WLFI Tokens Sold for $100M to UAE Fund
Aqua1, a UAE-based fund, has purchased $100 million in WLFI tokens from World Liberty. The project, supported by Trump, aims to expand its crypto reach.
Source: theblock.co —
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US Targets September for Crypto Legislation
US lawmakers and the White House are striving to pass comprehensive cryptocurrency industry legislation by September. Key bills focus on stablecoin regulation and market structure.
Source: theblock.co —
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Bitwise Dogecoin, Aptos ETFs Update: Key Changes
Bitwise updates its ETF filings for Dogecoin and Aptos, introducing in-kind redemptions, marking a significant move in crypto fund management.
Source: theblock.co —
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Coinbase Launches US Perpetual Futures July 21
Coinbase Derivatives will launch US perpetual-style futures contracts for Bitcoin and Ethereum on July 21, providing a regulated alternative to offshore trading.
Source: theblock.co —
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Ripple Integrates Wormhole for Enhanced XRPL Interoperability
Ripple has integrated Wormhole to enhance XRPL's interoperability, allowing for seamless cross-chain messaging and asset transfers.
Source: theblock.co —
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Judge Keeps Injunction for Ripple and SEC
A New York judge declined to lift an injunction against Ripple, maintaining significant fines. This ongoing SEC legal dispute highlights regulatory challenges.
Source: theblock.co —
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Galaxy Asset Management Raises $175M for Crypto Fund
Galaxy Asset Management has raised $175 million for its first venture fund to invest in early-stage blockchain companies. This fund aims to support innovations in digital assets.
Source: theblock.co —
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Bitcoin ETF Inflows Near $4 Billion Amid Dollar Decline
Bitcoin ETFs have seen nearly $4 billion in inflows over 12 days as the dollar weakens, boosting BTC prices. Institutional interest continues to grow.
Source: theblock.co —
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Intmax: Privacy-Preserving Ethereum Payments
Intmax is a groundbreaking Ethereum Layer 2 solution, offering near-zero fees and strong privacy features, revolutionizing digital payments.
Source: theblock.co —
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Coinbase Releases Wrapped ADA & LTC on Base
Coinbase has launched wrapped tokens cbADA and cbLTC on its Base Layer 2 Ethereum network, enabling DeFi use for Cardano and Litecoin.
Source: theblock.co —
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Hong Kong Pushes RWA Tokenization and Licensing
Hong Kong unveils Policy Statement 2.0 to enhance its crypto market role, introducing a 'LEAP' framework to streamline regulations and promote RWA tokenization.
Source: theblock.co —
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Tether CEO: AI to Use Bitcoin, USDT in 15 Years
Tether CEO Paolo Ardoino predicts that within 15 years, one trillion AI agents will use Bitcoin and USDT for transactions, revolutionizing commerce.
Source: theblock.co —
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Ethereum Stablecoin Users Surge to 750,000 Weekly
Ethereum stablecoin usage has reached new heights with over 750,000 weekly users, signaling genuine adoption beyond speculation.
Source: theblock.co —
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Concerns Over Reg A+ IPOs on Nasdaq and NYSE
Concerns over weak performance and fraud have made Nasdaq and NYSE hesitant to list Reg A+ IPOs. Proposed stricter rules may affect future listings.
Source: theblock.co —
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Crypto ETF In-Kind Redemptions on the Horizon
Hester Peirce, a key SEC Commissioner, suggests that in-kind redemptions for crypto ETFs may soon be possible, potentially improving trading efficiency.
Source: theblock.co —
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