CMC Crypto News

Bitwise's Juan Leon says BTC's current 50% drawdown is its mildest structural bear market yet, as institutions accumulate and larger capital pools wait on US legislation.

Ark Invest bought ~$13.7M in Circle (CRCL) across 3 ETFs on July 9 as the stock slid 20% over 30 days, and sold $9.8M in Robinhood amid its rebalancing strategy.

Zcash's Ironwood upgrade activates July 28, shutting down the Orchard pool hit by an "infinity" bug and creating a fund migration trail to expose counterfeit ZEC.

The Ethereum Foundation ran coordinated AI agents against Ethereum's core protocol code and found real vulnerabilities, including a live CVE in a key peer-to-peer library now patched.

Hong Kong's SFC ordered crypto platforms and online brokers to replace OTP logins with phishing-resistant authentication within 12 months as spoofing attacks hit 57% of 2025 incidents.

Sony Bank received conditional OCC approval on July 2 to form Connectia Trust, a $40M US subsidiary targeting dollar stablecoin issuance, expected to begin operating in 2027.

MARA Holdings has agreed to buy a 1,200-acre powered site in Texas, in a deal worth up to $600M, targeting 2 GW of grid capacity for Bitcoin mining and AI compute.

MoonPay launched Telegram support for MoonAgents, letting users run crypto market analysis and prep transactions on mobile while keeping all data stored locally on their device.

Blockchain security experts say AI is helping hackers find smart contract flaws faster, with $1.32B stolen in H1 2026 and defunct protocols actively being targeted.

SWIFT's new blockchain ledger is live after 9 months of development, with 17 major banks set to pilot tokenized deposit payments across borders around the clock.

South Korea's central bank renewed its call for bank-led won stablecoin issuance while expanding deposit token pilots, keeping the Digital Asset Basic Act in limbo.

RBI documents call for crypto prohibition and a ban on bank exposure to digital assets, while Indian tax data shows fewer than 25% of crypto users reported gains in FY2023.

World.xyz is migrating from Solana to Robinhood Chain, with Chainlink staying on as oracle provider and Phantom stablecoin as the settlement asset.

CFTC Chair Mike Selig reaffirmed the Trump administration's stance against a CBDC, citing an executive order and a working group report blocking its development.

BNB Chain is building a new L1 for HFT and AI agents, targeting 100K TPS, sub-50ms preconfirmations, and a mempool-free design to reduce front-running risks.

Ripple signs Kansas Athletics as its first collegiate sponsor, funding student education, putting XRP on Jayhawks uniforms, and marking a first for NCAA jersey branding.

StarkWare CEO Eli Ben-Sasson says Bitcoin's 21M cap should be replaced with 4% annual issuance, citing lost private keys. The proposal drew swift pushback from the Bitcoin community.

Securitize (SECZ) has shed ~40% since its SPAC merger closed; analyst Jeff Dorman points to investor base turnover and a string of weak crypto IPOs as key drivers.