Armstrong said that self-custody wallets are the only way to expand open finance coverage to more than 1 billion+ users, and that the United States accounts for only 4% of the global population. Self-custody reduces onboarding friction, is globally accessible, and can be scaled through software without establishing regulated entities in each country. AI agents can also use self-custody to access funds. Pollak, the former head of Base, stepped down and was replaced by Fish. Base will focus on trading, payments, and agents, building a global financial blockchain.

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COIN-2.15%

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1h ago

Wow—news about the way Arbtrium froze funds belonging to North Korean hackers has taken an even more dramatic turn. A federal court in New York, U.S., has issued a ruling ordering Arbtrium to compensate a group of Americans who have been persecuted by North Korea 🤣.

The background is that over the past few decades, North Korea has faced collective lawsuits from many groups of people with U.S. citizenship because of its actions such as terrorism and illegal hostage-taking. However, the North Korean government has never paid compensation on its own, so these plaintiffs have, worldwide, been looking for assets belonging to North Korea—and then requesting that the U.S. government seize them to cover compensation. Before this, there had already been many successful cases. The most famous example is from 2017: U.S. college student Otto was arrested after being caught stealing a poster while traveling in North Korea, and he ultimately died. After his parents sued North Korea and won, a U.S. court ruled that North Korea should pay $500 million in damages, but North Korea ignored the ruling. In the following years, the U.S. government intercepted a large North Korean cargo ship, auctioned the ship off directly, and delivered the proceeds to his parents.

A U.S. federal court in New York ruled that Arbtrium must safeguard the funds stolen and frozen by North Korean hackers through AAVE, pending the court’s next instructions. The ruling characterizes the Arbtrium DAO as a partnership entity and confirms that service was effective; if it does not comply, it will face contempt of court and coercive measures against the core voting participant. The plaintiffs claim that the funds should belong to North Korea, and that in the past there have also been U.S. court rulings ordering compensation that was difficult to enforce.

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AAVE-0.86%

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1h ago

Michael Saylor opposes BIP 110, saying soft forks threaten Bitcoin’s neutrality rules

Strategy founder Michael Saylor posted in July listing 100 reasons for opposing BIP110. BIP110 is a Reduced Data Temporary Softfork proposed in 2026, planned to run for one year, and to introduce seven consensus constraints (83-byte OP_RETURN, payload/witness capped at 256 bytes, and certain Taproot structural restrictions). He said the 55% miner signaling threshold is lower than BIP9’s 95%, and that removing the timeout state makes it easier to cause chain splits and affects fees and long-term security; he also claimed that existing relay/mining tools can already limit the types of disputed transactions, so there’s no need to change the network-wide consensus. He argues that the base layer should be conservative and does not support using a soft fork to regulate disputed use cases.

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BTC0.81%

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4h ago

Suspected BIP 110 consensus vulnerability or causing Bitcoin node forks

Odaily Planet Daily reports that Bitcoin News posted on X, saying that Dathon Pwn claims to have discovered a BIP 110 late-upgrade consensus vulnerability. This could cause nodes upgrading from older software to retain the chain history, while newly deployed BIP 110 nodes would reject that history, potentially leading to a hidden chain split.

BTC0.81%

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4h ago

DOG Mode loosens the default Bitcoin forwarding policy without changing the consensus rules

Odaily Planet Daily reports that DOG Mode is an alternative Bitcoin client that relaxes the default forwarding policy affecting Ordinals and Runes transactions, but does not change Bitcoin consensus rules.

The proposal runs counter to the direction of BIP-110. BIP-110 previously attempted to tighten Bitcoin rules in order to limit on-chain data.

BTC0.81%

ORDI-3.33%

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6h ago

World Cup schedule: France vs. England kicks off in six hours

PPP reminds you of the upcoming schedule:
• France - England July 19 05:00 (UTC+8)
The latest fixtures are updated in real time. With one tap, you can jump to popular matches and quickly track the current moves of smart money.

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6h ago

A trader who previously lawfully extracted 4.426 trillion BONK from the BONK treasury sold another 800 billion BONK today.

Odaily Planet Daily reports that, according to Lookonchain monitoring, a trader who previously legally withdrew 4.426 trillion BONK from the BONK treasury, worth $21.2 million, has again sold 800 billion BONK today, worth $2.48 million. Since the July 6 incident, BONK is down 40%. The trader still holds 2.4 trillion BONK, worth $6.94 million.

BONK-9.88%

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7h ago

Kimi-K3 has already ranked first in the Frontend Code Arena with a score of 1679, surpassing Claude Fable 5.

Odaily Planet Daily News: AI model evaluation platform Arena shows that Kimi-K3 ranked first in the Frontend Code Arena with 1,679 points, surpassing Claude Fable 5. (Jin10)

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7h ago

SBI Holdings acquires majority stake in Coinhako, already approved by regulators

Odaily Planet Daily News: Japanese financial services company SBI Holdings has acquired a majority stake in Singapore’s cryptocurrency exchange Coinhako and has obtained regulatory approval. After the completion of this transaction, SBI Holdings further expanded its cryptocurrency business footprint in Asia. Coinhako is a local trading platform in Singapore.

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8h ago

STRC has not traded again at a $100 par value for more than two months

Odaily Planet Daily reports that Bitcoin News posted on the X platform that STRC has not been trading at a $100 par value for more than two months.

STRC-0.15%

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8h ago

KB Financial Group in South Korea establishes a 100 billion won digital asset strategic investment fund

KB Financial Group in South Korea has announced the establishment of a digital asset strategic investment fund with a scale of 1000 billion won, managed by KB Investment. The fund will focus on investing in digital asset-related technology companies, foundational models and application services that support AI transformation, as well as AI infrastructure startups such as data inference and analytics, to drive the transformation of digital finance and deeply integrate with the group’s business.

The abstract is generated by AI

KB Financial Group-0.27%

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8h ago

Robinhood Responds to Controversy Over Supporting Trump Accounts: Not Encouraging Speculation, Aiming to Expand Financial Inclusion

Critics say Robinhood’s support for Trump’s account could lead young and inexperienced investors to engage in gambling-style trading, especially as new products like predicted markets roll out push notifications, visual effects, and gamification elements onto the platform. Tenev said this is not encouraging speculation, but rather expanding financial inclusion and helping more U.S. families make long-term investments; the company has adjusted some designs in an effort to transform from a speculation trading platform into a broader financial services company.

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HOOD-5.78%

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8h ago

BONK continues to fall 7%, and an address involving a Bonk treasury of $21.2 million has transferred 400 billion BONK to Coinbase again

Odaily Planet Daily reports that, according to on-chain analysts Yu Jin’s monitoring, the address that siphoned Bonk treasury funds worth $21.2 million BONK through a governance proposal has just transferred another 400 billion BONK to Coinbase, worth $1.19 million. Since that transfer was made earlier this morning to now, BONK has continued to fall by 7%.

BONK-9.88%

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8h ago

Iran’s Deputy Foreign Minister: Iran has stopped implementing the Iran-U.S. memorandum of understanding

Odaily Planet Daily News reports that, according to Iranian media on the 18th, Iran’s Deputy Foreign Minister Garibabadi said that after the United States violated its commitments, Iran has stopped implementing the Iran-U.S. memorandum of understanding. (Xinhua)

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8h ago

Real estate billionaire Grant Cardone will attend the New York Bitcoin Treasuries Conference

Odaily Planet Daily reports that BitcoinTreasuries.NET said in a post on X that real-estate billionaire Grant Cardone will speak at the Bitcoin Treasuries Conference taking place in New York City. He is using an entirely new asset class to add BTC to his balance sheet in units of one thousand BTC.

BTC0.81%

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