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Ethereum Improvement Proposal EIP-8222 aims to separate staking deposits from withdrawals through a STARK-based cryptographic mechanism and to re-anonymize validators to reduce the traceability of validator activities. Currently, about one-third of ETH is staked.Thibault Dubuis, Head of Staking and Decentralized Finance Products at Sygnum Bank, stated that the current deposit addresses, validators, and withdrawal credentials create visible links, making institutional holdings, entry times, and staking strategies nearly public. This proposal is still in the discussion phase and has not yet scheduled a deployment time. Its design may involve arrangements such as fixed deposit denominations and asset withdrawal waiting periods, and institutional users may need to bear higher execution costs, process delays, and compliance work.

WEEX Exchange announces that the interactive card game event, Joker Card Phase 4, is officially launched. After signing up, users can collect cards through tasks such as recharging, trading, and inviting friends. Collecting 5 cards allows users to play and earn points, and based on trading volume, they can enter the corresponding level prize pool to share USDT rewards according to their points ratio. Event duration: 7/21 12:00 -- 8/10 23:59:59 (UTC+8).Compared to the previous three phases, Joker Card Phase 4 introduces a growth-type level prize pool mechanism. The more transactions made, the higher the prize pool level that can be upgraded, and the rewards are more generous. During the event, multiple surprises such as random lucky buffs, point bonuses, and daily lucky cards will also be triggered, giving users the chance to obtain extra cards and special Joker cards, sharing a million USDT reward in a fun gameplay intertwined with strategy and luck.

According to Jinshi reports, the prediction market platform Kalshi has applied to the U.S. Commodity Futures Trading Commission (CFTC) to launch perpetual futures linked to gold.

According to The Block, Solana blockchain infrastructure developer Jito Labs announced the launch of JTX, a self-custodial on-chain trading platform aimed at professional traders, designed to provide specialized trading tools that offer a trading experience closer to traditional finance for the Solana ecosystem.In its initial launch, JTX supports spot trading, covering Solana ecosystem assets, including cbBTC, SOL, HYPE, and various Meme coins, while also supporting tokenized real-world assets (RWA), including stocks and exchange-traded funds (ETFs).Jito stated that JTX is committed to resolving the contradiction between self-custodial models and trading execution efficiency, providing users with professional-grade trading features, including limit orders, automated execution, and conditional orders. Users always retain control of their private keys, and trade settlements are completed directly on-chain without relying on centralized custodial institutions.

According to the ranking data from RootData on stock derivatives exchanges, as of the time of writing, several exchanges have seen a significant increase in the 24-hour trading volume of stock perpetual contracts. The top three increases are OKX, Gate, and Ourbit. OKX increased by 143.47% to $3.242 billion, Gate increased by 130.70% to $735 million, and Ourbit increased by 122.71% to $1.638 billion.Among them, OKX's position size and trading activity have both risen sharply, with positions increasing by 10% to $489 million.

Coinbase International Exchange has launched S&P 500 index perpetual contracts, supporting 24/7 uninterrupted trading. Currently available to select non-U.S. qualified users, the service is provided by Coinbase Bermuda Ltd, which holds a Class F license from the Bermuda Monetary Authority.

Bit-Play, a one-stop decentralized aggregation ecological platform, has officially launched comprehensively. Relying on the trend of Web3 technological innovation, the platform is built on the core principles of transparency, autonomy, security, and inclusiveness, creating a new generation of decentralized comprehensive ecological system. It covers four core areas: on-chain interaction, lightweight creation, decentralized social networking, and ecological co-construction incubation, redefining the service standards of the blockchain ecosystem in the new era.Bit-Play, based on the core technological advantages of decentralization, has established a brand new on-chain interaction system, fundamentally breaking the barriers of traditional platforms. It realizes a new model of data openness and transparency, user autonomy in rights confirmation, and fair co-construction of the ecosystem, promoting the true implementation of Web3 technology for civilian use and community service.

According to The Block, the London Stock Exchange is planning to launch an overnight trading platform independent of the main market to extend trading hours and meet investors' demand for longer market access. The platform is expected to go live in the first half of 2027, while the regular trading hours of the main market will remain unchanged from 8:00 AM to 4:30 PM. The new platform is proposed to operate from 5:00 PM to 7:50 AM the next morning, with a 30-minute pause from 6:30 PM to 7:00 PM for end-of-day processing.The report states that the platform will initially focus on trading exchange-traded products (ETPs), including funds that track the UK and US stock markets. Julia Hoggett, CEO of the London Stock Exchange, stated that this move is primarily aimed at meeting the needs of retail investors, especially international investors; the London Stock Exchange hopes to extend trading coverage to over 2,600 ETPs listed in the future.

The Binance futures platform will launch the SHAZUSDT perpetual contract on July 21 at 17:00, the SOFIUSDT perpetual contract at 17:05, the PANWUSDT perpetual contract at 17:10, and the PENGUSDT perpetual contract at 17:15.Users can pay attention to subsequent announcements for more information.

SanDisk (SNDK) and Micron Technology (MU) stock prices have rebounded, and the market attention on related assets continues to rise. According to Gate market data, SanDisk (SNDK) is currently priced at $1,390.52, with a 24-hour increase of 2.52%; Micron Technology (MU) is currently priced at $866.18, with a 24-hour increase of 2.00%. Along with the fluctuations in the sector, trading of related derivatives for the two major assets remains active. According to Coinglass data, the 24-hour trading volume for Gate SNDK contracts reached $163 million, with an open interest of $32.33 million; the 24-hour trading volume for Gate MU contracts reached $37.59 million, with an open interest of $18.08 million, making the trading activity among the highest in the network.

Binance will delist the following spot trading pairs on July 24 at 11:00: ACX/USDC, ALGO/BTC, CVC/USDC, LPT/USDC, ONG/BTC, RVN/USDC, and XRP/BNB. Users can still trade the related tokens on other trading pairs. Please remember to turn off related trading bots to avoid potential losses.

Bitget announced the launch of the MINIMAX Quanto perpetual contract MINIMAXHKDUSDT, supporting up to 20 times leverage and 24/7 trading. As the industry's first TradFi Quanto perpetual contract, this product allows users to trade Hong Kong stocks and other overseas stocks priced in currencies other than the US dollar directly using USDT, without the need to exchange foreign currency throughout the process. The contract itself is quoted in Hong Kong dollars, while margin deposits and profit and loss settlements are completed in USDT, effectively avoiding the additional risks brought by exchange rate fluctuations while simplifying the trading process.According to the TokenInsight Q2 2026 report, TradFi perpetual contracts have become the fastest-growing sector, with monthly trading volume surging from approximately $52 billion in January to $268 billion in June, an increase of 5 times. Against this backdrop, Bitget's Q2 TradFi contract trading volume was approximately $69 billion, ranking second in the industry with an 11.01% market share.

According to the latest "2026 Q2 Cryptocurrency Market Report" released by CoinGecko, in the context of ongoing adjustments in the overall cryptocurrency market in the second quarter of 2026, Gate's spot trading business performed exceptionally well, consistently ranking among the top three global spot trading platforms, and achieving the fastest trading volume growth among the Top 10 exchanges from May to June. In terms of derivatives, Gate's perpetual contract trading volume remains in the global top five, with a market share consistently maintained at 8%--11%; the market share of open interest remains at 11%--12%, consistently ranking in the global top four, demonstrating the platform's leading advantages in trading depth, liquidity, and user activity.The report shows that in the second quarter of 2026, the total market capitalization of the cryptocurrency market decreased by 12.6% to $2.1 trillion, marking the third consecutive quarter of adjustment; the overall trading activity of centralized exchanges (CEX) has declined. At the same time, the prediction market has become one of the most vibrant sectors this quarter, with a quarterly nominal trading volume increasing by 48.7% to $113.8 billion, driven significantly by major sporting events such as the World Cup. As the world's first centralized trading platform to connect with Polymarket, Gate continues to enhance the user experience of prediction market products, providing users with a more convenient and efficient way to participate in prediction markets.As emerging sectors such as prediction markets, RWA, and tokenized assets continue to unleash growth potential, the industry structure is moving towards diversified ecological competition. Leveraging its continuously improving product ecosystem, global liquidity advantages, and increasingly rich trading scenarios, Gate continues to enhance the competitiveness of its spot, derivatives, and innovative products, providing global users with more diverse and efficient digital asset trading services.

According to ChaoXiang Research, Morgan Stanley's stock strategy report on July 20 pointed out that AI-related stocks have faced fierce selling in recent weeks, with the South Korean stock market dropping 25% from its peak, and the Philadelphia Semiconductor Index falling 20%. Individual stocks like Samsung and Micron have seen declines between 20% and 50%. The report believes that the core driving force behind this round of decline is technical factors and position clearing, with no deterioration in fundamentals. The gap between relative prices and relative earnings trends in semiconductors continues to widen, but the supply-demand tight balance for DRAM and NAND is expected to last until 2028. DRAM spot prices remain high, and Micron has also raised its performance guidance, indicating that supply-demand tightness will last at least until 2027. The RSI of the Philadelphia Semiconductor Index is nearing the oversold zone, and the accumulated momentum gains for the year have basically been retraced.Morgan Stanley believes that once the oversold signal is confirmed, a rebound window will open, and it suggests that investors gradually position themselves in semiconductors during the summer. The proportion of second-quarter earnings reports exceeding expectations reached 97%, and companies in the S&P 500 that reported better-than-expected earnings outperformed the market by an average of 1.7 percentage points on the day of the report. In terms of allocation, Morgan Stanley has raised its equity allocation from 60% to 65%, increased its Eurozone allocation from 8.7% to 11%, and is overweight in sectors such as semiconductors, mining, capital goods, automotive, insurance, and banking, while underweighting software, business services, and media in the "AI erosion group." Regarding geopolitical conflicts, the report believes that the "buying on dips" strategy since the end of March remains effective.

The 2026 World Cup has concluded, and Gate Prediction Market's World Cup section has simultaneously completed its event cycle services. As a one-stop prediction experience portal built around the World Cup, during this event, Gate Prediction Market recorded a total participation of 501,190 users, with a total trading volume exceeding 528 million USD and a total of 2,630,280 transactions, continuously demonstrating user engagement in the sports event prediction scenario. According to data from Polymarket Builders, Gate Prediction Market's trading performance continues to lead, with a single-day trading volume on July 19 ranking first in the Polymarket channel, and the cumulative trading volume for the past week and this month also ranking first in the Polymarket channel.Gate continues to expand its sports prediction scenarios, launching the "E-sports Peak Trading Season" event from July 20, 16:00 to August 10, 16:00 (UTC+8), with a total prize pool of 200,000 USDT. During the event, users can sign up and participate in designated event prediction trading in the Gate Polymarket e-sports section to enjoy newcomer benefits, weekly trading tasks, and prediction trading leaderboards, sharing in generous rewards.As the first centralized trading platform to integrate with Polymarket, Gate has become an important entry point for users to participate in the prediction market. Users can directly access the prediction market through the Gate App, entering the Polymarket page from the homepage Alpha section, and conveniently participate in various event predictions using USDT in their accounts. Users can also utilize the "Smart Money" feature to track high-win-rate traders' positions and market judgments, gaining more reference for event predictions. Gate is continuously expanding the application scenarios of the prediction market, providing users with a diversified experience from event judgment to trading participation.

The on-chain perpetual contract platform Ostium announced an update on X, stating that it is moving forward with restarting trading within this week and will issue a notification 24 hours before trading resumes. Auditors, third-party cybersecurity experts, and the engineering team are conducting final checks. Ostium explained the handling of positions after trading resumes: all positions will be re-marked at the real-time market price at the time trading resumes; traders will not be liquidated due to price fluctuations during the suspension period; however, if positions are below the liquidation threshold when trading resumes, they will still be liquidated; open orders will be retained as they are.For the affected liquidity providers, Ostium Labs stated that it is formulating a recovery plan, intending to fund from its own balance sheet and collaborate with both new and old partners to participate.

On July 20, the King County Superior Court in Washington State approved the preliminary injunction motion against KalshiEX, LLC (Kalshi), ruling that Kalshi's activities constitute illegal actions in violation of Washington State's gambling laws, and determined that the federal Commodity Exchange Act does not take precedence over state gambling laws.This ruling is an important precedent in the jurisdictional dispute between state regulatory agencies and federal regulatory prediction market platforms, following accusations from the CFTC chairman of illegal enforcement actions by states against federally regulated exchanges. The court made the ruling after reviewing multiple materials, including the oral arguments from July 10. The case number is 26-2-10264-3 SEA.

According to Bloomberg, as prediction markets like Polymarket and Kalshi expand, the issue of betting using non-public information or informational advantages is receiving more scrutiny. Bloomberg Businessweek analyzed approximately 34,000 potential insider trading cases flagged by Polysights between August 2025 and June 2026; these related trades exhibited characteristics such as newly created accounts, low probability entries, large bets, or high trading concentration, but it cannot be determined that traders violated rules based on this.Data shows that from January 1 to June 30 of this year, the amount of suspicious trades flagged on Polymarket was approximately $200 million, with geopolitical and war-related markets driving a significant increase in abnormal trading volume. The profits from potential insider trading are highly concentrated, with the top 1% of accounts in profit wallets earning more than half of the gains, and 57% of related wallets created less than 24 hours before the trades. Some traders are reducing the likelihood of being discovered by using multiple associated wallets and splitting orders. For example, 38 associated addresses placed bets in 90 geopolitical markets related to Iran and Venezuela, achieving a win rate of 98%, with total profits of $1.6 million, and withdrew funds using the same Coinbase deposit address.Polymarket stated that it will monitor insider trading and other illegal activities, and has so far referred nearly 100 wallets to law enforcement agencies. Kalshi has also strengthened identity and employment information checks, and restricted participation in related markets by political candidates, athletes, and others who may influence outcomes.

On July 20, WEEX Exchange announced that it has launched zero-fee trading for Lorenzo Protocol (BANK) and is offering a 50,000 USDT airdrop reward. Event duration: 7/20 17:00 - 7/27 17:00 (UTC+8)

Base announced that Cobalt will be launched in September, with key features including Sponsorship, Batch Calls, and Session Keys.Among them, Sponsorship allows applications to sponsor transaction fees for users, achieving free Gas; Batch Calls support bundling multiple transactions into one, reducing operational steps; Session Keys allow users to authorize applications to sign transactions on their behalf within a specific scope, reducing repeated authorizations.