News linked to both this project and an event.
According to BIT Official Chinese (@BITofficial_CN) analysis, the current crypto market faces dual pressure from the Federal Reserve's hawkish stance and the slowed progress of the CLARITY Act. Federal Reserve Chair Kevin Warsh maintains a hawkish stance; the 2-year US Treasury yield has risen cumulatively by approximately 35 basis points since late January, and the Committee has seen a pattern of 9 votes to maintain interest rates and 3 votes supporting rate hikes. Regarding the CLARITY Act, prediction markets indicate a mere 32% probability of it being signed by the end of 2026, with the legislative window continuing to narrow. Meanwhile, crypto market trading volume has retreated 80% from highs, total market cap has fallen approximately 50%, and USDT and USDC have shown no significant expansion since November 2025, reflecting an overall lack of new USD liquidity in the market. Despite this, Bitcoin remains within the $62,000 to $66,000 range, correcting only about 3% over the past week. It demonstrates stronger resilience compared to most altcoins, reflecting that active position adjustment pressure has been largely released. BIT points out that if Bitcoin subsequently regains $70,000 and drives multiple indicators to turn bullish, it will further confirm that the low point of this cycle has been established.
According to e27, in the first seven months of 2026, Malaysia intensively introduced six major technology-related laws, covering full-stack regulation of AI, cryptocurrency, and digital platforms. Key developments include: The "Online Safety Act" (ONSA) took effect on January 1, implementing mandatory licensing for platforms with more than 8 million Malaysian users; The "Cybercrime Bill" was passed on July 1, classifying deepfakes and AI-generated intimate images as criminal offenses, with a maximum penalty of seven years imprisonment and a fine of 500,000 ringgit; The "Competition Act Amendment" brings digital platforms within the scope of anti-monopoly regulation; The "AI Governance Act" is open for public consultation, proposing to include AI training data and output content under intellectual property protection, a first for ASEAN; The Securities Commission's Digital Asset Guidelines tightened compliance requirements for DAX operators on May 20, with six licensed exchanges currently; The "Consumer Credit Act" formally brought BNPL service providers under regulation starting March 1.
MEXC, in collaboration with CoinGecko, has released the latest report "How Crypto Exchanges Are Reshaping Traditional Asset Trading," which provides an in-depth analysis of the rapid expansion of traditional financial assets on centralized crypto exchanges and the shift in global investor behavior.Key findings of the report:1. The TradFi (Traditional Finance) trading volume of six major centralized exchanges surged from $3.46 billion in January 2025 to $393.15 billion in June 2026, representing a growth of over 100 times. Among this, perpetual contracts accounted for 98.5% of the total trading volume in June 2026.2. In June 2026, US equities surpassed precious metals to become the largest TradFi asset class, with monthly trading volume increasing by 337.4% to $189.84 billion, capturing a 48.3% market share. Meanwhile, precious metals trading volume decreased by 48.2% from its March peak, falling to $122.59 billion.3. MEXC's TradFi monthly trading volume grew approximately 59 times, rising from $1.54 billion in November 2025 to $91.12 billion in May 2026. Between January and May 2026, MEXC maintained the second-largest market share among the six exchanges for five consecutive months.4. In precious metals trading, MEXC ranked first among the six exchanges for two consecutive months, with trading volumes reaching $72.12 billion and $85.15 billion in April and May 2026, respectively.5. Among native crypto users, 61.9% have begun trading traditional assets through crypto exchanges.6. Among users with traditional finance experience, 74.2% have transferred some or all of their traditional asset trading to crypto exchanges.7. Across all respondents, 83.3% indicated plans to further increase their scale of trading traditional assets on crypto exchanges.
Odaily News: Ethereum Layer 2 network Taiko released a post-mortem of the June 21 security incident, stating that the attack resulted from an off-chain signature key leak and a verification process gap. The attacker exploited these to forge proofs and bypass the Prover whitelist, rather than breaking ZK cryptography or smart contracts. The attacker stole approximately $1.75 million from cross-chain bridges and Vaults, but over $11 million in assets were protected, and no user funds were lost. Taiko has fixed the vulnerability, restored the pre-attack state, and resumed operation on July 2; an OpenZeppelin audit confirmed the fixes with no high, medium, or low-risk vulnerabilities identified. The official statement also indicated that the Unzen upgrade, scheduled for August 6, will require ZK proofs for every block to further enhance network security.
According to CoinDesk, the UK government plans to complete the first tokenized sovereign bond issuance tests through HSBC and the London Stock Exchange Group (LSEG) in early 2027, but industry experts point out that on-chain cash settlement issues remain the core obstacle hindering the implementation of the plan. Varun Paul, Global Head of Central Banks and Market Infrastructure at Fireblocks, stated that the project has secured sufficient institutional support, and a change in government (UK Prime Minister changing from Keir Starmer to Andy Burnham) is unlikely to reverse it, and tokenized government bonds are expected to boost market demand given the UK's current debt scale of nearly 3 trillion pounds (approximately 4 trillion USD). Jannah Patchay, Founder of Markets Evolution, pointed out that tokenized bond technology has been validated for nearly seven years since Santander Bank issued the first tokenized sterling corporate bond in 2019, but the absence of on-chain counterparty risk-free settlement assets has remained unresolved. She called on regulators to promote the use of compliant sterling stablecoins to provide an on-chain settlement mechanism. Currently, the global stablecoin market size reaches $300 billion, but TGBP, the largest pound stablecoin by market capitalization, is only worth about $34.2 million, accounting for a negligible proportion.
: Sandy Kaul, Head of Digital Assets and Innovation at investment management firm Franklin Templeton, stated that the AI agent economy will increase demand for blockchain protocols to facilitate machine-to-machine micropayments. Traditional bank card networks are unsuitable for agent-based payments due to fees and settlement times. Sandy Kaul pointed out that blockchain networks like Aptos, Solana, and BNB Chain are more suitable for the agent economy, with transactions settling in seconds, faster than the 1 to 3 business day settlement time of the Visa network. In a joint report, payment company Visa and investment validation platform Artemis stated that traditional bank cards designed for low-frequency human commercial activities are insufficient to support AI agents, which require near-zero fees and faster settlement. Since its launch in May 2025, the x402 payment protocol developed by Coinbase has seen an adjusted transaction volume of $15 million and over 109 million adjusted transactions.
Paradis Labs stated on platform X that it is currently difficult to determine whether semiconductor stocks have bottomed out. Most AI infrastructure-related stocks rose on the day, with SIVE, AEHR, and IQE gaining over 20%, and SNDK, MU, and AAOI rising over 10%.Paradis Labs noted that regardless of today's returns, gaining more clarity over the coming weeks will be more important: On July 22, GOOGL will release its Q2 earnings, which will serve as the first formal indicator of annual capital expenditure for approximately $750 billion in hyperscale cloud providers; On July 22-23, AMD will hold the Advancing AI event, where wafer foundry loading, advanced packaging, and laser-type demand roadmaps through 2027 can be observed; On July 23, INTC will report Q2 earnings, with 18A yield and foundry commitments potentially being major variables, while also providing insights into U.S. domestic manufacturing and packaging momentum; On July 23, IBM will report Q2 earnings, and with its market cap already down ~25%, the market's reaction to any guidance shortfall is worth watching; On July 24, 10% global tariffs expire, and new tariffs are expected to be imposed on dozens of countries, which could act as a stagflationary factor and influence the Fed's rate hike narrative; On July 27, Kimi K3's complete weights will be released; On July 28-29, the FOMC meeting will convene, with experts and Polymarket expecting rates to remain unchanged. It is noteworthy that a rate hike or a signal of a rate hike would represent the first true institutional shift for the AI trade; On July 29-30, META, MSFT, and AMZN will report earnings, providing more capital expenditure data; On July 30, the U.S. will release June core PCE.Paradis Labs also indicated that a ceasefire between the U.S. and Iran could be reached at any time. A 10-day proposal is currently on the table, while attacks continue. A formally confirmed ceasefire would be beneficial for oil prices and bullish for semiconductor stocks. The above is a high-level timeline of the key upcoming events, all of which will impact semiconductor stocks to varying degrees. When hyperscale cloud providers report earnings, AI capital expenditure will be the most important factor.
: Qiming Venture Partners has released the "2026 Qiming Venture Partners Top 10 AI Outlook," which focuses on four major directions: foundation models, embodied intelligence, AI infrastructure, and AI applications, predicting the development trends of the artificial intelligence industry over the next 12 to 24 months. In terms of AI infrastructure, the demand for AI computing power is shifting from the training phase to the inference phase. Segments such as storage, advanced process technology, and advanced packaging will continue to face structural shortages. Over the next two years, computing power asset reserves will become a crucial strategic resource for AI companies. The competition in AI infrastructure will also evolve from competition centered on single chips to system-level competition encompassing chips, interconnects, cooling, power supply, and other components. In the next 12 to 24 months, the commercialization of AI applications will focus more intensively on vertical industries and high-paying users. Applications that improve enterprise efficiency will take off first. Meanwhile, as token costs decrease and interaction models innovate, phenomenal AI consumer applications are also expected to gradually emerge.Furthermore, Qiming Venture Partners anticipates that AI-Native organizations will move from concept to practical implementation. Some companies are expected to achieve several times the per capita productivity improvement compared to traditional organizations.
Cos, founder of SlowMist, shared a tweet on X platform regarding potential poisoning attack risks in Claude Code and published a detailed analysis of poisoning attacks targeting Grok Build CLI and Claude Code CLI. The analysis pointed out that the security mechanisms of Grok Build CLI are not unified, with different code paths having different trust assumptions, and the gaps between them serve as channels for attackers.Attackers may exploit malicious project configuration files to execute arbitrary commands without the user's knowledge, thereby stealing API keys, cloud credentials, or gaining control over local devices. Researchers constructed a test environment and found that on Mac systems, if Claude Code is compromised, executing a specific test command could trigger the launch of a local calculator, demonstrating a potential command execution risk. If the attack succeeds, attackers could further steal API keys from AI services such as Claude and OpenAI, causing account cost losses; obtain credentials for cloud services like AWS, Alibaba Cloud, and Tencent Cloud to access servers and data; tamper with code repositories to implant backdoors; and leverage local devices as a springboard to attack internal enterprise networks. It is reported that the relevant vulnerability has existed for one year.
Four departments including the Ministry of Industry and Information Technology issued guiding opinions on promoting the high-quality development of Internet infrastructure resources, which mentioned strengthening Internet technology innovation planning, promoting the implementation of relevant national key R&D programs and national major science and technology projects, and strengthening original technology innovation. Technical breakthroughs should be carried out in the integration and innovation of technologies such as artificial intelligence, blockchain, and distributed identifiers with Internet infrastructure resources, breaking through key technologies such as network dynamic optimization, intelligent resource scheduling, and secure data interaction. Innovation in the IPv6 technology system should be strengthened to solve key issues such as protocol compatibility and high-performance transmission. Key technologies such as satellite Internet mega-constellation networking, rapid routing switching, and reliable anti-interference transmission must be broken through. Key technologies for the large-scale deployment and application of resource public key infrastructure should also be broken through. (Jin10)
Fox Business crypto reporter posted on X platform, stating that this week there will be a dense schedule of economic data, Fed speeches, and further clarification on the status of the Clarity Act. Key points to watch include: the latest inflation data such as CPI and PPI, which could influence market expectations for the Fed's next interest rate decision; Fed Chairman Kevin Warsh will submit the semiannual monetary policy report to Congress and may face questions from lawmakers on Fed-related topics, with Michelle Bowman, Chris Waller, Michael Barr, Lisa Cook, and several regional Fed presidents also expected to speak; the updated version of the Clarity Act will merge texts from the Senate Banking Committee and the Senate Agriculture Committee. Some industry sources indicate that key clauses are still under "active negotiation" and the ethics agreement is "not yet finalized." It remains unclear how this will impact the timing of a full Senate vote, with many hoping the vote could be scheduled as early as the week of the 20th.
Odaily, Bitget announced that the Assets Under Management (AUM) for its stock token (rToken) product has exceeded $100 million within one month of launch. As of July 6, the number of users participating in related asset trading surpassed 100,000, with cumulative trading volume reaching $671.37 million.Looking at asset distribution, rSPCX is the rToken with the highest TVL, accounting for 23.51%; rCSCO and rNVDA follow with 17.75% and 13.38%, respectively. The overall ranking indicates that early demand for rTokens was primarily driven by high-interest private market assets and technology-related targets. Among these, AI infrastructure assets, covering areas such as networks, chips, storage, and semiconductors, have formed a significant demand cluster.It is reported that rTokens, identified by the prefix "r" followed by the stock ticker (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. By partnering with the compliant brokerage Alpaca, they directly connect to global liquidity pools such as Nasdaq and the NYSE. Key features include: 1:1 reserve backing of underlying assets held by a licensed custodian, 1:1 distribution of stock dividends in token form, synchronized mirroring of corporate actions like stock splits and reverse splits, and the ability to use holdings as joint margin for unified accounts and USDT-margined contracts. This allows users to hold global stock assets while still flexibly managing their capital.
Crypto journalist Eleanor Terrett tweeted that Judge Analisa Torres of the U.S. District Court for the Southern District of New York denied its preliminary injunction application in the case involving Kalshi, allowing the case to proceed to the motion to dismiss stage. The court held that New York State gambling law applies to Kalshi's sports event contracts, and such application is not preempted by the Commodity Exchange Act. This ruling means Kalshi has suffered another unfavorable setback in the relevant legal dispute.
According to official sources, BNB Agent Studio now supports AI Agents in accessing CoinMarketCap (CMC) market data with a single click via the B402 merchant pool of Binance Pay, with the Agent's own wallet automatically handling the data call payment.According to reports, building AI Agents that rely on real-time market data previously required configuring API keys, subscription plans, and independent payment processes. Through this integration, developers no longer need to create a CMC account, manage API Keys, or write additional payment code. The Agent can complete the entire process of "requesting data - automatic payment - processing output." Currently, the first batch of 4 types of CMC data interfaces are available, including:DEX Search: Query tokens and trading pairs on decentralized exchanges;Quotes Latest: Obtain real-time prices and market data for specified tokens;Listings Latest: Obtain market-wide token ranking data;DEX Pairs Quotes: Obtain real-time quotes for specified DEX trading pairs.BNB Chain stated that all data requests are paid through B402 based on the x402 protocol and are settled instantly on BNB Smart Chain (BSC). This feature will help developers quickly build AI Agents with market awareness, such as daily market analysis Agents, token ranking change reminder Agents, investment watchlist Agents, and narrative analysis Agents that combine large language models for market interpretation.
The latest report released by Wintermute shows that cooling AI trading has triggered market sector rotation, with the Nasdaq Index falling for the fifth consecutive trading day, down 4.5% in a single day, and the semiconductor sector under significant pressure; Bitcoin fell 5.9%, dropping below $60,000 to around $59,300, while Ethereum fell 7.9%. The U.S. May Personal Consumption Expenditures Price Index (PCE) rose year-on-year to 4.1%, reinforcing expectations of higher rates for longer, and a stronger U.S. dollar also exerted pressure on crypto assets.
the core US crypto regulatory bill, the "Digital Asset Market Clarity Act" (Clarity Act), has entered a critical two-week negotiation cycle for legislation. The Senate will be in recess until July 13. During the recess, bipartisan staff, the White House, and representatives from the crypto industry will continue to negotiate outstanding differences in the bill, focusing on resolving disputes over topics such as the integration of the two bill versions from the Senate Banking Committee and the Agriculture Committee, ethics clauses, and anti-money laundering rules.If all parties successfully reach a unified compromise version, the bill could be submitted for a full Senate vote as early as late July to early August. The market generally believes that the period before the August congressional recess is the only window for the bill to be passed this year. If the vote is not completed during this phase, the probability of the bill being enacted into law within 2026 will significantly decrease. (Crypto in America)
According to Odaily, the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) have jointly released a document seeking public comments on further harmonizing the regulatory framework for portfolio margin and cross-margining of securities, security-based swaps, futures, swaps, and related positions. Key areas of focus include existing portfolio margin models and practices, customer protection, cross-margining and cross-product offsets, capital and margin and collateral treatment, clearing agency and clearing organization arrangements, and technical and operational implementation. The comment period is 60 days from the date the document is published in the Federal Register.
According to iGB, the Curacao Gaming Authority (CGA) has officially released its Cryptocurrency Policy Guidelines for B2C online gambling licensees, requiring all group entities involved in cryptocurrency transactions to comply with global Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) frameworks, with a phased implementation deadline extended to mid-2027. Key requirements include: licensees may only accept cryptocurrencies for gambling purposes and must not act as exchanges, custodians, or Virtual Asset Service Providers (VASPs); mandatory deployment of blockchain analytics capabilities for wallet risk scoring and transaction monitoring; preference for fiat-backed stablecoins, while privacy coins, meme coins, and wrapped tokens with unclear provenance must be assessed or excluded; player, operational, and treasury wallets must be strictly segregated, with personal or UBO-associated wallets prohibited; funds linked to mixers, tumblers, or sanctioned addresses are strictly prohibited. Regarding the compliance timeline, operators must submit their cryptocurrency compliance policy to the CGA within three months, complete risk assessments and staff training within six months, and achieve full compliance—including wallet segregation, on-chain analytics deployment, and audit log maintenance—within 12 months (i.e., by June 2027). The CGA also reserves the right to require accelerated compliance in the event of material risk.
Bitget has listed 7 stock tokens including rSCHD (US Dividend Stock ETF), rYUM (Yum! Brands), rASST (Strive), and rDHI (D.R. Horton), covering popular sectors such as finance and consumer goods.It is reported that rTokens, identified by the prefix "r" + stock ticker symbol (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. By partnering with the compliant broker Alpaca, these tokens are directly connected to global liquidity pools such as Nasdaq and NYSE. Key features include: 1:1 reserve backing of underlying assets held by licensed custodians, stock dividends distributed 1:1 in token form, synchronized mapping of corporate actions (such as stock splits and reverse splits), and the ability to use the holdings as cross-collateral for unified accounts and USDT-margined perpetual contracts, allowing users to hold global stock assets while flexibly managing their funds.
According to CoinDesk, STRC—Strategy’s dividend-paying preferred stock—recently fell below its $100 par value, sparking market discussion about the company’s capital structure and solvency. Key timeline events are reviewed below: May 14: STRC closed at $100 on the ex-dividend date; Bitcoin’s price remained above $80,000, yet market stress was already evident. Concurrently, Strive Asset Management announced its competing product, SATA, would adopt a daily dividend mechanism, raising its yield to 13%, further intensifying competitive pressure on STRC. May 15: Strategy announced it would repurchase $1.5 billion of its 2029 convertible bonds at an ~8% discount. The market subsequently noted that the company used its U.S. dollar cash reserves—previously earmarked for dividend and debt servicing—to execute this transaction. May 26: Strategy confirmed its cash reserves were deployed in the bond repurchase, reducing its cash balance to approximately $871 million—enough to cover only about six months of STRC dividend payments, down from its prior target of maintaining roughly 24 months of coverage. June 1: Strategy sold 32 BTC—the first Bitcoin sale since 2022—to demonstrate its ability to support dividend payments via asset sales. Following the announcement, MSTR’s stock price dropped 5.9%.