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Magic Labs Sells Wallet Business to Kraken Parent Payward
CeFi

Magic Labs Sells Wallet Business to Kraken Parent Payward

The embedded-wallet pioneer is rebranding as Newton Labs to focus on an onchain authorization layer that vets transactions against policy before they settle.
Securitize Registers Capital Affiliate as SEC Investment Adviser
Regulation & Politics

Securitize Registers Capital Affiliate as SEC Investment Adviser

Securitize Capital's registration took effect July 22, SEC records show, adding an advisory license to the tokenization firm's U.S. regulatory lineup three weeks after its NYSE debut.
Coinbase Opens 'Launches' Tab for New Base, Solana Tokens
DeFi

Coinbase Opens 'Launches' Tab for New Base, Solana Tokens

The feature routes users into Coinbase's built-in DEX, which its product page says is not available in all locations and requires a self-custody wallet.
BitMart to Wind Down Exchange, End Trading by Aug. 26
CeFi

BitMart to Wind Down Exchange, End Trading by Aug. 26

The exchange gave no specific reason for the closure, and its BMX token fell about 59% in 24 hours after the announcement.
Perp DEX Dango to Wind Down, Will Halt Trading July 29
DeFi

Perp DEX Dango to Wind Down, Will Halt Trading July 29

The Hack VC-backed Layer 1 will shut its blockchain on Aug. 13 and return user funds as USDC, closing out a mainnet run of under four months that began with a $1.9 million exploit.
India Orders GitHub to Remove Jack Dorsey's Bitchat Code
Regulation & Politics

India Orders GitHub to Remove Jack Dorsey's Bitchat Code

India's cybercrime agency gave GitHub three hours to pull three Bitchat repositories, objecting to the mesh messaging app's ability to work during internet shutdowns amid protests in New Delhi. Digital rights advocates called the order unconstitutional.
Ex-Sushi CTO Joseph DeLong to Launch Order Book DEX on Robinhood Chain
DeFi

Ex-Sushi CTO Joseph DeLong to Launch Order Book DEX on Robinhood Chain

The former SushiSwap CTO described the decentralized exchange as a side project that 'outgrew nights and weekends,' with no specs, contract, or token disclosed.
Stacks Bitcoin Staking Upgrade Vote Passes With 99%, Muneeb Says
Blockchains

Stacks Bitcoin Staking Upgrade Vote Passes With 99%, Muneeb Says

Most exchanges and partners have signaled readiness for the hard fork, though a few are still reviewing details and the upgrade has not yet activated.
Samsung Says Wallet Will Add Stablecoin Support
TradFi & Fintech

Samsung Says Wallet Will Add Stablecoin Support

The announcement at Galaxy Unpacked in London came with no timeline, issuers, or markets — but would put stablecoins on hundreds of millions of phones.
BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down
CeFi

BitMEX, Hayes Sued Over 623 BTC Liquidation Claims as Exchange Winds Down

A proposed class action landed in New York federal court the same day BitMEX announced it will close on Sept. 23, reviving allegations the exchange pocketed customer collateral.good job I as