News linked to both this project and an event.
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.
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.
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.
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)
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)
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.
Odaily Planet Daily reports that the Ministry of Economy and Finance (MOEF) of South Korea plans to pass the "Basic Act on National Assets," updating the national asset management system under the "State Property Act" of 1950, and explicitly include digital assets and intellectual property in the definition of national assets. The MOEF also reiterated its plan to tokenize government bonds via blockchain in a 2027 pilot program to reduce transaction costs. It is also exploring the tokenization of state-owned real estate to facilitate retail investor participation and share part of the returns with the public. This week, the South Korean government announced its economic growth strategy for the second half of 2026, planning to pilot connecting tokenized government bonds to the central bank digital currency (CBDC) infrastructure in 2027, and studying the interoperability of the Bank of Korea (BOK) CBDC infrastructure with other blockchains. On April 16, the MOEF announced that it would use tokenized deposits to execute government operational expenditures, with a full rollout planned for the fourth quarter of 2026. Relevant amendments to South Korea's "Capital Market Act" and "Electronic Securities Act" will take effect on February 4, 2027, legally recognizing blockchain ledgers as valid securities registries.
Odaily Planet Daily reported that HyperliquidNews posted on platform X, stating that the new HIP-3 ticker CXMT was acquired for 500 HYPE, valued at $32,625. The ticker is for Chinese storage chip manufacturer CXMT, which plans to list on IPOP ahead of its anticipated IPO on July 27.
Odaily Planet Daily reported that Anthropic announced it will invest CAD 10 million (approximately USD 7.3 million) into Canadian AI research institutions to support next-generation AI research, safety technology, and the development of responsible AI applications. Anthropic stated that Canada has played a significant role in the modern history of AI development. Institutions such as the University of Toronto, Université de Montréal, and the University of Alberta have driven key breakthroughs in neural networks, deep learning, and reinforcement learning, laying the foundation for the current AI wave. This funding will support several top-tier AI research institutions in Canada, including:Alberta Machine Intelligence Institute (Amii): Supporting research in reinforcement learning, AI trustworthiness, and safety, while promoting the application of AI within key Canadian industries;Mila - Quebec AI Institute: For research in responsible AI, healthcare, sustainability, multi-agent systems, and robotics;Vector Institute: Advancing research in AI safety, health sciences, and the societal applications of AI;CHEO, Centre for Addiction and Mental Health (CAMH): Exploring the application of AI in pediatric healthcare, mental health, and clinical research;Université Laval, University of Toronto, University of Saskatchewan: Supporting research in areas such as large language models, life sciences, food safety, quantum computing, and public services.Additionally, Anthropic will include Amii, Mila, and Vector in its startup support program, providing Claude API credits to hundreds of Canadian AI startups, with each receiving at least USD 5,000 in support.
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.
Odaily Planet Daily – Japan's digital asset issuance and management platform Progmat has completed its migration to the Avalanche blockchain, transferring security token assets worth over 452 billion yen (approximately $2.7 billion) from its existing private permissioned ledger to a dedicated Avalanche Layer 1 network.Progmat stated that this migration was not a simple swap of the underlying ledger but a redesign of the platform's architecture, ensuring the system no longer relies on a single blockchain and laying the foundation for supporting a multi-chain ecosystem in the future.During the migration process, all existing smart contracts were transferred to the EVM environment while maintaining the functionality and rules of already-launched projects. The entire migration process had no impact on the operations of financial institution users, with all business continuing to run normally.According to Progmat, following the migration, the processing speed for transferring asset rights has improved approximately 3 to 5 times compared to the previous environment, with final confirmation times reduced to under 2 seconds.Progmat was initially incubated by Mitsubishi UFJ Trust and Banking, part of one of Japan's largest banks, MUFG, and became independently operated in October 2023. The platform is currently supported by institutions including Mizuho Financial Group, Tokyo Stock Exchange, and SBI Holdings. (The Block)
Odaily Odaily Planet Daily reported that Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that the market has misinterpreted Michael Saylor's adjustments to Strategy Inc.'s bitcoin strategy, and the recent selling pressure stems from confusion over this strategy rather than a change in bitcoin's long-term outlook. Strategy Inc. is shifting bitcoin from being a reserve accumulation asset to serving as collateral to support its STRC preferred stock. Kendrick maintains the bitcoin price forecast of $100,000 by the end of 2026. As of press time, BTC was trading at $64,322.89, and Strategy's stock MSTR closed at $94.64 on Friday. The outstanding notional value of STRC is approximately $10 billion, which Kendrick believes makes the preferred stock heavily overcollateralized due to its bitcoin backing. (Bitcoin.com News).
Odaily Planet Daily: Nasdaq-listed Bitcoin mining company Bitdeer released its latest Bitcoin holdings data on X. For the week ending July 10, its Bitcoin mining output was 227.5 BTC, but it sold 227.5 BTC during the same period, resulting in a net increase of 0 BTC. The company currently maintains zero Bitcoin holdings.
Odaily Planet Daily reported that according to official sources, MGBX will list SPYB (SPY) and WDCB (Western Digital) spot trading at 18:00 (SGT) on July 10, 2026.Deposit opening time: 16:00 (SGT) on July 10, 2026Trading opening time: 18:00 (SGT) on July 10, 2026Withdrawal opening time: 19:00 (SGT) on July 11, 2026
Odaily Planet Daily reported that the U.S. Bureau of Economic Analysis (BEA) recently announced adjustments to some calculation methods for the Personal Consumption Expenditures Price Index (PCE). The relevant changes are expected to be reflected in the data revision scheduled for release on September 30, 2026. Market estimates broadly indicate that this adjustment will likely lower the core PCE inflation rate by approximately 0.2 percentage points. Current data shows that over the 12 months ending May 2026, core PCE inflation stood at 3.4%, remaining above the Federal Reserve's 2% target since March 2021. The BEA's primary adjustments this time focus on three specific sectors: portfolio management and investment advisory services, computer software and accessories, and legal services, modifying their respective price calculation methods.Former Federal Reserve Governor Miran stated in a speech last December that "some of what should have been recorded as an increase in the quantity of service consumption has instead been recorded as a price increase." In May of this year, Miran, along with Fed economists Alessandro Barbarino and Anthony M. Diercks, published a paper analyzing the shortcomings of existing statistical methods, including issues with the measurement of products like portable storage devices and video games. JPMorgan economist Abiel Reinhart remarked, "‘Grand Theft Auto 6’ might also have a chance to influence the U.S. Treasury yield curve."
Odaily Planet Daily reports: According to official sources, Coinbase will list Grove (GROVE). If liquidity conditions are met, the GROVE-USD trading pair will launch later today in supported regions.
Odaily Planet Daily reported that the Trump family-backed Bitcoin mining company American Bitcoin has added 500 BTC to its holdings, bringing its total Bitcoin position to 8,000 coins. (BTCtreasuries)
Odaily Planet Daily reported that Vitalik Buterin stated that Ethereum is preparing for its largest upgrade since The Merge. (Solid Intel)
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.
Odaily Planet Daily reported that Intel adjusted the prices of its PC and server processors on the 3rd. The prices of the Core Ultra 200S Plus and Xeon 6 processors, launched at the end of March, have been increased, while the prices of the Core Ultra 200S processors, released in 2024, have been slightly reduced. The suggested price of the Core Ultra 7 270K Plus has been raised by $50 from its launch price of $299 to $349, and the price of the Core Ultra 5 250K Plus has been increased by $30 to $229. Prices for the server-grade Xeon 6 processors have been raised by up to several thousand dollars, with the suggested price of the Xeon 6980P rising to $13,955. Intel stated that this price adjustment reflects the current market environment, rising supply chain costs, and strong demand for specific product lines. (ZDNet Korea Semiconductor).