AGP Executive Report
Last update: 39 minutes agoUniswap Upgrade: Uniswap activated a v4 protocol fee switch on multiple networks, routing swap fees into TokenJar for UNI buy-and-burn—boosting revenue but not sending fee checks to holders. Market Pulse: Crypto activity rebounded in July (DeFi lending up to $22.2B; stablecoin supply down), but fresh liquidity stayed scarce as traders returned to DeFi and perps. Bitcoin Watch: BTC slid below $64K amid Fed/BoJ rate uncertainty and Iran-linked oil jitters, with analysts flagging a potential deeper drop as August’s historically weak stretch begins. Regulation & Policy: South Korea confirmed crypto gains will be taxed at 22% from Jan. 1, 2027, while the U.S. Senate still aims to move the CLARITY Act before August recess. Crypto Crime: Reuters linked Dubai exchange Shelbit to a $4B Iran sanctions-evasion gambling network, and Texas reported $56.8M lost to crypto kiosk scams. Corporate Moves: SBI reaffirmed its Ripple stake value at ~$41.2B despite XRP weakness; Coinbase shares sank after a quarterly loss and weaker trading revenue.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
