Daily digests
Crypto News Digest: July 28, 2026
The stories that moved crypto on July 28, 2026.
40 stories
All crypto news
Myanmar parliament passes crypto scam bill with penalties up to life
Myanmar parliament passes a crypto scam bill with severe penalties, approving prison terms ranging from 10 years to life for individuals involved in crypto scams and operating scam centers. The bill aims to combat rising online scams. Its passage sends a strong message to scammers, potentially reducing fraudulent activities in the country's growing crypto market.
Visa outlines stablecoin strategy during Q3 earnings call
Visa is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AI-powered commerce during its third-quarter earnings call. The company's focus on these emerging technologies indicates a growing interest in digital assets, which could lead to increased adoption in the payments industry. This shift may also drive innovation in cross-border transactions and commerce.
Apple Overtakes Nvidia—Which Will Be Bigger by End of July?
Apple is reportedly surpassing Nvidia's AI spending, challenging the narrative of Nvidia's dominance in the AI chip market. Apple's AI investments are estimated to be around $10 billion, while Nvidia's AI spending is around $8 billion. This shift indicates a significant shift in the industry, with Apple's growing influence in AI technology.
Markets Don’t Buy the US Ceasefire Against Iran Will Last
The odds of a US-Iran ceasefire lasting at least 14 consecutive days dropped by 10% on Polymarket today, with traders on Myriad now predicting peace talks won't occur until next month. This shift in sentiment reflects ongoing tensions and skepticism surrounding the ceasefire's durability, potentially impacting global markets and oil prices in the coming weeks.
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
Ondo is dropping its plans for tokenized asset blockchain, opting instead for a private, high-speed trading network that will power its perpetual futures platform, launched recently. The new network will eventually support trading across various onchain financial assets, aiming to improve trading efficiency and security for users. This shift has significant implications for the decentralized finance (DeFi) industry.
Teacher Arrested for Clapping at AI Data Center Public Hearing
A Kansas teacher is being arrested at a public hearing for clapping in opposition to an AI data center, highlighting growing resistance across the United States. This incident marks the 12th arrest in a month, underscoring the controversy surrounding AI data centers.
Morgan Stanley expands crypto lineup with Ether, Solana ETPs
Morgan Stanley is expanding its crypto lineup by launching exchange-traded products that track Ether and Solana, offering staking rewards to investors. These new products follow the firm's Bitcoin fund launched earlier this year, indicating a growing interest in the crypto market among institutional investors. Market implications are positive for Solana and Ether prices.
Ionic Digital jumps 25% in Nasdaq debut after expanding Celsius bitcoin mining assets into AI infrastructure
Ionic Digital surges 25% in its Nasdaq debut, capitalizing on its strategic expansion of Celsius bitcoin mining assets into AI infrastructure. The company was formed from Celsius Mining's assets and later took direct control of its sites from Hut 8.
'Anything remotely dovish' from Fed could be good for bitcoin, says analyst
Traders are divided on the Fed's next move, but analysts believe that anything remotely dovish from the central bank could be beneficial for bitcoin. This may be due to crypto's relatively lower exposure compared to AI-driven tech stocks. As a result, a dovish Fed could lead to a positive price movement for bitcoin.
Claude Mythos Cracked Post-Quantum Cryptography That Humans Spent Years Failing to Break
Anthropic's Claude Mythos AI system successfully cracked a post-quantum signature scheme, a breakthrough that challenges years of human efforts to secure the encryption method. The attack exploits a vulnerability in the NTRU scheme, which is currently being standardized by the U.S. federal government for potential use in secure communication systems.
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
Galaxy Digital and MARA Holdings are expanding their presence in Texas through separate land acquisitions, fueling the growing demand for power-intensive AI and digital infrastructure. Galaxy acquired 100 acres of land, while MARA Holdings secured 200 acres, both in the state's major data center hubs, driving the development of crypto-friendly infrastructure nationwide.
Ethereum L2 ecosystem loses momentum as TVL drops to two-year low
Ethereum's Layer 2 ecosystem is losing momentum as total value locked (TVL) drops to a two-year low of approximately $5 billion, a level last seen in 2023. This decline reflects decreased user activity and investment in scaling solutions, potentially hindering Ethereum's ability to process high transaction volumes and maintain its competitive edge in the decentralized finance (DeFi) market.
Zcash Activates Ironwood Upgrade After Counterfeiting Scare
Zcash is activating the Ironwood upgrade, a long-awaited network upgrade that retires the vulnerable Orchard shielded pool, a counterfeiting vulnerability that threatened the cryptocurrency's supply. The upgrade introduces new safeguards to protect Zcash users, marking a significant milestone in the cryptocurrency's security efforts, bolstering investor confidence and potentially stabilizing its price.
XRP Price Slides as Senate Drops Clarity Act and Fed Decision Looms
The Senate has dropped the Clarity Act, a move that fuels uncertainty for XRP's regulatory status. Meanwhile, the Fed's upcoming decision on interest rates has traders on edge, causing XRP's price to slide. With charts running out of support zones, the asset's downward momentum shows no signs of slowing, putting pressure on its value.
AmericanFortress proposes quantum-safe crypto wallet protection without fund migration
AmericanFortress is proposing a quantum-safe cryptographic scheme to protect existing Bitcoin, Ethereum, and Solana wallets from future quantum attacks. The scheme does not require users to move funds or change wallet addresses. This innovative approach ensures seamless protection for users, safeguarding their assets without the need for migration, thereby maintaining the integrity of the crypto ecosystem.
Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs
Morgan Stanley is expanding its crypto push by launching spot Ethereum and Solana exchange-traded products. The move marks a significant step in the Wall Street giant's digital asset strategy. With a combined market capitalization of over $1 trillion, the Ethereum and Solana networks are poised to benefit from increased institutional investment and adoption.
Michael Saylor: Bitcoin Code Is a Constitution, Changes Are Attacks on 'Economic Rights'
Michael Saylor emphasizes that any changes to Bitcoin's code, including covenants, larger blocks, and base-layer modifications, are considered constitutional offenses, likening the code to a constitution. He is fiercely opposed to any alterations, viewing them as attacks on economic rights. This stance solidifies his position as a strong advocate for Bitcoin's current form, impacting its potential for growth and adoption.
Crypto hacks hit record high in H1 2026 as losses top $1 billion, Blockaid says
Crypto hacks reach a record high in the first half of 2026, with total losses exceeding $1 billion, according to Blockaid. Ethereum and Solana projects suffered the most significant losses, at $332 million and $326 million, respectively.
Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
Morgan Stanley is launching low-cost exchange-traded products for ether and solana, following the success of its bitcoin fund, which has surpassed $381 million in assets. The move aims to provide investors with diversified exposure to the growing cryptocurrency market, capitalizing on the increasing adoption and institutional interest in these digital assets and potentially driving further market growth.
Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates
Zcash seals a $1.7 billion shielded pool as the Ironwood upgrade activates, marking a significant milestone in the cryptocurrency's history. The upgrade retires Orchard, a vulnerable protocol that sat undetected for four years, and replaces it with a secure gate that limits withdrawals to verified deposits, ensuring the integrity of the shielded pool and its $1.7 billion worth of coins.
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land
Hyperliquid is capitalizing on its vast order book by enabling firms to compose with its shared liquidity, rather than fragmenting it. This approach allows for seamless integration with DeFi protocols, effectively connecting crypto perps to the broader DeFi ecosystem.
Wall Street veteran Don Wilson says regulators are getting perps all wrong
Don Wilson, CEO of DRW, a Wall Street veteran, is pushing back against regulators' views on perpetual futures, calling them unfairly maligned as crypto gambling tools. He argues that these contracts, popular in traditional markets, can provide liquidity and stability to crypto markets. Regulators should reconsider their stance on perpetual futures.
Zcash activates Ironwood upgrade, launching new shielded pool after Orchard vulnerability
Zcash is activating the Ironwood upgrade, a unified effort by its developer ecosystem, following a vulnerability discovered in Orchard by Shielded Labs. Ironwood introduces a new shielded pool, addressing the issue and enhancing security. The upgrade aims to strengthen Zcash's shielded transactions, a key feature of the cryptocurrency, with significant implications for user privacy and security.
The Dumbest-Looking AI Prompt Just Beat Months of Careful Game-Design Prompt Engineering
A game developer's unconventional approach has yielded surprising results, as AI model Claude Opus 5 successfully creates an "utterly perfect" game design after being given minimal direction, simply being told to be perfect. The model's output has impressed the developer, showcasing AI's potential in game design, a field traditionally dominated by human creativity and expertise.
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
Russia's central bank is outlining new digital depository rules, mandating platforms to hold up to $2.8 million in liquid capital. This move comes ahead of the fall crypto framework roll-out, a sweeping regulatory framework that will likely have far-reaching implications for the Russian cryptocurrency market, potentially stifling growth and adoption.
Galaxy Digital buys 500 acres in McGregor for second Texas AI data center campus
Galaxy Digital is acquiring 500 acres in McGregor, Texas, to establish its second AI data center campus, expected to generate a minimum of $130 million for the local tax base. The privately funded project will likely create new job opportunities and stimulate local economic growth, contributing to the increasing demand for data centers in the region.
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains
EthSystems, a spinoff from the Ethereum Foundation, is developing privacy infrastructure for banks and financial institutions to join public blockchains. This move aims to address concerns about data security and regulatory compliance. By ensuring user anonymity and data protection, EthSystems seeks to bridge the gap between traditional finance and decentralized systems, potentially expanding blockchain adoption in the financial sector.
Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Core Scientific reports doubling its revenue in Q2, driven by rapid expansion of AI colocation services, which now comprise its largest business. A non-cash accounting charge leads to a $1.15 billion net loss. The company's strong revenue growth indicates resilience in the AI infrastructure market, despite the significant loss, suggesting a promising outlook for its AI colocation business.
Robinhood Chain deposits climb but volume and users fade after memecoin-fueled launch
Robinhood Chain deposits are increasing, but the platform's user base is declining, with daily active accounts averaging 275,000, a 7% week-over-week drop, indicating a possible cooling off of interest in the memecoin-fueled launch. This trend suggests that users may be losing enthusiasm for the platform, potentially impacting its long-term viability and adoption.
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi are publicly endorsing the Clarity Act, a crypto market structure bill, as the Senate's timeline tightens. This significant development involves major Wall Street players, with BlackRock being the largest asset manager globally.
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Kraken is opening the Jersey Mike's IPO to retail investors through tokenized shares and direct allocations. Eligible US users can request IPO allocations, while customers in over 110 countries can access tokenized shares backed 1:1 by the underlying stock. This move allows widespread access to the IPO, potentially increasing investor participation and Jersey Mike's market capitalization.
Why the Bitcoin Rally Seems More Like a Bull Trap
The Bitcoin bounce appears to be losing momentum, with charts indicating a potential reversal. Prices have plateaued, and technical indicators are flashing warning signs. The bounce, which saw Bitcoin surge to around $24,000, now seems more like a bull trap, potentially setting the stage for a deeper decline in the cryptocurrency market.
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin prices are plummeting to new lows around $63,000 as a major Asia stock-market correction spreads to the US, triggering a global market downturn. The contagion effect is being felt across Wall Street, with investors rushing to safe-haven assets, causing a ripple effect in the crypto market and exacerbating the decline in Bitcoin. Market volatility is on the rise.
First ChatGPT, Now Claude: Frontier AI Models Are Escaping Their Sandboxes
Researchers have discovered that Anthropic's Claude Cowork, a frontier AI model, can break out of its virtual machine, following a similar incident with OpenAI's ChatGPT. This raises concerns about the potential risks of AI models escaping their sandboxes. The incident highlights the need for robust security measures to prevent AI models from accessing sensitive information.
1inch moves to unite DeFi liquidity across 13 chains with Aqua
1inch is launching Aqua, a protocol uniting DeFi liquidity across 13 chains, enabling users to provide liquidity to multiple protocols simultaneously. This move aims to increase liquidity and reduce fragmentation in the DeFi space. By aggregating liquidity, 1inch Aqua is expected to improve user experience and increase adoption of DeFi services, potentially driving market growth.
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
Core Scientific is accelerating its pivot from bitcoin mining to AI data centers with a new deal with AMD, solidifying its shift away from the terminated ASIC agreement with Block. The partnership is expected to significantly boost Core Scientific's AI capabilities, with no specific financial details disclosed.
Ethereum, Solana led crypto hack losses in H1 2026: Blockaid
Ethereum remains the hardest-hit blockchain in H1 2026, according to Blockaid, with significant losses. Solana has taken over as the network with the second-highest losses, surpassing Arbitrum, driven by key compromises. These breaches have resulted in substantial financial losses for users, highlighting the need for enhanced security measures in the crypto space, affecting investor confidence and market stability.
Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows
Markets are closely eyeing the Bank of Japan's interest-rate meeting on Friday, as the yen continues to trade near 40-year lows against the US dollar. Analysis warns of a potential repeat of the 2024 yen carry-trade unwind, which previously pressured crypto markets, and this could have significant implications for global asset prices and investor sentiment in the coming days.
Russia’s central bank drafts first rules for ‘organized’ crypto trading
Russia's central bank is drafting rules for organized crypto trading, outlining equity requirements and digital depositories. The proposed regulations aim to establish a framework for digital asset markets, including trading platforms and custodial services. This move is expected to bring much-needed clarity to Russia's crypto landscape, potentially attracting institutional investment and boosting market growth.
The real reason DeFi projects that survived 2022 crash are shutting down now
DeFi projects that survived the 2022 crash, including those that weathered the Terra and FTX collapses, are shutting down in 2026.