
Crypto Research Morning Brief — July 09, 2026
1. OVERNIGHT MOVES
All crypto stories, newest first. 2442 stories curated by CryptoCatalyst.

1. OVERNIGHT MOVES

Kraken has won a $22 million arbitration case against Mazars, its former auditor, for abandoning a nearly completed audit. The case stems from Operation Choke Point 2.0, a government initiative targeting financial services for cryptocurrencies.

Toss, a popular mobile app in South Korea, is teaming up with blockchain platform Optimism and Sunnyside Labs to test a stablecoin pegged to the Korean won. This could make crypto payments more accessible for everyday transactions in South Korea.

Tokenized Real World Assets span treasuries, real estate, stocks, commodities and private credit. The sector is still small in TradFi terms but it's growing very, very fast.

Stablecoin-settled trading for traditional finance (TradFi) perpetuals surpassed $1.1 trillion in 2026, according to Binance Research. This highlights the growing role of stablecoins in tokenized financial markets, payments, and savings.

EU officials are reportedly considering updates to the MiCA framework, known as “MiCA 2.0,” to include non-EU stablecoin issuers. This move follows the US's stablecoin law and aims to address tokenized payments and deposits.

Trading of tokenized stocks has surged 105% in a month, reaching $8.4 billion. This growth reflects rising interest from crypto and traditional finance firms in tokenized equity initiatives.

BNB Chain is developing a new blockchain layer-1 designed to handle over 100,000 transactions per second. This aims to make high-frequency trading and AI agent interactions faster and more secure by eliminating public queues.

The SEC updated its agenda to indicate that a key crypto rulemaking is slated to be released for public comment in July.

SpaceX joins the Nasdaq-100 today, triggering ~$4.3B in passive inflows to a company holding 18,712 BTC. This creates rules-based institutional demand for Bitcoin through corporate balance sheets.

Polymarket has enabled instant self-custodial Bitcoin deposits via the Lightning Network using Spark. This feature allows users to deposit Bitcoin directly from their self-custodial wallets without relying on centralized exchanges.

Built on Signal’s open-source technology, Radar Chat combines encrypted messaging with self-custodial Bitcoin payments via Lightning Network.

Stablecoin giant Tether has invested $20 million in Mercado Bitcoin, a major Brazilian exchange expanding into regulated digital financial services. This move highlights the growing interest in tokenizing real-world assets across Latin America.

Kazakhstan's president has signed a decree to boost crypto adoption by promoting gas-powered mining and offering tax exemptions. The move includes plans for cross-border stablecoin payments and aims to position the country as a crypto hub.

Bull Bitcoin has petitioned a French court to annul a decree implementing the EU's DAC8 tax transparency rules, arguing the rules could create surveillance and physical risks for up to 135 million European crypto holders.

Tokenized equities trading hit a record $3.86 billion in June, with SpaceX tokens capturing $1.19 billion, or 31% of total monthly volume. Backpack’s SPCX led trading at $1.08 billion.

Bitcoin and altcoins fell sharply after President Trump declared the ceasefire with Iran 'over' following airstrikes. This geopolitical tension has triggered a broad market sell-off, including traditional stocks.

1. OVERNIGHT MOVES

An attacker followed every rule of a crypto system perfectly, drained $20 million from its treasury, and may still go to prison. The incident highlights vulnerabilities in decentralized governance mechanisms.

New Hampshire lawmakers will hold a hearing on a proposal to issue $100 million in bonds backed by Bitcoin. The bonds still need approval from Governor Kelly Ayotte and the state's five-member executive council.

Ether (ETH) is climbing toward $2,000 as major companies like Bitmine and Robinhood increase their involvement in the Ethereum ecosystem. This surge is driven by institutional adoption, DAT buying, and a long-awaited network upgrade.

Japanese companies are increasingly buying Bitcoin and XRP to diversify their cash reserves as the yen weakens. SBI VC Trade reports over 2 million registered accounts, driven by corporate demand.

EDX Markets, a crypto exchange for institutional investors, raised $76 million in a funding round led by SBI Holdings. The platform separates trading from custody via a central clearinghouse to minimize counterparty risk.

Kraken, a major crypto exchange, is applying for a banking license in Lithuania to expand its financial services. This move could allow Kraken to offer traditional banking products alongside its crypto services.