Banking
Outage
Ethereum bridge users have 24 hours to exit before chain shuts down after just 5 week warning
Powerloom claims and unstaking are already closed, leaving liquid balances one final bridge route to Ethereum before 6:00 AM UTC on July 21.
Payments
UK turns delayed wallet identification into a 14-year criminal risk for crypto firms
A crypto payment can clear in seconds then become a 14-year UK criminal risk when the wallet is tied to Iran’s IRGC.
ETF
Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking
Proposed trust changes would require no-less-than-quarterly cash distributions, creating a common cadence without fixing payout amounts or yield.
Wallets
MetaMask code was open to a North Korea-linked contractor for a month before Consensys halted releases
Consensys found no compromised assets or data, no malicious code deployment and no user impact, but contractor access controls face scrutiny.
Gaming
Crypto malware in 8 Steam games steals tokens after leaving trail to Uber Eats deliveries
Investigators reportedly followed Bitcoin-funded gift cards to Uber Eats deliveries, showing both sides of software-mediated wallet risk.
Price Watch
Bitcoin sellers are tiring but weak demand leaves an 18% fall to $52,900 in play
Cooling holder losses support a higher low, but weak spot demand leaves Bitcoin below its first major recovery test near $69,000.
Enterprise
Citadel Securities backs two rival crypto exchanges with $600 million as both chase the same Wall Street prize
Crypto.com and Kraken are pursuing the same tokenized-market expansion, while only one has disclosed Citadel’s operational role.
Digital Asset Treasuries
Bitcoin treasury company offers 10% income and still can’t sell nearly half its shares
BTC PREF is expected to begin trading July 20, with any discount to SEK 120 lifting the indicated cash yield above 10%.
Regulation
Trump aide allegedly made $100K betting on 12 speeches before anyone knew – then Kalshi stepped in
More than a dozen speeches are alleged, but no cited report dates the first alert, restriction, or CFTC referral.
Bankruptcy
Dutch crypto exchange collapses exposing customer balances’ true value amid multi-million-euro hole
The court found an undisclosed deficit and said Knaken cannot repay customers in full, leaving recovery to an independent trustee.
Payments
Steak ‘n Shake credits Bitcoin for company growth – But is PR value now worth more than people actually using BTC?
The chain reports 16% July sales growth, but without BTC payment share its merchant model cannot be measured.
Taxes
Japan passes the crypto law traders wanted but its 20% tax could still wait until 2028
A 2028 start depends on FIEA enforcement landing in 2027, while eligible assets and product approvals face separate gates.
