Iran's Revolutionary Guard Warns: Ships Using the Strait of Hormuz Without Tehran's Approval Will Be Struck.

BitMart Research Weekly: Hawkish Fed Expectations Intensify, Crypto Market Faces Continued Pressure, RWA Sector Bucks the Trend

Bitmine、SharpLink与Joe Lubin支持Ethlabs，推动以太坊下一阶段增长。

Stablecoins, Tokenized Assets, DeFi, and "Agentic Finance" Will Fundamentally Change How Finance Operates in the Coming Years.

DeFi Lending Moves Toward Modularity: The Risk Management Battle of Morpho, Euler, and Aave.

以监管趋势与资本流向来判断。未来可能出现的组合，方向上是：代币化国债作为无风险腿的底座 + 由 CME 基差 / Bitfinex 期限结构 / 链上利率互换拼出的期限曲线——或者，一条治理中立的聚合指数。

แนวโน้มที่ใหญ่ที่สุดของอุตสาหกรรม Crypto ในปี 2026 ไม่ใช่บล็อกเชนใหม่ ไม่ใช่ Meme ใหม่ ไม่ใช่การผ่าน ETF แต่เป็นการที่เงินทุน Crypto ครั้งแรกจำนวนมหาศาลและเป็นระบบได้เข้าสู่ระบบสินทรัพย์หลักของ TradFi

This report systematically examines the evolution of on-chain enforcement and blacklisting systems from 2022 to 2026, covering five key dimensions: the Tornado Cash case, mixer enforcement, the rise of the on-chain analytics industry, the divergence of regulatory frameworks across Europe, America, and Asia, and state-actor confrontations. The core conclusion is that the biggest problem with on-chain enforcement over the past four years is not that it is "not strict enough" but that it is "heading in the wrong direction" — continuing to escalate the traditional list-based sanctions approach will only harm innocent users and genuine decentralized innovation simultaneously. The true path forward for on-chain enforcement should be a three-track system: risk stratification, judicial independence, and technological autonomy.

Following Cerebras’ 300% return in May, MSX delivered its second “perfect score” on SpaceX’s IPO night.

过去一周，加密市场出现了一个非常值得关注的现象： 风险资金正在撤离，但链上资金并未离场。

谈判的艺术，在于战争与利益的媾和。

While the entire industry is talking about "RWA tokenization," the next truly structural opportunity might be "on-chain native credit creation."

优秀的稳定币不应只是价值的“锚”，更应成为用户财富持续增长的工具。

Core Thesis: The competition in stablecoin payments is shifting from consumer-facing U-card products to B2B underlying infrastructure. Capital is betting on service providers like WasabiCard that offer card issuance, APIs, settlement, and compliance capabilities. Their growth can leverage enterprise clients to create compounding effects, potentially reshaping the industry landscape.Key Elements:WasabiCard completed a nearly $10 million Pre-A funding round, with investors including Avenir Group, the family office of Li Lin. The company has raised nearly $10 million to date, focusing on global card issuance resources and compliance system building.A Fireblocks report shows that nearly 90% of institutions have engaged with stablecoin payments, with 49% using them for payment scenarios. Global stablecoin on-chain transfer volume reached $33 trillion, a 72% year-over-year increase, surpassing the combined volumes of Visa and Mastercard.The consumer U-card model (e.g., RedotPay: 6 million users, $10 billion annual transaction volume) relies on external card issuance and compliance partnerships, making it difficult to sustain long-term. The B2B infrastructure model (e.g., BVNK: $30 billion annual processing volume) was acquired by Mastercard for $1.8 billion, demonstrating a higher competitive moat.WasabiCard has served over 500 enterprise clients, issued more than 500,000 cards, surpassed $1 billion in transaction volume, and supports multi-chain access. Positioned as a "white-label" global card issuance and payment API infrastructure, it leads in B2B payout capabilities (most valued by 41% of clients) and compliance (34%).Traditional payment giants are accelerating their moves: Stripe acquired Bridge for $1.1 billion, Mastercard plans to acquire BVNK for $1.8 billion, and Visa intends to expand stablecoin-linked cards to over 100 countries, indicating that infrastructure is the key strategic position.

Market News: SBF Formally Requests a Pardon from Trump.

Glassnode Co-founder Indicates Bitcoin Has Entered a Bottom Range, with High Probability Bottom Between $46,000-$54,000.