7-5
Phantom hires Hyperliquid market builders to embed perpetual futures into its wallet
Phantom, a mainstream non-custodial wallet with more than 15 million monthly active users, said it has hired a team that previously led the build-out of a highly liquid perpetuals market on Hyperliquid. The move is aimed at integrating decentralized perpetual trading directly into Phantom’s wallet infrastructure rather than relying on an API connection. Hyperliquid now has more than $2 billion in total value locked, and its average daily perpetual volume is comparable to some mid-tier centralized exchanges. The step reinforces Solana’s position in on-chain derivatives and could also support demand for on-chain perpetual liquidity tied to major assets such as Ethereum and Bitcoin.
BTC
BTC-2.90%
7-5
7-5
Roblox faces 162 consolidated federal cases as it commits more than $35 million to child-safety fixes
In Q2 2026, Roblox was hit with 162 consolidated federal cases tied to child sexual exploitation and advertising issues, and it committed more than $35 million to remediation. The company also moved to COPPA-compliant contextual advertising through a partnership with SuperAwesome and introduced a higher U.S. 18+ DevEx rate that is roughly a 42% premium. The article argues that Web3 game studios seeking brand ad budgets should build compliance up front, including privacy-preserving age checks, on-chain spending limits and content suitability labels, rather than patching problems after launch.
ID
ID-5.27%
7-5
7-5
Crypto Asset Clarity Act advances in U.S., seen as a tailwind for XRP
The phrase “Stop blocking the Clarity Act” points to a breakthrough in the U.S. legislative process for the Crypto Asset Clarity Act. The bill aims to clarify how digital assets are assessed for securities status, a change that would directly affect the long-running regulatory ambiguity around XRP following the SEC’s case against Ripple. XRP is frequently cited as a leading example in discussions around the legislation, making the bill’s progress a timely regulatory catalyst.
XRP
XRP-4.04%
7-5
7-5
Sen. Elizabeth Warren opposes the XRP Clarity Act on 2026-07-05, calling it a threat to SEC enforcement powers
U.S. Senator Elizabeth Warren said on 2026-07-05 that she opposes the XRP Clarity Act, arguing it would weaken the SEC’s enforcement authority. The bill had previously advanced out of the House Judiciary Committee and seeks to clarify that XRP is not a security while limiting what it describes as excessive SEC jurisdiction over digital assets. Warren’s stance, as a prominent Democratic senator and influential voice on financial regulation, lowers the likelihood of the measure moving forward in the Senate. The development reflects a legislative setback rather than an enforcement action or court ruling and has weighed on near-term expectations for regulatory clarity around XRP.
XRP
XRP-4.04%
7-5
7-4
U.S. prediction markets top $44 billion in 2025 volume as regulators clash over what counts as gambling
A new analysis argues that U.S. regulation draws a fractured line between gambling and financial speculation, spotlighting prediction markets such as Polymarket and Kalshi and their conflict with state sports-betting rules. Notional trading volume across major prediction-market platforms exceeded $44 billion in 2025, with Polymarket and Kalshi together accounting for roughly $38 billion to $39 billion, according to Gambling Insider. The CFTC and state regulators are now battling in court over whether event contracts should be treated as gambling, while several states have launched enforcement actions. DraftKings’ exit from the American Gaming Association and its launch of a CFTC-regulated product underscore a broader shift toward the federal derivatives framework.
US
US+2.76%
7-4
7-4
Crédit Agricole launches EURXT euro stablecoin on Ethereum with €20 million initial float on July 4, 2026
Crédit Agricole on July 4, 2026, the day MiCA took full effect, launched EURXT, a euro stablecoin issued on Ethereum by its CACEIS unit with an initial €20 million in circulation and 1:1 euro-reserve backing. The token was used to settle an institutional subscription into Amundi’s first onchain UCITS money market fund, with payment and fund units delivered onchain in the same flow. The bank said EURXT is the first MiCA electronic money token in euros issued directly by a systemic bank and deployed in live settlement, and it is offered to institutional clients rather than retail users.
USDC
USDC+0.00%
7-4
7-4
CLARITY Act gains momentum as Trump reports $1.4 billion from crypto ventures
Momentum built behind the U.S. CLARITY Act after Major County Sheriffs of America shifted from opposition to a neutral stance, easing law-enforcement concerns around Section 604, a provision aimed at shielding noncustodial wallet and decentralized platform developers. The bill has already cleared the Senate Banking Committee, and supporters are pushing for a full Senate vote before the U.S. midterm elections in November. Separately, Trump disclosed about $1.4 billion in reported 2025 income tied to crypto activities including the TRUMP token and World Liberty Financial, reigniting conflict-of-interest scrutiny. U.S. spot Bitcoin ETFs posted $221.7 million of net inflows in a day, snapping a 10-day streak of outflows.
7-4