Lookonchain APP

App Store

Czech Republic adds Polymarket to its illegal gambling list, orders ISPs to block access within 15 days.

2 hours ago

The Czech Republic has become the latest European country to block Polymarket on grounds of "unlicensed gambling." On July 13, the Czech Ministry of Finance added the platform to its Unlicensed Online Games List, requiring local internet service providers to cut off access to it within 15 days. Jan Řehola, head of the Czech gambling regulator, stated that under legal gambling, the state knows who operates, who participates, and which bets are suspicious. While prediction markets take different forms, they essentially allow betting on almost any event—from weather and political decisions to security operations—yet lack corresponding regulation. Czech regulators noted that multiple EU countries have restricted or blocked the platform in recent months, with pressure intensifying this month: Italy has re-listed Polymarket on its blocklist, and the Netherlands has rejected the platform’s appeal. The European Securities and Markets Authority (ESMA) also warned this month that event contracts qualifying as financial instruments are already subject to existing binary options rules, which ban their sale to retail investors. Meanwhile, some jurisdictions are taking the opposite approach: Gibraltar this week launched the world’s first regulatory framework specifically for prediction markets, separating the sector from general gambling laws and allowing licensed operations. Malta has also indicated it is exploring a similar system.

Relevant content

A suspected Bitmine address received 6,000 ETH from FalconX.

According to monitoring by Onchain Lens, a suspected Bitmine address has just received another 6,000 ETH (valued at roughly $11.2 million) from FalconX. Just five days ago, the same wallet received 20,000 ETH from FalconX, then staked 19,032 ETH (worth approximately $33.2 million) to Ethereum’s Beacon Chain contract.

1 seconds ago

ZEC jumps 38% in the month, as Loracle notches another ten-million-level unrealized gain, with long positions posting a 530% return.

According to Hyperinsight monitoring, ZEC has been strengthening, rising around 11.1% in 24 hours on Hyperliquid, with a trading volume of approximately $169 million. Since its opening price of $401.42 at the start of the month, ZEC has gained about 37.8% so far this month, currently trading at $553.10. This rally has once again made trader Loracle (0x8de) the on-chain top winner. He currently holds a 10x full-position long on ZEC, totaling 49,563.75 coins, with a notional value of around $27.414 million, an average entry price of $362.28, unrealized profit of about $9.458 million, and a return of roughly 526.7%. His account balance has surged by $6.836 million just today. It is reported that this position was built gradually over more than a month and a half. Loracle re-established his ZEC long base position on May 30; during ZEC's sharp decline due to negative catalysts from June 5 to 6, he bought the dip against the trend, expanding his position to 37,661.1 coins. By June 26, his holdings had increased to 49,564 coins, forming the main position. Since then, this address has fully captured all the upward momentum since July. -HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

1 seconds ago

Speculative trends on Robinhood Chain have shifted: meme coins are ebbing, and utility tokens are gaining momentum.

According to GMGN market data, last night, meme coins on Robinhood Chain saw a broad sell-off correction led by leading token CASHCAT. As of press time, CASHCAT’s market cap has dropped to $138 million, with a 24-hour decline of 12%. Other major meme tokens HOODRAT and JUGGERNAUT both fell by over 25%. Meanwhile, some "utility tokens" rose against the trend during this adjustment. INDEX surged 160% last night after gaining attention from Robinhood team members, with its current market cap at $7.36 million. The project states it will use transaction fees to purchase on-chain stock tokens and distribute them to addresses holding INDEX. Additionally, ARROW, a native DeFi project on Robinhood Chain, rallied 47.56% in the past 24 hours, with its current market cap standing at $22.43 million. BlockBeats reminds users that related tokens are highly volatile, so investors should exercise caution.

1 seconds ago

SK Hynix ADR has seen smart money generate returns of up to 234% in its first two days of trading.

The address starting with 0xd1d (full address: 0xd1dd6d99c5fb5d31ff52eacce5046c7158859e85) positioned ahead of a key event for SK Hynix ADR. On Monday evening, the first day SKHY switched from its temporary ticker SKHYV to regular trading, this address began pre-emptive buying of SKHY on Hyperliquid with 10x leverage, completing its final position entry 4 minutes before the official US stock market open at a cost of $77,000. It opened a total of 310 long positions that night, with transaction prices ranging from $150.58 to $153.78, buying 5,000 units for around $764,000, at an average entry price of $152.9, taking all positions near the opening price. Subsequently, SKHY closed at $193.92 on Tuesday, up about 27.1% from its Monday opening price; SKHY is currently trading at $188.73 on Hyperliquid, up about 23.7% from Monday's opening price, with a 24-hour trading volume of around $403 million. The long position currently has a notional value of around $944,000, with an unrealized profit of about $179,000, a return of approximately 233.8% — the highest among large SKHY long positions on Hyperliquid — and is still being held.

1 seconds ago

South Korea will establish a strategic investment account to invest in strategic industries.

South Korea has shelved a plan to establish an independent sovereign wealth fund, which was originally modeled after Singapore’s Temasek Holdings and Australia’s Future Fund. Instead, the country will set up a strategic investment account within the Korea Investment Corporation (KIC). South Korea’s Ministry of Finance stated that the account will invest in domestic and overseas sectors critical to national competitiveness and economic security, with investment targets spanning strategic industries such as nuclear energy and aerospace, core areas including finance and infrastructure, as well as overseas supply chains.

1 seconds ago

Circle has again issued an additional 750 million USDC on Solana, bringing its total additional USDC issuance this year to over $69 billion.

According to monitoring by Onchain Lens, Circle has minted an additional 750 million USDC on the Solana network. Data shows that since 2026, Circle has cumulatively minted approximately 69.01 billion USDC on the Solana network.

1 seconds ago