Ether Machine and Dynamix mutually terminate their SPAC merger, scrapping a planned $1.5 billion yield-bearing ETH fund. The collapse reflects mounting pressures on Ethereum treasury strategies amid unfavorable market conditions.
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APAC nations hold nine of the top 20 spots in the 2026 crypto adoption ranking while Bitget revised its breach figure to about $387.5 million from an initial $351.6 million. Regional banks are also testing 24-hour settlement and blockchain bond issuance.
Bitmine Immersion Technologies purchased 28,086 ETH last week, reaching 97% of its goal to hold 5% of Ether's supply with 5.93 million ETH now in treasury. The move comes as the company reports $15.7 billion in assets and $330 million in annualized staking revenue but faces a $5.1 billion unrealized loss on its holdings.
Robinhood launched Robinhood Chain on July 1, 2026, as an Ethereum layer-2 network using Arbitrum technology to support tokenized stocks, ETFs, and DeFi applications. It enables developers to build on-chain financial products with reduced fees while blending traditional finance exposure through Stock Tokens that do not grant legal ownership.
Robinhood Chain has posted more than $1 billion in first-week DEX volume while its TVL soared millions of percent on memecoin momentum; Circle obtained a national trust bank charter and crypto legislation inches forward with a possible Clarity Act draft next week.
Paradigm has closed a $1.2 billion fund targeting startups in crypto, AI, robotics and other emerging technologies while continuing to center digital assets. The vehicle reflects colliding frontiers in technology and arrives as crypto builders create tools that let AI agents transact with minimal oversight.
