News linked to both this project and an event.
Odaily News - Digital asset tokenization platform Securitize, in partnership with asset management firm Neuberger, has launched the Neuberger Securitize High Income Tokenized Fund (HINC). The fund primarily invests in high-yield bonds and may also allocate to collateralized loan obligations (CLOs) and leveraged loans.HINC will be issued on four public chains—Avalanche, Ethereum, Solana, and Sui—and is available exclusively to eligible qualified investors and qualified purchasers. Investors must undergo customer identification and anti-money laundering screening, and comply with jurisdictional restrictions and securities rules.Neuberger will handle portfolio management and research, Securitize Capital will serve as investment advisor, Securitize Markets will provide fund shares, and other affiliates will manage tokenization, administration, and operational services. Neuberger's fixed income platform manages over $230 billion in assets.Securitize disclosed that its tokenized asset management scale has reached $3.4 billion, with first-quarter revenue of $19.5 million, up nearly 40% year-over-year. The company began trading on July 2, becoming the first firm to list shares on both the New York Stock Exchange and on-chain simultaneously. (Bitcoin.com News)
Odaily News: Blockchain data analytics platform Nansen released its "Starknet H1 2026 Report," stating that in the first half of 2026, Starknet completed its strategic transformation from a high-performance Layer 2 network to a "privacy-preserving execution layer." The launch of the STRK20 privacy framework and the Bitcoin asset strkBTC became the ecosystem's most significant upgrades.The report notes that as an Ethereum-based ZK-Rollup network, Starknet generates STARK proofs off-chain and verifies them on-chain, achieving high throughput and low transaction costs. Its smart contracts use the Cairo language, specifically designed for verifiable computation, and support native account abstraction functionality.In the first half of this year, Starknet launched the v0.14.2 upgrade, introducing the SNIP-36 protocol to lay the technical foundation for private transactions. This upgrade allows the network to directly verify off-chain execution proofs, enabling confidential state transitions without exposing account balances or counterparty information. Additionally, SNIP-37 adjusted the network's economic model, increasing storage costs while lowering base gas fees to optimize incentives for long-term state growth.In terms of privacy applications, Starknet launched the STRK20 privacy framework, which allows users to convert any ERC-20 asset into encrypted balances and conduct private transfers, trades, and DeFi interactions. The system is built on zero-knowledge proof technology and implements compliant auditing through an encrypted viewing key mechanism, protecting user privacy while supporting targeted information disclosure in regulatory scenarios.On-chain data shows that in Q2 2026, Starknet recorded an average daily transaction volume of approximately 239,000 and an average of about 50,000 daily active addresses. During the period, a total of 22.5 million transactions were completed, involving approximately 71,000 users. Among these, DEX aggregator AVNU contributed roughly 14 million transactions, accounting for 62.2% of total volume; gaming infrastructure Cartridge contributed 6.57 million transactions, with the two combined accounting for approximately 91% of transaction activity.
Odaily News: Cryptocurrency platform Bitcoin.com has announced the integration of USDU into its self-custody Bitcoin.com Wallet, serving millions of wallet users. USDU, issued by Universal Digital Intl Limited (Universal), is the first USD stablecoin registered as a foreign payment token by the Central Bank of the UAE (CBUAE). USDU is an Ethereum ERC-20 token, with each token backed 1:1 by liquid USD reserves held by regulated banks in the UAE. The reserves are independently attested monthly by a third-party accounting firm, with reports published on Universal's official website. Bitcoin.com Wallet's web and mobile versions will support self-custody holding, sending, and receiving of USDU. Bitcoin.com will accept USDU as payment for designated services and plans to enable its use for payments between users and merchants within its products. The wallet will also offer stablecoin education and Learn-to-Earn content. Exchange and buy/sell functionalities will be launched after support from third-party service providers, with availability varying by jurisdiction. (Bitcoin.com News)
Vitalik Buterin stated that Ethereum is researching combining UTXO-style state with dynamic state to expand network capacity by introducing multiple state models, while maintaining characteristics such as decentralization, ease of running nodes, and censorship resistance as much as possible.
Odaily News Ethereum co-founder Vitalik Buterin said in a post on X that the Bitcoin community deserves recognition for advancing related technical concepts, including UTXO (Unspent Transaction Output) state optimization solutions such as Utreexo. The scaling roadmap Ethereum is currently exploring is precisely about integrating the advantages of different blockchain state models in practice.Vitalik Buterin pointed out that Ethereum hopes to simultaneously possess the advantages of UTXO-mode state, dynamic state, and solutions in between, enabling the vast majority of network activity to achieve "hyperscale" without sacrificing decentralization, node operation convenience, or censorship resistance.Vitalik Buterin stated that future Ethereum scaling is not about simply replicating a single architecture, but rather about combining different design philosophies to improve throughput while maintaining network openness and security.Among these, Utreexo is a state compression solution proposed by the Bitcoin ecosystem that reduces node storage burden by introducing accumulator technology, making full node operation more lightweight and considered helpful for improving Bitcoin's long-term scalability.
: The U.S. Securities and Exchange Commission (SEC) is reviewing a rule change proposal submitted by Cboe BZX Exchange, involving six leveraged commodity ETFs that track 3 times the benchmark's single-day performance. The SEC's initial review period is 45 days after publication in the Federal Register. Volatility Shares LLC is the sponsor of the relevant funds, with products including 3x Gold, Silver, Bitcoin, Ethereum, Crude Oil, and Natural Gas ETFs, all of which are intended to operate as commodity pools and are not registered as investment companies. Among these, the Bitcoin and Ethereum ETFs will primarily invest in near-month and next-month futures contracts on the Chicago Mercantile Exchange (CME) rather than directly holding Bitcoin or Ethereum, and will allocate cash and cash equivalents as collateral or margin. Before the relevant products can be listed, the SEC must approve the exchange's rule change, and the trust's Form S-1 registration statement must also become effective. Each fund must have at least 100,000 shares at the time of listing, and authorized participants may submit cash creation or redemption orders in increments of 10,000 shares. (Bitcoin.com News)
Grayscale Research Director Zach Pandl stated in a post on platform X that Ethereum is like a "small country," while ETH has only one core "government function": protecting property rights and value exchange within the system. Unlike traditional countries that provide public services through taxation, Ethereum mainly relies on "seigniorage," i.e., issuing new ETH, to fund network security. Under this framework, stakers responsible for maintaining network security are equivalent to the group providing public services, receiving rewards through newly issued ETH. Therefore, Ethereum's staking mechanism and ETH issuance policy essentially constitute the network's fiscal policy and monetary policy simultaneously; more security guarantees usually mean stronger property rights protection, but at the cost of higher ETH issuance volume and potential other risks. Some community members believe that Ethereum's monetary and fiscal policy design should consider the security trade-offs brought by these key ratios, but the current mechanism has not yet fully incorporated these factors. Zach Pandl added that the above analogy may not be entirely accurate as it does not yet involve other important factors such as the ETH burn mechanism, MEV, governance, etc.; how the future ETH issuance policy will be adjusted remains to be seen based on community governance results.
Odaily News: Cboe BZX Exchange is seeking approval from the U.S. SEC to list a group of leveraged commodity ETFs, including daily leveraged products with 3x long exposure to Bitcoin and Ethereum.According to a proposed rule change filed on Friday, Cboe plans to launch a 3x Gold ETF, 3x Silver ETF, 3x Bitcoin ETF, 3x Ether ETF, 3x Crude Oil ETF, and 3x Natural Gas ETF. These funds will primarily hold CME or COMEX futures contracts, with cash and cash equivalents as collateral, aiming to achieve 3x the daily performance of the corresponding underlying assets.Since these products do not meet the restrictions on leveraged products under the exchange's general listing standards, Cboe needs to obtain approval through a special rule filing. Such highly leveraged funds are typically geared toward sophisticated investors for short-term tactical trading and are not suitable for long-term holding.The filing also shows that these funds will operate as "commodity pools" and fall under CFTC regulation, rather than being structured as investment companies under the 1940 Act regulated by the SEC, as many traditional ETFs are. Commodity pools typically pool capital from multiple investors to trade derivatives or other commodity-related instruments.
According to Calcalist, Israel's Bank Leumi announced a cooperation agreement with Nasdaq-listed company Galaxy Digital, planning to launch cryptocurrency trading services within the Leumi Trade application, allowing customers to buy, sell, and hold Bitcoin, Ethereum, and Solana. The service is expected to go live in early 2027, but requires regulatory approval from the Bank of Israel. This collaboration will integrate Galaxy's Galaxy Custody (formerly GK8) blockchain infrastructure and custody services to provide customers with access to regulated digital assets.
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
crypto lending firm Figure Lending LLC offers cryptocurrency-backed loans, allowing borrowers to use Bitcoin, Ethereum, or Solana as collateral to access cash of up to 75% of the collateral's value while retaining ownership of their tokens. Such loans generally do not constitute a sale and typically do not trigger a capital gains event. Figure Lending LLC stated that borrowers should compare maximum loan-to-value ratios, fixed or variable interest rates, regulatory licensing, and liquidation terms. The firm offers fixed-rate loans with a 12-month term, a maximum annual percentage rate of 12.62%, and supports same-day funding without requiring a credit score, as approval is based on the collateral. Figure provides an optional liquidation protection feature, available in select states, which may defer liquidation during the loan term due to price declines; however, liquidation may still occur if the loan becomes delinquent. This feature does not apply to non-payment, default, or violation of loan terms, and declines in crypto asset prices may still trigger margin calls. (Decrypt)
Odaily News: The Central Bank of Russia (Bank of Russia) will restrict retail investors from trading cryptocurrencies on regulated exchanges starting September 1, with trading limited to Bitcoin, Ethereum, and USDT only. Non-qualified investors will have an annual purchase limit of 300,000 rubles (approximately $3,600) through a single intermediary, while qualified investors will not be subject to any upper limit. These rules further clarify the legislation passed in July, but cryptocurrency payments remain prohibited under current laws in Russia. (CoinDesk)
Odaily News: The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have separately filed civil lawsuits against Goliath Ventures and its founder, Christopher Delgado, alleging the operation of a crypto Ponzi scheme involving approximately $400 million. The SEC stated that the company raised at least $425 million from over 1,300 investors through unregistered securities offerings.The SEC said Goliath Ventures promised to invest funds into crypto liquidity pools and offered monthly returns of 3% to 10%, but did not actually invest any funds or crypto assets. Christopher Delgado allegedly misappropriated at least $51 million for personal expenses. The CFTC stated that approximately 1,600 customers contributed at least $397 million for Bitcoin and Ethereum trading.Christopher Delgado has agreed to settle the SEC case, with specific terms still pending court approval. The CFTC is seeking restitution, disgorgement, civil penalties, and permanent injunctions. Previously, he pleaded guilty to conspiracy to commit wire fraud, wire fraud, and money laundering, and admitted to causing investor losses of at least $250 million. (Cointelegraph)
Odaily News ENS DAO has voted to pass the "Next Era of ENS DAO" proposal and completed on-chain execution, officially establishing the ENS Foundation to usher the ENS ecosystem into a new phase of governance.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members. It will be responsible for ENS's institutional work in legal, policy, standards-setting, and brand protection. ENS stated that over the past nearly decade, it has developed into critical infrastructure within the Ethereum ecosystem, with millions of registered domain names and integration across numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks a legal entity status, which prevents it from effectively participating in internet naming system governance, signing institutional cooperation agreements, hiring full-time employees, safeguarding trademark rights, or engaging in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. Going forward, the Foundation will be responsible for:1. Representing ENS in internet standards organizations such as ICANN, IETF, and W3C, to promote the recognition and management of the ".ens" top-level domain (TLD);2. Participating in policy discussions as a legal entity, communicating with regulators and government agencies;3. Holding and protecting ENS trademarks and intellectual property, and combating phishing and impersonation activities;4. Hiring full-time employees to manage ecosystem operations, grant programs, and treasury management;5. Serving as the formal cooperation entity between traditional institutions such as registrars and standards organizations and the ENS ecosystem.
According to Yonhap News, the phenomenon of "reverse Kimchi premium" in South Korea's virtual asset market has continued to intensify since the beginning of this year. According to monitoring by on-chain data platform CryptoQuant, the average Bitcoin Kimchi premium index in early August was -0.48%, and the Ethereum average was -0.49%, meaning domestic prices were lower than those on overseas exchanges. Of the 221 days this year, the number of days with a reverse Bitcoin Kimchi premium reached 123, marking the first time since CryptoQuant began tracking this data in July 2020 that it exceeded the number of days with a positive premium. The record for the longest consecutive streak was also recently broken—from June 20 to July 24 this year, a reverse premium was recorded for 35 consecutive days, surpassing the previous historical record of 23 days. Analysts noted that the continued expansion of the reverse Kimchi premium mainly stems from three factors: first, the South Korean stock market has continued to strengthen, attracting a large number of investors to shift away from the crypto market; second, tighter regulations have prevented new services such as derivatives from being launched, suppressing the inflow of new funds; third, the crypto asset taxation policy is about to be implemented, further depressing investment attractiveness.
Odaily News: Vitalik posted on X platform, stating that he has updated the 2023 roadmap diagram, overlaying the items listed at that time onto their corresponding positions in the current Strawmap. Overall, there is significant overlap between the two, but the order of some items has been rearranged—for example, quantum security has been prioritized higher; some items have been deprioritized, such as VDF and many EVM improvements; and some items have been replaced by better constructions, such as Verkle evolving into unified BT and then PBT, with state expiration being replaced by new state types. However, the most notable change is that the Strawmap includes some entirely new additions not present in the diagram, as these were not in the 2023 roadmap, reflecting shifts in priorities. The main additions include: - Giving first-class priority to strong privacy, including keyed Nonces and recent roots, parts of FOCIL, lean privacy pools, and Wormholes; - Advancing scalability around post-quantum scenarios, including leanSPHINCS signatures and aggregation, and zkzk frames; - Pushing forward the Lean specification to assist formal verification. Full formal verification of everything is now feasible thanks to modern AI; - Blob and Gas futures, a concept that did not exist in 2023; - Native Rollups—back in 2023, SNARKs were far from mature enough to consider this direction; - Opening up a more expansive design space for "the future of EVM." zkzk frames already imply that the protocol will offer users a non-EVM ISA, with the main current candidates being leanISA and RISC-V. These ISAs are simpler, more modern, and more efficient than the EVM. Once introduced, they can be opened up to all developers, transforming the EVM into an intermediate representation (IR) built on top of these ISAs, rather than a built-in feature that significantly increases base protocol complexity. However, deeper exploration in this area is still premature even for the Strawmap; - New state types are not just a replacement for state expiration, but a fundamentally different paradigm for how Ethereum scales. He noted that a common theme across the scalability space is reflected in two new ideas—state types and zkzk frames: rather than trying to maximize the extension of all Ethereum activity, it is better to create specialized mechanisms with restrictive properties that are therefore better suited for scalability, while carrying the heaviest load from current and future users and applications, such as token transfers, swaps, and privacy protocols. Another common theme is treating STARKs and AI-accelerated formal verification as first-class objects, and building Ethereum's technological future upon them. Recursive STARKs appear at multiple layers of the protocol, and one specific primitive, "aggregate to union verified dependencies," is expected to be used in three locations in the protocol: the execution layer, consensus layer, and data layer. Its safety can only be ensured thr
Odaily News: Tether's Q2 net operating profit was $1.5 billion, primarily derived from interest generated by its U.S. Treasury holdings and repurchase agreements. As of June 30, Tether's reserve buffer stood at $4.11 billion, with assets exceeding liabilities by the same amount. USDT's circulating supply increased by $446 million to $184.6 billion, accounting for over 60% of the global stablecoin market. DeFiLlama data shows the global stablecoin market size is approximately $307 billion, with Tether remaining one of the major holders of U.S. Treasury securities. Asset management firm BlackRock has launched two tokenized money market products aimed at stablecoin issuers to help meet reserve requirements under the U.S. GENIUS Act. One of the funds tokenizes shares of its existing Treasury liquidity strategy on Ethereum, while the other is an institutional-grade money market instrument designed to support multiple chains and automatically reinvest returns.
Odaily News - Ethereum Improvement Proposal EIP-8363 ("Tapered Issuance Burn") has triggered strong backlash from the community, becoming one of the most contentious debates over Ethereum's economic model since The Merge. The proposal, put forward by Ethereum Foundation researcher Justin Drake, ETHCC co-founder Jerome de Tychey, and others, aims to gradually reduce validator rewards as the ETH staking ratio rises, ultimately bringing new issuance down to zero when staked ETH reaches 50% of the total supply.However, the proposal has drawn opposition from DeFi developers, staking service providers, and institutional investors alike. Critics argue that lowering staking yields could weaken the network's decentralization, disrupt Ethereum's DeFi ecosystem, and heighten market uncertainty around ETH's monetary policy. Opponents believe market mechanisms can already naturally regulate staking demand. Berryman noted that as yields decline to around 2%, new staking demand may naturally taper off, without the need for protocol-level changes to issuance policy.Ether.fi founder Mike Silagadze stated that the proposal is "detrimental to decentralization, Ethereum adoption, and the network's reputation." Bitwise Ethereum business lead Steve Berryman also pointed out that institutional investors require policy certainty, and adjusting the issuance mechanism could introduce additional uncertainty. Greg Koumoutsos, technical research lead at the Lido Labs Foundation, noted that Ethereum pays not only in "slashable ETH" but also in decentralization, node diversity, censorship resistance, and network resilience. Aave founder Stani Kulechov also warned that reducing ETH staking yields could impact the DeFi ecosystem, as a large volume of staking derivatives has become an integral part of lending and yield strategies.Additionally, the community is concerned that lowering staking rewards could paradoxically intensify centralization. Since individual validators lack economies of scale, declining yields may drive smaller nodes to exit, while large exchanges and institutional staking providers—backed by greater business demand—could continue expanding their market share.Currently, EIP-8363 involves not only staking reward adjustments but has also sparked broad discussions over Ethereum's long-term monetary policy, governance stability, and institutional confidence. The community believes that such a significant change to the economic model requires more thorough debate and a longer evaluation period. (Cointelegraph)
The U.S. Digital Asset Market Clarity Act (CLARITY Act) failed to seize a critical advancement window before the Senate's summer recess, and the market is now focusing on whether the U.S. crypto industry can continue to develop even if the bill ultimately fails.Analysts believe that if the CLARITY Act fails to pass, it would be a significant setback for the crypto industry, but not a fatal blow. The bill was designed to clarify the boundaries between securities, commodities, and other categories of digital assets, determine the agencies responsible for overseeing related businesses, and grant the U.S. Commodity Futures Trading Commission (CFTC) clearer regulatory authority over crypto commodity trading.Currently, the bill's progress has stalled, and the likelihood of comprehensive crypto market structure legislation being enacted before the end of the year is declining. This means the U.S. may still lack a clear digital asset regulatory framework, particularly regarding oversight of trading in major crypto assets such as Bitcoin (BTC) and Ethereum (ETH), where jurisdictional gaps remain between the CFTC and the U.S. Securities and Exchange Commission (SEC).However, industry insiders point out that even if the CLARITY Act fails, the SEC and CFTC are still likely to continue advancing industry development through policy statements, regulatory guidance, and existing enforcement authority.In recent years, both agencies have issued multiple pieces of guidance clarifying the regulatory boundaries of business models such as crypto mining, Meme coins, and staking rewards. One of the most significant measures among these is the digital asset taxonomy framework, which seeks to establish standardized regulatory classifications for different types of digital assets. (CoinDesk)
The Ethereum Foundation (EF) is globally recruiting Protocol Security Researchers (Remote Full-time), a role within the Protocol Security team. The team is responsible for identifying and intercepting vulnerabilities before they reach mainnet, with work covering Execution Layer/Consensus Layer security reviews, AI-assisted vulnerability discovery, fuzzing, specification audits, and coordinating vulnerability disclosure. Candidates are required to have deep experience with the Ethereum protocol, be familiar with EL/CL specifications and client implementations, and be proficient in languages such as Go, Rust, Java, C#, Nim, or Python. There are no hard requirements on years of work experience, with technical depth being the core consideration.