1. Trump: I saved the US cryptocurrency industry and will establish a "future-oriented" encryption market structure framework;

2. US official: US military launches new strikes on Iranian military bases;

3. Polymarket denies full rollout of KYC, only beta version requires verification for some users;

4. Samsung Securities plans to invest $204 million to acquire a 2% stake in Upbit operator Dunamu;

5. SEC Chair: Will provide much-needed clear guidance for the digital asset market;

6. Doge Designer: Musk and his companies have no association with any cryptocurrency or exchange;

7. Changxin Technology's IPO review status changes to submitted for registration;

8. Blockworks, together with Coinbase and other crypto institutions, establishes a token disclosure alliance to promote "stock market-like" transparent disclosure standards;

9. Hong Kong Monetary Authority requires banks to complete investigations into account openings using fake documents dating back to January 2023 within three months;

10. Vitalik: Will shift from regular blog posts to experimenting with science fiction themed around decentralized governance;

11. BNB Plus will raise $4.1 million by issuing convertible preferred shares.

Odaily, “New Stock God” Serenity posted on X platform, expressing great joy at seeing strong support from the Chinese community on X, and believes this reflects differences in investment exchange across different cultures.

Serenity stated that users in the Chinese community are more inclined to study his thought process and stock selection logic, using this to improve their own investment systems; in contrast, users from some other cultural backgrounds are more likely to directly reject viewpoints.

Odaily reported that in response to The Information's report on "Polymarket planning to require users to complete KYC due to compliance pressure," Polymarket's Vice President of Engineering, Josh Stevens, responded that the report is not true.

Josh Stevens stated that Polymarket is currently testing a new beta product, and KYC verification is only required for some trial users during the testing period. There is no new KYC requirement added to the existing Polymarket website.

He further stated that once the testing period for this product ends, users will no longer need to undergo KYC to use it.

Odaily reported that Samsung Securities has passed a board resolution to acquire 2% of Dunamu's shares for 306.3 billion won (approximately $204 million), totaling around 697,000 shares at an acquisition price of about 439,000 won per share.

The sellers in this transaction include Kakao Investment, Kakao Ventures, Kakao Youth Startup Fund, and the KIF-Kakao Woori Bank Technology Finance Investment Fund. Based on the transaction price, Dunamu's overall valuation is estimated at approximately 15.3 trillion won (about $10.2 billion).

Samsung Securities stated that this investment aims to enhance its competitiveness in the digital asset business and expand related synergies. Previously, Hanwha Investment & Securities also acquired Dunamu shares held by Kakao Investment at the same valuation. (Yonhap News Agency)

Odaily Planet Daily News: According to Iran's Tasnim News Agency, citing a military source, the U.S. military opened fire in the Bandar Hormoz region near Iran's Strait of Hormuz, following a confrontation between Iran's Revolutionary Guard and a U.S. oil tanker attempting to pass through the Strait of Hormuz. No casualties or losses have been reported so far. (Jinshi)

According to data from MSX.COM, U.S. stocks closed with the Dow Jones up 0.36%, the S&P 500 up 0.02%, and the Nasdaq up 0.07%. The VIX fear index fell 4.23%. Crypto concept stocks declined broadly, with BNB Network dropping 8.18%, Tron Inc. down 4.13%, BTCS down 3.73%, Strategy down 3.58%, and Coinbase down 3.46%. It is reported that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Odaily Planet Daily News: AI programming startup Cognition announced the completion of a new funding round of over $1 billion, with its pre-money valuation surging to $25 billion, doubling from the $10.2 billion post-money valuation achieved just 8 months ago.

This funding round was led by Lux Capital and General Catalyst, with continued participation from Founders Fund and 8VC. New investors include Ribbit Capital, Atreides, and Layer Global.

According to official data, the company's AI programmer product, Devin, has achieved a 50% month-over-month growth in enterprise user adoption over the past 6 months. The company's current Annual Recurring Revenue (ARR) has reached $492 million, with customers including major institutions such as Mercedes-Benz, NASA, Goldman Sachs, and Santander Bank.

Facing competition from native AI coding tools such as Anthropic Claude Code, OpenAI Codex, and Google Jules, Cognition stated that Devin's continued growth and the acquisition of Windsurf assets demonstrate that independent AI programming agents still possess commercial viability.

Odaily Planet Daily News: The United States Commodity Futures Trading Commission (CFTC) announced that it has jointly filed for an exemption from judgment with Gemini Trust Company LLC regarding the lawsuit initiated against Gemini in 2022.

It is reported that the case was filed in June 2022, and both parties reached a settlement agreement in January 2025. After a comprehensive review, the CFTC concluded that the case should not have been brought and would not be pursued under current enforcement standards.

The review report identified six major issues, including: the lawsuit was primarily based on statements from a whistleblower known to lack credibility; the investigation targeted Gemini as the victim rather than focusing on the alleged fraudsters; doubts existed regarding the strength of evidence against Gemini; key evidence was not provided to commissioners during their vote; litigation attorneys used deliberative privilege to prevent Gemini from accessing defense materials; and personnel involved were suspected of using regulatory authority to pressure Gemini into a settlement.

Odaily Planet Daily News According to monitoring by Yu Jin, Trend Research (0xfa9...EB58), a secondary investment firm under boss Jackyi_ld, transferred the remaining 2.705 million UNI and 114,000 COMP to Binance an hour ago. These tokens are valued at $8.71 million and $2.13 million, respectively. The firm has now fully liquidated its positions in UNI and COMP, realizing a loss of $40.29 million. Trend Research had purchased 5.41 million UNI at an average price of $9.5 and 228,700 COMP at an average price of $49.3 during last July's market rebound. It sold UNI at an average price of $3.3 and COMP at an average price of $19.4 in May this year.

Odaily Planet Daily News: The U.S. Department of Justice has indicted Google software engineer Michele Spagnuolo for allegedly exploiting confidential internal Google information to trade on prediction markets via Polymarket, illegally profiting approximately $1.2 million.

According to the indictment, Spagnuolo, operating under the account name "AlphaRaccoon" on Polymarket, placed bets totaling over $2.7 million related to Google's "Year in Search 2025" rankings. He is suspected of obtaining advance access to Google's internal data on the most searched personalities to guide his trading decisions.

U.S. prosecutors stated that his actions allegedly violated his fiduciary duties to his employer and constitute insider trading. Google confirmed that the employee has been suspended and is cooperating with law enforcement authorities. Polymarket stated that it has cooperated with U.S. prosecutors and the CFTC, noting that blockchain transactions are transparent and traceable. (TechCrunch)   

Odaily reported that Federal Reserve Vice Chairman Jefferson stated that it is very important not only to communicate but also to take action so that the public understands our intention and commitment to restoring inflation to the 2% target. (Jinshi)

According to Odaily, crypto analyst Yujin @EmberCN reported that Pump transferred another 100,628 SOL, worth approximately $8.32 million, to Kraken one hour ago.

Yujin noted that since Pump resumed transferring fee revenue to exchanges 10 days ago, it has been continuously conducting SOL transfer operations. Data shows that from the beginning of 2024 to the present, Pump has sold approximately 4.54 million SOL from fee revenue, with a total value of around $791 million, at an average selling price of approximately $174.

Odaily reported that U.S. President Donald Trump on Wednesday commented on reports regarding a joint Iranian-Omani control of the Strait of Hormuz, stating that Oman "will behave" and rejecting any such mechanism, "or else we'll have to bomb them." Iranian authorities have proposed cooperating with Omani authorities to manage and regulate maritime traffic in the strait between the two countries. Meanwhile, Iran had considered establishing a joint fee-collection mechanism with Oman, a proposal that faced opposition from the United States. Responding to the proposal after a cabinet meeting, Trump told reporters: "Nobody is going to control the Strait. The strait will be open to everyone," and added that the U.S. would "keep a close eye on it." Trump added: "Oman will act like every other country, or else we'll bomb them. They understand that, so there won't be a problem." (Jin Shi)

Odaily Planet Daily News According to Reuters, citing a US military official, the US military "launched a new strike on an Iranian military facility and intercepted and shot down multiple drones." The facility and drones were reportedly "posing a threat to US forces and commercial shipping in the Strait of Hormuz." (CCTV International News)

Odaily Planet Daily News The stock prices of Bitcoin mining companies transitioning into AI and hyperscale computing continue to climb. IREN rose over 13% on Wednesday, nearing its all-time high. The company previously announced a $3 billion convertible bond offering, partnered with Nvidia to build 5 GW of AI data centers, and acquired Mirantis for $625 million; on Tuesday, it also reached a $1.6 billion agreement with Dell to supply Blackwell AI systems. Both Cipher and Hut 8 hit new record highs, with Cipher rising approximately 9.5% to $25, and Hut 8 increasing nearly 5% to $118. Hut 8 has surged nearly 600% over the past year. TeraWulf rose over 6% on Wednesday and has gained approximately 800% in the past year, with its HPC business quarterly revenue exceeding Bitcoin mining revenue for the first time.