Senin, 27 Juli 2026

CLARITY hopes fade, BitMEX shuts as lawsuit looms


Major shifts in crypto: BitMEX shuts down, new S&P index.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

A Week in Review: CLARITY hopes fade, BitMEX shuts as lawsuit looms

July 20 - 26

#1

CLARITY may get a vote, but don’t get your hopes up yet

Despite wealthy memecoin entrepreneur President Donald Trump agreeing to an ethics deal, the Clarity Act (CLARITY) is floundering as the August recess deadline looms.

Senate Majority Leader John Thune said he doesn’t believe the act has the votes to pass just yet, but may bring it to a vote anyway to “get Clarity started. We’ll see where the votes are.”

The ethics deal would prohibit all US officials from issuing or sponsoring digital assets, but contains some “get out of jail free” provisions for the President that the Democrats are unhappy with, including the fact the rules expire the day he is scheduled to leave office in 2029.

The ethics provisions will also be enforced by the Attorney General that Trump appointed. The Democrats instead want state Attorney Generals to enforce it — but Trump seems unlikely to agree to empower dozens of state AGs to attempt to prosecute him.

The White House described the bill as the “most comprehensive and wide-ranging ethics provision in history,” while Democratic Senator Ruben Gallego described it as a “piece of s---” and “not a serious effort.”

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#2

BitMEX to shut down after 11 years as class action launched against it

BitMEX, one of the pioneers of cryptocurrency derivatives trading, announced it will shut down operations in September after 11 years.

BitMEX launched in 2014 and became known for introducing the 100x leverage perpetual swaps.

In recent years volumes have tanked increased competition from major exchanges like Binance and decentralized protocols like Hyperliquid.

CryptoQuant CEO Ki Young Ju said BitMEX’s share of the Bitcoin futures market has fallen to just 0.08%, with roughly $84 million in daily trading volume.

“It was a great exchange that helped shape the industry, and now it is passing the torch to the next generation of exchanges it inspired,” Ju said.

BitMEX’s utility token BMEX collapsed in value after the announcement. That same day, news emerged of a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ collateral. BitMEX denied the allegations and said it had successfully defended itself against similar claims in the past.

Restructuring adviser Roshan Dharia told Cointelegraph the exchange’s demise shows the industry is consolidating.

#3

S&P launches blockchain fundamentals index for digital assets

S&P Dow Jones Indices and Pantera Capital have launched a digital asset index that tracks the major crypto assets — but doesn’t include Bitcoin or XRP.

The S&P Pantera Digital Asset Index is designed to be the benchmark crypto index for institutions, but it screens out blockchains based on minimum thresholds for protocol revenue, market capitalization and liquidity.

The index launched with 18 constituents, with Ether (ETH), BNB (BNB), Solana (SOL), TRON (TRX) and Hyperliquid (HYPE) as its five largest holdings, while Bitcoin (BTC) and XRP (XRP) are the largest non-constituents.

The latest index follows a broader industry push to develop institutional-grade benchmarks for digital assets, with similar products including the Nasdaq Crypto Index US ETF, the Franklin Crypto Index ETF and the the Coinbase Store of Value Index among others.

Prediction of the week

Bitcoin will get ‘lift’ from Hyperliquid, Robinhood in next crypto bull market

Bitcoin (BTC) is “finally showing signs of a bottom,” according to Matt Hougan, chief investment officer at Bitwise.

Houghan predicts that TradFi integrations, particularly Hyperliquid and Robinhood, will drive the next crypto bull market, and the resulting tide should “lift” the largest cryptocurrencies including Bitcoin and Ether.

Houghan believes crypto is bringing major benefits like 24/7 trading to traditional markets, and noted that today “nearly half the volume on Hyperliquid is in conventional assets like oil, silver, and the S&P 500 [and] it’s expanding into spot commodities, prediction markets, and options,”

Bitwise data also suggests apparent demand for BTC is showing signs of reversal. The metric measures the difference between newly-mined BTC and the supply inactive for at least one year.

FUD of the week

Home invasions became most common crypto wrench attack in H1 2026: CertiK

Home invasions became the most common form of crypto wrench attacks during the first half of 2026, rising to 20 publicly reported incidents from just one a year earlier, according to blockchain security firm CertiK.

On Thursday, CertiK said it verified 52 wrench attacks worldwide in the first half of 2026, up 33.3% from 39 incidents during the same period in 2025. Kidnappings rose to 16 from 12, while robberies declined from five incidents to one.

CertiK said the recorded financial exposure linked to the attacks reached about $124.1 million, up from $10.5 million a year earlier.

The increase in home invasions suggests criminals are increasingly bypassing digital safeguards by physically coercing crypto holders and their families.

FUD of the week

Hackers steal $31.6M in 2 crypto bridge attacks within 7 hours

Hackers stole more than $31.6 million across two unrelated crypto bridge exploits spaced just hours apart, targeting bridges operated by decentralized perpetual exchange AFX and Verus Protocol.

According to Blockaid, AFX, a decentralized perpetual exchange operating on Arbitrum, reportedly lost $24.15 million on Wednesday through a hack targeting one of its cross-chain bridges. Hours later, Blockaid said it detected an exploit targeting the Verus Ethereum Bridge that resulted in about $7.5 million in crypto being stolen.

“Another bridge, another exploit. Bridges will always be a weak link, until security is upgraded,” onchain investigator TheCrypticWolf said in a post on X.