Binance extends Monitoring Tag to AEUR, PYR, SCRT, and VANRY on July 3, 2026

The post Tether USDT Burn Marks Largest Ethereum Reduction in 2026 appeared on BitcoinEthereumNews.com. On July 7, 2026, Tether executed a $2.5 billion USDT burn on the Ethereum network — its largest single reduction of stablecoin supply since February 2026. The move landed the same day Binance’s USDT balance on the Tron network slipped below a key threshold, raising questions about what these two simultaneous shifts say about stablecoin liquidity and cross-chain dynamics heading into mid-2026. Key takeaways Tether burned $2.5 billion worth of USDT on Ethereum on July 7, 2026, its largest single burn since February 2026. Binance’s USDT balance on the Tron network fell to approximately $806 million, dropping below the $1 billion mark. That Tron balance represents Binance’s lowest USDT holding on the network since December 29, 2025. USDT burns are typically linked to treasury management and cross-chain rebalancing, not to supply destruction in the traditional sense. Analysts flagged the

The post Binance Crypto Payments Surge 114% in One Year appeared on BitcoinEthereumNews.com. Something quietly significant is happening inside the world’s largest crypto exchange. Binance crypto payments have surged 114% over the past year, a jump that goes well beyond a single platform milestone — it signals a genuine shift in how people are actually using digital assets in their daily financial lives. Key takeaways Binance recorded a 114% increase in crypto payments over the past year, reflecting rapid growth in real-world usage. The median payment size on Binance Pay rose from $10 to $18, suggesting users are transacting with greater confidence and larger amounts. Stablecoins dominate the payment landscape on the platform, serving as the primary asset class behind the volume growth. Binance views the surge as evidence of growing mainstream confidence in cryptocurrency as a functional payment method, not just a speculative asset. Market observers are watching how this payment growth

The post Secret Network SCRT Migration to Arbitrum Highlights Risks appeared on BitcoinEthereumNews.com. Secret Network is pushing for one of the more dramatic moves in the Cosmos ecosystem: a full Secret Network SCRT migration from its current Cosmos-based chain to Arbitrum, the Ethereum layer-2 network. The proposal, published in a July 7 governance post, frames the shift as a response to real and growing threats — a fresh bridge exploit, a deteriorating liquidity environment, and code that is aging in an era when AI tools are making old vulnerabilities cheaper to exploit. Key takeaways Secret Network proposes migrating SCRT to Arbitrum as a new ERC-20 token via a one-time snapshot on September 1. A recent $4.7 million Axelar-Secret bridge exploit is a central driver of the security case for migration. Only native and staked SCRT balances qualify for the snapshot; bridged, contract-held, sSCRT, and IBC assets are excluded. The migration requires a community governance vote and will n

The post Binance Alpha TAC Token Crashes 90% appeared on BitcoinEthereumNews.com. TAC drops over 90% in 15 minutes after Binance Alpha listing, with no confirmed hack or official cause yet. Binance Alpha-listed TAC fell more than 90% within 15 minutes, dropping near $0.0063. The move erased millions in market value and surprised traders. No confirmed hack or protocol exploit had been reported at the time. Binance and the TAC team had not issued an explanation. TAC is backed by TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. The project has around $11.5 million in venture backing. The project is building an EVM-compatible blockchain for the TON and Telegram ecosystem. Traders are now watching whether TAC can stabilize after the selloff. TAC Flash Crash Shakes Binance Alpha Market TAC faced heavy selling pressure during a sharp 15-minute market move.  The token was listed on Binance Alpha and Binance Futures in July 2025. Therefore, the crash drew attention

TAC drops over 90% in 15 minutes after Binance Alpha listing, with no confirmed hack or official cause yet. Binance Alpha-listed TAC fell more than 90% within 15 minutes, dropping near $0.0063. The move erased millions in market value and surprised traders. No confirmed hack or protocol exploit had been reported at the time. Binance […] The post Binance Alpha Token $TAC Nosedives 90% as VC-Backed Project Stuns Traders appeared first on Live Bitcoin News.

The rise in crypto payments signals a shift towards mainstream adoption, potentially influencing financial systems and regulatory landscapes. The post Binance sees 114% rise in crypto payments, median size up to $18 appeared first on Crypto Briefing.

The post Secret Network Proposes SCRT Migration to Arbitrum, Sets Sept. 1 Snapshot appeared on BitcoinEthereumNews.com. Arbitrum News Secret Network has proposed relocating its native token SCRT from the Cosmos ecosystem to Arbitrum, the leading Ethereum layer-2 network, in a plan that now hinges on a community governance vote. The privacy-focused layer-1, which has run privacy-preserving smart contracts on Cosmos since 2020, argues the operating environment has shifted decisively. The proposal would reissue SCRT as an ERC-20 token on Arbitrum, anchoring the project to Ethereum’s deeper liquidity and tooling. A one-time snapshot of SCRT balances is scheduled for September 1, forming the basis for the new contract. Nothing takes effect until token holders formally approve the transition. The team framed security as the most serious driver behind the move. It warned that aging, under-maintained code has become dramatically easier to analyze, and that advances in artificial intelligence a

The post Secret Network may leave Cosmos for Arbitrum after bridge exploit appeared on BitcoinEthereumNews.com. Secret Network is seeking to move SCRT from Cosmos to Arbitrum, citing security risks, weaker liquidity, and older code. Summary Secret says AI makes older bridge code easier to scan, attack, and exploit over time. The proposed Arbitrum move follows a $4.7 million Axelar-Secret bridge exploit tied to legacy integration. SCRT holders face a Sept. 1 snapshot, with non-native or contract-held balances excluded from claims. In a July 7 governance post, the privacy-focused blockchain said the plan would create a new ERC-20 SCRT token on Arbitrum through a one-time snapshot on Sept. 1. The team said native and staked SCRT balances would count, while sSCRT, bridged SCRT, contract-held tokens, and IBC assets would not qualify. The proposal has not passed yet. The team said the move needs a community vote, and the migration will not proceed if holders reject it. AI exploit risk drives