Director-General of Invest Hong Kong: Currently, there are discussions with a prospective stablecoin operator to establish a presence in Hong Kong

On July 7th, the TON Foundation declared in a posting that the UAE Golden Visa program emerged from independent cooperation between TON and a licensed partner specializing in blockchain infrastructure and tokenized assets. This preliminary work has not yet led to any formal agreement with any UAE government entity.

On July 7th, as per sources with knowledge of the matter, although the original deadline for the approval of the Spot Solana Exchange-Traded Fund (ETF) is October 10th, the U.S. Securities and Exchange Commission (SEC) is facing pressure to ensure a smooth approval process. The SEC has asked the issuer to amend and resubmit the Spot Solana ETF application by the end of July, indicating that the approval speed may be quicker than anticipated. This action comes after the automatic approval of the REX-Osprey SOL and Staking ETF, which started trading last week and received automatic approval under the 1940 Investment Company Act, which the SEC was unable to halt. A source with insider knowledge stated: "The SEC is under pressure to accelerate the approval process rather than waiting until the October deadline, especially considering the approval of REX Shares products last week." This reflects that the SEC may be adjusting its strategy to prevent any single product from gaining an undue

On July 7th, Nansen disclosed the latest Pendle project report on social media, indicating that Pendle has quietly emerged as the interest rate infrastructure in the DeFi field, with a total value locked (TVL) exceeding $4.8 billion and providing real yields. The recent upgrade, "Boros," has opened the gateway to a vast derivatives market. The Boros upgrade has enabled margin yield trading and funding rate market functionality. Pendle is no longer merely a yield-splitting protocol; it is constructing a complete on-chain yield curve. This is equivalent to creating an interest rate market for tokens, and its importance is self-evident. Nansen cited data stating that in May alone, Pendle paid out $3.86 million in fees to vePENDLE stakers, with an annualized rate reaching $23.65 million at the current rate. This is not just a project hyping a token; it is a DeFi business with real profit potential. Arca recently increased its PENDLE holdings by $7.67 million, and Binance Labs, Spartan, an

On July 7th, based on HTX market data, Bitcoin has fallen below $108,000 and is currently trading at $107,988.

On July 7th, the Taohuajiang County Public Security Bureau issued a statement. It was indicated that during their routine work recently, the Taohuajiang County Public Security Bureau found that some people, recommended by others, were investing through the "DGCX Xinkangjia" platform. This platform used the name of the Dubai Gold and Commodities Exchange (DGCX) without authorization and relevant qualifications to attract funds. It falsely claimed to be the Chinese branch of the DGCX trading platform and promised high returns. The platform determined levels and profit-sharing ratios based on the number of new members brought in. Starting from June 25, 2025, the principal on the "DGCX Xinkangjia" platform could no longer be withdrawn normally. In addition, profits were restricted by imposing high "fees" and other conditions, raising suspicion of illegal fundraising and fraud. Such business operations pose significant risks. Once the fund chain collapses, investors will suffer significant

On July 7th, FTX's major creditor Will (@zhetengji) stated in an interview with BlockBeats: "If a third-party institution acquires your debt, when determining eligibility for compensation, the original country of ownership will no longer be taken into account. Some creditors propose selling their debt to addresses with regulatory compliance qualifications. Certain so-called 'debt agents' or intermediaries, particularly a significant number of them being Chinese, continuously spread anxiety to the community during this process. They create panic through various means, thereby depressing the debt price. In such an environment, many originally very anxious friends are compelled to choose to sell their debt at a low price." "The conservative estimation of the arbitrage space might be between 20% and 30%. In FTX's bankruptcy settlement, the debt is calculated based on an annual accumulation of 9% interest. Therefore, the final amount to be recovered depends on the time dimension and the sc