Latest Crypto News & Market Updates

Balance Coin crashes 99% after reported $915K 42DAO exploit

Balance Coin (BLC), an algorithmic stablecoin designed to track the U.S. dollar, lost more than 99% of its value after blockchain security firms reported a suspected exploit involving 42DAO.　　PeckShield said the incident caused about $915,000 in losses and linked the BLC collapse to an exploit affecting 42DAO, the decentralized organization connected to the Balance Protocol ecosystem. The security firm said Balance Coin “has plummeted -99%” following the reported attack.　　#PeckShieldAlert Balance Coin $BLC has plummeted -99% @42dao_official @42dao_official has been exploited for ~$915K pic.twitter.com/1bdRpMQBs3　　— PeckShieldAlert (@PeckShieldAlert) July 22, 2026　　The price fell from close to its intended $1 peg to a record low of $0.001209 on July 22. At the time of checking, CoinMarketCap showed BLC trading near $0.00247, down 99.75% over 24 hours. Its 24-hour range stretched from $0.001209 to $0.9955.　　Security firms trace suspected attack to two transactions　　TenArmor reported detecting two suspicious transactions involving GemJoin and 42DAO on BNB Chain. Onchain data cited in reports showed that the first transaction minted about 4.5 million BLC from a null address before moving the tokens to PancakeSwap V2.　　The attacker then reportedly swapped the newly created BLC for Binance-pegged USDT, also known as BSC-USD, and Binance Bitcoin (BTCB). Around two hours later, a second

07-22Industry

Aztec Launches V5 Alpha to Make Ethereum Privacy Faster and Cheaper

Aztec V5 brings private Ethereum transactions to everyday laptops and smartphones with faster proving times.The upgrade cuts proof costs, speeds up block production, and makes private token transfers cost under $0.05.Despite major privacy improvements, Aztec continues to prioritize security after vulnerabilities in its V4 release.　　Privacy-focused Ethereum Layer 2 network Aztec has launched the alpha version of its V5 upgrade, bringing fully private transactions to its network while allowing users to generate zero-knowledge proofs on ordinary laptops and smartphones instead of specialized hardware. The upgrade aims to make private transactions easier to use on Ethereum without relying on centralized proving infrastructure.　　The upgrade went live onchain Tuesday after receiving approval from token holders. Aztec said in a press release that it cuts private proving times by more than half, reduces transaction costs, shortens average block production from 14 seconds to six seconds, and lowers Ethereum proof verification costs by about 40%.　　Client-Side Proving Targets Everyday Devices　　Aztec co-founder Zac Williamson said in an interview that the goal is to make private transaction proofs run on everyday devices instead of specialized hardware. “We need to prove things on phones, on consumer laptops,” he said, adding that the technology must run on affordable computers if it

07-22Industry

Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting

Satsuma shareholders have voted to unwind the companys bitcoin treasury and pull its shares off the London Stock Exchange.　　At a general meeting on July 20, holders passed two special resolutions: one to return substantially all of Satsuma‘s capital to shareholders, the other to cancel the company’s listing on the FCAs Official List.　　The capital return resolution carried 90.63% support, with 7,869,182,042 votes in favor against 813,703,719 opposed. The delisting resolution passed with near-identical margins, 90.59% in favor.　　The board will now close out Satsuma‘s trading operations and sell the company’s remaining bitcoin, roughly 668 BTC.　　The stock had traded as Satsuma Technology PLC (LSE: SATS), one of the UKs bitcoin treasury vehicles, second in size only to The Smarter Web Company.　　A timetable set out in the June 24 shareholder circular governs the wind-down. The record time for entitlement to B Shares falls at 6 p.m. on August 3, the deadline for warrant holders to exercise their warrants if they want the resulting ordinary shares included in the capital return.　　Once the total number of qualifying shares is fixed, Satsuma will petition the UK High Court to confirm the return of capital. A directions hearing is set for August 13, with a confirmation hearing to

07-22Industry

Wall Street sets CoreWeave stock price target for next 12 months

CoreWeave (NASDAQ: CRWV) stock‘s latest recovery in an otherwise red month led to the equity’s first positive Wall Street rating since July 2.　　Specifically, describing the former cryptocurrency miner as a ‘pioneer and leader’ in the sector focused on purpose-built artificial intelligence (AI) infrastructure, Baird‘s Rob Oliver initiated coverage of the neocloud with a ’Buy rating and a $100 price target, effectively forecasting CRWV shares would soar 25.66% from $79.58 at the latest close in the next 12 months.　　Additionally, the analyst reflected on the ongoing concerns over the supply-side of building AI infrastructure – arguably a major reason for the 20.05% CoreWeave stock drop in June – by explaining it highlights ‘the importance of execution at a time when demand far outpaces supply.’　　CoreWeave stock price one-month price chart. Source: GoogleWhy CoreWeave stock crashed in July　　Indeed, recent months brought multiple developments leading many investors, observers, and institutional experts to begin wondering if the AI ‘boom’ not only turned into a ‘bubble,’ but is also already bursting.　　Along with questions regarding how many of the Blackwells Nvidia (NASDAQ: NVDA) reported selling are actually in use amidst data center construction setbacks, pricing changes for GitHub Copilot led to a strong backlash and a flurry of

07-22Industry

Justin Sun‘s HTX ’Rotating On-Chain Wallets Amid UK Sanctions: TRM Labs

In briefA new report from blockchain intelligence firm TRM Labs says that crypto exchange HTX has kept operating under the same brand following UK sanctions, while rebuilding its on-chain infrastructure.HTX has rotated wallets across TRON, Ethereum, BNB Smart Chain, and Solana, creating a “continuous moving target for compliance professionals,” TRM Labs said.The exchange told Decrypt the activity reflects “routine, security-driven platform operations,” and rejected any characterization implying otherwise.　　Crypto exchange HTX has rebuilt its underlying wallet infrastructure in the weeks since the UK sanctioned it, rotating deposit and hot wallets on a rapid cycle, blockchain intelligence firm TRM Labs said in a report Tuesday.　　The exchange has “rebuilt its on-chain plumbing,” TRM Labs said, with the result that address-list screening “cannot keep pace”　　The Office of Financial Sanctions Implementation designated Huobi Global S.A., the entity behind HTX, on May 26, the first time the UK applied the measure to a crypto exchange of that size. The package of sanctions targeted crypto exchanges and the “A7 network,” which British authorities said was “used by Russia to evade existing restrictions” and channel funds to fuel its invasion of Ukraine. In the announcement, the UK government flagged HTX as a “major global cryptocurrency exchange” suspected of

07-22Industry

UMINT Tokenized Fund Goes Live On 1exchange, Bridging Regulated RWA Secondary Market

The real-world asset sector has crossed a threshold where tokenization without exit paths no longer satisfies institutional demand. A regulated venue now fills part of that gap. 1exchange, a licensed exchange for the listing and secondary trading of tokenized real-world assets, has made uMINT available for eligible investors, according to the announcement. The move brings a new layer of liquidity to a product that previously lived mostly in primary issuance and over-the-counter desks.　　uMINT is the tokenized version of a UBS money market fund built on Ethereum. By listing on 1exchange, it gains a regulated order book where qualified participants can buy and sell the token directly rather than relying solely on redemption or bilateral trades. For asset managers and family offices that must operate within compliance frameworks, this kind of infrastructure changes the calculus of holding tokenized positions.　　Regulated Infrastructure Catches Up to RWA Growth　　The listing arrives as on-chain real-world assets surpass $20 billion in total value locked, a milestone covered in a recent weekly tokenization roundup that also documented Bullishs $4.2 billion acquisition of Equiniti and the first live tokenized Treasury settlement between Ondo and JPMorgan. These events share a common thread: the infrastructure around tokenized assets is shifting from

07-22Industry

S&P and Pantera launch crypto index led by ETH, BNB and SOL

S its knowing how to allocate.” Pantera contributed digital-asset research and governance experience to the project, while S&P supplied its index design and administration framework.　　The launch follows other moves by S&P Dow Jones Indices to expand its digital-asset products. As previously reported by crypto.news, S&P announced plans for the S&P Digital Markets 50 Index in 2025, combining 15 cryptocurrencies with 35 crypto-linked public companies. That product takes a wider ecosystem approach, while the new Pantera index narrows its selection around recurring protocol revenue and economic activity.　　Institutional crypto benchmarks continue to expand　　Other financial market operators have also introduced basket-based crypto products for professional investors. As crypto.news reported in June, CME Group launched Nasdaq CME Crypto Index futures tied to eight major digital assets. The cash-settled contract gives investors a regulated way to gain or hedge exposure to several cryptocurrencies without holding each underlying token directly.　　Meanwhile, S&P has continued work that connects established benchmarks with blockchain infrastructure. As crypto.news reported in April, S&P Dow Jones Indices and Kaiko announced plans to bring the iBoxx U.S. Treasury index onto the Canton Network. The project aims to support index-linked products through on-chain index data, licensing terms and access controls.　　The S&P Pantera Digital Asset Index

07-22Industry

Gold: The floor has been found, but where is the ceiling？

The US dollar staged a four-day growth against the backdrop of air strikes on Iran. Rumours of a temporary ceasefire have not been confirmed, pushing Brent to near $93 per barrel and fuelling inflation fears. The odds of two Fed rate hikes in 2026 are estimated at 50/50, supporting the USD.　　This makes the gold rally all the more surprising, as a strong dollar and rising Treasury yields are typical headwinds. However, this time demand is supporting the precious metal. Capital outflows from ETFs have given way to inflows. The 7.4-metric-tonne increase in holdings of specialised exchange-traded funds on 21 July was the months largest. Hedge funds have increased their net long positions in gold to a five-week high.　　It is likely that the resilience of support at $4,000 per ounce, together with golds poor performance in previous periods, has led investors to view the precious metal as oversold. By the end of June, it had recorded its worst monthly performance since the 2008 global economic crisis, falling at its fastest pace since 2013.　　During this period, pressure on gold prices was fuelled by rumours that central banks in the Gulf states were selling bullion via intermediaries. Turkey was the main focus of

07-22Industry

Solana Price Today Analysis: 3 Key Trends in July 2026

On July 22, 2026, the broader crypto market slipped roughly 0.60%, yet the Solana price today sits at $77.36 — a level that appears calm on the surface but hides structural uncertainty. With the Fear & Greed Index at 33 and Bitcoin dominance at 56.74%, traders remain cautious about adding risk.　　SOL/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.Key takeawaysSolana trades at $77.36on July 22, 2026, above its 20-day and 50-day EMAs but roughly 22% below the 200-day EMA at $94.78.Daily RSI reads 52.56(neutral), while the hourly RSI at 42.16 signals weakening short-term momentum and a micro-downtrend.On-chain DEX fees are declining sharply: Raydiumfees fell 63.27% over 30 days, and Orcadropped 45.81% in a single day.The Fear & Greed Index stands at 33(Fear), with Bitcoin dominance elevated at 56.74%, compressing altcoin risk appetite.A daily close below the $76.71S1 support could open the door toward the Bollinger Band low at $73.49.　　The Daily Picture: Neutral Regime With Fragile Support　　The daily chart for Solana reflects a flat but unbroken near-term trend. Price closed at $77.36, sitting just above both the 20-day EMA ($76.77) and the 50-day EMA ($76.74), which are essentially stacked on top of each other. This cluster provides a thin layer of

07-22Industry

Progressive Groups Accuse Senator Gillibrand of Hypocrisy Over CLARITY Act Ethics

TLDR:Progressive groups accuse Gillibrand of hypocrisy over sons $30 million crypto exchange venture.Ethics language remains the biggest hurdle to securing 60 Senate votes for CLARITY Act passage.Gillibrand proposes barring officials and spouses from issuing digital assets like memecoins.Fairshakes $125 million war chest pressures both parties to finalize crypto legislation quickly.　　The CLARITY Act faces fresh turbulence as progressive groups target Senate Democrat Kirsten Gillibrand over unresolved ethics provisions.　　Indivisible, Demand Progress, and the Revolving Door Project accuse Gillibrand of hypocrisy tied to her sons crypto venture.　　The dispute complicates efforts to secure 60 Senate votes before the August recess. Ethics language now stands as the biggest obstacle blocking passage of the bill, which would split crypto oversight between the CFTC and SEC.　　Progressive Groups Escalate Pressure Over Family Crypto Ties　　Indivisible, Demand Progress, and the Revolving Door Project sent a letter to every Democratic Senate office this week.　　The letter argued Gillibrands conduct undermines Democratic efforts to criticize Trump administration corruption. Her son Theo runs American Perpetuals Exchange, a crypto platform that raised $30 million from investors.　　The groups called Gillibrand “a prime example of a Democratic leader whose conduct undermines” accountability efforts against Trump.　　LATEST: Sen. Gillbrand is facing tremendous blacklash from progressives over CLARITY Act ethics

07-22Industry

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