Odaily News: Japan's largest banking group, Mitsubishi UFJ Financial Group (MUFG), plans to leverage blockchain technology to provide instant settlement services for certain Japanese Government Bond (JGB) transactions.

According to reports, MUFG intends to use tokenized money market funds and stablecoins to conduct blockchain-based JGB repurchase transactions, aiming to shorten the settlement process of traditional securities trading. (Nikkei)

Odaily reported that crypto lending firm Figure Lending LLC offers cryptocurrency-backed loans, allowing borrowers to use Bitcoin, Ethereum, or Solana as collateral to access cash of up to 75% of the collateral's value while retaining ownership of their tokens. Such loans generally do not constitute a sale and typically do not trigger a capital gains event. Figure Lending LLC stated that borrowers should compare maximum loan-to-value ratios, fixed or variable interest rates, regulatory licensing, and liquidation terms. The firm offers fixed-rate loans with a 12-month term, a maximum annual percentage rate of 12.62%, and supports same-day funding without requiring a credit score, as approval is based on the collateral. Figure provides an optional liquidation protection feature, available in select states, which may defer liquidation during the loan term due to price declines; however, liquidation may still occur if the loan becomes delinquent. This feature does not apply to non-payment, default, or violation of loan terms, and declines in crypto asset prices may still trigger margin calls. (Decrypt)

Odaily News: According to Saudi Arabia's Al Arabiya TV, Pakistani mediators are seeking to extend the 60-day ceasefire between the US and Iran.

Odaily News: According to official page information, SpaceXAI has launched Grok 4.6.

Odaily News: U.S. President Trump has been sued over plans to sell early access to his Truth Social posts. The service would allow paying customers to view Trump's posts before they are released to the public. (Bloomberg)

According to Odaily, data from MSX.COM shows that WEN briefly surged over 17% and is now trading at $8.9. Investor Nelson Peltz is preparing to launch a takeover bid for the U.S. hamburger chain brand Wendy's.

Odaily News: According to market sources, Trump stated that the United States has full control over the Strait of Hormuz and will maintain that control.

Odaily News: According to data from MSX.COM, SK Hynix's stock price surge has expanded to 8.6%, reported at $153.95 per share, with a total market capitalization of $1.12 trillion.

Odaily News: Adam (@Adam_Tehc) stated that based on on-chain weekly trading volume, even when factoring in the period dominated by Blur, the NFT cycle lasted only about 21 months. In contrast, the current Meme coin cycle has approached 3 years and is now entering its "fourth phase."

Adam believes that Meme coin trading activity has recently seen a notable resurgence, while NFT trading volume has remained at low levels for an extended period. The comparison between the two lifecycles is no longer much of a contest, as the Meme coin cycle has clearly surpassed the previous NFT cycle in both duration and market activity.