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Venice Raises $65M Series A at $1B Valuation Led by Dragonfly

DeFi The Defiant Explainers 2026-07-01 21:00

Erik Voorhees' privacy-first AI platform Venice landed a $65 million Series A at a $1 billion equity valuation, its first outside capital, after hitti...

Supreme Court Overturns Humphrey's Executor, Clearing Trump to Fire SEC and CFTC Commissioners

DeFi The Defiant Explainers 2026-07-01 20:40

The Supreme Court's 6-3 ruling in Trump v. Slaughter overturns a 91-year-old precedent shielding independent agency commissioners from at-will removal...

Avalanche Treasury Corp Stock Crashes 93%, Warns SEC It May Not Survive the Year

DeFi The Defiant Explainers 2026-07-01 20:40

Avalanche Treasury Corp told the SEC its ability to continue as a going concern is in doubt after its Nasdaq-listed stock lost 93% of its value in a m...

SEC Opens 60-Day Comment Period on 'Novel' ETF Rules as Prediction Market Funds Pile Up

DeFi The Defiant Explainers 2026-07-01 19:20

The SEC published a formal request for comment on 'Novel ETFs' covering crypto-asset and prediction-market funds, following Chair Paul Atkins' May sta...

Robinhood Launches Robinhood Chain Mainnet, Adds Stock Tokens, Onchain Lending, and Agentic Crypto Trading

DeFi The Defiant Explainers 2026-07-01 19:00

At a London keynote, the trading platform opened its Arbitrum-based Layer 2 to the public, rolled out new stock tokens and a Morpho-powered lending pr...

Chinese Exile Miles Guo Sentenced to 30 Years for $1B Crypto Fraud Scheme

DeFi The Defiant Explainers 2026-07-01 17:40

A federal judge ordered Guo to forfeit $889 million after a jury convicted him of running a scheme that raised over $1 billion partly through the fake...

World Launches Onchain Prediction Market on Solana Through Phantom

DeFi The Defiant Explainers 2026-07-01 17:40

The platform, unmasked in late June after two-plus years as an anonymous "Trade Everything" teaser account, opens trading in Phantom's CASH stablecoin...

ENS Community Member Proposes Dissolving DAO After Founder Blocks Security Council Renewal

DeFi The Defiant Explainers 2026-07-01 17:20

Christoph Jentzsch, who wrote code for the original 2016 "The DAO" and now runs Tokenize.it, called for ENS DAO to wind down and revoke its own upgrad...

Drift Protocol Rebrands to Velocity DEX Ahead of Relaunch

DeFi The Defiant Explainers 2026-07-01 17:20

Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after...

Binance and Anchorage Digital Launch Off-Exchange Settlement for Institutional Traders

DeFi The Defiant Explainers 2026-07-01 17:20

Binance and Anchorage Digital launched an off-exchange settlement integration on Tuesday, letting institutional traders access Binance's liquidity whi...

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