QUID will officially launch on August 4 at 13:00 UTC, with trading set to go live on Binance Alpha, Bitget, Kraken, PancakeSwap, and other supported platforms.

Squid is a cross-chain interoperability protocol that enables seamless swaps, bridging, and smart contract calls across 100+ blockchains through a single integration.

TGE highlights include a pre-market price of approximately ~$0.069 ( FDV ~$69.4M). The public sale FDV is set at $45M, and the token will launch on the Base network.

Staking will be available immediately at TGE, while on-chain liquidity will launch on PancakeSwap Infinity on Base. The team also confirmed that the official QUID token exists only on Base and warned users to beware of fake tokens and scam airdrops.

Digital asset brokerage FalconX has laid off 10% of its global workforce as it prepares for an extended downturn in the cryptocurrency market.

The company is also reshaping its operations in Singapore, where it plans to focus on crypto derivatives trading and withdraw its license application with the Monetary Authority of Singapore (MAS), according to reports.

Despite the workforce reduction, FalconX said it will continue expanding its regulated business in Europe while maintaining its presence across the Asia-Pacific region. The move follows a series of acquisitions over the past 18 months, including Arbelos Markets, 21Shares, and bloXroute.

The layoffs come as several major crypto firms continue cutting costs amid a prolonged bear market, increasing operational pressure, and the rapid adoption of AI across the industry.

Mastercard has officially completed its acquisition of BVNK, strengthening its strategy to bridge traditional finance with digital assets and expand global stablecoin payment capabilities.

By combining Mastercard's global payments network with BVNK's stablecoin-native infrastructure, the company aims to enable financial institutions, fintechs, and enterprises to seamlessly move, manage, and convert value across fiat currencies, stablecoins, and tokenized assets.

The integration is expected to accelerate real-world stablecoin use cases, including cross-border B2B payments, remittances, payouts, settlement, and treasury operations, while providing secure, compliant, and interoperable payment infrastructure.

Mastercard said the acquisition reflects its vision of a multi-money future, where fiat currencies, stablecoins, and tokenized deposits operate together across a connected global payments ecosystem.

Cybersecurity startup Horizon3 has raised a $250 million Series E funding round at a $2 billion valuation, more than tripling its valuation in just 14 months. The round was led by returning investors NightDragon and NEA.

The funding comes as enterprises accelerate investments in cybersecurity amid the rise of AI-driven threats. Horizon3's NodeZero platform performs fully autonomous penetration testing, continuously scanning live production environments without disrupting operations, enabling organizations to identify vulnerabilities before attackers can exploit them.

The company said it has conducted more than 310,000 production security tests with zero operational disruptions, while approaching $100 million in annual recurring revenue (ARR) with 120% year-over-year growth.

With the new capital, Horizon3 plans to expand globally through new offices in Amsterdam, Australia, and Singapore, strengthen its partner ecosystem, and continue investing heavily in AI research and development. The company currently serves approximately 7,300 customers, ranging from managed service providers to Fortune 10 enterprises.

Cybersecurity startup Horizon3 has raised a $250 million Series E funding round at a $2 billion valuation, more than tripling its valuation in just 14 months. The round was led by returning investors NightDragon and NEA.

The funding comes as enterprises accelerate investments in cybersecurity amid the rise of AI-driven threats. Horizon3's NodeZero platform performs fully autonomous penetration testing, continuously scanning live production environments without disrupting operations, enabling organizations to identify vulnerabilities before attackers can exploit them.

The company said it has conducted more than 310,000 production security tests with zero operational disruptions, while approaching $100 million in annual recurring revenue (ARR) with 120% year-over-year growth.

With the new capital, Horizon3 plans to expand globally through new offices in Amsterdam, Australia, and Singapore, strengthen its partner ecosystem, and continue investing heavily in AI research and development. The company currently serves approximately 7,300 customers, ranging from managed service providers to Fortune 10 enterprises.

Reuters says Shelbit, an unlicensed Dubai exchange with Iran links, funneled at least $676M to Binance wallets, part of an alleged sanctions-evasion and gambling money network.

About $540M of that reportedly moved after Dubai regulators fined Shelbit in early 2025 for operating without a license. Binance says Shelbit never held an account with it, and that linked user accounts were investigated, frozen and reported to law enforcement.

Shelbit allegedly processed around $4B since May 2024, acting as a hub linking a Farsi-language gambling network, Iranian exchange Nobitex and suspected IRGC-linked wallets, per blockchain analysts cited by Reuters. This is an allegation built on third-party analysis, not a proven finding. Binance itself is not accused of wrongdoing, Reuters could not confirm direct IRGC control, and no token is involved.

The feed carries about ten accounts, including Trump and top officials, faster than normal notifications. That head start lets algorithms trade on policy news like tariffs before the wider market reacts, and reports say at least five firms have signed up.

The pitch is a speed edge: on April 9, 2025, Trump posted that it was a great time to buy, then hours later paused tariffs, and the S&P 500 closed up about 9.5% while Bitcoin jumped and hundreds of millions in crypto shorts were liquidated. Critics call the feed front-running, though nothing has been ruled illegal. Note this is the Truth API data product, not the separate $TRUMP memecoin, and no new token is involved.

South Korea's Bithumb, one of the country's largest crypto exchanges, is aiming to go public on Korea's KOSDAQ market around 2028, with a possible follow-on Nasdaq listing later.

The 2028 date is a stated target, not a fixed schedule, and an earlier 2025 IPO attempt was postponed. No valuation has been disclosed. Bithumb is a centralized exchange and this is an equity IPO, so there is no Bithumb token or airdrop involved.

The exchange split into two entities in July 2025, Bithumb Korea (the exchange, which pursues the listing) and Bithumb A (asset management), to simplify its structure ahead of a float. It has tapped Samsung Securities as underwriter and is upgrading internal controls while moving to K-IFRS accounting standards.

Former Pump.fun employees say they were laid off just before their PUMP token grants vested, forfeiting allocations reportedly worth over $1M for at least one of them.

Staff were promised PUMP tokens that become theirs only after a set time on the job. Ex-employees claim the company let them go right before those tokens unlocked, leaving them with nothing, even as founders and investors released tens of millions in PUMP to themselves around the same time.

There were two layoff rounds, in April and mid-July, the second reportedly hitting about 40 people. The grants were agreed in mid-2025 with a one-year cliff, so the first tranche was due to vest around June 2026. These are unverified allegations from former staff, Pump.fun (run by Baton Corporation) has not publicly responded, and the $1M figure is one ex-employee's own estimate. PUMP is a live token, so treat this as a labor and optics story, not investment advice.

The firmware flaw in Coldcard hardware wallets has now drained about 1,367 BTC, worth roughly $89M, from 4,585 wallets across three waves, per Galaxy Research.

A Coldcard is a physical device for holding bitcoin. A 2021 coding mistake quietly weakened the randomness of the seeds it created, so keys for thousands of wallets became guessable. Attackers computed those keys and swept the coins remotely, with the physical devices never touched at all.

The bug dropped seed entropy to about 72 bits instead of 128, making keys enumerable offline. It affects seeds generated on Mk3 (firmware 4.0.1+), and Mk4, Q and Mk5 before their fixes, not every Coldcard. Coinkite urges owners to move funds to a fresh seed on patched firmware. The total is a Galaxy Research estimate, cumulative and still climbing as of August 2, and there is no token involved.