🔥 US judge sets August 12 hearing in Do Kwon’s $40 billion Terraform collapse case

Terraform Labs Pte. co-founder Do Kwon may plead guilty in a US fraud case tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.

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🔥 Jack Dorsey’s Block is rolling out a full range of Bitcoin banking tools for small businesses

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🪙 Just Fun Fact: Only 0.01% of the global population owns more than one Bitcoin

Out of 8 billion people worldwide, fewer than 800,000-850,000 unique individuals hold at least 1 BTC.

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📣 Cuy Sheffield, Vice President of Visa: “Stablecoins could massively expand Visa’s addressable market.”

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🔥 Circle unveils Arc, a USDC-native Layer 1

Public testnet launches September to November 2025.

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🔥 US July consumer prices rise 2.7% Y/Y; est. +2.8%

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🔖🔖⬜🔖 > $4,350

Maximum since December 2021.

7.26% to ATH.

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⚡️ Do Kwon to plead guilty to US conspiracy, fraud charges in $40 billion crypto collapse

🔄 Earlier: Hearing announcement.

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💎 Sentora: 25% of all staked ETH is controlled by Lido, while Binance and Coinbase each validate ~7.5%

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❕ FTX customers have filed a lawsuit against Fenwick & West, alleging fund misappropriation during the FTX collapse

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🔝 ETH = $4,500

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🔥 Binance joins as first member of T3+, the crypto crime unit founded by TRON, Tether, and TRM Labs

The group has reportedly helped freeze over $250 million in criminal assets less than a year after launch.

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💎 Pavel Durov announced "exciting times" for TON

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🔥 Kazakhstan’s Fonte Capital introduces Central Asia’s first spot Bitcoin ETF

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⚡️ Western Union is considering launching its own dollar-backed stablecoin

🔄 Earlier: Stablecoin products.

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⚠️ HashFlare founders given time served for $577M crypto Ponzi — "largest fraud case in the Seattle court’s history"

The pair were arrested in Estonia in November 2022 and spent 16 months in custody before being extradited to the US in May 2024, where they pleaded guilty to conspiracy to commit wire fraud.

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💎 Ethereum Foundation dumps $13M worth of ETH amid price pump

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🔥 $1,300,000,000 will be liquidated when ETH hits $5,000.

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🔝 Crypto firm Bullish raised $1.1B in an IPO, pricing its shares above the marketed range

The digital-asset exchange operator and owner of media outlet CoinDesk sold 30 million shares Tuesday for $37 each. They were earlier marketed at $32 to $33 apiece.

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🪙 Metaplanet shared its Q2 earnings results

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💎 Standard Chartered raises ETH forecast to $7,500 by end-2025 from $4,000, and to $25,000 by 2028

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