Crypto

Chainlink drew more than $7 billion of token value onto its cross-chain infrastructure in the second quarter as institutional adoption accelerated, according to its second-quarter review. The migration came as crypto projects replaced older bridging systems and traditional-finance firms moved deeper into tokenized markets, expanding Chainlink’s role across both sides of the digital-asset economy. Chainlink […] The post A $650 million wave of bridge hacks just triggered a $7 billion mass migration to Chainlink appeared first on CryptoSlate.

South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. South Korea’s KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export businesses in August using JPMorgan’s Kinexys network, according to multiple local media reports. Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenization and digital assets. The service will initially support US dollar transfers across 10 countries, including the US, Singapore, Saudi Arabia and the United Arab Emirates. Read more

Bitcoin price is trading around $64,500 to $66,000, and Grayscale just made a very bullish prediction that's splitting the trading community. The post Bitcoin Price Prediction: Grayscale Believes The Bear Market is Over appeared first on Cryptonews.

As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks.

Did the company followed the current trend of reducing its BTC exposure?

Bitcoin could lower mining difficulty by roughly 16% when its next adjustment arrives around July 26, handing the machines that remain online a considerably larger expected share of the network’s rewards while doing almost nothing to resolve the expensive power contracts, debt obligations and strategic pressures pushing some of the industry’s largest companies away from […] The post Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway appeared first on CryptoSlate.

Two Wall Street trading desks can hold economically similar exposure to Bitcoin and still pay materially different amounts to keep that exposure open. That's not because one desk made a better market call, but because the regulated products carrying the positions are inside collateral systems that don't always recognize them as parts of the same […] The post The $25 million Bitcoin glitch hiding inside Wall Street’s clearinghouses appeared first on CryptoSlate.

The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume.

SHIB, VVV, and PEPE lead the way on Sunday in terms of substantial gains.

Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. [Update, 10:32 UTC, July 26: Adds former CEO Nenter Chow’s statement] BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations,” it said in a Sunday notice. Read more

Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing.

SHIB is by far the top performer in the past 24 hours.

Around $167 million of Poolin's debt comes from IOUs issued after customer withdrawals were frozen during 2022's market crash.

Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. Cryptocurrency exchange Binance runs simulated phishing attacks against its own employees and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su. The fake attacks are conducted by Binance’s red team, an internal ethical hacking unit whose job is to break into systems to identify vulnerabilities. “We do phishing attacks on our own employees on a monthly basis just so we understand if our security hygiene is improving,” Su told Cointelegraph. “The ones that have failed it, we will do remediation training.”  Read more

Almost every high-value cryptocurrency launched since 2024 is now worth less than it was at launch, according to analytics firm CryptoRank.

While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services. The company behind the cryptocurrency and stock trading app, Robinhood, is reportedly discussing plans to expand its existing prediction markets offering with crypto exchange Crypto.com. According to a Friday Wall Street Journal report citing people familiar with the matter, Robinhood was in talks with Crypto.com to place yes-or-no event contracts supplied by the exchange. The trading company launched its prediction markets hub in March 2025, initially facilitated by Kalshi in order to comply with regulatory requirements from the US Commodity Futures Trading Commission (CFTC), and later using ForecastEx and Rotella.  The reported move came just days after Bernstein analysts raised the firm’s price target on Robinhood (HOOD) stock to $160 from $130 per share, based on the company’s outlook for prediction markets and tokenized equities. The...

BTC is marginally up since the news went live, but the actual volatility has historically taken place on Monday morning.

Issuer, chain, custody, redemption, market and launch choices will determine whether Wallet becomes a native transaction route or a narrower integration. The post Samsung Wallet is getting native stablecoins – and it could make one token the default for 800M users appeared first on CryptoSlate.

The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom. The US Department State Department has launched a program to “advance diplomatic efforts on digital freedom and freedom of expression” using a Bitcoin (BTC) advocacy organization as a partner. In a Friday X post, the Bitcoin Policy Institute (BPI) said that it would be a founding partner in the US State Department’s Freedom Tech Excellence Program (FTEP), alongside Palantir Technologies, Anduril Industries and the Victims of Communism Memorial Foundation. According to the organization, the program will allow its employees “to work alongside state department experts and defend digital freedoms around the world.” “FTEP brings private sector talent to the Department for limited-term assignments to advance diplomatic efforts on key issues including online freedom of expression, privacy-enhancing technologies, countering digital survei...

The European Union has sanctioned HTX, widening a Russia crackdown that has already affected counterparties beyond the exchange. The bloc placed Huobi Global S.A., the entity behind HTX, under a transaction ban in its 21st sanctions package adopted July 23. From Aug. 23, EU operators will be prohibited from transacting with the exchange, though the […] The post EU expands HTX crackdown as Russia-linked crypto network keeps shifting its financial rails appeared first on CryptoSlate.