By Olivia Stephanie from crypto.news A Moscow court has moved BitRiver founder Igor Runets from house arrest to pretrial detention as investigators examine an alleged fraud involving nearly ₽1 billion. The Zamoskvoretsky District Court approved the change on July 22 and ordered Runets to remain in custody for two months. The new charge became public
By Olivia Stephanie from crypto.news ARK Invest’s director of digital assets research, Lorenzo Valente, said on July 28 that crypto is entering its deepest consolidation phase, with revenue and investment flowing toward fewer businesses. ARK Invest data shows application revenue concentrating He said Hyperliquid and Pump.fun account for 67% of application revenue and that adding
By Olivia Stephanie from crypto.news Crypto security losses reached $1.1 billion across 212 verified incidents during the first half of 2026, according to an H1 report published by Blockaid on July 28. Blockaid says operational failures drove crypto security losses Blockaid described the six-month incident count as a record and said it verified more exploits
By Krisztian Sandor from CoinDesk Bitcoin and the broader crypto market have stayed relatively steady even as AI-linked tech stocks came under pressure. Bitcoin held around $65,000, up about 4% since Friday, while ether (ETH) hit its strongest price in nearly two months. That resilience now faces a major test. With the Federal Reserve’s policy
By Olivia Stephanie from crypto.news KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export companies in August 2026. The South Korean lender will use Kinexys by J.P. Morgan to support U.S. dollar payments across 10 countries. The service will connect Kinexys with existing SWIFT payment rails. It will support near-real-time
By Olivia Stephanie from crypto.news Europe’s crypto market has moved beyond the race to secure a Markets in Crypto-Assets licence. The next test is whether authorised firms can afford the staff, capital and controls required to keep operating under the European Union’s full rulebook. The cost pressure may push smaller crypto companies towards mergers, sales
By Oliver Knight from CoinDesk The crypto market is consolidating, with bitcoin modestly lower since midnight UTC as it settles into a range between $64,000 and $66,800 that has held for the past week. The price action reflects a market catching its breath. Bitcoin has rallied more than 13% since its July 1 low of
By Rony Roy from Crypto.news Odos Protocol has announced plans to shut down its decentralized exchange aggregator, giving users until July 30 to withdraw assets from the platform. According to a Thursday announcement posted on X, the project will discontinue operations and has asked users to remove funds before the deadline. The team did not
By Lawrence Mondal from crypto.news Fortune reported on July 24 that Thune does not expect the Senate to approve the crypto market structure bill before lawmakers leave Washington, removing a deadline that industry supporters had viewed as critical to its passage this year. Attention has now moved to the short period after the November midterm
By Francisco Rodrigues from CoinDesk BNY, the world’s largest custody bank, plans to support round-the-clock settlement of conventional and tokenized U.S. Treasuries in 2027, after completing an after-hours trade involving the reserves of 2 stablecoin issuers. The bank will test tokenized Treasuries on a private blockchain by the end of the year and will extend
