Midday News Update #Web3
💰 Gold hits ATH of $3,534.10/oz in early Asia trading as markets expect a more dovish Fed. Trump nominates CEA Chair Matalin to Fed board, fueling rate cut bets.
🏛️ @paradigm, @MulticoinCap, @galaxyhq and others officially back U.S. Senate’s crypto legislation—signaling growing institutional push for regulatory clarity.
🚀 @DopplerFinance raises $3M in seed round led by Reforge to build next-gen DeFi risk solutions.
⚖️ Ethereum Foundation commits extra $500K to support Tornado Cash founder’s legal defense, citing decentralization principles.
📊 Perp DEX volume hits record $400B in July, marking first time monthly volume has crossed that level.
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