Blockchain

The CLARITY Act (Digital Asset Market Clarity Act of 2025) is a federal digital asset market structure bill advancing through the U.S. Congress. Its Title III, "Responsible Innovation in Decentralized Finance," the "Blockchain Regulatory Certainty Act" (BRCA) embedded in Title VI, and the newly added Section 15H of the Securities Exchange Act, together provide the first statutory-level response to whether DeFi protocols, front-end interfaces, validators, and software developers are "intermediaries" under securities or commodities law. The bill's core principle is "regulate by control, not by code form": non-custodial, on-chain protocols lacking unilateral rule-changing authority are eligible for statutory exclusion, while "pseudo-DeFi" platforms retaining substantial control are subject to the joint CFTC/SEC regulatory framework.

Fun is a crypto project focused on financial infrastructure, dedicated to enabling free flow of capital between blockchain and traditional finance, while powering applications like Polymarket and Aave to build the next-generation financial system.

GENCY AI is an advertising infrastructure platform that combines AI and blockchain to build a verifiable, automated digital advertising system. It analyzes how verifiable data and Smart Contracts can enhance transparency, protect privacy, and reshape the digital advertising industry.

Grayscale Zcash Trust (ZCSH) is an investment vehicle that enables investors to gain exposure to the privacy coin ZEC through traditional financial markets.

The CLARITY Act (H.R. 3633), formally the U.S. Digital Asset Market Clarity Act, seeks to delineate the regulatory roles of the SEC and CFTC. Having cleared the House, the bill advanced through the Senate Banking Committee in May 2026 by a 15:9 vote. Below is a breakdown of its key provisions, legislative status, and how holders, traders, and DeFi users should rationally view it.

Kalshi and Sports Betting both allow users to trade or wager on the outcomes of future events, which is why they are often compared. But their underlying logic is clearly different. Traditional sports betting usually relies on odds set by sportsbooks, with users effectively betting against the house. Kalshi, by contrast, is a Prediction Market, where prices are formed collectively by market participants. At its core, it is closer to probability trading in financial markets.

Kalshi uses “Event Contracts” to let users trade probabilities around real world events. Users can buy YES or NO contracts to price whether a specific event will happen, such as whether the Federal Reserve will cut interest rates, whether Bitcoin will break through a certain range, or whether a candidate will win an election. Kalshi’s markets use an Order Book mechanism, and contract prices fluctuate between $0 and $1, allowing them to directly reflect the market’s judgment of the probability that a future event will occur. Once the event outcome is announced, the correct side settles at $1, while the incorrect side becomes worthless.

Kalshi is a regulated U.S. prediction market platform that allows users to trade on real world events, such as U.S. presidential elections, Federal Reserve interest rates, inflation data, cryptocurrency prices, weather, and sports events. Users buy and sell YES or NO contracts to price the probability of future outcomes, while market prices reflect the crowd’s real time expectations of whether those events will occur.

Hyperliquid is an on-chain perpetual futures trading platform built on its native Layer 1. Its core operating process includes order submission, on-chain order book matching, margin management, funding rate settlement, and risk liquidation mechanisms. Unlike most Perp DEXs that use an AMM model, Hyperliquid uses an order book structure closer to that of a centralized exchange, while keeping trading state and asset settlement transparent on-chain.

Hana Network (HANA) is a Web4 Layer-1 public chain built on Cosmos SDK, designed for retail and social applications. Its core design deeply integrates blockchain's peer-to-peer (P2P) capabilities with mainstream Web2 social platforms, replacing the passive holding model of traditional centralized exchanges (CEX) with Hypercasual Finance. This enables users to participate in on-chain value creation through lightweight interactions, social dissemination, and instant feedback.

Hana Network is a socially-driven Layer 1 blockchain platform built for retail-user onboarding. Its core value proposition is to replace the passive asset-holding experience dominated by centralized exchanges (CEX) with Hypercasual Finance, embedding P2P trading, fiat on/off-ramps, social tipping, and modest returns directly into Web2 social platforms like Twitter, Telegram, Discord, and TikTok — driving on-chain social finance into the Web4 era.

HANA is the native governance and utility token of the Hana Network ecosystem. Its core design binds on-chain coordination, incentive distribution, and long-term value capture into a single asset, ensuring that social finance, casual earning, and user growth are no longer dependent on centralized platform traffic subsidies but are continuously driven by the protocol-level token mechanism. With a total supply of 1 billion tokens and no additional inflationary issuance (subject to official disclosure), HANA will gradually enter circulation after TGE, serving as the value hub connecting Hanafuda, Hana Gateway, Reunion, and future products such as Capsule Shop and Dipsy.

The core use case of Warden Protocol is to support AI Agents in automatically completing on-chain tasks while helping users handle multi-chain interactions, DeFi automation and asset management. Through its Intent system and Solver network, Warden Protocol lowers the barrier to complex on-chain operations.

Warden Protocol supports AI Agents in automatically completing on-chain actions through its Intent system and Solver network. It also helps AI Agents handle multi-chain execution, asset interactions and automated tasks. The core focus of Warden Protocol is to turn complex on-chain operations into goal-oriented execution flows.

WARD is the core utility token in the Warden Protocol network. It is used for governance, Solver incentives, network security and AI Agent execution coordination. WARD is designed to help sustain the long-term operation of the Intent network and on-chain automated execution system.