UnchainedCrypto

Cantor Fitzgerald is nearing a major deal with Adam Back's Blockstream to acquire 30,000 BTC for over $3 billion. The SPAC will rename to BSTR Holdings and aims to raise $800 million more, increasing its bitcoin exposure significantly.

The DOJ and CFTC have closed their investigations into Polymarket, determining no further action is needed after reviewing whether it allowed U.S. users to place bets, despite previous agreements.

Grayscale Investments has confidentially submitted a draft registration statement to the SEC, marking a potential step toward an IPO. If approved, it could become publicly traded by the end of 2025, joining other crypto firms.

The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming for $25.7 million, funding its operations. SharpLink, now holding 270,000 ETH, positions it as its main treasury asset and gained significant unrealized profits.

Inception, a liquid restaking token platform, is shutting down after two years due to a lack of product-market fit and sustainable liquidity. The team assures that user assets are safe and encourages prompt withdrawals.

Crypto security firm Venn Network revealed a critical backdoor vulnerability affecting over $10 million in assets across numerous smart contracts. A 36-hour rescue mission by security experts mitigated potential exploitation, with suspicions of ties to the North Korean Lazarus Group.

Florida's Attorney General James Uthmeier is investigating Robinhood for allegedly misleading customers about crypto trading costs, claiming its promotions of being the "lowest cost" may be deceptive compared to competitors.

World Liberty Financial is conducting a community vote until July 16 on making its WLFI governance token tradable, with over 99% support from voters. However, tokens owned by founders, including the Trump family, will remain locked initially.

Pump.fun, a Solana memecoin launchpad, plans to launch its PUMP token via an ICO on July 12, with significant allocations to public sale, community, team, and early investors. Critics warn it could harm the memecoin market, highlighting potential inconsistencies from the co-founder.

Eigen Labs laid off 25% of its workforce to focus on developing EigenCloud, a platform for verifiable applications. CEO Sreeram Kannan expressed optimism about future demand for such technology. Affected employees will receive compensation and support.

Phantom wallet has integrated direct perpetual futures trading via Hyperliquid, allowing users to trade over 100 markets, access up to 40x leverage, and use risk management tools. Users must fund their balance with SOL, which converts to USDC, with a rollout starting soon.

A U.S. bankruptcy judge has allowed Celsius Network's $4 billion lawsuit against Tether to proceed, rejecting Tether's motion to dismiss. Celsius alleges Tether improperly liquidated BTC collateral, breaching their lending agreement.

Ripple has applied for a U.S. national banking license to operate under federal supervision, allowing it to custody reserves and offer banking services. This move aligns with new legislation on stablecoin regulation.

Ethena’s native token ENA saw its price drop lower ahead of a major unlock of approximately 40.63 million ENA tokens, worth about $10.34 million and representing 0.67% of the circulating supply.
As of 6:30 am ET, ENA was trading at $0.26, down 13.6% over the past month, and 82.8% below its

Cloud-based design platform Figma disclosed a $69.5 million exposure to bitcoin via the Bitwise Bitcoin ETF (BITB) in its initial public offering (IPO) filing on Tuesday.
The investment originated from a $55 million purchase authorized by the board on March 3, 2024, which has since appreciated by a

Zak Cole has launched the Ethereum Community Foundation (ECF) to fund "tokenless" projects and promote ETH burning mechanisms, enhancing ETH's economic value and institutional adoption. Announced at the Ethereum Community Conference, it will support immutability and decentralization.

Decentralized finance platform Maple Finance has integrated EtherFi’s weETH as collateral for its on-chain institutional lending platform
The integration enables qualified borrowers to access USDC loans backed by weETH, EtherFi’s restaked Ethereum token, while continuing to earn ETHFI