The Wire — July 2, 2026

The Wire — July 2, 2026

MiCA's final phase lands, and the EU crypto map redraws Europe's Markets in Crypto-Assets regime is now fully in force. The July 1 deadline closing the last transition window has passed, so the grandfathering period that let unlicensed firms keep serving EU users is over. Exchanges and stablecoin issuers without a CASP authorization or the right passport now face a harder path into the bloc, while licensed players get a single rulebook across 30 EEA countries. The winners are firms that filed early and cleared national regulators. The losers are those still waiting on approval, plus any stablecoin that fails the reserve and disclosure tests. Source: The Block, published July 1. Watch how this reshapes protocol risk in our security scores.

Metaplanet keeps buying: 2,823 BTC added in Q2 Japan's Metaplanet added 2,823 bitcoin during the second quarter, spending $222 million at an average of $78,608 per coin. That lifts the company's stack to 43,000 BTC. The purchases kept coming even as bitcoin slid to a 21-month low before bouncing back above $60,000 this week. Corporate treasuries buying into weakness remains one of the steadier bids under the market, and Metaplanet is now among the largest public holders outside the United States. Source: The Block, published July 1.

Solana gets a native prediction market inside Phantom A Solana-based prediction market app has launched directly inside the Phantom wallet, putting event trading in front of one of the ecosystem's biggest retail user bases. "Prediction markets are one of the most powerful applications you can build on a high-performance blockchain," the Solana Foundation said. The timing tracks a broader surge in the category, with the largest venues clearing tens of billions in monthly volume. For Solana, embedding the app at the wallet layer lowers the friction that usually keeps casual users out. Source: The Block, published July 1. See where Solana yields sit today on our yields dashboard.

Symbiotic pivots from restaking to collateral markets Symbiotic shipped Core V2 and reframed itself as shared collateral infrastructure rather than a pure restaking layer. The new design lets a single pool of collateral back multiple DeFi use cases at once, including insurance, credit, and real-world assets. It is a bet that the next phase of yield is less about stacking staking rewards and more about making capital reusable across protocols. If it works, it changes how builders think about where security and yield actually come from. Source: The Block, published July 1.

Standard Chartered puts a $60 target on Morpho Standard Chartered turned bullish on Morpho, forecasting the lending protocol's token at $60 by 2030 and arguing it could outperform bitcoin over that stretch. The bank cited vault growth, rising TradFi adoption of on-chain credit, and a projected 37x expansion of the broader DeFi market. Bank price targets that far out deserve heavy discounting, but a major institution putting its name on a DeFi lending token is a signal about where traditional finance thinks yield infrastructure is heading. Source: The Block, published July 1.

June was a quieter month for exploits Crypto hack losses fell 7.1% in June to $75.9 million across 40 incidents, according to PeckShield. The $31 million Humanity Protocol exploit topped the list. A down month is welcome, but $76 million lost in 30 days is still the tax the space pays for immature security. This is exactly the risk our scoring tries to price before you deposit. Source: The Block, published July 1. Check protocol risk scores before chasing an APY.

Numbers

• BTC: $61,217 (+4.53%)
• SOL: $80.71 (+7.56%)
• ETH: $1,645.72 (+4.75%)
• Solana DeFi TVL: $4.93B
• Top USDC yield (Solana): Jupiter Lend at 5.25%

---

Explore all Solana yields → · Risk scores → · Follow @yieldwirexyz