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7/20
20:18
Svmuu News: The ENS DAO has approved a proposal to activate a new Security Committee for a two-year term. The committee consists of eight members and holds veto power, allowing it to revoke a proposal during the waiting period after a malicious proposal has been passed but before it is executed. The committee’s authority is limited to canceling transactions within the time lock; it cannot access treasury funds, submit proposals, or rewrite approved proposals. The committee may exercise its powers only under emergency conditions specified in its charter. ENS notes that governance itself can become a potential attack surface: voting rights can be borrowed to launch attacks, proposal code can conceal malicious behavior, and compromised credentials can be used to push harmful transactions. The new committee employs a 5-of-8 multi-signature mechanism, requiring at least five members to agree before a proposal can be revoked; its two-year term must be extended via a DAO vote.
20:14
Svmuu News: Whale "Set 10 Major Goals First" shared a post on social media stating that he went long on Bitcoin with 4x leverage, with his position at one point showing a paper profit of over $4.5 million and a return on investment of 7.12%.
Previously, the whale stated that recent trades have primarily consisted of short-term long positions, with no short positions taken so far. The trader believes that Bitcoin is currently near a short-term bottom and that the trend may gradually strengthen going forward, so they do not want to miss potential signals of an uptrend. This position may be held for the medium to long term, but adjustments will still be made based on market conditions.
20:14
Svmuu News: According to monitoring by Solv Protocol, a security incident occurred on July 13 involving the BTC+ contract on the BNB Smart Chain. Upon investigation, it was found that the attacker gained access to the deployer’s private key and upgraded the BTC+ minting proxy contract on the BSC, minting unauthorized BTC+ tokens. The team completed its emergency response within three hours, isolating the malicious contract and freezing, burning, or isolating all unauthorized BTC+ tokens. All underlying BTC assets remain secure. As a precautionary measure, BTC+ subscriptions and redemptions have been suspended and are expected to resume within two weeks. BTC+ has never established an official liquidity pool on any DEX; users should only acquire and hold BTC+ through official Solv channels.
20:11
Svmuu News: DGrid AI announced the completion of a $5 million seed round, with participation from Waterdrip Capital, IoTeX, Paramita, and Zenith Capital. The project’s core business is to provide distributed computing infrastructure for the operation and monetization of on-chain AI models, enabling developers to deploy, validate, and execute AI workloads on a decentralized GPU network.
20:08
Svmuu News: Illia Polosukhin, co-founder of NEAR Protocol, stated that AI is significantly accelerating hackers’ ability to discover software vulnerabilities, and traditional code review models are no longer sufficient to address this threat. He pointed out that the Balancer incident last October marked the beginning of AI-assisted hacking, and that the old model reliant on manual review is no longer sustainable in the AI era. Polosukhin advocates for the adoption of formal verification, which uses mathematical proofs to ensure that code behavior fully aligns with specifications. AI can generate the majority of these proofs, which are then verified by humans to ensure their correctness, significantly reducing the time required to generate them. He believes that formal verification should be expanded beyond smart contracts to cover critical internet and network software. On the same day, NEAR released an upgrade allowing users to switch to post-quantum account keys, while the network can automatically scale its capacity as activity grows.
20:03
Svmuu News: As prediction markets such as Kalshi and Polymarket become increasingly popular and expand in scale, the phenomenon of trading based on insider information is on the rise. An analysis of approximately 34,000 transactions flagged as suspicious revealed that, between January and June 2026, the total value of these transactions amounted to approximately $200 million. Geopolitical and war-related bets were the primary drivers, with Iran-related bets peaking in late February. Among the flagged transactions, as much as 71% were funded through U.S.-regulated crypto exchanges. Profits from these flagged transactions were highly concentrated, with the top 1% of profitable wallets capturing more than half of the profits; 57% of these wallets were created within 24 hours prior to the transactions.
20:02
Svmuu News: According to Lookonchain’s monitoring, a newly created wallet withdrew 74,000 ETH—worth $136 million—from Gemini and staked the entire amount.
20:02
Svmuu News: On the eve of the World Cup final, the combined open interest on Kalshi and Polymarket fell by 20% from its peak of approximately $2 billion in early July, dropping from nearly $1.8 billion to about $1.5 billion. Kalshi’s sports trading volume fell to approximately $4 billion after peaking at about $9 billion during the week of July 5, while Polymarket’s volume dropped from about $2.3 billion to $740 million. During the World Cup, sports events accounted for approximately 80% of the total trading volume on the two platforms. Spain defeated Argentina 1-0 on Sunday to claim its second World Cup title in history. A total of 194,000 addresses participated in trading on Polymarket’s World Cup winner market, with approximately two-thirds incurring losses.
19:55
Svmuu News: At 03:30 Beijing time today, a dormant pre-mined address containing 2,000 ETH was activated after 11 years of inactivity. The address was worth approximately $620 in 2015 and is currently valued at approximately $3.785 million.
19:53
Svmuu News: According to Lookonchain’s monitoring, Ethereum ICO participant 0x45BB has transferred all 2,000 ETH to a new wallet after 11 years of inactivity. Having invested just $620 in the ICO and received 2,000 ETH, the holdings are currently worth $3.79 million—a return of 6,113 times the original investment.
19:46
Svmuu News: According to Lookonchain’s monitoring, Arthur Hayes (@CryptoHayes) purchased another 1,332.5 ETH three hours ago, worth $2.53 million.
19:45
Svmuu News: Patrick Witt, the White House’s crypto advisor, said that his National Guard training assignment has been extended, and he will remain in Washington to push for the passage of the Clarity Act. Earlier reports had indicated that he would step down before the Senate vote, but that information has now been reversed.
19:40
Svmuu News: On the prediction market platform Polymarket, the probability of the Strait of Mandeb closing before August 31 has risen to 21%, up from Monday morning’s low of 11%; the probability of it closing before September 30 briefly rose to 26%.
Yemen’s Houthi group, Ansar Allah, announced a naval blockade against Saudi Arabia, stating that the action was based on the “an eye for an eye” principle and aimed to disrupt Saudi crude oil exports. The affected shipping lanes handle more than 4.5 million barrels of crude oil.
The outcome of this forecast contract is determined based on maritime trade flow data published by PortWatch, a platform of the International Monetary Fund (IMF). If the 7-day moving average of vessel arrivals at the Strait of Mandeb falls to 10 or below on any date between the contract’s creation and expiration, the contract will be settled as “Yes.”
13:30
Svmuu News: Bitcoin News posted on X that Strategy CEO Phong Le said, “We sold approximately $200 million worth of Bitcoin, but this did not affect the market. In fact, the market rose during that period. So we’re not going anywhere.”
13:29
Svmuu News Bitcoin Mining company stocks rose during early trading on Monday, with IREN, Cipher Digital, CleanSpark, Hut 8, and MARA Holdings all posting gains of at least 11%.The gains came after Hut 8 announced a 15-year, $9.8 billion lease agreement for an AI data center campus, and IREN disclosed a $2.8 billion cloud services contract signed with an AI developer.
Both Hut 8 and IREN began as Bitcoin mining operations but subsequently accelerated their shift toward AI infrastructure and cloud computing amid weakening mining economics. IREN expects its AI cloud business to generate more than $4 billion in annual recurring revenue by the end of 2026.
The TEM AI Infrastructure Growth Index, which tracks 20 companies in the Bitcoin mining, neocloud, and AI infrastructure sectors, rose 1.4% on Monday and has gained more than 12% over the past week.Blocksbridge Consulting estimates that the industry still needs approximately $50 billion in funding to realize its AI-related plans, with IREN facing a funding gap of about $21.1 billion.
13:09
Svmuu News: One year after the U.S. House of Representatives passed the Digital Asset Market Clarity Act (CLARITY Act), the bill remains stalled in the Senate, facing opposition from the banking industry and partisan divisions. Supporters expect the Senate to hold a vote before its August recess.
Industry organizations Coin Center and the Blockchain Association have identified Section 604 as a key provision for protecting open-source innovation. This provision aims to prevent non-custodial blockchain developers, node operators, and validators from being classified as federal money transmitters.
Stefan Muehlbauer, Head of U.S. Government Affairs at CertiK, stated that removing Section 604 could conflate software development with financial services, subject developers to the Bank Secrecy Act, and trigger constitutional challenges related to the First Amendment.Iana Dimitrova, CEO of Openpayd, noted that the growing use of stablecoins for cross-border value transfers has made the need for a federal regulatory framework even more evident.
The bill also addresses accounting standards, acknowledging that the U.S. Securities and Exchange Commission’s Staff Accounting Bulletin (SAB) 121 has been rescinded and prohibiting the SEC from reimposing equivalent accounting requirements for crypto custody without a full notice-and-comment process. Mark Zalan, CEO of Gomining, noted that Bitcoins still face regulatory gaps, such as those related to tax treatment.
13:01
Svmuu News: Nigerian President Bola Ahmed Tinubu has signed an executive order to coordinate the regulation of virtual assets, strengthen cooperation among the country’s financial, tax, and capital market institutions, and address the fragmentation of digital asset regulation.
The executive order establishes a Virtual Assets Committee composed of the heads of Nigeria’s major financial regulatory agencies, which will be responsible for guiding relevant policies. Nigeria’s tax authorities will update digital asset policies and provide further details on the implications for taxpayers.
Bayo Onanuga, Special Adviser to the President, stated that the executive order does not establish a new regulatory body nor transfer authority among agencies; each agency retains its statutory duties and independence, and registration requirements will be determined based on the nature of the activities and the assets involved.
A June report by the International Monetary Fund (IMF) indicated that since 2019, Nigeria has accounted for approximately 60% of stablecoin inflows into sub-Saharan Africa; from July 2023 to June 2024, cryptocurrency inflows into the country totaled approximately $59 billion.
12:57
Svmuu News: Native Markets, the issuer of USDH, has announced that the exchange portal on the official USDH website has been shut down. Following the suspension of this portal, USDH exchange services will be migrated to Bridge’s official channels. Over the coming months, Bridge will continue to provide 1:1 redemption and exchange services for USDH; however, users will need to complete a separate account registration and onboarding process on the Bridge platform.
12:50
Svmuu News: The Kenyan government is investigating a cyberattack on President William Ruto’s official website. The attackers briefly took the site offline and altered the content on the homepage, demanding a ransom of 5 Bitcoin.William Kabogo, Cabinet Secretary of the Ministry of Information, Communications, and the Digital Economy, stated that Kenya’s law enforcement agency, the ICT Authority, immediately activated its cybersecurity response protocol and will temporarily restrict public access to the portal.Officials stated that there is currently no evidence of unauthorized access to sensitive data, data breaches, or loss of information, and that government systems and digital services remain secure and operational.
12:29
Svmuu News: Crude oil stocks in the U.S. Strategic Petroleum Reserve fell by approximately 5.1 million barrels last week, dropping to 311.4 million barrels—the lowest level since 1983. (Jin Shi)

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