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India imposes a uniform 30% tax on the income from virtual digital assets and an additional 1% withholding tax on the transfer amount. Approximately 54 cryptocurrency service providers in the country have registered with the financial intelligence department, serving 39 million verified users, who collectively hold about $2.1 billion in assets.The Reserve Bank of India (RBI) has repeatedly expressed to Parliament its preference for a prohibitive policy towards private cryptocurrencies and stablecoins, urging banks to avoid related exposures to protect financial stability. The long-promised cryptocurrency bill has yet to be completed.Indian government agencies are also using permissioned blockchain in non-trading scenarios. AIIMS Delhi uses blockchain to manage teacher recruitment records, the Cotton Corporation of India tracks cotton bales through a blockchain identification system, and the aviation regulator DGCA is building a digital service platform associated with blockchain.

The U.S. Securities and Exchange Commission announced that the rule change submitted by the New York Stock Exchange on July 6 is effective immediately, significantly raising the position limit and exercise limit for BlackRock's Bitcoin Spot ETF IBIT options from 250,000 contracts to 1,000,000 contracts, in order to meet the rapidly growing demand for IBIT options trading and enhance market liquidity and market maker capacity.

The perpetual contract trading platform Ostium on Arbitrum is suspected to have been attacked, resulting in a loss of approximately 12 to 18 million USDC, accounting for about 35% of its over 34 million dollar treasury size.The attacker allegedly compromised the oracle signer’s private key, utilized the registered PriceUpkeep relayer to submit favorable prices for future times, and looped opening and closing positions to deplete the treasury funds. Currently, Ostium officials have not responded.

According to Jinshi reports, Federal Reserve Chairman Waller stated that the balance sheet should be as small as possible so that it can be expanded during a crisis.

In the past 6 months, this address has accumulated an increase of 2,612.42 BTC, with a total value of approximately 170.51 million USD.

According to Arkham monitoring, the U.S. government will transfer $250,000 worth of SHIB confiscated from FTX and Alameda to a government wallet, which is expected to be used to repay FTX creditors.

Digital asset management company CoinShares stated that Open USD directly challenges Circle by generating revenue from the distribution of stablecoin reserves to partners, undermining the distribution economic model of USDC.Open USD consists of over 140 companies, including BlackRock, Coinbase, Mastercard, Stripe, and Visa. The stablecoin is expected to launch in the second half of 2026. CoinShares noted that despite the competitive pressure posed by Open USD, the existing liquidity and integration foundation of USDC may be difficult for new entrants to replicate.

The founder of the Liebit mining pool, Jiang Zhuoer, stated that he has sold the remaining 50% of his spot holdings when the ETH price was $1,931. Currently, the ETH spot position has been completely liquidated, with an overall selling average price of $1,834.5.Jiang Zhuoer mentioned that ETH has rebounded quickly and is approaching the starting point of the recent decline on June 2. There are many trapped positions above, and he expects the upper limit of this rebound to be around $2,000, which is why he chose to sell. He also reminded that this operation is only applicable to spot trading, as leveraged positions carry higher risks, and he does not recommend futures users to follow suit.

According to Coinglass data, if ETH falls below $1,830, the cumulative long liquidation intensity on mainstream CEX will reach $1.373 billion. Conversely, if ETH breaks above $2,020, the cumulative short liquidation intensity on mainstream CEX will reach $397 million.

According to monitoring by Lookonchain, in the past 3 hours, Abraxas Capital withdrew 8,153 ETH from Binance and Bybit, worth 15.3 million USD, while depositing 618 BTC to Kraken, worth 39.99 million USD.

WEEX announced the launch of the Robinhood ecosystem reward program, covering seven related concept tokens: WISHBONE, HOODRAT1, JUGGERNAUT, VEXAI, HOODON, INDEX, and PONS. Users can participate in sharing a total prize pool of $100,000 by trading any of the activity tokens. The event runs from July 15 at 17:00 to July 25 at 17:00 (UTC+8).

According to Jinshi reports, Federal Reserve's Williams expects overall inflation to drop to about 3.25% by the end of the year and continue moving towards the 2% target by 2027, with the expectation of reaching that target in 2028.

Uniswap initiated a governance proposal to extend the protocol fee collection and UNI burning mechanism to the Robinhood Chain, covering versions v2, v3, and v4.According to the proposal, the protocol fees generated on the Robinhood Chain will be sent to the TokenJar contract on that chain, and Searchers can redeem the fees by bridging UNI back to the Ethereum mainnet and sending it to the burn address.

Elon Musk stated that after completing the security vulnerability review, X will open source all code repositories without exception. In addition, X will invite third-party auditors to verify the actual operating system to confirm its consistency with the publicly available source code.

According to official news, Gate announced the launch of the interest-earning feature for stock and CFD account assets, allowing users to earn automatic returns on eligible idle USDT and USDx in their accounts while participating in stock trading, IPOs, and CFD trading. This feature uses a tiered interest mechanism, matching interest levels based on the USDT balance in the stock account and the USDx balance in the CFD account. A single account balance exceeding 1,000 USDT or USDx can participate in interest calculation, with a reference annualized return rate of up to 3.00%.

The BNB Foundation announced that the BNB Chain has completed the 36th quarterly BNB burn, which is also the third quarterly burn of 2026. A total of 1,615,827.795 BNB was burned this time, valued at approximately $932 million based on the price at the time of the burn. As of the time of this publication, the total remaining supply of BNB is 133.17 million.This burn was executed through the BNB automatic burn mechanism, which is independent of the Binance centralized exchange and will gradually reduce the total supply of BNB to 100 million.

Galaxy Digital's research director Alex Thorn stated that a large amount of long-dormant BTC will be reactivated and transferred on-chain during 2024 and 2025, with the scale only second to that of 2017.He pointed out that the current phase of "Great Distribution" brought about by the awakening of old BTC is basically coming to an end, and it is expected that the amount of BTC awakened in 2026 will be less than half of that in 2025.

Blockchain security agency PeckShield stated that the previously monitored fund movements of the LayerZero Executor wallet are not a security incident but rather part of normal operational adjustments. PeckShield confirmed that user funds are currently not at risk.

According to Coinglass data, if BTC falls below $61,379, the cumulative long liquidation intensity on mainstream CEX will reach $1.71 billion. Conversely, if BTC breaks above $67,811, the cumulative short liquidation intensity on mainstream CEX will reach $1.118 billion.