Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

[BIS Warns of Liquidity Mismatch Risks in Tokenized Money Market Funds] The Bank for International Settlements (BIS) highlighted in a briefing that tokenized money market funds (MMFs) face liquidity mismatch risks between daily redemptions and T+1 settlements, which become more pronounced during times of market stress. Meanwhile, solutions have emerged within the industry, such as Broadridge's DLR system, which enables intraday transfer and monetization of government bonds, providing technical support to address liquidity mismatch issues.

The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

Binance's whale inflow reached $7.5 billion, setting a new annual high. The analysis points out that this surge in inflows is similar to the pattern of previous high volatility periods, such as the situation in March 2025 when Bitcoin prices fell from around $102000 to a low of $70000. （CryptoQuant）

[Kalshi's Valuation Doubles in Weeks, Prediction Market May See Duopoly Competition] The prediction market is rapidly rising in the crypto and fintech sectors. Kalshi secured over $1.3 billion in new capital this quarter, with its valuation increasing from $5 billion to $11 billion. Its main competitor, Polymarket, is in talks for a new round of funding, targeting a valuation range of $12 billion to $15 billion. Currently, market capital is primarily concentrated on the Kalshi and Polymarket platforms. Investors believe the two are poised to dominate the prediction market, becoming core platforms for trading event risk and sentiment data. Kalshi has already received approval from the U.S. Commodity Futures Trading Commission (CFTC), while Polymarket has just been granted permission by the CFTC to re-enter the U.S. market.

Altcoin funding rates, including for TON, have turned positive, indicating renewed confidence among traders, but overall market participation remains muted.