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Top four key encryption stories you may have missed this week

2026-07-19 00:02:54
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Four important crypto news you may have missed this week

In the cryptocurrency world, there is a flood of news coming in every day, from Bitcoin price fluctuations to the regulatory game in Washington. It's easy to get lost. Sometimes, some interesting stories are ignored like this. Here are the four most interesting news developments that have happened over the past week that you may have missed.

Developer of MetaMask appears to have ties to North Korea

According to an internal script obtained by Drop Site News, the company behind the popular Ethereum wallet MetaMask confirmed that a consultant brought in through a third-party vendor was later discovered to have ties to North Korea. The reason for concern is that North Korean authorities have long hired hackers to infiltrate popular cryptocurrency projects, find or plant vulnerabilities, and then use these vulnerabilities to profit for themselves.

The developer worked with MetaMask for about a month and contributed to wallet-related code before the permissions were terminated. Consisys said it temporarily suspended product launches to investigate the matter, but found no evidence that assets or data were stolen, malicious code was deployed, or users were affected.

Knaken declares bankruptcy

A court in Rotterdam has declared local cryptocurrency exchange Knaken bankrupt after prosecutors charged that approximately 7 million euros (US$7.6 million) of client funds were missing and could not be accounted for. Users have been unable to access the platform for about a month since the exchange ceased operations in June.

The court found that Knaken did not have enough assets to repay all of its customers. The collapse comes at an intriguing moment-the European Union has just implemented MiCA (Cryptographic Asset Markets) regulations, raising questions about whether the new regulatory framework can effectively protect customers from unauthorized platforms.

Injective submits TA-1 form

The team behind the popular blockchain project Injective said they have filed a TA-1 form with the U.S. Securities and Exchange Commission (SEC) to apply to register as a transfer agent. If approved, Injective will be able to maintain official ownership records of tokenized securities directly on the chain.

Transfer agents have traditionally been responsible for recording ownership changes, processing transfers, and helping issuers maintain shareholder records. And Injective's new approach aims to be a practical attempt to connect public blockchains to regulated U.S. capital markets, rather than simply using unregulated stock representatives.

Aggressive has filed a transfer agent registration application with the SEC, marking an important step towards becoming a leading blockchain capable of issuing securities on the chain through regulated channels. This promotes the RWA market infrastructure in the new Internet economy, right here in the United States. -- Negative (@ negative) July 16, 2026

Robinhood Chain attracts a large number of ETH

Robinhood Chain's performance in its first few weeks of launch has been quite amazing, especially in Ethereum. A few days ago, it was reported that Ethereum, worth more than $70 million, had been bridged to the newly launched chain.

These early large inflows indicate a strong interest in the new ecosystem, but the real test will be whether liquidity can be maintained after the boom and evolve into continued trading and application use. Is this the actual demand for tokenized assets or short-term speculation?

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