According to BlockBeats, on July 5, the European Securities and Markets Authority issued a statement saying that if "event contracts" in the prediction market meet the definition of financial instruments, they fall under the category of binary options. According to EU regulations, they cannot be marketed, distributed, or sold to retail investors.

ESMA states that the legal status of a product depends on its actual function, not on its commercial name such as "event contract." If the relevant contract meets the definition of a financial instrument under MiFID II, it will be considered a derivative and subject to the EU's binary options ban.

ESMA also points out that even if a platform only offers related products to professional investors, it still needs to obtain MiFID II authorization as long as it provides related investment services in the EU. Furthermore, event contracts may also be subject to the gaming laws of individual member states; if the product is tokenized and not a financial instrument, it may be subject to the Markets in Crypto-Assets Regulation (MiCA) framework.

According to BlockBeats, on July 5th, Michael Saylor published an article stating that Bitcoin's "hard consensus" is its immune system. Transaction fees determine the price of block space, nodes are responsible for formulating network strategies, miners are responsible for building blocks, and coin holders express their choices through capital allocation.

Saylor stated that any protocol change must achieve overwhelming community consensus to be adopted, therefore bad ideas will be eliminated before they become changes that harm the protocol.

According to BlockBeats, on July 5th, South Korean media reported that the Bank of Korea warned that leveraged ETFs linked to single stocks such as Samsung Electronics and SK Hynix could further increase market concentration, amplify market volatility, and strengthen one-sided trading flows.

In a written response to Park Sung-hoon, a lawmaker from the People Power Party, the Bank of Korea stated, "Given that Samsung Electronics and SK Hynix account for more than half of the total market capitalization and trading volume of the Korean stock market, expanding the investment scale of single-stock leveraged ETFs could further exacerbate market concentration." The Bank of Korea indicated that such products could amplify one-sided trading as corporate performance or market expectations change, leading to increased capital inflows and outflows.

Furthermore, retail investors' losses could widen further should the market experience a correction, while increased ETF redemptions or portfolio rebalancing could exacerbate volatility in related stock prices. According to Yonhap News Agency, the Bank of Korea plans to strengthen its monitoring of the impact of single-stock leveraged ETFs on the stock market and financial system.

According to BlockBeats, on July 5th, reports indicated a significant decrease in the number of ships navigating the Strait of Hormuz off the coast of Oman on Sunday. This followed a sharp turnaround the previous day by several vessels attempting to exit the strait along the channel, highlighting Iran's continued efforts to strengthen its control over this strategic waterway. An oil tanker that turned back on Saturday appears to be attempting to pass again and has now passed the northernmost tip of Oman's Musandem Peninsula.

Earlier, another product tanker also traveled along the same route and publicly announced its intention to sail, and is currently broadcasting its position information in the Gulf of Oman. Several other vessels have opted for unauthorized transit through the strait. A Suezmax crude oil tanker appeared in the Gulf of Oman on Sunday after its last position broadcast in the Persian Gulf on Saturday. Between Friday and Saturday, at least eight vessels abruptly turned back while transiting the Strait of Hormuz along the Omani shipping lane. Four of these subsequently changed course northward, transiting the Iranian side of the strait.

There is currently no official explanation for these ships' sudden turnaround. However, Iran has repeatedly stated that ships can only transit the Strait of Hormuz via designated and authorized routes. According to Kpler data, 19 ships transited the Strait of Hormuz in both directions on Saturday, but only one ship publicly indicated it would enter the strait via the Omani coastal route, compared to 13 ships using that route on Friday. These statistics only cover observable navigation activities.