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EthSystems officially established with support from Bitmine and others, advancing institutional-grade Ethereum privacy infrastructure

EthSystems, an institutional privacy technology company for Ethereum, has officially launched, securing strategic funding from ecosystem supporters including Bitmine, Sharplink Gaming, and Joe Lubin.EthSystems focuses on developing privacy technologies tailored for banks, asset management firms, and other regulated institutions, enabling them to execute financial transactions at scale on the Ethereum network while protecting sensitive information such as transaction details and client identities. The company was founded by the core team of the Ethereum Foundation's Institutional Privacy Task Force (IPTF). The team had previously conducted a year-long open-source research and development effort on the EthSystems official website and established collaborations with multiple central banks, regulatory bodies, large banks, and asset management institutions.EthSystems stated that while institutions have begun exploring stablecoins, tokenized assets, and Ethereum-based settlement solutions, widespread adoption still faces privacy and compliance challenges. Financial institutions require more than just access to the blockchain network; they need a complete infrastructure that meets the requirements for protecting trade secrets, complying with regulations, and ensuring compatibility with existing financial systems. The goal is to build a "selective disclosure" privacy architecture, allowing transaction participants to view only the information they are authorized to access, while preserving Ethereum's core advantages of decentralization, security, and openness, and complementing two other organizations:Ethlabs: Focused on core Ethereum protocol and infrastructure research and development;Ethereum Institutional: Responsible for institutional collaboration, education, market research, and ecosystem coordination;EthSystems: Concentrated on application-layer technology, translating institutional needs into operational privacy protocols and financial systems.

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.

Nebius sells over $1 billion in computing power to AI startup Reflection AI

cloud computing service provider Nebius Group has announced an agreement with AI model development company Reflection AI to sell it computing power worth over $1 billion. According to a joint statement, the agreement is valid until 2029, and Reflection AI will gain access to computing resources powered by NVIDIA GB300 AI chips to support its artificial intelligence model research and development. (Bloomberg)

a16z crypto: TradFi doesn't want DeFi, but selectively uses blockchain

a16z Crypto has released an analysis stating that traditional finance (TradFi) is not merging with decentralized finance (DeFi), but is instead selectively adopting blockchain technologies that meet its own needs. A long-standing narrative within the crypto industry has been that DeFi and TradFi will eventually merge, combining open liquidity with institutional distribution to form a new system superior to traditional finance. However, the reality may be different.The core driver for traditional finance's adoption of blockchain is not the concept of decentralization, but commercial efficiency. As long as blockchain can help institutions reduce costs, improve settlement efficiency, expand distribution channels, and enhance customer relationships, they will adopt the relevant technology. “TradFi is not entering DeFi; it is utilizing the parts of DeFi that fit its own operational models and reshaping these technologies according to institutional requirements.”a16z Crypto stated that a new category of financial infrastructure may emerge in the future—"programmable financial infrastructure" based on a blockchain foundation but optimized for institutional constraints. The blockchain technologies currently being adopted by institutions mainly include:Atomic Settlement: Reduces counterparty risk and decreases tied-up collateral capital;Shared Ledger: Lowers the cost of back-office reconciliation;Programmable Money: Automates interest payments, margin management, and corporate actions;Automated Market Makers (AMM): Being repurposed for on-chain foreign exchange and tokenized asset pricing.

South Korea to Push for Blockchain-Based Treasury Tokenization Pilot and Launch Three National Projects in Semiconductors, AI, etc.

the South Korean government has announced the "2026 H2 Economic Growth Strategy," declaring it will accelerate three major "super projects" in semiconductors, AI data centers, and embodied AI. It also plans to enhance industrial competitiveness through blockchain and digital asset ecosystem development. According to the plan, South Korea aims to double its memory chip production capacity over the next five years and launch an AI chatbot for all citizens and a unified AI education platform in the second half of this year.Notably, the South Korean government proposed advancing large-scale demonstration projects for the blockchain and digital asset ecosystem in the second half of this year. It also intends to launch a blockchain-based pilot for tokenizing government bonds, exploring linkages with the Bank of Korea's institutional CBDC to drive financial infrastructure upgrades. Additionally, South Korea plans to establish strategic investment accounts and a national growth fund to expand long-term capital support for strategic industries such as artificial intelligence, quantum technology, security, and blockchain. (Etoday)

BIP-110 Sparks Debate Over Bitcoin's Future Decision-Making Power

BIP-110 aims to temporarily restrict certain types of transaction data on the Bitcoin blockchain. The proposal has sparked discussions on whether Bitcoin should distinguish between "benign" and "malicious" uses. Currently, the proposal has limited support from miners and the broader industry, making it seem unlikely to be activated. (CoinDesk).

OKX Jumpstart Launches SENT "Staking Earn" with a Total Prize Pool of 32,000,000 SENT

according to official sources, OKX Jumpstart will launch SENT (Sentient) from 15:00 on July 17, 2026, to 15:00 on July 27, 2026 (UTC+8). During the event, users can participate by staking BTC, OKSOL, OKB, or SENT to share in the airdrop reward of 32,000,000 SENT.Additionally, users can start subscribing early from today, with rewards accruing from the official start of the event. Users can view and participate in the relevant activities via the "Jumpstart" entry at the top of the Explore page in the OKX App.

Binance to Adjust Multi-Currency Contract Leverage, Margin Tiers, and Collateral Rates

according to an official announcement, Binance will adjust the collateral rate and tiered collateral rate for assets such as LUNC and MORPHO under the portfolio margin program at 06:00 UTC on July 17, 2026. Additionally, it will update the leverage and margin tiers for USDⓈ-M perpetual contracts including PTBUSDT, NOMUSDT, VICUSDT, HFTUSDT, ACEUSDT, BMTUSDT, LYNUSDT, ANIMEUSDT, KERNELUSDT, TAGUSDT, CELRUSDT, XAIUSDT, PIXELUSDT, and SAPIENUSDT. The adjustment is expected to be completed around 06:30 UTC on the same day, and existing positions will be affected.

UK Plans to Adjust Capital Gains Tax Treatment for Crypto Asset Loans and Liquidity Pools from 2027

HM Revenue and Customs issued a policy paper proposing that, effective from April 6, 2027, a "no gain no loss" treatment will apply to certain cryptoasset loans and liquidity pool arrangements participated in by individuals and trusts, deferring Capital Gains Tax until an economic disposal occurs.

Flap introduces a 2% purchase cap per wallet for zero-tax tokens

Flap, a token launch platform now live on the Robinhood Chain, has introduced a 2% purchase limit per wallet (based on total supply) during the bonding curve phase for tokens with no transaction tax. There is no purchase limit for token developers on their initial buy, and all selling is unrestricted. Once a token graduates, the 2% purchase cap will be lifted, allowing the token to trade normally on DEX.

Bybit Lists SNXX, INTW, KSTR US Stock Perpetual Contracts Today

Bybit lists 3 new US stock perpetual contracts today: 2x Long SNDK ETF (SNXXUSDT), 2x Long INTC ETF (INTWUSDT), and SSE STAR Market 50 ETF (KSTRUSDT), with up to 20x leverage. Enjoy limited-time fee discounts during the listing period: 0% fee rate for limit orders, 50% off for market orders.

White House Crypto Council Executive Director Patrick Witt to Depart Ahead of Expected CLARITY Act Vote

: White House Crypto Council Executive Director Patrick Witt will conclude his final working day at the White House on July 18. He will begin attending the Georgia Army National Guard Judge Advocate Officer training on July 27. Witt was previously responsible for negotiations on the CLARITY Act, which is expected to face a full Senate vote around July 20. Deputy Director Harry Jung will take over the relevant negotiations and will also lead efforts on the Strategic Bitcoin Reserve and the GENIUS Act. The consolidated draft of the CLARITY Act is expected to be released this week. The bill needs 60 votes to pass the filibuster threshold, requiring at least seven Democratic supporters. Democrats are demanding the inclusion of ethics clauses regarding the president's personal crypto asset exposure. Disclosure information shows that Trump earned over $1.4 billion from crypto-related businesses last year. (Bitcoin.com News)

Binance Futures Updates SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT USDT-Margined Perpetual Contract Funding Rates

Starting from July 15, 2026, 00:15 (UTC+8), Binance Futures will adjust the funding rate settlement frequency for SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT perpetual contracts from once every 8 hours to once every 4 hours, and the funding rate cap/floor will be adjusted to ±0.50%.

Bitget Lists KUAISHOU (Kuaishou Technology) Stock Perpetual Contract

Odaily reports, according to an official announcement, to meet users' diverse investment needs, Bitget has listed the KUAISHOU (Kuaishou Technology) stock perpetual contract. This contract is settled in USDT, supports up to 20x leverage, and offers 7×24 hour trading. For more details, please refer to the Bitget official platform.

HTX has listed SNXX and RAM perpetual contracts and launched a contract trading competition.

According to the official announcement, Huobi HTX listed SNXX/USDT and RAM/USDT perpetual contracts on July 14, with a maximum leverage of 10x for both. Meanwhile, Huobi HTX launched the SNXX and RAM contract trading competition from 15:00 on July 14 to 15:00 on July 21 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SNXX/USDT and RAM/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.

MGBX will list SKHYB (SK Hynix) and ANSEM (The Black Bull) for spot trading

, according to official sources, MGBX will list the spot trading pairs SKHYB (SK Hynix) and ANSEM (The Black Bull) at 18:00 (SGT) on July 14, 2026.Deposit Opening Time: 16:00 (SGT) on July 14, 2026Trading Opening Time: 18:00 (SGT) on July 14, 2026Withdrawal Opening Time: 19:00 (SGT) on July 15, 2026SKHYB: SKHYB is a tokenized bStock representing SK Hynix, one of the world's leading semiconductor companies, primarily producing DRAM and NAND flash memory chips used in servers, smartphones, personal computers, and AI-related devices.ANSEM: $ANSEM (The Black Bull) is a community-driven meme coin based on the Solana blockchain.

Extended Discord Server Attacked, Officials Warn Against Participating in Fake $EXT Token Claim

The official Extended X account posted that its Discord server was hacked earlier today, with a fake announcement appearing in the server claiming "$EXT token claim is now live." The official team explicitly stated that there are currently no TGE plans or $EXT token claim activities, and relevant websites are all counterfeit phishing websites. Users are reminded not to connect wallets, sign any messages, or approve any transactions on relevant websites; if interaction with malicious websites has occurred, token approvals should be revoked immediately using trusted tools, assets should be transferred to a new wallet, and the original wallet should be considered compromised.

Binance to Delist Four Spot Trading Pairs Including GLM/BTC

According to an official announcement, Binance will remove and halt trading for the following spot trading pairs at 03:00 (UTC) on July 17, 2026: GLM/BTC, KNC/BTC, ONT/BTC, and XAI/USDC. Binance will simultaneously terminate the spot trading bot services for these pairs. Users are required to update or cancel related trading bots before this time to avoid potential losses. The delisting of these trading pairs does not affect the trading of the tokens on other trading pairs available on Binance.

OpenClaw v2026.7.1 Officially Released, Adds Support for Models Such as GPT-5.6, Muse Spark 1.1

OpenClaw founder Peter Steinberger posted on X that OpenClaw has officially released version v2026.7.1. This update was completed jointly by 532 contributors, with a cumulative total of 3,063 commits. Major updates include: comprehensive restructuring of the Web UI and new user onboarding process, significant optimization of iOS / Android / macOS clients, improved integration capabilities for Telegram, Slack, Discord, and iMessage, and added support for models such as GPT-5.6 and Muse Spark 1.1. In addition, this version simultaneously upgraded the Node version to fix automatic updater issues. If the automatic update fails, the upgrade can be completed manually via the Web installer.

Binance will perform wallet maintenance on the Ethereum network on July 16 at 14:00.

According to the official announcement, Binance will conduct wallet maintenance on the Ethereum network (ETH) at 14:00 on July 16. To support this maintenance, Binance will suspend deposit and withdrawal services for the Ethereum network at 13:55 on July 16. The maintenance is expected to take 1 hour, and deposit and withdrawal services will automatically resume after the maintenance is completed.