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7/16
18:09
Nine U.S. House representatives have introduced a bill requiring online gambling and prediction markets to implement facial age verification
Svmuu News: U.S. Representative Josh Gottheimer and eight co-sponsors have introduced a bipartisan bill requiring online sports betting platforms and prediction markets to verify users’ ages before they log in, place bets, or make transactions. The bill, titled the Facial Recognition to Protect Children Act, applies to online gambling and prediction markets.
Gottheimer’s office stated that the relevant technology will read facial structures and patterns to estimate a user’s age and will not store identity or personal biometric information. The National Institute of Standards and Technology (NIST) classifies age estimation as facial analysis rather than identity recognition.
NIST previously evaluated six age estimation algorithms, which had an average error of 3.1 years when tested on the same database of visa photos; performance varied depending on factors such as image quality, age, gender, and region of birth. The full text and number of the bill have not yet been made public, and the enforcement agency, penalties, technical standards, and appeal mechanisms have not yet been specified.
18:04
Sui Launches Gas-Free Stablecoin Transfers
Svmuu News: Sui announced in a post on Platform X that gas-free stablecoin transfers are now live.
17:51
Federal Reserve's Schmid: Recent inflation data is encouraging, but it is still too early to draw conclusions
Svmuu News: Federal Reserve official Schmid stated that recent inflation data is encouraging, but it is still too early to draw conclusions. When formulating monetary policy, it is time to stop excluding food prices from core inflation measures. Inflationary shocks are not inherently temporary, and he does not agree that the Federal Reserve should ignore certain types of price increases.
16:19
Zano plans to transition to a pure PoS system via Zenith in 2027, with block times reduced to 15 seconds
Svmuu News: The privacy-focused blockchain Zano has announced that Zenith has entered the implementation phase, with plans to transition the network in 2027, subject to the results of testing, analysis, and review. Zano has not yet announced an activation date, and the proposed operational parameters still require validation at the network level.
Zenith will transition Zano from a hybrid PoW and PoS mechanism to a privacy-preserving pure PoS protocol, with the block time expected to decrease from approximately 1 minute to about 15 seconds, with the recommended number of confirmations dropping from 10 blocks to 4–6 blocks, resulting in a typical confirmation time of approximately 60–90 seconds.
Andrey Sabelnikov, co-founder and core developer of Zano, stated that Zenith is based on over 12 years of privacy research and aims to provide the network with the advantages of modern PoS while retaining the privacy protections that Zano users expect.
PoW miners currently receive approximately 720 newly issued ZANO tokens per day, equivalent to 21,600 per month and 262,800 per year. Once Zenith activates and concludes PoW mining, this portion of the issuance will be canceled; Zano has also launched the official Zano Forum for technical discussions and community support.
15:01
Project Eleven Launches "Bitcoin" Proof-of-Ownership Solution for Wallets Following Q-Day
Svmuu News: Security firm Project Eleven has launched a post-quantum proof technology designed to help users prove ownership of Bitcoin wallets once quantum computers are capable of deriving private keys and generating valid signatures.
Project Eleven CEO Alex Pruden stated that the technology utilizes the wallet’s key derivation path to allow users to prove their control without disclosing the parent key, thereby distinguishing legitimate owners from attackers.
The solution was developed in collaboration with Jim Posen, the primary maintainer of the open-source Binius zero-knowledge proof system, and is based on the “signature elevation” technique proposed by Alon Sattath and Robert Wyborski.
Project Eleven noted that the prototype has not yet been audited and requires blockchain protocol support before it can be deployed; it is primarily intended for users who may miss the opportunity to migrate to post-quantum addresses in the future.
14:52
BitPay Receives MiCA License as a Crypto Asset Service Provider in the Netherlands and Plans to Expand Stablecoin Payments
Svmuu News: Cryptocurrency payment company BitPay announced that it has received approval from the Netherlands Authority for the Financial Markets (AFM) to obtain a license as a crypto-asset service provider, allowing it to conduct business in EU member states in accordance with the regulatory framework for crypto-asset markets.
BitPay stated that this license will support the company’s expansion of services such as cryptocurrency payments and stablecoin payments in Europe. Under relevant requirements, all entities providing crypto-related services must be subject to regulation effective July 1.
Jonathan Arler, Head of Europe at BitPay, said that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a crypto-asset service provider license issued by Luxembourg’s financial regulator.
14:01
Crypto.com Receives $400 Million Investment from Citadel Securities, Valued at $20 Billion
Svmuu News: Crypto.com, a cryptocurrency trading platform, has secured a $400 million investment from Citadel Securities, valuing the company at $20 billion. This marks Crypto.com’s first round of institutional funding since its founding in 2016.
Crypto.com stated that it will use the funds to expand its business in tokenized securities, derivatives, and other asset classes.
13:38
ORANGE JUICE Raises $40 Million in Funding; Ricardo Salinas, Founder of Grupo Salinas, Serves as Cornerstone Investor
Svmuu News Bitcoin Fintech startup ORANGE JUICE announced on July 15, 2026, that it had completed a $40 million funding round, with Ricardo Salinas, founder and chairman of Grupo Salinas, serving as a cornerstone investor, and participation from Bitcoin investors including Jeff Booth and Lyn Alden.
ORANGE JUICE plans to acquire small businesses with annual cash flows ranging from $1 million to $10 million and will allocate a portion of its retained earnings toward new acquisitions and the purchase of Bitcoin. The company stated that it will rely less on debt and equity issuances, focusing primarily on growth driven by operating cash flow.
Ruben Zweiban will serve as operating partner in charge of day-to-day operations. He previously worked as an investment banker at BofA Securities, an equity research analyst at JPMorgan Asset Management, and as chief investment officer at a $1 billion private multi-family office. The company also plans to pursue a public listing in the future.
13:31
A Hyperliquid trader has accumulated $527,000 in profits and opened $9.31 million worth of BTC short positions.
Svmuu News: According to Onchain Lens, a Hyperliquid trader has accumulated $527,000 in profits, recently went all-in on short positions, opening 145 BTC short contracts worth $9.31 million and 15,000 HYPE short contracts worth $938,000.
13:31
PFXF, a fund managed by VanEck—which oversees $237 billion in assets—increased its holding of Strategy Stretch STRC to 2.42 million shares, valued at $209 million.
Svmuu News: BitcoinTreasuries.NET posted on X that VanEck’s Preferred Securities ex-Financials ETF (PFXF), which manages $237 billion in assets, has increased its holding of Strategy Stretch (STRC) to 2.42 million shares, valued at $209 million, representing over 8.75% of the ETF’s net assets. These holdings are classified as digital credit assets.
13:21
Fed's Logan: Interest Rates Should Be Raised to Combat Inflation
Svmuu News: Federal Reserve official Logan stated that the Fed should raise interest rates to combat high inflation. June inflation data showed that price increases were slowing, but not enough to convince her that inflation was back on track toward the Fed’s 2% target. Logan noted that the June CPI data suggest inflation may return to the target level, presenting a more optimistic outlook, but that this path remains fragile. She currently believes that a moderate increase in interest rates would help better balance the outlook and risks.
13:13
BlackRock $87.29 million worth of BTC and ETH was withdrawn from Coinbase Prime
Svmuu News BlackRock: 1,246 BTC, worth approximately $80.6 million, and 3,542 ETH, worth approximately $6.69 million, were withdrawn from Coinbase Prime.
12:57
Tether $131 million in USDT in wallets linked to the Central Bank of Iran has been frozen
Svmuu News: The U.S. Department of the Treasury has added four cryptocurrency wallets linked to the Central Bank of Iran to its sanctions list. As a result, Tether has frozen $131 million worth of USDT, bringing the total amount frozen to approximately $475 million.
12:54
The U.S. Crypto Market Structure Act Could Come Up for a Vote in the Senate as Early as Next Week; Ethics Provisions Still Need to Be Worked Out
Svmuu News: Summer Mersinger, CEO of the Blockchain Association and former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), stated that the main text of the Digital Asset Market Clarity (CLARITY) Act being advanced by Congress is nearly complete, with only a few details remaining to be addressed.
Mersinger noted that if lawmakers reach an agreement on the ethics provisions, the Senate could hold a vote as early as next week. She said that ethics issues are currently the main focus; the White House held a meeting with some Republican senators that day, and the outcome still requires Democratic acceptance or amendments before a consensus can be reached.
On Tuesday, three Senate Democrats stated they would not support the crypto market framework bill in the absence of clear ethics provisions, citing financial disclosure requirements and potential corruption risks related to digital assets under the “Donald Trump.” Republicans hold only a slim majority in the Senate, so the bill’s passage requires the support of several Democrats.
12:54
predict.fun Launches Maker Rebates for Up/Down Markets: Rebate Rates Are Higher Than Polymarket’s, and Rebates Are Credited in Real Time
Svmuu News: The prediction market platform predict.fun has announced that a Maker order rebate mechanism is now available for all Up/Down markets. Users who execute trades via limit orders will receive a 25% rebate on Maker fees.
Compared to Polymarket, predict.fun’s Maker rebate program offers two key advantages: a higher rebate rate and no need to wait for settlement—rebates are credited in real time upon execution.
For high-frequency traders, professional market makers, and users who regularly use limit orders, real-time rebates allow for faster capital release and reduce the ongoing erosion of trading profits by fees; the higher rebate rate also means that as trading frequency and volume increase, the actual cost savings will become more significant.
This mechanism currently covers all Up/Down markets on predict.fun. Users do not need to register or submit additional applications; once eligible limit orders are executed, rebates will be automatically credited to their accounts.
12:53
Base Fund Launches Developer Support Program, Betting on the Future of RWA, Stablecoins, AI Agents, and On-Chain Finance
Svmuu News: The Base Ecosystem Fund has released “Request for Builders: Funding the Future of Global Finance,” announcing that it will provide early-stage funding and ecosystem resources to startup teams committed to building the next generation of global financial infrastructure. Its goal is to build a secure, trustworthy global financial infrastructure that enables the financial system to operate 24/7 and supports large-scale transactions through deep liquidity. However, the value of the infrastructure ultimately depends on the applications built on top of it, so the fund seeks developers and entrepreneurs capable of creating real-world use cases.
The Base Ecosystem Fund will focus on supporting projects in the Pre-Seed and Seed stages, providing both capital investment and technical, ecosystem, and business support from the Base team. The key investment areas announced include:
1. Tokenization: Base is focusing on bringing real-world assets (RWAs) onto the blockchain, including income-generating assets, short-term working capital instruments, invoice financing, trade finance, revenue-sharing financing, as well as long-term assets such as REITs, copyright royalties, and private credit funds. The fund aims to support teams with expertise in asset issuance and management.
2. Stablecoins and Emerging Market Finance: Base is bullish on the application of stablecoins in cash-dominated markets, including bridging offline cash networks with stablecoin payment systems and driving the development of local-currency stablecoins to provide users with lower-cost payments, savings, and financial services.
3. On-chain Credit and Lending: The fund focuses on areas such as unsecured consumer credit and multi-party credit systems, aiming to leverage zkTLS, smart contracts, and stablecoin infrastructure to establish new models for credit assessment and loan distribution.
4. Prediction Markets: Base believes that conditional asset markets and vertical prediction markets still hold significant potential in areas such as politics, culture, insurance risk management, and clinical trials, enhancing the ability to uncover information about future events through market mechanisms.
5. Bringing Traditional Finance On-Chain: The fund focuses on institutional-grade financial infrastructure such as foreign exchange markets and on-chain bilateral agreements, aiming to reshape traditional financial markets using stablecoins, smart contracts, and on-chain settlement systems.
6. Commercial Applications of AI Agents: Base states that, with the rapid development of AI agent infrastructure, the next phase will shift the focus from “building agents” to enabling agents to actively participate in consumer transactions—including smart shopping, automated settlement, booking services, and commercial scenarios based on stablecoins and the x402 protocol.
In addition, Base is focusing on SKU tokenization, aiming to transform traditional Web2 product catalogs into on-chain composable assets, enabling AI Agents, wallets, and trading platforms to directly discover, trade, and purchase goods. The Base Ecosystem Fund noted that while the above directions represent current areas of focus, the most important signals still come from entrepreneurs’ own assessments of the future financial system. Teams that align with these directions or are exploring related fields are welcome to apply to join the Base ecosystem.
12:53
Base Ecosystem Fund Launches Developer Recruitment Program to Support the Development of Global On-Chain Financial Infrastructure
Svmuu News: The Base Ecosystem Fund has released “Request for Builders: Funding the Future of Global Finance,” announcing that it will provide early-stage funding and ecosystem resources to startup teams dedicated to developing the next generation of global financial infrastructure. The initiative aims to build a secure and trustworthy global financial infrastructure that enables the financial system to operate 24/7 and supports large-scale transactions through deep liquidity.
12:27
The Tradable initiative will bring up to $1 billion in private credit assets to Stellar
Svmuu News: The tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain to expand institutional access to tokenized RWA. The initiative is expected to offer $500 million in notional value assets at launch, with the amount increasing to $1 billion over time.
Tradable will use the Stellar network to support institutional functions such as compliance, investor onboarding, and asset lifecycle management; a specific launch date has not yet been disclosed. Tradable stated that it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions.
Denelle Dixon, CEO of the Stellar Development Foundation, said the agreement reflects growing institutional interest in using the Stellar network for tokenized RWAs. Stellar has recently maintained a strong focus on tokenized RWAs and has attracted institutional partners such as the Depository Trust & Clearing Corporation.
12:19
The head of DTCC Digital Assets says the company processes $40 trillion in settlements annually and is collaborating with Canton, Stellar, and others
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that Nadine Chakar, head of DTCC Digital Assets, said on the “Trillions” show that DTCC processes $400 trillion in settlements annually, and that no blockchain currently exists capable of handling that scale, so DTCC is collaborating with Canton, Stellar, and several other parties to advance tokenization projects on Wall Street.
12:17
Google Launch of Gemini Omni and Updates to Google Vids' Personal Digital Avatar Feature
Svmuu News: According to market reports, Google (GOOG.O) has launched Gemini Omni and updated the Google Vids personal digital avatar feature. Google Vids has rolled out Gemini Omni and the personal digital avatar feature, which are available to Google AI Pro and AI Ultra subscribers, as well as Workspace enterprise customers. (Jin Shi)
12:08
Intel Partnering with Google to Drive Enterprise AI Transformation
Svmuu News: According to market reports, Intel and Google are collaborating to drive Intel’s enterprise AI transformation. Intel will integrate advanced Gemini-powered generative AI for its global workforce and is currently exploring solutions based on the Google cloud to help teams streamline marketing and communication workflows. (Jin Shi)
12:03
Cumberland has obtained an MPI license from the Monetary Authority of Singapore (MAS), enabling it to provide DPT and cross-border remittance services
Svmuu News: Cumberland announced on Platform X that its Singapore subsidiary, Cumberland SG Pte. Ltd., has been granted an MPI license by the Monetary Authority of Singapore, authorizing it to provide digital payment token services and cross-border money transfer services.
12:01
Trasia Labs Completes $35 Million Seed Round Led by Multicoin Capital
Svmuu News: Trasia Labs announced the completion of a $35 million seed round led by Multicoin Capital. The project’s core business is the development of Trasia, an Asia-first, non-custodial trading platform built on Hyperliquid, which focuses on providing liquidity for Asian stock Perps. The funds will be used to launch web and mobile applications, drive user growth, and launch the first HIP-3 market focused on Asian securities.
12:01
Trasia, a liquidity provider specializing in Asian stock Perps, has raised $35 million and completed a $1.75 million seed round led by Multicoin Capital.
Svmuu News: Trasia announced that it has raised $35 million, including a $1.75 million seed round led by Multicoin Capital.
Trasia Labs is the development team behind Trasia, a non-custodial trading platform built on Hyperliquid. This funding will be used to drive the launch of its web and mobile applications, accelerate user growth, and launch the first HIP-3 markets focused on Asian securities assets.
Following this funding round, Trasia’s web-based trading interface has officially launched, initially supporting both Chinese and English. The platform is built on Hyperliquid.
Trasia’s mobile trading interface will offer a user experience comparable to that of leading Asian exchanges, making trading on global markets familiar and simple. Initially, the platform will offer Hyperliquid’s native HIP-3 markets, with plans to launch its own HIP-3 markets later this year.
11:58
The U.S. stock market's storage sector continued to decline, with SanDisk's losses widening to 10.07%
Svmuu News: According to data from MSX.COM, the U.S. stock market’s storage sector continued to decline, with SanDisk’s losses widening to 10.07% and its total market capitalization standing at $215.1 billion.Western Digital (WDC.O) fell nearly 9%, SK Hynix ADR (SKHY.O) dropped 8.6%, and Micron (MU.O) fell more than 5%.
11:53
Ethena has launched on the Monad blockchain; USDe and sUSDe are now available in the Monad ecosystem
Svmuu News: Ethena announced on X that it has officially launched on the Monad blockchain. USDe and sUSDe are now available across the entire Monad ecosystem, including integration with Monad’s Aave instance, allowing Ethena users to borrow stablecoin liquidity at scale. Additionally, the parallelized EVM version of USDe is now live.
11:50
Iran Reiterates That It Has No Hostile Relations with Its Gulf Neighbors
Svmuu News: The Iranian Foreign Ministry issued a statement calling on neighboring countries on the southern shore of the Persian Gulf to immediately take measures to prevent their land, waters, and airspace from being used for military operations against Iran, in order to avoid further escalation of regional conflict. The statement noted that Iran does not want the United States and Israel to use this situation to exacerbate tensions and mistrust among countries in the region. Furthermore, the Iranian side emphasized that there are no hostile relations between Iran and its neighboring countries. Iran has consistently maintained that the only path to achieving lasting regional security is for countries in the region to strengthen dialogue and cooperation and to jointly maintain regional stability without extraregional military presence or external interference. (CCTV News)
11:44
After 8.5 Years of Inactivity, a Bitcoin Whale Transfers 5,907.56 BTC, Worth Approximately $384 Million
Svmuu News: A Bitcoin wallet that had been inactive since late 2017 transferred 5,907.56 BTC—worth approximately $384 million—to a new address on Thursday.
According to Galaxy Research data, these BTC were originally received on December 14, 2017, and were transferred in block 958217 (Bitcoin) at approximately 00:15 UTC.The firm estimates that the position has appreciated by approximately $286 million from an average purchase price of about $17,000, representing a 291% gain.
The funds were transferred to a previously unidentified wallet rather than a known exchange deposit address, and on-chain data does not indicate that the holder has sold any Bitcoin. This transfer also moved the BTC from a traditional address beginning with “1” to the newer bc1q address format.
11:40
The U.S. CFTC is investigating staff members suspected of using inside information from a speech at Donald Trump to engage in trading based on predicted events
Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) is investigating a potential insider trading incident involving the prediction market platform Kalshi. An employee allegedly responsible for operating the teleprompter for Donald Trump is accused of placing bets on contracts related to the event in question.
According to reports, the employee may have used advance access to the content of Donald Trump’s public remarks to place bets on the Kalshi platform Donald Trump regarding whether specific statements would be made or included in the speech. The CFTC is currently investigating whether the transactions involved the use of non-public information and whether they violated prediction market trading rules.
This investigation has once again drawn market attention to the risks of insider trading in prediction markets. As trading volumes on platforms such as Kalshi and Polymarket grow rapidly, prediction contracts related to political, economic, and public events are increasingly coming under scrutiny by regulators. (CNBC)
11:30
X Governance Creator Revenue-Sharing Program: Nearly 4,000 Accounts Removed; Over $1 Million in Earnings to Be Returned to Original Creators
Svmuu News: Nikita Bier, Product Lead for the X platform, posted that the platform is upgrading the anti-cheating mechanisms for its Creator Revenue Share program, with a focus on cracking down on engagement manipulation and content plagiarism.
Bier noted that accounts that repeatedly post “engagement-inducing” content—such as phrases like “Reply to me and I’ll follow everyone”—to artificially boost engagement, and accumulate three or more such instances, will be removed from the Creator Revenue Share program and referred to the policy team for further action, including the risk of account suspension. Currently, X is using its Grok AI system to identify such behavior, and nearly 4,000 accounts have already been removed from the revenue program today.
Additionally, X’s updated content recognition model can detect duplicate content three times more efficiently than before. The platform stated that simply adding watermarks, intros, or making minor modifications will not generate revenue; related monetization earnings will be returned to the original content publisher. This mechanism also applies to the copying of viral text posts, such as highly shared content like “Twitter is the smoking area of the internet.”
According to Nikita Bier, X identified approximately 1.5 million instances of plagiarized content during this detection cycle. For accounts that repeatedly or intentionally evade detection, the platform will revoke their eligibility for creator revenue.
X stated that through these enforcement measures, it expects to redistribute more than $1 million in revenue to original content creators to improve the quality of the platform’s content ecosystem.

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