The crypto world moves fast—sometimes too fast to keep up. One minute there’s a new coin trending, the next there’s a major update shaking the market. That’s where we come in. Each week, StealthEX teams up with CryptoDaily to break down the biggest stories in a way that’s easy to follow. No complicated terms, no endless scroll—just the key updates that actually matter. Whether you’re new to crypto or deep in the game, this quick recap will keep you informed without the overwhelm. So, let’s dive in and see what’s been happening.
A bold step forward in DeFi just launched with Credefi joining forces with Brickken. Together, they’re bringing real-world assets onto the blockchain in a simple, peer-to-peer system. No banks. No middlemen.
Now, anyone can lend or borrow USDC using real assets, like tokenized equity, as collateral. It’s live, not a test. Borrowers can set their own terms—amount, duration, interest rate—and lock in Brickken assets to get funded. If the offer gets accepted, USDC lands in the wallet. Repayment is flexible, with daily interest.
Lenders are just as empowered. They can create offers, choose which tokens they’ll accept as collateral, and let borrowers come to them. If the loan activates, it starts generating yield right away. No permissions, no custody risks. Offers can be changed or canceled at any point before activation. If collateral value drops too far, automatic liquidation kicks in to protect lenders.
To push things forward, Credefi and Brickken are funding a $2,500 reward pool. Users who stake in the Brickken marketing pool over 30 days get early access to real returns. The longer-term goal is even bigger—making Brickken assets fully usable as loan collateral. This isn’t theory. It’s working now. And it’s just getting started.
Hyperliquid, a decentralized futures exchange, left traders frozen during a key market moment. For 27 minutes on July 29, users couldn’t log in, trade, or close positions. The problem came from a backend API crash. While the blockchain kept running, user access was completely cut off.
During the outage, many reported being stuck in live trades. Stop-loss tools failed. Access through both desktop and mobile was gone. Some speculated it wasn’t just a glitch. Unusual funding rate spikes moments before the freeze raised eyebrows. Was it a system flaw—or something more?
One high-profile victim was trader James Wynn. His long position in meme coin PEPE was exposed during the downtime. Part of his holdings got liquidated, racking up over $63,000 in unrealized losses. Strangely, the liquidation engine still functioned while users remained locked out.
The Hyperchain infrastructure never stopped producing blocks. But with no way to act, traders were helpless. Open positions couldn’t be adjusted. Risk couldn’t be managed. And with no clear update from the Hyperliquid team, anxiety grew fast.
After the incident, the platform’s native token HYPE dropped by more than 2%. Since HYPE trades only on Hyperliquid, many were stuck with no exit. Trust has taken a hit.
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Coinbase is about to shake up trading again. The U.S.-based exchange plans to launch tokenized stocks, prediction markets, and more for American users. The goal? Create a one-stop platform where crypto meets traditional finance.
Soon, users will be able to trade shares, bet on outcomes, and join early-stage token sales—all on-chain. Coinbase says this will offer faster access, fewer middlemen, and broader reach. It’s a major shift. And it’s coming at a time when U.S. rules are finally opening up to crypto innovation.
Max Branzburg, Coinbase’s VP of Product, says the company wants to “bring everything on-chain.” That includes equities and derivatives—things you’d usually trade on Wall Street.
This move comes as other platforms like Kraken offer similar services outside the U.S. But Coinbase sees an edge in launching domestically. New federal initiatives like Project Crypto and the GENIUS Act are making that possible.
At the same time, Coinbase reported Q2 earnings. Revenue fell short of estimates, but the company added over 2,500 BTC to its reserves. That’s more than Tesla holds.
Coinbase’s move puts pressure on rivals like Robinhood, which just posted a strong Q2. But with tokenized stocks and a growing crypto footprint, Coinbase aims to dominate both worlds.
A fake job scam has triggered one of India’s largest crypto thefts. Bengaluru police arrested Rahul Agarwal, a CoinDCX employee, for unknowingly helping hackers steal $44.2 million from the exchange.
Agarwal had worked at CoinDCX for over three years. He was approached online with promises of extra income for simple tasks like writing reviews. Eventually, the scammers convinced him to use his company-issued laptop to complete assignments. That’s when things went wrong.
Using access from Agarwal’s device, attackers breached an internal wallet system on July 19. It was a wallet used for providing liquidity on external exchanges. From there, large amounts of Solana and Tether were drained via the Jupiter aggregator on the Solana network.
Police say Agarwal’s account privileges allowed the breach to happen. His work laptop has been seized, and investigators are monitoring wallets that received the stolen funds. There’s also suspicion of foreign involvement, but no group has claimed responsibility yet.
CoinDCX insists no customer funds were touched. Losses came from the company’s reserves. Still, to help recover the crypto, the exchange has launched an $11 million bounty program aimed at white-hat hackers and security experts.
CoinDCX says it’s not for sale. Despite swirling reports, the Indian crypto exchange has denied talks with Coinbase over a potential acquisition. The denial comes shortly after CoinDCX confirmed a major hack that drained $44 million from its internal wallet.
CEO Sumit Gupta took to X to shut down the rumors, writing simply, “Ignore the rumours.” A report from Mint had claimed that Coinbase was eyeing a $1 billion deal to acquire the exchange—less than half its 2022 valuation.
The article also suggested Coinbase had already invested in CoinDCX and its rival CoinSwitch. But CoinDCX’s leadership quickly pushed back. Co-founders Mridul Gupta and Neeraj Khandelwal echoed Sumit’s statement. They say the company remains focused on the Indian market.
The timing is no coincidence. CoinDCX is still dealing with the fallout from a cyberattack that hit its liquidity systems on July 18. Hackers used an internal wallet linked to another exchange to siphon off millions in assets. However, user funds were untouched.
To track down the stolen crypto, CoinDCX has launched an $11 million bounty for white-hat hackers and researchers. Despite the breach, the exchange says its operations are stable, and customer funds are safe. CoinDCX isn’t folding—it’s fighting back.
PayPal is making a big move into crypto payments. U.S. businesses can now accept over 100 different cryptocurrencies through a new service called “Pay with Crypto.” The feature is designed to cut international fees and connect merchants to the global crypto market.
With this update, crypto payments are instantly converted into fiat or stablecoins. Sellers get paid fast, without worrying about market swings. Supported wallets include Binance, Coinbase, MetaMask, Kraken, and Phantom, among others.
Transaction fees are low—just 0.99%. That’s a fraction of what credit card companies charge, especially for international deals. Businesses can also choose to keep payments in PayPal’s stablecoin, PYUSD. Funds held there earn 4% interest.
The service helps small and large businesses alike. It also allows U.S. merchants to pay international freelancers and vendors using stablecoins. This means faster payments, fewer delays, and lower costs.
PayPal CEO Alex Chriss says the goal is to eliminate barriers for global growth. He believes every business should be able to operate internationally without facing complex banking rules or high fees.
To boost adoption, PayPal has partnered with Fiserv. Together, they aim to bring stablecoin use into everyday transactions across the globe. The shift toward crypto commerce is picking up speed.
Interactive Brokers may soon enter the stablecoin race. The global brokerage giant is exploring a plan to launch its own stablecoin while also working on 24/7 digital asset funding for customers.
Founder Thomas Peterffy confirmed the interest during a recent interview. While no final decision has been made, the firm is reviewing potential models for issuing and managing a stablecoin. It could also allow deposits from other stablecoin providers, depending on their credibility.
This move would deepen the company’s growing presence in crypto. Interactive Brokers already offers digital asset trading through partners like Paxos and Zero Hash. Now, it wants to make moving money into accounts as seamless as trading itself.
Round-the-clock funding would let users bypass traditional banking hours. Assets could be transferred instantly—day or night. That’s a major plus for traders and institutions looking for flexibility.
The timing is key. In 2025, stablecoins are gaining serious ground. A new law called the GENIUS Act now provides federal rules for stablecoin issuance in the U.S. That clarity is fueling broader adoption.
Still, Peterffy remains cautious. He’s open to stablecoins but unsure about their long-term value. Even so, with nearly 4 million accounts and fast-growing demand, Interactive Brokers may not stay on the sidelines much longer.
A new ETF proposal could make Solana even more appealing to big investors. Invesco and Galaxy Digital have teamed up to launch a first-of-its-kind Solana ETF in the U.S.—with staking rewards built in.
The filing, submitted by Cboe BZX Exchange to the SEC, aims to offer direct exposure to Solana (SOL). But this isn’t just another crypto fund. It includes a feature that would stake a portion of the SOL held by the ETF, giving investors a yield on top of price gains.
If approved, it would be the first U.S. ETF to pay out staking rewards as part of its structure. These rewards would count as income for the trust and be reflected in investor returns. That’s a game-changer for those looking beyond simple asset appreciation.
The ETF will track Solana prices using the Lukka Prime Solana Reference Rate, updated every 15 seconds. This index pulls data from major exchanges like Binance, Kraken, OKX, and Coinbase to provide a well-rounded market price.
Solana’s deep liquidity—over $2.7 billion traded daily—was highlighted as a strength. It helps reduce price manipulation risk, which has hurt other ETF proposals in the past.
A second filing for a staked Injective ETF shows growing demand for Layer 1 exposure. Institutions want more than Bitcoin now.
A top crypto advocacy group is pushing back against a proposed law aimed at regulating DeFi. The DeFi Education Fund, backed by major players like a16z Crypto, Uniswap Labs, and Paradigm, has urged the U.S. Senate Banking Committee to rewrite its draft crypto bill.
Their main concern? The bill treats developers like middlemen. The group says tech creators shouldn’t face the same rules as financial institutions. They also want strong legal protection for self-custody—so users can control their own assets without interference.
The Responsible Financial Innovation Act of 2025, as written, could hurt innovation, the group claims. They argue the U.S. needs tech-neutral laws that let decentralized tools grow. They want to fight illicit finance, yes—but not at the cost of privacy or progress.
The Fund also called on the Senate to revise outdated FinCEN guidelines, especially after the high-profile case of Tornado Cash developer Roman Storm. They warned that without federal rules, big banks might weaponize state laws to crush DeFi competition.
Meanwhile, a16z submitted its own letter criticizing how the bill defines “ancillary assets.” They say it opens dangerous loopholes and goes against existing securities law.
Lawmakers say they’re listening. But pressure from the crypto world is only growing louder.
The White House has unveiled a detailed plan to lead the world in crypto regulation and innovation. The 168-page report comes from President Trump’s Executive Order 14178, signed in January, and marks a massive policy shift.
Once a skeptic, Trump now sees digital assets as a key economic pillar. His Working Group on Digital Asset Markets includes top officials like Treasury Secretary Scott Bessent and SEC Chair Paul Atkins. Their job? Turn the U.S. into a global crypto leader.
The report pushes Congress to give the Commodity Futures Trading Commission full authority over digital asset spot markets. It also supports the CLARITY Act and calls for legal “safe zones” for DeFi innovation.
Banking rules are also in focus. The plan calls for clear guidance on crypto custody, stablecoin rules, and capital requirements based on real risk—not fear of new tech. It also backs a ban on CBDCs through the Anti-CBDC Surveillance State Act.
Tax rules would get an overhaul too. The IRS would treat digital assets as their own category, with updated rules for mining, staking, and small transactions.
Trump’s message is clear: the U.S. must lead the blockchain revolution. The crypto “Golden Age,” he says, is just beginning—and it starts at home.
MEXC has reported a 12% drop in fraud attempts by criminal groups during the second quarter of 2025. The exchange says new AI-powered tools and regional teams played a key role in reducing scams on the platform.
Between April and June, MEXC blocked over 70,000 fraud attempts tied to 8,500 syndicates. That’s a noticeable improvement after the sharp rise seen in early 2025. COO Tracy Jin explained that risk control is not about limiting users, but about protecting them.
South Asia showed the most progress, with a 41% drop in fraud. The region had been a major concern in Q1, where cases had surged by over 1,300%. While attempts still rose 11% this quarter, the pace has clearly slowed. In Southeast Asia, Indonesia saw an 18% increase and Vietnam a 35% rise. The CIS region posted the biggest overall jump at 83%, but even that marked a slowdown from earlier spikes.
MEXC’s AI models now scan user behavior across both blockchain and exchange data. The system blocks unusual activity and flags potential fraud for review. New tools also monitor manipulation tactics like spoofing and wash trading in real time.
To fight misinformation, MEXC will launch a global security education campaign this August, teaching users how risk control works and why it matters.
This article is not supposed to provide financial advice. Digital assets are risky. Be sure to do your own research and consult your financial advisor before investing.
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