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7/8
02:00
StarkWare CEO: Proposes that Bitcoin replace the 21 million token cap with a 4% annual issuance rate
Svmuu News: StarkWare CEO Eli Ben-Sasson posted that he is proposing to replace the 21 million hard cap for Bitcoin with a 4% annual issuance rate.He believes the current hard cap is “unreasonable” because private keys are lost over time, and “as time approaches infinity, all private keys will be lost.” Ledger estimates that approximately 4 million Bitcoin have already been permanently lost.Ben-Sasson stated that a 4% annual issuance rate roughly matches the global population growth rate. The proposal sparked opposition within the community, with critics arguing that the fixed cap is a core value of Bitcoin and that Bitcoin—which can be divided into units as small as 2.1 quadrillion satoshis—is sufficient to address the issue of a declining available supply.
01:57
Ministry of Industry and Information Technology Issues Risk Advisory on Preventing Security Backdoor Risks in the AI Programming Tool "Claude Code"
Svmuu News: Recently, the Cybersecurity Threat and Vulnerability Information Sharing Platform (NVDB) of the Ministry of Industry and Information Technology detected that the AI programming tool Claude Code contains a security backdoor that poses a serious threat.
Claude Code is an AI programming tool developed by the U.S.-based company Anthropic that can autonomously write and fix code based on text prompts. Due to its built-in monitoring mechanism, it can transmit sensitive information—such as the user’s geographic location and identity identifiers—to remote servers without the user’s consent. Affected versions of Claude Code range from 2.1.91 to 2.1.196.
It is recommended that relevant organizations and users immediately conduct a comprehensive investigation. For development terminals running the affected versions listed above, they should be uninstalled or upgraded to the latest secure version with the backdoor code removed. Additionally, organizations should strengthen access control and traffic monitoring for development tools connecting to external networks within core business network segments to prevent the unauthorized transmission of sensitive data.
01:48
South Korean fintech company Toss is partnering with Optimism to explore a won-pegged stablecoin and will test the OP Stack infrastructure
Svmuu News: South Korean fintech company Toss has announced a partnership with Optimism and Sunnyside Labs to jointly explore a won-denominated stablecoin.
Over the coming months, the three parties will conduct proof-of-concept (PoC) testing to assess the feasibility of building compliant blockchain-based digital financial infrastructure on the OP Stack, providing technical validation for applications related to the won-denominated stablecoin. (The Block)
01:42
An address named Ansem-2 spent $233,000 to purchase 2.79 million CASHCAT tokens; the associated wallet, ANSEM, made a profit of $2.6 million.
Svmuu News: According to Lookonchain’s monitoring, a wallet named Ansem-2 (0x6f5...D3F5) has spent $233,000 to purchase 2.79 million CASHCAT tokens over the past three hours. This wallet is linked to a Solana wallet (CLM6...Kg1Q), which currently holds 10.5 million ANSEM tokens worth $2.7 million and has realized a profit of $2.6 million from ANSEM.
01:38
The Arc testnet will undergo load testing today
Svmuu News: Arc has announced that its testnet will undergo a scheduled load test on July 8 to analyze the network’s performance and stability under extreme conditions.
Officials stated that during the test, users may experience network congestion, an increased transaction failure rate, higher gas fees, longer block generation times, and brief pauses in block production.
01:30
Svmuu Noon News
1. Robinhood Co-Founder: Robinhood Chain is not only suitable for RWAs but also ideal for meme coins;
2. The Bitcoin spot ETF saw total net inflows of $21.435 million yesterday, marking the third consecutive day of net inflows;
3. VanEck Executive: Strategy sold $135 million worth of Bitcoin last week, which did not utilize the BTC Monetization Program quota;
4. ArkStream Founding Partner: Discussed an investment with Li Bojie but later found his contract to be very amateurish—he hadn’t even figured out how to unlock the funds;
5. South Korea’s Ministry of Economy and Finance held an emergency meeting, warning of excessive concentration in the semiconductor sector;
6. OpenAI: GPT-5.6 Sol, Terra, and Luna will be officially released this Thursday;
7. Sources familiar with the matter: The Donald Trumpn government has lifted restrictions on OpenAI’s GPT-5.6;
8. Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026;
9. Since last October, hedge funds have once again been heavily buying tech stocks.
01:01
Data: Foreign capital outflows from the South Korean stock market have exceeded $100 billion since 2026
Svmuu News: Since early 2026, foreign investors have withdrawn a cumulative total of more than $100 billion from the South Korean stock market. (Coin Bureau)
00:59
South Korea's KOSPI index has fallen about 20% from last month's all-time high.
Svmuu News: According to Gate data, South Korea’s KOSPI index has fallen below 7,200 points, dropping more than 6% intraday. The index has retreated approximately 20% from last month’s all-time high.
00:56
Since last October, hedge funds have once again been buying up tech stocks in large numbers
Svmuu News: Financial analysis website Barchart posted a chart on X showing that, according to data from Bank of America, hedge fund purchases of tech stocks last week reached their highest level since October of last year.
Since last October, hedge funds have once again been buying up tech stocks in large numbers
00:49
South Korean Think Tank: Chip Boom Offsets Manufacturing Slump; South Korean Economy Remains on Track for Recovery
Svmuu News: A South Korean government-affiliated think tank said Wednesday that the South Korean economy remains on a recovery track, with the boom in the chip industry offsetting the slowdown in the manufacturing sector as a whole. The Korea Development Institute (KDI) noted in its monthly economic assessment report that South Korea’s exports continue to expand “strongly,” driven by robust demand for artificial intelligence-related products. In June alone, South Korea’s exports surpassed the $100 billion mark for the first time, reaching $102.25 billion—a 70.9% year-over-year increase—and setting a new record high.
The KDI stated, “Although the growth rate of semiconductor export volumes has slowed somewhat, export value remains strong, supported by continued price increases.” Driven by surging demand for memory chips, semiconductor export value nearly tripled to $44.82 billion, marking the first time monthly exports exceeded $40 billion. However, the KDI noted that manufacturing output declined slightly as “the rapid growth momentum seen earlier in the semiconductor sector has slowed, while other sectors remain sluggish.” The KDI added that high oil prices and the weakening of the South Korean won against the U.S. dollar may “continue to exert upward pressure on prices, increasing the risk of further interest rate hikes, which could in turn hamper the recovery in consumer spending.” (Jin Shi)
00:46
CASHCAT, a meme coin on the Robinhood Chain, has surpassed a market capitalization of $100 million, rising more than 12-fold in a single day.
Svmuu News: According to GMGN market data, the market capitalization of CASHCAT, a meme coin on the Robinhood Chain, has surpassed $100 million, currently standing at $105.3 million, with a gain of more than 12 times intraday.
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.
00:23
Michael Coates: Has been appointed Chief Information Security Officer of the Solana Foundation
Svmuu News: Michael Coates posted on X that he has been appointed Chief Information Security Officer of the Solana Foundation, marking a new chapter in his career. Coates previously served as Head of Security at Mozilla and Chief Information Security Officer at Twitter, and founded Altitude Networks, a startup focused on enterprise SaaS data security, which was later acquired by CoinList.
Coates said his future work will focus on integrating security capabilities into industry operations and application security infrastructure, addressing security challenges unique to cryptocurrency, and collaborating with policymakers and standards bodies to advance cybersecurity regulation.
00:22
South Korea's KOSPI index is currently at 7,349.87 points, down 4% on the day.
Svmuu News: According to Gate data, South Korea’s KOSPI index has plummeted 4% intraday and is currently trading at 7,349.87 points.
00:21
Analysis: To reduce costs, overseas developers are beginning to turn to Chinese AI models such as DeepSeek
Svmuu News: As the cost of using AI continues to rise, more and more overseas startups and developers are adopting Chinese AI models such as DeepSeek, Alibaba, and Moonshot AI to reduce inference costs. Data shows that DeepSeek’s share of AI traffic on the cloud platform Vercel has risen from less than 1% in May of this year to 17%. OpenRouter, an AI model aggregation platform, reported that DeepSeek’s usage doubled in the first half of 2026, making it the platform’s most popular model. It also noted that the share of tokens used by Chinese open-source models—including those from Xiaomi, MiniMax, and Tencent—has continued to rise, while the shares of Google and OpenAI have declined. (Bloomberg)
00:09
Ethereum Spot ETFs saw total net inflows of $26,925,200 yesterday, marking the fourth consecutive day of net inflows.
Svmuu News: According to SoSoValue data, the Ethereum spot ETF recorded total net inflows of $26,925,200 yesterday (July 7, Eastern Time).
The Ethereum spot ETF with the highest single-day net inflow yesterday was the BlackRock (BlackRock) ETF (ETHA), with a net inflow of $26,925,200. ETHA’s total historical net inflows now stand at $11,175,000,000.
As of press time, the total net asset value of the Ethereum spot ETF stood at $9.526 billion, with the ETF’s net asset ratio (its market value as a percentage of the total market capitalization of the Ethereum) reaching 4.42%; its cumulative historical net inflows have reached $10.937 billion.
Ethereum Spot ETFs saw total net inflows of $26,925,200 yesterday, marking the fourth consecutive day of net inflows.
00:08
Bitcoin Spot ETFs saw total net inflows of $21,435,000 yesterday, marking the third consecutive day of net inflows.
Svmuu News: According to SoSoValue data, the Bitcoin spot ETF recorded total net inflows of $21.435 million yesterday (July 7, Eastern Time).
The Bitcoin spot ETF with the highest single-day net inflow yesterday was the BlackRock (BlackRock) ETF (IBIT), with a net inflow of $54,799,000. IBIT’s total historical net inflow now stands at $60,258,000,000.
The spot ETF with the largest single-day net outflow yesterday among the was Fidelity’s (Fidelity) ETF FBTC, with a net outflow of $24,919,900. FBTC’s total historical net inflows now stand at $10,229 million.
As of press time, the total net asset value of the Bitcoin spot ETF stood at $77.259 billion, with the ETF’s net asset ratio (its market value as a percentage of the total market capitalization of the Bitcoin) at 6.05%; its cumulative historical net inflows have reached $51.366 billion.
Bitcoin Spot ETFs saw total net inflows of $21,435,000 yesterday, marking the third consecutive day of net inflows.
00:02
OpenAI: GPT-5.6 Sol, Terra, and Luna to Be Officially Released This Thursday
Svmuu News: OpenAI announced on X that GPT-5.6 Sol, Terra, and Luna will be officially released to the public this Thursday. OpenAI is currently gradually expanding preview access to these models worldwide.
7/7
23:53
A trader made a 1,253-fold profit on CASHCAT in 20 days, turning $838 into $1.05 million.
Svmuu News: According to Lookonchain’s monitoring, a trader purchased 15.04 million CASHCAT tokens for $838 20 days ago and has held them until today. After CASHCAT’s price rose, the trader sold 13.5 million CASHCAT for $917,600 and currently still holds 1.5 million CASHCAT, worth $133,700, for a total profit of $1.05 million.
23:52
Iran Announces Preliminary Response to the U.S.: Strikes on 85 Key U.S. Military Facilities
Svmuu News: The Islamic Revolutionary Guard Corps of Iran issued a statement saying that the United States has once again resorted to its habitual practice of breaking its word; early this morning, U.S. forces launched airstrikes against several coastal bases and civilian facilities in Hormozgan Province and the coastal areas of Mahshahr, in flagrant violation of the ceasefire agreement and in defiance of the the “Islamabad Memorandum of Understanding.”
As an initial response to this aggression, the IRGC Navy and Aerospace Force carried out a joint missile and drone operation, destroying 85 key U.S. military facilities located at Port Salman, the U.S. Fifth Fleet base in Bahrain, and the Ali Salim Air Base in Kuwait. At the same time, an enemy MQ-9 drone attempting to interfere with the operation was shot down. (Jin Shi)
23:39
BitMart Launches SK Hynix Celebration Event—Participate to Share in a 350,000 USDT Prize Pool
Svmuu News: According to official reports, BitMart has launched the SK Hynix Listing Celebration event, which will run from July 7 to July 17, 2026 (UTC). The total prize pool for the event is 350,000 USDT. Users who register and complete 10 USDT worth of TradFi futures trading can enter a raffle for a chance to win rewards such as 1 SK Hynix stock token, 200 USDT, and futures trading bonuses; Users can also participate in a prediction contest for the first-day price movement of the listing. Five users who correctly predict the price movement will be randomly selected, each receiving 1 SK Hynix stock token.
Furthermore, completing designated SK Hynix futures trading tasks during the event period will earn you scratch-off opportunities, with prizes including stock tokens, futures trading credits, and trading fee rebate coupons. Users who reach the corresponding cumulative trading volume thresholds and make it onto the leaderboard will also be eligible to share in 45 SK Hynix stock tokens.
23:33
CASHCAT, a meme coin on the Robinhood Chain, briefly surpassed a market capitalization of $90 million, rising more than 11-fold intraday.
Svmuu News: According to GMGN market data, the market capitalization of CASHCAT, a meme coin on the Robinhood Chain, briefly surpassed $90 million and is currently at $81 million, marking an intraday increase of more than 11 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.
23:30
Robinhood Co-Founder: Robinhood Chain Is Not Only Suitable for RWAs, but Also Ideal for Meme Coins
Svmuu News: Robinhood co-founder and CEO Vlad Tenev posted on X, stating that Robinhood is building the Robinhood Chain for real-world assets (RWAs), but that the network is also “well-suited for meme coins.”
23:21
A whale has opened a $31.08 million short position on BTC—40 times the amount—bringing its total exposure to $79.79 million.
Svmuu News: According to Onchain Lens, a whale opened a short position of 493 BTC on Hyperliquid, worth $31.08 million, with a leverage ratio of 40x. The opening price was $63,240.9, the liquidation price was $73,962.2, the unrealized P&L showed a profit of $112,400, and the ROE was 14.47%. Short positions currently account for 92% of this wallet’s 15 open positions, with a total exposure of $79.79 million and a historical total P&L of a loss of $5.66 million.
23:20
Sources: U.S. Department of Commerce Approves OpenAI's Widespread Rollout of the GPT-5.6 Model
Svmuu News: The U.S. Department of Commerce has approved OpenAI’s widespread rollout of the GPT-5.6 model. According to sources familiar with the matter, OpenAI is expected to officially launch GPT-5.6 on a large scale this week, having completed additional security testing and held multiple rounds of meetings with U.S. government officials. Previously, OpenAI was only authorized to roll out GPT-5.6 in phases to select government-approved institutions, similar to the release restrictions previously imposed on Anthropic’s Mythos and Fable models. (Axios)
23:16
Crude oil futures' main contracts rose across the board
Svmuu News: According to Gate data, the main crude oil futures contracts have collectively strengthened, with SC crude oil rising 5.08% to 461.7 yuan per barrel. Low-sulfur fuel oil (LU) rose 5.59% and is currently trading at 3,983 yuan per metric ton. Fuel oil rose 5.44% and is currently trading at 3,083 yuan per metric ton. The decline in asphalt narrowed to 1.04%, and it is currently trading at 3,805 yuan per metric ton.
23:11
South Korea's Ministry of Finance held an emergency meeting and warned that the semiconductor sector is too concentrated
Svmuu News: South Korea’s Ministry of Economy and Finance stated that Finance Minister Koo Yun-cheol has convened an emergency meeting with the governor of the Bank of Korea and the heads of financial regulatory agencies to address the recent sharp volatility in the South Korean stock market. The South Korean government said it will closely monitor various risk factors that could exacerbate market uncertainty and prevent market volatility from escalating further. Recently, the South Korean stock market has experienced increased volatility due to factors such as profit-taking by foreign and institutional investors, an anticipated correction in the AI sector, and portfolio rebalancing. The KOSPI index triggered its sixth circuit breaker of the year at one point this week.
In a statement, the South Korean government said, “Excessive concentration in the semiconductor industry has become a key factor amplifying financial market volatility, and the ripple effects of fluctuations in the chip sector on the overall market are continuously intensifying.” (Jin Shi)
23:06
Spot silver has risen 1% today and is currently trading at $60.60 per ounce.
According to Svmuu News, Gate data shows that spot silver has risen 1% today and is currently trading at $60.60 per ounce.
23:04
Binance To support the Metal DAO network upgrade and hard fork, MTL deposits and withdrawals will be suspended at 11:00 PM on July 8.
Svmuu News Binance announced that token deposits and withdrawals on the Metal DAO (MTL) network are expected to be suspended at 23:00 on July 8, 2026 (UTC+8) to support the network upgrade and hard fork.The network upgrade and hard fork are scheduled to take place at 00:00 on July 9, 2026 (UTC+8).
23:04
A single bet netted $106,900; a certain account correctly predicted a 3–2 score in the Argentina vs. Egypt match
Svmuu News: On-chain analyst Ai posted on X that the account 0xec4…6c92b correctly predicted a 3-2 score in this morning’s Argentina vs. Egypt knockout match, turning a $2,329.9 investment into a profit of $106,900, representing a return on investment of 4,488%.
22:38
Hitting a record low, Enlivex’s stock price—which holds RAIN tokens—fell to $0.42
Svmuu News Nasdaq: The stock price of publicly traded company Enlivex has fallen to a record low of $0.42 due to its holdings of RAIN tokens linked to Moshe Hogeg’s failed project.In November 2025, Enlivex transitioned from an arthritis biotechnology company to “the world’s first prediction market digital asset treasury company,” raising over $200 million through a private placement to invest in RAIN tokens.It currently holds approximately 78.8 billion RAIN tokens, with a nominal value of $1.2 billion, accounting for 12% of the circulating supply; however, the company’s market capitalization stands at only $118 million.
Moshe Hogeg, an Israeli crypto entrepreneur, is facing a $290 million law enforcement investigation. On-chain investigator ZachXBT stated in May that the RAIN token “provides liquidity for insiders to exit.”

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