1h ago
Phantom hires Hyperliquid market builders to embed perpetual futures into its wallet
Phantom, a mainstream non-custodial wallet with more than 15 million monthly active users, said it has hired a team that previously led the build-out of a highly liquid perpetuals market on Hyperliquid. The move is aimed at integrating decentralized perpetual trading directly into Phantom’s wallet infrastructure rather than relying on an API connection. Hyperliquid now has more than $2 billion in total value locked, and its average daily perpetual volume is comparable to some mid-tier centralized exchanges. The step reinforces Solana’s position in on-chain derivatives and could also support demand for on-chain perpetual liquidity tied to major assets such as Ethereum and Bitcoin.
BTC
BTC+1.86%
1h ago
2h ago
Solana trades near $84.40 resistance as three SIMD proposals target issuance cuts and higher fee burns
SOL is trading near the $84.40 resistance level, with traders watching for a daily close above it to confirm a breakout. Separately, three Solana Improvement Documents—SIMD-550, SIMD-123 and SIMD-553—are under discussion, targeting faster progress toward a 1.5% inflation rate, custodial staking pools for institutions and ETFs, and transaction fees priced by compute and fully burned. Based on the figures provided, Solana issues about 60,000 SOL per day while burning about 650 SOL, and the proposals could lift daily burns to 7,500–9,000 SOL, narrowing net supply growth.
SOL
SOL-0.59%
2h ago
2h ago
GRAM rebounds 20% in early July as July 27 unlock of 2.80 million tokens looms
GRAM rose 20% in early July from its June low of $1.48, with $2.27 seen as the key resistance and a break potentially opening a move toward $3.48. A token unlock scheduled for July 27 could add supply pressure, with 2.80 million GRAM worth about $5.04 million set to be released, according to Coinglass data. On-chain metrics point to steady network activity, including 3.17 billion total transactions, nearly 3 million transactions per day on average, and addresses rising from 175 million in March to 187 million in July.
2h ago
3h ago
Roblox faces 162 consolidated federal cases as it commits more than $35 million to child-safety fixes
In Q2 2026, Roblox was hit with 162 consolidated federal cases tied to child sexual exploitation and advertising issues, and it committed more than $35 million to remediation. The company also moved to COPPA-compliant contextual advertising through a partnership with SuperAwesome and introduced a higher U.S. 18+ DevEx rate that is roughly a 42% premium. The article argues that Web3 game studios seeking brand ad budgets should build compliance up front, including privacy-preserving age checks, on-chain spending limits and content suitability labels, rather than patching problems after launch.
ID
ID-4.85%
3h ago
4h ago
Open USD launches 2026-06-30 with reserve-yield sharing, challenging USDC’s issuer-only economics
Open USD officially launched on June 30, 2026, introducing a reserve-yield sharing model that allocates Treasury income to more than 140 partners including Visa, Stripe and Coinbase, after a small management fee. The approach directly challenges USDC’s longstanding structure in which reserve yield largely accrues to the issuer, even as USDC and USDT remain the largest stablecoins at roughly ~$73B and ~$145B in market cap, according to CoinDesk. Circle shares fell more than 17% in the same session. The model has not yet displaced USDC’s liquidity and trust advantages, but it has intensified scrutiny of how durable centralized yield capture is.
USDC
USDC-0.01%
4h ago
5h ago
U.S. prediction markets top $44 billion in 2025 volume as regulators clash over what counts as gambling
A new analysis argues that U.S. regulation draws a fractured line between gambling and financial speculation, spotlighting prediction markets such as Polymarket and Kalshi and their conflict with state sports-betting rules. Notional trading volume across major prediction-market platforms exceeded $44 billion in 2025, with Polymarket and Kalshi together accounting for roughly $38 billion to $39 billion, according to Gambling Insider. The CFTC and state regulators are now battling in court over whether event contracts should be treated as gambling, while several states have launched enforcement actions. DraftKings’ exit from the American Gaming Association and its launch of a CFTC-regulated product underscore a broader shift toward the federal derivatives framework.
US
US-0.36%
5h ago
6h ago
Crédit Agricole launches EURXT euro stablecoin on Ethereum with €20 million initial float on July 4, 2026
Crédit Agricole on July 4, 2026, the day MiCA took full effect, launched EURXT, a euro stablecoin issued on Ethereum by its CACEIS unit with an initial €20 million in circulation and 1:1 euro-reserve backing. The token was used to settle an institutional subscription into Amundi’s first onchain UCITS money market fund, with payment and fund units delivered onchain in the same flow. The bank said EURXT is the first MiCA electronic money token in euros issued directly by a systemic bank and deployed in live settlement, and it is offered to institutional clients rather than retail users.
USDC
USDC-0.01%
6h ago
7h ago
CLARITY Act gains momentum as Trump reports $1.4 billion from crypto ventures
Momentum built behind the U.S. CLARITY Act after Major County Sheriffs of America shifted from opposition to a neutral stance, easing law-enforcement concerns around Section 604, a provision aimed at shielding noncustodial wallet and decentralized platform developers. The bill has already cleared the Senate Banking Committee, and supporters are pushing for a full Senate vote before the U.S. midterm elections in November. Separately, Trump disclosed about $1.4 billion in reported 2025 income tied to crypto activities including the TRUMP token and World Liberty Financial, reigniting conflict-of-interest scrutiny. U.S. spot Bitcoin ETFs posted $221.7 million of net inflows in a day, snapping a 10-day streak of outflows.
7h ago