Morning Edition · Saturday, July 11, 2026

Crypto
Circle Wins Federal Trust-Bank Charter, Pulling USDC Reserves Toward U.S. Oversight
Federal approval lets Circle custody its own reserves under a national charter, and management says reserve administration for the $73.5 billion stablecoin will follow.

Macro
Four-Year Ban on a Fed Digital Dollar Becomes Law Without Trump's Signature
A prohibition on a central bank digital currency, carried in a housing bill, takes effect at midnight after the president declined to sign, ending the Federal Reserve's ability to issue a retail digital currency until the end of 2030.

Markets
Bitcoin's $10 Billion Corporate Credit Market Keeps Growing After Its First Selloff
A June downturn drove leading Bitcoin-backed preferred shares below par and triggered margin calls, yet new issuers are still entering the treasury-financing model.

Tech
Ethereum Foundation Says AI Agents Found Real Protocol Bugs, but Triage Is the Hard Part
Autonomous agents surfaced a genuine flaw in the peer-to-peer layer that consensus clients depend on, while most machine-generated findings proved false or duplicate.

Crypto
Privacy Layer-2s Move Their Pitch From Niche to Institutional Requirement
Miden and Aztec are releasing confidential-execution designs and openly contesting who should control the switch that turns privacy off.

Crypto
Governance Takeover, a Signing-Library Flaw, and a Laser: July's Security Ledger
A $20 million treasury drain at BonkDAO, a $2.4 million Cardano wallet exploit, and a lab attack on Tangem cards show losses arriving through governance, code, and hardware alike.

Crypto
Backpack Opens 24-Hour Trading of Real U.S. Stocks on Solana
The exchange listed tokenized shares of SpaceX, Micron, and SanDisk backed one-to-one by custodied stock, tradable 24 hours a day in more than 150 countries.

Tech
Crypto Firms Form a 27-Member Consortium to Settle Disputes Between AI Agents
OKX, MetaMask, and Matter Labs back a Genlayer-led effort to make autonomous-agent payments, escrow, and arbitration interoperable across platforms.

World
Durov Accuses the EU of Using Procedural Tactics to Advance Surveillance Laws
The Telegram founder's accusation comes as the bloc debates message-scanning rules, increasing demand for systems where confidentiality is enforced by cryptography rather than provider policy.

Crypto
Metaplanet Studies Bitcoin-Backed Digital Credit With JPYC and Progmat in Japan
The joint study would let companies borrow 24 hours a day against Bitcoin reserves with settlement on-chain, extending the treasury model beyond accumulation.

Crypto
AscendEX Shuts Down After Missing MiCA Deadline, Warns Some Withdrawals May Not Clear
Automated payouts are paused following a failed liquidity deal, leaving customers without firm assurances on timing or amounts as Europe's licensing regime removes unlicensed firms.

Crypto
Hong Kong Gives Crypto Platforms a Year to Drop One-Time Passwords or Cover Losses
The Securities and Futures Commission wants phishing-resistant login and device binding by July 2027, with monitoring duties applying immediately.