India’s IFF Calls BitChat GitHub Takedown Unconstitutional

India’s Internet Freedom Foundation (IFF) has condemned a government order directing GitHub to remove repositories for Jack Dorsey’s decentralized messaging app BitChat, calling the move unconstitutional and warning it threatens free speech and open-source software. The statement came a day after India’s cybercrime agency ordered GitHub to disable access to three BitChat repositories within three…

BitMEX Users Seek 623 BTC in Liquidation Fraud Suit

[Update 07:24 UTC, July 24: Adds BitMEX response in fifth paragraph.] BitMEX is facing a class action lawsuit accusing the crypto derivatives platform of fraudulently engineering customer liquidations to seize traders’ Bitcoin collateral. On Thursday, BKX Services Inc. and David Namdar filed the complaint in the US District Court for the Southern District of New…

Fidelity joins push for Senate passage of CLARITY Act

Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation. Source link

Bitcoin ETFs snap 7-day inflow streak with $225M in outflows

After attracting nearly $1 billion over seven trading sessions, US-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13. Source link

Robinhood Chain’s real-world assets jump fivefold as tokenized stocks start trading in size

Total value locked has roughly tripled since mid-July to about $312 million, according to DefiLlama, and Robinhood Chain is now clearing more than $600 million in daily decentralized-exchange volume, putting it among the more active networks in crypto. Robinhood Chain’s locked value has more than doubled since mid-July. (Shaurya Malwa/CoinDesk) Its transaction count has also…

Dango Blockchain to Shut Down, Halt Perp DEX Trading

Layer-1 blockchain Dango will wind down operations by halting trading on its perpetual decentralized exchange (DEX) on Wednesday and shutting down its network on Aug. 13. “Despite our best effort, various reasons have led us to conclude there is no viable path to a lasting commercial success,” Dango said in a Friday X announcement. Dango…

Ethereum ETFs End 5-Day Inflow Streak With $70.6M Outflows

US-listed spot Ethereum exchange-traded funds (ETFs) logged $70.62 million in net outflows on Friday, ending a five-day inflow streak. Ethereum funds saw $211.25 million in net inflows over the previous five sessions from July 17 to Thursday, according to SoSoValue data. They still posted $103.9 million in net inflows for the week ended Friday. Despite…

House Passes Bill on Lawmakers Using Insider Information for Stock Trading

The US House of Representatives has passed a bill that would ostensibly prohibit members of Congress, their spouses and dependent children from purchasing publicly traded stocks. In a 232-198 vote in the House on Wednesday, lawmakers approved the Stop Insider Trading Act, sending the bill to the Senate for consideration. Representative Bryan Steil, the Wisconsin…

Bitcoin Miner Poolin Files for Chapter 11 Bankruptcy

Singapore-based Bitcoin mining pool Poolin and two of its US affiliates filed for Chapter 11 bankruptcy in a New Jersey court on Wednesday. Poolin’s court filing shows that the mining pool operator has estimated liabilities of $100 million to $500 million, assets of $1 million to $10 million and 10,001 to 25,000 creditors. Poolin and…

World Foundation raises $52.5 million in new funding round lead by Pantera Capital

Poised to become the world’s most prominent “real humans’ network”, the project previously known as Worldcoin aims to establish an identity layer to distinguish unique individuals from automated bots. The protocol relies on custom hardware, known as an Orb, to issue credentials without compromising user privacy. “World’s technology and proof of human and variations are…