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7/12

04:09

OpenAI: GPT-5.6 Sol Ultra Solves a 50-Year-Old Graph Theory Problem in One Hour

Svmuu News: OpenAI researcher Ethan Knight stated on the social media platform X on the 12th that GPT-5.6 Sol Ultra has generated a proof paper and prompts regarding the “Cyclic Double Cover Conjecture,” a representative unsolved problem in graph theory. The model generated the results in approximately one hour without using internet searches, under a configuration with up to 64 parallel sub-agents.
The 3-page paper published by OpenAI first reduces the problem to a triregular graph, then applies the 8-flow theorem and GF(3) labels, and uses linear algebraic methods to construct a structure where each edge is contained in exactly two cycles. This result has not yet been published in an academic journal or peer-reviewed, nor has it been verified by formal verification systems such as Lean or Coq. Thomas Bloom, a mathematician at the University of Manchester in the UK, described the proof as “excellent” but noted that its references were insufficient. (ZDNet Korea Semiconductor).

03:34

A court in the State of São Paulo has ordered Coinbase to reimburse users whose funds were stolen from self-custody wallets nearly $100,000.

Svmuu News: A court in the state of São Paulo, Brazil, has ordered Coinbase to refund nearly $100,000 to a user who claimed that funds deposited into the Coinbase wallet had disappeared in unauthorized transactions. Coinbase The company argued that the wallet’s private key was entirely under the user’s control, but failed to prove that the transaction was initiated by the wallet holder or that security measures were in place to prevent such an outcome. The court issued its ruling based on relevant provisions of the Consumer Protection Law and ordered Coinbase to refund the full amount plus statutory interest. (Bitcoin.com News).

03:20

Iran Says It "Controls and Defends" the Strait of Hormuz "Through Its Military Might"

Svmuu News: On the 12th local time, Ibrahim Rezaei, spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee, posted on social media that Iran “controls the Strait of Hormuz through its strength and will also defend the Strait of Hormuz through its strength.” Rezaei emphasized that Iran will continue to resolutely safeguard its rights and security in the Strait of Hormuz. (CCTV News)

02:59

Binance The wallet is now integrated with Robinhood Chain

Svmuu News: The Binance wallet has integrated Robinhood Chain, and users can now directly access and trade Robinhood Chain tokens within the Binance wallet app and browser extension. The Binance browser extension must be updated to version v1.14.0 or later to use this feature.

02:53

BIP-110 Bitcoin: As the deadline for the data limit proposal approaches, miner support stands at 0

Svmuu News Bitcoin The BIP-110 proposal is approaching its early August deadline. Currently, miner support stands at less than 1%, the current cycle is 0, and no major mining pools have endorsed it yet.BIP-110, formally titled “Temporary Soft Fork to Reduce Data,” plans to limit the OP_RETURN data capacity within one year, prohibit the writing of most arbitrary data exceeding 256 bytes, and restrict certain script formats primarily used for data storage.Michael Saylor, founder of Strategy, and Adam Back, co-founder of Blockstream, have both publicly opposed BIP-110.Data shows that BIP-110 employs a user-activated soft fork mechanism with a 55% miner signal threshold; the percentage of nodes running BIP-110 software remains in the single digits, primarily consisting of Bitcoin Knots users.The current signaling period for this proposal will end around block height 959,615. It is expected to enter a voluntary lock-in period in early August and is scheduled to activate around September. If widespread support is still lacking by then, it could lead to a minority of nodes forming a fork.

02:28

Turkish Prosecutors Indict Criminal Ring Involved in $850 Million Cryptocurrency Money Laundering Scheme

Svmuu News: Turkish prosecutors have filed charges against a large-scale money-laundering network linked to the “Grand Bazaar,” involving nearly 40 billion Turkish lira, equivalent to approximately $850 million. The indictment lists 504 suspects, who are accused of using shell companies, bank accounts, currency exchange offices, POS terminals, and cryptocurrency transactions to conceal illicit proceeds. The suspects are also accused of converting illicit funds into cryptocurrency and transferring them abroad, as well as luring victims into fraudulent investment schemes by promising high returns. Prosecutors are seeking a maximum sentence of 34.5 years in prison for the alleged mastermind, Türker Ak, and a maximum of 31 years for the alleged network manager, Murat Dönmezoğlu.

02:12

Brad Garlinghouse: Ripple Once Considered Shutting Down the Company and Distributing XRP to Shareholders

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

Hearing Held in Qian Zhimin’s 60,000 BTC Case; Blue Sky Greenergy’s Litigation Trustee Joins the Battle for Rights

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

Iran: Future Navigation Through the Strait of Hormuz to Be Determined Through Consultations Between Iran and Afghanistan

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

Svmuu Noon News

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

Iran says its list of military targets is constantly being updated

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

Phantom: The mobile app is now back to normal

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

ZachXBT: Addresses linked to the LAB team are suspected of market manipulation; the coin's price has fallen more than 54% in 48 hours

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

Iranian Parliament Speaker Says the Era of Unilateral Agreements Is Over

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

Custodia Files Petition with the U.S. Supreme Court to Advance Its Six-Year Dispute with the Federal Reserve Over a Master Account

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

Funds suspected to be linked to hackers were spent from two addresses to purchase 6,358 ETH using 11.59 million DAI

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

Iranian Revolutionary Guard: We Have Struck the Al Udeid Air Base in Qatar and a U.S. Military Radar Station in Kuwait

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

Bitcoin With holdings down 48%, Empery Digital sold 1,400 BTC and shifted its focus to AI data centers

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

The U.S. military has struck more than 300 Iranian military targets in accordance with orders

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

Singapore Police and a Cryptocurrency Exchange Prevented 145 Potential Fraud Victims from Losing Over $4.2 Million

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).

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