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7/14
08:12
Svmuu News Ethereum EthSystems, a privacy technology company, has announced its official launch and secured strategic funding from ecosystem supporters including Bitmine, Sharplink Gaming, and Joe Lubin.
EthSystems focuses on developing privacy technologies for banks, asset management firms, and other regulated institutions, enabling them to execute financial transactions at scale on the Ethereum network while protecting sensitive information such as transaction details and customer identities. The company was founded by the core team of the Ethereum Foundation’s Institutional Privacy Task Force (IPTF).The team has previously conducted a year-long open-source R&D initiative publicly on the EthSystems website and has established partnerships with several central banks, regulatory bodies, major banks, and asset management firms.
EthSystems noted that while institutions have begun exploring stablecoins, tokenized assets, and settlement solutions based on the Ethereum, widespread adoption still faces privacy and compliance challenges.Financial institutions need more than just access to a blockchain network; they require a comprehensive infrastructure capable of safeguarding trade secrets, meeting regulatory requirements, and ensuring compatibility with existing financial systems. The goal is to build a “selective disclosure” privacy architecture that allows transaction participants to view only the information they are authorized to access, while preserving Ethereum’s core advantages of decentralization, security, and openness. EthSystems complements the efforts of two other organizations:
Ethlabs: Focuses on the research and development of the Ethereum core protocol and infrastructure;
Ethereum Institutional: Responsible for institutional partnerships, education, market research, and ecosystem coordination;
EthSystems: Focuses on application-layer technology, translating institutional needs into operational privacy protocols and financial systems.
08:11
Svmuu News: Galaxy, a digital asset financial institution, has officially launched GOFR (Galaxy On-Chain Financing Rate), an institutional-grade on-chain financing program. This product helps institutional clients indirectly access the DeFi on-chain credit market, with Galaxy serving as the sole counterparty. It aggregates interest rates from mainstream lending protocols such as Aave and Morpho to provide a single, optimized financing cost.Galaxy has initially committed up to $100 million of its own capital as first-loss protection to mitigate clients’ borrowing risks. The service supports native Bitcoin as direct collateral; clients do not need to manage wallets, private keys, or interact with smart contracts themselves, as Galaxy handles the entire process—including risk control and asset monitoring—on their behalf;The product is available to institutions, high-net-worth individuals, and accredited investors, with a minimum loan amount of $1 million per transaction. The head of Galaxy’s lending business stated that GOFR addresses the operational and risk management challenges institutions face when entering the on-chain credit market, balancing on-chain financing returns with a standardized risk-backstop mechanism. (galaxy)
08:10
Svmuu News: Flex announced the completion of a $70 million Series B1 funding round led by Halo Fund. The company’s core business is Flex Global, a stablecoin-powered cross-border banking platform that provides businesses with multi-currency account services covering 170 countries and 32 currencies. (Forbes Digital Assets).
08:08
Svmuu News: Stablecoin banking platform Flex announced the completion of a $70 million Series B1 funding round led by Halo Fund. The new funds will be used to expand Flex Global, its stablecoin-based cross-border commercial banking platform, to help mid-sized enterprises make global payments and manage their funds through stablecoin infrastructure. Data shows that the annual volume of stablecoin payments has reached approximately $390 billion, with business-to-business transactions growing by about 733% year-over-year. Meanwhile, Visa’s stablecoin settlement volume reached an annualized $7 billion as of April 2026, representing a 50% year-over-year increase. (Forbes)
08:08
Svmuu News: According to market reports, Buffett plans to sell off his entire stake in Berkshire Hathaway within eight years.
08:07
Svmuu News: Rezaei, military adviser to Iran’s Supreme Leader Mojtaba Khamenei, said today (July 14) that “the Iran-U.S. Memorandum of Understanding no longer exists, and the enemy has officially entered a state of war.” (CCTV International News)
08:06
Svmuu News: Velocity, a stablecoin payment infrastructure startup, announced the completion of a $38 million Series A funding round. The round was led by crypto investment firm Dragonfly, with participation from Coinbase, Capital One Ventures, and Wintermute, among others.Velocity CEO Eric Queathem did not disclose the company’s post-funding valuation. Founded in 2025, Velocity focuses on providing stablecoin payment solutions to enterprises, payment service providers, fintech companies, and financial institutions, helping them optimize cross-border payments, fund settlement, and cash management processes using U.S. dollar-pegged tokens.
Currently, Velocity operates in the United States, parts of Europe, and Australia. Moving forward, the company plans to use the new funding to apply for licenses and expand its operations into Africa and Latin America, while also investing in building more secure asset custody infrastructure and developing new features, including stablecoin yield products. (Fortune)
08:05
According to Svmuu, Michael Saylor, founder of Strategy, posted on X that Bitcoins are digital capital, and Strategy is converting them into digital credit.
08:04
Svmuu News: JCB, Japan’s largest bank card network, has signed an agreement with Circle to explore the use of the USDC stablecoin for cross-border payments and merchant transactions. The collaboration will begin with a proof-of-concept for internal fund transfers at JCB and aims to improve payment efficiency, reduce remittance costs, and ease the burden of currency exchange for tourists.This initiative comes as Japan pushes for the adoption of stablecoins, including a plan by Lawson convenience stores to begin testing yen-denominated stablecoin payments in August. (CoinDesk).
08:03
Svmuu News: According to Onchain Lens, one hour ago, BlackRock transferred 2,990 BTC—worth approximately $187.3 million—to the Coinbase Prime hot wallet.
08:00
Svmuu News: According to Onchain Lens, BlackRock transferred 2,990 BTC—worth $187.3 million—to the Coinbase Prime hot wallet one hour ago.
07:59
Svmuu News: HSBC analysts maintained their “Sell” rating on IBM Corp. and raised their price target from $190 to $191. (CLS)
07:59
Svmuu News Ethereum ZK Layer 2 Starknet has officially launched STRK20, a compliant privacy framework that provides native privacy transaction capabilities for various types of digital assets on-chain.The framework operates based on a privacy pool mechanism. Once users’ assets are deposited into the privacy pool, all transactions are fully encrypted, and information such as transfer addresses and amounts remains invisible to the public. Developers can quickly integrate this privacy system using the accompanying SDK and wallet API to accommodate the private transfer needs of various ERC-20 assets.STRK20 incorporates a comprehensive compliance process: users must complete a preliminary review before entering the privacy pool; the platform will only disclose specific user information, corresponding time periods, or designated transaction records in response to legally valid formal inquiries and following an independent assessment, ensuring that the privacy data of unrelated users is not disclosed.
07:59
Svmuu News: The Omani Ministry of Foreign Affairs issued a statement on the 14th (local time), stating that in light of recent discussions regarding navigation in the Strait of Hormuz, Oman will continue to cooperate with all parties in a transparent and neutral manner to promote the restoration of freedom of navigation in the Strait of Hormuz and ensure that relevant arrangements are fully in accordance with international law. The statement noted that Oman will continue to fulfill its obligations as a State Party to the United Nations Convention on the Law of the Sea and called on all relevant parties to respect international law and address related issues in accordance with it. (CCTV News)
07:57
Svmuu News: a16z Crypto released an analysis stating that traditional finance (TradFi) is not merging with decentralized finance (DeFi), but rather selectively adopting blockchain technology that meets its own needs. A long-standing narrative in the crypto industry holds that DeFi and TradFi will eventually merge, combining open liquidity with institutional distribution to form a new system superior to traditional finance. However, the reality may be different.
The core driver behind traditional finance’s adoption of blockchain is not the concept of decentralization, but rather business efficiency. As long as blockchain can help institutions reduce costs, improve settlement efficiency, expand distribution channels, and strengthen customer relationships, they will adopt the relevant technology. “TradFi is not entering DeFi; rather, it is leveraging the aspects of DeFi that fit its own operational model and reshaping these technologies to meet institutional requirements.”
a16z Crypto suggests that a new category of financial infrastructure may emerge in the future—“programmable financial infrastructure”—which is built on blockchain but optimized for institutional constraints. The blockchain technologies currently being adopted by institutions primarily include:
Atomic Settlement: Reduces counterparty risk and decreases collateral tied up;
Shared Ledgers: Reduces back-office reconciliation costs;
Programmable Money: Enables the automated execution of interest payments, margin management, and corporate actions;
Automated Market Makers (AMMs): Reapplied to on-chain foreign exchange and tokenized asset pricing.
07:55
Svmuu News: Cloud computing service provider Nebius Group announced that it has reached an agreement with AI model developer Reflection AI to sell it more than $1 billion worth of computing power. According to statements from both parties, the agreement is valid through 2029, and Reflection AI will gain access to computing resources powered by NVIDIA GB300 AI chips to support its AI model research and development. (Bloomberg)
07:54
Svmuu News: Nous Research, the startup behind the open-source AI agent Hermes, has completed a new round of funding. The round raised at least $75 million, bringing the company’s post-funding valuation to $1.5 billion. The round was led by Robot Ventures, with participation from several prominent institutions, including Union Square Ventures (USV). Its core product, Hermes—an open-source local AI agent—has accumulated 214,000 stars and nearly 40,000 forks on GitHub. It supports local deployment and operation on personal computers and virtual servers, and possesses autonomous capabilities such as web search and code generation. (TechCrunch)
07:44
Svmuu News: Z.AI announced on HKEX that its English name has been changed from Knowledge Atlas Technology Joint Stock Company Limited to Z.AI Co., Ltd. The company’s Chinese name, “Beijing Zhipu Huazhang Technology Co., Ltd.,” will remain unchanged.
07:40
Svmuu News: According to market data from BIT (bit.com), IBM’s pre-market losses on the U.S. stock market have widened to more than 20% after the company’s preliminary Q2 revenue and net income fell short of expectations.
07:40
Svmuu News Bitcoin Mining company CleanSpark announced that it has signed a 20-year data center lease agreement with an unnamed global technology company, with a total value of approximately $6.6 billion.Under the agreement, the technology company will lease CleanSpark’s data center campus in Sandersville, Georgia. Additionally, the tenant has secured exclusive rights to CleanSpark’s portfolio of data centers in Texas, with a potential capacity of up to 885 MW.The market views this partnership as a sign that CleanSpark is accelerating its transition from traditional Bitcoin mining operations to AI computing and high-performance data center infrastructure. Perhaps influenced by the news, CleanSpark’s stock rose by more than 20% at one point during pre-market trading on Tuesday. (The Block)

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