July 29: Monad Mainnet in Audit and Solana Meme Trading At Center of RICO Case

Jul 29, 2025

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TODAY’S HEADLINES

Monad mainnet hits audits. Team announced on Tuesday that the mainnet client is officially in audit. Are we going to see this by year's end?
GitHub experienced a significant outage starting on July 28, 2025, which disrupted services for developers globally. The incident, beginning around 10:40 PM UTC, affected key features such as API requests, issues, and pull requests due to networking issues and infrastructure strain. Issue has been resolved.
Amidst all the memecoin frenzy of late, and that we mentioned yesterday, there is a secondary benefactor to these rises. We’re seeing a comeback in the value of many Solana NFT projects. When the value of the base tokens increase, so do the NFTs. PENGU, FONK, ZORA and ENA going strong.
But we’re also seeing users ditch Pump.Fun. The battle for Bonk v Pump is on. Further: Solana, Pump.fun and others were cited in amended NY RICO suit that alleges $5.5 Billion meme coin scheme.
Two interested treasury announcements: Mill City Ventures III announces $450M private placement for Sui Treasury Strategy and ETHZilla, a $425 Million private placement for an Ether Treasury Reserve led by consortium of digital asset leaders.

Quick Bitez

A Solo Bitcoin Miner apparently mined entire Bitcoin themself, earning the block reward amid rising network challenges.
The miner utilized the Solo CK pool, a solo mining service, to mine block 907283, which included 4,038 transactions and accrued block fees totaling $3,436. This accomplishment highlights the challenges faced by solo miners in an environment increasingly dominated by large-scale corporate mining firms.
Salyor’s Strategy skipped BTC buys last week. No new purchases no wallet moves just watching the market. People watch these wallets like hawks as well.
The ECB Says U.S.-Backed Stablecoin use in EU Could Weaken Its Monetary Autonomy. If they have not already realized this, then their doomer. People have tried a digital Euro and it just didn’t work. This is another reason the US government should be feared behind the stables. It’s hegemony isn’t going anywhere.

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C3

The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as Impact3, EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.

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