- Bitcoin holds near $63,462 as total crypto market cap rises to $2.24 trillion.
- Bits of Gold breach exposes 200,000 customers at Israel’s top crypto broker.
- Jane Street lost $15 billion in July, its first monthly loss since 2016.
Bitcoin traded near $63,462, up 0.5% over the past 24 hours and down 2.5% for the week, while Ethereum held around $1,901, up 1.0% on the day and down 1.1% weekly. XRP traded near $1.00, down 3.1% for the week, and Solana climbed to $75.47, down 1.6% weekly. Hyperliquid’s HYPE token gained 3.5% to $58.86, up 8.7% for the week.
Total crypto market capitalization stood at $2.24 trillion, down 0.4% over the past day.
Trending Searches
Portal surged 72.5% to lead trending searches, followed by Pudgy Penguins, and Uniswap, up 1.0%. Among top gainers, Chinese-language meme token Niu Lai jumped 135.8% after briefly topping a $40 million market cap before pulling back to $31.8 million, while MowCat added 115.8%.
Two Major Crypto Data Breaches Surface
Bits of Gold, Israel’s largest regulated crypto broker and holder of the country’s first VASP license, disclosed a data breach exposing personal information for roughly 200,000 customers. The company was approved earlier this year to issue BILS, a shekel-pegged stablecoin.
Separately, wallet provider SafePal confirmed a vulnerability in its order tracking plugin exposed information for nearly 40,000 customers who placed orders between March 2025 and April 2026, though the company said seed phrases and private keys were unaffected.
On-chain analyst Specter questioned SafePal’s timeline, noting the vulnerability likely existed since April or earlier but wasn’t disclosed until Trezor announced its own breach, with some users reportedly already hit by phishing attempts before SafePal went public.
Jane Street’s Worst Month Since 2016
Wall Street trading firm Jane Street lost approximately $15 billion in July after AI hedge fund Situational Awareness, run by former OpenAI researcher Leopold Aschenbrenner, suffered a margin call that forced the liquidation of most of its stock portfolio to Citadel.
Jane Street, an investor in the fund, called July a “bad month” in an internal memo, though the firm noted its year-to-date trading revenue still exceeded $40 billion, already surpassing all of last year. AI-related memory and semiconductor stocks fell roughly 50% during the month.
UBS Sharply Increases Bitcoin ETF Exposure
UBS raised its BlackRock IBIT call option holdings more than 24-fold, from 80,000 contracts in Q1 to 1.95 million contracts in Q2, while cutting put option exposure by roughly 53%. The Swiss banking giant, which manages more than $7 trillion in assets, has been preparing Bitcoin and Ethereum trading services for Swiss private banking clients, though filings didn’t clarify whether the options shift ties directly to client demand.
Whales Accumulate UNI
CryptoQuant analyst Darkfost flagged that Uniswap’s UNI token, down more than 93% from its 2021 high, is seeing its strongest whale accumulation in five years. The largest outflow transactions from Binance have averaged around 7,300 UNI daily, a five-year record, with large holders still pulling roughly 5,600 UNI per day even at current depressed prices.
Apple Patches Critical macOS Vulnerability Exploited for Mining
Apple issued emergency patches for a critical macOS screen-sharing vulnerability that attackers were actively exploiting to gain root access and deploy Monero mining software on exposed Macs. Researchers reportedly built working exploits for the flaw, and a related one, in just four hours using AI tools, underscoring how quickly AI is compressing the gap between vulnerability discovery and active exploitation.
Corporate and Institutional Moves
Stripe finalized a deal to acquire AI startup OpenRouter for more than $7 billion. Anthropic’s IPO valuation talks reportedly hinge on a 2028 revenue forecast of $190-200 billion, with investors valuing the company on unusually long, two-year-forward multiples given its rapid growth trajectory.
Related: Binance Bans 11 More Crypto Platforms: Is Your Exchange on the List?
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