Author: John Smith
Crypto ownership in Canada has more than doubled since 2023, even as regulators warn that many investors still misunderstand platform protections and industry rules. Summary 25% of Canadians owned crypto in 2026, up from 10% in 2023. The Ontario Securities Commission survey found 59% of respondents were aware of crypto assets. Only about half of crypto owners checked whether their trading platform was registered. Canada is also considering bans on crypto ATMs and digital asset political donations. Canada crypto ownership more than doubles Canada’s cryptocurrency ownership rate rose to 25% in 2026 from 10% in 2023, according to new research…
XRP price rebounded toward $1.10 on July 30 as fresh ETF inflows and Aviva Investors’ move onto the XRP Ledger supported demand, although the charts show that sellers remain active near current levels. Summary XRP price rose 1.68% to $1.0917 on the daily chart after touching an intraday high of $1.0950. XRP ETFs recorded $584,000 in net inflows on July 29, ending a 4-day pause. The 4-hour chart places XRP at the $1.0908 Fibonacci resistance, with cash flow still negative. Liquidation clusters near $1.10 and $1.065 could shape the token’s next short-term move. XRP price rebounds but stays below daily…
A major U.S. police organization has endorsed the latest CLARITY Act draft, but unresolved disputes over political ethics, DeFi protections and stablecoin rewards continue to threaten its passage before the Senate recess. Summary Major Cities Chiefs Association endorsed the CLARITY Act after lawmakers added new enforcement provisions. Polymarket traders place the bill’s chance of becoming law in 2026 at 30%. Democrats and prosecutors continue to seek changes to the bill’s DeFi developer protections. Banks support federal crypto rules but want tighter restrictions on stablecoin rewards and yield. Major Cities Chiefs Association backs CLARITY Act The Major Cities Chiefs Association endorsed…
A decade of tokenized equity pitches promised global access to American stocks. The use case that finally moved volume is pairing them against memecoins on a brokerage’s own chain, and it just pushed Robinhood Chain past Solana in tokenized stock trading. Nobody planned this. Summary Since mid-July, launch platforms Bankr and long.xyz have let users issue memecoins backed by tokenized stock liquidity across more than 90 tickers on Robinhood Chain. DEX Screener now shows memecoins trading against tokenized NVDA, TSLA, INTC, RBLX, and SPCX among the chain’s top 100 pools. That mechanism has pushed Robinhood Chain past Solana in tokenized…
SALT announced on July 30 that Ripple CEO Brad Garlinghouse will speak at the third annual Wyoming Blockchain Symposium, scheduled for Aug. 17–20 at the Four Seasons Resort and Residences Jackson Hole. Summary Ripple CEO Brad Garlinghouse will speak at Wyoming’s invitation-only symposium from August 17 through 20. Five hundred investors, builders and policymakers are expected at the third annual Jackson Hole gathering. Ripple also sponsors the event, while organizers continue adding speakers and sessions before opening day. The official speaker announcement confirmed his addition to the lineup but did not identify a session title, speaking time or discussion partner.…
Aave founder Stani Kulechov said on July 30 that the lending protocol plans to retire dozens of low-use asset reserves and wind down its deployments on six blockchain networks. Summary Aave proposal targets six deployments holding $12.8 million supplied and $4.1 million in outstanding debt. Fifty low-adoption reserves and twenty-one matured Pendle tokens account for most assets under review today. Users can retain existing positions initially, but freezes and higher rates will encourage orderly exits. The changes cover approximately $98.1 million in supplied assets and $15.6 million in debt. However, the measures originate from an Aave governance proposal and require…
Ostium has concluded that its July exploit originated from compromised off-chain infrastructure rather than a flaw in its smart contracts, after an investigation found the attacker manipulated price reporting to drain 23.75 million USDC from the protocol’s liquidity vault. Summary Ostium said its investigation found the July exploit originated from compromised off chain infrastructure rather than a flaw in its smart contracts. Fraudulent BTC USD price reports allowed the attacker to drain 23.75 million USDC from the protocol’s OLP liquidity vault. The protocol said automated monitoring detected the attack, trading resumed on July 23, and user collateral remained unaffected. A…
The U.S. Treasury sanctioned two Iranian maritime insurance companies on July 29, alleging that they supported an Islamic Revolutionary Guard Corps-linked system for collecting revenue from vessels using the Strait of Hormuz. Summary Two Iranian maritime insurers were sanctioned after Treasury alleged HormuzSafe accepted Bitcoin to evade restrictions. Eight shipping companies and eight vessels were also targeted over alleged Iranian petroleum transport activities. OFAC published no Bitcoin addresses, transaction hashes or payment totals supporting its public designation announcement. The Office of Foreign Assets Control added HormuzSafe Marine Services Authority and Persian Gulf Marine Insurance Company to its Specially Designated Nationals…
A Moscow court has moved BitRiver founder Igor Runets from house arrest to pretrial detention as investigators examine an alleged fraud involving nearly ₽1 billion. Summary Two months of pretrial detention replace Igor Runets’s house arrest in Moscow’s expanding fraud investigation. Nearly ₽1 billion in alleged losses involve prepaid mining equipment that investigators say never arrived. BitRiver’s parent faces bankruptcy proceedings tied directly to the disputed En+ mining equipment contract case. The Zamoskvoretsky District Court approved the change on July 22 and ordered Runets to remain in custody for two months. The new charge became public on July 29 through…
Every chain announcement leads with a transaction number. On a network charging $0.0002, 1 million transactions represents $200 of economic activity and a weekend of testing. The metric that headlines every milestone is the one that survives the least scrutiny, and the analytics platforms already know it. Summary Transaction counts are the most-cited blockchain metric and among the least informative, because a count measures events, not value, and says nothing about what those events were worth. On networks with fees measured in fractions of a cent, the cost of generating enormous counts is trivial, so testing, scripts, and incentive farming…