Author: Crypto Editor

AscendEX ceased operations on July 1, 2026, after failing to safe authorization beneath the European Union’s Markets in Crypto-Property Regulation, which took full impact that very same day. The alternate informed customers in a July 6 discover that computerized withdrawals have been suspended and that each remaining request now goes via guide overview, with no assure on timing or last payout quantity. What OccurredAscendEX’s discover pointed to greater than the lacking license. The alternate mentioned it had relied on a strategic liquidity deal to fund its progress, and that the opposite social gathering in that deal didn’t comply with via. It…

In short Thai police arrested two folks over a scheme that laundered romance-scam proceeds by way of crypto, utilizing cross-chain swaps to cover the path, Interpol mentioned. One suspect, aged 20, managed a pockets that processed greater than $122.5 million in 10 months. The arrests got here out of Operation First Gentle 2026, a four-month push throughout 97 international locations and territories that led to five,811 arrests and the interception of $293 million in illicit belongings. Interpol mentioned it recognized greater than 142,000 victims and blocked over 31,000 financial institution accounts, utilizing its I-GRIP stop-payment instrument to test the flows…

Revolut, a crypto-friendly digital banking platform, stated its Tether USDt (USDT) delisting won’t have an effect on all prospects globally.The delisting will have an effect on Revolut prospects within the European Financial Space (EEA) and Switzerland, whereas assist for the stablecoin will proceed in different markets, a spokesperson for the corporate advised Cointelegraph.Revolut stated the choice adopted a assessment of its crypto providers and danger concerns beneath the European Union’s Markets in Crypto-Property Regulation (MiCA).“Revolut is discontinuing assist for USDT for patrons within the EEA following a periodic assessment of our cryptocurrency providing in gentle of the evolving EU regulatory…

Singapore’s state-owned funding agency, Temasek Holdings, stated it should prioritize AI investments over crypto because of regulatory uncertainty and the lingering affect of a $275 million write-off from the collapse of crypto alternate FTX in 2022.The agency, with an funding portfolio valued round 518 billion Singapore {dollars} ($400 billion), plans to extend its AI publicity from 6% of its portfolio within the first quarter of 2026 to fifteen% by 2031, Nagi Hamiyeh, president of Temasek International Investments, informed CNBC on Wednesday The AI funding cycle has simply begun and can proceed for many years, he stated, whereas cautioning that valuations…

Cardano DRep votes no on Wirex’s 3.96M ADA Treasury request, citing unclear deliverables and disclosure gaps.A Cardano delegated consultant has voted in opposition to a Treasury proposal in search of 3,961,538 ADA for a Wirex funds mission.The proposal is titled “Bringing Actual-World Funds to Cardano with Wirex” and focuses on cost infrastructure.The DRep stated the aim of increasing Cardano funds is legitimate, however the present request lacks element.The vote provides consideration to Cardano governance, Treasury spending, and the necessity for clearer mission disclosures.DRep Questions Wirex Treasury RequestThe DRep stated Wirex has expertise in card issuance and controlled cost providers. Nonetheless, the…

Perpetual futures are proper now crypto’s most lively buying and selling class. DefiLlama knowledge confirmed $21.9 billion in perp DEX quantity over 24 hours on July 3, 2026, with open curiosity throughout derivatives protocols at about $15.5 billion. However the market is dominated and outlined by Hyperliquid. The change led the sector with about $250.5 billion in 30-day perp quantity, leaving little critical competitors on the high. That hole explains why new buying and selling chains are nonetheless getting into the market. The demand is obvious, however the winner shouldn’t be but protected by regulation, model loyalty, or deep institutional…

Hyundai Card has pulled off one thing that almost all company finance groups have solely theorized about: an actual, dwell stablecoin cross-border remittance between two abroad subsidiaries of one in every of South Korea’s greatest conglomerates — and it took simply seven minutes. Key takeaways Hyundai Card and Hyundai Motor accomplished a stablecoin cross-border remittance proof of idea that goes past technical testing, reaching operational readiness for real-world deployment. The primary PoC transformed USD 20,000 from Hyundai Motor America into USDT, transferred it to Hyundai Motor Mexico, and transformed it again to {dollars} — your complete course of averaging seven…

SkyBridge Capital founder Anthony Scaramucci urged crypto market contributors to cease searching for synthetic information triggers to justify worth fluctuations. Towards the backdrop of an area market restoration after a deep correction, the financier stated the primary cryptocurrency has lastly outgrown the necessity for advertising and marketing help.”Bitcoin doesn’t want a story. It’s crucial invention in trendy historical past,” Scaramucci burdened. In his view, makes an attempt to tie each worth motion to short-term information are pointless, for the reason that asset’s long-term worth is set solely by its mathematical mannequin.Bitcoin worth motion since all-time excessive in October 2025 with Scaramucci…

Bitcoin stayed beneath stress this week after the USA and Iran exchanged air strikes. Market sentiment worsened additional after President Donald Trump mentioned the memorandum of understanding and the ceasefire with Iran “is over.” The uncertainty briefly pushed the world’s largest crypto asset near $60,000 on Tuesday. By Thursday, nonetheless, it steadied at a little bit over $62,000. Actual Battle Is at $63K In opposition to this fragile backdrop, crypto analyst Ali Martinez mentioned Bitcoin is buying and selling in what he described as “no man’s land” based mostly on the MVRV Pricing Bands. In line with Martinez, BTC is…

Cryptocurrency companies are growing plans to improve networks with quantum-resistant cryptography following advances suggesting quantum computer systems may break present encryption earlier than anticipated. Google’s analysis signifies quantum computer systems able to breaking encryption may arrive by 2029, reviews Reuters. Right this moment’s computer systems lack the ability to work backward from a public key to uncover the non-public key that controls a pockets. Quantum computer systems may ultimately change that, permitting unhealthy actors to forge digital signatures and authorize transactions the actual proprietor by no means accepted. And since crypto transactions are last, with no financial institution or middleman…