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Tether Gold secures Shariah certification for XAU₮
Tether Gold has officially secured Shariah compliance for its XAU₮ token, a move designed to integrate the gold-backed asset into Islamic financial markets. The certification, issued by Amanah Advisors, validates the token’s structure against principles prohibiting interest and speculative derivatives while ensuring direct ownership of physical bullion stored in Swiss vaults.
ACLU Sues Over Conditions and Due Process Denials at 'Alligator Alcatraz'
Armed guards and Florida National Guard troops are turning away attorneys from the Everglades detention facility, where roughly 1,000 people—many without criminal charges—are held in cramped, unsanitary conditions. A new class-action lawsuit challenges the Trump administration's refusal to grant detainees access to counsel or the right to petition for release.
New Trump administration rule bypasses asylum interviews
The Trump administration issued a regulation on Monday that allows officials to bypass mandatory interviews for asylum seekers, immediately funneling potentially hundreds of thousands of applicants into deportation proceedings based solely on written submissions that may lack critical context or legal representation.
ICE Ends Bond Hearings for Millions in Sweeping Detention Directive
Immigration and Customs Enforcement has effectively stripped millions of undocumented immigrants of their right to bond hearings. A July 8 internal memo from Acting Director Todd Lyons mandates that those awaiting deportation be held in custody for the duration of their proceedings, signaling a sharp escalation in federal enforcement tactics.
Judge Orders Due Process for Venezuelans Sent to Salvadoran Prison
A federal judge has ruled that the Trump administration acted illegally by deporting over 200 Venezuelans to a notorious El Salvador mega-prison without court hearings, ordering officials to provide a path for the men to contest their designations under the 1798 Alien Enemies Act.
Senate Republicans Race Against Time for Clarity Act Vote
Senate Majority Leader John Thune is pushing for a procedural vote on the Clarity Act before the August 7 recess, but the legislation faces a precarious path. With Republicans holding only 53 seats, the bill requires significant Democratic support to clear the 60-vote threshold needed to overcome a filibuster.
DOJ Drops Charges Against Labor Leader David Huerta
The U.S. Department of Justice moved Monday to dismiss criminal charges against California labor leader David Huerta, ending a months-long legal battle that began with his arrest during an immigration protest. The government’s decision marks a retreat from a case that critics long characterized as an attempt to intimidate political dissenters.
Labor Leader David Huerta Arrested During Los Angeles ICE Raid
A chaotic scene unfolded in Los Angeles on Friday when David Huerta, president of SEIU California, was injured and arrested while observing an ICE operation at a local worksite. The incident, captured on video, has triggered a wave of condemnation from labor unions and Democratic officials across the state.
Tokenized stock market hits 752K users as retail demand surges
The number of tokenized equity holders spiked 92% over the last month, reaching 752,000 across five major platforms. While Robinhood dominates the retail user base with a 44% market share, institutional giants like Ondo and xStocks continue to command the vast majority of total asset value.
Securitize Gains SEC Adviser Status as Shares Slide
Securitize Capital has officially secured investment adviser status with the US Securities and Exchange Commission, a move that subjects the firm to rigorous federal oversight. While the company expands its regulatory footprint, investors reacted with caution as SECZ stock dropped nearly 10% during Monday’s trading session.
Trump-Appointed Council Moves to Weaken Historic Preservation Rules
Trump-appointed members of the Advisory Council on Historic Preservation have voted to overhaul Section 106 of the National Historic Preservation Act, triggering a backlash from advocates who warn the move will effectively strip communities and Tribal Nations of their legal power to challenge construction projects on sensitive historic lands.
CFTC Pushes for Emergency Ruling to Halt Minnesota Prediction Market Ban
With Minnesota’s criminal ban on prediction markets set to take effect August 1, the Commodity Futures Trading Commission has petitioned a federal court for an urgent ruling. The regulator fears the state law will turn federally overseen trading platforms into criminal operations if the court does not intervene immediately.
Bernie Sanders Calls for Immediate Halt to US Military Aid for Israel
Senator Bernie Sanders has launched a sharp rebuke of American complicity in the devastation of Gaza, condemning the ongoing military campaign as a violation of international law. As Israeli Prime Minister Benjamin Netanyahu prepares for a US visit, the Vermont senator is demanding an immediate end to all military funding.
Goldman Sachs Scales Up Private Market Investment Division
Goldman Sachs is aggressively diversifying its asset management portfolio by consolidating its alternative investment capabilities into a singular, expanded division. This move signals a deliberate shift toward private markets, positioning the firm to capture deeper fee-based revenue streams as traditional public equity and debt markets face increased volatility.
West Bank Violence Surges as Netanyahu Prepares for Trump Meeting
As Benjamin Netanyahu prepares for talks with Donald Trump this week, Israeli soldiers have surged into West Bank villages to support an intensifying campaign of settler violence. The state-backed rampages, which included the burning of two mosques and the destruction of Palestinian homes, have drawn urgent international condemnation.
Springfield Standoff: Bomb Threats Follow Political Rhetoric
Schools and public offices in Springfield, Ohio, shuttered for a second consecutive day Friday as anonymous bomb threats paralyzed the city. The disruptions follow persistent, unsubstantiated claims from Donald Trump and JD Vance targeting the local Haitian migrant community, a campaign of rhetoric that local officials describe as a direct incitement of hate.
Trump Administration Directs ICE to Begin Mass Arrests of Haitian Migrants
Federal agents are preparing to launch mass arrests of Haitian immigrants this week following a Supreme Court ruling that cleared the way to terminate Temporary Protected Status (TPS). The directive, which strips legal protections from 350,000 Haitians, marks the start of a nationwide enforcement operation targeting communities across the United States.
Binance Futures Adds Leveraged Exposure to Bitcoin and Treasury ETFs
Binance Futures has launched three new USDT-settled perpetual contracts tied to the ProShares Bitcoin ETF and two U.S. Treasury products, allowing traders to take leveraged positions on traditional financial assets around the clock without directly purchasing the underlying shares.
BitMine Shares Rally as Treasury Holdings Near 5% of Ethereum Supply
BitMine Immersion Technologies surged nearly 11% on Monday as Ethereum reclaimed the $1,900 mark, fueled by the company’s aggressive acquisition of 9,946 ETH last week. The move brings BitMine’s total treasury to 5.79 million ETH, pushing the firm closer to its stated goal of controlling 5% of the total supply.
Tesla Wins Supreme Court Appeal Over 5G Patent Licensing
The UK Supreme Court has handed Tesla a significant legal victory, overturning lower court decisions that previously barred the automaker from challenging 5G licensing terms. The ruling forces patent platform Avanci and patent holder InterDigital to face a judicial review regarding whether their $32-per-vehicle fee meets fair and non-discriminatory standards.
DEA Analysis Finds Trump's Boat-Bombing Campaign Fails to Curb Drug Flow
A classified internal analysis by the Drug Enforcement Administration has determined that the Trump administration’s aggressive campaign of maritime strikes against suspected drug vessels off the Latin American coast has failed to reduce the volume or street price of cocaine entering the United States, despite a death toll exceeding 221 people.
US Military Strikes Fourth Vessel in Caribbean Amid Legal Backlash
Four men were killed Friday after a U.S. military strike targeted a vessel off the coast of Venezuela, marking at least the fourth such operation since September. Defense Secretary Pete Hegseth defended the action as a lethal strike against narco-traffickers, despite mounting warnings from legal experts regarding international law.
Crypto Treasury Firms Pivot to AI Amid Market Cooling
More than a dozen digital asset treasury companies are abandoning their core crypto-accumulation strategies in favor of artificial intelligence and data centers. As falling asset prices compress treasury premiums, these firms are attempting to reinvent themselves as operational businesses to win back skeptical investors, though early market results remain grim.
Trump Pressures Senate Leadership to Cancel Recess for Voter Bill
Donald Trump on Monday demanded that Senate Majority Leader John Thune cancel the chamber’s upcoming August recess to force a vote on the SAVE America Act, escalating a standoff over a controversial proposal that would overhaul national voter registration requirements and faces significant legislative hurdles.
Circle Acquires IBM Blockchain Patent Portfolio
Circle Internet Group has secured over 680 IBM patent families, encompassing nearly 1,000 issued patents worldwide. This acquisition grants the stablecoin issuer a broad intellectual property base spanning blockchain infrastructure, secure cloud operations, and enterprise banking, positioning the company to bolster its USDC ecosystem and emerging agentic finance tools.
Hyperliquid and Multicoin push for federal oversight of prediction markets
The Hyperliquid Policy Center and Multicoin Capital have formally backed the Commodity Futures Trading Commission’s proposed framework for event contracts. By advocating for standardized federal oversight, the firms aim to replace current regulatory ambiguity with a predictable, transparent process for reviewing derivatives tied to sensitive real-world events.
BitMine Inches Toward 5% Ethereum Target With Fresh Buybacks
BitMine Immersion Technologies has pushed its Ethereum holdings to 5,787,414 tokens, capturing roughly 4.8% of the total circulating supply. Chairman Tom Lee continues to aggressivey execute the company's "Alchemy of 5%" strategy, pairing weekly asset accumulation with a significant $4 billion share repurchase program.
Strategy Beefs Up Cash Reserves, Halts Bitcoin Buying
Strategy has expanded its U.S. dollar reserve to $3.75 billion, a move that provides roughly 2.1 years of coverage for preferred stock dividends. While the company bolstered its liquidity through $544.5 million in common stock sales, it maintained its Bitcoin holdings at 843,775 BTC, continuing a multi-week pause in accumulation.
SparkKitty Malware Turns Smartphone Galleries into Security Liabilities
A persistent mobile malware campaign known as SparkKitty is back in the spotlight, reminding users that storing cryptocurrency recovery phrases in phone photo galleries invites immediate theft. While recent warnings have renewed alarm, security researchers confirm the threat traces back to a 2025 discovery rather than a fresh emergence.
Zcash Schedules Ironwood Upgrade to Resolve Orchard Supply Uncertainties
Following the discovery of a critical vulnerability in the Orchard shielded pool, Zcash will trigger its NU6.3 Ironwood upgrade on July 28 at block height 3,428,143. The network shift forces a transition to a new shielded pool, introducing a turnstile mechanism designed to verify the total circulating supply of ZEC.