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Svmuu News: CoinEx issued a statement regarding the transactions involving Alireza Derakhshan and Zedcex/Zanjani mentioned in a recent report by The Wall Street Journal. Based on the information currently available, all relevant transactions took place before the U.S. Department of the Treasury imposed sanctions on the aforementioned entities. CoinEx does not provide services to any sanctioned entities or individuals, nor has it ever facilitated any transactions for such entities while knowing they were subject to sanctions. CoinEx has never established any commercial partnerships with entities affiliated with the Iranian government or domestic Iranian exchanges, nor has it ever provided funding channels or any form of active assistance to Iranian government agencies, entities affiliated with the Revolutionary Guards, or other sanctioned entities.
As early as 2021, CoinEx was blacklisted by the Iranian government, and its official domain was blocked within Iran. This fact alone demonstrates that CoinEx is not a platform officially recognized, supported, or partnered with by the Iranian government, nor does it have any practical basis for serving as an official funding channel for Iran. CoinEx has never established any offices or operational entities in Iran. While some individuals have spontaneously promoted CoinEx through the platform, this is not an action organized by CoinEx. CoinEx strongly opposes narratives that conflate the actions of ordinary users with state-level sanctions evasion, and rejects the inference that on-chain fund flows directly equate to the platform’s knowledge of, support for, or participation in illegal activities.
Regarding the Bybit hacking incident mentioned in the report, CoinEx assisted Bybit in blocking accounts and freezing assets immediately after the incident occurred. Furthermore, CoinEx will conduct an internal review of the relevant transactions mentioned in the report.
Following the imposition of sanctions on Iranian domestic exchanges such as Nobitex, CoinEx immediately initiated a comprehensive review of its exposure to risks related to Iran and began the process of withdrawing from the market, implementing the following measures:
Refusing to accept user registrations from Iran, strengthening user identification for Iranian users, and continuing to conduct compliance-based account closures for identified Iranian user accounts;
Implementing comprehensive geofencing and access restrictions for the Iranian region; accounts and assets of identified sanctioned entities or individuals will be restricted or frozen;
Strengthening the KYT system to enhance monitoring and review capabilities regarding transactions involving sanctioned regions, high-risk addresses, and anomalous on-chain paths, and freezing relevant transactions;
Continuing to identify and address accounts that abuse the platform for illegal activities, particularly those using CoinEx as a conduit for funds.
CoinEx places a high priority on compliance, anti-money laundering, and sanctions risks within the digital asset industry and believes it has a responsibility to provide clear and objective responses to its users and partners.

Svmuu News: Morgan Stanley released a report raising its price target for Micron Technology (MU.O) from $1,050 to $1,200 and maintaining its “Overweight” rating.The firm raised its fiscal 2027 earnings per share (EPS) forecast by approximately 40% to $168 per share and increased its free cash flow forecast from $104 billion to $140 billion.The firm shares the view of Micron management that AI will cause DRAM demand to continue to significantly outpace supply beyond 2027. Micron’s results for the previous quarter were in line with this trend, and there is significant upside potential for both quarterly performance and outlook. (Jinshi)

According to monitoring data from the Svmuu Seer channel, in the Polymarket prediction event titled “2026 World Cup Group E, Matchday 3: Germany vs. Ecuador,” the account “surfandturf” (address: 0x9f2fe025f84839ca81dd8e0338892605702d2ca8), which has generated total profits exceeding $3.5 million, placed a $650,000 bet on Germany to defeat Ecuador, at an average entry price of 64.9¢, purchasing 1,000,000.3 shares.
The Germany vs. Ecuador match will begin at 04:00 Beijing Time on June 25, 2026. Germany currently has a record of 2 wins in 2 matches (7-1 vs. Curaçao, 2-1 vs. Ivory Coast), with 6 points, having already secured qualification. They boast an excellent goal differential and are in top form. Ecuador must at least draw with or defeat Germany to have a chance at advancing (depending on the result of the Ivory Coast vs. Curaçao match at the same time and goal difference).
The Svmuu Seer Prophet Channel continuously monitors the prediction market, spotting changes before they are priced in.

Svmuu News: SBI Group has announced the acquisition of Japanese cryptocurrency exchange Bitbank for 46.7 billion yen, approximately $289 million. Through this acquisition, SBI’s cryptocurrency custody balance is expected to exceed 1 trillion yen, equivalent to approximately $6.2 billion, making it the largest cryptocurrency business in Japan.
A subsidiary of SBI Holdings will acquire Bitbank’s shares from individual shareholders, including its founders, in August. Subsequently, Bitbank will acquire the shares held by existing shareholders Mixi and Ceres by the end of October. Combined with SBI VC Trade’s account data as of April, the total number of accounts after the merger will be approximately 2.92 million, with total assets under custody amounting to approximately 1.1 trillion yen.

Svmuu News: According to U.S. media reports, SK Hynix is expected to issue American Depositary Receipts (ADRs) on July 10 on the Nasdaq. The offering is expected to raise nearly $30 billion and is poised to become one of the largest ADR offerings in history.The market widely believes this move will significantly expand its global investor base and may drive a revaluation of the company.
Several asset management firms predict that if its valuation converges with that of Micron, the stock price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation level at least on par with Micron, as demand for memory chips is likely to continue outpacing supply in the coming years.The IPO comes amid a rare boom in the memory chip industry. Shares of Micron, SK Hynix, and Samsung Electronics have all risen by more than 200% this year, marking their best annual performance in decades. The demand for HBM from AI servers is widely seen as the driving force behind a structural “memory supercycle.” (Jin Shi)

Svmuu News: Jeff Kim, head of research at Jefferies, said that Samsung is likely to follow in the footsteps of SK Hynix by listing on the U.S. market via American Depositary Receipts (ADRs), which would boost the stock prices of South Korean chipmakers whose valuations lag behind those of Micron.“Chip stocks are at a turning point. ADRs will be a key catalyst for driving up their valuations,” he said. (Jin Shi)