News linked to both this project and an event.
According to a post by a16z crypto researcher Robert Hackett and data advisor Ryan Holloway, the tokenized stock market is experiencing explosive growth. As of June 2026, the total market capitalization of tokenized stocks reached approximately $1.7 billion, representing a more than fivefold increase from $329 million a year earlier, making it one of the fastest-growing categories among tokenized assets. On-chain data shows that monthly transfer volume surged from $53 million last June to $9.22 billion this June, a year-over-year increase of more than 170 times. The market structure has also changed significantly: the proportion of crypto-related products dropped from 79% to 21%; the AI and chip category jumped from nearly zero to a market share of 15.5%; tech giants rose from 0.6% to 10.6%; and ETFs and indices increased from 4.5% to 17.3%. At the institutional level, DTCC has completed the first live trades of tokenized Treasury bonds and stocks on Digital Asset's Canton network, with full services planned to launch in October, which will open access for Wall Street to approximately $114 trillion in DTC custodied assets. Meanwhile, Robinhood has launched its own chain, NYSE's parent company announced a joint venture with OKX (pending regulatory approval), and Coinbase and Binance have also sequentially launched offerings for non-U.S. users.
According to Reuters, prediction market platform Polymarket announced it will launch a legal challenge against the decision by the French National Gambling Authority (ANJ) to block its website. ANJ unilaterally blocked access to Polymarket in France last week, citing "potential for significant gambling losses for users" and "risk of manipulation of platform bets." Polymarket expressed disappointment over this and stated it would seek relief through French legal procedures. Previously, the Spanish government temporarily banned Polymarket and its competitor Kalshi in May this year, and US derivatives regulators also released a new regulatory draft targeting the prediction market industry in June, indicating a clear trend of tightening global regulation.
Recently, there have been numerous rumors claiming that "Xiaohongshu secretly submitted an IPO application before the end of June," but the application was hindered due to a former employee reporting its "listing compliance" issues. In response, Xiaohongshu stated that all currently circulating IPO-related information is untrue.
: U.S. prediction market platform Kalshi experienced explosive growth during the 2026 World Cup, with platform trading volume soaring from $6.67 billion on June 22 to $24.2 billion on July 14. The single "World Cup Champion" prediction market saw trading volume exceed $1.2 billion. Kalshi stated that its growth reflects a new trend in the AI era: as the volume of AI-generated content increases substantially, authentic, real-time, and non-replicable human interaction scenarios are becoming scarcer, positioning prediction markets as a novel tool for observing public sentiment and collective judgment.Meanwhile, Kalshi is seeking to transform from a sports prediction platform into the next-generation financial trading infrastructure. The company currently holds Designated Contract Market (DCM) status recognized by the U.S. Commodity Futures Trading Commission (CFTC) and plans to expand into more prediction areas including sports, geopolitics, culture, and economics. (Fortune)
Odaily News: Nigerian President Bola Ahmed Tinubu has signed an executive order to coordinate virtual asset regulation, enhance cooperation between the country's financial, tax, and capital market institutions, and address the fragmentation of digital asset regulation. The executive order establishes a Virtual Assets Committee composed of heads from Nigeria's major financial regulatory agencies to guide relevant policies. Nigeria's tax authority will update digital asset policies and provide more details on the impact on taxpayers. Bayo Onanuga, Special Adviser to the President, stated that the executive order does not create new regulatory agencies nor transfer powers between agencies; each institution retains its statutory duties and independence, and registration requirements will be determined based on the nature of the activity and the assets involved. A June report from the International Monetary Fund (IMF) shows that since 2019, Nigeria has accounted for approximately 60% of stablecoin inflows in Sub-Saharan Africa; between July 2023 and June 2024, the country's cryptocurrency inflows reached approximately $59 billion.
According to Odaily, as of June 23, 2026, Foundry Digital, AntPool, ViaBTC, and F2Pool collectively control over 70% of the Bitcoin network's hashrate, with shares of approximately 31%, 18%, 13%, and 10% respectively. Foundry Digital is a US-based mining pool backed by Digital Currency Group, primarily serving large institutions and publicly listed mining companies. In the first half of 2026, D-Central reported a Nakamoto coefficient of 3, meaning that just three mining pools would be enough to produce more than half of the blocks. ViaBTC faced stricter regulatory scrutiny in 2026, prompting some miners to shift to alternative pools like EMCD.
U.S. Senator Elizabeth Warren on July 16, 2026, asked President Donald Trump to release a full financial disclosure through July 15, covering his cryptocurrency income. The Senate is currently reviewing the CLARITY Act, a crypto market structure bill. The U.S. Office of Government Ethics released Trump's 2025 annual public financial disclosure on June 30, 2026. Warren stated the report shows Trump's crypto-related revenue at approximately $1.4 billion, more than double his total income in 2024, with crypto businesses accounting for the vast majority of his disclosed income. The disclosure documents show that Trump family members hold a 30% ownership stake in DT Marks Defi LLC, an entity whose assets include a Coinbase account valued at over $100 million, as well as a 38.25% interest in WLF Holdco LLC. DT Marks Defi LLC generated over $590 million in revenue in 2025. Trump stated on July 2 that the related income "is not illegal in any way, nor is there any problem," adding that his involvement in cryptocurrency predates his second term. He said he does not personally track profit details and noted that large institutions manage his investments.
Odaily Strategy founder Michael Saylor published a lengthy post on July 18, listing 100 reasons to oppose BIP 110. He stated that the proposal would impose restrictions on a currently valid but controversial class of transactions through Bitcoin's consensus rules, constituting governance intervention in certain use cases. BIP 110, full name "Reduced Data Temporary Softfork," was marked as Complete on Github on June 25, 2026. The proposal is planned to run for approximately one year and introduces seven new consensus restrictions, including an 83-byte limit on OP_RETURN outputs, a 256-byte cap on certain payloads and witness items, as well as restrictions on some Taproot-related structures. Michael Saylor pointed out that BIP 110 adopts a 55% miner signaling threshold, lower than the 95% threshold in the standard BIP 9 process, and removes the regular timeout and FAILED status. He believes that using a lower threshold for controversial rule changes increases the probability of a chain split and could potentially affect miner fee revenue and long-term network security. He argued that existing Bitcoin relay and mining strategy tools already allow node operators and miners to restrict unwanted transaction types without the need to change the network's consensus rules. Michael Saylor also stated that Bitcoin's base layer should remain conservative and opposed the use of consensus soft forks to regulate controversial use cases.
, New Hampshire Governor Kelly Ayotte recently signed HB 639, the Blockchain Basic Laws, to increase legal protections for digital asset users, developers, miners, validators, and businesses, and to safeguard digital asset usage and self-custody rights. The bill also authorizes the creation of a dedicated docket for blockchain-related disputes. New Hampshire's 2025 law allows the State Treasurer to invest up to 5% of specific public funds in precious metals and qualifying digital assets, with Bitcoin currently being the only asset meeting the market cap threshold. Texas Governor Greg Abbott signed SB 21 in June 2025, establishing the Texas Strategic Bitcoin Reserve. State lawmakers appropriated $10 million, and Texas subsequently made an initial investment of approximately $5 million via spot Bitcoin ETFs. A 2025 proposal in Wyoming to allow up to 3% of certain state funds to be invested in Bitcoin did not pass. However, the state continues to advance its specialized banking framework and the Frontier Stable Token. FRNT became publicly available in January 2026 and is described as the first state-issued stable token in the United States.
the French National Gambling Authority (ANJ) announced on July 17 that it will block access for users within France to the prediction market platform Polymarket, following a prior ban on accepting financial transactions from French accounts on the platform.The ANJ stated that although France had already restricted financial transactions linked to Polymarket since November 2024, the platform's website remained accessible to French users, with user traffic continuously growing. Therefore, it decided to implement further web-blocking measures.Data shows that Polymarket allows users to engage in predictive trading on the outcomes of future events, including politics, economics, and sports. Since the platform displays betting odds for different events in real-time, French regulators believe this constitutes promotion of unauthorized gambling websites.The ANJ noted: "Promoting unauthorized betting or gambling websites in any manner is a criminal offense." The relevant violations could result in a maximum fine of 100,000 euros (approximately 147,000 Singapore dollars).Regulators indicated that although French accounts are no longer able to conduct related transactions, access from French IP addresses has continued to rise, reaching 578,751 visits in June.This blockade further highlights the attention European regulators are paying to prediction market platforms. As decentralized prediction markets like Polymarket grow rapidly worldwide, how to define them—whether as financial innovation, information markets, or gambling businesses—is becoming a focal point of regulatory discussions across nations. (Straitstimes)
According to the latest poll released by CNBC, American pessimism over the economic outlook has intensified, with 61% of respondents expressing pessimism about the current economic conditions and future trajectory — the highest level since December 2023. Only about a quarter of respondents hold an optimistic view. The survey shows that a majority attribute economic pressures to President Trump's economic policies. Regarding Trump's handling of the economy, 60% of respondents expressed dissatisfaction, while only 38% approved — one of the lowest ratings on this metric in his political career.Micah Roberts, a partner at Public Opinion Strategies, stated that the overall mood among voters is currently low, with those expecting the situation to worsen outnumbering those expecting improvement by 41% to 29%. Market confidence is entering a trough phase ahead of the midterm election cycle.Meanwhile, rising living costs are forcing American consumers to cut spending. The survey found that 47% of respondents are reducing spending on necessities such as food and healthcare — up 6 percentage points from April. About two-thirds of consumers are cutting back on non-essential spending like dining out.A separate study conducted by Bain & Company in collaboration with NielsenIQ showed that U.S. grocery purchases in June fell by 1.8% year-over-year, a sharp reversal from the 0.1% growth recorded during the same period last year.Kurt Grichel, head of Bain's U.S. retail practice, noted that a typical grocery run that cost around $300 in 2019 may now require $400. The "sticker shock" from price increases is now affecting a broader range of consumers, including higher-income households.Analysts point out that high food prices, elevated fuel costs, and the Trump administration's cuts to certain social welfare programs are collectively increasing pressure on consumers. The survey found that four out of five U.S. consumers are trying to reduce spending, with more than a quarter actively cutting back on food purchases. Among them, over half have switched to cheaper brands, while 49% are buying fewer items. (ibtimes)
Odaily Planet Daily reported that the District Court of Rotterdam, Netherlands, has declared the cryptocurrency trading platform Knaken Cryptohandel BV and its affiliated foundation bankrupt. Earlier, the public prosecutor's office stated that approximately 7 million euros (around 8 million US dollars) in client assets from the platform are unrecoverable. The court ruled on Thursday that since Knaken has suspended its platform services and restricted user access to accounts, initiating bankruptcy proceedings will facilitate an orderly liquidation of the company's assets. The court noted that the company's current assets are insufficient to fully repay user funds, and users also lack sufficient information to assess their own legal rights.The Dutch Public Prosecution Service filed the bankruptcy petition on June 30, having already launched a criminal investigation into the missing funds. The Dutch Fiscal Information and Investigation Service (FIOD) also raided Knaken's offices in late June, seizing related equipment and assets.Knaken was founded in 2017, headquartered in Rotterdam, and ceased operations in early June this year. According to Dutch media NL Times, the company was not listed on the register of authorized crypto asset service providers maintained by the Netherlands Authority for the Financial Markets (AFM).The AFM previously stated that after the Netherlands concluded the transition period for the EU's Markets in Crypto-Assets Regulation (MiCA) on June 30, 2025, it has begun taking regulatory and enforcement actions against unauthorized crypto asset service providers. (Cointelegraph)
Odaily Odaily News Polymarket traders pushed the probability of the CLARITY Act being signed into law this year to 35% on July 17, recovering from a low of 24% on July 13. The contract had approached 74% in May, before falling to 48% in June as negotiations dragged on. Senate Republicans plan to release the final text of the CLARITY Act after meeting with US President Donald Trump. Senator Bernie Moreno said the updated text will be released after the meeting, with the target for Senate floor consideration set for the week of July 20. The bill needs 60 votes in the Senate to pass. Republicans currently hold 53 seats, requiring at least 7 Democratic votes in support. Democratic negotiators say the draft to be submitted to the chamber is not the version they agreed to. The dispute centers on ethics clauses involving Trump's business interests in the crypto industry.
According to data disclosed by the Korean financial industry on July 12, as of the end of June, the combined household loan balance (excluding policy loans) of the five major commercial banks—KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank—stood at 647.58 trillion won, an increase of 3.70 trillion won compared to the end of last year. Earlier this year, South Korea's financial regulatory authorities set a total household loan growth cap for financial institutions at 1.5% for the year, lower than the actual growth rate of 1.7% last year, aiming to curb the overly rapid expansion of household debt.Calculated based on this target, the total annual new household loan ceiling for the five major banks is approximately 4.34 trillion won. Broken down by bank: KB Kookmin Bank 909.2 billion won, Shinhan Bank 850 billion won, Hana Bank 880.5 billion won, Woori Bank 826.6 billion won, and NH Nonghyup Bank 870 billion won. However, the actual increase of 3.70 trillion won in the first half alone already accounts for 85.3% of the annual ceiling. The remaining quota for the year is only about 639.5 billion won, spread over the six months of the second half, making the available room extremely limited. (Wall Street CN)
the US CPI fell 0.4% month-on-month in June, the largest monthly decline since April 2020; the annual rate dropped to 3.5% from 4.2% in May, below the expected 3.8%. Core CPI fell to 2.6%, below expectations, and was flat month-on-month. Major crypto assets rose after the data release, with BTC rising from approximately $62,000 to $64,900, ETH gaining 7% to $1,884, and about $300 million in short positions liquidated. Federal Reserve Chairman Kevin Warsh stated during congressional testimony that the Fed has "zero tolerance" for persistently high inflation; if policy is correct, the inflation surge of the past five years will become a thing of the past. When asked about the CPI data, he said he does not share the view that the "mission is accomplished" and did not provide guidance on the next policy steps.
a fraud review commissioned by the UK government recommends that the Judicial College provide training for all judges and magistrates in England and Wales to address the rise in cases involving AI fraud and money laundering via cryptocurrency. The report argues that the Fraud Act 2006 is generally adequate for handling AI fraud, but the issue lies in the courts' lack of preparedness for adjudicating such cases. It recommends assessing whether the existing "Long and Complex Trials" course should be updated or replaced with specialized modules on fraud and related offenses, and considering mandatory training for judges who may preside over complex fraud cases. The report states that fraud could soon account for half of all crime in England and Wales, with an estimated 4.1 million cases occurring in the year to June 2025, affecting 1 in 14 adults and 1 in 4 businesses. The Financial Ombudsman Service estimates that over half of investment scams now involve crypto assets. The report also references the case of Qian Zhimin, who operated a Ponzi scheme in China, defrauding over 128,000 victims of approximately £5 billion and laundering the proceeds into Bitcoin. This case led to the largest confirmed Bitcoin seizure in UK history, involving over 61,000 BTC. Qian Zhimin was sentenced to 11 years and 8 months in prison at Southwark Crown Court in November.
, According to official sources, BitMart has released its 2026 first-half report. The report indicates that against a backdrop of significant pressure in the cryptocurrency market, BitMart has continued to advance product development, asset expansion, and global compliance layout, demonstrating strong platform resilience.During the reporting period, BitMart's Assets Under Management (AUM) grew approximately 256% quarter-over-quarter, and the average user lock-up period extended nearly fivefold. In terms of trading business, BitMart listed 495 new spot assets, bringing the total number of spot assets to over 1,900. Additionally, it added 492 new perpetual contract trading pairs and 197 new TradFi-related assets, further diversifying the asset classes available to users.Prediction markets, payments, and Web3 became BitMart's new growth engines in the first half of the year. During the reporting period, the cumulative card issuance for BitMart Card reached an all-time high, with transaction volume growing by 300%. The launch of the prediction market also served as a new user gateway, with June trading volume surging over 1,500% month-over-month, further enriching the platform's user engagement scenarios.
Gate's June 2026 transparency report shows the platform is continuously improving its global stock investment service system. It has built a 7×24 trading network covering the three major markets of US stocks, Hong Kong stocks, and Korean stocks, supporting users in investing in global stocks with a one-stop solution using USDT through a unified account. The platform also offers services such as a minimum investment of 0.01 shares, stock dividends, cross-broker transfer, and stock splits/consolidations. Concurrently, Gate has launched a Direct IPO product and its first project, SpaceX (SPCX), forming a complete investment chain covering Pre-IPOs, Direct IPOs, and secondary stock market trading, further expanding global asset allocation capabilities. Additionally, the platform has officially introduced Gate Wealth, integrating digital assets, stocks, ETFs, foreign exchange, commodities, and primary market investment opportunities, providing users with a more diverse selection for global asset allocation.Alongside building a one-stop comprehensive financial service platform, Gate is also strengthening its security, transparency, and global compliance efforts. According to the latest reserve data, as of June 22, Gate's total reserve size reached $8.182 billion, with an overall reserve ratio of 115%, covering nearly 500 types of user assets. This reserve level is higher than industry security benchmarks. Gate is accelerating its global compliance layout, with several of its entities having completed relevant regulatory registrations, filed for licenses, or obtained authorization and approval in jurisdictions such as Malta, the Bahamas, Japan, the United States, Australia, and Dubai. By securing multi-jurisdictional regulatory permits and registrations, it solidifies its global business foundation. Looking ahead, Gate will continue to deepen the integration of traditional finance with digital assets. Under the premise of safety and compliance, it will enhance its service systems for trading, investment, wealth management, and payments, accelerating the construction of a comprehensive financial services ecosystem covering global markets.
Hyperliquid and non-custodial wallet Phantom have jointly submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC), calling for updates to regulatory rules for on-chain trading infrastructure. The two parties argue that current CFTC rules were designed for the traditional financial system, which relies on centralized intermediaries, and are not applicable to DeFi. They suggest clarifying that developing software for on-chain trading protocols does not require registration as an exchange or clearing agency, and that non-custodial wallet front-ends should not need to register as introducing brokers. They also propose allowing regulated institutions to use blockchain for trading and clearing operations. Previously, the CFTC and the U.S. SEC jointly released a request for comment in June, seeking industry input on regulatory rules affecting financial innovation. (The Block)
Odaily, on-chain security firm Specter has released preliminary findings on the BONK DAO governance attack. After tracing on-chain fund flows, significant suspicions have emerged: the Realms founder, an address associated with Crypto Notte, shows signs of capital flow interaction with the suspected attacker's wallet.According to the review, the attacker published a malicious governance proposal on June 30. The proposal required 1% of the total BONK circulating supply in voting power to pass. Between July 4 and 5, the attacker acquired sufficient voting weight by purchasing tokens through exchanges and borrowing from Marginfi, totaling approximately $4 million, thereby pushing forward and executing the governance attack.