Crypto

The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.

XRP trades near $1.09 as Korean exchanges show stronger conviction in XRP than Bitcoin. Analyze the technical setup, key levels, and what triggers the next breakout. The post XRP Price Prediction: Can Korean Demand Trigger XRP’s Next Breakout? appeared first on Cryptonews.

Your look at what's coming in the week starting July 20.

Perpetual futures trading doesn't care about conviction. It cares about your margin. Is there money to be made? The post The Double-Edged Sword of Perpetual Trading: Hero to Zero, or Vice Versa appeared first on Cryptonews.

The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large-scale corporate stablecoin rollout.

Despite the announcement, HYPE's price showed little immediate reaction, suggesting traders remain focused on broader market conditions.

Zcash’s Orchard implementation has increased interest in how users move between different privacy-focused assets, including swaps between Zcash and Monero. For those not familiar with Orchard, this is Zcash’s third-generation shielded pool, which is built to replace older privacy systems with stronger efficiency and more modern cryptography. It uses the Halo 2 proving system, Pallas-based […] The post How to Swap Zcash to Monero With No KYC, in One Step appeared first on Cryptonews.

The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits The Bank of Korea may launch the second phase of Project Hangang, its wholesale central bank digital currency (CBDC) pilot, as early as September, according to Yonhap News. The next stage expands participation to nine banks from seven, introduces new payment features and tests government subsidy disbursements through tokenized bank deposits. Regional lenders Kyongnam Bank and iM Bank will join the existing group of participants. Project Hangang uses a blockchain-based wholesale CBDC issued by the central bank as the settlement asset for deposit tokens issued by commercial banks. Consumers can then use the bank-issued tokens for everyday payments. Read more

Markets await second-quarter earnings reports from key tech firms, which begin this week.

Days after Kimi K3 rattled chip stocks, Moonshot is moving toward a Hong Kong listing at a $30 billion-plus valuation while Alibaba's Qwen goes open-weight.

Allbridge has asked users to withdraw liquidity immediately after a $1.65 million exploit.

Bitcoin ETFs have attracted $273 million in new inflows in two weeks, but the total is barely enough to cover a single "slow" week of recent selling.

Brent jumped almost 4% on escalating U.S.-Iran strikes, while Asian chip stocks stayed under pressure from Friday's Chinese AI shock.

A relatively light week lies ahead on the US economic calendar as investors look for signals ahead of the Federal Reserve’s next meeting. 

The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year. Cardano has activated its van Rossem hard fork as of Saturday, upgrading the Cardano mainnet to version 11, which is expected to lower smart contract execution costs and lay the groundwork for Ouroboros Leios, a major scalability upgrade for the protocol.  Onchain data from Cardanoscan shows the network moved from Protocol Version 10 in epoch 643 to Version 11 in epoch 644. “As well as Plutus improvements and Plutus Cost Model enhancements, this upgrade lays the foundation for the next upgrade, the Dijkstra era hard fork, which will introduce Ouroboros Leios to Cardano,” Input Output wrote in a weekly development report on Friday. Read more

The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate. Allbridge, the company behind cross-chain stablecoin bridge Allbridge Core, said it has paused the protocol as a precaution after a “security incident” that reportedly saw $1.65 million drained on Sunday. The incident affected Allbridge Core’s Solana deployment, with the attacker having already bridged the stolen funds from Solana to Ethereum before moving them into privacy pools.  “Allbridge Core is experiencing a security incident,” it said in a post on X on Sunday. “We have paused the protocol as a precaution while we investigate. If you have liquidity in affected pools, please withdraw now.”  Read more

The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt JPYC to make payments to around 2,300 business partners, in what is expected to be the first large-scale corporate use of the yen-denominated stablecoin in Japan.  According to a report from Nikkei, JPYC will be used to pay fees and compensation to individual contractors who handle transportation, including truck drivers; the use of the stablecoin will allow faster and more frequent payments, as it does not charge transfer fees.  AZ-COM Maruwa is also considering a partnership with JPYC and an investment of over 1 billion Japanese yen ($6.2 million). Read more

Financial Services Commission Chair Lee Eog-won posted the figures on the second anniversary of the enactment of the Virtual Asset User Protection Act. South Korea’s financial authorities investigated more than 40 cases of unfair trading, including market manipulation and fraudulent crypto trading, in the last two years.  According to an X post by Financial Services Commission Chair Lee Eog-won, 30 cases were reported to or referred to investigative agencies, which identified 25 suspects since the Virtual Asset User Protection Act took effect in July 2024. Lee said the average unlawful gains were around 1.4 billion Korean won ($940,000). Read more

The fate of the CLARITY Act hinges on Trump’s ethics, so the odds aren’t looking great. Prediction market volumes hit new highs, and more news. Polymarket suggests the odds of the CLARITY Act passing this year are just 40%, after a raft of Democratic Senators, including Chris Murphy, Jeff Merkley and Chris Van Hollen, spoke out against the bill. A crucial Senate vote could happen as early as this week, with Senate Majority Leader John Thune stating it will definitely be held before Aug. 10. Democrat Senator Elizabeth Warren is trying to spoil the vote by highlighting how much money President Donald Trump has extracted from the industry. She demanded Trump voluntarily release his crypto earnings for this year, after his 2025 disclosure, showed he earned more than a billion dollars from crypto last year. The controversy means that Senate Democrats are unlikely to support the bill without a provision banning elected officials promoting or issuing cryptocurrency. Summer Mersinger, the CEO of the Blockchain Associ...

Strategy introduced its Digital Credit Capital Framework, boosting its U.S. dollar reserve target to roughly $3 billion.