🔔  The European Union’s financial watchdog tasked with overseeing stablecoin regulations across the bloc — has opened up vacancies for crypto experts.

👉  Source

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🔔 The Aptos Foundation, in collaboration with Alibaba Cloud, China's largest cloud service provider, launched Alcove, Asia's first co-branded Move developer community, to promote smart contract programming languages ​​in the Asia-Pacific region. Alcove’s mission is to amplify the impact and proliferation of the Move smart contract programming language among talented developers.

👉 https://aptosfoundation.org/currents/aptos-foundation-and-alibaba-cloud-unite-to-boost-web3-in-japan

🔔 Paradigm has rolled out Reth 1.0, its first production-ready Ethereum execution client developed in Rust.

👉 Source

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🔔 Jesse Powell, the founder of Kraken, has donated $1 million to Donald Trump

➡️ Kraken founder Jesse Powell announced a $1 million donation to Donald Trump's campaign, citing Trump's pro-crypto stance. Powell criticized the Biden administration's regulatory approach, which he believes weakens U.S. competitiveness in crypto. Powell, who stepped down as CEO in 2022, still serves as Kraken's chairman.

👉
https://x.com/jespow/status/1806569144294556146

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https://x.com/xPortalApp/status/1808082437135630742

🔔 Bittensor's TAO Drops 15% Following $8M Wallet Drain Attack

➡️ Bittensor halted its blockchain after an attack drained $8 million from a user wallet, causing a 15% drop in TAO token prices. The chain is now in "safe mode," producing blocks but not processing transactions, with the latest transactions around 23:00 UTC on Tuesday.

👉
https://x.com/shibshib89/status/1808306071263760612

🔔 Uniswap Wallet Partners with Transak to Offer Fiat On-Ramping Services

➡️ Transak has partnered with Uniswap Labs to enable fiat purchases of crypto directly in the Uniswap Wallet. This integration aims to simplify access to decentralized finance (DeFi) for users in over 160 countries by supporting various payment methods like Apple Pay, Google Pay, and credit/debit cards.

👉 https://transak.com/blog/transak-powers-easy-defi-entry-for-users-with-uniswap-partnership

🔔 Binance Adds Monitoring Tags to 11 Tokens, Warns of Potential Delisting; Removes Tags from Enzyme (MLN) and Horizon (ZEN)

➡️ Binance has added monitoring tags to Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sun (SUN), indicating potential delisting. Enzyme (MLN) and Horizon (ZEN) have been removed from the monitoring tag.

👉
https://www.binance.com/en/support/announcement/782b121c462b499487dc8f20e0edc6b2

🔔 Aave Protocol Launches GHO Stablecoin on Arbitrum

➡️ Following a vote from the Aave DAO, the GHO stablecoin has been deployed on the Arbitrum network. The DAO plans to launch GHO on multiple networks over time, starting with Arbitrum due to its low transaction costs and increased throughput. This phased rollout is aimed at ensuring security and effective risk management.

👉 Source

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🔔 Texas Judge Fast-Tracks SEC Case Against Consensys

➡️ A Texas judge has scheduled the SEC's case against Consensys, with proceedings set between July 29 and November 26. A decision could come by the end of 2024 or early 2025. Consensys lawyer Bill Hughes noted the expedited consideration of whether the SEC can regulate MetaMask as a securities broker and issuer.

👉
https://x.com/BillHughesDC/status/1808141882762891747

🔔 SEC vs. Binance: Court Declares BNB Sales and Cryptocurrencies Not Securities

➡️ A U.S. federal court ruled that cryptocurrencies and secondary sales of Binance’s BNB token are not securities. Judge Amy Berman Jackson found the SEC failed to prove BNB purchasers expected profits, a key part of the Howey test. This decision is a significant win for Binance amid increased regulatory scrutiny post-FTX collapse.

👉
https://www.binance.com/en/blog/regulation/us-federal-judge-rejects-main-claims-by-sec-against-binance-6713897865359416262

🔔 South Korean Exchanges Set to Reassess 1,300 Tokens Using Updated Standards

➡️ South Korea's 20 crypto exchanges have established a new code of conduct, reevaluating over 1,300 cryptocurrencies. Starting July 19, the self-regulatory standards will coincide with South Korea’s crypto investor protection framework. Exchanges must now assess new tokens based on strict requirements and establish independent decision-making bodies for listings, maintaining records for 15 years to ensure transparency.

👉 Source

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🔔 SEC Charges Silvergate Capital and Executives for Misleading Investors on Compliance and Losses

➡️ The SEC charged Silvergate Capital, former CEO Alan Lane, and former CRO Kathleen Fraher with misleading investors about their BSA/AML compliance and monitoring of crypto customers, including FTX. Silvergate and former CFO Antonio Martino were also charged with misleading investors about losses from expected securities sales after FTX’s collapse. All parties, except Martino, have agreed to settle.

👉
https://www.sec.gov/newsroom/press-releases/2024-82

🔔 Sony Acquires Amber Japan, Enters Crypto Exchange Market

➡️ Sony Group has entered the crypto exchange field by acquiring Amber Japan. This follows Amber Group's earlier acquisition of Japan's regulated crypto platform DeCurret. Amber Group faced difficulties after FTX's collapse, leading to a debt-to-equity transaction with Fenbushj. Amber Group's investors include Temasek, Sequoia China, Pantera, Tiger, and Coinbase.

👉 https://coinedition.com/from-playstation-to-crypto-sony-acquires-amber-japan-expanding-into-digital-assets/

🔔 Galaxy Digital’s head of asset management believes spot Ether ETFs will be approved in “weeks” rather than days but agrees the decision will come sometime in July.

👉 Source

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🔔 ​​Solana-based restaking network Solayer closed funding round from Sandeep Nailwal, DCF God, Justin Bram, Anatoly Yakovenko, Nom, Joe Lallouz, Xinshu Dong, WSB Mod, 0xRooter, Joseph Delong. Amount raised is not disclosed.

👉 https://x.com/solayer_labs/status/1807797264934678588?t=AxzfVWoFD_a2DE4VC2l5zQ&s=19

🔔 BitMEX Introduces Memecoin Basket Index Tracking Top 10 Memecoins

➡️ BitMEX has launched the MEMEMEXTUSDT Basket Index Perpetual Swap Contract, offering traders exposure to the top 10 memecoins with up to 25x leverage. This contract simplifies trading by combining multiple memecoins into one instrument, similar to the S&P 500, and is rebalanced monthly for optimal performance.

👉
https://x.com/BitMEX/status/1808712735213171029

🔔 SEC Seeks Dismissal of Retailer's Crypto Lawsuit Over 'Phantom' Policy

➡️ The SEC has asked a judge to dismiss a lawsuit from Beba and the DeFi Education Fund, which seeks to confirm that Beba's token airdrop is not a security. The SEC argues the suit is premature and based on a non-existent policy, as Beba and DEF failed to cite any official SEC rule or action.

👉
https://cointelegraph.com/news/sec-claims-preemptive-airdrop-suit-used-phantom-crypto-policy

🔔 Consensys, the Ethereum-focused software developer and builder of the MetaMask wallet, has bought cryptocurrency security firm Wallet Guard.

👉 https://consensys.io/blog/consensys-acquires-wallet-guard-to-enhance-metamask-security