Bankruptcy
MVMT Labs bankruptcy lists under $1 million in assets after $38M raise
MVMT Labs is the sole named debtor, while Move Industries says it is uninvolved and key asset boundaries remain unresolved.
Liam 'Akiba' Wright 7 min read Web3 News
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Liam 'Akiba' Wright 7 min read 
Censorship
France blocked Polymarket after its transaction controls failed to stop 578,751 new French visitors
ANJ cited Similarweb estimates after operator-level controls were circumvented in practice while the platform's live odds remained visible.
Outage
Ethereum bridge users have 24 hours to exit before chain shuts down after just 5 week warning
Powerloom claims and unstaking are already closed, leaving liquid balances one final bridge route to Ethereum before 6:00 AM UTC on July 21.
More Web3 News & Analysis
Rumors
Sony’s stablecoin plan sends PlayStation crypto rumors racing ahead of the facts
The OCC has conditionally approved a proposed Sony Bank trust, while games, the PlayStation Store and a consumer launch remain unannounced.
Featured
Ripple CEO says SEC suit nearly pushed company to shut down
Brad Garlinghouse's account shows how a token reserve can shape a company's room to survive a long regulatory fight.
Memecoins
Pump Fun to release $127M of insider tokens worth double PUMP’s recent daily volume
The July 12 unlock is large enough to test whether trader demand can absorb insider supply without forcing a deeper repricing.
People
Vitalik’s new Lean Ethereum plan puts ETH’s Wall Street pitch on a 4 year clock
The roadmap gives institutions a stronger settlement story, but also a clearer checklist for doubt.
DeFi
DeFi hacks are turning high yields into a hidden liquidity tax
DeFiLlama data shows $780.3 million in Q2 known losses as bridges, keys and protocol logic turn security into a live cost of participation.
Price Watch
Cardano’s scaling overhaul hit by a user confidence gap widened by ADA’s slump and wallet exploit
The network is moving ahead with Leios and Protocol Version 11 while a wallet exploit and a five-year token low overshadow its technical progress.
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Community
Ethereum breakaway developers turn a funding gap into a fight over who steers the network
DeFi
HYPE, JTO and WLD wins are looking more like exceptions than an altcoin season signal
Payments
Global $2.75B payments deal shows stablecoins moving into the rails they were meant to bypass
Trading