According to Upbit platform data, the HYPER/KRW trading pair topped the list with a trading volume of 2601.97 billion won, which is nearly five times the second-ranked XRP/KRW (544.897 billion won). According to Binance market data, HYPER rose 455% in 24 hours and is now quoted at $0.649, with a maximum price of $0.6899. Yesterday, Upbit announced that it would list HYPER in the Korean won market and BABY in the BTC and USDT markets.
According to Bloomberg, Harmonic, an AI mathematics company co-founded by Robinhood CEO Vlad Tenev, announced the completion of a $100 million Series B financing round with a valuation of $875 million. This round was led by Kleiner Perkins, followed by Sequoia Capital, Index Ventures and Paradigm. The company was founded in 2023 by Tenev and former Helm.ai CEO Tudor Achim to build an AI system that can solve complex mathematical problems, thereby creating what the company calls "mathematical super intelligence." Harmonic plans to open its flagship AI model Aristotle to researchers and the public later this year.
SharpLink Gaming, a listed company, increased its holdings of 12,648 ETH today, worth $35.31 million
According to on-chain analyst Ember, listed company SharpLink Gaming (NASDAQ: SBET) continued to purchase 12,648 ETH (worth $35.31 million) 5 hours ago. Since adopting an ETH reserve strategy similar to MicroStrategy in early June, the institution has accumulated 222,000 ETH in more than a month, with an average purchase cost of about $2,617 and a current floating profit of $72.62 million.
FTX/Alameda released approximately $30.94 million worth of SOL 1 hour ago
According to Lookonchain monitoring, FTX/Alameda unstaked 189,851 SOL (worth US$30.94 million) an hour ago.
Trump team-linked wallet deposits $7.03 million worth of TRUMP tokens into Coinbase
According to Onchain Lens, a wallet associated with the TRUMP team deposited 722,010 TRUMP (worth $7.03 million) into Coinbase.
According to Cryptoslate, Robinhood launched ETH and SOL staking services for US customers on July 10, and users can earn staking rewards by holding a minimum of $1 worth of cryptocurrency. The new feature expands its staking service beyond Europe, and US customers can participate in blockchain verification without running a validator directly. For Ethereum staking, Robinhood uses batch processing to pool customer tokens to meet the minimum validator requirement of 32 ETH, and users can receive 50% to 100% of the protocol rewards. The SOL staking service is also online, with Robinhood responsible for the technical process to simplify the process for retail investors to participate. However, due to regulatory restrictions in various states, residents of California, Maryland, New Jersey, New York and Wisconsin are currently unable to use the staking service. Starting in October 2025, Robinhood plans to charge a 25% commission on staking rewards, in addition to paying third-party service providers.
US media: Trump is ready to impose a general tariff of 15% or 20%, refuting inflation concerns
According to Jinshi, Trump said in an interview with NBC on Thursday that he plans to impose blanket tariffs of 15% or 20% on most trading partners, and dismissed concerns that further tariffs could have a negative impact on the stock market or drive inflation. "All the remaining countries have to pay, whether it's 20% or 15% (tariffs). We'll solve this problem now. I think these tariffs are welcomed. The stock market hit a new high today," Trump said. "Not everyone has to get a letter. You know. We're just setting tariffs," Trump said. The current general tariff in the United States is 10%.
According to on-chain analyst @ai_9684xtpa, the whale 0x564...7dE7d has recharged 4,500 ETH (about $13.08 million) to Binance in the past 5 hours. This part of ETH has been held for more than a year, and the cost of opening the position is about $3,868. If it is sold now, it will lose $4.32 million. When ETH fell to a low of $1,385 in April this year, the whale had a floating loss of $11.17 million.
The Ethereum Foundation's associated address sold 1,210 ETH for 3.496 million USDC 2 hours ago
According to the monitoring of on-chain analyst Ember, the ETH transferred by the Ethereum Foundation during this period is suspected to be intended for sale: they sold 1,210 ETH in exchange for 3.496 million USDC two hours ago, and the selling price was $2,889.5. In the past month, the Ethereum Foundation has transferred 21,000 ETH to the 0xc06 address; the 0xc06 address transferred 7,000 ETH to the 0x247 address six days ago; the 0x247 address transferred 1,210 ETH to the 0x340 address two hours ago today, and then sold it for 3.496 million USDC and transferred it back to the 0x247 address.
According to Onchain Lens, the total amount of liquidation in the network reached $1.06 billion in the past 24 hours. Among them, one user lost $88.55 million in a single BTC/USDT transaction on the HTX platform.
Grayscale updates its "List of Proposed Assets" and includes 31 tokens in the scope of investigation
Grayscale has updated its "List of Assets to be Included" and "List of Assets in Current Product Holdings", among which the newly included projects include: 1. Smart contract platform: Aptos, Arbitrum, Celo, Mantle, Toncoin, MegaETH, Monad; 2. Financial: Aerodrome, Binance Coin, DeepBook, Ethena, Euler, Hyperliquid, Jupiter, Kamino Finance, Lombard, Maple Finance, Morpho, Pendle, Plume Network; 3. Consumer and cultural: Bonk, Playtron; 4. Artificial intelligence: Aixbt, Grass, Prime Intellect, Story, Virtual; 5. Utilities and services: Jito, LayerZero, Walrus, Wormhole. Grayscale said that the list will be updated quarterly, and whether assets are included will depend on internal control, custody, supervision and other considerations. Users should not regard the list as a commitment to future products.
REX Shares has submitted application documents for TRON-related leveraged ETF to the US SEC
According to The Block, REX Shares has submitted an application document for the "T-REX 2X Long TRON Daily Target ETF" to the US SEC. The document states that the fund "aims to achieve daily leveraged investment returns", which is significantly different from other ETFs. The document states: "Therefore, the risk of the fund may be higher than similar products that do not adopt leverage strategies because its goal is to amplify (200%) TRON's daily performance." The document also mentions that "the fund will use total return swap agreements to obtain exposure to exchange-traded funds or other exchange-traded products that invest in TRON spot or TRON derivatives (such as swaps or futures contracts). "The sponsor of the fund is REX Shares, LLC, and no custodian has yet been listed.
According to on-chain analyst @ai_9684xtpa, after the giant whale AguilaTrades reopened the BTC 20x long order on 07.09, he has increased his position to 3000.35 BTC in the past day, worth US$347 million, with an opening price of US$109,000.3 and a liquidation price of US$108,430. The current floating profit is US$20.11 million.
Pump.fun has acquired Solana on-chain wallet tracker Kolscan
According to The Block, Pump.fun announced the completion of the acquisition of Solana's on-chain wallet tracker Kolscan, which is the platform's first acquisition transaction. Kolscan mainly provides real-time profit and loss data and performance ranking functions for on-chain traders. The acquisition amount was not disclosed. Pump.fun co-founder Alon Cohen said that in the future, Kolscan functions will be deeply integrated into the platform, including improving the copy trading analysis module and ranking system. Cohen emphasized that after the acquisition, all Kolscan services will be free, and the tool has accumulated tens of thousands of users.
Coinbase International has launched the PUMP-PERP pre-release market
Coinbase International Station X Platform announced that the PUMP-PERP pre-release market is now fully open for trading on Coinbase International Exchange and Coinbase Advanced. Limit orders, market orders, stop orders, and stop-limit orders are now open.
Former Bitfury Executive Jonathan Gould Confirmed by Senate as OCC Director
According to The Block, the U.S. Senate approved the nomination of Jonathan Gould, former chief legal officer of Bitfury, as the director of the Office of the Comptroller of the Currency (OCC) by a vote of 50:45. The appointment is subject to the final signature of President Trump. Gould served as the senior deputy comptroller of the OCC from 2017 to 2020 and recently worked at the blockchain company Bitfury. It is worth noting that crypto-friendly Senator Cynthia Lummis voted against it during the procedural voting stage, arguing that she needed to further communicate with Gould on issues such as stablecoin legislation and the priority of federal banking law, but turned to support it in the final vote. The OCC has adopted a number of crypto-friendly policies this year, including explicitly allowing banks to buy and sell crypto assets for themselves and deleting the statement about "reputational risk" in the regulatory manual, but emphasized that banks still need to properly manage related risks.
According to Jinshi, the Party Committee of Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on July 10 to study the development trends and response strategies of cryptocurrencies and stablecoins. He Qing, Secretary of the Party Committee and Director of the Municipal State-owned Assets Supervision and Administration Commission, pointed out that it is necessary to fully implement the spirit of the Seventh Plenary Session of the 12th Municipal Party Committee, adhere to innovation-driven development, maintain a keen sense of emerging technologies, and strengthen research and exploration of digital currencies. Adhere to the integration of production and numbers, and explore the application of blockchain technology in cross-border trade, supply chain finance, asset digitization and other fields. Persist in hard work and improve the ability of strategic agility and strategic initiative, further promote the deep integration of science and technology, finance, and industry, better play the important role of state-owned assets and state-owned enterprises in scientific and technological innovation, industrial control, and security support, and make new and greater contributions to the construction of Shanghai's "five centers".
Florida Attorney General Investigates Robinhood’s Crypto Trading Promotions
According to Bloomberg, the Florida Attorney General's Office has launched an investigation into Robinhood's cryptocurrency business, accusing the platform of using deceptive means to mislead consumers about costs. The focus of the investigation includes whether its payment for order flow (PFOF) model has led to opaque pricing for crypto transactions. State Attorney General James Uthmeier pointed out in a statement that Robinhood has long claimed to provide the most favorable crypto trading services, but in fact it may mislead consumers. The investigators have issued a subpoena to the company, requiring it to submit marketing materials and internal documents related to the pricing structure by the end of July. Robinhood's general counsel responded that the company's transaction disclosure standards are industry-leading, and all fee information is clearly disclosed in the transaction process. The investigation will examine whether Robinhood's business model of executing transactions through third-party institutions and charging order flow fees affects the fairness of crypto asset transactions. The SEC issued new regulations last year requiring brokers to strengthen the disclosure of transaction execution information such as payment for order flow.
Germany's NRW Bank issues 100 million euro digital bond on Polygon blockchain
According to CoinDesk, Germany's state-owned development bank NRW.BANK has issued a 100 million euro (about 116.7 million US dollars) blockchain bond on the Polygon blockchain for the first time. The bond is registered in accordance with the German Electronic Securities Act (eWpG) and is provided with infrastructure by Cashlink's BaFin-regulated crypto securities registration system. The issuance attracted the participation of many institutional investors, with Deutsche Bank, DZ Bank and Deka Bank acting as lead underwriters, marking the increasing acceptance of digital securities in the European public offering sector.
US Treasury Officially Repeals Crypto Broker Reporting Rules
According to Bloomberg, the U.S. Treasury Department officially revoked a regulation on cryptocurrency brokers on Thursday. Earlier this year, the U.S. Congress voted to repeal the regulation, which was signed into law by President Trump in April. The regulation originally required decentralized cryptocurrency exchanges to report customer transaction information to the government, but crypto industry insiders believed that decentralized exchanges were mostly automated and difficult to meet the reporting requirements.
Plasma: XPL public sale will start on July 17, deposits and withdrawals will be locked on July 14
Stablecoin project Plasma tweeted that the XPL public sale will officially begin on July 17. The platform will lock deposits and withdrawals on July 14 (72 hours before the sale), and users will no longer be able to withdraw funds. Official reminder: Vault deposits cannot be used for this sale, please prepare available funds in advance. All deposits will be locked for at least 40 days after the sale ends.
Kraken Launches Local Currency Deposits in Argentina and Mexico
According to the official blog, Kraken is launching local currency recharge services in Argentina and Mexico, two active crypto markets, to support users to recharge Argentine pesos and Mexican pesos through local payment methods, and the funds will be automatically converted into US dollars at a transparent exchange rate. Kraken has also obtained the registration qualification of Virtual Asset Service Provider (VASP) from the National Securities Commission of Argentina (CNV) to achieve compliant operation. This upgrade aims to provide Latin American users with faster and safer cryptocurrency services and promote regional financial inclusion and innovation.
Fed's Moussallem: Stablecoins could become an important part of payments
According to Jinshi, Fed's Musallem: Stablecoins are an interesting innovation in the payment field, and it is a good thing to establish a regulatory framework. Stablecoins may become an important part of payments.
Hainan Huatie Hornet strategically invests in digital asset trading platform XMeta
Hainan Huatie announced that its shareholding company Hainan Huatie Hornet Digital Technology Co., Ltd. has completed a strategic investment in Nanchang Ex Aimu Technology Co., Ltd. After the transaction is completed, the company will hold a 5% stake in the company. Ex Aimu Technology owns the digital asset trading platform - XMeta and the overseas NFT aggregation ecological platform - XMeta.HK.
NEXBRIDGE Completes $8 Million Series A Funding, Led by Fulgur Ventures
NEXBRIDGE and its trading platform NEXPLACE have completed an $8 million Series A financing led by Fulgur Ventures, aiming to expand the compliant digital asset issuance and trading ecosystem based on the Bitcoin Liquid Network. NEXBRIDGE has previously launched the first compliant digital asset backed by US debt, USTBL. This round of financing will accelerate the launch of more assets and their distribution across licensed platforms. The two platforms will be fully integrated in the second half of 2025, and the regulatory compliance and asset transparency structure will be strengthened.
Ant International denies access to Circle
According to China Business News, there was news that Ant International is cooperating with Circle. Ant International said: The media reports are inaccurate and there is no such plan at present.
Ethereum Foundation to Reorganize Ecosystem Development Team to Focus on Four Key Areas
According to the "Future of EF Ecosystem Development" released by the Ethereum Foundation on its official blog, as the Ethereum ecosystem continues to expand, the Ethereum Foundation announced that it will significantly expand and reorganize its Ecosystem Development (EcoDev) team, focusing on four major areas: ecosystem acceleration, ecosystem amplification, ecosystem support, and long-term ecosystem unlocking. New initiatives include the establishment of teams for corporate relations, developer growth, application relations and research, and founder success, while strengthening digital content production, strategic activities, local community expansion, and automated tool development. The Foundation will also optimize funding programs, promote global policy coordination, government and academic cooperation, and enhance the resilience and popularity of Ethereum technology and social infrastructure.
Coinbase Partners with Perplexity AI to Launch Real-Time Crypto Data Service
Coinbase CEO Brian Armstrong tweeted that Coinbase announced a partnership with Perplexity AI to provide traders with real-time, reliable cryptocurrency data and information to help them make better decisions. The first phase has been launched, and Perplexity can now access Coinbase market data (including COIN50) for market analysis, and will subsequently implement AI-driven conversational market monitoring and analysis.
The Cardano Foundation has a total asset of $659 million, of which 76.7% is ADA and 15% is Bitcoin.
According to CoinDesk, the Cardano Foundation invested $22.1 million in the three core areas of blockchain application, operational resilience and education last year, a year-on-year increase of 15%. Of this, $15 million was used to promote the application of blockchain in the real world, including cooperation with NASA, FC Barcelona and the United Nations Development Program. The foundation's total assets amounted to $659 million, mainly held in the form of ADA (76.7%), Bitcoin (15%) and cash equivalents (8.3%).
Animoca Brands and DDC Enter into $100 Million Bitcoin Strategic Partnership
According to the official website of Animoca Brands, DDC Enterprise and Animoca Brands have signed a memorandum of understanding on Bitcoin strategic cooperation with a total amount of US$100 million. The two parties will jointly develop and implement Bitcoin profit enhancement and risk management strategies. Animoca Brands co-founder and executive chairman Yat Siu will also join DDC's newly established Bitcoin Vision Committee to help the company manage and innovate its Bitcoin reserves. The cooperation aims to accelerate DDC's Bitcoin accumulation, promote Bitcoin to become a core asset of modern corporate finance, and establish a new paradigm for the adoption of digital assets by listed companies.
K Wave Media secures $1 billion in capital to advance Bitcoin vault strategy
According to GlobeNewswire, K Wave Media (NASDAQ: KWM) announced that it has obtained a total of $1 billion in capital capacity to advance its Bitcoin treasury strategy. The company signed a $500 million convertible note agreement with Anson Funds, and the first batch will issue $15 million in senior secured convertible notes and warrants, and at least 80% of the net proceeds will be used to purchase Bitcoin. In addition, K Wave Media has completed the acquisition of the first batch of 88 bitcoins and plans to expand its holdings to 10,000 bitcoins. The company said that this move will not only help strengthen its financial strength, but will also promote the deep integration of its Korean cultural content with the Web3 economy.
KULR purchased 90 Bitcoins for about $10 million
KULR purchased 90 bitcoins for about $10 million, at a unit price of about $108,884. As of July 9, 2025, KULR holds a total of 1,021 bitcoins, with a cumulative purchase amount of about $101 million and an average purchase price of about $98,627. The return on bitcoins this year has reached 291%.
Binance announced the official launch of the world's first Sharia-certified multi-currency staking product "Sharia Earn", which supports BNB lock-up, ETH and SOL staking. All products are certified by Amanie Advisors, a world-renowned Sharia consultant, and strictly follow the principles of Islamic finance, including prohibiting interest, avoiding high-risk uncertainties, and refusing to get involved in non-halal areas such as alcohol and gambling. Users participate in staking through the Wakala protocol, and the funds will be used for compliant blockchain projects, with transparent reward distribution and asset management. Currently, Sharia Earn is open in some countries, and a cryptocurrency reward event of up to $100,000 has been launched simultaneously.
Tether Treasury mints 1 billion new USDT on Tron chain
According to Whale Alert monitoring, at 20:05 Beijing time, Tether Treasury minted 1 billion USDT (approximately US$1.0013 billion) on the Tron chain.
Stablecoin startup Agora receives $50 million in Series A funding led by Paradigm
According to Fortune magazine, Agora, a stablecoin startup, announced that it has received $50 million in Series A funding led by blockchain venture capital giant Paradigm. Agora was co-founded by Nick van Eck, Drake Evans and Joe McGrady. It focuses on the AUSD stablecoin and helps other companies issue their own stablecoins through white label services. Agora's current AUSD market value is $130 million, far lower than industry giants such as Tether and Circle, but the company said it will continue to focus on overseas markets to meet the demand for stablecoins caused by cross-border payments and local currency fluctuations. In addition, Agora's model also shares the income of US dollar assets with partners, aiming to encourage more financial institutions to participate in this field.
YZi Labs announces investment in blockchain infrastructure platform Aspecta
YZi Labs announced a strategic investment in Aspecta, a blockchain infrastructure platform. Aspecta is committed to providing intelligent authentication, price discovery, and lifecycle liquidity for illiquid assets such as pre-TGE stocks, locked tokens, private equity, RWA, etc. This financing will help Aspecta expand its network scale, strengthen collaboration with major partners, and promote the global application of its "Alpha Assets" open economic framework.
Market News: Ghana requires virtual asset companies to complete registration before August 15
Market news: Ghana requires virtual asset companies to complete registration before August 15.
EU financial regulator reviews Malta’s fast-track authorization process for crypto assets
According to CoinDesk, the European Securities and Markets Authority (ESMA) recently conducted a peer review of Malta's authorization procedures under the Crypto Asset Market Regulation (MiCA). ESMA questioned the Malta Financial Services Authority (MFSA) for issuing authorization to a crypto asset service provider (CASP) when key issues had not been resolved. The review pointed out that the MFSA failed to make full use of time in the authorization process to ensure that companies rectified core defects before approval. In addition, ESMA also stated that some key areas such as business expansion, conflicts of interest and governance arrangements were not adequately assessed. Despite this, ESMA believes that Malta has performed well in terms of regulatory resources, and MFSA also welcomed the review opinions.
After the 1inch team repurchased, YZi Labs transferred 5 million 1INCH to Binance
According to Ember, after the 1inch team investment fund recently repurchased 1INCH and raised the price from $0.18 to $0.215, YZi Labs (formerly Binance Labs) transferred 5 million 1INCH (about $1.07 million) to Binance half an hour ago. It is understood that YZi Labs, as the leading investment institution of 1inch, obtained a total of 75 million 1INCH through attribution unlocking, and currently its on-chain address still holds 69 million 1INCH (about $14.75 million).
Rumble will work with MoonPay to launch the crypto wallet Rumble Wallet in Q3
According to CoinDesk, video sharing platform Rumble (RUM) has reached a cooperation with crypto payment service provider MoonPay and will launch Rumble Wallet in the third quarter. The wallet will integrate MoonPay's infrastructure to achieve convenient exchange of digital assets and fiat currencies. Users can buy, sell and exchange cryptocurrencies directly on the platform, aiming to provide content creators with more payment autonomy. In addition, MoonPay's creative agency Otherlife will migrate to Rumble Cloud and use its decentralized storage and computing power services for Web3 content creation. Since Tether invested $775 million in Rumble, Rumble has continued to increase its investment in the crypto field, has included Bitcoin in its balance sheet, and plans to support BTC, USDT and Tether's gold token XAUT payments.
Bit Mining: Will convert cryptocurrency holdings to Solana. Will raise $200 million to $300 million for Solana strategy.
Data: Companies increased their holdings of a record 159,107 Bitcoins in Q2
According to Solid Intel, in the second quarter of 2025, a record 159,107 bitcoins worth approximately $17.69 billion were added to corporate balance sheets.
In recent days, the share prices of many listed companies in the Hong Kong stock market have soared due to their involvement in the "stablecoin concept". On July 10, Hong Kong-listed Puxing Energy once soared by more than 280%. At the same time, Delin Holdings also saw unusual movements. The stock once rose by more than 70% in early trading. Some industry insiders have warned that some stablecoin concept stocks have been overheated in the short term and need to pay attention to the risk of callbacks.
