Two developers went to prison-facing trials over four words in a 1970s-era framework: what counts as transmitting money. The answer decides whether writing DeFi code is a regulated financial business or protected publishing, and Section 604 of the CLARITY Act is Congress’s attempt to settle it. Summary A money transmitter is a business that accepts

Ethereum price has climbed from $1,800 to an intraday high near $1,945 after a technology-led Wall Street rebound revived risk appetite, although resistance below $2,000 has kept traders cautious. Summary Ethereum price holds above $1,900 after a Nasdaq-led rebound lifted risk appetite. Renewed ETF inflows and short liquidations could support a break above $2,000. A

The lobby representing JPMorgan, Goldman Sachs, and Citigroup has retained counsel to challenge the regulator that approved crypto’s bank charters. No suit has been filed. The threat is doing the work, and the fight underneath it decides who gets to be a bank in America. Summary The Bank Policy Institute, whose board includes the CEOs

BscScan, one of the main blockchain explorers used to track activity on BNB Smart Chain, has entered a scheduled maintenance window that could temporarily disrupt parts of its website and API services. Summary BscScan maintenance may interrupt website and API access, but BNB Chain transactions will continue processing. OKLink can track BNB Chain transactions, addresses,

Twenty One Capital has abandoned plans to merge with Bitcoin financial services company Strike, ending a key part of a proposed three-way combination backed by Tether. Summary Strike will remain independent after Twenty One abandoned plans to combine three major Bitcoin businesses. Jack Mallers stepped down as Twenty One CEO to focus on Strike’s next

Crypto exchange HTX has repeatedly changed its wallet infrastructure since the UK imposed sanctions linked to the platform in May, according to blockchain intelligence firm TRM Labs. Summary TRM Labs says HTX rotates wallets across four chains to stay ahead of sanctions screening. UK sanctions targeted Huobi Global in May over alleged support for Russia-linked

S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a new benchmark that selects digital assets using revenue, market size and liquidity measures.  Summary S&P and Pantera launched an 18-token index focused on revenue-generating digital assets for institutional investors. ETH, BNB, SOL, TRX and HYPE rank as the index’s

Bitcoin’s move above $66,000 has lifted CRCL, BMNR and MSTR by as much as 8.6% as investors position for the Federal Reserve’s July meeting. Summary Bitcoin’s move above $66,000 lifted CRCL, BMNR and MSTR during Tuesday’s trading. CRCL and BMNR broke descending resistance, while MSTR reclaimed the key $100 level. The Federal Reserve’s July decision

Solana price has climbed to $78 after buyers defended support near $74, though repeated failures below $80 and lingering concern over the BONK governance attack have kept market sentiment cautious. Summary Solana price has recovered to $78 but must close above $80 to confirm a breakout. SOL trades above four key moving averages, while liquidity

Movement Labs has filed for Chapter 11 bankruptcy with no more than $500,000 in assets and liabilities that could reach $10 million following more than a year of turmoil around the MOVE token. Summary Movement Labs filed for Chapter 11 with up to $10 million in liabilities. Rushi Manche holds its largest unsecured claim, worth