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CLARITY Act Faces Race Against Senate Clock
The Solana Policy Institute has written to Senate leaders John Thune and Chuck Schumer urging a floor vote on the Digital Asset Market Clarity Act before the August recess, as Democratic support remains the key hurdle.
Japanese Game Developer Joins SBI to Launch Bitcoin & Altcoin Fund
Japanese gaming company Gumi and SBI Financial Services are launching the 3 billion yen SBI Crypto Fund I, targeting Bitcoin and major altcoins with backing from Daiwa Securities Group.
Grayscale CEO Trims XRP ETF Holdings For the First Time
Grayscale CEO Peter Mintzberg has filed to sell 2,611 GXRP shares worth roughly $53,394 through Cantor Fitzgerald, marking his first reduction in XRP ETF holdings as the fund trades down more than 50% this year.
Polygon Set to Bring Japan's Kansai Electric Loyalty Points To JPYC
Kansai Electric Power's rewards arm MOACT will let users convert NORM Points into JPYC, a yen-pegged stablecoin running on Polygon via the HashPort Wallet from July 30.
Cashcat And Tendies Ignite Robinhood Memecoin Rally
Robinhood Chain memecoins Cashcat and Tendies posted sharp 24-hour gains, lifting the broader sector to $186.6 million in total market cap, according to CoinGecko.
Hyperliquid Whales Continue Large Coinbase Transfers
Multicoin Capital and Bitwise have moved millions of dollars worth of Hyperliquid's HYPE token to Coinbase Prime in fresh on-chain transfers, raising questions about continued institutional selling pressure.
Ethereum Foundation Adds Cypherpunk Manifesto Author To Board
The Ethereum Foundation has appointed Pascal Caversaccio (@pcaversaccio), co-founder of SEAL 911 and author of the Ethereum Cypherpunk Manifesto, as its fourth board member, signalling a stronger institutional commitment to privacy and security.
Pumpfun BOOST Drives Sharp Jump In Token Graduations
Pumpfun's new BOOST mechanism pushed its token graduation rate to 6.7% last Friday, roughly eight times the June average, while reinjecting over $7 million into the ecosystem and lifting $PUMP nearly 28% over the past month.
Sen. Lummis Calls Out Democrats Over CLARITY Act Delays
Senator Cynthia Lummis publicly challenged her Democratic colleagues over stalled progress on the CLARITY Act, the landmark crypto market structure bill, as the Senate recess deadline closes in.
Russia's Biggest Crypto Miner Linked To Alleged 1B Ruble Fraud
BitRiver founder Igor Runets has been moved from house arrest to pretrial detention after a Moscow court linked him to an alleged fraud worth nearly 1 billion rubles involving undelivered mining equipment ordered by an En+ subsidiary.
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