The Block
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CFTC opens door for crypto perpetual future contracts in US as Coinbase, Kalshi move forward
The CFTC opened the doors for perpetual futures contracts, giving way for Kalshi and Coinbase to offer those products.

Sui blockchain suffers more downtime following Thursday's six-hour outage
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."

Wintermute extends trading infrastructure into prediction markets
Wintermute extends trading infrastructure into prediction markets as multibillion-dollar sector draws institutional liquidity providers.

Aave Labs secures dual UK licenses for regulated crypto payments infrastructure through local subsidiary
Aave Labs has obtained FCA cryptoasset registration in the U.K. for its Push subsidiaries, unlocking zero-fee fiat on-ramps.

Base launches Azul on mainnet, pushing Coinbase's Ethereum L2 toward full decentralization
Base has deployed its Azul upgrade on mainnet, with multiproofs and a new client stack advancing decentralization.

Ventuals to compensate traders after pre-IPO SpaceX perps plunge 45% on Hyperliquid
Ventuals to compensate traders after faulty oracle data sent SPACEX perps down 45% on Hyperliquid, wiping $1.51 million.

'First and only': Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.

NYSE parent ICE held multiple talks with Hyperliquid to evaluate onchain perps market, CEO says
Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.

OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange
This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.

Treasury Secretary Scott Bessent reiterates 'no CBDC' commitment under Trump admin
During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.

Gemini crypto exchange launches AI data feed powered by Grok
The move comes as Gemini continues to expand beyond spot crypto trading into derivatives, predictions, and other financial services.

CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak
Bitcoin holding structure continues to deteriorate as whale and dolphin BTC balances have stalled, CryptoQuant said.

The Digital Chamber ramps up pressure on Congress with call to action to pass Clarity Act
The Digital Chamber published a website to serve as a central spot for people to write to lawmakers in its latest push to pass a crypto bill.

Kalshi's turn: Prediction markets platform sues Minnesota over law going into effect in August
Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.

Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's latest attestation.

Hyperliquid-based prop trading platform Hypernova raises $3 million in pre-seed funding
Hyperliquid-based prop trading platform Hypernova says it offers "instant payouts" and plans to publicly launch within the next two months.

Grayscale's Hyperliquid ETF negotiating 'seed' investment of roughly $115 million in HYPE tokens
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.

Sui blockchain experiences second 'stall' in five months
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a block in nearly 2 hours.

VanEck’s tokenized VBILL US Treasury fund can now be used as collateral on Euler
Securitize launched VanEck's VBILL as a collateral asset in an Euler lending market curated by KPK on Thursday.

Sequans completes bitcoin treasury unwind, refocuses on IoT semiconductors
Sequans said its remaining 658 BTC are now fully unrestricted after completing all convertible debt redemptions.

JPMorgan says bitcoin and gold ETF outflows point to 'cooling' debasement trade amid hopes for Iran-US deal
Both bitcoin and gold ETFs have seen outflows over the past two weeks as the debasement trade cools, according to JPMorgan analysts.

VanEck debuts first US spot BNB ETF in latest crypto investment product expansion
VanEck's VBNB joins a growing roster of spot crypto ETFs since the first U.S. Bitcoin products launched in 2024.

Standard Chartered compares Ethereum to Amazon during 2001 dot-com bubble burst, says ETH will catch up to internal metrics
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030.

Theta and XYO partner on blockchain-based verification layer for AI agents
The DePIN projects have partnered to develop a cryptographic proof infrastructure that will independently verify AI agent workloads.