Latest P2P News and Updates on Arabian Post
Russia has prohibited cryptocurrency mining across Moscow, the surrounding Moscow Region and parts of the Kursk Region until the end of 2032, widening restrictions designed to protect electricity networks from power-intensive digital currency operations.The measure will take effect on August 15, 2026, and remain in force until December 31, 2032. It covers both the mining of digital currencies and participation in cryptocurrency mining pools, closing a potential route through which operators could continue contributing computing power to operations based elsewhere.Prime
Binance founder Changpeng Zhao has urged cryptocurrency holders to divide their assets among several wallets after attackers stole more than $70 million in bitcoin by exploiting weak recovery phrases generated by Coldcard hardware devices.Zhao, widely known as CZ, said even hardware wallets with long operating histories could contain software flaws. His warning marked a shift from the traditional advice to diversify cryptocurrency holdings, extending the principle to the infrastructure used to store them.The theft unfolded on July 30, when more
Bitcoin is shifting from speculative traders to long-term holders, but weak demand is preventing the tightening supply structure from producing a convincing price recovery.On-chain indicators show that coins are changing hands less frequently as investors with longer holding horizons expand their share of the network’s realised value. Short-term holders now account for about 23% of Bitcoin’s realised capitalisation, a multi-year low, while the long-term holder share has climbed to roughly 52%.The transition resembles conditions observed near the 2022-2023 bear-market
A flaw in seed generation allowed an attacker to steal more than 1,000 bitcoin from nearly 1,200 cold wallets without gaining physical or remote access to the hardware devices.The attacker drained 1,082.65 bitcoin, valued at about $70 million, from 1,196 wallet addresses on July 30. The transfers occurred between 01:10 and 01:51 UTC and were recorded across six Bitcoin blocks, making the operation one of the largest thefts traced to predictable cryptocurrency wallet keys.Blockchain analysts at Galaxy Research mapped the
Russia has moved closer to opening a regulated cryptocurrency market while Washington struggles to complete its own digital-asset framework, creating a sharp contrast between state-controlled certainty in Moscow and political deadlock in the United States.The State Duma approved legislation governing cryptocurrency trading in its second and third readings on July 21. The measure must complete the remaining constitutional steps, including consideration by the Federation Council and presidential approval, before becoming law. Core provisions are scheduled to take effect on September
Major cryptocurrencies traded within narrow ranges on Thursday as Asian semiconductor shares stabilised after Samsung Electronics reported a dramatic rise in chip earnings, easing pressure across technology-linked risk assets.Bitcoin hovered near $64,100, while Ether changed hands around $1,905. XRP traded at about $1.07, Solana near $74 and BNB around $572. Tron was little changed at roughly $0.33, while Hyperliquid’s HYPE token slipped towards $54.Trading activity remained subdued. Bitcoin recorded about $28 billion in turnover over 24 hours, while Ether volumes
Robinhood Markets shares dropped about 4% in extended trading after the brokerage reported stronger-than-expected quarterly earnings, as investors focused on falling cryptocurrency revenue and higher operating costs.The trading platform generated $100 million from cryptocurrency transactions during the second quarter, down 38% from a year earlier. The decline was offset by sharp gains in options, equities and prediction markets, helping total net revenue rise 32% to a record $1.31 billion.Transaction-based revenue increased 44% to $776 million. Options remained the largest contributor
Hyperliquid’s HYPE token has emerged as one of the strongest-performing major crypto assets of 2026, outpacing Bitcoin, Ether and Solana as expanding derivatives activity, rising protocol income and large staking transactions draw greater investor attention.A large holder transferred 557,902 HYPE tokens from institutional trading firm FalconX and deposited the entire holding into Hyperliquid’s staking system on July 25. The tokens were valued at about $32.87 million at the time, making the transaction one of the most prominent signals of long-term
The team behind the Official Trump meme coin has transferred about $16.9 million of TRUMP tokens to three custody addresses linked to Fireblocks, drawing fresh attention to the asset’s concentrated ownership and prolonged price decline.Blockchain records indicate that roughly 10.8 million tokens were moved on July 25, based on the market price at the time. The receiving addresses have handled TRUMP before, with some holdings later routed through other institutional custody infrastructure. The transaction does not establish that the tokens
Shiba Inu surged as much as 36 per cent during weekend trading, with concentrated demand on South Korean cryptocurrency exchanges pushing the meme token to its strongest turnover levels in months despite no verified project announcement or fundamental catalyst.The Ethereum-based token climbed to about $0.0000057 on Sunday, briefly adding close to $1 billion to its market value. Its capitalisation approached $3.4 billion at the rally’s peak, while daily trading volume rose sharply as traders rushed into a market that had
Europe’s tougher digital-asset rules are creating conditions for a new wave of mergers and acquisitions as crypto companies seek licences, compliance expertise, customers and stronger links with established banks.The European Union’s Markets in Crypto-Assets regulation, known as MiCA, entered a decisive phase on July 1, when the final transitional arrangements expired across the bloc. Crypto exchanges, custodians and other service providers can no longer rely on older national registrations and must hold authorisation as crypto-asset service providers to continue serving
XRP traded in a narrow range after a turbulent week as smaller holders continued reducing their exposure while large wallets accumulated hundreds of millions of tokens, widening a divide between retail caution and longer-term institutional positioning.The cryptocurrency hovered near $1.10 during Thursday’s session, struggling to sustain advances after repeated attempts to recover from a sharp market-wide correction. XRP remained below several closely watched moving averages, while trading volumes suggested buyers were unwilling to chase prices without a stronger catalyst.Wallet data
Cryptocurrency markets face renewed volatility as an Ethereum developer warns that expectations surrounding the United States’ CLARITY Act could trigger a deeper sell-off if lawmakers fail to deliver the regulatory breakthrough already anticipated by traders.Econar, a long-time Ethereum builder and commentator, said digital assets could stage only a limited rise as speculation about the legislation intensifies. Failure to pass the bill could then push prices below levels they might have reached without the political optimism, he argued.The warning reflects concern
Bitcoin derivatives traders are rebuilding bullish positions, creating a multibillion-dollar liquidation risk if the cryptocurrency reverses sharply towards $58,200, while an accompanying warning about Ether falling to $1,700 has been overtaken by market prices.Bitcoin was trading near $65,400 on Friday, July 24, after reaching an intraday high of about $65,750 and falling as low as $64,636. A decline to $58,200 would therefore amount to a drop of roughly 11% from prevailing levels.Liquidation heatmap estimates circulating among traders indicate that such
Hackers exploited Wanchain’s bridge connecting Cardano and BNB Chain, draining about 515 million NIGHT tokens valued at roughly $9 million and forcing the affected cross-chain route to suspend operations.The attack targeted infrastructure operated by Wanchain rather than the Cardano or Midnight blockchains. Midnight Foundation said its network, validators and consensus system remained secure, seeking to contain concern that the breach had compromised the underlying privacy-focused protocol.The stolen tokens were removed from a treasury address supporting NIGHT transfers across the bridge.
Mirae Asset Group has completed its acquisition of Korbit, placing South Korea’s first cryptocurrency exchange under the control of one of the country’s largest financial conglomerates and accelerating the convergence of traditional finance and digital assets.Mirae Asset Consulting became Korbit’s largest shareholder after completing regulatory and transaction procedures. The deal gives the group control of more than 90 per cent of the exchange, following an agreement valued at about 133.4 billion won, or roughly $96 million at current exchange rates.The
Three cryptocurrency protocols linked to Bitcoin and Ethereum lost more than $35 million in a series of attacks within about six hours, exposing persistent weaknesses in cross-chain bridges, administrative controls and contract validation systems.The largest loss was recorded by AFX Trade, a perpetual futures platform operating through an independently managed bridge on Arbitrum. Attackers removed about $24.15 million in USDC before transferring the assets from Arbitrum to Ethereum and exchanging them for roughly 12,467 ether.B² Network, a Bitcoin scaling project,
The XRP Ledger has processed more than one million transactions initiated by artificial intelligence agents, highlighting the rapid emergence of machine-controlled payments across blockchain networks.The milestone was disclosed as developers expand systems that allow autonomous software to purchase data, computing capacity and other digital services without requiring a person to approve every payment. Ayo Akinyele, head of engineering at RippleX, expects activity to accelerate sharply, potentially reaching 10 million transactions soon and 100 million within the next two years.Agentic transactions
Citadel Securities has invested $400 million in cryptocurrency exchange Crypto. com, valuing the Singapore-based trading platform at $20 billion as established financial groups deepen their involvement in digital assets.The strategic investment will support Crypto. com’s expansion beyond cryptocurrency trading into tokenised securities, derivatives and other blockchain-based financial products. The transaction also gives the exchange a powerful institutional partner with extensive expertise in liquidity provision, pricing and electronic market infrastructure.Crypto. com co-founder and chief executive Kris Marszalek said digital assets
BlackRock’s spot Bitcoin exchange-traded fund held about 733,500 tokens valued at more than $47.5 billion on July 15, cementing its position as the dominant regulated Bitcoin investment product in the United States.The latest official portfolio data differs slightly from a widely circulated social media claim that the iShares Bitcoin Trust held 734,762 Bitcoin worth $47.1 billion. Holdings change each trading day as authorised participants create or redeem fund shares, while the dollar valuation moves continuously with Bitcoin’s market price.The trust,
Revolut has secured in-principle approval from Dubai’s Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, advancing the financial technology group’s plan to build a regulated digital finance platform in the country.The proposed Virtual Assets Service Provider licence would permit Revolut to provide broker-dealer, management and investment, and exchange services. Full operations will remain subject to the company meeting VARA’s conditions and obtaining final regulatory clearance.Once authorised, eligible UAE customers will be able to buy, sell and hold
SBI Holdings and the Solana Foundation have formed a strategic partnership to develop an on-chain financial market centred on Japan, spanning stablecoins, tokenised securities, institutional services and cross-border settlement infrastructure.The collaboration will involve the Solana Foundation acquiring a stake in SBI R3 Japan, a blockchain-focused company jointly backed by SBI Holdings and Sumitomo Mitsui Financial Group. SBI R3 Japan is set to be renamed SBI Solana Global, subject to the necessary corporate procedures.The venture aims to create a regulated market
Polymarket has filed regulatory applications that could allow its United States prediction-market business to offer margin trading, a major step towards introducing leveraged event contracts to American customers.The applications were submitted to the National Futures Association on July 3 through PM Derivatives LLC. They seek registration as a futures commission merchant, membership of the industry regulator and approval to operate as a swap firm.Coming Home GBA LLC, an entity affiliated with Polymarket, is listed in connection with the filings. Approval
BingX has launched a global community initiative after Enzo Fernández scored Argentina’s stoppage-time winner against Egypt, turning a World Cup comeback into a marketing moment for the cryptocurrency exchange and Web3-AI platform.Fernández’s goal completed Argentina’s 3-2 victory in Atlanta after the defending champions had trailed 2-0 deep into the last 16 tie. Cristian Romero began the recovery in the 79th minute, Lionel Messi levelled four minutes later, and Fernández struck in added time to send Argentina into a quarter-final against