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WLFI Token Trading Proposal Garners 99% Support - Unchained

World Liberty Financial is conducting a community vote until July 16 on making its WLFI governance token tradable, with over 99% support from voters. However, tokens owned by founders, including the Trump family, will remain locked initially.
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Pump.fun Draws Backlash After Confirming PUMP ICO - Unchained

Pump.fun, a Solana memecoin launchpad, plans to launch its PUMP token via an ICO on July 12, with significant allocations to public sale, community, team, and early investors. Critics warn it could harm the memecoin market, highlighting potential inconsistencies from the co-founder.
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Eigen Labs Cuts 25% of Workforce to Prioritize EigenCloud: Report - Unchained

Eigen Labs laid off 25% of its workforce to focus on developing EigenCloud, a platform for verifiable applications. CEO Sreeram Kannan expressed optimism about future demand for such technology. Affected employees will receive compensation and support.
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Phantom Wallet Launches Direct Perpetual Trading With Hyperliquid - Unchained

Phantom wallet has integrated direct perpetual futures trading via Hyperliquid, allowing users to trade over 100 markets, access up to 40x leverage, and use risk management tools. Users must fund their balance with SOL, which converts to USDC, with a rollout starting soon.
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Celsius $4B Bitcoin Lawsuit Against Tether Moves Forward - Unchained

A U.S. bankruptcy judge has allowed Celsius Network's $4 billion lawsuit against Tether to proceed, rejecting Tether's motion to dismiss. Celsius alleges Tether improperly liquidated BTC collateral, breaching their lending agreement.
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Ripple Seeks US National Bank Charter - Unchained

Ripple has applied for a U.S. national banking license to operate under federal supervision, allowing it to custody reserves and offer banking services. This move aligns with new legislation on stablecoin regulation.
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Ethena’s ENA Token Faces Pressure Ahead of $10M Unlock - Unchained

Ethena’s native token ENA saw its price drop lower ahead of a major unlock of approximately 40.63 million ENA tokens, worth about $10.34 million and representing 0.67% of the circulating supply.
As of 6:30 am ET, ENA was trading at $0.26, down 13.6% over the past month, and 82.8% below its
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Figma’s IPO Filing Unveils $70M Bitcoin ETF Stake - Unchained

Cloud-based design platform Figma disclosed a $69.5 million exposure to bitcoin via the Bitwise Bitcoin ETF (BITB) in its initial public offering (IPO) filing on Tuesday.
The investment originated from a $55 million purchase authorized by the board on March 3, 2024, which has since appreciated by a
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Ethereum Community Foundation Debuts to Fund Tokenless Projects, Prioritize ETH Burn - Unchained

Zak Cole has launched the Ethereum Community Foundation (ECF) to fund "tokenless" projects and promote ETH burning mechanisms, enhancing ETH's economic value and institutional adoption. Announced at the Ethereum Community Conference, it will support immutability and decentralization.
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Maple Finance and EtherFi Launch Institutional Loans Backed by weETH - Unchained

Decentralized finance platform Maple Finance has integrated EtherFi’s weETH as collateral for its on-chain institutional lending platform
The integration enables qualified borrowers to access USDC loans backed by weETH, EtherFi’s restaked Ethereum token, while continuing to earn ETHFI
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Senator Lummis Pushes Making Small Crypto Transactions Tax-Free in ‘Big Beautiful Bill’ - Unchained

Senator Cynthia Lummis is leading a push to make small crypto transactions tax-free in the Senate’s “One Big Beautiful Bill” (OBBB), with a proposed amendment that would introduce a de minimis capital gains exemption for minor crypto payments.
The amendment would set a threshold – currently propose
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Robinhood Is Building Its Own Layer 2 Blockchain - Unchained

Trading platform Robinhood announced the development of its own layer 2 blockchain, designed to power the tokenization of real-world assets like stocks and exchange-traded funds (ETFs).The new blockchain will be based on the Arbitrum technology stack and is intended to support features like 24/7 tra
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Circle Seeks U.S. Banking License to Directly Custody Billions in USDC Reserves - Unchained

Circle has applied for a national trust bank license to create the First National Digital Currency Bank, enabling it to manage USDC reserves directly and provide custody services for digital assets. This comes amid evolving U.S. regulations on stablecoins.
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LeverFi Mints 13.7B New Tokens After Binance Delisting Announcement - Unchained

Decentralized leveraged trading and lending platform LeverFi has minted 13.7 billion new LEVER tokens, according to onchain data, but the team behind the protocol has yet to offer an explanation.
The quiet minting event has raised concerns within the crypto community, especially given its timing
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Ethereum’s Vitalik Buterin Warns Worldcoin’s Biometric IDs Threaten Privacy - Unchained

Ethereum co-founder Vitalik Buterin warned that Sam Altman’s World digital ID project poses a significant threat to online pseudonymity and privacy.
In a blog published over the weekend, Buterin argued that under a strict one-person-one-ID system, even if ZK-wrapped, users may be compelled to
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Lido DAO Enables Dual Governance, stETH Holders Can Trigger ‘Rage-Quit’ Mode - Unchained

Lido DAO has approved a dual governance system that empowers ETH stakers with veto power over proposals. StETH holders can freeze decisions if dissent reaches 10%, enhancing checks and balances in governance.
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Bakkt Files to Raise $1 Billion for Bitcoin and Crypto Treasury Push - Unchained

Bakkt Holdings has filed a shelf registration with the SEC to raise up to $1 billion by selling securities, enabling investment in bitcoin and digital assets. This flexible approach allows multiple offerings without new filings, enhancing market responsiveness.
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Kraken Launches ‘Krak’ App to Rival Venmo and PayPal - Unchained

Kraken has launched "Krak," a peer-to-peer payment system allowing easy cross-border transactions of cryptocurrency and fiat. Users can send money using a unique ID, earn yields on stablecoins, and compete with established payment apps.
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Polychain Made $80 Million From Selling Celestia Staking Rewards - Unchained

Polychain Capital invested $20 million in Celestia and has earned over $80 million through staking rewards, achieving a fourfold return without selling its initial stake. Critics argue this prioritizes insider profits over project success.
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