News linked to both this project and an event.
Odaily News: Cross-border payment company MoneyGram has announced the expansion of its cash-to-crypto exchange service, MoneyGram Ramps, to Solana, allowing wallets, exchanges, and developers within the Solana ecosystem to access its global cash network. The service supports two-way exchange between cash and digital assets, with cash deposits available in over 25 countries and cash withdrawals covering more than 170 countries and regions. MoneyGram had previously launched a USDC-based cash on/off-ramp service with Stellar and issued the U.S. dollar-backed stablecoin MGUSD, continuing to expand its stablecoin payment and remittance business. (CoinDesk)
The Bitcoin rule change proposed by BIP-110 triggered a chain fork on Saturday, with the fork chain producing only 2 blocks so far before stalling. Since the fork chain inherits the high mining difficulty of the Bitcoin mainnet and its token has no market value, miners lack the incentive to support it, causing the chain to lag the mainnet by 326 blocks. The fork chain must reach 2,016 blocks before mining difficulty can be reduced, which is currently estimated to take over six more years. Some observers say it is still too early to declare the attempt a failure. (CoinDesk)
据 CoinDesk 报道，Solana 生态去中心化借贷协议 Jupiter 上线 Lend v2，支持将存款和借款头寸同时用于交易流动性，使同一笔资金可同时获取借贷利息与兑换手续费收益。新版本引入 Smart Collateral 和 Smart Debt 两项可选功能，主要适用于稳定币对及 SOL 与其质押版本等相关资产组合。
Odaily News: Solana ecosystem lending protocol Jupiter launched Lend v2 on Monday, allowing deposit and borrowing positions to simultaneously serve as trading liquidity, enabling users to earn both lending interest and swap fee shares from the same funds. The product introduces optional Smart Collateral and Smart Debt features, which automatically pair assets into correlated liquidity pools. When traders route swaps through these pools, deposit users can see higher yields, and borrowing costs can be offset accordingly. In correlated pools, borrowers remain protected even if one stablecoin depegs; however, collateral providers will bear the loss of either asset. Jupiter has limited this design to stablecoin trading pairs, as well as pairs consisting of SOL and its staked versions, to contain correlation risks. (CoinDesk)
According to CoinDesk, Robinhood announced the launch of a new all-in-one investment app in the UK, providing UK users with zero-fee trading services for over 50 cryptocurrencies, including BTC, ETH, XRP, and Hyperliquid (HYPE), among others. Crypto asset trading is accessed through Bitstamp, an exchange acquired by Robinhood in 2025. In addition to crypto assets, the app simultaneously opens trading for traditional financial products such as stocks, Stocks ISA, options, and futures. The platform also launched an AI feature, "Robinhood Cortex Digests for Crypto," which analyzes breaking news, market data, and technical indicators in real-time, and interprets the drivers behind price fluctuations of various crypto assets in plain language.
Odaily News Despite Ocean mining pool supporting BIP-110, miner Simple Mining, which uses the pool's DATUM protocol, still refuses to signal support and mined block height 961,634 on the Bitcoin main chain. BIP-110 has received a hash rate support rate of approximately 2.6%, far below the 55% threshold it seeks. The proposal aims to restrict non-financial data in transactions within one year. After BIP-110 nodes began rejecting blocks that did not signal support at height 961,632, the fork chain stalled after producing only 2 blocks; the Bitcoin main chain subsequently led the fork chain by more than 200 blocks. (CoinDesk)
Odaily News – Hyperliquid's RWA perpetual contract trading is growing rapidly, yet platform revenue continues to decline, creating a divergence of "record-high trading volume versus shrinking retained revenue." Data shows that Hyperliquid's open interest climbed to approximately $11 billion on July 13, hitting a new high for 2026, with perpetual contract trading volume over the past 30 days nearing $178 billion, and its share of global perpetual open interest rising to around 9%. Meanwhile, Hyperliquid's protocol revenue has declined for four consecutive quarters, dropping from roughly $357 million in Q3 2025 to about $202 million in Q2 2026, down approximately 43% from its peak.Analysts attribute this primarily to the HIP-3 mechanism, which allows external developers staking 500,000 HYPE to create their own perpetual markets and earn up to 50% of trading fees. In early 2026, developer-deployed markets accounted for only about 2% of Hyperliquid's perpetual trading volume; that figure has now risen to roughly half, meaning an increasing share of trading revenue is being distributed to external developers.Since approximately 97% of Hyperliquid's trading fees are used to buy back HYPE, the decline in platform revenue directly translates to shrinking buyback scale. As of Friday, HYPE was trading at around $55, down about 28% from its all-time high of roughly $77 on June 16. Meanwhile, core contributors unlocked nearly 10 million HYPE on August 6, valued at approximately $550 million at then-prevailing prices, with subsequent unlock schedules continuing through 2027.Overall, Hyperliquid's trading activity is still growing rapidly, but the revenue diversion caused by HIP-3 is weakening the platform's own earnings growth and HYPE buyback support. The boom in its RWA business has yet to fully translate into earnings growth for HYPE holders. (CoinDesk)
According to CoinDesk, the controversial BIP-110 soft fork proposal initiated the signaling window at Bitcoin block height 961,632 at approximately 3:35 AM Beijing Time early this Sunday morning (UTC 19:35), officially entering the mandatory signaling phase. The proposal aims to temporarily restrict non-financial data from being written to the Bitcoin blockchain, but currently the miner support rate is extremely low, with the proportion of supporting miners far below the 55% activation threshold required by the proposal.
According to Odaily, Randi Abernethy, Head of Clearing and Group Risk at Bullish, stated that the U.S. Senate's failure to pass the Digital Asset Market Clarity Act (CLARITY Act) does not mean the digital asset market will stop developing; rather, it highlights the necessity of establishing a federal regulatory framework.Abernethy noted that during the Senate's consideration of the CLARITY Act, traditional U.S. financial institutions have continued to accelerate their entry into the on-chain market. JPMorgan Chase has explored tokenized ETF holdings through a production pilot with the Depository Trust & Clearing Corporation (DTCC), and more than 50 institutions (including BlackRock and Goldman Sachs) are also participating in the development of tokenized stock and Treasury bond infrastructure. The current regulatory discussion is no longer just a "crypto industry issue," but one that concerns the future infrastructure of the entire financial system.Abernethy cited the 2008 financial crisis as an example, noting that financial risk spreads along shared infrastructure, and even institutions not directly involved in related assets can be affected. Today, the stablecoin market size has exceeded $100 billion, with a large portion of stablecoin reserves invested in U.S. Treasuries. If a major stablecoin were to face a crisis, it could impact liquidity in traditional financial markets. She stated that supporters of the CLARITY Act believe the bill could establish a unified regulatory framework for the digital asset market, including core investor protection mechanisms such as customer asset segregation, conflict of interest management, capital requirements, and information disclosure. (CoinDesk)
The U.S. Digital Asset Market Clarity Act (CLARITY Act) failed to seize a critical advancement window before the Senate's summer recess, and the market is now focusing on whether the U.S. crypto industry can continue to develop even if the bill ultimately fails.Analysts believe that if the CLARITY Act fails to pass, it would be a significant setback for the crypto industry, but not a fatal blow. The bill was designed to clarify the boundaries between securities, commodities, and other categories of digital assets, determine the agencies responsible for overseeing related businesses, and grant the U.S. Commodity Futures Trading Commission (CFTC) clearer regulatory authority over crypto commodity trading.Currently, the bill's progress has stalled, and the likelihood of comprehensive crypto market structure legislation being enacted before the end of the year is declining. This means the U.S. may still lack a clear digital asset regulatory framework, particularly regarding oversight of trading in major crypto assets such as Bitcoin (BTC) and Ethereum (ETH), where jurisdictional gaps remain between the CFTC and the U.S. Securities and Exchange Commission (SEC).However, industry insiders point out that even if the CLARITY Act fails, the SEC and CFTC are still likely to continue advancing industry development through policy statements, regulatory guidance, and existing enforcement authority.In recent years, both agencies have issued multiple pieces of guidance clarifying the regulatory boundaries of business models such as crypto mining, Meme coins, and staking rewards. One of the most significant measures among these is the digital asset taxonomy framework, which seeks to establish standardized regulatory classifications for different types of digital assets. (CoinDesk)
Odaily News Stablecoin issuer Tether has announced that its asset tokenization platform Hadron will provide real estate asset tokenization technology for institutional investors in Saudi Arabia, bringing traditional real estate assets on-chain.Tether stated that it will collaborate with local Saudi partner First Data and fintech company BKN301 to provide institutional clients with infrastructure support for the issuance, management, and digitalization of real estate assets. In the future, this model could expand to other real-world asset (RWA) sectors such as energy and infrastructure financing.This move is Tether's latest initiative to expand from its stablecoin business into the real-world asset tokenization space. Tether launched the Hadron platform in 2024 to streamline the asset tokenization process, and is currently one of the world's largest issuers of tokenized gold assets, with its gold token XAUT reaching approximately $2.6 billion in size.In recent years, banks and asset management institutions have been exploring the tokenization of traditional assets such as money market funds, private credit, real estate, and equities on blockchain to improve settlement efficiency, broaden investor reach, and optimize capital utilization. Citigroup previously forecast that the tokenized securities market could reach $5.5 trillion by 2030.Saudi Arabia is actively exploring the application of blockchain technology in financial services, government, and supply chains as part of its economic diversification strategy under Vision 2030.Tether CEO Paolo Ardoino stated that with the digital transformation opportunities brought by Vision 2030, Saudi Arabia is an ideal market to demonstrate the value of the Hadron platform. (CoinDesk)
Odaily News U.S. Senator Elizabeth Warren stated that she supports advancing cryptocurrency-related legislation, but does not back the current CLARITY Act, arguing that the bill fails to adequately address key issues such as corruption, consumer protection, national security, and economic risks.Warren noted that the crypto industry needs a clear regulatory framework, but any regulatory approach must ensure investor protection and the safety of the financial system. She believes the CLARITY Act falls short in preventing conflicts of interest, safeguarding consumers, and mitigating potential systemic risks.The CLARITY Act aims to further clarify the division of regulatory responsibilities for U.S. digital asset markets, establishing a clearer legal framework for crypto asset trading, issuance, and market participants. Supporters argue that the bill would enhance industry certainty and drive innovation.However, some Democratic lawmakers, including Warren, have previously expressed concerns about crypto regulation legislation, arguing that certain proposals could weaken regulatory authority and create regulatory arbitrage opportunities for large crypto firms.Warren has long maintained a cautious stance on crypto assets, focusing on consumer protection, financial stability, and risks related to illicit activities in the crypto market. Her latest remarks indicate that U.S. crypto regulation legislation continues to face contention between the two parties and various interest groups. (CoinDesk)
According to CoinDesk, Ondo Finance announced the appointment of former Blockchain.com Chief Financial Officer Adam Schlisman as Chief Financial Officer. Schlisman previously also served at Monashee Investment Management. Ondo stated that this appointment aims to support the expansion of its tokenized assets and on-chain capital markets business. The company was founded by former Goldman Sachs executives and is currently one of the larger real-world asset tokenization platforms, with products covering blockchain-based US Treasury bonds and stocks.
According to CoinDesk, U.S. Senator Hagerty publicly called on the Senate to pass the CLARITY Act as soon as possible, emphasizing that "the U.S. must not fall behind in the digital asset space." Supporters argue that regulatory clarity is key to retaining builders and capital in the crypto industry; otherwise, there will continue to be a risk of talent and capital outflow to other jurisdictions. The next Senate vote is regarded as a critical milestone for the crypto industry.
According to CoinDesk, BNY Mellon (The Bank of New York Mellon) announced a partnership with crypto financial services company Galaxy (GLXY), planning to add staking functionality to its digital asset custody platform. Institutional clients will be able to stake digital assets in custody directly through the BNY platform without needing to transfer tokens to third-party service providers. The service is pending regulatory approval before officially launching. Galaxy will be responsible for providing staking infrastructure and will participate in platform expansion as a design partner.
According to CoinDesk, Strategy founder Michael Saylor announced that the company has launched the Bitcoin 200-week moving average (200W MA) and its premium/discount tracking feature on its official website. Saylor stated that since the 200W MA data became available, Bitcoin has traded above this line 92% of the time, and the current price is almost exactly near this line.
According to CoinDesk, Project Agorá, led by the Bank for International Settlements (BIS), recently completed a cross-border payment test with real funds. Participants included 28 commercial banks such as JPMorgan Chase, Citigroup, UBS, Deutsche Bank, and Standard Chartered, as well as five central banks. The test processed approximately $1 million (about 800,000 Swiss francs) in real transactions, covering six currencies: the US dollar, euro, pound sterling, Japanese yen, Swiss franc, and South Korean won. The test utilized tokenized central bank reserves and commercial bank deposits, settling funds on a shared ledger with an average settlement time of about 80 seconds. Unlike traditional cross-border payments that require intermediation by multiple correspondent banks, the platform achieved shared single ownership records and supports synchronized settlement of bilateral foreign exchange, effectively reducing principal risk. The BIS stated that the platform can operate in parallel with existing payment systems, rather than replacing them.
According to CoinDesk, Swiss digital asset bank AMINA is partnering with Wall Street firm Cantor to evaluate potential listing options. Sources familiar with the matter said the company had explored paths such as mergers with special purpose acquisition companies, but currently favors entering the public market through a reverse acquisition by a digital asset treasury company. However, AMINA stated that relevant discussions are still ongoing and no final decision has been made; the core goal at this stage is to raise capital to support strategic growth, rather than pushing for a rapid listing.
According to CoinDesk, Lido has launched its largest upgrade since V2, planning to integrate more than 8 million staked ETH, valued at approximately $16.5 billion, into the new validator architecture following the Ethereum Pectra upgrade.
According to CoinDesk, the new draft of the CLARITY Act has been officially released. This draft merges the two versions from the Senate Banking Committee and the Agriculture Committee and includes ethics provisions for the first time. Voting procedures are expected to commence this Monday or Tuesday, with the formal vote potentially taking place as early as the week of August 3.