The U.S. Securities and Exchange Commission formally dropped its lawsuit against Ripple in 2025, ending a years-long dispute over whether XRP is a security. In the same period, spot XRP ETFs were approved in the United States and began trading. XRP rose to $3.66, a seven-year high. The developments are seen as removing a longstanding legal overhang and providing institutions with a compliant way to gain exposure.

Balance Coin (BLC), a newly launched Bitcoin-collateralized stablecoin designed to hold a $1 peg, was hit by an oracle attack after an attacker submitted a falsely low BTC price. The manipulated price triggered liquidations across vaults, allowing the attacker to seize the BTC collateral and cash out about $912,000. BLC fell more than 99%, bottoming at $0.00075 and leaving its market value at about $2,570.

On 2026-07-23, Bitcoin and crypto industry stakeholders are set to meet with U.S. Republican leadership for an update on the Clarity Act text. The bill aims to clarify regulatory boundaries on whether digital assets are treated as securities or commodities, marking a key legislative development at the congressional level. The legislation has not yet advanced to a vote, and the meeting is described as a closed-door policy discussion with no full text publicly released, according to Eleanor Terrett.

TrueCurrent, a decentralized derivatives platform, said it has launched a mobile app that integrates markets spanning cryptocurrencies such as Solana and Bitcoin, commodities including gold and oil, and U.S. equities including AI and tech shares. The platform says it runs fully on-chain with self-custody, requires no KYC, and keeps users in control of their private keys. It uses USDC as the unified margin and pricing unit across assets, and says it covers both trading fees and gas costs. The project says on-chain trading activity now may be used as the basis for future airdrop allocations for early users who connect wallets and trade at zero cost.

A technical bulletin said an agent runtime tied to a crypto asset (Token A) was hijacked via a malicious dependency package that attempted to transfer out an entire wallet balance. The agent itself did not detect anything abnormal. The user’s Ledger hardware signer independently decoded the transaction and displayed the real recipient address and amount, prompting the user to reject the signature. No funds were moved.

The U.S. CLARITY Act has passed, clarifying Bitcoin (BTC) and Ethereum (ETH) as digital commodities at the federal level and aiming to move them away from securities classification over the long term. The legislation would allow U.S. banks, brokerages, payment firms, funds and companies to hold BTC/ETH directly and use them for staking, settlement and DeFi integration without relying on ETFs or other intermediaries. The text argues that while ETFs mainly create relatively static allocation demand, the act could generate reusable balance-sheet demand tied to real business activity. It adds that the shift represents a systemic policy catalyst with an impact comparable to the approval of spot BTC and ETH ETFs.

An onchain slots protocol said it has integrated native Solana deposit and withdrawal functionality, allowing users to deposit and withdraw directly in SOL without using a cross-chain bridge or wrapped tokens. The upgrade applies to its fully onchain Slots game module. The protocol said the change lowers the barrier to participation and transaction costs while improving fund transfer efficiency and the onchain interaction experience. It also positions SOL more directly as a payment asset in DeFi-plus-gaming use cases within the Solana ecosystem.

A cryptocurrency trading platform said it detected an unauthorized $98,000 withdrawal from an ephemeral instance. The platform paused all trading, deposits and withdrawals as a precaution while it conducts an investigation expected to last several hours. It said user funds remain SAFU and that the platform will cover the loss so users are not affected. The incident did not involve the mainnet or a hot wallet, but the service halt disrupts immediate token liquidity and order execution across the platform.