News linked to this event type.
: Privacy blockchain Zano has announced that Zenith has entered the implementation phase, with a network transition planned for 2027, subject to testing, analysis, and review results. Zano has not yet announced an activation date, and the proposed operational parameters still require verification at the network level. Zenith will transition Zano from a hybrid PoW and PoS mechanism to a privacy-preserving pure PoS protocol. The proposed block time will be reduced from approximately 1 minute to about 15 seconds, the recommended number of confirmations will be lowered from 10 blocks to 4 to 6 blocks, and the typical confirmation time will be around 60 to 90 seconds. Andrey Sabelnikov, co-founder and core developer of Zano, stated that Zenith is based on over 12 years of privacy research, aiming to provide the network with the advantages of modern PoS while retaining the privacy protections that Zano users expect. PoW miners currently receive approximately 720 newly issued ZANO per day, equivalent to around 21,600 per month and 262,800 per year. After Zenith is activated and PoW mining ends, this issuance will be discontinued. Zano has also launched the official Zano Forum for technical discussions and community support.
security firm Project Eleven has introduced a post-quantum proof technology designed to help users prove ownership of their Bitcoin wallets after quantum computers become capable of deriving private keys and generating valid signatures. Project Eleven CEO Alex Pruden stated that the technology utilizes the wallet's key derivation path, enabling users to prove control without disclosing the parent key, thus distinguishing legitimate owners from attackers. The solution was developed in collaboration with Jim Posen, a primary maintainer of the open-source Binius zero-knowledge proof system, and is based on the "signature lifting" technique proposed by Alon Sattath and Robert Wyborski. Project Eleven noted that the prototype has not yet been audited and requires blockchain protocol support before it can be deployed. It is primarily aimed at users who miss the window to migrate to quantum-resistant addresses in the future.
: Crypto payment company BitPay announced that it has received approval from the Netherlands Authority for the Financial Markets to obtain a crypto asset service provider license, allowing it to operate within EU member states under the Markets in Crypto-Assets regulatory framework. BitPay stated that this license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, starting July 1, all entities providing crypto-related services must be subject to regulation. Jonathan Arler, BitPay's Head of Europe, stated that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a crypto asset service provider license from the Luxembourg financial regulator.
: Prediction market platform predict.fun has announced that all Up/Down markets now feature a Maker order rebate mechanism. Users who complete trades via limit orders can receive a 25% rebate on Maker fees.Compared to Polymarket, predict.fun's Maker rebate offers two key advantages that are more direct: a higher rebate rate, and real-time settlement immediately after the trade, without waiting for finalization.For high-frequency traders, professional market makers, and users who frequently employ limit orders, real-time rebates allow for faster capital release, reducing the continuous impact of fees on trading profits. The higher rebate rate also means that as trading frequency and volume increase, the actual cost savings become more significant.This mechanism now covers all Up/Down markets on predict.fun. Users do not need to register or apply separately; rebates for qualifying orders will be automatically credited to the account upon execution.
tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain to expand institutional access to tokenized RWAs. The initiative is expected to launch with $500 million in nominal assets under management, with plans to increase to $1 billion over time. Tradable will leverage the Stellar network to support institutional functions such as compliance, investor onboarding, and asset lifecycle management. The specific launch date has not yet been disclosed. Tradable stated that it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions. Stellar Development Foundation CEO Denelle Dixon noted that this agreement reflects growing institutional interest in using the Stellar network for tokenized RWAs. Stellar has recently focused increasingly on tokenized RWAs and has attracted institutional partners such as the Depository Trust & Clearing Corporation.
Ethena announced on the X platform its official launch on the Monad blockchain. USDe and sUSDe are now available across the entire Monad ecosystem, including integration with Monad's Aave instance, enabling Ethena users to borrow stablecoin liquidity at scale. Additionally, parallelized EVM USDe is now live.
According to monitoring by the BlockFlow KOL opinion aggregation platform, NVIDIA (NVDA) is collaborating with Japan's Ministry of Economy, Trade and Industry (METI) and Noetra to build a 140MW AI factory, utilizing Vera CPU and Rubin GPU to support trillion-parameter model training and robot ecosystem development, with multiple KOLs optimistic about the prospects of this collaboration.
The U.S. Commodity Futures Trading Commission (CFTC) is investigating a potential insider trading incident involving the prediction market platform Kalshi. A staff member allegedly responsible for operating President Trump's teleprompter is accused of placing bets on related prediction event contracts.According to reports, this individual may have used early access to information about Trump's public remarks to wager on the Kalshi platform regarding whether Trump's related statements would be released or contain specific phrasing. Currently, the CFTC is investigating whether the relevant trades involved the use of non-public information and whether they violated prediction market trading rules.This investigation has once again raised market concerns about the risk of insider trading in prediction markets. As trading volumes on platforms like Kalshi and Polymarket grow rapidly, prediction contracts involving political, economic, and public events are increasingly coming under regulatory scrutiny. (CNBC)
: X platform product lead Nikita Bier announced that the platform is upgrading the anti-cheat mechanism of its Creator Revenue Share Program, targeting engagement baiting and content plagiarism.Bier stated that if an account posts "engagement baiting" content multiple times—such as "reply to me and I'll follow everyone" or similar actions to solicit engagement—cumulatively three times or more, it will be removed from the creator revenue share program and referred to the policy team for further action, including the risk of account suspension. Currently, X has identified such behaviors through the Grok AI system, and nearly 4,000 accounts have been removed from the revenue program today.Additionally, X's updated content identification model can detect duplicate content three times more efficiently than before. The platform stated that merely adding watermarks, intros, or making simple modifications will not qualify for revenue. The related commercial display revenue will be returned to the original content poster. This mechanism also applies to copying popular text posts, such as high-engagement content like "Twitter is the smoking area of the internet."According to Nikita Bier, during this detection cycle, X found approximately 1.5 million instances of stolen content. For accounts that repeatedly or deliberately attempt to evade detection, the platform will revoke their creator revenue eligibility.X stated that through these governance measures, it is expected that over $1 million in revenue will be redistributed to original content creators, aiming to improve the quality of the platform's content ecosystem.
OpenAI Chairman Bret Taylor said in an interview with CNBC that the company currently has no update on its Initial Public Offering (IPO) plans. Taylor's interview centered on OpenAI's newly launched AI agent tools, and discussed topics including the outlook for enterprise AI spending, a lawsuit related to Apple, and development trends in the artificial intelligence industry.As OpenAI's valuation continues to climb and competition in the AI industry intensifies, the market has maintained a high level of attention on its listing timeline. However, Taylor's statement indicates that OpenAI has no new IPO arrangements to announce in the near term.
According to FinanceFeeds, Dubai crypto trading platform Quote Trade announced the completion of a $4 million financing round, which will be used to expand support for more blockchains and digital assets, strengthen liquidity partnerships, recruit engineering and trading teams, and continue building infrastructure for human traders and AI trading agents.
Odaily Odaily A new study by the Cambridge Centre for Alternative Finance reveals that approximately 31% of Ethereum node activity is located in the United States, with another 39% distributed across EU countries excluding the UK, indicating that the geographic distribution of Ethereum nodes remains relatively concentrated in Western nations.Lead researcher Alexander Neumuller stated that while node distribution is not currently concentrated in any single country, it is heavily reliant on a few major cloud service providers, including Hetzner, Amazon AWS, and OVH. Notably, the Ethereum network does not require half of its validators to fail for problems to arise. If more than one-third of validators go offline simultaneously, the network may be unable to finalize block checkpoints (finalization). Neumuller pointed out that nodes and validators do not have a one-to-one correspondence; a single node may run multiple validators. Therefore, it is currently impossible to precisely assess the actual impact on the validator network from the failure of a specific node or service provider.Furthermore, the study reassessed the energy consumption of Ethereum following The Merge. Data shows that Ethereum's current annual energy consumption is approximately 7.9 GWh, equivalent to a continuous power draw of about 1 MW. This represents only about 0.02% of pre-merge levels, a reduction of approximately 99.98%. Currently, over 56% of the energy used by the Ethereum network comes from sustainable sources, exceeding the global average.The study also noted that client software diversity is another potential risk. If a dominant client software has a vulnerability, it could affect a large number of network participants. The report was published by the Cambridge Centre for Alternative Finance and supported by the Ethereum Foundation. (The)
E*TRADE, the online investment platform under Morgan Stanley, has launched spot cryptocurrency trading functionality. Eligible clients can now directly buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) through the E*TRADE platform.This crypto trading service is powered by digital asset infrastructure provider zerohash. Users can trade through a linked zerohash account and view both their digital asset and traditional investment portfolios within the E*TRADE platform.E*TRADE stated that the fee for spot crypto trading is priced at 50 basis points (50 bps), with asset transfer functionality expected to be launched later this year.This launch marks a further step in Morgan Stanley's digital asset strategy. Previously, E*TRADE has been continuously upgrading its investment service system, including launching retirement planning tools, fractional share trading, an upgraded IPO center, and feature optimizations for Power E*TRADE Pro aimed at active traders. (Businesswire)
Odaily U.S. Democratic Senator Elizabeth Warren released a report stating that the Trump administration's reform measures at the Consumer Financial Protection Bureau (CFPB) may have resulted in up to $26.5 billion in additional costs for American consumers.Warren stated that approximately $22.5 billion of this comes from the CFPB's repeal of policies limiting credit card late fees and bank overdraft fees, with the remaining roughly $4 billion stemming from the agency's abandonment of certain enforcement cases and consumer restitution agreements.The report notes that a previous CFPB rule limiting credit card late fees had planned to cap most late fees at $8, which was expected to save consumers about $10 billion annually. Furthermore, a new rule targeting overdraft fees had aimed to push banks to limit certain overdraft charges to $5.It is reported that Trump implemented sweeping changes at the CFPB, including staff cuts, pausing or reducing multiple enforcement actions, and rescinding some consumer protection rules enacted during the Biden era. Warren criticized that these reforms have weakened the CFPB's role as a consumer financial regulator, exposing consumers to more unfair fees and financial risks. Currently, the CFPB and the White House have not immediately responded to the allegations in Warren's report. (CNBC)
venture capital firm Andreessen Horowitz (a16z) has announced an investment in Runta, a startup specializing in AI agent security. The company aims to help enterprises manage and constrain AI agents much like "raising a child." The specific amount of the investment has not been disclosed yet.Runta founder Guanlan Dai previously worked on the technical team at Cloudflare and served as a founding engineer at API connectivity startup Kong. He stated that AI agents share similarities with growing children: they possess the ability to autonomously execute tasks, but equally require boundaries, supervision, and permission management.Dai believes that just as parents childproof their homes and restrict access to credit cards for their children, enterprises also need to limit the important files AI agents can access, the scope of operations they are permitted to execute, and the amount of funds they can spend in a single instance.Runta is developing an "AI agent guardianship" infrastructure to help businesses manage the permissions, security risks, and behavioral boundaries of AI agents, thereby preventing autonomous AI systems from causing data leaks, erroneous operations, or financial losses while performing tasks.As enterprises increasingly deploy AI agents with autonomous decision-making capabilities, the need to establish a trustworthy and secure agent management system is becoming a new infrastructure requirement.Runta aims to become the "parental control layer" for the AI agent era, providing enterprises with capabilities such as agent identity management, permission control, risk limitation, and operational oversight.Industry insiders believe that as AI agents evolve from simple assistants into autonomous entities capable of operating enterprise systems, handling transactions, and executing complex tasks, the infrastructure market surrounding agent security, governance, and compliance is poised for rapid growth. (The Information)
global payment giant Visa is accelerating its stablecoin infrastructure efforts by launching the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into their existing payment and treasury management systems. It is reported that the platform aims to provide stablecoin service support to approximately 15,000 financial institutions and over 200 million merchants within Visa's network, enabling enterprises to use USD stablecoins for settlement, capital flow, and financial management within the traditional payment network.Visa currently processes approximately $15 trillion in payment transactions annually and has already processed tens of billions of dollars in stablecoin settlement volume. The company hopes to further expand the application scope of stablecoins through this new platform. Initially, the Visa Stablecoin Platform will support the new stablecoin OUSD, launched by the Open Standard alliance, while continuing to be compatible with stablecoins already supported by Visa, including USDC issued by Circle and USDG issued by Paxos. Visa believes that stablecoins are becoming an important part of the future financial infrastructure, with advantages including:Instant Settlement: Transactions no longer rely on traditional banking clearing cycles;Low-Cost Transfers: Reducing payment costs based on blockchain networks;Transparency and Traceability: On-chain transaction records provide higher verifiability.Visa has been consistently building its footprint in the stablecoin space. In 2020, Visa became the first global payment network to support USDC settlement; in 2025, the company launched a stablecoin settlement plan to further promote the entry of stablecoins into the mainstream payment system.Meanwhile, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard recently launched a stablecoin settlement solution and partnered with companies such as MoonPay and Paxos; American Express has also participated in the ecosystem development related to Open Standard.As traditional payment giants increasingly adopt stablecoins, they are transitioning from a payment tool within the crypto industry into a vital component of the global financial infrastructure. (Fortune)
Coinbase officially announced that the regulated derivatives clearing business of UK financial services group Marex has now formally supported the use of USDC as Initial Margin collateral. This marks the first entry of a stablecoin into the actual operational processes of traditional clearing infrastructure. The first transaction was completed by Prime Trading, LLC, with Coinbase providing the underlying infrastructure support, including custody services, 1:1 instant conversion between fiat currency and USDC, and a customized daily reporting system that meets clearing industry standards.The implementation of this business was made possible by a "No-Action Letter" issued by the U.S. Commodity Futures Trading Commission (CFTC) in December 2025. This policy opens the door for Futures Commission Merchants (FCMs) to accept stablecoins, Bitcoin, and Ethereum as client margin collateral.Coinbase stated that USDC, as a collateral asset, can provide round-the-clock liquidity, helping institutions break free from the limitations of traditional banking hours, allowing margin funds to be transferred in line with market operating hours. In this partnership, the core capabilities provided by Coinbase include:24/7 instant conversion between fiat currency and USDC: Institutional clients can convert between USD and USDC at any time, improving the efficiency of margin allocation;Customized reporting system: Meets the requirements of traditional clearing systems for asset recording, reconciliation, and regulatory reporting;NYDFS-compliant custody: Provides institutional-grade security for USDC collateral assets.
Odaily Odaily News Recently, @leto_bao, who became an internet sensation with the persona of achieving "financial freedom through stock trading at ByteDance with 30 million RMB," responded to rumors on the X platform. He claimed, "I have returned to my hometown. I work as a security guard in an office building during the day, deliver food at night, set up a barbecue stall in the early morning, and sell breakfast at the school gate in the morning. I only sleep 3 hours a day, shuttling between McDonald's and hospital outpatient clinics. I dare not go home because debt collectors block my door every day. For meals, I open free treasure chests; for showers, I use the company bathroom. I have already reached a repayment plan with the bank, expecting to clear the debt in 50 years. Please stop making fun of my suffering."The community speculated that it might be for entertainment effect, a playful response using memes. However, some people questioned in the comments that he still hasn't provided solid proof of his investments, suggesting it's merely hype. Others even claimed to have found records of his previous failed attempts to build an online presence.Subsequently, he stated bluntly: "I will no longer post in Chinese. The Chinese circle on X is very toxic—filled with anger, bot accounts, and no real discussion. Everyone is chasing creator rewards rather than genuine communication. My posts haven't received any feedback worth responding to. I feel I can get more from the English community here." However, the viewership of his subsequent tweets plummeted from hundreds of thousands to only around 40,000 to 70,000.
Coinbase stated on X platform that Marex is leveraging Coinbase infrastructure to enable clients to use USDC as initial margin for US regulated futures and options, providing its traders with a new level of capital efficiency.
stablecoin project Native Markets has announced that the final deadline for users to exchange USDH via the official website is today. The exchange portal will be officially deactivated on July 17 at 21:00 Beijing time (July 17, 13:00 UTC).Native Markets stated that the Bridge will continue to offer 1:1 redemption and exchange services for USDH, but users will need to complete an independent account registration and onboarding process on the Bridge platform.The official reminder advises that users who still need to complete conversion operations through USDH.com should do so before the portal closes. After the portal is deactivated, USDH exchange services will be migrated to the official Bridge channel.This adjustment is part of the migration of USDH ecosystem infrastructure. Native Markets recommends that users complete Bridge onboarding in advance to ensure that subsequent stablecoin exchange and redemption services remain unaffected.