viva

According to CoinDesk, Latin American telecom operator VIVA has become the first operator to launch the Iris network. Iris is a telecom settlement network based on Avalanche, founded by former IBM blockchain partner Jules Miller, which helps operators integrate identity, billing, and distribution systems into financial services without replacing existing telecom systems. VIVA has been operating in Bolivia for over 25 years and has recently expanded into the Mexican market.VIVA conducts transaction settlements using the US dollar stablecoin USDi issued by stablecoin infrastructure company Agora, and can hold eligible operational reserves in US dollars instead of local currency. Iris operates on a dedicated Avalanche Layer 1 to control settlement, operations, and compliance requirements. At the launch of Iris, it secured a commitment of $43 million from Balesia Group, a family office that has telecom operations in the Americas.Ava Labs Chief Business Officer John Nahas stated that the initial expansion of Iris will focus on Latin America and parts of Africa and Asia. He mentioned that the super app product used by VIVA has helped reduce the churn rate of prepaid mobile users by 33% and increase customer lifetime value by 35%. Iris is currently in discussions with more telecom operators worldwide to onboard additional operators and services.

Morphic Financial Group founder and CEO Mateusz Kara wrote in CoinDesk that the MiCA transition period ended on July 1, and the Polish Ministry of Finance confirmed that existing virtual currency registrations no longer constitute a legal basis for VASP or CASP operations. Crypto services can only be provided by entities holding valid MiCA authorization. Poland previously had about 2,000 registered virtual asset service providers, but a domestic political deadlock prevented the establishment of a viable authorization pathway. Germany issued 57 licenses, France and the Netherlands each issued 26, while Greece, Hungary, Poland, and Romania collectively issued zero.Kara stated that Polish investors hold about 9.4 billion euros in digital assets, and the relocation of businesses will lead to the loss of compliance teams, capital, and investments, with rebuilding the ecosystem potentially taking years. The compliance costs for MiCA can reach up to 700,000 euros, and serious violations could face fines of several million euros, narrowing the space for small participants. However, he believes that MiCA will be beneficial for the European crypto industry in the long term, as accelerated consolidation will eliminate weak operators and create a safer market. The UK's FCA is also launching a similar system, but Poland may become a sales market for others rather than an active participant in European digital finance construction.

Vitalik Buterin and Etherealize co-founder and CEO Vivek Raman, supported by the Ethereum Foundation, warned that Wall Street's renewed enthusiasm for private, permissioned "consortium chains" is recreating a fragmented system, undermining the interoperability and liquidity that blockchain should bring, akin to "race to the bottom." He pointed out the rise of gated networks such as Digital Asset's Canton Network, Circle's ARC, and Stripe's Tempo, reminiscent of the R3 and Hyperledger consortium chains 2.0 from years past, where institutions will ultimately find themselves in a situation of competing consortium chains, needing permission or membership to participate.Raman emphasized that the Ethereum mainnet should serve as a globally open, permissionless foundation layer similar to HTTP, where institutions can overlay permission and privacy features at the application layer or L2 to achieve maximum interoperability and liquidity. Etherealize is committed to attracting TradFi to embrace Ethereum, which has already hosted billions of dollars in tokenized assets and supported a large amount of DeFi settlements. The company received seed funding from Buterin and the foundation in January 2025 and completed a $40 million Series A financing in the same year.He cited examples such as BlackRock's new fund based on Ethereum, stating that once regulations are clear, institutional funds are more inclined towards open network tracks that are not proprietary; choosing consortium chains would require paying the consortium and being bound by its rules, with incentives for non-early members quickly fading. Christian Catalini, founder of the MIT Cryptoeconomics Lab, also pointed out that if permissioned networks driven by enterprise sales become mainstream, some competitive benefits of blockchain may not be realized.

According to Bloomberg, the current venture capital market is experiencing significant structural differentiation. As funds concentrate on top artificial intelligence startups, many small and medium-sized venture capital funds are facing severe challenges such as fundraising difficulties, declining performance, and narrowing exit channels.The report points out that the excessive hype around artificial intelligence has distorted the venture capital market. Data shows that just five companies—OpenAI, Anthropic, xAI, Waymo, and Nscale—accounted for 78% of all venture capital transaction volume in the first quarter of this year. A large amount of capital has flowed to a few top investors who made early bets on AI, such as Founders Fund and Andreessen Horowitz, while small emerging fund managers find it difficult to compete with these leading institutions.This differentiation is directly reflected in fundraising data. Last year, newly established management companies (managing three or fewer funds) raised only about $62 billion, a significant drop of about 60% compared to the pandemic peak of $163.4 billion in 2022. Even experienced management teams raised only $84 billion last year, which is just one-third of the amount in 2022. Many LPs are facing liquidity pressures and are more inclined to demand returns on existing investments rather than commit new funds.

According to Cointelegraph, London asset management company Aviva Investors has launched its dollar liquidity fund tokenized shares on the XRP Ledger after receiving approval from the Central Bank of Ireland. Qualified investors can participate through digital wallets, with the underlying assets of the fund still held by the custodian, BNY Mellon, while Komainu provides digital asset custody and Licuido offers tokenization infrastructure.The fund invests in high-rated short-term dollar-denominated debt securities and money market instruments, with tokenized shares having the same investment objectives and liquidity characteristics as traditional funds.

A report jointly released by the Bitcoin collateral lending platform CoinRabbit and the computing power platform GoMining points out that managing Bitcoin is more important than mining it. As the block reward drops to 3.125 BTC and the overall network difficulty approaches historical highs, low electricity prices and high uptime only constitute a survival baseline. What truly differentiates mining companies is the method of handling Bitcoin after it is mined.The report suggests that mining companies are shifting from direct sales to collateralized lending to cover recurring expenses such as electricity, custody, and labor. This approach retains exposure to holding Bitcoin while generating cash flow, avoids taxable sales, and preserves the deduction space for operating expenses. The trade-off is that mining companies simultaneously bear the dual risks of price and liquidation when Bitcoin prices decline.Jeremy Dreier, Chief Business Development Officer of GoMining, stated that the miners who can succeed after the halving are those who operate efficiently and have set aside cash in advance for this purpose. The current decline in Bitcoin prices has actually lowered the cost of increasing computing power, creating a window of opportunity for investing in expanding mining machines.

According to the latest report released by market research firm Counterpoint Research, Chinese memory chip giant Changxin Technology (CXMT) currently holds a 9% share of the global DRAM market (by bit shipments), and this figure is expected to rise to 11% by 2028 (with a revenue share of 9%). The report indicates that Changxin Technology is transitioning from an industry "challenger" to a "strategic player," with a long-term goal of achieving a bit shipment share of 20% and a revenue share of 15% by 2035.However, the report emphasizes that to truly establish a foothold in the global memory market and join the ranks of the "big three DRAM manufacturers," Changxin Technology must cross the global market share threshold of 15% to 17% (about one-sixth). Historical experience shows that in 2008, Taiwanese DRAM manufacturers could not secure the massive funding needed for the research and development of the next generation of fabs after their market share fell below 15%, ultimately causing their market share to plummet to the edge of 3%. Therefore, the 15% share is seen as the core survival line for Changxin Technology to ensure sustainable development and self-sustaining capabilities in the medium to long term.To cross this threshold, Changxin Technology is leveraging newly raised funds to accelerate capacity expansion, planning to double its capacity by 2030 and triple it by 2035. Although facing external challenges such as U.S. equipment export controls and global supply chain access, analysts believe these restrictions may instead act as catalysts, forcing Changxin Technology to accelerate independent innovation in cutting-edge technologies such as Vertical Channel Transistors (VCT) and Wafer-on-Wafer bonding, thereby narrowing the gap with industry leaders.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: BetBoom Team vs LGD Gaming - Esports World Cup Survival Match," the "BetBoom Team" option in the sub-market "First Kill of the Second Game" has experienced a dramatic fluctuation in win rate, soaring from 50.5% an hour ago to the current 90% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: 1win vs Vici Gaming - Esports World Cup Survival Match," the win rate of the "1win" option in the sub-market "First Kill of the Second Game" has experienced significant fluctuations, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Dota 2: Aurora vs Rune Eaters - Esports World Cup Survival Match," the "over" option in the sub-market "total kills over/under 50.5 in the second match" experienced a dramatic fluctuation in winning probability, soaring from 52.5% an hour ago to the current 90% (a fluctuation of 37.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Spirit vs Team Liquid - Esports World Cup Survival Match," the option "Team Spirit" in the sub-market "Game 2 Winner" has experienced significant fluctuations in winning probability, soaring from 64.5% an hour ago to the current 80.5% (a fluctuation of 16%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Vici Gaming vs PlayTime - Esports World Cup Survival Match," the "Yes" option for the sub-market "Any Player Rampage" has experienced a dramatic fluctuation in win rate, soaring from 27.5% an hour ago to the current 50% (a fluctuation of 22.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Vici Gaming vs PlayTime - Esports World Cup Survival Match," the option "Vici Gaming" in the sub-market "Game Handicap: VG (-1.5) vs PlayTime (+1.5)" experienced a dramatic fluctuation in win probability, dropping from 63% an hour ago to the current 28% (a fluctuation of 35%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Rune Eaters vs. Virtus.pro - Esports World Cup Survival Match", the "Virtus.pro" option in the sub-market "Game Handicap: VP (-1.5) vs. Rune Eaters (+1.5)" has experienced a dramatic fluctuation in win probability, soaring from 32.5% an hour ago to the current 54.5% (a fluctuation of 22%). Please note the impact of relevant breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Team Liquid vs. Xtreme Gaming - Esports World Cup Survival Match," the "Team Liquid" option in the sub-market "Match Winner" has experienced significant fluctuations in winning probability, dropping from 62% an hour ago to the current 37.5% (a fluctuation of 24.5%). Please note the impact of related breaking news.

According to Decrypt, although Do Kwon, the founder of Terraform Labs, has been sentenced to 15 years in prison for causing the collapse of Terra, which resulted in approximately $40 billion in losses, the abandoned original chain Terra Luna Classic (LUNC) has not disappeared. A group of community members continues to maintain the network, hoping to achieve one of the greatest revivals in the history of the cryptocurrency industry.The report states that a core community member known by the pseudonym "Vegas" lost about $50,000 during the Terra collapse and has since been involved in operating validation nodes, governance proposals, and developer coordination. He expressed that despite facing long-term internal power struggles and fraud accusations, and even being maliciously reported to the authorities, he still believes LUNC has the potential to return to the top ten in the cryptocurrency industry.After the Terra collapse in 2022, Terraform Labs launched a new chain, Terra, through a hard fork, while the original chain was retained and renamed Terra Luna Classic. Subsequently, the community organization Terra Rebels took over the maintenance work and launched a series of proposals, including a 1.2% burn tax, in hopes of revitalizing the ecosystem. However, due to disputes over fund allocation and governance, Terra Rebels eventually disbanded, and several developers left one after another.Despite this, the community continues to advance the development of projects such as lending protocols, games, and meme coins, and attempts to restore the stablecoin peg mechanism. Data shows that LUNC has risen 17.3% in the past year, but has cumulatively fallen 28.7% since 2022, with a decline of 99.99% from its historical high of $119.Some community members stated that the shared trauma after the collapse has formed a bond similar to "family," and that price is no longer the only goal. "What if we could achieve one of the greatest comebacks in cryptocurrency history? It's like a last-ditch pass." said a community member.

BNB Chain today announced the launch of the Agent Survival Toolkit, in collaboration with six major AI infrastructure partners, empowering autonomous AI Agents with on-chain payment capabilities. All transactions are settled on BSC using BNB or BEP-20 tokens.The projects involved cover two levels: LLM access and financial infrastructure, including Alt AI, Pieverse, Bankr, WorldClaw, B.AI, and AEON, fully connecting the complete loop from AI Agent computing power invocation to on-chain settlement. Each participating project will also launch an on-chain incentive program without the need for additional registration.The Agent Survival Toolkit follows the release of the BNBAgent SDK, further enhancing BNB Chain's infrastructure layout in the AI Agent field. For more information, please visit www.bnbchain.org.Disclaimer: BNB Chain has no subordinate or operational relationship with any of the projects mentioned in this article. The Agent Survival Toolkit is an ecological plan showcasing independently built projects on BNB Chain. This content is for reference only and does not constitute any financial or investment advice. Please conduct independent research and assess potential risks before interacting with any related projects.

According to Cointelegraph, Bernstein stated that the previous pullback of Bitcoin has to some extent reflected the market's concerns about the risks of quantum computing, believing that this threat is "real but manageable," and is not yet an imminent systemic risk.Although research, including that from Google, suggests that future quantum computers could potentially crack commonly used blockchain encryption algorithms quickly under extreme conditions, advancements in zero-knowledge proofs and post-quantum cryptography have formed a hedge to some extent.Bernstein believes that Bitcoin developers still have about 3 to 5 years to advance the post-quantum upgrade path and mentioned the current BIP-360 proposal, which could reduce some quantum exposure risks through a soft fork. Additionally, institutional investors (including ETF issuers and corporate holders) are expected to play an active role in promoting consensus for the upgrade.However, industry opinions point out that the main challenge of the post-quantum upgrade lies in user migration and consensus formation, rather than the technical implementation itself.