Ripple Moves Majority of RLUSD Supply to XRP Ledger
Ripple has shifted 57% of RLUSD supply, or $871 million, to the XRP Ledger. The move follows the formal end of the SEC lawsuit in August 2025.
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Lawson to Trial Yen Stablecoin Payments at Tokyo Store
Lawson will begin testing JPYC stablecoin payments at a Tokyo convenience store in August. The trial integrates yen-pegged digital currency directly into the POS system.
Hedera Exploit Surpasses $5 Million as Funds Bridged to Ethereum
Hedera has reportedly suffered an exploit exceeding $5 million, with stolen assets bridged to Ethereum. The incident adds to over $28 million in crypto platform losses recorded in July.
Hong Kong Bans OTP Logins for Crypto Platforms
Hong Kong’s securities regulator has banned SMS and email one-time password logins for crypto platforms. The move follows a surge in phishing-related cyber incidents.
VI3NNA Declaration 2026 Calls for European Digital Asset Infrastructure
The VI3NNA Declaration 2026 calls for a European digital asset infrastructure and outlines 12 measures. The paper cites stablecoin growth, job losses, and regulatory fragmentation.
Hyperliquid and Phantom Urge CFTC to Clarify DeFi Rules
Hyperliquid and Phantom filed a joint comment urging the CFTC to clarify that DeFi software and non-custodial wallets are not exchanges. The regulator will review responses before deciding on guidance or rulemaking.
SWIFT launches blockchain ledger with 17-bank pilot
SWIFT has moved its blockchain-based shared ledger into live deployment with 17 banks preparing tokenized deposit pilots. Final settlement still runs through traditional correspondent banking rails.
Wyden Pushes to Keep Section 604 in Clarity Act Debate
Senator Ron Wyden is pushing to keep Section 604 in the Digital Asset Market Clarity Act. The provision clarifies that non-custodial software developers are not money transmitters solely for publishing code.
US Judge Approves $1.5M SEC Settlement With Elon Musk
A federal judge approved Elon Musk’s $1.5 million settlement with the SEC over delayed disclosure of his Twitter stake. The case is now formally closed.
Binance Disputes DOJ Memo on US Law Enforcement Cooperation
Binance rejects claims that it will scale back cooperation with US authorities after a reported DOJ memo. The exchange cites a possible misreading of its ADGM licensing obligations.
DOJ Memo Flags Possible Shift in Binance Cooperation
A reported DOJ memo warns prosecutors of possible reduced Binance cooperation in crypto cases. Binance denies any change to its law enforcement policies.
DDSC Approved for VARA Exchanges in UAE
DDSC has received Central Bank approval to partner with selected VARA-regulated exchanges in the UAE. The dirham-backed stablecoin has already processed over AED 150 million in transactions.
WEMIX Lists on Kraken, Expanding Access to Western Markets
WEMIX has been listed on Kraken with a USD trading pair. The move expands the gaming-focused Layer-1 token’s reach into Western markets.
TAC Drops Over 90% in Minutes With No Confirmed Cause
TAC plunged from around $0.06 to nearly $0.004 within minutes on July 7. No confirmed security breach has been reported.
Bitcoin Suisse Secures FSRA License in Abu Dhabi
Bitcoin Suisse subsidiary BTCS ME has received Financial Services Permission from ADGM’s FSRA, allowing it to provide regulated digital asset services to institutional clients in the UAE.
Meta Discloses $1.4 Trillion Penalty Demand in US Youth Safety Case
California, Colorado, Kentucky, and New Jersey are seeking $1.4 trillion from Meta over alleged youth safety violations. The case is part of a broader 29 state trial under COPPA.
BONK DAO Loses $20 Million in Governance Attack, Token Drops
BONK DAO confirmed that $20 million in tokens were drained through a malicious governance proposal. The token fell over 10% as stolen funds began moving to exchanges.
