Crypto

The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment. Crypto security researchers uncovered and neutralized a critical threat affecting thousands of smart contracts, potentially preventing more than $10 million in crypto from being stolen.  On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in an X post that a backdoor exploit had been silently threatening the ecosystem for months. The researcher said the exploit targeted uninitialized ERC-1967 proxy contracts, allowing them to hijack the contracts before they had been properly set up.  Venn Network discovered the vulnerability on Tuesday, triggering a 36-hour rescue operation involving several developers, including security researchers Pcaversaccio, Dedaub and Seal 911, who worked together to evaluate affected contracts and move or secure vulnerable funds. Read more

Coinbase has partnered with Copper to offer off-exchange settlement via ClearLoop, aiming to meet growing institutional demand for secure crypto trading. Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with Cointelegraph. The move aims to reduce counterparty risk and boost capital efficiency, two major concerns for institutional crypto participants operating at scale. Ethena, a stablecoin protocol known for its role in hedging USDe, has been named a day-one launch partner for the integration. Read more

The collab with Telegram’s TON blockchain appears to show that celebrity-led NFTs, at least on apps like it, aren’t entirely dead.

The Chinese parent company of Alipay is set to incorporate the stablecoin into its blockchain platform, as per unconfirmed reports.

Elon Musk said Grok may soon discover new physics as xAI works on a more advanced, vision-capable model. The xAI team revealed its latest development plans following the launch of Grok 4, as founder Elon Musk shared bold predictions about artificial intelligence. During a Thursday livestream on X, the xAI team said the first public release of Grok 4 is based on the company’s sixth foundation model. A seventh version is currently in training and expected to be completed “in a few weeks,” with improvements focused on “weakness on the vision side.” The update is significant in light of Musk’s broader plans. During the livestream, he said that Grok will be able to interact with the real world through Tesla’s Optimus robot. Read more

Studios agree to "strike suspension language" preventing AI scabs and substantial pay increases through 2027.

Ripple ranks as one of the top 10 pre-IPO companies on EquityZen, while major crypto firms like Tether and Gemini saw the largest spike in popularity in Q2 2025. The bankruptcy of Linqto, a private investment marketplace holding 4.7 million secondary shares of Ripple, will have no impact on the broader pre-initial public offering (IPO) markets, according to EquityZen. Linqto filed for Chapter 11 bankruptcy on Monday, fueling investor concerns about the status of private investments. The company previously allowed users to invest in private companies such as Ripple ahead of potential public listings. According to EquityZen, one of the largest secondary trading platforms for private shares, Linqto’s bankruptcy has no impact on other businesses in the pre-IPO market. Read more

Australia has approved 24 tokenized asset use cases under Project Acacia, enabling real-money trials across major banks and fintechs.

xAI’s latest AI model aims to challenge OpenAI, even as the team quietly addresses past missteps this week.

The social platform founded by Donald Trump is rolling out a loyalty rewards system with plans for a utility token.

The launch positions education lending as a new use case for tokenized real-world assets, combining investor yield with social impact.

The stablecoin of the fourth-largest cryptocurrency by market cap is steadfast approaching global acceptance.

Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US. Binance co-founder Changpeng Zhao’s family office, YZi Labs, is set to back a new treasury firm that will offer investors exposure to BNB with aims of going public in the US. YZi Labs said on Wednesday it will support the investment firm 10X Capital in spinning up a BNB (BNB) treasury company that will pursue a listing on “a major US exchange,” according to a statement shared with Cointelegraph. Called “The BNB Treasury Company,” the company will appoint David Namdar as CEO. He’s a senior partner at 10X Capital and a co-founder of Galaxy Digital, where he was formerly co-head of trading. Read more

Hong Kong is processing license inquiries from more than 40 companies ahead of its new stablecoin regulation, according to a report published by Yicai. The regulation, under the Stablecoin Bill, will come into effect on August 1, when the Hong Kong Monetary Authority (HKMA) begins accepting formal applications.Major Firms Line Up for Stablecoin Licenses Firms […] The post Hong Kong Draws Stablecoin Applications from Over 40 Major Firms appeared first on Cryptonews.

Logan Paul’s former assistant Danielle Strobel’s early token access and equity stake weren’t enough to establish jurisdiction, a judge found.

Ethereum (ETH) reclaimed the $2,700 threshold one day after spot exchange-traded funds (ETFs) listed in the US tracking the asset surpassed $4.5 billion in cumulative net inflows on July 8, according to Farside Investors’ data. As of press time, Ethereum is priced at $2,723.98, up by 4.1% in the past 24 hours. ETH lost the […] The post Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods appeared first on CryptoSlate.

Emirates is working with Crypto.com to enable cryptocurrency payments, three years after first announcing a Bitcoin integration.

Multiple XRP futures ETFs await SEC approval this July. Key decisions may shape the future of XRP trading in the U.S.

USDT prices have reportedly risen in Argentina as demand for US dollars rises in the Latin American nation. The post USDT Prices Surge in Argentina as Dollar Demand Spikes appeared first on Cryptonews.

The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data.  The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net […] The post Rex-Osprey spot Solana ETF doubles cumulative inflows to $41M on July 8 appeared first on CryptoSlate.