News

U.S. House
2026-07-15 11:18:17

U.S. House passes bill to make daylight saving time permanent, sends it to Senate

The U.S. House of Representatives has passed the Sunshine Protection Act in a bipartisan 308-117 vote, advancing a proposal that would make daylight saving time permanent across the year. If enacted, the change would keep the current March-to-November clock setting in place year-round, which would leave the U.S. stock market’s opening time fixed at 9:30 p.m. in UTC+8 rather than shifting to 10:30 p.m. during standard time months. The bill now moves to the Senate, where it has not yet passed. Donald Trump has publicly backed the measure, arguing that the twice-yearly clock changes create significant economic costs and saying he will work to turn the proposal into law. Opposition has come from some Republicans, who argue that later winter sunrises could create safety issues for students heading to school in the dark or force later school start times. Supporters say ending the clock changes could improve sleep, reduce accidents, and support economic activity.

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U.S. House passes bill to make daylight saving time permanent, sends it to Senate
Iran
2026-07-15 11:16:53

Iran says it will not allow U.S. interference in Strait of Hormuz management

An Iranian government spokesperson said Iran will never allow the United States to interfere in the management of the Strait of Hormuz, according to a newsflash published by Odaily and citing Jin10. The spokesperson also issued a warning to countries in the Persian Gulf region, saying that cooperation with Washington would be equivalent to waging war against Iran. The report did not provide additional details beyond the statement. The item was published as a 7x24 market news alert by Odaily.

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Iran says it will not allow U.S. interference in Strait of Hormuz management
BNB
2026-07-15 11:13:51

BNB Chain completes 36th quarterly burn, destroying 1.62 million BNB

BNB Foundation said BNB Chain has completed its 36th quarterly BNB burn, marking the third quarterly burn carried out in 2026. A total of 1,615,827.795 BNB was removed in this round, with the burned tokens valued at about $932 million based on the price at the time of the burn. As of publication, the remaining total supply of BNB stood at 133.17 million tokens. The burn was executed through the BNB Auto-Burn mechanism, which the foundation said operates independently from Binance’s centralized exchange. Under that mechanism, BNB’s total supply is set to be reduced gradually to 100 million.

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BNB Chain completes 36th quarterly burn, destroying 1.62 million BNB
Ethereum
2026-07-15 11:12:45

EthSystems Spins Out of Ethereum Foundation Privacy Effort to Build Institutional Privacy Tools

EthSystems, a new for-profit company founded by Mo Jalil, Oskar Thorén, and Aaryamann Challani, has spun out of the Ethereum Foundation’s institutional privacy initiative. The team spent the past year running the Foundation’s Institutional Privacy Task Force, holding hundreds of conversations with central banks, regulators, tier-one banks, and asset managers. Now operating independently, EthSystems says it is building privacy and compliance technology that would let banks and asset managers use Ethereum without exposing trade data or client identities on a public ledger. The company starts with a year’s worth of open-source work already published, including proofs of concept for private bonds, confidential stablecoin transfers, private cross-chain settlement, hardened shielded pools, and an Ethereum Privacy Map. Its launch also comes as the Ethereum Foundation continues to shrink and restructure in 2026, with several teams splitting off to handle work the Foundation is stepping back from. EthSystems is backed by Bitmine Immersion Technologies, Sharplink, Ethereum co-founder Joe Lubin, and Asia-focused investment firm SNZ.

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EthSystems Spins Out of Ethereum Foundation Privacy Effort to Build Institutional Privacy Tools
ADI Chain
2026-07-15 11:08:52

ADI Chain closes $50 million financing round with IHC participation

ADI Chain said it has completed a $50 million financing round, with IHC participating in the investment. The project is focused on stablecoin settlement and the development of financial infrastructure. According to the announcement cited by ChainCatcher, its ecosystem partnerships extend across compliant stablecoins, tokenized securities, institutional payments, Chainlink, ZKsync, and major crypto wallets. No further details on the financing structure, valuation, or other investors were disclosed in the provided brief. The update positions ADI Chain around payment and infrastructure use cases tied to digital assets and related financial services.

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ADI Chain closes $50 million financing round with IHC participation
Stable
2026-07-15 11:08:08

Stable launches StablePay, a global app for everyday USDT payments

Stable, a USDT blockchain focused on stablecoin payments, said on July 15 that it has launched StablePay, a global mobile app built for everyday USDT spending. The company said the product combines daily USDT payment functions with yield-earning features inside a single application. In its description of the launch, Stable framed the app around three core user experience claims: no delays, no fees, and no friction. The announcement was reported by BlockBeats as a 7x24 market brief. No additional product details, rollout timeline, or regional availability information were disclosed in the item.

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Stable launches StablePay, a global app for everyday USDT payments
Bitcoin
2026-07-15 11:07:03

Bitcoin Holds Near Three-Week High as ETH Stays Close to June 3 Peak

Bitcoin remained near its highest level in almost three weeks, while Ether held close to its strongest level since June 3, according to CoinDesk. The move came after softer-than-expected U.S. inflation data supported prices, although gains were capped by tensions between the United States and Iran. In the altcoin market, HYPE rose 4%, with its uptrend since May marked by a pattern of higher highs and higher lows, and the report said that structure points to a potential push above $78 for a fresh record. LIT, by contrast, stalled after nearing its all-time high of $2.76 as traders took profits. CoinMarketCap’s altcoin season index fell to 46/100, indicating weaker momentum across the broader altcoin segment.

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Bitcoin Holds Near Three-Week High as ETH Stays Close to June 3 Peak
Bitcoin
2026-07-15 11:05:49

Crypto Holds Near Three-Week High as U.S.-Iran Tensions Offset Soft Inflation Boost

Bitcoin was little changed near a three-week high after a softer-than-expected U.S. inflation reading initially lifted sentiment, according to CoinDesk. That support did not translate into a broader rally, as rising tensions between the United States and Iran capped gains across the crypto market. The report framed the move as a balancing act between macroeconomic relief and geopolitical risk, with traders holding prices steady rather than extending Tuesday’s advance. The article was written by Oliver Knight and Saksham Diwan and edited by Sheldon Reback. CoinDesk published the piece on July 15, 2026.

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Crypto Holds Near Three-Week High as U.S.-Iran Tensions Offset Soft Inflation Boost