Cardano Triggers Hard Fork With First Community-Voted Upgrade

In briefCardano activated the Van Rossem hard fork on July 18, reaching protocol version 11 with zero downtime.Its the networks first major upgrade ratified entirely through on-chain community governance, without any centralized company directing the process.The fork lowers Plutus smart contract execution costs and bundles five technical improvements, including new cryptographic tools and a security fix requiring every stake pool to use a unique cryptographic key.  Cardano has hard forked, implementing the Van Rossem upgrade over the weekend and transitioning the network to protocol version 11.  It‘s not the first time Cardano has executed a hard fork—but it is the first time it’s done so without the intervention of the blockchains founding development company, Input Output. That makes how it happened at least as important as what the upgrade does.  A hard fork—a permanent, mandatory update to a blockchains core rules, applied simultaneously across every computer running the network—is a pretty serious deal. Throughout Cardano‘s history, it’s been Input Output thats decided on these kinds of network changes.  Van Rossem, which sets the stage for improved scalability and lower costs on the network, is the first major Cardano upgrade ratified entirely through on-chain governance, meaning elected community members, server operators, and an oversight committee

07-21انڈسٹری

Bola Tinubu targets crypto loopholes with sweeping Nigeria order

Nigerias President Bola Tinubu has signed an executive order targeting regulatory gaps in a crypto market that received about $59 billion in inflows between July 2023 and June 2024, according to the International Monetary Fund.  SummaryTinubus executive order coordinates crypto oversight without creating a new regulator.Nigeria will tighten registration, tax reporting and supervision of virtual asset firms.IMF data shows Nigeria received $59 billion in crypto inflows within one year.  Tinubu‘s office said the order will coordinate digital asset oversight across Nigeria’s financial, tax and capital market agencies while preserving the legal powers of each regulator.  Signed on Friday, the directive creates a common framework for virtual asset regulation and seeks closer cooperation among agencies responsible for supervising Nigerias financial system. Presidential special adviser Bayo Onanuga said the framework will also protect users from fraud, support responsible innovation and preserve financial stability.  Rather than forming another watchdog, the order creates a virtual asset council led by senior financial regulators. According to Onanuga, the council will guide policy and help agencies address regulatory gaps that previously allowed some unregistered businesses to operate without oversight.  “Each institution retains its full statutory mandate and independence, and the framework coordinates their work rather than replacing it.”  You might also like:  SEC targets

07-21انڈسٹری

AI-assisted hacking is outpacing traditional code reviews, NEAR co-founder says

Quick TakeNEAR co-founder Polosukhin called formal verification a necessary shift for securing blockchain code from AI hacking.AI has cut some mathematical proof-generation work from years to weeks.  Artificial intelligence is supercharging hackers ability to find software vulnerabilities faster than traditional security can patch them, according to NEAR Protocol co-founder Illia Polosukhin, who argues that developers should be turning to mathematical proofs to secure their code.  “I would actually say last October — I think Balancer was the first one — thats when AI-assisted hacking started,” Polosukhin said Monday in an interview with Gareth Jenkinson on The Blocks The Starting Block podcast.  Polosukhin said cybersecurity up to this point has mostly involved “smart people” reviewing code and hoping that no one smarter finds something they missed. That mindset was already imperfect before the rise of AI, he said, but newer and more capable models are making it even less sustainable.  “We need a different way of thinking,” Polosukhin said. “It‘s not like, Oh, we’re going to review everything with a better model and hope that the next better model is not going to find it.”  His proposed solution is formal verification that mathematically proves code “does what it says it does.” This process has been historically

07-21انڈسٹری

Robert Kiyosaki Reveals What He Would Do With $10,000 If He Lost Everything

Key TakeawaysRobert Kiyosaki would use the hypothetical $10,000 for financial education, mentorship, and income-producing skills before purchasing assets.Kiyosaki says the central mistake is rushing into investments without first understanding how money and deals work.His strategy relies on finding fundable opportunities while preventing fear and greed from controlling financial decisions.  Why Would Robert Kiyosaki Refuse to Invest the $10,000?  During a July 18 episode of The Rich Dad Radio Show, Rich Dad Poor Dad author Robert Kiyosaki outlined a hypothetical financial reset at age 79. He said that if he lost everything, including his businesses, real estate, and gold, and was left with $10,000 to start over, he would not invest any of it.  The famous author said:  “Im 79 years old. If I lost everything today, every business, every property, every ounce of gold, and someone handed me $10,000, I would not invest it. Not $1.”  His refusal is central to the scenario, as he believes money produces different results depending on the knowledge of the person controlling it.  The position contrasts with Kiyosaki‘s broader investment message. He has repeatedly recommended gold, silver and bitcoin as protection against what he calls “fake money,” warning that rising U.S. debt and flawed financial policies will erode fiat currencies.

07-21انڈسٹری

Canadian Dollar extends slide vs USD on soft CPI, Trump tariffs

The USD/CAD pair is seen buying on the previous days solid rebound from the 1.4000 psychological mark, or its lowest level since June 17, and gaining positive traction for the second straight day on Tuesday. Spot prices climbed to a one-week high, around the 1.4085 region, during the Asian session, though the mixed fundamental backdrop warrants some caution for aggressive bulls.  Against the backdrop of Canadas soft consumer inflation figures, the risk of a fresh US-Canada trade war is seen undermining the Canadian Dollar (CAD). The US Dollar (USD), on the other hand, preserves its recent gains amid a further escalation of tensions in the Middle East and reviving US Federal Reserve (Fed) rate-hike bets. This, in turn, acts as a tailwind for the USD/CAD pair, though elevated crude oil prices offer some support to the commodity-linked Loonie and might cap further gains.  Statistics Canada reported that the country‘s annual inflation rate unexpectedly slowed to 2.8% in June from 3.2% in May and declined by 0.4% on a monthly basis. Adding to this, the Bank of Canada’s (BoC) preferred core gauges – trim and median Consumer Price Index (CPI) – dropped below the 2% threshold for the first time in nearly six

07-21انڈسٹری

Crypto VC market stays active while DeFi funding falls to new low

Crypto venture funding has reached $1.2 billion in July even as DeFi investment has fallen to its lowest quarterly level since late 2023.  CryptoRank data shows that investors completed roughly 25 funding rounds in July as of July 20, keeping capital active despite a sharp decline in the number of announced deals.  Monthly fundraising has moved unevenly throughout 2026. According to CryptoRank, crypto companies raised $1.14 billion in January before the total slipped to $896.3 million in February. Funding then climbed to $2.2 billion in March, supported by roughly 85 deals, the highest monthly count shown in the six-month chart.  Source: CryptoRank  April brought the sharpest reversal of the year. CryptoRank recorded $698.2 million for the month, while an earlier crypto.news report placed the amount at $659 million across 63 funding rounds. The crypto.news figure represented a 74% decline from Marchs roughly $2.6 billion and 84 deals, taking monthly funding back toward levels last seen in 2024.  Differences between the two April totals may result from later database updates or varying methods used to classify deals. CryptoRanks current chart nevertheless confirms the same direction: both the amount raised and the number of completed rounds fell sharply after March.  Funding rebounded to $3.89 billion in May, the

07-21انڈسٹری

Vietnam Introduces Strict Fines for Unlicensed Crypto Trading

Vietnam has moved to reshape its crypto market by introducing strict fines for activity outside approved domestic platforms. The new framework targets unregulated trading and strengthens government oversight as the country builds a formal digital asset industry.  Authorities aim to protect investors while creating clearer rules for exchanges, service providers, and users. The measures arrive as Vietnam continues to rank among the worlds most active crypto markets.  New Fines Target Unlicensed Crypto Activity  Under Decree No. 284/2026/NĐ-CP, companies trading crypto without Ministry of Finance approval face fines between VND 30 million and VND 50 million. Individuals generally receive half of those penalties. Additionally, traders using crypto assets reserved for foreign investors could face fines reaching VND 100 million.  Moreover, companies offering unapproved crypto services may receive penalties from VND 180 million to VND 200 million. Licensed providers also face fines up to VND 70 million for weak customer verification systems.  Vietnam Builds Domestic Crypto Infrastructure  However, Vietnam still lacks licensed crypto exchanges, creating uncertainty before enforcement begins on September 1. The Ministry of Finance identified five potential applicants, including VIXEX and Techcombank-linked TCEX.  Consequently, the country continues preparing a regulated market with strict entry requirements. Applicants need at least VND 10 trillion in charter capital, while foreign

07-21انڈسٹری

Tom Lee's Bitmine Taps the Brakes on ETH Buys, Pivots $86M Into Stock Buyback

Ethereum treasury company Bitmine barely moved the needle on its ETH stack last week, adding just 7,430 ETH—about $14 million—as it steered capital toward buying back its own shares instead.  This weeks buy pushed Bitmines holdings to about 5.78 million ETH tokens, or nearly 4.8% of Ethereums circulating supply, according to the company. That leaves the firm inching toward its stated goal of cornering 5% of the tokens supply. Bitmine, which trades as BMNR, is currently trading for $16.61, up almost 6% on the day.  Bitmine now holds roughly $11 billion worth of Ethereum, making it the largest corporate holder of ETH in the world. It‘s also one of the biggest digital asset treasuries, second only to Michael Saylor’s Strategy, which itself holds roughly $54 billion in Bitcoin.  Still, for Bitmine, this latest purchase marks one of the companys thinnest weekly additions since it kicked off its Ethereum treasury strategy in June 2025. The contrast is stark: Bitmine scooped up more than 111,000 ETH in a single week back in May.  Bitmine Chairman Tom Lee pinned the slowdown on a share repurchase, telling shareholders the firm bought back roughly 5.5 million common shares at an average price of $15.62 under its $4 billion buyback

07-21انڈسٹری

What Determines the Price of Bitcoin (BTC)? Coinbase CEO Explains, Putting an End to the Debate!

As tensions between the US and Iran continue to cause volatility in the leading cryptocurrency Bitcoin, Coinbase CEO Brian Armstrong has made new statements.  In new assessments made from account X, Coinbase CEO Brian Armstrong stated that the key factor determining Bitcoin‘s long-term price is not mining activity or network energy consumption, but investors’ expectations regarding inflation.  At this point, the Coinbase CEO argued that the $BTC price was driven by inflation fears, not mining, saying the price moved in parallel with inflation concerns.  Armstrong, drawing attention to how the Bitcoin network works, stated that the hash power used for mining does not directly determine the price of $BTC.  He stated that the hash power or energy allocated to mining does not determine the price of $BTC, and that even if miners leave the market, the network difficulty is adjusted to maintain block production at the same rate.  Armstrong argued that, in the long term, the $BTC price is an indicator of how concerned people are about inflation, noting that inflation concerns are unlikely to disappear in the short term, especially given the continued budget deficits in democratic countries, which could support long-term demand for Bitcoin.  Armstrongs remarks come at a time when debates about energy

07-20

Crypto institutions look beyond audits as trust signals falter: Hacken

Institutional investors are looking beyond smart contract audits after traditional trust signals such as prior audits and operating history failed to predict which crypto projects would be exploited, according to Hacken.  In its Q2 2026 Security & Compliance Report, Hacken said that only 9% of 1,427 tracked projects had third-party monitoring, while 4% combined monitoring with an active bug bounty and a security audit. The report highlighted that compromised keys, signers and infrastructure accounted for 88.3% of the roughly $764 million stolen during the quarter.  Hacken said projects unable to provide ongoing evidence of operational security may face higher perceived risk, reduced investment and more difficult access to insurance or counterparties.  Contributors to the report included Federico Bagiotti, group head of risk management at Abraxas Capital, who said “inadequate security relative to the capital at risk” was the signal that most often led the firm to reject an otherwise attractive position. Rajeev Bamra, Moody‘s Ratings’ head of digital economy strategy, said that operational resilience had become “the practical lens” through which institutions evaluated security, compliance and governance.Security controls among those reviewed. Source: Hacken  Operational security becomes an allocation test  The report said institutional due diligence is beginning to include signer-set changes, collateral backing, third-party dependencies,

07-20انڈسٹری
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