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7/12
02:12
Svmuu News: Ripple CEO Brad Garlinghouse said that following the SEC’s lawsuit in 2020, he and co-founder Chris Larsen seriously considered shutting down the company and distributing their XRP holdings to shareholders. Garlinghouse said they chose to fight the SEC rather than shut down the company; that decision saved hundreds of jobs but cost Ripple approximately $150 million in legal fees over four years. Ripple ultimately prevailed after a federal judge ruled that XRP itself was not a security; the case was settled last year following a leadership change at the SEC, with the new leadership adopting a more lenient stance toward cryptocurrency. (CoinDesk).
02:11
Svmuu News: A three-day hearing regarding the Qian Zhimin 60,000-coin case (Bitcoin) was held from July 7 to 9, 2026. Blue Sky Greenergy officially joined the dispute over rights (Bitcoin) through the litigation receiver, transforming the contest (Bitcoin) from a “two-party confrontation” into a “three-party race.”British prosecutors argue that the assets should be confiscated by the state; Chinese victims claim they hold property rights traceable to Bitcoin, which has appreciated significantly in value; and the litigation trustee of Blue Sky Greenergy argues that Bitcoin constitutes substitute assets formed after Qian Zhimin embezzled company funds.The Bitcoin involved in the case were valued at approximately 427,000 yuan per coin in July of this year, representing a 152-fold increase from the cost price of 2,815 yuan at which Qian Zhimin purchased them in 2014.If the applicant successfully asserts its property rights-based interest in the relevant Bitcoin assets, the recoverable amount will not be limited to the loss of the original investment but may also extend to the appreciation gains from Bitcoin.The litigation receiver, acting on behalf of Blue Sky Greenergy, argues that the assets in question at Bitcoin essentially originated from misappropriated corporate assets, and the company has the right to trace them and assert property rights.The Director of Public Prosecutions of the United Kingdom continues to insist that Chinese law should apply, while the lead law firm representing individual victims has put forward four legal arguments: Bitcoin that English law should apply in the United Kingdom; that the investment contract was a scam, and upon its rescission, the beneficial interest reverts to the victims;the tracing mechanisms under Sections 305 and 306 of the Proceeds of Crime Act (POCA) should also apply to the victims; and using a “hybrid framework” to avoid having to choose between Chinese and British law.
02:08
Svmuu News: On July 12, Iranian Foreign Ministry Spokesperson Baghaei provided an update today (July 12) on the recent visit to Oman by the Iranian foreign minister and the talks that took place there. The foreign ministers of Iran and Oman held talks on the 11th in Muscat, the capital of Oman, The two sides discussed the coordination mechanism for navigation and traffic management in the Strait of Hormuz, with legal and technical delegations from both countries participating in the talks. Baghaei stated that the two sides focused on exchanging views on ensuring the safety of shipping in the Strait of Hormuz, respecting the sovereign rights of both countries, and the application of international law, and also discussed relevant provisions of Article 5 of the Islamabad Memorandum of Understanding. The Iranian side emphasized that future arrangements for the management of navigation in the Strait of Hormuz should be formulated through consultations between Iran and Oman, taking fully into account the military operations against Iran carried out by the United States and Israel over the past few months and their impact on the safety of shipping in the Strait of Hormuz. Bagaei stated that Iran and Oman agreed to continue consultations at the political, legal, and technical levels to reach a mutual understanding on the safety of shipping in the Strait of Hormuz. It is reported that a delegation from the Qatari government also participated in parts of the talks. (CCTV International News)
01:30
1. The U.S. Senate plans to consider the CLARITY Act during the week of July 20; at least seven Democratic senators are needed to pass it;
2. The U.S. military has struck more than 300 Iranian military targets in accordance with orders;
3. The Phantom wallet is experiencing issues with its transfer and exchange functions;
4. Singapore police and a cryptocurrency exchange prevented 145 potential fraud victims from losing over $4.2 million;
5. MoonPay apologized for falsely reporting the death of influencer MooDeng, which caused market concern: an “AI intern” test failed;
6. Custodia filed a petition with the U.S. Supreme Court to advance its six-year dispute with the Federal Reserve over its master account;
7. Tom Lee: Robinhood Chain further highlights ETH’s monetary attributes on-chain;
8. Donald Trump’s second son posted an image of ETH’s price surge, emphasizing that cryptocurrency is the future;
9. Bitcoin Holdings down 48%; Empire Digital sells 1,400 BTC to invest in AI data centers;
10. SK Hynix expects HBM prices to double by 2027, with the memory industry facing potentially the tightest supply in history.
01:23
Svmuu News: On July 12, an Iranian military spokesperson stated today (July 12) that the United States should abide by the relevant provisions of the memorandum of understanding. He said that U.S. attempts to open “illegal shipping lanes” in the Strait of Hormuz have exacerbated regional instability. The Iranian Armed Forces will safeguard the relevant rights and interests of the Iranian people in the Strait of Hormuz. The spokesperson also noted that the Iranian Armed Forces’ list of targets is being continuously updated. (CCTV International News)
01:18
According to Svmuu, Phantom posted on the X platform stating that the mobile app is now functioning normally. If users are still experiencing issues, they can try closing and restarting the app.
Previously, the Phantom wallet’s sending and exchange features experienced performance issues; the team stated that it had launched an investigation and implemented a fix.
01:15
Svmuu News: On-chain analyst ZachXBT posted that, over the past 48 hours,an address initially funded by the LAB team deposited 18.4 million LAB (approximately $18.3 million) into Aster and has been continuously selling on DEXs, causing the LAB price to drop from $1.20 to $0.55—a decline of about 54%.
According to ZachXBT’s investigation, the address received over 196 million LAB from the LAB team in April 2026,which it subsequently transferred in batches to a Bitget deposit address. In May, it withdrew approximately 100 million LAB from Bitget to 10 addresses, and began transferring funds to Aster earlier this week. Currently, the entity still holds approximately 81.5 million LAB.
ZachXBT noted that as early as May 2026, he had disclosed issues with the LAB team, including a lack of transparency in private sales and over-the-counter transactions, unilateral changes to the token vesting schedule, and control over more than 95% of the token supply.This price crash coincided with the timing of the rumored token unlock event, yet the LAB team responded only by citing “major market participants” as the cause. Furthermore, ZachXBT expressed disappointment that Bitget, Binance, and Gate failed to take action against the alleged market manipulation.
01:12
Svmuu News: Iranian Parliament Speaker Kalibaf stated in a post today that the era of unilateral agreements has come to an end. Previously, Iran had demanded that relevant parties fulfill their commitments and obligations, warning that they would pay the price if they failed to do so; now, it is time to face reality. Kalibaf also included an excerpt from Article 5 of the previous 14-point Memorandum of Understanding, which emphasizes the restoration of navigation through the Strait of Hormuz, subject to compliance with arrangements made by the Iranian side.
00:34
Svmuu News: Custodia Bank has filed a petition for review with the U.S. Supreme Court, seeking clarification on whether the presidents of regional Federal Reserve Banks have the authority to deny master account services to institutions. Custodia Bank had applied for a Federal Reserve master account on multiple occasions but was denied by the Federal Reserve in 2023 on the grounds that its novel business model and proposed focus on crypto assets posed significant safety and soundness risks. Custodia Bank subsequently appealed to the U.S. Court of Appeals for the Tenth Circuit, which ruled in favor of the Federal Reserve Bank of Kansas City in 2024. The U.S. Supreme Court will decide in October whether to hear the case. (Bitcoin.com News).
00:06
Svmuu News: According to Onchain Lens monitoring, two wallets (0x18B...E66 and 0x565...e55), which are suspected to be linked to the same entity and whose funds may belong to the hacker, spent 11.59 million DAI to purchase 6,358 ETH at a price of $1,823.
7/11
23:58
Svmuu News: The Iranian Revolutionary Guard Corps stated that it had targeted Al Udeid Air Base in Qatar, destroying a fighter jet maintenance center and a command-and-control center, and struck a U.S. military radar station in Kuwait as part of its retaliatory operations.
Furthermore, the Iranian military stated that the United States and Israel will jointly bear the consequences of U.S. actions and their devastating impact on regional security. (Jin Shi)
23:57
Svmuu News Bitcoin: Empery Digital, a holding company, disclosed that it has sold 1,400 BTC over the past two months at an average price of $62,200, raising a total of approximately $87.1 million to invest in AI data center projects and repay debt.Of this amount, a portion was used to acquire a 25% stake in an AI data center project, while $10 million was used to repay outstanding debt. Following this sale, Empery Digital’s holdings of Bitcoin have decreased by 48%; the company currently holds 1,514 BTC, valued at approximately $97 million at current prices.EMPD’s stock price rose as much as 4.2% in early trading and ultimately closed up 1.58%.
23:45
Svmuu News: U.S. Central Command: On July 11, it completed its third round of strikes against Iran this week. The U.S. military deployed land-based and carrier-based fighter jets, drones, and naval vessels to strike approximately 140 Iranian military targets with precision munitions. The targets included Iranian missile and drone bases, naval capabilities, ammunition storage facilities, communications networks, and coastal surveillance sites. (Jin Shi)
23:32
Svmuu News: During a six-week joint anti-fraud operation from April 16 to May 31, 2026, the Singapore Police Force’s Anti-Fraud Center and Cyber Investigation Department collaborated with Coinbase, Coinhako, Gemini, Independent Reserve,OKX, StraitsX, and Upbit to identify potential fraud victims using blockchain analysis tools from Chainalysis and TRM Labs. Through more than 145 targeted interventions—conducted via phone and in person—they prevented potential losses exceeding $4.2 million. Coinbase Singapore posted on X on July 10, stating that it had collaborated with the Singapore Police Force to prevent more than 145 people from suffering combined fraud losses totaling over $4.2 million. The Singapore Police Force stated that it will continue to work with cryptocurrency exchanges and other private-sector entities to combat cybercrime. (Bitcoin.com News).
23:11
Svmuu News: Iran’s Revolutionary Guard claims to have destroyed the command and control center and the MQ-9 drone hangar at Prince Hassan Air Base in Jordan. Last night, the United States once again attempted to provoke a confrontation in the southern Strait of Hormuz but was stopped by a forceful response from the Iranian Navy; continued U.S. aggression will lead to an even stronger response. (Jin Shi)
23:01
Svmuu News: Qatar’s Ministry of Interior stated that the country’s security threat level remains high and urged everyone to stay indoors or in a safe location. The ministry called on the public to follow safety instructions and avoid non-essential travel.
22:52
Svmuu News: On the evening of July 10, Eastern Time, SK Hynix CEO Kwak Noh-jung stated that 2027 will be the year with the tightest supply in the history of the memory industry.Currently, customers are seeking to sign long-term supply agreements with SK Hynix, and demand continues to grow, but the company faces capacity constraints.Kwak Noh-jung noted that although the company is expanding its production capacity, customer demand may still exceed the company’s supply capacity after 2030. Domestic industry investors who have previously engaged with South Korean memory manufacturers indicated that executives at major overseas memory companies are also closely monitoring the expansion progress of Chinese memory manufacturers, and that CXMT, and Yangtze Memory Technologies Co., Ltd. (YMTC) may become the biggest long-term variables in the future memory market.
22:25
Svmuu News: According to Iranian media reports on the 12th, Iran launched a series of strikes against U.S. targets in the Middle East. (Xinhua News Agency)
22:15
Svmuu News: According to Lookonchain’s monitoring, a certain whale has been steadily increasing its ETH holdings. Since June 30, it has withdrawn 49,400 ETH—worth $84.3 million—and 250 WBTC—worth $15.66 million—from Binance.
22:14
Svmuu News: Tom Lee, Chairman of Bitmine, posted on X stating that Robinhood Chain is rapidly becoming a phenomenon, with its trading volume already surpassing that of many established decentralized crypto exchanges. Tom Lee noted that Robinhood Chain uses ETH as its native gas token,all transaction fees are denominated in ETH and ultimately settled on the Ethereum Layer 1 network. This design further highlights ETH’s central role in the on-chain economy, and the notion that “ETH is money” is becoming increasingly clear.

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