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Movement Labs files for Chapter 11 after a brutal year
Movement Labs, the team behind the Move-based Ethereum layer 2, has filed for Chapter 11 bankruptcy following a token dumping scandal, a co-founder departure, and a failed strategic pivot.
Ondo's tokenization bet is showing up in the numbers
Ondo Finance's $ONDO token is up roughly 27% on the week near $0.40 as the protocol's DTCC-backed tokenized stock launch and a broader RWA rotation drive fresh momentum.
The tendies are getting dunked today
TENDIES, the WallStreetBets-inspired memecoin on Robinhood Chain, slid roughly 18% on July 21 to near $0.015, pulling back after a strong weekly run driven by social momentum.
Robinhood's chain is three weeks old and already past $278M locked
Robinhood Chain launched July 1 and has rapidly accumulated $278M in DeFi TVL, $433M in stablecoins, and $4.2B in weekly DEX volume, making it one of the fastest-growing Ethereum Layer 2 networks on record.
The London Stock Exchange is chasing crypto's always-on market
The London Stock Exchange is launching LSE 24, a near-continuous overnight trading venue, in the first half of 2027. Starting with exchange-traded products, the move mirrors crypto's always-on model and follows similar pushes by Nasdaq and Cboe.
Senators say the crypto CLARITY Act is 'almost there'
Senator Kevin Cramer and Treasury Secretary Scott Bessent say the Digital Asset Market CLARITY Act is close to a Senate floor vote, but ethics holdouts, a shrinking calendar, and volatile Polymarket odds tell a more cautious story.
South Korea trialed a digital won with no independent security check
South Korea's Bank of Korea ran its first digital won CBDC pilot without an independent government security inspection, according to FSS data disclosed to lawmaker Lee Heon-seung, raising governance questions as Phase 2 approaches and Seoul resumes stalled stablecoin legislation talks.
BNB Chain is running away with the onchain AI agent race
Onchain AI agent registrations have surged from 337 in January to more than 330,000, with BNB Chain hosting over 200,000 of them, more than every other blockchain combined, according to agent tracker 8004scan.
Durov wants a Gram wallet in every Telegram app by summer
Pavel Durov is pushing to embed a native non-custodial Gram wallet into every Telegram app before the end of summer, a move that could put instant, near-zero-fee crypto transfers in front of more than one billion users.
Payments on Polygon are about to become more reliable
Polygon's Ithaca hardfork is set to activate on mainnet at block 50,185,000 on July 29, introducing automatic failover and new safeguards to keep transactions running smoothly.
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