News linked to both this project and an event.
Kraken has begun allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading, enabling them to open leveraged positions without selling their existing holdings.The initial offering includes 10 tokenized stocks and ETFs, featuring Apple, Nvidia, Tesla, Strategy, SPDR S&P 500 ETF, and Invesco QQQ Trust. This feature is currently only available to eligible users outside the United States.Kraken has also set collateral limits for different assets, with a maximum collateral value of $1 million for large-cap ETFs, $250,000 for most individual stocks, and $100,000 for tokenized gold and Circle stock. The platform stated that collateral limits and haircut rates will be reviewed periodically and may be adjusted based on market conditions. (Cointelegraph)
Odaily News: Fox Business crypto reporter posted on X platform, stating that the Major County Sheriffs of America has shifted to a "neutral" stance on the Clarity Act after recent ongoing discussions around parts of Section 604, i.e., the Blockchain Regulatory Certainty Act. In a letter to leaders of the Senate Banking Committee, MCSA stated that based on its continued review of the bill, there remains an opportunity to further strengthen the legislation in a manner that supports responsible innovation and the practical needs of state and local law enforcement.
DeSci protocol Bio Protocol has announced the launch of OpenLabs, positioning it as a coordination layer for human-agent collaboration in scientific research, aimed at transforming scientific ideas into funded execution projects. OpenLabs comprises five interconnected layers: Posts & Discovery, Projects, Agent Collaboration, Web3 Incentive Layer, and a Bounty System. Regarding incentives, OpenLabs plans to adopt a USDC yield-based funding mechanism to finance agent reasoning and tool usage. Users can deposit USDC and select projects to support; funds are allocated to audited yield vaults such as Morpho and Aave. The generated yield flows to projects for computation, queries, and simulations, while the principal assumes no risk. When a project reaches the stage requiring real capital, it can issue tokens via the Bio launchpad or pursue private fundraising and follow the traditional biotech path.
Bitget CFD has launched the tiered margin rate feature, applicable to all CFD trading instruments including forex, precious metals, stock indices, and commodities. After this feature goes live, the margin occupied by CFD instruments will be calculated in tiers based on the size of the notional exposure of account positions. The larger the exposure, the higher the corresponding margin rate.
According to the official announcement, Huobi HTX listed CATSTOCK/USDT, TXN/USDT, FLEX/USDT, TER/USDT, and BOT/USDT perpetual contracts on July 3, with up to 10x leverage. Meanwhile, Huobi HTX launched the CATSTOCK, TXN, FLEX, TER, and BOT contract trading competition from 15:00 on July 3 to 15:00 on July 10 (UTC+8), with a total prize pool of up to $20,000. During the event, users who complete registration and participate in contract trading of the event tokens with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on trading volume ranking; new contract users who complete contract trading of the event tokens will also receive exclusive benefits.
Odaily Planet Daily reported that Galaxy stated on X platform that many Registered Investment Advisors (RIAs) face difficulties in responding to client demands for allocating funds to DeFi while meeting compliance requirements under the U.S. SEC's Custody Rule. The current rule requires client assets to be held with a Qualified Custodian (QC), effectively excluding the self-custody path and making it difficult for traditional financial accounts to directly participate in DeFi strategies.In practice, however, the technical compatibility and compliance integration costs between custodians and new public chains, tokens, and DeFi protocols are high. Most custodians also lack the capability to support DeFi interactions, resulting in a persistent "compliance infrastructure gap." Meanwhile, fiduciary duties require RIAs to not simply exclude client demand for DeFi exposure, placing institutions in a structural conflict between compliance and investment intent.Galaxy believes that a potential future solution lies in establishing a principles-based regulatory framework, including MPC key management, governance controls, third-party audits, on-chain transparency, and rigorous protocol due diligence mechanisms. This approach would aim to unlock on-chain asset allocation capabilities without weakening regulatory objectives.
According to the official announcement, Huobi HTX listed the KIOXIA/USDT perpetual contract on July 2, with a maximum leverage of 10x. Additionally, Huobi HTX launched the KIOXIA contract trading competition from 15:00 on July 2 to 15:00 on July 9 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in KIOXIA/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on trading volume ranking; new contract users who complete KIOXIA/USDT contract trading will also receive exclusive benefits.
Yooldo posted on X platform, issuing an official statement regarding the significant price drop of the ESPORTS token on May 25th. The incident was not initiated, led, or intentionally caused by the ESPORTS team, which remains committed to building a healthy ecosystem and creating long-term value for the community.The key findings of the investigation are as follows: The ESPORTS team had previously onboarded external OTC and market-making partners to support liquidity and ecosystem development; the investigation found that one of these partners engaged in activities inconsistent with the team's agreed terms; based on available information, the team believes a large portion of the sell-off activity originated from tokens previously provided to this partner. However, due to the flow of transactions through multiple wallets, counterparties, and exchanges, tracing the complete fund flow is difficult; the ESPORTS team did not execute, coordinate, or instruct any market sell-offs intended to cause the price decline. Upon discovering the issue, the team cooperated with exchanges and relevant parties to investigate the incident and limit further damage; the team has begun implementing recovery measures, including liquidity support and onboarding new long-term partners, but still faces challenges from ongoing selling pressure by the market maker and related market activities.Yooldo also stated that new game updates and an additional buyback plan will be announced soon, and advised all project founders to only work with reputable and trustworthy market makers.
Sui has announced the mainnet upgrade to version V1.74.1, with the protocol simultaneously upgraded to version 128. The key highlights of this upgrade include: support for zero-gas stablecoin transfer transaction simulation, facilitating developers in testing related applications; the mainnet has officially adopted a timestamp-based Epoch termination mechanism, further optimizing network operational efficiency; the addition of static code checking functionality for Move, helping developers improve code quality; and optimization of validator node connection mechanisms and node restart stability, reducing abnormal crash incidents. Additionally, this upgrade has enhanced range proof verification, cryptographic operation performance, and protocol mechanisms related to Binary Pools, providing support for future feature expansion.
PPP Prediction Market Tool monitoring shows that Polymarket's probability of "GPT-5.6 to be released to the public on July 7" has risen to 64%, up 26% in 24 hours.The rules state that a model explicitly named "GPT-5.6," or a model officially recognized as the direct successor to GPT-5.5 (such as GPT-5.7, GPT-5.8, etc.), will meet the settlement conditions. Task-specific models like GPT-Codex and Transcribe, cost-optimized versions such as Nano and Mini, and the o-series reasoning models are all included in this market. However, GPT-6 or other next-generation flagship models are not counted.Additionally, qualified models must be open to the public, including public beta or open waitlists; closed testing or private access only will not meet the requirements. The final settlement will primarily be based on OpenAI's official announcements and public information on its official website, and will be verified with mainstream media reports.On June 27, OpenAI launched the next-generation GPT-5.6 series of models, currently offering a limited preview to a select group of partners.Odaily Seer Channel continues to follow the prediction market, seeing changes before pricing.
Odaily, Cardano wallet service provider SecondFi has launched an asset recovery wallet check tool, allowing users to preliminarily check whether their relevant wallets have been affected by the previous security incident.SecondFi stated that the addresses currently displayed in the tool are based on the team's preliminary review data of the security incident and are not final. The list may not be complete and does not represent the final scope of recovery.
According to TechFlow Research, Morgan Stanley released an Internet Tracking Report, noting that Google and Meta's nominal EV/EBITDA multiples appear inexpensive (GOOGL 16.1x, META 8.9x), but after adjusting for stock-based compensation accounting treatment, the true multiple rises from 16.3x to 31.1x (+91%), still lower than the five-year average of 31.6x, implying that the true valuation of internet giants is undervalued by the market by more than 30%.
According to CoinDesk, Wall Street bank Cantor Fitzgerald issued a research report indicating that the crypto market is entering the final phase of the current bear cycle. As of June 10, Bitcoin has declined approximately 51% from its 2025 peak, with 252 days having passed since the peak. Synthesizing the past three market cycles, BTC bottoms on average 384 days after the peak; based on this, the low point of this cycle is projected to appear around the end of October. Analysts also noted that the model is not a precise timing tool, and macro, regulatory, and geopolitical risks remain. Regarding network value assessment, Cantor believes Hyperliquid is the prime example of fee-driven token economics, Bitcoin remains the benchmark monetary asset, and Ethereum serves as the primary collateral layer for on-chain finance; Solana, Sui, XRP, and Zcash each possess differentiated advantages, but still need to prove that their ecosystem growth can translate into sustained token demand.
Robinhood has announced the official launch of the public mainnet for its proprietary Layer 2 network, Robinhood Chain. Built on the Arbitrum technology stack, the chain is positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).Robinhood Chain's launch partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Among them, Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.Eligible users can trade tokenized stocks 24/7 on Robinhood Chain. Simultaneously, Robinhood Earn will introduce USDG-based decentralized lending products within the main app. In certain jurisdictions, the new version of Robinhood Wallet will also support access to Lighter's perpetual contract trading.Robinhood also announced the expansion of its European perpetual contract product range, its official entry into the Canadian market, and the acquisition of a Singapore Capital Markets Services license. Furthermore, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.Robinhood stated that this update represents its most ambitious global expansion and product vision to date, with the goal of establishing a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)
Robinhood has launched the public mainnet of its Layer 2 blockchain, Robinhood Chain, enabling tokenized stock trading in over 120 countries. It also introduced a decentralized lending product, Robinhood Earn, which offers approximately 7% yield based on USDG. Robinhood is expanding from its brokerage business into cryptocurrency, tokenized assets, and AI-driven trading.
Odaily, Solana-based fully on-chain prediction market World.xyz has now launched on Phantom wallet and its official website. The platform allows users to trade contracts on events such as cryptocurrency prices and the 2026 FIFA World Cup, adopting Chainlink as its primary oracle infrastructure for market data.World.xyz is a non-custodial prediction market, utilizing Phantom's stablecoin for settlement. (coindesk)
Gate, a leading global crypto trading platform, has officially launched stock transfer-in and transfer-out functions, supporting cross-broker transfers for US and Hong Kong stock assets. Users can transfer their holdings from external brokers into Gate, or transfer their Gate stock account assets to other brokers. Gate does not charge any fees for transfers in or out. This service uses the FOP transfer method, with US stocks processed through the DTC system and Hong Kong stocks processed through the CCASS system. Users can experience this by updating the Gate App to version v8.26.0 or higher. Currently, this feature is being rolled out gradually, and users can follow subsequent version update information.To celebrate the launch of the stock transfer function, Gate is simultaneously running a "Stock Transfer Bonus" event. Users who register between July 1, 2026, and July 7, 2026, and submit a transfer-in application during the event period to successfully transfer US or Hong Kong stocks held by external brokers into their Gate stock account, with the total market value of the transferred assets reaching 3,000 USDT equivalent or more, will be eligible for a cash subsidy based on the valid transfer fee voucher from the original broker and a VIP upgrade benefit. The maximum subsidy for US stocks is 15,000 USDT, for Hong Kong stocks it is 6,000 USDT, and the VIP level can be upgraded up to VIP 9.Gate Stock has formed a 7×24-hour trading service system covering the three core markets of US stocks, Hong Kong stocks, and South Korean stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, and over 1,000 South Korean stocks, collectively covering more than 12,500 global stocks and ETF assets. Users can use USDT from their unified Gate account to participate in global stock investments in one go, supporting fractional share trading starting from a minimum of 0.01 shares. Furthermore, Gate Stock has achieved comprehensive coverage on both the App and Web platforms, helping users achieve one-stop allocation and management of digital assets and global securities assets.
Nasdaq-listed Bitcoin treasury company Empery Digital has announced the signing of a definitive cooperation agreement with Hunt Properties, investing $65 million to acquire a 25% equity stake in a new project entity. This entity plans to acquire and repurpose industrial厂房 in the U.S. Midwest to build a professional AI data center.The two parties have established a long-term strategic partnership to jointly develop computing power assets, advance AI and high-performance computing (HPC) infrastructure expansion, and integrate advantages in power supply, grid access, and capital market financing. Simultaneously, Empery Digital announced it will cease its previous public data disclosures based on Bitcoin holdings net asset value (NAV). The company explained that its current asset structure can no longer be measured solely by Bitcoin holdings and will focus on growth opportunities in AI computing power and energy infrastructure, diversifying into physical computing power operations. (Businesswire)
zero-knowledge scaling company StarkWare has released a Starknet quantum resistance roadmap, stating that the roadmap is divided into three phases to address the risk of future quantum computing attacks. StarkWare CEO Eli Ben-Sasson stated that Starknet can leverage its architectural advantages to achieve quantum resistance, as its underlying cryptography is based on zero-knowledge STARK proofs. According to reports, the first phase of the roadmap includes replacing part of the existing secure mathematical mechanism, Pedersen hash, with a quantum-resistant version, and adding quantum-resistant signatures; the second phase focuses on migration tools, upgrading existing smart contracts without requiring developers to manually rebuild applications; the third phase involves dependencies that Starknet cannot solve alone, primarily relying on Ethereum's quantum upgrade roadmap. Circle, Ethereum, Solana, Tezos, and Algorand have all proposed quantum resistance roadmaps. (Cointelegraph)
NYLIM, the investment management arm of New York Life, has partnered with RWA infrastructure provider Centrifuge to launch a tokenized fund named NYLIM Anemoy U.S. High Yield Corporate Bond Segregated Portfolio, under the ticker HYB.This fund marks New York Life's first tokenized financial product and is one of the few on-chain products in the market focusing on high-yield corporate bonds. The fund is listed on the Centrifuge platform, with subscriptions and redemptions settled exclusively in USDC stablecoins issued by Circle. The underlying bond assets are managed solely by NYLIM, while Centrifuge provides tokenization technology and the BVI segregated portfolio structure. Investors, as shareholders, retain recourse rights to the underlying assets.The product is currently not available to U.S. investors, targeting stablecoin issuers, DeFi participants, and DAO treasuries seeking yield-generating opportunities. Centrifuge generates service fees based on assets under management to sustain operations, and the business continues to expand. (TheBlock)