PAKISTAN MILITARY: ASIM MUNIR, CHIEF OF ARMY STAFF, ARRIVED IN TEHRAN AS PART OF ONGOING MEDIATION EFFORTS

Lenovo's ADR rose 17%, its biggest gain since 2021.

Regulation & Policy - Polymarket eyes Japan market entry, appoints regional representative - South Korea to review scrapping crypto tax plan after national petition hits 50,000 signatures - Kraken parent Payward secures preliminary VARA approval for Dubai expansion - Missouri AG sues CoinFlip, calls crypto ATMs “getaway cars for fraud” - US sanctions Sinaloa Cartel-linked cash-to-crypto laundering network tied to fentanyl trafficking - NHL and Commodity Futures Trading Commission sign MOU as sports prediction markets expand Market & Trading - Bitcoin stalls below $78,000 as ETF outflows and long liquidations deepen recovery doubts - HYPE token hits fresh record above $60 amid rising Wall Street demand for Hyperliquid - Coinbase launches thematic perpetuals tracking China, AI and US national security equity indexes - Precious metals see renewed interest as tokenization trend accelerates - JPMorgan Chase says tokenized money market funds unlikely to exceed 15% of stablecoin market Institutions & Corporate - ARK Invest buys another $5 mln of Bullish shares despite 3% stock decline - Blockchain.com confidentially files for US IPO - MoonPay announces fourth acquisition of the year with Decent, launches MoonPay Trade - IG Europe partners with Bitpanda to expand EU crypto offerings - Boerse Stuttgart adds Societe Generale, SG-FORGE and flatexDEGIRO to tokenized settlement network Ethereum/Infrastructure - Ethereum Layer 2 Zero Network to wind down amid broader protocol shutdown wave - Former Ethereum Foundation developer Dankrad Feist proposes $1 bln raise for new Ethereum advocacy group - CLEAR token plunges 48% as Everclear shuts down protocol, foundation and labs unit - Syndicate Labs to wind down after five years, citing rollup market slump Funding & Startups - Cosmos co-founder’s multilateral clearing startup Cycles raises $6.4 mln - Foundation raises $6.4 mln to expand from Bitcoin hardware wallets into AI agent authorization Legal & Security - Mike Novogratz and BitGo clash in court over $100 mln claim: Bloomberg - Wife of Sébastien Borget targeted in attempted kidnapping at home in France: report Gaming & Consumer Crypto - Fantasy Top to shut down, says trading card game model was “never built” for crypto