The early report CoinEx is a key hub for Iran ' s sanctions evasion, involving over $3.8 billion; Kalshi seeks a new round of financing, valued or raised to $40 billion
Photo by ChainCatcher
What's important about the past 24 hours
ChainCatcher, according to the Wall Street Journal, analysis of data from the block chain indicates that Iranian entities cumulatively completed transactions of over $3.84 billion through the encrypted currency exchange CoinEx to circumvent United States economic sanctions。
Investigators traced funds linked to two digital wallets controlled by the Central Bank of Iran, linked to $1.5 billion previously stolen by North Korean hackers from the Bybit Exchange. The funds flowed through complex, multilayered trading paths and eventually into CoinEx, making them one of the core channels through which Iran bypassed the sanctions regime using encrypted currency。
ChainCatcher reports that, according to official sources, Ripple and SBI Holdings announced that the RLUD stabilization currency had been officially online in Japan and approved by the Japan Financial Agency, and was open to institutions and retail users through the VCTRADE platform of the SBI VC Trade. RLUSD is classified as a new electronic payment tool under the Japan Payment Services Act, designed to meet the safety and regulatory standards of foreign issuing of stable currency. According to Jack McDonald, Senior Vice-President of Ripple Stabilisation Currency, this launch was an important step in expanding access to a regulated United States dollar stabilization currency for Japanese financial institutions and enterprises。
ChainCatcher, Abracadabra Finance, wrote that it was aware of the problem of the MM stabilization currency de-coupling and was taking urgent measures. As of that date, interest rates for all Cauldons (including abandoned markets) will be raised gradually to encourage debt repayment and reduce MIM liquidity supply. The current breakout provides a natural incentive for borrowers to repay their debts at discounts and helps accelerate supply contractions. Direct incentives and Curve bribery will be suspended until the MIM anchor is restored. The team indicated that additional recovery plans were being assessed and would be published in a timely manner。
ACCORDING TO THE DATA, MIM IS NOW REPORTED AT $0.5027 AND HAS DROPPED BY 36.65 PER CENT 24 HOURS
According to ChainCatcher, Luxembourg has officially become Coinbase's registered place (MiCA Home) within the framework of the European Union's Code of Regulating Encrypted Assets Markets (MiCA). In the future, Coinbase will serve as the European Union Operations Centre in Luxembourg, which will provide compliance and encryption assets to users in EU member States。
ChainCatcher, according to the British Financial Times, the forecast market platform Kalshi is negotiating a new round of financing with investors, with a target estimate of about $40 billion, to be completed at the earliest or by the third quarter of this year. Previously, Kalshi had just completed $1 billion in financing last month, valued at $22 billion, with investments from institutions such as Coatue, Sequoia Capital, Andressen Horowitz and Morgan Stanley。
According to the data, last month Kalshi's trades exceeded $17 billion, a significant increase from less than $5 billion a year ago, of which about 65 per cent came from sports-related forecast contracts。
ChainCatcher News, the United States House of Representatives Financial Services Commission held hearings on Wednesday to discuss the changing role of banks and financial technology companies, with one of the highlights being the Fed's consideration of the “Simplified Main Accounts” programme, which allows some encrypted banks and financial technology companies limited direct access to the Fed's payment system. The Fed's account allows financial institutions to have direct access to the Fed's payment network and the most direct access to the United States dollar monetary system. Agencies that do not have such accounts are usually dependent on cooperative banks with master accounts for their services。
The so-called “simplified account” is a limited version of functionality intended to provide limited access to new financial institutions. At the hearing, Republican Congressman Dan Müsser stated that access to the Fed payment system was not a minor matter and that the central issue was which agencies should be allowed direct access to these critical payment tracks. Traditional institutions, such as community banks, are concerned that encryption and financial technology companies are not equally closely regulated and that direct access may pose safety and health risks. The encryption industry, for its part, generally supported the proposal, arguing that direct access to the Federal Reserve payment system was long overdue, helping to reduce reliance on intermediary banks and promoting innovation。
In May this year, Trump also signed an executive decree requiring the Fed to assess the policy of opening up central bank payments to financial technology companies, including encryption companies. Previously, in March, the Kansas City Federal Reserve approved the acquisition of “limited-purpose accounts” for Kraken parent company Payward, triggering market discussions on the extent to which encryption and financial technology companies should have direct access to Fed services. At the hearing, the representative of Anchorage Digital stated that if the United States was to remain a global financial centre, innovative federal and state regulatory frameworks would be needed。
ChainCatcher reports that, according to Bits.media, the Russian Central Bank announced that it would provide economic incentives to use digital rubles to pay wages. As of 1 January 2027, commercial banks will receive 0.67 rubles, with a minimum of 10 rubles per directive list, for each enterprise that processes the salary or other labour contract payments made by a digital ruble to its employees. According to the Central Bank ' s design, if an enterprise pays a digital ruble salary to 10 employees, the Bank receives a 6.7 ruble bonus, which will be replenished by the Central Bank to a minimum of 10 rubles; if 20 people are involved, the bonus is 13.4 rubles。
At the same time, the Central Bank of the country has approved a fee for the services of the digital ruble platform, which, since the beginning of 2027, will cost 1 ruble per instruction transfer from an enterprise to an individual, with a minimum fee of 15 rubles per list of instructions. Previously, Central Bank Governor Nabiurina stated that the digital ruble was designed to achieve State control over the operation of funds such as government procurement contracts, while denying that the Government would monitor payments between individuals and pledging that the digital ruble would not be imposed。
ChainCatcher NewsAccording to reports from Wall StreetYoung Weida CEO Wong In-hoon announced at the annual shareholders' conference that the age of AI Agent would come. He redefined the new data centre as an “AI plant” dedicated to the production of Token and disclosed that the new Vera CPU and Vera Rubin platforms designed to meet the very low delayed needs of intelligent bodies were fully in production. Wong In-hoon emphasized that, as AI creates substantive economic values, the demand for power is accelerating expansion and its core software ecology, CUDA, is moving towards a toolbox exclusive to intelligence。
WITH REGARD TO MARKET ACCESS AND COMPLIANCE, HUANG IN-HOON REVEALED THAT THE UNITED STATES GOVERNMENT HAD NOW APPROVED THE EXPORT OF THE H200 CHIP TO CHINESE CLIENTS, BUT THAT THE OPERATION HAD SO FAR GENERATED NO REVENUE AND THAT THE ACTUAL IMPORT LANDING REMAINED UNCERTAIN. AT THE SAME TIME, HE RARELY MADE PUBLIC WARNINGS ABOUT THE RISK OF SMUGGLING CHIPS, MAKING IT CLEAR THAT YOUNG WIDA WOULD NOT PROVIDE ANY SOFT AND HARDWARE SUPPORT AND MAINTENANCE SERVICES FOR RESTRICTED SMUGGLED PRODUCTS, AND FRANKLY RELYING ON SMUGGLING TO COLLIDE WITH ADVANCED AI DATA CENTRES IS A DEAD END. IN ADDITION, AT THE MEETING, HE REAFFIRMED HIS LONG-TERM COMMITMENT TO CAPITAL RETURNS, WITH PLANS TO RETURN MORE THAN 50 PER CENT OF FREE CASH FLOWS TO SHAREHOLDERS。
ChainCatcher reports that U.S.S.G.U. has published the third quarter of fiscal year 2026. Driven by the strong demand for high-bandwidth memory (HBM) and advanced storage solutions in AI and the data centre market, US$ 41.46 billion was collected during the current season, a significant rise from $9.3 billion in the same period of the previous year, a record high. Of these, the DRAM business performance was impressive, accounting for approximately 77 per cent of the total, and became a core performance contribution block。
FINANCIAL DATA INDICATE THAT THE NET PROFIT OF GAAP IN THE THIRD QUARTER OF MISLIGHT WAS $28.24 BILLION (GAINS OF 24.67 PER SHARE AFTER DILUTION), WHILE THE NET PROFIT OF NON-GAAP WAS $28.86 BILLION (GAINS OF $25.11 PER SHARE AFTER DILUTION) AND THE OPERATING CASH FLOW FOR THE CURRENT PERIOD AMOUNTED TO $25.39 BILLION. IN ADDITION, IT HAS NOW SIGNED A NUMBER OF STRATEGIC CLIENT AGREEMENTS TO SUPPORT LONG-TERM GROWTH, AND ITS MARKET FOLLOW-UP WILL FOCUS ON ITS PROGRESS IN RESPONDING TO POTENTIAL SUPPLY CONSTRAINTS AND EXPANSION OF PRODUCTION CAPACITY, AND IT IS EXPECTED THAT ITS NEW CRYSTAL CIRCLE WILL PROVIDE SIGNIFICANT PERFORMANCE GAINS TO COMPANIES FROM THE 2028 FISCAL YEAR。
ChainCatcher NewsAccording to Delphi Digital, xStocks continues to grow in size, with the first AUM in the chain breaking $500 billion, with more than 177,000 independent holders. According to the data, users are still mainly heading towards “familyly known” headlines such as well-known large technology units, with the top 10 xstocks assets accounting for more than 80 per cent of the total。
ChainCatcher News, Ethlabs, a new research laboratory in the Taifung, was launched this week, co-financed by Joe Lubin, co-founder of the Etherfung, Bitmine Immersion Technologies, which holds about 5.7 million ETH, and Sharplink, which owns about 876,000 ETH, with an undisclosed scale of funding。
Sharplink CEO Joseph Chalom said that Ethlabs would complement the Etherwood Foundation, but acknowledged that they would “repeat in some ways” and that “most intensive talent” would be concentrated in Ethlabs. The laboratory focused on faster settlement, cross-chain interoperability and institutional and AI applications, which are highly aligned with the priorities of the Foundation following its reorganization this week。
This was defined by Vitalik Buterin as a transition to the Endowment Fund model at a time when the Taifeng Foundation had cut approximately 40 per cent of its 2026 budget and abolished 54 positions this week. Trent Van Epps, the former focal point for core development of the Foundation, warned last week that core development was facing a funding gap within three to nine months. The first practical test for Ethlabs will be the upgrading of Glamsterdam, and the road map for the two organizations will meet for the first time in a limited upgrading queue。
ChainCatcher, a Grayscale post published a chain-based application of the top 15 of the current protocol revenue ranking, with Hyperliquid (HYPE) ranking first at $871 million for a 12-month agreement, followed by Pump.fun (PUMP, $459 million) and PancakeSwap (CAKE, $322 million)。
The graph shows that some head applications already have real cash flows and lower operating costs, but the current valuation multiplier remains low. For example, the PUMP, CAKE, METEORA projects have only 1x, AERO 4x and LDO 3x。
Grayscale states that these have real revenues and are relatively rationally applied in the chain, or are attractive opportunities for configuration, against the background of the possibility that the CLARITY Bill will advance in the coming weeks。
ChainCatcher, according to The Kobeissi Letter, the United States-based spot of bitcoin ETF accumulated a net outflow of $6.4 billion over the past 30 days, the largest single-month outflow ever. Of that, $233 million net outflows last week。
The overall encrypted IMF recorded a net outflow of $116 million last week, which was the fifth consecutive week. This reduced the cumulative net inflows of encrypted funds over the past 12 months to $5 billion, the lowest level since August 2025, a significant decline from the $10 billion peak in October 2025。
IN TERMS OF THE SIZE OF ASSET MANAGEMENT, CUMULATIVE INFLOWS OVER THE PAST 12 MONTHS HAVE DECLINED TO ABOUT 7 PER CENT OF AUM, THE LOWEST SINCE JULY 2025, INDICATING THAT NEGATIVE SENTIMENTS IN THE MARKET CONTINUE TO DOMINATE THE FLOW OF FUNDS。
ChainCatcher News, Animoca Brands announced on platform X that the company had made strategic investments in a stable currency payment infrastructure provider, AllScale, at an undisclosed amount, indicating that, in addition to investments, both parties would explore opportunities for cooperation in their ecosystems to support global payment flows and emerging business practices。
ChainCatcher News, Hu Yun Institute released the Global unicorn 2026 today. Driven by the tide of AI, the total value of unicorns around the world rose by 43 per cent to $8 trillion. Of this total, AI accounted for 36 per cent of the total value, with Anthropic ($965 billion), OpenAI ($852 billion) and byte beat ($480 billion) covering the top three of the global list; and DeepSeek, a Chinese enterprise, valued at $50 billion and 15 before the drop, became the highest ranking new unicorn。
In the area of encryption and block chains, there are 67 unicorns in existence worldwide. Of this amount, the encryption trading platform currency (Binance) increased by $35 billion during the valuation year, with a total value of $70 billion, for the first time ranked among the top 10 (8th place). In addition, it was reported that encryption companies such as Circle, Bitgo, Gemini and HashKey had withdrawn from the Unicorn sequence over the past year through successful IPO。
ChainCatcher reports that, based on a study of 85.77 million active users in Polymarket, about 60 per cent of the users who were first betting during the World Cup never interacted with block chain protocols before。
According to Alvin Kan, Chief Operator of Bitget Wallet, predicting the market changes the logic of traditional encrypted users getting in the car — users no longer need to understand block chain technology first, but are directly involved because they have a perspective on real events. This makes the forecast market a new entry point for some users into the encryption field。
According to the data, Polymarket has traded over $3.1 billion in World Cup championship contracts, and Sport contracts have contributed more than $4.9 billion in the last 30 days, reaching $8.5 billion on Kalshi, the top trading category on both platforms。
ChainCatcher, during the New York Science Week in 2026, J.P. Morgan Payments, Chief Data and Analysis Officer, Zack Anderson, shared AI's latest applications and strategic perspectives in payment infrastructure at the workshop. He stated that the banking industry was becoming increasingly sophisticated in AI applications and that most AI intelligents were now operating in intangibles in backstage, significantly improving the efficiency and risk management capacity of the payment stream。
Anderson noted that with the spread of Agenic AI, the central challenge in the area of payments lies in the governance and auditability of “machine authorization” (particularly for high-value payments). He stressed that the use of AI to address complex cross-border payment compliance rules was an important opportunity in the near future, with the prospect of significantly reducing the rate of payment denials. In addition, although most of the current AI investments of enterprises are focused on the front-end, “Agentic Financial Management” It will be an important early opportunity for the future, and its large-scale application will still depend on further refinement of the underlying data and governance infrastructure。
ChainCatcher, according to Kim Xing reports, there was an 18 per cent increase in US-based shares, strong corporate performance and market expectations, and large banks raised their target prices。
ChainCatcher reports that, according to daily news reports, the SBI Group announced the purchase of Japan's encrypted currency exchange, Bitbank, for 46.7 billion yen ($289 million). As a result of this acquisition, the encrypted currency hosting balance of the SBI is expected to exceed 1 trillion yen (approximately $6.2 billion), making it the largest encryption operation in Japan. The SBI Holdings subsidiary will buy Bitbank shares in August from individual shareholders, including the founders, and then Bitbank will buy shares held by the existing shareholders Mixi and Céres by the end of October. Combined with the account data of the SBI VC Trade (as of April), the total number of consolidated accounts is approximately 2.92 million and the total number of custodial assets is about 1.1 trillion yen. In May, SBI Holdings disclosed that it was negotiating cooperation on capital operations in connection with the subsidiaryization of Bitbank。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNAs of June 26th, 0900
The top five of the 24h ETH popular tokens were: ETHLABS, AAIAI, AAIAI, AAVE, STARMIND
In the past 24h Solana top five hot coins were: KOG, AIAIAI, CATWIF, DUMPSTR, green
The top five of the 24h Base coins in the past were:SOSO, msUSD, ELSA, SYND, msETH
What are the good articles worth reading in the past 24 hours
WHY, OKX IS OPENING A NEW COMPANY WITH THE NEW HAVEN PARENT
OKXICE IS STILL DEPENDENT ON REGULATORY APPROVAL AND THE LANDING OF PRODUCTS. THE OFFICIAL PRESS RELEASE DID NOT DISCLOSE THE COMPLETE PRODUCT ROAD MAP, BUT REFERRED EXPLICITLY TO ICE FUTURES, NYSE MONETIZED STOCK MARKETS AND ADJACENT COMPLIANCE BLOCK MARKET OPPORTUNITIES. THE MARKET STILL NEEDS TO LOOK AT HOW JOINT VENTURE COMPANIES CAN REGISTER THEIR OPERATIONS WITH FCM WITH REGULATORY APPROVAL AND EFFECTIVELY CONNECT ICE FUTURES, NTC MONETIZED STOCK MARKETS WITH OKX GLOBAL USER PORTALS. THE OFFICIAL ROAD MAP FOR FULL PRODUCTS HAS NOT YET BEEN DISCLOSED, AND MORE ADJACENT COMPLIANCE BLOCK-CHAIN MARKET OPPORTUNITIES, IN ADDITION TO FUTURES AND FUTURES ASSOCIATED WITH MONETIZED STOCKS, ARE YET TO BE FOLLOWED UP。
In general, ICE and OKX set up OKXICE, which symbolizes the relationship between traditional finance and encrypted markets, is moving from “exploring cooperation” to “infrastructure-level integration”. This is not simply a chaining of stocks, or an additional number of futures sold by the encryption exchange, but a reorganization of the market entrance: Future users may be able to access NYU monetized shares, ICE futures and a wider range of digital finance products via mobile phones. As Cuomo put it, whether innovation and regulation can move forward together will determine the shape of the financial markets in the next phase. OKXICE was set up, the latest node of the experiment。
The Interim Executive Director of the Etherwood Foundation said: What is our mission
EF MAY BE APPROPRIATE TO FINANCE EXTERNAL WORK WHEN IT IS A CAPACITY SOLUTION FOR MANDATED WORK — WORK THAT EF SHOULD BE RESPONSIBLE FOR; WORK TO PROTECT CROPS; WORK TO ADVANCE AND EXPAND OWNERSHIP; IMPORTANT WORK THAT NO ACTOR CAN OR DOES NOT WISH TO DO RELIABLY WITHOUT EF FUNDS; AND WORK TO DEFINE SCOPE, REVIEW AND ACCOUNTABILITY WITHOUT CREATING PERMANENT DEPENDENCY。
Such funds would not be appropriate if they were intended to continue the project in an ostensible manner, to maintain friendship, to preserve reputation, to avoid difficult decisions, or to support work that was incompatible with the objectives of the project。
EF HAS LIMITED FUNDS, LEGITIMACY AND MISSION. WE WILL TAKE THOSE THREE SERIOUSLY AND ENSURE THAT THEY PLAY THEIR RIGHTFUL ROLE. WHEN WE SAY “EF IS ONE OF THE MANY NODES”, WE MEAN THAT WE ARE COMMITTED TO BECOMING ONE OF THE MANY NODES THAT TOGETHER PRESERVE AUTONOMY AND ITS EXPANSION AND WORK TO ENSURE THAT CROPS IS AN INDISPENSABLE PRIORITY IN THE NETWORK. THIS DOES NOT MEAN THAT WE WILL SUPPORT ORGANIZATIONS OR PROJECTS WITH DIFFERENT PRIORITIES. DIVERSITY THAT ENHANCES ECOSYSTEM RESILIENCE, RATIONALLY CONTROLS COORDINATION COSTS AND PROMOTES BETTER DECISION-MAKING IS GOOD, BUT IT DOES NOT LEAD TO MISSION DEVIATION FROM DIVERSITY。
WE ARE NOT NEUTRAL IN THE DIRECTION OF THE DEVELOPMENT OF THE TAICHA. THE CROP IS NOT JUST SOMETHING THAT WE “BELIEVE”, BUT IT IS ALSO SOMETHING THAT WE KNOW MUST BE CAREFULLY CONSIDERED AND PRIORITIZED AT EVERY SPLIT IN THE ETA, SO THAT IT CAN REACH ITS FULL POTENTIAL. WE ARE COMMITTED TO BUILDING AN EXCEPTIONALLY NEUTRAL SYSTEM THAT WILL FUNDAMENTALLY RESHAPE THE WORLD IN WHICH WE LIVE; WE WANT TO WORK WITH ALL THOSE WHO ARE COMMITTED TO THAT COMMON GOAL。
21shares Mid-Year Heavy Report: BTC Four-Year Cycle Unbreakable, Stabilizing Currency and Currency into New Engine of Growth
At the beginning of the year, we suggested that 2026 would be the year of the encryption industry moving from narrative to fundamental。
Specifically, we have identified four core drivers: structural capital flows to regulated exchange trading funds (ETFs) and exchange traded products (ETPs), firm-to-stable currency adoption, bulk commodity and pre-IPO monetization, and new examples of chains moving from concept to scale。
Half a year later, reality is more complex than we thought. Some judgements have come early: the forecast of the market’s annual trading volume is close to the year-round target, the integration of the Taifung expansion programme has taken place as we expected, the monetization of large commodities has gained new attention in the gold and energy sectors, owing to geo-silver demand, and the Pre-IPO market is moving towards the mainstream, and the pole line from SpaceX to Anthropic is forming。
The overall direction we outlined for 2026 is largely unchanged, but some projections run ahead and others lag behind. In this report, we take an objective look at each projection, showing where the market actually goes, not where we want it to go。
Dismantling the three deadly variables behind the American Historic Philosophy
First signal: 2027. degreesI don't know。
If management and the LTA can lock the order clearly into 2027 or even further, it means that the business has really changed from a " spot stand" to a "pack-a-year canteen" and the cycle has been re-established. The longer the visibility, the color of the paradigm. If visibility is still only one or two quarters, it's still the same old cycle of food watching。
Second signal: 80% of the Māori rateI don't know。
We're using the Māori rate as a litmus test of profitability. Note that the key is not how high a season can be, but when demand fluctuates. Hold it, it's a paradigm; it's a disturbance, it's a return light。
Third signal: Capital spending restraintI don't know。
This is the most anti-intuitive and the most important. If the triads collectively maintain the discipline of expansion — not making money without brain gain, but giving a regulated priority to service long-term — the oligarch's “conciliation” is still alive, and the profits are high. Once the first person who can't breathe, the Capex group races, the end of the round is written, just a matter of time。
TIDE INVESTMENT: AI, THE INDUSTRIAL CHAIN WE'RE STILL LOOKING AT, BUT THE REASON HAS CHANGED
And just these two days, SpaceX went back from a high point and even broke IPO's first day closing prices, and the market started to get nervous again. So many giants plunging to the market for money, it's easy for people to think that AI is going to see the top。
But we don't see it that way。
The giants now have to raise money because the play has to go down and the more they encounter later. Look at those five cloud manufacturers, the 2026 Capex guide, none of them went down, all up. Looking further forward, transformers wait four years for delivery and data centres have to wait several years to connect to the grid. I'm afraid these can't be easy to cross。
So a big wave of financing fell, and it looked scary, but it was only a mid-term break。
DON'T RUSH TO THE TOP, AI. IT'S NOT OVER. IT'S JUST A NEW SCRIPT。
SCRATCH BANK SINGS 50 TIMES THE CRAZIEST SONG FOR AAVE
AFTER UNI, STANDARD CHARTERED BANK REBUFFED THE ENCRYPTION INDUSTRY: AAVE IS EXPECTED TO RISE 50 TIMES TO US$ 3,500 BY 2030。
Read about:SCUM BANK OPENS 40 TIMES AS MUCH AS A "TASKET" AND SAYS "UNI" TO $100
THE RADICAL RHETORIC, EXAGGERATING MULTIPLES, AND FAMILIAR WITH THE STORY: AAVE PRICE BROKE $80 ALL THE WAY, WITH A 24-HOUR INCREASE OF ALMOST 20 PER CENT. THERE WAS A TUMULT IN THE CHAIN OF LENDING MARKETS, WHERE TRADITIONAL GIANTS WERE HAILED AS SINGING TOO MUCH AAVE, AND WHERE THE SLAG-PLAYING BANK WAS MOCKED AS ANOTHER SELLER。
Aave's next battle will ring in the intersection of imagination and reality。
