Odaily Planet Daily News U.S. Representative Josh Gottheimer, along with eight co-sponsors, has introduced a bipartisan bill requiring online sports betting platforms and prediction markets to verify users' age before login, wagering, or trading. The bill, named the Facial Recognition to Protect Children Act, applies to online gambling and prediction markets. Gottheimer's office stated that the relevant technology would read facial structure and patterns to estimate a user's age, without storing any personally identifiable or biometric information. The National Institute of Standards and Technology (NIST) classifies age estimation as facial analysis, not identification. NIST previously evaluated six age estimation algorithms, finding an average error of 3.1 years on the same visa photo database, with performance varying based on factors such as image quality, age, gender, and region of birth. The full text and bill number have not yet been made public, and details regarding enforcement agencies, penalties, technical standards, and appeal mechanisms remain unclear.

Odaily reported that Sui announced on X platform that gas-free stablecoin transfers are now live.

Odaily reported that Federal Reserve's Schmid said recent inflation data is encouraging, but it's too early to draw conclusions. When setting monetary policy, focus on inflation, and it's time to stop excluding food prices from core inflation measures. Inflation shocks are not inherently temporary, and he disagrees that the Fed should ignore certain types of price increases.

Odaily reported that Galaxy's Head of Research posted on X, stating that the court has scheduled a hearing for September 8 at 14:30 to consider requests by Bitcoin Policy to intervene as a defendant and Digital Chamber to join the Noah Doe case as amicus curiae. The case involves Noah Doe's attempt to claim legal ownership of dormant coins, including those held by Satoshi Nakamoto.

Odaily Odaily Planet Daily News: Privacy blockchain Zano has announced that Zenith has entered the implementation phase, with a network transition planned for 2027, subject to testing, analysis, and review results. Zano has not yet announced an activation date, and the proposed operational parameters still require verification at the network level. Zenith will transition Zano from a hybrid PoW and PoS mechanism to a privacy-preserving pure PoS protocol. The proposed block time will be reduced from approximately 1 minute to about 15 seconds, the recommended number of confirmations will be lowered from 10 blocks to 4 to 6 blocks, and the typical confirmation time will be around 60 to 90 seconds. Andrey Sabelnikov, co-founder and core developer of Zano, stated that Zenith is based on over 12 years of privacy research, aiming to provide the network with the advantages of modern PoS while retaining the privacy protections that Zano users expect. PoW miners currently receive approximately 720 newly issued ZANO per day, equivalent to around 21,600 per month and 262,800 per year. After Zenith is activated and PoW mining ends, this issuance will be discontinued. Zano has also launched the official Zano Forum for technical discussions and community support.

Odaily reports that security firm Project Eleven has introduced a post-quantum proof technology designed to help users prove ownership of their Bitcoin wallets after quantum computers become capable of deriving private keys and generating valid signatures. Project Eleven CEO Alex Pruden stated that the technology utilizes the wallet's key derivation path, enabling users to prove control without disclosing the parent key, thus distinguishing legitimate owners from attackers. The solution was developed in collaboration with Jim Posen, a primary maintainer of the open-source Binius zero-knowledge proof system, and is based on the "signature lifting" technique proposed by Alon Sattath and Robert Wyborski. Project Eleven noted that the prototype has not yet been audited and requires blockchain protocol support before it can be deployed. It is primarily aimed at users who miss the window to migrate to quantum-resistant addresses in the future.

Odaily Planet Daily News: Crypto payment company BitPay announced that it has received approval from the Netherlands Authority for the Financial Markets to obtain a crypto asset service provider license, allowing it to operate within EU member states under the Markets in Crypto-Assets regulatory framework. BitPay stated that this license will support the company in expanding services such as crypto payments and stablecoin payments across Europe. According to relevant requirements, starting July 1, all entities providing crypto-related services must be subject to regulation. Jonathan Arler, BitPay's Head of Europe, stated that Europe is one of the most important regions for the future development of payments. Previously, Ripple announced that it had obtained a crypto asset service provider license from the Luxembourg financial regulator.

Odaily News: Crypto trading platform Crypto.com has secured a $400 million investment from Citadel Securities, bringing its company valuation to $20 billion. This deal marks Crypto.com's first institutional funding round since its establishment in 2016. Crypto.com stated that it will use the funds to expand its business in tokenized securities, derivatives, and other asset classes.

According to Odaily, Bitcoin treasury startup ORANGE JUICE announced on July 15, 2026, that it has completed a $40 million funding round, with Grupo Salinas Founder and Chairman Ricardo Salinas serving as a cornerstone investor. Bitcoin investors including Jeff Booth and Lyn Alden also participated. ORANGE JUICE plans to acquire small businesses with annual cash flows ranging from $1 million to $10 million, allocating a portion of retained earnings towards new acquisitions and Bitcoin purchases. The company stated it will rely primarily on operating cash flow for growth, using debt and equity issuance sparingly. Ruben Zweiban will serve as Operating Partner overseeing daily operations. He previously worked as an investment banker at BofA Securities, an equity research analyst at JPMorgan Asset Management, and served as Chief Investment Officer for a multi-billion dollar private multi-family office. The company also plans to pursue a public listing in the future.

Odaily reports, as monitored by Onchain Lens, a Hyperliquid trader has accumulated a profit of $527,000. Recently, the trader went fully short, opening a short position of 145 BTC, worth $9.31 million, as well as 15,000 HYPE, worth $938,000.

Odaily reported that BitcoinTreasuries.NET posted on X platform, stating that VanEck’s Preferred Securities ex-Financials ETF PFXF, which manages $237 billion in assets, has increased its Strategy Stretch STRC holdings to 2.42 million shares, valued at $209 million. This represents over 8.75% of the ETF’s net assets and is classified as digital credit assets.

Odaily Planet Daily News: Federal Reserve's Logan stated that the Fed should raise interest rates to address persistently high inflation. The June inflation data showed a moderation in price increases, but it is not enough to convince her that inflation has returned to the Fed's 2% target path. Logan noted that the June CPI data suggests inflation is on track to potentially return to the target level, offering a more optimistic outlook, but the path remains fragile. She currently believes a modest rate hike would help better balance the outlook and risks.

Odaily reports that BlackRock has withdrawn 1,246 BTC (valued at approximately $80.6 million) and 3,542 ETH (valued at approximately $6.69 million) from Coinbase Prime.

Odaily Planet Daily reported that the U.S. Treasury Department has added four cryptocurrency wallets linked to Iran's central bank to its sanctions list. In response, Tether has frozen $131 million worth of USDT, bringing the total amount frozen in connection to approximately $475 million.

Odaily Planet Daily News: Blockchain Association CEO and former CFTC Commissioner Summer Mersinger stated that the main text of the Digital Asset Market Clarity (CLARITY) Act, which is advancing through Congress, is nearly complete, with only a few minor details still to be addressed. Mersinger noted that if lawmakers reach an agreement on ethics provisions, the Senate could vote on the bill as early as next week. She stated that the ethics issue is the current focus. The White House held a meeting with some Republican senators on the same day, but the related outcome still requires acceptance or modification by Democrats to reach a consensus. On Tuesday, three Senate Democrats indicated they would not support the crypto market structure bill without clear ethics provisions, citing President Trump's digital asset-related financial disclosures and potential corruption risks. Republicans hold only a slim majority in the Senate, meaning the bill's passage will require support from multiple Democrats.