Author: John Smith
Flash loans let anyone borrow tens of millions of dollars with no collateral, no credit check, and no identity, on one condition: the loan must be repaid within the same transaction that created it. This guide explains how that is even possible, what flash loans are legitimately used for, how attackers weaponize them, and why the strangest loan in finance is also one of its most honest. Summary Flash loans are possible because blockchain transactions are atomic: they either fully complete or fully revert. The lender does not need collateral because the loan cannot survive unless it is repaid inside…
SpaceX has transferred Bitcoin for the first time in six months, while its newly listed SPCX shares have fallen more than 25% from recent highs despite joining the Nasdaq-100. Summary SpaceX moved Bitcoin for the first time in six months, though the transfer was worth only $88. SPCX shares have fallen more than 25% despite the company’s fast-tracked Nasdaq-100 inclusion. JPMorgan estimates the index addition could drive about $4.3 billion in passive fund buying. According to Arkham Intelligence, a wallet linked to Elon Musk’s SpaceX moved just $88 worth of Bitcoin on July 8, ending a six-month period without on-chain…
Zcash price has pulled back from the $500 resistance zone after a sharp rally driven by renewed optimism around the upcoming Ironwood upgrade, although technical indicators still favor another attempt higher if key support levels continue to hold. Summary Zcash price has retreated from the $500 resistance after profit-taking, but continues to hold above the key $440 support zone. Technical indicators and liquidation data suggest a break above $480 could trigger another move toward the $500-$540 region. Rising geopolitical tensions, weaker institutional crypto demand, and regulatory pressure remain the biggest risks to the bullish outlook. According to data from crypto.news,…
Dunamu, the operator of South Korean cryptocurrency exchange Upbit, has been selected as the preferred bidder for the Korean National Police Agency’s one-year seized digital asset custody contract. Summary Dunamu has been selected as the preferred bidder to manage digital assets seized by South Korea’s National Police Agency under a one year custody contract. Procurement results placed Dunamu ahead of K DAC and Hecto Wallet One after it received the highest combined technical and price evaluation score. Some industry participants questioned whether the tender requirements gave large exchange operators an advantage, while police said the operator was selected through a…
Kenya has moved to procure a blockchain surveillance platform capable of tracking transactions across more than 20 blockchain networks as the country prepares to supervise licensed crypto businesses under its new virtual assets law. Summary Kenya plans to deploy blockchain surveillance software as it prepares to regulate licensed crypto businesses. The proposed platform would track transactions across more than 20 blockchains and flag suspicious wallets and transfers. The move follows Kenya’s new virtual asset law and proposed reporting rules for crypto service providers. According to tender documents reviewed by Capital FM Africa, Kenya’s Capital Markets Authority (CMA) is seeking an…
AngelList will stop supporting crypto payments for investment funding at the end of July. Summary AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer options. The change affects USDC, USDT, DAI, and ETH payments, but not existing investments. Ripple bought Rail for $200 million to expand enterprise stablecoin payments and global settlements. The venture platform said crypto funding will become unavailable from July 31, 2026, according to an AngelList help-center notice. The change affects payments made in USDC, USDT, DAI, and ETH. AngelList said its third-party crypto payments provider is discontinuing the service. Users will need…
Vanguard is hiring a head of digital assets as the asset manager builds a broader strategy for blockchain-based finance. Summary Vanguard’s new role covers tokenization, stablecoins, custody, settlement, blockchain infrastructure, and client-facing products. The hiring follows years of caution toward crypto ETFs and direct digital asset exposure. Tokenized funds are growing as BlackRock, Franklin Templeton, Fidelity, and State Street expand offerings. The job posting says the role will lead Vanguard Personal Wealth’s digital assets strategy, roadmap, and execution. The executive will help decide how Vanguard evaluates, builds, partners, or holds back on digital asset products and infrastructure. The role covers…
The U.S. Securities and Exchange Commission has added three major crypto-related rule proposals to its 2026 regulatory agenda, expanding its work on digital asset regulation while Congress continues to debate the CLARITY Act. Summary The SEC has added three crypto-related rule proposals to its 2026 regulatory agenda covering assets, broker-dealers, and market structure. The proposals include possible crypto asset exemptions, broker-dealer rule changes, and new trading rules for exchanges and ATSs. Meanwhile, the CLARITY Act awaits a Senate vote as lawmakers work to reconcile competing versions before the Aug. 7 deadline. According to the SEC’s Agency Rule List, the commission…
Bitcoin Suisse has secured full regulatory approval in Abu Dhabi, allowing the Swiss crypto firm to expand its regulated digital asset business across the United Arab Emirates. Summary Bitcoin Suisse has secured a full ADGM license, allowing it to offer regulated crypto services across the UAE. The approval follows the firm’s recent MiCA license in Liechtenstein, expanding its regulated presence in Europe and the Middle East. Abu Dhabi continues attracting major crypto firms as it strengthens its position as an institutional digital asset hub. ADGM approval opens regulated crypto services across the UAE According to a July 7 announcement, Bitcoin…
Kraken has secured a $22 million arbitration award against its former auditor Mazars USA, with co-CEO Arjun Sethi linking the dispute to what he described as Operation Chokepoint 2.0. Summary Kraken secured a $22 million arbitration award against former auditor Mazars over its withdrawn 2022 audit. Co-CEO Arjun Sethi linked the dispute to Operation Chokepoint 2.0 and called for passage of the CLARITY Act. The exchange continues expanding its product suite with tokenized stock collateral and institutional lending services. According to a letter published Tuesday by Kraken co-CEO Arjun Sethi, parent company Payward has asked the Delaware Court of Chancery…