Global Crypto

Reading Time: 2 minutes The US Department of Justice under President Donald Trump is reportedly preparing to drop criminal charges against Matthew Goettsche, the alleged mastermind behind the $722 million BitClub Network crypto Ponzi scheme, according to Bloomberg. The decision could mark one of the most dramatic reversals in the history of cryptocurrency fraud enforcement in the United States and has already triggered debate across the digital asset industry and legal circles.

Reading Time: 2 minutes Circle has secured final approval from the U.S. Office of the Comptroller of the Currency to launch its own federally regulated national trust bank, marking one of the most significant milestones in the evolution of digital asset banking in the United States.

Reading Time: 2 minutes Robinhood’s newly launched Ethereum Layer 2 network is already witnessing its first viral crypto phenomenon, as the community-driven memecoin CASHCAT surged to a peak market capitalization of nearly $150 million just days after the blockchain went live. The explosive rally highlights how quickly permissionless ecosystems can develop their own narratives, even when their creators have entirely different ambitions.

Reading Time: 2 minutes Base has activated the B20 token standard on its mainnet, introducing a native framework designed to transform token issuance across the rapidly expanding Ethereum layer 2 ecosystem. The new standard replaces traditional smart contract heavy deployments with Rust powered precompiles that process transactions closer to the protocol layer, dramatically reducing transfer costs while improving throughput and scalability.

Reading Time: 2 minutes SWIFT has unveiled a blockchain-powered shared ledger designed to enable 24/7 cross-border payments between major financial institutions, marking one of the most significant integrations of distributed ledger technology into the traditional banking system.

Reading Time: 2 minutes Tether has minted $1 billion worth of USDT on the Tron blockchain after a two month pause, pushing the network’s total USDT supply beyond the $90 billion mark for the first time. The move highlights Tron’s growing role in the global stablecoin economy and strengthens its position as the leading blockchain for USDT circulation and payments. The latest issuance arrives as Bitcoin trades under pressure and crypto markets search for fresh liquidity.

Reading Time: 2 minutes BNB Chain is preparing to launch a new Layer 1 blockchain specifically designed for agentic trading, introducing infrastructure capable of processing transactions in less than 50 milliseconds. The announcement signals a major shift toward blockchain networks optimized for artificial intelligence agents, algorithmic strategies, and high frequency decentralized finance applications.

Reading Time: 2 minutes Tether has removed $2.5 billion worth of USDT from the Ethereum blockchain in what the company described as a routine treasury management operation tied to customer redemptions. The transaction involved 2.5 billion USDT moving from a Tether controlled address to a multisignature wallet before the tokens left circulation, reducing the total amount of USDT available on Ethereum by roughly 1.3%.

Reading Time: 2 minutes Vanguard, one of the world’s largest asset managers with approximately $12 trillion in assets under management, is searching for a new head of crypto. The move has sparked fresh discussions across the digital asset industry as investors assess whether the investment giant is preparing to strengthen its blockchain and cryptocurrency strategy.

Reading Time: 2 minutes BonkDAO, the decentralized governance body behind the Solana-based memecoin BONK, has lost approximately $20 million worth of treasury assets after attackers successfully manipulated the project’s governance process rather than exploiting a smart contract vulnerability. The incident, disclosed by the Bonk Inu team on July 7, is being described as one of the most significant decentralized governance attacks of 2026.