News Heat Trend
Project Overview
World is a global identity and financial network designed to provide everyone in the world with a digital identity that proves they are human and a share of the global economy. By utilizing the Orb to verify a person's unique humanness via World ID, the project combines a privacy-preserving digital identity with its native WLD token and World App to build a decentralized infrastructure for the AI era.
Jiangsu Securities Regulatory Bureau: Beware of Illegal Financial Activities Under the Guise of RWA
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
VAST completes approximately 3 billion yuan in financing and releases Tripo P2.0 foundation model
AI 3D company VAST (Sanqi Wanwu) has announced the completion of Series B and Series B+ financing rounds, totaling approximately 3 billion yuan, led by Matrix Partners China. Perfect World, BlueFocus, Singdun Energy Investment, Yanqu Games, ThunderSoft, 37 Interactive Entertainment, as well as CDH VGC, CICC Capital, CMC Capital and others participated as co-investors, with existing shareholders Fortune Capital, Primavera Capital, and Source Code Capital continuing to follow up. According to official sources, VAST has raised approximately 5 billion yuan in cumulative financing in less than six months.It is also reported that VAST has released the latest version of its flagship 3D foundation model, Tripo P2.0, from the Tripo P series. The funds from this round of financing will be invested in the iteration of 3D native models and data capabilities, expansion of training and inference infrastructure, product development, and commercial implementation. (Sina Finance)
JPMorgan: Four Reasons for a Bullish Outlook on US Stocks, September Rate Hike Decision Hinges on CPI
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
Volcengine provides end-to-end data infrastructure for embodied AI companies.
Volcengine unveiled its embodied AI solution at the 2026 World Robot Conference, providing end-to-end closed-loop data capabilities spanning data collection, processing, annotation, management, simulation, and training. Yang Liwei, Vice President of Volcengine, stated that the company is advancing the engineering deployment of core scenarios in partnership with the Seed team. Currently, 15 of China's top 20 embodied AI companies by valuation have established deep collaborations with Volcengine, including Shangwei New Materials, Xinghaitu, Qianxun Intelligence, Zibianliang, Daxiao Robotics, Qiongte Intelligence, and Jubrao Panshi.
Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030
Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)
Turing Award winner Yann LeCun joins $100 million AI fund 224 Ventures
Odaily Odaily News: AIX Ventures co-founder Shaun Johnson has announced the launch of the AI fund 224 Ventures, which currently manages approximately $100 million in assets and plans to invest $1 million to $5 million in AI-native teams. The fund's investment focus covers AI applications, robotics, infrastructure, and core intelligence. The fund has 244 LPs, most of whom come from the AI industry, including researchers, product and engineering leaders, and enterprise AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun, along with former Google DeepMind researcher Oriol Vinyals, have also announced they will join to co-lead the fund.LeCun also currently serves as Executive Chairman of AI startup AMI Labs, a company focused on "World Models" technology, which has completed over $1 billion in seed funding. (Bloomberg)
Jiangsu Securities Regulatory Bureau: Beware of Illegal Financial Activities Under the Guise of RWA
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
Warren to Slam CLARITY Act in Senate, Says New Ethics Provisions Still Have Major Loopholes
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
Trump agrees to relinquish historic moral authority to advance crypto legislation
Trump agreed to include an ethics provision in the Clarity Act that bans senior officials from issuing cryptocurrencies, while also allowing him to continue profiting from World Liberty Financial, breaking the legislative deadlock.
JPMorgan: Four Reasons for a Bullish Outlook on US Stocks, September Rate Hike Decision Hinges on CPI
According to Chaoxiang Research, JPMorgan’s September 6, 2026 research report highlights four reasons supporting a bullish stance on US equities despite heightened volatility in interest rates, exchange rates, and oil prices: strong growth (GDP and EPS forecasts continue to be raised), interest rates are not too high (rising yields reflect economic expansion rather than monetary tightening), the US favors a weak dollar policy, and hedge fund positioning remains neutral to light. August nonfarm payrolls added 162,000 jobs, far exceeding expectations; however, whether to hike rates in September hinges on the September 11 CPI data, with JPMorgan projecting core CPI to rise 0.21% month-over-month. The MSCI World Index has gained 12% year-to-date, while the 10-year US Treasury yield has climbed by only 60 basis points, and earnings growth is currently absorbing valuations.
Trading volume surges nearly 3x, but market access remains restricted after Hyperliquid HIP-4 permissionless deployment of prediction markets
Odaily Odaily News: After Hyperliquid opened third-party permissionless deployment of the HIP-4 prediction market layer on August 29, platform trading volume grew rapidly. In the first 28 days of August, HIP-4 had an average daily trading volume of approximately $545,000. After the permissionless deployment, daily trading volume rose to $1.97 million on August 31, with trading volume over the past 24 hours reaching $2.75 million. The number of active traders increased from 1,256 to 1,841. Prediction market project Outcome currently accounts for nearly 85% of HIP-4's trading volume, and its $1 million trading incentive program has further driven liquidity growth. Hyperliquid's unified account system allows prediction markets to share the same account environment as perpetual contracts and HIP-3 assets, enabling users to hedge perpetual positions using prediction market contracts. Sports prediction markets could become the primary growth space for HIP-4. Previously, during the World Cup, HIP-4-related markets accumulated a total trading volume of $189.5 million, accounting for approximately 3% of global World Cup prediction market trading volume. The main constraint HIP-4 currently faces is regulatory access, rather than on-chain deployment. The U.S. market falls under regulatory frameworks such as the CFTC and SEC, and sports-related prediction markets in particular may trigger gambling-related regulatory scrutiny.
Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
Proposed Sell-Off Schedule for World Liberty Financial Tokens Held by Trump
Trump-affiliated entities' token holdings in the World Liberty Financial (WLFI) project have established a clear timeline for sales. According to disclosures, the holdings are subject to a two-year lock-up period followed by linear vesting over three years.
Over 20 Billion WLFI Tokens Transferred to New Vesting Contract, Trump and Other Founders Gain Future Unlock Path
According to Bitcoin News monitoring, The Washington Sun reported that Trump and other World Liberty Financial founders appear to have transferred over 20 billion WLFI tokens into a new vesting contract, replacing the previous indefinite lock-up arrangement and setting a path for future liquidity. On May 19, four wallets simultaneously transferred their holdings into this contract. One allocation matched Trump's disclosed holdings, while the other three allocations are believed to correspond to his family members' holdings. Under governance rules passed in May, founders could choose to continue the indefinite lock-up or adopt a new schedule: burn 10% of their allocation, undergo a two-year lock-up period, and then gradually unlock the remaining tokens over three years. These tokens cannot currently be sold. World Liberty Financial denies that these transfers are preparations for a sale.
AMD Overtakes Qualcomm to Become the World's Third-Largest Fabless Semiconductor Company
Citrini analyst jukan posted on X platform that AMD has overtaken Qualcomm to become the world's third-largest fabless semiconductor company.
Justin Sun: Court dismisses World Liberty's request to refer his personal claims to arbitration; related litigation will be heard publicly.
Justin Sun stated that he previously invested $45 million to purchase WLFI tokens, and accused World Liberty of subsequently using smart contract permissions to freeze and restrict his tokens, while also threatening to destroy related assets. He noted that the claims in the ongoing lawsuit currently amount to hundreds of millions of dollars, and that he has already obtained a court order prohibiting World Liberty from destroying, redistributing, or otherwise permanently disposing of his related tokens.
After a 30-day silence, the Trump-backed World Liberty Financial team wallet transferred 39 million WLFI tokens, worth $2.33 million, to Bybit
Odaily News: According to Onchain Lens monitoring, the Trump-backed World Liberty Financial team wallet (0xE853...D5743) transferred 39 million WLFI tokens, worth $2.33 million, to Bybit after a 30-day pause. The wallet had received the same amount of WLFI from the WLFI treasury two days prior.
100 million WLFI transferred to Binance; Trump-affiliated World Liberty Financial cumulatively transferred $5.3 million today
Odaily News: According to Onchain Lens monitoring, a treasury wallet of Trump-affiliated World Liberty Financial first transferred 50 million WLFI to a new address, which subsequently moved the funds to Binance. On the same day, the treasury also transferred another 50 million WLFI directly to a Binance deposit address. A total of 100 million WLFI, approximately $5.3 million, has been transferred to Binance today.
Warren to Slam CLARITY Act in Senate, Says New Ethics Provisions Still Have Major Loopholes
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
Polymarket probability of "Next round of US-Iran peace talks before August 31" rises to 51%, up 17% in 24 hours
Monitoring from the PPP Prediction Market Tool shows that the probability of "Next round of US-Iran peace talks before August 31" on Polymarket has risen to 51%, up 17% in 24 hours; the probability of talks occurring before August 15 has risen to 27%, up 13% in 24 hours.Trump posted on social media today stating that he received a request from Iran to delay the attack and agreed to cancel the strike on Iran in exchange for an agreement. He noted that the U.S. is prepared to confront Iran with a level of military deterrence, strength, and capability unseen since World War II, as a framework for an agreement has already been reached. This framework includes the immediate, complete, and full reopening of the Strait of Hormuz, as well as ending Iran's nuclear threat. Based on this request, he agreed to cancel the attack for the future interests of the world and the survival of a successful and prosperous Iran, provided that an agreement can be reached promptly.Join the PPP Signal Push Community to stay ahead and seize the initiative.
HTX Genesis Hackathon Attracts Over 30 Top University Teams from Home and Abroad to Compete
According to official social media announcements, the HTX Genesis Hackathon, hosted by HTX DAO and B.AI and co-organized by OpenCSG, TinTinLand, and OpenCity, has entered the initial screening phase. Over 100 developer teams have registered to participate, including teams from more than 30 top universities across 22 cities globally, such as Tsinghua University, Fudan University, National University of Singapore, the University of Edinburgh, and others. Reportedly, the total prize pool for this event reaches 20,000 USDT, with over $100,000 in computing power support provided. Participating teams will innovate in areas including $HTX application scenarios, B.AI ecosystem applications and computing power services, AI Agent finance, on-chain asset management, trading infrastructure, DAO tools, and intelligent financial operating systems. The HTX Genesis finals will be held offline on July 19 during the Shanghai WAIC World Artificial Intelligence Conference.
Trump’s Financial Disclosures Fuel Crypto Ethics Controversy; Democrats Demand Inclusion of Restrictive Clauses
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.
HTX Genesis Hackathon has attracted over 90 registered teams
According to an official social media announcement by HTX DAO, the HTX Genesis Hackathon—organized by HTX DAO and B.AI, and co-organized by OpenCSG, TinTinLand, and OpenCity—has attracted over 90 teams to register. The total prize pool for this event amounts to 20,000 USDT, with over $100,000 in computing power support provided. The hackathon aims to encourage developers to explore use cases centered around $HTX applications, B.AI ecosystem applications and computing services, AI Agent finance, on-chain asset management, trading infrastructure, DAO tools, and intelligent financial operating systems. Winning teams will receive cash prizes, computing resources, ecosystem support, introductions to investment firms, community exposure, and follow-up grant funding. Registration for HTX Genesis closes on July 5, and the final competition will be held offline during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 17–18.
A smart money address purchased $1.1 million on Sweden defeating Tunisia in the World Cup group stage
According to monitoring by Odaily Seer Prophecy Channel, in the Polymarket prediction event for "2026 World Cup Group F Round 1: Sweden vs. Tunisia," a smart money address (0x8cb4ca5af7d9361322340bb307a828d288c91057) that has accumulated over $1 million in profit purchased more than $1.1 million on Sweden defeating Tunisia, with an average entry price of 51.7¢ and a position of 2,139,999.7 shares.The match between Sweden and Tunisia began today at 10:00. Sweden holds an advantage in overall strength and attacking power. The first half has concluded with Sweden leading Tunisia 2:1.Odaily Seer Prophecy Channel continues to monitor the prediction market, spotting changes before prices are set.
World's First Bitcoin-Backed Digital Credit ETF Launches on B3, OranjeBTC Targets ~18% Annualized Yield
According to BitcoinTreasuries.NET on X, OranjeBTC (OBTC3) has launched DIGY11 on B3, Brazil's largest stock exchange — the world's first Bitcoin-backed digital credit-themed ETF. The ETF targets an annualized yield of approximately 18%, paid monthly.
Jiangsu Securities Regulatory Bureau: Beware of Illegal Financial Activities Under the Guise of RWA
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
VAST completes approximately 3 billion yuan in financing and releases Tripo P2.0 foundation model
AI 3D company VAST (Sanqi Wanwu) has announced the completion of Series B and Series B+ financing rounds, totaling approximately 3 billion yuan, led by Matrix Partners China. Perfect World, BlueFocus, Singdun Energy Investment, Yanqu Games, ThunderSoft, 37 Interactive Entertainment, as well as CDH VGC, CICC Capital, CMC Capital and others participated as co-investors, with existing shareholders Fortune Capital, Primavera Capital, and Source Code Capital continuing to follow up. According to official sources, VAST has raised approximately 5 billion yuan in cumulative financing in less than six months.It is also reported that VAST has released the latest version of its flagship 3D foundation model, Tripo P2.0, from the Tripo P series. The funds from this round of financing will be invested in the iteration of 3D native models and data capabilities, expansion of training and inference infrastructure, product development, and commercial implementation. (Sina Finance)
AI Agent's Next Stop: From "Generating" to "Executing" – X-Agent Explores Automation of Real-World Tasks
Odaily News – While "Vibe Coding" has enabled more people to generate applications using natural language, the next competitive frontier for AI Agents is shifting toward a harder challenge: how to truly accomplish a real-world task that spans multiple platforms and services, involving budgets and authorizations.In X-Agent's latest Medium article, "Beyond Vibe Coding, Toward Agentic Execution," the team uses "booking a trip to Tokyo" as an example to outline its exploration of Agentic Execution. Users would no longer need to switch back and forth between flight, hotel, and payment pages; instead, they would initiate the task with a single request, and the AI would coordinate search, comparison, confirmation, and subsequent execution. Throughout the process, the user retains control over destination, budget, terms, and final authorization.However, the gap between "recommending options" and "delivering reliable execution" still involves a whole set of infrastructure challenges. Price fluctuations, login verifications, order timeouts, and partially successful bookings all require the Agent to preserve task state, distinguish between confirmed and unconfirmed results, and pause to re-request user authorization when needed—rather than blindly retrying or spending automatically.To address this direction, X-Agent proposes decoupling and coordinating four types of capabilities—conversation, task, execution, and events—while exploring different execution pathways such as WebMCP, APIs, MCP tools, browser automation, and Computer Use. The core principle is: tools can help Agents act, but they must not bypass user permissions, budget limits, or result verification.X-Agent notes that the article currently describes a product direction still under exploration and validation, rather than a general-purpose booking capability that has already been launched. The goal is to advance AI from "understanding and generating" toward "completing tasks under user control," gradually making natural language a new gateway connecting real-world services with digital execution.
Gate launches "FOMO Hunter" zone, enabling one-stop on-chain Meme trading with 0 Gas fees
Odaily News: Gate has officially launched a new one-stop on-chain trading product, "FOMO Hunter," aggregating hot multi-chain assets and Meme trading scenarios. It covers multiple major public chains including Robinhood, SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, supporting hot Memes, promising small-cap tokens, and various other types of on-chain assets.In terms of trading fees, "FOMO Hunter" applies a unified 0.5% buy and sell fee rate. Users trading Robinhood Chain assets through "FOMO Hunter" can also enjoy a limited-time Gas (network fee) waiver. For the trading experience, users can directly trade on-chain using their Gate account assets without needing to create or connect a wallet, or frequently transfer assets or switch networks. They can also query real-time quotes and K-line charts via token names or contract addresses, enabling "search-to-trade." Additionally, "FOMO Hunter" focuses on a Meme social trading ecosystem, supporting features such as Callout leaderboards, KOL leaderboards, and active account displays. Furthermore, leveraging Gate's deep liquidity and high-performance matching engine, it further enhances on-chain trade execution efficiency while reducing wait times and slippage.This launch further lowers the barrier for users to participate in on-chain trading and enriches Gate's Web3 asset trading scenarios. Going forward, Gate will continue to improve its on-chain trading infrastructure and product experience, providing users with more convenient and diversified Web3 trading services.
Trading volume surges nearly 3x, but market access remains restricted after Hyperliquid HIP-4 permissionless deployment of prediction markets
Odaily Odaily News: After Hyperliquid opened third-party permissionless deployment of the HIP-4 prediction market layer on August 29, platform trading volume grew rapidly. In the first 28 days of August, HIP-4 had an average daily trading volume of approximately $545,000. After the permissionless deployment, daily trading volume rose to $1.97 million on August 31, with trading volume over the past 24 hours reaching $2.75 million. The number of active traders increased from 1,256 to 1,841. Prediction market project Outcome currently accounts for nearly 85% of HIP-4's trading volume, and its $1 million trading incentive program has further driven liquidity growth. Hyperliquid's unified account system allows prediction markets to share the same account environment as perpetual contracts and HIP-3 assets, enabling users to hedge perpetual positions using prediction market contracts. Sports prediction markets could become the primary growth space for HIP-4. Previously, during the World Cup, HIP-4-related markets accumulated a total trading volume of $189.5 million, accounting for approximately 3% of global World Cup prediction market trading volume. The main constraint HIP-4 currently faces is regulatory access, rather than on-chain deployment. The U.S. market falls under regulatory frameworks such as the CFTC and SEC, and sports-related prediction markets in particular may trigger gambling-related regulatory scrutiny.
Related news
World's First Bitcoin-Backed Digital Credit ETF Launches on B3, OranjeBTC Targets ~18% Annualized Yield
According to BitcoinTreasuries.NET on X, OranjeBTC (OBTC3) has launched DIGY11 on B3, Brazil's largest stock exchange — the world's first Bitcoin-backed digital credit-themed ETF. The ETF targets an annualized yield of approximately 18%, paid monthly.
Jiangsu Securities Regulatory Bureau: Beware of Illegal Financial Activities Under the Guise of RWA
The Jiangsu Securities Regulatory Bureau issued a risk warning stating that recently, some institutions and individuals have been hyping the concept of Real-World Asset tokenization (RWA), attracting public investment with claims such as "backed by real assets," "principal guaranteed with high returns," and "low risk with stable appreciation." Such behavior may involve illegal criminal activities including illegal fundraising, fraud, and money laundering. Regulatory authorities emphasize that conducting financing activities under the name of RWA within mainland China constitutes illegal financial activity. Investors should enhance their risk awareness, stay away from related illegal financial temptations, and promptly report any suspicious clues to the competent authorities or file a report with the public security organs upon discovery.
Warren to Slam CLARITY Act in Senate, Says New Ethics Provisions Still Have Major Loopholes
Odaily News: U.S. Senate Banking Committee ranking Democrat Elizabeth Warren will deliver a speech on the Senate floor Monday evening, attacking the ethics provisions in the latest revised text of the CLARITY Act. Warren will call the provision a "weak fig leaf," arguing that it still contains major loopholes and fails to effectively restrict U.S. President Trump from profiting through crypto ventures such as World Liberty Financial.Previously, Senate Republicans unveiled the latest revised text of the CLARITY Act on Sunday evening, adding new ethics rules that include allowing state attorneys general to enforce the relevant provisions and prohibiting the president and other senior government officials from issuing digital assets. The Senate is expected to hold a key procedural vote Tuesday afternoon to advance the bill, which requires at least 60 votes in favor to move forward. (CNBC)
Proposed Sell-Off Schedule for World Liberty Financial Tokens Held by Trump
Trump-affiliated entities' token holdings in the World Liberty Financial (WLFI) project have established a clear timeline for sales. According to disclosures, the holdings are subject to a two-year lock-up period followed by linear vesting over three years.
Trump agrees to relinquish historic moral authority to advance crypto legislation
Trump agreed to include an ethics provision in the Clarity Act that bans senior officials from issuing cryptocurrencies, while also allowing him to continue profiting from World Liberty Financial, breaking the legislative deadlock.
Over 20 Billion WLFI Tokens Transferred to New Vesting Contract, Trump and Other Founders Gain Future Unlock Path
According to Bitcoin News monitoring, The Washington Sun reported that Trump and other World Liberty Financial founders appear to have transferred over 20 billion WLFI tokens into a new vesting contract, replacing the previous indefinite lock-up arrangement and setting a path for future liquidity. On May 19, four wallets simultaneously transferred their holdings into this contract. One allocation matched Trump's disclosed holdings, while the other three allocations are believed to correspond to his family members' holdings. Under governance rules passed in May, founders could choose to continue the indefinite lock-up or adopt a new schedule: burn 10% of their allocation, undergo a two-year lock-up period, and then gradually unlock the remaining tokens over three years. These tokens cannot currently be sold. World Liberty Financial denies that these transfers are preparations for a sale.