Payment Volume on Polygon Hits $5.8B in Q1

Polygon’s transfer volume reached an impressive $5.8 billion in Q1 2026, driven by over 50 payment applications. Notably, Tazapay alone accounted for approximately $2.5 billion of this total, showcasing the platform’s growing adoption. This development, shared by @MessariCrypto, signals a robust trend in blockchain payment solutions and highlights potential for future growth in decentralized finance. […]

Here’s what happened in crypto today

Today in crypto, BitMart announced plans to wind down its exchange, Binance revealed it runs monthly phishing simulations against employees and US Ethereum ETFs ended a five-day inflow streak.BitMart to wind down exchange, end trading by Aug. 26BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027.“After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision to commence an orderly wind-down of its trading platform operations,” it said in a Sunday notice.Under the shutdown plan, BitMart has stopped accepting new user registrations and deposits, while futures trading has entered reduce-only mode and spot markets no longer accept new orders. BitMart joins a growing list of crypto trading platforms that have announced plans to close shop in recent months. Among them are BitMEX and Dango, which both said this week they would shut down their respective trading platforms.Binance ‘red teams’ its own staff every month to keep hackers outCryptocurrency exchange Binance runs simulated phishing attacks against its own employees and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su.The fake attacks are conducted by Binance’s red team, an internal ethical hacking unit whose job is to break into systems to identify vulnerabilities.“We do phishing attacks on our own employees on a monthly basis just so we understand if our security hygiene is improving,” Su told Cointelegraph. “The ones that have failed it, we will do remediation training.” The measure shows the lengths crypto companies will go to prepare for social engineering attacks. Binance, the largest crypto exchange in the world, reports 323 million registered users, while DefiLlama estimates the exchange holds $137.7 billion in assets.Ethereum ETFs close week in red, end 5-day inflow streakUS-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak.Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday.Despite the outflows, Ethereum ETFs extended their weekly inflow streak to three straight and have attracted $337.74 million in net inflows so far in July.Spot crypto ETF flows have become one of the market’s most closely watched gauges of demand for Bitcoin (BTC) and Ether (ETH) through traditional investment products. The reversal followed a similar pattern in Bitcoin ETFs, which ended a seven-day inflow streak on Thursday and recorded another $240.08 million in net outflows on Friday.

US and Iran Pause Strikes as Markets Wait for Monday’s Verdict

The US and Iran both stopped their strikes, ending 13 consecutive nights of American bombing and leaving crypto traders holding the only liquid read on the pause. Bitcoin (BTC) traded near $64,463 on Sunday, up 0.7% over the past 24 hours, while the 10 largest digital assets posted modest gains. Oil and equity markets, however, […]

XRPL Daily Transactions Surge to 2.48M as Mastercard Expansion Looms

XRPL is making its loudest move in weeks, with daily average transactions soaring to 2.48 million, representing a 35.3% increase quarter-over-quarter. This surge comes just before the anticipated expansion by Mastercard, which could further catalyze growth in the XRPL ecosystem. The news was highlighted by the crypto commentator @MessariCrypto, indicating a robust upward trend in […]

TokenizedVault Collaborates with OpenZeppelin to Implement ERC-7540

OpenZeppelin has announced a significant integration of ERC-7540, aimed at improving the operational efficiency of tokenized vaults. This move, which includes collaboration with TokenizedVault members Centrifuge and Superform, addresses the lengthy settlement times associated with tokenized treasuries and private credit. The implications could be substantial for the tokenized finance space, as it enhances liquidity and […]