Odaily Planet Daily reports that U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins released the "Regulation Crypto Assets" framework at the "SEC Speaks" conference, marking a shift from "enforcement-driven regulation" to a more clearly defined rule system. The framework categorizes digital assets, classifying Bitcoin, Ethereum, and Solana as "digital goods," primarily regulated by the CFTC; the SEC focuses on "digital securities," namely tokens with clearly defined returns or asset claims. Furthermore, the framework introduces a "token safe harbor" mechanism, allowing projects to develop and raise funds for up to three years under simplified disclosure requirements. The SEC also signed a memorandum of understanding with the CFTC to reduce overlapping regulation and clarify the division of responsibilities. (FinanceFeeds)

Odaily Planet Daily reports that Matrixport has announced its new brand name, BIT, and will gradually update its brand and visual identity across its official website and other channels over the next few weeks. The announcement states that the name change reflects its expansion from digital asset services to a more comprehensive digital financial infrastructure encompassing custody, trading, payments, and RWA. The platform states that the name change does not involve any adjustments to the nature or scope of its services, and user accounts and asset usage will remain unaffected.

Odaily Planet Daily reports that cryptocurrency exchange Gemini and its co-founders Tyler Winklevoss and Cameron Winklevoss are facing a class-action lawsuit from shareholders in New York. The lawsuit alleges that Gemini described itself in its IPO filing as an exchange focused on expanding its user base and international business, but subsequently shifted to a prediction market-centric business model, causing its stock price to plummet by over 80% from its IPO price of $28 to approximately $6. The report points out that in February of this year, the company announced its "Gemini 2.0" prediction market strategy, while simultaneously laying off approximately 25% of its workforce and withdrawing from the EU, UK, and Australian markets. That same month, the company's CFO, COO, and CFO resigned. The plaintiffs have requested a jury trial and are seeking damages. (Cointelegraph)

According to Lookonchain monitoring, whale 0xc9d accumulated 742.8 WBTC over the past year at an average price of approximately $89,117, totaling about $66.2 million. Today, it sold all of the WBTC at approximately $70,259, incurring a loss of approximately $14 million.

According to Onchain Lens monitoring, a whale, after a period of inactivity of approximately two months, added $4.1 million USDC to its long position in Brent crude oil within the past 16 hours. This position is currently a 7x leveraged long position, comprising approximately 203,434 Brent crude oil contracts, with a position value of approximately $21 million. The opening price was approximately $106.91, and the liquidation price was approximately $89.05.