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BlockBeats message: On June 30, blockchain analytics company Chainalysis released a proposal for a blockchain tracing ontology, attempting to establish industry standards for clustering and tracking on-chain addresses. The document breaks the “cluster (address cluster)” into finer structures such as “wallet fragments,” and proposes a two-layer framework: the first layer builds an address relationship graph, and the second layer labels analytical credibility to help law enforcement and prosecutors determine whether the data can be used in cases.
Based on its hands-on experience in a money-laundering case involving co-founder Roman Sterlingov of the Bitcoin Fog mixing service, which was handled in the U.S. Department of Justice, Chainalysis said that the judge in that case previously found its Reactor tool to be “highly reliable” after a Daubert hearing. The company emphasizes that on-chain analysis alone cannot directly identify the final user’s identity; it needs to be supported by offline information such as court subpoenas, and it calls on the industry to keep independently reviewing and providing feedback on the methodology.

According to a BlockBeats report, on June 29, during an interview, CZ said that the MiCA license application Binance submitted in Greece had fully met regulatory requirements before it was withdrawn and was close to being approved, but the process was ultimately halted due to “the intervention of external political factors.”
CZ said that within the EU, multiple countries had previously shown interest in this license, with even a certain degree of “competitive bidding.” However, ultimately, the regulatory push was affected by factors outside the regulator, forcing the application to be withdrawn. Binance officially withdrew its Greek application last week and said it would pivot to other EU member states to continue advancing its MiCA authorization. Regarding market rumors that it is connected with senior political figures in the EU, CZ said he had not seen any verifiable documents and only saw similar claims online, without confirmation.

BlockBeats message, June 29: Ripple launched the XRPL Lending Protocol, providing on-chain credit infrastructure for tokenized assets. The protocol’s core principle is to keep credit assessment off-chain and only standardize the execution steps on-chain. Institutions complete their own underwriting and compliance reviews, while the protocol standardizes execution processes such as liquidity pooling, loan origination, repayments, and handling defaults.
The protocol consists of two parts: a Single Asset Vault, used for on-chain pooling management of a single asset; and a Lending Protocol, which issues loans with clearly defined terms by deploying the vault’s liquidity. Together, they correspond to proposals XLS-65 and XLS-66, which still require node approval. At the infrastructure layer, the protocol supports a subordinated capital mechanism, where the pool manager assumes risk exposure ahead of other liquidity providers. Currently, developers can already integrate the protocol on the testnet (devnet) for testing.

BlockBeats message: On June 29, local time, the Omani Ministry of Foreign Affairs released information related to an interview that Foreign Minister Bader gave earlier. Bader said that Oman has always been committed to ensuring the Strait of Hormuz remains a safe, peaceful, and free navigation environment for all parties. He noted that Oman and Iran have reached consensus in existing dialogue, and that any future arrangements involving the Strait of Hormuz must be carried out within the framework of international law.
Regarding concerns from the public about the issue of transit fees, Bader said that Oman does not support charging transit fees to transiting vessels, but he did not rule out the possibility of discussing mechanisms related to maritime services. Bader said that issues such as strengthening navigational safety, improving maritime accident emergency response capability, and preventing and controlling marine pollution could be explored, and relevant practices from other straits could be used as references. He said that such arrangements would be developed in consultation with the countries and shipping companies that use the navigation routes of the Strait of Hormuz, with the aim of improving maritime services and ensuring navigational safety—not adding a new burden to global trade. (CCTV News)

BlockBeats news: On June 29, Zhaoyi Innovation released an announcement on stock trading risk warnings. The storage chip industry the company operates in has historically exhibited prominent cyclical volatility. Currently, product prices are at historical highs, and the trend of further significant increases is not sustainable. Industry supply and demand will eventually reach a rebalancing.
In the future, as multiple factors such as the macroeconomic environment, industry cycles, and market supply-demand relationships change, the prices of the company’s main products may experience a substantial decline. At that time, both the product selling prices and gross profit margins for the company’s storage business will likely be significantly adversely affected, resulting in a decline in the company’s overall profitability and posing a risk that the company’s operating performance may decline.

BlockBeats news: on June 29, multiple analysts recently warned that due to quarterly rebalancing needs, US stocks will face heavy sell pressure from large institutions totaling $165 billion by the end of June. According to JPMorgan’s analysis, the sell pressure mainly comes from the following five major institutional pools:
US fixed-income pension funds: manage approximately $9.6 trillion in assets and are expected to contribute about $55 billion in stock sales (because their rebalancing discipline is relatively loose, they typically execute only part of the rebalancing).
Japan Government Pension Investment Fund: manages approximately $1.9 trillion in assets and is expected to sell about $60 billion worth of global equities (while also buying bonds).

BlockBeats message, June 29: A strategy team led by Mike Wilson of Morgan Stanley reminded investors that during this round of adjustments, significantly higher screening standards are required when selecting stocks. Wilson said that the current market expansion still has room to continue, and the key driver is that the market has seriously underestimated the strength of the “full-market earnings repair.” Against the backdrop of falling oil prices and the likelihood that the Fed’s hawkishness will be less than what the market is currently pricing, he is optimistic about the discretionary consumer, transportation, and regional bank sectors.
Another major core concern for Wilson is that the semiconductor sector has seen intense recent volatility, making it much more difficult for the market to maintain historically high allocation positions. The Philadelphia Semiconductor Index (SOX) is highly representative of this: it surged 7.3% in the week of June 15, then immediately fell 7.9% last week.