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Steven Goldfeder of Offchain Labs revealed that 10% of fees from Arbitrum-based L2s, like Robinhood Chain, will flow into the Arbitrum ecosystem. This includes 8% to the DAO treasury and 2% for development funding, creating a sustainable revenue model for growth.
Read MoreThe White House is preparing for potential days or weeks of clashes with Iran in the Hormuz Strait. With diplomacy stalled, military pressure is now central to U.S. strategy. The safe passage of hundreds of tankers has eased oil price fears, but frustration within Iran's hardline factions adds to the uncertainty.
Read MoreU.S. officials indicate that the duration and severity of Washington's new actions against Iran are contingent entirely on Tehran's next moves. The current escalation could last from days to weeks, depending on whether Iran continues attacks on commercial ships in the Strait of Hormuz.
Read MoreOn July 9, South Korea's KOSPI index turned lower after an initial surge exceeding 4%. Market performance diverged, with Samsung Electronics edging down 0.54% while SK Hynix climbed 3.9%. The shift highlights investor uncertainty and mixed views on the tech sector.
Read MoreThe Fed's June minutes show disagreements stem from inflation outlook assessments, not policy direction. Two scenarios are on the table, with future moves entirely data-dependent. Market expectations for rate cuts are being reconsidered.
Read MoreOn July 9, Zhipu (02513.HK) surged over 10%. The rally coincided with the company's announcement of a share placement plan to raise over HK$31.4 billion at an approximate 13% discount. This significant fundraising move alongside the sharp price increase has drawn market attention to its strategic intentions.
Read MoreSouth 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.
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