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Toss and Toss Bank said today they signed a strategic memorandum of understanding with Circle to explore potential cooperation on blockchain-based payment infrastructure and stablecoin technology. Under the agreement, the companies will examine collaboration in payment and settlement infrastructure using stablecoins and blockchain technology, according to Yonhap Infomax.

U.S. Senate Republican Leader John Thune said a vote on the CLARITY bill could be pushed as early as next week even without an agreement with Democrats, according to Cointelegraph.

Binance announced it will list POPMART/USDT perpetual futures at 2:30 a.m. UTC today with support for up to 25x leverage.

About 90% of circulating Worldcoin (WLD) is concentrated in just 100 wallets, according to documents Grayscale filed with the U.S. SEC for a WLD ETF. Crypto media outlet Protos said the filing also showed Worldcoin relies heavily on a centralized sequencer, holders of upgrade authority and bridge operators, while the project’s governance token is rarely used in actual decision-making.

Japan may launch its first spot Bitcoin ETF as early as 2028, Nihon Keizai Shimbun reported. After a bill defining cryptocurrencies as financial products was enacted into law on July 15, Japan’s Financial Services Agency is preparing to revise rules related to investment trusts. Major asset managers are now reviewing ETF launches, and some projections suggest Japanese Bitcoin ETFs could attract as much as 3 trillion yen ($20.3 billion) by March 2029, the end of fiscal 2028.

BitMEX co-founder Arthur Hayes bought another 644.34 ETH worth $1.25 million eight hours ago, according to Lookonchain. Over the past eight days, Hayes has purchased a total of 3,270 ETH worth $6.27 million.

The National Business Pension Fund Association, which covers 1,200 small and mid-sized Japanese companies, will invest in a cryptocurrency fund managed by a major overseas hedge fund, Nihon Keizai Shimbun reported. Ayu Kikuchi, the fund’s executive officer for investments, cited the asset’s low correlation with U.S. dollar price movements as the reason for the decision. Of the fund’s 21.5 billion yen ($194 million) in assets under management, 15% is held in dollar-denominated assets. It plans to initially allocate 1% of assets for diversification without significantly reducing its dollar exposure. The investment decision came after revisions to Japan’s Financial Instruments and Exchange Act were enacted on July 15.

BSquared Network is estimated to have been hacked on BNB Chain, with losses of $3.86 million, according to on-chain analyst Specter. Specter said the hacker stole 8.591 million B2 tokens worth $3.86 million, swapped them for 5,409 WBNB worth about $3.11 million, bridged the funds into ETH, and is now moving them into Zcash.

Crypto payments platform Wirex is shifting its business to stablecoin banking-as-a-service, Forbes reported. Wirex plans to provide corporate clients with financial infrastructure including stablecoin cards, bank accounts and cashback services.

Kakao Group said today it signed a strategic memorandum of understanding with Circle Internet Group (CRCL) to cooperate in digital asset technology. According to The Asia Business Daily, the two sides will explore ways to combine Kakao Group’s digital platform and financial services ecosystem with Circle’s experience in developing digital asset infrastructure, including blockchain and global payment systems. Kakao Pay said it has begun its first move to proactively prepare a Korean-style digital asset ecosystem with a global digital asset infrastructure company.

An anonymous whale address beginning with 0x8c58, which had been dormant for three months, bought 27,000 ETH through Galaxy Digital in an over-the-counter transaction about four hours ago, according to Lookonchain. The purchase was worth $52.03 million.

CoinMarketCap’s altcoin season index stood at 50, down two points from yesterday. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. The opposite is considered Bitcoin season, and a reading closer to 100 indicates a stronger altcoin season.

Samsung Electronics has unveiled plans to support stablecoins on Samsung Wallet, its app-based wallet platform. According to Digital Asset, the company outlined Samsung Wallet’s future expansion at its Galaxy Unpacked 2026 event and said it will support new forms of digital value, including stablecoins, beyond cash and savings services. The plan is to connect payments, rewards and digital assets in a single platform and expand Samsung Wallet into a core platform for the Galaxy financial ecosystem.

AFX Trade, a protocol built on Arbitrum, was hit by an exploit that stole about $24.15 million in USDC, The Block reported. The Arbitrum team is investigating the incident, and Arbitrum’s native bridge was not compromised.

Tushar Jain, co-founder of crypto-focused investment firm Multicoin Capital, said on X that a recent HYPE unstaking was not intended for selling. Jain said Multicoin unstaked a substantial amount of HYPE yesterday, but not to sell it, adding that the firm’s funds are constantly tracked, forcing it to rotate wallets regularly. Jain said institutions need privacy to operate, and said that is also why the firm holds long positions in ZAMA and ZEC. Jain described ZAMA as enabling privacy DeFi and ZEC as a leading privacy-based store-of-value chain. Earlier, on-chain analyst EmberCN said an address believed to be linked to Multicoin had shown signs of selling 607,000 HYPE worth $37 million.

Mizuho said that if the CLARITY Act, a U.S. crypto market structure bill, takes effect, institutional competition in the stablecoin market could expand and weaken the profitability of Circle's USDC. According to The Block, Mizuho said that if the CLARITY Act removes regulatory uncertainty, more stablecoin products could emerge and take revenue from Circle. Mizuho added that Open USD, backed by about 140 companies including Visa, Mastercard, Stripe, BlackRock and Coinbase, could be more competitive than Circle because it distributes most reserve-management income to distributors, while Circle retains only about 38% of reserve income. It also said that because Coinbase, the largest distributor of USDC, supports Open USD, it could move as early as next month to renegotiate its revenue-sharing agreement with Circle and gain the upper hand.

BNY Mellon plans to introduce tokenized U.S. Treasuries on its private blockchain and conduct pilot trading by the end of this year, Bloomberg reported. The bank is also working to build market infrastructure for 24-hour settlement of U.S. Treasuries. It has set a goal of supporting 24-hour settlement services for both conventional Treasuries and Treasury tokens in 2027.

Patrick Witt, executive director of the White House crypto council, said Democratic criticism of the CLARITY bill’s ethics provisions amounts to two political arguments. Witt said claims that the ethics provisions are meaningless without enforcement authority for state attorneys general amount to rejecting the broader framework of current federal ethics law. Witt added that arguments saying the provisions are flawed because they cannot punish President Donald Trump for past cryptocurrency activity would require a measure that violates the U.S. Constitution.

CoinMarketCap’s in-house crypto fear and greed index came in at 40, unchanged from yesterday, indicating continued neutral sentiment. A reading closer to zero signals extreme fear in the market, while a reading closer to 100 points to extreme optimism. According to CoinMarketCap, the index is calculated based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. The yellow line represents orders from $100 to $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

Crypto neobank Revolut is pursuing a secondary share sale for employees that values the company at $115 billion, Bloomberg reported. That is about 53% higher than the $75 billion valuation recognized in a similar transaction last year. According to an internal notice sent to employees, the share price for the transaction was set at $2,017.

U.S. Sen. Cynthia Lummis said the CLARITY Act’s ethics provisions and anti-money laundering-related language could be revised after further discussions. According to CoinDesk, Lummis said the release of a consolidated draft marked important progress toward passage and that the plan is to reflect input from the industry and other stakeholders. Lummis added a proposal allowing state attorneys general to file criminal and civil suits over violations of ethics provisions had been a red line that Republicans and the White House could not accept. New additions include provisions addressing crypto ATM fraud and safe-harbor language allowing the freezing of assets tied to suspicious transactions. U.S. Republicans announced a revised CLARITY Act draft today.

Fairshake, a Super PAC backed by the U.S. crypto industry, spent about $1 million in Michigan’s Democratic primary, Cointelegraph reported. The PAC ran ads supporting incumbent Rep. Shri Thanedar and criticizing challenger Donavan McKinney. Thanedar voted in favor of major crypto bills in the House, including the CLARITY Act and the GENIUS Act.

Key Democratic negotiators in the U.S. Senate said the latest draft of the Clarity Act released by Republicans needs revisions, according to CoinDesk. In a joint statement, senators including Angela Alsobrooks and Cory Booker said the draft falls short on key provisions covering ethics and consumer protection, and argued it should be strengthened on anti-money laundering, conflict-of-interest safeguards and market integrity. They also said they will continue negotiations with Republicans to advance the bill. Because the Clarity Act needs 60 votes to pass the Senate, Democratic support is essential. Republicans earlier that day released a revised version of the bill that included a ban preventing federal officials, including President Donald Trump, from issuing or sponsoring cryptocurrencies.

Former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo sees the CLARITY bill as having less than a 50% chance of passing, Crypto in America host Eleanor Terrett said on X. Giancarlo added that even if the bill does not pass, cryptocurrency innovation will continue under the regulatory framework now being put in place by the U.S. SEC and CFTC, and that even a future administration hostile to crypto would not easily reverse the institutional progress made over the next two years.