Odaily Planet Daily News: New York Attorney General Letitia James submitted written testimony to the U.S. Congress, urging stronger regulation of cryptocurrency companies and warning that proposed federal legislation could undermine states' ability to investigate fraud and hold platforms accountable. Letitia James stated that the Digital Asset Market Clarity Act would preempt state-level digital asset market regulation and transfer oversight authority to the U.S. Commodity Futures Trading Commission (CFTC), thereby weakening state and local enforcement. She disclosed that the New York Attorney General’s Office has seen a threefold increase in crypto fraud complaints over the past three years, with total reported losses over the past five years approaching $500 million. She called on crypto platforms to comply with anti-money laundering, know-your-customer (KYC), and cybersecurity requirements, monitor suspicious activity and market manipulation, and be held financially responsible when they fail to protect customers from fraud.

Odaily reports that according to OKX market data, ETH has fallen below 1900 USDT and is currently trading at 1899.99 USDT, with a 24-hour decline of 2.59%.

Odaily报道, OKX market data shows that BTC has fallen below 64,000 USDT, currently trading at 63,988.1 USDT, with a 24H decrease of 2.18%.

Odaily Planet Daily News: Coinbase Co-founder and CEO Brian Armstrong stated that AI and cryptocurrency are complementary technologies, and the AI trend will not weaken cryptocurrency but instead make it more important. He believes that in the future, AI Agents will need to earn, hold, and spend funds without requiring human approval at every step. Brian Armstrong predicts that AI Agents will eventually execute a greater number of daily transactions than all humans combined, requiring real-time programmable money. Coinbase is positioning USDC, the Base blockchain, and the x402 payment protocol as the core infrastructure for this market. Coinbase refers to its related strategy as "Agentic Finance" and is developing tools that allow AI systems to access wallets, make payments, and execute financial instructions within user-defined limits. The company recently launched USDC AI Agent payment capabilities for enterprises through Coinbase Business.

Odaily Planet Daily News Prediction market traders have priced the probability of OpenAI publicly releasing GPT-6 by September 30 at approximately 78%. The Polymarket related market trading volume is about $731,000, an increase of approximately $32,000 from the previous index snapshot; probability for the contract releasing before September 30 has risen to 77%, probability for release before August 31 is in the mid-30% range, and probability for release before August 21 has dropped to 15%. On Myriad, the probability for a September release has also risen to 77%, up from 64% last week. As of July 27, OpenAI has not yet publicly announced GPT-6, its technical design, or a release date. Its current flagship general-purpose model, GPT-5.6 Sol, was publicly released on July 9. OpenAI previously confirmed that GPT-5.6 Sol and a more capable pre-release model breached Hugging Face during a cybersecurity evaluation. The company also announced the addition of 250 new positions in Dublin, while SoftBank is providing financing for OpenAI's related initiatives through a $40 billion bridge loan.

Odaily Odaily News: HyperliquidNews posted on platform X, stating that over the past 24 hours, TradeXYZ generated $176,500 in trading fee revenue, with an equivalent amount allocated to the Assistance Fund. Priority fees, mainly generated by the TradeXYZ market, added another $38,500 to $65,300 in revenue. The total protocol revenue over the past 24 hours was $1.5972 million, of which TradeXYZ contributed between $215,000 and $241,800, accounting for 13.46% to 15.14%.

Odaily星球日报讯 Asset management firm Franklin Templeton announced its support for the CLARITY Act on July 27. Franklin Resources had previously disclosed that as of June 30, its assets under management totaled $1.79 trillion, up from $1.78 trillion a month earlier. Franklin Templeton stated that the CLARITY Act would establish clearer rules for digital assets, help investors understand the protections available, and increase corporate certainty regarding the division of federal regulatory responsibilities. BlackRock, Fidelity Investments, Goldman Sachs, and Charles Schwab have previously publicly supported this market structure bill. Senate Republicans released an updated version on July 22, proposing to divide the regulatory oversight of digital assets between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Odaily Planet Daily News: The world’s largest asset management company, BlackRock, has expressed support for the CLARITY Act. Samara Cohen, Senior Managing Director and Head of Global Market Development at BlackRock, stated the bill represents a significant step toward establishing an investor-first regulatory framework for digital assets. Cohen stated the bill will help shape the next phase of market structure in the US by supporting innovation while maintaining transparency, resilience, and investor protection. Fidelity, Goldman Sachs CEO David Solomon, and Charles Schwab have previously expressed support for related legislation or clearer digital asset rules. Last week, the US Senate Republicans released an updated version of the CLARITY Act, integrating work from both the Senate Banking Committee and the Agriculture Committee. Senate Majority Leader John Thune indicated that relevant Senate work could extend beyond the August recess. Crypto advocacy group Stand With Crypto stated that it has sent over 925,000 emails to Congress in 2025, exceeding 1.1 million contacts with Congress since its founding. The organization said each Senate vote on the CLARITY Act will be included in a public congressional scorecard.

Odaily Odaily News A bipartisan group of Pennsylvania state legislators has introduced HB 2711, a bill aimed at prohibiting sportsbooks and other gambling companies from acting as liquidity providers or market makers on prediction platforms. The bill was introduced by State Representative Tarik Khan on July 22 and has been referred to the House Consumer Protection, Technology, and Utilities Committee. The bill would also bar prediction platforms from contracting or sharing revenue with enterprises primarily engaged in gambling activities, with restrictions covering parent companies, subsidiaries, affiliates, joint ventures, employees, and entities acting for the financial benefit of other companies. DraftKings and Flutter have both previously advanced market-making operations; DraftKings recently launched the DKeX exchange after acquiring CFTC-registered firm Railbird Technologies. HB 2711 proposes setting a minimum participation age of 21 and requires platforms to exclude self-excluded users, company employees, employees of settlement sources, and those holding material non-public information. The bill also mandates that platforms implement commercially reasonable measures to prevent fraud, manipulation, and the misuse of material non-public information, and prohibits markets involving high school sports, sports events involving minors, personal health conditions, and death events. The proposal does not establish a licensing system, with enforcement authority vesting in the state Attorney General. A companion bill, HB 2497, would require platforms to obtain a license from the Pennsylvania Gaming Control Board and impose an aggregate 22% tax on the revenue of prediction betting platforms. Neither bill has yet received a committee vote or hearing.

Odaily Odaily News: The Bitcoin BIP-110 forced signaling window will open at block height 961632, expected around August 9, 2026. As of 8:40 AM (EDT) on July 27, the chain height is 959842, approximately 1790 blocks away from this activation block. The current BIP-110 signaling support rate is around 2.64%. BIP-110, officially named "Reduced Data Temporary Softfork," proposes to limit the size of certain data fields within Bitcoin transactions, targeting Ordinals-like inscriptions, large OP_RETURN payloads, and similar high-data-volume use cases. If activated, the restrictions will take effect at block 965664 and automatically expire after 52,416 blocks (approximately one year). Current signaling support primarily comes from Ocean, independent miners, and small-scale operators. Major mining pools such as Foundry, Antpool, ViaBTC, and F2pool have not yet switched to supporting the proposal. Foundry has requested clients to vote based on their average hashrate; only when “support” votes exceed 51% of the participating weighted hashrate will the pool switch all its blocks to signaling support. If the current signaling level persists until block 961632, nodes enforcing BIP-110 will reject blocks that have not signaled version bit 4 and will instead follow the minority of blocks that do signal. Unupgraded nodes will continue to accept both signaling and non-signaling blocks, and will follow the chain with the most cumulative proof of work.

Odaily reports, according to monitoring by Onchain Lens, over the past day, Hyperliquid generated $743,900 in fees and burned 11,780 HYPE, valued at $667,900. It has cumulatively burned 47.3 million HYPE, valued at $2.68 billion, accounting for 4.73% of the maximum supply of 1 billion tokens.

Odaily reported on July 25 that a Reddit user discovered hundreds of fully readable Claude shared conversations through a Google search for "site:claude.ai/share". The content includes sensitive information such as crypto wallet seed phrases, potential Social Security numbers, and legal discussions. The issue stems from Anthropic failing to add a noindex meta tag to Claude's shared pages. While its robots.txt had blocked crawling of Claude's shared URLs, Google could still index relevant pages when shared links appeared on public websites. The same issue also affected Claude's public artifacts, including apps, dashboards, and financial tools created by users within Claude. Related search results once displayed payroll sheets containing employee names, internal customer relationship management chat exports, and unreleased product roadmaps. Before July 26, after Anthropic updated its configuration and added the noindex tag, Google began removing Claude-related results. Bing still displayed some shared links; one GitHub repository has archived 453 Claude conversations and 519 Grok conversations, totaling 11,241 plaintext messages.

Odaily Planet Daily reported that Bitcoin News posted on X platform, stating that Sen. Chris Murphy said he will vote against the CLARITY Act and claimed that President Trump is still a major participant in the crypto industry while regulating it, which is "fundamentally corrupt."

Odaily reports: BitcoinTreasuries.NET posted on X that Brazilian listed company OranjeBTC (OBTC3) has purchased an additional 6 Bitcoins. It now holds a total of 3,918 BTC, ranking 24th in the Bitcoin 100 Ranking.

Odaily reported that Crypto.com Custody has announced it will provide institutional-grade custody and liquidity services for XYO and XL1. This marks the first listing on a major trading platform for XL1 following its token sale, allowing qualified institutions and high-net-worth clients to store, manage, and exchange both tokens through a regulated pathway. Related assets will be held in client-segregated MPC wallets and held by bankruptcy-remote entities. Private keys are protected by multi-party computation running within a trusted execution environment. Clients have access to cold storage, audit trails, and Crypto.com’s institutional liquidity services. Eric Anziani, President and Chief Operating Officer of Crypto.com, stated that digital asset organizations require custody solutions that offer both security and liquidity. Markus Levin, co-founder of XYO, noted that after XYO was initially listed on the Crypto.com trading platform, the relationship between the two parties has continued to expand. In July 2026, Citadel Securities invested $400 million in Crypto.com at a valuation of $20 billion. In February 2026, the U.S. Office of the Comptroller of the Currency (OCC) conditionally approved Crypto.com to establish Crypto.com National Trust Bank.

Odaily reports: After perpetual futures entered the regulated US market, Wall Street institutions are still taking a wait-and-see approach. Bank of America estimates that the global annual trading volume of perpetual futures is approximately 90 trillion USD; within a week of Kalshi launching perpetual futures in June, trading volume exceeded 1 billion USD. Perpetual futures are similar to standard futures but have no expiration date, meaning traders do not need to close or roll over positions monthly or quarterly. Instead, periodic funding rates keep the contract price close to the underlying asset. On May 29, the US Commodity Futures Trading Commission (CFTC) approved Kalshi to offer such contracts, and Coinbase also received approval to list regulated perpetual futures in the US. Insiders say that large financial institutions are still studying these products, with proprietary trading firms, market makers, and emerging clearing firms likely to be the first to participate. Large banks face stricter capital rules, client obligations, and reputational risks, and typically wait for years of data, clear regulatory treatment, and stable infrastructure. Perpetual futures may also be used to manage weekend risk, but market depth remains a concern. Industry insiders note that regulatory disagreements are emerging over whether certain contracts should be classified as futures or swaps, and CME has already challenged the CFTC's handling of Kalshi's Bitcoin perpetual contract.