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7/9
16:33
Svmuu News: Paul Grewal, Chief Legal Officer of Coinbase, will step down following the conclusion of the company’s years-long legal battle with U.S. regulators and join a startup. Coinbase announced that Molly Abraham will lead the company’s legal team as General Counsel, while Ryan Van Grack will assume the role of Vice Chairman and is expected to take on broader, more public-facing responsibilities.Grewal said he will continue to serve as an advisor to Coinbase and participate in work related to Coinbase’s trust charter through the Office of the Comptroller of the Currency. Abraham has been with Coinbase since March 2021, serving as vice president of corporate legal affairs and managing multiple legal teams. (CoinDesk).
16:03
Svmuu News Federal Reserve announced the leadership and objectives of the working groups. Warsh, Chair of the Federal Reserve, stated that the goal of the working groups is to position the Federal Reserve to best achieve its objectives; each ad hoc working group will operate independently and be supported by staff from the Federal Reserve; the working groups will focus on improving methods and tools; and the commitment to price stability and maximum employment remains “unwavering.”The five working groups are the Inflation Working Group, the Balance Sheet Working Group, the Employment Working Group, the Data Working Group, and the Communication Working Group. The working groups are led by several former global central bank governors, including King, Rajan, Fraga, and former Federal Reserve Board Member Stein.
15:38
Svmuu News: Sources familiar with the matter say lawmakers could introduce a new version of the Clarity Act—a bill addressing cryptocurrency—as early as next week. The new bill will incorporate the work of the U.S. Senate Banking Committee and the Agriculture Committee, but there are still issues to be resolved, including ethical concerns—one of the key demands of Senate Democrats. Democrats still need to approve the revised draft, which requires 60 votes to move forward in the Senate. (CoinDesk).
15:37
Svmuu News: On June 29, Strategy raised the annualized dividend on STRC to 12% and authorized a $1 billion buyback program covering four preferred securities—STRC, STRF, STRD, and STRK—with STRC as the initial priority for the buyback.Strategy disclosed that the funds for the buyback will not come from its approximately $2.55 billion in reserves but may come from the $1.25 billion Bitcoin monetization plan approved during the same period. STRC traded in the mid-to-high $80 range this week, dipping below $85 on some trading days—below Strategy’s long-term trading target of $99 to $100.Peter Schiff stated that STRC’s price below $87 reflects Wall Street’s skepticism regarding the growth rate of Bitcoin. (Bitcoin.com News).
14:45
Svmuu News: Dallas Fed President Logan stated that if the Federal Open Market Committee (FOMC) were to conduct open market operations through a voluntary central clearing mechanism, it would help improve the efficiency and effectiveness of such operations and enhance the stability of U.S. financial markets.Logan noted that such arrangements could improve the utilization of Federal Reserve tools, such as the Standing Repo Facility. This tool is designed to provide liquidity to eligible financial institutions, but its current market utilization remains low. She also noted that market leverage levels need to be managed prudently, and that financial markets must maintain an appropriate balance between the benefits and risks of leverage, as well as between leverage and liquidity.
14:32
Svmuu News: According to Bitcoin News, Bitcoin’s long-term holders, after adjusting for inflation, are incurring losses of $280 million per day—a 3.5-year high.
14:30
Svmuu News: Researchers from the Ethereum Foundation’s Protocol Security Team stated in a blog post on Thursday that they have deployed a series of AI agents to test software that relies on Ethereum, searching for vulnerabilities in cryptographic systems, protocol code, and smart contracts. Vulnerabilities discovered by the AI agents included a remotely triggerable panic issue in `libp2p.gossipsub`, the peer-to-peer layer used by Ethereum consensus clients. This issue has been fixed and disclosed on GitHub as CVE-2026-34219. The researchers explained that the AI agents were organized into specialized roles—such as reconnaissance, search, gap-filling, and verification—to identify potential attack vectors, reproduce failures, and verify whether they apply to production code. The Ethereum Foundation stated that AI does not replace security researchers but rather changes the way they work, enabling the team to cover a much broader scope than manual reviews alone. However, researchers must exercise greater caution when evaluating a large number of seemingly credible findings. (Decrypt).
14:25
Svmuu News Federal Reserve: The volume of overnight reverse repo agreements (RRPs) stood at $5.772 billion on Thursday, compared with $3.347 billion on the previous trading day.
14:18
Svmuu News: The U.S. Treasury auctioned $22 billion in 30-year Treasury bonds, with a winning yield of 5.058%, compared to 5.020% on June 11; the bid-to-cover ratio was 2.44, up from 2.30 in the previous auction.
13:07
Svmuu News: Eco has announced the integration of the TRON network. TRON will join Eco’s Unified Stablecoin Network, allowing users to deposit stablecoins directly into TRON applications within seconds. In the first quarter of 2026, TRON processed over $2 trillion in transactions and supported a circulating supply of $86 billion in USDT. This integration will allow businesses and developers to embed cross-chain stablecoin liquidity into their applications and access USDT liquidity between TRON and other supported networks via the Eco Routes CLI. Sam Elfarra, a spokesperson for the TRON DAO community, stated that Eco’s infrastructure will enable TRON’s 391 million users and developers to access liquidity and applications across multiple chains. As of July 2026, the TRON blockchain had recorded over 391 million user accounts, more than 14 billion total transactions, and a total value locked (TVL) exceeding $26 billion. (Bitcoin.com News).
12:57
Svmuu News: According to Gate data, WTI crude oil has plummeted 4% intraday and is currently trading at $71.54 per barrel. Brent crude oil has dipped to $76 per barrel, down 3.75% intraday.
12:49
Svmuu News: Hyperliquid and the non-custodial wallet Phantom have jointly submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC), calling for an update to regulatory rules governing on-chain trading infrastructure. Both parties believe that current CFTC rules were designed for the traditional financial system, which relies on centralized intermediaries, and are not suitable for DeFi. They recommend clarifying that developers of on-chain trading protocol software do not need to register as exchanges or clearing organizations, and that non-custodial wallet front-ends do not need to register as introducing brokers. They also propose allowing regulated entities to conduct trading and clearing operations using blockchain technology. Previously, in June, the CFTC and the U.S. Securities and Exchange Commission (SEC) jointly issued a draft notice seeking industry feedback on regulatory rules affecting financial innovation. (The Block)
12:36
Svmuu News: Anthropic has appointed Ben Bernanke, former chairman of the Federal Reserve, as a member of its “Long-Term Benefit Trust.” This oversight body is designed to ensure that the AI company remains accountable to its public mission.Bernanke will provide advice on issues such as the social impact of AI, including its potential to replace white-collar jobs and concerns that massive spending on new technologies is fueling financial bubbles.
As a member of the trust, Bernanke has the authority to appoint and remove members of the company’s board of directors and to advise senior management on key decisions, including those related to AI risks and social impacts. (Jin Shi)
12:25
Svmuu News: U.S. stocks rose as investors set aside concerns about the latest U.S.-Iran conflict and turned to buying tech stocks. Despite escalating tensions in the Middle East, investors remained focused on signs that the artificial intelligence investment boom remained strong following a sharp decline in chip stocks earlier this week. Goldman Sachs The group’s trading division wrote in a report: “Our client conversations do not indicate any substantive fundamental concerns regarding the outlook for AI trading or capital expenditures; clients generally believe that the recent market correction is primarily technical in nature rather than driven by fundamental factors.”
BlackRockEconomist Helen Jewell shares this view, noting that although the largest tech companies have begun generating negative free cash flow and are increasingly financing their expansion through the debt markets, investment commitments in the AI sector should continue to support this investment theme for at least another two to three years. (Jin Shi)
12:13
Svmuu News: According to data from MSX.COM, U.S. cryptocurrency-related stocks continued to rise, with MARA Holdings up more than 15%, Cipher Digital up more than 9%, TeraWulf up more than 6%, and Strategy and Robinhood up more than 2%.
12:11
Svmuu News Google has launched the AlphaEvolve AI code optimization agent for all Google cloud customers. (Jin Shi)
12:09
Svmuu News: Digital asset custody platform BitGo announced that it will launch post-quantum security tools for Bitcoin wallets in the coming weeks to help institutional clients assess, manage, and mitigate quantum computing-related risks associated with UTXO wallets.Building on BitGo’s multi-signature security architecture, the new tool will introduce features such as wallet key exposure management and UTXO optimization, and will include a UTXO grouping scheme—for which a provisional patent application has been filed—to mitigate the security risks associated with partial fund disbursements. (The Block)
12:05
Svmuu News: According to CoinGlass data, the total liquidation value in the cryptocurrency market over the past 24 hours reached $153 million, with long positions accounting for $59.8787 million and short positions for $93.2949 million. Specifically, BTC liquidations totaled $53.2831 million, ETH liquidations totaled $25.5944 million, SOL liquidations totaled $5.5416 million, and XRP liquidations totaled $1.3851 million.
11:45
Svmuu News: U.S. President Donald Trump: (Referring to Iran) “We have already won, especially in the military sphere.” (Jin Shi)
11:38
Svmuu News: OpenAI CEO Altman stated that the company made several adjustments during consultations with the Donald Trump government prior to the public release of its latest AI model.Altman said that in the weeks leading up to the full release of GPT-5.6, OpenAI engaged in collaborative, two-way communication with senior U.S. officials, including Commerce Secretary Lutnick and Treasury Secretary Bessent. Under pressure from the government to roll out the release in phases, the new model series was initially made available only to select partners.
After OpenAI indicated it had received approval from U.S. government leadership, GPT-5.6 was scheduled to be made available to the public on Thursday. Altman did not elaborate on the specific adjustments OpenAI made during this process, but noted that the government is testing the new model and looking for potential issues.“I think as long as the process is transparent, fair, and swift, it’s a good thing. The government does seem to share these goals, and I imagine the next time—with the next model—things will go more smoothly. We’ve come to understand the process and have a clearer idea of how to navigate it.” (Jin Shi)

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