A cryptocurrency trading platform said it detected an unauthorized $98,000 withdrawal from an ephemeral instance. The platform paused all trading, deposits and withdrawals as a precaution while it conducts an investigation expected to last several hours. It said user funds remain SAFU and that the platform will cover the loss so users are not affected. The incident did not involve the mainnet or a hot wallet, but the service halt disrupts immediate token liquidity and order execution across the platform.

Native ETFs tied to Solana (SOL) and Hyperliquid (HYPER) have together accounted for nearly 80% of trading volume among spot ETFs excluding Bitcoin and Ethereum. Hyperliquid ETFs began trading only two months ago. The figures were reported by The Block.

MetaMask said it will pay the gas fee for token swap transactions on the Solana network when the single swap amount exceeds $200. The move reflects an integration upgrade for the Solana ecosystem and marks MetaMask’s expansion from an Ethereum-first wallet toward a multichain infrastructure platform. The feature is expected to lower execution costs and barriers for users swapping in Solana DeFi, potentially increasing on-chain swap activity, TVL inflows and protocol usage depth. The change does not involve any SOL issuance, burning, or monetary policy adjustments.

PST’s market capitalization has surpassed $200M, placing it among the top three yield-bearing assets on Solana. It also ranks in the top three yield-bearing assets by 30-day net growth. The project highlighted the milestone, saying PayFi yield is leading Internet Capital Markets.

Gate’s decentralized exchange said it has integrated Robinhood Chain, enabling cross-chain asset swaps across Ethereum, BSC and Base. The company said its underlying architecture was designed to be chain-agnostic, framing the integration as an extension of existing infrastructure rather than a new capability. The upgrade does not involve a new token issuance, liquidity mining, or changes to the economic model, and is focused on strengthening cross-chain routing.

U.S. Treasury Secretary Scott Bessent said the Clarity Act is at the “1-yard line,” indicating it is nearing final passage. The comment was reported by Bloomberg.

Coinbase has publicly backed the Clarity Act, a proposal aimed at clarifying the U.S. regulatory line between securities and commodities for digital assets. The headline explicitly singles out XRP and uses an hourglass symbol to suggest its legal status could be nearing a pivotal shift. If advanced, the bill could affect XRP’s ongoing compliance uncertainty in the U.S. following the SEC’s case against Ripple.

Democrats and Republicans are set to meet on 2026-07-22 to finalize negotiations on a crypto market structure bill, CNBC reported. The report said Democrats have shifted to supporting the legislation, signaling a key bipartisan alignment on a regulatory framework for digital assets. The bill aims to establish unified rules covering exchanges, custody, stablecoins and DeFi activity. The text has not been made public and the measure has not yet advanced to a vote or signing stage, leaving any market impact at the expectation level.