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Cryptocurrency wallet MetaMask announced via its official X account that it now supports the Robinhood Chain. The integration includes support for swaps, bridging, and cryptocurrency management.

Starting this October, victims of voice phishing in South Korea will be able to recover stolen virtual assets, Edaily reported. On July 15, the country's Financial Services Commission announced a proposed amendment to the Enforcement Decree of the Special Act on Prevention of Damage from Telecommunications-based Financial Fraud and Refund of Damage Amount. The proposal follows a revision to the law in March that expanded the definition of recoverable assets from only money to include virtual assets. According to the amendment, the method of restitution will vary by asset type. Monetary losses will be refunded in cash, while virtual assets will be returned in their original form and quantity. For instance, stolen Bitcoin will, in principle, be returned as Bitcoin.

White House National Economic Council (NEC) Chairman Kevin Hassett said that based on the data, there is no reason for the Federal Reserve to raise interest rates.

The Infinite (IN) Foundation announced via its official X account that it has completed a $1.5 million buyback of its native token. The foundation added that it plans to continue the buybacks based on its assessment of IN's valuation. Additionally, Infinite plans to launch an AI-managed trading vault marketplace this week.

Stable (STABLE), a Layer 1 blockchain centered on the world's largest stablecoin USDT, announced today via its official X account the launch of its global USDT payment app, StablePay. Stable explained that the StablePay mobile app provides integrated USDT payment and deposit services. The company added that users can easily send and receive USDT using 'StableName' instead of long, hard-to-remember wallet addresses, stating its belief that sending stablecoins should be as simple as sending a text message.

BNB Chain announced it has burned a total of 1,615,800 BNB, worth approximately $913.7 million, as part of its 36th scheduled burn for the second quarter.

American actor and cryptocurrency critic Ben McKenzie is lobbying senators to oppose the CLARITY Act, U.Today reported. He has consistently argued for stronger regulation, citing a lack of transparency and investor protection within the crypto industry. In response, Ripple Chief Legal Officer (CLO) Stuart Alderoty called McKenzie's criticism stale, noting that tens of millions of Americans are already finding cryptocurrency useful in their daily lives. The CLARITY Act passed the Senate Banking Committee in May and now awaits a full Senate vote and reconciliation with the House. The industry views an ethics provision aimed at preventing conflicts of interest related to the Trump family's crypto businesses as a key component of the bill. The final deadline for its passage is considered to be before the congressional recess in August.

The reactivation of dormant Bitcoin supply, often seen as a source of selling pressure, is expected to decrease sharply this year, according to Alex Thorn, head of research at Galaxy Digital. In a post on X, Thorn noted that a significant amount of dormant BTC was already reactivated over the past two years, a volume second only to 2017. He added that the "Great Distribution" phase of this cycle, marked by the movement of older coins, is now largely complete. Thorn estimates that the volume of reactivated dormant BTC this year will be less than half of last year's total.

Decentralized exchange (DEX) Aster (ASTER) has announced a promotional campaign with a total reward pool of $15,000 for users who hold and trade SKHYB. According to its official X account, the event runs from 10:00 a.m. UTC on July 15 to 10:00 a.m. UTC on July 22. The exchange also noted that users can deposit SKHYB into an Aster perpetual futures account in "Multi-Assets Mode" to use up to 90% of its market value as collateral. This feature enables trading across all perpetual futures markets without needing to sell the stock token. SKHYB is a security token pegged 1:1 to SK Hynix stock, issued through BTECH Holdings Ltd, a security token platform under Binance.

U.S. Central Command announced it began a series of military strikes against Iran at 6:00 a.m. on July 15. The command explained the strikes are intended to further degrade the military capabilities used by Iranian forces to attack merchant vessels in the Strait of Hormuz.

Crypto neobank Revolut has secured a provisional license from Dubai's Virtual Assets Regulatory Authority (VARA) to offer broker-dealer, investment, and exchange services for cryptocurrencies, according to The Block. Following final regulatory approval, Revolut plans to offer crypto trading services through its app for retail investors and its standalone exchange, Revolut X.

Robinhood Chain, the Ethereum (ETH) Layer 2 network from U.S. trading app Robinhood (Nasdaq: HOOD), has surpassed $1 million in fee revenue just two weeks after its official launch, according to on-chain analyst Tom Wan. He explained that after subtracting $7,430 in costs paid to the Ethereum Layer 1, the chain's net revenue stands at approximately $998,000.

Blockchain security firm PeckShield has retracted its earlier report about a potential hack of a LayerZero (ZRO) team address. The firm now states that the fund movement, initially suspected to be a hack, was a rebalancing and that user funds are not at risk. PeckShield had previously reported that a total of $2.1 million was stolen across multiple chains due to a hack of the LayerZero team's Executor wallet, an address that executes requests from a source chain on a destination chain.

An analysis suggests that the current bull market may not be over, as Bitcoin's long-term holders have not yet begun to actively take profits. On-chain analyst CryptoZeno noted that the adjusted Market Value to Realized Value (MVRV) ratio for entities holding BTC for six months to 10 years is significantly lower than at the bull market peaks in 2017 and 2021. Instead, the metric is closer to the lower range that has historically served as an accumulation zone in previous market cycles. CryptoZeno explained that in major downturns since 2015, the indicator fell to similar levels, after which steady buying from long-term investors absorbed market supply. Furthermore, the realized price—the on-chain acquisition cost—for long-term BTC holders is also on the rise, indicating that the recent price correction was more akin to a revaluation of value, the analyst added.

Strategy (MSTR) CEO Phong Le stated in an interview with Bloomberg that Bitcoin would have to fall to a range of $8,000 to $10,000 to put pressure on the company's financial structure. He said that Strategy's financial position remains stable despite the current market downturn and that while they would need to consider debt-related risks if BTC fell to $8,000, they are currently confident in their financial structure. Le added that Bitcoin has survived multiple cycles, noting that the company experienced downturns in 2022 and this year, and is looking forward to the next bull market. He explained that a recent common stock sale increased their cash holdings to approximately $3 billion, a move made in response to preferred shareholders' demands for greater liquidity. Strategy is currently focused on restoring the STRC par value to $100, after which it plans to issue additional preferred shares. The funds raised from this issuance will be used to purchase more BTC. Addressing concerns about Strategy's influence on the market, Le emphasized that the company's holdings represent only 4% of Bitcoin's total supply. He pointed out that BTC's daily trading volume exceeds $30 billion and that the price actually rose even after Strategy recently sold $200 million worth of the asset. Le stressed that Strategy has no plans to abandon its Bitcoin accumulation strategy and aims to continue being the largest buyer of BTC.

A decline in venture capital participation in crypto seed rounds during the first half of the year indicates both a market downturn and increasing maturity, according to a report from Tiger Research, an Asian Web3 research and consulting firm. The report suggests this trend could be interpreted as a shift in VC preferences and a decrease in the number of early-stage projects. In the first half of the year, crypto VC investment totaled approximately $13.3 billion across 435 deals. While the investment amount itself is not insignificant, the number of deals plummeted by 78% compared to the previous year. The report added that unlike in the past, retail investors no longer react sensitively to news of VC investments, attributing this to structural changes in market capital. It also noted that sectors such as gaming, NFTs, and social saw sluggish VC investment in the first half, while DeFi, payments, stablecoins, centralized exchanges, and prediction markets showed robust performance.

According to data from CoinGlass, approximately $272.98 million in short positions on major centralized exchanges (CEXs) face liquidation if BTC breaks through $65,446. Conversely, a drop below $64,154 would trigger the liquidation of $332.67 million in long positions.

Following a recent sharp decline in the price of CashCat (CASHCAT), a prominent memecoin on the Robinhood Chain, allegations of insider trading have been raised against its most profitable wallet, U.Today reported. The allegations center on an anonymous address (starting with 0xae0F) that purchased 16.3 million CASHCAT for 1.6 ETH shortly after the token's launch. This address then sold 90% of its holdings immediately before the price correction, realizing an estimated 952-fold return. The community has grown suspicious due to the perfectly timed trades, which were likened to buying at the absolute bottom and selling at the peak. However, the report noted that the high volatility of the memecoin market makes it difficult to sell at a peak, and the wallet's trading history does not necessarily prove the use of insider information. CASHCAT, which traded above $0.22 on July 12, is currently trading at around $0.1265, down 32.73% over the past 24 hours.

The Ichimoku Cloud on Ripple's (XRP) weekly chart is acting as strong overhead resistance and limiting the asset's recovery, according to an analysis by The Crypto Basic. The outlet noted a repeating pattern of consistently lower highs, suggesting that selling pressure continues to dominate the market. A weekly close above $1.1444 could break the pattern of lower lows seen over the past 12 months, potentially allowing a rise to $1.2050, where the Tenkan-sen line is located. However, the analysis concludes that the Ichimoku Cloud remains a key resistance level hindering further gains.

An Executor wallet belonging to the LayerZero (ZRO) team has been hacked, resulting in the theft of $2.1 million across multiple chains, on-chain analyst Specter (@SpecterAnalyst) reported on X. An Executor is an address that executes a request from a source chain on a destination chain. The suspected hacker bridged the stolen funds to Ethereum (ETH) via cross-chain bridges Stargate (STG) and Relay. The hacker's address currently holds 955 ETH ($1.78 million) and 322,000 USDC.

The total market capitalization of the Decentralized Physical Infrastructure (DePIN) sector has plummeted by 83% from its all-time high, CryptoRank reported on X. The sector, which reached a market cap of $20.2 billion in March 2024, has since fallen to $3.46 billion. The market cap has also declined by 23% since the beginning of the year. CryptoRank described the DePIN sector as the weakest among the major crypto narratives.

Pharos Network (PROS), a Layer 1 blockchain specializing in real-world asset (RWA) tokenization and artificial intelligence (AI), has announced the launch of the Axil Prime Credit Vault (APC), a product that brings institutional private credit strategies on-chain. The APC is a three-month lock-up vault with a maximum size of 100 million USDC and a target annual yield of up to approximately 14.3%. This yield is composed of an estimated 11.3% from underlying private credit returns and about 3% from Pharos's PROS token incentives. Asset management will be handled by Axil, while R25 Protocol will provide the RWA infrastructure to connect on-chain funds with off-chain credit assets. Pharos will oversee distribution and settlement. The APC will be integrated with OKX Wallet, Binance Wallet, TopNod, and KuCoin Wallet. Deposits can be made using native Pharos USDC or assets bridged from Ethereum.

South Korea’s Financial Services Commission (FSC) has specified the procedure for refunding virtual assets to victims of voice phishing and other financial scams, SBS Biz reported. According to a proposed amendment to the enforcement decree of the Special Act on the Prevention of Telecommunications-based Financial Fraud and Damage Refund, if the recovered asset is monetary, it will be refunded by its currency value. If it is a virtual asset, it will be returned by its type and quantity. In cases where the asset stolen from a victim differs from the asset remaining in a frozen fraudulent account, the refund will be made in the form of the asset present in the account at the time of the freeze. The FSC also plans to establish requirements for designating a dedicated institution to support the sale of virtual assets eligible for refunds. The amended decree is scheduled to take effect on Oct. 1, coinciding with the law's implementation date.

The volume of Bitcoin held at a loss is rapidly increasing, pushing investor sentiment into a phase of extreme contraction, according to on-chain analyst Darkfost. He noted that the proportion of unspent transaction outputs (UTXOs) in a loss state is growing, and the ratio comparing these to UTXOs in a profit state has reached an extreme level. Darkfost explained that such extreme readings typically emerge during periods of intense market stress, adding that the metric is highly consistent and less prone to distortion from price volatility because it simply calculates the ratio of UTXOs in loss versus those in profit. He suggested that the current signal of growing losses on held positions could be interpreted as an accumulation opportunity for long-term investors. However, he also warned to be cautious of a sharp rise in the ratio driven by a surge in profitable UTXOs amid excessive market optimism, as that could signal the end of a market rally.

DEXE has fallen by 4.13% in the past five minutes on the COINNESS market. Currently, DEXE is trading at $37.62.