MEXC On-chain Daily Report： Zcash team nears completion of mathematical proof for inflation vulnerability, ZEC rises 12%

Updated: July 8 2026, 09:30 (UTC+8) | Author: MEXC

1. Headlines

• Zcash team nears completion of mathematical proof for inflation vulnerability, ZEC rises 12%
• USDT plans to return to Bitcoin through RGB protocol issuance
• SEC releases 2026 regulatory agenda to promote tokenized securities development
• Over 270 institutions obtain compliance qualifications one week after EU MiCA implementation
• Tether invests in Mercado Bitcoin to accelerate blockchain adoption in Latin America

2. Industry Updates

Bitcoin Suisse Obtains Abu Dhabi ADGM Financial Services License

According to Businesswire, crypto financial services provider Bitcoin Suisse announced that its subsidiary BTCS (Middle East) Ltd. has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The license allows the company to provide regulated digital asset services, including custody, spot trading, and derivatives execution and hedging services, to eligible institutional and professional investors. The approval further strengthens the digital asset compliance infrastructure in the Middle East and provides a new regulated pathway for institutional capital entering the crypto market.

Base to Activate B20 Token Standard on July 9

According to Odaily, Base announced that it plans to officially activate the B20 token standard on the mainnet at 02:00 UTC+8 on July 9. The upgrade was previously delayed due to stability issues. As Base’s native token standard, B20 aims to improve on-chain asset deployment capabilities through faster, lower-cost, and standardized settlement mechanisms, enabling global financial assets to operate as programmable capital while expanding Base’s ecosystem of financial applications.

EU MiCA Fully Implemented for One Week, Over 270 Crypto Service Providers Receive Regulatory Approval

According to Odaily, Patrick Hansen, Circle’s Senior Director of EU Strategy and Policy, cited temporary registration data from the European Securities and Markets Authority (ESMA), showing that one week after MiCA fully came into effect, 21 Electronic Money Token (EMT) issuers across 12 member states have received authorization, with 35 EMTs issued in total. Meanwhile, the number of Crypto-Asset Service Providers (CASPs) registered under MiCA has exceeded 270, marking Europe’s transition into a fully regulated crypto market.

Tether Invests $20 Million in Mercado Bitcoin to Expand Blockchain Infrastructure in Latin America

According to Odaily, stablecoin issuer Tether announced a $20 million strategic investment in Mercado Bitcoin, a Latin American blockchain financial services platform. The investment will support development in asset tokenization, payments, credit services, capital markets, and compliant digital financial solutions. The funding will be used to expand payment infrastructure, accelerate tokenized product growth, and strengthen blockchain-based financial ecosystems across Latin America.

EDX Markets Completes $76 Million Series C Funding Round Led by SBI Holdings

According to PRNewswire, institutional digital asset trading platform EDX Markets completed a $76 million Series C funding round led by Japanese financial group SBI Holdings. The funding will be used to upgrade trading, clearing, and settlement infrastructure while accelerating institutional digital asset services. Previously, EDX launched EDX FlowConnect and applied to the Office of the Comptroller of the Currency (OCC) for EDX Trust approval, aiming to establish a regulated digital asset custody framework.

KOR Protocol Raises $7.5 Million Series A Funding with Participation from 1kx and Others

According to Odaily, KOR Protocol announced the completion of a $7.5 million Series A funding round with participation from 1kx, Blockchain Capital, and other investors, bringing its valuation to $100 million. The funding will support platform development, ecosystem expansion, and partner integration, with plans to launch a native token. Built on Coinbase Layer 2, KOR Protocol focuses on creating an on-chain creative asset settlement platform, providing verification, routing, and USDC programmable payment infrastructure for music, film, and other creative industries.

Stablecoin Public Company Streamex Approved $20 Million Share Buyback Program

According to GlobeNewswire, Nasdaq-listed RWA stablecoin company Streamex announced that its board approved a stock repurchase program allowing the company to buy back up to 10 million common shares within the next 12 months, with a maximum value of $20 million. Streamex previously launched GLDY, a gold-backed tokenized security, and continues expanding its presence in the real-world asset tokenization market. The buyback plan has further increased market attention toward the company.

SK Hynix Expected to Begin Nasdaq Trading on July 10

According to Odaily, SK Hynix is expected to begin trading on the Nasdaq Global Select Market on July 10 under the ticker SKHYV, before transitioning to the standard SKHY ticker. As a leading global HBM chip supplier, the listing comes amid surging AI computing demand and could strengthen the company’s financing capabilities and competitive position in the artificial intelligence infrastructure supply chain.

BlackRock to Launch Nasdaq-100 ETF, Challenging Invesco’s Market Position

According to Jin10, BlackRock announced the launch of the iShares Nasdaq-100 ETF tracking the Nasdaq-100 Index, with trading expected to begin on Thursday. The product will compete with Invesco’s QQQ ETF series. As artificial intelligence continues driving demand for technology investments, major global asset managers are expanding ETF product offerings, reflecting increasing traditional market demand for technology assets.

Ansem: ANSEM Wallet Addresses Surpass 122,000, Close to Overtaking PUMP

According to Odaily, Ansem shared data on X showing that ANSEM token holders have exceeded 122,000 addresses, approaching PUMP’s approximately 124,000 holder addresses. The increase reflects growing community participation, although wallet growth alone does not determine project value and should be evaluated alongside trading volume, liquidity, and ecosystem development.

3. MEXC Market Heatmap

Data Source: Real-time market data from the MEXC platform before 09:30 (UTC+8). Data may change with market fluctuations.

Top 24H Gainers

• SHOT/USDT (+52.40%)
• LVR/USDT (+33.23%)
• ANSEM/USDT (+18.45%)

Top 24H Trading Volume

• BTC/USDT (380.556M)
• ETH/USDT (180.707M)
• USDC/USDT (66.632M)

Trending Meme Tokens

• MENSA/USDT
• LEVI/USDT
• TESTIBULL/USDT

New Listing Announcement

• TOFU/USDT Listing Time: July 8, 2026, 18:00 (UTC+8)

4. On-Chain Calendar

High-Risk Token Unlocks

• Pump/USDT Unlock Time: July 12, 15:41 Unlock Amount: 140.11M USDT Unlock Ratio: 25.6% of circulating supply Short-term selling pressure: Extremely high

Key Macro Events

• July 8, 09:00 — Australia Reserve Bank Hunter SpeechMay provide signals on Australian monetary policy and impact non-US currency movements.
• July 8, 07:50 — Japan Bank Lending Growth DataReflects domestic credit demand and may influence Bank of Japan policy expectations.
• July 8, 18:00 — Mexico Foreign Exchange ReservesReflects emerging markets’ demand for USD holdings and may affect capital outflow trends.
  

5. Security Alert

Recently, blockchain security firms have identified increasing scams using “token airdrops,” “wallet upgrades,” and “on-chain verification” as methods to trick users into signing malicious transactions. Some websites require users to complete so-called “identity verification,” “wallet activation,” or “blockchain synchronization,” while actually requesting high-risk permissions such as Permit or Permit2 authorization. Once approved, attackers can transfer assets without requiring additional confirmation.

Because these signatures often do not directly display transfer details, many users mistakenly believe they are only completing a normal login verification process, making the risks difficult to detect. Users are advised to carefully review every wallet signature request, reject any authorization with unclear purposes, regularly check and revoke unnecessary wallet permissions, and store important assets in separate wallets whenever possible. Maintaining strong security practices can reduce risks caused by malicious approvals and protect digital assets.

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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.