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Binance Outlines Three Key Priorities for Indias Growing Crypto Market

Binance believes regulatory cooperation plays a key role in the Indian crypto market. Through crypto education, the company intends to make all Indians aware of crypto.Community engagement is a priority for the markets long-term growth. 　　India is now reportedly one of the largest crypto markets in the world. Millions of users in the country continue to adopt digital assets despite existing regulatory challenges. Amid the countrys growing demand for digital assets, many crypto exchanges, including Binance, are focusing on India as a key market for long-term expansion.　　Today, during an exclusive interview with Entrepreneur India, Binance‘s Head of APAC, SB Seker, revealed three core areas the exchange focuses on while expanding in the Indian crypto market. According to the company, these priorities, including regulatory cooperation, crypto education, and community engagement, will help boost the country’s crypto ecosystem.　　Binance India Focuses on Regulatory Compliance　　As noted by Seker, regulatory compliance remains Binances top priority in India. Although India still lacks a comprehensive crypto regulatory framework, the country boasts solid licensing rules. To comply with these regulatory requirements in India, Binance maintains its FIU-IND registration. The exchange also follows anti-money laundering (AML) rules of the country.　　In addition to meeting regulatory standards, Binance is also working

07-23انڈسٹری

Banxa And LI.FI Connect Fiat Payments To 60+ Blockchain Networks

Banxa, a compliant fiat-to-crypto payment infrastructure firm, has integrated LI.FI, a cross-chain bridging and liquidity infrastructure entity. The integration aims to streamline access to cutting-edge digital assets across over 60 blockchains via a single transfer. The partnership permits users to shift from fiat to on-chain assets of choice without any manual swapping or bridging of assets. The development is poised to utilize the liquidity infrastructure of LI.FI to remove technical complexities of cross-chain transfers.　　LI.FI Integration Improves Cross-Chain Asset Accessibility on Banxa　　LI.FI‘s integration into Banxa underscores the growing interest in effective and seamless on-chain experiences amid the continuous evolution in the world of digital assets. Thus, Banxa’s ecosystem of up to 400 collaborators will leverage the liquidity routing mechanism of LI.FI. The integration permits consumers to buy more than 300 crypto assets as well as other assets on-chain, with the platform automatically determining the most effective route in the background.　　Simultaneously, the intent-based execution model eliminates the requirement for separate moves like buying, swapping, and bridging assets ahead of moving to the intended destination. Additionally, LI.FIs infrastructure has reportedly processed over $81B in transfer volume across more than 100M transfers. The platform also reported nearly 99.9% uptime as well as over 98%

07-23انڈسٹری

APT Price Prediction: Coiling Below $0.63 With a Long Squeeze Primed — Bears Hold the Edge

APT is pinned at $0.62 in a textbook compression zone while open interest bleeds 6% and aggressive sellers dominate the tape — the stacked resistance wall at $0.63–$0.64 is rejecting every push, an…　　The Immediate Setup　　APT opened the UTC Wednesday session without urgency and without direction — and that indecision is itself the signal. Price is pressing against the SMA 20 at $0.62 with the kind of listless price action that precedes a sudden, violent resolution. The daily range today ($0.60–$0.63) is compression at its most obvious: Bollinger Bands tightening, EMAs converging, and momentum indicators sitting dead at mid-range where neither side has conviction. Buyers aren‘t stepping in with size. They’re testing. And every test so far has been sold into.　　The macro context makes this worse for bulls. APT is trading nearly 37% below its 200-day SMA, which is parked at $0.98 — a number so far away it barely registers as a relevant reference point. This isn‘t a token in healthy consolidation; it’s a token in a structural downtrend catching its breath. As tracked across the broader Layer-1 landscape at Blockchain.news, Aptos has produced no fresh fundamental catalyst in the current news cycle to justify a reversal bid. That puts

07-23انڈسٹری

Changpeng Zhao Ignored This One Market, Now It Is Worth Over $311 Billion

Changpeng Zhao (CZ) missed one of cryptos biggest markets. The Binance founder now admits he misjudged the stablecoin market for years.　　He told the Talking Tokens Podcast that he wrote them off. Today those tokens are worth more than $311 billion.　　CZ Says He Missed the Stablecoin Boom　　Zhao spoke on the Talking Tokens podcast. He looked back at the calls he got wrong. Leaving Binance gave CZ time to study the market again.　　Stablecoins are crypto tokens tied to the US dollar. Each one aims to stay worth about a dollar. Traders use them to move money fast, day or night.　　He is blunt about what he got wrong.　　“when I was running Binance, I actually kind of missed stablecoins. I didnt think stablecoins will get that big, but they actually have.”　　Follow us on X to get the latest news as it happens　　A Temporary Patch Job That Became a Giant　　Changpeng Zhao saw stablecoins as a quick workaround. He thought they only moved money between exchanges. He was wrong.　　“I thought that was a temporary patch job technology just to bridge some transactions between crypto exchanges, but then got big…”　　Stablecoins were tiny when Binance launched in 2017. Now the market tops $311 billion. Tether (USDT) leads with

07-23انڈسٹری

BlackRock, Coinbase, Strategy back $15M Bitcoin Security Consortium

Some of the world‘s largest financial institutions and Bitcoin-focused companies have launched the Bitcoin Security Consortium, pledging a combined $15 millionover the next three years to support Bitcoin’s long-term security and resilience.　　The founding members include BlackRock, Coinbase, Fidelity Digital Assets, Strategy, ARK Invest, Anchorage Digital, Block, Blockstream, and Galaxy.　　The group said it will help fund Bitcoin developers and researchers, with a particular focus on long-term security initiatives such as post-quantum cryptography.　　Consortium pledges $15M to strengthen Bitcoin security　　The consortium said each member will independently direct funding to the developers, researchers, and organizations it chooses, rather than pooling funds under a central body.　　Its day-to-day activities will be coordinated by Mike Schmidt, executive director of Bitcoin development non-profit Brink, who will serve in a volunteer capacity.　　According to the announcement, the initiative is designed to support the developers already maintaining Bitcoin while providing investors, the public, and the media with reliable information about the networks long-term security efforts.　　“As long-term holders, we have every incentive to see Bitcoin remain secure for generations,” Strategy CEO Phong Le said. “Funding the people who do this work, and helping inform the conversation around it, is a natural way for us to contribute.”　　The consortium stressed that it will not

07-23انڈسٹری

SEC settles Coinbase suit over ‘text messages that disappeared’

The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency at the height of the Biden-era SEC crackdown on crypto.　　The agreement, filed on Wednesday, ends a two-year lawsuit between the SEC and Coinbase, in which the crypto exchange sought internal documents from the regulator to uncover evidence of “crypto by enforcement.” An internal report in 2025 revealed the SEC had deleted nearly a year of former SEC Chair Gary Genslers texts due to “avoidable” errors.　　“The agency tasked with policing corporate record-keeping somehow lost reams of its own text messages between Mr. Gensler and other officials during the most intense period of the anti-crypto campaign,” said Coinbase chief legal officer Paul Grewal in an op-ed published by the Wall Street Journal on Wednesday, adding that the SEC will pay a $150,000 “award” and has fixed its record retention policies.　　The settlement marks another legal victory for Coinbase under the Trump administration. The SEC, under the leadership of Paul Atkins, has taken a more crypto-friendly approach and dropped several high-profile enforcement actions against crypto companies, including Coinbase, in 2025.　　Related: Coinbase chief legal officer to transition to advisory role on

07-23

Ripple Backs Clarity Act as Bill Heads to Senate Vote

A big crypto bill just cleared another step. It‘s called the Clarity Act, and it’s now ready for a vote in front of the whole Senate. The Clarity Act is 616 pages long. It sets rules for digital assets like Bitcoin and other crypto tokens. Right now, the U.S. has no clear federal rulebook for crypto and this bill would create one.　　Under the bill, the CFTC would oversee most crypto tokens. The SEC would still handle tokens that act more like securities, such as company stock. The bill also adds rules to fight money laundering, protect everyday users, and set clear steps for what happens if a crypto company goes bankrupt.　　The bill already passed the House back in July 2025. It passed the Senate Banking Committee in May 2026. Now its waiting for a vote from the full Senate.　　Why Supporters Want It Passed　　Coinbase CEO Brian Armstrong said the bill is the result of thousands of hours of work from both political parties. He said the current lack of rules lets bad actors, like the collapsed exchange FTX, hurt everyday customers. Without clear laws, he said, much of the crypto industry has moved offshore, outside U.S. oversight.　　Ripple‘s chief legal officer, Stuart

07-23

Multicoin Capital Unstakes 211,486 HYPE — A Sign of Market Shifts

The crypto market just witnessed a bold move that caught serious attention. Multicoin Capital appears to be taking profits on 606,091 $HYPE, valued at approximately $36.5 million, which they bought around $30 five months ago. This significant action comes as Multicoin deposited 395,570 $HYPE worth about $23.78 million into CoinbasePrime and requested to unstake an additional 211,486 $HYPE valued at $12.94 million, as reported by Lookonchain.　　Breaking It Down　　Market dynamics have shifted as Multicoin Capitals recent actions signal potential changes in trader sentiment around $HYPE. This profit-taking strategy indicates that major players may be looking to secure gains amidst a backdrop of mixed signals in the broader crypto landscape. The current price remains around $0, but the volume is notably absent, hinting at thin trading flow as traders await further developments. As the market absorbs this news, many will be watching closely for further movements from Multicoin and other large stakeholders in $HYPE.　　Key TakeawaysMulticoin Capital took profits on 606,091 $HYPE valued at $36.5 million. The firm deposited 395,570 $HYPE into CoinbasePrime. They requested to unstake 211,486 $HYPE worth $12.94 million.　　The Numbers　　Despite the lack of trading volume currently reported, Multicoin‘s actions could set the stage for future movements in $HYPE and influence

07-23

950K Contacts Back CLARITY Act as Coinbase CEO Says Bill Is Ready for Full Senate Vote

Crypto Advocates Escalate Pressure on Senate　　Stand With Crypto, a Coinbase-backed grassroots crypto advocacy group, said on July 22 that supporters have made 950,000 contacts and counting with members of Congress as the campaign to advance the CLARITY Act enters a decisive stage.　　The group described the bipartisan legislation as a consumer-focused measure that has been years in the making and urged senators to take up the bill.　　Coinbase CEO Brian Armstrong joined the push during a visit to Capitol Hill, thanking the groups members for contacting their representatives and urging lawmakers to complete work on the legislation.　　Armstrong wrote on X on July 22:　　“The Clarity Act is ready for a full Senate floor vote.”　　The campaign follows the release of updated CLARITY Act text by Senator Cynthia Lummis (R-WY) after negotiations involving the Senate Banking and Agriculture committees.　　The revised text also includes ethics provisions that would prohibit covered federal officials, including the president, vice president, and members of Congress, as well as their spouses, from issuing or sponsoring digital assets for compensation while in office. Officials could comply by divesting affected holdings or placing them in a qualified blind trust. The restrictions would expire Jan. 20, 2029.　　Armstrong Sees Floor Action Within Weeks　　In a video

07-23

SecondFi to wind down after $2.6M ADA theft linked to wallet flaw

Cardano-based wallet SecondFi is preparing to shut down after a security breach exposed issues around wallet security and left hundreds of users awaiting recovery options.　　SecondFi said it will wind down SecondFi and Yoroi wallet services after attackers stole about 16.1 million ADA, worth roughly $2.6 million, due to a cryptographic flaw in its wallet software, according to an update published on Wednesday.　　The platform said an independent investigation by blockchain intelligence provider Groom Lake identified a sophisticated external actor behind the attack and found indicators potentially linked to North Koreas Lazarus Group, although no attribution has been confirmed. It added that the breach hit 374 wallets.　　The update came nearly a month after SecondFi first disclosed the exploit in late June, with victims still waiting for recovery tools and migration options that the company says are now targeted for release in August.　　SecondFi plans recovery tools as users await next steps　　SecondFi said it is developing a recovery tool based on zero-knowledge proofs to help exploited users recover assets while limiting the information they need to share.　　The tool is still undergoing testing and will be reviewed by a third-party auditor before its planned release in August.　　The platform is also preparing wallet export functionality that

07-23انڈسٹری

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