Today's Crypto and Bitcoin News
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07-23
Coinbase Expands Singapore Office, Plans 33% Hiring Boost for Tokenization and AI
Coinbase is stepping up its Asia push, expanding its Singapore presence with a new office and a hiring drive that will boost its local team by roughly one-third.
What’s happening
- On July 22 Coinbase opened a new office at One Raffles Quay in Singapore.
- The Nasdaq-listed exchange plans to grow i
Kazakhstan Approves New Crypto Mining Rules to Support State Reserve
Kazakhstan has taken another step toward integrating cryptocurrency into its national economic strategy. The government approved new strategic digital mining rules that connect regulated electricity access with contributions to a state-backed crypto reserve. The framework encourages large mining ope
US Cyber Test Shows Kimi K3 Lags Behind Top American AI Models
The US government put China’s newest AI model through a hacking test. It found that Moonshot AI’s Kimi K3 falls well short of the best American models.The Center for AI Standards and Innovation (CAISI), a US agency, ran the tests with a British partner. The results came just one day after Washington
HBAR Surges 14% Amid Hedera's RWA Development Momentum
HBAR crypto has rallied 14% this week as Hedera Hashgraph is aggressively positioning itself for the tokenization boom. According to Santiment data, the chain now leads in real-world asset (RWA) tokenization development with a 96.9% score. Only Chainlink, Avalanche, and Stellar appeared to rival He
StarkWare CEO Predicts AI Will Disrupt Ad-Based Internet, Boost Crypto Micropayments
The CEO of StarkWare, Eli Ben-Sasson, has predicted that the rise of artificial intelligence will fundamentally disrupt the advertising-based internet economy, paving the way for cryptocurrency micropayments to become a long-term solution for monetizing online content. The comments, reported by Coin
Robinhood CEO's X Account Suspected Compromised in VLAD Token Scam
Robinhood CEO Vlad Tenev’s X account is suspected to have been compromised and used to promote a VLAD token, with the person behind the exploit reportedly gaining between $1.2 million and $1.3 million before the activity was flagged as a scam.KEY POINTSVlad Tenev’s X account is suspected compromised
Bitcoin's Sharpe Ratio Hits -23, Analyst Sees Buying Opportunity
Crypto analyst Ali Martinez said that the sharp decline in Bitcoin’s Sharpe ratio, a risk-return indicator, could signal a favorable period for long-term buying in the spot market.According to data shared by Martinez, Bitcoin’s Sharpe ratio has fallen to minus 23. The Sharpe ratio, which measures th
DeFi Aggregator Odos to Shut Down Operations on July 30
The company behind DeFi aggregator Odos will permanently wind down its operations this month. The protocol’s app is moving to read-only mode on July 27 before shutting down entirely on July 30.In announcing the decision, the team stressed that Odos is a non-custodial platform, meaning users’ assets
Ripple's UBRI Expands to 60+ Academic Partners to Drive Blockchain Innovation
TL;DRRipple’s UBRI has expanded to more than 60 university partners, connecting academic research with funding, technical resources, education, and practical blockchain applications.Researchers are focusing on AI-powered finance, tokenized real-world assets, and post-quantum cryptography, aiming to
NCA Study: U.S. Crypto Industry Could Add $55B by 2026
A new U.S.-focused economic study argues that the domestic crypto sector is already delivering a measurable real-economy footprint—from jobs to consumer spending—estimating that salaries, worker spend and output will contribute $55 billion this year. The analysis was released Wednesday by the Pragma
Zhibao to Sell Shares for $220M in Bitcoin; Buyer May Gain Majority on Board
Odaily Planet Daily reports: Nasdaq-listed digital insurance products company Zhibao Technology has announced the signing of a non-binding term sheet with Joyertech and Information OPC, under which it plans to sell shares via a PIPE financing and receive approximately 3,500 bitcoins as consideration
Hyperliquid (HYPE) Falls Below $60 as $291M Unstaked by Major Funds
Two of crypto’s biggest funds just unstaked about $291 million of Hyperliquid (HYPE) in days. The token fell below $60, and traders feared a wave of selling.Unstaking frees locked tokens for sale. But Multicoin says it is not selling, and on-chain data backs that up.SponsoredSponsoredWhy HYPE Fell B
Grayscale Supports CLARITY Act as Crypto's Key Regulatory Bill Heads for Senate Vote
The Digital Asset Market Clarity Act, better known as the CLARITY Act (H.R. 3633), passed the US House back in July 2025 and cleared the Senate Banking Committee with a 15-9 bipartisan vote on May 14, 2026. As of late July 2026, the bill is positioned for a full Senate vote once bipartisan negotiato
Attack on Saudi Tanker in Red Sea Pushes Oil Prices Above $100 a Barrel
The New York Times reports that a strike on the Saudi-owned tanker Encelia in the Red Sea has pushed oil prices above $100 a barrel. The incident, which occurred on July 23, involved a fire on the vessel and comes amid claims of responsibility from the Houthis, who alleged that two Saudi tankers, in
BitMEX to Cease Trading on Sept. 23, 2026 — Users Advised to Close Positions
BitMEX, one of the earliest and most influential crypto derivatives exchanges, announced it will shut down trading after more than 11 years of operation. Owner and operator HDR Global Trading Limited said a strategic review of the business and the industry prompted the decision, and the platform wil
