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August 5, 2026

DeFi

Aave proposal targets PT-USDe-22OCT2026 collateral listing on V3 Monad

Aave moves to add PT-USDe-22OCT2026 as collateral on Monad A proposal has been put forward to onboard Pendle’s PT-USDe-22OCT2026 as collateral on the Aave V3 Monad instance via the Direct to AIP process. The token’s Pendle pool on Monad currently has about $58,000 in liquidity, 12.6K PT outstanding and zero trading volume in the last session, while the matching sUSDe market holds $13.0 million; risk parameters and a dedicated E-Mode setup are still to be provided before an AIP vote.

Regulation

Taiwan proposes Travel Rule for all domestic crypto platform transfers from October

Taiwan proposes Travel Rule for all domestic crypto platform transfers Taiwan’s Financial Supervisory Commission has proposed requiring all domestic virtual asset service providers to share customer information on every platform-to-platform crypto transfer starting in October. Transfers above NT$30,000 would need extra sender identification, while receiving platforms must verify beneficiary details. The FSC will take public comment for 30 days and plans to extend the rules to cross-border VASP transfers by the end of 2027.

Court

Former LAPD Reserve Officer Sentenced to Life in Teen Bitcoin Kidnapping Case

Ex-LAPD reserve officer gets life plus 15 years in $350,000 Bitcoin kidnapping case A Los Angeles County judge sentenced former LAPD officer Eric Halem to life in prison plus 15 years after a jury convicted him of kidnapping and robbing a 17-year-old of a hard drive holding $350,000 in bitcoin. Prosecutors said Halem and three co-conspirators forced their way into a high-rise apartment and threatened to kill the victim unless he handed it over; the judge also denied Halem’s request for a new trial.

Regulation

Japan FSA Creates Standalone Crypto and Stablecoin Division From Aug. 7

Japan FSA sets up standalone Cryptocurrency and Stablecoin Division Japan’s Financial Services Agency will launch a dedicated Cryptocurrency and Stablecoin Division on Aug. 7, creating an independent department to oversee crypto supervision, financial innovation and digital payment policy under one roof. The move follows recent amendments to the Financial Instruments and Exchange Act that reclassified crypto assets as financial instruments and added insider trading, transparency and stricter registration rules.

Regulation

ESMA Adds 12 Firms to MiCA Register, Taking EU CASP Total to 321

ESMA adds 12 firms to MiCA register, flags 3 more as non-compliant ESMA’s latest MiCA update added 12 companies to its register, lifting the total number of authorized crypto-asset service providers in the EU to 321 as of July 31. The new entries include three German cooperative banks, two firms in Spain and four in France. ESMA also added Cervo Rendisco, Flandenzo and Corona Fondenza to its non-compliant register after a flag from Italy’s CONSOB, bringing that list to 167.

Regulation

Senators and Tribal Leaders Seek Clarity Act Changes on Sports Prediction Markets

Senators, tribal leaders seek Clarity Act changes on sports prediction markets Senators and tribal gaming leaders are pushing to amend the Clarity Act so sports and casino-related prediction markets stay under state and tribal gaming laws, not CFTC oversight. At a Senate Indian Affairs Committee roundtable, Indian Gaming Association Vice Chairman Tehassi Hill said the bill should explicitly block “sports and casino gambling through prediction markets” from bypassing state rules and the Indian Gaming Regulatory Act.

Court

DOJ Charges FBI Agent Over Alleged $1 Million Crypto Theft From Government Wallets

DOJ indicts FBI agent over alleged $1M crypto theft The DOJ has indicted FBI supervisory special agent Patrick Steven Yaroch, accusing him of stealing nearly $1 million in cryptocurrency from government-controlled wallets tied to an investigation. Prosecutors say Yaroch used seed phrases to move funds in 2024 and 2025, transferred about $1.02 million to Suilend, and later used ChatGPT to research investing the money and relocating to Europe. Investigators say they have recovered about $925,426.

Court

Three Missouri Men Plead Not Guilty in Alleged Connecticut Bitcoin Robbery Plot

Three Missouri men plead not guilty in alleged Connecticut Bitcoin robbery plot Federal prosecutors in Connecticut charged Sedric Louis, John Davis and Martel Williams with Hobbs Act robbery conspiracy over an alleged 2024 plan to force a victim to transfer Bitcoin during a home invasion. Prosecutors say the men surveilled the target and his parents for two days, then abandoned the plan; the charge carries up to 20 years in prison. Louis and Davis remain detained, while Williams is free on bond.

Court

Dutch Court Weighs Crypto-Linked Kidnapping and Extortion Case

Dutch prosecutors charge 3 men over crypto-linked kidnapping and extortion Dutch prosecutors have charged three men over a May 1 incident in Nieuw-Vennep in which a man was allegedly held captive in a car and extorted for about $69,000 over a cryptocurrency dispute. Prosecutors say the victim was threatened with a firearm, taken to a wooded area, forced to strip naked, abused on video, and threatened with the footage’s release; suspect Younes B., 24, denies the gun threat, and the next hearing is set for Sept. 8.

Stablecoins

Coinbase, Visa and Mastercard Reaffirm USDC Support After OpenUSD Launch

Coinbase, Visa and Mastercard back multi-stablecoin approach after OUSD launch Coinbase, Visa and Mastercard said they will keep supporting multiple stablecoins after OpenUSD’s launch triggered a sell-off in Circle shares, signaling no immediate break with USDC. Coinbase said it renewed its commercial agreement with Circle and will keep expanding the USDC ecosystem, while also supporting customer demand for OUSD; Visa and Mastercard said they won’t pick winners and would add OUSD alongside other supported stablecoins.

August 4, 2026

Security

Boltz Halts Bitcoin Swaps as AI-Assisted Attacks Outpace Security Fixes

Boltz suspends Bitcoin swaps after surge in AI-assisted attacks Boltz has disabled its non-custodial Bitcoin swap service until further notice, saying automated AI-assisted attacks are now finding and exploiting vulnerabilities faster than its team can patch them. The company said no user funds were at risk, cannot give an ETA for a return, and added that its API remains available for cooperative refunds while unilateral refunds still work independently of Boltz infrastructure.

Stablecoins

US and UK Step Up Stablecoin Coordination as GENIUS Act Takes Effect

US and UK regulators expand stablecoin talks as GENIUS Act rollout begins US and UK financial officials used a London regulatory meeting to deepen coordination on stablecoins, tokenization and digital asset oversight as Washington starts implementing the GENIUS Act. No new rules were agreed, but both sides backed “responsible” digital asset growth and a separate July 14 statement called for fully backed stablecoins with 1:1 high-quality liquid reserves, segregated backing and timely redemption.

Regulation

Senate Democrats Signal They Could Block CLARITY Act Cloture Vote

Senate Democrats threaten to block CLARITY Act procedural vote Senate Democrats have reportedly reached a broad consensus to oppose cloture on the CLARITY Act unless negotiators make progress on ethics restrictions, illicit finance rules and stablecoin yield. That puts the bill at risk because Republicans hold 53 seats and need at least seven Democratic votes to reach the 60 needed to end debate, while no cloture motion had been filed on H.R. 3633 as of Tuesday.

Companies

SpaceX reports $540 million bitcoin markdown under fair-value accounting

SpaceX books $540M bitcoin hit under new accounting rules SpaceX said the value of its bitcoin holdings fell by about $540 million in H1 2026, from $1.64 billion at the end of 2025 to $1.10 billion by June 30, helping drive a $541 million net loss in Q2 under FASB fair-value rules. The filing also showed SpaceX held 18,712 BTC, up from 8,285 BTC previously tracked, revealing a much larger bitcoin position than the market had believed.

Security

Ledger: Coldcard Exploit Shows Wallet Security Must Keep Up With AI-Era Threats

Ledger says Coldcard exploit highlights hardware RNG and AI risks in wallets Ledger CTO Charles Guillemet said the Coldcard exploit showed how hardware wallet security can fail when seed generation falls back to software randomness: the flaw made some private keys guessable and enabled theft. He said Ledger devices were unaffected because they use a certified hardware RNG in a Secure Element with no software fallback, and argued AI is speeding up vulnerability discovery, making independently certified randomness more critical.

Regulation

US and UK Renew Crypto Policy Coordination After London Regulatory Meeting

US and UK regulators deepen coordination on stablecoins and digital assets US and UK regulators used a July 8 London meeting to reaffirm closer coordination on digital asset oversight, with US officials briefing their counterparts on implementation of the GENIUS Act stablecoin law, digital asset market structure work, payment modernization and the G20 cross-border payments roadmap. An Aug. 4 joint statement said the talks also covered tokenization and the UK’s Wholesale Financial Markets Digital Strategy.

Regulation

India Updates Tax Reporting Rules to Include Crypto Under OECD CARF Standards

India expands tax reporting rules to cover crypto under OECD framework India’s Central Board of Direct Taxes has updated the country’s global tax reporting rules to explicitly include crypto-assets, CBDCs and certain digital money products, aligning them with the OECD’s Crypto-Asset Reporting Framework. Crypto exchanges and other service providers will have to identify users, determine tax residency, keep transaction records and report to the Income Tax Department, with cross-border information sharing under CARF set to start in 2027.

Court

Second Circuit Issues Mandate Ending Sam Bankman-Fried’s Appeal

Second Circuit formally ends Sam Bankman-Fried appeal The Second Circuit issued its mandate on Aug. 4, formally closing Sam Bankman-Fried’s appeal and locking in the June 12 ruling that upheld his FTX fraud convictions and 25-year sentence. The one-page order adds no new reasoning; it affirms the district court judgment, leaves the roughly $11 billion forfeiture intact, and makes a US Supreme Court petition his only remaining judicial option.

Ethereum

Ethereum Proposal Would Burn More Validator Rewards as Staking Grows

Ethereum researchers propose EIP-8361 to taper validator rewards as staking rises The proposal would keep Ethereum’s current reward formula but burn an increasing share of validator rewards as more ETH is staked, fully offsetting normal consensus rewards when about 50% of supply is staked. Backers say it would curb issuance and reduce incentives for staking concentration, while critics warn lower yields could squeeze solo stakers first and strengthen large operators; if adopted, the change would be phased in over 18 months.

Regulation

FinCEN Fines UBS $125 Million in Record AML Case Against a Broker-Dealer

FinCEN hits UBS with record $125M AML penalty FinCEN fined UBS Financial Services $125 million for willful Bank Secrecy Act violations, the largest civil AML penalty ever imposed on a broker-dealer. Regulators said UBS failed to monitor more than 50,000 foreign currency wires worth over $10 billion and did not properly vet high-risk clients tied to Russia and Latin America, despite a 2018 $14.5 million penalty for similar issues. UBS said it cooperated and invested in its AML program.

ETF & Funds

Hashdex to Liquidate U.S. Bitcoin ETF DEFI After Assets Stalled at $14.7 Million

Hashdex to liquidate U.S. spot Bitcoin ETF DEFI Hashdex will shut its U.S. spot Bitcoin ETF, DEFI, after the fund gathered about $14.7 million in assets. Trading will end after the market closes on Aug. 17, the ETF will be delisted, and shareholders still holding shares are expected to receive cash distributions on or about Aug. 28 after the fund sells its remaining Bitcoin. The firm said it weighed AUM, liquidity, costs, investor interest, and product fit before deciding to close it.

Companies

Sequans Cuts Bitcoin Holdings to 314 BTC as It Clears Debt and Refocuses on IoT

Sequans cuts Bitcoin treasury to 314 BTC after selling 1,200 in Q2 Sequans Communications sold 1,200 BTC in the second quarter, cutting its holdings from 1,514 to 314 coins by June 30, as the French chipmaker redeemed its convertible debt and shifted focus back to its IoT semiconductor business. The sales generated a $5.3 million realized net gain, and the company ended the quarter with $21 million in cash and no debt, CEO Georges Karam said.

Court

BNB Chain Seeks Action Over ASTEROID Wallet Case as BNB Tests Key August Resistance

BNB Chain pursues legal action over alleged ASTEROID memecoin scheme BNB Chain said on Aug. 1 it is pursuing legal action against a former employee who allegedly kept unauthorized access to a company seed phrase, used it to launch the ASTEROID memecoin, and made an estimated $628,000 in profit. On-chain analyst Lookonchain said four wallets spent about $10,000 to buy 79.67% of supply before selling most of it for roughly 1,103 BNB; BNB Chain said the wallet came from a company token tutorial and that it is cooperating with authorities.

DeFi

LlamaRisk Supports Aave Plan to Deprecate 50 Reserves and Six Low-Adoption Markets

LlamaRisk backs Aave deprecation of 50 reserves and six low-use markets LlamaRisk’s July update says it published a deprecation plan for 50 Aave V3 reserves and 21 matured Pendle PTs, covering $85.3M in supply and $11.5M in debt, alongside winding down six low-adoption markets — Sonic, Scroll, zkSync, Metis, Soneium and Aptos — with $12.8M in supply and $4.1M in debt. The proposal pairs reserve freezes, cap cuts to 1 and fixed-price oracles to reduce Aave’s risk surface.

Stablecoins

Tether Says XAUt Gold Reserves Rose 9.5% in Q2 as Spot Bullion Fell 14.1%

Tether Gold reserves rise 9.5% in Q2 despite bullion’s worst quarter since 2013 Tether said the physical gold backing its XAUt token increased 9.5% in Q2 even as spot gold fell 14.1%, its steepest quarterly drop since Q2 2013. CEO Paolo Ardoino said demand was driven by holders adding gold exposure during weak market conditions, using the token’s fully backed on-chain structure. XAUt remains the largest tokenized real-world asset product at $2.4 billion.

ETF & Funds

Intesa Sanpaolo Slashed IBIT Holdings in Q2 While Expanding Staked Ethereum ETF Position

Intesa Sanpaolo cuts BlackRock’s IBIT stake 94% and triples staked ETH ETF Intesa Sanpaolo, Italy’s largest bank, cut its BlackRock iShares Bitcoin Trust holding to 40,723 shares worth $1.36 million as of June 30, down 93.7% from the prior quarter, while raising its iShares Staked Ethereum Trust position to 349,600 shares worth $7.1 million, a new Form 13F shows. The filing also shows its IBIT call position shrank 99.3% and a new put covering 500,000 shares appeared, though 13F data does not show the bank’s full net exposure.

Court

Five Men Convicted Over 52-Hour Kidnap and Blackmail of French Crypto Investors in London

Five convicted over torture and blackmail of French crypto millionaires in London An Inner London Crown Court jury convicted five men over the 52-hour false imprisonment of two French cryptocurrency millionaires abducted in East London last July. Prosecutors said the victims were beaten, bound and scalded with boiling water before transferring $30,000 after demands for $150,000. Two men, Gerson Borges and Mohamed Osman, were also convicted of conspiracy to blackmail in what police called a rare case won without either victim giving evidence.

ETF & Funds

Bitcoin ETFs Top Monday Crypto Fund Flows as Ethereum Turns Negative

Spot Bitcoin ETFs lead crypto funds with $170M+ inflow on Monday Spot Bitcoin ETFs pulled in more than $170 million in net inflows on Monday, nearly matching their entire July net positive of $172.42 million and making them the best-performing crypto ETFs of the day. Ethereum ETFs lost $11.42 million despite leading July with more than $365 million, while XRP ETFs added $1.15 million and extended their non-red streak to July 8.

Regulation

South Korea to Open Dedicated Virtual Asset Crime Division Within New Seoul Office

South Korea to launch dedicated crypto crime unit on October 2 South Korea will set up a Virtual Asset Joint Investigation Division inside the new Seoul Metropolitan Serious Crimes Investigation Office when the agency launches on October 2, moving crypto crime probes from the Seoul Southern District Prosecutors’ Office. The unit will sit under the Financial Crimes Investigation Bureau and include staff from agencies such as the Financial Services Commission and National Tax Service.

ETF & Funds

Bhutan’s Gelephu Mindfulness City hires 3iQ to manage part of its bitcoin treasury

Bhutan’s Gelephu Mindfulness City taps 3iQ to manage part of bitcoin treasury Gelephu Mindfulness City, Bhutan’s planned special administrative region, has given 3iQ Corp. a mandate to run part of its bitcoin treasury on a market-neutral basis instead of simply holding it as a long-term national asset. GMC did not disclose the size of the mandate or the exact strategy, but said the goal is to generate long-term returns through a low-risk yield approach.

Regulation

Nigeria issues crypto tax rules for exchanges and P2P platforms

Nigeria orders crypto platforms to withhold and remit taxes in some tokens Nigeria’s revenue agency has issued virtual asset tax guidelines that make exchanges and P2P marketplaces collect, report and remit taxes under existing law, with income tax withheld at source and stamp duty payable in the originating token. The rules set a 1% withholding tax on taxable crypto, security token and some NFT disposals, 10% on staking, mining, airdrops and DeFi, and 1.5% stamp duty on token-fiat transfers; stablecoin sales are exempt from the 1% withholding.

Tokenization

Tokenized Stock Wallets Approach 1 Million as After-Hours Trading Expands

Tokenized stock holders near 1 million as off-hours trading accelerates Wallets holding onchain equities rose to a record 759,000 in late July, up 92% in 30 days and 522% since the start of 2026, while RWA.xyz’s broader tokenized-stock dashboard showed nearly 967,000 holders and $2.16 billion in value by Aug. 3. Jupiter also reported a 360% year-to-date jump in monthly tokenized-equity volume during evenings, weekends and other hours when U.S. stock exchanges are closed, with more than 65% of activity happening outside regular sessions.

Infrastructure

Solana Validators Back Proposal to Raise SOL Burns and Speed Up Disinflation

Solana proposal seeks vote on higher SOL burns and faster disinflation Solana validators have begun signaling support for SGP-0003, which combines SIMD-0553’s resource-based fees with SIMD-0550’s faster disinflation, potentially raising daily SOL burns from about 650 to as many as 9,000 and bringing the 1.5% terminal inflation rate forward to 2029 from 2032. The package has 24.94 million SOL in backing and needs about 40 million more by Aug. 18 to clear the 15% threshold for a formal vote.

Court

Kalshi shifts New York’s $36 billion gambling lawsuit into federal court

Kalshi moves New York gambling suit to federal court Kalshi shifted New York’s lawsuit accusing it of running an unlicensed gambling platform into federal court about eight hours after the state filed, sidelining for now the state’s request for an immediate preliminary injunction. New York is seeking at least $36 billion in damages, penalties and related relief, while CEO Tarek Mansour defended Kalshi on CNBC by comparing its exchange model to Nasdaq and arguing the case targets a CFTC-regulated derivatives venue.

Web3

Orbs Opens OIP-9 Vote to Form DAO and Expand Community Governance

Orbs launches OIP-9 vote to create DAO governance Orbs has launched OIP-9, its first official community governance vote to create the Orbs DAO and define how it will oversee parts of the protocol. If approved, staked token holders in the Orbs Proof-of-Stake contract will vote via proposals and Snapshot, while DAO-controlled multisigs execute decisions on network parameters, Guardian certification, major protocol changes, and new deployments.

Regulation

Senate Faces Four-Day Window on CLARITY Act as White House Reviews Ethics Proposal

Senate has four days to move CLARITY Act before August recess The Senate has four scheduled session days left, from Aug. 4 to Aug. 7, to advance the CLARITY Act before recess as the White House reviews an ethics counterproposal from Sens. Thom Tillis and Ruben Gallego. The unresolved ethics language is one of the last major sticking points in the bipartisan crypto market-structure bill, which could require 60 votes to clear procedural hurdles.

ETF & Funds

BlackRock Expands Onchain Cash Lineup With Two Reserve Funds for Stablecoin Issuers

BlackRock launches two tokenized reserve funds for stablecoin issuers BlackRock on Monday rolled out BSTBL and BRSRV, two tokenized money market products designed to qualify as reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act. BSTBL is an Ethereum-issued tokenized share class of BlackRock’s $6.1 billion Treasury fund with BNY as transfer agent and tokenization provider, while BRSRV is a new multi-blockchain fund with daily dividend reinvestment and Securitize as transfer agent.

Security

Hong Kong Police Report $9M in Romance Crypto Scams as Malaysia Event Loses Backing

Hong Kong police flag $9M in romance-linked crypto scams in one week Hong Kong police recorded 25 romance scam cases between July 24 and July 30 that cost victims a combined $9 million, including one insurance agent who lost $3.3 million after a fake online boyfriend pushed her into a fraudulent crypto app. The scams typically start on dating or messaging apps, show fake profits, and unravel when victims try to withdraw funds.

DeFi

DEX Spot Trading Share Reaches Record 24% as Centralized Exchange Volumes Slide

DEXs take record 24% share of spot crypto trading in July Decentralized exchanges captured 24% of spot crypto trading volume in July, a record high and up from 17% a year earlier, The Block reported. The gain was driven mainly by shrinking activity on centralized exchanges as total spot volume fell to $670 billion, the lowest in 12 months, from a $2.23 trillion peak, while traders increasingly moved to on-chain venues.

Security

Boltz suspends Bitcoin swaps as AI-assisted attacks outpace its security fixes

Boltz halts Bitcoin swap service over AI-assisted hacking attempts Boltz said it is disabling its non-custodial Bitcoin swap service until further notice after a steady rise in automated AI-assisted probing and several contained exploits this year. The team said attackers are now iterating faster than it can find and patch vulnerabilities, and recent security scans showed it could not “responsibly” restart swaps while multiple groups appear to be actively targeting its infrastructure. No user funds were at risk, and the API will stay live for refunds.

August 3, 2026

Mining

American Bitcoin Reports Record Q2 Output of 932 BTC, Holdings Near 8,300 BTC

American Bitcoin mines record 932 BTC in Q2 as reserve reaches about 8,300 BTC American Bitcoin reported a record 932 BTC mined in Q2 2026, with mining revenue rising 8% quarter over quarter to $67 million and its Bitcoin reserve reaching roughly 8,300 BTC as of August 3, Eric Trump said on X. The company still posted a $57.2 million net loss, improved from $81.8 million in Q1, after a $71.2 million non-cash loss on digital assets while Bitcoin fell about 12% in the quarter.

DeFi

Zcash climbs near $494 as Nym adopts Ironwood shielded payments

Zcash jumps near $494 as Nym adopts Ironwood shielded payments Zcash (ZEC) rose nearly 5% on Aug. 3 to a session high near $494, pushing its market cap back above $8 billion, after Nym adopted Zcash’s new Ironwood shielded pool for direct end-to-end ZEC payments on its network. The move was presented as a key privacy-focused DeFi integration, with added momentum from Zcash’s new retroactive grants program tied to coinholder voting.

Payments

Mastercard closes BVNK deal to deepen stablecoin and fiat payment infrastructure

Mastercard completes BVNK acquisition to add stablecoin infrastructure Mastercard said Aug. 3 it closed its acquisition of stablecoin infrastructure provider BVNK, a deal first announced in March and valued at up to $1.8 billion, including $300 million in contingent payments. The company said BVNK’s technology will help connect fiat and blockchain payment rails across payments, cross-border transfers, settlements and treasury operations. Mastercard has not given a rollout timeline or said whether BVNK will keep its brand.

Regulation

Robinhood Gains FCA Crypto Registration for UK Entity Ahead of 2027 Rule Changes

Robinhood wins FCA crypto registration for its UK entity Robinhood U.K. Ltd has been added to the FCA’s register of cryptoasset firms, clearing it to offer crypto services in the UK under the current anti-money laundering framework. The approval gives Robinhood an operating base ahead of the country’s broader crypto regime, with applications opening in September 2027 and the new rules taking effect on Oct. 25, 2027.

ETF & Funds

Bitwise names NRR ticker for proposed spot NEAR ETF in updated SEC filing

Bitwise reveals NRR ticker for proposed spot NEAR ETF Bitwise’s latest amended S-1 for its proposed spot NEAR ETF names NRR as the ticker and says the fund would list on NYSE Arca if it wins SEC and exchange approval. The filing also adds staking as a secondary objective, with the trust intending to stake up to 100% of its NEAR holdings to earn protocol rewards, while noting liquidity, custody and unstaking risks.

Security

Boltz Suspends Bitcoin, Lightning and Liquid Swaps After Citing AI-Assisted Attacks

Boltz suspends Bitcoin, Lightning and Liquid swaps after AI-assisted attacks Boltz shut down its non-custodial swap service on Monday until further notice, saying months of automated, AI-assisted probing and several exploits have outpaced the team’s ability to patch its infrastructure. The halt cuts off swap rails used by wallets including Bull Bitcoin and Aqua; Boltz said no user funds were ever at risk and losses were borne by the company, while its API remains online for cooperative refunds on in-flight swaps.

DeFi

Flap Surpasses Pump Family in Daily Revenue With $1.18 Million on Aug. 1

Flap tops Pump.fun in daily revenue for the first time BNB Chain launchpad Flap generated $1.18 million in revenue on Aug. 1, narrowly beating $1.10 million for the entire Pump family, including pump.fun, PumpSwap and its trading terminal, per DefiLlama. The jump followed a sharp climb from $28,343 on July 19 and coincided with the relaunch of memecoin 币安人生 ("Binance Life") on Flap, while nearly all of Flap’s Aug. 1 revenue came from BNB Chain.

Infrastructure

Kenya Puts 15 Million Academic Records on Avalanche for Certificate Verification

Kenya anchors 15 million academic records on Avalanche Kenya’s National Examinations Council has launched a national electronic certificate verification system on Avalanche C-Chain, anchoring more than 15 million exam records dating back to 1989 and issuing 2025 secondary school certificates only through its digital platform. KNEC says the system cuts verification times from months to seconds and plans to expand it to about 35 million records, including teacher-training certifications.

DeFi

RWA Perpetuals Surpassed Half of Hyperliquid Volume for Two Weeks in July

RWA perps overtake crypto on Hyperliquid for first time Real-world asset perpetuals made up more than half of Hyperliquid’s trading volume for two straight weeks in July, the first time stock, commodity and index contracts out-traded crypto on the platform. RWA perps handled $25.1 billion, or 52% of $48.2 billion total volume, in the week of July 13–19, and stayed above 50% the following week as single-stock markets led the surge.