Tesla’s Bitcoin holdings jumped $1.2B in Q2 thanks to a 30% price surge & upcoming fair value accounting rules (starting 2025). Q2 revenue: $22.5B, EPS $0.40. $TSLA up 0.71% to $331.56 after-hours. (CoinDesk) #Tesla #Bitcoin #crypto #blockchain #news #BTC
FTX announced Aug 15, 2025 as the record date for the next creditor payout, starting Sept 30. Includes Class 5, 6, & convenience claims. Court approved reducing the disputed claim reserve by $1.9B, funding this round. #FTX #crypto #blockchain #news
JPMorgan calls $2T stablecoin market predictions by 2028 “optimistic,” citing infrastructure hurdles. They expect doubling or tripling of the current $260B market instead, despite Treasury Secretary’s belief supportive laws could make $2T possible. #crypto #blockchain #news
NFTs can get trademark protection! 🧑‍🎨 The Ninth Circuit ruled they qualify as “goods” under the Lanham Act. A $9M judgment in the Yuga Labs vs. Ryder Ripps case was overturned & sent back to lower court to assess consumer confusion. (The Block) #NFT #trademark #web3 #crypto #blockchain #news
Lawsuits against memecoin platform Pump now include Solana Foundation, Labs & Jito Labs, alleging illegal gambling, fraud, & unlicensed money transmission. RICO Act invoked. (via @TheBlock) #Solana #memecoin #lawsuit #crypto #blockchain #news
Asymmetric is letting investors exit its Liquid Alpha Fund early, waiving lock-ups & offering transfers to illiquid investments (via @WuBlockchain). All redemptions to date have been fulfilled. Fund underperformed, but Asymmetric’s other ventures & blockchain VC strategy are unchanged. #crypto #blockchain #news
The U.S. Presidential Digital Asset Advisory Council is expected to release its 180-day report on July 30th, according to Bo Hines, the council’s Executive Director, as reported by Wu Blockchain. The report will detail findings and recommendations regarding digital assets. #crypto #blockchain #news
PNC Bank is partnering with Coinbase to bring crypto trading to its customers! 🤝 The deal uses Coinbase’s platform for buying, selling & holding digital assets. PNC will also offer banking services to Coinbase. #crypto #banking #blockchain #news
Coinbase has announced plans to support Jito Staked SOL (JITOSOL) and Metaplex (MPLX) beginning July 24, 2025, at 9:00 AM Pacific Time or later, pending sufficient liquidity. #crypto #blockchain #news
~$1.7B in Ethereum withdrawn from Aave lending protocol in the last week, pushing borrowing rates above 10%. Aave contributor Marc Zeller suggests Justin Sun may be behind a large part of the $646M+ outflow in the last 3 days, calling his moves “unpredictable.” via DLNews & Arkham Intelligence #crypto #blockchain #news