SOL Strategies June Update: Over 3.7M SOL Now Staked to Validators

On July 3rd, Jupiter officially declared that the Active Stake Reward (ASR) in the second quarter has now become eligible for claiming.

On July 3rd, as per the American news agency, the American law firm Pomerantz announced that it has filed a class action lawsuit against MicroStrategy (MSTR) and some of its executives. The lawsuit claims that between April 30, 2024, and April 4, 2025, MicroStrategy misled investors by not fully disclosing the risks of its "Bitcoin Reserve Company" strategy. MicroStrategy underestimated the potential for substantial losses due to Bitcoin price volatility after adopting the new accounting standard ASU 2023-08. On April 7, 2025, MicroStrategy disclosed unrealized losses of approximately $5.9 billion in the first quarter due to the devaluation of Bitcoin, resulting in the company's stock price dropping by 8.67% on the same day and closing at $268.14 per share. This class action lawsuit has been filed in the Eastern District of Virginia, with case number 25-cv-00861, aiming to recover losses caused by the defendants' violation of federal securities laws and seeking remedies against the co

On July 3rd, U.S. President Trump posted on Truth Social and said that the House of Representatives appears to be ready to hold a vote tonight (on the tax reform bill "Beautiful Act"). We had a very pleasant conversation throughout the day, and the Republican majority in the House is unified.

On July 3rd, as reported by Forbes, the U.S. Department of Justice made an announcement regarding the cracking down on the largest healthcare fraud scheme in history. A total of 324 defendants were charged, with false claims amounting to over $14.6 billion. These defendants included 96 healthcare professionals such as doctors, nurses, and pharmacists, and the case was spread across all 50 federal districts and 12 state attorney general's offices in the United States. This operation also led to the seizure of over $245 million in cash, cryptocurrency, luxury vehicles, and other assets. Meanwhile, the Centers for Medicare & Medicaid Services (CMS) prevented over $4 billion in fraudulent payments by suspending or revoking the billing privileges of 245 providers. The "Operation Gold Pill" case within this investigation accounted for $10.6 billion of the fraud and was linked to organized crime in Russia, Estonia, and Kazakhstan. Attorney General Pamela Bondi stated that a zero-toler

On July 3rd, as reported by crypto reporter Eleanor Terrett, the Republican Banking Committee is scheduled to hold a full committee hearing on the cryptocurrency market structure next week. The hearing will be conducted on Wednesday morning at 10:00 AM (US Eastern Time). The confirmed participants currently comprise: Brad Garlinghouse, the CEO of Ripple; Kristin Smith, the CEO of the Blockchain Association; Jonathan Levin, the CEO of Chainalysis; and Dan Robinson, the General Partner at Paradigm.

On July 3rd, based on the comments of cryptocurrency reporter Eleanor Terrett on "Ripple's Application for National Bank Charter with the Office of the Comptroller of the Currency (OCC)", "In addition to this application, Ripple also applied for a Federal Reserve master account through its acquisition of the trust company Standard Custody last year. In terms of access, this is more significant than obtaining an OCC license. Hierarchically, a master account is at the diamond level, a bank charter is at the platinum level, a trust company is at the gold level, and a money transmitter license is at the silver level." "Historically, the Federal Reserve has been reluctant to allow cryptocurrency companies direct access to the payment system. Although critics argue that this could reduce risk. Currently, the Federal Reserve is defending this position in the Custodia Bank lawsuit, which involves the authorization of depository institutions to obtain master account access. A judgment is expec