🟠 Bitcoin hovers near $64,000 as ETF outflows hit $225M
Bitcoin traded around $63,800 over the past 24 hours, oscillating near the $64,000 mark after touching a low of $63,700. The sideways price action follows $225 million in net outflows from spot Bitcoin ETFs, which has weighed on market sentiment.
The Crypto Fear & Greed Index sits at 27, firmly in fear territory, reflecting broader caution among market participants.
💵 Stablecoin volumes surge 4–5x as supply doubles since 2024
Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional — creating a widening gap between onchain dollar liquidity and the activity that liquidity supports.
The data highlights a structural shift: stablecoin networks are settling transactions around the clock, including weekends when traditional banking infrastructure is offline, at speeds Coinbase describes as roughly 8x faster than U.S. cash settlement rails. Total stablecoin market capitalization is approaching $1 trillion, reflecting the scale of dollar liquidity now held onchain.
The divergence between supply growth and volume growth suggests increasing velocity of stablecoin usage rather than passive accumulation — a signal that onchain dollar activity is deepening beyond simple reserve holding.
🔐 Triple-A Payment Gateway Loses $9.7M in Hot Wallet Exploit
Triple-A, a global fiat-to-crypto payment gateway, has suffered a multimillion-dollar exploit with attackers draining its hot wallets across four blockchains.
Blockchain security firm PeckShield confirmed over $9.7M was stolen from wallets on Ethereum, Solana, TRON, and TON. On-chain analyst Specter first flagged the suspicious transactions. The attacker subsequently swapped the drained assets and consolidated the proceeds on Ethereum — a common obfuscation technique following multi-chain exploits.
Triple-A operates as a licensed crypto payment infrastructure provider. The incident adds to a growing pattern of hot wallet compromises targeting payment-layer infrastructure across multiple networks simultaneously.
🟠 Bitcoin faces 3.55M BTC supply wall near $68,000
Bitcoin has rebounded roughly 10% in July, climbing from lows near $58,000 to around $63,955, but price momentum is stalling as it approaches the $68,000 level.
On-chain data shows 3.55 million BTC are nearing their holders' cost basis around that price — a concentration large enough to create significant selling pressure. As these coins approach breakeven, holders are more likely to sell, forming a supply wall that is offsetting continued spot Bitcoin ETF demand.
🔐 North Korea arrests state hackers for stealing regime funds
North Korean authorities have reportedly arrested a group of elite state-trained hackers accused of stealing from the regime's own banks and laundering the proceeds through cryptocurrency.
The case is notable in that the targets were domestic — North Korean state institutions rather than foreign exchanges or protocols. The hackers allegedly used crypto to launder the stolen funds, a method typically associated with DPRK-linked groups targeting overseas financial infrastructure.
No further details on the scale of the theft, the specific cryptocurrencies used, or the current legal status of those arrested have been reported.
Samsung announced native stablecoin support for its Samsung Wallet app at the 2026 Galaxy Unpacked event, alongside the launch of its new Samsung Galaxy Card.
The company described the wallet as "the foundation of a connected financial ecosystem" with the new integration, marking a significant push by a major consumer electronics brand into crypto-native financial infrastructure.
No further details on supported stablecoins, networks, or rollout timeline were included in the announcement.
🟠 Nine Major Firms Launch $15M Bitcoin Security Consortium
BlackRock, Coinbase, Strategy, Fidelity Digital Assets, Anchorage Digital, ARK Invest, Block, Blockstream, and Galaxy have formed the Bitcoin Security Consortium, pledging $15 million over three years to fund open-source developers and advance quantum-resistant security research for the Bitcoin network.
Announced July 23, the consortium will direct funding independently, with members taking no role in Bitcoin governance or protocol decisions. Research priorities include post-quantum cryptography and long-term network resilience against potential future quantum-computing threats.
The initiative reflects growing institutional concern over quantum computing's long-term risk to Bitcoin's cryptographic foundations, with participants spanning Wall Street asset managers, crypto exchanges, and infrastructure providers.