Author: John Smith

Tom Lee has reaffirmed that Ethereum will play the central role as traditional finance and cryptocurrency converge into a single market. Summary Tom Lee says traditional finance and crypto will eventually merge into one market, with Ethereum at the center. His comments come as Bitmine’s Ethereum treasury has grown to 5.74 million ETH, equal to 4.8% of the total supply. Lee also links Ethereum’s outlook to the CLARITY Act and expanding layer-2 payment activity involving Visa and Shopify. According to a post published by Bitmine chairman Tom Lee on X, he believes the line separating traditional financial markets and digital…

Hedera’s native token HBAR has fallen more than 2% after blockchain security researchers reported that a suspected exploit had moved more than $5.8 million in assets from the Hedera network to Ethereum. Summary Suspected Hedera exploit moved more than $5.8 million in assets to Ethereum, according to blockchain security researchers. Specter and PeckShield said the attacker bridged funds through LayerZero before swapping WBTC for ETH. HBAR fell more than 2%, trading near $0.069 as the reported exploit unfolded. According to blockchain security researcher Specter, the suspected attacker had already bridged more than $3.7 million worth of assets from Hedera to…

Robinhood has introduced plans to let eligible U.S. customers authorize AI agents to execute cryptocurrency trades on their behalf, extending automated investing beyond stocks and options. Summary Robinhood plans to let eligible U.S. users authorize AI agents to execute crypto trades. Robinhood Chain topped $115 million in TVL and reached $500 million in daily Uniswap volume. Blockchain AI payments are expanding, though onchain transaction volumes remain relatively small. Robinhood said during a Friday presentation that the upcoming feature will allow eligible U.S.-based crypto users to connect third-party AI agents capable of managing trades within user-defined limits. The company did not…

OpenAI has reportedly supplied AI technology to Chinese companies on the Pentagon’s military-linked blacklist, adding fresh scrutiny to U.S. controls over advanced artificial intelligence exports. Summary OpenAI and Google reportedly provided AI access to Chinese firms on the Pentagon’s Section 1260H blacklist. The reported access has renewed debate over U.S. AI export controls and cloud-based model distribution. The development comes as OpenAI expands GPT-5.6 Sol, Terra, and Luna across ChatGPT, Codex, and its API. According to the reported findings, OpenAI and Google provided access to their AI models to Chinese companies included on the U.S. Department of Defense’s Section 1260H…

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. Summary Gyeonggi Province will begin South Korea’s first government-backed blockchain stablecoin pilot in August. ZKrypto will test issuance, settlement, privacy, fraud prevention, and proof-of-reserves through February 2027. Toss and KT have also launched separate initiatives to develop infrastructure for won-based stablecoins. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a blockchain-based stablecoin in August as part of an initiative to examine its use for regional currency and government disbursements.…

Kraken has launched an AI-powered investing assistant that delivers personalized portfolio recommendations and market insights while keeping final trading decisions in users’ hands. Summary Kraken has launched an AI investing assistant that delivers personalized portfolio recommendations while requiring user approval for every trade. The platform builds investment plans using users’ financial goals, risk tolerance, funding preferences, and market data. The launch comes as exchanges including OKX, Coinbase, and Revolut expand AI-powered tools across crypto trading and payments. According to Kraken, the new mobile experience replaces a trading-first interface with a goal-based approach that asks users about their financial objectives before…

Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant settlement. The exchange now offers tokenized shares of companies including SpaceX, Micron and SanDisk across 150+ markets. RWA.xyz data shows the tokenized stock market has grown to $1.85 billion as crypto and traditional firms expand offerings. Backpack announced on Thursday that users outside the United States can now trade a group of tokenized U.S. equities around the clock, including shares…

Pi Network entered July 2026 at a fresh all-time low near $0.10, its most oversold reading since launch, facing a supply-and-demand collision the whole market is watching. On the supply side, 103.7 million tokens unlock this month. On the demand side, a set of Pi2Day product launches promises to create real utility for the first time. This is the levels, the collision at the center of the forecast, and the honest case on both sides for a token at its lowest ebb. Summary Pi Network enters July near $0.10 as 103.7 million token unlocks threaten to increase selling pressure. Three…

Zcash price has rallied past $500 after open interest jumped to $1.02 billion and traders accumulated positions ahead of the July 28 Ironwood upgrade. Summary Zcash price climbed above $500 as traders positioned ahead of the July 28 Ironwood network upgrade. Futures open interest rose 27% to $1.02 billion, while trading volume jumped 49%, signaling stronger market participation. Technical indicators point to continued bullish momentum, with $510-$516 emerging as the next key resistance zone. According to data from crypto.news, Zcash (ZEC) price has risen more than 7% over the past 24 hours to trade above $500, extending its weekly gain…

Bitcoin has climbed back above $64,000 after Standard Chartered reaffirmed its $100,000 year-end 2026 price target and argued that recent selling linked to Strategy has not weakened Bitcoin’s long-term outlook. Summary Standard Chartered says Strategy-related concerns, not Bitcoin fundamentals, caused the recent market pullback. The bank has reaffirmed its $100,000 Bitcoin price target for the end of 2026 despite recent volatility. Wells Fargo increased its Strategy stake while trimming IBIT holdings and expanding its crypto options positions. Standard Chartered said the recent decline in Bitcoin was driven more by uncertainty over Strategy’s changing treasury approach than by any deterioration in…