Odaily Planet Daily reports that the Bitcoin L2 network Botanix has decided to shut down. Botanix is urging its community users to withdraw their Bitcoin and other assets before July 9, 2026. After July 9, the consortium will clear out any remaining Bitcoin, and any other assets or tokens on the network will be irretrievable. Botanix revealed that it originally planned to eventually launch a token, but the overall performance of token issuance over the past year has failed to meet the expected model. Simultaneously, structural and economic factors, including DeFi demand for Bitcoin, the shift of on-chain economies towards venues with user relationships, and the inability of network fee revenue to cover infrastructure costs, have collectively led to the cessation of this experiment.

MyToken Portfolio Daily Report 10% of users gained over +0.00%；50% of users lost over -2.20%；10% of users lost over -3.05%。

Odaily Planet Daily reports that TradeXYZ issued a statement regarding its SPCX pre-market contract product, stating that TradeXYZ's pre-market contracts are price-based perpetual contracts that track the market's implied expectation of the price per share of Class A common stock (or common stock). The total share count and market capitalization are not input parameters in the market rules, oracle pricing methods, or final conversion mechanism. Previously, the official documentation included some educational examples illustrating how users could derive a "reasonable share price" given their expected judgments about the company's market capitalization and total share capital. These examples were intended only to help understand the context, but we received feedback that this content could be misleading, so they have now been removed from the documentation. "TradeXYZ does not use, publish, or rely on any calculation benchmarks based on total share capital or market capitalization in SPCX and all other XYZ markets. Once SpaceX completes its IPO and sufficient external price data becomes available in the market, SPCX is expected to switch to a standard external oracle pricing mechanism. At that time, the contract price is expected to gradually converge towards SpaceX's post-IPO public market trading price."

Odaily Planet Daily reports that GigaDevice has launched the new GD32E512 and GD32E252 series of dedicated MCUs for optical modules, precisely covering diverse application scenarios from traditional low-speed to next-generation high-speed optical modules. (Jinshi)

According to Odaily, EU High Representative for Foreign Affairs and Security Policy Kaya Karas stated that the EU plans to introduce restrictions on 11 cryptocurrency platforms in the next (21st) round of sanctions, services accused of assisting Russian authorities and companies in circumventing international sanctions. Furthermore, the EU will strengthen its bans on cryptocurrency-related services in some third countries, expanding the sanctions list and prohibiting transactions with the aforementioned 11 cryptocurrency platforms. European Commission President Ursula von der Leyen stated that the new sanctions aim to increase pressure on institutions assisting Russia in maintaining international financial transaction channels. In addition to cryptocurrency services, the new round of sanctions will also cover the traditional financial sector, with approximately 90 Russian banks potentially facing additional restrictions, and 31 of them planned to be completely banned from trading. Previously, the EU had already imposed sanctions on suppliers and platforms registered in Russia that allow cryptocurrency transfers and exchanges in the 20th round of sanctions, a ban that took effect on May 24. (bits.media)