What is a perp DEX? The three architectures, compared
Order book, pooled liquidity, or hybrid: the label covers three designs with different counterparties. The mechanics and the risk waterfall.
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South Korea police raid former mayor’s home in crypto disclosure investigation
South Korean police have searched the home of former Incheon Mayor Yoo Jeong-bok and city offices as part of an investigation into allegations that cryptocurrency assets were omitted from his local election financial disclosure. According to South Korea’s Yonhap News…
HKMA warns Hong Kong banks lag on quantum security
Hong Kong banks scored 2.3 out of 10 for quantum readiness as the HKMA targets full post-quantum preparedness by 2030.
Paradigm leads $470M Antares Nuclear funding round for military SMRs
Paradigm has led a $470 million funding round for nuclear startup Antares Nuclear, extending its capital into military-focused small modular reactors as the crypto venture firm continues investing across frontier technologies. According to TechCrunch, the Series C financing includes $370…
Apple faces $1.8M lawsuit over fake Bitcoin app
Apple faces a federal lawsuit from three users who allege a fake Sparrow Wallet app drained $1.835 million in Bitcoin during 2025.
Bitcoin price falls below $64K ahead of Fed decision
Bitcoin fell near $63,490 as Asian stocks slid, ETF flows weakened and traders prepared for the Fed, GDP and core PCE data.
OKX app returns to South Korea’s Google Play Store after four day suspension
OKX has returned to South Korea’s Google Play Store after a four-day suspension, while Bybit’s app remains unavailable in the country. According to a July 28 report by Digital Asset, the OKX: Trade Bitcoin & Crypto app once again appears…
Pennsylvania prediction markets bill could block sportsbooks from market making
Pennsylvania lawmakers have introduced a bipartisan bill that has proposed insider-trading rules for prediction markets while preventing sportsbooks and other gambling companies from supplying liquidity or acting as market makers for those platforms. The proposal, House Bill 2711, was introduced…
Fanatics to acquire BGC prediction market exchange
Fanatics agreed to buy BGC’s regulated exchange and clearinghouse, giving it direct control of its prediction market infrastructure.
NFL asks CFTC to curb high risk sports prediction contracts
The National Football League has urged the U.S. Commodity Futures Trading Commission to tighten its proposed prediction market rules, arguing that stronger safeguards are needed to protect game integrity and consumers. According to The Closing Line, which obtained a July…
Binance co-founder CZ pushes ASEAN crypto passport
CZ backed an ASEAN crypto license passport to reduce repeat applications, though the bloc has no formal framework or launch timetable.
Psalion launches $50M blockchain venture fund
Psalion launched a $50 million Singapore VCC fund for seed-stage blockchain projects and disclosed a $4 million Beezie round.
Upbit lists RLUSD in KRW, BTC and USDT markets
Upbit added RLUSD trading against KRW, BTC and USDT, with XRP Ledger deposits and temporary order limits during the launch.
Kalshi loses emergency injunction bid in federal court
Kalshi lost an injunction-pending-appeal bid in New York, while its separate emergency motion before the Second Circuit remains unresolved.
Kraken parent buys wallet business powering 60 million users
Payward agreed to acquire Magic Labs’ embedded wallet unit, adding infrastructure behind 60 million wallets to its B2B platform.
Zimbabwe approves 7 fintech projects for sandbox
Zimbabwe’s securities regulator approved seven fintech projects for supervised sandbox testing, with four focused on tokenization.
KOSPI halts trading after 8% plunge
KOSPI trading stopped for 20 minutes after an 8.02% fall, while SK Hynix’s ADR closed below its $149 IPO price before earnings.
Kalshi and Polymarket win Minnesota injunction
Kalshi and Polymarket US won an injunction blocking Minnesota’s prediction market ban while three federal cases move toward final rulings.
Stablecoins lose $7.7B while volume reaches $1.79T
Stablecoin supply fell $7.7 billion in June, but adjusted transfers reached a record $1.79 trillion as USDC led settlement activity.
X Money launches US payments with yields up to 6%
X Money has begun rolling out to Premium and Premium+ subscribers in the United States, adding deposit accounts, instant transfers, and a Visa debit card directly to the social media platform. X Money brings banking tools inside the social platform…