
DL News
A proposal to distribute leftover assets by Sudoswap's DAO has caused the SUDO token to surge over 225%, attracting traders hoping for profit if the vote passes. The proposal aims to distribute $800,000 in fees to token holders and prevent further minting of SUDO tokens.
LATEST NEWS

Decrypt
New guidance from the U.S. Commodities Futures Trading Commission allows foreign firms a legal pathway to operate in the U.S., applying to both traditional and crypto markets. Acting CFTC Chair Caroline D. Pham aims to provide regulatory clarity and bring American companies back to U.S. markets.

Decrypt
M0, a Switzerland-based stablecoin platform, secured $40 million in Series B funding from investors like Polychain Capital and Ribbit Capital. The company, founded in 2023, has raised a total of $100 million. M0 aims to revolutionize the relationship between token issuers and blockchain developers.

Coindesk
American Bitcoin, co-owned by President Donald Trump's sons, plans to list on the Nasdaq in September after finalizing a merger with Gryphon Digital Mining. The company aims to build Bitcoin reserves through mining and outright purchases, with existing shareholders expected to retain 98% ownership post-merger.

Blockworks
Solana is preparing for Alpenglow, a proposal to reduce finality to ~100-150ms by moving validator voting off-chain, aiming to lower consensus overhead by ~20% and free up blockspace for user activity. This upgrade would significantly enhance Solana's speed and efficiency as a real-time settlement layer.

Decrypt
The Department of Commerce has started uploading GDP data to nine blockchain networks and partnered with Chainlink and Pyth to integrate U.S. macroeconomic data into the DeFi ecosystem. This marks the first time a federal agency has published economic data on-chain.

Decrypt
The Trump family, in partnership with Crypto.com, announced plans to build a $6.4B Cronos (CRO) treasury, integrating CRO into various Trump-linked platforms for subscriptions, rewards, and payments. This move has propelled CRO's price up by 159% in a week, reaching $0.37.

Coindesk
A group of former engineers from Jump Trading, Coinbase, and Citadel Securities have raised $20 million in new funding for trading infrastructure startup aPriori, totaling $30 million. The company aims to improve execution for traders and liquidity providers by utilizing high-frequency trading practices on Ethereum Virtual Machine networks.

bitcoinmagazine.com
Nunchuck Wallet introduces support for fully generalized Miniscript use, offering users unprecedented flexibility and control. Miniscript, a policy language by Core developer Pieter Wuille, simplifies Bitcoin script customization by creating a safer, higher-level programming language for users to craft custom scripts.

Decrypt
A former crypto trader was reportedly kidnapped and held for ransom in France, adding to the country's increasing trend of crypto-related abductions. The victim, identified as Alexandre, was found with injuries after being strangled unconscious by his captors who demanded a ransom in euros.
Forbes
Bitcoin and crypto have surged, with experts acknowledging past misjudgments and predicting a potential dollar crisis to boost crypto. A significant wealth transfer to younger generations could lead to the rise of "bitcoin dynasties" by 2045.