Hyundai Settles a Cross-Border Treasury Payment in Seven Minutes
Hyundai moved $20,000 between its US and Mexican units as USDT on Avalanche in about seven minutes, against three to four hours by the conventional route.
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Cambridge Puts Ethereum's Power Draw at 0.90 Megawatts
Cambridge measured Ethereum at 7.87 gigawatt-hours a year and 0.90 megawatts of continuous demand, more than 99.9% below its pre-Merge level.
BlackRock's BUIDL Doubles on Avalanche to $900M in a Week
BlackRock's tokenized fund BUIDL went from about $464 million to over $900 million on Avalanche in seven days, close to a third of its $2.87 billion total.
Stablecoin Supply Sits $10B Below Its May Peak
Stablecoin supply stood at $312.23 billion in mid-July, roughly $10 billion under its May peak, with USDT and USDC both smaller than they were this spring.
Bitcoin and Ether ETFs Snap an Eight-Week Outflow Run
Spot bitcoin and ether funds took in a combined $281.8M in the week to July 10, the first positive week after $9.46B of withdrawals.
Bonzo Lend Loses $9.05M to a Flaw in a Price Oracle
An attacker deposited 250 SAUCE tokens, inflated their reported price through a flawed Supra oracle contract, and borrowed $9.05M against them.
Bitcoin's Difficulty Drops 5% in the Month's Second Big Cut
Bitcoin's mining difficulty fell 5.00% to 127.17 trillion on July 11, the second large downward move in a month, lifting hashprice 12.5% to $31.1.
Circle Wins Final OCC Approval for a National Trust Bank
Circle National Trust won final OCC approval, letting the issuer custody digital assets and eventually manage the USDC reserve under federal supervision.
Backpack Opens 24/7 Trading in Real US Equities
Backpack began trading actual US shares every day of the year, starting with SpaceX, Micron and SanDisk, convertible 1:1 into tokenized versions on Solana.
South Korea Starts Its First Government-Led Stablecoin Pilot
Gyeonggi Province will run an eight-month won stablecoin proof of concept from August, led by ZKrypto, with no issuer or legal frame named.
Bitcoin ETFs Snap a $509M Inflow Run as Ether Funds Extend Theirs
US spot bitcoin ETFs shed about $85 million on Wednesday, ending a three-day inflow run, while ether funds pulled in $70 million as both assets fell 3%.
A $150 Miner Solves a Block Alone for 3.1382 BTC
A hobbyist's $150 Bitaxe solved block 957382 solo on July 9, taking the full 3.1382 BTC reward against odds of one block per 16,000 years.