Senate Democrats Demand Hearings on UAE's $500M World Liberty Financial Investment
Daya Raises $2.4M to Build Stablecoin Payment Stack for African Businesses
Trump Blocks Housing Bill Over Unrelated Voting Rights Demand
Law Enforcement and Catholic Groups Oppose CLARITY Act Section 604
Trump Ties CBDC Ban to Election Law Reform, Leveraging Crypto Policy as Political Leverage
SBI Group Launches JPYSC: Japan's First FSA-Approved Yen Stablecoin
Prediction Markets Break Into Mainstream as Meta and CBOE Make Bold Bets
Black Lake and Nuva Labs Tokenize $25M in Mortgage Loans on Provenance
Binance Rejected for EU License in Greece, Pivots to Alternative Jurisdictions
Law Enforcement and Anti-Trafficking Groups Escalate Opposition to CLARITY Act's Developer Safe Harbor
SecondFi Cardano Wallet Exploit Exposes $20M+ in ADA
Digital Chamber CEO Urges Senate to Pass CLARITY Act for Consumer Savings
Top Stories
Daya Raises $2.4M to Build Stablecoin Payment Stack for African Businesses
Trump Blocks Housing Bill Over Unrelated Voting Rights Demand
Law Enforcement and Catholic Groups Oppose CLARITY Act Section 604
Trump Ties CBDC Ban to Election Law Reform, Leveraging Crypto Policy as Political Leverage
SBI Group Launches JPYSC: Japan's First FSA-Approved Yen Stablecoin
Prediction Markets Break Into Mainstream as Meta and CBOE Make Bold Bets
Black Lake and Nuva Labs Tokenize $25M in Mortgage Loans on Provenance
Binance Rejected for EU License in Greece, Pivots to Alternative Jurisdictions
Editor's Picks
Binance Rejected for EU License in Greece, Pivots to Alternative Jurisdictions
Law Enforcement and Anti-Trafficking Groups Escalate Opposition to CLARITY Act's Developer Safe Harbor
SecondFi Cardano Wallet Exploit Exposes $20M+ in ADA
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Markets
Daya Raises $2.4M to Build Stablecoin Payment Stack for African Businesses
Daya, a stablecoin-native payments startup, has closed a $2.4 million pre-seed funding round to build cross-border transaction infrastructure for African businesses. The round was led by Hivemind Capital with participation from Lattice, Alliance, and Globelink.
Trump Ties CBDC Ban to Election Law Reform, Leveraging Crypto Policy as Political Leverage
Former President Donald Trump has refused to sign legislation containing a U.S. central bank digital currency (CBDC) ban unless Congress first approves a separate elections bill, marking an unprecedented linkage of cryptocurrency policy to partisan political objectives.
Black Lake and Nuva Labs Tokenize $25M in Mortgage Loans on Provenance
Black Lake and Nuva Labs have completed the on-chain minting of $25 million in mortgage loans on Provenance Blockchain, advancing the real-world asset tokenization movement into traditional lending infrastructure.
SecondFi Cardano Wallet Exploit Exposes $20M+ in ADA
SecondFi, the rebranded Yoroi Cardano wallet, suffered a critical security breach on June 24 exposing user private keys and putting over $20 million in ADA at risk. Security firm SlowMist identified a flaw in the wallet software that compromised cryptographic keys needed to access stored funds.
Regulation
Senate Democrats Demand Hearings on UAE's $500M World Liberty Financial Investment
Five Senate Democrats, including Elizabeth Warren and Richard Blumenthal, have called for sworn testimony and congressional hearings into a reported $500 million investment in World Liberty Financial by individuals tied to United Arab Emirates royal interests.
Trump Blocks Housing Bill Over Unrelated Voting Rights Demand
President Trump blocked the bipartisan 21st Century ROAD to Housing Act, which would have barred the Federal Reserve from issuing a CBDC until 2030. Trump conditioned his signature on Congress passing a separate voting rights bill, signaling CBDC policy is not a priority.
Law Enforcement and Catholic Groups Oppose CLARITY Act Section 604
Law enforcement agencies and Catholic organizations have jointly opposed Section 604 of the CLARITY Act, warning that the provision would create anti-money laundering loopholes and weaken crypto crime safeguards.
SBI Group Launches JPYSC: Japan's First FSA-Approved Yen Stablecoin
SBI Group launched JPYSC today, marking Japan's first FSA-approved trust bank-backed yen stablecoin. Backed by $63 million in reserves and deployed on Ethereum, JPYSC is designed for institutional payments and cross-border settlement. Initial availability is limited to SBI VC Trade accounts.
DeFi
Venus Protocol Launches Tokenized Stocks as Collateral on BNB Chain
Venus Protocol has integrated tokenized equities as collateral in its Core Pool, allowing users to borrow against stock positions while maintaining price exposure. The rollout includes TSLAB (Tesla), NVDAB (Nvidia), and SPCXB (S&P 500 index).
PremiumBlock Launches Non-Custodial Risk Hub for Prediction Markets, Perpetuals, and Poker
PremiumBlock went live today with a non-custodial platform consolidating user-created prediction markets, 24/7 FX perpetuals, and Web3 poker into a single wallet-native interface. The Stockholm-based protocol is accessible at premiumblock.org and requires no account creation or asset custody by...
Collector Crypt Fees Surge 129% After Solflare Integration
Collector Crypt saw fee revenue jump 129% week-over-week to $3.86 million following Solflare wallet's integration of its gacha card-pack trading mechanic. The move signals wallets are becoming trading platforms, but regulatory risks and liquidity fragmentation loom.
Standard Chartered Targets $100 UNI by 2030 on Wall Street Adoption Thesis
Standard Chartered analyst Geoff Kendrick projects Uniswap's UNI token could reach $100 by 2030, representing 40x upside. The forecast depends on Wall Street treating Uniswap as neutral infrastructure for tokenized assets and the protocol's fee-switch mechanism tightening supply.
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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