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According to monitoring by Catcher Predict, in the event "LoL: MVK Esports vs. CTBC Flying Oyster - LCP Group Stage" on the prediction market Polymarket, the "Yes" option for the sub-market "Both teams kill a dragon" has experienced a sharp fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

Korean BC Card announced that it has completed the "Overseas Digital Asset Wallet - Connection of Korean Local Bank Card Payment Infrastructure" pilot test with Coinbase and Wavebridge.The test verified that foreign tourists can directly use USDC in their wallets to make payments at Korean BC QR merchants, achieving a full process linkage from stablecoin payment to Korean won settlement.

According to official news, the Ethereum Foundation's "Trillion Dollar Security" (1TS) has announced a special grant to the Freedom of the Press Foundation (FPF) to support the ongoing development of the open-source tool WEBCAT, aimed at addressing the long-standing front-end code verification security gap in Ethereum wallets and decentralized applications (DApps).WEBCAT (Web-based Code Assurance and Transparency) is an open-source tool designed to help browsers verify whether the code loaded by a website matches the version publicly released by the developer.This funding will promote the expansion of WEBCAT to Ethereum wallets and application scenarios, enabling users to verify whether the front-end pages they access have been tampered with.The Ethereum Foundation stated that while HTTPS can verify the website a user is connected to and encrypt communication, it cannot prove that the front-end code actually running on the website is the same version released by the developer. If an attacker controls the website's front-end code, they may modify the transaction receiving address without the user's knowledge or induce the user to sign transactions that do not match the content displayed on the page.The Ethereum Foundation noted that front-end attacks have become a significant security risk for blockchain infrastructure, with malicious modifications to web interfaces potentially leading to supply chain attacks, DNS hijacking subsequent attacks, and user interface deception.WEBCAT was initially developed by the Freedom of the Press Foundation to enhance the code credibility of secure communication systems like SecureDrop.With this expansion into the Ethereum ecosystem, it will complement security measures such as "Clear Signing" in the 1TS program: the former helps wallets confirm that the application front-end has not been tampered with, while the latter helps users understand the transaction content they are approving.

According to monitoring by Catcher Predict, in the market prediction event "LoL: CTBC Flying Oyster vs. GAM Esports LCP Group Stage" on Polymarket, the "Odd" option in the sub-market "Odd/Even Total Kills" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

The decentralized asset management protocol Swan Treasury on BNBChain suffered a loss of approximately $625,000 due to a private key leak. The attacker forged a valid signature using their own address to purchase STY at a 100x discount and bought approximately 687,000 STY with about 19,700 USDT through a PancakeSwap flash loan.Subsequently, they forged claim() and transfer signatures on a brother contract, dumping STY into the STY/USDT pool and profiting approximately 625,000 USDT. Each ecrecover in the transaction was resolved to an exact hardcoded signer, confirming that the key itself had been leaked, rather than a flaw in the signature logic.

According to Jinshi reports, HSBC analyst Daragh Maher pointed out in a report that, given the market has digested some interest rate hike expectations, the dollar may weaken if the Federal Reserve announces to keep interest rates unchanged. He stated that to curb the initial decline of the dollar, at least three Federal Reserve members need to vote in favor of an interest rate hike.Maher said, "If the pace of rate hikes is faster than expected, it will force the market to consider whether this is the first rate hike in a series of rate hikes."

HSBC released the "Affluent Investor Snapshot 2026" report, which shows that a survey of nearly 10,000 high-net-worth investors worldwide indicates that the average allocation to crypto assets in 2026 is 6%, a decrease of 1 percentage point year-on-year; however, 45% of respondents still plan to increase their allocation in the next 12 months, while 40% plan to maintain it.The allocation to crypto assets for investors in Singapore and Malaysia is 5% and 6%, respectively, both unchanged from the previous year; during the same period, global cash allocation has dropped to 19%, with funds continuing to shift towards stocks, gold, and alternative investments.

According to Jinshi, HSBC economist Paul Mackel stated in a report that unless the Federal Reserve unexpectedly raises interest rates, its decision this week may not provide a new catalyst for the dollar to rise.Federal Reserve Chairman Waller acknowledged that inflation is above target and expressed a commitment to price stability. He pointed out that if this week's meeting only aligns with these views, the dollar is unlikely to rise significantly, as the market has already prepared for interest rate hikes later this year.

The Shanghai Branch of Industrial and Commercial Bank of China (ICBC) has collaborated with ICBC Singapore Branch to successfully implement the country's first cross-border payment business between China and Singapore based on the digital renminbi cross-border settlement comprehensive service platform "Digital Currency Express" (CBETS). This transaction, involving nearly ten million yuan in import shipping fees, was fully paid using digital renminbi, with funds arriving in the Singapore recipient's account on the same day, achieving "zero time difference" and "high transparency" in cross-border fund transfers. The service targets subsidiaries of central enterprise group trade platforms that regularly need to procure iron ore from abroad and pay for shipping fees, with high frequency and large amounts of cross-border settlements."Digital Currency Express" is a cross-border settlement infrastructure built by the International Operation Center of Digital Renminbi under the guidance of the People's Bank of China's Digital Currency Research Institute. Overseas participants can access services through the Hong Kong access point "One Point Access", compatible with both centralized and blockchain systems, and the message standards comply with ISO20022. On June 16, 2026, the first batch of 26 financial institutions signed direct participant service agreements. This business marks a significant breakthrough for ICBC in leveraging the infrastructure of the International Operation Center of Digital Renminbi to establish an integrated cross-border clearing system for domestic and foreign branches, achieving comprehensive coverage of two-way digital renminbi payment and receipt services with Singapore and Laos.

Hong Kong, July 23, 2026 - PhotonPay, a next-generation global financial operating system built on a stablecoin-native architecture, has been recognized in the CNBC 2026 World's Top Fintech Companies rankings, Payments category. The list, compiled jointly by CNBC and Statista, covers 500 leading fintech companies worldwide. PhotonPay supports unified fiat and stablecoin transactions with real-time settlement, serving tens of thousands of enterprises globally. Customers have reduced fund transfer costs by over 75% and improved finance team efficiency by 60% (as of December 2025).

HSBC has received approval from the Bank of England to operate in the UK's Digital Securities Sandbox (DSS), and its digital asset platform HSBC Orion will support the issuance, servicing, and settlement of digital securities. HSBC stated that HSBC Orion will operate as a digital securities custodian in the DSS and claimed to be the first company approved by the Bank of England to launch in this sandbox.The platform will support the issuance of native digital bonds, including the Digital Gilt Instrument (DIGIT) and corporate bonds planned for launch in the UK. HSBC stated that HSBC Orion has facilitated over $5 billion in digital bond issuances globally. The UK Treasury indicated that the first DIGIT transaction is expected to take place in the first quarter of 2027, and HSBC has signed a memorandum of understanding with the London Stock Exchange Group to develop connectivity capabilities to support investor participation in pilot issuances.

According to BBX data, the integration of traditional financial infrastructure and cryptocurrency settlement layers accelerated simultaneously in two distinctly different tracks yesterday, with the following core dynamics:PayPal Holdings, Inc. (NASDAQ: $PYPL) reported by CoinDesk today as the headline news, the world's largest independent payment technology company Stripe (privately held) has teamed up with private equity firm Advent International to propose an acquisition offer of approximately $53 billion to PayPal; PayPal is currently reluctant to engage actively, but the offer has sparked widespread discussion on Wall Street about the "largest payment merger in the world." Stripe acquired the stablecoin infrastructure company Bridge.xyz for $1.1 billion in 2024 (which has served cross-border stablecoin settlements for institutions such as Visa and Coinbase), while PayPal has its own stablecoin PYUSD (with a circulation size of about $700 million) and independent cryptocurrency trading capabilities, covering over 400 million active accounts. If the acquisition is completed, the combination of Stripe + PayPal will control the largest single payment network globally, while integrating Stripe's stablecoin settlement (Bridge.xyz) with PayPal's native stablecoin (PYUSD)------the combination will create the largest-scale "traditional payment + stablecoin" dual-track infrastructure to date, directly threatening Visa and Mastercard's positions in cross-border settlement scenarios and posing competitive pressure on Circle's USDC in retail payments.HSBC Holdings plc (NYSE: $HSBC) reported by CoinDesk today, the UK government plans to issue the world's first digital sovereign bond for G7 countries, with the issuance scheduled for early 2027; this bond will be issued and circulated on HSBC's blockchain bond platform Orion, operating within the Digital Securities Sandbox framework of the Bank of England (BoE) and the Financial Conduct Authority (FCA), aimed at testing the feasibility of reducing settlement time (transitioning from T+2 to T+0) and lowering back-office costs. HSBC Orion has completed multiple batches of tokenized gold, green bonds, and Hong Kong government bonds on-chain issuance from 2023 to 2025, and this UK sovereign bond is the first instance of G7 countries introducing blockchain settlement at the sovereign debt issuance level------this milestone will elevate the compliance of tokenized government bonds from "emerging market experiment" to "highest sovereign endorsement," signaling significant implications for institutional adoption of tokenized government bond products like BlackRock BUIDL and Securitize.

On July 10, HSBC announced that it has completed the issuance of its first digital native structured product in Hong Kong, which is a private placement of structured notes denominated in US dollars. The notes are issued directly on the blockchain rather than being digitized after issuance. Asia-Pacific digital market infrastructure operator Marketnode acts as the tokenization agent and digital payment agent, managing the payment process between the issuer and investors.Marketnode is supported by Euroclear, HSBC, SGX Group, and Temasek. HSBC positions this transaction as a pilot project aimed at demonstrating how tokenization can improve the issuance, settlement, and ongoing servicing of products throughout their entire lifecycle. HSBC did not disclose the issuance scale, reference assets, note duration, investor identities, or the blockchain used. This issuance continues HSBC's years of efforts in the field of tokenization, having previously issued digital native bonds through the HSBC Orion platform and launched retail gold tokens in Hong Kong.

Metagent co-founder and former CTO Li Bojie responded to the accusations from ABCDE Capital partner Du Jun, stating that of the $1.5 million stipulated in the investment agreement, only $500,000 has been received, while the remaining $1 million has not been paid, yet the cap table still calculates ABCDE's equity based on $1.5 million. Li Bojie indicated that due to the long delay in funding, he and the co-founders voluntarily reduced their salaries, which hindered the company's recruitment and research and development; he left in October 2024 due to family reasons and compliance issues with Web3 in mainland China. Before leaving, he disclosed the cap table and business progress as required, and stated that future entrepreneurial projects will avoid areas related to non-compete clauses such as Web3, AI infrastructure, and image generation.

According to Jinshi News, Comcast's stock price rose 10.3% in pre-market trading after the company announced the spin-off of NBCUniversal and Sky into independent companies.

The Chief Information Security Officer of Slow Fog, 23pds, posted on the X platform that curl recently fixed 18 security vulnerabilities, involving issues such as authentication bypass, memory safety, and host verification, among which one libcurl vulnerability has existed for about 25 years. The risks are not limited to the curl command line but also widely affect applications, SDKs, containers, firmware, gateways, and CI/CD environments that rely on libcurl. It is recommended to upgrade curl/libcurl as soon as possible and check for the use of old versions of libcurl, especially paying attention to mTLS, proxy authentication, and connection reuse scenarios.

According to Jinshi reports, BCA Research has raised its target for the S&P 500 index at the end of 2026 to 8,100 points, up from the previous target of 7,700 points.

The cross-chain protocol Axelar Network released a statement regarding the recent security incident related to Secret Network, stating that there is a misunderstanding within the community about the event. Both Axelar and the Inter-Blockchain Communication Protocol (IBC) were not attacked or compromised. The affected token smart contracts were neither developed, deployed, nor maintained by Axelar, and Axelar's firewall mechanism also prevented the impact from spreading to other chains.It is reported that the exploited contract is a forked version based on CW20-ICS20, but the developers removed two core security checks, resulting in an "infinite minting" vulnerability. By deleting the verification mechanisms originally used to prevent such issues, this fork altered the original trust model of the contract and did not undergo a new security audit.Axelar Network explained that anyone can deploy contracts for cross-chain asset wrapping through IBC, and similar contracts have also been used to wrap tokens from other chains into Secret Network. However, the Secret side fork version in this incident has vulnerabilities due to the removal of key security checks. This incident is not a unique logical flaw, nor is it an issue with the IBC protocol itself, but rather a security risk introduced by modifications to third-party contracts.

According to Jinshi reports, HSBC analysts pointed out in a report that the current exchange rate of the dollar is below the level implied by the market's expectations for U.S. interest rates. As recent market expectations have shifted from rate cuts to potential rate hikes, the dollar's response has been relatively limited. They believe this may reflect the loose financial environment in the U.S. and the market's expectations for a resolution to the Middle East conflict. If the Federal Reserve fails to support rate hike expectations in next week's meeting, the dollar "may be in trouble."