News linked to both this project and an event.
Odaily Odaily Reports: Blockchain oracle and market data provider Pyth Network has announced the launch of continuous price indices for U.S. stocks and commodities, aiming to support around-the-clock trading products in the crypto market. The initial coverage includes U.S. stocks such as Nvidia, Tesla, Apple, Circle, and Strategy, as well as commodities like gold, silver, WTI crude oil, and Brent crude oil.It is reported that Coinbase, Kraken, dYdX, and Nado have been the first to integrate these indices to build new trading markets. This pricing system can provide continuous reference prices for perpetual contracts, tokenized assets, prediction markets, derivatives settlement, and ETF benchmarks, even updating data during traditional exchange closures.Additionally, Pyth is collaborating with MarketVector (a VanEck-owned index provider) to develop sector index futures covering themes such as artificial intelligence, defense, and technology. (Cointelegraph)
the "Transparency Alliance," initiated by Blockworks, has been officially established, garnering support from over 40 crypto enterprises including Coinbase, Kraken, and Binance.US. The alliance aims to jointly develop unified token information disclosure standards to enhance market transparency and attract institutional capital. Based on Blockworks' Token Transparency Framework, the alliance seeks to establish a standardized information disclosure mechanism for crypto assets, similar to that of the stock market, enabling investors to gain a clearer understanding of token structures and risks.Reportedly, the framework covers details such as token issuance structure, internal holdings allocation, market maker arrangements, exchange listing terms, and repurchase mechanisms. It distinguishes between two types of document systems: "one-time pre-issuance disclosure" and "ongoing update disclosure." To date, 44 projects, including Morpho, Jupiter, Spark, and dYdX, have completed the relevant filings.Industry insiders point out that this initiative aims to establish a unified information infrastructure for the crypto market to meet institutional investors' demands for transparency and compliance. Blockworks stated that it has communicated with relevant personnel from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Analysts believe that this alliance signifies the crypto industry is accelerating its shift towards an "institutionalized information disclosure system." However, its ultimate impact will depend on whether the market translates these disclosure standards into widespread industry consensus. (CoinDesk)
According to the voting results of the dYdX Foundation governance proposal, the markets for four trading pairs—AKT-USD, GNO-USD, MNRY-USD, and MOG-USD—have been approved for delisting. A total of 16 out of 31 active validators and 124 accounts participated in this governance vote, with an overall voter turnout of 46.86%. Among the votes, 90.96% supported the delisting proposal, 0% opposed it, and 9.04% abstained. The proposal ultimately passed successfully.
The Securities and Exchange Commission (SEC) of the Philippines has issued an investor alert warning the public against investing on seven cryptocurrency trading platforms: dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, and Ostium. The SEC stated that these platforms are not registered with the Commission and have not obtained the necessary authorizations required under the Crypto Asset Service Provider (CASP) framework. The SEC also warned that individuals promoting these platforms within the Philippines may face criminal liability, including fines of up to PHP 5,000,000 (approximately USD 89,000) or imprisonment for up to 21 years.