The attack on oil tankers has led to a significant increase in insurance costs for shipping in the Strait of Hormuz, resulting in a decrease in shipping activities

The Seoul Southern District Court in South Korea has made a first instance judgment on a fraud case involving the application of the Virtual Asset User Protection Act, sentencing Park, who planned the Meme Coin Rug Pull scam, to 4 years in prison, and two accomplices to 2 years and 6 months in prison, 3 years in prison, and 5 years probation. The defendant issued Meme coins through Pump.fun and spread false information, causing the coin price to rise by about 1001 times within 26 hours, attracting about 6000 investors to buy and sell for cash. The gang invested about 10 million Korean won in costs and illegally profited about 400 million Korean won.

Binance launches Alpha O trading competition, offering a $200000 prize pool. Users need to click Join on the Binance App activity page to participate, and only the buying volume will be counted. Qualified traders can unlock a 1.2-fold trading volume bonus, and on the first day of trading, they can enjoy a 3.0-fold early participation bonus. （Binance Wallet）

HyperliquidNews reported on the X platform that the number of open contracts for HIP-3 has reached a historic high.

The Hacken report shows that in the second quarter of 2026, 67 security incidents in the Web3 domain resulted in a loss of $763.9 million, of which 88.3% (approximately $674.5 million) were due to key and infrastructure damage. Smart contract vulnerabilities accounted for 44 incidents and 11% of the total losses. About 75.5% of the losses came from two incidents attributed to North Korean threat actors, with 14 audited agreements being invaded. Leo Fan stated that the audit does not cover signature devices and infrastructure, while Samuel Videau pointed out that nearly 90% of the losses come from keys, signers, and infrastructure. Multiple officials have suggested adopting layered defense, and Leo Fan expects that operational access control attacks will continue to dominate losses in the second half of 2026.

Lyn Alden's Orange Juice has raised $40 million in funding, led by Ricardo Salinas. The project aims to build capital alternatives to traditional private equity based on Bitcoin.