The post Analyst flags CodexField over suspected $85M rug pull appeared on BitcoinEthereumNews.com.
Blockchain analyst Specter flagged that CodexField may be engaging in a rug pull scheme. More than $85 million in user funds has been tracked through a series of wallets on several blockchains through this investigation. In a Tweet dated July 9, Specter mentions that in his investigation, he discovered CodexField’s deposit contract (0x9E6A75b546B65E7B9D34E2c9aB8Fe224B9aA52AA) along with wallets that have recently brought $17.3 million worth of USDT from the TRON blockchain to Ethereum before the funds were then swapped for DAI on Polygon through Bitget Swap. Of the $17.3 million, $10.8 million has still not reached its destination, while $6.5 million has been successfully transferred. Inside the CodexField probe Specter raised concerns over the deposit arrangement used by the project, claiming that its multiple official CodexField domain addresses all led to the same deposit contract. Ac
The post Bitwise Reports Third Consecutive Crypto Market Decline as Tokenized Assets Reach Record Highs appeared on BitcoinEthereumNews.com.
Bitwise registered a third quarter in a row of crypto market declines as the Bitwise 10 Large Cap Crypto Index fell by 15.4% in Q2 2026. Volumes in prediction markets, tokenized real-world assets, and stablecoins reached historic levels despite weak market activity. In its report on Q2 2026, Bitwise noted that it was another tough quarter for digital assets despite growth in a number of blockchain verticals. The Bitwise 10 Large Cap Crypto Index fell by 15.4% in Q2 2026, marking another quarter in a row of crypto declines. Out of the ten constituent assets that form the index, eight saw declines over the course of the quarter. According to Bitwise, it is crypto’s third consecutive quarter in negative territory since late 2025. There were record outflows from Spot Bitcoin ETFs since the introduction of such financial instruments by the regulators.
The post Robinhood Chain did $570M volume on $21M of liquidity. The launch-week autopsy appeared on BitcoinEthereumNews.com.
Robinhood built a blockchain for tokenized stocks and institutional-grade real-world assets. In its first week, the chain did $570 million of volume against $21.68 million of liquidity, a 26-to-1 ratio that exists nowhere else in DeFi, and most of it was memecoin speculation. This is the launch-week autopsy: what the numbers actually show, what the chain was built for versus what it is being used for, and whether bought liquidity and degen volume can become a real economy. Summary Robinhood Chain processed $570 million in launch week trading volume with just $21.68 million in liquidity as memecoin activity dominated early network usage. The blockchain launched for tokenized stocks and real world assets but early growth was driven largely by incentive backed DeFi deposits and speculative trading. The report says Robinhood’s long term success will depend on whether
Robinhood built a blockchain for tokenized stocks and institutional-grade real-world assets. In its first week, the chain did $570 million of volume against $21.68 million of liquidity, a 26-to-1 ratio that exists nowhere else in DeFi, and most of it…
The post Former SWIFT executive denies XRP integration rumors appeared on BitcoinEthereumNews.com.
Former SWIFT Chief Innovation Officer Tom Zschach has rejected online claims that the global financial messaging network plans to integrate or support XRP. Summary Former SWIFT executive Tom Zschach rejected claims that the payment network plans to integrate XRP directly. SWIFT’s current blockchain project focuses on tokenized bank deposits and cross-border payment links between institutions. Ripple-related banks may join SWIFT pilots, but their involvement does not confirm XRP token adoption. Zschach responded to posts on X that claimed SWIFT would work with established public tokens rather than create its own digital asset. He described the alleged XRP integration as “not happening,” challenging another round of claims that lacked official confirmation. Former SWIFT executive rejects XRP claims The rumor claimed that SWIFT did not intend to compete with XRP and would instead support or
The post VI3NNA Declaration 2026 Calls for European Digital Asset Infrastructure appeared on BitcoinEthereumNews.com.
The VI3NNA Congress has published the VI3NNA Declaration 2026, a position paper urging Europe to build its own digital asset infrastructure. Industry representatives, regulators and academic partners developed the document following the inaugural VI3NNA Congress, held in Vienna in May. Representatives from digital assets, blockchain, artificial intelligence and regulation took part in the process, supported by an advisory board including Vienna University of Economics and Business (WU Vienna), Modul University, the University of Zurich, Bentley University and Boston Consulting Group. Partners included Bluecode, BitMEX, TaxBit and Black Manta Capital Partners. “The financial system is being rewritten, and much of it is being built on infrastructure that is not European,” said Oliver Schmitt, managing director of VI3NNA Congress. “The issue is not that Europe lacks talent
The post Metaplanet Launches Bitcoin, JPYC Backed Digital Credit System In Japan appeared on BitcoinEthereumNews.com.
Japanese Bitcoin treasury firm Metaplanet released news of a partnership to create a digital credit system using Bitcoin, JPYC’s stablecoin, and security tokens. For this initiative, Metaplanet Securities, JPYC Inc., and Progmat are collaborating. The initiative is designed to investigate blockchain-based credit products, from digital corporate bonds to credit products in general. Metaplanet Taps Bitcoin & JPYC For Digital Credit Framework According to a July 10 notice, the collaboration will integrate Metaplanet’s financial strategy based on the Bitcoin network with JPYC’s capabilities to settle stablecoins. In addition, Metaplanet said it will leverage Progmat’s security token infrastructure and Metaplanet Securities’ expertise in structuring and distributing financial products. Moreover, the study “spans the digital credit domain broadly, ranging from digital corpora
The post HSBC completes first tokenized structured product pilot for institutional investors appeared on BitcoinEthereumNews.com.
HSBC has completed its first blockchain-based issuance of a digitally native structured product, using tokenized U.S. dollar-denominated notes in a private placement for institutional investors in Hong Kong. Summary HSBC completed its first blockchain based issuance of a digitally native structured product through a private placement in Hong Kong. Marketnode supported the transaction by issuing the notes on blockchain and managing digital payment flows between HSBC and the investor. The pilot builds on Hong Kong’s growing tokenization efforts as financial institutions continue testing blockchain for capital markets. According to HSBC, the pilot transaction involved U.S. dollar-denominated structured notes issued in Hong Kong with support from Asia-Pacific digital market infrastructure operator Marketnode, which acted as both the tokenisation agent and digita
