Today’s Headlines:
- U.S. Lawmakers Call for Investigation into Polymarket’s Misleading Advertising Practices
- SpaceX to Be Included in Nasdaq-100 Index on July 7
- OpenAI Releases Three GPT-5.6 Series Models; Sol, Terra, Luna Share Names with Crypto Projects
- Aave Pushes On-Chain Lending of Tokenized Stocks, Targeting the Trillion-Dollar Securities Lending Market
- SharpLink Gaming Purchases 10,000 ETH in Two Days, Total Unrealized Loss Exceeds $1.7 Billion
- Bitcoin Spot ETF Sees Net Outflow of $445 Million Yesterday, Marking Seven Consecutive Days of Net Outflows
Regulation & Macro
U.S. Lawmakers Call for Investigation into Polymarket’s Misleading Advertising Practices
U.S. Senators John Curtis and Adam Schiff have sent a letter to the CFTC requesting an investigation into prediction market platform Polymarket’s promotion of “fake bets” on social media, calling the allegations concerning and stating that a review is needed into whether it marketed non-existent or non-redeemable contracts through misleading advertising, as well as its compliance status.
SpaceX to Be Included in Nasdaq-100 Index on July 7
SpaceX will be included in the Nasdaq-100 Index on July 7, 2026.
Project Updates
Wallet Linked to Vitalik Transfers 7,000 ETH, Suspected of Being Deposited into a CEX Platform
A wallet “0xD04” linked to Vitalik transferred 7,000 ETH (approx. $11.06 million) to a new wallet after a one-year hiatus, suspected of being moved for deposit into a CEX platform, similar to a previous operation where 1,300 ETH was transferred and later deposited into the Paxo exchange. The wallet currently holds 20,001 ETH (approx. $31.6 million).
Bitwise Deposits 1.775 Million HYPE to Hyperliquid, Worth $114 Million, and Completes Staking
Bitwise deposited 1.775 million HYPE (worth $114 million) to Hyperliquid and completed staking eight hours ago.
OpenAI Releases Three GPT-5.6 Series Models; Sol, Terra, Luna Share Names with Crypto Projects
OpenAI has released the GPT-5.6 series models, comprising three variants: Sol (flagship), Terra (balanced), and Luna (fast and economical). A limited preview is currently open only to select partners, with a gradual expansion planned over the coming weeks. The three names, which overlap with the crypto projects Solana and Terra, have sparked heated discussion.
Zuckerberg Urges Meta Executives to Explore Cooperation with Polymarket and Kalshi
Meta CEO Zuckerberg has urged executives to explore potential cooperation with prediction market platforms Polymarket and Kalshi. Meta is developing an application called Arena that allows users to bet on events, but uses a points system rather than real money.
Perplexity Launches Price-Triggered Token Swap, Supporting Automatic Order Execution on Base Chain
Perplexity AI’s Perplexity Computer enables Base chain users to perform price-triggered token swaps. After presetting a target price, the system automatically monitors the market and prepares an on-chain transaction; once the threshold is reached, a swap transaction is generated for the user to sign and confirm. Users need to add the Base MCP connector and run the workflow.
Aave is expanding into on-chain lending of tokenized stocks through V4, targeting the global securities lending market worth approximately $4.6 trillion. Users can deposit tokenized stocks as collateral or lend them out, earning the full lending interest rate directly, with real-time transparent pricing, dynamic interest rate adjustments, and reduced intermediary rent-seeking.
Hyperliquid Frontend Dreamcash to Close CASH Market, Retain Non-Custodial Trading App
Tether-backed Hyperliquid mobile interface Dreamcash announced it will gradually close the HIP-3-based CASH perpetual contract market, citing the disadvantage of USDT markets caused by native USDC integration. All CASH markets will be settled on a schedule between June 30 and July 2, with positions automatically closed at the oracle price. The platform uses a non-custodial architecture; user balances will not be affected, and the team will focus on developing a mobile crypto trading app.
Cardano wallet service provider SecondFi has completed the final snapshot of affected user assets, with asset returns expected to begin in about two weeks — one week to finalize the technical solution and one week for testing and review. The platform will resume operations after passing a security audit.
Investment & Financing News
The business combination between Securitize and SPAC Cantor Equity Partners II is expected to raise about $400 million. After the merger, the company will be renamed Securitize Corp., and its common stock is scheduled to list on the NYSE under the ticker “SECZ” on July 2. Securitize claims to hold regulatory licenses for digital securities infrastructure in both the U.S. and Europe, and manages over $4 billion in on-chain real-world assets.
Framework Ventures Closes $400 Million Fourth Fund, Expands Investment Scope to AI and Robotics
Framework Ventures has closed its fourth fund with $400 million, with contributors including funds of funds, Ivy League endowments, and sovereign wealth funds. The fund will focus on frontier technology, spanning crypto, AI, robotics, and energy. Framework, known for early investments in Aave, Chainlink, and others, manages approximately $1.28 billion in assets and has already deployed roughly half of the new capital.
Opinion & Analysis
Coinbase CEO Brian Armstrong stated that by optimizing default settings, intelligent routing, and caching mechanisms, AI spending was cut by nearly half amid exponential growth in token usage. Measures include defaulting to cost-effective models, automatically routing based on tasks, improving cache hit rates, streamlining context, and increasing spending visibility.
CZ posted that the EU’s new regulations weaken users’ access to global liquidity, remarking that “liquidity is the best consumer protection,” and expressed hope for future policy changes.
On-chain detective ZachXBT stated that the stolen funds from Humanity Protocol and Kelp DAO were mixed, suggesting the attackers in the two incidents may overlap and ruling out the possibility of an inside job. In April 2026, approximately $292 million was stolen from the Kelp DAO bridge, and in June 2026, approximately $32 million was stolen from Humanity Protocol.
Key Data
On June 26, Bitcoin spot ETFs saw a total net outflow of $445 million, marking 7 consecutive days of net outflows. BlackRock’s ETF IBIT had a single-day net outflow of $445 million, with total historical net inflows of $60.766 billion. Bitcoin spot ETFs’ total net asset value stood at $72.818 billion, with a net asset ratio of 6.08%, and cumulative historical net inflows of $51.606 billion.
Whale Garrett Jin placed a ZEC short order worth $21.73 million at $418.9, of which $4.93 million has been filled and $16.8 million remains pending. Once fully filled, he will become Hyperliquid’s largest ZEC holder. In addition, his long position of 1,270 BTC is showing an unrealized loss of $20.15 million.
SharpLink Gaming buys 10,000 ETH in two days, total unrealized loss now exceeds $1.7 billion
SharpLink Gaming has bought a total of 10,000 ETH (worth $15.73 million) within two days. It currently holds 886,285 ETH (worth $1.4 billion), with an unrealized loss exceeding $1.7 billion. A new wallet “0x643” has also bought 9,050 ETH (worth $14.31 million) from FalconX.
Four early Ethereum addresses received 37,602 ETH eight years ago. Their unrealized profits once exceeded $150 million, but they never sold. Today, they dumped 33,623 ETH within 4 hours at an average price of about $1,560, accumulating a realized profit of roughly $27.4 million, far below the peak unrealized gains.
Wang Chun again withdraws 9,937 ETH and 147.5 WBTC from Binance
F2Pool co-founder Wang Chun withdrew 9,937 ETH (approx. $15.5 million) and 147.5 WBTC (approx. $8.7 million) from Binance over the past 6 hours and deposited them into the lending protocol Spark. Since BTC fell below $60,000 and ETH below $1,700, he has accumulated approximately 65,700 ETH and 966 WBTC, with an average entry price of $62,400 for BTC and $1,660 for ETH.
