Author: WebDesk

AFX Trade has paused its Arbitrum-operated USDC custody bridge after approximately $24.15 million in USDC was drained on July 22, 2026, according to a Blockaid alert. The incident was detected at 21:30 UTC, targeting AFX’s bridge infrastructure rather than Arbitrum’s native bridge. The exact root cause remains under investigation by the project, while security firms monitor the flow of stolen funds to support recovery efforts.AFX Pauses Bridge After $24.15M USDC DrainAFX confirmed an incident involving its AFX-operated USDC custody bridge on Arbitrum, which handles USDC deposits/withdrawals for the project’s trading ecosystem. Immediately upon detecting the incident, AFX stated it paused…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase has added native staking support for Sui, giving eligible users a way to earn SUI rewards directly through the exchange without managing validators themselves. According to Coinbase’s staking support materials, SUI staking offers dynamic estimated rewards in the range of 1.4% to 3.3% APY, with eligibility restrictions that exclude New York. The structure uses auto-compounding, and rewards are tied to Sui’s epoch-based validator system, with Coinbase distributing user rewards on its own schedule. For Sui, the listing matters because Coinbase distribution can make staking easier for…

Alvin Lang Jul 24, 2026 04:03 During a U.S. stock selloff, oil jumped on renewed Middle East conflict headlines as Treasury yields climbed and fed funds futures boosted the implied chance of a September hike. Polymarket sees 84% odds of zero Fed cuts in 2026 after risk-off swing Polymarket Reprices “0 Fed Rate Cuts in 2026” After Risk-Off Session and Rising Yields Polymarket traders are pricing a high likelihood that the Fed delivers zero rate cuts in 2026, with the leading rung at 84.45% after a +2.35 pp move on $44.68M in volume.…

Senate Republicans on Wednesday released an updated draft of the Digital Asset Market Clarity Act, unveiling a long-awaited ethics package negotiated with the White House just as lawmakers race to bring the crypto market structure bill to a floor vote before the August recess. The new text merges language from the Senate Banking and Agriculture Committees and, for the first time, includes conflict-of-interest rules covering the president and other senior officials, a provision Democrats have demanded for more than a year.US Senate Republicans released new crypto Clarity Act draft billWhat the ethics package doesThe revised bill would bar the president,…

Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and PeckShield and tracked by Lookonchain, pushed July’s total hack losses well past June’s tally, underscoring a persistent weakness in how bridges and privileged contract permissions are secured.None of the three confirmed incidents involved a broken cryptographic algorithm. Instead, each exploited either a logic flaw that let attackers extract funds the code was never meant to release, or a compromised administrative…

Jessie A Ellis Jul 24, 2026 00:26 Bitcoin is nearing a $69,000 test as ETF inflows persist, even as pros stay cautious about positioning. Polymarket sees July Fed hold at 74% as BTC nears $69K and ETF inflows Bitcoin’s $69K Test and ETF Inflows Trigger Polymarket Repricing on the July Fed “No Change” Line On Polymarket’s “Fed Decision in July?” ladder, traders have pushed the leading “No change” contract up to 73.75% (+2.25pp) on $88.07M volume. The move follows a bitcoin-focused catalyst about a $69,000 test and ETF inflows, offering a read on…

The X account of Robinhood CEO Vlad Tenev was recently compromised and used to promote the fake memecoin Vladhood (VLAD), with the hacker making $1.2 million in trading fees.On July 23, a malicious actor launched the VLAD memecoin on the newly debuted Robinhood Chain (an Ethereum Layer-2 network). He then promoted it on the executive’s compromised X page, calling it the “official Robinhood Chain mascot”. Within hours, the token’s trading volume surged to $22 million. Its price skyrocketed by over 90,000% to trade at around $0.0026. The contract accumulated 5,266 holders and 137,000 transfers on Robinhood Chain. In a typical rug pull,…

Key TakeawaysMubadala Capital tokenized its Alternative Solutions Fund, drawing $75 million onchain as of July 23, 2026.Coinbase took a direct balance sheet stake, an early case of a public crypto firm backing a tokenized fund.KAIO now administers $144 million in tokenized funds after Tether led its $8 million round in April 2026. Mubadala Capital, the alternative asset management arm of Abu Dhabi’s Mubadala Investment Company, oversees roughly $430 billion in assets managed, advised, or administered. That scale puts weight behind the move. A sovereign-linked manager of this size choosing to tokenize a fund signals something beyond experimentation. The news was…

Japan’s latest crypto law changes have revived the country’s spot Bitcoin ETF discussion, but the important part is the timeline. This is not an approval story today. It is a regulatory groundwork story, and that means investors need to be patient. The Japanese Cabinet submitted the Bill for Partially Amending the Financial Instruments and Exchange Act and the Payment Services Act to the 221st session of the National Diet, moving crypto assets toward treatment as financial assets under the FIEA rather than only payment instruments under the Payment Services Act. That sounds technical, because it is. But it could matter…

RAS AL KHAIMAH, UAE, July 23, 2026: BFM Company Limited today introduced Bitcoinist.App, a non-custodial Bitcoin mining app and Learn-to-Mine platform released exclusively for iOS. Available from the Apple App Store, Bitcoinist.App gives people a simple way to learn how Bitcoin mining works, access real hashpower, create private Bitcoin mining pools, and receive payouts directly to a wallet they control. Onboarding uses Sign in with Apple, and users can begin from an iPhone without buying mining hardware or entering payment information. Most people will never run a miner at home. In some regions, particularly parts of the developing world, high…