Boltz has disabled its swaps indefinitely after months of automated, AI-assisted attacks outpaced its small team's ability to patch bugs. Boltz is the trustless engine that lets wallets swap between Bitcoin, Lightning and Liquid.

Because it never holds your coins, no user funds were lost or at risk, and Boltz itself absorbed the cost of the exploits. This is a pause until further notice, not a permanent shutdown.

Boltz says attackers now iterate faster than a team its size can find and patch, and that it cannot responsibly re-enable swaps for now. AI-assisted here means automated probing that surfaces bugs quickly, not an AI breaking Bitcoin. Refunds are still processed through the API and can also be claimed unilaterally, and wallets that used Boltz, like Aqua and Bull Bitcoin, are lining up other swap rails.

BSTBL and BRSRV are built as onchain reserve assets that stablecoin issuers can hold to back their coins. These wrap money-market funds, which hold cash and US Treasuries, as blockchain tokens, so stablecoin firms can hold them as reserves and settle onchain.

Both are structured to qualify as eligible reserves for payment stablecoins under the GENIUS Act. BSTBL is issued on Ethereum via BNY Mellon, and BRSRV is multichain via Securitize.

Importantly, this is not a BlackRock stablecoin but a set of backing vehicles for issuers, and the shares are institutional-only for whitelisted wallets, so there is no retail token or airdrop. For context, BlackRock already manages about $60B in reserves for Circle, and its BUIDL fund holds over $2.6B, as tokenized Treasuries have grown to roughly $16B.

DeFiLlama has launched an official mobile app for iOS and Android, putting its LlamaAI analyst in your pocket to build charts and dashboards from a single prompt.

DeFiLlama is the most-used free dashboard for DeFi data like TVL, yields and perps. In the app you type a plain-English question and LlamaAI returns live crypto charts and analysis, instead of building the view by hand. App users also get extra free queries.

LlamaAI itself is not new, having launched in late 2025, so the fresh part here is the mobile app, and being new it may have some beta rough edges. DeFiLlama has no token, and it warns users to avoid fake copies and download only from its official site. There is no airdrop involved.

Cobalt follows the Beryl upgrade and brings three headline features: gas sponsorship, batch calls and session keys. Base is building it with Optimism and WalletConnect for wider EVM rollout. No token is tied to the upgrade, so there is no airdrop.

Smart accounts let apps cover your gas, bundle several actions into one click and remember permissions, without you holding ETH or approving every step. Cobalt builds this in via EIP-8130, so features that need add-on software today become native. A USDC transfer uses about 63% less gas than with ERC-4337.

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.