Iranian Deputy Foreign Minister Gharibabadi said Iran has stopped implementing the Iran-US Memorandum of Understanding. Gharibabadi said the move followed a U.S. violation of commitments.
Stock-type ETFs have seen net inflows of over 320 billion yuan since July. The Trusted Volumes attacker returned 1,122 ETH and kept approximately $2 million as a bounty reward.
Cobie said Coinbase has long been somewhat distant from crypto-native users after Rune asked how the Base App plans to attract onchain users. Cobie said he took over the Base App and Coinbase trading products a few days ago but is not responsible for the Base network.
Circle Wins OCC Approval as Banks Warn Stablecoins Could Drain $500B
Circle won final OCC approval on July 10 to open a national trust bank as banks warned stablecoins could pull about $500 billion from US bank deposits by the end of 2028. A December 2025 FEDS Note said stablecoin adoption could cut lending by $65 billion to $1.26 trillion. Circle’s transparency page showed $72.95 billion in USDC in circulation and about $73.15 billion in reserves.
Moore Threads co-founder and executive president Wang Dong said the inference market has no universal chip. Wang said flexible software-hardware co-optimization can help each model find a suitable hardware mix.
Grant Cardone will speak at the Bitcoin Treasuries Conference in New York City. BitcoinTreasuries.NET said Cardone is adding BTC by the thousands to his balance sheet.
Grayscale filed an amendment with the U.S. SEC for its Solana staking ETF, GSOL. The proposal would liquidate staking rewards into cash at least quarterly and distribute them to shareholders. The filing also includes fee cuts for management and staking.
Kaspersky disclosed OkoBot, a malware framework targeting crypto investors since January 2026. The malware uses social engineering and trojanized GitHub applications to steal wallet files, browser data, credentials, and assets.
Abdul Rafay Gadit said Zignaly trading volume has exceeded $10 billion. Gadit said RWA tokenization depends on legal ownership, custody, valuation, redemption, and qualified holders.
Kevin Kelly said China could gain an AI advantage if token costs become important because of open-source models. He said a model costing one-tenth of Anthropic's could disrupt the landscape.
US Federal Debt Hits Record $39.5T as GAO Warns Outlook May Deteriorate
US federal debt reached a record $39.5 trillion, according to the Treasury’s Debt to the Penny database. Adam Kobeissi noted that debt is up about $3.2 trillion over the last 12 months. The GAO warned that the fiscal outlook is projected to deteriorate further if current policies continue.
Strategy founder Michael Saylor said corporate adoption is inevitable and should be welcomed if Bitcoin is to succeed as a global monetary network. Saylor said corporations help people organize around a shared purpose while complying with the law.
GENIUS Act Lowers Stablecoin Sales Friction as Market Reaches $310B
On the GENIUS Act’s first anniversary, the stablecoin market holds about $310 billion, including roughly $184 billion in USDT and $73 billion in USDC. President Donald Trump signed the law on July 18, 2025, creating a federal framework for liquid reserves, redemption rights, and monthly reserve disclosures. Federal Reserve researchers measured stablecoin capitalization at $317 billion on Apr. 6, while core implementation measures remained in proposal form as of July 17.