News linked to both this project and an event.
According to the official announcement, Huobi HTX has listed CRWD/USDT and NES/USDT perpetual contracts, with maximum leverage of up to 10x for both. Meanwhile, Huobi HTX will launch the CRWD and NES contract trading competition from 15:00:00 on July 6 to 15:00:00 on July 13 (UTC+8), with a total prize pool of up to $20,000. During the event, users who complete registration and participate in CRWD/USDT and NES/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 contract trading of event tokens will also receive exclusive benefits.
According to EToday, South Korea's top five virtual asset exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) added only 117 new trading listings in the first half of the year, a 44% decrease from 210 in the same period last year; the net increase plummeted from 191 to 49, a year-on-year decline of 74%. Meanwhile, the number of delistings surged from 19 to 68, an increase of 258%. Global virtual asset trading volume recorded $46.07 billion in June, down 34% from $70 billion in the same period last year. The shrinkage in trading volume directly compressed fee income; Dunamu (Upbit's parent company) and Bithumb's first-quarter fee income accounted for 97.49% and 99.99% of operating revenue respectively, highlighting the issue of high dependency on retail spot trading.
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.
According to The Block, tokenization leader Securitize (stock ticker: SECZ) officially listed on the New York Stock Exchange on July 2 local time, with an opening price of $12.45, an intraday high of $13.70, and a closing price of $12.30. Meanwhile, Securitize simultaneously launched tokenized stocks on the Solana and Avalanche chains, becoming the first company to achieve "traditional market + on-chain" dual-track issuance on the first day of listing, supporting 24/7 trading. Securitize President Brett Redfearn stated that the company is actively negotiating with the capital markets departments of major investment banks such as JPMorgan Chase, and plans to distribute IPO shares in tokenized form to crypto wallets such as MetaMask and OKX within the next 3 to 6 months.
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.
U.S. President Trump’s newly released 927-page financial disclosure document reveals income including hundreds of millions of dollars in crypto-related earnings. Among these are millions of dollars in revenue linked to World Liberty Financial, the DeFi project launched by the Trump family in 2024. This disclosure has heightened the urgency of congressional negotiations over ethics provisions within the Clarity Act, the crypto market structure bill.Currently, bipartisan lawmakers are negotiating the Clarity Act, which aims to establish the first comprehensive federal crypto regulatory framework in the United States. A key focus of the negotiations is whether to include ethics restrictions preventing the President, Vice President, members of Congress, and other federal officials from profiting from digital assets while in office.Following the document's release, Democratic lawmakers reiterated that the bill must contain strict ethics clauses. Senator Angela Alsobrooks stated that such restrictions should apply to the President, Vice President, and all members of Congress. She noted that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing political figures to profit through corruption and institutional loopholes.Senator Kirsten Gillibrand also indicated that both parties are still advancing stringent ethics reforms, proposing to prohibit the President, Vice President, and lawmakers from using crypto assets for personal gain. Meanwhile, Elizabeth Warren argued that if the Clarity Act fails to prevent the President, members of Congress, and their families from profiting from the crypto industry, the bill would further fuel controversies surrounding Trump-related crypto corruption.Republicans, for their part, stated that ethics clauses remain part of the bipartisan negotiations. With the July window for advancing the Clarity Act approaching, the disclosure of Trump family crypto income could become a key variable influencing the final text of the bill and the level of Democratic support.
According to the official announcement, HTX listed MVLL/USDT and SYN/USDT perpetual contracts on July 1, both with maximum leverage of up to 10x. Meanwhile, HTX will launch the MVLL and SYN contract trading competition from 15:00 on July 1 to 15:00 on July 8 (UTC+8), with a total prize pool of up to $20,000.
, June 30th - To assist users affected by the recent earthquake in Venezuela, Binance Charity announced it will donate a total of $3 million worth of 20 USDT token vouchers to eligible Binance users. It will also implement a 7-day fee waiver for C2C trading and Binance Pay merchant transaction fees to help users in the affected areas cope with current difficulties.Eligible users for the token vouchers will be identified based on their POA and eKYC identity verification completed before June 26, 2026. Applicable regions include the most severely affected areas: La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, Falcón, and Yaracuy. Qualifying users will receive the corresponding funds within 30 days of completing POA.Additionally, Binance will introduce fee reduction measures for commonly used services among Venezuelan users. All C2C trading fees denominated in VES will be waived for 7 days, effective immediately. Meanwhile, transaction fees for all merchants in Venezuela that accept Binance Pay as a payment method will also be waived for the same period. These activities will last until July 2, 2026, local time.
According to Reuters, GameStop (GME) stated on June 27 that although eBay (EBAY) rejected its approximately $56 billion cash-and-stock acquisition offer in May, the company remains committed to advancing the acquisition plan and will release detailed strategic rationale and operational integration plans in the near future. GameStop CEO Ryan Cohen previously stated that the reason for acquiring eBay is that the merged company will become a stronger competitor to Amazon. Meanwhile, GameStop disclosed that adjusted EBITDA for fiscal 2026 is expected to exceed $600 million, representing a significant increase from $345.4 million in fiscal 2025.
Ethlabs posted on X platform to address its non-profit positioning and funding situation. It stated that the choice to operate as a non-profit structure is to focus on the long-term development needs of Ethereum as a "public good" and to maintain the organization's independence and neutrality in research and development.Regarding governance structure, Ethlabs pointed out that its funding comes from large ETH holders and builders within the Ethereum ecosystem. These funders are closely aligned with the long-term success of Ethereum but will not receive any governance control, nor will they participate in roadmap formulation or project priority decisions. Ethlabs emphasized that this arrangement is a deliberate design aimed at preventing external capital from influencing its core direction.Meanwhile, Ethlabs indicated that the future continuous fundraising mechanism itself acts as a "accountability mechanism." Only by consistently creating real value for the Ethereum ecosystem can it secure subsequent funding support, thereby forming a long-term feedback loop.In terms of funding, Ethlabs revealed that it is currently in the final stages of fundraising and has not yet disclosed the specific amount. However, the pledged funding commitments are expected to support an operational cycle of 2 to 3 years and cover the needs for recruiting top-tier talent. Ethlabs emphasized its positioning as a long-term project, not a one-time grant program.
According to the official announcement, Huobi HTX listed CAP/USDT, SQQQ/USDT, and TQQQ/USDT perpetual contracts on June 29, all with a maximum leverage of 10x. Meanwhile, Huobi HTX launched the CAP, SQQQ, and TQQQ contract trading party from 15:00 on June 29 to 15:00 on July 6 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in CAP/USDT, SQQQ/USDT, and TQQQ/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on trading volume rankings; new contract users who complete CAP/USDT, SQQQ/USDT, and TQQQ/USDT contract trading will also receive exclusive benefits.
as Anthropic faces export restrictions limiting the global availability of its advanced models, multiple Asian AI companies are accelerating efforts to fill the market gap. Chinese cybersecurity firm 360 Security Technology has reportedly launched an AI tool called "Tulongfeng," claiming it can directly compete with Anthropic's high-end model "Mythos." Meanwhile, its more restricted version, "Fable 5," also falls within the scope of relevant export controls.In the same week, Japanese AI startup Sakana AI released a new model named "Fugu," taken from the Japanese word for pufferfish. It is positioned as a frontier model designed for agents. The company stated that the model's capabilities are comparable to Fable 5 and Mythos Preview, and it supports coordinating multi-model calls via API to enable agent orchestration.Sakana AI emphasized that the timing of this release and the U.S. export restrictions are "purely coincidental," but the product's official website still clearly promotes "providing frontier capabilities without the risk of export controls." Company co-founder David Ha stated that future AI development will shift from competition among single large models to "model orchestration systems," adding that "access can disappear at any time, and distributed intelligence is a realistic hedge against the risks of centralization."On the other hand, Chinese 360 founder Zhou Hongyi views AI vulnerability detection capabilities as a "national strategic asset" and warns of the so-called "one-way transparency" risk, where certain entities may monopolize advanced security capabilities.According to reports, the U.S. export restrictions on Anthropic's advanced models have been in place for about two weeks. Against this backdrop, Asian manufacturers are accelerating the launch of local alternatives. Although some companies still emphasize the importance of American models in the Asian market, the trend of differentiation within the regional AI ecosystem has begun to emerge. (TechCrunch)
Odaily Odaily reporter: Meta CEO Mark Zuckerberg has urged his subordinates to explore partnerships with prediction markets Polymarket and Kalshi. Meanwhile, Meta is developing a similar prediction market application called Arena.Executives said that Arena is currently in internal testing and may not be released in the future. The application will rely on points similar to those in video games, rather than accepting real money bets. Meta aims to attract at least 100 million monthly active users for the application and plans to eventually integrate some of Arena's features into Facebook and Messenger. (Reuters)
According to the official announcement, Bybit Spot has launched Cap (CAP/USDT) on its spot market on June 26 at 12:00 PM UTC, and deposits are now open. Meanwhile, CAP has been added to Bybit’s Token Splash trading competition, where eligible users can participate in sharing a prize pool of up to 30 million CAP tokens. Cap is a decentralized credit protocol built on the Ethereum blockchain, designed to safeguard lenders’ principal through on-chain financial guarantees.
According to the official announcement, HTX (formerly Huobi) launched the STXX/USDT perpetual contract on June 26, offering up to 10x leverage. Meanwhile, HTX is hosting an STXX Contract Trading Party from June 26 at 15:00 to July 3 at 15:00 (UTC+8), with a total prize pool of $20,000. During the event, users who register and trade the STXX/USDT contract—achieving a cumulative valid trading volume of ≥$1,000—will share the prize pool based on their trading volume ranking. Additionally, new contract users trading STXX/USDT will receive exclusive rewards.
sources familiar with the matter have revealed that xAI is increasing its investment in video and image generation tools, aiming to build a differentiated advantage in multimodal capabilities. In contrast, OpenAI and Anthropic are relatively more restrained in their visual generation capabilities, leaving an entry point for xAI. It is understood that xAI launched an upgraded video model last week, emphasizing its continued progress in the field of visual generation, even as it introduces external collaborations in areas like coding to counter competitors. Sources indicated that xAI is strengthening the user popularity and viral effect of its AI video tools, viewing them as a key lever for the next phase of product competition. Meanwhile, SpaceX has also publicly supported and mentioned that its AI video tools are relatively popular. (The Information)
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.
Bybit Alpha and Byreal have launched $SNDK trading. $SNDK is a tokenized asset issued jointly by SunriseDeFi and Backpack, representing SanDisk—the world’s leading NAND flash memory manufacturer—on-chain. Meanwhile, Bybit Alpha has also launched its Token Splash trading competition: users can participate in the prize distribution by trading $SNDK.
According to Crypto in America, the National District Attorneys Association, the National Association of Assistant U.S. Attorneys, the International Association of Chiefs of Police, and the National Sheriffs’ Association jointly sent a letter to Acting Attorney General Todd Blanche and Patrick Witt, Executive Director of the White House Crypto Council, expressing strong opposition to Section 604 of the “Clarity Act”—the Blockchain Regulatory Certainty Act (BRCA). Law enforcement groups argue that this provision could create regulatory loopholes exploitable by criminals for illicit activities including drug trafficking, fraud, child exploitation, sanctions evasion, and terrorist financing. Meanwhile, cryptocurrency-backed candidates achieved sweeping victories in primary elections across Maryland, New York, and Utah. Fairshake—a pro-crypto super PAC—has collectively spent over $7.6 million supporting these candidates, including $5.5 million backing Adrian Boafo, the candidate for Maryland’s 5th congressional district. Miller Whitehouse-Levine, founder of the Solana Policy Institute, warned that August 7, 2026, may be the final window for Congress to pass cryptocurrency market structure legislation. He stated that the industry is willing to make limited revisions to the BRCA provisions to address law enforcement concerns—but firmly opposes any fundamental changes that would weaken the core protections enshrined in the provision. Additionally, the House Financial Services Committee held a hearing on “The Future of Payments” the same day.
Gate has announced the launch of a new USD ecosystem and upgrades to its two major product modules, Gate Pay and Exchange, further integrating USD asset management, fund flow, and digital asset usage scenarios. This feature is currently being gradually rolled out to users. After updating the App to version 8.24.0 or higher, users can complete operations such as USD asset management, USD deposits, digital asset trading, USD withdrawals, and fund transfers between accounts within Gate. Through the new USD account, users can hold and manage USD assets and directly use their USD balance to participate in digital asset trading.Meanwhile, Gate Pay has undergone a product design upgrade, optimizing the display of accounts, assets, and fund flow to enhance clarity and operational smoothness in fund management. Both Gate App and Gate Pay now support USD deposit and withdrawal functions. Users can deposit USD via SWIFT bank wire transfer and withdraw USD funds to their personal bank accounts. Additionally, users can directly use their USD balance to purchase cryptocurrencies or sell their held crypto assets with one click to convert them into USD balance, enabling convenient conversion between USD assets and digital assets.This upgrade by Gate aims to integrate USD asset management and digital asset usage processes into a single product system, covering core stages such as deposits, trading, withdrawals, and fund transfers, providing global users with more efficient one-stop USD fund services. In the future, Gate will continue to expand USD asset usage scenarios and fiat service capabilities, persistently offering global users a more convenient and efficient fund management experience.