The post AscendEX Shutdown Sparks Fresh Fears Over Customer Withdrawals appeared on BitcoinEthereumNews.com.
AscendEX halted operations as manual withdrawal reviews left customers uncertain about accessing their funds. ZachXBT questioned AscendEX’s liquidity, saying its hot wallets may not cover verified customer claims. AscendEX blamed financial strain and MiCA as its closure renewed concerns over exchange stability. Blockchain investigator ZachXBT raised fresh concerns after crypto exchange AscendEX announced it would shut down, leaving customers uncertain about whether they will be able to withdraw their funds. In a Telegam post, he said users with money still on the platform could face challenges getting it back, claiming the exchange’s publicly known hot wallets do not appear to hold enough liquid assets to cover verified multi-million-dollar customer claims. “AscendEX admits in its announcement withdrawals may or may not be processed,” ZachXBT wrote. He urged affected users t
The post EU Set to Revise MiCA in 2027 to Cover Foreign Stablecoin Issuers appeared on BitcoinEthereumNews.com.
In brief The EU is preparing to reopen its Markets in Crypto-Assets (MiCA) rulebook, likely in 2027, to regulate non-EU stablecoin issuers and broaden its scope, EU diplomats told Euronews. The push follows the U.S. GENIUS Act and President Trump’s promotion of dollar-backed stablecoins, which make up 95% of the market. The European Commission is consulting stakeholders until September 30 before deciding whether to formally reopen the law. The European Union is preparing to reopen its flagship crypto rulebook to bring non-EU stablecoin issuers under its supervision, as U.S. President Donald Trump’s embrace of dollar-pegged tokens unsettles European regulators, Euronews reported, citing several EU diplomats. MiCA, the bloc’s landmark crypto framework, only fully came into force on July 1, but officials already see a rewrite as inevitable. “Reopening the file seems unavoidable
The post EU to Reopen MiCA in 2027 to Cover Foreign Crypto Issuers appeared on BitcoinEthereumNews.com.
MICA News The European Commission is preparing to reopen the Markets in Crypto-Assets Regulation, the bloc’s landmark crypto framework known as MiCA, barely a week after the rules took full effect. The official consultation signals that the revision would extend supervision to non-EU crypto asset issuers and tokenized means of payment, with a formal proposal expected in 2027. The Commission is gathering stakeholder feedback through September 30 as it weighs whether to formally reopen the file, though lawmakers increasingly view a review as inevitable. The move indicates that Europe intends to close structural gaps before its rulebook hardens into the global compliance benchmark for digital assets circulating across member states. At the center of the review lies a supervisory blind spot: MiCA does not specifically govern non-EU companies that issue crypto assets while operating insid
The post Asia’s gambling laws squeeze crypto prediction markets appeared on BitcoinEthereumNews.com.
Asia’s ongoing repression of cryptocurrency prediction markets is channeling investment, liquidity, and innovation to Western nations that opted for regulation. In a report dated July 8, the Web3 research firm Tiger Research suggested that the characterization of prediction markets as unlawful gambling is hindering Asian countries from enjoying a thriving blockchain market. Instead of stopping demand, the legal constraints merely push users and business transactions onto international platforms and diminish consumer safety. The growth of the sphere has been fueled by crypto-native platforms like Polymarket, where trades are settled on-chain. Tiger Research estimates that the volume of trade exceeds $14 billion every month; moreover, the leaders in the industry have an overall value of $40 billion. According to the report, Prediction markets sell contracts that pay $1 if an event takes p
The post AI Trading Platform Launches on Sui with WaterX appeared on BitcoinEthereumNews.com.
A brand-new AI trading platform is making its debut on the Sui blockchain — and the crypto world is paying attention, even if the numbers haven’t moved yet. On July 8, 2026, WaterX announced itself as an AI-native trading gateway, combining perpetual contracts, prediction markets, and real-world assets into a single interface. The ambition is real. So is the challenge of proving it. Key takeaways WaterX launched as an AI-native trading gateway on the Sui blockchain on July 8, 2026. The platform integrates perpetual contracts, prediction markets, and real-world assets (RWAs) in one interface. WaterX is part of the Sui Moonshots program, backed by the Sui Foundation. At launch, trading volume stands at zero — the platform is in its early rollout phase. WaterX Predict is the platform’s AI-driven tool drawing early attention from traders and institutions. What WaterX Is Building on Sui Most crypto
The integration of crypto in the 2026 World Cup could redefine sports fan engagement and set a precedent for future blockchain applications.
The post FIFA World Cup 2026 meets crypto as Canada’s co-hosting sparks blockchain fan engagement appeared first on Crypto Briefing.
The post UN Blockchain Week 2026: The Premier Blockchain Gathering Redefining Global Innovation During UNGA and NYFW appeared on BitcoinEthereumNews.com.
UN Blockchain Week is emerging as the must-attend blockchain event of the year. This premier 10-day gathering in New York City from September 10–19, 2026, is perfectly timed with the United Nations General Assembly (UNGA) and New York Fashion Week (NYFW). It brings together blockchain leaders, policymakers, high-net-worth investors, heads of state, and visionaries at the powerful intersection of Bitcoin, AI & Energy, Space, and fashion-tech. The event features a flagship premiere 2-day conference on September 16–17, followed by BitcoinPalooza as its official evening after-party. What Sets UN Blockchain Week Apart in the Blockchain Event Landscape? UN Blockchain Week stands out as the only major blockchain event synchronized precisely with UNGA and NYFW. It moves beyond standard conferences by delivering direct engagement with world le
The post Hyperliquid Leads Push for Onchain Perps Beyond Crypto: Pantera appeared on BitcoinEthereumNews.com.
Perpetual futures are on track to become one of the dominant trading instruments in global finance, with decentralized exchange Hyperliquid demonstrating how blockchain-based infrastructure could challenge traditional markets, according to Pantera Capital. The blockchain-focused asset manager said in a Wednesday X post that perpetual futures offer structural advantages over traditional derivatives, including 24/7 trading, no contract expiries, simpler position management and continuous price discovery, making them increasingly attractive beyond crypto markets. Pantera, an investor in the Hyperliquid ecosystem, said Hyperliquid has become the leading example of that shift by expanding perpetual futures beyond cryptocurrencies into equities, commodities and stock indices as part of founder Jeff Yan’s vision of “housing all of finance.” Hyperliquid’s growth has drawn attention fro
