The market switched from "The war is about to end" euphoria to "The war has not ended at all" anxiety the next day.


Geopolitical risks have not truly disappeared. Although Trump said the war is ending, the Pentagon states the war is not over, and the Strait of Hormuz remains closed.



1. Yesterday, the net inflow for Bitcoin spot ETF in the United States was $218.66 million; the total net inflow for Ethereum spot ETF yesterday was $12.5859 million.


2. The on-chain net inflow for Ethereum in 2026 has reached $2.1 billion, far exceeding all other public chains.


3. Circle launched the Nanopayments testnet, supporting a minimum of $0.000001 USDC for gasless micropayments, which is now live on multiple testnets including Ethereum, Arbitrum, and Optimism.


4. Kraken's tokenized stock platform xStocks launched a points program, which may signal the issuance of ecological tokens. Previously, Nasdaq announced a partnership with Kraken's parent company to advance the construction of stock tokenization infrastructure.


5. Aave oracle failure resulted in the improper liquidation of $26 million wstETH.


6. Aave V4 proposed a dual-track licensing framework: core code BUSL + contributor CLA. This framework aims to establish a clearer governance and intellectual property structure for project repositories, protecting core commercial value while encouraging open-source participation.


7. Wells Fargo applied for the "WFUSD" trademark, laying out plans for stablecoin and digital asset business.


8. Ledger's security team disclosed a vulnerability in MediaTek chips, which could lead to the theft of wallet mnemonic phrases.


9. The ethrex client collaborated with the Ethereum Foundation and the L2BEAT team to complete the proof of concept for EIP-8079 (Native Rollups). This embeds the L2 verification logic directly into the Ethereum protocol layer, allowing the Ethereum execution layer to verify state transitions directly, thus no longer relying on ZK circuits or fraud proof mechanisms.


10. According to a report released by Bloomberg on Tuesday, many family offices based in Hong Kong plan to increase allocations to private equity, digital assets, private credit, and venture capital over the next three years, with significant investment interest in these asset classes expected to rise.