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News linked to both this project and an event.

"Clarity Act" Legislation Hits Stalemate, Bipartisan Senators Submit New Ethics Compromise Proposal to the White House

According to The Block, bipartisan Senators Thom Tillis (Republican) and Ruben Gallego (Democrat) submitted a new ethics compromise proposal to the White House on Thursday morning local time, attempting to break the deadlock in advancing the Clarity Act cryptocurrency legislation. Currently, there is less than a week left until the Senate recesses on August 7, but the bill still has not obtained the 60 votes required for passage. Democrats insist on adding stricter ethics provisions to constrain the Trump family's crypto interests, including the Meme coins they issued and the World Liberty Financial project in which the family participates, while some Republican senators have objections to the stablecoin interest provisions, worrying that it will divert deposits from traditional banks to the crypto sector. Although the draft leaked last week prohibited public officials and their spouses from issuing digital assets, it did not cover other family members, and included a "sunset clause" expiring in January 2029, which critics believe essentially nullifies the entire ethics provision. Treasury Secretary Scott Bessent subsequently blamed the Democrats on X, stating that they "chose political gaming on the verge of a major victory". The Crypto Innovation Committee (CCI) warned that if the bill fails to pass, the US will hand over its global leadership position in the field of crypto regulation.

PayPal reports Q2 revenue of $8.68 billion, advancing stablecoin and AI payment tools

: Global payments company PayPal reported its second-quarter earnings, with earnings per share of $1.26, compared to $1.30 in the same period last year, falling short of the analyst consensus estimate of $1.28. Revenue reached $8.68 billion, surpassing last year's $8.29 billion and exceeding the analyst consensus estimate of $8.47 billion. PayPal recorded a non-GAAP adjustment of $81 million, related to gains and losses from strategic investments and crypto assets held for investment purposes. PayPal stated that since the company does not actively trade these assets and does not rely on them to fund ongoing operations, it excludes the related gains and losses from non-GAAP results. In its second-quarter investor presentation, PayPal stated that the company is leveraging its payments network, risk infrastructure, and trust capabilities to expand agent-based payments, stablecoins, identity, and biometric technologies. PayPal also noted that its PayPal World platform facilitated approximately $200 million in total payment volume between Venmo and PayPal.

A mysterious whale profited $1.35 million in hours after betting $1.95 million on Spain to win the 2026 World Cup

according to Lookonchain monitoring, a mysterious whale created a new wallet 10 hours ago and bet $1.95 million on Spain to win the 2026 World Cup at odds of 59.1%. The whale won and made a profit of $1.35 million in just a few hours.

Stablecoin market sees $12.413 billion outflow in 62 days, USDT market cap still exceeds $184 billion

Odaily News According to Defillama data, the stablecoin market has experienced an outflow of $12.413 billion in the 62 days since May 17, 2026, with $1.555 billion flowing out since July 11, marking one of the largest contractions in over four years. As of July 18, Tether's USDT market cap stood at $184.055 billion, while Circle's USDC market cap was $73.376 billion. Over the past week, USDT decreased by 0.06%, and USDC decreased by 0.04%. Sky's USDS market cap was $6.66 billion, declining by 12.30% over the past week, making it the worst performer among the top ten stablecoins.World Liberty Financial's USD1 fell by 4.59%, while Sky's DAI decreased by 0.43%. Global Dollar's USDG rose by 9.08% over the past week, reaching a market cap of $3.164 billion, the highest gain among the top ten stablecoins. PayPal's PYUSD increased by 1.60% to $2.877 billion, while Circle's USYC and BlackRock's BUIDL decreased by 3.64% and 8.68%, respectively.

LoL S4 World Champion Imp May Have Achieved Financial Freedom by Heavily Investing in US and Korean Stocks

Odaily Odaily News: On-chain analyst Ai Yi posted on platform X, stating that according to Doinb's revelation, LoL S4 World Champion Imp suddenly stopped streaming in March 2026 because he made profits from stock trading and no longer needed to stream. Imp previously mentioned during a livestream that "the money earned from streaming in a month is less than what I earn from stock trading in a day," and that "between March and October 2025, his assets increased tenfold, heavily investing in SK Hynix and buying NVIDIA."Additionally, the timing of Imp's streaming hiatus closely coincides with the rise of South Korean semiconductor stocks. However, Imp himself has not responded to the rumors of achieving financial freedom. Meanwhile, MLXG, who is also known for using his salary to trade stocks, heavily invested in baijiu (Chinese liquor) stocks, and his assets have nearly gone to zero.

BM Wallet Prediction Market Officially Launched, Kicking Off with World Cup Section

according to official sources, the self-custody Web3 wallet BM Wallet has launched its prediction market feature. Users can now directly participate in real-world event predictions within the wallet, settling entirely with stablecoins. Assets never need to be withdrawn, and private keys remain under the user's control at all times. This feature integrates the prediction market Polymarket, tapping into its deep liquidity. The initial phase centers on the World Cup, while also covering sectors such as cryptocurrency and politics. It is currently available in designated regions.

Visa, M-Pesa, and Onafriq Launch Stablecoin Cross-Border Remittance Pilot in the Democratic Republic of the Congo

: Visa, M-Pesa, and Onafriq have launched a pilot project in the Democratic Republic of the Congo to settle cross-border mobile transactions using a stablecoin pegged to the US dollar. The pilot targets scenarios such as cross-border mobile wallet top-ups, international commercial transactions, and remittances. The World Bank estimates that the average cost of cross-border remittances in Sub-Saharan Africa is close to 8% of the transfer amount. Visa has previously partnered with African cryptocurrency exchange Yellow Card to explore stablecoin treasury management and international settlement services. (Bitcoin.com News).

“White-Haired Stock God” Serenity: Chinese VC Funds Are Accelerating Their Flow into Physical AI and World Model Tracks

: "White-Haired Stock God" Serenity posted on platform X, stating that based on the capital flow direction in China's private VC market, institutions are currently pouring into fields related to Physical AI and World Models on a large scale.Data shows the approximate capital distribution as follows: Large Models/LLMs at about $23.56 billion, AI Infrastructure and Technology Layer at about $15.74 billion, Embodied Intelligence/Physical AI at about $13.36 billion, AIGC Applications at about $8.79 billion, and Autonomous Driving plus other top 20 sub-sectors totaling about $3.82 billion (note: metrics may not be directly comparable).Serenity pointed out that early-stage pure foundational model financing is largely closed, with capital more concentrated in existing leading companies and the World Model direction. He expects this trend to also appear in the US, potentially concentrating further towards leading companies like Anthropic and OpenAI. Regarding AIGC applications, Serenity believes this track's commercialization is already relatively mature, but an absolute winner has yet to emerge, exhibiting a fragmented competitive landscape in both China and the US markets.Overall, Serenity concluded that current AI investments continue to flow into infrastructure and the semiconductor supply chain. Meanwhile, capital is rapidly rotating towards Physical AI and Embodied Intelligence, but the World Model track still lacks direct investment targets.

705.5 million WLD transferred to Binance, WLD drops 8%

According to on-chain analyst Ember CN, 7.055 million WLD, worth $2.66 million, were transferred to Binance over the past 7 hours. Subsequently, WLD fell from $0.395 to $0.365, a decline of 8%.

巨鲸 mk4 持 LIT 5 倍多头浮盈超 355 万美元,整体持仓累计利润逼近 4100 万美元

据链上分析师 Onchain Lens(@OnchainLens)监测,随着 LIT 价格突破 2 美元,知名链上交易员 mk4(@mk4_lul)持有的 LIT 5 倍多头头寸浮动盈利已超 355 万美元。其同时持有 BTC、AAVE、WLD、XPL、MU、黄金及白银的多空头寸,整体浮动利润约 400 万美元,累计总利润已逼近 4100 万美元。

Suspected insider profited $24.25 million through World Cup on-chain betting; three wallets shared the same Binance deposit address

According to on-chain analytics platform Lookonchain (@lookonchain), an individual suspected of insider trading has earned a total of $24.25 million through Polymarket’s World Cup prediction market, using three wallets: “mintblade” (9.24 million USD from five consecutive wins), “GRIMDRIP” (7.6 million USD from two consecutive wins), and “endlessFate” (7.41 million USD from six wins out of nine trades). All three wallets transferred their profits via the same Binance deposit address (0xB08B...317D), suggesting they are likely controlled by the same person.

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.

A single bet of $7.46 million: a whale bets on Colombia defeating Uzbekistan

the whale "endlessFate" placed a $7.46 million bet on Colombia to win in the World Cup match against Uzbekistan. If successful, the profit would be $2.71 million; if unsuccessful, the entire $7.46 million would be lost. Currently, it is showing an unrealized profit of $1.84 million.

BIT: Expectations for OpenAI’s IPO Heat Up; WLD May Become a Benchmark Asset

According to independent analyst Markus Thielen, Sam Altman’s dual role as co-founder of both OpenAI and Worldcoin has led some capital in the secondary market to view WLD as a highly liquid alternative for speculating on OpenAI’s future IPO. Following SpaceX’s recent listing—whose stock price has remained robust—the market’s attention toward IPOs of AI “star” companies has intensified, prompting some traders to treat WLD as a tradable asset that already reflects this sentiment. On the near-term catalyst front, Eightco Holdings disclosed holding approximately 283 million WLD tokens, representing 8.4% of the circulating supply. Should market expectations around OpenAI’s potential IPO as early as September this year continue to strengthen, WLD’s trading thesis—as a proxy asset—may still have further room for development.

Ansem: JTO and HYPE Lead the Market Rally, WLD Rides OpenAI Narrative

trader Ansem posted on X platform, stating that JTO and HYPE are the strongest performing assets in today's market, clearly leading the rest of the tokens.Ansem also noted that WLD's performance slightly trails JTO and HYPE, but benefits from the narrative tied to OpenAI, maintaining a relatively strong upward trend overall.

World Cup Drives Prediction Market Trading Volume to New Highs, Bernstein Says Robinhood May Benefit

Bernstein suggests Robinhood is poised for a "strong tailwind" as prediction market trading volumes hit record highs during the World Cup.Data shows that daily trading volume in prediction markets during the early stages of the FIFA World Cup surged from $2.2 billion on June 11 to $4.8 billion on June 12, setting a new all-time high, surpassing the $1.4 billion traded during the previous Super Bowl.Analysts note that prediction markets have become one of Robinhood's fastest-growing revenue lines since their launch. The firm projects Robinhood's prediction market revenue will grow from $150 million in 2025 to $586 million in 2026, representing an increase of approximately 286% year-over-year, and is expected to account for 17% of trading-related revenue and 10% of total revenue in 2026.Bernstein believes Robinhood's partnership with exchange and clearing house Rothera, which is regulated by the U.S. Commodity Futures Trading Commission (CFTC), is a competitive advantage. Since its launch on May 28, Rothera has processed approximately 200 million contracts in 18 days, with FIFA World Cup and MLB-related contracts contributing nearly all of the trading volume. Analysts state that Robinhood's core strength lies in its distribution capability, with its massive user base, a commission of $0.01 per contract, and strategies like up to 50% fee discounts for Gold members helping to drive user engagement.Furthermore, Bernstein indicates that competition in the prediction market space is expanding, including Polymarket launching event contracts for private companies and Kalshi introducing cryptocurrency perpetual contracts. The firm estimates that the World Cup will bring over $3 billion in new betting volume to prediction markets and boost overall consumer trading volume in the industry by $5 billion to $10 billion. (The Block)

Bernstein: 2026 World Cup Expected to Drive Up to $10 Billion in Trading Volume for Prediction Markets

investment firm Bernstein has released a report indicating that the expanded 48-team 2026 FIFA World Cup, set to take place in North America, is expected to drive up to $10 billion in consumer transaction volume for sports betting and prediction markets, along with over $3 billion in incremental capital.Bernstein analysts pointed out that this World Cup could be a turning point for prediction markets and online sports betting platforms, accelerating the development of platforms like Kalshi and Polymarket. Robinhood is leveraging this opportunity to commercially launch its CFTC-licensed prediction market exchange, Rothera. Institutions such as Binance and Coinbase are also offering World Cup contracts through partnerships. Currently, on the Myriad platform, Spain and France have the highest odds of winning. (Decrypt)

The first scam of the World Cup? WCUP surged to a market cap of approximately $50 million, with 95% of its supply controlled by a single entity

that, according to Bubblemaps, the FIFA-related token WCUP, which launched yesterday, surged to a market cap of approximately $50 million. Over 30 new wallets snapped up 95% of its supply immediately at the opening. These wallets were funded by multiple centralized exchanges within the half-hour before the launch, had no prior on-chain history, and subsequently distributed the tokens to over 2,500 new addresses via Uniswap Router.Bubblemaps noted that the project's documentation only vaguely mentions a presale and partner allocations, with no on-chain evidence directly linking to the team. However, this level of concentration, combined with undisclosed paid promotion arrangements with KOLs, poses a significant risk.

Bybit Launches USDT-Denominated Event Settlement Contracts, Initially Focusing on FIFA World Cup Football Matches

It is reported that Bybit recently launched a new category of contracts: USDT Event Settlement Contracts, which are based on the outcomes of sports events. Users can trade these contracts in real time before and during matches, with automatic settlement after the event concludes. Product Features: - Contract prices are benchmarked at 10, reflecting the market’s real-time expectations for the home or away team’s victory: prices above 10 indicate bullish sentiment toward the home team; prices below 10 indicate bullish sentiment toward the away team. - Settlement price formula: 10 + (home team goals − away team goals). Only goals scored during the official 90-minute match duration count; goals scored during extra time or penalty shootouts are excluded. - Settlement occurs 130 minutes after the scheduled match kickoff. A “close-only” mode is activated during the final 20 minutes prior to settlement. - Maximum leverage supported is 5x; minimum initial margin is 10 USDT. According to comprehensive reports, the first batch of contracts will be rolled out progressively aligned with the 2026 FIFA World Cup schedule. Exact listing times for individual trading pairs will be announced officially by the platform.

WEEX Launches “World Cup × Monopoly” Themed Trading Campaign—Join to Share in $1 Million USDT

WEEX Exchange has launched the large-scale themed trading reward campaign “World Cup × Monopoly: Participate and Win $1 Million in USDT,” which runs until 23:59:59 (UTC+8) on July 20, covering the entire World Cup season. The campaign features low participation thresholds and highly engaging interactive gameplay: users can earn dice by completing tasks such as registration, depositing funds, trading futures and spot assets, consuming dice, and inviting friends to join. After rolling the dice, users advance across the game board according to the number shown; landing on specific squares entitles them to rewards including BTC, ETH, and USDT. Rolling dice to advance on the board and completing weekly trading tasks both accumulate points. Reaching designated point thresholds unlocks milestone rewards such as USDT, WXT tokens, fee discounts, and trial funds. Additionally, users can spend points to interact with World Cup matches—cheering for their favorite teams—and leverage small investments to earn even more points.