stanley Investment Management has launched the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on NYSE Arca, expanding its digital asset exchange-traded product lineup. The funds began trading on July 28 with a 0.14% expense ratio, making them the lowest-cost spot Ether and Solana ETFs in the U.S., according to analyst Nate Geraci.
https://twitter.com/NateGeraci/status/2082254374332502315?s=20
New Funds Expand Crypto Lineup
The new products trade under the ticker symbols MSSE and MSOL. They track the CoinDesk Ether Benchmark 4 PM NY Settlement Rate and the CoinDesk Solana Benchmark 4 PM NY Settlement Rate.
According to Morgan Stanley Investment Management, the launches follow the debut of the Morgan Stanley Bitcoin Trust earlier this year. The Bitcoin fund held more than $381 million in assets under management through July 16.
Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, said the additions reflect continued expansion of the firm's exchange-traded product lineup. The company now manages more than $14 billion across 22 ETF and ETP products.
Staking Rewards Passed To Investors
Both funds intend to stake part of their digital asset holdings. Morgan Stanley said investors will receive the staking rewards, while the firm will not retain any portion.
Registration documents state the Ether fund may stake between 50% and 80% of its holdings. Meanwhile, the Solana fund may stake up to 100% of its assets through providers including Figment, Galaxy, and Coinbase Canada.
The products follow Revenue Procedure 2025-31, which established a safe harbor for staking by single-asset exchange-traded products under specific conditions.
Pricing Raises Competition
The 0.14% expense ratio undercuts competing products. Grayscale's Mini Ethereum Trust previously carried the lowest Ether ETF fee at 0.15%, while Franklin Templeton's SOEZ charged 0.19% for a spot Solana ETF.
Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, said client demand for digital assets continues growing. She added that the firm aims to provide diversified investment options while maintaining its standards for governance, infrastructure, and risk management.
According to Nate Geraci, Morgan Stanley now offers the lowest-cost spot Bitcoin, Ether, and Solana ETFs in the market.
The post Morgan Stanley Debuts Spot Ethereum and Solana ETFs With Industry-Low 0.14% Fee appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Tether Partners With Nairobi Securities Exchange to Explore Blockchain and Tokenization In Kenya Tether and the Nairobi Securities Exchange will explore blockchain, tokenization, and digital asset education for investors and brokers. The partnership will assess tokenized securities, faster settlement, and fractional ownership using Tether's Hadron platform. The initiative supports the NSE's technology strategy while examining blockchain infrastructure under Kenya's regulatory framework. Tether has signed a memorandum of understanding with the Nairobi Securities Exchange to explore blockchain technology, tokenization, and digital asset education in Kenya. The agreement, announced by both organizations, also examines faster securities settlement and broader investor access through blockchain-based infrastructure, while aligning with the exchange's technology strategy. Education And Tokenization  According to Tether, the partnership will begin with investor education programs targeting NSE-listed brokers and retail investor groups. The initiative includes workshops, training sessions, and structured learning focused on capital markets in the digital era. Meanwhile, the companies also plan to study blockchain-based market infrastructure. The proposal covers tokenization, instant settlement, and fractional ownership of securities through Tether's Hadron platform. Additionally, both organizations intend to develop onboarding processes tailored to Kenya's regulatory framework. The proposed model aims to streamline Anti-Money Laundering and Know Your Customer procedures. Focus Turns To Market Infrastructure The agreement also explores Real World Asset tokenization using the Hadron platform. According to Tether, the project would examine issuing and trading tokenized securities and other financial instruments. Furthermore, the companies will assess blockchain-based settlement mechanisms designed to reduce the exchange's existing three-level settlement cycle. They will also evaluate whether USDT could serve as a digital settlement layer where regulations permit. The Nairobi Securities Exchange, founded in 1954, has a market capitalization of about $26.4 billion. The exchange provides trading in equities, debt securities, and derivatives, while supporting local and international investors. Executives Outline Partnership Goals Tether Chief Executive Officer Paolo Ardoino said digital asset use cases continue expanding beyond cryptocurrency into institutional finance. He added that the collaboration focuses on improving operational efficiency while supporting transparency, accountability, and data privacy. Nairobi Securities Exchange Chief Executive Officer Frank Mwiti said the agreement supports the exchange's 2025-2029 strategic plan. According to Mwiti, the partnership will examine technologies that could modernize market infrastructure, improve operational efficiency, and expand investor access while maintaining regulatory compliance and market integrity. The post Tether Partners With Nairobi Securities Exchange to Explore Blockchain and Tokenization In Kenya  appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Tether Partners With Nairobi Securities Exchange to Explore Blockchain and Tokenization In Kenya 

Tether and the Nairobi Securities Exchange will explore blockchain, tokenization, and digital asset education for investors and brokers.
The partnership will assess tokenized securities, faster settlement, and fractional ownership using Tether's Hadron platform.
The initiative supports the NSE's technology strategy while examining blockchain infrastructure under Kenya's regulatory framework.
Tether has signed a memorandum of understanding with the Nairobi Securities Exchange to explore blockchain technology, tokenization, and digital asset education in Kenya. The agreement, announced by both organizations, also examines faster securities settlement and broader investor access through blockchain-based infrastructure, while aligning with the exchange's technology strategy.
Education And Tokenization
According to Tether, the partnership will begin with investor education programs targeting NSE-listed brokers and retail investor groups. The initiative includes workshops, training sessions, and structured learning focused on capital markets in the digital era.
Meanwhile, the companies also plan to study blockchain-based market infrastructure. The proposal covers tokenization, instant settlement, and fractional ownership of securities through Tether's Hadron platform.
Additionally, both organizations intend to develop onboarding processes tailored to Kenya's regulatory framework. The proposed model aims to streamline Anti-Money Laundering and Know Your Customer procedures.
Focus Turns To Market Infrastructure
The agreement also explores Real World Asset tokenization using the Hadron platform. According to Tether, the project would examine issuing and trading tokenized securities and other financial instruments.
Furthermore, the companies will assess blockchain-based settlement mechanisms designed to reduce the exchange's existing three-level settlement cycle. They will also evaluate whether USDT could serve as a digital settlement layer where regulations permit.
The Nairobi Securities Exchange, founded in 1954, has a market capitalization of about $26.4 billion. The exchange provides trading in equities, debt securities, and derivatives, while supporting local and international investors.
Executives Outline Partnership Goals
Tether Chief Executive Officer Paolo Ardoino said digital asset use cases continue expanding beyond cryptocurrency into institutional finance. He added that the collaboration focuses on improving operational efficiency while supporting transparency, accountability, and data privacy.
Nairobi Securities Exchange Chief Executive Officer Frank Mwiti said the agreement supports the exchange's 2025-2029 strategic plan. According to Mwiti, the partnership will examine technologies that could modernize market infrastructure, improve operational efficiency, and expand investor access while maintaining regulatory compliance and market integrity.
The post Tether Partners With Nairobi Securities Exchange to Explore Blockchain and Tokenization In Kenya appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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Crypto Industry Urges Senate to Advance CLARITY Act Before August RecessIndustry leaders urged the Senate to advance the Clarity Act before the August recess as legislative time continues to shrink. Kristin Smith said the bill would strengthen consumer protections, bankruptcy rules, and regulatory clarity for digital assets. Eleanor Terrett reported a Senate vote is now more likely next week as other legislation takes priority. The Senate faces mounting pressure to advance the Clarity Act before the August recess as industry leaders warn that limited legislative time could delay the bill. Kristin Smith, President of Solana Institute, urged lawmakers to move quickly, while journalist Eleanor Terrett reported that hopes for a Senate vote this week have faded because other legislation is taking priority. Legislative Calendar Draws Fresh Attention Smith said the crypto industry is closer to securing the Clarity Act than at any previous point. According to her, only a small number of issues remain after thousands of hours of work by Senate staff, lawmakers, and the White House. However, she argued that the legislative calendar now presents the biggest obstacle. Smith noted that standalone bills consume significant Senate floor time through multiple procedural votes. She also pointed to the GENIUS Act, which spent about four weeks on the Senate floor before passage. According to Smith, the Clarity Act must move faster because September will bring government funding deadlines and the National Defense Authorization Act. October, meanwhile, includes the election schedule, followed by a traditionally uncertain lame-duck session. Consumer Protection Remains Central Smith said the legislation would introduce federal registration requirements, customer fund segregation, disclosure standards, and bankruptcy protections. She added that those safeguards were absent during the FTX collapse, which left an estimated $8 billion shortfall in customer funds. Additionally, Smith said the bill would provide law enforcement with clearer authority, expanded training, and stronger coordination with the industry. She also highlighted that the legislation includes the Blockchain Regulatory Certainty Act, which protects developers building non-custodial software from being treated as money transmitters. Senate Focus Shifts to Next Week Meanwhile, Terrett reported that Senate Majority Leader John Thune is now unlikely to hold a cloture vote this week. According to her, Senate rules required filing the motion earlier to enable a Thursday vote. Instead, attention has shifted to next week because the Russia-Iran sanctions bill is expected to receive priority. Terrett added that industry participants consider it essential for Senate leadership to begin the cloture process before lawmakers leave for the August recess. The post Crypto Industry Urges Senate to Advance CLARITY Act Before August Recess appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Crypto Industry Urges Senate to Advance CLARITY Act Before August Recess

Industry leaders urged the Senate to advance the Clarity Act before the August recess as legislative time continues to shrink.
Kristin Smith said the bill would strengthen consumer protections, bankruptcy rules, and regulatory clarity for digital assets.
Eleanor Terrett reported a Senate vote is now more likely next week as other legislation takes priority.
The Senate faces mounting pressure to advance the Clarity Act before the August recess as industry leaders warn that limited legislative time could delay the bill. Kristin Smith, President of Solana Institute, urged lawmakers to move quickly, while journalist Eleanor Terrett reported that hopes for a Senate vote this week have faded because other legislation is taking priority.
Legislative Calendar Draws Fresh Attention
Smith said the crypto industry is closer to securing the Clarity Act than at any previous point. According to her, only a small number of issues remain after thousands of hours of work by Senate staff, lawmakers, and the White House.
However, she argued that the legislative calendar now presents the biggest obstacle. Smith noted that standalone bills consume significant Senate floor time through multiple procedural votes.
She also pointed to the GENIUS Act, which spent about four weeks on the Senate floor before passage. According to Smith, the Clarity Act must move faster because September will bring government funding deadlines and the National Defense Authorization Act. October, meanwhile, includes the election schedule, followed by a traditionally uncertain lame-duck session.
Consumer Protection Remains Central
Smith said the legislation would introduce federal registration requirements, customer fund segregation, disclosure standards, and bankruptcy protections. She added that those safeguards were absent during the FTX collapse, which left an estimated $8 billion shortfall in customer funds.
Additionally, Smith said the bill would provide law enforcement with clearer authority, expanded training, and stronger coordination with the industry. She also highlighted that the legislation includes the Blockchain Regulatory Certainty Act, which protects developers building non-custodial software from being treated as money transmitters.
Senate Focus Shifts to Next Week
Meanwhile, Terrett reported that Senate Majority Leader John Thune is now unlikely to hold a cloture vote this week. According to her, Senate rules required filing the motion earlier to enable a Thursday vote.
Instead, attention has shifted to next week because the Russia-Iran sanctions bill is expected to receive priority. Terrett added that industry participants consider it essential for Senate leadership to begin the cloture process before lawmakers leave for the August recess.
The post Crypto Industry Urges Senate to Advance CLARITY Act Before August Recess appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Coinbase Urges Federal Reserve to Expand Payment Account Access for Crypto FirmsCoinbase asked the Federal Reserve to allow interest on payment account balances and tailor limits to operational payment needs. The company urged regulators to focus oversight on cybersecurity, resilience, and compliance rather than traditional banking risks. Coinbase also backed the CFTC's proposed framework to clarify how prediction market contracts should be regulated. Coinbase has asked the Federal Reserve to revise its proposed payment account framework, arguing the current structure would limit practical use for non-bank financial firms. According to Chief Policy Officer Faryar Shirzad, the company submitted comment letters this week urging the Fed to expand access, allow interest on balances, and adopt oversight based on actual operational risks. Coinbase Calls For Three Key Changes According to Shirzad, Coinbase supports the Federal Reserve's effort to modernize the U.S. payment system. However, the company said three changes are necessary before the proposal can work effectively. First, Coinbase urged the Fed to allow payment accounts to earn interest on at least part of their balances. The company said interest would improve the commercial viability of the accounts for payment providers. Second, Coinbase asked regulators to tailor overnight balance limits to each institution's demonstrated payment needs. According to the company, fixed balance caps could restrict normal payment operations. Third, Coinbase said supervisory requirements should focus on the actual risks presented by payment accounts. The company argued that oversight should primarily address cybersecurity, operational resilience, and compliance instead of traditional banking risks. Company Points To Global Payment Systems Coinbase also compared the proposal with payment frameworks adopted in other jurisdictions. According to the company, the United Kingdom, the European Union, Brazil, and India already provide some level of central bank payment system access to non-bank institutions. The Federal Reserve proposed limited-purpose payment and master accounts in May 2026 for crypto firms and other non-bank companies. However, the proposal excluded interest on balances and intraday credit, two features Coinbase identified as important for day-to-day payment operations. Separate Filing Supports Regulatory Clarity Separately, Coinbase also submitted comments to the Commodity Futures Trading Commission regarding proposed prediction market rules. In a letter dated July 27, Chief Policy Officer Faryar Shirzad said the company supports the agency's effort to clarify how event contracts should be evaluated under the Commodity Exchange Act. According to the filing, Coinbase welcomed the proposal's separate review of whether an event contract involves an enumerated activity and whether it serves the public interest. The company said it looks forward to continuing discussions with the CFTC as the rulemaking process advances. The post Coinbase Urges Federal Reserve to Expand Payment Account Access for Crypto Firms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Coinbase Urges Federal Reserve to Expand Payment Account Access for Crypto Firms

Coinbase asked the Federal Reserve to allow interest on payment account balances and tailor limits to operational payment needs.
The company urged regulators to focus oversight on cybersecurity, resilience, and compliance rather than traditional banking risks.
Coinbase also backed the CFTC's proposed framework to clarify how prediction market contracts should be regulated.
Coinbase has asked the Federal Reserve to revise its proposed payment account framework, arguing the current structure would limit practical use for non-bank financial firms. According to Chief Policy Officer Faryar Shirzad, the company submitted comment letters this week urging the Fed to expand access, allow interest on balances, and adopt oversight based on actual operational risks.
Coinbase Calls For Three Key Changes
According to Shirzad, Coinbase supports the Federal Reserve's effort to modernize the U.S. payment system. However, the company said three changes are necessary before the proposal can work effectively.
First, Coinbase urged the Fed to allow payment accounts to earn interest on at least part of their balances. The company said interest would improve the commercial viability of the accounts for payment providers.
Second, Coinbase asked regulators to tailor overnight balance limits to each institution's demonstrated payment needs. According to the company, fixed balance caps could restrict normal payment operations.
Third, Coinbase said supervisory requirements should focus on the actual risks presented by payment accounts. The company argued that oversight should primarily address cybersecurity, operational resilience, and compliance instead of traditional banking risks.
Company Points To Global Payment Systems
Coinbase also compared the proposal with payment frameworks adopted in other jurisdictions. According to the company, the United Kingdom, the European Union, Brazil, and India already provide some level of central bank payment system access to non-bank institutions.
The Federal Reserve proposed limited-purpose payment and master accounts in May 2026 for crypto firms and other non-bank companies. However, the proposal excluded interest on balances and intraday credit, two features Coinbase identified as important for day-to-day payment operations.
Separate Filing Supports Regulatory Clarity
Separately, Coinbase also submitted comments to the Commodity Futures Trading Commission regarding proposed prediction market rules. In a letter dated July 27, Chief Policy Officer Faryar Shirzad said the company supports the agency's effort to clarify how event contracts should be evaluated under the Commodity Exchange Act.
According to the filing, Coinbase welcomed the proposal's separate review of whether an event contract involves an enumerated activity and whether it serves the public interest. The company said it looks forward to continuing discussions with the CFTC as the rulemaking process advances.
The post Coinbase Urges Federal Reserve to Expand Payment Account Access for Crypto Firms appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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ARK Invest Says Crypto Consolidation Will Bring More Mergers, Bankruptcies and ShutdownsARK Invest said capital is becoming more selective, driving mergers, shutdowns, bankruptcies, and acquisitions across the crypto industry. Lorenzo Valente said Hyperliquid, Pump.fun, and Ethena now capture nearly 80% of crypto application revenue. Recent closures, exchange wind-downs, and acquisitions highlight growing consolidation across crypto infrastructure and trading platforms. The crypto industry is entering its deepest consolidation phase, according to ARK Invest Director of Digital Assets Research Lorenzo Valente. He said capital has become more selective, forcing projects and exchanges without product-market fit to exit the market. Valente also expects mergers, bankruptcy filings, shutdowns, and talent acquisitions to increase over the coming months as revenue concentrates among fewer companies. Revenue Concentrates Across Crypto Sectors According to Valente, revenue concentration has reached record levels across crypto applications, middleware, and Layer 1 networks. He said Hyperliquid and Pump.fun now generate 67% of total application revenue. Adding Ethena raises the combined share to nearly 80%, according to Valente. He said the market structure has changed, with a small group of projects capturing most economic activity. ARK Invest's first-quarter 2026 DeFi report also highlighted concentration across applications. The report showed Hyperliquid, Pump.fun, and Axiom generated roughly 67% of tracked application revenue through March 31, although those figures cover an earlier reporting period. Closures And Acquisitions Continue Valente said the next phase of consolidation will likely include more mergers, Chapter 11 filings, project closures, and acqui-hires. He added that stronger companies are increasingly positioned to absorb distressed competitors. Recent developments reflect that trend across several market segments. Storj Labs entered voluntary Chapter 11 proceedings on July 26 while continuing network operations under court supervision. Meanwhile, BitMEX announced it will close its exchange on Sept. 23 following a strategic review by parent company HDR Global Trading. BitMart also began winding down operations after suspending new registrations and deposits on July 26. RootData's 2026 archive lists 99 projects that have closed, entered bankruptcy, or remained inactive for extended periods. The database includes several categories of project failures rather than bankruptcies alone. Infrastructure Deals Gain Momentum Consolidation has also expanded through acquisitions. On July 27, Payward, Kraken's parent company, agreed to acquire Magic Labs' wallet-as-a-service business. According to the companies, the platform has supported more than 60 million wallets, over $10 billion in stablecoin volume, and about 200,000 developers. Financial terms were not disclosed, and the companies expect the transaction to close within weeks, subject to customary conditions. The post ARK Invest Says Crypto Consolidation Will Bring More Mergers, Bankruptcies and Shutdowns appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

ARK Invest Says Crypto Consolidation Will Bring More Mergers, Bankruptcies and Shutdowns

ARK Invest said capital is becoming more selective, driving mergers, shutdowns, bankruptcies, and acquisitions across the crypto industry.
Lorenzo Valente said Hyperliquid, Pump.fun, and Ethena now capture nearly 80% of crypto application revenue.
Recent closures, exchange wind-downs, and acquisitions highlight growing consolidation across crypto infrastructure and trading platforms.
The crypto industry is entering its deepest consolidation phase, according to ARK Invest Director of Digital Assets Research Lorenzo Valente. He said capital has become more selective, forcing projects and exchanges without product-market fit to exit the market. Valente also expects mergers, bankruptcy filings, shutdowns, and talent acquisitions to increase over the coming months as revenue concentrates among fewer companies.
Revenue Concentrates Across Crypto Sectors
According to Valente, revenue concentration has reached record levels across crypto applications, middleware, and Layer 1 networks. He said Hyperliquid and Pump.fun now generate 67% of total application revenue.
Adding Ethena raises the combined share to nearly 80%, according to Valente. He said the market structure has changed, with a small group of projects capturing most economic activity.
ARK Invest's first-quarter 2026 DeFi report also highlighted concentration across applications. The report showed Hyperliquid, Pump.fun, and Axiom generated roughly 67% of tracked application revenue through March 31, although those figures cover an earlier reporting period.
Closures And Acquisitions Continue
Valente said the next phase of consolidation will likely include more mergers, Chapter 11 filings, project closures, and acqui-hires. He added that stronger companies are increasingly positioned to absorb distressed competitors.
Recent developments reflect that trend across several market segments. Storj Labs entered voluntary Chapter 11 proceedings on July 26 while continuing network operations under court supervision.
Meanwhile, BitMEX announced it will close its exchange on Sept. 23 following a strategic review by parent company HDR Global Trading. BitMart also began winding down operations after suspending new registrations and deposits on July 26.
RootData's 2026 archive lists 99 projects that have closed, entered bankruptcy, or remained inactive for extended periods. The database includes several categories of project failures rather than bankruptcies alone.
Infrastructure Deals Gain Momentum
Consolidation has also expanded through acquisitions. On July 27, Payward, Kraken's parent company, agreed to acquire Magic Labs' wallet-as-a-service business.
According to the companies, the platform has supported more than 60 million wallets, over $10 billion in stablecoin volume, and about 200,000 developers. Financial terms were not disclosed, and the companies expect the transaction to close within weeks, subject to customary conditions.
The post ARK Invest Says Crypto Consolidation Will Bring More Mergers, Bankruptcies and Shutdowns appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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XRP Holds Breakout Structure Despite 24H PullbackXRP preserved its confirmed breakout structure despite a 4.8% daily decline, with former resistance continuing to attract buyer interest. Despite declining spot prices and increased overall market risk, futures activity continues to be focused across the major exchanges. XRP traded near $1.05 after a 9.96% breakout rally, while technical support remains the primary level traders continue monitoring. XRP breakout remains the central market theme as traders assess whether recent weakness represents routine consolidation following a confirmed technical breakout rather than a broader reversal. Breakout Confirmation Keeps Technical Structure Intact Alpha Crypto Signal shared a follow-up update after the earlier breakout succeeded. The analyst reported the 4-hour ascending triangle reached its projected objective. Price reclaimed horizontal resistance before confirming it as fresh support. Source: X The measured advance reached approximately 9.96% from the breakout zone. That move matched the projected target displayed on the original chart. The rally validated the earlier technical setup without requiring immediate continuation. After reaching local highs, momentum gradually cooled across subsequent sessions. Profit-taking emerged near the upper resistance region. Even so, the broader breakout structure remained technically unchanged. The analyst stated constructive conditions continue while breakout support remains intact. That support now represents the primary technical reference. Traders continue monitoring whether buyers defend the reclaimed level. XRP Faces Short-Term Selling Pressure The 24-hour market data as of the time of writing, reflects temporary selling across the session. XRP opened at $1.05 and lost 4.8% in the period. The session opened closer to $1.11 before sellers strengthened control. Source: Coingecko Selling accelerated after price slipped beneath the $1.08 region. That breakdown produced the sharpest decline of the trading day. Price later stabilized around the $1.05 support area. Volatility moderated after the afternoon decline completed. XRP entered a relatively narrow consolidation range afterward. Buyers absorbed additional selling without producing a sustained recovery. Immediate resistance now appears around $1.08 before extending toward $1.11. Meanwhile, support continues developing near $1.05. These nearby levels define the current short-term trading structure. Derivatives Activity Signals Continued Market Participation Exchange statistics show derivatives participation remains broadly distributed across leading platforms. Binance continues leading XRP open interest among tracked exchanges. Other major venues also maintain substantial leveraged exposure. Spot trading activity remains concentrated on Binance and CME. Additional liquidity comes from OKX, Bitget, and several established exchanges. This distribution reflects participation across institutional and retail markets. Historical volume data also provides important market context. The largest trading spikes accompanied XRP's powerful rally above previous price levels. Trading activity later normalized as prices retraced from higher valuations. Futures trade counts remain elevated across several exchanges despite recent weakness. Binance records the highest transaction volume among monitored venues. Together, the exchange statistics indicate XRP continues attracting active participation while technical support remains the principal level traders continue watching. The post XRP Holds Breakout Structure Despite 24H Pullback appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

XRP Holds Breakout Structure Despite 24H Pullback

XRP preserved its confirmed breakout structure despite a 4.8% daily decline, with former resistance continuing to attract buyer interest.
Despite declining spot prices and increased overall market risk, futures activity continues to be focused across the major exchanges.
XRP traded near $1.05 after a 9.96% breakout rally, while technical support remains the primary level traders continue monitoring.
XRP breakout remains the central market theme as traders assess whether recent weakness represents routine consolidation following a confirmed technical breakout rather than a broader reversal.
Breakout Confirmation Keeps Technical Structure Intact
Alpha Crypto Signal shared a follow-up update after the earlier breakout succeeded. The analyst reported the 4-hour ascending triangle reached its projected objective. Price reclaimed horizontal resistance before confirming it as fresh support.
Source: X
The measured advance reached approximately 9.96% from the breakout zone. That move matched the projected target displayed on the original chart. The rally validated the earlier technical setup without requiring immediate continuation.
After reaching local highs, momentum gradually cooled across subsequent sessions. Profit-taking emerged near the upper resistance region. Even so, the broader breakout structure remained technically unchanged.
The analyst stated constructive conditions continue while breakout support remains intact. That support now represents the primary technical reference. Traders continue monitoring whether buyers defend the reclaimed level.
XRP Faces Short-Term Selling Pressure
The 24-hour market data as of the time of writing, reflects temporary selling across the session. XRP opened at $1.05 and lost 4.8% in the period. The session opened closer to $1.11 before sellers strengthened control.
Source: Coingecko
Selling accelerated after price slipped beneath the $1.08 region. That breakdown produced the sharpest decline of the trading day. Price later stabilized around the $1.05 support area.
Volatility moderated after the afternoon decline completed. XRP entered a relatively narrow consolidation range afterward. Buyers absorbed additional selling without producing a sustained recovery.
Immediate resistance now appears around $1.08 before extending toward $1.11. Meanwhile, support continues developing near $1.05. These nearby levels define the current short-term trading structure.
Derivatives Activity Signals Continued Market Participation
Exchange statistics show derivatives participation remains broadly distributed across leading platforms. Binance continues leading XRP open interest among tracked exchanges. Other major venues also maintain substantial leveraged exposure.
Spot trading activity remains concentrated on Binance and CME. Additional liquidity comes from OKX, Bitget, and several established exchanges. This distribution reflects participation across institutional and retail markets.
Historical volume data also provides important market context. The largest trading spikes accompanied XRP's powerful rally above previous price levels. Trading activity later normalized as prices retraced from higher valuations.
Futures trade counts remain elevated across several exchanges despite recent weakness. Binance records the highest transaction volume among monitored venues. Together, the exchange statistics indicate XRP continues attracting active participation while technical support remains the principal level traders continue watching.
The post XRP Holds Breakout Structure Despite 24H Pullback appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
CLARITY Act Gains Wall Street MomentumThe CLARITY Act attracts backing from major financial institutions managing over $30 trillion in combined assets before Congress' August recess. Industry optimism grows after Mike Novogratz predicts the CLARITY Act can pass through a limited ethics compromise in Congress. Clear SEC and CFTC responsibilities could encourage broader institutional participation across digital asset markets and blockchain infrastructure. CLARITY Act discussions continue accelerating as major financial institutions and industry leaders support clearer digital asset regulations before Congress considers the legislation ahead of its August recess. Institutional Support Strengthens Legislative Momentum Whale Factor reported growing institutional support surrounding the CLARITY Act. The discussion focused on regulatory clarity instead of individual cryptocurrency performance. Five major financial firms were identified as supporters. https://twitter.com/WhaleFactor/status/2081574613419532433?s=20 This included BlackRock, Fidelity, Goldman Sachs, Charles Schwab and Grayscale. The two companies combined manage over $30 trillion in assets. They are taking part as a sign of the growing institutional involvement in digital asset regulation. The tweet noted that regulatory certainty remains a priority for traditional finance. Clear jurisdiction between the SEC and CFTC remains a central objective. Large institutions generally favor predictable compliance standards before expanding market participation. The legislative timeline also adds importance to ongoing negotiations. Congress is approaching its August recess. Market participants continue monitoring developments before lawmakers pause regular sessions. Regulatory Framework Draws Broad Industry Attention The discussion extends beyond cryptocurrency prices or trading activity. Instead, attention centers on long-term market infrastructure. Regulatory clarity remains the dominant theme throughout the debate. Supporters believe separating SEC and CFTC responsibilities would simplify compliance. Clear rules may assist product development across multiple blockchain sectors. Custody, tokenization, lending, and investment products could benefit from standardized oversight. Traditional financial institutions often require established legal frameworks before allocating capital. Pension and insurance companies and sovereign wealth funds typically have compliance conditions that are rigorous. Regulatory certainty may reduce barriers affecting future participation. The institutional backing described by Whale Factor does not determine legislative outcomes. Congress still controls the bill's progress through negotiations. Final provisions may also change before any legislation reaches completion. Novogratz Sees Path Toward Final Agreement CryptosRus later shared comments from Galaxy Digital CEO Mike Novogratz. He expressed confidence that the CLARITY Act will ultimately pass. His outlook centered on resolving remaining ethics concerns. https://twitter.com/CryptosR_Us/status/2081650798812172291?s=20 According to Novogratz, a limited compromise could satisfy both parties. State attorneys general would reportedly lose authority to sue lawmakers directly. However, they could still challenge the Department of Justice over enforcement matters. His proposal reflects negotiations focused on procedural details rather than broader crypto policy. The remaining discussions appear directed toward governance provisions. That marks a different stage from earlier debates surrounding regulatory jurisdiction. The broader digital asset industry continues watching congressional negotiations closely. Clearer regulations would allow more institutions to participate in the future, according to supporters. The CLARITY Act is still in negotiation, as it has been until the lawmakers finish the process. The post CLARITY Act Gains Wall Street Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

CLARITY Act Gains Wall Street Momentum

The CLARITY Act attracts backing from major financial institutions managing over $30 trillion in combined assets before Congress' August recess.
Industry optimism grows after Mike Novogratz predicts the CLARITY Act can pass through a limited ethics compromise in Congress.
Clear SEC and CFTC responsibilities could encourage broader institutional participation across digital asset markets and blockchain infrastructure.
CLARITY Act discussions continue accelerating as major financial institutions and industry leaders support clearer digital asset regulations before Congress considers the legislation ahead of its August recess.
Institutional Support Strengthens Legislative Momentum
Whale Factor reported growing institutional support surrounding the CLARITY Act. The discussion focused on regulatory clarity instead of individual cryptocurrency performance. Five major financial firms were identified as supporters.
https://twitter.com/WhaleFactor/status/2081574613419532433?s=20
This included BlackRock, Fidelity, Goldman Sachs, Charles Schwab and Grayscale. The two companies combined manage over $30 trillion in assets. They are taking part as a sign of the growing institutional involvement in digital asset regulation.
The tweet noted that regulatory certainty remains a priority for traditional finance. Clear jurisdiction between the SEC and CFTC remains a central objective. Large institutions generally favor predictable compliance standards before expanding market participation.
The legislative timeline also adds importance to ongoing negotiations. Congress is approaching its August recess. Market participants continue monitoring developments before lawmakers pause regular sessions.
Regulatory Framework Draws Broad Industry Attention
The discussion extends beyond cryptocurrency prices or trading activity. Instead, attention centers on long-term market infrastructure. Regulatory clarity remains the dominant theme throughout the debate.
Supporters believe separating SEC and CFTC responsibilities would simplify compliance. Clear rules may assist product development across multiple blockchain sectors. Custody, tokenization, lending, and investment products could benefit from standardized oversight.
Traditional financial institutions often require established legal frameworks before allocating capital. Pension and insurance companies and sovereign wealth funds typically have compliance conditions that are rigorous. Regulatory certainty may reduce barriers affecting future participation.
The institutional backing described by Whale Factor does not determine legislative outcomes. Congress still controls the bill's progress through negotiations. Final provisions may also change before any legislation reaches completion.
Novogratz Sees Path Toward Final Agreement
CryptosRus later shared comments from Galaxy Digital CEO Mike Novogratz. He expressed confidence that the CLARITY Act will ultimately pass. His outlook centered on resolving remaining ethics concerns.
https://twitter.com/CryptosR_Us/status/2081650798812172291?s=20
According to Novogratz, a limited compromise could satisfy both parties. State attorneys general would reportedly lose authority to sue lawmakers directly. However, they could still challenge the Department of Justice over enforcement matters.
His proposal reflects negotiations focused on procedural details rather than broader crypto policy. The remaining discussions appear directed toward governance provisions. That marks a different stage from earlier debates surrounding regulatory jurisdiction.
The broader digital asset industry continues watching congressional negotiations closely. Clearer regulations would allow more institutions to participate in the future, according to supporters. The CLARITY Act is still in negotiation, as it has been until the lawmakers finish the process.
The post CLARITY Act Gains Wall Street Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Bitmine Buys Another 9,946 ETH, Expands Crypto Treasury to $11.8 BillionBitmine purchased 9,946 ETH, raising its Ethereum holdings to 5.79 million ETH valued at about $11.3 billion. The company expanded share repurchases to 11.6 million shares while maintaining weekly Ethereum purchases since June 2025. Bitmine has staked 85% of its ETH holdings, projecting annualized staking rewards of up to $299 million. Bitmine Immersion Technologies announced it purchased another 9,946 ETH during the past week, lifting its total crypto, cash, and investment holdings to $11.8 billion. According to the company, the latest purchase extends its weekly Ethereum buying streak since launching its ETH Treasury Strategy on June 30, 2025. The update also included larger stock repurchases and expanded staking activity. Ethereum Holdings Continue To Grow According to Bitmine, its treasury now holds 5,787,414 ETH valued at about $11.3 billion using Coinbase's quoted price of $1,948 per ETH. The company also owns 208 Bitcoin alongside $268 million in cash and marketable securities. The portfolio also includes a $180 million stake in Beast Industries and a $61 million investment in Eightco Holdings. Together, those positions contribute to the company's reported holdings of $11.8 billion. Bitmine said its Ethereum balance represents about 4.8% of the network's 120.7 million ETH supply. Chairman Tom Lee said the company has added Ethereum every week since introducing its treasury strategy last year. Share Buybacks And Price Targets Alongside the latest acquisition, Bitmine increased its common stock repurchases. The company bought back 6.1 million shares during the past week after repurchasing 5.5 million shares the previous week. According to Lee, Bitmine has repurchased 11.6 million shares since July 1, 2026, under its previously authorized $4 billion buyback program. He added that the company increased repurchases after the ETH-to-Bitcoin ratio reached a three-month high despite lower expectations for the Clarity Act in 2026. Lee also said Ethereum recently reached a 10-week price high. He added that advisor Tom DeMark of DeMark Analytics identified $2,000 and $2,500 as near-term price levels if current comparisons continue. Staking Operations Expand Through MAVAN Earlier this year, Bitmine launched the Made in American VAlidator Network, known as MAVAN, to support institutional Ethereum staking. According to the company, 4,917,189 ETH, or about 85% of its holdings, are already staked. Bitmine projected annualized staking rewards of $299 million once all Ethereum moves onto MAVAN and partner platforms. The company also estimated current annualized staking revenue at $254 million based on a 2.65% seven-day staking yield. The post Bitmine Buys Another 9,946 ETH, Expands Crypto Treasury to $11.8 Billion appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitmine Buys Another 9,946 ETH, Expands Crypto Treasury to $11.8 Billion

Bitmine purchased 9,946 ETH, raising its Ethereum holdings to 5.79 million ETH valued at about $11.3 billion.
The company expanded share repurchases to 11.6 million shares while maintaining weekly Ethereum purchases since June 2025.
Bitmine has staked 85% of its ETH holdings, projecting annualized staking rewards of up to $299 million.
Bitmine Immersion Technologies announced it purchased another 9,946 ETH during the past week, lifting its total crypto, cash, and investment holdings to $11.8 billion. According to the company, the latest purchase extends its weekly Ethereum buying streak since launching its ETH Treasury Strategy on June 30, 2025. The update also included larger stock repurchases and expanded staking activity.
Ethereum Holdings Continue To Grow
According to Bitmine, its treasury now holds 5,787,414 ETH valued at about $11.3 billion using Coinbase's quoted price of $1,948 per ETH. The company also owns 208 Bitcoin alongside $268 million in cash and marketable securities.
The portfolio also includes a $180 million stake in Beast Industries and a $61 million investment in Eightco Holdings. Together, those positions contribute to the company's reported holdings of $11.8 billion.
Bitmine said its Ethereum balance represents about 4.8% of the network's 120.7 million ETH supply. Chairman Tom Lee said the company has added Ethereum every week since introducing its treasury strategy last year.
Share Buybacks And Price Targets
Alongside the latest acquisition, Bitmine increased its common stock repurchases. The company bought back 6.1 million shares during the past week after repurchasing 5.5 million shares the previous week.
According to Lee, Bitmine has repurchased 11.6 million shares since July 1, 2026, under its previously authorized $4 billion buyback program. He added that the company increased repurchases after the ETH-to-Bitcoin ratio reached a three-month high despite lower expectations for the Clarity Act in 2026.
Lee also said Ethereum recently reached a 10-week price high. He added that advisor Tom DeMark of DeMark Analytics identified $2,000 and $2,500 as near-term price levels if current comparisons continue.
Staking Operations Expand Through MAVAN
Earlier this year, Bitmine launched the Made in American VAlidator Network, known as MAVAN, to support institutional Ethereum staking. According to the company, 4,917,189 ETH, or about 85% of its holdings, are already staked.
Bitmine projected annualized staking rewards of $299 million once all Ethereum moves onto MAVAN and partner platforms. The company also estimated current annualized staking revenue at $254 million based on a 2.65% seven-day staking yield.
The post Bitmine Buys Another 9,946 ETH, Expands Crypto Treasury to $11.8 Billion appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
සත්යායනය කළ
ලිපිය
Circle Acquires IBM Patents to Expand Blockchain PortfolioCircle acquired over 680 blockchain patent families from IBM, becoming the largest blockchain patent holder in the United States. The patents strengthen Circle's technology across USDC, payments, enterprise blockchain, and onchain financial infrastructure. The acquisition expands Circle's intellectual property as competition in the stablecoin and blockchain infrastructure market intensifies. Circle Internet Group announced Monday that it acquired key assets from IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide. According to Circle, the transaction makes it the largest blockchain patent holder in the United States and strengthens the technology behind USDC, Circle Payments Network, Arc, and its onchain financial infrastructure. Patent Deal Expands Circle's Technology Portfolio According to Circle, the acquired patents cover blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations. The company said the expanded intellectual property portfolio supports its growing range of blockchain-based financial products. Circle also confirmed plans to explore additional commercial opportunities with IBM following the acquisition. However, neither company disclosed the financial terms of the agreement or whether ongoing licensing arrangements are included. Sarah Wilson, Circle's General Counsel and Corporate Secretary, said intellectual property remains important for expanding onchain infrastructure. She added that IBM's long history of technology innovation strengthens Circle's ability to develop internet-based financial services. IBM Portfolio Adds Enterprise Experience The acquisition builds on IBM's years of blockchain research and development. Over the past decade, IBM accumulated hundreds of patents covering distributed ledger technology and enterprise blockchain applications. For Circle, the transaction adds legal and technical assets beyond its stablecoin and payments business. According to the company, the portfolio directly supports USDC, Circle Payments Network, Arc, and its expanding suite of onchain products and agentic financial tools. The deal also positions Circle as the leading blockchain patent holder in the United States. According to the announcement, the company intends to use the expanded portfolio while continuing to develop financial infrastructure for institutions and developers. Deal Comes As Stablecoin Competition Grows The acquisition arrives as competition in the stablecoin sector continues to increase. Earlier this month, a consortium of more than 140 companies announced plans to launch Open USD as a potential competitor to USDC. Circle did not disclose why IBM chose to sell the patent portfolio.  Likewise, the companies did not announce additional transaction details beyond confirming future commercial discussions. According to Circle, the newly acquired patents provide broader coverage across blockchain infrastructure while supporting its existing financial technology platforms. The post Circle Acquires IBM Patents to Expand Blockchain Portfolio appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Circle Acquires IBM Patents to Expand Blockchain Portfolio

Circle acquired over 680 blockchain patent families from IBM, becoming the largest blockchain patent holder in the United States.
The patents strengthen Circle's technology across USDC, payments, enterprise blockchain, and onchain financial infrastructure.
The acquisition expands Circle's intellectual property as competition in the stablecoin and blockchain infrastructure market intensifies.
Circle Internet Group announced Monday that it acquired key assets from IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide. According to Circle, the transaction makes it the largest blockchain patent holder in the United States and strengthens the technology behind USDC, Circle Payments Network, Arc, and its onchain financial infrastructure.
Patent Deal Expands Circle's Technology Portfolio
According to Circle, the acquired patents cover blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations. The company said the expanded intellectual property portfolio supports its growing range of blockchain-based financial products.
Circle also confirmed plans to explore additional commercial opportunities with IBM following the acquisition. However, neither company disclosed the financial terms of the agreement or whether ongoing licensing arrangements are included.
Sarah Wilson, Circle's General Counsel and Corporate Secretary, said intellectual property remains important for expanding onchain infrastructure. She added that IBM's long history of technology innovation strengthens Circle's ability to develop internet-based financial services.
IBM Portfolio Adds Enterprise Experience
The acquisition builds on IBM's years of blockchain research and development. Over the past decade, IBM accumulated hundreds of patents covering distributed ledger technology and enterprise blockchain applications.
For Circle, the transaction adds legal and technical assets beyond its stablecoin and payments business. According to the company, the portfolio directly supports USDC, Circle Payments Network, Arc, and its expanding suite of onchain products and agentic financial tools.
The deal also positions Circle as the leading blockchain patent holder in the United States. According to the announcement, the company intends to use the expanded portfolio while continuing to develop financial infrastructure for institutions and developers.
Deal Comes As Stablecoin Competition Grows
The acquisition arrives as competition in the stablecoin sector continues to increase. Earlier this month, a consortium of more than 140 companies announced plans to launch Open USD as a potential competitor to USDC. Circle did not disclose why IBM chose to sell the patent portfolio.
Likewise, the companies did not announce additional transaction details beyond confirming future commercial discussions. According to Circle, the newly acquired patents provide broader coverage across blockchain infrastructure while supporting its existing financial technology platforms.
The post Circle Acquires IBM Patents to Expand Blockchain Portfolio appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Federal Judge Blocks Minnesota’s Prediction Market Ban in Win for Kalshi and PolymarketA federal judge temporarily blocked Minnesota's prediction market ban, ruling federal law likely overrides the state measure. The injunction allows Kalshi and Polymarket to continue operating, including crypto-linked prediction market activities in Minnesota. Prediction markets continued growing in 2026, with monthly trading volume reaching a record $52.8 billion in June. A federal judge has temporarily stopped Minnesota from enforcing its new prediction market ban, giving Kalshi and Polymarket a legal victory days before the law was due to take effect. According to Reuters, U.S. District Judge Katherine Menendez ruled Monday that federal law likely overrides the state measure, which Governor Tim Walz signed in May, while litigation continues. Judge Sides With Federal Oversight Judge Menendez granted a preliminary injunction after Kalshi, Polymarket US, and the Commodity Futures Trading Commission challenged the Minnesota law. The measure would have made operating, hosting, or promoting prediction markets in the state a criminal offense. According to the ruling, the plaintiffs are likely to succeed in arguing that the Commodity Exchange Act preempts much of the state law. The judge also found that allowing the law to take effect could cause irreparable harm before the case reaches a final decision. However, Menendez noted the Minnesota statute may not face federal preemption in every application. She cited contracts tied to television programs, including "Love Island," as examples requiring further legal review. Crypto Trading Remains Part Of The Case The ruling also affects crypto-linked trading activity because Polymarket settles margin onchain with stablecoins. Digital asset contracts account for about 20% of Polymarket's trading volume and roughly 7% of Kalshi's volume since July 2024, according to Pew Research Center. Meanwhile, Polymarket has expanded its blockchain infrastructure through its CLOB v2 trading system and its USDC-backed pUSD token. The injunction allows those crypto-related activities to continue in Minnesota while the lawsuit proceeds. Competition between the platforms has also intensified. According to Token Terminal, Kalshi processed $159.5 billion in cumulative notional volume over five years, compared with Polymarket's $101.7 billion. Industry Growth Continues During Legal Fight Prediction market activity has continued rising throughout 2026. According to Artemis, monthly trading volume remained between $25 billion and $30 billion during the year's first five months before reaching a record $52.8 billion in June. July trading also stayed elevated, reaching $50.9 billion month-to-date. According to Galaxy Research, lifetime prediction market volume has now exceeded $150 billion. The Minnesota case follows similar legal disputes elsewhere. Arizona previously sought criminal action against Kalshi before a federal judge blocked the effort, while Nevada and Utah have also pursued restrictions on prediction market activity. The post Federal Judge Blocks Minnesota’s Prediction Market Ban in Win for Kalshi and Polymarket appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Federal Judge Blocks Minnesota’s Prediction Market Ban in Win for Kalshi and Polymarket

A federal judge temporarily blocked Minnesota's prediction market ban, ruling federal law likely overrides the state measure.
The injunction allows Kalshi and Polymarket to continue operating, including crypto-linked prediction market activities in Minnesota.
Prediction markets continued growing in 2026, with monthly trading volume reaching a record $52.8 billion in June.
A federal judge has temporarily stopped Minnesota from enforcing its new prediction market ban, giving Kalshi and Polymarket a legal victory days before the law was due to take effect. According to Reuters, U.S. District Judge Katherine Menendez ruled Monday that federal law likely overrides the state measure, which Governor Tim Walz signed in May, while litigation continues.
Judge Sides With Federal Oversight
Judge Menendez granted a preliminary injunction after Kalshi, Polymarket US, and the Commodity Futures Trading Commission challenged the Minnesota law. The measure would have made operating, hosting, or promoting prediction markets in the state a criminal offense.
According to the ruling, the plaintiffs are likely to succeed in arguing that the Commodity Exchange Act preempts much of the state law. The judge also found that allowing the law to take effect could cause irreparable harm before the case reaches a final decision.
However, Menendez noted the Minnesota statute may not face federal preemption in every application. She cited contracts tied to television programs, including "Love Island," as examples requiring further legal review.
Crypto Trading Remains Part Of The Case
The ruling also affects crypto-linked trading activity because Polymarket settles margin onchain with stablecoins. Digital asset contracts account for about 20% of Polymarket's trading volume and roughly 7% of Kalshi's volume since July 2024, according to Pew Research Center.
Meanwhile, Polymarket has expanded its blockchain infrastructure through its CLOB v2 trading system and its USDC-backed pUSD token. The injunction allows those crypto-related activities to continue in Minnesota while the lawsuit proceeds.
Competition between the platforms has also intensified. According to Token Terminal, Kalshi processed $159.5 billion in cumulative notional volume over five years, compared with Polymarket's $101.7 billion.
Industry Growth Continues During Legal Fight
Prediction market activity has continued rising throughout 2026. According to Artemis, monthly trading volume remained between $25 billion and $30 billion during the year's first five months before reaching a record $52.8 billion in June.
July trading also stayed elevated, reaching $50.9 billion month-to-date. According to Galaxy Research, lifetime prediction market volume has now exceeded $150 billion.
The Minnesota case follows similar legal disputes elsewhere. Arizona previously sought criminal action against Kalshi before a federal judge blocked the effort, while Nevada and Utah have also pursued restrictions on prediction market activity.
The post Federal Judge Blocks Minnesota’s Prediction Market Ban in Win for Kalshi and Polymarket appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFiFollowing its developer launch in November 2025, Aqua now offers a risk-controlled alternative to DeFi's pool-based model. 1inch unveils a Merkl-powered liquidity incentive program for Aqua, funded with 10 million 1INCH by the 1inch Foundation and 500k USDC from 1inch DAO. Aqua goes live across 13 EVM chains from day one. ROAD TOWN, British Virgin Islands, July 28, 2026 /PRNewswire/ -- 1inch, the leading DeFi ecosystem, announces the full public launch of Aqua, a self-custodial shared liquidity layer that enables liquidity providers to use the same wallet balance across multiple positions without locking assets in liquidity pools. Following its developer launch in November 2025, Aqua today offers one of the first risk-controlled alternatives to DeFi's traditional pool-based model, enabling more capital-efficient liquidity provisioning. 1inch Aqua works as a registry: a user connects their wallet to approve a token balance and create liquidity positions that can access that balance. The Aqua protocol tracks that balance, and when it receives a swap order that meets the criteria of the position, it pulls the requested tokens from the wallet and pushes back received tokens and fees in a single atomic transaction. Otherwise, the user's tokens remain in their wallet and completely under their control. "The liquidity provisioning space is broken, but you only see how broken once there's an alternative. Today, that alternative has arrived. With Aqua, liquidity providers no longer have to accept the inefficient pool structure they've put up with for years," said Sergej Kunz, 1inch co-founder. "DeFi doesn't just need more liquidity. It needs more useful liquidity, active wherever demand appears. We built Aqua so providers get that reach without giving up custody: your tokens stay in your wallet until the moment a swap fills." Alongside the product launch, 1inch Network Incentives goes live — a liquidity reward program for Aqua, led by Degensoft Ltd (BVI) and delivered through Merkl. The 1inch Foundation has committed 10 million 1INCH in provider rewards, and a further 500,000 USDC boost from the 1inch DAO. The initiative is designed to accelerate liquidity growth and swap activity across supported pairs. As a result, liquidity providers not only benefit from Aqua's improved experience but also have the opportunity to earn additional rewards. Program terms, markets and safeguards are set out in the published campaign configuration. According to 1inch, the current pool based system is a major limiting factor on DeFi's ability to scale and bring TradFi capital on chain. For liquidity providers, the current model of depositing into pools means handing over custody, while active capital gets spread thin across protocols, pairs and price ranges. The scale of the problem is stark: per on-chain research by Dune commissioned by 1inch, 85% of concentrated liquidity across major DEXs was underutilized in H1 2026, roughly $1.6 billion of the $1.84 billion tracked. That includes about $542 million sitting fully out of range in an average week, resulting in an estimated $150 million in fees foregone per year. Through Aqua, 1inch is showcasing a more efficient model for shared liquidity, allowing the same wallet balance to back multiple positions simultaneously. Unlike the traditional model, where liquidity must be split across multiple pools and positions, Aqua enables a single balance to support multiple quotes at once. For example, a $100,000 balance can support three positions collectively quoting $300,000 of liquidity, with the potential to quote more. The underlying tokens remain available to every position at all times; nothing is borrowed, and any swap can only execute against the assets actually held in the wallet. A position on Aqua can be full range, concentrated or pegged, depending on the selected pair and position type. A user can open and close positions themselves, with no lock-up. Their exposure is capped by the tokens they actually hold, not by the theoretical combined size of every position they create. If their wallet cannot cover a swap, Aqua simply does not call on their tokens. From today, users can create positions across 13 EVM chains, including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain. Aqua also launches with a number of additional functionalities, including a liquidity leaderboard, an incentives screen, liquidity map visualizations, batch position creation, provider profiles with cross-chain positions, sub-wallets, and an AI-assisted liquidity provisioning flow via the 1inch Business MCP with safe batch deployment, coming soon. Aqua has undergone eight independent security audits conducted by OpenZeppelin, Bailsec, Hashlock, Hexens, MixBytes, Nethermind, Theori, and Decurity. Combined with its fully self-custodial design, which never holds user tokens, a swap can only move assets that are actually in the provider's wallet at the moment it fills. Revocation stops new fills as soon as it confirms on-chain. Aqua is also protected from JIT fee sniping by design, as each position has a single owner, thus there is no shared fee moment bots can capitalize on. While Aqua's design keeps exposure bounded and providers in control of their own tokens, swap fees are not guaranteed, prices can move against a position (impermanent loss), and providers bear market and smart-contract risk. Image here Gif here About 1inch 1inch accelerates decentralized finance with a seamless crypto trading experience for 27M users. Beyond being the top platform for low-cost, efficient token swaps with $100M+ in daily trades, 1inch offers a range of innovative tools, including a secure self-custodial wallet, a portfolio tracker for managing digital assets, a dedicated business portal giving access to its cutting-edge technology, and even a debit card for easy crypto spending. By continuously innovating, 1inch is simplifying DeFi for everyone. Website | 1inch Business | 1inch Network | Follow on X | Explore Blog Aqua involves risk, including loss of funds. It's built for experienced users — do your own research. Not financial advice. Incentive rewards are variable, not guaranteed, and subject to the program's published terms. Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post 1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi

Following its developer launch in November 2025, Aqua now offers a risk-controlled alternative to DeFi's pool-based model.
1inch unveils a Merkl-powered liquidity incentive program for Aqua, funded with 10 million 1INCH by the 1inch Foundation and 500k USDC from 1inch DAO.
Aqua goes live across 13 EVM chains from day one.
ROAD TOWN, British Virgin Islands, July 28, 2026 /PRNewswire/ -- 1inch, the leading DeFi ecosystem, announces the full public launch of Aqua, a self-custodial shared liquidity layer that enables liquidity providers to use the same wallet balance across multiple positions without locking assets in liquidity pools.
Following its developer launch in November 2025, Aqua today offers one of the first risk-controlled alternatives to DeFi's traditional pool-based model, enabling more capital-efficient liquidity provisioning.
1inch Aqua works as a registry: a user connects their wallet to approve a token balance and create liquidity positions that can access that balance. The Aqua protocol tracks that balance, and when it receives a swap order that meets the criteria of the position, it pulls the requested tokens from the wallet and pushes back received tokens and fees in a single atomic transaction. Otherwise, the user's tokens remain in their wallet and completely under their control.
"The liquidity provisioning space is broken, but you only see how broken once there's an alternative. Today, that alternative has arrived. With Aqua, liquidity providers no longer have to accept the inefficient pool structure they've put up with for years," said Sergej Kunz, 1inch co-founder. "DeFi doesn't just need more liquidity. It needs more useful liquidity, active wherever demand appears. We built Aqua so providers get that reach without giving up custody: your tokens stay in your wallet until the moment a swap fills."
Alongside the product launch, 1inch Network Incentives goes live — a liquidity reward program for Aqua, led by Degensoft Ltd (BVI) and delivered through Merkl. The 1inch Foundation has committed 10 million 1INCH in provider rewards, and a further 500,000 USDC boost from the 1inch DAO. The initiative is designed to accelerate liquidity growth and swap activity across supported pairs. As a result, liquidity providers not only benefit from Aqua's improved experience but also have the opportunity to earn additional rewards. Program terms, markets and safeguards are set out in the published campaign configuration.
According to 1inch, the current pool based system is a major limiting factor on DeFi's ability to scale and bring TradFi capital on chain. For liquidity providers, the current model of depositing into pools means handing over custody, while active capital gets spread thin across protocols, pairs and price ranges. The scale of the problem is stark: per on-chain research by Dune commissioned by 1inch, 85% of concentrated liquidity across major DEXs was underutilized in H1 2026, roughly $1.6 billion of the $1.84 billion tracked. That includes about $542 million sitting fully out of range in an average week, resulting in an estimated $150 million in fees foregone per year.
Through Aqua, 1inch is showcasing a more efficient model for shared liquidity, allowing the same wallet balance to back multiple positions simultaneously. Unlike the traditional model, where liquidity must be split across multiple pools and positions, Aqua enables a single balance to support multiple quotes at once. For example, a $100,000 balance can support three positions collectively quoting $300,000 of liquidity, with the potential to quote more. The underlying tokens remain available to every position at all times; nothing is borrowed, and any swap can only execute against the assets actually held in the wallet.
A position on Aqua can be full range, concentrated or pegged, depending on the selected pair and position type. A user can open and close positions themselves, with no lock-up. Their exposure is capped by the tokens they actually hold, not by the theoretical combined size of every position they create. If their wallet cannot cover a swap, Aqua simply does not call on their tokens.
From today, users can create positions across 13 EVM chains, including Ethereum, Arbitrum, Base, Robinhood Chain and BNB Chain. Aqua also launches with a number of additional functionalities, including a liquidity leaderboard, an incentives screen, liquidity map visualizations, batch position creation, provider profiles with cross-chain positions, sub-wallets, and an AI-assisted liquidity provisioning flow via the 1inch Business MCP with safe batch deployment, coming soon.
Aqua has undergone eight independent security audits conducted by OpenZeppelin, Bailsec, Hashlock, Hexens, MixBytes, Nethermind, Theori, and Decurity. Combined with its fully self-custodial design, which never holds user tokens, a swap can only move assets that are actually in the provider's wallet at the moment it fills. Revocation stops new fills as soon as it confirms on-chain. Aqua is also protected from JIT fee sniping by design, as each position has a single owner, thus there is no shared fee moment bots can capitalize on. While Aqua's design keeps exposure bounded and providers in control of their own tokens, swap fees are not guaranteed, prices can move against a position (impermanent loss), and providers bear market and smart-contract risk.
Image here
Gif here
About 1inch
1inch accelerates decentralized finance with a seamless crypto trading experience for 27M users. Beyond being the top platform for low-cost, efficient token swaps with $100M+ in daily trades, 1inch offers a range of innovative tools, including a secure self-custodial wallet, a portfolio tracker for managing digital assets, a dedicated business portal giving access to its cutting-edge technology, and even a debit card for easy crypto spending. By continuously innovating, 1inch is simplifying DeFi for everyone.
Website | 1inch Business | 1inch Network | Follow on X | Explore Blog
Aqua involves risk, including loss of funds. It's built for experienced users — do your own research. Not financial advice. Incentive rewards are variable, not guaranteed, and subject to the program's published terms.
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post 1inch launches Aqua to the public, introducing the first shared liquidity layer for DeFi appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation GrantNew York, United States, July 28th, 2026, Chainwire BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network. Backed by a Canton Foundation Development Fund grant of over $1 million (8,500,000 $CC), BitSafe today opened the public beta of Decentralization Manager, an open-sourced framework allowing apps and institutions to build resilient products that distribute control across multiple independent operators. Canton Network has become critical infrastructure for institutions bringing real capital and operations on-chain. Meeting institutional application standards requires audit trails and distributed trust, but until now every team building on Canton has had to build threshold custody, governance, and audit infrastructure from scratch. Decentralization Manager makes those reusable, so teams build the application, not the infrastructure. Independently audited by Quantstamp, Decentralization Manager marks an exciting expansion of on-chain use cases and allows institutions to continue leveraging the network's privacy-native architecture while mitigating risk by distributing their operations. Decentralization Manager ships with pre-built frameworks for token issuance and custody and enables additional products such as: Token issuance: Issuers can launch and govern Canton-native tokens, ranging from wrapped cryptoassets to stablecoins and RWAs. Custody and multi-signature wallets: Teams can hold and transfer assets under shared, multi-party control, removing reliance on any single custodian. Tokenized real-world assets and securities: Builders can bring real-world assets on-chain and govern them under distributed control. DEXs, lending, and structured products: Institutions can launch institutional-grade financial applications with Decentralization Manager. Contact us to start launching decentralized applications and assets. CBTC, the first non-native asset on Canton, is the first live use case of Decentralization Manager. With over 10 million transactions to date, node operators powering CBTC already earn a share of Canton fees from on-chain transactions. Decentralization Manager now extends that opportunity across the network. Application builders get an easier path to high quality node operators who can support their products, and those operators earn the same share of Canton fees in return. “The future of institutional blockchain depends on making sophisticated infrastructure easier to build and adopt,” said Viv Diwakar, Head of the Canton Foundation. "By open-sourcing Decentralization Manager, BitSafe is giving developers the tools to create resilient, privacy-preserving applications that distribute trust across independent operators without compromising the governance and control institutions require. Contributions like this strengthen the Canton ecosystem and help accelerate the growth of institutional digital assets and tokenized financial markets. We’re pleased to see BitSafe making this capability available to the wider community and look forward to seeing the next generation of institutional applications built on Canton.” As of today, Palladium Labs is the first builder announced using Decentralization Manager to enable multi-party authorization for protocol operations. "Distributed trust and full auditability are table stakes for institutional-grade credit infrastructure like Alpend,” said Akshay Sinha, Cofounder & CTO of Palladium Labs. “Decentralization Manager makes that a framework the entire Canton ecosystem can build on. Adopting it was one of the easier decisions we've made." In addition to Palladium, CBTC Attestors Nethermind, DSRV, and Finoa Consensus Services have already implemented Decentralization Manager. Their institutional participation affirms a collective effort across Canton to embrace decentralized technology that prioritizes data privacy, operational control, and resilience. The public beta is open now on the Canton Foundation's GitHub, with an additional grant application underway. Builders who need operators to complete their Decentralized Party can reach out to BitSafe to be matched with vetted, institutional-grade node operators. Institutions looking to issue and govern Canton-native tokens can engage BitSafe's Decentralization Services for custom tokenization engagements. Additional quotes from ecosystem partners: “The CBTC Decentralized Party has shown how far Canton has come, and the public beta opening of Decentralization Manager is a big step for the whole ecosystem. Onboarding was remarkably smooth for our team - contract deployment was essentially one click. For any app still running on a single validator, this is the easiest path we've seen to move beyond a single point of failure.” - Joonkyo Kim, CTO, DSRV ”As one of the attestors securing CBTC, we've operated inside BitSafe's decentralized signing architecture from an early stage, so we've seen firsthand what it takes to distribute trust across independent operators in production. Onboarding into Decentralization Manager was refreshingly straightforward, the admin tooling is intuitive and whenever we hit an issue the BitSafe team resolved it quickly and communicated the whole way through. Institutions bringing real assets onto Canton increasingly expect exactly this: no single point of control with the audit trails and operational resilience their risk teams demand. Making that kind of infrastructure open and repeatable is a meaningful step for the ecosystem.” - Mateusz Jędrzejewski, CIO, Nethermind “BitSafe's Decentralization Manager turns the infrastructure we already run into a setup with no single point of failure, the kind institutions expect from Canton. We're glad to extend our partnership with BitSafe and look forward to building more together as new applications join the network." - Daniel Schrader, Managing Director, Finoa Consensus Services About BitSafe BitSafe builds decentralized, privacy-enabled digital asset infrastructure on the Canton Network. As the team that brought Bitcoin to Canton ($CBTC), BitSafe's threshold-governed multi-sig infrastructure distributes custody and governance, eliminates single points of failure, and enables institutions and developers to launch trading venues and build compliant financial products and assets across the ecosystem. ContactKadeem Clarke BitSafe marketing@bitsafe.finance Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page. The post Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant

New York, United States, July 28th, 2026, Chainwire
BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network.
Backed by a Canton Foundation Development Fund grant of over $1 million (8,500,000 $CC), BitSafe today opened the public beta of Decentralization Manager, an open-sourced framework allowing apps and institutions to build resilient products that distribute control across multiple independent operators.
Canton Network has become critical infrastructure for institutions bringing real capital and operations on-chain. Meeting institutional application standards requires audit trails and distributed trust, but until now every team building on Canton has had to build threshold custody, governance, and audit infrastructure from scratch. Decentralization Manager makes those reusable, so teams build the application, not the infrastructure.
Independently audited by Quantstamp, Decentralization Manager marks an exciting expansion of on-chain use cases and allows institutions to continue leveraging the network's privacy-native architecture while mitigating risk by distributing their operations.
Decentralization Manager ships with pre-built frameworks for token issuance and custody and enables additional products such as:
Token issuance: Issuers can launch and govern Canton-native tokens, ranging from wrapped cryptoassets to stablecoins and RWAs.
Custody and multi-signature wallets: Teams can hold and transfer assets under shared, multi-party control, removing reliance on any single custodian.
Tokenized real-world assets and securities: Builders can bring real-world assets on-chain and govern them under distributed control.
DEXs, lending, and structured products: Institutions can launch institutional-grade financial applications with Decentralization Manager.
Contact us to start launching decentralized applications and assets.
CBTC, the first non-native asset on Canton, is the first live use case of Decentralization Manager. With over 10 million transactions to date, node operators powering CBTC already earn a share of Canton fees from on-chain transactions. Decentralization Manager now extends that opportunity across the network. Application builders get an easier path to high quality node operators who can support their products, and those operators earn the same share of Canton fees in return.
“The future of institutional blockchain depends on making sophisticated infrastructure easier to build and adopt,” said Viv Diwakar, Head of the Canton Foundation. "By open-sourcing Decentralization Manager, BitSafe is giving developers the tools to create resilient, privacy-preserving applications that distribute trust across independent operators without compromising the governance and control institutions require. Contributions like this strengthen the Canton ecosystem and help accelerate the growth of institutional digital assets and tokenized financial markets. We’re pleased to see BitSafe making this capability available to the wider community and look forward to seeing the next generation of institutional applications built on Canton.”
As of today, Palladium Labs is the first builder announced using Decentralization Manager to enable multi-party authorization for protocol operations. "Distributed trust and full auditability are table stakes for institutional-grade credit infrastructure like Alpend,” said Akshay Sinha, Cofounder & CTO of Palladium Labs. “Decentralization Manager makes that a framework the entire Canton ecosystem can build on. Adopting it was one of the easier decisions we've made."
In addition to Palladium, CBTC Attestors Nethermind, DSRV, and Finoa Consensus Services have already implemented Decentralization Manager. Their institutional participation affirms a collective effort across Canton to embrace decentralized technology that prioritizes data privacy, operational control, and resilience.
The public beta is open now on the Canton Foundation's GitHub, with an additional grant application underway. Builders who need operators to complete their Decentralized Party can reach out to BitSafe to be matched with vetted, institutional-grade node operators. Institutions looking to issue and govern Canton-native tokens can engage BitSafe's Decentralization Services for custom tokenization engagements.
Additional quotes from ecosystem partners:
“The CBTC Decentralized Party has shown how far Canton has come, and the public beta opening of Decentralization Manager is a big step for the whole ecosystem. Onboarding was remarkably smooth for our team - contract deployment was essentially one click. For any app still running on a single validator, this is the easiest path we've seen to move beyond a single point of failure.” - Joonkyo Kim, CTO, DSRV
”As one of the attestors securing CBTC, we've operated inside BitSafe's decentralized signing architecture from an early stage, so we've seen firsthand what it takes to distribute trust across independent operators in production. Onboarding into Decentralization Manager was refreshingly straightforward, the admin tooling is intuitive and whenever we hit an issue the BitSafe team resolved it quickly and communicated the whole way through.
Institutions bringing real assets onto Canton increasingly expect exactly this: no single point of control with the audit trails and operational resilience their risk teams demand. Making that kind of infrastructure open and repeatable is a meaningful step for the ecosystem.” - Mateusz Jędrzejewski, CIO, Nethermind
“BitSafe's Decentralization Manager turns the infrastructure we already run into a setup with no single point of failure, the kind institutions expect from Canton. We're glad to extend our partnership with BitSafe and look forward to building more together as new applications join the network." - Daniel Schrader, Managing Director, Finoa Consensus Services
About BitSafe
BitSafe builds decentralized, privacy-enabled digital asset infrastructure on the Canton Network. As the team that brought Bitcoin to Canton ($CBTC), BitSafe's threshold-governed multi-sig infrastructure distributes custody and governance, eliminates single points of failure, and enables institutions and developers to launch trading venues and build compliant financial products and assets across the ecosystem.
ContactKadeem Clarke
BitSafe
marketing@bitsafe.finance
Disclaimer: Any information written in this press release does not constitute investment advice. Crypto Front News does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Crypto Front News is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release. For more details, visit our disclaimer page.
The post Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Stablecoin Market Posts Largest Monthly Decline Since Terra as Transaction Volume Hits RecordStablecoin market capitalization fell by $7.7 billion in June, marking its largest monthly decline since the Terra-Luna collapse. Despite lower supply, adjusted stablecoin transaction volume climbed to a record $1.79 trillion, reflecting stronger settlement activity. Investors shifted idle stablecoins into tokenized Treasury funds as new yield restrictions reshaped the stablecoin market. The stablecoin market lost $7.7 billion in June, its largest monthly decline since the Terra-Luna collapse in May 2022. Total market capitalization also slipped about $10 billion from its May peak to roughly $300 billion. However, adjusted transaction volume climbed to a record $1.79 trillion during the same month, showing continued growth in settlement activity despite the lower circulating supply. Market Cap Falls As Usage Reaches New High June's decline reduced the stablecoin market by about 3% from its May peak. That drop remained far smaller than the 26% contraction recorded during the 2022 Terra collapse. Tether's USDT supply fell from about $190 billion in May to roughly $184 billion. Meanwhile, USDC declined from its March peak near $80 billion to approximately $74 billion. According to trading firm Wincent's Paul Howard, the decline represented a relatively small pullback within the broader market. At the same time, adjusted transaction volume rose 63% from May and 125% from June last year, reaching a record $1.79 trillion. Yield Rules Shift Idle Stablecoin Holdings The supply decline coincided with changes introduced under the GENIUS Act, signed in July 2025. The law prevents payment stablecoin issuers from offering yield, while the Office of the Comptroller of the Currency proposed extending similar restrictions to affiliated entities. According to Marquette University's David Krause, investors instead shifted idle balances into tokenized Treasury funds that generate returns. Tokenized Treasury assets have grown to nearly $16 billion, while Circle's USYC overtook BlackRock's BUIDL and JPMorgan's offering expanded 87% in one month. Faster Turnover Changes Market Metrics Standard Chartered analyst Geoff Kendrick reported stablecoin turnover reached about six times each month, nearly double the pace seen two years ago. Meanwhile, Visa measured stablecoin velocity at 13.56 per quarter compared with 1.65 for U.S. M1 money supply. USDC also processed larger settlement volumes than USDT despite its smaller supply. During the first half of 2026, USDC handled about 70% of adjusted transaction volume, while USDT accounted for roughly 25%. Visa reported its stablecoin settlement business reached a $7 billion annualized run rate across nine blockchains. Mastercard also expanded support to six stablecoins operating across eight blockchain networks. The post Stablecoin Market Posts Largest Monthly Decline Since Terra as Transaction Volume Hits Record appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Stablecoin Market Posts Largest Monthly Decline Since Terra as Transaction Volume Hits Record

Stablecoin market capitalization fell by $7.7 billion in June, marking its largest monthly decline since the Terra-Luna collapse.
Despite lower supply, adjusted stablecoin transaction volume climbed to a record $1.79 trillion, reflecting stronger settlement activity.
Investors shifted idle stablecoins into tokenized Treasury funds as new yield restrictions reshaped the stablecoin market.
The stablecoin market lost $7.7 billion in June, its largest monthly decline since the Terra-Luna collapse in May 2022. Total market capitalization also slipped about $10 billion from its May peak to roughly $300 billion. However, adjusted transaction volume climbed to a record $1.79 trillion during the same month, showing continued growth in settlement activity despite the lower circulating supply.
Market Cap Falls As Usage Reaches New High
June's decline reduced the stablecoin market by about 3% from its May peak. That drop remained far smaller than the 26% contraction recorded during the 2022 Terra collapse.
Tether's USDT supply fell from about $190 billion in May to roughly $184 billion. Meanwhile, USDC declined from its March peak near $80 billion to approximately $74 billion.
According to trading firm Wincent's Paul Howard, the decline represented a relatively small pullback within the broader market. At the same time, adjusted transaction volume rose 63% from May and 125% from June last year, reaching a record $1.79 trillion.
Yield Rules Shift Idle Stablecoin Holdings
The supply decline coincided with changes introduced under the GENIUS Act, signed in July 2025. The law prevents payment stablecoin issuers from offering yield, while the Office of the Comptroller of the Currency proposed extending similar restrictions to affiliated entities.
According to Marquette University's David Krause, investors instead shifted idle balances into tokenized Treasury funds that generate returns. Tokenized Treasury assets have grown to nearly $16 billion, while Circle's USYC overtook BlackRock's BUIDL and JPMorgan's offering expanded 87% in one month.
Faster Turnover Changes Market Metrics
Standard Chartered analyst Geoff Kendrick reported stablecoin turnover reached about six times each month, nearly double the pace seen two years ago. Meanwhile, Visa measured stablecoin velocity at 13.56 per quarter compared with 1.65 for U.S. M1 money supply.
USDC also processed larger settlement volumes than USDT despite its smaller supply. During the first half of 2026, USDC handled about 70% of adjusted transaction volume, while USDT accounted for roughly 25%.
Visa reported its stablecoin settlement business reached a $7 billion annualized run rate across nine blockchains. Mastercard also expanded support to six stablecoins operating across eight blockchain networks.
The post Stablecoin Market Posts Largest Monthly Decline Since Terra as Transaction Volume Hits Record appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Senate Faces Tight Timeline on Crypto Clarity Act VoteSenate Republicans are racing to advance the Clarity Act before the August 7 recess, but procedural rules could delay a vote. Bipartisan negotiations continue as lawmakers seek enough support to overcome the Senate's 60-vote cloture requirement. The National Fraternal Order of Police endorsed the bill, while some Democratic senators remain undecided over key provisions. Senate Republicans are working to advance the Clarity Act before the scheduled August 7 recess, but procedural hurdles and uncertain vote counts remain major obstacles. According to journalist Eleanor Terrett, Senate leadership has discussed keeping lawmakers in Washington beyond the planned break if enough support exists to begin floor action. However, negotiations continue as senators seek broader bipartisan backing. Senate Leaders Count Votes Before Floor Action According to Terrett, Senate Majority Leader John Thune must first file cloture on the motion to proceed before the Senate can begin debating the Clarity Act. That step requires 60 votes, followed by up to 30 hours of debate before senators can vote on whether to proceed with the bill. However, the Senate calendar leaves little room for delays. Senators are scheduled to leave Washington on August 7, while other legislative priorities also compete for limited floor time. Senate Rule XXII further complicates the schedule. Once cloture is invoked on a major bill, that legislation becomes unfinished business until senators dispose of it. As a result, the chamber generally cannot advance another contested measure at the same time without unanimous consent. Bipartisan Talks Continue As Support Remains Unclear Meanwhile, support for the Clarity Act remains uncertain. According to Terrett, Senate Republicans continue working to address concerns raised by seven Democratic senators, who said the latest bill text still fell short after its release last week. Senator Thom Tillis has led bipartisan discussions to strengthen ethics provisions and develop language that could gain Democratic support. At the same time, Republicans also face uncertainty within their own conference. Senator Mitch McConnell is expected to remain absent, leaving Republicans with little margin for defections. Additionally, Senators Josh Hawley and Rand Paul remain undecided after opposing the GENIUS Act last year. Law Enforcement Endorsement Enters Debate Attention has also shifted toward law enforcement concerns. On Friday, the National Fraternal Order of Police endorsed the latest Clarity Act after reviewing the Blockchain Regulatory Certainty Act provisions. The organization said the updated language would not limit investigations or prosecutions involving crypto crimes. It also praised broader law enforcement provisions included in the legislation. However, according to Terrett, Senators Catherine Cortez Masto and Mark Warner have said their support depends on whether the bill fully addresses those concerns. Meanwhile, lawmakers will continue reviewing the legislation while Senate staff work through remaining negotiations. The post Senate Faces Tight Timeline on Crypto Clarity Act Vote appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Senate Faces Tight Timeline on Crypto Clarity Act Vote

Senate Republicans are racing to advance the Clarity Act before the August 7 recess, but procedural rules could delay a vote.
Bipartisan negotiations continue as lawmakers seek enough support to overcome the Senate's 60-vote cloture requirement.
The National Fraternal Order of Police endorsed the bill, while some Democratic senators remain undecided over key provisions.
Senate Republicans are working to advance the Clarity Act before the scheduled August 7 recess, but procedural hurdles and uncertain vote counts remain major obstacles. According to journalist Eleanor Terrett, Senate leadership has discussed keeping lawmakers in Washington beyond the planned break if enough support exists to begin floor action. However, negotiations continue as senators seek broader bipartisan backing.
Senate Leaders Count Votes Before Floor Action
According to Terrett, Senate Majority Leader John Thune must first file cloture on the motion to proceed before the Senate can begin debating the Clarity Act. That step requires 60 votes, followed by up to 30 hours of debate before senators can vote on whether to proceed with the bill.
However, the Senate calendar leaves little room for delays. Senators are scheduled to leave Washington on August 7, while other legislative priorities also compete for limited floor time.
Senate Rule XXII further complicates the schedule. Once cloture is invoked on a major bill, that legislation becomes unfinished business until senators dispose of it. As a result, the chamber generally cannot advance another contested measure at the same time without unanimous consent.
Bipartisan Talks Continue As Support Remains Unclear
Meanwhile, support for the Clarity Act remains uncertain. According to Terrett, Senate Republicans continue working to address concerns raised by seven Democratic senators, who said the latest bill text still fell short after its release last week.
Senator Thom Tillis has led bipartisan discussions to strengthen ethics provisions and develop language that could gain Democratic support. At the same time, Republicans also face uncertainty within their own conference.
Senator Mitch McConnell is expected to remain absent, leaving Republicans with little margin for defections. Additionally, Senators Josh Hawley and Rand Paul remain undecided after opposing the GENIUS Act last year.
Law Enforcement Endorsement Enters Debate
Attention has also shifted toward law enforcement concerns. On Friday, the National Fraternal Order of Police endorsed the latest Clarity Act after reviewing the Blockchain Regulatory Certainty Act provisions.
The organization said the updated language would not limit investigations or prosecutions involving crypto crimes. It also praised broader law enforcement provisions included in the legislation.
However, according to Terrett, Senators Catherine Cortez Masto and Mark Warner have said their support depends on whether the bill fully addresses those concerns. Meanwhile, lawmakers will continue reviewing the legislation while Senate staff work through remaining negotiations.
The post Senate Faces Tight Timeline on Crypto Clarity Act Vote appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
PEPE Outlook Strengthens as Recovery ExtendsPEPE Outlook improved after buyers completed the first projected upside target within 39 hours of steady recovery. Stronger volume and higher lows support recovery as buyers challenge an important resistance zone. Demand remains firm while technical structure favors continued recovery above recently reclaimed support levels. PEPE Outlook remains constructive as buyers continue reclaiming lost ground after defending a major demand zone. Market participants are now monitoring resistance for confirmation of the recovery's next phase. Demand Zone Defense Revives Recovery Structure Finora AI reported that its first upside objective had been achieved. The update followed a move from $0.00000276-$0.00000285 within 39 hours. The reported gain measured approximately 3.26%. https://twitter.com/Finora_EN/status/2081207391618470197?s=20 The broader 12-hour chart shows a recovery after an extended corrective trend. Earlier selling erased much of the previous advance from April and May. Buyers eventually regained control inside a well-defined demand area. That support zone attracted aggressive buying after weeks of persistent weakness. Selling pressure eased as higher lows gradually replaced previous declines. Market structure consequently improved across the recovery. The current rebound is approaching an intermediate resistance region. This level previously acted as support before becoming resistance. Buyers now require sustained closes above that barrier. Rising Participation Supports Bullish Momentum The latest trading session added momentum to the ongoing recovery. Buyers maintained control through a sequence of higher highs and higher lows. The advance developed steadily instead of relying on one sharp surge. As of the time of this writing, PEPE is trading around $0.00002990. The company's market cap was about $1.23 billion on the day of the advance. Daily trading volume exceeded $331 million following a sharp increase in activity. Trading volume expanded by more than 209% during the session. Rising participation accompanied the latest price advance. That combination reflected stronger buying interest throughout the market. Supply metrics remained unchanged despite increased trading activity. Approximately 413.77 trillion tokens remain in circulation. The holder count also continued expanding across the network. Resistance Becomes the Next Technical Focus Attention now shifts toward resistance near the psychological breakout area. Sellers briefly slowed the advance around that region. Buyers nevertheless preserved the broader recovery structure. Finora AI's update aligns with the improving technical picture. The first projected target has already been completed successfully. Market participants now watch whether momentum extends toward remaining objectives. The previous breakout region now represents the nearest support. Holding above that area would reinforce the sequence of higher lows. Such stability would strengthen the ongoing recovery structure. The broader trend still requires additional confirmation before signaling a lasting reversal. Even so, improving momentum, stronger participation, and recovering structure continue supporting the current advance. The post PEPE Outlook Strengthens as Recovery Extends appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

PEPE Outlook Strengthens as Recovery Extends

PEPE Outlook improved after buyers completed the first projected upside target within 39 hours of steady recovery.
Stronger volume and higher lows support recovery as buyers challenge an important resistance zone.
Demand remains firm while technical structure favors continued recovery above recently reclaimed support levels.
PEPE Outlook remains constructive as buyers continue reclaiming lost ground after defending a major demand zone. Market participants are now monitoring resistance for confirmation of the recovery's next phase.
Demand Zone Defense Revives Recovery Structure
Finora AI reported that its first upside objective had been achieved. The update followed a move from $0.00000276-$0.00000285 within 39 hours. The reported gain measured approximately 3.26%.
https://twitter.com/Finora_EN/status/2081207391618470197?s=20
The broader 12-hour chart shows a recovery after an extended corrective trend. Earlier selling erased much of the previous advance from April and May. Buyers eventually regained control inside a well-defined demand area.
That support zone attracted aggressive buying after weeks of persistent weakness. Selling pressure eased as higher lows gradually replaced previous declines. Market structure consequently improved across the recovery.
The current rebound is approaching an intermediate resistance region. This level previously acted as support before becoming resistance. Buyers now require sustained closes above that barrier.
Rising Participation Supports Bullish Momentum
The latest trading session added momentum to the ongoing recovery. Buyers maintained control through a sequence of higher highs and higher lows. The advance developed steadily instead of relying on one sharp surge.
As of the time of this writing, PEPE is trading around $0.00002990. The company's market cap was about $1.23 billion on the day of the advance. Daily trading volume exceeded $331 million following a sharp increase in activity.
Trading volume expanded by more than 209% during the session. Rising participation accompanied the latest price advance. That combination reflected stronger buying interest throughout the market.
Supply metrics remained unchanged despite increased trading activity. Approximately 413.77 trillion tokens remain in circulation. The holder count also continued expanding across the network.
Resistance Becomes the Next Technical Focus
Attention now shifts toward resistance near the psychological breakout area. Sellers briefly slowed the advance around that region. Buyers nevertheless preserved the broader recovery structure.
Finora AI's update aligns with the improving technical picture. The first projected target has already been completed successfully. Market participants now watch whether momentum extends toward remaining objectives.
The previous breakout region now represents the nearest support. Holding above that area would reinforce the sequence of higher lows. Such stability would strengthen the ongoing recovery structure.
The broader trend still requires additional confirmation before signaling a lasting reversal. Even so, improving momentum, stronger participation, and recovering structure continue supporting the current advance.
The post PEPE Outlook Strengthens as Recovery Extends appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
LINK Outlook Eyes Recovery After Whale WithdrawalLINK Outlook remains active after a newly created wallet withdrew 198.1K LINK from Binance following 56 days of inactivity. Technical indicators remain cautious as LINK trades below trend support with weakening RSI and a negative MACD crossover. Traders continue tracking wallet activity while support near $8.20 determines LINK's next short-term directional move. LINK Outlook remains closely watched after a major exchange withdrawal coincided with weakening technical signals, keeping traders focused on blockchain activity and important chart levels. Whale Withdrawal Draws Immediate Attention Onchain Lens noted that a new wallet withdrew 198,100 LINK from Binance. It was estimated that the transfer was valued at around $1.65 million. These types of trades often grab on-chain surveillance sites. https://twitter.com/OnchainLens/status/2080886246386418149?s=20 The receiving wallet displayed almost no previous blockchain activity. It previously received only 0.02364 ETH for future gas fees. That funding remained untouched for approximately 56 days. The delayed activation suggests the wallet was prepared before receiving LINK. However, the available data does not identify its owner. Future activity will determine whether additional transfers follow. Large exchange withdrawals often reduce immediately tradable token supply. Even so, one transaction alone cannot establish market direction. Further blockchain evidence remains necessary before broader conclusions emerge. Technical Indicators Continue Favoring Sellers The four-hour LINK chart shows weakening short-term market structure. LINK currently trades around $8.28 after recent selling pressure. Buyers have struggled to regain previous momentum. Source: Tradingview Price has broken below the ascending trendline supporting July's recovery. That breakdown ended the sequence of higher lows. Consequently, sellers regained near-term technical control. Another descending trendline continues rejecting recovery attempts from recent highs. Lower highs remain visible across successive trading sessions. That structure reflects persistent downside pressure. Momentum indicators support the cautious technical picture. The MACD is still in the bear market with a bearish cross formed. In the meantime, the histogram is negative, despite a slow downside momentum. Support Levels Become the Primary Focus The Relative Strength Index currently trades near 35.9 on the four-hour timeframe. It remains below the neutral fifty level throughout recent sessions. That positioning reflects fading buying strength. Volume behavior also favors caution during current trading conditions. Selling periods attracted stronger participation than recent rebounds. Buyers have yet to demonstrate sustained conviction. Support continues developing between approximately $8.20 and $8.25. Losing that region could expose the previous swing low near $8.00. Holding support may instead encourage another consolidation phase. Recovery requires reclaiming the broken ascending trendline before momentum improves. Resistance between roughly $8.45 and $8.60 remains equally important. Until those barriers break, technical conditions favor continued caution while traders monitor both price structure and the newly funded wallet's future activity. The post LINK Outlook Eyes Recovery After Whale Withdrawal appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

LINK Outlook Eyes Recovery After Whale Withdrawal

LINK Outlook remains active after a newly created wallet withdrew 198.1K LINK from Binance following 56 days of inactivity.
Technical indicators remain cautious as LINK trades below trend support with weakening RSI and a negative MACD crossover.
Traders continue tracking wallet activity while support near $8.20 determines LINK's next short-term directional move.
LINK Outlook remains closely watched after a major exchange withdrawal coincided with weakening technical signals, keeping traders focused on blockchain activity and important chart levels.
Whale Withdrawal Draws Immediate Attention
Onchain Lens noted that a new wallet withdrew 198,100 LINK from Binance. It was estimated that the transfer was valued at around $1.65 million. These types of trades often grab on-chain surveillance sites.
https://twitter.com/OnchainLens/status/2080886246386418149?s=20
The receiving wallet displayed almost no previous blockchain activity. It previously received only 0.02364 ETH for future gas fees. That funding remained untouched for approximately 56 days.
The delayed activation suggests the wallet was prepared before receiving LINK. However, the available data does not identify its owner. Future activity will determine whether additional transfers follow.
Large exchange withdrawals often reduce immediately tradable token supply. Even so, one transaction alone cannot establish market direction. Further blockchain evidence remains necessary before broader conclusions emerge.
Technical Indicators Continue Favoring Sellers
The four-hour LINK chart shows weakening short-term market structure. LINK currently trades around $8.28 after recent selling pressure. Buyers have struggled to regain previous momentum.
Source: Tradingview
Price has broken below the ascending trendline supporting July's recovery. That breakdown ended the sequence of higher lows. Consequently, sellers regained near-term technical control.
Another descending trendline continues rejecting recovery attempts from recent highs. Lower highs remain visible across successive trading sessions. That structure reflects persistent downside pressure.
Momentum indicators support the cautious technical picture. The MACD is still in the bear market with a bearish cross formed. In the meantime, the histogram is negative, despite a slow downside momentum.
Support Levels Become the Primary Focus
The Relative Strength Index currently trades near 35.9 on the four-hour timeframe. It remains below the neutral fifty level throughout recent sessions. That positioning reflects fading buying strength.
Volume behavior also favors caution during current trading conditions. Selling periods attracted stronger participation than recent rebounds. Buyers have yet to demonstrate sustained conviction.
Support continues developing between approximately $8.20 and $8.25. Losing that region could expose the previous swing low near $8.00. Holding support may instead encourage another consolidation phase.
Recovery requires reclaiming the broken ascending trendline before momentum improves. Resistance between roughly $8.45 and $8.60 remains equally important. Until those barriers break, technical conditions favor continued caution while traders monitor both price structure and the newly funded wallet's future activity.
The post LINK Outlook Eyes Recovery After Whale Withdrawal appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Changpeng Zhao (CZ) Warns Crypto Exchange Deals Hide Security RisksCZ said acquiring crypto exchanges may expose buyers to hidden backdoors, security flaws, and inherited technical risks. His warning followed the announced wind-downs of BitMEX and BitMart amid ongoing crypto industry consolidation. CZ said exchange acquisitions remain possible but require thorough technical and security due diligence before completion. Changpeng Zhao, widely known as CZ, warned that acquiring smaller cryptocurrency exchanges involves security risks that extend beyond a standard business purchase. His comments followed separate wind-down announcements from BitMEX and BitMart, as consolidation discussions continued across the crypto industry. CZ said buyers could inherit hidden vulnerabilities, including legacy backdoors and security flaws, even after completing an acquisition. CZ Notes Security Concerns Responding to the recent exchange closures, CZ said buying a centralized exchange requires more caution than purchasing other businesses. According to CZ, an acquiring company may inherit old security weaknesses that remain undetected during the transaction. He said a hack could occur after an acquisition because of backdoors or other issues left by the previous team. However, he added that acquisitions remain possible despite the added complexity. His comments arrived as BitMart announced an orderly wind-down, while BitMEX confirmed it would cease exchange operations on Sept. 23. BitMart also stated that users would continue withdrawing assets during its shutdown process. BitMart and BitMEX Closures  The announcements from BitMart and BitMEX renewed attention on mergers and acquisitions within the crypto exchange sector. While some companies have chosen to close operations, others continue exploring expansion through acquisitions. According to the information provided, CZ believes exchange purchases require deeper technical reviews than traditional corporate transactions. He noted that buyers inherit infrastructure alongside customers, making security assessments a critical part of any deal. Meanwhile, BitMart's closure prompted further discussion about whether larger exchanges would consider acquiring smaller competitors despite those challenges. Security Remains Central to Acquisition Decisions CZ's warning focused on operational risks rather than market opportunities. He said companies evaluating acquisitions should account for legacy systems that may expose the new owner to future security incidents. The comments come as industry consolidation continues alongside recent exchange closures. Notably, CZ maintained that acquisitions remain feasible, although companies must carefully evaluate inherited technology before completing any transaction. His remarks centered on security due diligence as exchanges consider potential acquisition opportunities following the latest wind-down announcements. The post Changpeng Zhao (CZ) Warns Crypto Exchange Deals Hide Security Risks appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Changpeng Zhao (CZ) Warns Crypto Exchange Deals Hide Security Risks

CZ said acquiring crypto exchanges may expose buyers to hidden backdoors, security flaws, and inherited technical risks.
His warning followed the announced wind-downs of BitMEX and BitMart amid ongoing crypto industry consolidation.
CZ said exchange acquisitions remain possible but require thorough technical and security due diligence before completion.
Changpeng Zhao, widely known as CZ, warned that acquiring smaller cryptocurrency exchanges involves security risks that extend beyond a standard business purchase. His comments followed separate wind-down announcements from BitMEX and BitMart, as consolidation discussions continued across the crypto industry. CZ said buyers could inherit hidden vulnerabilities, including legacy backdoors and security flaws, even after completing an acquisition.
CZ Notes Security Concerns
Responding to the recent exchange closures, CZ said buying a centralized exchange requires more caution than purchasing other businesses. According to CZ, an acquiring company may inherit old security weaknesses that remain undetected during the transaction.
He said a hack could occur after an acquisition because of backdoors or other issues left by the previous team. However, he added that acquisitions remain possible despite the added complexity.
His comments arrived as BitMart announced an orderly wind-down, while BitMEX confirmed it would cease exchange operations on Sept. 23. BitMart also stated that users would continue withdrawing assets during its shutdown process.
BitMart and BitMEX Closures
The announcements from BitMart and BitMEX renewed attention on mergers and acquisitions within the crypto exchange sector. While some companies have chosen to close operations, others continue exploring expansion through acquisitions.
According to the information provided, CZ believes exchange purchases require deeper technical reviews than traditional corporate transactions. He noted that buyers inherit infrastructure alongside customers, making security assessments a critical part of any deal.
Meanwhile, BitMart's closure prompted further discussion about whether larger exchanges would consider acquiring smaller competitors despite those challenges.
Security Remains Central to Acquisition Decisions
CZ's warning focused on operational risks rather than market opportunities. He said companies evaluating acquisitions should account for legacy systems that may expose the new owner to future security incidents.
The comments come as industry consolidation continues alongside recent exchange closures. Notably, CZ maintained that acquisitions remain feasible, although companies must carefully evaluate inherited technology before completing any transaction.
His remarks centered on security due diligence as exchanges consider potential acquisition opportunities following the latest wind-down announcements.
The post Changpeng Zhao (CZ) Warns Crypto Exchange Deals Hide Security Risks appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Bitcoin Analyst Targets $54K-$64K Buy Zone Before FedDoctor Profit said he is accumulating Bitcoin between $54,000 and $64,000 using dollar-cost averaging instead of timing the exact bottom. The analyst highlighted Bitcoin's weekly 200-day moving average as a key long-term support level within his buying range. Markets expect a 65% chance of unchanged Fed rates, with investors closely watching policy guidance for Bitcoin's next move. Bitcoin accumulation returned to focus after market analyst Doctor Profit outlined a $54,000-$64,000 buying range while cautioning against chasing an exact market bottom. The update came ahead of this week's Federal Reserve meeting, where markets expect a 65% chance of unchanged interest rates and a 35% chance of a rate hike, according to the analyst. Doctor Profit said he has already started accumulating Bitcoin within that range. Analyst Outlines Accumulation Strategy According to Doctor Profit, his approach centers on dollar-cost averaging rather than identifying Bitcoin's exact low. He said he is gradually building positions between $64,000 and $54,000 while sharing each purchase privately with Premium members. The analyst compared the strategy with his earlier short positions. He said he built those positions between $115,000 and $125,000 instead of targeting one precise price. As a result, he said his average entry reached about $119,000. Doctor Profit added that he aims to build an average Bitcoin entry over the next one to two months. He also confirmed that he plans to accumulate Ethereum and selected altcoins during the same period. Technical Levels Remain in Focus The analyst pointed to the weekly 200-day moving average as a key reference level. He said the indicator currently runs through the lower section of his preferred buying zone. According to Doctor Profit, Bitcoin has tested that area several times. He added that purchases near the weekly MA200 have historically produced profitable long-term entries. Meanwhile, he argued that securing an average entry around $58,000 would still represent a favorable outcome if Bitcoin ultimately bottoms near $54,000. He also warned that investors waiting for a perfect bottom often enter later at higher prices. Fed Meeting Draws Market Attention Alongside his Bitcoin outlook, Doctor Profit highlighted Wednesday's Federal Reserve meeting as the week's major event. He said interest rate expectations have shifted considerably since the start of the year. According to the analyst, markets now assign a 65% probability to unchanged rates and a 35% probability to a hike. He also noted that September hike expectations exceed 80%, adding that investors will closely watch the Fed's comments for additional policy direction. The post Bitcoin Analyst Targets $54K-$64K Buy Zone Before Fed appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Bitcoin Analyst Targets $54K-$64K Buy Zone Before Fed

Doctor Profit said he is accumulating Bitcoin between $54,000 and $64,000 using dollar-cost averaging instead of timing the exact bottom.
The analyst highlighted Bitcoin's weekly 200-day moving average as a key long-term support level within his buying range.
Markets expect a 65% chance of unchanged Fed rates, with investors closely watching policy guidance for Bitcoin's next move.
Bitcoin accumulation returned to focus after market analyst Doctor Profit outlined a $54,000-$64,000 buying range while cautioning against chasing an exact market bottom. The update came ahead of this week's Federal Reserve meeting, where markets expect a 65% chance of unchanged interest rates and a 35% chance of a rate hike, according to the analyst. Doctor Profit said he has already started accumulating Bitcoin within that range.
Analyst Outlines Accumulation Strategy
According to Doctor Profit, his approach centers on dollar-cost averaging rather than identifying Bitcoin's exact low. He said he is gradually building positions between $64,000 and $54,000 while sharing each purchase privately with Premium members.
The analyst compared the strategy with his earlier short positions. He said he built those positions between $115,000 and $125,000 instead of targeting one precise price. As a result, he said his average entry reached about $119,000.
Doctor Profit added that he aims to build an average Bitcoin entry over the next one to two months. He also confirmed that he plans to accumulate Ethereum and selected altcoins during the same period.
Technical Levels Remain in Focus
The analyst pointed to the weekly 200-day moving average as a key reference level. He said the indicator currently runs through the lower section of his preferred buying zone.
According to Doctor Profit, Bitcoin has tested that area several times. He added that purchases near the weekly MA200 have historically produced profitable long-term entries.
Meanwhile, he argued that securing an average entry around $58,000 would still represent a favorable outcome if Bitcoin ultimately bottoms near $54,000. He also warned that investors waiting for a perfect bottom often enter later at higher prices.
Fed Meeting Draws Market Attention
Alongside his Bitcoin outlook, Doctor Profit highlighted Wednesday's Federal Reserve meeting as the week's major event. He said interest rate expectations have shifted considerably since the start of the year.
According to the analyst, markets now assign a 65% probability to unchanged rates and a 35% probability to a hike. He also noted that September hike expectations exceed 80%, adding that investors will closely watch the Fed's comments for additional policy direction.
The post Bitcoin Analyst Targets $54K-$64K Buy Zone Before Fed appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
Chainlink Whale Adds $3.9M in LINK, Expanding Holdings to 2.05 Million TokensA Chainlink whale withdrew $3.94 million in LINK from Binance, increasing total holdings to 2.05 million tokens. LINK remained above its 50-day and 200-day moving averages, with resistance between $9.30 and $10.80. Chainlink continued expanding tokenized finance infrastructure, supporting over $32 trillion in transaction value since launch. A Chainlink whale withdrew another 467,180 LINK worth about $3.94 million from Binance over the past 13 hours, according to Onchain Lens. The latest transfer occurred three hours before the report, lifting the wallet's holdings to 2.05 million LINK valued at about $17.7 million, as LINK traded above both its 50-day and 200-day moving averages. Whale Accumulation Continues According to Onchain Lens, the whale received two separate transfers from Binance during the period. The wallet first received 253,920 LINK worth about $2.14 million, followed by another 213,260 LINK valued near $1.8 million. The additional purchases increased the wallet's balance to 2.05 million LINK. Meanwhile, the transactions came as Chainlink traded around $8.80 on the daily chart. The technical picture also improved during July. LINK remained above its 50-day moving average at $8.52 and its 200-day moving average at $7.97 after recovering from late-June lows near $7.10. Technical Levels Stay In Focus According to the provided chart analysis, the 50-day moving average has turned higher while the 200-day moving average has flattened. Trading volume also remained moderate during the recent recovery. Source: Santiment Immediate support is at the 50-day moving average, followed by the 200-day moving average and the stronger support near $7.10. Meanwhile, resistance is between $9.30 and $9.50, with another resistance zone between $10.00 and $10.80. The analysis noted that a move above $9.50 with stronger volume could open the path toward the higher resistance region. Chainlink Expands Financial Infrastructure Beyond price action, Chainlink continues expanding infrastructure for tokenized finance. According to the provided information, the network has enabled more than $32 trillion in transaction value since launch. Its Cross-Chain Interoperability Protocol now supports projects including Aave, Mantle, Kraken, Coinbase and Robinhood. Meanwhile, DTCC integrated Chainlink's Runtime Environment into its Collateral AppChain, while Project Pangea brings together Chainlink with 47 European and South Korean banks to test regulated foreign exchange settlement using stablecoins. The post Chainlink Whale Adds $3.9M in LINK, Expanding Holdings to 2.05 Million Tokens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Chainlink Whale Adds $3.9M in LINK, Expanding Holdings to 2.05 Million Tokens

A Chainlink whale withdrew $3.94 million in LINK from Binance, increasing total holdings to 2.05 million tokens.
LINK remained above its 50-day and 200-day moving averages, with resistance between $9.30 and $10.80.
Chainlink continued expanding tokenized finance infrastructure, supporting over $32 trillion in transaction value since launch.
A Chainlink whale withdrew another 467,180 LINK worth about $3.94 million from Binance over the past 13 hours, according to Onchain Lens. The latest transfer occurred three hours before the report, lifting the wallet's holdings to 2.05 million LINK valued at about $17.7 million, as LINK traded above both its 50-day and 200-day moving averages.
Whale Accumulation Continues
According to Onchain Lens, the whale received two separate transfers from Binance during the period. The wallet first received 253,920 LINK worth about $2.14 million, followed by another 213,260 LINK valued near $1.8 million.
The additional purchases increased the wallet's balance to 2.05 million LINK. Meanwhile, the transactions came as Chainlink traded around $8.80 on the daily chart.
The technical picture also improved during July. LINK remained above its 50-day moving average at $8.52 and its 200-day moving average at $7.97 after recovering from late-June lows near $7.10.
Technical Levels Stay In Focus
According to the provided chart analysis, the 50-day moving average has turned higher while the 200-day moving average has flattened. Trading volume also remained moderate during the recent recovery.
Source: Santiment
Immediate support is at the 50-day moving average, followed by the 200-day moving average and the stronger support near $7.10. Meanwhile, resistance is between $9.30 and $9.50, with another resistance zone between $10.00 and $10.80.
The analysis noted that a move above $9.50 with stronger volume could open the path toward the higher resistance region.
Chainlink Expands Financial Infrastructure
Beyond price action, Chainlink continues expanding infrastructure for tokenized finance. According to the provided information, the network has enabled more than $32 trillion in transaction value since launch.
Its Cross-Chain Interoperability Protocol now supports projects including Aave, Mantle, Kraken, Coinbase and Robinhood. Meanwhile, DTCC integrated Chainlink's Runtime Environment into its Collateral AppChain, while Project Pangea brings together Chainlink with 47 European and South Korean banks to test regulated foreign exchange settlement using stablecoins.
The post Chainlink Whale Adds $3.9M in LINK, Expanding Holdings to 2.05 Million Tokens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
ලිපිය
BitMart Withdrawals Slow After Wind-Down NoticeOnchain data showed no BitMart withdrawals above $25,000 after the exchange announced its planned wind-down. Former Global CEO Nenter Chow said he was not informed about the shutdown before the public announcement. BitMart said withdrawals remain available, though compliance reviews may slow processing during the platform's closure. BitMart processed no Bitcoin, stablecoin or altcoin withdrawals above $25,000 during the past 24 hours after announcing plans to wind down its trading platform, according to Onchain Lens. Meanwhile, former Global CEO Nenter Chow said he learned about the decision only after it became public, despite his employment ending on July 24. Onchain Data Shows Limited Activity According to Onchain Lens, blockchain data covering more than 2.5 million BitMart-linked addresses showed no large withdrawals by retail users, market makers or listed projects. The analytics platform reported zero withdrawals above $25,000 across Bitcoin, stablecoins and altcoins during the period. Lookonchain also reported reduced withdrawal activity. According to its data, only 58 wallets withdrew about $805,000 over the previous 24 hours, while BitMart processed no withdrawals during the latest eight-hour period it monitored. Meanwhile, Arkham-identified BitMart wallets held about $69 million in crypto assets. That figure was down from roughly $102 million recorded on July 6. Former CEO Addresses Shutdown Nenter Chow said his employment as Global CEO ended on July 24 and his offboarding started immediately. He added that he had no management role after that date. https://twitter.com/50Nent/status/2081261906254533060?s=20 According to Chow, he was not consulted about the exchange's wind-down plans. He also said he was not informed before the public announcement and urged users to rely only on BitMart's official communications. Earlier, BitMart said withdrawals remain available. However, it warned that requests could face additional compliance and security reviews before processing. Wind-Down Timeline Draws Industry Attention BitMart previously announced it would stop new registrations, deposits and additional trading activity before ending trading services on Aug. 26. The exchange expects to complete its wind-down by Jan. 31, 2027. The announcement also prompted discussion about exchange acquisitions. Binance co-founder Changpeng Zhao said acquiring centralized exchanges requires careful review because buyers could inherit security vulnerabilities.  Zhao also noted that BitMart's process appeared to be an orderly wind-down and reminded users that self-custody remains an option for those able to secure their recovery phrases. The post BitMart Withdrawals Slow After Wind-Down Notice appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

BitMart Withdrawals Slow After Wind-Down Notice

Onchain data showed no BitMart withdrawals above $25,000 after the exchange announced its planned wind-down.
Former Global CEO Nenter Chow said he was not informed about the shutdown before the public announcement.
BitMart said withdrawals remain available, though compliance reviews may slow processing during the platform's closure.
BitMart processed no Bitcoin, stablecoin or altcoin withdrawals above $25,000 during the past 24 hours after announcing plans to wind down its trading platform, according to Onchain Lens. Meanwhile, former Global CEO Nenter Chow said he learned about the decision only after it became public, despite his employment ending on July 24.
Onchain Data Shows Limited Activity
According to Onchain Lens, blockchain data covering more than 2.5 million BitMart-linked addresses showed no large withdrawals by retail users, market makers or listed projects. The analytics platform reported zero withdrawals above $25,000 across Bitcoin, stablecoins and altcoins during the period.
Lookonchain also reported reduced withdrawal activity. According to its data, only 58 wallets withdrew about $805,000 over the previous 24 hours, while BitMart processed no withdrawals during the latest eight-hour period it monitored.
Meanwhile, Arkham-identified BitMart wallets held about $69 million in crypto assets. That figure was down from roughly $102 million recorded on July 6.
Former CEO Addresses Shutdown
Nenter Chow said his employment as Global CEO ended on July 24 and his offboarding started immediately. He added that he had no management role after that date.
https://twitter.com/50Nent/status/2081261906254533060?s=20
According to Chow, he was not consulted about the exchange's wind-down plans. He also said he was not informed before the public announcement and urged users to rely only on BitMart's official communications.
Earlier, BitMart said withdrawals remain available. However, it warned that requests could face additional compliance and security reviews before processing.
Wind-Down Timeline Draws Industry Attention
BitMart previously announced it would stop new registrations, deposits and additional trading activity before ending trading services on Aug. 26. The exchange expects to complete its wind-down by Jan. 31, 2027.
The announcement also prompted discussion about exchange acquisitions. Binance co-founder Changpeng Zhao said acquiring centralized exchanges requires careful review because buyers could inherit security vulnerabilities.
Zhao also noted that BitMart's process appeared to be an orderly wind-down and reminded users that self-custody remains an option for those able to secure their recovery phrases.
The post BitMart Withdrawals Slow After Wind-Down Notice appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
තවත් අන්තර්ගතයන් ගවේෂණය කිරීමට ඇතුල් වන්න
Binance චතුරශ්‍රය හි ගෝලීය ක්‍රිප්ටෝ පරිශීලකයින් හා එක්වන්න
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👍 සත්‍යායනය කරන ලද නිර්මාණකරුවන්ගෙන් සැබෑ විදසුන් සොයා ගන්න.
විද්‍යුත් තැපෑල / දුරකථන අංකය
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