application

Bitcoin News posted on platform X that the OCC stated that companies engaged in legally permitted activities such as digital assets and emerging technologies should have a pathway to apply to become a national bank. OCC Comptroller of the Currency Jonathan Gould stated that the regulatory agency had effectively hindered new bank applications for over a decade, but that period has now ended.The OCC has received 40 new bank applications in the past 18 months and stated that many complete applications have decisions made within 120 days.

According to Bloomberg, Singapore data center operator DayOne has secretly submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC), planning to go public in the U.S. as early as next quarter.The company aims to raise approximately $5 billion, with a listing valuation of about $20 billion; however, relevant details are still under discussion, and the scale and timing of the offering may change.

Solana ecosystem social application Memebook has completed a $1 million seed round financing, with investors TOF and Ventures.According to reports, Memebook is a social application similar to Instagram built on Solana, where users can register using a Solana wallet and share photos, videos, and text posts. It includes a wallet-based authentication system, as well as a verification system for Solana Mobile users and other Solana wallets.

According to the SEC page, Grayscale has submitted 3 Form RWs, withdrawing the S-1 registration statements for Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF.

Yushu Technology will launch its new stock subscription on Monday. According to public information, its issue price is 150.8 yuan, corresponding to an issue market value of approximately 61 billion yuan.According to on-chain analyst Yu Jin (@EmberCN), currently, the pre-market contract price on the Hyperliquid platform is about 88 USD (approximately 587 yuan), corresponding to a market value of about 237.4 billion yuan, which is about 3.9 times higher than the valuation corresponding to the issue price. Based on the pre-market price calculation, if one wins a subscription for 500 shares, the potential profit is about 220,000 yuan. In addition, based on the maximum subscription of 12 lots, the probability of winning one lot is about 0.3%.

According to Jinshi reports, Guangdong Province is publicly soliciting opinions on the "14th Five-Year Plan for the Development of the China (Guangdong) Pilot Free Trade Zone (Draft for Comments)," which aims to orderly expand financial openness and promote the expansion of pilot projects for cross-border payments using digital RMB.The plan mentions supporting the establishment of headquarters for international financial institutions, promoting innovative businesses such as cross-border finance and green finance, and deepening pilot projects for the transfer of cross-border credit assets.

Founder of 1confirmation, Nick Tomaino, disclosed data indicating that in the past month, the Polymarket website received 43.1 million visits (according to Similarweb data), surpassing the combined total of FanDuel, DraftKings, and Kalshi, and has become one of the most visited fintech applications globally.Nick Tomaino believes that the core reason for Polymarket's growth is not marketing investment, but rather its value as a "source of information," as users seek to better understand the real world through prediction markets.Polymarket currently dominates the on-chain prediction market space, with the transparency and global accessibility provided by its on-chain architecture being key to achieving the long-term goal of "better information and more truth." However, the Polymarket application in the U.S. is still in its early stages, but the product and business model are gradually maturing and beginning to enter an accelerated execution phase.

According to Bloomberg, digital asset broker FalconX has cut 10% of its global workforce to cope with a prolonged downturn in the crypto market. Sources say that about half of the employees in its Singapore office were laid off, including senior management as well as staff in sales and accounting positions.FalconX is adjusting its business strategy in Singapore, focusing on crypto derivatives trading that does not require relevant licenses, and plans to withdraw its license application submitted to the Monetary Authority of Singapore. The company stated that it will concentrate resources on priority businesses while continuing to maintain its operations in the Asia-Pacific region and expand its regulated business in Europe.FalconX currently has about 350 employees worldwide and has seven offices in locations such as Silicon Valley, New York, London, Singapore, and Hong Kong. Over the past 18 months, the company has acquired derivatives startup Arbelos Markets, crypto exchange-traded product issuer 21Shares, and blockchain trading and network technology company bloXroute.FalconX is the latest crypto company to lay off employees, following Crypto.com, Coinbase, and Gemini. Reports indicate that the industry is facing a prolonged bear market, cost pressures, and the impact of advancements in AI technology. Since its establishment in 2018, FalconX has facilitated approximately $2.5 trillion in trading volume and completed a $150 million Series D funding round in 2022 at a valuation of $8 billion.

According to market news, Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, aiming to raise approximately $3 billion. As of the time of publication, Dark Side of the Moon has not publicly responded to or confirmed this matter.

According to The Block, the Hong Kong police stated that a local insurance practitioner fell victim to a fraudulent cryptocurrency investment romance scam, with total losses exceeding 26 million Hong Kong dollars, approximately 3.3 million US dollars.

According to Jinshi reports, the head of application research at OpenAI stated that GPT-5.6 Luna should have more applications, considering the rapid progress of the model, its cost is ridiculously low, and its speed is also very fast.

The U.S. District Court for the Eastern District of Wisconsin dismissed the CFTC's request for a preliminary injunction to prohibit Wisconsin from enforcing sports-related event contracts on platforms such as Kalshi, Coinbase, Robinhood, Polymarket, and Crypto.com. The court found that the CFTC failed to demonstrate a likelihood of success on its claim—that the Commodity Exchange Act (CEA) defines "swaps" to include sports event contracts—and that gambling regulation falls within the traditional police powers of the states, with federal law not clearly indicating an intent to preempt state law.Additionally, the court also denied the intervention requests from Kalshi, Crypto.com Derivatives North America (CDNA), and the American Gaming Association (AGA). The substantive litigation between the CFTC and the state of Wisconsin will continue to proceed.

According to Cointelegraph citing data from Token Terminal, the application deposits on Robinhood Chain have surpassed $600 million, growing by approximately 50% in the past week.

World announced that the project has entered the Phase 3 stage of its third year, focusing on advancing "proof of human" with World ID in more scenarios, including real-name participation in Zoom meetings, preventing bots in Tinder matches, and combating scalpers for concert tickets. Currently, the World ID network covers over 390 million users globally.World stated that the next phase will further expand proof of human to consumer platforms, enterprise client identity verification, and human identities linked to AI agents, with plans to launch a new version of the World ID app and introduce new developments this fall.

Zilliqa stated that there is a serious random number generation vulnerability in the Zilliqa Ledger application, affecting the Schnorr signatures of native non-EVM Zilliqa transactions. Attackers can recover the signer's private key from the biased temporary random numbers using only publicly available on-chain data.Any account that has signed and broadcasted about 5 or more native transactions through the Zilliqa Ledger application should be considered compromised. Since the related signatures are permanently recorded on the chain, subsequent updates to the application cannot eliminate the risk, and the affected private keys must be deactivated. EVM transactions and development tools such as zilliqa-js, gozilliqa-sdk, and pyzil are not affected.The vulnerability arises from the application selecting the wrong 32 bytes when copying the random number, retaining 8 bytes of zero padding and losing 8 bytes of entropy, resulting in each random number having a maximum of 64 bits fixed to zero. Attackers can use 5 or more affected signatures to recover the private key within seconds using ordinary hardware. Zilliqa observed suspected active exploitation on July 19 and confirmed the root cause on July 21.Zilliqa has suspended native transactions to prevent further loss of funds and is preparing a revised application with Ledger. However, the revised version cannot protect the exposed keys, and affected users should not transfer assets on their own but wait for the official announcement of a coordinated disposal plan.

Gate gStocks' tokenized securities service has undergone a comprehensive upgrade, officially launching five major financial functions: collateralized borrowing, idle asset management, unified accounts, leveraged trading, and stock dividends, further expanding the integrated application scenarios of stock assets from trading, yield management to liquidity management.Currently, gStocks supports over 58 global tokenized securities, covering various assets such as U.S. stocks, Korean stocks, unlisted equity, and ETFs, and employs a 1:1 native stock reserve mechanism to provide users with a transparent and trustworthy asset holding experience. At the same time, gStocks supports 24/7 trading with a minimum investment of 1 USDT, lowering the participation threshold. After this functional upgrade, users can release liquidity through collateralized borrowing without having to sell their held gStocks assets; idle stock assets can also participate in yield management through idle asset management. In addition, gStocks has deeply integrated into the Gate unified account system, supporting tokenized stock assets as trading collateral and providing features such as leveraged trading, long and short strategies, and stock dividends, further enhancing asset utilization efficiency.

According to Bitcoin Magazine, Jack Dorsey, the founder of Block (formerly Square), announced the launch of the open-source decentralized group chat application Buzz, aimed at challenging team collaboration platforms like Slack. Buzz is built on the decentralized social protocol Nostr and is designed for teams composed of humans and AI agents, supporting chat, project management, coding, and PR collaboration.Block stated that the application is decentralized and open-source, allowing users to have full control over their data, and teams can collaborate with members and dedicated agents in a shared space.

According to Cointelegraph, Japanese logistics company AZ-COM Maruwa Holdings plans to use the JPYC stablecoin to make payments to approximately 2,300 business partners, potentially becoming the first large-scale enterprise in Japan to use the yen stablecoin JPYC. This stablecoin will be used to pay transportation contractors (including truck drivers) fees and compensation.Since JPYC does not charge transfer fees, using the stablecoin allows for faster and more frequent payments. AZ-COM Maruwa is also considering establishing a partnership with JPYC and plans to invest over 1 billion yen (approximately 6.2 million USD). AZ-COM Maruwa is a medium-sized Japanese logistics company, with major clients including Amazon Japan.