WEEKLY BRIEF Jul 19–Jul 26, 2026

Headlines
• Hyperliquid monthly perp volume reaches record 16.5% of Binance volume
• Balaji’s Network School signs Kazakhstan MOU after Malaysia license revocation
• Galaxy Digital leads $130M acquisition of Ripple shares
• AFX Trade exploited for $24M on Arbitrum; 2026 worst year for hacks on record
• BitMEX to cease operations effective September 23
• Robinhood CEO Vlad Tenev’s X account hacked to promote memecoin
• Odos to wind down operations effective July 30
• World Foundation raises $52.5M through WLD token sale
• Robinhood and Crypto.com exploring prediction markets partnership
• DeepSeek suspends fundraising round due to leaked CEO comments

Weekly ETF Flows
• BTC: +$33.9M net inflows
• ETH: +$103.8M net inflows
• SOL: +$7.1M net inflows
• HYP: -$8.6M net outflows

Exchange Listings
• Hyperliquid: GIGADEV (HIP-3)
• Binance: $POPMART (futures)
• Upbit: $O (spot), $MORPHO (spot), $EUL (spot)
• Bithumb: $CHECK (spot)
• Robinhood: $BILL (spot)

Regulatory
• SEC Commissioner Peirce issues statement on jurisdiction over onchain lending and vaults
• Bessent freezes $130M crypto wallet tied to Iran's IRGC

Market Flows
• Strategy adds $225M to USD reserve; buys zero BTC over the past week
• Polymarket: 62% odds Opus 4.9 is released by end of week
• Binance adds 10 BSTOCKS tokenized securities as collateral assets
• Drift exploiter deposits 23,096 ETH into Tornado Cash
• Polymarket: Odds of US government AI ban fall to 19%