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EU expands Belarus crypto ban to all MiCA services from Aug 25
Edgen Crypto·Jul 24 2026, 09:01Share to
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[1] EU Widens Belarus Crypto Ownership Ban Under MiCA (https://cointelegraph.com/news/eu-belarus-cry ...)[2] EU widens Belarus ownership ban to all crypto service providers (https://cointelegraph.com/news/eu-belarus-cry ...)[3] 21st package of sanctions: EU hits Russian energy, financial services and crypto hard (https://www.consilium.europa.eu/en/press/pres ...)[4] EU Targets Russian Crypto Platforms in New Sanctions Package (https://www.livebitcoinnews.com/eu-targets-ru ...)[5] EU-Russia Sanctions Expand Crypto Curbs and Bank Restrictions (https://blockonomi.com/eu-russia-sanctions-ex ...)
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Jul 24 2026, 12:29
Odos Protocol shuts down July 30 as DEX aggregator volume falls 98% from peak
Odos Protocol, a multichain decentralized exchange aggregator that processed more than $102 billion in cumulative volume, will permanently shut down on July 30, the company announced July 23. Users must withdraw assets by the deadline or lose access to their funds through the platform's interface. "The Odos DAO is separate from the operating company and will announce its own plans," the team said in a statement on X. The company did not disclose a reason for the closure, nor did it cite an acquirer, insolvency filing, security breach or regulatory order. The shutdown caps a steep decline in activity. Odos's monthly DEX aggregator volume fell to $169 million in July 2026 from a peak of $7.8 billion in December 2024, a 98% drop, according to DefiLlama data. The protocol generated $2.72 million in annualized revenue. Cumulative protocol revenue stood at $8.6 million against $102.5 billion in total aggregator volume. Swaps will be disabled July 27, after which the application enters read-only mode. All company-operated services — including APIs, customer support and development — stop permanently July 30. Users who connected external self-custody wallets do not need to withdraw funds because the aggregator never held those assets. Social-login wallet users must transfer assets or export private keys before the deadline. The team warned that messages offering token migrations, claim pages or airdrops are scams. The ODOS token will continue to exist onchain after the operating company dissolves. The separate Odos DAO has not yet published its future operating plans. The shutdown follows a wave of crypto service closures in 2026, including derivatives exchange BitMEX, which announced plans to wind down by September 23 after 11 years of operation. This article is for informational purposes only and does not constitute investment advice.
Jul 24 2026, 12:19
Ethereum unveils 5-point overhaul targeting 10,000 TPS and quantum security
**Vitalik Buterin's new "strawmap" proposes the biggest Ethereum rebuild since the Merge, targeting 10,000 TPS on the base chain and quantum-resistant cryptography within four years.** Ethereum founder Vitalik Buterin on July 4 released a draft roadmap calling for the network's largest technical overhaul since the 2022 Merge, targeting 10,000 transactions per second on the base chain. "This is a fundamental rebuild of nearly every core technical element of the chain over the next three to four years," Buterin said in the strawmap document, which sets five "north stars" for Ethereum's development. The roadmap targets transaction finality within seconds, 10,000 TPS on the base chain and 10 million TPS on layer-2 networks. Two additional goals — quantum-resistant cryptography and native privacy features — will add data overhead to every block, creating tension with the throughput targets. The overhaul comes as Ethereum faces mounting competitive pressure from high-performance layer-1 rivals and its own tokenomics shift. ETH supply turned mildly net inflationary in 2026 as layer-2 scaling reduced base-chain fee revenue, and the coin trades 62% below its all-time high with the crypto bear market roughly nine months old. ## Privacy and Quantum Security Complicate the Scaling Math The strawmap's dual emphasis on throughput and cryptographic hardening creates an inherent trade-off. Quantum-resistant signatures and zero-knowledge privacy primitives both increase per-transaction data requirements, directly conflicting with the goal of pushing more activity onto the base chain. Buterin has long advocated for privacy as a core Ethereum feature, sketching an anonymous billboard concept using zero-knowledge proofs in a 2022 essay and recently building a working demo on Aztec, a privacy-focused network built on Ethereum's cryptography. Buterin's side projects have drawn attention as ETH struggles to regain momentum. He built the anonymous billboard prototype using "vibe coding" — describing the intended behavior in plain language and letting AI tools write much of the code. The demo, posted to GitHub under the repository name aztec_experiments, includes three working prototypes: a token contract, a voting oracle, and the billboard itself, which uses cryptographic nullifiers built with the poseidon2 hashing method to confirm posting rights without revealing identity. The timing sharpens the contrast between technical development and market performance. Ether has traded well below its prior cycle highs this year, and Wall Street's bull case for ETH has drawn more attention than any single protocol upgrade. Buterin appeared unbothered by the gap, choosing cryptography experiments over marketing Ethereum's price narrative. For ETH holders, the strawmap presents a paradox. The rebuild could attract more users and capital to the network, but activity growth does not automatically enrich token holders. The base fee burn mechanism depends on mainnet congestion rather than total throughput, and pushing more activity to layer-2 chains has already shrunk fee revenue enough to flip Ethereum's supply to net inflationary. Individual token contracts could see their fees drop further under the rebuild, benefiting users and layer-2 chains without directly helping ETH holders. Still, the coin looks likelier to grind higher than lower from here, largely for reasons unrelated to the roadmap. The crypto bear market is roughly nine months old, near the historical median, and ETH's 62% drawdown from its all-time high suggests a reversion to the mean may be due. Buterin's strawmap will make Ethereum more interesting as a technology, but its tokenomics may need to change before that translates into investment returns. This article is for informational purposes only and does not constitute investment advice.
Jul 24 2026, 12:11
Hyperliquid RWA trading tops 50% of volume as tokenized assets surge
Tokenized real-world assets became Hyperliquid's largest trading category for the first time, accounting for more than half of the decentralized exchange's weekly volume in the period ending July 24. "This is a major structural shift in crypto markets, moving away from speculating on endogenous digital commodities," Circle co-founder and CEO Jeremy Allaire said in a July 18 post on X. Hyperliquid's cumulative protocol revenue passed $1 billion in June, with 99 percent of fees routed into open-market HYPE buybacks, according to The Block data. HYPE has gained about 146 percent this year even as the broader crypto market declined. Bitwise CIO Matt Hougan named Hyperliquid as one of two investments expected to lead the next crypto cycle, citing its revenue-to-tokenholder model. Citi projects tokenized securities could grow into a $5.5 trillion market by 2030, with global asset managers including BlackRock, Apollo and Franklin Templeton already active in the space. Tokenized real-world assets on the XRP Ledger have climbed 388 percent this year to $4.4 billion, while the NYSE partnered with Securitize in March to develop blockchain-based stock trading infrastructure. The shift positions Hyperliquid as a key venue for institutional-grade on-chain trading and may push other decentralized exchanges to list more real-world asset products. Uniswap Labs this week introduced Permissioned Pools, a framework developed with Securitize and Superstate that lets issuers of tokenized funds enforce compliance rules directly onchain. Aave also rolled out Horizon, an institutional lending venue for tokenized assets. Hyperliquid's HIP-4 upgrade, live since early May, added permissionless outcome markets where deployers stake 500,000 HYPE — roughly $31 million at current prices — to list event contracts and keep up to 50 percent of transaction fees. The exchange is not available to US users, limiting its direct competition with Kalshi and Robinhood in that market. Pantera Capital said in July that perpetual futures could become a dominant trading instrument beyond crypto, citing 24/7 trading and no contract expiries as structural advantages over traditional derivatives. This article is for informational purposes only and does not constitute investment advice.