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Planet

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Open-source software for publishing and following web content

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Planet is a free and open-source tool for publishing and following web content. It does not rely on a central server or service, but instead uses IPFS for peer-to-peer content distribution. Users can also link content to an Ethereum Name (e.g. yourname.eth), so that others can follow them on Planet using their .eth name.

Anthropic is Reportedly Targeting October for IPO, Investment Banks Have Arranged Pre-Communications with Investors

OdailyOdaily Planet Daily reports that Anthropic, the developer of the AI model Claude, is advancing plans for a large-scale IPO. Underwriter investment banks including Morgan Stanley, Goldman Sachs, and JPMorgan Chase have arranged preliminary meetings between the company's management and investors to gauge institutional investor interest and investment scale. Anthropic's goal is to go public as early as October. If the listing proceeds as planned, the company could enter the securities market ahead of its competitor, OpenAI. Anthropic raised $65 billion in its Series H financing in May, with a post-money valuation of $965 billion; its valuation in the over-the-counter market has already reached approximately $1.2 trillion. Measures by the U.S. government remain a variable factor.The U.S. Department of War listed Anthropic as a national security "supply chain risk" enterprise in March, and Anthropic has sued the federal government over the measure; the U.S. Department of Commerce restricted foreign access to the top-tier AI models Fable 5 and Mythos 5 in June, lifting the export controls 18 days later.

Paradis Labs: Agility Plans Fourth Quarter SPAC Listing via CCXI, with Approximately $640 Million in Private Placement

Odaily Odaily Planet Daily reports that Paradis Labs announced on the X platform that Agility plans to go public via a SPAC merger with CCXI around the fourth quarter, with its stock ticker changing to AGLT. Its private placement fundraising amounts to approximately $640 million, with support from investors including AMZN, NVDA, SoftBank, DCVC, among others. Approximately 100 Digit humanoid robots have been deployed across 9 facilities including those of AMZN, GXO, Schaeffler, Toyota, and MELI. In Schaeffler's 8 deployed units and GXO's 3 pre-booked deployments, accuracy rates stand at around 98%. Agility states that the payback period for owning one Digit humanoid robot is approximately 1.1 years. Orders for Digit v5 exceed $300 million, with the version slated for release in 2026; the pipeline includes over 30 customers.Agility is the first company to utilize NVDA Halos for full-stack robotics safety. Its RoboFab facility in Oregon has an annual production capacity exceeding 10,000 units, with approximately 75% of components sourced from the United States. As annual production scales up to over 10,000 units, the bill of materials cost is expected to drop from $125,000 to approximately $15,000 to $20,000. Paradis Labs indicates that, combining technology and commercialization, Agility is the most advanced among Western humanoid robot OEMs; Figure's deployment at BMW remains controversial, TSLA currently does not sell any units externally, Apptronik has no current deployments, and Boston Dynamics has robotic products but its public listing progress is slower, with no customers expected at least until 2027.

Bubblemaps: The Largest Single Address in Ansem's ANSEM Airdrop Received 1% of the Total Supply

Odaily Planet Daily reports: In response to the recent dramatic volatility of the ANSEM token, on-chain analytics platform Bubblemaps released airdrop distribution data on X. Crypto KOL Ansem distributed approximately $6.7 million worth of ANSEM tokens to over 700 wallets. The data shows:1 wallet received over $1 million worth of tokens;6 wallets received over $100,000 each;40 wallets received over $10,000 each; approximately 300 wallets received over $1,000 each;And about 400 wallets received allocations worth approximately $150 each.Analysis indicates that the largest single receiving address obtained 10 million ANSEM, accounting for about 1% of the total supply, corresponding to a value of approximately $1 million at a $100 million fully diluted valuation (FDV).

Jefferies: Samsung Electronics May Follow SK Hynix by Listing ADRs to Boost Valuation

Odaily Odaily Planet Daily reports that global semiconductor companies are seeking opportunities for valuation restructuring during this cyclical upturn. SK Hynix's issuance of ADRs in the United States can be seen as one of the landmark moves, which is also expected to trigger follow-ups from more companies within the industry. Jefferies stated that Samsung Electronics may follow SK Hynix's lead by listing ADRs to enhance its valuation. He also added that chip stocks are at a turning point, and ADRs will serve as an important catalyst to drive their valuations. (Moomoo)

SUI Group Expands Strategic Partnership with Bluefin, Adding 4 Million SUI Loan to Support DeFi Ecosystem

Odaily Planet Daily reported that NASDAQ-listed SUI Group Holdings Limited announced the expansion of its strategic lending partnership with Bluefin, a decentralized exchange on the Sui ecosystem. According to the revised digital currency loan agreement, SUI Group will lend an additional 4 million SUI to Bluefin, bringing the total loan size to 6 million SUI. At the same time, the company has increased the revenue sharing ratio from the original 5% to 11%, payable in SUI. The new funds will be used to support Bluefin's participation in the financing transaction for Bluewater's acquisition of Suilend, the latter being the largest lending and DeFi platform on the Sui blockchain. (Businesswire)

<p>Opinion: Investing in SpaceX’s IPO Is a High-Stakes Bet, Similar to Early Cryptocurrency Investments</p><odynamic-translate-split><p>Odaily Planet Daily News: Christophe Boucher, Chief Investment Officer at ABN AMRO Investment Solutions, stated that pa

荷兰银行旗下 ABN Amro Investment Solutions 的首席投资官 Christophe Boucher 表示,参与 SpaceX 首次公开募股,类似于大约 15 年前买入加密货币,要么可能损失全部本金,要么可能获得指数级的回报。尽管有理由对埃隆·马斯克为 SpaceX 设定的约 1.8 万亿美元目标估值持怀疑态度,但仍需考虑其风险回报比。(Citywire)

Earnings provisions or adjustments; CLARITY Act faces banking lobby and some Republican opposition

Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.

RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years

Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.

Sen. Chris Murphy will vote against the CLARITY Act

Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Sen. Chris Murphy said he will vote against the CLARITY Act and claimed that President Trump is still a major participant in the crypto industry while regulating it, which is "fundamentally corrupt."

Fidelity Investments Urges U.S. Senate to Pass the Clarity Act

Odaily Planet Daily reported that Bitcoin News posted on X, stating that Fidelity Investments is calling on the U.S. Senate to pass the Clarity Act, emphasizing that clear regulatory frameworks are essential for building investor trust and securing U.S. leadership in the digital asset industry.

Coinone Major Shareholder Change Approved: OKX Ventures and Korea Investment &amp; Securities Complete New Shareholder Structure Filing

Odaily Planet Daily reported that South Korean cryptocurrency exchange Coinone announced on July 22 that it had received approval from the Korea Financial Intelligence Unit (FIU) to complete its major shareholder change declaration, formally establishing a new shareholder structure centered around Korea Investment & Securities, OKX Ventures, and Com2uS Holdings. Coinone stated that it will leverage the enhanced compliance and technical capabilities of its new shareholders to upgrade digital asset trading services and accelerate its transition into a comprehensive blockchain financial platform. (EDaily)

Dutch crypto platform Knaken declared bankrupt by court, investigation launched into disappearance of over 7 million euros in user assets

Odaily Planet Daily reported that the District Court of Rotterdam, Netherlands, has declared the cryptocurrency trading platform Knaken Cryptohandel BV and its affiliated foundation bankrupt. Earlier, the public prosecutor's office stated that approximately 7 million euros (around 8 million US dollars) in client assets from the platform are unrecoverable. The court ruled on Thursday that since Knaken has suspended its platform services and restricted user access to accounts, initiating bankruptcy proceedings will facilitate an orderly liquidation of the company's assets. The court noted that the company's current assets are insufficient to fully repay user funds, and users also lack sufficient information to assess their own legal rights.The Dutch Public Prosecution Service filed the bankruptcy petition on June 30, having already launched a criminal investigation into the missing funds. The Dutch Fiscal Information and Investigation Service (FIOD) also raided Knaken's offices in late June, seizing related equipment and assets.Knaken was founded in 2017, headquartered in Rotterdam, and ceased operations in early June this year. According to Dutch media NL Times, the company was not listed on the register of authorized crypto asset service providers maintained by the Netherlands Authority for the Financial Markets (AFM).The AFM previously stated that after the Netherlands concluded the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA) on June 30, 2025, it has begun taking regulatory and enforcement actions against unauthorized crypto asset service providers. (Cointelegraph)

Value of $172 million: A whale staked 2.93 million HYPE, now making a profit of approximately $44.5 million

Odaily Planet Daily reported that, according to Lookonchain monitoring, over the past 24 hours, 19 wallets possibly belonging to the same whale deposited and staked 2.93 million HYPE, valued at $172 million, into Hyperliquid. The whale accumulated 2.93 million HYPE 9 months ago at an average price of $44, and is currently sitting on a profit of approximately $44.5 million.

3 months after inactivity, a whale bought 27,000 ETH worth $52.03 million through Galaxy Digital OTC 4 hours ago

Odaily Planet Daily reported that according to Lookonchain monitoring, a whale, after 3 months of inactivity, bought 27,000 ETH worth $52.03 million through Galaxy Digital OTC 4 hours ago.

Blockworks: There are currently about 250 active liquid funds in the industry

Odaily Planet Daily reported that well-known trader Ansem asked data providers such as Blockworks on X: "Has anyone counted how many liquid funds there are in the crypto space and how large their assets under management (AUM) are?"Blockworks co-founder Jason Yanowitz replied: "I guess there are about 800 globally. I have 470 on my list (there were 1500 back in early 2022), but there might be another 40%-50% of funds that haven't disclosed information. For now, about 250 are active, but most have very small AUM, like small funds managed by two founders with maybe just $10 million in assets... Most of the AUM is actually concentrated in a handful of funds."

A trader shorts CASHCAT, gaining $529,000 in unrealized profit in two days

Odaily Planet Daily reported that according to Lookonchain monitoring, a trader started shorting CASHCAT two days ago and has currently accumulated an unrealized profit of $529,000.

U.S. Senate Unanimously Passes Resolution Opposing Administrative Pardon for Sam Bankman-Fried

OdailyOdaily Planet Daily News The U.S. Senate has passed a resolution opposing an administrative pardon for former FTX CEO Sam Bankman-Fried. The non-binding measure states that Bankman-Fried should not receive an administrative pardon and reaffirms the Senate's commitment to the rule of law and the integrity of the U.S. financial system. The resolution was introduced by Senator Ruben Gallego on June 17, with Senator Cynthia Lummis as a co-sponsor, opposing any federal pardon for Bankman-Fried, including a presidential pardon or commutation of sentence. A simple Senate resolution does not require approval from the House of Representatives or the President and carries no legal force. Bankman-Fried was sentenced to 25 years in federal prison in March 2024 on charges of fraud and conspiracy related to the collapse of FTX in 2022. Speculation intensified after he applied for a pardon from Donald Trump in June 2026, with Department of Justice records showing the request is pending. Polymarket traders currently place the probability of Donald Trump pardoning Bankman-Fried before July 31 at less than 1%. The trading volume for this market exceeds $734,000.

BlackRock’s AUM Reaches $15.3 Trillion, Files for Tokenized Money Market Fund Registration

Odaily Planet Daily reports that BlackRock’s second-quarter revenue increased 31% year-over-year to $7.1 billion, with adjusted operating income up 39% to $2.9 billion. AUM reached $15.3 trillion, with net inflows of $868 billion over the past 12 months. BlackRock has filed two registration statements with the U.S. Securities and Exchange Commission (SEC) for tokenized money market funds. One proposal aims to create a tokenized share class for an existing fund on Ethereum, while the other is a digital-native strategy. BlackRock’s iShares ETF platform has AUM exceeding $6 trillion, with net inflows of $178 billion in the second quarter. Its digital asset-related AUM stands at approximately $110 billion, with the iShares Bitcoin Trust, Ethereum Trust, and BUIDL remaining the largest products in their respective categories. BlackRock also manages the $60 billion in reserves of stablecoin issuer Circle. The company has increased its 2026 stock buyback plan to $2 billion and repurchased $450 million worth of shares in the second quarter.

Robinhood CEO Vlad Tenev's X account was hacked

Odaily Planet Daily reported that Onchain Lens stated on the X platform that Robinhood CEO Vlad Tenev's X account was hacked.

Balance Coin Plunges Over 99%, 42DAO Allegedly Hit by $915,000 Attack

Odaily Planet Daily reported that the algorithmic stablecoin Balance Coin dropped from $0.9954 to $0.001358, a decline of over 99%. The stablecoin is the native algorithmic stablecoin of the Balance Protocol, designed to maintain a peg to the US dollar. Blockchain security firm PeckShield stated that the depegging occurred following an exploit of the decentralized autonomous organization 42DAO, which governs the Balance Protocol and its BLC token, resulting in a $915,000 loss. TenArmor reported detecting suspicious attacks involving GemJoin and 42DAO on the BNB Chain.

Starknet Launches Compliant Privacy Framework STRK20

According to Odaily Planet Daily, Ethereum ZK Layer2 Starknet has officially launched the compliant privacy framework STRK20, providing native privacy transaction capabilities for various digital assets on-chain. The framework operates based on a privacy pool mechanism. Once user assets are deposited into the privacy pool, all transactions are encrypted, with details such as transfer addresses and amounts being invisible to the outside. Developers can quickly integrate this privacy system using the accompanying SDK and wallet API, catering to the private transfer needs of various ERC-20 assets. STRK20 incorporates a complete compliance process: users must undergo pre-screening before entering the privacy pool; only upon receiving a legally effective formal query request and after an independent assessment, will the platform selectively disclose specific users, corresponding time periods, or designated transfer records, without revealing the private data of unrelated users.

Humanity Protocol Shifts to Enterprise AI Business After $36 Million Attack

Odaily Planet Daily reported that Humanity Protocol founder Terence Kwok stated that after suffering a hacker attack of approximately $36 million, which caused the H token to plummet, the project is realigning its strategic direction, gradually shifting from a "decentralized identity + blockchain project" to enterprise-grade AI products and services. It is reported that Humanity Protocol will place less emphasis on the blockchain identity narrative in the future, instead focusing on developing enterprise AI-related products and services. (The Block)

curl fixes 18 security vulnerabilities, upgrade curl/libcurl as soon as possible and assess related risks

Odaily Planet Daily reported that 23pds, Chief Information Security Officer of SlowMist, posted on X, stating that Curl has fixed 18 security vulnerabilities involving authentication bypass, memory safety, and host verification issues. One of the libcurl vulnerabilities has existed for approximately 25 years. The risks affect a wide range of applications, SDKs, containers, firmware, gateways, and CI/CD environments that rely on libcurl. It is recommended to upgrade curl/libcurl as soon as possible and check for the use of outdated libcurl versions, with particular attention to mTLS, proxy authentication, and connection reuse scenarios.

OpenAI Releases Full Version of GPT-5.5-Cyber, Outperforms Mythos 5 on CyberGym Benchmark

OpenAI announced an upgrade to its Daybreak network defense toolchain, officially launching the full version of the GPT-5.5-Cyber model tailored for cybersecurity defense scenarios.In the CyberGym benchmark test, which evaluates the ability of AI agents to reproduce known vulnerabilities, GPT-5.5-Cyber achieved a single-model score of 85.6%, surpassing GPT-5.5’s 81.8% and Anthropic Mythos 5’s 83.8%.OpenAI stated that as AI significantly enhances the efficiency of vulnerability discovery, the core bottleneck in cybersecurity is shifting from "finding vulnerabilities" to "automatically fixing them." To this end, the company has simultaneously upgraded the Codex Security plugin, enabling developers to automatically analyze vulnerabilities and generate fix patches within the Codex environment. Since the preview release in March this year, Codex Security has scanned over 30 million code commits and autonomously confirmed fixes for 500,000 security defects. The new version also supports CodeQL query integration and SARIF standard file export.Additionally, OpenAI has partnered with organizations such as Trail of Bits and HackerOne to launch the "Patch the Planet" open-source security project. This initiative provides ChatGPT Pro subscriptions and API credits to over 30 major open-source projects, including cURL and Go, with security expert teams manually verifying patch quality. Regarding the Daybreak partner program, security vendors such as Palo Alto Networks and Wiz have already integrated the relevant capabilities.

Earnings provisions or adjustments; CLARITY Act faces banking lobby and some Republican opposition

Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.

Polymarket crypto up/down market settlement to switch to TWAP, adding $1 million in liquidity rewards in August

Odaily Planet Daily reported that Polymarket has announced that, to enhance the manipulation resistance of its cryptocurrency up/down prediction markets, affected markets will transition from single price snapshot settlement to Time-Weighted Average Price (TWAP) settlement starting from 00:00 UTC on August 7. Specifically, the 5-minute markets will adopt a 30-second TWAP, while the 15-minute and 4-hour markets will adopt a 60-second TWAP.Additionally, the platform will provide a total of $1 million in liquidity rewards for the relevant markets throughout August. Chainlink's TWAP testnet data feed is now live, with the mainnet data feed and Polymarket's Real-Time Data Streams (RTDS) scheduled to go live on August 4, 2026.

RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years

Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.

Coinone Major Shareholder Change Approved: OKX Ventures and Korea Investment &amp; Securities Complete New Shareholder Structure Filing

Odaily Planet Daily reported that South Korean cryptocurrency exchange Coinone announced on July 22 that it had received approval from the Korea Financial Intelligence Unit (FIU) to complete its major shareholder change declaration, formally establishing a new shareholder structure centered around Korea Investment & Securities, OKX Ventures, and Com2uS Holdings. Coinone stated that it will leverage the enhanced compliance and technical capabilities of its new shareholders to upgrade digital asset trading services and accelerate its transition into a comprehensive blockchain financial platform. (EDaily)

Robinhood responds to controversy over supporting Trump accounts: Not encouraging speculation, but aiming to expand financial inclusion

Odaily Planet Daily: Market critics suggest that Robinhood's involvement in supporting Trump accounts may induce young and inexperienced investors to engage in gambling-like trading. Especially as new trading products, such as prediction markets (including push notifications, visual effects, and gamification elements), enter the platform, discussions about whether it may induce excessive trading among users remain unresolved. In response, Robinhood CEO Vlad Tenev stated that this move is not to encourage speculation, but to expand financial inclusion and help more American families participate in long-term investments. Robinhood has adjusted some product designs and is attempting to transform from a "speculative trading platform" into a broader financial services company. (New York Times)

The text of the CLARITY Act is expected to be released after a meeting with Trump on Thursday

Odaily Planet Daily: The text of the CLARITY Act is expected to be released after a meeting with Trump on Thursday, and Senate Democrats have expressed their opposition to the bill.

Related news

Earnings provisions or adjustments; CLARITY Act faces banking lobby and some Republican opposition

Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.

Strategy CEO says the company's focus is to bring STRC back to par value

Odaily Planet Daily reported that BitcoinTreasuries.NET posted on X platform, stating that Strategy MSTR CEO Phong Le said, "Bringing STRC back to par value is the company's priority. We will increase dollar reserves, maintain the dividend yield, and repurchase STRC when appropriate to achieve this goal."

Multicoin is long Robinhood (HOOD), and HOOD is the firm's largest stock position

Odaily Planet Daily reports that Shayon Sengupta, General Partner at Multicoin Capital, revealed on the Hood House podcast that the firm is long Robinhood (HOOD), and HOOD is currently its largest public market stock position.

Polymarket crypto up/down market settlement to switch to TWAP, adding $1 million in liquidity rewards in August

Odaily Planet Daily reported that Polymarket has announced that, to enhance the manipulation resistance of its cryptocurrency up/down prediction markets, affected markets will transition from single price snapshot settlement to Time-Weighted Average Price (TWAP) settlement starting from 00:00 UTC on August 7. Specifically, the 5-minute markets will adopt a 30-second TWAP, while the 15-minute and 4-hour markets will adopt a 60-second TWAP.Additionally, the platform will provide a total of $1 million in liquidity rewards for the relevant markets throughout August. Chainlink's TWAP testnet data feed is now live, with the mainnet data feed and Polymarket's Real-Time Data Streams (RTDS) scheduled to go live on August 4, 2026.

RL1 Blockchain Network Launches Operations, Underlying Platform Processes Over €700 Million in Transactions in Three Years

Odaily Planet Daily: Ten European financial institutions have jointly launched Regulated Layer One (RL1), a network established as a European Cooperative in Luxembourg that has commenced operations, targeting regulated financial markets and tokenized assets. RL1 founding members include ABN AMRO, Cecabank, Chartered Investment, Crédit Mutuel Alliance Fédérale, DekaBank, DZ BANK, LBBW, Natixis CIB, SC Ventures, and Seturion. RL1 stated that each member holds equal decision-making power over the network's governance and development. This permissioned private network is built on infrastructure developed by German fintech company Secure Worldwide Interbank Asset Transfer (SWIAT), which has transferred ownership of the network to the cooperative. SWIAT stated that during its three-year production phase, the platform processed over 50 transactions with a total value exceeding €700 million. RL1's intended use cases include digital currencies, tokenized bonds, collateral, and blockchain-based settlement. RL1 will be led by former SWIAT Managing Director Henning Vollbehr. KfW and L-Bank will continue to support the initiative, and RL1 is in discussions with additional institutions such as NatWest regarding joining the network.

Sen. Chris Murphy will vote against the CLARITY Act

Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Sen. Chris Murphy said he will vote against the CLARITY Act and claimed that President Trump is still a major participant in the crypto industry while regulating it, which is "fundamentally corrupt."