Latest

Regulation & Politics
Polymarket Applies for US License to Offer Margin Trading
The filing would let Polymarket users open positions without posting full collateral, following Kalshi's FCM-backed perpetuals launch.

DeFi
Sky Reports Record $419M Revenue Run-Rate for June 2026
Cumulative sUSDS yield payouts topped $250 million as Grove launched its GROVE governance token and a new Fixed Yield product crossed $44.1 million in TVL.

DeFi
Uniswap Floats Turning On Protocol Fees for v4 Pools
Temp check would extend the fee switch to Uniswap's newest architecture, drawing an early warning that the move "risks killing the protocol."
Blockchains
South Korea Super-App Toss to Run Won Stablecoin Pilot on OP Stack
Optimism says Toss is the fourth regulated financial institution in a year to pick the OP Stack, after Bitpanda, Kraken and Mitsui.

People
Coinbase Chief Legal Officer Paul Grewal to Step Down
Molly Abraham is set to take over as general counsel as Grewal shifts to a three-month advisory role through October.
CeFi
Circle Wins Final OCC Approval for National Trust Bank
The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under direct federal supervision. Shares rose more than 10%.
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.

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.

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.

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.


