[Hong Kong Crypto Asset Reporting Framework Bill Enters Review Stage] According to Ming Pao, Hong Kong Legislative Council member Eunice Yung revealed that the Crypto Asset Reporting Framework (CARF) bill has entered the review stage. Eunice Yung stated that between 2018 and 2025, the Hong Kong government is expected to recover over HK$100 million in taxes and fines, with an estimated additional 8,000 financial institutions required to register mandatorily in the future.

According to a statement released by the Iranian Islamic Revolutionary Guard Corps on the 27th, the Iranian Islamic Revolutionary Guard Corps Navy has carried out strikes on multiple US military targets in the Middle East in response to US airstrikes on Iran's coastal areas.

[Mike Ippolito: Crypto projects should make a clear choice between equity and token structures] According to Blockworks co-founder Mike Ippolito, crypto projects adopting a 'equity + token' dual structure are facing valuation discounts. Project teams should make a clear choice between equity and tokens.

According to FT, Donald Trump Jr. acquired approximately $300000 worth of Kalshi equity when he joined the predictive market platform Kalshi as a strategic advisor in early 2025, at a time when the company was valued at less than $2 billion. Kalshi's financing valuation rose to $22 billion last month and is currently in talks to raise funds at a valuation of approximately $40 billion as early as the third quarter of this year, generating book profits from Donald Trump's equity holdings. Donald Trump Jr. did not contribute his own capital at the time, and his shares have been diluted in Kalshi's subsequent issuance.

According to Onchain Lens monitoring, whale addresses that have been dormant for two years sold 5671 ETH for $1576 in exchange for 8.938 million USDS.