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6/28
22:10
Svmuu News: Brian Armstrong, CEO of Coinbase, posted on X stating that Coinbase has reduced AI spending by nearly 50% while token usage continues to grow, by optimizing default settings, routing, and caching strategies.
Specific measures include: switching the default models to open-source pre-trained models such as GLM 5.2 and Kimi 2.7—91% of employees had never previously reached the usage limit; preprocessing prompts within a custom system and automatically routing them to the most suitable model, enabling differentiated handling of planning and execution tasks;improving cache hit rates—LibreChat’s cache hit rate increased from 5% to 60%; streamlining context management by opening new sessions when switching tasks and narrowing the scope of file contexts; and enhancing spending visibility, allowing engineers to freely choose models while assuming responsibility for the corresponding impact on costs.
22:02
Svmuu News: In accordance with the relevant provisions of laws and regulations such as the “Export Control Law of the People’s Republic of China” and the “Regulations of the People’s Republic of China on the Export Control of Dual-Use Items,” and in order to safeguard national security and interests and fulfill international obligations such as non-proliferation, it has been decided to add 20 Japanese entities—including the Defense Research Institute—that are involved in enhancing Japan’s military capabilities to the export control list, and to take the following measures: Export operators are prohibited from exporting dual-use items to the aforementioned 20 entities, and overseas organizations and individuals are prohibited from transferring or providing dual-use items originating in the People’s Republic of China to the aforementioned 20 entities; any relevant activities currently underway must be ceased immediately. In exceptional circumstances where exports are indeed necessary, export operators must submit an application to the Ministry of Commerce. (Jin Shi)
22:00
Svmuu News: StableStock announced today the official launch of its leveraged spot trading feature. Users can now directly use stablecoins to engage in leveraged spot trading of global market assets, seamlessly accessing real stock markets via stablecoins.
Leveraged spot trading supports zero interest for intraday trading: positions opened and closed before the end of the after-hours trading session on the same day incur no interest charges; only positions held overnight are subject to interest charges according to the rules. For active intraday and short-term traders, this mechanism reduces the hidden costs of holding positions.
This launch covers major global markets, offering over 700 leveraged trading instruments with a maximum leverage of approximately 10x. These include Hynix, Samsung Electronics, and Zhipu—which have recently garnered significant market attention—as well as a large number of popular U.S. stocks. In addition to individual stocks, the list of underlying assets also includes several short (inverse) ETFs, giving users options on both the long and short sides.
StableStock CEO Zixi stated: “Leveraged spot trading further integrates stablecoin settlement with the real stock market, allowing users to participate in global markets with lower holding costs and greater flexibility. This also marks another step in the evolution of stablecoins from settlement tools to gateways for trading real assets.”
Before using the leverage feature, users must first complete identity verification (KYC) and transfer funds to their leverage account; specific mechanisms, such as interest calculation and forced liquidation, are subject to the instructions on the product page. Leverage trading amplifies both gains and losses; users are advised to use this feature prudently based on their individual risk tolerance.
StableStock is backed by institutions such as YZi Labs, MPCi (Matrix Partners China), and Vertex Ventures, giving it a global foundation of capital and liquidity. The platform currently supports trading in over 1,400 global stock securities. In the future, the platform will continue to expand its capabilities into more markets and asset classes, further enhancing the infrastructure that connects stablecoins to global capital markets.
21:48
Svmuu News: According to Lookonchain data, as ANSEM continues to rise, the 604 million ANSEM tokens held in Ansem’s (@blknoiz06) wallet are now worth over $71 million.
21:44
Svmuu News: According to official reports, Loopring DEX has suspended all trading services, and its relayers have been taken offline. The team stated that the shutdown was due to a failure to achieve substantial adoption, the lack of a virtual machine, the delisting of LRC from major exchanges in 2026, and the fact that its technology has been surpassed by modern zkEVMs. The team will distribute all assets directly to users; users will not need to perform any on-chain operations or pay gas fees.
In the coming days, the team will publish the final balance list for Loopring L2 on X, including spot balances and liquidity pool positions that have been automatically converted to tokens. This list will be made public for two weeks for verification. After the review period ends, assets will be sent directly to users’ L1 wallet addresses in batches. This distribution is limited to accounts with a final total balance value of $10 or more, and the entire distribution process is expected to be completed within a few weeks of its launch.
21:30
1. CICC: Absolute leverage in the South Korean stock market has reached a historic high, but the relative ratio to market capitalization is not extreme;
2. The South Korean KOSPI index extended its decline to 3%, with Samsung Electronics falling 5%;
3. A whale deposited $2 million into HyperLiquid and opened a CL long position worth $2.17 million;
4. WTI crude oil fell more than 1.00% intraday and is currently trading at $69.37 per barrel;
5. HP and OpenAI have formed a cutting-edge strategic partnership;
6. South Korean media: Samsung and SK Group are expected to announce investment plans totaling up to 2,000 trillion won (approximately $1.3 trillion);
7. Arthur Hayes purchased 6.16 million SYN from FlowDesk, worth $2.2 million;
8. Zhipu’s GLM-5.2 vulnerability detection capabilities rival those of Mythos;
9. The U.S. and Iran have agreed to cease mutual attacks and will meet in Doha this week;
10. The SOL meme coin ANSEM has surpassed a $100 million market cap, surging more than 190-fold intraday.
21:29
Svmuu News: Citigroup stated that reports indicating Apple’s interest in Changxin Memory’s memory products have transformed Changxin Memory from “a story of domestic substitution in China” into “a credible fourth-largest global DRAM manufacturer.” Citi expects this news to benefit Changxin Memory and its supply chain, including equipment suppliers and OSAT (outsourced semiconductor assembly and test) providers.
21:28
Svmuu News: A survey indicates that South Korea’s overall inflation rate may exceed 3% for the second consecutive month, surpassing the Bank of Korea’s 2% target. The median forecast of seven economists suggests that the benchmark Consumer Price Index (CPI) is expected to rise 3.2% year-over-year in June, up from the 3.1% increase in May; month-over-month, it is expected to rise by 0.1%, compared with a 0.5% increase the previous month.
Ma Tieying, an economist at DBS Group, noted that cumulative increases in raw material costs and the weakening of the South Korean won continue to impact the South Korean economy. She expects the Bank of Korea to raise interest rates once in July and again in the fourth quarter.
20:52
Svmuu News: Canopy Network, an AI-native blockchain development framework, announced the completion of an $8.5 million seed round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The project’s primary focus is the development of an AI-native blockchain development framework. Through a recent acquisition, Canopy Network has also brought these investors on board as key stakeholders and completed the acquisition of Tanssi’s technology, with its testnet now live. (crypto.new)
20:33
Svmuu News CICC: According to the research report, overall, the current on-exchange leverage ratio for the Korean stock market is around 2x to 5x. While absolute leverage has reached a historical high, the ratio relative to market capitalization is not extreme by either horizontal or vertical standards. Market sentiment and liquidity indicators show some signs of tension but are not significantly strained.
Looking ahead, high leverage will inherently amplify volatility and may even lead to liquidity pressures; for instance, a decline of 16–36% would trigger margin calls. While the pressure for forced liquidations has recently increased, the medium- to long-term trend will depend more on fundamentals. (Jin Shi)
20:30
Svmuu News: According to Gate data, the South Korean KOSPI index extended its decline to 3%, with Samsung Electronics down 5% and SK Hynix down 4.5%.
20:24
Svmuu News: According to Onchain Lens, a whale deposited 2 million USDC into HyperLiquid and opened a long position of 31,255 CL at 1x leverage. The whale had previously incurred losses of more than $4.06 million.
20:17
Svmuu News: A research report by CITIC Securities points out that the recent wave of price hikes in the MLCC industry has accelerated. The report suggests that this MLCC cycle is likely to mirror the super-boom cycle of 2017–2018, with price increases expected to last for more than a year and original equipment manufacturers (OEMs) likely to see price hikes double or even rise significantly higher. (Jin Shi)
20:09
Svmuu News: According to Gate data, WTI crude oil has fallen more than 1.00% today and is currently trading at $69.37 per barrel.
20:04
Svmuu News: OpenAI announced that it will expand its cutting-edge strategic partnership with HP. The collaboration, which stems from a successful pilot launched in February 2026, aims to enhance customer experiences and accelerate operational transformation for businesses worldwide.
Once fully rolled out, this strategic partnership will focus on deploying AI across the entire organization, covering areas such as solutions and experiences for customers and partners, customer telemetry insights and reporting, employee productivity, and software development.
20:01
Svmuu News: According to a report by South Korea’s *Economic Daily* on Monday, as part of South Korean President Lee Jae-myung’s flagship industrial strategy, Samsung Group and SK Group are preparing to announce a plan to invest a total of up to 2,000 trillion won (approximately $1.3 trillion) over the next decade. The report stated that Samsung and SK Hynix are expected to each build four to five semiconductor factories in the Gwangju region.
The report added that Samsung also plans to build a chip packaging plant in South Chungcheong Province, while SK Hynix will expand its NAND factory in North Chungcheong Province. (Jin Shi)
20:00
Svmuu News: A senior U.S. official said that the United States and Iran have agreed to cease mutual attacks, and the two sides plan to meet on Tuesday in Doha, the capital of Qatar, to resolve the dispute over the Strait of Hormuz.This comes after both sides launched fresh attacks 11 days after signing a ceasefire memorandum, with Donald Trump threatening to resume hostilities and “finish the job.”
A senior U.S. official stated, “We have decided to halt all military operations.” According to a source familiar with the talks, the meetings—originally scheduled for Tuesday in Switzerland to address Iran’s nuclear program—have been relocated and refocused on the Strait of Hormuz following the escalation of tensions.According to a U.S. official and a source familiar with the matter, Nick Stewart, who heads the U.S. technical team, is expected to attend the talks.
19:59
Svmuu News: According to Onchain Lens, Arthur Hayes (@CryptoHayes) purchased 6.16 million SYN from FlowDesk, worth $2.2 million.
19:59
Svmuu News: Zhipu, a leading Chinese large-language model company, recently released its open-weight model, GLM-5.2. Some researchers claim that GLM-5.2 is on par with Anthropic’s Mythos model in certain vulnerability detection and cybersecurity scenarios. Data from cybersecurity firm Semgrep shows that in certain benchmark tests, GLM-5.2 outperformed Anthropic’s Claude Opus 4.8 model, released in May. Researchers noted that when given further instructions, both Opus 4.8 and GLM-5.2 can match Mythos in terms of vulnerability detection capabilities. As an open-weight model, GLM-5.2 is available for anyone to download and run on off-the-shelf hardware.
18:53
Svmuu News: According to OKX market data, SOL has fallen below 70 USDT and is currently trading at 69.99 USDT, down 1.39% over the past 24 hours.

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