Crypto News. July 2, 2026
Robinhood L2 Chain went live on mainnet, built on Arbitrum
Robinhood partners with Lighter for perps
dYdX rebrands to Arcus, DEX on Robinhood Chain
Drift rebrands to Velocity
World, Solana prediction market app, went live
Ethereum Institutional launched as an independent non-profit to drive institutional Ethereum adoption, anchor-funded by BitMine, SharpLink, and Joseph Lubin.
Backpack EU secured its MiCA and Payment Institution licenses from the Bank of Latvia
Ethena partnered with Robinhood, becoming the primary collateral asset issuer for Robinhood’s first crypto earn product via a Steakhouse-curated vault.
Cloudflare opened the waitlist for its Monetization Gateway, letting developers charge for web/API/MCP access with stablecoin settlement via x402.
Circle CEO Jeremy Allaire criticized OUSD, saying consortium stablecoins have a poor track record and that USDC handled 80% of all dollar stablecoin transactions in Q1.
Visa, Stripe, Mastercard, BlackRock, Coinbase and 140+ other firms launched Open USD (OUSD), a stablecoin that shares reserve revenue with partners
Forward Industries grew its Solana treasury to 7.55m SOL (~$576M)
DeFiLlama launched a MiCA exchange dashboard to help EU users compare licensed trading platforms by fees, liquidity, and KYC.
Aave Chan Initiative wound down operations following a governance rift with Aave Labs.
Pumpfun deprecated its Tokenized Agent launch option for new coins after community backlash over PVP dynamics.
Christoph Jentzsch proposed to dissolve the ENS DAO by burning the ENSv2 Universal Router key and distributing remaining funds, arguing the protocol’s goals are already accomplished
