US appellate court extends Trump's global tariff ruling stay order

According to a report by consulting firm Crane Zeng, the trading volume of US users in the offshore forecasting market is approximately $11 billion to $34 billion, accounting for 12.5% to 31.5% of the total trading volume in the US forecasting market. Among them, Polymarket contributed $11 billion to $27 billion in trading volume on a single platform. The report predicts that by 2030, the annual trading volume of US users in the offshore forecasting market will reach $133 billion. The market is predicted to grow rapidly in the past two years, with Kalshi and Polymarket as the main representatives. The US CFTC's attitude towards the domestic forecasting market is becoming more relaxed, but unlicensed offshore platforms are prohibited from providing services to US users. Polymarket was banned from operating in the United States in 2022 due to unregistered service to American customers.

LG Electronics has chosen to develop a new blockchain based on Arbitrum to support advertising and media businesses, with ARB tokens rising by over 5%. This network is used for the placement, purchase, sale, and management of digital advertisements, and records the interaction between users and advertising content. Arbitrarum is developed by Offchain Labs and utilizes Optimal Rollup technology. LG has launched the enterprise level blockchain Monachain, developed the cryptocurrency wallet Wallypto, and launched the Art Lab NFT marketplace through its IT services department LG CNS.

Ripple CEO Brad Garlinghouse criticized JPMorgan CEO Jamie Damon's critical stance on the Clarity Act encryption bill. （Decrypt）

According to a spokesperson for the Iranian Ministry of Foreign Affairs, the Strait of Hormuz is still closed due to illegal actions by the United States, and ships should remain cautious as there are no conditions for safe passage.

According to the Israeli Prime Minister's Office, Trump had a phone call with Netanyahu to discuss a memorandum of understanding with Iran. Trump promised that the final agreement would include removing enriched materials, dismantling enriched infrastructure, limiting missile production, and stopping Iran's support for proxies in the region.