- The U.S. House Financial Services Committee has passed the FIT for the 21st Century Act.
- Korean banks have formulated guidelines for operating virtual asset real-name accounts, requiring exchanges to reserve at least 3 billion Korean won in reserves.
- The blockchain game Sui 8192 now supports players burning old Sui 8192 NFTs to receive SUI rewards.
- U.S. prosecutors will drop the charges against SBF regarding illegal campaign donations.
- L2 data storage project EthStorage has raised $7 million in seed funding at a valuation of $100 million.
- Meta’s Metaverse division, Reality Labs, reported a $3.74 billion loss in the second quarter.
- Arbitrum will claim funds from the Foundation Treasury’s ownership contract for foundation allocation and other purposes.