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7/17

04:27

The OKX.AI Genesis Hackathon Will Be Extended Through July 28

Svmuu News: According to official reports, developer participation in the OKX.AI Genesis Hackathon has continued to grow since its official launch. To give Builders more time to refine and deploy their Agent Service Providers (ASPs), the submission deadline has been extended to July 28 at 7:59 a.m. (UTC+8). Participants may continue to submit their entries via the OKX.AI official website and post project descriptions on X.
It is reported that OKX.AI is an economic system specifically designed for Agents. This Genesis Hackathon features a total prize pool of $100,000, aimed at encouraging developers to build ASPs that address real-world use cases and drive the implementation of the Agent economy.

04:19

Gate Pre-IPOs Phase 2: OpenAI (OPENAI) Subscription Closes, with Total Subscription Amount Exceeding $260 Million

Svmuu News: According to the official website, the second phase of Gate Pre-IPOs—the OpenAI (OPENAI) project—has completed its subscription period. During this subscription period, user participation continued to surge, with the cumulative subscription amount exceeding $260 million and the subscription rate surpassing 1,300%.
The total value of this OpenAI (OPENAI) subscription round is approximately $20 million, with a total of 27,700 OPENAI asset certificates issued. Participation is supported in both USDT and GUSD, at a subscription price of 1 OPENAI = $722, with no hidden fees or custody fees. The platform uses the “hourly average locked amount” as the basis for allocating asset certificates; the earlier users participate and the longer they lock their assets, the higher their allocation weight.
OPENAI asset certificates will be unlocked during the first phase on July 17 at 19:00 (UTC+8) , at which time the distribution of successfully subscribed assets and the refund of unsubscribed funds will be completed simultaneously. Pre-IPO section pre-market trading will open on July 20 at 16:00 (UTC+8).
At the same time, Gate will gradually distribute the multiple benefits launched for this subscription round. Users with a successful subscription amount exceeding 10,000 USD will receive a 1 GT reward; users with a subscription amount below 10,000 USDT will share a 2,000 GT reward pool equally; eligible VIP users and Super Agents can participate in an exclusive airdrop event. Additionally, users who participate in the subscription using GUSD will enjoy a 3.8% annualized minting yield.

04:18

Xie Jiayin: Bitget’s rToken Has Exceeded $2.1 Billion in Cumulative Trading Volume in 6 Weeks

Svmuu News: Xie Jiayin, Head of Bitget’s Greater China Region, shared key operational data on rToken via the X platform: Six weeks after launch, cumulative trading volume has reached $2.17 billion, with an average daily trading volume of approximately $80 million over the past seven days; Current user AUM stands at $103 million.
Xie Jia Yin emphasized that all data is publicly accessible via the Reality platform, with relevant asset information being transparent and verifiable—there is no “black box.” Currently, Bitget’s rToken holds the top global position in U.S. stock market liquidity.

04:15

At the close of trading in Hong Kong, the Hang Seng Index fell 1.78%, while Zhipu (02513.HK) closed down 28.49% for the day.

Svmuu News: At the close of trading in Hong Kong, the Hang Seng Index fell 1.78%, and the Hang Seng Tech Index fell 4.37%. Zhipu (02513.HK) closed down 28.49% for the day, while MINIMAX-W (00100.HK) fell 15.63%.

04:06

A certain whale has accumulated a position of 220,000 HYPE tokens, worth $14.85 million, and is currently showing a paper loss of $1.945 million.

Svmuu News: According to on-chain analyst Ai, a whale who had previously accumulated 200,000 HYPE tokens in June has withdrawn another 20,000 HYPE tokens from an exchange after a four-week hiatus, worth $1.18 million. Since June 11, this whale has accumulated a total position of 220,000 HYPE tokens, with a total value of $14.85 million. The average withdrawal price was $67.51, resulting in an unrealized loss of $1.945 million.

04:02

U.S. chip and storage stocks fell across the board in premarket trading, with SK Hynix (SKHY.O) down 2%.

Svmuu News: According to data from MSX.COM, the U.S. chip and storage sector saw widespread declines in premarket trading,SK Hynix (SKHY.O) fell 2%, SanDisk (SNDK.O) and Western Digital (WDC.O) fell 6%, and Seagate Technology (STX.O) and Micron Technology (MU.O) fell about 5%. NVIDIA (NVDA.O) fell 3%.

03:59

A trader made a $529,000 paper profit in two days by shorting CASHCAT.

Svmuu News: According to Lookonchain’s monitoring, a trader began shorting CASHCAT two days ago and is currently showing a paper profit of $529,000.

03:55

Sky's protocol revenue over the past year was approximately $240 million, which is about 19 times that of Ethena.

Svmuu News: Stacy Muur posted on X stating that over the past year, Sky and Ethena generated similar levels of fee revenue, with Sky at approximately $413 million and Ethena at approximately $362 million; In terms of protocol revenue, Sky generated approximately $240 million, while Ethena generated approximately $12.4 million. Sky’s revenue comes from borrower fees and stablecoin collateral yields, with the majority remaining at the protocol level; Ethena’s revenue comes from hedging collateral, including funding fees and basis trading, with the majority flowing to sUSDe holders as yields. Over the past month, Ethena’s TVL has declined by 16%, while Sky’s TVL has increased by 0.5%.

03:46

Research Firm: By 2030, New Cloud Providers Will Account for 20% of the AI Cloud Market

Svmuu News: Gartner predicts that by 2030, “neo cloud” providers will account for 20% of the AI cloud market, or $267 billion. Neo-cloud providers are differentiating themselves through superior performance and flexible AI workload deployment models, combined with a strong commitment to data sovereignty, and typically offer more competitive pricing. The AI cloud market is entering a new phase, with data sovereignty, performance, and infrastructure specialization becoming the primary factors in enterprise decision-making. Demand for GPU-intensive workloads is growing rapidly, and traditional cloud models are struggling to keep pace, creating opportunities for neo-cloud providers to deliver AI infrastructure at scale. (Jin Shi)

03:36

Argentine Judge Orders Freeze on Libra-Related Wallets, Involving $8.2 Million in Funds

Svmuu News: Argentine Federal Judge Marcelo Martinez
has ordered the identification and freezing of a group of Libra-related wallets, after the Federal Police’s Cybercrime Technical Unit had been tracking the flow of related funds across multiple cryptocurrency networks since May. The investigation involves eight wallets labeled “Libra team,” which are directly linked to the token issuance.
Reports indicate that four of these wallets had pooled nearly $57 million into a single address, which had previously been frozen and then unfrozen by the U.S. District Court for the Southern District of New York. On May 10, nearly $500,000 of the funds were transferred to a Tron address via an interoperability protocol. Of the 17 transactions, at least 10 passed through Binance, while 8 wallets were linked to Bybit, 2 to OKX, and 2 to Bitfinex.
Some of the users associated with the $8.2 million in funds may be identified through the KYC rules of centralized exchanges. The remaining funds are currently managed by the Libra Trust, which plans to distribute them to Argentine companies in the form of grants by November; 71 applications are currently pending approval.

03:31

Binance Aerodrome (AERO) will be listed on July 17, 2026, and the "Seed" tag will be added.

Svmuu News: According to an official announcement, Binance will list Aerodrome (AERO) on July 17, 2026, at 7:00 p.m. (Beijing Time) and open the AERO/USDT, AERO/USDC, and AERO/TRY spot trading pairs.AERO will be designated with the “Seed” label, which indicates innovative projects that may be subject to higher volatility and risk.Users must pass a relevant quiz every 90 days to trade AERO. AERO deposits will open one hour before the listing, and withdrawals are expected to begin at 7:00 PM (Beijing Time) on July 18, 2026.

03:31

Long-term holders increased their holdings by 371,000 BTC over the past 30 days, bringing their total holdings to 16.34 million BTC—a new all-time high.

Svmuu News: CryptoQuant analyst Axel Adler Jr. posted on X, stating that long-term holders of Bitcoin have seen a net increase of approximately 371,000 BTC over the past 30 days, bringing their total holdings to 16.34 million—a new all-time high—and that the accumulation trend has remained positive for 186 consecutive days.Meanwhile, the CDD metric currently stands at 313 million, down from 899 million a year ago, indicating that long-term holders are still holding rather than selling. Over the past year, the price of Bitcoin has fallen from $118,600 to $63,800.Axel Adler Jr. noted that a reduction in supply merely decreases the number of coins available for sale; price increases require buying demand.

03:07

MoneyGram, Figure Markets, and Range will join the Stellar network as Tier 1 validator nodes

Svmuu News: Money transfer company MoneyGram, Figure’s digital asset division Figure Markets, and stablecoin infrastructure provider Range will join the Stellar network as Tier 1 validator nodes. Officials stated that each validator node can select other nodes it trusts to reach consensus on the ledger state. Validator identities are public and transparent, and they maintain the highest standards of uptime to ensure the security and vitality of the entire network.

03:03

Investors Pull Out of AI Tech Stocks, Global Stock Markets Fall

Svmuu News: Global stock markets fell on Friday as investors pulled out of AI and tech stocks. Japan’s tech-heavy Nikkei 225 index fell more than 5% at one point during the session. A Tokyo-based brokerage analyst noted that this was one of the worst trading days in the Tokyo market in a long time, with many investors who had used Japanese tech stocks to make aggressive bets on technology and AI now rapidly pulling out.
U.S. stock index futures indicate that U.S. stocks may open lower. Futures for the European Stoxx 600 index suggest European stocks may open down 0.6%. Richard Yetsenga, chief economist and head of research at ANZ Bank, said this sell-off exposes the alarming extent to which many markets and a significant portion of economic activity have become reliant on the AI boom.

02:53

Gate Prediction Market Highlights the 2026 World Cup Third-Place Match Between France and England and the Final Between Spain and Argentina

Svmuu News: The 2026 World Cup is heading into its final showdown, and the Gate prediction market is closely tracking the closing matches. France and England will kick off the third-place match on July 19 at 05:00 (UTC+8); Spain and Argentina, who have emerged victorious after a month of intense competition, will follow closely behind, facing off on July 20 at 03:00 (UTC+8) in the final to compete for the highest honor in world soccer. Currently, betting markets for both of these ultimate showdowns have fully ignited the Gate Prediction Market, and users who participate in predictions for these key matches can also share in a 50,000 USDT prize pool.
Gate has launched the “World Cup Final Countdown Giveaway” campaign. During the event, users who participate in World Cup final predictions in the Gate Polymarket World Cup section will have the chance to win an 88-yuan JD.com gift card. A total of 10,000 rewards will be distributed throughout the campaign, allowing users to witness the crowning of the World Cup champion together.
As the first centralized exchange to integrate Polymarket, Gate has become a key gateway for users to participate in prediction markets. Users can access the prediction market directly through the Gate App by navigating to the Polymarket page from the “Alpha” section on the homepage and conveniently place bets on various events using USDT in their accounts. Users can also leverage the “Smart Money” feature to track the positions and market assessments of high-win-rate traders, gaining additional insights for their event predictions. Gate is continuously expanding the application scenarios of prediction markets, providing users with a diverse experience ranging from event analysis to active trading participation.

02:50

Bitget has listed over 2,800 U.S. stock options and supports commission-free trading

Svmuu News: According to an official announcement, Bitget has launched trading for over 2,800 U.S. stock options, covering most major U.S. stock underlying assets. Users can trade U.S. stock options on the platform and enjoy a 0% commission rate, as well as 30 days of free real-time options quotes.
It is reported that Bitget’s options trading follows a T+1 settlement cycle, consistent with U.S. stock spot trading; trading hours are from 9:30 a.m. to 4:00 p.m. Eastern Time, and only cash trading is supported (margin trading is not supported). The margin requirement for Long Call/Put positions is 100%. The system also provides real-time P&L estimates for orders, supports order modification, cancellation, and transaction history queries, ensuring users can achieve more transparent asset allocation.

02:41

A $40.2 million whale places a $20 million HYPE limit order

Svmuu News: According to Hyperinsight data, as of press time, HYPE hit a low of $58.78—a 10% pullback from its intraday high—and is currently trading at $59.2, down 11.2% from the previous day’s price. Early this morning, a whale placed 60 HYPE limit buy orders, priced between $20 and $40, intending to purchase 666,700 HYPE tokens with a notional value of approximately $20 million at a weighted average price of $30—the highest bid price remains 32.5% below the current market price. This whale’s account holds $40.2 million in funds and currently holds only 4,218 HYPE short positions, valued at approximately $250,000. If the buy orders are filled, the existing short positions will be closed out, and the account will instead hold approximately 662,400 HYPE long positions.

02:34

Two Sci-Tech Innovation and Start-up ETFs Both Set New Trading Volume Records Since the "924 Rally" of 2024

Svmuu News: Trading volume for the ChinaAMC Sci-Tech 50 ETF (588000) reached 13 billion yuan, while trading volume for the E Fund ChiNext ETF (159915) reached 13.8 billion yuan, both setting new highs since the market rally on September 24, 2024. The previous post-September 24 trading records for these two ETFs were 12.714 billion yuan on August 28, 2025, and 13.721 billion yuan on January 16, 2026, respectively. The China Securities Science and Technology Innovation 50 ETF (Huaxia, 588000) has recorded cumulative net inflows of 7.032 billion yuan over the past five trading days, while the ChiNext ETF (E Fund, 159915) has recorded cumulative net inflows of 4.581 billion yuan over the same period.

02:34

Japanese stocks closed down 4%; South Korean markets were closed

Svmuu News: The Nikkei 225 closed down 2,694.42 points, or 4.03%, at 64,141.12 on Friday, July 17. During the session, it fell as much as 6% andfalling below the 63,000-point mark; Japan’s TOPIX closed down 2.72%; among individual stocks, Kioxia fell 16%, SoftBank. fell 8.5%, and Advantest fell 8%. South Korean stock markets were closed today.

02:33

Enso Discloses Malicious Liquidity Pool Attack; Curve Pool Caused Inflated Quotes of Approximately $225,000

Svmuu News: In a report dated July 16, DeFi infrastructure company Enso disclosed a type of malicious liquidity pool known as “toxic pools,” which manipulate transaction simulations to return false best quotes to wallets and DEX aggregators, then alter the logic when the transactions are actually executed on-chain.
Enso stated that the malicious contracts in question can identify read-only simulation environments and return optimized prices, but once the transactions are broadcast to the blockchain, they are executed at worse prices or result in failed transactions. One manipulated Curve pool processed over 129,000 swaps, resulting in approximately $225,000 in inflated quotes, while over 37,000 transactions were rolled back, consuming nearly $30,000 in gas fees.
On Polygon, a malicious Uniswap v4 hook lured the routing system with fake exchange rates, subsequently triggering a 99.1% transaction failure rate. Enso stated that it has updated its execution protection product, Enso Shield, to detect fake quotes in both Ethereum and Polygon environments.

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