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7/5
01:30
1. Kraken supports certain tokenized stocks and ETFs as collateral for leveraged trading;
2. Nomura Securities: The global storage industry continues to face severe supply shortages, and AI-driven structural demand growth has not yet peaked;
3. Peter Brandt: Considering selling part of his Bitcoin holdings to buy gold instead;
4. The net increase in new listings at South Korea’s top five crypto exchanges in the first half of the year fell by approximately 74% year-over-year;
5. GPT-5.6 is rumored to be available to the public as early as July 7, and Gemini 3.5 Pro may launch on July 17;
6. CZ responded to a riddle meme, causing several ANSEM-style meme coins on the BSC chain to surge briefly;
7. Hashdex and Charles Schwab: The divergence between Bitcoin’s performance and U.S. stock market trends may be only temporary;
8. U.S. national debt has risen to $39 trillion, with annual interest payments totaling approximately $1 trillion;
9. Coinspect disclosed wallet vulnerabilities dating back to 2018; last month, $3.14 million was reportedly stolen from affected wallets;
10. Coinbase: In the first half of the year, the company advanced its “One Platform for Every Asset and Every Market” strategy.
00:47
Svmuu News: According to GMGN market data, the market cap of CZ, a meme coin on the BSC chain, briefly surpassed $40 million and is currently trading at $40.38 million, marking an intraday surge of more than 220 times.
Svmuu reminds investors that meme coin prices are highly volatile, driven largely by market sentiment and trending events, and lack underlying intrinsic value; investors should be aware of the risks involved.
00:43
Svmuu News: Tech blogger Leo has reported that OpenAI may make GPT-5.6 available to the public between July 7 and 9, with the earliest possible launch date being July 7. According to the report, the new model plan will have more generous usage limits, and OpenAI is further strengthening its security measures ahead of the launch.
Additionally, according to sources, Google DeepMind is tentatively scheduled to release Gemini 3.5 Pro on July 17. Another tech blogger, Astro Polo, stated that Gemini 3.5 Pro will support a 2-million-token context window—double the current 1-million-token limit supported by Claude Sonnet 5, Claude Sonnet 5, Claude Opus 4.8, and Claude Fable 5—which currently support a 1 million-token context—making it better suited for handling large codebases, long documents, and extended conversations.
Note: The above information is based on market rumors and has not yet been officially confirmed by OpenAI or Google DeepMind.
00:08
Svmuu News: According to on-chain data, Gate (0x2b8...f308) has burned 2.57 million GT, worth $17.43 million. This marks Gate’s third GT burn this year, bringing the year-to-date total to 7.29 million GT, valued at approximately $58.56 million. The previous two burns occurred 70 days ago, when 2.56 million GT worth $18.83 million were destroyed, and 178 days ago, when 2.16 million GT worth $22.30 million were destroyed.
00:03
Svmuu News: Peter L. Brandt, a financial trader and CEO of Factor LLC, wrote that he is considering selling a portion of his holdings in the Bitcoin and using the proceeds to purchase gold.
Brandt believes that gold is likely to outperform the Bitcoin in the future, so he plans to adjust part of his asset allocation.
7/4
23:48
Svmuu News: In its latest report, Nomura Securities argues that the core issue facing the global memory industry remains a severe supply shortage, and that AI-driven structural demand growth has not yet peaked. Recent investor concerns about oversupply have been clearly exaggerated, and the market’s overreaction may present a window of opportunity for the memory sector to reassess its valuations. In the report, Nomura Securities states bluntly that market concerns are severely exaggerated, as the cycle for semiconductor investments to translate into actual production capacity is extremely long, South Korea’s investment plan, totaling 480 trillion won, will take at least 5 to 10 years to translate into actual production capacity; moreover, the displacement of general-purpose memory capacity by high-margin HBM (High Bandwidth Memory) is causing severe supply shortages in the market. Nomura Securities emphasized that Meta’s decision is by no means a turning point signaling a decline in AI-related hardware demand. On the contrary, as the current shortage of computing power has driven up the price per token, the entry of Meta’s computing power into the market is expected to help stabilize token prices at a lower level. (Jin Shi)
23:47
Svmuu News: The South African Revenue Service (SARS) released a draft tax guidance document on crypto assets on July 1, 2026, proposing compliance rules for approximately 5.8 million to 6 million South African cryptocurrency users, and has opened a public comment period through August 31, 2026. Under the updated framework, crypto assets are classified as intangible assets and are not considered foreign currency or traditional currency; taxpayers are not required to pay tax on unrealized gains or losses while simply holding the assets. Tax obligations are triggered upon the disposal of the asset. If an individual’s crypto activities are deemed to be similar to business operations or short-term day trading, profits will be classified as gross income and taxed at marginal rates ranging from 18% to 45%; if crypto assets are held as long-term investments, gains on disposal are subject to capital gains tax, with an effective tax rate for individuals ranging from 18% to 36%. The draft also treats exchanges between crypto assets as barter transactions, with tax consequences arising immediately at the time of exchange based on local market value. SARS stated that it has deployed the Crypto Revenue Augmentation Unit to track and audit digital wallets, and urged taxpayers who have not previously disclosed crypto gains to file their returns through the Voluntary Disclosure Program to avoid administrative penalties resulting from increased enforcement after the August deadline. (Bitcoin.com News).
22:56
Svmuu News: After crypto blogger @TCryptochicks posted a series of “riddle” images, CZ retweeted them and replied, “Water (drop) your BNB wallet,” fueling market speculation around celebrity-themed meme coins.
As a result, several CZ-themed meme coins on the BSC chain saw short-term price surges. Among them, CZ (The Final Form Bull) saw its market cap briefly exceed $41 million, though it has since retreated to $29.82 million, with a 24-hour trading volume of $28 million and a 24-hour gain of 182 times.
Some investors are attempting to replicate the “Ansem effect” seen on the Solana chain, which involves driving speculation in meme coins with the same name or a homophone by leveraging topics related to well-known KOLs or celebrities. Svmuu reminds users that these tokens are highly volatile, and investors should be wary of high volatility and the risk of project teams disappearing.
22:52
Svmuu News: South Korean domestic cryptocurrency exchanges saw a significant slowdown in new listings during the first half of this year, while low liquidity and the number of problematic coins delisted increased.
According to EToday’s analysis of data from the five major exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—the net increase in newly supported coins during the first half of this year, after subtracting discontinued listings, was 49, a decrease of approximately 74% from the 191 recorded during the same period last year. During the same period, the number of new listings fell by 44% year-over-year, while the number of delistings rose by 258% year-over-year.
The report noted that as trading volumes decline and fee revenue comes under pressure, the focus of competition among South Korean exchanges is shifting from listing expansion to liquidity management, token vetting, and responding to institutionalized regulatory requirements. (EToday)
22:35
Svmuu News: According to Onchain Lens, a whale has suffered four consecutive partial liquidations of BTC short positions over the past 24 hours, totaling 97.99 BTC worth $6.18 million, resulting in a combined realized loss of $298,750; The trader still holds a 40x leveraged short position of 67.98 BTC, valued at $4.26 million, with a current unrealized loss of $179,220; the liquidation price is only $902 above the current BTC price.
22:19
Svmuu News: Kraken has begun allowing eligible users to use certain tokenized stocks and ETFs as collateral for futures and margin trading, enabling them to open leveraged positions without having to sell their holdings.
The initial rollout supports 10 tokenized stocks and ETFs, including Apple, Nvidia, Tesla, Strategy, the SPDR S&P 500 ETF, and the Invesco QQQ Trust. This feature is currently available only to eligible users outside the United States.
Kraken has also set collateral limits for different assets: the maximum collateral value for large-cap ETFs is $1 million, for most individual stocks it is $250,000, and for tokenized gold and “Circle” stocks it is $100,000.The platform stated that collateral limits and discount rates will be reviewed periodically and may be adjusted based on market conditions. (Cointelegraph)
22:17
Svmuu News: Although U.S. stock markets continue to hit new highs, while Bitcoin has performed relatively weakly so far this year, both asset management firm Hashdex and Charles Schwab believe this divergence will not persist for long.
Samir Kerbage, Chief Investment Officer at Hashdex, stated that while market capital is currently flowing more toward themes such as AI infrastructure, IPOs, and interest rate trading rather than digital assets, this reflects a shift in asset allocation rather than a deterioration in the crypto industry’s fundamentals.He pointed out that stablecoin trading volume in the first half of this year has already exceeded the full-year level for 2025, the size of real-world assets (RWA) has grown by more than 60% year-to-date, and transaction activity on crypto networks has also hit an all-time high—meaning the divergence between on-chain fundamentals and market valuations has reached a historic high.
Jim Ferraioli, Head of Digital Asset Research at Charles Schwab, noted that Bitcoin’s current trajectory remains consistent with historical patterns following previous halving events.Currently, the production cost for inefficient miners is approximately $95,000, while the average market holding cost is around $80,000; as prices rebound, there may still be some selling pressure from investors looking to break even. He believes that as the Bitcoin market gradually matures, the volatility of each future cycle may diminish.
22:11
Svmuu News: The U.S. national debt has risen to approximately $39 trillion; the size of the public debt is equivalent to the total U.S. GDP, and annual interest payments have reached about $1 trillion, exceeding the defense budget. The U.S. Treasury system can be traced back to the debt consolidation reforms championed by Alexander Hamilton in 1790, when the federal government assumed responsibility for the war debts of the individual states and pledged to repay them in full, thereby establishing the U.S. credit system and laying the foundation for the global status of the U.S. dollar and U.S. Treasuries. Today, U.S. Treasuries are regarded as one of the core assets of the global financial system, underpinning the U.S. dollar’s status as a reserve currency and held extensively by central banks and financial institutions worldwide. As the debt continues to expand, market concerns about long-term sustainability are intensifying. According to calculations by the Penn Wharton Budget Model, when the debt-to-GDP ratio exceeds approximately 210%, the fiscal system may face unsustainable risks. Currently, this ratio stands at about 100% in the United States, and the Congressional Budget Office projects it could rise to 175% by 2056. Analysts believe that, given rising healthcare spending and a continuously widening fiscal deficit, this risk threshold may be reached sooner than expected, and the long-term stability of the debt structure is facing increasingly stringent market and policy tests.
21:37
Svmuu News Coinbase released its monthly review on July 1, stating that in the first half of the year, it advanced its product strategy centered on “one platform for every asset and every market,” covering tokenized stocks, pre-IPO perpetual contracts,stock options, crypto options, index-based perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase noted that tokenized stocks are 1:1-backed shares of U.S. companies, expected to include dividends, on-chain trading, holding, and redemption features, and are not available to U.S. persons. Coinbase The company also stated that its pre-IPO perpetual contracts will begin with SpaceX, followed by expansion to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the world’s most AI-intensive companies. Coinbase It also noted that it has launched a direct INR channel in India, become the official deployer of Hyperliquid’s USDC treasury wallet, and partnered with Ethena to manage over $5 billion in assets, while mentioning the transfer of approximately $4.4 billion in USDC to Hyperliquid deployers. (Bitcoin.com News).
21:30
1. Strategy CEO: Bitcoin is a rule-based system of monetary freedom;
2. Tether CEO: The AI industry faces multiple risks of capital misallocation, with a severe disconnect between profit cycles and investment cycles;
3. Opinion: The failure of BIP-110 is seen as a strong signal of “Bitcoin,” further validating the network’s consensus mechanism and governance resilience;
4. Vitalik: Over the next five years, Ethereum will enter an era of streamlining, with post-quantum security and privacy becoming top priorities;
5. Analysis: The high compliance threshold of the UK FCA’s crypto regulatory framework may pose a key challenge to implementation;
6. U.S. M2 surpasses $23 trillion, setting a new record and sparking debate over a “liquidity-driven bubble”;
7. Several U.S. tech companies are tightening AI spending, with Tesla. limiting employee AI-related expenses;
8. Revolut announces it will delist USDT by the end of August, signaling tighter European compliance;
9. AI data center Crusoe plans to raise $3 billion, with its valuation potentially rising to $30 billion.
21:10
Svmuu News: According to monitoring by Coinspect Security, which analyzed crypto wallet seeds generated using insecure code since 2018, it found that thousands of seeds had actually been used; last month alone, $3.14 million in suspected stolen funds were discovered in the associated wallets. Coinspect Security noted that some of the funds were concentrated in a single address and exhibited money-laundering patterns. One affected address transferred out $2 million just hours after the alert was issued; it is currently unclear whether this was a result of theft. Additionally, Coinspect Security issued a specific warning to the Chinese-speaking community, stating that many users whose assets remain at risk may be located in China.
20:45
Svmuu News: Russian Presidential Aide Ushakov stated that Putin briefed Donald Trump on the actual situation on the battlefield, noting that the Russian Armed Forces are steadily advancing along the entire front line and liberating settlements one after another. Ushakov noted that European countries are acting based on a misperception of the overall situation and the actual conditions along the line of contact. He said that Ukraine and its European supporters are betting on prolonging and escalating the conflict, including through terrorist acts targeting civilians.Ushakov stated that the liberation of Konstantinovka is a crucial stage in liberating the entire territory of the Donetsk People’s Republic, and that regardless of how stubbornly the Kyiv regime holds its ground, Russian forces will capture the remaining Ukrainian defensive positions. Donald Trump He reiterated his willingness to help bring the fighting to an end as soon as possible and resolve the crisis through peaceful means.Donald Trump, stated that his special envoy Witkov and his son-in-law Kushner are ready to travel to Moscow at an appropriate time to continue their mediation efforts.
20:44
Svmuu News: Intel adjusted the prices of its PC and server processors on the 3rd. Prices for the Core Ultra 200S Plus and Xeon 6 processors, released in late March, were raised, while prices for the Core Ultra 200S processors, released in 2024, were slightly lowered. The suggested retail price for the Core Ultra 7 270K Plus has increased by $50 from its launch price of $299 to $349, while the price of the Core Ultra 5 250K Plus has risen by $30 to $229. Prices for server-grade Xeon 6 processors have increased by as much as several thousand dollars, with the recommended price for the Xeon 6980P rising to $13,955. Intel stated that these price adjustments reflect current market conditions, rising supply chain costs, and strong demand for specific product lines. (ZDNet Korea Semiconductor).
20:44
Svmuu News: Blockchain security firm Hexens disclosed that it discovered a critical vulnerability in the Aptos blockchain’s Move Virtual Machine (Move VM) in February of this year. The vulnerability was patched within hours of being reported, and no funds were lost. Hexens stated that the vulnerability stemmed from a caching flaw that could lead to a type confusion vulnerability, allowing an attacker to theoretically gain access to high-privileged roles such as stablecoin minting, cross-chain bridges, and DeFi protocols. The research team set up a simulation environment closely resembling the mainnet using a server costing approximately $3,000 and tested the exploit path about 20 times, with approximately 17 to 18 successful attempts. They estimated that the vulnerability could have impacted approximately $250 million in Aptos’ native TVL; if it had further affected infrastructure such as cross-chain bridges, stablecoins, and centralized exchanges, the theoretical systemic risk exposure could have reached as high as approximately $70 billion. Aptos stated that the vulnerability has an extremely low exploitability in a live environment and noted that it had been promptly patched through its bug bounty program, with no impact on any users or funds.
20:44
Svmuu News: Vitalik Buterin posted on X, stating that Ethereum researchers recently finalized the “Ethereum” roadmap at a conference in Berlin.This roadmap is not a single upgrade but a series of forks spanning 3 to 4 years. Starting with “I-star,” it will become the third major phase of “Ethereum” and replace most core components.Key changes include shifting verification from direct execution to recursive STARKs, introducing 1 to 2 rounds of finality to the consensus mechanism, implementing multidimensional gas pricing, and fully replacing the existing scheme with post-quantum cryptography.Regarding the state model, the existing dynamic state scales only up to approximately 2TB. Meanwhile, new scalable state models—such as UTXO and circular buffers—will be introduced, with a total capacity of up to 100TB. These are suitable for ERC20, NFTs, and DeFi, and the rewritten code can reduce transaction fees by more than 10 times;Complex applications, such as Uniswap pools, will retain their old state, eliminating the need for forced migration.Privacy will be elevated to a top-level design goal, with all new components required to support post-quantum, intermediary-free private transactions. Formal verification will be fully implemented, and the introduction of RISC-V or leanISA as the protocol’s underlying VM will be explored; the EVM may eventually transition to a feature at the compilation layer.Gas limits, blob capacity, and block times will be increased multiple times over the next five years, with the Glasterdam fork being the first to raise the gas limit. Regarding the order of forks, H-star Hegota will be the last “pre-streamlined” fork, after which the protocol will enter the streamlined era.

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