Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9% below its all-time high. Step App, a move-to-earn platform, is shutting down after four years of operation, joining a growing number of crypto companies winding down amid an ongoing market slump. The company announced Wednesday on X that it will wind down all services by Aug. 21, asking users to unstake locked tokens and manage their exchange positions before the date. “We are incredibly proud of what Step App achieved — not just as a product, but as a movement,” Step App said. Read more
Tokenized cows may have gone viral, but they’re just the latest in a long line of strange things to find a home onchain, from farts, to human skin and destroyed artworks Brazil’s B3 stock exchange made headlines last month when its tokenized cows went viral. A farmer in southern Brazil was able to use 10 cows as collateral for a 100,000 Brazilian real ($19,600) loan by virtually herding them into a blockchain based holding pen, demonstrating how farmers can literally milk their assets to access credit. And it raises an obvious question: if cows can be tokenized, what can’t be? Read more
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region. Blockchain.com has secured a virtual asset service provider (VASP) license from the Cayman Islands Monetary Authority to offer custody services. Granted on July 22, 2026, the license allows the cryptocurrency services company to provide regulated crypto custody services in the Cayman Islands, according to a Thursday announcement reviewed by Cointelegraph. The license followed a conditional approval issued by CIMA in December 2025. The license also allows Blockchain.com to provide crypto-to-fiat and crypto-to-crypto exchange services. The company has held a VASP registration in the Cayman Islands since May 2022. Read more
Tokenized real-world assets accounted for more than a third of Hyperliquid’s quarterly trading volume, generating 6.6% of the protocol’s $169 million quarterly revenue. Tokenized real-world asset (RWA) trading now accounts for more than 33% of the trading activity on decentralized exchange Hyperliquid. HIP-3 RWA perpetual contracts saw their share of trading volume increase to 32.2% during the second quarter of 2026, up from 20.7% in Q1 and 1.8% in Q4 of 2025. RWA trading volume reached $213 billion during Q2 on Hyperliquid, according to its quarterly report published on Wednesday. Hyperliquid said that RWA trading generated 6.6% of the protocol’s quarterly revenue of $169 million. Of that $169 million, the platform said it returned $141 million to token holders through Hyperliquid (HYPE) token buybacks. Hyperliquid reported over $1 billion in cumulative protocol revenue. Read more
The self-custodial Bitcoin Lightning Network wallet disabled infrastructure after an incident and founder Evan Kaloudis said no customer funds were lost and no Lightning vulnerability was found. Zeus Wallet, a self-custodial Bitcoin Lightning Network wallet, took its infrastructure offline after a cybersecurity incident on Wednesday, and is auditing its systems before restoring services. In an X post announcing the incident, Zeus said the attack did not put customer funds at risk and that it had no evidence the incident affected Lightning node software. “Based on our investigation so far, we believe this incident was limited to Zeus infrastructure,” Zeus founder Evan Kaloudis said in a company blog post. According to Kaloudis, Zeus mitigated the attack within hours. He said that customers whose Lightning Service Provider (LSP) channels closed during the incident will receive replacement channels once services resume. Read more
While only 12 of 46 documented attempts resulted in payment, data leaks and attacks on relatives are widening the physical risks facing crypto holders. Criminals stole more than $30 million through physical attacks on crypto holders in the first half of this year, putting the year on pace to surpass the record $58 million stolen in 2025. In a Chainalysis report released Thursday, the blockchain analytics firm said that 46 violent crypto-related incidents had been documented globally through late June, up from 40 during the same period in 2025. The incidents include kidnappings, home invasions and hostage situations, collectively known as “wrench attacks.” The findings suggest wrench attacks are increasing, expanding the risks facing crypto holders beyond custody and asset management to their physical safety, homes and families. Read more