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Ondo Finance Launches Ondo Network for Real-World Assets Days After SEC Clears Tokenized Equities

Uphold Cuts 17% of Global Workforce as Crypto Winter Bites

Cantor Fitzgerald Advises AMINA on Path to Public Listing

Securitize Capital Becomes SEC-Registered Investment Adviser
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Markets

Bitmine Holds 4.8% of Ethereum Supply With $12B Treasury, Nearing a Centralization Threshold
Bitmine now holds 5.79 million ETH, worth approximately $11.8 billion, putting the company within striking distance of controlling 5% of Ethereum's entire circulating supply as it simultaneously expands staking operations and executes a share buyback program.

Ondo Finance Launches Ondo Network for Real-World Assets Days After SEC Clears Tokenized Equities
Ondo Finance unveiled the Ondo Network on Sunday, positioning it as a dedicated layer for real-world asset tokenization. The announcement follows SEC clearance for Oasis Pro Markets to offer tokenized U.S. equities, signaling a coordinated regulatory and infrastructure play.

Uphold Cuts 17% of Global Workforce as Crypto Winter Bites
Uphold has announced layoffs affecting 17% of its global workforce, citing sustained pressure from a prolonged crypto market downturn. The cuts mark the latest in a pattern of industry-wide reductions as trading volumes weaken and institutional demand softens.

Payward Acquires Magic Labs' Embedded Wallet Business
Payward, the parent company of cryptocurrency exchange Kraken, has acquired the embedded wallet business of Magic Labs. Magic Labs is rebranding as Newton Labs to focus on onchain finance infrastructure.
Regulation

Cantor Fitzgerald Advises AMINA on Path to Public Listing
Cantor Fitzgerald is advising Swiss crypto bank AMINA on a potential public listing. The move marks a significant signal that institutional capital markets infrastructure is ready to absorb regulated crypto banking.

Securitize Capital Becomes SEC-Registered Investment Adviser
Securitize Capital is now an SEC-registered investment adviser, with registration effective July 22, 2026, three weeks after its NYSE debut. The move expands the tokenization firm's reach into institutional capital and positions it to operate as an active portfolio manager in the growing RWA space.

Brazilian Police Dismantle Cocaine Ring That Laundered Billions via Crypto
Brazilian federal police have dismantled an international drug trafficking network suspected of shipping approximately 6.5 metric tons of cocaine and laundering billions of Brazilian reals through cryptocurrency-enabled illicit money brokers.

Lummis Pushes CLARITY Act as Answer to Lazarus Group's $6.75B Crypto Theft Record
Senator Cynthia Lummis is advocating for the CLARITY Act as a direct enforcement mechanism against North Korea's Lazarus Group, which has stolen approximately $6.75 billion in cryptocurrency. The bill would grant the U.S. Treasury Department and crypto exchanges new authority to freeze...
DeFi

Lido Consolidates $16B in Staked ETH to CMv2, Reshaping Ethereum's Validator Landscape
Lido is consolidating more than $16 billion in staked ETH onto its new Curated Module v2, expected to reduce Ethereum's validator count by one-third. The migration requires node operators to post bonds for the first time, reshaping validator economics and raising questions about network...

RISEx Hits $3B in Beta Volume, Opens Ignite Season 1
$3 billion in trading volume before a public launch. RISEx, a fully on-chain perpetuals exchange built on RISE Chain, officially opened Ignite: Season 1, its core loyalty and points program, moving beyond invite-only early access.

Lombard Finance Launches Bitcoin-Backed Credit Strategy with Flow Traders
Lombard Finance launched its Bitcoin Onchain Credit Strategy on Thursday, naming Flow Traders as the pilot partner for a product designed to let institutional investors borrow stablecoins against Bitcoin collateral entirely onchain.

Balance Coin Crashes 99% After $912K Oracle Exploit Drains 42DAO Vaults
Balance Coin (BLC) collapsed 99% on Wednesday after attackers exploited a Bitcoin oracle vulnerability on BNB Chain to drain approximately $912,000 to $1 million from 42DAO's bitcoin vaults in a single transaction.
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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