Ethereum’s largest liquid staking protocol Lido announced a major validator restructuring plan involving approximately $16.5 billion in staked ether, aiming to reduce validator count by one-third to improve network efficiency and decentralization.
South Korea’s largest bank KB Kookmin Bank plans to launch a blockchain-based cross-border corporate payment service next month on JPMorgan’s Kinexys platform, signaling accelerating adoption of blockchain technology by traditional financial institutions.
Decentralized cloud storage company Storj filed for Chapter 11 bankruptcy protection on July 27, becoming the second crypto firm to collapse this week. The company says operations will continue and proposes an unusual arrangement where token holders receive equity in the restructured business.
As MiCA implementation deepens and the UK finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks.
Crypto exchange BitMart announced its closure after nine years of operation. The BMX token plunged 58% on the news. Users have one month to close trades and six months to withdraw assets.
Bitcoin ETF weekly trading volume has fallen to its lowest level since October 2024, while ether funds have continued to attract inflows over the past three weeks, signaling a shift in crypto market capital preferences.
Nine industry leaders including BlackRock and Strategy have announced the formation of the Bitcoin Security Consortium, committing $15 million to fund post-quantum cryptography research to address potential future security threats that quantum computing may pose to the Bitcoin network.
Russia’s parliament has approved a landmark cryptocurrency bill that creates a regulated framework for retail crypto trading, with non-qualified investors facing a 300,000-ruble annual purchase limit. This represents a major policy shift for the world’s largest country by landmass.
Core Summary The UK’s Crypto and Digital Assets All-Party Parliamentary Group has launched a formal inquiry into the banking access difficulties faced by crypto businesses. The investigation focuses on banks that refuse accounts to compliant crypto firms or impose restrictive limitations on crypto-related transactions, creating a de facto banking bottleneck for the industry. Brief Details The inquiry found that even crypto companies holding FCA compliance licenses struggle to obtain bank accounts. Multiple banks have adopted “de-risking” strategies, either rejecting applications outright or closing existing accounts and imposing strict transfer limits. ...
Core Summary Bitcoin spot ETFs recorded their fifth consecutive day of net inflows on July 21, 2026, accumulating approximately $727 million in the most sustained buying streak since April. The trend signals a notable recovery in market sentiment following the record outflows of June, suggesting institutional confidence in Bitcoin is rebuilding. Brief Details According to CoinDesk, the five-day inflow run represents the longest sustained period of buying since the record outflows earlier this year. Bitcoin has stabilized near $65,500, supported by renewed chip sector strength and broader macroeconomic uncertainty driving investors toward alternative stores of value. ...