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Erebor Bank Eyes $8B Valuation as Crypto Banking Gains Institutional Traction

OFAC Sanctions 134 ISIS-K Crypto Addresses; Tether Freezes $1.4M in TRON

Bitget Adds US Stock Options to Stock+ Platform

Scattered Spider Suspect Extradited to US Over $8M Crypto Ransom

Aave Launches V3 Lending on Monad With $15M Incentive Boost

Ethereum Institutional Launches as Independent Nonprofit

Bitcoin ETFs Hit Record $4.5B June Outflows as Institutional Demand Collapses

Streamex Launches 24/7 Digital Gold Trading on Mainstream Brokerage Platforms
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Streamex Launches 24/7 Digital Gold Trading on Mainstream Brokerage Platforms

Forward Industries Expands Solana Treasury to 7.55M SOL, Stock Surges 17%

Bitcoin Volatile Around $60K as Fed Inflation Comments Clash With Technical Breakdown
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Markets

Ondo Finance Launches SEC-Compliant Tokenized Stocks and ETFs on Ethereum
Ondo Finance has launched a tokenized securities offering featuring BlackRock's IVV ETF and Micron Technology shares, settling transactions on Ethereum through a custodial model designed to align with SEC requirements.

Erebor Bank Eyes $8B Valuation as Crypto Banking Gains Institutional Traction
Erebor Bank, backed by venture capitalists Peter Thiel and Palmer Luckey, is in advanced funding discussions targeting a valuation of at least $8 billion. The bank's deposit base has nearly quadrupled, signaling rapid customer acquisition and capital inflows into the crypto-focused financial...

OFAC Sanctions 134 ISIS-K Crypto Addresses; Tether Freezes $1.4M in TRON
The US Treasury's Office of Foreign Assets Control added 134 cryptocurrency wallet addresses linked to ISIS-K to its sanctions list on July 1, with Tether immediately freezing $1.4 million held across 131 of those addresses on the TRON blockchain.

Bitget Adds US Stock Options to Stock+ Platform
Bitget has expanded its Stock+ platform to include US stock options trading, positioning the move as a way to democratize access to complex derivatives strategies for crypto traders globally.
Regulation

South Korea Prosecutes Crypto Whale in Pump-and-Dump Scheme
South Korean authorities have launched a criminal prosecution against a cryptocurrency whale for allegedly manipulating token prices across international exchanges, exploiting regulatory gaps between markets.

South Korea Prosecutes Crypto Whale in Pump-and-Dump Case
South Korean authorities have launched a prosecution against a cryptocurrency whale for allegedly orchestrating a pump-and-dump scheme that exploited price differences between overseas and domestic exchanges. The case signals a hardening enforcement stance in one of Asia's largest crypto markets.

Goliath Ventures CEO Pleads Guilty to $250M–$400M Crypto Ponzi Scheme
Christopher Delgado, founder and CEO of Goliath Ventures, pleaded guilty to operating a massive cryptocurrency Ponzi scheme that defrauded investors of between $250 million and $400 million. The guilty plea to fraud and money laundering charges marks another high-profile conviction in a steady...

Shanghai Court Sentences Five to Prison for $29M Crypto Forex Scheme
A Shanghai court has sentenced five individuals to prison terms ranging up to six years for operating an illegal cryptocurrency and foreign exchange scheme that moved $29 million across borders, marking the latest enforcement action in China's sustained crackdown on crypto-enabled capital flight.
DeFi

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.

Standard Chartered Forecasts Morpho to $60 by 2030, Sparking 33% Open Interest Surge
Morpho (MORPHO) surged 13% to $2.11 on July 1 after Standard Chartered issued a bullish price forecast predicting the DeFi token could reach $60 by 2030, representing a potential 2,840% return. The institutional endorsement triggered a sharp spike in derivatives positioning, with open interest...

World XYZ Launches Chainlink-Powered Prediction Market on Solana
World XYZ, a previously mysterious Solana project, has launched as a fully on-chain prediction market platform integrated with Chainlink's oracle infrastructure. The integration aims to address trust and liquidity challenges that have historically plagued prediction markets on layer-1 blockchains.

Standard Chartered Backs Morpho as DeFi TVL Surpasses $10B
Standard Chartered has publicly endorsed Morpho, positioning the DeFi lending protocol as critical infrastructure poised for scaling. The backing marks a significant moment for institutional validation of decentralized finance, arriving as the sector's total value locked crossed the $10 billion...
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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