Citadel Abandons US Lawsuit Against Portofino, Pivots to UK Bankruptcy
Ripple Scores First NCAA Crypto Sponsorship with Kansas Jayhawks
Ripple Signs Historic 5-Year NCAA Deal with Kansas Jayhawks, XRP Patches Debut Fall 2026
UK Bankers File Suspicious Activity Report Over Farage's £5M Crypto Gift
Strategy Dumps $216M Bitcoin as Lyn Alden Warns BTC Needs No Corporate Crutch
Bitcoin Tumbles Below $62K as Trump Ends Iran Ceasefire
Berachain Executes Hard Fork to Consolidate Dual-Token Model Into Single WBERA Rewards System
Toss Partners with Optimism on Korean Won Stablecoin Proof of Concept
ESMA Launches Crypto Custody Review Under MiCA Framework
Nigel Farage Resigns as UK MP, Seeks Re-election Amid Crypto Gift Probes
Bitcoin Pressured as US-Iran Tensions Drive Oil Prices Up 13%
RBI Doubles Down on Crypto Ban to Fight Tax Evasion, Risking Underground Markets
Top Stories
Ripple Scores First NCAA Crypto Sponsorship with Kansas Jayhawks
Ripple Signs Historic 5-Year NCAA Deal with Kansas Jayhawks, XRP Patches Debut Fall 2026
UK Bankers File Suspicious Activity Report Over Farage's £5M Crypto Gift
Strategy Dumps $216M Bitcoin as Lyn Alden Warns BTC Needs No Corporate Crutch
Bitcoin Tumbles Below $62K as Trump Ends Iran Ceasefire
Berachain Executes Hard Fork to Consolidate Dual-Token Model Into Single WBERA Rewards System
Toss Partners with Optimism on Korean Won Stablecoin Proof of Concept
ESMA Launches Crypto Custody Review Under MiCA Framework
Editor's Picks
ESMA Launches Crypto Custody Review Under MiCA Framework
Nigel Farage Resigns as UK MP, Seeks Re-election Amid Crypto Gift Probes
Bitcoin Pressured as US-Iran Tensions Drive Oil Prices Up 13%
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Markets
Ripple Scores First NCAA Crypto Sponsorship with Kansas Jayhawks
Ripple has secured the first-ever cryptocurrency sponsorship of a major NCAA Division 1 athletics program with the University of Kansas, marking a significant breakthrough for mainstream crypto adoption in collegiate sports.
Ripple Signs Historic 5-Year NCAA Deal with Kansas Jayhawks, XRP Patches Debut Fall 2026
Ripple has secured a five-year sponsorship agreement with Kansas Athletics, making it one of the first cryptocurrency companies to land a major Division I football partnership. XRP patches will appear on Kansas Jayhawks game uniforms starting this fall.
Strategy Dumps $216M Bitcoin as Lyn Alden Warns BTC Needs No Corporate Crutch
Strategy liquidated 3,588 Bitcoin worth approximately $216 million on July 8, signaling a potential shift in corporate crypto investment strategies. Macroeconomist Lyn Alden questioned whether Bitcoin's legitimacy should depend on corporate backing, stating the network must stand on its own.
Bitcoin Tumbles Below $62K as Trump Ends Iran Ceasefire
Bitcoin fell below the $62,000 psychological support level on Wednesday after US President Donald Trump declared the US-Iran ceasefire "over" at a NATO summit and signaled additional military strikes would follow that evening.
Regulation
Citadel Abandons US Lawsuit Against Portofino, Pivots to UK Bankruptcy
Citadel Securities has dropped its US lawsuit against crypto startup Portofino and is now pursuing a bankruptcy order against the firm's founder in UK courts, signaling a strategic shift in how traditional finance entities pursue disputes with crypto firms.
UK Bankers File Suspicious Activity Report Over Farage's £5M Crypto Gift
Banks filed a Suspicious Activity Report in May 2024 after Nigel Farage received a £5 million gift from a Tether-connected billionaire, triggering a National Crime Agency assessment. The filing underscores regulatory friction at the intersection of cryptocurrency wealth and UK politics.
ESMA Launches Crypto Custody Review Under MiCA Framework
The European Securities and Markets Authority is conducting a review of crypto custody providers under MiCA, focusing on key management practices, incident response procedures, and third-party technology reliance. The review marks a significant enforcement phase for Europe's crypto rulebook.
Nigel Farage Resigns as UK MP, Seeks Re-election Amid Crypto Gift Probes
Nigel Farage resigned from his position as Member of Parliament for Clacton on Wednesday, triggering a by-election. Two separate investigations examine gifts Farage received from crypto-linked donors, raising questions about financial impropriety and the intersection of cryptocurrency wealth...
DeFi
Ondo Finance Launches Equity Perps Platform With 20x Leverage on Tokenized Stocks
Ondo Finance deployed a perpetual futures trading platform today enabling users to take leveraged positions backed by tokenized U.S. stocks and ETFs. The protocol offers up to 20x leverage with 24/7 onchain trading access and is seeding the launch with up to $3 million in rewards for early...
Aave's Monad Market Hits $100M in Deposits Within 48 Hours
Aave deployed a new lending market on Monad and accumulated $100 million in deposits within two days, while V4 reached $250 million in total deposits, marking an all-time high for that protocol version.
eToro Leads $12.5M Round in Extended as Brokers Push Into Onchain Derivatives
eToro has led a $12.5 million strategic funding round for Extended, an onchain perpetual futures platform, signaling a broader shift toward decentralized derivatives infrastructure among traditional brokers. The investment includes integration into eToro's Zengo wallet.
Aave Launches V3 Lending on Monad With $15M Incentive Boost
Aave has launched its V3 lending protocol on Monad with 12 supported assets and GHO stablecoin, backed by $15 million in first-year incentives from the Monad Foundation. The deployment follows Aave's multi-chain expansion strategy across Layer 2 and alternative blockchains.
Technology
Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.
Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal
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