Author: James Wilson

A US exchange can list a new prediction market by filing a form saying the contract complies with the law, and start trading the next day. No approval required. Summary Prediction market prices are well calibrated overall: studies of thousands of settled markets find outcomes occurring at close to their implied frequencies, with accuracy that beats individual experts and polls. The best-documented distortion is the favorite-longshot bias: cheap contracts win less often than their prices imply and expensive contracts win slightly more, so buyers of long shots earn systematically negative returns. Capital lock-up is the least discussed distortion: a contract…

POSCO International is testing blockchain-based trade finance with LG CNS and Injective. Summary POSCO is testing tokenized receivables created from real trades between overseas subsidiaries and commercial counterparties. LG CNS and Injective support issuance, transfer, compliance controls and settlement on one shared ledger. POSCO plans production use after testing, but has not disclosed performance data or transaction values. The South Korean trading company has placed receivables from real commercial transactions into a proof-of-concept system that can issue, transfer and settle the claims onchain. The trial uses trade data from POSCO International’s overseas subsidiaries and their counterparties, rather than simulated invoices.…

Garden Finance has temporarily taken its application offline after an attacker compromised the off-chain database of an independent solver, leading to the loss of solver-owned digital assets while leaving protocol contracts and user funds unaffected. Summary Garden Finance temporarily took its app offline after an independent solver’s off chain database was compromised, resulting in the loss of solver owned funds. The protocol said its smart contracts and user funds were not affected because the attack was limited to one solver’s infrastructure. Blockaid estimated the attacker drained about $450,000 in USDT from HTLC contracts across multiple blockchains before the incident was…

Upbit has added Morpho (MORPHO) and Euler (EUL) to its Korean won market, expanding direct KRW trading for two Ethereum-based decentralized lending projects in Korea.  Summary Upbit added MORPHO and EUL KRW pairs, giving traders access to two DeFi lending tokens. Euler’s KRW trading launch moved to 2:00 p.m. KST, two hours later than initially scheduled. EUL gained about 74% before launch, while MORPHO posted a smaller rise and heavier volume. MORPHO/KRW opened on July 25 at 6:00 p.m. KST, while Upbit planned EUL/KRW for July 26. However, Upbit changed Euler’s launch timetable shortly before trading. The exchange moved the…

Uniswap Labs has launched Permissioned Pools on Uniswap v4, adding onchain access checks for regulated assets that cannot trade freely between every wallet.  Summary Permissioned Pools check issuer-managed allowlists before swaps or liquidity actions can proceed through Uniswap v4. Superstate, Securitize, and Dowgo helped build compliant trading infrastructure for tokenized funds, equities, and securities. Regular Uniswap v4 pools remain permissionless, giving developers a separate option for restricted regulated assets. The open-source hook standard lets approved users swap tokenized funds, securities, equities and other restricted assets through automated market maker pools. Uniswap announced the product on July 23, 2026, after working…

North Korea-linked hacking group BlueNoroff is using fake Zoom and Microsoft Teams meetings to profile cryptocurrency users before delivering malware.  Summary BlueNoroff scans browser wallets before deciding which fake meeting targets should receive its malware payload. Hijacked Telegram accounts help attackers contact trusted industry peers and extend the campaign through victims. The phishing kit supports Windows and macOS, stealing browser keys, system data, and Telegram sessions. Cybersecurity firm JUMPSEC said it recovered and analysed source code from an active phishing kit after its operators exposed JavaScript source maps on live infrastructure. The files showed separate Zoom and Teams lures, wallet-scanning…

Wise plans to submit a new application for a U.S. national trust bank charter under the GENIUS Act after the Office of the Comptroller of the Currency rejected its first bid. Summary Wise plans a fresh U.S. charter application under the GENIUS Act after the OCC rejection. The OCC cited weak AML controls, management gaps, and limited national banking experience in denial. William Blair expects Wise to remain rail-agnostic rather than make stablecoins its core business model. The July 21 decision ended the payments company’s effort to create Wise National Trust in Austin, Texas. Wise disclosed the outcome on July…

Binance runs simulated phishing attacks against its employees every month to reduce social engineering risks.  Summary Binance runs monthly phishing simulations to measure employee awareness and identify weak security habits early. Workers who fail receive training, while repeated severe failures can lower ratings and risk dismissal. Recruiter lures and fake conference invitations mirror scams already causing large losses across cryptocurrency firms. Chief security officer Jimmy Su said the exchange’s red team creates fake attacks to test whether staff recognise suspicious messages, links and requests. Employees who fail must complete follow-up training. Repeated failures can also affect performance ratings and may…

Robinhood is reportedly holding talks with Crypto.com about adding the exchange’s event contracts to its prediction markets hub. Summary Robinhood reportedly wants Crypto.com contracts to broaden its prediction market exchange network and product range. Any agreement could deepen Robinhood’s competition with Kalshi while reducing reliance on a single provider. Federal and state regulators remain divided over who controls sports-linked event contracts across the U.S. The proposed arrangement would let Robinhood users trade yes-or-no contracts supplied by Crypto.com, according to people familiar with the discussions cited by The Wall Street Journal. Neither company has announced an agreement, and the report said…

The XRP Ledger added about $2.6 billion in tokenized real-world asset value during the past six months, excluding stablecoins, according to data from RWA.xyz.  Summary XRP Ledger added $2.6 billion in RWA value, ranking second among blockchains over six months. JMWH alone represents $2.23 billion, making tokenized energy XRPL’s largest real-world asset category by value. Most XRPL RWA value is represented, while distributed assets total only about $323 million currently. That placed XRPL second among tracked blockchain networks for net RWA inflows during the period. BNB Chain ranked first with about $3 billion, while Stellar followed XRPL with roughly $2.1…