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July 15, 2026

Payments

Emirates NBD Goes Live With Real-Time USD Cross-Border Payments on Partior

Emirates NBD launches real-time cross-border USD payments on Partior Emirates NBD has gone live with real-time cross-border U.S. dollar payments on the Partior blockchain network for eligible corporate and institutional clients. Announced July 14, the service initially covers USD transfers to beneficiaries with J.P. Morgan accounts, with J.P. Morgan handling the first live transaction as both settlement and beneficiary bank. The bank plans to add more currencies and banking partners over time.

DeFi

Curve deploys Llamalend v2 on Ethereum, with borrowing to open after DAO approvals

Llamalend v2 goes live on Ethereum Curve has deployed Llamalend v2 on Ethereum after its first production rollout on Optimism, expanding lending beyond markets that require crvUSD on one side. The upgrade lets supported borrowed assets and collateral types, including Curve LP tokens, be used in isolated markets with their own oracle, caps and risk settings. Initial Ethereum markets start with zero borrow caps, and borrowing will open market by market after Curve DAO approvals.

Regulation

India Keeps Crypto Adoption Open While Tightening Tax and AML Controls

India signals tighter crypto oversight as adoption stays high India’s crypto market may keep expanding over the next five years, but policy is moving toward stricter compliance, not broader legalization. The Finance Ministry says virtual digital assets remain unregulated, private crypto is not legal tender, and trading will stay subject to tax and AML rules, while exchanges face stronger reporting and identity checks under IT Act and FIU requirements.

Court

Arbitrator rejects Heka’s $49 million claim against Circle over blocked USDC redemptions

Arbitrator rejects Heka’s $49M claim against Circle over USDC ban A private arbitrator upheld Circle’s decision to bar Malta-based Heka Funds from redeeming USDC, rejecting Heka’s $49 million damages claim after finding the fund acted in bad faith by concealing Tether’s backing. Court filings made public Tuesday show Circle accused Heka of structuring unusually large USDC redemptions to move dollars to Tether; the arbitrator did not make a formal market-manipulation finding and ordered Heka to pay about $166,000 in costs.

Security

Ostium loses up to $18 million in oracle signer exploit on Arbitrum

Ostium loses nearly $18M in oracle key exploit on Arbitrum Attackers drained nearly $18 million USDC from Ostium after compromising an oracle signer private key, letting them bypass verification checks and submit favorable future prices. Blockaid flagged the incident on July 15, 2026, saying the attacker used a registered PriceUpKeep forwarder and authorized oracle reports to run about 20 looped trades, extracting roughly 32%-35% of the protocol’s ~$34 million TVL.

DeFi

L2Beat Removes $7 Billion in Non-Circulating RAIN From Arbitrum TVS

L2Beat cuts $7B in RAIN from Arbitrum TVS L2Beat removed about $7 billion in non-circulating RAIN from Arbitrum’s Total Value Secured after finding the tokens were held in project-controlled multisig wallets and should not have been counted. The drop was a methodology change, not an exploit or withdrawal. About $2.6 billion in RAIN still remains in Arbitrum’s TVS, ahead of roughly $2.5 billion in USDC and $1.4 billion in ETH.

Regulation

South Korea proposes refund rules for crypto lost in voice phishing scams

South Korea to extend fraud refunds to virtual assets South Korea’s FSC said on July 15 it will open public consultation on rules that would let victims of telecom financial fraud get refunds for virtual assets, not just cash. Refunds would be calculated by token type and quantity using the market price at the time payment is suspended, and a designated institution would help sell refundable crypto so victims can be paid in cash. The comment period runs from July 15 to Aug. 24.

Companies

Strive reports more than $6 million paper loss after moving cash into Strategy’s STRC

Strive discloses $6.3M paper loss on STRC cash swap Strive swapped $50.5 million of cash for Strategy’s STRC in March and, by July 10, the stake was worth about $44.18 million, leaving an unrealized loss of roughly $6.3 million excluding dividends, according to an SEC filing. The firm had pitched STRC as a cash-like treasury holding with stable price behavior; even including dividends, it was still down more than $4 million versus simply holding cash.

Regulation

Cash App Agrees to $45 Million Multistate Settlement Over Fraud Allegations

Block’s Cash App agrees to $45M multistate fraud settlement Block Inc. agreed to a $45 million settlement with 46 states over allegations Cash App misled users about fraud protections and customer support, including lax verification, years without phone support, delayed fraud probes and account lockouts that blocked recovery of stolen funds. The deal requires 24-hour support, an end to deceptive marketing, and a restitution program for users hit by unauthorized transactions.

Regulation

UK Fraud Review Urges Judge Training for Crypto Laundering and AI Scam Cases

UK review urges mandatory judge training for crypto and AI fraud cases A government-backed UK fraud review warned that magistrates and judges in England and Wales are not prepared for a likely surge in crypto money laundering and AI-enabled fraud cases, and urged the Judicial College to review training for the whole judiciary. It said regional courts lack experience with complex cases involving cross-border transfers and cryptocurrencies, and suggested replacing or updating the current optional course with a bespoke module that could be mandatory for judges handling serious fraud.

Regulation

Revolut gets in-principle VARA approval to expand crypto services in the UAE

Revolut wins in-principle Dubai crypto approval Revolut has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority to expand its regulated crypto business in the UAE. Subject to final authorization, the fintech plans to offer broker-dealer, management, investment and exchange services, with eligible users able to buy, sell and hold digital assets through its main app and Revolut X.

Infrastructure

BNB Chain completes 36th quarterly burn, removing 1.61 million BNB from supply

BNB Chain burns 1.61 million BNB in 36th quarterly reduction BNB Chain has completed its 36th quarterly token burn, permanently removing 1,615,827.795 BNB worth about $931.7 million on July 15 and cutting total supply to 133,166,127.91. The burn moves BNB closer to the 100 million supply target, and BNB Chain said this and future quarterly burns will be executed directly on BSC, with tokens sent to the blackhole address after the Fusion process.

Regulation

Ben McKenzie Urges U.S. Senators to Oppose CLARITY Act

Ben McKenzie lobbies senators against CLARITY Act Actor and crypto critic Ben McKenzie met with U.S. senators in Washington on Tuesday to urge them to vote against the CLARITY Act, journalist Eleanor Terrett reported. The bill is one of the most significant crypto market structure proposals before Congress and would create a clearer regulatory framework for digital assets in the US, making McKenzie’s push a direct intervention as lawmakers debate the measure.

Tokenization

XRPL Holds 70.4% of Represented Tokenized Commodities, RWA.xyz Data Shows

XRPL takes 70.4% of represented tokenized commodities market RWA.xyz data shows the XRP Ledger hosts $2.5 billion of the $3.55 billion represented tokenized commodities market, giving it a 70.4% share, ahead of Polygon’s $661.2 million and Arbitrum’s $482,700. The total tokenized commodity market stands at $8.08 billion, but XRPL’s overall share drops to 31% when distributed assets are included, behind Ethereum’s $4.2 billion.

Security

Hijacked SpaceX and Starlink X accounts used to promote SCATMAN token in brief scam

SpaceX and Starlink X accounts hijacked to pump SCATMAN memecoin Verified X accounts for SpaceX and Starlink were briefly hijacked on July 12 and used to repost promotions for the SCATMAN memecoin, helping drive a 575% surge in the first 20 minutes before the posts were removed. The attacker reportedly minted 10 trillion tokens and sold them across two wallets for about 73.7 ETH, or roughly $135,000, turning the brands’ credibility into a short-lived exit liquidity event for buyers.

Regulation

South Korea clears Project Hangang Phase 2, expanding CBDC pilot to 500,000 users

South Korea approves Project Hangang Phase 2 for 500,000 CBDC users South Korea’s Financial Services Commission has designated the Bank of Korea’s Project Hangang Phase 2 as an innovative financial service, clearing the next CBDC deposit-token pilot to expand from 100,000 to about 500,000 users. The new phase adds wallet-to-wallet transfers, treasury fund disbursement tests and broader business use, while BNK Kyongnam Bank and iM Bank join as payment and settlement providers.

Companies

Stripe and Advent Submit $53 Billion Bid to Acquire PayPal

Stripe and Advent offer over $53B to buy PayPal Stripe and Advent International have submitted a formal proposal to acquire PayPal for more than $53 billion, or about a 28% premium to Tuesday’s close, with roughly $50 billion in committed bank financing. The companies would own PayPal jointly and equally if the deal is accepted, bringing PayPal’s PYUSD stablecoin under Stripe’s crypto-payments infrastructure; PayPal’s board has not approved the bid and antitrust scrutiny remains a risk.

Regulation

Japan Approves Law Treating Crypto as Financial Products and Opens Path to Spot ETFs

Japan approves law to classify crypto as financial products Japan’s House of Councillors has given final approval to amend the Financial Instruments and Exchange Act, moving crypto regulation from the Payment Services Act and classifying crypto assets as financial products for the first time. The law also tightens penalties for unregistered operators and lays the groundwork for spot crypto ETFs, while a separate tax shift from rates of up to 55% to about 20% could follow after implementation, potentially from 2028.

DeFi

Aave raises V3 caps for USDe, FBTC and cbETH after reserves near utilization limits

Aave executes Risk Steward cap increases for USDe, FBTC and cbETH Aave has implemented Risk Steward parameter changes across V3 markets after utilization ran high on several reserves. On Aave V3 Core, USDe’s supply cap was raised from 626,000,000 to 751,200,000 and its borrow cap from 366,000,000 to 475,800,000; on V3 Mantle, FBTC’s supply cap doubled from 50 to 100; and on V3 Base, cbETH’s supply cap increased from 39,900 to 50,000.

Infrastructure

CT3 moves new ct-3.cloud uploads to dedicated storage contracts as usage grows

CT3 shifts decentralized storage to dedicated Storage Contracts CT3 said it is moving new ct-3.cloud uploads from a single main contract to dedicated Storage Contracts, with each contract tied to fixed capacity and its own on-chain utilization stats. The company said the change is aimed at scaling after more than 180,000 users and 500,000 uploads, while letting participants finance new capacity and share in profit from its use.

Regulation

Alaska sets July 21 deadline for Bitcoin Depot kiosk scam claims

Alaska sets July 21, 2026 deadline for Bitcoin Depot scam claims Alaskans who lost money through Bitcoin Depot kiosks have until July 21, 2026, to seek a share of Bitcoin Depot Operating LLC’s bankruptcy estate, the Alaska Department of Law said. The company filed for bankruptcy in the Southern District of Texas, and officials urged victims to verify eligibility before filing. State Senator Cathy Tilton tied the notice to her SB 249 push for licensing, identity checks and other safeguards for crypto-kiosk operators.

Companies

SBI Digital Finance and Doppler deepen push for institutional XRP infrastructure in Japan

SBI Digital Finance and Doppler partner on institutional XRP infrastructure in Japan SBI Digital Finance and Doppler Finance said July 13 they formed a strategic partnership to build XRP and digital-asset infrastructure for institutional users in Japan, expanding Doppler’s ties with SBI Group beyond its Dec. 17, 2025 MoU with SBI Ripple Asia on XRP yield and tokenization. The companies cited Japan’s regulatory clarity, institutional participation and large XRP community, but gave no product launch details or timeline.

Regulation

US freezes over $130 million in crypto tied to Iran central bank

US freezes $130M in crypto linked to Iran’s central bank The US Treasury sanctioned multiple wallets tied to the Central Bank of Iran and froze more than $130 million in cryptocurrency, Treasury Secretary Scott Bessent said on July 14. The action was part of a broader OFAC package targeting more than 50 individuals, entities and vessels linked to Mohammad Hossein Shamkhani’s oil-shipping network under Executive Order 13902.

Companies

BitMine says Ethereum staking generated 98% of quarterly revenue as total sales hit $45.7 million

BitMine says Ethereum staking drove 98% of quarterly revenue BitMine Immersion Technologies reported $45.7 million in revenue from Ethereum staking and validator services for the quarter ended May 31, or 98% of its total, versus $624,000 from Bitcoin mining and $168,000 from consulting. Total revenue rose more than 22-fold from $2 million a year earlier, as its MAVAN institutional staking platform scaled after the Pier Two Holdings acquisition.

Payments

Cebuana Lhuillier to build Solana-based stablecoin payment rail with Fireblocks

Cebuana Lhuillier to build stablecoin payment rail with Fireblocks on Solana Philippine financial services provider Cebuana Lhuillier is building a stablecoin-based settlement platform with Fireblocks, using Solana to handle domestic and cross-border transactions instead of legacy systems. The rollout will use Fireblocks’ wallet, network and reconciliation tools and is planned to scale across Cebuana Lhuillier’s 3,500-plus branches, allowing settlement accounts to be funded directly with international partners.

Payments

ECB selects 36 firms for 12-month digital euro pilot starting in late 2027

ECB picks 36 firms for digital euro pilot starting in H2 2027 The European Central Bank has selected 36 payment service providers for a 12-month digital euro pilot across the ECB and 19 euro-area national central banks, moving the project into live beta testing after years of design work. The trial will cover account setup, merchant acceptance, online and offline person-to-person payments, point-of-sale purchases, e-commerce and mobile payments, with Stripe among the participants.

July 14, 2026

Regulation

EU sanctions Vitaly Kovalev, identifies him as ‘Stern’ behind Trickbot and Conti

EU sanctions Trickbot boss Vitaly Kovalev as “Stern” The EU has sanctioned Russian national Vitaly Nikolayevich Kovalev and, for the first time in a sanctions listing, tied him by name to the “Stern” alias linked to the Trickbot and Conti ransomware groups. The move was coordinated with the US and UK, and published Kovalev’s wallet addresses to make it harder for him to move funds through crypto exchanges and financial services.

Prediction Markets

CFTC tells Kalshi not to obey Michigan order to cancel completed user trades

CFTC tells Kalshi to ignore Michigan order to cancel trades The CFTC has ordered prediction-market platform Kalshi not to comply with a Michigan court order requiring it to cancel and refund trades by Michigan users, saying unwinding executed contracts could disrupt markets and undermine contractual certainty. The agency said it will not allow states or courts to pressure registered entities into violating the Commodity Exchange Act, calling such cancellations unprecedented and a risk to market confidence.

DeFi

Robinhood Chain Passes $800M in DEX Volume as Meme Coins Dominate Early Activity

Robinhood Chain tops $800M in daily DEX volume, but memes dominate activity Robinhood Chain cleared about $819 million in 24-hour DEX volume on Tuesday, just two weeks after its July 1 launch on Arbitrum, briefly overtaking Ethereum a day earlier. Artemis CEO Jon Ma said the start is strong — citing 300,000+ daily active addresses, about $300 million TVL and roughly $40 million in annualized fees — but warned most trading is still in meme coins rather than the tokenized stocks and RWAs the network launched to support.

Infrastructure

Aave selects Chainlink CCIP as core cross-chain infrastructure for its mobile app

Aave Labs adopts Chainlink CCIP for cross-chain app infrastructure Aave Labs said it has made Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, the main cross-chain infrastructure for its new mobile app and broader multichain ecosystem after an updated LlamaRisk review found CCIP to be the most secure option. Aave said security was the deciding factor, and that CCIP adds no new trust assumptions beyond the Chainlink systems it already uses for oracles, GHO transfers, and governance.

Security

Gwalior accountant alleges Rs 21 crore loss in six-month fake crypto trading fraud

Gwalior CA alleges Rs 21 crore crypto scam tied to fake Bitcoin, USDT trades A 70-year-old chartered accountant in Gwalior told police he lost more than Rs 21 crore over six months in an alleged crypto investment fraud that began with a WhatsApp approach and a fake Bitcoin-USDT trading platform. Investigators said an initial Rs 1.88 lakh payout was used to build trust before the victim was asked for more money, including Rs 10.84 crore in “tax” and 2 lakh USDT as risk margin; police have frozen about Rs 2 crore after tracing funds through 570 mule accounts.

Security

Prism Deploys New Ethereum Contract After Exploit Diverted Nearly 40% of Trading Fees

Prism relaunches on new Ethereum contract after fee-draining exploit Prism is abandoning its original PRISM token and deploying a new Ethereum contract after disclosing that an attacker spent most of July siphoning off just under 40% of trading fees. The exploit used helper contracts to create 2,500 extra fee-earning positions beyond the token’s 5,000 cap, and the old token fell about 91% in 24 hours. It is still unclear how holders will migrate to the new contract.

Ethereum

Ethereum Foundation advances clear signing standards to reduce blind approvals

Ethereum Foundation pushes clear signing standards to curb blind approvals The Ethereum Foundation said it is working on safer clear signing standards aimed at reducing “blind approvals” when users interact with complex dApps, a common user-side security risk. The effort is meant to give wallets clearer transaction information, though adoption will depend on follow-up support such as wallet integration and broader ecosystem uptake.

Regulation

North Carolina Enacts Crypto ATM Law With Fee Caps, Limits and Refund Rights

North Carolina signs crypto ATM consumer protection law North Carolina has enacted the Virtual Currency Kiosk Consumer Protection Act, adding new rules for crypto ATM operators including fraud warnings, a $2,000 daily limit for new customers, and a 12% cap on fees. The law also requires operators to be licensed as money transmitters under the Commissioner of Banks, and lets scam victims seek refunds within 30 days after reporting an incident.

ETF & Funds

Evernorth details $44 million CEO equity award in latest SPAC merger filing

Evernorth discloses $44M CEO stock award in updated SPAC merger filing Evernorth, backed by Ripple, disclosed a roughly $44 million initial equity award for CEO Asheesh Birla in a fourth amended Form S-4 filed with the SEC, as it advances its merger with Armada Acquisition Corp II. The filing also says CFO Matt Frymier would get an equity award worth about $5.6 million; if approved by regulators and shareholders, the combined company would trade on Nasdaq as XRPN and operate as an XRP treasury company.

Companies

Anchorage Digital adds institutional TRX staking as it expands Tron services

Anchorage Digital adds TRX staking for institutional clients Anchorage Digital has launched native TRX staking for institutional clients, letting them stake directly from its custody platform or Porto self-custody wallet without moving assets off-platform. The move expands Anchorage’s Tron support after adding TRX custody earlier this year and deepens its exposure to a network the company described as one of the largest for USDT settlement, with nearly $90 billion of USDT in circulation.

Payments

Emirates NBD joins Partior network for cross-border payments in first MENAT rollout

Emirates NBD goes live on Partior for cross-border payments Emirates NBD has joined the Partior DLT clearing and settlement network for cross-border payments, becoming the first bank in the MENAT region live on the platform. Phase one launches the bank as a USD participant, with JPMorgan acting as settlement and beneficiary bank for the first transaction; Emirates NBD will initially support corporate and institutional payments to beneficiary accounts at JPMorgan, with plans to add more network banks and currencies later.

Web3

ENS DAO Holds Time-Sensitive Vote to Replace Security Council Before July 24 Expiry

ENS DAO votes on new Security Council before veto expires ENS DAO has started an onchain vote to install a new eight-member Security Council and preserve the protocol’s emergency veto before the current council expires on July 24. Nick Johnson submitted the executable after last month’s renewal failed when he voted against it; the measure closes around July 20 and had about 779,000 votes as of Monday, short of the 1 million-token quorum needed.

Stablecoins

Velocity raises $38 million Series A for stablecoin treasury and settlement platform

Velocity raises $38M Series A for stablecoin treasury and settlement platform Velocity, a startup that lets corporate users hold, move and settle funds with stablecoins while connecting to bank rails and compliance systems, raised $38 million in a Series A led by Dragonfly and FirstMark. The July 14 round, which included Capital One Ventures, QED, Coinbase Ventures, Wintermute Ventures and Ripple, brings total funding to nearly $50 million since May and will fund network expansion, product development and regulatory capabilities.

Security

Humanity Protocol Rebuilds Security After $36 Million Token Theft

Humanity Protocol revamps security after $36M token hack Humanity Protocol said it is rebuilding its operational security framework from the ground up after an employee laptop was compromised last month, leading to the theft of $36 million in H tokens. Quantstamp said the attack may have involved a North Korea-linked group using phishing and malware to gain remote access to an admin hot wallet and multisig keys, underscoring the growing crypto threat from employee-targeted social engineering.

Altcoins

Kraken Opens Trading for Hippius Token SN75 on July 14

Kraken lists Hippius token SN75 for trading Kraken said funding and trading for Hippius’ SN75 token went live on July 14, 2026. SN75 is the native token of Hippius, a decentralized cloud storage network built on Bittensor’s subnet 75 that offers S3-compatible object storage. Trading in the Kraken App and via Instant Buy will open once liquidity conditions are met, and geographic restrictions may apply.

Security

BonkDAO Treasury Drained After Attacker Buys Majority in BIP #76 Vote

BonkDAO treasury drained after attacker bought vote majority An attacker spent about $4.4 million buying BONK, pushed through BonkDAO proposal BIP #76, and transferred roughly $20 million in BONK from the DAO treasury on July 6. The vote passed with 882.38 billion BONK in favor against an 879.95 billion quorum, with just seven wallets participating, and executed automatically via Realms with no timelock or veto. BonkDAO said no smart contract, key, or user wallet was compromised. Exchanges began responding, with Upbit suspending BONK deposits and withdrawals as investigators traced the funds.

Infrastructure

CleanSpark signs 20-year Sandersville data center lease worth $6.6 billion

CleanSpark signs $6.6B Sandersville data center lease with unnamed tech tenant CleanSpark signed a 20-year triple-net lease worth $6.6 billion in contracted revenue for its Sandersville, Georgia, data center with an unnamed high-investment-grade global technology company. The tenant will deploy 175 MW of critical IT load, with deliveries starting in Q4 2027, and gained exclusivity over CleanSpark’s Texas portfolio spanning 718 acres and up to 885 MW of secured and planned power capacity.

Tokenization

Kraken Extends API Partner Program to xStocks Tokenized Equities

Kraken opens xStocks to API partners Kraken said API partners can now offer xStocks — tokenized U.S. stocks and ETFs backed 1:1 by the underlying equity — through its existing spot and futures APIs, with no new infrastructure or accounts required. The lineup includes spot trading and perpetual futures with up to 20x leverage on names such as Apple, Nvidia, Tesla, SPYx, and QQQx, alongside crypto.

Payments

ECB names 36 firms for digital euro pilot ahead of 2027 trial

ECB picks 36 firms for digital euro pilot The European Central Bank has selected 36 payment service providers, including Stripe, Revolut, Deutsche Bank, UniCredit and BPCE, for a 12-month digital euro pilot due to start in the second half of 2027. The group was chosen from more than 50 applicants and will help test user access and merchant payments as the ECB steps up preparations for a CBDC rollout across the euro area.

Security

Interpol says Thai suspect’s wallet moved $122 million in alleged romance scam proceeds

Interpol links $122M crypto wallet to romance scam suspect in Thailand Interpol said a 20-year-old suspect arrested in Thailand controlled a crypto wallet that processed more than $122 million in alleged romance scam proceeds over 10 months, with funds often routed through cross-chain swaps to hide the trail. The wallet was uncovered during Operation First Light 2026, a January-April sweep across 97 countries that led to 5,811 arrests, $293 million intercepted, and more than 142,000 victims identified.

Regulation

HMRC to defer CGT on certain crypto lending and liquidity pool transactions from 2027

HMRC to defer CGT on certain crypto loans and liquidity pool moves from 2027 HMRC said certain cryptoasset loan and liquidity pool transactions will be treated as “no gain, no loss” from 6 April 2027, deferring Capital Gains Tax until an economic disposal. The change applies to individuals and trustees, covers lending and AMM liquidity pool arrangements where users put in and receive the same type of cryptoasset, and is expected to affect about 700,000 people by easing burdens created by HMRC’s 2022 guidance.

Court

Former LA deputy gets 18 months for lying in Adam Iza crypto extortion investigation

Ex-LA sheriff’s deputy gets 18 months for lying in crypto extortion probe A former Los Angeles County Sheriff’s Department deputy was sentenced to 18 months in federal prison after admitting he lied to federal investigators about a 2021 extortion incident involving crypto businessman Adam Iza. Prosecutors said the deputy saw Iza threaten a victim with live ammunition before demanding $25,000; Iza remains in federal custody after multiple guilty pleas, including in a separate Connecticut bitcoin-linked kidnapping conspiracy.

Payments

Naver Makes First Crypto Bet With Investment in US Stablecoin Payments Firm Rain

Naver backs Rain in first crypto investment Naver Ventures joined Rain’s $250 million Series C, marking Naver’s first investment in a crypto company as it looks to build stablecoin payments using Rain’s Visa-linked infrastructure. Rain can issue cards and settle directly with Visa, letting stablecoins be converted to local currency at checkout across about 150 million merchants in roughly 150 countries. The move could support global expansion for Naver Pay, but synergies still depend on the delayed Naver Financial-Dunamu merger.

Altcoins

Derive jumps after Upbit and Bithumb listings open trading in South Korea

Upbit and Bithumb listings send Derive up about 30% Derive (DRV) rose roughly 30% after South Korea’s biggest exchanges, Upbit and Bithumb, listed the token on July 14, lifting it from about $0.12 to as high as $0.18 before it settled near $0.15. Upbit opened trading at 17:00 KST with KRW, BTC and USDT pairs, and the rare dual listing gives the Ethereum-based DeFi derivatives protocol broader liquidity and exposure in one of crypto’s most active markets.