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20:53
Svmuu News: According to data from SoSoValue, the HYPE spot ETF recorded total net inflows of $4.3227 million yesterday (July 7, Eastern Time).
Yesterday, only the Bitwise Hyperliquid ETF (BHYP) saw net inflows, with a single-day net inflow of $4.3227 million; its cumulative historical net inflows now total $135 million.
As of press time, the total net asset value of the HYPE spot ETF stood at $368 million, with a net asset ratio of 2.36%; its cumulative historical net inflows have reached $311 million.
20:52
Svmuu News: According to data from SoSoValue, the SOL spot ETF recorded total net inflows of $1.672 million yesterday (July 7, Eastern Time).
Yesterday, only the Fidelity Solana Fund ETF (FSOL) saw net inflows, with a single-day net inflow of $1.672 million; its cumulative historical net inflows now total $196 million.
As of press time, the total net asset value of SOL spot ETFs stood at $950 million, with a SOL net asset ratio of 2.01%; cumulative historical net inflows have reached $1.145 billion.
20:47
Svmuu News: According to Gate data, South Korea’s KOSPI index turned from a decline to a gain, with SK Hynix rising more than 2%.
20:44
Svmuu News: Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, posted on X that the total market capitalization of stablecoins on the Robinhood Chain has surpassed $200 million. He noted that Ethena is the key driver behind this growth. Data shows that Ethena currently holds $50 million in USDG on the Robinhood Chain, as well as $50 million in USDG in the Ethena × Steakhouse USDG treasury, for a total under management of nearly $100 million—representing approximately 50% of the total USDG supply on the Robinhood Chain.
20:43
Svmuu News: Citrini analyst jukan posted on X, stating that, according to a report by the FT, Apple has begun testing CXMT’s DRAM for use in Apple devices sold in China.
20:37
According to Svmuu, SK Hynix turned positive during the trading session after falling as much as 5% earlier.
20:31
Svmuu News: According to on-chain analyst Yu Jin, after a hiatus of nearly a month, Pump has resumed cashing out its fee revenue, transferring 122,500 SOL to Kraken 6 hours ago, worth $10.08 million. Since the beginning of 2024, Pump has reportedly sold a cumulative total of 4.73 million SOL in fee revenue, worth $805 million, at an average price of approximately $170.
20:26
Svmuu News: Summer.fi has released an analysis report on the Lazy Summer Protocol USDC vault attack. On July 6, an attacker manipulated the share prices of two USDC vaults in a single atomic transaction, draining approximately $6.04 million in depositor funds. The report states that the attack exploited the method used to calculate the vault’s net asset value (NAV).
The attacker donated tokens—which still retained their old valuation—to a Silo Ark that had been suspended following an incident in November 2025 but had not yet been fully removed, causing the vault’s total assets to be inflated by approximately 9.5%. which inflated the share price. The attacker then redeemed shares at the inflated price and withdrew funds from the vault’s actual liquidity. The report emphasized that the attack was not caused by a vulnerability in the smart contract code, but rather by a gap in the vault’s decommissioning process; although the deposit limit for this Ark had been set to zero, its concentrated active assets were still being included in the NAV calculation.
20:21
Svmuu News: Du Jun, co-founder of ABCDE Capital, posted on X to provide further details on the investment, stating that the first tranche of $500,000 was paid to Metagent—founded by Li Bojie—in February 2024, and that the decision to disburse the subsequent $1 million investment would depend on the project’s progress and the terms outlined in the agreement. Du Jun noted that the demo presented by the Metagent team in June 2024 fell short of expectations. Taking into account the project’s progress, communication, and feedback from other investment firms, he expressed concerns about the team’s ability to execute the project. He also noted that starting in July 2024, Li Bojie essentially stopped responding to investors’ communications. In December of the same year, Li indicated via email that he had left Metagent and that the company was short on funds; however, the team never provided investors with complete financial statements or operational information.
20:14
Svmuu News: The United States launched a new round of airstrikes against Iran and revoked an exemption that allowed Iran to sell oil globally. U.S. Central Command stated that the strikes were intended to impose costs on Iran for its attacks and harassment of merchant ships carrying civilians in international waters, adding that Iran’s actions were unjustified, dangerous, and a clear violation of the ceasefire agreement. According to a July 7 local-time announcement from the U.S. Treasury Department’s Office of Foreign Assets Control, the U.S. has revoked a general license authorizing Iranian oil sales; related wind-down transactions may continue until midnight on July 17, Eastern Time.
20:12
Svmuu News: According to Gate data, South Korea’s KOSPI index opened down 232.32 points, or 3.03%, at 7,423.99 on Wednesday, July 8. SK Hynix and Samsung Electronics fell 4%.
20:11
Svmuu News: Cryptocurrency exchange Kraken is seeking a full banking license in Europe and has identified Lithuania as its primary jurisdiction for the application. If approved, Kraken will become the first cryptocurrency exchange to obtain a full banking license in Europe. According to reports, this move is part of its parent company Payward’s global licensing strategy. Previously, Kraken Financial connected to the U.S. Federal Reserve’s payment infrastructure in March of this year, and Payward obtained regulatory approval from the UAE’s VARA in May.
20:08
Svmuu News Coinbase According to an announcement, Coinbase has added the Grvt token (GRVT) to its listing roadmap.
20:04
Svmuu News: According to data from MSX.COM, SpaceX closed down more than 6.8% on Monday at $149.47, marking its lowest closing price since going public.
20:00
Svmuu News: Ethereum Institutional has announced the launch of a recruitment drive for its core team. Over the coming weeks, the company will focus on hiring for roles in institutional go-to-market (GTM), marketing, and community operations, as well as technical positions such as solutions architects and technical project leads.
19:57
Svmuu News: KOR Protocol announced the completion of a $7.5 million Series A funding round, with participation from 1kx, Blockchain Capital, and others, valuing the company at $100 million. The funds raised in this round will be used for platform development, ecosystem growth, and partner integration, and the company plans to launch its token.
KOR Protocol is an on-chain creative asset settlement platform built on theCoinbaseLayer 2. It provides verification, routing, and settlement infrastructure for creative works such as music and films. By registering assets on-chain, it helps creators connect with suitable brands, platforms, and distributors, and enables programmable revenue-sharing payments via stablecoins such as USDC.
19:57
Svmuu News: According to Onchain Lens, two newly created wallets (0x9F9...b15 and 0x17A...B5B), believed to belong to Bitmine, received 40,000 ETH from Kraken and FalconX, worth $71.62 million.
19:57
Svmuu News: Rajat Gupta, an analyst at JPMorgan Chase, said that while a merger between Tesla and SpaceX “makes sense on paper,” current speculation surrounding the merger underestimates the potential obstacles that could hinder the deal.Gupta said the merger would enable CEO Elon Musk to “combine the vision, mission, and engineering leadership of the two platforms,” and that the companies’ shared AI ambitions would serve as a “potential strategic glue.”Gupta noted that potential obstacles include regulatory approvals across multiple jurisdictions, governance and voting rights symmetry, and the perception that “the merger would be an SPCX-led acquisition rather than a merger of equals.”
Gupta added that JPMorgan Chase will monitor SPCX’s acquisition currency, the regulatory landscape, and Musk’s voting rights at Tesla as potential catalysts signaling a looming merger. JPMorgan Chase stated that if a deal were to occur, the most likely structure would be a SpaceX-led, all-stock acquisition of Tesla. Gupta noted that this transaction structure could best bridge the valuation gap and avoid a large cash outlay. Gupta rates Tesla as “Neutral” with a price target of $475.
19:55
Svmuu News: Tiger Securities has upgraded its rating on Coinbase from “Hold” to “Buy” and set a price target of $200.The firm stated that, with the risk-reward ratio improving following a sharp pullback, the most difficult phase of the bear market for Bitcoin may have ended, and a new crypto market cycle is expected to begin, driven by a recovery in liquidity, growing institutional demand, and improved risk appetite.
19:53
Svmuu News: Anthropic reportedly plans to expand in Manhattan, New York, doubling its New York City workforce to 1,000 employees; it plans to lease a 16-story building in Hudson Square. The company will begin relocating to New York City in the summer of 2026. (Cailian Press)

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