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According to Bitcoin.com, U.S. Senator Cynthia Lummis stated that the CLARITY Act will change the way customer crypto assets are handled when digital asset platforms enter bankruptcy proceedings; customer assets should continue to belong to the customers, rather than being included in the company's bankruptcy estate.The bill requires regulated digital asset intermediaries to treat customer cash and digital assets as customer property and to segregate them from company property. The bill also generally prohibits brokers, dealers, and exchanges from using customer assets for their own or others' benefit without authorization.The bankruptcies of Celsius and Voyager sparked disputes over the ownership of customer deposits. In January 2023, U.S. Bankruptcy Judge Martin Glenn ruled that the cryptocurrency deposited in Celsius Earn accounts became company property under the terms of use, involving approximately 600,000 Earn accounts and about $4.2 billion in assets.Lummis stated that the CLARITY Act also aims to provide regulatory certainty for developers, enhance investor protection, and improve market integrity. The bill will clarify the responsibilities of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) in different areas of the crypto market, and it has already passed the House of Representatives but has not yet passed the Senate.

According to an official announcement from Zilliqa, the project team has learned that a security incident occurred with one of its exchange partners, resulting in the theft of some ZIL from cold wallets. The incident is currently under joint investigation by various parties, and the specific scale and cause of the theft have not yet been disclosed.As a precautionary measure, Zilliqa has notified all exchanges to temporarily suspend ZIL deposits and withdrawals to prevent the stolen funds from being transferred or sold through centralized platforms. The team stated that further updates will be released once they have accurate information and reminded users to only pay attention to official channels.

According to data from DefiLlama, Gate has seen a net inflow of over 64.55 million USD in the past 7 days, ranking first among global centralized exchanges.

According to the ranking data from RootData on stock derivatives exchanges, as of the time of writing, MEXC has the largest spread among the top ten exchanges, reaching 1.35%.The current top three rankings are Binance, Bitget, and Bybit. Among them, Binance has a score of 92 and a spread of 0.021%; Bitget has a score of 90.6 and a spread of 0.053%; Bybit has a score of 90.3 and a spread of 0.124%.

According to the announcement disclosed by Changxin Technology, the issuer and the joint lead underwriters will hold the online subscription lottery ceremony for this issuance on July 17 (T+1 day) morning, and the results of the online lottery will be announced on the Shanghai Stock Exchange website on July 20 (T+2 day). Changxin Technology reminds investors to pay special attention to the payment process of this issuance and to fulfill their payment obligations in a timely manner on July 20 (T+2 day).Offline investors should refer to the "Announcement of the Preliminary Offline Allocation Results and Online Lottery Results" on July 20 (T+2 day) and pay the new share purchase funds in full and on time according to the final determined issuance price of 8.66 yuan/share and the allocated quantity. The purchase funds should be received by 16:00 on July 20 (T+2 day).

According to South Korean media Digital Asset, the total trading volume of the top 5 digital asset exchanges in South Korea dropped to approximately 8.06 trillion won from 2 PM on July 9 to 2 PM on July 16, further declining from the previous week and reaching the lowest level in nearly 3 years and 2 months.Data shows that the weekly trading volume of the top 5 exchanges in South Korea has been declining for several weeks, dropping from 17.7 trillion won from June 5 to June 12, to 15.4 trillion won, 14.6 trillion won, 13.4 trillion won, and 9.97 trillion won, with the latest week further falling to 8.06 trillion won, the lowest since 8.44 trillion won recorded from May 11 to May 18, 2023.In terms of exchange market share, the rankings have not changed, with Upbit continuing to hold the top position at 63.57%, but down 0.63 percentage points from the previous week; Bithumb rose to 29.18%, Coinone rose to 6.41%, while Korbit and Gopax accounted for 0.76% and 0.07%, respectively.

The issuer of USDH, Native Markets, announced that the USDH official website exchange portal has been discontinued. After the portal is disabled, the USDH exchange service will be migrated to the official Bridge channels. In the coming months, Bridge will continue to provide 1:1 redemption and exchange services for USDH, but users will need to complete a separate account registration and access process on the Bridge platform.

According to the official announcement, Binance has announced that it will gradually launch Aerodrome (AERO) to SimpleEarn flexible products, the "Buy Crypto" page, Binance Instant Exchange, Binance Leverage (cross margin and isolated margin), and VIP lending starting from July 17, 2026, at 16:00 (UTC). Users can instantly purchase AERO through VISA, MasterCard, and other methods, and use AERO in the instant exchange, leverage, and lending features. Related services will be available within one hour after the AERO spot launch.

According to Bloomberg, optical module company Zhongji Innolight Co. has received approval from the China Securities Regulatory Commission and the Hong Kong Stock Exchange to plan for a listing in Hong Kong, which is expected to become one of the largest IPOs in the Hong Kong market in recent years.It is reported that Zhongji Innolight received approval for its Hong Kong listing plan from Chinese securities regulators on July 17, having previously obtained listing permission from the Hong Kong Stock Exchange.If the listing is successfully completed, the company is expected to raise up to $8 billion, making it one of the most watched new stock projects in the Hong Kong capital market in recent years. Zhongji Innolight is primarily engaged in the research and manufacturing of high-speed optical communication modules, benefiting from the global wave of AI data center construction, with rapidly growing demand for 800G and 1.6T high-speed optical modules.The market believes that this listing in Hong Kong will further enhance the company's international capital influence and provide financial support for expanding its global AI infrastructure supply chain layout.

According to on-chain analyst Yu Jin's monitoring, a suspected a16z address retrieved 471,500 HYPE (worth $305,700) from Hyperliquid within the last day, and then transferred it to exchanges such as OKX, Bybit, and Gate.

The global stablecoin payment infrastructure platform WasabiCard, in collaboration with WIDTH, held the CCO Leadership Edition compliance high-end exchange event in Hong Kong. WasabiCard CMO Jack Derong gathered with executives and experts from the fields of digital assets, payments, fintech, and regulatory compliance in Hong Kong to engage in in-depth discussions on topics such as the evolution of global regulations, the development of stablecoin payments, and corporate compliance practices.As Hong Kong's Web3 ecosystem continues to develop and the digital asset regulatory framework becomes increasingly refined, stablecoin payments are ushering in new development opportunities. With the continuous improvement of compliance requirements surrounding the HKMA stablecoin licensing system, Travel Rule, AML, KYT, and others, companies are increasingly focused on how to build payment infrastructure that combines global payment capabilities, risk management capabilities, and compliance capabilities to achieve the scalable implementation of stablecoin payments.WasabiCard believes that the future competition in stablecoin payments will hinge on whether companies possess the infrastructure capabilities to cover global compliance, risk management, and cross-border payment networks, rather than just payment efficiency.In the future, WasabiCard will continue to enhance global payment infrastructure based on the highest standards of compliance systems and risk management capabilities, helping clients confidently respond to the evolving global regulatory requirements and expand their international business more securely.

According to the latest stock derivatives exchange ranking data from RootData, as of the time of publication, Binance, MEXC, and Bitget are in the top three. This list is based on comprehensive scoring of exchanges supporting stock derivatives trading, considering dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability. Among them:Binance scored 91.6, supports 130 contracts, with an open interest of approximately $2.326 billion (-51.55%), and a 24h trading volume of approximately $16.392 billion (-22.63%), with a funding rate of +0.0003%.MEXC scored 91.3, supports 43 contracts, with an open interest of approximately $109 million (-0.55%), and a 24h trading volume of approximately $304 million (+18.93%), with a funding rate of +0.001%.Bitget scored 90.6, supports 233 contracts, with an open interest of approximately $733 million (-35.27%), and a 24h trading volume of approximately $1.711 billion (-34.64%), with a funding rate of +0.001%.Compared to yesterday, MEXC's ranking has jumped to second place, Binance's open interest has decreased by 51.55%, and Bitget's open interest has decreased by 35.27%.

The perpetual contract trading platform Ostium on Arbitrum is suspected to have been attacked, resulting in a loss of approximately 12 to 18 million USDC, accounting for about 35% of its over 34 million dollar treasury size.The attacker allegedly compromised the oracle signer’s private key, utilized the registered PriceUpkeep relayer to submit favorable prices for future times, and looped opening and closing positions to deplete the treasury funds. Currently, Ostium officials have not responded.

According to Japanese media reports, the Japanese Senate officially voted today to pass the revised "Financial Instruments and Exchange Act." This amendment marks the formal inclusion of crypto assets (virtual currencies) into the regulatory scope of financial products, no longer limited to the constraints of the "Funds Settlement Act" as a means of payment.In terms of regulation and investor protection, the new rules introduce an insider trading regulatory mechanism for the crypto market, while also accepting oversight from monitoring committees such as those for securities trading. Additionally, the law significantly increases the penalties for unlicensed operators, with the maximum sentence raised from 3 years to 10 years in prison, and the maximum fine increased to 10 million yen. This revised legislation is expected to be officially implemented by July 2027.In terms of taxation and investment channels, the new rules clarify several significant policy changes. Starting from January 2028, the tax rate on profits from crypto asset trading in Japan will be reduced from the current maximum of 55% comprehensive taxation to a unified tax rate of 20%, the same as for stocks (separate declaration taxation). Furthermore, the Japanese market is also expected to officially lift the ban on crypto asset ETFs during the same period, with various securities institutions already beginning preparations for related entry matters.

According to CoinPost, the Japanese Senate plenary session today passed and established the "Amendment to the Financial Instruments and Exchange Act and the Fund Settlement Act," redefining crypto assets from a means of payment to financial products. Key revisions include: the renaming of crypto asset exchange operators to crypto asset trading operators, increasing the maximum prison term for unregistered sales from under 3 years to under 10 years, and raising fines from under 3 million yen to under 10 million yen; the introduction of regulations against insider trading in crypto assets for the first time, prohibiting trading based on undisclosed important information; and requiring specific crypto asset issuers to disclose information regularly every year.In terms of taxation, it shifts from a maximum comprehensive tax rate of 55% to a separate declaration tax (approximately 20%), allowing losses to be carried forward for 3 years, expected to be implemented from January 1, 2028. The bill also provides a framework for the establishment of crypto asset ETFs, with the Japan Exchange Group expected to promote ETF listings around 2027. After the bill's passage, the next focus will shift to the formulation of specific rules such as government orders and supervisory guidelines, including reserve levels and derivative leverage limits. Compliance costs may pose pressure on small and medium-sized exchanges, but the entry opportunities for asset management companies and banking insurance institutions will expand.

According to the latest stock derivatives exchange ranking data from RootData, Binance, Bitget, and Bybit are in the top three. This list is based on a comprehensive scoring of exchanges supporting stock derivatives, considering dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability, among others:Binance scored 91.7, supporting 130 contracts, with a position size of approximately $4.733 billion, a 24h trading volume of approximately $20.863 billion, and a funding rate of +0.0002%.Bitget scored 90.7, supporting 233 contracts, with a position size of approximately $1.128 billion, a 24h trading volume of approximately $2.507 billion, and a funding rate of 0%.Bybit scored 90.2, supporting 98 contracts, with a position size of approximately $80.4994 million, a 24h trading volume of approximately $767 million, and a funding rate of +0.0001%.In the past week, OKX's ranking has dropped two positions, from second to fourth; Bitget has risen from third to second and maintained that position; Bybit has risen from fourth to third.

According to South Korean media Digital Asset, South Korea's largest cryptocurrency exchange Upbit has officially joined the Digital Chamber of Commerce in the United States. The Digital Chamber of Commerce was established in 2014 and is the largest lobbying organization in the global digital asset industry, dedicated to promoting a clear regulatory environment and the development of industry policies.The Digital Chamber of Commerce stated that Upbit is the largest digital asset exchange in South Korea, with operations covering multiple Asian markets including Singapore, Indonesia, and Thailand, and looks forward to deepening cooperation between both parties in the global membership community.

According to the latest ranking of stock derivatives exchanges released by RootData, Binance, Bitget, and OKX are in the top three. This list is based on comprehensive scoring of exchanges supporting stock derivatives trading, considering dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability, among others:Binance scored 91.4, supports 130 contracts, with a position size of approximately $2.49 billion, a 24h trading volume of approximately $19.908 billion, and a funding rate of +0.004%.Bitget scored 90.4, supports 232 contracts, with a position size of approximately $826 million, a 24h trading volume of approximately $2.363 billion, and a funding rate of +0.0022%. OKX scored 90.3, supports 124 contracts, with a position size of approximately $480 million, a 24h trading volume of approximately $3.516 billion, and a funding rate of +0.001%.Compared to last week's ranking, Bitget and OKX have swapped places, with Bitget rising to second place and OKX dropping to third place.