Latest

TradFi & Fintech
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions.

Regulation & Politics
SEC Advances Tokenized-Securities Exemption That Could Enable 24/7 Trading
Atkins says the framework would support compliant onchain trading while long-term rules are developed; Friday's scheduled Commission consideration covers a separate offering proposal.

CeFi
Bitwise Cuts 14% of Staff as Client Assets Fall to $9 Billion
The crypto asset manager reduced headcount to about 155 from 180, while its BITW index fund ended June with $532.8 million in net assets, down from $1.03 billion at year-end.

Hacks
Harmony Patches Pre-Staking Quorum and Receipt-Replay Flaws After ONE Mint Claim
Harmony asked exchanges to block four wallets and paused its bridge, while an analyst’s estimate of four billion unauthorized ONE remains unconfirmed.

TradFi & Fintech
Barça Mobile Plans Stellar Wallet With Wirex and Crossmint
Wirex will provide payment and card infrastructure, Crossmint will handle wallet onboarding, and Stellar will supply the blockchain layer for the planned feature.

Regulation & Politics
CFTC Sues Goliath Ventures Over Alleged $397M DeFi Liquidity Pool Ponzi
The complaint says $87 million went to Ponzi payments, $174 million to recruiter commissions and $48 million to CEO Christopher Delgado's personal spending, with recoveries for roughly 1,600 customers now running through a bankruptcy estate.

TradFi & Fintech
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it produced last quarter.
TradFi & Fintech
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Ansa builds branded prepaid wallets that hold dollar balances for merchants, with no stablecoin leg. Founder Sophia Goldberg joins Rain as head of payments, and terms were not disclosed.
TradFi & Fintech
Coinbase Wins Abu Dhabi License for Tokenized Securities Hub
The FSRA permission covers arranging deals in investments and custody. Coinbase has not named a launch date, and the fine print limits which token holders can vote their shares.

TradFi & Fintech
MoneyGram Brings Cash-To-Crypto Ramps To Solana
MoneyGram Ramps is now native to Solana, ending its run as a Stellar-only product. Trading app Rift is the first Solana wallet to integrate it.




