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Sony Bank gets conditional OCC approval for US trust bank to issue dollar-backed stablecoin
The trust bank subsidiary, Connectia Trust, is expected to issue and manage a dollar-backed stablecoin, pending final…
Hyundai Card completes its first real-world stablecoin pilot with Avalanche, Tether
Visa and Circle will participate in Hyundai Card's second stablecoin PoC, which is set to begin later this month.
AscendEX crypto exchange shuts down, no assurance on user payouts
AscendEx announced on July 6 that its platform ceased operations effective July 1, citing regulatory, financial, and …
Sen. Wyden urges Senate leaders to preserve contested blockchain developer protections in broader crypto bill
Democratic Sen. Ron Wyden is urging Senate leaders to ensure a provision protecting blockchain software developers re…
Binance Wallet adds Plume’s yield vault offering access to Invesco and Bitwise funds
Binance Wallet has added Plume's yield vault, giving users access to tokenized funds managed by Invesco and Bitwise.
‘Best course of action:’ DeFi dashboard Zapper to shut down after 7 years
Zapper, which started as a portfolio tracker, raised a $15 million Series A led by Framework Ventures in May 2021.
BNB Chain makes 1,000,000 TPS moonshot bet on AI as BNB price slips to 2024 lows
Binance-backed BNB Chain is restructuring its underlying architecture and setting a long-term goal of processing 1 mi…
XRP cleaned out leverage, now ETF demand has to prove itself
The washout reduced forced-selling risk, but spot volume and ETF creations still need to carry the next move. The pos…
Cash App owner Block to pay $45 million after states say it made false security promises
Block Inc. has agreed to pay $45 million to settle allegations brought by regulators in nearly every U.S. state.
Pump Fun is unlocking $127M insider tokens worth double PUMP’s recent daily volume
The July 12 unlock is large enough to test whether trader demand can absorb insider supply without forcing a deeper r…
Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out
The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the mo…
Paradigm raises $1.2 billion fourth fund, expanding beyond crypto into AI and robotics
Crypto venture firm Paradigm has raised its fourth fund, a $1.2 billion vehicle that will invest in crypto, AI, robot…
Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds
Futures volume is running far ahead of spot demand, making absorption the next test for BTC's recovery. The post Bitc…
European Commission looks to expand MiCA to cover emergence of tokenization, non-EU stablecoin issuers: report
The European Commission is reportedly seeking comment from stakeholders on expanding MiCA rules until Sept. 30.
Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins
Its June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, res…
Cardano founding entity EMURGO steps down from Pentad governance role after wallet exploit
The exploit, which leveraged a flaw in the wallet's address generation system, drained roughly 16 million ADA worth a…
Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchain-based stocks and debate how tokenized stocks …
One Vanguard job posting could decide how crypto reaches 50 million investors
Vanguard posted a Head of Digital Assets, Personal Wealth role on July 6, with openings in Dallas, Scottsdale, Charlo…
Ripple becomes Kansas Jayhawks sports sponsor with XRP patch to appear on jerseys
Besides the sports partnership, Ripple has committed to fund financial and technology education programs for student-…
Strategy’s 3,588 BTC sale puts future bitcoin selling in focus: analysts
Strategy sold 3,588 BTC last week, with CF Benchmarks suggesting continued sales would become a concern if they stop …
One Bitcoin treasury’s paper loss just made Strategy’s stress everyone’s problem
Strategy remains the center of STRC pressure, but Strive's disclosed holding turns preferred-stock discounts into a b…
BNB Chain builds new Layer 1 for agentic trading, targets 2027 mainnet
BNB Chain is building a new Layer 1 for agentic trading with sub-50ms preconfirmation and no public mempool, targetin…
Bitcoin looks calm but a July 17 oil deadline looms as Iran shock sends crude up 5%
The US Treasury's Office of Foreign Assets Control revoked General License X on July 7, cutting off the authorization…
Bitcoin miners have until 2027 to prove they deserve power on America’s overloaded grid
Bitcoin miners are facing a real-world test of their ability to improve the electricity grid. The US Energy Informati…
India central bank seeks to bar financial institutions from exposure to crypto assets: Reuters
India's central bank called for banks to be barred from crypto exposure as it reiterated support for tighter restrict…
Bitcoin ETFs draw $500M but weak demand leaves rebound exposed
US spot Bitcoin exchange-traded funds drew nearly $500 million across the last two trading sessions, giving traders t…
Nigel Farage to quit UK Parliament, seek new mandate amid probes into crypto-linked gifts
Nigel Farage resigned as an MP amid two probes over gifts from Tether investor Christopher Harborne and convicted fra…
Ethereum’s treasury boom now has one company nearing 5% of supply
The company is 95% of the way to its 5% target, pushing the debate from another treasury update into supply, staking,…
Tom Lee’s Bitmine adds $70 million worth of ETH to treasury: onchain analyst
Bitmine's most recent disclosure shows that it holds 5.74 million ETH, roughly 4.8% of Ethereum's circulating supply.
Federal judge denies Kalshi’s bid to block New York gambling law enforcement
The judge said New York gambling laws, as applied to Kalshi's sports-event contracts, are not preempted by the federa…