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Wu learned that, according to an official announcement from Gemini, Gemini (NASDAQ: GEMI) has launched a zero-commission stock trading service in certain parts of the United States. Users can trade thousands of U.S.-listed securities through the Gemini App. Nasdaq will provide real-time market data, and Apex Clearing will serve as the custodian and clearing broker. This service is currently not available in Alabama, Arkansas, Illinois, Massachusetts, Texas, and certain other regions.

Wu reported that the Governor and Executive Council of New Hampshire will hold a public hearing on July 8 regarding a bitcoin-backed municipal revenue bond of up to $100 million.
The project is being advanced by the New Hampshire Business Finance Authority (BFA), with BitGo serving as the custodian of the bitcoin collateral.
The BFA previously stated that the transaction does not involve taxpayer funds or state government guarantees, and the final issuance still requires approval from the Governor and Executive Council.

Wu said it was informed that, according to Lookonchain monitoring data, a wallet suspected to be related to CoinShares has just deposited 63k ETH into Coinbase, with a total value of approximately $111.56 million.

Wu Says learned that EMURGO, a development agency in the Cardano ecosystem, released an update on the SecondFi security incident, stating that the team has commissioned multiple independent agencies to review the incident and the underlying code. The investigation is still ongoing, and a patch to close the identified vulnerabilities has been submitted. SecondFi stated that even after the audit is completed, normal operations will not resume, and all users should migrate out of SecondFi using the official method. The team's current priorities include establishing a mechanism for recovering affe

Wu Says has learned that, according to CryptoRank monitoring, in the second quarter of 2026, the total DEX fee revenue across all networks has dropped to $413 million, marking the lowest single-quarter level since 2023. This figure has fallen sharply by 83% from the peak of $2.41 billion in the first quarter of 2025, reflecting a continued slowdown in on-chain transaction monetization.

Wu reported that Li Bojie, a former "genius youth" at Huawei and chief scientist at Pine AI, and Du Jun, co-founder of crypto venture capital firm ABCDE Capital, have publicly disputed over investment compliance issues related to the AI Agent project Metagent. Du Jun claimed that after receiving investment from ABCDE Capital, Li Bojie failed to fulfill post-investment obligations such as updating business progress and financials, and was even unreachable for a period. Li Bojie responded that the investment agreement stipulated an investment of $1.5 million, but only $500k was actually received

Wu learned that Tether officially announced it will invest $20 million in the strategic growth funding round of Brazilian on-chain financial services platform Mercado Bitcoin. Founded in 2013, Mercado Bitcoin initially operated as a digital asset trading platform and has since expanded its business to areas such as tokenized investment products, credit, stablecoin payments, banking infrastructure, and cross-border financial services. Tether stated that Mercado Bitcoin currently serves 4.5 million users, has issued over 2 billion Brazilian reais (approximately $370 million) in tokenized assets,

Wu learned that US institutional crypto trading platform EDX Markets announced the completion of a $76 million Series C funding round, led by Japanese financial group SBI Holdings. The funds will be used to expand trading, clearing, and settlement capabilities, accelerate product development, and expand global business reach. EDX stated that as institutional participation in the digital asset market continues to grow, the company will further enhance its institutional-grade digital asset infrastructure. Earlier this year, EDX launched its Crypto-as-a-Service product, EDX FlowConnect, and has a

Wu reported that CleanSpark, a Nasdaq-listed Bitcoin mining company and data center developer, released its June 2026 operational update. In June, CleanSpark produced 614 BTC, with a peak daily production of 22.57 BTC and an average daily production of 20.46 BTC, bringing year-to-date cumulative production in 2026 to 3,724 BTC. As of June 30, CleanSpark's total holdings increased to 13,924 BTC. The company sold 179 BTC through spot sales in June, sold 250 BTC due to call option exercises, and acquired 25 BTC and 244 BTC through put option exercises and Delta-neutral basis trading, respectively

Wu says it has learned that on-chain analyst Specter posted that, after conducting a preliminary investigation into the malicious governance proposal attack on BonkDAO (about 20 million USD worth of BONK was stolen), the attacker was allegedly found to have created the malicious proposal on June 30 and, between July 4 and July 5, obtained about 4 million USD in voting power through an exchange and Marginfi lending, in order to meet the 1% voting threshold of the circulating BONK supply. Specter said that on July 6, the attacker used two wallets to cast “yes” votes, with the main address holdin

Wu Shuo reported that Vanguard, a U.S. asset management giant, is hiring a Head of Digital Assets for its Personal Wealth division. This role will be responsible for formulating the company's digital asset strategy and multi-year roadmap, driving the implementation of digital asset products, and covering areas such as tokenization, stablecoins, wallets and custody, and blockchain infrastructure. The position will also represent Vanguard in communications with regulators, industry participants, and clients to advance the development of its digital asset business.

Wu learned that the Zcash development team stated that it plans to introduce Formal Verification through the upcoming new privacy pool Ironwood, using mathematical proofs to eliminate the risk of "Undetectable Counterfeiting." The team noted that although the vulnerability in the previous Orchard shielded pool has been fixed and there is no evidence of exploitation, since it is theoretically impossible to confirm through on-chain history whether covert inflation has occurred, the community has decided to launch a brand new Ironwood shielded pool and conduct a comprehensive formal verification

Wu learned that Peter Schiff criticized the Trump family for making billions of dollars by selling overvalued cryptocurrencies and related stocks. He pointed out that these gains did not create actual value but were built on the investment losses of mostly inexperienced loyal supporters.
Peter Schiff predicted that the Trump Group will face a large number of lawsuits in the future as victims seek to recover their losses, and these incidents can easily be turned into lethal political advertising material by the Democratic Party.

Wu learned that SBI VC Trade, a Japanese crypto trading platform, announced that as of July 6, 2026, the total number of registered accounts between it and BITPOINT has exceeded 2 million. SBI stated that since surpassing 1 million accounts in 2025, the company has been continuously expanding its stablecoin, staking, lending, and institutional services, and completed the merger with BITPOINT in April this year. The announcement said that the company plans to complete the brand integration of the two platforms by the end of this year, and continue to promote the development of stablecoins such

Wu says, according to Onchain Lens monitoring, asset management firm Bitwise purchased 33.6k HYPE from market maker Wintermute, worth approximately $2.4 million.

Wu learned that Coinbase Markets stated that Coinbase, through Coinbase Bermuda Ltd, which holds a license from the Bermuda Monetary Authority (BMA), has launched pre-IPO perpetual contracts (pre-IPO perps) for OpenAI and Anthropic, available to eligible users in certain markets outside the United States. Coinbase noted that this product allows traders to gain exposure to a company before its public listing, but unlike standard perpetual contracts, it carries additional risks such as valuation-based index pricing, IPO conversion risk, lower liquidity, and higher volatility.

Wu Says learned that Swiss crypto financial services institution Bitcoin Suisse announced that its subsidiary BTCS (Middle East) Ltd. has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing it to provide regulated digital asset financial services to eligible institutional and professional investors, including custody, spot trading, and derivatives execution and hedging services. Bitcoin Suisse stated that following Switzerland, Bermuda, and the European Economic Area (MiCA), Abu Dhabi has become its

Wusay reports that, according to Whale Alert monitoring data, at 17:20 on July 7, 2026, Tether Treasury burned 2,500,000,000 USDT on the Ethereum network, worth approximately $2.5B.

Wu learned that SlowMist released the "2026 Mid-Year Blockchain Security and Anti-Money Laundering (AML) Report". The report shows that in the first half of 2026, there were 182 blockchain security incidents, with losses of approximately $956 million; in the same period of 2025, there were 121 incidents with losses of approximately $2.37B. By ecosystem, Ethereum suffered losses of about $134 million, BSC about $36.35 million, and Arbitrum about $4.93 million. By project type, there were 116 DeFi incidents with losses of about $490 million; 20 cross-chain bridge incidents with losses of about $

Wu learned that crypto market maker Wintermute stated in its latest weekly market report that the recent crypto market rally appears more like a "relief rally," driven mainly by weaker U.S. employment data, a dovish shift in Federal Reserve policy expectations, easing tensions in the Middle East, and progress in Ethereum institutionalization, rather than structural improvements in the market. Wintermute pointed out that although Bitcoin spot ETFs have ended a streak of 10 consecutive trading days of net outflows, recording approximately $222 million in net inflows on July 2, the cumulative cap