- The Southern District of New York federal court declares that XRP itself is not a security, and the sale of XRP by Ripple constitutes an unregistered investment contract offer and sale.
- Coinbase Layer2 network Base announces the opening of the mainnet to builders and plans to open it to all users in early August.
- The SEC files a lawsuit against Celsius Network and its former CEO, Alex Mashinsky.
- Former Celsius CEO Alex Mashinsky is arrested. A US district judge sets the bail for the former Celsius CEO at $40 million.
- The FTC reaches a settlement agreement with Celsius Network.
- The top ten CEXs (Centralized Exchanges) had a total trading volume of $8.3 trillion in the second quarter, with Binance, OKX, Bybit, and Bitget ranking in the top four in terms of trading volume.
- The number of active addresses on the Sui network surpasses one million.
- Stablecoin TrueUSD announces that it has entered the final stage of the TUSD international transition, with Techteryx managing all offshore operations related to TUSD.
- XRP jumps to the fourth position in market capitalization, with over 18% of the $11.8 billion 24-hour trading volume taking place on the XRP/KRW pair on the Upbit exchange in Korea.