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Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion.
Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the court July 28...
Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30.
According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues amounted to $85....
Bitcoin (BTC) registered a 1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%, trading at $116,320.13 as of press time following a quick visit below the $116,000 threshold.
This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14%
Major cap altcoins registered the same movement. Ethereum (ETH) slid 1.74% to $3,...
President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve.
The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin...
Bitcoin investors are showing renewed conviction, holding onto their assets despite record-setting unrealized gains.
According to a July 30 Glassnode report, the total paper profits held by Bitcoin holders now exceed $1.4 trillion, surpassing figures earlier recorded this month.
Bitcoin Unrealized Profit (Source: Glassnode)
This milestone reflects a growing tendency among investors to delay...
Polygon’s proof‑of‑stake (PoS) network suffered a one‑hour outage on July 30 that disrupted apps and users.
According to Polygon CEO and founder Sandeep Nailwal, the incident did not stop block production.
However, QuickNode Status reported that block production stopped for one hour at block height 74,592,238, echoing other reports made by users on X.
Consensus hiccup
In a post on X, Nailwal...
Ten years ago, Ethereum was little more than an idea on Reddit. Today, it stands as one of the most significant technological innovations in modern finance.
Co-founded by Vitalik Buterin in 2013, Ethereum began with a vision to move beyond Bitcoin’s perceived limitations.
Ethereum’s early days
That vision sparked interest from fellow technologists, including Gavin Wood, who would go on to write...
Coinbase has entered a new agreement with JPMorgan Chase, according to a July 30 statement, to expand crypto access for the bank’s 80 million customers.
The partnership will allow Chase users to interact with digital assets directly through Coinbase-linked services, starting later this year.
Beginning in the fall, Chase credit card holders will be able to fund their Coinbase accounts using their...
Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements.
The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional partnerships....
World Liberty Financial (WLFI), the DeFi initiative tied to President Donald Trump, has made substantial investments of over $11 million into Ethereum and a new stablecoin project this week.
These moves reflect WLFI’s growing ambition to build out core blockchain infrastructure and deepen its presence across the digital asset ecosystem.
Falcon Finance
On July 30, WLFI announced that it invested $...