Today’s Insider ⬇️
🚨 Service Restructuring: Binance to halt transactions with HTX, EXMO, and 14 other platforms
🔍 Onchain Audit: Tether completes first full financial audit, receives clean KPMG opinion
📈 Crypto Service: Israel’s largest bank taps Galaxy to offer bitcoin, ether and Solana trading
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $62,979 | -0.27% | -46.55% |
Ethereum | $1,875 | -0.09% | -58.69% |
Solana | $75.12 | -0.92% | -61.23% |
XRP | $0.99 | -0.68% | -67.46% |
S&P 500 | $7,782 | -0.21% | +20.32% |
Gold | $4,379 | +0.38% | +30.83% |
1. Binance To Halt Transactions With HTX, EXMO, And 14 Other Platforms
Service restructuring: Binance will stop processing transactions with 16 platforms including HTX and EXMO across three August cutoff dates, aligning with EU Russia sanctions and OFAC actions against Iranian-linked entities.
🔎 Insider Insight: Binance applying EU and OFAC sanctions globally rather than just within affected jurisdictions signals a shift toward proactive compliance over minimum legal obligation. With sanctions exposure down 96.8% since 2024 and a 1,500-person compliance team, Binance is methodically rebuilding regulatory credibility after years of scrutiny.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Tether Completes First Full Financial Audit, Receives Clean KPMG Opinion
Onchain audit: Tether receives a clean KPMG audit opinion on its 2025 annual financials, showing reserves exceeding liabilities by $6.814 billion, marking the company's first full independent audit in its history.
🔎 Insider Insight: A clean Big Four audit removes the single most persistent credibility gap institutional investors and regulators have cited against Tether for over a decade. With $183 billion in USDT supply and $10 billion in 2025 net profit, Tether's dominant position is now more structurally secure than at any point in its history.
Which of these cryptocurrency is pegged 1:1 with the US dollar and widely used?
3. Israel's Largest Bank Taps Galaxy To Offer Bitcoin, Ether And Solana Trading
Crypto service: Bank Leumi plans to launch BTC, ETH, and SOL trading through its investment and PEPPER mobile banking apps in early 2027, using Galaxy Digital for institutional trading and custody infrastructure.
🔎 Insider Insight: Bank Leumi's Galaxy partnership follows a failed 2022 Paxos attempt, suggesting the bank has prioritized infrastructure reliability over speed to market. With Israel receiving $22 billion in onchain crypto value in a single year, the launch taps into already significant domestic demand through a trusted banking channel.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
