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Trust Wallet initiated a compensation program for users affected by the browser extension exploit, allocating $7 million to cover losses from the incident.
The Bitcoin market saw significant whale activity following BTC's breakthrough above the $100K milestone. Data showed approximately 80,000 BTC were offloaded during July, with Galaxy Digital being a notable participant in these large-scale transactions. This wave of selling from major holders raised questions about market sentiment at key price levels.
On the DeFi side, liquidity continues attracting attention. Analysts from SharpLink highlighted ETH's total value locked could experience a tenfold expansion through 2026, reflecting optimism around Ethereum's ecosystem growth and capital inflow potential.
Meanwhile, institutional banking friction persisted, with major financial institutions implementing account freezes—a recurring tension point between traditional finance and the crypto sector.