DeepNewz

Blockchains
Polygon Sets July 10 Heimdall v2 Hard Fork to Slash Finality Time
Polygon plans to activate its Heimdall v2 hard fork on 10 July, aiming to cut transaction finality on the proof-of-stake network to about five seconds and eliminate legacy code dating from 2018-19

Markets
SharpLink Stock Jumps as Ether Holdings Climb Above $500 Million
SharpLink, whose shares trade under the ticker SBET, disclosed that it now holds about 205,634 ether, purchased at an average price of roughly $2,604

Blockchains
Sequans Secures $384 Million for Corporate Bitcoin Treasury
Paris-based 5G and internet-of-things chipmaker Sequans Communications has completed a private placement of debt and equity that raised about $384 million

DeFi
Phantom Wallet Adds Hyperliquid Perps as Exchange Volume Hits $1.6 Trillion
Crypto wallet provider Phantom has introduced "Phantom Perps," a direct perpetual-futures trading feature powered by Hyperliquid

CeFi
Tether Reveals $8B Gold Stockpile in Swiss Vault
Stable-coin issuer Tether Holdings Ltd. said it has amassed almost 80 metric tons of gold—worth about $8 billion—in a vault it built and operates in Switzerland.

Regulation & Politics
Pakistan Sets Up Independent Regulator to Police Crypto Market
Pakistan’s federal cabinet has approved the creation of the Pakistan Virtual Assets Regulatory Authority, an independent body that will license, monitor and supervise virtual-asset service providers while aligning the country’s rules with Financial Action Task Force standards

Regulation & Politics
Dubai Regulator Approves First Tokenized Money Market Fund
The Dubai Financial Services Authority has granted regulatory approval for the QCD Money Market Fund, the first tokenised money-market vehicle authorised in the Dubai International Financial Centre

Blockchains
Michael Saylor’s Strategy Unveils $4.2 Billion STRD Stock Offering
Business-intelligence firm Strategy said it has launched a $4.2 billion at-the-market offering for its 10% perpetual STRD preferred stock.

Blockchains
Vitalik Buterin Proposes 16.77-Million Gas Cap to Shield Ethereum From DoS
Ethereum co-founder Vitalik Buterin and Ethereum Foundation researcher Toni Wahrstätter have filed Ethereum Improvement Proposal 7983, calling for a hard cap of 16.77 million gas on every transaction executed on the network.

Regulation & Politics
Russia Sets Up National Registry to Track Crypto-Mining Equipment
Russia has introduced a nationwide registry of cryptocurrency-mining equipment, marking its most comprehensive effort yet to monitor the industry’s energy consumption and curb unlicensed operations





