Key Points: DOJ reportedly considers charges against Dragonfly employees in Tornado Cash incident.
Reports lack confirmation from official sources.
Market reactions remain muted amid unsubstantiated rumblings.
The U.S. Department of Justice is reportedly considering bringing charges against Dragon

Key Points: Beijing employee laundered 140 million yuan via cryptocurrency.
Sentenced to imprisonment along with collaborators.
Authorities tighten oversight on cryptocurrency transactions.
In Beijing’s Haidian District, former short video platform employee Feng orchestrated an illicit

Key Points: The U.S. Treasury now accepts Venmo and PayPal for national debt donations.
Americans donated $67.3 million over 29 years.
Donations have limited impact on $36.7 trillion debt.
The U.S. Treasury now accepts Venmo and PayPal donations to repay its national debt, a total of $36.70 trilli

Key Points: The Solana network minted 18 million tokens, mostly via Pumpfun.
Pumpfun’s token output surpasses Base and BSC.
Solana’s network provides significant growth in meme coin creation.
The Solana network has minted approximately 18 million tokens over the past year, with Pumpfun

Key Points: Senate draft proposes digital asset definition and regulation under SEC.
Public comments invited until early August.
President supports pending bipartisan bill passage.
The U.S. Senate Banking Committee has released a discussion draft of the “CLARITY Act” to regulate digital assets, in

Key Points: Trump administration’s AI deregulation aims face scrutiny amid unverified claims of “DOGE AI” tool.
No credible confirmation of claimed AI tool.
Market remained unaffected by alleged government deregulation tool.
Reports of a “DOGE AI Deregulation Decision Tool” used by a

Key Points: Minsheng Securities highlights China’s push for a stablecoin-RWA ecosystem.
The initiative signals a significant transformation in China’s digital asset sector.
China’s strategy includes anchoring digital currencies with high-quality domestic assets.
Minsheng Securities releases a

Key Points: Tornado Cash’s Roman Storm begins trial defense; risks severe legal penalties.
Defense highlights Tornado Cash’s privacy-focused design.
Market awaits trial outcomes; focuses on privacy coin stability.
Roman Storm, Tornado Cash’s co-founder, faced an adjournment in his U.S. criminal tr

Key Points: USDC Treasury conducts large 54.47 million USDC burn on Ethereum.
Event helps maintain USDC’s stable peg to USD.
No official statements from Circle leaders post-burn event.
On July 25, 2025, the USDC Treasury destroyed 54.47 million USDC worth $54.46 million on Ethereum, monitored by

Key Points: Summer lull expected as White House delays crypto policy report.
Bitcoin and Ethereum show signs of overbought levels.
Potential liquidation risks for leveraged long positions in Ethereum.
Matrixport’s report signals a cooling phase in the crypto market with a consolidation trend

Key Points: Bit Digital plans shareholder meeting to discuss share capital increase.
Share capital aims to increase from 340 million to 1 billion.
No official confirmation on ETH investment plans yet.
Bit Digital plans a September 2025 shareholder meeting to vote on increasing its authorized share

Key Points: Prosecutors mull charges against Dragonfly, raising market uncertainty.
Potential legal precedent affects crypto investments.
Privacy tech investments risk chilling effect in U.S.
Federal prosecutors may file criminal charges against Dragonfly Capital employees, including Managing

Key Points: DOJ considers charges over Dragonfly’s 2020 Tornado Cash investment.
Potential chilling effect on privacy-related crypto investments.
Community watches legal outcomes for wider industry impact.
The U.S. Department of Justice is contemplating legal action against Dragonfly for