
CZ threatens to sue Bloomberg over report linking Binance to Trump-backed USD1 stablecoin
A Bloomberg report claimed that Binance developed the smart contract code powering USD1 stablecoin; CZ dismissed it as “another hit piece.”

Binance facing scrutiny over reported involvement in Trump's affiliated stablecoin USD1 and its potential consequences.

The record comes amid US-traded spot Bitcoin ETFs touching $1.2 billion in inflows on July 10.

Grayscale asserts SEC delays harm investors, hints at legal action to expedite ETF launch.

The rise in Ethereum futures signals a shift in capital flows and growing institutional appetite for ETH.

Ethereum ETFs follow Bitcoin's lead, recording their second-best day with $383 million in new inflows.

Bitcoin’s new USD record hides weaker performance in Europe, where forex strength blunted its gains against GBP and EUR.



