CoinDCX Launches White-hat Recovery Bounty after $44M Hack

Indian cryptocurrency exchange CoinDXC announced a recovery effort after falling victim to a $44 million exploit on Friday, with the firm pledging a bounty for ethical hackers who help retrieve the stolen funds. CoinDXC’s internal accounts used for “liquidity provision” were exploited on Friday, leading to $44 million worth of cryptocurrency being stolen, while user funds remained unaffected. In an effort to recover the stolen funds, CoinDCX CEO Sumit Gupta announced a new recovery bounty program that offers white hat hackers up to 25% of any recovered funds they can…

Chinese blockchain Conflux launches offshore yuan stablecoin

Chinese blockchain Conflux announced the third version of its public network and introduced a new stablecoin backed by the offshore Chinese yuan. According to a report from the Shanghai municipal government on Sunday, Conflux announced the developments during a three-day conference held over the weekend. At the event, Conflux unveiled a partnership with fintech firm AnchorX and information technology security firm Eastcompeace to support the launch of an offshore yuan-backed stablecoin. The news follows AnchorX receiving in-principle approval for its yuan-pegged stablecoin AxCNH by Kazakhstan’s regulator, the Astana Financial Services…

KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities for the World’s Most Extensive Crypto User Base

VICTORIA, Seychelles, July 18, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, officially announced the listing of xStocks and its joining of the xStocks alliance. xStocks are tokenized stocks powered by Swiss-based company Backed. This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities. The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain. Capturing a Dual-Cycle…

RGB Protocol Launches on Bitcoin With Tokenized Asset Support

Smart contract and asset issuance system RGB Protocol said it had launched on the Bitcoin mainnet, enabling tokenized assets like stablecoins, non-fungible tokens (NFTs) and custom tokens within the Bitcoin ecosystem.  On Thursday, the protocol announced that tokenization tools allowing users to create, send and manage digital assets on Bitcoin and the Lightning Network were available.  The protocol said it enables new tokenization functions on top of the network, while preserving its principles of decentralization, privacy and self-custody.  RGB uses client-side validation, which means that asset data is processed and…

Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings

Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data […] Original

PayPal’s PYUSD Stablecoin Launches on Arbitrum Network with $100K Weekly Limits

Key Notes PYUSD becomes available on Arbitrum with $100,000 weekly purchase limits and $25,000 weekly send restrictions. Arbitrum’s token price surged over 10% following the integration announcement across social media platforms. The L2 expansion supports PayPal’s 2025 strategy to integrate PYUSD with 20 million small businesses globally. A July 15 update to PayPal’s cryptocurrency terms and conditions shows that PYUSD is now supported on the Arbitrum network alongside its previous availability on the Ethereum and Solana blockchain networks. The update indicates that transfers will be lower-end capped to a minimum…

Sui Launches SuiHub Lagos to Boost Blockchain Innovation in Africa

Felix Pinkston Jul 15, 2025 16:22 Sui has inaugurated SuiHub Lagos, a new community-led space aimed at fostering blockchain innovation in Africa’s burgeoning tech market. Sui has announced the opening of SuiHub Lagos, a new community-led hub designed to invigorate the blockchain and developer ecosystem in West Africa, according to the Sui Foundation. This initiative marks the fourth physical hub in Sui’s expanding global network, succeeding previous openings in Dubai, Vietnam, and Athens. Empowering Africa’s Developer Ecosystem Lagos, Nigeria’s bustling tech capital,…