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HSBC Issues First Digitally Native Structured Product in Hong Kong
TradFi & Fintech

HSBC Issues First Digitally Native Structured Product in Hong Kong

The bank placed USD-denominated notes issued directly on a blockchain, with Marketnode acting as tokenization agent and digital paying agent.
Hyperliquid, Phantom Ask CFTC to Exempt DeFi From Broker Rules
Regulation & Politics

Hyperliquid, Phantom Ask CFTC to Exempt DeFi From Broker Rules

The joint filing asks regulators to turn Phantom's March no-action relief into a formal rule covering all non-custodial wallet providers.
Gauntlet Raises $125M Series C From SBI Holdings
DeFi

Gauntlet Raises $125M Series C From SBI Holdings

SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure.
Interpol Ties $122.5M Crypto Wallet to Romance Scam Ring
Security

Interpol Ties $122.5M Crypto Wallet to Romance Scam Ring

Thai police made two arrests as Interpol's 97-country sweep logged 5,811 arrests and $293 million in intercepted assets.
Summer.fi Hacker Moves $1.35M Into Tornado Cash
Hacks

Summer.fi Hacker Moves $1.35M Into Tornado Cash

Summer.fi's own post-mortem confirms the attacker began laundering the $6M haul through the mixer, calling it a sign of "limited intent to return the funds voluntarily."
Arbitrum to Capture 10% of Fees From Robinhood Chain
Tokens

Arbitrum to Capture 10% of Fees From Robinhood Chain

Offchain Labs co-founder Steven Goldfeder says every Arbitrum-based Layer 2, not just Arbitrum One, will now route a fee cut back to the ARB treasury.
Aave Labs Launches Stable Vaults for Fintech Stablecoin Yield
DeFi

Aave Labs Launches Stable Vaults for Fintech Stablecoin Yield

The vaults convert Aave's variable lending rates into fixed yields that wallets, exchanges and payment apps can offer their own users.
MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal
TradFi & Fintech

MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal

The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead.
Zapper to Shut Down Aug. 3 After Nearly Seven Years
DeFi

Zapper to Shut Down Aug. 3 After Nearly Seven Years

The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option.
Robinhood Chain Metrics Surge as the Network Leans Into Memecoins
Blockchains

Robinhood Chain Metrics Surge as the Network Leans Into Memecoins

Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.