Author: CryptoDigestAlert.com

Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that processed more than 2.95 billion yuan, or about $428 million, through USDT, bank cards and third-party payment accounts. Summary Chinese courts sentenced five Sifang operators to between three and six years. The network processed about $428 million through USDT, bank cards and payment accounts. Investigators used Tether wallet data and OKX records to trace crypto transactions. The Paper reported that the Intermediate People’s Court of Xilin Gol League in Inner Mongolia upheld Ma’s conviction for illegal business operations…

TLDR Goldman Sachs CEO David Solomon publicly backed the CLARITY Act, calling for clear digital asset market rules. Solomon said the bill would help create a level playing field and support responsible market development. His comments came as lawmakers prepared updated bill text ahead of a possible Senate floor vote. JPMorgan CEO Jamie Dimon opposed parts of the legislation, citing concerns over yield-bearing stablecoins. Dimon argued that crypto firms offering bank-like products should face similar regulatory standards as banks. JPMorgan reiterated that comparable financial services should have comparable oversight and consumer protections. Goldman Sachs CEO David Solomon has voiced support…

LayerZero, the omnichain interoperability protocol, has now facilitated over $260 billion in transaction volume across more than 830 OFTs, omnichain fungible tokens, deployed on upward of 170 blockchains. From speculative memecoins to institutional-grade tokenized treasuries and government-issued stable tokens, the protocol has quietly become the backbone connecting an increasingly fragmented blockchain landscape. What makes this milestone different from typical crypto volume announcements is who is behind it. The builders using LayerZero are not a monolith. They range from small teams shipping viral tokens to financial institutions embedding compliance logic directly into smart contracts. And the protocol serves all of them,…

Unlike the countless new blockchains whose initial hype fades within a month, Robinhood Chain isn’t following that typical script.Barely three weeks after its public mainnet went live, developers are building on it faster than most infrastructure I’ve tracked this year, and after digging into why, I don’t think it’s hard to understand the pull.Robinhood Chain is an Ethereum layer 2 backed by Robinhood, built on Arbitrum using what’s called the Orbit stack, a framework that lets developers launch their own customizable layer 2 or layer 3 chains rather than building consensus infrastructure from scratch. It went live on July 1,…

Pons has unveiled its V2 upgrade plan, introducing an ETH-based bonding curve, Uniswap V4 integration, creator payouts in ETH, and support for tokenized real-world asset trading pairs as Robinhood Chain’s competition among token launchpads continues to intensify. Summary Pons has announced its V2 upgrade with an ETH based bonding curve, Uniswap V4 integration, and creator payouts in ETH. The update will support custom trading pairs including tokenized assets such as USDG, NVDA, AAPL, and HOOD while removing trading restrictions for regular wallets. The release comes as Robinhood Chain’s launchpad market continues to evolve after Noxa’s exit and growing competition among…

TLDR: RWA perpetuals now represent nearly 35% of on-chain perpetual trading, with June volume reaching about $118 billion across 652 markets. Public equities control 46% of RWA open interest, supported by roughly $2 billion in positions, $2.2 billion in daily volume and 411 markets. Hyperliquid HIP-3, Solana and exchange-based tokenized stock products are widening round-the-clock access to equities, indices and commodities. Oracle failures, weekend pricing gaps, concentrated liquidity and uneven investor rights create new risks as leveraged RWA markets expand. RWA perpetuals now account for nearly 35% of total on-chain perpetual trading volume in early Q3 2026. Their share stood…

Humanity Protocol is scrapping its existing H token and replacing it with a brand new Ethereum-based version following a security breach that rattled the project’s ecosystem. The team confirmed the move in a Tuesday statement, outlining a full migration plan that includes a snapshot-based airdrop, a mainnet relaunch, and a compensation fund for affected edge cases, while making clear that anyone who bought the dip after the attack will not be receiving replacement tokens. The decision marks one of the more significant post-exploit recovery operations in recent memory, and the details matter enormously for holders trying to figure out where…

Key TakeawaysBitcoin long-term holder supply hit a fresh all-time high on July 21, per Coinglass data.The cohort held 16.64 million BTC, about 83% of supply, worth roughly $1.07 trillion in June.Cryptoquant’s Ki Young Ju says Strategy and ETF buyers are absorbing old-whale selling. A Record Built Over 2.5 Years Long-term holders (LTH), a category tracking wallets that have held bitcoin for at least 155 days, own more of the circulating BTC supply than at any point on record. The classification, based on Glassnode’s widely used methodology, treats coins that survive the 155-day threshold without moving as statistically unlikely to be…

Key Takeaways Will Dogecoin’s price go past $1 in 2025? It will depend on a host of factors, including the possible approval of a Spot ETF.  Do Dogecoin traders have anything to worry about? Its reputation as a meme and its inflationary model could play a role here.  Dogecoin is coiling up for a big move, but nobody’s sure which way it’ll go. The price is barely holding on above a key support level, and while the charts are screaming that a breakout is coming, the signals are a messy mix of bullish and bearish. Underneath it all, big-money “whales”…

Spain won the 2026 World Cup with a dramatic 1-0 extra-time victory over Argentina, leaving trader gud.hl empty-handed after risking their entire $5.2 million position on an Argentine win.While crypto traders get wrecked by leverage on bad calls all the time, losing a fortune on a single football match is a whole different level of pain to watch unfold. According to an Arkham post on X tracking the position, the bettor lost everything the moment the final whistle blew.What makes this loss sting even more is where that money came from. gud.hl had reportedly staked almost the entirety of his…