News
Polygon Labs Cuts 89 Jobs — 21% of Staff — in Second 2026 Layoff Tied to $250M Coinme Deal
Polygon Labs CEO Marc Boiron confirms 89 job cuts — 21% of staff — in a second 2026 layoff tied to the $250M acquisition of Coinme and Sequence.
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News
News
US and UK Publish 10-Point Stablecoin and Tokenization Roadmap — No Binding Rules Yet
The US and UK jointly published a 10-point roadmap to harmonize stablecoin and tokenized-asset rules — covering a $257B market — but no binding law yet.
Markets
SPCX Drops Below $135 IPO Price as $600M in Leveraged Bets Linger Before Share Unlock
SPCX hit a post-listing low of $132.28, erasing its entire post-IPO rally. With $600M in leveraged bets open and a share unlock imminent, selling pressure is building.
News
BNB Chain Burns $932M in 36th Quarterly Event, Cutting Supply to 133M — Market Yawns
BNB Chain's 36th Auto-Burn removed 1.61M BNB (~$932M) from circulation, cutting supply to 133M. BNB barely moved at $569 amid a fearful crypto market.
Markets
Crypto Market Cap Reclaims $2.29T as BTC Leads Recovery — Fear & Greed Index Stuck at 28
Crypto market cap climbs to $2,295.2B (+1.01%) led by BTC at $64,736, but the Fear & Greed Index holds at 28 and altcoins remain broadly negative on the week.
News
Dutch Crypto Exchange Knaken Declared Bankrupt After €7M Customer Fund Shortfall Hits 30,000 Users
A Rotterdam court declared Dutch crypto exchange Knaken bankrupt after prosecutors uncovered a €7M customer fund shortfall affecting roughly 30,000 users. A trustee now controls remaining assets.
News
Circle Wins OCC Federal Trust Bank Charter as Standard Chartered Warns Stablecoins Could Drain $500B From US Bank Deposits
Circle secured an OCC federal trust bank charter on July 10, giving USDC federal oversight — as Standard Chartered warns stablecoins could drain $500B from US deposits by 2028.
News
XLM Golden Cross Forms as DTCC Integration and Tradable’s $1B Tokenization Deal Stack Institutional Tailwinds
Stellar's XLM forms a golden cross as DTCC plans a 2027 tokenized-securities integration and Tradable targets $1B in private credit on-chain — but Extreme Fear looms.
News
OKX Europe Launches One-Way USDT-to-USDC Converter as MiCA Stablecoin Deadline Looms
OKX Europe has launched a one-way USDT-to-USDC conversion tool for EEA users, offering an 8% yield incentive as a July 2026 MiCA enforcement deadline approaches.
News
Warren Demands Trump Disclose 2026 Crypto Earnings by July 23 as Senate Nears CLARITY Act Vote
Senator Warren presses Trump to release 2026 crypto earnings by July 23 — nearly a year early — as the Senate nears a vote on the CLARITY Act crypto regulation bill.
