👨🏻‍💻Tech & Protocols
- MegaETH hits 20,000 TPS on public testnet day one — a new milestone for Ethereum scaling.
- Farcaster rolls out Snapchain, a blockchain-esque data layer for social dapps.
- Cosmos embraces Ethereum compatibility by open-sourcing Evmos EVM framework.
- Ethereum devs to sunset the Holesky testnet in September.

🏛 Regulation & Policy
- SEC’s crypto task force roundtable admits “current approach is clearly a failure” — future of digital asset regulation in question.
- US Treasury removes Tornado Cash from OFAC list (with nuance).
- SEC says PoW mining is not a security, clarifying a long-standing gray zone.
- Australia unveils a ‘fit for purpose’ digital asset framework, aiming to be a global crypto leader.
- OCC halts reputation risk checks, backing off pressure on banks interacting with crypto.

💰 Markets & Institutions
- Trump boosts $ TRUMP memecoin by $400M via Truth Social post.
- Fidelity unveils OnChain, Ethereum-backed shares tracking Treasury funds.
- Kraken to acquire NinjaTrader for $1.5B — the largest crypto-TradFi M&A to date.
- TON Foundation announces $400M+ in VC buys of Toncoin, powered by Telegram.
- Walrus Foundation raises $140M to expand decentralized data storage.

📉 Startups & Fundraising
- Crypto VC deals are down 60% since October, signaling market sobriety.
- UNI holders greenlight $165.5M in funding for Uniswap Foundation — potential fee switch on horizon.
- Privy secures $15M for web3 wallet UX infrastructure.
- Utila raises $18M Series A to build institutional-grade crypto wallet tech.

⚖️ Odds & Ends
- LG shutters its NFT platform, joining a growing list of Web3 retreats.
- Pump. fun launches PumpSwap to migrate memecoins from launchpad to DEX.
- Eric Trump joins Metaplanet's board, merging Bitcoin and politics.
- Bybit CEO reports $16M BTC theft routed through Wasabi mixer.
- South Korean man faces 10 years in prison for stabbing a crypto CEO mid-fraud trial.