Latest
Markets
Bitcoin Tops $68,000 as Short Liquidations Hit $1.7 Billion
Ether gained 9% and total crypto market value rose 5.1% after the U.S. Treasury said it would at least double the size of its long-dated bond buybacks. Short positions accounted for 91% of the day's liquidations.

TradFi & Fintech
HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger
Swift’s ledger matched and netted obligations recorded on the banks’ separate platforms, but final settlement still ran through existing systems.

TradFi & Fintech
Tenev Pushes for Tokenized Stocks in America
The Robinhood CEO published a case for US equity tokenization five days after the SEC shelved its innovation exemption for a second time.
Regulation & Politics
SEC Proposes Token Offering Rules With $75 Million Exemption
The proposal pairs two registration exemptions with a conditional safe harbor that would take the "investment contract" label off a token, and preempts state securities law. All three sitting commissioners backed it in a vote held outside a public meeting.
TradFi & Fintech
Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries
The payroll platform's dollar balance, issued through Stripe's Bridge and settled on Tempo, is now live across Latin America, Africa, the Middle East and Asia-Pacific. The US, UK, EU and Australia remain excluded.
TradFi & Fintech
Stripe’s Reported $7 Billion OpenRouter Deal Buys Micropayments Without a Blockchain
OpenRouter meters AI usage against prepaid deposits and charges 5% on crypto top-ups against 5.5% on card purchases made through Stripe. Stripe co-incubated Tempo to settle machine payments onchain; the chain is running at about one transaction per second.

CeFi
Tether Clears First Full Audit From KPMG Without Publishing the Statements
The Big Four firm issued an unqualified opinion on 2025 accounts for Tether's El Salvador issuing entity. The work was done to AICPA standards rather than the PCAOB standards the GENIUS Act sets for licensed U.S. issuers, and Tether has released neither the statements nor the opinion letter.

TradFi & Fintech
Norway Wealth Fund Discloses $81.9 Million BitMine Stake
The fund reported holding 6.15 million BMNR shares at June 30, giving it indirect Ethereum exposure through a listed company.

TradFi & Fintech
Tempo Launches Embedded Yield Product for Platforms, Starting With Deel
Tempo Earn routes rewards through Morpho vaults and tokenized money market funds, placing the payment outside the stablecoin issuer that US law bars from paying interest. Deel's contractor wallet is the first named deployment, at a promotional target rate of up to 4% APY.

DeFi
SharpLink Plans $200 Million ETH Allocation to Lido’s wstETH
Using Kraken’s displayed $1,889.84 ETH price, the planned allocation equates to about 106,000 ETH, roughly 12% of SharpLink’s reported holdings.





