In this weekly recap, we cover:

  • VanEck Files for Solana ETF: Investment manager VanEck filed for a spot Solana exchange-traded fund (ETF) in the US, aiming to list on the Cboe BZX exchange.
  • VanEck Waives Fees on Ethereum ETF: VanEck plans to waive fees on its proposed spot Ethereum ETF until 2025 or until assets under management (AUM) reach $1.5 billion.
  • Coinbase Sues SEC and FDIC: Coinbase has filed lawsuits against the SEC and FDIC for failing to comply with Freedom of Information Act (FOIA) requests, seeking transparency on crypto regulation.
  • FTX to Poll Creditors on Reorganization Plan: FTX bankruptcy advisers will solicit creditor feedback on its Chapter 11 reorganization plan, with votes due by August 16.
  • Julian Assange’s Release Funded by Crypto Donations: Julian Assange’s release travel expenses were covered by a significant Bitcoin donation, aiding his return to Australia.
  • Blast’s Airdrop Goes Live: Ethereum Layer 2 network Blast distributed 17 billion BLAST tokens, drawing attention to other Layer 2 networks like Linea and Scroll.
  • Solana Foundation Unveils Blinks and Actions: Solana Foundation introduced new tools, “Actions” and “Blinks,” to enable on-chain transactions directly from websites and apps.
  • FBI Increases Bounty for ‘Crypto Queen’ Ruja Ignatova: The U.S. Department of State has raised the reward for information leading to the capture of Ruja Ignatova to $5 million.
  • Ripple CEO Criticizes SEC Chair: Ripple CEO Brad Garlinghouse claimed that SEC Chair Gary Gensler’s actions could negatively impact President Joe Biden’s reelection chances, questioning the SEC’s regulatory approach.