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7/24
23:13
Svmuu News: Frank Chaparro, Head of Strategic Communications at GSR, posted a chart on X showing Apollo Global Management’s statistics on IPO investment returns. The chart shows the average market-adjusted returns of U.S. IPO stocks within three years of listing from 1980 to 2024. The data indicates that IPO stocks generally underperformed the broader market in the medium to long term after listing, a phenomenon that was particularly pronounced between 2019 and 2024.
Frank Chaparro commented, “Since 2019, participating in IPOs has consistently been a losing bet.”
Since 2019, the medium- to long-term performance of newly listed stocks following their IPOs has generally underperformed the broader market.
22:47
Svmuu News Donald Trump stated, “I’m going to run again. It should be easy. I’m getting better and better at running for president. I’ve won three times.” He then donned a cap emblazoned with “TRUMP 2028.”
Donald Trumpclaimed that the second election “was rigged.”
22:35
Svmuu News: The cryptocurrency trading platform Coinbase has launched AI-agent-initiated payment support through Coinbase Business. Merchants can use the x402 open payment standard developed by Coinbase to receive USDC payments via their own software, and manage, reconcile, and convert related funds within the same account.
Coinbase Launched in June 2025, Business has signed up approximately 5,000 customers and has processed a cumulative payment and transaction volume of approximately $1 billion.Businesses using this service can earn a 3.35% reward on eligible idle USDC balances; early use cases have focused on digital services such as APIs, cloud storage, and domain names.
Coinbase has also added real-time trading functionality to “Coinbase for Agents,” allowing AI agents to monitor pending orders, view market depth, and track real-time prices and trading volume.Users can also set conditions using natural language, though related operations remain subject to user-defined restrictions.
22:28
Svmuu News: Across Protocol has released a post-incident report on the Relayer security incident. Attackers exploited a vulnerability in Risk Labs’ Solana off-chain event reading software to fabricate 1,627 fake deposit transactions with a total face value of approximately $41.7 million.
According to the report, Relayer had covered 581 of these transactions with its own funds—totaling approximately $4.5 million—before suspending its Solana services; the remaining approximately $37 million in fraudulent deposits have since been invalidated. This incident did not involve any smart contract vulnerabilities, and all user transfers were either completed or fully refunded on the same day.
Across Protocol stated that the losses were limited to Risk Labs’ own relayer capital; after deducting approximately $500,000 in funds from the attackers, the net loss was less than $4 million. Currently, Solana order flow has been fully rerouted through CCTP, and the ACX token buyback program remains unaffected.
22:19
Svmuu News: U.S. President Donald Trump stated that the situation in Iran is currently “progressing very smoothly” and said the public should not believe “fake news.” Donald Trump He noted that although related incidents have continued to occur recently, Iran has “very few” drones remaining; while the Iranian side occasionally takes action, its overall capabilities have been significantly weakened. Regarding U.S.-Iran negotiations, Donald Trump said that Iran is still in contact with the United States, but he believes the Iranian side is not yet ready to reach an agreement.
22:11
Svmuu News: According to monitoring by on-chain analyst "Aunt Ai," a certain address opened a 40x leveraged long position of 603.71 BTC at 10:30 p.m. last night, worth $38.67 million, with an entry price of $64,469. The position is currently showing an unrealized loss of $259,000. In addition, the address has placed limit orders totaling $31.441 million in the price range of $63,500 to $63,674. If all orders are filled, the total position will expand to $70.111 million. This address has historically focused on short-term strategies, with positions typically held for only a few hours. This long position is the sixth-largest of the year; if fully executed, it would become the largest of the year.
21:45
Svmuu News: According to monitoring by on-chain analyst Ai, the Worldcoin multi-signature address transferred WLD worth $13.84 million to two new addresses 9 hours ago. The upstream address actually received 60 million WLD, but only transferred out 36.94 million WLD in this transaction; the receiving addresses have not yet transferred or sold the tokens.
21:34
Svmuu News: Fidelity Public Policy, a division of Fidelity Investments—a financial services firm with $7.1 trillion in assets under management—posted on X on July 24, calling on the U.S. Senate to pass the CLARITY Act to establish a federal regulatory framework for the digital asset market.
Fidelity Investments’ 2025 annual report shows that the company had annual revenue of $37.7 billion, $7.1 trillion in assets under management, and $18 trillion in assets under custody and management, and provides investment platforms for workplace, brokerage, wealth management, and institutional clients.
Negotiations regarding the CLARITY Act are currently focused on ethical restrictions, stablecoin incentives, and the division of regulatory responsibilities between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The bill proposes to establish disclosure requirements, retain anti-fraud authority, and set standards for centralized intermediaries.
21:31
1. The risk of users being classified as general unsecured creditors has decreased, as the updated draft of the U.S. CLARITY Act proposes to segregate customer assets;
2. The National Police Brothers Association supports the latest version of the CLARITY Act, stating that it will not weaken law enforcement’s ability to address crypto-related issues;
3. Crypto organizations such as the Digital Chamber are urging the U.S. Senate to move forward with the CLARITY Act;
4. Jensen Huang’s first X post: Over 20 organizations, including NVIDIA, have signed a joint statement supporting open-weight AI models;
5. LayerZero will gradually discontinue support for 20 chains with extremely low activity, including Moonbeam and Taiko;
6. The World Foundation has completed a $52.5 million strategic funding round for its WLD token, led by Pantera Capital;
7. Crypto market maker B2C2 is seeking a valuation of over $1 billion and has been in talks with several potential acquirers over the past 18 months;
8. KULR Technology sold 333 Bitcoin to fully repay a $20 million credit line from Coinbase;
9. Jensen Huang’s latest key statement: The chip industry will not experience a recession for some time, and its scale needs to expand five to tenfold.
21:26
Svmuu News: Robinhood is in talks with Crypto.com regarding a partnership in the prediction markets business. If the partnership is finalized, the prediction markets provided by Crypto.com will be integrated into Robinhood, allowing users to participate in Crypto.com’s prediction markets through Robinhood. Robinhood has previously relied primarily on partners such as Kalshi, as well as ForecastEx and Rothera—both subsidiaries of Interactive Brokers—to provide contracts. This move may put Robinhood in more direct competition with Kalshi.
21:26
Svmuu News: Robinhood is in talks with Crypto.com regarding a partnership in the prediction markets business. If the partnership is finalized, the prediction markets provided by Crypto.com will be integrated into Robinhood, allowing users to participate in Crypto.com’s prediction markets through Robinhood.
Robinhood has previously relied primarily on partners such as Kalshi, as well as ForecastEx and Rothera—both subsidiaries of Interactive Brokers—to provide prediction market contracts. This move could put Robinhood in more direct competition with Kalshi. (WSJ)
21:21
Svmuu News: Musk posted that Grok 4.6 will be released in two weeks, and Grok 4.7 will be released in four weeks.
21:05
Svmuu News: According to on-chain analyst Yu Jin, the TRUMP team’s token address unlocked and transferred 10.837 million TRUMP tokens—worth $16.91 million—45 minutes ago. Based on the patterns of the two previous unlocking and transfer events, these tokens will likely be transferred to BitGo and then flow into centralized exchanges (CEXs) such as OKX.
21:02
Svmuu News: According to data from MSX.COM, at the close of U.S. markets, the Dow Jones Industrial Average rose 0.46%, the S&P 500 rose 0.05%, the Nasdaq Composites fell 0.64%, and the VIX fear index fell 0.64%.AI-related stocks were broadly lower, with CoreWeave down 11.37%, Astera Labs down 10.82%, Arm down 8.14%, Tempus AI down 7.22%, and Marvell down 7.21%.
It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens to date, covering popular U.S. stock and ETF tokenized assets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
20:58
Svmuu News NVIDIA announced Friday that it will partner with South Korea’s SK Group on an AI initiative worth more than $500 billion, covering the construction of large-scale AI data centers and next-generation memory technology.The initiative includes establishing a long-term partnership with SK Hynix to secure a supply of next-generation memory for NVIDIA and to jointly develop High-Bandwidth Memory (HBM) for AI training, AI agents, and physical AI applications.SK Telecom plans to build an AI data center with an installed capacity of 2 gigawatts (GW). The center will utilize NVIDIA’s Vera Rubin chips and SK Hynix’s HBM4 high-bandwidth memory, with the first facility expected to begin operations in 2027. (Jin Shi)
20:44
Svmuu News: LayerZero has announced that it will gradually phase out support for 20 chains with extremely low activity; LayerZero’s DVN and Executor services will no longer be available on these chains.
20:37
Svmuu News: On the evening of July 24 local time, the Hodeidah region of Yemen—which is under the control of Houthi forces—was struck by airstrikes. The Saudi-led coalition announced that it had carried out strikes against Houthi military strongholds in Hodeidah but did not target the port of Hodeidah, emphasizing that all local ports are currently open to shipping. The Saudi-led coalition described the airstrikes as a “measured military response” specifically targeting Houthi military sites in Hodeidah that are directly linked to threats against commercial shipping in the Red Sea. If the Houthi rebels continue to engage in “hostile” actions, the coalition will respond “without compromise” and will continue to take necessary measures to protect its own vessels and the interests of the Kingdom of Saudi Arabia. "Masirah TV," affiliated with the Houthi rebels, reported that the Saudi airstrikes hit facilities belonging to the state-owned telecommunications company in Hodeidah. The station also claimed that Saudi forces attacked Kamalan Island off Yemen’s western coast. (CCTV International News)
20:36
Svmuu News: According to data from Yu Jin, the World Foundation sold approximately 217.4 million WLD to Pantera Capital and other institutions about 8 hours ago, raising $52.5 million. Although the official selling price was not disclosed, based on on-chain transaction data and the amount raised, the average selling price for this transaction was approximately $0.24—a discount of about 36% compared to WLD’s current market price.
Yu Jin noted that this batch of WLD must be locked up for one year, and the lock-up arrangement may be one of the reasons for the discounted sale.
20:35
Svmuu News: Anthropic CEO: Supply Agreements Signed with Samsung Electronics and SK Hynix. (Jin Shi)
20:31
Svmuu News: According to data from SoSoValue, the HYPE spot ETF recorded total net outflows of $6.8882 million yesterday (July 24, Eastern Time).
Yesterday, only the Bitwise Hyperliquid ETF (BHYP) experienced net outflows, totaling $6.8882 million for the day; its cumulative net inflows to date stand at $117 million.
As of press time, the total net asset value of the HYPE spot ETF stood at $288 million, with a net asset ratio of 2.24%; its cumulative historical net inflows have reached $293 million.

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