Crypto News. July 21, 2025

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DeFi

SVM L1 Fogo launch public testnet, raised $8M in January. Dubbed the Hyperliquid of Solana as they aim to deliver 40millisec block speed etc

Coinbase launched nano Bitcoin and Ethereum perpetual futures for US traders

$410 Billion PNC Bank partnered with Coinbase to offer crypto access to customers and provide banking support to Coinbase.

According to FT, JPMorgan Chase is considering allowing customers to borrow against their crypto holdings as early as next year

Western Union CEO told Bloomberg they’re exploring ways to integrate stablecoins into its digital wallet infrastructure

Solana surpassed $100billion market cap

Pantera backed Ether Machine raised $1.5B to use 400k ETH to offer institutions direct, regulatory compliant access to ETH defi yield

Aave DAO has approved a proposal allowing the Kraken backed Ink chain, to launch a white label version of Aave V3 (use Aave v3 tech but branding and control, Ink’s)

AI Trust Layer, Mira Network to soon take Kaito snapshot with 0.5% supply allocated. Mira raised $9M in seed