Ethereum layer-2 network MegaETH will unlock its native MEGA token over time, and reward it to users, as key benchmarks are met.
South Korea's Cabinet approved amendments to remove the 1 million won threshold on the crypto Travel Rule, applying it to all transfers between registered virtual asset service providers and tightening rules for overseas exchanges and personal wallets.
BitMEX recorded 39,449,400 XBTUSD contracts of open interest, representing $39.45 million, as the exchange nears its two-stage shutdown with an exit-only date on Aug. 26 and full closure on Sept. 23.
Robinhood's head of crypto Johann Kerbrat explains that the new Ethereum layer-2 network balances serious financial products like tokenized stocks with meme coins to attract diverse users and drive adoption.
A dormant Bitcoin address holding 49.97 BTC from 2011 reactivated after over 14 years, transferring $3.23 million in assets to a FalconX-labeled prime broker wallet.
Crypto perpetual futures trading volume on centralized exchanges dropped to $4 trillion in July, marking a 31-month low, while decentralized exchange volumes fell to $531 billion alongside declining spot trading activity.
Coinbase plans to suspend LRC-USD trading on August 7, closing its dollar market while customer balances and withdrawals remain accessible. The move follows Loopring's DEX shutdown and amid thin, concentrated trading volumes across other venues.
