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a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'
Regulation & Politics

a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'

Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies.
Sentora Opens A Lending Vault Against Wellington's First Native Onchain Credit Strategy
DeFi

Sentora Opens A Lending Vault Against Wellington's First Native Onchain Credit Strategy

The Morpho vault holds $9.6 million of PayPal's stablecoin and lends against mWIN, a Luxembourg-issued token whose bond portfolio Wellington Management runs. Of the 8.31% headline yield, 7.61 percentage points come from a PYUSD reward stream.
Uniswap Ships A Memecoin Launchpad On Robinhood Chain, Topped By $FRONG Token Minted Six Days Early
DeFi

Uniswap Ships A Memecoin Launchpad On Robinhood Chain, Topped By $FRONG Token Minted Six Days Early

Pools opened four and a half hours behind its own countdown. Uniswap Labs claims the product and disclaims every token on it, including FRONG, the frog memecoin named after its teaser video that leads the platform at a $12.1 million valuation.
Aave And ether.fi Founders Lead Opposition To Ethereum's Staking Yield Burn
Blockchains

Aave And ether.fi Founders Lead Opposition To Ethereum's Staking Yield Burn

Stani Kulechov and Mike Silagadze headline two days of opposition to the tapered issuance burn, now renumbered EIP-8363. Ethereum core devs decide Thursday whether to consider it for Hegotá.
Traders Push CLARITY Act Odds Into 2027 After Thune Skips Cloture Filing
Regulation & Politics

Traders Push CLARITY Act Odds Into 2027 After Thune Skips Cloture Filing

Kalshi's Sept. 1 contract now trades at 2 cents, while the price on enactment before Jan. 1, 2028 ticked up, moving the implied probability out of this year and into the next.
Dinari Opens 724 Tokenized US Stocks to Eligible US Investors
TradFi & Fintech

Dinari Opens 724 Tokenized US Stocks to Eligible US Investors

Dividends on Dinari's dShares now pay out natively in USDC, while 24/7 trading and T+0 settlement remain future capabilities the company says depend on regulatory requirements.
Circle Names BlackRock, Visa, ICE and DTCC Among 11 Founding Arc Validators
Blockchains

Circle Names BlackRock, Visa, ICE and DTCC Among 11 Founding Arc Validators

Circle's own disclaimer says Arc will be "operated by a permissioned validator set" and has not been reviewed by the New York State Department of Financial Services or any other regulator.
Nomura’s Laser Digital Backs ZIGChain’s Emerging-Market Private Credit Push
DeFi

Nomura’s Laser Digital Backs ZIGChain’s Emerging-Market Private Credit Push

Laser Digital bought ZIG tokens and will structure and risk-govern a pipeline of vault products with ZIG Markets, which says it has originated more than $50 million with no defaults so far. The investment size was not disclosed.
Pirate Nation Studio Proof of Play Shuts Down, Open-Sources Code and Art
NFTs & Web3

Pirate Nation Studio Proof of Play Shuts Down, Open-Sources Code and Art

The studio released the Pirate Nation Unity app and smart contracts on GitHub and put its artwork, IP and Founder Pirates NFTs into the public domain under a CC0 license.
Eliza Labs' Shaw Walters Says ai16z Token Is 'Dead' After Settling Burwick Law Class Action
Tokens

Eliza Labs' Shaw Walters Says ai16z Token Is 'Dead' After Settling Burwick Law Class Action

The token that once carried a $2.5 billion market capitalization is now worth about $305,000, and Walters says he owns none of it.