KLEA Crypto Daily: Wednesday, July 30, 2025

Published: July 31, 2025 – 00:03 UTC

Here’s a look back at the key stories from July 30, 2025.

Researcher Warns Bitcoin and Ethereum Vulnerable to Quantum Computers

Mysten Labs suggests newer blockchains are prepared for quantum computing, while older networks like Bitcoin and Ethereum may face risks of being left behind.

Prosecutors Challenge Privacy Claims in Tornado Cash Co-founder Trial

In the trial of Roman Storm, federal prosecutors dismiss privacy concerns as a distraction, emphasizing charges of money laundering and violating US sanctions, with the jury set to decide Storm's fate.

HongShan-Backed HK Fintech Startup Secures $40M to Fuel Stablecoin Ambitions

RD Technologies, a Hong Kong fintech startup, raised $40 million in a Series A2 round to develop its stablecoins, particularly the Hong Kong dollar-pegged HKDR. The funding, led by various investors, aims to capitalize on Hong Kong's evolving digital asset regulations.

BlackRock’s Bold Move: 4x More Ethereum Than Bitcoin Last Week

BlackRock, managing over $10 trillion in assets, recently purchased over $1.2 billion worth of Ethereum and $267 million worth of Bitcoin. This significant difference in investment amounts suggests a growing institutional preference for Ethereum over other cryptocurrencies, highlighting its increasing presence in portfolios.

Visa CEO Embraces Stablecoins, Vows to Ensure Trust and Interoperability in Digital Assets

Visa is increasing investments in stablecoins and AI to revolutionize online payments, aiming to bridge traditional and digital banking through trust and interoperability. The company's Visa Tokenized Asset Platform (VTAP) has already processed $225 million in stablecoin transactions in 2025.

Hyperliquid Issues Automated Refunds After API Outage Halts Trading

Hyperliquid, a decentralized exchange, will automatically refund users affected by a recent trading outage caused by an API server issue. The disruption led to delays, errors, and price divergences, with refunds to be processed without users needing to open a ticket.

Federal Banking Regulatory Agencies Issue Guidance on Crypto-Asset Safekeeping

The global crypto-asset market cap has significantly increased, prompting a shift in how U.S. federal regulators approach crypto-assets. Financial institutions are now encouraged to offer crypto-asset products and services following new guidance from federal banking regulatory agencies.

White House Crypto Report Leaves Out Bitcoin Reserve, Focuses on Rules

A White House-commissioned working group is advocating for Congress to expand on existing crypto legislation and for federal regulators to enforce stablecoin rules promptly. The group's recommendations aim to align legislative proposals with the evolving digital asset landscape, emphasizing the need for regulatory clarity and oversight.

Crypto Market Update: Bitcoin and Ethereum ETFs See Significant Inflows

Recent data shows that Bitcoin and Ethereum ETFs are experiencing substantial inflows, with Blackrock's iShares accumulating significant amounts of both cryptocurrencies. This trend indicates growing interest and investment in the crypto market.

JPMorgan Chase Partners with Coinbase to Expand Crypto Access for 80M Customers

JPMorgan Chase has announced a partnership with Coinbase to provide its 80 million customers with direct access to digital assets. This collaboration will allow Chase users to fund Coinbase accounts using credit cards and redeem rewards for USDC stablecoin, marking a significant step towards mainstream adoption of cryptocurrencies.

Ripple CTO Reveals Regulatory Risks Preventing Use of XRPL DEX for Payments

Ripple's Chief Technology Officer, David Schwartz, explains that regulatory risks are the primary factor hindering the adoption of the XRP Ledger's decentralized exchange (DEX) for payment settlements. Despite having over a decade of development and numerous financial partners, institutional reluctance around public liquidity pools remains a challenge.

'Turkey's Uber' Allocates 20% Cash Reserves to Bitcoin

Martı, Turkey's leading ride-hailing platform, announces a commitment to allocate 20% of its cash reserves to crypto assets, starting with Bitcoin. This move aligns Martı with a growing trend of companies integrating digital assets into their treasury management strategies.

Coinbase and JPMorgan to Link Chase Accounts to Crypto Exchange

Coinbase and JPMorgan have announced a partnership to connect Chase bank accounts to the crypto exchange starting in 2026, facilitating easier access to cryptocurrencies for Chase customers.

Visa Settles Over $200 Million in Stablecoin Transactions, Anticipates Regulatory Support

Visa reports settling more than $200 million in stablecoin transactions in Q2 2025, signaling a significant step in its digital asset initiatives. The company anticipates regulatory backing for its stablecoin settlement framework, aiming to streamline global payments.

Mawari’s Public Decentralized Infrastructure Offering (DIO) to Launch with $45 Million Participation Volume

Mawari is set to launch a public Guardian Node Offering under the Decentralized Infrastructure Offering (DIO) model, with a $45 million participation volume. The offering includes a U.S.-only option through Republic under Regulation D.

SEC’s in-kind approval can spark HUGE $710 billion supply squeeze for Bitcoin ETFs

The U.S. Securities and Exchange Commission's approval of in-kind creation and redemption mechanisms for spot Bitcoin and Ethereum ETPs could lead to a $710 billion supply squeeze for Bitcoin ETFs. This decision aligns the regulatory framework for digital asset funds with existing standards in commodity ETPs, marking a significant shift in crypto investment structures.

Chainlink (LINK) Price Retreats Despite CCIP Expansion Momentum

Despite a 2.92% daily decline, Chainlink (LINK) trades at $17.63 with strong fundamentals from CCIP integrations and whale accumulation suggesting a potential reversal ahead.

Coinshares Launches SEI ETP With Zero Management Fees and 2% Staking Yield on SIX Exchange in Switzerland

Coinshares has introduced the Coinshares Physical Staked SEI (Ticker: CSEI), the first zero-fee exchange-traded product (ETP) providing regulated access to SEI, a high-performance layer 1 blockchain, catering to European institutional investors' demand for diversified blockchain exposure.

Source: KLEA News