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US SEC establishes new Division of Financial Reporting and Accounting Enforcement to step up crackdown on financial fraud.

1 hours ago

The U.S. Securities and Exchange Commission (SEC) announced the establishment of a new Financial Reporting and Accounting Unit within its Enforcement Division, dedicated to investigating financial reporting fraud, accounting and auditing violations. David Woodcock, head of the SEC’s Enforcement Division, stated that the new unit will expand the SEC’s ability to combat misconduct in the accounting and auditing sectors, with a focus on financial fraud cases and related violations of securities laws. Composed of lawyers and accounting professionals, the unit will collaborate with other SEC divisions on investigations and enforcement actions. The SEC added that the unit will be led by Timothy Zimmerman, who joined the SEC in May 2026. Prior to joining, Zimmerman spent 12 years at an international law firm and most recently served as deputy general counsel at an international accounting and professional services firm.

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A whale sold UNI worth $3 million today.

According to monitoring by The Data Nerd, two wallets (likely belonging to the same entity) swapped 729,015 UNI, worth $3 million, for 1,578 ETH, also valued at $3 million, today.

6 minutes ago

KITE Foundation: Attack on KITE Token Detected, Neutralized With No Funds Lost

KITE Foundation, a payment infrastructure for the AI Agent economy, tweeted that it detected an attack targeting KITE tokens. The attack was immediately identified and contained, with no funds lost. The foundation stated that its security monitoring system flagged abnormal KITE token transfer activity on the Ethereum mainnet. The team promptly initiated an incident response and suspended all KITE token transfers on the Ethereum mainnet, including cross-chain functionality. Affected tokens have been frozen and will not enter the secondary market. The investigation remains ongoing.

6 minutes ago

Japanese yen stablecoin issuer JPYC has cumulatively completed approximately 6 billion yen in Series B extension financing.

,日本日元稳定币发行方 JPYC 宣布完成 B 轮扩展融资,本次累计新增募资约 60 亿日元。公司表示,资金将主要用于拓展 金融与 Web3 生态,加快日元稳定币「JPYC」的社会化应用落地。公告显示,物流企业 AZ-COM 丸和控股株式会社 参与本轮投资。JPYC 认为,稳定币与物流网络结合,有望推动「链上金融」在商业、物流与资金结算场景中的整合应用。当前,JPYC 已在 Avalanche、以太坊、Polygon 和 Kaia 四条区块链上发行。

6 minutes ago

SoftBank’s quarterly net profit decline was smaller than expected, with gains from its chip investments boosting its performance.

Japan's SoftBank Group has reported a smaller-than-expected decline in its quarterly net profit, driven mainly by gains in its chip-related investment portfolio, while the firm awaits further returns from its investment in OpenAI. The Tokyo-based technology investment company saw its first fiscal quarter net profit drop 18% to 347.3 billion yen (about $2.2 billion), as unrealized gains from its chipmaker investments offset the drag from falling startup valuations. By comparison, the market had forecast the company's net profit to be roughly 166 billion yen.

6 minutes ago

SoftBank's Vision Fund posted a 99% year-over-year plunge in first-quarter profit.

SoftBank's Vision Fund posted a first-quarter profit of 5.43 billion yen, plummeting 99% year-on-year.

6 minutes ago

Uniswap launches its own launchpad, Bancor teams up with SushiSwap to counter, and the battle for Robinhood’s on-chain platform enters a white-hot stage.

Last night, leading decentralized exchange (DEX) protocol Uniswap announced the official launch of its own launchpad pools.trade on the Robinhood Chain. According to Hayden Adams, the platform had already gained massive traction in the crypto community ahead of its official release, enabling token issuance and trading via on-chain contract interactions, with cumulative trading volume exceeding $150 million. Meanwhile, Uniswap’s move has impacted the interests of existing launchpad players. Multiple industry figures, including Bankr founder (@0xDeployer), have expressed dissatisfaction with what they term Uniswap’s "monopolistic" behavior. Additionally, pons, a previously viral token launch platform on Robinhood Chain, has seen its token market cap decline for multiple consecutive days following pools.trade’s launch, dropping from a peak of $67 million to below $20 million. Almost concurrent with pools.trade’s launch, Bankr’s founder and Sushi’s founder engaged in "close interactions", hinting at deep collaboration in the launchpad space to co-build pools.fun. Some analysts believe Bankr will migrate its existing Robinhood Chain launch process from Doppler/Uniswap v4 to Sushi’s launch framework, while retaining its distribution layer. BlockBeats notes that the current launchpad war on Robinhood Chain has entered a white-hot phase, but market consensus holds that the current environment lacks neither launch platforms nor liquidity; what is missing are narratives and innovations that can truly trigger user FOMO.

6 minutes ago