Markets
The White House wants Congress to pass crypto bills addressing stablecoins and crypto market structure by August. One is on track, but the other just got pushed into the fall.
Regulation
JPMorgan’s new ‘JPMD’ trademark hints at a wider digital asset push, potentially laying groundwork for a broader crypto platform.
Pump.fun’s X account was suspended in a broader crackdown on crypto profiles, following lawsuits and rising scrutiny of its memecoin launches.
Polyhedra blamed an onchain liquidity attack and large token deposits by Wintermute for the 80% crash of its ZKJ token.
Eric Trump distanced himself from Tron’s Nasdaq ambitions despite his advisory role at the bank managing its $210 million stock deal.
The Ethereum Foundation pledged up to $1.25 million to support Tornado Cash co-founder Roman Storm’s legal defense ahead of his July trial.
Business
Trump Media secured SEC approval to raise $2.3 billion and hold bitcoin on its balance sheet, joining the ranks of crypto-heavy public firms.
Just 170 traders on Hyperliquid have cracked $10 million in profits, most relying on big capital rather than massive returns.
Polyhedra’s ZKJ token crashed over 80% after a liquidity spiral triggered by abnormal trades and mass redemptions linked to the KOGE ecosystem.
Lawmakers on both sides quietly tried to address Trump’s crypto interests in the CLARITY Act, but the White House pushed back.
