Decentralized Exchange (DEX)

Solana Mobile has started shipping its new crypto smartphone, the Seeker, to over 50 countries after receiving 150,000 pre-orders. The phone features built-in Web3 tools like a secure seed vault and a decentralised app store, offering an alternative to Apple and Google platforms.

PancakeSwap saw a big rise in trading volume, reaching $188 billion in July and leading the DEX market. This growth was driven by new features like lower fees, cross-chain trading, and a partnership with Binance Alpha.

U.S. crypto exchange giant Coinbase is suing a German national for allegedly hijacking its brand through a deceptive website domain

Indian cryptocurrency exchange CoinDCX has confirmed it suffered a major security incident, with attackers siphoning off $44 million in digital assets due to a sophisticated server breach.

Seychelles-based cryptocurrency exchange BigONE has confirmed a major security breach that resulted in the loss of over $27 million following a targeted attack on its hot wallet infrastructure.

XRP has just experienced a significant rally with the price of the token jumping from $2.60 to $3.00. But this rally wasn't driven by major exchanges like Binance or Coinbase, but South Korea's Upbit.

Hungary has enacted sweeping new legislation where both unlicensed crypto exchanges and users of such exchanges could potentially face prison time.

North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.

Cryptocurrency wallets are entering a transformative phase as Edwin, a decentralized finance and AI (DeFAI) interface layer, launches its AI terminal—an innovative platform that integrates artificial intelligence chatbot functionality directly with users’ wallets.

Mastercard and Chainlink have teamed up to let over 3 billion cardholders buy crypto directly on-chain using their bank cards. The system is already live and involves several partners to handle payments, compliance, and crypto swaps.