Omar Faridi

XRP Ledger Prepares to Restore Key Features Previously Shelved Over Security Concerns

The XRP Ledger is advancing toward its next core software release, xrpld version 3.3.0, expected in the coming week. This update will place five proposed amendments before network validators, expanding support for tokenized assets, institutional operations, privacy protections, and more flexible transaction handling. Two of… Read More

Blockchain Intelligence Firm Elliptic Examines How Sanctions Strangled Russian Ruble based Stablecoin A7A5

Elliptic has pointed out that A7A5 emerged as a specialized digital asset designed to help Russian firms navigate international restrictions. Pegged to the ruble and launched in early 2025 by entities tied to sanctioned Russian interests, including a state-linked bank and a controversial figure with… Read More

Strategy ($MSTR) Maintains 12% Dividend on STRC Preferred Shares Amid Focus on Price Stability

Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Executive Chairman Michael Saylor, has confirmed it will keep the annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) steady at 12% for the August period. This decision comes even as the… Read More

Ethereum Cross-Chain Bridge of Verus Protocol Exploited, $7.44 Million Drained via Notarization Mismatch

Blockchain security firm CertiK has noted that on July 23, 2026, an attacker successfully targeted the Ethereum cross-chain bridge of the Verus Protocol, extracting roughly $7.44 million in assets that included ETH, tBTC, various stablecoins, and MKR. The exploit hinged on a fundamental difference in… Read More

US Treasury Sanctions Iranian Firms Behind Bitcoin enabled Shipping Insurance Scheme in Strait of Hormuz

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Iranian companies central to what it describes as an illicit insurance program targeting commercial ships navigating the Strait of Hormuz. Announced on July 29, 2026, the designations target… Read More

Circle Secures Limited Purpose Trust Charter from New York Department of Financial Services (NYDFS)

Circle Internet Group (NYSE: CRCL), the company issuing the widely adopted USDC stablecoin, has taken another significant step in strengthening its regulatory standing. On July 31, 2026, the firm announced that the New York Department of Financial Services (NYDFS) granted a limited purpose trust charter to its… Read More

Crypto Exchanges No Longer Confined to Digital Assets as TradFi Integration Accelerates

CoinGecko declares that crypto exchanges are no longer confined to digital assets as these platforms diversify their services. A recent research report, developed in collaboration with MEXC, shows how leading centralized platforms are aggressively expanding into traditional finance (TradFi) products—including stocks, precious metals, commodities, and… Read More

BNB Chain May Take Legal Action Against Former Worker Over Unauthorized Memecoin Launch From Tutorial Wallet

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BNB Chain has announced it is taking legal steps against a former employee who allegedly used a wallet originally set up for an educational video to release a new memecoin without any company approval. The blockchain network, linked to the Binance ecosystem, stressed that it… Read More

$20B in Cryptocurrency Transfers During World Cup Examined in New Report

Chainalysis has indicated that the 2026 FIFA World Cup stood out not only for record attendance of 6.8 million spectators, $10.5 billion in advertising revenue, and 66 million U.S. television viewers for the final, but also for unprecedented blockchain activity. According to blockchain analytics research,… Read More

Russian Authorities Impose Long-Term Ban on Crypto Mining in Moscow and Surrounding Areas

Russian officials have enacted a significant expansion of restrictions on digital currency mining, targeting the nation’s capital and nearby territories in a move driven by concerns over electricity demand. Under a government resolution, activities involving the extraction of cryptocurrency, including involvement in mining pools, will… Read More

xStocks Crosses $600 Million Milestone in Tokenized Equities and Related Assets

The xStocks platform has announced that it has exceeded $600 million in assets under management. This figure encompasses tokenized shares, exchange-traded funds, and initial public offering-related instruments. The achievement highlights accelerating interest in bringing conventional equity exposure onto blockchain networks. Over the preceding twelve months,… Read More

Visa Stays Neutral as Open USD Draws Comparisons to Stablecoins USDT and USDC

Visa (NYSE: V) CEO Ryan McInerney declined to position the Open USD stablecoin as a direct competitor to Tether’s USDT or Circle’s USDC during the company’s fiscal third-quarter 2026 earnings conference call. He instead emphasized a deliberately neutral stance focused on supporting the broader stablecoin… Read More

DeFI Exploits : Crypto Hacker Spends $4M to Drain $20M from BonkDAO’s Treasury, No Smart Contract Failed

Immunefi indicated that a recent incident involving BonkDAO highlights a troubling shift in how digital assets are being compromised. An individual invested approximately $4 million to acquire sufficient voting power, enabling the passage of a malicious governance proposal during a period of limited participant engagement…. Read More

Wealthtech focused Allfunds Reports Steady H1 2026 Performance

Allfunds, a global wealth technology platform specializing in fund distribution and dealing, has reported a solid first half of 2026 marked by significant growth, operational progress, and continued network expansion. The company highlighted strong momentum across key financial and strategic metrics during the six-month period…. Read More

Digital Assets ETFs Market Cap Tops $184 Billion

The Intercontinental Exchange (ICE) has indicated that the market for digital asset exchange-traded funds has reached a significant milestone, with total capitalization now climbing past the $184 billion mark. This expansion has unfolded at a steady pace across the last three years and continues to… Read More

DeFi Ecosystem Report Examines AI Speculation Trends, Impact on Digital Assets Ecosystem

As financial markets grapple with shifting expectations around monetary policy, attention is turning to whether the intense speculative fervor surrounding artificial intelligence has already crested. A new report has indicated that rising interest rates and tighter financial conditions are reshaping investor calculations, with implications that… Read More

Grayscale Investments Calls for Senate Vote on the CLARITY Act Legislation Before Recess

Grayscale Investments, known as one of the more active platforms dedicated to digital asset investments based on assets under management as of late July 2026, has appealed to the US Senate urging lawmakers to schedule a full chamber vote on the Digital Asset Market Clarity… Read More

Ondo Finance Unveils Execution Network as Next Evolution of Ondo Chain

Ondo Finance has unveiled a new infrastructure layer known as the Ondo Network, positioning it as the natural progression of its earlier blockchain concept, Ondo Chain. The company describes the network as an execution environment tailored for modern financial markets, delivering the rapid processing and… Read More

IRS Warns Crypto Holders about Fake Official Letters Targeting Digital Assets Holdings and Personal Data

The US Internal Revenue Service (IRS) has issued a fresh warning to cryptocurrency owners about a sophisticated mail-based fraud campaign. Criminals are circulating counterfeit notices that closely resemble official agency correspondence, with the goal of tricking recipients into surrendering personal details or digital assets. According… Read More

ESMA Selects EuroCTP to Run Europe’s Consolidated Tape for Shares and ETFs

The European Securities and Markets Authority (ESMA) has chosen EuroCTP as the inaugural Consolidated Tape Provider (CTP) for shares and exchange-traded funds (ETFs) across the European Union. The decision marks an important advance toward creating a unified view of trading activity in these instruments. For… Read More

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