A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in June.
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Mirae Asset reportedly plans to use the South Korean crypto exchange as a hub for tokenized assets, stablecoins and digital finance.
Toronto, Canada, July 23rd, 2026, Chainwire
CoinRabbit and GoMining have published a report on Bitcoin mining profitability, showing why managing mined Bitcoin is becoming as important as producing it.
The report highlights how the post-halving environment is redefining success in mining, with operators relying on stronger treasury management, capital discipline, and long-term asset strategies to navigate tighter margins. With the block reward reduced to 3.125 BTC and network difficulty near record levels, operational efficiency alone is no longer enough. The next phase of mining will be shaped by smarter capital allocation and long-term conviction in Bitcoin.
The Four Pillars of the Bitcoin Mining Efficiency Mindset
The report presents a clear framework built around four key pillars:
1) Operational Cost Efficiency
Low-cost power procurement, high uptime, efficient cooling, and disciplined maintenance remain the foundation of any viable mining operation. These factors determine the baseline production cost and are essential for competitiveness.
2) Collateralization Over Liquidation
Instead of selling freshly mined Bitcoin to cover expenses, effective operators are using it as collateral. This approach allows them to meet short-term cash needs while retaining full ownership and long-term exposure to the asset’s value.
3) Operational Liquidity and Tax Optimization
Bitcoin-backed lending provides flexibility to cover recurring operating costs, including power, hosting, and payroll, while avoiding taxable sales. At the same time, it preserves the deductibility of operational expenses.
4) Long-Term Vision and Capital Discipline
Sustainable operators treat mining as a disciplined, capital-intensive business. They maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities arise, avoiding forced sales during downturns.
The full report can be downloaded here.
Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented: “Long-term success is built on conviction in the assets you hold and the discipline to manage them through different market cycles. At CoinRabbit, we are proud to work with clients who share this long-term vision and recognize the value of staying focused through periods of uncertainty. We appreciate the collaboration with GoMining experts and their contribution to sharing deeper industry insights with the mining community.”
Jeremy Dreier, Chief Business Development Officer at GoMining and Managing Director of GoMining Institutional, added: “In the post-halving environment, discipline is critical. The miners that are winning are those with efficient operations and cash put aside for this exact time. This is the best possible moment to deploy capital into expanding your fleet, because it’s cheap to add hash rate when Bitcoin’s price is down. There’s a lot of opportunity in the market. At GoMining, this is our third bear market, and we’ve seen that the operators who are prepared look at these conditions as an opportunity. Those who aren’t prepared are the ones who panic.”
About CoinRabbit
CoinRabbit is a crypto asset management platform built for long-term capital preservation. It enables users to manage liquidity seamlessly across instant payments, lending, trading products, and the Private Program — all within a single ecosystem. Since 2020, CoinRabbit ensures 100% capital reserve, keeping clients’ funds safe and never reused.
For more information, users can visit coinrabbit.io
About GoMining
GoMining is an all-in-one Bitcoin ecosystem that makes it simple and secure to mine, earn, and use Bitcoin every day. GoMining serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate globally, with data centers in the U.S. and internationally. The company makes Bitcoin accessible through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products.
For more information, users can visit gomining.com
Contact
CMO
Irene Afanaseva
CoinRabbit
marketing@coinrabbit.io
Coinbase plans to expand its Singapore office from 150 to about 200 employees by the end of 2026 as it grows its presence in the Lion City.
Mutsamudu, Comoros, July 22nd, 2026, Chainwire
MEXC, a pioneer in 0-fee digital asset trading, increased its market share in Q2 2026 and ranked No. 2 globally in commodity perpetuals market share, according to TokenInsight’s newly released Q2 2026 Crypto Exchange Report. The report provides a comprehensive review of trading volume, open interest, and TradFi perpetuals markets across major global crypto exchanges.
MEXC Expands Market Share Amid Industry-Wide Slowdown
Overall trading volume across crypto exchanges declined approximately 8% quarter-on-quarter in Q2 2026, falling to $16.5 trillion. Despite the broader market slowdown, MEXC’s quarterly trading volume reached approximately $1.412 trillion, with its market share rising from 7.17% in Q1 to 8.53% in Q2. This 1.36 percentage point gain was the second-largest increase among all exchanges tracked in the report.
Derivatives Market Share Ranks No. 4, Open Interest Climbs to No. 3 Globally
MEXC’s derivatives market share reached 9.51%, ranking fourth globally, placing it alongside Binance, OKX, and Bybit in a top tier that together commands more than 72% of the market. Meanwhile, MEXC’s average open interest market share rose from 8.62% to 9.21%, climbing to third place, up from fourth in Q1.
TradFi Momentum Drives Commodity Perpetuals to No. 2
TradFi perpetuals became a key growth driver for MEXC in Q2 2026, as the segment emerged as the industry’s fastest-growing product category. MEXC’s TradFi perpetuals trading volume reached $68.8 billion, giving it a 10.85% market share and a fourth-place global ranking. Within MEXC’s own platform, TradFi perpetuals accounted for 7.22% of total derivatives volume, the third-highest such proportion among major centralized exchanges.
Commodities stood out as the strongest-performing segment within MEXC’s TradFi perpetuals business. MEXC’s market share in commodity perpetuals — including gold, silver, and crude oil — rose from 10.6% to 14.7% in Q2, a gain of 4.1 percentage points. This was the largest increase among all exchanges tracked in the report. The gain brought MEXC to the No. 2 position globally in commodity perpetuals market share.
Product Expansion into Pre-IPO and Real Stocks
Building on this momentum, MEXC further broadened its TradFi product suite in Q2 with the launch of the SpaceX Pre-IPO Launchpad and RealStocks trading. The Pre-IPO Launchpad gives users early access to pre-listing markets, while RealStocks extends MEXC’s U.S. equities offering beyond contract-based price exposure to direct U.S. stock ownership, complete with zero trading fees and corresponding dividend entitlements. These launches mark MEXC’s expansion beyond TradFi contracts linked to gold, oil, and U.S. equities into pre-IPO opportunities and direct U.S. stock ownership, creating a one-stop gateway spanning crypto, TradFi, Pre-IPO, and real U.S. stocks.
Full report: TokenInsight Crypto Exchange Report, Q2 2026
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact MEXC PR team: media@mexc.com
Risk Disclaimer:
This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.
Contact
MEXC PR team
media@mexc.com
The Bitcoin bottom may be in — but don’t get your hopes up: It might struggle to go up anytime soon, according to one investment firm.
A Friday report from European asset management firm CoinShares said that investors last week threw fresh cash at Bitcoin — and other crypto — exchange-traded products, indicating a change in sentiment.
But other factors may hold digital asset markets from going higher, James Butterfill, head of research at CoinShares, wrote.
“We have said for some time that Bitcoin has probably reached, or is close to, its floor,” the report read. “But we see no significant upside potential from here.”
The report added that current macroeconomic headwinds, such as the US bombing Iran and rising oil prices, could see inflation go up again.
Bitcoin’s price was up earlier this week, hitting a seven-day high of $65,501 on news that inflation in the US was softer than expected. It has since erased those gains and was recently trading for $64,010.
The price of Bitcoin has typically done well on news that inflation is coming down because investors expect interest rates to come down. But Butterfill said that “a rate cut does not look probable at this stage.”
Bitcoin’s worst run on record
CoinShares’ data showed that investors pulled a total of $8 billion out of funds giving crypto exposure — “the worst run on record.”
Last week, though, things reversed when $287 million hit crypto funds, CoinShares said, with the data so far showing that this week looks likely to be another positive streak.
The price of Bitcoin has typically done well when US investors — previously excluded from crypto investing — have bought shares in exchange-traded funds approved in 2024.
The products — handled by the likes of BlackRock, Fidelity, and Grayscale — allow more traditional investors or Wall Street institutions to buy positions in Bitcoin via shares that trade on stock exchanges.
Since BTC’s October all-time high of $126,080, crypto markets have faced a battering as those investors have fast cashed out of the funds. Bitcoin has struggled to make gains, especially after the US and Israel started bombing Iran, leading to a surge in the price of oil.
The leading cryptocurrency is now nearly 50% below its record.
“The dominant picture is that the current setup is prompting interest in adding positions, but caution prevails while sentiment remains broadly negative,” CoinShares added.
Mutsamudu, Comoros, July 16, 2026 – MEXC, a pioneer in 0-fee digital asset trading, today released its May–June bimonthly security report, reinforcing its role as a trusted global gateway where security and trust always come first. The audit indicates that MEXC’s Futures Insurance Fund surpassed a landmark threshold of 750 million USDT as of June 29, marking a substantial 34% expansion over the preceding reporting period. Concurrently, reserve verification data confirm that the coverage ratios for BTC, ETH, USDT, and USDC all remained safely above 100%, with Bitcoin delivering a reserve ratio of 269.35%.
During May–June, crypto security incidents remained elevated across the industry. According to aggregated data from major blockchain monitoring agencies, 142 independent security incidents were confirmed during the period, resulting in approximately US$194 million in verifiable financial losses. DeFi security incidents accounted for 55% of total incidents, with related losses of approximately US$150 million. Cross-chain bridges, private key management, and user endpoints emerged as the three major weak points in the industry’s security landscape during the period.
Against this backdrop, asset reserve transparency and risk-buffering capacity have become important foundations for user protection across trading platforms.
Futures Insurance Fund Grows to 751 Million USDT
Quantifying this safety buffer, the total balance of MEXC Futures Insurance Fund reached 751 million USDT by the June 29 close, marking a net capital inflow of over 191 million USDT relative to the prior bimonthly disclosure. This dedicated capital reserve serves as a primary systemic countermeasure designed to absorb unexpected liquidation slippage during periods of heightened market volatility.
By neutralizing excess delta risk, the fund systematically reduces the likelihood of activating Auto-Deleveraging (ADL) protocols, thereby ensuring orderly clearing conditions across all active derivatives markets. Real-time solvency tracking and live reserve balances remain continuously auditable via the public MEXC Proof of Trust interface.
Major Assets Continue to Maintain Excess Reserves, with BTC Reserve Ratio Reaching 269.35%
In addition to providing a risk buffer for the futures market, MEXC continues to enhance asset transparency through its Proof of Reserves mechanism, allowing users to verify asset backing directly on-chain.
As of the reporting date, reserve ratios for major assets were as follows:
- BTC: Reserve ratio of 269.35%, with 12,656.63 BTC held in wallets, corresponds to 4,698.90 BTC in user assets.
- ETH: Reserve ratio of 118.14%, with 77,527.30 ETH held in wallets.
- USDT: Reserve ratio of 113.95%, with approximately 2.139 billion USDT held in wallets.
- USDC: Reserve ratio of 125.41%, with approximately 95.41 million USDC held in wallets.
These reserve figures are publicly verifiable through on-chain wallet addresses and MEXC’s Merkle Tree-based Proof of Reserves system, enabling users to independently verify asset coverage.
Maintaining platform-wide custody standards, the MEXC Guardian Fund continues to operate its rigorous dual-reserve architecture consisting of USDT and BTC allocations. Every underlying crypto-asset remains fully segregated, verifiable, and tied to on-chain addresses that are permanently open to public audit. The strategic asset expansion roadmap previously disclosed by the corporate risk team remains fully underway.
Guardian Fund Wallet Addresses:
From risk identification to asset recovery, throughout the Entire Trading Journey
During May–June, user-side attacks also continued to increase. Phishing scams and endpoint & supply chain security incidents resulted in approximately US$28.59 million in related losses, highlighting the growing importance of account risk identification, external support for suspicious fund investigations, and asset recovery capabilities.
In terms of related user protection mechanisms, risk mitigation within the MEXC infrastructure extends far beyond baseline asset reserves, integrating advanced account risk identification, external forensic investigations into funds, and systematic recovery protocols for misdirected transfers.
During the May–June performance window, the platform’s financial intelligence unit successfully flagged and restricted 9,518 accounts linked to organized illicit syndicates, effectively dismantling 4,394 distinct fraudulent networks.
Geographically, these illicit operations exhibited high concentration vectors within two primary jurisdictions:
- Commonwealth of Independent States (CIS) Region: 2,096 fraudulent networks neutralized.
- Indonesia: 1,229 fraudulent networks neutralized.
In parallel with internal containment, MEXC significantly expanded its judicial and law-enforcement cooperation protocols. The compliance department processed 497 external statutory investigation requests, which included the successful execution of 53 judicial asset-freezing mandates. Furthermore, the platform’s real-time transaction monitoring systems intercepted 7 high-risk inbound illicit fund transfers, freezing a total of 303,277 USDT before it could contaminate the exchange’s broader liquidity pools.
Addressing user-side transactional errors, MEXC manually processed 812 individual asset recovery requests involving erroneous cross-chain deposits and misdirected transfers, successfully remediating assets valued at 343,515 USDT. Every sub-case was subjected to a dual-layer review protocol that combined manual asset verification with on-chain forensic auditing. Compliance teams deployed advanced multi-ledger cross-chain tracing techniques to locate, isolate, and safely return the misrouted capital to its rightful owners.
Vugar Usi, CEO of MEXC, said, “True trust is not built on promises made before risks emerge, but on whether protection remains visible and verifiable when challenges arise. With our Futures Insurance Fund surpassing 750 million USDT, together with publicly verifiable Proof of Reserves, we are reinforcing MEXC’s role as a trusted global gateway where security and trust always come first, ensuring every user’s assets are safeguarded.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
For media inquiries, please contact MEXC PR team: media@mexc.com
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The founder said all Aave protocol and GHO revenue flows to the AAVE token and that the brand and software belong to holders, responding to a report that Kraken is in talks to buy a 15% stake at a $385 million valuation.
Aave founder Stani Kulechov on Thursday disputed a report that crypto exchange Kraken is in talks to take a stake in the largest decentralized lending protocol, saying the team would not sell its AAVE tokens cheaply.
“First off, there is NO WAY we’d sell AAVE at a 70% discount lol,” Kulechov wrote on X, addressing what he called “lots of discussions around Aave.” He said an allocation of AAVE held by Aave Labs is what “multiple market participants have discussed purchasing, directly or indirectly, through deeper long-term partnerships,” and that “the article’s framing is inaccurate.”
The valuation at the center of the report sits well below where the market prices the token. CoinDesk reported Thursday that Kraken, part of Payward Inc., was in talks to acquire a 15% stake in Aave at a $385 million valuation, citing three people familiar with the matter. That figure is about 69% below AAVE’s roughly $1.24 billion market capitalization, according to CoinGecko data.
Aave is the largest decentralized lending protocol, with about $11.6 billion locked in its main V3 markets, according to DefiLlama.
What Kraken Is Said to Be Weighing
The proposed deal would see Kraken invest 35,000 ether in return for 250,000 AAVE tokens and a 15% common equity stake in Aave Group, according to a document CoinDesk said it reviewed. At current prices, that AAVE allocation is worth about $20 million, per CoinGecko. CoinDesk reported the transaction was worth around $71 million and that Kraken was looking to syndicate it, and described the investment as the first in a series of deals to build out Payward Asset Management.
Kraken’s parent has been acquisitive ahead of a planned public listing. In April, Payward agreed to buy crypto derivatives exchange Bitnomial for up to $550 million, and CoinDesk reported in May that the company was raising capital at a $20 billion valuation.
Kulechov’s Revenue and Ownership Claims
Kulechov used the post to lay out how Aave directs its income. He said 100% of Aave protocol and GHO stablecoin revenue goes to the AAVE token under the “Aave Will Win” proposal, and that the arrangement extends to product revenue from the Aave App, Aave Pro and Swaps. No protocol or product revenue goes to Aave Labs, which he described as a service provider to the DAO responsible for building and growing Aave.
He said Aave generates $134 million in annualized revenue that flows to the Aave DAO. DefiLlama, which tracks onchain fees, shows Aave produced about $123 million in protocol revenue over the trailing year. Kulechov also said all intellectual property, including the Aave brand and any software built for Aave, belongs to the token.
Kulechov said the team is designing “Aavenomics 3.0,” which he said would include a new automated and non-discretionary buyback mechanism, without providing details or timing. He said Aave is building for the broader finance asset market, including tokenized real-world assets, and that “everyone at Aave Labs and Aave DAO works for $AAVE.”
AAVE rose about 5% over the 24 hours through Thursday, outpacing a roughly 3% slide in ether over the same period, according to CoinGecko.
The KelpDAO Overhang
The talks come as Aave continues to recover from the largest DeFi exploit of the year. On April 18, an attacker exploited KelpDAO’s LayerZero bridge to mint roughly $292 million of unbacked rsETH, then deposited the tokens on Aave and borrowed real assets against them, as The Defiant reported. Aave’s own smart contracts were not compromised, but the protocol was left with between $124 million and $230 million in modeled bad debt, according to a later incident report, and its total value locked fell by roughly $10 billion as users withdrew, The Defiant reported. LayerZero attributed the attack to the North Korea-linked Lazarus Group.
Aave coordinated a “DeFi United” relief effort with other protocols to restore rsETH backing, The Defiant reported, and Aave LLC later asked a New York court to vacate a restraining notice on about $71 million in recovered ether frozen by Arbitrum, The Defiant reported.
The reported terms come from a document and three anonymous sources cited by CoinDesk, not from Aave or Kraken, both of which declined to comment or did not respond to that outlet.
Kulechov said Aave will host its quarterly community call in the coming weeks, where the team plans to share updates on its roadmap.
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