- Kenyan police raided Worldcoin’s local office last Saturday.
- Patrick McHenry, the Chairman of the U.S. House Financial Services Committee, stated that stablecoins are expected to become a cornerstone of the 21st-century payment system.
- PayPal has launched the USD stablecoin PYUSD, with its smart contract allowing functions such as freezing or pausing transfers to specific addresses.
- The LSD protocol unshETH has completed a $3.3 million seed funding round, with participation from investors like Soma Capital.
- YGG has fallen below $0.6 USDT, dropping over 30% from its intraday high.
- South Korean crypto financial company Delio will cease its web hosting services after August 11th.
- Reserve stated that it bought a total of 2.5 million CRV last week, with funding coming from a $20 million investment fund.