Odaily News: Iranian Foreign Minister Araghchi stated that Iran is in consultations with Oman regarding the adjustment of shipping lanes in the Strait of Hormuz, which have now entered the final stage. He also emphasized that even if an agreement is reached on the lane adjustment, it does not mean the Strait of Hormuz has been reopened, as its reopening still requires a series of conditions to be met. Araghchi noted that both sides are currently discussing replacing the original shipping lanes with new ones, and relevant experts are conducting technical work. (CCTV News)
Odaily News BIP-110 has sparked community controversy over its attempt to restrict non-financial data storage on the Bitcoin blockchain. Supporters of this proposal plan to push for the rule change through a User-Activated Soft Fork (UASF), but current miner support is far from meeting the activation requirements. The market is watching whether this controversy will further escalate into a split within Bitcoin's network governance.
Blockstream CEO Adam Back criticized the arguments of BIP-110 supporters in a post on the X platform, stating that the claim "Bitcoin supports spam data" is incorrect and noting that all Bitcoin participants dislike network spam. Adam Back pointed out that Bitcoin cannot achieve absolute censorship at the mathematical level, and the BIP-110 proposal itself has numerous flaws that prevent it from functioning effectively, which is why it has not gained network consensus. He emphasized that forcibly pushing rule changes without consensus could ultimately lead to a fork outcome similar to Bitcoin SV (BSV).
Odaily Planet Daily News: The Hong Kong Securities and Futures Commission (SFC) has added Polar Tensor to its list of suspicious virtual asset trading platforms, listing 17 related websites. The SFC reminds that neither Polar Tensor nor its websites are licensed by the SFC to conduct regulated activities in Hong Kong.
Odaily News – The Korea Regulatory Reform Committee has proposed amendments to the Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information, which would exclude minor violations from the major shareholder qualification restrictions for Virtual Asset Service Providers (VASPs). This has sparked discussions in the market regarding exchange mergers and acquisitions, new business entries, and regulatory fairness. The proposed relaxation also raises questions about the scope of authority of the Enforcement Decree.
Since June 2024, South Korea has not approved any new VASP registration applications, so changes to the major shareholder review standards could directly affect future exchange acquisitions, new market entrants, and industry consolidation. Some observers point out that the current law does not explicitly grant the Enforcement Decree the authority to establish such exemption clauses, and if adjustments are made solely through administrative orders, they may face controversy over insufficient legal basis. At present, the core of South Korea's virtual asset industry is not short-term price volatility, but rather regulatory frameworks and market structure adjustments. Whether the major shareholder review system will be relaxed, and how to balance market opening with investor protection in the future, will become key variables in the industry's development. (NATE)
Odaily reported that a16z crypto officially stated on X platform that stablecoin card payments are gradually gaining traction, with crypto payment cards evolving from a novelty to surpassing $750 million in monthly spending. These payment cards allow people to use cryptocurrency for purchases at any location that accepts traditional card networks. The accompanying infographic shows that crypto payment cards such as ReddotPay, EtherFi, and KAST recorded $750 million in spending in July.
Odaily Planet Daily News Moore Threads announced that the company held a board meeting to deliberate and approve the proposal related to issuing H shares and listing on the Main Board of the Hong Kong Stock Exchange. The company plans to issue overseas-listed foreign shares (H shares) and apply for listing on the Main Board of the Hong Kong Stock Exchange. The issuance will be completed at an appropriate time and within an issuance window during the validity period of the shareholders' resolution or any other extended period approved by the shareholders. The issuance is still subject to review by the shareholders' meeting and requires filing, approval, and/or authorization from relevant government and regulatory authorities. At present, specific details have not been finalized, and there is significant uncertainty regarding its implementation. (Jin Shi)
According to monitoring by the PPP Prediction Market Tool, the probability on Polymarket of "the US ending its blockade on Iran before August 31" has dropped to 59%, down 16% in 24 hours; the probability of ending the blockade before September 30 has fallen to 77%, down 11% in 24 hours.
Iranian Foreign Minister Araghchi stated today that Iran will continue to uphold its stance of resistance. When discussing recent regional conflicts, Araghchi noted that Iran has suffered military strikes from the US and Israel, resulting in casualties, and that Iran will not forget those who died in the recent conflicts. He said, "We will neither forget nor forgive." Araghchi added that in the face of external pressure, Iran will persist in its stance of resistance and defend its national independence and dignity.
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Odaily News According to official sources, decentralized robotics platform Konnex has announced its token economic model with a total supply of 1 billion tokens, broken down as follows:
Miners and validators account for 40.7%, unlocking gradually over 8 years;
Supporters, team, and advisors account for 30.8%, locked for 12 months;
Ecosystem, marketing, and liquidity account for 19.5%, available at TGE;
Treasury and foundation account for 9.0%, with a portion unlocked at TGE and the remainder vesting over 3 years.
Konnex is a decentralized robotics platform that announced in January it had secured $15 million in funding from strategic partners.
Related Reading: "Trending Interaction Guide | Konnex Launches Testnet; Concrete Adds New Points Quests (April 30)"
Odaily News: According to EmberCN monitoring, the on-chain TUT dynamics primarily involve market makers and manipulators reallocating funds among major CEXs. Over the past day or so, 160 million TUT tokens have been transferred from Binance to Bitget, accounting for 20% of the total supply.
Odaily News: According to the official announcement, eligible users can visit the Binance Alpha event page to claim the airdrop using their Binance Alpha points after trading opens. More details will be announced soon.
Odaily News, Coingalss data shows that in the past hour, liquidations across the entire network reached $74.1655 million, with TUT liquidations at $34.5129 million.
Odaily News: According to OKX market data, TUT broke above $0.30 before rapidly declining, briefly dropping below $0.13.
A monitoring tool by PPP Prediction Market Tool shows that in the predict.fun prediction event for "LPL Third Stage IG vs LNG," the probability of IG defeating LNG is currently reported at 85%.
Today at 3 PM, the LPL Third Stage will feature IG facing LNG in a BO3 format match.
In recent matches, after defeating LNG, IG lost 1:2 to NIP; LNG, following a 0:2 loss to IG, suffered another 0:2 defeat against WBG in their last match, currently on a three-game losing streak.
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Odaily News: According to OKX market data, TUT token has broken above $0.20, with a daily increase of over 370%, reaching a high of $0.25300.


