šŸ”Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Kraken parent Payward shifts position on tokenized equities and voting rights

Kraken parent Payward shifts position on tokenized equities and voting rights

Payward, the parent company of cryptocurrency exchange Kraken, is changing its approach to how holders of tokenized equities can participate in corporate governance.While xStocks holders previously had no voting rights for the underlying shares, a collaboration with Broadridge will now allow eligibl…

Jack Dorsey's Block All Set for Q2 Earnings — Will XYZ Stock Keep Its Bullish Streak Going?

Jack Dorsey's Block All Set for Q2 Earnings — Will XYZ Stock Keep Its Bullish Streak Going?

Block Inc. )Ā will release its financials for the second quarter after the closing bell on Wednesday. Here’s what to expect as the stock builds strong momentum ahead of the announcement.In Focus: Earnings Estimates, Analyst RatingsAnalysts estimate theĀ fintech company,Ā up 27% year-over-year, but down…

Senators seek SEC probe of President Trump’s memecoin as crypto bill enters into a pivotal week

Senators seek SEC probe of President Trump’s memecoin as crypto bill enters into a pivotal week

Democratic Sens. Elizabeth Warren and Richard Blumenthal are calling on the U.S. Securities and Exchange Commission to investigate President Donald Trump's memecoin.In a letter sent Monday to SEC Chair Paul Atkins, the senators pointed to reports that nearly 1 million crypto wallets have lost money …

Mastercard completes BVNK acquisition to expand stablecoin payments infrastructure

Mastercard completes BVNK acquisition to expand stablecoin payments infrastructure

Mastercard has completed its acquisition of stablecoin infrastructure firm BVNK to advance its ability to connect crypto assets and traditional payment rails.In a statement released Monday, Mastercard said it will leverage BVNK's technology and expertise to help financial institutions, fintechs and …

NEAR co-founder proposes protocol sovereign fund for long-term sustainability

NEAR co-founder proposes protocol sovereign fund for long-term sustainability

NEAR Protocol co-founder Illia Polosukhin has proposed creating a protocol sovereign fund to improve the long-term sustainability of the network's tokenomics."I propose that we should establish a protocol sovereign fund that uses its proceeds to pay for public goods of the ecosystem, such as securit…

Michael Saylor says he’s never sold his personal bitcoin after Strategy dumps more BTC

Michael Saylor says he’s never sold his personal bitcoin after Strategy dumps more BTC

As his leading Bitcoin treasury continues to sell bitcoin, Michael Saylor has cleared the air on his personal stash."When I say 'Never Sell Your Bitcoin,' I speak as one saver to another. I have never sold mine," Saylor wrote in a post to X. "Not one satoshi. Strategy is a public company, not my wal…

Why Strike CEO Calls Coldcard Wallet Drain ā€˜One Of The Most Serious’ Bitcoin Hacks

Why Strike CEO Calls Coldcard Wallet Drain ā€˜One Of The Most Serious’ Bitcoin Hacks

For many Bitcoiners (BTC), the past two days have been particularly difficult due to a hack which Strike CEO Jack Mallers labeled ā€œone of the most serious wallet security incidents Bitcoin has seenā€.The Coldcard wallet drain, revealed by Block’s engineering team, had discovered that some Coldcard fi…

Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

Crypto exchange Luno is reportedly cutting about 20% of its global workforce as it restructures operations and shifts more resources toward institutional clients, financial infrastructure and business-to-business services.According to a Bloomberg report on Tuesday, Luno CEO James Lanigan said the co…

Russia detains crypto mining firm BitRiver founder on fraud charges: report

Russia detains crypto mining firm BitRiver founder on fraud charges: report

A Russian court has moved the founder of Russia's largest cryptocurrency mining company from house arrest to a pre-trial detention center, according to the local news outlet Bits Media.On Wednesday, the Zamoskvoretsky District Court of Moscow granted the transfer of BitRiver's Igor Runets as a stric…

Metaplanet’s brokerage deal ā€˜badly undersells’ plans for bitcoin-backed ā€˜Bitbonds,’ Benchmark says

Metaplanet’s brokerage deal ā€˜badly undersells’ plans for bitcoin-backed ā€˜Bitbonds,’ Benchmark says

Benchmark argued that investors are underestimating the importance of Metaplanet's recent acquisition of Siiibo Securities, saying the brokerage could lay the groundwork for bitcoin-backed "Bitbonds" and a new tokenized fixed-income market in Japan."When Metaplanet closed its Ā„2.1 billion (~$13 mill…

Monad Cuts Block Time to 300 Milliseconds Under MIP-12 Proposal

Monad Cuts Block Time to 300 Milliseconds Under MIP-12 Proposal

Monad announced that, under the MIP-12 proposal, it will reduce block time from 400 milliseconds to 300 milliseconds today at 10:30 AM ET on July 23. According to Foresight News, the change will take effect at the scheduled time.

Crypto ā€˜wrench attacks’ persist as total climbs to 52 and value targeted jumps more than tenfold, CertiK says

Crypto ā€˜wrench attacks’ persist as total climbs to 52 and value targeted jumps more than tenfold, CertiK says

While the frequency of crypto "wrench attacks" slowed during the second quarter, incidents continued, bringing the first-half total to 52, CertiK said in a report published Wednesday.One of the most notable trends so far this year, according to CertiK, is the amount of money stolen or demanded by at…