Morning Report | One week after the full implementation of the EU MiCA, 21 stablecoin issuers and over 270 crypto service providers have obtained regulatory qualifications; Microsoft lays off 4,800 employees, with Xbox accounting for about 3,200 of the...

Compiled by: ChainCatcher

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What important events have occurred in the past 24 hours?

U.S. SEC Releases 2026 Regulatory Agenda Statement: Promoting Tokenized Securities Trading and Advancing Crypto Regulation

According to ChainCatcher, Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), released a statement regarding the 2026 regulatory agenda, which indicates that a series of regulatory reforms will continue to be advanced. This includes adapting the regulatory framework to the current market environment, actively embracing innovation and new technologies, implementing President Trump's goal of "making America the global crypto capital," promoting more crypto-related products in the U.S. market, establishing clear financing rules for crypto assets, and clarifying the roles of market participants in on-chain custody and facilitating on-chain tokenized securities trading. In terms of capital market reform, the SEC will advance the "Make IPOs Great Again" plan by reforming the information disclosure system and reducing compliance costs for companies going public, while maintaining necessary investor protection measures.

Vanguard Group Openly Recruiting Digital Asset Head, Previously Stated Crypto Assets Do Not Align with Its Long-Term Investment Philosophy

According to ChainCatcher, Vanguard Group's recruitment information shows that it is hiring a head of digital assets for its personal wealth business. The job requirements include over 10 years of relevant experience, a deep understanding of digital assets (tokenization, stablecoins, custody, settlement, etc.), and the ability to innovate and manage risks in a regulatory environment. This position will be responsible for developing Vanguard's strategy, roadmap, and execution in the digital asset space, including assessing digital asset capabilities, product development, operational models, and cross-functional collaboration with product, technology, operations, risk, legal, and compliance departments. The individual will also represent Vanguard in external communications with industry participants, regulators, and clients. It is reported that Vanguard began allowing brokerage clients to trade crypto ETFs and mutual funds in December last year, but the company has clearly stated that it has no plans to issue its own crypto investment products, believing that digital assets still do not align with its long-term investment philosophy.

EMURGO Announces Hacked Cardano Wallet SecondFi Will Permanently Cease Operations

According to ChainCatcher, EMURGO, the founding entity of Cardano, stated on Monday that the wallet service SecondFi, which was hacked, will not resume normal operations even after a security audit, and all users are required to migrate their assets through the official recovery process. SecondFi is a rebranded version of the Yoroi wallet, which EMURGO claims is the largest wallet provider for Cardano. According to EMURGO's incident report on June 25, the service suffered four independent wallet theft incidents on June 22, with 374 addresses compromised and approximately 16 million ADA (worth about $2.4 million at the time) stolen. The team also took emergency measures to secure about 129 million ADA. EMURGO stated that the compromised wallets should be considered permanently exposed at the address and private key level, and restoring damaged mnemonic phrases to other wallets cannot eliminate the risk. EMURGO plans to launch an isolated wallet status check tool this week, followed by providing a secure export tool and an offline migration workshop in Tokyo, and is building a special repair fund for on-chain recovery systems, which will return assets to affected users after external audits are completed.

AVAX One CEO Jolie Kahn Resigns, COO Takes Over as Interim CEO Amid Nasdaq Compliance Pressure

According to ChainCatcher, AVAX One Technology (AVX), a Nasdaq-listed digital infrastructure company, announced that CEO Jolie Kahn resigned on July 3, and COO Pete Wylie will serve as interim CEO. The company stated that the departure was "mutually agreed" and did not involve operational, policy, or practical disagreements. Under the separation agreement, Kahn will receive a one-time cash compensation of $160,000 and common stock valued at $250,000. The board has hired global executive search firm ZRG Partners to find a permanent successor. This leadership change comes as AVAX One faces compliance pressure from Nasdaq, having previously received a notice for its stock price falling below the minimum requirement of $1. Shareholders approved a 1:12 reverse stock split on May 29, which took effect on June 15. AVAX One's main business includes mining Bitcoin in Alberta and Ohio with a hash rate of about 300 PH/s, holding a strategic treasury of AVAX and earning staking yields, and building modular data centers for AI and high-performance computing.

One Week After Full Implementation of EU MiCA, 21 Stablecoin Issuers and Over 270 Crypto Service Providers Obtain Regulatory Qualifications

According to ChainCatcher, Patrick Hansen, Senior Director of EU Strategy and Policy at Circle, cited temporary registration data from the European Securities and Markets Authority (ESMA) regarding MiCA compliance statistics one week after full implementation of the regulation. Currently, there are 21 authorized electronic money token (EMT) issuers in the EU, distributed across 12 member states, issuing a total of 35 EMTs, pegged to 8 types of fiat currencies; among them, France continues to lead with 6 licensed issuers. Meanwhile, the number of approved asset-referenced token (ART) issuers remains at 0, while the total number of registered crypto asset service providers (CASPs) under the MiCA framework has exceeded 270.

Crypto Exchange EDX Markets Completes $76 Million Series C Financing, Led by SBI Holdings

According to ChainCatcher, EDX Markets, a crypto exchange supported by Wall Street giants, announced the completion of $76 million in Series C financing, led by Japan's financial group SBI Holdings. The funds will be used to expand its institutional digital asset trading, clearing, and settlement capabilities, accelerate product development, and promote global business expansion. SBI previously launched a yen stablecoin (JPYSC) supported by a trust bank and plans to handle USD stablecoins such as RLUSD and USDC in Japan. This investment is seen as part of its strategy to strengthen compliance in digital asset infrastructure. Earlier this year, EDX launched the "EDX Flow Connect" crypto-as-a-service product and submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a regulated custody and clearing entity, EDX Trust, to provide custody, clearing, settlement, and risk management services for institutions.

Binance to Add 10 bStocks Tokenized Securities as Collateral Assets

According to ChainCatcher, Binance will add 10 bStocks tokens on July 7, 2026, at 21:30 as qualified collateral assets—Alphabet (GOOGLB), Qualcomm (QCOMB), Coinbase (COINB), State Street SPDR S&P 500 ETF Trust (SPYB), Western Digital (WDCB), Corning (GLWB), Nebius (NBISB), Semicon Bull 3X ETF (SOXLB), Roundhill Memory ETF (DRAMB), and Cerebras (CBRSB)—which eligible users can use as margin collateral.

Binance to Launch 10 bStocks Trading Pairs

According to ChainCatcher, Binance will launch 10 bStocks tokenized securities trading pairs on July 7, 2026, at 21:30, including Cerebras (CBRSB), Coinbase (COINB), Roundhill Memory ETF (DRAMB), Corning (GLWB), Alphabet (GOOGLB), Nebius (NBISB), Qualcomm (QCOMB), Semicon Bull 3X ETF (SOXLB), State Street SPDR S&P 500 ETF Trust (SPYB), and Western Digital (WDCB), and will enable spot algorithm trading bot services. The zero trading fee promotion for the above trading pairs will last until September 1, 2026, at 07:59.

European Central Bank Requires Banks to Submit Plans to Address AI Cybersecurity Threats

According to ChainCatcher, the European Central Bank has required banks to develop plans to address the growing cybersecurity threats posed by cutting-edge AI models such as Anthropic's Claude Mythos. In a letter to the CEOs of banks, ECB Chief Supervisory Officer Claudia Buch requested that lending institutions submit action plans by the end of October. She urged banks to accelerate software patch updates, strengthen AI-driven cyber defenses, and enhance oversight of third-party vendors, while emphasizing that banks need to modernize their infrastructure in the long term. Buch stated, "The ECB calls on all significant institutions to immediately assess the impact of the evolving threat landscape and develop comprehensive action plans outlining specific measures to strengthen relevant controls." ECB President Lagarde warned last month that artificial intelligence could lead to a financial crisis and stated that bank CEOs need to ensure preparedness and recognize that countermeasures require significant investment. The ECB has conducted severe scenario cyber attack tests on 109 banks, and most of the identified vulnerabilities have been addressed.

10x Research: Bitcoin Mining Stocks Retrace 20%, Trends Affected by AI and Semiconductor Narratives

According to ChainCatcher, a report from 10x Research indicates that Bitcoin mining stocks have largely decoupled from Bitcoin price movements and have experienced a retracement of about 20%. The report states that Bitcoin mining companies are currently deeply tied to the AI theme, with the current AI narrative focusing more on global supply chains and competition rather than crypto adoption or financial digitization. Additionally, the performance of Chinese LLM concept stocks and the outlook for the South Korean semiconductor supply chain are directly influencing the trends of Bitcoin mining stocks. Data shows that the price movements of RIOT stocks have become more synchronized with the Semi SOX ETF since April 2026, with both recently retreating from their highs, indicating that the performance of Bitcoin mining stocks is being influenced by sentiment in the semiconductor and AI computing power chains.

Coinbase Obtains UK MiFID License, Will Offer Derivatives and Stock Trading to UK Users

According to ChainCatcher, Coinbase announced that it has obtained a UK investment services license (MiFID) and will offer traditional financial product trading services to UK users in the future. Institutional and professional traders will be able to trade perpetual contracts for crypto, stocks, and commodities, while retail users will be able to trade stocks on the Coinbase platform for the first time. Coinbase stated that this license will complement its existing UK electronic money license and crypto asset registration qualifications, forming a regulatory framework that represents the largest expansion of product capabilities since the company entered the UK market, and will further advance its "Everything Exchange" strategy. The platform will gradually support services such as stablecoin payments, savings, lending, and tokenized real-world assets (RWA).

South Korea's Financial Supervisory Service Warns Again About Excessive Leverage Investment Risks

According to ChainCatcher, Lee Chan-jin, head of South Korea's Financial Supervisory Service, reiterated at the third Consumer Risk Response Agreement meeting held yesterday that "the phenomenon of leveraged investment is spreading throughout the financial industry and could severely harm household financial health." Lee emphasized that households with excessive concentration of financial assets in specific assets or using leverage beyond their capacity not only face significant loss risks but also severely undermine overall household financial health. Additionally, Lee required financial companies to fully explain the structure and risks of leveraged investments throughout the entire process of designing, manufacturing, and selling financial products, and to strictly manage and avoid inducing "borrowed money investment" sales practices.

Probability of Fed Keeping Rates Unchanged in July at 74.3%, Probability of Rate Hike in September at 46.2%

According to ChainCatcher, reports from Jin10 indicate that CME's "FedWatch" shows a 74.3% probability that the Fed will keep rates unchanged in July, with a cumulative 25 basis points rate hike probability of 25.7%. By September, the probability of keeping rates unchanged is 42.9%, with a cumulative 25 basis points rate hike probability of 46.2% and a cumulative 50 basis points rate hike probability of 10.8%.

Bitget CFD Chief Analyst: Rate Hike Expectations Cooling, Technical Analysis Will Fully Take Over Market Trends

According to ChainCatcher, today, Bitget CFD Chief Analyst Lewis Huang pointed out in an online live broadcast themed "Cooling Rate Hike Expectations: Technical Analysis Takes Over Trends" that the current global financial market is at a critical juncture of alternating macro narratives and market movements. He emphasized that with the recent release of overall economic data, market concerns about the Fed maintaining an aggressive rate hike path have significantly cooled. Against the backdrop of weakening macro fundamental pressures, funds are seeking direction again, and market logic will gradually shift from "news-driven" to "technical-driven." Regarding the current market landscape, Lewis Huang stated that when macro expectations tend to be consistent or stable, "technical analysis will reflect all market information." In the practical analysis segment of the live broadcast, he deeply dissected the latest chart structures of gold, U.S. stocks, and popular stock indices. He pointed out that due to the retreat of rate hike risks, non-yielding assets (such as gold) and risk assets (such as stock indices) are showing clearer technical boundaries. He suggested that CFD traders should temporarily weaken their reliance on macro data speculation at this stage and shift their trading focus to price behavior itself, flexibly capturing swing and trend trading opportunities under market sentiment shifts based on key support and resistance levels and trend indicators.

Data: $533 Million Liquidated Across the Network in the Past 24 Hours, $239 Million Long Liquidations, $294 Million Short Liquidations

According to ChainCatcher, data from Coinglass shows that $533 million was liquidated across the network in the past 24 hours, with $239 million in long liquidations and $294 million in short liquidations. Among them, Bitcoin long liquidations amounted to $93.125 million, Bitcoin short liquidations amounted to $150 million, Ethereum long liquidations amounted to $40.677 million, and Ethereum short liquidations amounted to $93.467 million. Additionally, in the last 24 hours, a total of 97,825 people were liquidated globally, with the largest single liquidation occurring on Binance - ETHUSDT worth $11.6027 million.

Data: Ethereum Spot ETF Saw Total Net Inflow of $29.082 Million Yesterday, Marking Three Consecutive Days of Net Inflows

According to ChainCatcher, data from SoSoValue shows that the Ethereum spot ETF had a total net inflow of $29.082 million. The Ethereum spot ETF with the highest single-day net inflow was Blackrock ETF ETHA, with a single-day net inflow of $29.7415 million, and the historical total net inflow of ETHA has reached $11.125 billion. The second highest was VanEck ETF ETHV, with a single-day net inflow of $1.2415 million, and the historical total net inflow of ETHV has reached $165 million. The Ethereum spot ETF with the highest single-day net outflow was Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $2.7472 million, and the historical total net outflow of ETHE has reached $5.332 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $9.02 billion, with an ETF net asset ratio (market value compared to total Ethereum market value) of 4.38%, and the historical cumulative net inflow has reached $10.889 billion.

Data: Bitcoin Spot ETF Saw Total Net Inflow of $266 Million Yesterday, Blackrock IBIT Led with $209 Million Net Inflow

According to ChainCatcher, data from SoSoValue shows that the Bitcoin spot ETF had a total net inflow of $266 million. The Bitcoin spot ETF with the highest single-day net inflow was Blackrock ETF IBIT, with a single-day net inflow of $209 million, and the historical total net inflow of IBIT has reached $60.203 billion. The second highest was Grayscale Bitcoin Mini Trust ETF BTC, with a single-day net inflow of $42.2504 million, and the historical total net inflow of BTC has reached $2.441 billion. The Bitcoin spot ETF with the highest single-day net outflow was Grayscale ETF GBTC, with a single-day net outflow of $44.4527 million, and the historical total net outflow of GBTC has reached $27.215 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $77.318 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.04%, and the historical cumulative net inflow has reached $51.345 billion.

Naver Financial and Dunamu Equity Swap Again Delayed to December 31

According to ChainCatcher, South Korea's Digital Asset reported that the comprehensive equity swap date between Naver Financial and Dunamu, the parent company of crypto exchange Upbit, has been delayed again from September 30 to December 31, marking the second delay this year, having previously been postponed from June 30 to September 30 in March. The equity swap ratio remains unchanged, with 1 share of Dunamu exchanged for 2.5422618 shares of Naver Financial. Dunamu stated that the transaction still requires approval from the Fair Trade Commission for corporate mergers, approval for major shareholder changes under the Credit Information Act, and reporting of major shareholder changes under the Specific Financial Information Act, and progress may lead to further delays or even cancellation of the transaction. Dunamu also noted that legislative discussions on the basic law for digital assets are underway, and future regulatory content may impact the conduct or outcome of the equity swap.

On-Chain Clearinghouse KOR Protocol Completes $7.5 Million Series A Financing at $100 Million Valuation, with Participation from 1kx and Others

According to ChainCatcher, The Block reported that KOR Protocol, an on-chain clearinghouse in the entertainment sector, announced the completion of $7.5 million in Series A financing, with a valuation of $100 million. Investors include 1kx, Blockchain Capital, and previous investors such as Republic Crypto, Sfermion, and Alumni Ventures. KOR Protocol is building an on-chain creative asset clearing platform for registering, verifying, and settling creative works such as music and film, and will provide programmable revenue sharing to creators and rights holders through stablecoins like USDC. KOR stated that the funds will be used for platform development, ecosystem growth, and partner integration, and plans to launch a token.

Tether Makes Strategic Investment of $20 Million in Mercado Bitcoin to Accelerate On-Chain Infrastructure Development in Latin America

According to ChainCatcher, stablecoin issuer Tether announced a strategic investment of $20 million in Latin America's on-chain financial services platform Mercado Bitcoin to support its development in asset tokenization, payments, credit, capital markets, and compliant digital financial services. Founded in 2013, Mercado Bitcoin has expanded from a digital asset trading platform to a comprehensive on-chain financial infrastructure platform, covering trading services, tokenized investment products, lending, stablecoin payments, banking infrastructure, and cross-border financial services. The funds from this financing will primarily be used to expand payment infrastructure, scale tokenized products for institutional and retail investors, develop credit business, advance on-chain capital market construction, seek strategic cooperation opportunities, and promote international expansion.

CryptoQuant Analyst: Strategy Records Largest BTC Sale, Futures Market Shows Obvious Cooling

According to ChainCatcher, CryptoQuant analyst Axel Adler Jr. stated that Strategy recently sold 3,588 BTC, marking the largest recorded Bitcoin sale, with the related funds used for preferred stock payments and replenishing dollar reserves. According to the Form 8-K document, this sale was executed in two batches: 1,363 BTC were sold from June 29 to June 30 at an average price of $59,256, generating $80.8 million; 2,225 BTC were sold from July 1 to July 5 at an average price of $60,773, generating $135.2 million, for a total revenue of $216 million. The related funds were used for preferred stock payments and replenishing dollar reserves. Axel noted that this sale was driven by debt obligations and does not represent a change in Strategy's long-term Bitcoin strategy, unlike the sales made in 2022 for tax optimization. As of July 5, Strategy still holds 843,775 BTC and $2.55 billion in reserves, with this sale accounting for about 0.4% of its Bitcoin reserves. He also pointed out that after the news was released, positions in the Bitcoin futures market showed a significant cooling, with the comprehensive market index (IMI) dropping from about 80 to 32.6, briefly approaching 20, entering a bearish range; however, Bitcoin prices have largely remained in the range of $61,600 to $64,200, still above the 30-day fair value of $61,800. Analysts believe that the market is currently viewing this sale as passive liquidity management rather than the beginning of a systematic reduction.

Microsoft Lays Off 4,800 Employees, Xbox Faces About 3,200 Job Cuts

According to ChainCatcher, Microsoft announced the layoff of 4,800 positions, accounting for about 2.1% of its global workforce. The Xbox gaming division is the hardest hit, having already laid off 1,600 people on July 6, with another 1,600 expected to be cut within this fiscal year, totaling about 3,200 positions. Xbox CEO Asha Sharma, who took over in February, admitted to employees that the business is currently not healthy, stating that Xbox's profit margins are three to ten times lower than those of similar platforms and publishing businesses, with rising console component costs exacerbating competition pressure from Sony's PlayStation and Nintendo's Switch. Microsoft will also divest four previously acquired studios, with Compulsion Games and Double Fine operating independently, while Ninja Theory and Undead Labs will be transferred to new owners, partially retracting the gaming landscape built by the $68 billion acquisition of Activision Blizzard three years ago. Chief Human Resources Officer Amy Coleman stated that the company launched a buyout plan in April, with over one-third of eligible employees accepting it. Microsoft's stock price has fallen about 19% over the past six months.

U.S. Judge Restores Fraud Claims Against Barry Silbert and DCG

According to ChainCatcher, a federal judge in Connecticut has restored investors' common law fraud claims against Digital Currency Group founder Barry Silbert, DCG, and other defendants in the Genesis Yield lawsuit, while allowing related federal securities law claims in the case to proceed. This ruling revises an earlier decision made by the court in February this year. The plaintiffs previously argued that the court had the authority to hear their state law claims under the Class Action Fairness Act. Judge Stefan Underhill accepted this view and re-examined the relevant state law claims. The case revolves around the failed Genesis Yield lending project, which allowed users to deposit crypto assets and earn interest. Investors allege that Silbert, DCG, and other defendants misled customers about the company's financial health and risk controls, knowing there were issues before Genesis suspended withdrawals and filed for bankruptcy in early 2023. However, not all state law claims were restored. The court dismissed four state consumer protection-related claims and suspended three other state-related claims. Overall, this ruling brings the fraud liability dispute against DCG and Silbert back into focus.

Tokenized Sovereign Debt Platform M1X Completes $5.5 Million Seed Round Financing, Led by Paradigm

According to ChainCatcher, tokenized sovereign debt startup M1X Global has completed $5.5 million in seed round financing, led by Paradigm, with participation from Breed VC and others. M1X Global previously collaborated with the Republic of the Marshall Islands to assist in issuing on-chain sovereign debt instruments USDM1. This product is a dollar-denominated, tokenized sovereign debt instrument supported 1:1 by U.S. Treasury bonds, issued natively by sovereign nations on public chains. USDM1 was initially issued on Stellar and is now also available on Canton and Solana. M1X President and COO Jordan Goldman stated that sovereign debt is one of the largest asset classes globally, but prior to USDM1, it did not exist in a native on-chain form. The company aims to establish USDM1 as on-chain sovereign collateral and expand its use in regulated financial markets. The initial application scenario for USDM1 is domestic government aid distribution. Citizens of the Marshall Islands can receive funds through the Lomalo wallet, enabling payments to be completed in seconds without relying on traditional banking networks. M1X also stated that recent integration with the U.S. FDIC-insured Bank of Guam further connects USDM1 to regulated banking infrastructure.

Binance Launches BTC Yield, a BTC-Based Yield Strategy Product for BTC Holders

According to ChainCatcher, Binance announced the launch of a new advanced financial product, BTC Yield. BTC Yield is an open-ended yield strategy product priced in BTC, designed for long-term holders who wish to explore potential yield opportunities in Bitcoin without frequent trading. BTC Yield is currently one of the first Bitcoin covered call option yield products launched by mainstream cryptocurrency exchanges for ordinary and institutional users, reflecting Binance's ongoing expansion from a trading platform to a broader financial super application. Shunyet Jan, head of Binance's exchange and trading business, stated, "BTC Yield further enriches the product choices Binance offers to users, allowing them to leverage digital assets in more ways. The covered call option strategy is already quite mature in traditional financial markets, but direct participation by ordinary investors usually has a high barrier to entry. BTC Yield simplifies this strategy, enabling Bitcoin holders seeking potential yields without frequent trading to participate more conveniently." To celebrate the launch of BTC Yield, Binance Wealth is offering a limited-time promotion, where eligible BTC Yield subscription users will have the chance to share a prize pool of 100,000 USDC.

Omdia Expects China's Semiconductor Market to Exceed $800 Billion by 2026, Memory Chips Surge 262.9%

According to ChainCatcher, Omdia's latest report, "2026 Q2 Semiconductor Application Market Forecast Tool (AMFT)," shows that driven by the large-scale development of AI infrastructure, the expected year-on-year growth rate of China's semiconductor market size has been significantly revised upward to 92.9%, reaching a total of $812.08 billion by 2026. Among them, the computing and storage categories are expected to grow by 126%, accounting for 62.9% of the overall application market, marking that the industry is fully entering the AI-driven era in sync with the global market. In the segmented chip categories, due to the surge in demand for AI cloud and edge inference leading to supply-demand tensions, China's memory chip market size is expected to skyrocket by 262.9% to $449.6 billion, with market share rising to 55.4%. At the same time, AI demand has also driven significant growth in logic chips (27.9%), analog ICs (25.4%), and microcontrollers (15%), creating significant space for improving the self-sufficiency and capacity utilization of domestic semiconductors. In contrast, the wireless communication category, primarily focused on smartphones, although experiencing an absolute scale growth of 68.8%, is expected to see its overall market share decline from 30.43% in 2025 to 26.63% due to the dual pressures of soaring storage costs and shrinking shipment volumes.

Key Components Surge, PC Brands Accelerate Adoption of Longsys and Changxin Storage to Reduce Costs

According to ChainCatcher, the Commercial Times reported that due to soaring prices of key components such as memory and SSDs, the cost pressure for equipping mainstream-priced laptops with high-capacity storage has significantly increased. Cost-competitive mainland memory and storage components are gradually penetrating the PC supply chain, with brands such as Lenovo, ASUS, MSI, Gigabyte, Acer, and even U.S. Apple accelerating the certification, introduction, or platform tuning of related products. The report noted that Lenovo has expanded its use of mainland components since this year, with flagship laptop models equipped with Yangtze Memory Technologies (YMTC) SSDs appearing on North American cross-border e-commerce platforms. U.S. brand Apple is also reported to be negotiating with the U.S. government to procure Changxin Memory (CXMT) memory to cope with rising prices. Among Taiwanese board manufacturers, MSI recently announced that it is the first to complete the verification and tuning of Changxin Memory DDR5 chips on AMD platforms at DDR5-8000+, while Gigabyte has also adopted Changxin Memory chips in some motherboard models, and ASUS and Acer have introduced memory modules from mainland manufacturers like Biwin through their own brand memory certifications or OEM models. Industry analysis suggests that while the short-term imbalance between supply and demand for memory is prompting non-mainland brands to accelerate related certifications, limited by mainland manufacturers' capacity, Taiwanese brands still emphasize that long-term contracts with Korean manufacturers remain their main supply partners.

Polymarket Sued by Users Over Settlement Dispute in Strategy Bitcoin Sale Market

According to ChainCatcher, court documents from New York state show that William Wood and Thomas Bush have sued Polymarket-related entities and CEO Shayne Coplan, accusing them of incorrect settlement in the market regarding "Whether Strategy Sold Bitcoin Before May 31, 2026." The lawsuit claims that the 8-K document submitted by Strategy to the SEC disclosed its sale of 32 BTC during the relevant period, sufficient to prove that the market should settle as "Yes," but Polymarket ultimately determined it as "No," and was accused of subsequently issuing a "clarification" that changed the judgment criteria.

Uniswap Initiates v4 Protocol Fee Activation Temperature Check, Introduces Layered Fee Controller System

According to ChainCatcher, Uniswap Labs has released a temperature check proposal to enable protocol fees in v4 pools. This proposal follows the rapid governance process previously approved by UNIfication and will directly enter a five-day Snapshot vote, followed by on-chain voting. Due to the Hook architecture of v4 making fee settings more complex than in v2/v3, the proposal has designed a V4 Fee Controller system, which includes two core contracts: V4FeePolicy calculates fees for any pool based on governance rules, and V4FeeAdapter is responsible for executing governance coverage and collecting fees into TokenJar. Fees are calculated in layers based on the family of the pool: first checking the specific trading pair rate set by governance, then the default rate for that family, and finally the global default rate. This proposal aims to activate fees for three types of pool families on 11 chains including Ethereum, Arbitrum, Base, and BNB Chain: static rate pools without Hooks, CCA pools after continuous liquidation auctions, and aggregator Hook pools. The rates for aggregator Hook pools will be adjusted by a 25x multiplier, with non-Base chains defaulting to 10 basis points (3 basis points for stablecoin pairs) and Base chains defaulting to 3 basis points (1 basis point for stablecoin pairs). All fees will flow into each chain's TokenJar, and the amount of UNI burned on L2 and Alt-L1 will be cross-chain bridged to the Ethereum mainnet and sent to the 0xdead address. The Snapshot voting window is from July 7 to July 12, with on-chain voting set to start in the week of July 13. Since GovernorBravo limits each proposal to 10 operations, two on-chain votes will be submitted in parallel to cover all chains.

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Meme Popularity Rankings

According to data from the meme token tracking and analysis platform GMGN, as of July 8, 09:30,

The top five popular ETH tokens in the past 24 hours are: 0xwormhole, ASTEROID, UNI, VITALIK, ETHLABS

The top five popular Solana tokens in the past 24 hours are: ANSEM, LEVI, SAPIJIJU, PUMPLON, Rizzler

The top five popular Base tokens in the past 24 hours are: SOSO, ICNT, LBM, $COBIE, CLANKER

What are some noteworthy articles to read in the past 24 hours?

How is Binance's stock business doing after 30 days?

This demand emerged against a not-so-quiet regulatory backdrop. On June 24, Binance withdrew its MiCA license application submitted in Greece, and after the EU transition period ended on July 1, it notified users in multiple EU countries to suspend certain services and halt new user registrations. On the bStocks side, the use case for trading U.S. stocks during off-market hours has been validated, and the speed of price discovery has withstood several holiday stress tests. However, within the entire tokenized stock ecosystem, the bulk of trading volume has flowed to third parties like Ondo, and bStocks' own share lacks independent data support. Overall, after a month of launching Binance's stock business, real demand has indeed emerged. However, this demand seems more like the trading needs of crypto users migrating to U.S. stocks, buying narratives and events rather than long-term allocations.

A "legal" robbery? Attackers emptied BonkDAO's treasury by buying votes

On-chain governance was once hailed as the future of community autonomy, symbolizing the ideal of token holders, rather than corporate executives, deciding the direction of funds. However, the BonkDAO incident once again highlights a core issue in the crypto industry: handing the keys to the treasury to a public vote where "anyone can spend" can become a tool for attackers if there are insufficient safeguards, such as substantive review of proposal content, higher thresholds for approval, or time locks and manual reviews before fund allocation. Even the most legitimate governance ideals can backfire.

Can Open USD Support Stripe's Ambitions?

This matter will not have an answer soon, but it has clarified one question: stablecoins are no longer just trading assets in the crypto world. They are becoming tools for payment companies, banks, platforms, merchants, and AI companies to compete for the next generation of financial network entry points. From this perspective, OUSD is not the endpoint for Stripe; it signals Stripe's attempt to shift from a payments API company to a money movement network. Five months ago, I wrote: Money will run on Stripe. Today, it seems that this statement can be pushed one step further. What Stripe wants to prove is: Money may settle on a network Stripe helped define...

Blockchain Capital Partner: AI is Rewriting the Fundamental Unit of Labor

As AI-generated content floods various channels, the premium on human judgment and craftsmanship will only increase, and the most interesting business models will emerge at the intersection of human taste and machine execution. In an agent-driven economy, the role of humans is to repackage labor. You are the orchestrator. Your job is to design a system that allows different agents to perform their roles according to specific configurations, turning out a flywheel that gradually pushes out the results you want. Your value lies in knowing what tasks to delegate, how to evaluate them, and how to combine them into something that generates compound returns. Companies will not disappear, but future companies will increasingly resemble an intelligent layer built on top of a global programmable labor market rather than a container for labor.

Founder of Baixing.com: I believe half of the statement that large language models will devour everything

So my assertion is this: Are large models important? Yes, they are the foundation, the main focus of effort in recent times. But once they become stable and continuously deliver, they will require various machines and tools above them to solve specific problems. That thick layer—how it is used and where it is used—will be the mainstream of the second wave of this trend. The phrase "devour everything" is too imprecise. Is there anything in the world, any social form, or any technology that has truly devoured everything? Finding opportunities in the places it has devoured—that is the truly important thing.