News linked to both this project and an event.
According to official announcements, the on-chain burn for GateToken (GT) in the second quarter of 2026 has been officially completed. A total of 2,570,063.3829548 GT has been transferred to the burn address, with a destruction value exceeding $17.75 million.Since the launch of the Gate Chain mainnet in 2019, GT has implemented a continuous burning mechanism. To date, a cumulative total of 189,947,219 GT has been burned, with a total cumulative destruction value exceeding $1.311 billion (based on the quarterly average price). The total token supply has been significantly reduced by approximately 63.32% from the initial 300 million tokens.As the sole Gas token for the Gate Layer, GT's usage frequency continues to rise. As the underlying infrastructure, the Gate Layer provides high-performance network support for applications such as Gate Perp DEX, Gate Fun, Gate Meme Go, and Gate Swap. Furthermore, Gate is continuously enriching its product ecosystem. Gate Stocks has established a 7×24 hour trading service system covering the three core markets of US stocks, Hong Kong stocks, and Korean stocks, encompassing over 12,500 global stocks and ETF assets. It supports fractional share trading starting from as low as 0.01 shares and provides entitlements to stock dividends. The platform also supports cross-broker transfer of US and Hong Kong stocks, and facilitates corporate actions such as stock splits and reverse stock splits, further enhancing the stock investment service experience. Gate will persistently execute a long-term, stable GT burning mechanism to form a tighter positive cycle between the token's economic model, actual usage demand, and ecosystem expansion.
The PPP Prediction Market tool monitors that Polymarket has listed a new event: "Will the US government revoke public access to another major AI model?" The current probability is reported at 33%.The settlement rules state: If the US federal government, by the end of 2026, passes relevant legislation, issues an executive order, implements export controls, or takes any other action that substantially restricts US public access to a major AI model, the market outcome will be "Yes." Otherwise, the outcome will be "No." A "qualifying action" refers to a formal measure taken by the US government, the effect of which is equivalent to completely prohibiting the public from accessing a specific AI model within the United States. Furthermore, the settlement rules emphasize that regardless of the action's true purpose or nominal goal; if the action effectively results in the public being unable to access the model within the US—for example, prohibiting the model from being provided to foreign citizens or governments, as long as the general public cannot access the model through conventional channels within the US—it meets the qualification requirements. Merely excluding access to the model from a single channel is insufficient. Removals of public access that are not caused by any formal action of the US government are not eligible."Mainstream AI model" refers to the flagship, general-purpose large language model or multimodal foundation model developed by one of the following companies: OpenAI, Anthropic, Google (including Google DeepMind), Meta, xAI, Microsoft, Amazon, Mistral AI, DeepSeek, Alibaba, ByteDance, Moonshot AI, and Zhipu AI (Z.ai). Models designed for specific tasks, or those that are outdated, used solely for research or preview purposes, do not meet this criterion.The action can target a single model or a group of models, as long as at least one major AI model becomes inaccessible to the public within the US as a result. A temporary suspension of public access to a model meets this condition. However, if an action has been implemented or a related resolution has been issued, but the public can still access the model before the resolution takes effect, that action does not meet the condition.The information sources for this market are official announcements and information from the US government and the relevant AI companies. However, reliable media reports may also be referenced to form a consensus.The Odaily Seer Channel continues to monitor prediction markets, observing changes before prices are set.
according to a mid-year open letter from Bitget CEO Gracy Chen, the first half of 2026 witnessed significant structural changes in platform user behavior: the peak trading volume of non-crypto assets approached 40% of Bitget's overall trading volume; CFD daily trading volume exceeded $10 billion; 52% of users held both stocks and cryptocurrencies; and 35% held precious metals like gold. Cross-asset trading has become a mainstream habit.Gracy Chen pointed out that as a Universal Exchange (UEX), Bitget's core goal is not to build an "asset supermarket," but to reconstruct the underlying logic of how users participate in global markets around four core values: "asset efficiency, crypto-native experience, financial equality, and reducing burdens." On the business implementation front, Bitget has accelerated its layout through a dual-track approach combining tokenized stocks and direct stock connectivity, supporting 7×24 hour trading for multiple asset classes to break down the time zone and geographical barriers of traditional finance.Furthermore, as AI tools become more deeply integrated into execution, 51% of users utilized AI-driven trading tools in the first half of the year, and the number of AI trading users on the platform has exceeded one million.
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)
: Lorenzo Valente, ARK Invest's Director of Digital Asset Research, has questioned the stablecoin consortium project OpenUSD, expressing high skepticism about whether such consortium-style stablecoin initiatives can achieve scale. He believes that similar alliances have emerged multiple times before, including Diem and Global Dollar, but ultimately failed to form dominant network effects. Currently, the stablecoin market remains dominated by Tether and Circle, whose core advantages lie in strong network effects and instant liquidity. OpenUSD, however, may face a "cold start" problem, as its joint governance structure will severely slow down decision-making efficiency, making it prone to coordination failures under decentralized governance—resembling the governance dilemmas of DAO experiments: high collaboration costs, slow execution, and difficulty deploying capital efficiently.Furthermore, OpenUSD's economic model appears unsustainable for long-term operations. If it relies on a low-fee split mechanism, it will be unable to cover the costs of infrastructure, incentives, and market expansion.Lorenzo Valente concluded that OpenUSD resembles more of a "collection of letters of intent" than a unified product system with strong execution capabilities. He argued that in the long run, the more likely winners are single operators capable of rapid iteration and independent decision-making, rather than joint governance structures requiring multi-party consensus.
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.
: Cardano wallet service provider SecondFi has released an update on the security incident recovery progress, stating that EMURGO has established an asset recovery fund to return assets to users affected by the attack.SecondFi stated that emergency measures have been taken to protect and restore access to some assets. The team is currently discussing appropriate custody mechanisms with Intersect to ensure the safe return of assets to users.Furthermore, SecondFi is collaborating with a Cardano community-led working group to advance the on-chain recovery plan. Due to the recovery plan being more complex than initially expected, the overall recovery time may exceed the previously estimated two weeks.
Binance founder CZ stated that the company's MiCA license application in Greece fully met regulatory requirements before its withdrawal and was close to approval. However, the process was ultimately disrupted due to the intervention of "external political factors."In an interview, CZ mentioned that several countries within the EU had expressed interest in the license, with some even showing a degree of "competitive pursuit." Ultimately, the regulatory progress was affected by factors outside the regulatory sphere, forcing the withdrawal of the application. Binance formally withdrew its Greek application last week and stated it would pursue MiCA authorization in other EU member states. Addressing market rumors linking him to high-level EU political figures, CZ said he had not seen any verifiable documents and had only encountered similar claims online, which he could not confirm.CZ also noted that the MiCA transitional period in the EU is set to end on July 1st. After that date, platforms without a license must cease related services. National regulatory bodies have made it clear there will be no extensions. He described the outcome as a "lose-lose situation" and, citing the regulatory histories of Japan and Singapore, emphasized that compliance processes often require a longer cycle.Furthermore, when discussing Strategy's STRC preferred stock product, CZ described its structure as "too complex" and said he found it difficult to fully understand its mechanism. However, he stressed that he was not making a judgment on the credibility of its founder, Michael Saylor, whom he considers a "staunch Bitcoin supporter." (The Block)
according to official sources, OKX's "Flash Earn" product will list ROBO from 15:00 on July 3, 2026, to 15:00 on July 7, 2026 (UTC+8). During the event, users who participate by staking BTC, ETH, OKB, or ROBO can share a 20,000,000 ROBO airdrop reward. Users can access the event page via the OKX App — Explore — Flash Earn.Furthermore, this event adopts the Flash Earn user tier system. The staking cap for each cryptocurrency is determined by the user's tier, which is based on the higher of either the 30-day average net asset value or the 30-day trading volume. User Flash Earn tiers will be displayed on the Flash Earn page (Staking to Earn) starting July 3, offering staking limits that better align with user platform activity.
Ethereum Layer 2 project Taiko has released the latest update on a security incident, stating that this incident will not result in any user fund losses. Currently, bridged assets are under-collateralized, and the team will complete supplementary collateral for all assets before reopening the bridge, ensuring that each user's balance is supported on a 1:1 basis, identical to the state before the incident. Since the security incident occurred, cautious measures have been taken, including controlling the scope of impact, determining the root cause, and collaborating with the board to develop a plan to protect user assets.Furthermore, the CEO of Taiko has submitted a formal report to relevant authorities in Singapore, and the team will fully cooperate in tracing the responsible parties. Users are currently not required to take any action. The completed fix is now being tested, and Taiko will reopen the chain and bridge services as soon as it is deemed safe. Meanwhile, users are reminded to be vigilant against scams. The Taiko team will not proactively message users, and there are no claim or refund websites. Any links offering such services are fraudulent.
: According to official sources, Gate ETF will list SKHYNIX3L/USDT, SKHYNIX3S/USDT, SOXL3L/USDT, and SOXL3S/USDT trading pairs at 17:00 (UTC+8) on June 25. These pairs support 3x long/short for SKHYNIX (SK Hynix) and SOXL (Direxion Daily Semiconductor Bull 3X Shares ETF), respectively. Gate ETF currently supports trading in 362 tokens.Additionally, Gate ETF will launch an ETF New Listing Trading Challenge from 17:00 on June 25 to 17:00 on July 4 (UTC+8). Users who trade SKHYNIX3L/3S and SOXL3L/3S can share a reward pool of 50,000 USDT. Participants with a daily trading volume of ≥ 1,000 USDT can check in to randomly receive 20–100 USDT, with a cumulative maximum of 1,000 USDT. Users who trade a cumulative total of ≥ 3,000 USDT can also share an additional 30,000 USDT reward pool based on their trading volume proportion, with an individual cap of 200 USDT. Furthermore, inviting friends to participate in trading can win a maximum blind box reward of 500 USDT.
According to the mid-year crypto market report released by 21Shares, after Bitcoin peaks at approximately $126,000 in October 2025, the base target price for the end of 2026 is set at $100,000.The report shows that as of May 2026, the global crypto ETP assets under management stood at approximately $140 billion, with total holdings of 1.25 million BTC. Furthermore, prediction market trading volume reached $57.5 billion by the end of May; total value locked in DeFi remained around $140 billion; within the Ethereum Layer 2 ecosystem, Base, Arbitrum, and Optimism accounted for approximately 83% of total DeFi TVL; and the total value of tokenized assets on public blockchains reached $31 billion, including $15 billion in tokenized U.S. Treasury bonds. (The Block)
: The FAQs section of the Polymarket official documentation, under the question "Does Polymarket have a token?", is marked with "Updated Today". The latest content after the update, translated into Chinese, is as follows:All trading and liquidity rewards are denominated in pUSD, a standard ERC-20 token on the Polygon platform backed by USDC.Polymarket has not announced any plans for an airdrop or token distribution event. Please be cautious of scams claiming to be airdrops or giveaways. Furthermore, the platform has not disclosed any details regarding future potential projects, rewards, or eligibility criteria. We encourage users to focus on authentic interaction with the platform rather than relying on speculative information.
Gate has completed the upgrade of its prediction market World Cup section, further enhancing the prediction market experience within the tournament context. After upgrading the Gate App to version v8.25.0 or higher, users can enter the World Cup section with one click via a newly added entry on the homepage, quickly viewing match schedules, standings, popular prediction markets, and more, thereby improving the efficiency of tracking and participating in the tournament. This upgrade adds new sections such as historical champions, best players, and news, providing users with references on team historical records, player performance data, and World Cup hot topics. Simultaneously, a team subscription feature has been launched, allowing users to follow specific national teams or subscribe to all World Cup events with one click, to promptly obtain related match and prediction opportunities. The section also adds a page sharing function, making it convenient for users to share match details, leaderboards, and prediction market content.Furthermore, Gate has launched a World Cup-themed leaderboard to centrally showcase traders with outstanding prediction performance related to the World Cup. This is combined with a "Smart Money" feature to help users track the activities of high-win-rate traders. The platform has recently introduced a prediction market trial voucher mechanism, allowing users to experience prediction market trading at zero cost while retaining profit opportunities, further lowering the barrier to participation. Surrounding the World Cup events, Gate has also launched a series of activities such as "Green Pitch Prophet, World Cup Prediction Carnival" and "Gate Prediction Market × World Cup Daily Highlight Matches," releasing a prize pool of over 550,000 USDT. As the first centralized exchange to integrate with Polymarket, Gate continues to promote the deep integration of prediction markets and sports events, further enriching the application scenarios of prediction markets.
prediction market platform Polymarket has been accused of promoting its products on social media by paying creators to post videos featuring simulated trading and fake profits.According to the report, the creators used simulation sites that closely resemble Polymarket's actual website to produce trading videos. Some of the content showcased high returns that did not actually occur, and certain videos required approval from Polymarket before posting. Polymarket managed these influencer campaigns through the marketing firm Virality. Despite its services being restricted for US users, the promotional activities still appear to have been targeted at an American audience.Furthermore, the Wall Street Journal reported that Polymarket had a multi-million dollar promotional partnership with influencer Adin Ross to drive user engagement on the platform. Polymarket has not yet issued a public response to these allegations. (Wall Street Journal)
: Cross-chain protocol Axelar Network has issued a statement regarding the recent security incident related to Secret Network, clarifying that there is a misunderstanding within the community. Neither Axelar nor the Inter-Blockchain Communication Protocol (IBC) was attacked or compromised. The affected token smart contract was not developed, deployed, or maintained by Axelar. Furthermore, Axelar's firewall mechanism prevented the impact from spreading to other chains.It is reported that the exploited contract was a fork based on the CW20-ICS20 implementation, but the developers removed two core security checks, leading to an "infinite mint" vulnerability. By deleting the verification mechanisms originally designed to prevent such issues, this fork altered the contract's original trust model and was not subjected to a new security audit.Axelar Network explained that anyone can deploy contracts via IBC for wrapping cross-chain assets, and similar contracts are used to wrap tokens from other chains onto Secret Network. However, the specific fork on the Secret side in this incident contained a vulnerability due to the removal of critical security checks. This incident was not caused by an inherent logic flaw or an issue with the IBC protocol itself, but rather a security risk introduced by modifications made to the third-party contract.
Gate’s Hong Kong stock trading targets have further expanded to over 1,500 stocks, building on the original base of more than 1,000 to continuously enrich the coverage of assets listed on the Hong Kong Stock Exchange, aiming to improve access to global stock markets. Users can directly trade stocks listed on the Hong Kong Stock Exchange through the stock entry point, participate in pre-market and after-hours trading sessions, and conveniently invest in Hong Kong stocks using USDT, without needing to open a traditional brokerage account or perform Hong Kong dollar conversion, significantly lowering the entry barrier for global investors. Gate’s Hong Kong stock trading service now offers comprehensive coverage across both the App and Web platforms, with the Gate App requiring an update to version 8.23.5 or higher.This expansion of trading targets covers high-quality listed companies with larger market capitalizations and better liquidity on the Main Board and GEM, thereby improving the structure of Hong Kong stock assets. Simultaneously, Gate has established a multi-tiered product system encompassing Pre-IPOs, IPO Access, and secondary stock market trading. IPO Access provides users with a new channel to participate in the subscription of globally popular companies going public. Furthermore, Gate Stocks supports users in trading over 10,000 US mainstream market stocks and ETFs using USDT, covering major US securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS. It also supports fractional share trading with a minimum investment of 0.01 shares. In the future, the platform will continuously expand its coverage of global stocks and traditional financial assets, optimizing asset allocation efficiency and the trading experience.
Anthropic has officially announced the opening of its Seoul office, while simultaneously unveiling a series of collaborative developments in South Korea's AI ecosystem. These collaborations span large enterprises, startups, developer communities, and research institutions, accelerating the enterprise-level expansion of its model, Claude, in the Asian market.It is reported that companies such as LG CNS, Hanwha Solutions, and Samsung SDS are integrating Claude into their internal workflows and software development systems. Anthropic will also collaborate with the National AI Research Laboratory (NAIRL) of Korea and non-profit organizations. Furthermore, the newly established Seoul office will serve as a long-term operational and talent recruitment hub for the Asian region.
Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)
The Bank of Japan (BOJ) stated that, at today’s monetary policy meeting, the BOJ’s Policy Board reviewed developments and operations in the Japanese government bond (JGB) market and discussed future guidelines for JGB purchases. In principle, long-term interest rates should be determined by financial markets; therefore, it is appropriate for the central bank to conduct JGB purchases in a predictable manner while retaining sufficient flexibility to support JGB market stability. Based on this approach, and to improve the efficiency and stability of the JGB market, the BOJ decided—by a vote of 7 to 1—to implement the following measures: Starting now through March 2027, the BOJ will reduce its monthly JGB purchase target by approximately ¥200 billion per natural quarter, in principle. From April 2027 onward, its monthly JGB purchase target will be maintained at approximately ¥2 trillion. Should long-term interest rates rise rapidly, the BOJ will respond flexibly—for example, by increasing the scale of JGB purchases or conducting fixed-rate JGB purchase operations (both of which are exempt from the monthly JGB purchase target), as well as conducting funding operations against pooled collateral. Furthermore, the BOJ will no longer conduct mid-term reviews of its direct JGB purchase program. However, the BOJ stands ready to adjust the pace of JGB purchases at future monetary policy meetings, as deemed necessary, based on the fundamental principles guiding JGB purchases and other factors—including developments in the JGB market. (Jinshi)