BitMEX and BitMart Announce Shutdowns Three Days Apart
BitMEX said on July 23 it would close after 11 years; BitMart followed on July 26 after nine. Both set withdrawal deadlines, and BMX fell 58%.
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Futu Becomes the First Licensed Hong Kong Broker to List BNB
Futu opened a real-time BNB order book under the SFC's virtual asset regime, restricted to Professional Investors holding at least HK$8 million.
The CFTC Tightens Event-Contract Self-Certifications
CFTC staff told exchanges to stop bundling event contracts into template self-certifications. Letter 26-22 requires each to be filed in full under Rule 40.2.
Singapore's Triple-A Has Its Hot Wallets Drained
Triple-A's hot wallets were drained across six chains and bridged into one Ethereum address. Published loss counts range from $9.3 million to about $12 million.
Mubadala Capital Tokenizes a Private-Markets Strategy
Abu Dhabi's Mubadala Capital put one of its private-markets strategies onchain with about $75M at launch, and Coinbase took exposure on its own balance sheet.
Mirae Asset Takes 97.15% of Korbit
Mirae Asset Consulting holds 97.15% of Korbit, the first time an affiliate of a traditional Korean financial group has controlled a domestic crypto exchange.
DEXE Falls About 85% After Team-Linked Wallets Move Tokens
DEXE fell about 85% on 22 July after team-linked wallets sent $6.2M of tokens to Binance. Three outlets gave three different closing prints: $4.83, $4.92 and $5.27.
Augustus Raises $180M to Build a Stablecoin Clearing Bank
Augustus raised $180 million led by Tiger Global at a $1 billion valuation to build a clearing bank for stablecoin settlement. It issues no token, only rails.
A Washington Court Enjoins Kalshi Over State Gambling Law
A King County judge barred Kalshi from offering event contracts to Washington residents, holding that federal commodities law does not displace state gambling law.
Saylor Publishes a 110-Point Case Against BIP-110
Michael Saylor set out 110 points against BIP-110, a one-year soft fork that would restrict data in bitcoin transactions and cut the signalling threshold to 55%.
Allbridge Core Loses $1.65M to an Account-Aliasing Flaw
Allbridge Core lost $1.65 million after its swap instruction accepted one pool account in two roles, letting a single address play both sides of a trade.
Cardano Is the Only Top-20 Gainer on a Quiet Weekend Tape
Cardano was the lone top-20 name with a real gain on a thin Saturday session, sentiment stayed in extreme fear, and the day's two market digests disagreed on the bitcoin and ether marks.