News

OKX
2026-07-14 01:26:04

OKX to suspend USDC deposits and withdrawals on Solana for wallet maintenance

OKX said it will suspend USDC deposit and withdrawal services on the Solana network starting at 14:30 UTC+8 on July 14 as it carries out wallet maintenance. The exchange said the service will resume once maintenance is complete. OKX also noted that trading for the related token will continue as usual and will not be affected by the maintenance window. Users were advised not to make USDC deposits or withdrawals during the suspension period to avoid possible fund losses. The update was carried by Techub, citing U.Today.

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OKX to suspend USDC deposits and withdrawals on Solana for wallet maintenance
Grayscale
2026-07-14 01:25:51

Grayscale maps three phases of stock tokenization and names five blockchains positioned to benefit

Grayscale’s head of research, Zach Pandl, says tokenized equities are moving through three distinct stages, with different blockchain networks likely to gain at each step. In the first stage, third-party issuers use wrapper structures in which a special purpose vehicle holds the underlying shares and tokens represent a claim on that vehicle. Grayscale says more than 70% of tokenized stocks by market value currently follow this model, with trading concentrated on Ethereum, Solana, and BNB Chain. The second stage is an entitlement model, which Grayscale says is reflected in DTCC’s planned pilot on Canton Network. Rather than creating a new version of a security, the setup would place existing eligible securities onto blockchain rails through regulated post-trade infrastructure. The third stage is issuer-led issuance, where companies issue securities natively onchain. Grayscale points to Securitize, which it says became the first listed company to tokenize its own common stock at the time of its New York Stock Exchange listing. Grayscale argues this final model has the greatest long-term potential, though it still depends on clearer regulation, and says Ethereum, Solana, Avalanche, BNB Chain, and Canton Network are the networks most likely to benefit from growth in tokenized equities.

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Grayscale maps three phases of stock tokenization and names five blockchains positioned to benefit
Grayscale
2026-07-14 01:25:51

Grayscale maps three phases of stock tokenization and highlights five likely blockchain beneficiaries

Grayscale’s head of research, Zach Pandl, said the tokenization of global equity markets is moving forward in three stages, with each phase favoring different blockchain infrastructure. He identified the wrapper model as the current dominant structure, noting that more than 70% of tokenized stocks by market value fall into that category. In that setup, issuers hold shares through a special purpose vehicle, while tokens represent claims on the SPV rather than direct ownership of the underlying stock. Pandl also pointed to a coming pilot by the Depository Trust & Clearing Corporation, or DTCC, on Canton Network as the next major step. That program is designed to allow tokenized equities and other assets to move through blockchain rails within a regulated financial system. Grayscale classifies this as the entitlement model, where existing eligible securities are brought on-chain through regulated post-trade infrastructure instead of creating a new version of the asset. The third phase, in Grayscale’s view, is issuer-led native issuance, where companies issue securities directly on-chain. The firm cited Securitize as the first listed company to tokenize its own common stock at the time of its New York Stock Exchange listing. Grayscale said Ethereum, Solana, BNB Chain, Avalanche, and Canton Network are among the networks most likely to benefit as tokenized equities expand.

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Grayscale maps three phases of stock tokenization and highlights five likely blockchain beneficiaries
Grayscale
2026-07-14 01:25:51

Grayscale maps out three stages of stock tokenization and names five blockchains to watch

Grayscale Research Head Zach Pandl said stock market tokenization is moving forward globally, with the next major milestone likely to be DTCC’s planned pilot on Canton Network. In Grayscale’s framework, tokenized equities are developing through three distinct models: third-party wrappers, entitlement-based onchain records within regulated post-trade systems, and issuer-led native issuance. The firm said more than 70% of tokenized stocks by market capitalization currently use the wrapper structure, where an issuer holds shares through a special purpose vehicle and the token represents a claim on that entity rather than direct ownership of the stock. Those assets are already trading on networks including Ethereum, Solana, and BNB Chain. Grayscale also pointed to Securitize, which it said became the first listed company to tokenize its own common stock when listing on the New York Stock Exchange last week. The report argues that Ethereum, Solana, BNB Chain, Avalanche, and Canton Network are the blockchains most likely to benefit as tokenized equities expand, while noting that the three models are likely to coexist for years.

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Grayscale maps out three stages of stock tokenization and names five blockchains to watch
Cumberland
2026-07-14 01:22:56

Cumberland wins MAS MPI license in Singapore

Cumberland said its Singapore unit, Cumberland SG Pte. Ltd., has received a Major Payment Institution, or MPI, license from the Monetary Authority of Singapore. The announcement was made by the crypto trading and liquidity services firm on X. According to the company, the license allows the Singapore subsidiary to provide Digital Payment Token, or DPT, services as well as cross-border money transfer services. The update points to a regulatory approval that expands the range of payment-related activities Cumberland can carry out through its Singapore entity. No additional details were disclosed in the announcement cited in the source report.

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Cumberland wins MAS MPI license in Singapore
Bitcoin
2026-07-14 01:20:54

OCEAN to upgrade backend so it can track multiple chains in a BIP 110 split

Bitcoin mining pool OCEAN said on X that it will upgrade its backend so it can independently follow multiple chains if a BIP 110 chain split occurs. The pool said DATUM miners would automatically keep running on whatever chain their node is executing if such a split happens. OCEAN added that it would credit rewards from that chain to a fork share log, based on the chain’s continued operation and its terms of service. The company also said it would effectively operate as two mining pools from the point of the fork, and that updated terms of service would be released before block 961,632. The statement outlines how OCEAN plans to handle miner activity, reward accounting, and pool operations in the event of a chain split.

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OCEAN to upgrade backend so it can track multiple chains in a BIP 110 split
SemiAnalysis
2026-07-14 01:19:54

SemiAnalysis bullish note on SK Hynix helps South Korean stocks rebound

SemiAnalysis issued a bullish note on SK Hynix on July 14, keeping its positive view on the company’s 2Q26 DRAM performance. In the report, the firm said it still expects blended DRAM ASP to rise about 45% quarter over quarter and projected RAM operating profit at roughly KRW 55 trillion. SemiAnalysis also said that while it understands investor concerns about recent volatility in memory stocks, it still sees SK Hynix and other leading memory makers as offering some of the best risk-reward opportunities in the semiconductor sector. The report appeared to help sentiment in South Korea’s equity market. By the time of publication, the KOSPI had swung to a 2% gain after previously falling nearly 3%, marking a V-shaped reversal. SK Hynix was up more than 3%, while Samsung Electronics rose nearly 5%. Citirni analyst Jukan reacted to the note with a half-joking comment: “Go full leverage buying at the Korean market open.” The SemiAnalysis view stood in sharp contrast to an earlier KIS report that cut its two-year operating profit forecast for SK Hynix, a note that had directly triggered a sharp drop in the company’s stock price the previous day.

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SemiAnalysis bullish note on SK Hynix helps South Korean stocks rebound
SK Hynix
2026-07-14 01:19:54

SemiAnalysis bullish note on SK Hynix helps South Korean stocks reverse losses

SemiAnalysis released a bullish note on SK Hynix on July 14, keeping its positive view on the chipmaker’s 2Q26 DRAM performance. In the report, the firm said it still expects blended DRAM ASP, or average selling price, to rise about 45% quarter over quarter, with RAM operating profit reaching about KRW 55 trillion. The note said that while investors are concerned about recent volatility in memory stocks, SK Hynix and other leading memory companies still offer some of the best risk-reward opportunities in the semiconductor sector. The call drew attention because it sharply contrasted with an earlier KIS report that cut its two-year operating profit forecast for Hynix, a view that directly triggered a steep sell-off in SK Hynix shares the previous day. Citirni analyst Jukan responded to the new report with a half-joking remark, saying traders should go “full leverage” at the South Korean market open. By press time, the KOSPI had turned around and was up 2% after being down nearly 3% earlier. SK Hynix rose more than 3%, while Samsung Electronics gained nearly 5%.

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SemiAnalysis bullish note on SK Hynix helps South Korean stocks reverse losses