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South Korea's Fair Trade Commission approved Mirae Asset Group's acquisition of 92.06% of crypto exchange Korbit for about 133.4 billion won. This marks the first time a traditional Korean financial group has acquired a virtual asset exchange, potentially reshaping the market landscape.
Read MoreRobinhood Wallet now natively integrates Robinhood Chain, allowing users to bridge assets directly from chains like Solana, Ethereum, and Arbitrum. A limited-time promotion covers gas fees for eligible swaps, lowering the barrier to entry for the new chain.
Read MoreSingapore's Temasek plans to increase AI-related assets to up to 15% of its portfolio by 2031, from about 6% currently. The sovereign fund disclosed new investments including Anthropic and OpenAI, and aims to drive AI adoption across its entire portfolio for enhanced competitiveness.
Read MoreBinance co-founder He Yi clarified on social media that her online interactions should not be viewed as investment signals. She expressed no bias against meme coins but believes BNB Chain memes deserve higher quality aesthetics and development, while noting her holdings are publicly visible on Binance.
Read MoreCrypto whales have resumed accumulating XAUT gold tokens after years of inactivity. Abraxas Capital and another major address withdrew nearly 5,000 XAUT worth over $20 million from exchanges, signaling potential renewed institutional interest in gold-linked crypto assets.
Read MoreAn early investor who put $2,480 into BNB Life at launch has realized over $13 million in returns. Since June, the whale has sold $7.33 million worth of tokens while holding $5.71 million on-chain, showcasing a calculated profit-taking strategy.
Read MoreOn-chain analysis reveals a whale purchased $30M worth of SK Hynix stock ($SKHX) at an average price of $1,411. As the price rebounded to $1,500, the position has generated over $2M in unrealized profit. Limit sell orders placed near $1,900 suggest a target for $10M total profits.
Read MoreThe latest Fed meeting minutes show heightened concern about inflation. While rates were held steady in June, officials see hikes as possible if price pressures persist. Notably, the AI investment boom is now cited as a new factor that could sustain inflation, joining geopolitics and trade policy in policymakers' calculus.
Read MoreOn July 9, multiple explosions were reported in southern Iran's Bushehr, triggering local air defense systems to intercept aerial targets. Coastal defense systems near Bandar Abbas and Qeshm Island were also activated. Earlier, explosions were heard in Sirik and Chabahar, escalating regional tensions significantly.
Read MorePolymarket is mounting a major comeback in the US through strategic partnerships with MLB, CNBC, and CNN, alongside a large-scale marketing push. The focus is on legitimizing its brand and launching compliant, CFTC-regulated sports prediction markets, marking a pivotal shift after past regulatory challenges.
Read MoreUS-Iran tensions flare with threats to block the Strait of Hormuz, raising global geopolitical risks. Separately, crypto VC Paradigm raised $1.2B to pivot toward AI, while the Fed minutes showed unanimous support for holding rates steady.
Read MoreMarket predictions suggest shipping through the Hormuz Strait may not normalize until 2027. Following the termination of the US-Iran ceasefire, trader outlook has deteriorated sharply, indicating prolonged geopolitical risks for global trade routes.
Read MoreZhipu AI plans to raise approximately HK$31.41 billion through a discounted share placement of 19.78 million shares at HK$1,588 each, representing a 13% discount. The funds will accelerate core AI technology R&D, expand market presence, and strengthen computing infrastructure.
Read MoreTop Republican donor Ken Griffin, CEO of Citadel Securities, has endorsed Marco Rubio over J.D. Vance for a potential 2028 GOP primary. His comments highlight emerging divisions within the party between establishment and anti-establishment factions.
Read MoreAt a press conference, Trump declared himself the "number one target" on Iran's assassination list. He explained skipping the new Air Force One for his return trip, opting for an older model instead, to showcase the new aircraft at European bases and downplayed security concerns.
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