Bitcoin funding rates hit year-high negative levels, setting up a potential short squeeze—or bull trap—as its price tests $76K.
Decentralized exchange aggregator Odos Protocol announced its shutdown, giving users until July 30 to withdraw assets. The team did not provide a rationale, but the protocol's volume declined significantly from a peak of $7.8 billion in December 2024 to $169 million in July 2026.
Charles Edwards of Capriole Investments urges Bitcoin developers to create a clear roadmap for quantum computing resistance, predicting a rapid price surge if they do. The community debates the timing and impact of such changes, while BlackRock notes quantum risk.
Zilliqa halted native transactions after discovering a vulnerability in its Ledger app's Schnorr signature generation, potentially allowing reconstruction of private keys from approximately five affected signatures, prompting a coordinated remediation plan.
Bitcoin investors are largely back in profit, with supply profitability nearing 60%. However, onchain data from CryptoQuant suggests it's premature to confirm a new bull market, citing the need for sustained trends and long-term holder behavior.
South Korean crypto exchange Korbit will rebrand as Digital X after its acquisition by Mirae Asset Group. Mirae founder Park Hyeon-joo announced the name, central to the group's "3.0" strategy to combine digital and traditional finance, with plans for RWA tokenization, security tokens, and stablecoins.
Crypto exchange BitMEX accelerated derivative contract and spot pair delistings in July due to "insufficient trading interest," totaling 65 delistings. This comes as the platform announced its full cessation of exchange services on September 23, 2026, following a strategic review of its business and the broader crypto industry.
