Latest

CeFi
BitGo CFO to Exit as Q2 Net Loss Hits $19 Million
Revenue jumped 80%, but trading and staking margins weakened as BitGo targeted $15 million in annualized savings following June layoffs.

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.
DeFi
Pump.fun's Share Of Launchpad Fees Fell To 27% In July. Four Weeks Later It's Back Above Half
Two launchpads on Robinhood Chain cut pump.fun's share of launchpad fees from 80% to 27% in two weeks. Pump.fun's fees are up 30% over 30 days anyway, because the category grew 77% around it. Memecoin prices did not participate.

Blockchains
Marinade Says 28.83% of Solana Stake Went Delinquent, Nearing Finality Halt
Teraswitch confirmed a 12-site routing failure; Marinade said 94% of the 118.89 million SOL on its autonomous system went dark.

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.
Blockchains
Solana Community Argues Over Whether Its Foundation Should Pick Winners
Flash.Trade's founder said Foundation backing for a rival contributed to his decision to wind the perps exchange down. Foundation president Lily Liu says the market decides who wins.

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.