CRYPTO AIRDROPS

Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.

Tether completes first full financial audit, receives clean KPMG opinion https://cointelegraph.com/news/tether-completes-first-full-financial-audit-receives-clean-kpmg-opinion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.

City of Baltimore goes after prediction markets for sports betting https://cointelegraph.com/news/baltimore-lawsuit-prediction-markets-kalshi-polymarket-sports-betting?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.

Neutrl pauses NUSD redemptions over undisclosed reserve issue https://cointelegraph.com/news/neutrl-pauses-nusd-redemptions-over-undisclosed-reserve-issue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BA Labs had previously classified a proposed NUSD integration as higher risk because of its counterparty, operational and liquidity exposure.

Crypto payments barely register among euro area merchants, ECB finds https://cointelegraph.com/news/ecb-survey-0-2-euro-area-companies-accept-crypto-online?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground.

SEC cancels key crypto regulatory meeting https://cointelegraph.com/news/sec-cancels-crypto-regulatory-meeting?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The SEC canceled a meeting on proposed crypto offering rules after the Senate left for recess without voting on the CLARITY Act.

Solana’s fee overhaul increases burn and makes resource hogs pay https://cointelegraph.com/magazine/solana-wants-its-biggest-resource-hogs-to-pay-more?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Solana’s proposed fee overhaul would make resource-heavy transactions more expensive while cutting costs for simpler activity, and it increases the amount of SOL burned.

JPMorgan boosts Bitcoin, Ether ETF positions in Q2 filing https://cointelegraph.com/markets/jpmorgan-crypto-etf-moves-risk-not-bullish-bet-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

JPMorgan reported a 25% increase in its Bitcoin ETF position and more than quadrupled its Ether ETF position in the second quarter.

Binance to restrict transactions involving HTX, 10 other crypto platforms https://cointelegraph.com/news/binance-restrict-htx-10-crypto-platforms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Binance said it will stop processing transactions for involving 11 crypto platforms, including HTX, which was recently listed in the EU’s sanctions package targeting Russia.