Author: WebDesk

WEMIX has suspended bridges connected to WEMIX3.0 after discovering that a contract related to WEMIX$was compromised, leading to the unauthorized issuance of approximately 5,225,525 WEMIX$. According to an announcement on July 27, 2026, the abnormal transaction occurred at 18:17 UTC+9, causing assets to be converted into 30,736 WEMIX and 724,198.27 USDC.e before being moved out of the ecosystem via cross-chain routes.The IncidentWEMIX stated that the abnormal transaction was recorded at 18:17 on July 26, 2026 Korean time (UTC+9), after ownership rights of a contract related to WEMIX$ were compromised. These rights were subsequently used to issue WEMIX$ unauthorizedly and transfer…

Hyperliquid vs Kraken is a duel between two security philosophies. Kraken’s claim is historical: fifteen years, zero customer-fund breaches, the cleanest custodial record in crypto. Hyperliquid’s claim is structural: your funds never leave your wallet, so there’s nothing to breach. Both arguments are strong. Therefore, this comparison weighs them — alongside fees, products, and rewards — to find who actually deserves your capital in 2026.Quick verdict: Hyperliquid wins for traders and airdrop farmers on cost and rewards. Kraken wins for long-term holders who want regulated custody, staking, and fiat rails. For the deep dives, read our Hyperliquid review and Kraken…

Russia’s largest lender, Sberbank, plans to launch a regulated cryptocurrency trading infrastructure and digital asset depository by December 1, 2026, marking a major step in the country’s effort to integrate digital assets into its traditional financial system. The initiative follows the approval of Russia’s new cryptocurrency framework, which allows licensed financial institutions to provide crypto trading, custody, and settlement services under government oversight.The project highlights Russia’s continued shift toward regulated digital asset adoption. While cryptocurrency remains prohibited as a means of payment for goods and services inside the country, authorities are expanding its use for investment and approved cross-border settlements…

Singapore-based crypto payments firm Triple-A says it remains fully capitalized and capable of meeting all liabilities after unauthorized access to wallets containing company-owned digital assets, emphasizing that customer funds were never at risk due to its segregated custody model.The company identified the incident on July 25, 2026, and said the breach affected only its treasury wallets. While Triple-A has not disclosed the financial loss, blockchain security researchers estimate that approximately $11.8 million in digital assets was stolen.Treasury Wallets BreachedIn a newsroom statement, Triple-A confirmed unauthorized access to wallets holding its own digital assets. The company said the breach was limited…

X Money has begun rolling out to Premium and Premium+ subscribers in the United States, adding deposit accounts, instant transfers, and a Visa debit card directly to the social media platform. Summary X Money offers annual yields of up to 6% and free transfers between users. Eligible X Card purchases can earn 3% cashback, with free ATM withdrawals also available. A cash sweep program provides eligible users with up to $10 million in FDIC coverage. X has not announced support for Bitcoin, Dogecoin, or any other cryptocurrency. X Money brings banking tools inside the social platform X Money combines peer-to-peer…

Peter Zhang Jul 27, 2026 22:38 Anthropic CEO Dario Amodei opposes a ban on open-weight AI models, highlighting risks tied to authoritarian misuse and U.S.-China competition. Anthropic CEO Dario Amodei has taken a firm stance against banning open-weight AI models, directly addressing speculation that his company might favor such restrictions to shield its position in the industry. “Anthropic has never advocated for a ban on open-weights models,” Amodei said in a statement published on July 27, 2026. This comes as U.S. officials consider limiting domestic use of open-weight AI models from China, citing…

Caroline Bishop Jul 27, 2026 22:10 Avalanche (AVAX) introduces dynamic validator incentives through new governance proposals, aiming for sustainable network economics. Avalanche (AVAX) is making a bold shift in its economic model by transitioning from static parameters to dynamic mechanisms for managing validator incentives, issuance, and fees. Three key Avalanche Community Proposals (ACPs) — ACP-273, ACP-283, and ACP-285 — represent a deliberate effort to optimize the network’s long-term security and sustainability. With AVAX currently trading at $6.56 and a market cap of $2.58 billion as of July 27, 2026, these reforms arrive at…

Rebeca Moen Jul 27, 2026 21:08 Avalanche introduces Gross Chain Product (GCP), a metric to track on-chain economic output, aiming to isolate real blockchain activity from token price volatility. The Avalanche Foundation has unveiled Gross Chain Product (GCP), a new framework designed to measure economic activity across blockchain ecosystems. Drawing inspiration from traditional Gross Domestic Product (GDP) metrics, GCP aims to track the real economic output generated on-chain while separating it from the often extreme fluctuations in token prices. This distinction is critical in a sector where token values can swing dramatically within…

Coinbase’s Chief Policy Officer, Faryar Shirzad, struck an optimistic tone regarding the long-awaited Clarity Act on Monday, claiming there was bipartisan support for the bill in its current form.   Speaking to Fox Business Monday, Shirzad said it was time for Democrats and Republicans to unite on the Clarity Act — and added that a vote could come as soon as next week.  “This bill is an extraordinarily bipartisan piece of work,” he said. “It’s ready for final action. We’re very excited it’s going to get done.” JUST IN: 🇺🇸 Coinbase Chief Policy Officer talks CLARITY ACT on FOX”This bill is…

Crypto.com is expanding its institutional-grade custody services to include native tokens of the XYO ecosystem, a decentralized physical infrastructure network (DePIN), as institutional interest in infrastructure projects grows.The custody expansion allows eligible institutional investors and high-net-worth clients to hold XYO ecosystem tokens through Crypto.com Custody, the company announced Monday.Crypto.com said its custody platform will support both XYO and XL1, which are part of the XYO Network dual-token model. XYO secures and incentivises data validation across the network , while XL1 is the network’s Layer-1 blockchain token that powers transactions and network operations. “Digital asset organizations require a custodial solution that delivers…