Crypto coverage

At its last stage for government approval, the state's executive council rejected the bond project 3-2.

Researchers warn AI agents could be tricked into downloading malicious code by exploiting the same hallucinations that cause chatbots to make mistakes.

The soon-to-be former chief legal officer did not announce the details of his next move but said that he would continue working with the Board of Coinbase National Trust Company.

AVAX One, which stockpiles the native token of the Avalanche crypto network, is back in Nasdaq's good graces after a reverse stock split.

Edward McGee stepped down after seven years, months after distribution chief John Hoffman left for Ondo Finance.

The company's post-trained GLM 5.2 preview pairs a cheaper open-source base with a frontier advisor—and it's already live in production.

Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday.

The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.

Former Fed Chair Ben Bernanke will have the power to appoint Anthropic board members as part of company's Long-Term Benefit Trust.

Bitdeer shares rallied after the company announced a $36 million Nevada manufacturing facility that will produce its SEALMINER Bitcoin mining machines and expand its hardware business.

Both US financial regulators are understaffed at the leadership level and lacking Democratic commissioners, with no announcement from President Donald Trump on filling the roles.

The companies urged the regulator to exempt blockchain developers and non-custodial wallet providers from rules designed for traditional financial intermediaries.

After a long stretch without breakthroughs in the crypto market structure bill, insiders say a new draft may emerge in a final push for late-July action — though it still lacks bipartisan buy-in.

Ethereum researchers are using AI agents to hunt for vulnerabilities, shifting security work from finding bugs to proving which ones are real.

Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF outflows.

OpenAI's new flagship model is out, after spending two weeks locked behind a government-approved preview. It lands the same week Fable 5 leaves Anthropic's subscription plans.

As AI-driven mining stocks retreat, investors are examining executive stock sales, governance and shareholder alignment across leading Bitcoin miners, according to Blocksbridge Consulting.

Labour lawmakers proposed a full moratorium on crypto donations in March, which some have sought be made permanent after millions of dollars in contributions were linked to Reform leader Nigel Farage.

US 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches.

The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.

Swift’s pilot allows 17 global banks to transfer tokenized deposits on weekends, but ultimate settlement still relies on legacy systems.

Bitcoin gained new upside targets for the daily close and beyond after US president Donald Trump said that Iran "wants to make a deal."

Compass Point analysts Michael Donovan and Ed Engel said markets are giving little credit to future AI data center pipelines despite billions of dollars in signed leases.

MARA Holdings has agreed to purchase a sizable plot of land in Texas to power its Bitcoin mining and growing AI compute ambitions.

The lawmakers have tabled amendments to make the current moratorium permanent, as the fallout over Reform UK's funding widens.

In this week's edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and banks about Ethereum.

Dealing with large post quantum signatures slowing down Bitcoin can be solved with bigger blocks, or aggregating signatures using STARK proofs.

Aave's new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits

MoonAgents lets users analyze markets and prepare crypto transactions through Telegram while keeping keys on their own devices.

KOSA and Chat Control both retreated on their most-criticized measures this week, but both kept mandatory age verification, the quiet mechanism that turns anonymous browsing into identified browsing for all of us, argues Billions CEO Evin McMullen.

Hong Kong’s regulator has ordered crypto platforms and online brokers to meet newly issued phishing-resistant login requirements within the next 12 months.

BNB Chain rebuilds itself for a world run by AI agents. BTC ETFs flows flip negative. And prediction markets face a new hurdle.

Trump's embrace of stablecoins is pushing Brussels to expand its crypto law to non-EU issuers and tokenized payments, EU diplomats say.

Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets.

Your day-ahead look for July 9, 2026

Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in starting capital.

Interpol said a suspect's crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests.

HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain payments platform.

The lender's new US subsidiary, Connectia Trust, would issue a dollar-pegged stablecoin once it clears the regulator's final conditions.

These options settle into underlying futures contracts rather than spot cryptoassets, involving no custody, transfer, or administration of tokens.

ETFs face record outflows

BTC rose 1.2% to $63,000 and Nasdaq futures jumped 2.6% with markets seemingly unconcerned by U.S. airstrikes on Iran. Bitcoin is now up 9% since the end of June.

Revolut said USDT support remains unchanged outside EEA and Switzerland as it winds down the stablecoin offering in selected European markets.

The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%.

Perpetual futures and Hyperliquid’s blockchain infrastructure are expanding into traditional asset classes with around-the-clock trading, according to Pantera Capital.

Bitcoin spot ETFs posted a fresh net outflow on Wednesday as analysis said that their "most overwhelming" outflow streak had ended without a clear demand recovery.

A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex.

The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.

A wave of blockbuster AI listings is drawing billions of dollars from global investors, reinforcing a rotation away from crypto.

The two Thai arrests were part of Operation First Light, a 97-country sweep that logged 5,811 arrests and intercepted $293 million.

The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill.

Swift launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster cross-border payments.

Santiment reported that bitcoin supply is at its lowest since 2017 and ether since 2015, adding that it doesn’t guarantee prices will move higher but helps set up crypto’s next bull cycle.

Binance is exploring new licensing paths into Europe while continuing to expand its regulatory footprint in Asia, says co-CEO Richard Teng.

Alfa-Bank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.

U.S. spot bitcoin ETFs lost a net $84 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million

Former BOJ official issues interest-rate warning as yen continues to slide against the dollar.

Robinhood's blockchain went live on July 1 to move stocks onchain. Its first breakout hit is a memecoin named after the mascot the company abandoned.

Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor.

Onchain scammers netted more than $14 billion last year, and approval phishing remains a primary attack vector.

Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds.

XRP defended the $1.00-$1.05 support zone, but the near-term chart remains capped below resistance as analysts track larger wedge and channel patterns.

Oil climbed for a third day and gold fell for a fourth while bitcoin is up 1.6% on the week.

Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said.

Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund.

Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak.

The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan.

SpaceXAI's new coding model is cheaper and faster than Anthropic and OpenAI's flagships—and by Musk's own account, at least one generation behind them.

Bitcoin faces renewed sell pressure amid an oil price surge, Japan economic contagion risks and a fresh round of selling from Strategy.

The investment firm said its fourth fund will back AI, robotics, and crypto startups as it broadens beyond digital assets.

Industry data shows trading activity and market value accelerating as crypto companies and traditional financial institutions expand tokenized equity initiatives.

Bitcoin is looking slightly more optimistic but failed the breakout everyone was watching. Meanwhile, ETH just printed a weekly death cross for the first time in years.

EU officials reportedly plan to consider changes to the Markets in Crypto-Assets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and rules on tokenized payments and deposits.

Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement.

Investors had backed away from Bitcoin since mid-May.

The Bitcoin Standard Treasury Company and Cantor Equity Partners I announced that they were looking into amending the terms of a 2025 merger deal that “better reflected market conditions.”

A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings.

Andrew Bailey reportedly said Bank of England policy remained independent after a meeting with Nigel Farage that included discussions on cryptocurrency.

The meme coin CashCat on Robinhood Chain is the latest flavor of the hour, and one trader has turned a mini-investment into a small fortune in less than three weeks.

The network’s 2026 roadmap targets faster transactions, AI-powered apps, and infrastructure aimed at competing with traditional financial systems, while preparing for a quantum future.