News linked to this event type.
According to people familiar with the matter, Beijing OceanBase Technology Co., Ltd. (OceanBase) is in talks with investors and plans to conduct a Series A financing round, raising approximately 2 billion to 3 billion yuan (approximately $295 million to $443 million). The financing aims to enhance the company's independent operational capabilities and provide financial support for its expansion into the AI database service sector.
Odaily reports, according to on-chain analyst Ember CN, SK Hynix released its Q2 earnings report this morning, with both sales and profits falling short of expectations. SK Hynix fell by 8% yesterday and dropped another 10% today. The largest SK Hynix short holder on Hyperliquid has seen unrealized profits on their short position reach $9.56 million.
Bitget releases the rToken Institutional Cross-Asset Capital Management Guide, detailing how market makers, hedge funds, quantitative trading firms, prime brokers, and asset management companies can utilize its Unified Trading Account (UTA) to enhance capital efficiency between cryptocurrencies and tokenized US stocks. The guide focuses on portfolio construction and financing strategies, covering core trading scenarios such as cross-asset collateralization, dividend arbitrage, and lending structures that balance capital efficiency with risk isolation, providing a practical framework for institutions to optimize multi-asset allocation. Currently, Bitget's Unified Trading Account (UTA) supports over 370 collateralizable assets, including 105 tokenized US stocks. Eligible crypto assets and tokenized stocks can enter the same margin system, sharing collateral and offsetting margin requirements, helping institutions reduce idle funds scattered across exchange and brokerage accounts. Bitget CEO Gracy Chen stated that institutions do not lack access to the stock market; the real challenge lies in how to make capital operate efficiently between different markets. As tokenized assets gradually enter institutional portfolios, managing crypto assets and tokenized stocks under a unified framework will provide more possibilities for risk management and asset allocation.
Meta CEO Mark Zuckerberg published a public article titled "The AI Future Is for Everyone" in The Wall Street Journal, outlining his philosophy on the development of superintelligence and advocating that future AI should broadly empower individuals rather than be centrally controlled by a few institutions.
BlackRock、Fidelity 等华尔街机构公开支持《Clarity Act》加密监管法案，但 JPMorgan 与 Coinbase 在稳定币条款上存在分歧，参议院休会前立法时间紧迫。
Robinhood CEO Vlad Tenev stated that his X account was compromised last week. Attackers deceived X customer support through social engineering tactics, bypassing security measures such as two-factor authentication and login alerts, and posted false content related to meme coins. Subsequently, the X security team assisted in swiftly removing the relevant posts and restored account access on the same day.
According to Cointelegraph, 10 European financial institutions have jointly launched the blockchain cooperative Regulated Layer One (RL1), which has commenced operations in Luxembourg as a European cooperative society. The network targets regulated financial markets, focusing on supporting institutional-grade applications such as digital currencies, tokenized bonds, collateral, and on-chain settlement.
Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.
Cash Cat has announced the launch of its meme coin launchpad, letscash.fun. The project team stated that the platform originated from the community's demand for a fair launch mechanism following the listing of Robinhood Crypto, and was driven by community development.Cash Cat indicated that the platform operates in two modes: In Creator Mode, 70% of tokens go to the creator and 30% to the protocol; in Self-Destruct Mode, similarly, 70% is used to buy and burn tokens. The 30% obtained by the protocol will be used to burn cash-cat:native, increase treasury funds, and support development.The platform is powered by Uniswap v4, employing a permissionless, decentralized mechanism that is immutable after deployment. It is currently undergoing its final security review by Hyacinth Audits and SB Security.
134 officials and executives from U.S. banking associations and banks are urging the Senate to amend Section 10404 of the CLARITY Act before its final passage, in order to strengthen restrictions on the payment of interest and returns on payment stablecoins. The banking representatives hope lawmakers will broaden the scope of these restrictions, preventing companies from providing similar economic benefits for holding stablecoins through rewards, incentives, or other arrangements. They argue that if stablecoins can attract and retain balances through interest-like rewards, the funding base supporting local loans could be weakened by hundreds of billions of dollars. The letter asserts that deposits form the foundation for lending to families, small businesses, farmers, and local employers. The signatories state that clear rules would allow payment stablecoins to develop while preserving access to funding that supports community lending.
Odaily News: Eric Richmond, the new CEO of Coinbase Canada, stated that the exchange aims to provide Canadian users with the same advanced crypto products available in the U.S. market, including derivatives, DeFi services, and tokenized assets. Eric Richmond noted that Canada needs to transition from case-by-case exemptions to a dedicated and coordinated national digital asset regulatory framework to support more complex products. Canada was an early adopter of spot crypto ETFs and has already passed the "Stablecoin Act." He pointed out that, compared to the United States, Canada’s regulatory guidance is progressing more slowly and is more fragmented, which is delaying Canadian retail investors' access to higher-yield lending, broader futures trading, and similar products.
on Polymarket, Apple has around a 79% probability of becoming the world's most valuable company by the end of July, while Nvidia's probability has dropped to approximately 22%. The cumulative trading volume for this prediction market is about $4.7 million. At Tuesday's close, Apple's market cap was approximately $4.995 trillion, and Nvidia's market cap stood at about $4.768 trillion, giving Apple a lead of roughly $227 billion. This contract will be settled based on the market caps of the two companies at the close of trading on July 31. Apple is scheduled to release its third fiscal quarter earnings on July 30 at 5 PM Eastern Time. Nvidia's latest fiscal quarter saw data center revenue grow by 75% to $62.3 billion.
payment company Visa has announced its fiscal third-quarter 2025 revenue of $11.6 billion, a 14% year-over-year increase, driven by double-digit growth in payments volume, cross-border transaction volume, and processed transactions. The company stated that cross-border transaction volume grew 13% year-over-year, or 12% excluding intra-European transactions, while processed transactions increased by 10%. During the earnings call, Visa indicated it is investing in multiple layers of the stablecoin ecosystem, covering blockchain, issuance, wallets, infrastructure, orchestration, and applications. The company noted that during the quarter, it made progress in both the issuance and application layers. Visa has joined the OpenStandard Alliance, which plans to issue an OpenUSD stablecoin for global fund flows. Visa's stablecoin platform aims to support partners in settling with Visa using stablecoins, providing on-chain wallet-as-a-service infrastructure, and facilitating fund transfers between fiat currencies and stablecoins, initially starting with OpenUSD. The platform will also integrate with Pismo to support tokenized deposits for financial institutions and plans to add third-party tokenized deposit infrastructure providers in the future. Visa also stated that stablecoins and AI are complementary technologies, and that agentic commerce will expand its addressable market and drive future growth.
Odaily News: BitcoinTreasuries.NET posted on X platform that Metaplanet's DylanLeclair stated the market did not notice Saylor selling 3,500 Bitcoin until Strategy MSTR released its disclosure document. He also noted that looking back in the future, this will be one of the reasons for STRK’s strong trading performance. Strategy did not issue new shares, and dividends are still being paid.
Fox Business crypto journalist posted on X that former NCUA Chairman Rodney Hood stated last week that credit unions play an important role in modernizing the financial system. A few days later, AmericasCUs, along with credit union leagues in all 50 U.S. states, supported the vast majority of the Clarity Act. However, they echoed the banking industry's concerns regarding the bill's stablecoin yield provisions, urging senators to strengthen the language. These groups believe that the current Tillis-Alsobrooks compromise could still allow for "functionally passive" reward structures, potentially causing deposits to flow out of local credit unions.
: Tokenized asset issuer Ondo Finance has abandoned its traditional Layer 1 blockchain plan and instead launched the Ondo Network. The platform is positioned as a trading network tailored to institutional needs, designed to support private, high-speed trade execution. The network's first application, Ondo Perps, will allow users to trade perpetual futures using tokenized assets as collateral, separating fast, private trade execution from public chain settlement. Ondo Finance has already issued tokenized U.S. Treasury bonds and stocks, and is advancing broader trading infrastructure development against the backdrop of rising Wall Street interest in tokenization and 24/7 markets.
Odaily News Emirates has launched Crypto.com Pay on its website and mobile application. Eligible UAE residents can now use this service to pay for flight bookings priced and settled in UAE Dirhams. Transactions are processed through the Crypto.com Dubai entity and comply with UAE regulatory requirements. This feature fulfills the Memorandum of Understanding signed between Emirates and Crypto.com in July 2025. Users booking through the Emirates App will be redirected to the Crypto.com App for payment authorization, while desktop users can select Crypto.com Pay at checkout and scan a QR code to complete the payment. The Crypto.com Dubai entity, which serves as the payment infrastructure provider, holds a Stored Value Facility license from the Central Bank of the UAE and operates under the relevant framework. This service is currently limited to eligible UAE residents only. Emirates has not yet announced a launch plan for international customers, foreign currencies, or markets outside the UAE.
Bitcoin News posted on platform X, stating that Australian brewery Hawkesbury Brewing Co has integrated 16 Bitcoin miners into its brewing operations. By submerging the miners in non-conductive liquid and capturing the waste heat, the system harnesses this energy for the brewing process pipeline, supporting the production of 100,000 liters of beer per month.
Odaily Ethereum co-founder Vitalik Buterin has published a new article introducing Diamond iO, a novel cryptographic obfuscation technique. This technology aims to address the extreme inefficiency of traditional indistinguishability obfuscation (iO) schemes, allowing programs to execute while hiding their internal logic and critical data. Traditional iO technology offers privacy protection but at a high computational cost. Diamond iO, by adopting more aggressive new cryptographic assumptions, improves computational efficiency from "cosmological time" to "planetary time," bringing it closer to practical application. Diamond iO is built on technologies such as Attribute-Based Encryption (ABE) and Fully Homomorphic Encryption (FHE). It encrypts programs, enabling users to execute the encrypted program and obtain correct outputs without viewing its internal code or hidden keys. This scheme introduces a new input encoding mechanism and conditional decryption method, reducing computational complexity while ensuring program logic is hidden. Its core application scenarios include protecting programs containing private keys, enabling secure software licensing, building trustless cryptographic services, and supporting blockchain and AI systems with stronger privacy guarantees.Diamond iO is still in its early research stages. Its security depends on novel cryptographic assumptions, including All-Product LWE and Evasive LWE, which require further research and validation. At the same time, the technology still faces efficiency challenges such as high computational overhead and circuit depth limitations. Researchers believe that by optimizing underlying hash functions, improving homomorphic encryption schemes, and reducing security parameter requirements, Diamond iO has the potential to become an important direction for advancing practical program obfuscation technology in the future.
: Crypto exchange Kraken has opened subscription for Jersey Mike's planned IPO to retail investors. Eligible U.S. users can apply to subscribe to book-entry shares at the IPO price, while users in over 110 countries and regions can apply for tokenized stock JMKEx. JMKEx is backed 1:1 by the underlying stock and custodied with regulated institutions. Allocation results are determined by the IPO underwriters, and a successful allocation is not guaranteed; after the IPO completion, JMKEx will be tradable on Kraken and participating xStocks Alliance platforms 24 hours a day, 5 days a week. Kraken stated that the tokenized stock can be transferred between platforms participating in the xStocks Alliance, on-chained, and accessed via compatible decentralized finance applications. Jersey Mike's is a U.S. sandwich chain brand with over 3,300 stores. Its expected IPO price is between $21 and $25 per share, and it will be listed on the New York Stock Exchange under the ticker JMKE.