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Gate Ventures: Oil Breaks $100 as Inflation Exceeds Expectations, Risk Assets Under Broad Pressure

Odaily News: According to Gate Ventures' latest weekly report, last week's escalation of geopolitical conflicts in the Middle East combined with U.S. core inflation exceeding expectations significantly heightened global market volatility. Brent crude and WTI crude surged 8.33% and 9.36% respectively, returning above $100 per barrel; U.S. August core CPI rose 0.29% month-over-month, higher than expected, pushing the 10-year Treasury yield to 4.97%, with market-implied probability of a September rate hike rising to approximately 86%; spot gold fell 1.82% to $4,349.42 per ounce. U.S. stock indices — the S&P 500, Nasdaq, and Dow Jones — declined 0.80%, 0.66%, and 1.57% respectively; the crypto market weakened in tandem, with BTC and ETH dropping 4.4% and 1.5% respectively. Spot BTC ETFs saw net outflows of $462.7 million, while ETH ETFs recorded net inflows of $197.1 million. The fear index dropped from 71 to 57, indicating a cooling of market sentiment.On the industry front, India launched a $107 million tokenized corporate bond pilot program, further advancing institutional-grade RWA tokenization; Gemini obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, further expanding its regulatory footprint in the Asia-Pacific region; and the Philippine central bank plans to suspend new payment system operator registrations for 12 months, tightening oversight of VASP-related payment activities.On the funding side, a total of 9 financing deals were completed last week, with disclosed total funding reaching $158.4 million, down 88% quarter-over-quarter. Overall, energy prices and inflation expectations remain the core variables driving short-term market trends, while interest in tokenized assets and institutional-grade crypto infrastructure development remains undiminished.

Firmus Signs Multi-Year Data Center Agreement with OpenAI, Malaysia Computing Capacity Exceeds 900 Megawatts

According to The Straits Times, Australian AI infrastructure company Firmus announced a multi-year agreement with OpenAI to supply computing power from two data centers in Malaysia, establishing OpenAI as Firmus's anchor customer. Following the signing of the agreement, Firmus's contracted capacity across its global client portfolio has exceeded 900 megawatts. Backed by institutional investors including Nvidia, Jane Street, Blackstone, and Coatue Management, Firmus holds a recent valuation of over $10.5 billion. The company currently operates data centers in Australia and Singapore, with five additional facilities under development across the Asia-Pacific region. It plans to deploy Nvidia's next-generation Vera Rubin processors at scale in the Asia-Pacific.

Blue Owl Leads $2.4 Billion Debt Financing for Iren to Purchase NVIDIA Blackwell Ultra GPUs

According to Bloomberg, a fund under Blue Owl Capital led a $2.4 billion debt financing to support cloud computing provider Iren’s purchase of Nvidia Blackwell Ultra GPUs for its Canadian data center campus. The financing consists of a $1.2 billion senior secured term loan and an equal amount of senior secured notes, with a structure that allows Iren to procure the equipment in phases over a set period. Pacific Investment Management Company is also one of the guarantors for the financing. Documents show the facility carries a 9% interest rate and has a tenor of two and a half years.

Pop Mart's H1 2026 revenue data: RMB 17.17 billion, gross margin near 70%, six major IPs each exceeded RMB 1 billion in revenue, and 11 IPs surpassed RMB 100 million in revenue

Odaily News: Last week, Pop Mart officially released its semi-annual financial report, which showed that the company achieved revenue of RMB 17.17 billion in the first half of the year, a year-on-year increase of 23.8%. Adjusted net profit was RMB 5.16 billion, with a net profit margin of 30% and a gross margin of 69.7%.Six major IPs—THE MONSTERS, Xingxing Ren (Star Man), CRYBABY, DIMOO, SKULLPANDA, and Hirono Xiaoye—each exceeded RMB 1 billion in revenue, while 11 IPs surpassed RMB 100 million. Classic IPs continue to grow upward, new IPs show strong momentum, and the IP matrix remains rich and diversified: the THE MONSTERS family, home to LABUBU, continues to thrive, leading with revenue of RMB 4.45 billion. Xingxing Ren emerged as the fastest-growing IP, generating RMB 2.65 billion in revenue with a growth rate of 580.6%.During the reporting period, Pop Mart operated 676 offline stores and 2,827 robot vending machines globally, with cumulative registered members worldwide surpassing 100 million. Revenue in the Chinese market reached RMB 12.2 billion, achieving 47.3% growth. The Asia-Pacific market contributed RMB 2.58 billion, the Americas market RMB 1.89 billion, and Europe and other regions RMB 510 million.

Solana Company 公布 2026 年第二季度财报,质押收入达 250 万美元

据 Solana Company(NASDAQ: HSDT)官方公告,公司公布 2026 年第二季度财务业绩。本季度实现营收 250 万美元,同比大幅增长,主要由 SOL 质押收入驱动,上半年累计营收达 610 万美元。毛利率约 97%。 运营层面,公司完成东京首个机构验证器集群部署,推进 Pacific Backbone 亚太基础设施扩张计划;与 Jito 基金会达成战略合作;与哈萨克斯坦阿拉套市签署区块链基础设施合作备忘录;完成 PoNS 医疗设备遗留业务剥离,获得 310 万美元出售收益;并向全球机构投资者完成定向增发,净募资 790 万美元,由未来资产领投、HashKey Capital 参投。 财务方面,本季度净亏损 3030 万美元,每股亏损 0.38 美元,亏损扩大主要源于数字资产已实现亏损 2540 万美元及 PoNS 剥离相关遣散费 680 万美元。截至 2026 年 6 月 30 日,公司总资产为 1.761 亿美元,其中长期数字资产及质押仓位合计约 1.473 亿美元。

Bitget Wallet Card Launches "Asset Cashback" Mechanism, Spending Earns 3% Cashback in Bitcoin, Gold, and Tokenized US Stocks

Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.

Sui: LoquaApp Launches Privacy-First Messaging App, Sui Tunnels Experiment to Open for TPS Stress Testing

Sui posted on X platform, stating that this week's highlights include ensuring data privacy, expanding decentralized capital markets, and welcoming new teams into the network development pipeline. LoquaApp has launched a privacy-first AI agent messaging app on Sui, supporting users in sending messages, interacting with AI agents, and conducting peer-to-peer token transfers within chats; RipStationxyz has deployed a graded Pokémon card platform on Sui for on-chain trading and physical redemption; suidevelopers held a technical meeting, where kostascrypto and abhinavg6 analyzed the cryptography behind protocol-level confidential transfers; 0xfluid has chosen Hashi to build an institutional-grade Bitcoin credit market, enabling native BTC to be used as collateral through formally verified contracts on Sui; realtbook has partnered with paga to create a compliant financial bridge, offering tokenized real-world assets to African consumers and businesses; six early-stage development teams, including AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh, have completed the third cohort of the Sui Hydropower Fellowship; tradeonhudi announced the upcoming launch of 7×24 hour leveraged perpetual contracts on Asia-Pacific stocks, targeting markets in Korea, Japan, and Hong Kong; Turbos_finance released its Q2 2026 report, having launched its CLMM and once became the highest-volume AMM DEX with a single-day SUI-USDC trading volume exceeding $17 million. The upcoming Sui Tunnels experiment will be opened for system testing of the network's TPS limit under load.

JPMorgan Blockchain Account Adds 5 Asia-Pacific Currencies Including Japanese Yen, Cumulative Processed Transaction Volume Exceeds $4 Trillion

According to CoinPost, Kinexys, the blockchain business unit of JPMorgan Chase, announced on June 29 that it added five currencies—Australian Dollar (AUD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Renminbi (RMB), and Singapore Dollar (SGD)—to its Blockchain Deposit Account (BDA) network. Combined with the existing Euro, Pound Sterling, and US Dollar, it supports a total of 8 currencies, becoming the platform with the most supported currency types in the global blockchain settlement and on-chain foreign exchange sector. BDA operates on JPMorgan Chase's private blockchain, supporting 7x24 hour all-weather settlement and programmable payment functions. Japanese energy giant JERA Global Markets became the first enterprise to adopt the Japanese Yen BDA, used to optimize internal fund flow management and liquidity allocation within the group. Currently, Kinexys has processed cumulative transaction volumes exceeding 4 trillion USD, with daily average transaction volumes surpassing 7 billion USD.

Coinbase Announces GEODNET (GEOD) Spot Trading Launch on June 23

According to the official announcement from Coinbase Markets, GEODNET (GEOD) spot trading will officially launch on June 23, 2026. The GEOD-USD trading pair will become available at 9:00 a.m. Pacific Time, subject to sufficient liquidity and regulatory approval in the user’s jurisdiction.

Bitget Wallet Opens Full-Token Payment Capability, Enabling Real-World Spending with Any Token

Bitget Wallet has officially launched full-token payment capabilities, allowing users to use thousands of cryptocurrencies beyond just USDT/USDC for card top-ups and QR code payments, eliminating the need for manual swaps or cross-chain transfers. This feature is now available in over 50 countries and regions across Asia-Pacific, Europe, Latin America, and select emerging markets.The initial range of supported tokens includes mainstream assets such as USDT, USDC, ETH, SOL, BNB, BGB, and POL; ecosystem and community tokens like SHIB; as well as regional stablecoins like BRZ (Brazilian Real-backed stablecoin) and XSGD (Singapore Dollar-backed stablecoin). This capability is powered by Onchain Payments Matrix and currently supports over 10 public chains, including Polygon, BNB Chain, Ethereum, and Base, with continuous expansion of supported tokens and networks underway.Through this move, Bitget Wallet aims to integrate on-chain assets into users' everyday consumption and payment scenarios, further enhancing the practical utility of cryptocurrencies and ensuring users can spend any token for real-world purchases.

Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted

Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.

Bitget Wallet QR Code Payment Expands to Three Latin American Countries, Including Argentina, Colombia, and Bolivia

Bitget Wallet has announced the expansion of its QR code payment service to Latin American markets, including Argentina, Colombia, and Bolivia. As a result, Bitget Wallet's QR code payment capability now covers key markets in both the Asia-Pacific and Latin America, accelerating the global expansion of its Everyday Finance strategy.This expansion follows Bitget Wallet's integration route with Brazil's Pix, and now connects to three local payment networks: Transferencias 3.0 (Argentina), Bre-B (Colombia), and QR Simple (Bolivia). Users can directly use USDC or USDT for QR code payments within the wallet without needing to exchange currencies in advance.

Antier Solutions, an enterprise blockchain infrastructure provider, has raised $3 million in funding, led by GVFL.

According to PRNewswire, enterprise blockchain infrastructure provider Antier Solutions announced the completion of a $3 million funding round, led by GVFL. The new capital will support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow its business operations in the United States, Middle East, and Asia-Pacific markets.

Jito collaborates with Solana listed company (HSDT) to provide institutional-grade infrastructure in the Asia-Pacific region

: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.

Bitget Wallet Launches May Day QR Code Payment Campaign with Cashback up to 1,000 RLUSD per Transaction

Bitget Wallet has launched a Labor Day QR code payment campaign, running from April 28 to May 7, further driving the adoption of stablecoin payments in everyday consumption and travel scenarios across the Asia-Pacific (APAC) region. During the campaign, users who complete offline QR code payments using USDT or USDC will receive RLUSD cashback for each transaction. From May 1 to May 7, Bitget Wallet will randomly select one paying user per day to receive an additional 1,000 RLUSD cashback. To lower the barrier to first-time usage, Bitget Wallet will also airdrop XRP to eligible participants—serving as the account reserve required to activate RLUSD withdrawals. RLUSD is a compliant U.S. dollar-pegged stablecoin issued by Ripple and regulated by the New York State Department of Financial Services (NYDFS). This campaign marks Bitget Wallet’s first real-world consumer application following its integration of the XRP Ledger (XRPL) mainnet and onboarding of the RLUSD payment ecosystem at the end of March—and represents a key milestone in advancing Bitget Wallet’s Everyday Finance strategy.

Coinbase to List VIRTUAL Spot Trading

Odaily reports, according to an official announcement, Coinbase will list Virtuals Protocol (VIRTUAL) for spot trading on April 29. If liquidity conditions are met and trading is supported, the VIRTUAL trading pair will open at or after 9:00 AM Pacific Time.

Coinbase to Launch VIRTUAL Spot Trading

According to the official announcement, Coinbase will list Virtuals Protocol (VIRTUAL) spot trading on April 29. If liquidity conditions are met and trading is supported, the VIRTUAL-USD trading pair will open at or after 9 a.m. Pacific Time.

Robinhood Receives In-Principle Approval to Launch Brokerage Business in Singapore

According to an official announcement, Robinhood has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to launch brokerage services in Singapore, covering securities trading, exchange-traded derivatives, custody, product financing, and collective investment schemes. Robinhood stated that Singapore will serve as its Asia-Pacific headquarters to support its international expansion. Its subsidiary, Bitstamp Asia Pte. Ltd., already holds a Major Payment Institution (MPI) license issued by the MAS. Note that in-principle approval is not equivalent to a formal license; Robinhood Singapore Pte. Ltd. must still meet relevant conditions before receiving final approval to commence operations.

Coinbase to List DIEM Spot Trading, Launching DIEM-USD Trading Pair

Coinbase announced that Diem (DIEM) spot trading will go live on April 22, 2026. The DIEM-USD trading pair is expected to launch at or after 9:00 a.m. Pacific Time (subject to liquidity conditions) and will be available in supported regions.

Coinbase to List Diem (DIEM)

Odaily News Coinbase announced that it will list Diem (DIEM). Provided liquidity conditions are met and within supported trading regions, the DIEM-USD trading pair will go live at or after 9:00 AM Pacific Time on April 22, 2026.