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7/16
13:21
Svmuu News: Federal Reserve official Logan stated that the Fed should raise interest rates to combat high inflation. June inflation data showed that price increases were slowing, but not enough to convince her that inflation was back on track toward the Fed’s 2% target. Logan noted that the June CPI data suggest inflation may return to the target level, presenting a more optimistic outlook, but that this path remains fragile. She currently believes that a moderate increase in interest rates would help better balance the outlook and risks.
13:13
Svmuu News BlackRock: 1,246 BTC, worth approximately $80.6 million, and 3,542 ETH, worth approximately $6.69 million, were withdrawn from Coinbase Prime.
12:57
Svmuu News: The U.S. Department of the Treasury has added four cryptocurrency wallets linked to the Central Bank of Iran to its sanctions list. As a result, Tether has frozen $131 million worth of USDT, bringing the total amount frozen to approximately $475 million.
12:54
Svmuu News: Summer Mersinger, CEO of the Blockchain Association and former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), stated that the main text of the Digital Asset Market Clarity (CLARITY) Act being advanced by Congress is nearly complete, with only a few details remaining to be addressed.
Mersinger noted that if lawmakers reach an agreement on the ethics provisions, the Senate could hold a vote as early as next week. She said that ethics issues are currently the main focus; the White House held a meeting with some Republican senators that day, and the outcome still requires Democratic acceptance or amendments before a consensus can be reached.
On Tuesday, three Senate Democrats stated they would not support the crypto market framework bill in the absence of clear ethics provisions, citing financial disclosure requirements and potential corruption risks related to digital assets under the “Donald Trump.” Republicans hold only a slim majority in the Senate, so the bill’s passage requires the support of several Democrats.
12:54
Svmuu News: The prediction market platform predict.fun has announced that a Maker order rebate mechanism is now available for all Up/Down markets. Users who execute trades via limit orders will receive a 25% rebate on Maker fees.
Compared to Polymarket, predict.fun’s Maker rebate program offers two key advantages: a higher rebate rate and no need to wait for settlement—rebates are credited in real time upon execution.
For high-frequency traders, professional market makers, and users who regularly use limit orders, real-time rebates allow for faster capital release and reduce the ongoing erosion of trading profits by fees; the higher rebate rate also means that as trading frequency and volume increase, the actual cost savings will become more significant.
This mechanism currently covers all Up/Down markets on predict.fun. Users do not need to register or submit additional applications; once eligible limit orders are executed, rebates will be automatically credited to their accounts.
12:53
Svmuu News: The Base Ecosystem Fund has released “Request for Builders: Funding the Future of Global Finance,” announcing that it will provide early-stage funding and ecosystem resources to startup teams committed to building the next generation of global financial infrastructure. Its goal is to build a secure, trustworthy global financial infrastructure that enables the financial system to operate 24/7 and supports large-scale transactions through deep liquidity. However, the value of the infrastructure ultimately depends on the applications built on top of it, so the fund seeks developers and entrepreneurs capable of creating real-world use cases.
The Base Ecosystem Fund will focus on supporting projects in the Pre-Seed and Seed stages, providing both capital investment and technical, ecosystem, and business support from the Base team. The key investment areas announced include:
1. Tokenization: Base is focusing on bringing real-world assets (RWAs) onto the blockchain, including income-generating assets, short-term working capital instruments, invoice financing, trade finance, revenue-sharing financing, as well as long-term assets such as REITs, copyright royalties, and private credit funds. The fund aims to support teams with expertise in asset issuance and management.
2. Stablecoins and Emerging Market Finance: Base is bullish on the application of stablecoins in cash-dominated markets, including bridging offline cash networks with stablecoin payment systems and driving the development of local-currency stablecoins to provide users with lower-cost payments, savings, and financial services.
3. On-chain Credit and Lending: The fund focuses on areas such as unsecured consumer credit and multi-party credit systems, aiming to leverage zkTLS, smart contracts, and stablecoin infrastructure to establish new models for credit assessment and loan distribution.
4. Prediction Markets: Base believes that conditional asset markets and vertical prediction markets still hold significant potential in areas such as politics, culture, insurance risk management, and clinical trials, enhancing the ability to uncover information about future events through market mechanisms.
5. Bringing Traditional Finance On-Chain: The fund focuses on institutional-grade financial infrastructure such as foreign exchange markets and on-chain bilateral agreements, aiming to reshape traditional financial markets using stablecoins, smart contracts, and on-chain settlement systems.
6. Commercial Applications of AI Agents: Base states that, with the rapid development of AI agent infrastructure, the next phase will shift the focus from “building agents” to enabling agents to actively participate in consumer transactions—including smart shopping, automated settlement, booking services, and commercial scenarios based on stablecoins and the x402 protocol.
In addition, Base is focusing on SKU tokenization, aiming to transform traditional Web2 product catalogs into on-chain composable assets, enabling AI Agents, wallets, and trading platforms to directly discover, trade, and purchase goods. The Base Ecosystem Fund noted that while the above directions represent current areas of focus, the most important signals still come from entrepreneurs’ own assessments of the future financial system. Teams that align with these directions or are exploring related fields are welcome to apply to join the Base ecosystem.
12:53
Svmuu News: The Base Ecosystem Fund has released “Request for Builders: Funding the Future of Global Finance,” announcing that it will provide early-stage funding and ecosystem resources to startup teams dedicated to developing the next generation of global financial infrastructure. The initiative aims to build a secure and trustworthy global financial infrastructure that enables the financial system to operate 24/7 and supports large-scale transactions through deep liquidity.
12:27
Svmuu News: The tokenization platform Tradable plans to bring up to $1 billion in private credit assets onto the Stellar blockchain to expand institutional access to tokenized RWA. The initiative is expected to offer $500 million in notional value assets at launch, with the amount increasing to $1 billion over time.
Tradable will use the Stellar network to support institutional functions such as compliance, investor onboarding, and asset lifecycle management; a specific launch date has not yet been disclosed. Tradable stated that it has already tokenized $1.7 billion in private credit assets across nearly 30 institutional-grade private credit positions.
Denelle Dixon, CEO of the Stellar Development Foundation, said the agreement reflects growing institutional interest in using the Stellar network for tokenized RWAs. Stellar has recently maintained a strong focus on tokenized RWAs and has attracted institutional partners such as the Depository Trust & Clearing Corporation.
12:19
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that Nadine Chakar, head of DTCC Digital Assets, said on the “Trillions” show that DTCC processes $400 trillion in settlements annually, and that no blockchain currently exists capable of handling that scale, so DTCC is collaborating with Canton, Stellar, and several other parties to advance tokenization projects on Wall Street.
12:17
Svmuu News: According to market reports, Google (GOOG.O) has launched Gemini Omni and updated the Google Vids personal digital avatar feature. Google Vids has rolled out Gemini Omni and the personal digital avatar feature, which are available to Google AI Pro and AI Ultra subscribers, as well as Workspace enterprise customers. (Jin Shi)
12:08
Svmuu News: According to market reports, Intel and Google are collaborating to drive Intel’s enterprise AI transformation. Intel will integrate advanced Gemini-powered generative AI for its global workforce and is currently exploring solutions based on the Google cloud to help teams streamline marketing and communication workflows. (Jin Shi)
12:03
Svmuu News: Cumberland announced on Platform X that its Singapore subsidiary, Cumberland SG Pte. Ltd., has been granted an MPI license by the Monetary Authority of Singapore, authorizing it to provide digital payment token services and cross-border money transfer services.
12:01
Svmuu News: Trasia Labs announced the completion of a $35 million seed round led by Multicoin Capital. The project’s core business is the development of Trasia, an Asia-first, non-custodial trading platform built on Hyperliquid, which focuses on providing liquidity for Asian stock Perps. The funds will be used to launch web and mobile applications, drive user growth, and launch the first HIP-3 market focused on Asian securities.
12:01
Svmuu News: Trasia announced that it has raised $35 million, including a $1.75 million seed round led by Multicoin Capital.
Trasia Labs is the development team behind Trasia, a non-custodial trading platform built on Hyperliquid. This funding will be used to drive the launch of its web and mobile applications, accelerate user growth, and launch the first HIP-3 markets focused on Asian securities assets.
Following this funding round, Trasia’s web-based trading interface has officially launched, initially supporting both Chinese and English. The platform is built on Hyperliquid.
Trasia’s mobile trading interface will offer a user experience comparable to that of leading Asian exchanges, making trading on global markets familiar and simple. Initially, the platform will offer Hyperliquid’s native HIP-3 markets, with plans to launch its own HIP-3 markets later this year.
11:58
Svmuu News: According to data from MSX.COM, the U.S. stock market’s storage sector continued to decline, with SanDisk’s losses widening to 10.07% and its total market capitalization standing at $215.1 billion.Western Digital (WDC.O) fell nearly 9%, SK Hynix ADR (SKHY.O) dropped 8.6%, and Micron (MU.O) fell more than 5%.
11:53
Svmuu News: Ethena announced on X that it has officially launched on the Monad blockchain. USDe and sUSDe are now available across the entire Monad ecosystem, including integration with Monad’s Aave instance, allowing Ethena users to borrow stablecoin liquidity at scale. Additionally, the parallelized EVM version of USDe is now live.
11:50
Svmuu News: The Iranian Foreign Ministry issued a statement calling on neighboring countries on the southern shore of the Persian Gulf to immediately take measures to prevent their land, waters, and airspace from being used for military operations against Iran, in order to avoid further escalation of regional conflict. The statement noted that Iran does not want the United States and Israel to use this situation to exacerbate tensions and mistrust among countries in the region. Furthermore, the Iranian side emphasized that there are no hostile relations between Iran and its neighboring countries. Iran has consistently maintained that the only path to achieving lasting regional security is for countries in the region to strengthen dialogue and cooperation and to jointly maintain regional stability without extraregional military presence or external interference. (CCTV News)
11:44
Svmuu News: A Bitcoin wallet that had been inactive since late 2017 transferred 5,907.56 BTC—worth approximately $384 million—to a new address on Thursday.
According to Galaxy Research data, these BTC were originally received on December 14, 2017, and were transferred in block 958217 (Bitcoin) at approximately 00:15 UTC.The firm estimates that the position has appreciated by approximately $286 million from an average purchase price of about $17,000, representing a 291% gain.
The funds were transferred to a previously unidentified wallet rather than a known exchange deposit address, and on-chain data does not indicate that the holder has sold any Bitcoin. This transfer also moved the BTC from a traditional address beginning with “1” to the newer bc1q address format.
11:40
Svmuu News: The U.S. Commodity Futures Trading Commission (CFTC) is investigating a potential insider trading incident involving the prediction market platform Kalshi. An employee allegedly responsible for operating the teleprompter for Donald Trump is accused of placing bets on contracts related to the event in question.
According to reports, the employee may have used advance access to the content of Donald Trump’s public remarks to place bets on the Kalshi platform Donald Trump regarding whether specific statements would be made or included in the speech. The CFTC is currently investigating whether the transactions involved the use of non-public information and whether they violated prediction market trading rules.
This investigation has once again drawn market attention to the risks of insider trading in prediction markets. As trading volumes on platforms such as Kalshi and Polymarket grow rapidly, prediction contracts related to political, economic, and public events are increasingly coming under scrutiny by regulators. (CNBC)
11:30
Svmuu News: Nikita Bier, Product Lead for the X platform, posted that the platform is upgrading the anti-cheating mechanisms for its Creator Revenue Share program, with a focus on cracking down on engagement manipulation and content plagiarism.
Bier noted that accounts that repeatedly post “engagement-inducing” content—such as phrases like “Reply to me and I’ll follow everyone”—to artificially boost engagement, and accumulate three or more such instances, will be removed from the Creator Revenue Share program and referred to the policy team for further action, including the risk of account suspension. Currently, X is using its Grok AI system to identify such behavior, and nearly 4,000 accounts have already been removed from the revenue program today.
Additionally, X’s updated content recognition model can detect duplicate content three times more efficiently than before. The platform stated that simply adding watermarks, intros, or making minor modifications will not generate revenue; related monetization earnings will be returned to the original content publisher. This mechanism also applies to the copying of viral text posts, such as highly shared content like “Twitter is the smoking area of the internet.”
According to Nikita Bier, X identified approximately 1.5 million instances of plagiarized content during this detection cycle. For accounts that repeatedly or intentionally evade detection, the platform will revoke their eligibility for creator revenue.
X stated that through these enforcement measures, it expects to redistribute more than $1 million in revenue to original content creators to improve the quality of the platform’s content ecosystem.
11:25
Svmuu News: According to Lookonchain data, the U.S. "Bitcoin" ETF saw net inflows of 1,632 BTC today, with net outflows of 2,975 BTC over the past 7 days; the "Ethereum" ETF saw net inflows of 23,567 ETH, with net inflows of 28,875 ETH over the past 7 days.
11:14
Svmuu News: The Clarity Act will establish clear federal rules for centralized platforms, brokers, dealers, and custodians that consumers use to buy, sell, and hold digital assets, covering matters such as registration, regulation, disclosure, custody, asset segregation, market integrity, conflicts of interest, fraud prevention, and bankruptcy.
Following FTX’s collapse nearly four years ago, many consumers were unable to confirm where their assets were held, whether they were segregated from the platform’s funds, or how their assets would be handled in the event of the company’s failure. Regulators, bankruptcy courts, and law enforcement agencies subsequently addressed these issues.
11:12
According to Svmuu, Robinhood Launchpad Noxa posted on X stating that after its domain was delisted, the registrar appears to have resold or taken over the domain; the exact circumstances remain unclear. Currently, the team no longer has control over the original domain, and the only accessible interface is the one hosted on ENS.
11:10
Svmuu News: U.S. prosecutors have revealed that a federal grand jury has filed 29 criminal charges against Benjamin Paul Wiener, a cryptocurrency investor from Sioux Falls, South Dakota. The charges include wire fraud, money laundering, bank fraud, and aggravated identity theft, involving approximately $20 million.
According to the indictment, Wiener, 43, is accused of inducing investors to invest funds and digital assets in multiple companies under his control through false representations. Victims span South Dakota and Minnesota, involving dozens of investors. Prosecutors allege that after obtaining the funds, Wiener transferred assets through banks and cryptocurrency exchanges to conceal the source, ownership, and control of the funds, and used a portion of the funds for personal expenses.
Prosecutors also allege that when cash flow became tight or investors demanded redemptions, Wiener would continue to recruit new investors and use the subsequent funds to repay earlier investors, operating in a manner suspected of being a Ponzi scheme. It is reported that he used eight companies, including several LLCs, to carry out these activities.
In addition, Wiener is charged with forging documents and communication records in April 2025 and using another person’s identity to fraudulently obtain a $1 million line of credit from a financial institution in Sioux Falls.
Wiener appeared in court on July 10 and pleaded not guilty to all charges. He was released after posting bail, and the case is scheduled to go to trial on September 15. Under U.S. law, telecommunications fraud and money laundering carry a maximum sentence of 20 years in prison, bank fraud carries a maximum sentence of 30 years, and aggravated identity theft carries a mandatory minimum sentence of at least two years to be served consecutively. The U.S. Internal Revenue Service Criminal Investigation Division (IRS-CI) and the Federal Bureau of Investigation (FBI) are jointly investigating the case. (The Block)
11:06
Svmuu News: Quote Trade has announced the completion of a $4 million funding round. The funds will be used to expand support for more blockchain and digital assets, strengthen liquidity partnerships, hire engineering and trading staff, and continue developing infrastructure that enables AI-powered autonomous trading agents to work in tandem with human traders.
11:06
Svmuu News: OpenAI Chairman Bret Taylor said in an interview with CNBC that the company currently has no updates regarding its initial public offering (IPO) plans. The interview focused on OpenAI’s newly launched AI agent tool and covered topics such as the outlook for corporate AI spending, the lawsuit involving Apple, and trends in the AI industry.
As OpenAI’s valuation continues to rise and competition in the AI industry intensifies, the market has remained highly focused on its IPO timeline. However, Taylor’s remarks suggest that OpenAI has no plans to announce new IPO arrangements in the near term.
11:04
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted that Micron ($MU) announced today that it had signed a long-term memory supply agreement with Qualcomm ($QCOM), but the market reaction was somewhat unexpected, with Micron’s stock price subsequently falling 5.37%.
Serenity believes that, against the backdrop of the AI industry chain continuing to sign long-term supply agreements to lock in future demand, there are currently no obvious signs of deteriorating fundamentals for memory and AI-related stocks.
He noted that the recent sector correction is more likely the result of market deleveraging and a chain reaction triggered by margin pressures, rather than a reversal in AI demand or trends in the memory industry.
Serenity pointed out that as AI infrastructure development continues to advance, both upstream and downstream players in the industry chain are strengthening supply guarantees through long-term agreements; short-term market fluctuations may reflect liquidity conditions and valuation adjustments rather than changes in the long-term growth narrative.
11:03
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” published an analysis stating that if Sivers secures approximately 10% of the wafer production capacity from contract manufacturer Win Semi through an asset-light model,assuming a 65% yield rate and an ASP of $50 to $75, annual revenue from its optical array products could reach $341 million to $512 million.Based on management’s target gross margin of 50% to over 60%, this would correspond to annual gross profit of approximately $205 million to $307 million.
Based on Sivers’ current market capitalization of approximately $1.1 billion, the price-to-gross-profit multiple under the above scenario is only about 3.6 to 5.4 times;If production capacity allocation increases to 15%, annual gross profit is expected to rise to $307 million to $461 million, further lowering the corresponding valuation multiple to 2.4 to 3.6 times.
Serenity notes that Sivers’ CEO has previously confirmed the company is collaborating with more foundries to expand production capacity, and since 2024, the scope of the company’s supply chain certifications has also been continuously expanding. As the co-packaged optics (CPO) market accelerates, future revenue guidance and production capacity plans may be further revised upward.
On the demand side, continuous-wave (CW) laser supply remains tight. Lumentum’s earnings report indicates that the company has begun sourcing CW lasers from the open market to fulfill EML orders; TrendForce data shows that AMD is securing relevant production capacity through long-term agreements.Serenity believes that as Sivers advances mass production with partners such as GlobalFoundries, Jabil, Ayar Labs, POET, and O-Net, any new, certified independent production capacity is likely to be rapidly absorbed by the market.
Furthermore, a recent Morgan Stanley report has listed Sivers—with a market capitalization of approximately $1.1 billion—as one of the three core players in the CPO laser sector, alongside Coherent and Lumentum, both of which have market capitalizations exceeding $55 billion.Serenity believes that, in addition to its existing business, Sivers may expand its total addressable market (TAM) through mergers and acquisitions following its IPO on theNasdaq, replicating Lumentum’s growth path of acquiring Cloud Light to enter the full optical module and optical engine markets.
10:59
Svmuu News Ethereum Francesco D’Amato (fradamt), a researcher at the Foundation, has announced his departure from EF to join Ethlabs, a newly established protocol R&D organization. D’Amato spent five years at EF, where he contributed to several core research areas, including MEV, consensus mechanisms, data availability sampling (DAS), and execution layer pricing.
10:57
Svmuu News: Keyrock, a crypto infrastructure and capital markets firm, has completed its acquisition of BlockFills’ institutional trading and brokerage business. The transaction brings BlockFills’ trading technology, institutional client relationships, and derivatives trading team to Keyrock. According to the announcement, the acquisition also expands Keyrock’s regulatory footprint, giving it a CIMA-registered entity in the Cayman Islands, and the company plans to seek FCA authorization in the United Kingdom. Keyrock did not disclose the purchase price. According to previous court filings and reports, Keyrock was selected during BlockFills’ bankruptcy reorganization proceedings for $3.25 million.

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