Category: crypto

Uniswap has launched Earn, a lending product allowing users to deposit USDC, USDT, and ETH into Morpho vaults within its app. Earn is available on the Ethereum mainnet through Uniswap’s Web App and Wallet, with no additional fees charged. Users can earn interest paid by borrowers, managed by Morpho and Gauntlet.

XRP Ledger developers are preparing five proposed amendments for the upcoming xrpld 3.3.0 release, focusing on privacy, atomic settlement, and easier institutional onboarding. These amendments need validator approval before being activated on the XRP Ledger. The amendments aim to support global transfers, trading, collateralizing, and settling of tokenized assets.

A Hong Kong woman lost $3.3 million in a cryptocurrency scam orchestrated by an online romantic partner. The scam is part of a larger trend of relationship-based investment fraud in Hong Kong, with authorities warning investors to be cautious of guarantees of high returns from unfamiliar platforms. Losses from online scams in Hong Kong have…

Moneyflip CEO Marcos Arturo Kleiman Tronllan is charged with murder-for-hire, allegedly paying undercover agents $40,000 to kidnap and kill a businessman. Kleiman previously converted $750,000 into cryptocurrency for the agents, who then staged a fake murder of the businessman. The federal charge carries up to a 10-year prison sentence and a $250,000 fine.

Trading volume on South Korea’s major crypto exchanges dropped by 54.6% in the first half of 2026, with Upbit dominating the market. Upbit’s market share increased to 67.4% despite lower overall trading activity. A 22% crypto gains tax will be introduced in 2027. Smaller exchanges are exploring new growth strategies.

ARK Invest purchased 109,129 Circle shares worth $6.83 million after Circle received a limited-purpose trust charter in New York. The approval allows Circle to gradually transfer USDC issuance to its New York entity. Despite this regulatory progress, Circle’s stock price closed 2.54% lower on July 31.

Bitget upgraded BGBTC with daily Bitcoin rewards, Chainlink CCIP for cross-chain transfers, and oversight by Gauntlet. Holders receive BTC rewards, with BGBTC maintaining a 1:1 peg to Bitcoin. The upgrade offers fast redemptions, utility across Bitget products, and independent oversight. Users can earn yield without selling their Bitcoin exposure.

South Korea has approved the establishment of a new 20 trillion won investment account within its sovereign wealth fund to focus on artificial intelligence, data centers, and strategic industries. This marks the first time domestic investments will be allowed. The fund is expected to begin operations in 2027 after legal amendments are submitted in August.…

AFX will announce a goodwill plan for users affected by a $24.15 million bridge exploit on Aug. 3. The attack began with social engineering and targeted AFX’s custody bridge. Internal infrastructure was compromised, with recovery efforts ongoing. The incident was not related to Arbitrum’s native bridge. The investigation found evidence of a supply chain compromise.

New York has sued Kalshi for offering unlicensed gambling products and allowing underage users to access its prediction markets. The state is seeking at least $36 billion in penalties and restitution. This legal dispute follows a federal judge’s decision to allow New York to enforce its gambling laws against Kalshi.