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The Big Story
Hyperliquid Petitions CFTC for On-Chain Perps Framework
The Hyperliquid Policy Center has formally petitioned the U.S. Commodity Futures Trading Commission to establish a regulatory framework allowing on-chain perpetual derivatives trading for U.S. citizens. The petition represents one of the most direct regulatory pushes yet from a decentralized exchange, arriving as Hyperliquid faces mounting competition from regulated U.S. platforms and cooling investor demand for its token, according to JPMorgan. The move could reshape how American traders access crypto derivatives if the CFTC responds favorably.
Breaking News
CLARITY Act Vote Delayed Until September — Senate Majority Leader John Thune confirmed the chamber will not vote on the Digital Asset Market Clarity Act before the August recess, pushing the decision to September when lawmakers return with just three weeks to work through the bill.
Tron Reaches 97.8M Unique Stablecoin Holders — Tron has hit 97,827,114 unique stablecoin holders, securing the highest user count of any blockchain and cementing its position as the undisputed leader in stablecoin infrastructure.
Tokenized Equity Wallets Cross 1 Million — The number of unique wallets holding tokenized equities has surpassed one million, reflecting a 420% year-over-year increase as investors shift away from traditional settlement windows.
Upbit Delists BONK, Token Drops 8% — South Korea's largest cryptocurrency exchange confirmed it will remove the Solana memecoin from its platform, citing unresolved security concerns, sending the token down 8% within an hour.
Top Stories
Trump Calls Crypto "A Big Deal" in CNBC Interview
President Trump has positioned digital assets alongside artificial intelligence as strategic national priorities. In a July 2026 CNBC appearance, he told host Joe Kernen that the U.S. needs to stay "number one in crypto and number one in AI," naming Japan as a secondary contender while keeping China as the main rival. The remarks come as the CLARITY Act faces delays and bipartisan opposition on specific provisions.
XRP ETFs Record $3.45M Inflows After Brief Pullback
Spot XRP exchange-traded funds returned to positive territory on August 6, recording $3.45 million in net inflows after suffering their first net outflows in four weeks. Bitwise and Franklin Templeton led the recovery, with the reversal ending a brief interruption to what had been a steady run of positive flows into the funds.
Uniswap Launches Token Launchpad on Robinhood Chain
Uniswap Labs has launched Pools, a dedicated token launchpad built on Robinhood Chain that lets anyone create, discover, and trade tokens from a single interface. The platform marks the first time Uniswap has moved beyond token trading into token creation itself, with Robinhood Chain serving as its primary automated market maker since launching publicly in July.
Deep Dive of the Week
How Is Sui Preparing for a Post-Quantum Future?
Sui is adding two quantum-resistant signature schemes—ML-DSA-65 and SLH-DSA-SHA2-128s—both approved by NIST, giving users an optional way to protect their accounts against future quantum computing threats. The integration positions Sui among the first layer-1 blockchains to move toward quantum-resistant infrastructure ahead of what many researchers consider an inevitable shift in the computing landscape.
By the Numbers
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$807M — Total value of SOL sold by Pump.fun after latest $6.25M disposal, extending the platform's ongoing token liquidation program.
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78,986 ZEC — Zcash Foundation's token holdings as of Q2 2026, part of $48.7M in net liquid assets, up from $36.69M in Q1.
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16 — Cardano's new Nakamoto Coefficient reading, an all-time high for the network and a key decentralization metric measuring the minimum number of entities needed to disrupt consensus.
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25% — Share of Coldcard wallet hack losses attributed to Canadian Bitcoin holders, the largest of any single country according to Chainalysis.
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$626M — Weekly inflows into spot Bitcoin ETFs through August 6, marking three consecutive green days led by BlackRock's IBIT.
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420% — Year-over-year increase in wallets holding tokenized equities as the sector crosses the one million wallet milestone.
On Our Radar
Kaito Staking Upgrade — The AI platform has tightened staking rules and redirected rewards toward committed, long-term participants in a significant protocol update.
SBF Appeals Denied — The U.S. Court of Appeals for the Second Circuit issued a formal mandate upholding Sam Bankman-Fried's conviction and 25-year sentence, reducing his opportunities for early release.
Michael Saylor on CLARITY — The Strategy Chairman said America needs regulatory clarity but that Bitcoin will win either way, offering a pointed take on the stalled legislation.
Ondo Finance Board Battle — Founder Nathan Allman's mother has filed suit in Delaware seeking to remove current CEO Ian De Bode in a serious corporate governance dispute.
Until Monday.