UTE

2026-07-07 22:01:45

Ethereum Developers Release Native Rollups Proof-of-Concept Prototype

Ethereum developers have unveiled a proof-of-concept for Native Rollups, aiming to let Ethereum validate Layer 2 state transitions directly on the base layer via EIP-8079 and the EXECUTE precompile. The project is still in early exploration and not live yet.

960
Ethereum Developers Release Native Rollups Proof-of-Concept Prototype
Bitcoin
2026-07-07 11:30:00

Odaily Evening Brief: USDT Returns to Bitcoin as Binance Prepares Leverage Rule Changes

Odaily’s July 7 evening roundup highlighted a mix of crypto market signals, platform updates, and macro developments. Analysts said Bitcoin’s apparent demand has been negative for most of the year, though recent data suggests an improvement. In the stablecoin sector, USDT is set to return to the Bitcoin network through native issuance by UTEXO via the RGB protocol, a move that could draw renewed attention to Bitcoin-based asset issuance infrastructure. On the trading side, Binance said it will adjust leverage and collateral ratios for multi-contract products on July 10, 2026, a change relevant for users running leveraged or cross-collateral strategies. On-chain activity also remained in focus: one large holder deposited 1,988 ETH to Bybit after seeing assets decline 44% over five months, with a potential realized loss of $2.785 million if sold, while another whale with a $126.8 million portfolio opened a 3x HYPE short and is currently down $3.3 million. Outside crypto, the news digest also referenced South Korea’s possible extension of its sovereign AI GPU support program, Saudi Arabia’s reported oil pipeline expansion plan toward the Red Sea, comments from a Nobel laureate on AI and economic growth, and a McKinsey survey showing broad workplace adoption of AI tools.

940
Odaily Evening Brief: USDT Returns to Bitcoin as Binance Prepares Leverage Rule Changes