News linked to both this project and an event.
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
Odaily News - The Pakistan Virtual Asset Regulatory Authority (PVARA) has opened its licensing portal. Enterprises that provided virtual asset services on or before March 5 must apply for a No Objection Certificate (NOC) by September 5, or cease operations; continuing to operate without submitting an application after the deadline will constitute a violation of the law.The new regulations cover exchange, custody, broker-dealer, lending, derivatives, asset management, token issuance, and mining-related services. Service providers may first apply for an NOC, or enter PVARA's regulatory sandbox to test products before applying for a full license.Licensed institutions must segregate client assets from their own assets, and may not lend or stake customer assets without written consent, while also meeting requirements for governance, market conduct, cybersecurity, operational resilience, and anti-money laundering and counter-terrorism financing measures. PVARA has already issued NOCs to enterprises such as Binance and HTX. (Cointelegraph)
Odaily News: The U.S. Internal Revenue Service (IRS) issued a fraud alert on July 30, warning that scammers are mailing counterfeit IRS notices requiring cryptocurrency holders to register through a non-existent "Digital Asset Compliance Portal" before an urgent deadline. Each fraudulent letter contains a QR code that directs recipients to a website impersonating IRS.gov. The fake portal may request personal information, cryptocurrency wallet details, exchange login credentials, recovery phrases, private keys, or other data that could be used for theft. Cryptocurrency exchange Coinbase and cybersecurity firm Darktower traced the related infrastructure to a domain registered through a Hong Kong-based registrar shortly before the letters were distributed. Investigators found that the website is hosted in Romania, on a network previously associated with phishing pages impersonating financial institutions.
According to official information, Mantle announced today that its native cross-chain infrastructure Mantle Super Portal, jointly developed with Bybit, has migrated from LayerZero to Chainlink CCIP. Powered by CCIP, Mantle Super Portal will feature enhanced cross-chain security, decentralized node infrastructure protection, advanced risk management, and institutional-grade security standards, providing a higher level of security for cross-chain transfers of MNT tokens valued at over $2.5 billion. Furthermore, as an increasing number of regulated assets such as tokenized stocks are transferred on-chain, the underlying infrastructure supporting them must also meet traditional finance standards. This migration will further solidify Mantle's position as a "distribution layer connecting traditional finance and on-chain liquidity," and also reflects Mantle and Bybit's continued commitment to developing MNT through further integrations, opportunities, and use cases. According to the details provided, Mantle Super Portal will be temporarily closed during the migration, scheduled from July 9 to 15, 2026 (the actual timeframe may be slightly extended). No action is required from users, and transfers will automatically resume upon completion of the migration.
According to Cointelegraph, Tarek Mansour, CEO of prediction market platform Kalshi, stated that Kalshi will launch a “Parent Portal,” allowing parents to submit identification information to verify whether their children are impersonating them to circumvent the platform’s age restrictions. Kalshi will also add selfie verification to accounts, using facial recognition technology to determine whether the user matches the registered identity. The report notes that Kalshi is currently under scrutiny at both the state and federal levels in the U.S. over sports event contracts and wagers related to military operations. Meanwhile, Kalshi has argued in court that it falls exclusively under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC), and related state-level lawsuits remain ongoing.