US Crypto Donation Regulations 'Overly Burdensome' Says Giving Block

Jupiter, a Solana-based exchange aggregator, has halted its DAO voting due to negative feedback, impacting the decentralization of the project. The decision to pause governance was made in response to a "perpetual FUD cycle" affecting the protocol's trust and effectiveness. Jupiter plans to revive DAO voting in 2026.

The tokenization industry is rapidly growing, with projections estimating a $16 trillion market size by 2030. Tokenization offers benefits like 24/7 trading, faster settlement times, and reduced costs for issuing and trading equities.

Bitcoin remained stable as U.S. Federal Reserve Governor Waller suggested potential interest rate cuts in July. Waller's comments come after the Fed's decision to keep rates steady, with most policymakers projecting two rate cuts this year.

Circle's stock surged to $236 in pre-market trading, surpassing Seaport Global's $235 price target. Analyst Jeff Cantwell predicts Circle's revenue to grow by 30% annually, with interest rates playing a crucial role in the company's performance.

Alex Mashinsky, former Celsius CEO, has agreed to forfeit all claims to the bankrupt crypto lender's assets, allowing for additional creditor distributions. The agreement, filed in the U.S. Bankruptcy Court for the Southern District of New York, bars Mashinsky and related entities from receiving any bankruptcy proceeds.

Jupiter, a Solana-based DEX, has announced that it will halt DAO votes until 2026, citing inefficiencies and a lack of cohesion. Active staking rewards will continue, but no new DAO-funded Work Groups will be created.

Thailand's SEC is seeking public feedback on revising digital asset listing criteria to align with industry developments and maintain investor protections. The proposed changes aim to allow exchanges to list digital tokens issued by themselves or related parties for blockchain transactions, promoting innovation and Thailand's digital asset ecosystem.

Plans for introducing spot crypto ETFs in South Korea by the second half of 2025 were submitted by the Financial Services Commission, signaling a shift in the country's crypto policies. The roadmap includes measures for investor protection and lifting restrictions on Korean won-based stablecoins.

Cybercriminals linked to North Korea are using fake job interviews to target crypto professionals, deploying a new Python-based malware called "PylangGhost" to steal data. The scheme, attributed to the hacking group "Famous Chollima," aims to infiltrate the crypto industry.

Semler Scientific plans to acquire up to 105,000 Bitcoin by 2027, aiming to become the second-largest corporate holder of the asset after Michael Saylor’s Strategy. The healthcare technology firm sees Bitcoin as a long-term balance sheet move, not a speculative play.