Author: AltCoinDrops.com

Unlike the countless new blockchains whose initial hype fades within a month, Robinhood Chain isn’t following that typical script.Barely three weeks after its public mainnet went live, developers are building on it faster than most infrastructure I’ve tracked this year, and after digging into why, I don’t think it’s hard to understand the pull.Robinhood Chain is an Ethereum layer 2 backed by Robinhood, built on Arbitrum using what’s called the Orbit stack, a framework that lets developers launch their own customizable layer 2 or layer 3 chains rather than building consensus infrastructure from scratch. It went live on July 1,…

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Kraken parent Payward has partnered with fintech infrastructure provider GTN to expand its xStocks tokenized equity platform beyond U.S.-listed stocks and exchange-traded funds. Summary Payward and GTN will take xStocks beyond U.S. equities, starting with Hong Kong-listed shares globally. GTN will provide execution, custody and record-keeping infrastructure across more than 90 international financial markets. xStocks has grown past 500 tokenized assets and $37 billion in transaction volume since launch. The companies will start with equities listed in Hong Kong before targeting the UK, Europe, South Korea and other markets. The expansion will depend on local regulatory approvals and licences, according…

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Three progressive organizations, Indivisible, Demand Progress, and the Revolving Door Project, sent a letter Tuesday evening to every Democratic Senate office, criticizing Sen. Kirsten Gillibrand over her son’s ties to the crypto industry. The move complicates her effort to broker a compromise on the CLARITY Act unresolved ethics provisions. It also signals that Senate Democrats backing the bill face an organized political campaign, not just a policy disagreement. LATEST: Sen. Gillbrand is facing tremendous blacklash from progressives over CLARITY Act ethics rules, per Axios.Progressive groups including Indivisible and Demand Progress have launched a blistering campaign against Sen. Gillibrand, claiming her…

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Key highlights:Jefferies maintained its $825 price target on Meta, citing smart glasses as a multi-billion-dollar long-term growth opportunityThe firm believes AI-powered wearables could become Meta’s next major revenue driver beyond digital advertisingMeta continues to expand its AI hardware ecosystem as competition in consumer AI devices intensifiesMeta Platforms (META) received another vote of confidence from Wall Street after Jefferies reaffirmed its $825 price target, arguing that the company’s growing smart glasses business could evolve into a multi-billion-dollar revenue opportunity over the coming years.The bullish outlook reflects growing optimism that Meta’s investments in artificial intelligence and wearable technology are beginning to create…

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Global logistics is built on movement, but it is also built on information. Every shipment generates a trail of documents, approvals, tracking updates, invoices, customs records, and handoffs between different organizations. When those systems do not communicate effectively, delays and mistakes can quickly follow.Blockchain technology has the potential to change this by creating a more transparent and secure way for logistics companies, suppliers, carriers, and customers to share information. While the technology is still developing, its possible applications could reshape how goods are transported around the world.Creating Greater TransparencyOne of blockchain’s biggest potential advantages is its ability to create a…

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Balance Coin (BLC), an algorithmic stablecoin designed to track the U.S. dollar, lost more than 99% of its value after blockchain security firms reported a suspected exploit involving 42DAO. Summary Balance Coin lost more than 99% after security firms linked its collapse to 42DAO exploit. Attackers reportedly minted unbacked BLC before swapping tokens for USDT and BTCB through PancakeSwap pools. Two suspicious transactions on BNB Chain reportedly extracted about $915,000 as Balance Coin rapidly depegged. PeckShield said the incident caused about $915,000 in losses and linked the BLC collapse to an exploit affecting 42DAO, the decentralized organization connected to the…

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Spain won the 2026 World Cup with a dramatic 1-0 extra-time victory over Argentina, leaving trader gud.hl empty-handed after risking their entire $5.2 million position on an Argentine win.While crypto traders get wrecked by leverage on bad calls all the time, losing a fortune on a single football match is a whole different level of pain to watch unfold. According to an Arkham post on X tracking the position, the bettor lost everything the moment the final whistle blew.What makes this loss sting even more is where that money came from. gud.hl had reportedly staked almost the entirety of his…

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Russia’s State Duma has moved crypto regulation toward its final legislative stage, advancing a bill that would establish formal rules for mining, exchanges, and cross-border settlement activity. The bill, listed as No. 636524-8, is aimed at creating a statutory framework for parts of the digital asset sector that have already become active inside and around Russia’s economy. The measures include mandatory registries for industrial miners, licensing requirements for crypto exchanges, and legal treatment for certain cross-border settlement uses. That makes the legislation important even for markets outside Russia. Crypto regulation is increasingly becoming a matter of national payment strategy, energy…

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Ethereum whales remain comfortably in profit, but rising exchange deposits and ample liquidity could keep selling pressure elevated. CryptoQuant contributor PelinayPA said Ethereum’s Whale Net Unrealized Profit/Loss (NUPL) remains above zero. This means large holders are still sitting on unrealized gains. However, the metric has not yet reached the extreme levels seen at previous market tops. That suggests whales have not entered the profit zone that typically leads to heavy selling. “Whales are not yet at the psychological threshold that typically triggers heavy profit-taking,” the analyst said. Although their unrealized profits are gradually shrinking, the current trend does not resemble…

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The FBI arrested Zyaire Wilkins, 21, of North Lauderdale, Florida. Prosecutors say he paid for malware that was embedded in eight games on Steam. The malware stole crypto from about 8,000 hacked computers over about two years. A federal complaint says the infected titles passed Steam’s review process but became malicious later through updates. Steam games hid an infostealer The malware was an infostealer. During gameplay, it silently collects stored passwords, current session tokens, and information from crypto wallets. The infections were distributed among eight titles from May 2024 to February 2026. The games are BlockBlasters, Dashverse, Lunara, PirateFi, Chemia, Lampy,…

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