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According to South Korea's "Daily Economic News," the South Korean government has officially established policies for cultivating the blockchain and digital asset ecosystem through the "2026 Economic Growth Strategy for the Second Half of the Year." Core initiatives include launching a pilot project for the tokenization of government bonds in 2027, linking it with the central bank digital currency of South Korean banking institutions, and considering the interoperability of CBDC with other private blockchains.The legislation for digital assets is accelerating, with plans to promote the legislation of the "Fundamental Law on Digital Assets" in the second half of the year, covering the institutionalization of stablecoins and the systematization of cross-border stablecoin transactions. The government will also support amendments to capital market laws to promote the institutionalization of virtual asset spot ETFs. In terms of the competitiveness of the blockchain industry, large demonstration projects and leading technology research and development will be promoted in the fourth quarter of this year. Additionally, the government will collaborate with international organizations such as UNFCCC and GGGI to manage GVCM carbon credits in accordance with the Paris Agreement based on blockchain technology.

Coinbase launched a high-yield USDC lending tier with an annualized rate of about 7.02% a few days after the 7% yield campaign on Robinhood Earn, which is approximately double its standard tier of 3.63%. Both are routed through the decentralized lending protocol Morpho, which has a total value locked (TVL) of $7.11 billion, curated by Steakhouse Financial. However, according to analysis from the account Pink Brains, there are essential differences in the yield structures.Robinhood's 7% is composed of borrower interest, USDG treasury reserve earnings, and subsidies distributed through Merkl. The subsidies cover the gap between organic earnings and the 7% target, with organic earnings actually around 3% in the middle range, meaning about half is from subsidies. Coinbase, on the other hand, circulates funds by lending Ethena USDe to the marginal funding rate of perpetual contracts, further layering MORPHO token rewards, with no fixed cap but also no guaranteed minimum.Pink Brains pointed out that Coinbase's blended yield including rewards has dropped to 4.44%. Robinhood's subsidy commitment lasts for one year, betting on organic earnings rising with new lending demand; Coinbase's activity is unofficially estimated to last until mid-September.

According to a community alert released by Blockaid, the old governance proposals (#14 and #15) of BarnBridge Smart Yield have token authorization risks. If maliciously executed or upgraded, they may jeopardize existing token authorizations. It has not yet been confirmed that any funds have been withdrawn, but users are advised to check and revoke relevant authorizations on Ethereum as soon as possible.Proposal #14 is in an executable grace period, while proposal #15 is queued, with an expected on-chain execution time of July 16 at 09:23:58 UTC. The affected tokens include USDC, DAI, USDT, GUSD, and RAI, and the relevant contract addresses have been publicly disclosed. Blockaid reminds users to use trusted authorization management tools, not to trust links in replies or accounts claiming to be "support," and not to send funds or sign transfers to any address, only revoke authorizations through trusted tools.

According to monitoring by Lookonchain, Bitmine, owned by Tom Lee, purchased 6,000 ETH (11.18 million USD) from FalconX again 7 hours ago.

According to BFM News, the Johor state government of Malaysia has requested the federal government to investigate the Network School, founded by former Coinbase Chief Technology Officer Balaji Srinivasan, due to allegations that some Israeli citizens participated in the project using third-country passports. The Johor state government has asked the Ministry of Home Affairs and relevant law enforcement and security agencies to verify the identities, nationalities, and entry purposes of the individuals involved, and to investigate whether the operation of Network School requires registration or approval under Malaysian law.At the same time, authorities will also review whether the project complies with relevant regulations regarding site permits, building usage, land use, accommodation operations, and commercial activities. If any violations are found, actions will be taken in accordance with the law. It is understood that Network School is located in Forest City, Malaysia, founded by Balaji Srinivasan, and is a private residential community built based on his "Network State" concept, with membership fees starting at $1,500 per month, offering services such as accommodation, dining, fitness, and shared office space.

According to on-chain investigator Specter (@SpecterAnalyst), Tether has frozen four TRON chain wallets, holding a total of approximately 131 million USDT.Tracing the source of the funds, most of the funds were withdrawn from the payment service provider DTC Pay and the cryptocurrency exchange Bitso. Further investigation shows that the aforementioned wallets are linked to the Islamic Revolutionary Guard Corps (IRGC) of Iran and the Central Bank of Iran, which are on the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctions list. The official reason for the freeze has not yet been disclosed.

According to The Block, the United States and the United Kingdom are deepening their cooperation on digital assets, releasing a joint statement from the Transatlantic Future Markets Working Group, stating that regulated stablecoins have the potential to enhance the efficiency and competitiveness of the financial system. This working group was established last year to deepen cooperation between the two countries and reduce market fragmentation.The joint statement calls for the Bank of England, the UK Financial Conduct Authority (FCA), and the US CFTC and SEC to develop a framework for the treatment of tokenized assets, and instructs the FCA and SEC to "explore options to facilitate cross-border financing." The statement also proposes support for competition and innovation in assets such as stablecoins and tokenized deposits, emphasizing standards for custody, reserve isolation, and consumer protection, and providing clear priority legal claims for stablecoin holders in the event of bankruptcy. This statement comes on the one-year anniversary of the passage of the US GENIUS Act, with Federal Reserve Chairman Kevin Warsh stating at a House Financial Services Committee hearing that "relevant rules are being introduced just ahead of the July 18 deadline."

According to monitoring by Catcher Predict, in the "World Cup Golden Ball Winner" event on the prediction market Polymarket, the "Yes" option for the sub-market "Kylian Mbappé" has experienced a dramatic fluctuation in winning probability, dropping from 37.5% an hour ago to the current 22.5% (a fluctuation of 15%). Please note the impact of related breaking news.

TxFlow L1 announces the launch of its second Channel Probly, which is the first prediction market application developed based on the TxFlow Improvement Protocol 3 (TIP3). When Probly goes live, it will offer 172 real-time markets covering over 7,000 events, including continuous rolling markets with a minimum duration of 5 minutes, and supports full on-chain settlement and TxFlow L1 shared financial infrastructure.Probly covers 15 categories including politics, sports, crypto, finance, and geopolitics, and provides prediction markets related to BTC, ETH, SOL, and XRP price trends for 5 minutes, 15 minutes, 1 hour, and 4 hours. Users can access Probly through an email-based embedded wallet without managing mnemonic phrases, and can also connect compatible wallets such as MetaMask, Coinbase Wallet, Phantom, and Uniswap Wallet. Eligible settlement amounts will be automatically credited in USDC after the event resolution, without the need for separate claims.

Mizuho downgraded Circle's rating from Neutral to Underperform and lowered the target price from $85 to $50, citing increasing competitive pressure from OpenUSD.The firm stated that OpenUSD's direct pass-through model could force Circle to share more reserve income with distribution partners, thereby compressing profit margins. Mizuho lowered Circle's adjusted EBITDA forecast for 2027 to $699 million, approximately 25% below Wall Street consensus expectations, and warned that the upcoming Coinbase revenue sharing renewal could increase pressure.

According to The Block, the operational data for June disclosed by publicly listed Bitcoin mining companies CleanSpark, BitFuFu, and Canaan shows that the Bitcoin production of all three companies declined compared to May. Among them, CleanSpark produced 614 BTC in June, down from 671 BTC in May; BitFuFu produced 125 BTC, down from 177 BTC the previous month; and Canaan produced 64 BTC, down from 90 BTC the previous month.The report points out that the reasons for the production decline vary among the three companies. CleanSpark's average operating hash rate in June decreased from 46 EH/s to about 43 EH/s; BitFuFu's total hash rate dropped from 19.5 EH/s to 15 EH/s, mainly affected by a decrease in hosted hash rate, although its self-owned hash rate has risen to 3.5 EH/s; Canaan attributed part of the production decline to maintenance of the power grid at some mining sites.It is worth noting that the aforementioned production decline occurred after the Bitcoin mining difficulty was reduced by over 10% in mid-June, reaching a new low since 2026.

The ENS DAO has initiated a proposal to establish a new Security Council based on the election results of EP 6.50, with a term of two years, ending on July 16, 2028.According to the proposal description, the new Security Council will inherit existing responsibilities and continue to be responsible for canceling malicious proposals within the ENS DAO, without the authority to initiate, modify, or actively promote governance proposals. The proposal will be configured by granting the corresponding permissions to the DAO's TimelockController.The proposal also indicates that after the two-year term, if the DAO does not pass a new proposal for an extension, any address may call the relevant function to revoke its cancellation proposal authority.

The Web3 asset platform RootData has now launched the RD AI Popularity Interpretation module. This feature uses a specific AI model to deeply analyze the reasons behind project popularity, helping users quickly grasp the latest dynamics and core driving factors of projects when viewing the homepage's popular project rankings, thus enabling more efficient identification of project value and improving investment decision-making efficiency.RootData has previously launched core indicators such as the RD Popularity Index and RD Growth Index, which present real-time rankings of the top 100 projects by popularity index. The newly added AI interpretation feature will further enhance the platform's data insight capabilities, providing users with more intelligent tools to discover early alpha projects and investment opportunities.

According to Onchain Lens monitoring, Grayscale transferred 852.7 BTC to Coinbase Prime, worth 54.4 million dollars.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Rune Eaters vs. Virtus.pro - Esports World Cup Survival Match", the "Virtus.pro" option in the sub-market "Game Handicap: VP (-1.5) vs. Rune Eaters (+1.5)" has experienced a dramatic fluctuation in win probability, soaring from 32.5% an hour ago to the current 54.5% (a fluctuation of 22%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the event of the "Federal Reserve's July decision" on the prediction market Polymarket, the winning probability of the sub-market "No Change" option has experienced a sharp fluctuation, soaring from 61.5% an hour ago to the current 90.5% (a fluctuation of 29%). Please note the impact of related breaking news.

According to on-chain analyst Yu Jin's monitoring, a trading whale just converted all the remaining ETH into BTC at the ETH/BTC exchange rate. He has now fully shorted the exchange rate: a total of 30,139 ETH was sold for 859 BTC (approximately 54.09 million USD), with a shorting rate of 0.0285.He is betting that ETH will drop more than BTC or rise less than BTC, and plans to buy back more ETH after the exchange rate falls.

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged until July is 63.1%, while the probability of a cumulative increase of 25 basis points is 36.9%. By September, the probability of keeping interest rates unchanged is 28.3%, the probability of a cumulative increase of 25 basis points is 51.4%, and the probability of a cumulative increase of 50 basis points is 20.4%.

According to official news, Galaxy announced the launch of the institutional-level on-chain financing program GOFR (Galaxy On-Chain Financing Rate), allowing institutional clients to indirectly access the on-chain credit market through Galaxy, obtaining financing at a single optimized rate, with Galaxy acting as the counterparty.