US military partner Constellation opens Hypergraph network to app developers
The “Layer 0” network was created in collaboration with the United States Department of Defense and is now open for commercial Web3 applications. Go to Source
Government
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Will UK Economic Secretary follow through with a ‘crypto crackdown’?
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government. Go to Source
Final signoff on spot Ether ETFs expected imminently, listings next week — source
Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12. Go to Source
SEC drops investigation of Bitcoin Stacks developer Hiro — filing
This is the second crypto investigation the U.S. securities regulator dropped this week. Go to Source
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level. Go to Source
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July. Go to Source
Supreme Court ruling ‘changes the game’ for US crypto firms
The high court’s decision further bolsters the argument “that Congress, not an agency, should decide if — and how — to regulate Web3.” Go to Source
US lawmakers meet with crypto advocates in DC roundtable
Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US President was considering changing his position on crypto. Go to Source
Chamber of Progress says Biden can ‘still win’ on crypto against Trump
According to the advocacy group, the US President still has an opportunity to counter Donald Trump’s “change of heart on cryptocurrency” by supporting regulation. Go to Source
UK crypto advocates call for consistent policy after Labour landslide
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government. Go to Source
