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Hyperliquid Policy Center, Phantom urge CFTC to stop treating onchain protocols like traditional brokers and exchanges
The CFTC and Securities and Exchange Commission issued a Request for Information in mid-June on financial innovation.
JPMorgan says bitcoin’s main risk isn’t Strategy, but blockchain adoption that doesn’t benefit public chains and tokens
JPMorgan says Strategy isn't bitcoin's main structural risk, but blockchain adoption that fails to benefit public blo…
Tarun Chitra’s Gauntlet raises $125 million Series C from sole investor SBI Holdings
Chitra said he expects tokenization and vaults to grow the DeFi market faster than overall stablecoin growth over the…
CFTC Chair Selig warns regulators will end up ‘writing all the rules’ for crypto if Clarity Act stalls
CFTC Chair Michael Selig warned regulators may end up writing crypto rules if Congress fails to pass the Clarity Act.
BitGo introduces quantum protection for institutional Bitcoin wallets
Some experts have argued the greater risks posed by quantum computing revolve around a failure to implement new techn…
BitGo CEO says single-digit percentages of bitcoin’s supply are ‘probably right’ for large holders amid Strategy’s sale
BitGo CEO Mike Belshe said single-digit bitcoin ownership levels make sense for large holders like Strategy after its…
Swift launches blockchain ledger for tokenized deposit pilot with 17 banks
Swift launched a blockchain-based ledger that enables 17 banks to pilot 24/7 cross-border payments using tokenized de…
INTERPOL-led global fraud crackdown arrests over 5,800, uncovers crypto laundering network tied to $122.5 million wallet
The operation uncovered a crypto laundering network using cross-chain swaps to obscure funds, with one wallet process…
Russia’s Alfa Bank plans to launch digital depository to offer crypto services: report
The move aligns with similar announcements from other major Russian banks, amid the development of the country's cryp…
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.
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.
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…
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.
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 …
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 …
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…
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…
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…
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…
Kraken wins $22 million arbitration against auditor Mazars for ditching the firm during Operation Choke Point 2.0
Payward sued its former auditor, Mazars, for abandoning a nearly complete audit during Operation Choke Point 2.0.
Solana’s $8.7B RWA surge shows tokenized assets are finally starting to move
RWA.xyz data shows Solana's RWA transfer volume more than doubled over 30 days, shifting the adoption signal from tok…
CFTC charges North Carolina man over alleged $14 million crypto, futures fraud
The CFTC charged a NC man and his company after the agency said he swindled about 60 people out of $14 million in a c…