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

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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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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