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Today · 2026-08-26 · Wed

The Hyperliquid whale, which made $3.5 million out of 16, probably sold $13.69 million

On 10 July, according to the chain analyst @ai 9684xtpa monitoring, Hyperliquid whale, which had been empty for about $3.5 million, was suspected to sell $13.69 million. The address was 0x410.75d081 hours ago, 7863 ETHs were proposed from Spark and were subsequently fully loaded into Binance, suspected of being sold; a week ago he also transferred 6860 ETHs, approximately $10.8 million, to the exchange。

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Polymarket seeks to provide a legal bond in the United States

On 10 July, Polymarket, according to Bloomberg, was seeking regulatory approval to legally provide a bond in the United States. If approved, the user will be able to pledge the results of the event with fewer upfront funds and will also help the forecast market platform attract more mature traders. According to reports, according to documents submitted to the National Futures Association of the United States on 3 July, Polymarket has applied for registration as a commission (FCM) through its associated company Coming Home GBALLC. In addition, Polymarket would need to obtain approval from the United States Commodity Futures Trading Commission to modify its rulebook to allow for non-full collateral transactions。

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Paul Grewal, Chief Legal Officer of Coinbase, will be retiring and transferred to the position of Adviser

On 10 July, Chief Legal Officer Paul Grewal of Coinbase wrote that he would leave the company after six years of Coinbase ' s term of office and would be a consultant at the end of the month, while continuing to serve on the Board of Directors of the Coinbase National Trust Company. Paul Grewal stated that during his term of office he had been involved in facilitating the listing of Coinbase, litigation and victory with the US SEC, promoting the relocation of the company from Delaware to Texas, and promoting the legalization of GENIUS Act and the upcoming CLARITY Act. According to Paul Grewal, Molly Abraham will succeed Coinbase as the new General Counsel in charge of corporate law. It indicated that Molly had been involved with him for more than five years in important legal battles in Coinbase and was a suitable successor leader. In addition, Ryan Van Grack will serve as Vice-Chair of the Board, working with global governments and partners to promote the key opportunities of Coinbase and to achieve beneficial results for clients and industries. Faryar Shirzad will continue to lead the Coinbase global policy team。

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Bitwise: Bitcoin is rising at the bottom of every cycle, and institutional investors are buying low

On 10 July, Juan Leon, a senior investment strategist in Bitwise, stated that the city of Bitcoin Bear was currently fundamentally different from previous cycles, that institutional adoption was increasing, and that the market was affected by the AI boom, macro-uncertainties and delays in United States encryption legislation. Bitwise ' s institutional clients are broadly divided into two categories: the investors that have been allocated bitcoin over the past two years, considering the current round ' s fall as a rebalancing and investment opportunity, while the other part of the large fund is still awaiting a clearer regulatory framework. He said: “In 2022, clients asked if the encrypted currency would survive; in 2026, they asked about entry points and the size of the warehouse. This is a completely different dialogue. According to Leon, the current decline is the “structurally mildest bear town” since Bitcoin’s record, and is now about 50 per cent at a higher point, down from 78 per cent in 2022 and 84 per cent in 2018. He indicated that bitcoin was rising at the bottom of each cycle, reflecting the maturity of the asset and the shift of marginal holders from bulk speculators to professional asset configurors. However, Leon also acknowledges that bitcoin may still go down further, as the Bear City usually lasted between 12 and 13 months in the past, compared to the current round of about 8 months. He noted that some of the traditional bottom-up signals had begun to appear, including oversold kinetic energy indicators, the loss of about half of the Bitcoin holders, the re-emergence of long-term holders, and a record outflow of spot Bitcoin ETF in June. The current problem with the encryption market comes more from the macro level than from the fundamentals. Leon also stated that the AI boom attracted billions of dollars that could have gone into the encryption market. Since April, storage chips ETF have attracted about $12 billion in inflows, while spot bitcoin ETF outflows exceeded $4 billion. As AI capital expenditure is expected to be digested by the market, relative valuations shrink, the configuration may re-search assets that fall at a higher point by 50 per cent and that are substantially improved. At the same time, it is argued that AI and encryption will gradually move towards complementarity and that the intelligent AI may rely on programmable currency, inter-machine payments and stable currency tracks。

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The whale of a certain coin moved 3 million pieces of its life into a single coin three hours earlier

On July 10th, the chain analyst's after-effects monitoring took coin-Ann's life 5,000 times earlier + diamond-hand whale, and three hours ago today it continued to transfer 3 million coins (2.09 million dollars) into the coin-Anne for profit. Looks like he's going to clean it all up. He sold 7 million yesterday and 3 million today. He has now sold 13.5 million cash bags of $9.42 million, with 5 million left on the chain ($3.41 million), out of a total of 2,480 dollars。

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Municipal bonds with bitcoin as collateral were not approved by New Hampshire

On 10 July, the New Hampshire State Administrative Council voted against a proposal that would have planned to introduce the world ' s first municipal bond, with only bitcoin to support assets, into the municipal bond market. The bond was to be sold through the “Private Placement”, but the programme was not approved by the cantonal administrative committee on Wednesday, so the agency responsible for issuing the bond could not move forward. The New Hampshire Business Finance Association proposal for a $100 million taxable municipal bond was not adopted, according to the results of the voting published by the State Administration Network。

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Hyperliquid and Phantom jointly recommend that CFTC update DeFi regulations

On 10 July, Hyperliquid submitted a joint submission with the non-hosting wallet Phantom to the United States Commodity Futures Trading Commission (CFTC) calling for an update of the regulatory rules for chain-based trading infrastructure. It was considered that the existing CFTC rules were designed for a traditional financial system that relied on centralized intermediaries and did not apply to DeFi, and it was suggested that it should be made clear that the development chain trading protocol software did not need to be registered as an exchange or a clearing house, and that the non-trust wallet front end did not need to be registered as an introduction broker, while allowing the regulated agency to use block chains for trading and clearing operations. Previously, in June, CFTC and the US SEC had jointly published a consultation draft for industry on regulatory rules affecting financial innovation。

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In the Prime Minister's view, "No more Iranian nuclear support is allowed"

On 10 July, Israeli Prime Minister Netanyahu local time 9 stated that Israel “does not allow” Iran to acquire nuclear weapons, regardless of whether the United States and Iran reached an agreement. At the same time, Israel plans to increase its defence budget over the next 10 years, focusing on the development of the air force and indigenous military industries. He announced that an additional NIS 350 billion (approximately $117.7 billion) would be added to the defence budget over the next 10 years, a significant portion of which would be spent on air force construction, while developing indigenous military industries to reduce reliance on overseas procurement. (In Russian)

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Federal Reserve Chairman Walsh formed a team of external experts to review the monetary policy framework

On 10 July, Federal Reserve Chairman Kevin Walsh formed five working groups to conduct a comprehensive review of the Federal Reserve ' s monetary policy operational mechanisms, covering such areas as balance sheet management, policy tools and the impact of artificial intelligence. The Fed indicated that the working groups would operate independently, conduct fact-based research and submit the results of a rigorous analysis to the Federal Open Market Commission. The working group will assess whether there is room for improvement in policy tools, analytical methods and policy frameworks. The team included several eminent economists and former central bank officials. Among them, Raj Chetti, the economist at Harvard University, will be involved in leading the data working group, Mark Anderson, a science and technology investor, will be responsible for the productivity and employment working group, and Greg Manquin, former Chairman of the White House Economic Advisory Committee, will co-lead the inflation working group. Walsh stated that the United States economy had changed dramatically over the past generation, that the transition was now faster and that the Fed needed to ensure that it was in the best position to achieve the twin goals of price stabilization and employment promotion。

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Immunefi: The number of hacking incidents in the encryption industry was high in the first half of 2026, with a loss of approximately $972 million Dollar

On 10 July, the Immunefi report showed that the encryption project had accumulated losses of approximately $972 million in the first half of 2026 as a result of 207 hacker attacks. Although the number of attacks had reached an all-time high, the total loss remained below $1 billion and less than half the scale of the damage in the first half of 2025. The report states that the loss from attacks in the DeFi area has fallen by 74 per cent from the peak of US$ 26.62 billion in 2022 to about US$ 680.3 million, and by 75 per cent over the same period in the medium to single losses. Immunefi argues that this decline is related to continued security coverage, the leakage reward scheme, the audit competition and the early detection of loopholes by more researchers. In addition, the source of risk is shifting from simple smart contracting loopholes to infrastructure failures, private key leaks, cross-chain configuration errors and privileged access to weak points。

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Graysdale CFO Edward McGee separated after seven years in service

On 10 July, Grayscale CFO Edward McGee left the company after seven years of service, and Grayscale appointed Kathryn Masci and Daniel Plourde as interim joint chief finance officers. McGee was the second executive to leave Grayscale in recent weeks, after John Hoffman, Managing Director and Head of Distribution and Cooperation, had left and joined Ondo Finance. Grayscale, the management of the GTTC Bitcoin ETF, has postponed the IPO programme in the United States due to market conditions。

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