Shyft has partnered with Accountable to integrate real-time cryptographic verification across its onchain wealth management platform, giving users transparent visibility into portfolio performance and asset health.

Through Accountable's Data Verification Network (DVN), every Shyft vault will feature continuously verified data, including asset value, NAV, returns, yield, market exposure, and portfolio positioning. The system already supports verification of more than $2.2 billion in assets while preserving institutional privacy through zero-knowledge proofs and confidential computing.

The integration replaces delayed audits and self-reported balance sheets with continuously verifiable proof of assets and liabilities across onchain and offchain infrastructure, without exposing sensitive information such as wallet addresses, API keys, or trading strategies.

The partnership reinforces the shift toward institutional-grade, self-custodial wealth management, where transparency is powered by cryptographic proof rather than trust.

July 2026 had 31 calendar days. Crypto got hacked on 17 of them, totaling $172.7M lost across 25 incidents. A late $38M Coldcard exploit on the 31st capped a top-heavy month, together with AFX Bridge ($24.15M), Ostium ($23.75M) and BonkDAO ($21.3M), the four biggest hits made up over 60% of the damage.

About 500 people who kept bitcoin on older Coldcard Mk3 hardware wallets were robbed. Around 594 BTC, roughly $38M, was swept out of their wallets in just 25 minutes.

Some Mk3 devices on older firmware skipped the chip's true random generator, so their secret keys came from predictable data instead. That let an attacker recreate the keys and drain the coins. Newer models like Mk4, Q and Mk5 are reported unaffected.

The flaw affects seeds made on Mk3 firmware 4.0.1 to 5.0.3. Maker Coinkite says there is no public proof yet directly tying the bug to this sweep, so treat the link as suspected, not confirmed. The BTC looks unrecoverable, passphrase-protected wallets are considered low risk, and Coinkite advises moving funds to a new seed on unaffected hardware. No token is involved.

New York has sued prediction-market platform Kalshi, calling it an unlicensed illegal gambling operation and seeking at least $36B in damages.

Kalshi runs markets where people trade yes/no contracts on real-world events like elections and sports. New York argues those are bets that need a state gambling license Kalshi never got, and wants it shut down in the state with its profits clawed back.

The suit, filed by Governor Hochul and AG Letitia James, also seeks triple civil penalties and $100K per offering, and says Kalshi exposed residents including minors. These are unproven allegations in a complaint, not a ruling, and at least four other states have already moved against Kalshi while the CFTC pushes back on state enforcement. There is no Kalshi token.

Kulipa, the Paris startup behind the rails for many crypto payment cards, is winding down over solvency issues, abruptly killing more than 120,000 cards across its partners.

Kulipa ran the behind-the-scenes plumbing that let wallets offer Visa-style spending cards. When it ran out of money, every card built on its rails went dead at once, and partners like Solflare, Ready and Flutterwave were cut off with no warning.

User funds are safe where the wallet was self-custodial. Solflare confirmed it never parked balances with Kulipa and is already building a replacement card with Apple and Google Pay support. Kulipa had raised about $9.2M in total (a $6.2M seed co-led by Flourish Ventures and 1kx) and had no token.

Simile, an AI startup that simulates human behavior, has raised $200M in a Series B led by Greenoaks at a $2B valuation, just five months after its $100M Series A.

Simile builds a human-behavior foundation model: AI that simulates how people and consumers would react to a product, price or decision, so enterprises can test choices before any real-world rollout. It has already run tens of millions of simulations for Fortune 100 firms.

Returning investors Index Ventures, Bain Capital Ventures and CVS Health Ventures joined the round, alongside new backer Definition. Founder Joon Sung Park, whose Stanford research pioneered generative agents, says revenue has grown fivefold since launch. Note this is a private AI company, not a crypto project, and it has no token.

KuCoin has launched its 9th Anniversary Trading Competition, "Beyond the Signal," featuring a reward pool of up to 650,000 USDT.

The trading competition includes four tracks, Spot, Futures, VIP, and Earn, and extends across the wider KuCoin ecosystem through KuCoin Pay, KuMining, and KuCoin Web3 Wallet.

Rewards also include KCS tokens, plus limited-edition gifts like a KuCoin x Tomorrowland set and an Adam Scott KuCoin golf bag, adding a collectible, real-world dimension to the digital prizes on offer.

The initiative reflects KuCoin's evolution from a pure trading platform into a broader digital asset ecosystem, reinforcing its position as one of the world's leading crypto exchanges, serving over 45 million users across 200+ countries and regions.

The market may have slowed down, but the pace of building hasn’t. This week brought another wave of infrastructure upgrades, regulatory progress and institutional expansion, showing that the industry’s long-term direction continues to strengthen even without major market moves.

🔎 Recent Updates & Developments

- BNY moves its $8.6T transfer-agency business onchain

- Morgan Stanley launches spot ETH & SOL ETFs with industry-low fees

- Samsung brings native stablecoins to Samsung Wallet

- SK Group & NVIDIA expand their $500B+ AI partnership

- Base launches Verify Onchain to stop Sybil attacks

- Securitize becomes a fully SEC-registered investment adviser

- World raises $52.5M to expand World ID adoption

- Binance US plans a CFTC license for prediction markets

12 projects. Nearly $2.9 billion in combined fully diluted valuation. All launched within last 2 months. o1 exchange tops the group at $485M, Re Protocol follows at $468M. The question is how many hold these valuations by winter.

SEC Chair Paul Atkins says the agency is ready, willing and able to write its own crypto market rules if Congress fails to pass the CLARITY Act, the comments coming in a CNBC interview this week.

The CLARITY Act would move most spot-token oversight to the CFTC and away from the SEC. It passed the House and cleared a Senate committee, but still awaits a full Senate floor vote that has slipped as the chamber turns to other priorities before recess.

Atkins stressed he still prefers a law, calling a statute the only way to make the rules durable across administrations so they do not shift with each new one. For now the SEC is only signaling readiness, not opening any formal rulemaking of its own. It is a notable backstop posture from a pro-crypto chair, and no company or token is being targeted.