base

According to Jinshi, rare internal disagreements within the Federal Reserve have disturbed market expectations, leading to a softening of the dollar, which in turn boosted basic metals such as copper and aluminum.Meanwhile, the conflict in the Middle East continues, coupled with a bottoming out of aluminum inventories and unusual movements in copper warehouse receipts, basic metals are seeking direction amid macroeconomic games and supply-demand struggles.

According to Jinshi reports, explosions were heard at the Muwaffaq Salti Air Base in Jordan (one of the main U.S. military bases in the Middle East).

According to Onchain Lens monitoring, an institution transferred 90,000 HYPE from FalconX to Coinbase, worth 4.85 million dollars.

According to Jinshi reports, JPMorgan expects the Federal Reserve to keep interest rates unchanged, with "maintaining rates but leaning hawkish" (probability of 50%) as the baseline scenario, which could lead to the S&P 500 index remaining flat or declining by 0.5%. Meanwhile, "maintaining rates but leaning dovish" (probability of 28%) is seen as the most favorable scenario for the market, potentially driving the index up by as much as 1%. A 25 basis point rate hike (probability of 20%) could result in the S&P 500 index declining by 1.5% to 2%.

The on-chain spot exchange Rialto has launched the Robinhood Chain token issuance platform Varo. Varo adopts a contract architecture based on Uniswap V3, with no binding curve or graduation fees. Tokens can be traded instantly through the Uniswap liquidity pool at the time of issuance and can be integrated with platforms such as Uniswap, GMGN, LI.FI, BasedBot, and Definitive.Each token issued on Varo has a fixed supply of 100 million tokens, and the initial market value is set by Varo (for example, 60,000 USDG or 30 WETH). There are no reserved shares for teams or developers, and liquidity positions are permanently locked in the contract. The trading fee is 1%, of which 30% belongs to Rialto.The project team also stated that a "one code corresponds to one token" mechanism is used to prevent confusion with tokens of the same name and that the higher initial market value setting aims to reduce the economic incentive for sniper bots to accumulate tokens at low cost.

The Binance contract platform will launch the PYPLUSDT perpetual contract on July 29 at 17:00, the GSUSDT perpetual contract at 17:05, and the SMHUSDT perpetual contract at 17:10, with a maximum leverage of 20 times.

According to Bloomberg, OceanBase, a database company supported by Jack Ma, is in discussions with investors for Series A financing, planning to raise approximately 2 billion to 3 billion yuan (about 295 million to 443 million USD) to promote the company's independent operations and accelerate the development of its AI database business.OceanBase was originally developed in 2010 to meet the internal database needs of Ant Group and has supported Ant Group in achieving a transaction processing capacity of 500,000 transactions per second during major promotional events like "Double 11." Sources say that OceanBase is currently strengthening its AI analytical capabilities, enhancing its ability to process not only structured data but also semi-structured and unstructured data such as videos, aiming to become a key infrastructure connecting enterprise data with AI models and AI Agents. To facilitate a future spin-off listing, OceanBase has established an independent board of directors in 2024 and set up an employee stock incentive plan. Additionally, sources reveal that Ant Digital Technologies, the enterprise services division of Ant Group, is also exploring independent financing options.

According to Jinshi reports, U.S. officials stated that Iran launched a ballistic missile at a U.S. military base in Jordan.

According to official news, Base Build announced the launch of Base Verify Onchain to address the issue of witch attacks in the blockchain ecosystem. This feature has been launched on the Base Sepolia test network, allowing developers to implement the "one real user, one claim" rule in smart contracts. Base Build stated that traditional airdrop mechanisms are easily manipulated by bulk wallets, and a large number of rewards are often obtained by professional airdrop farmers, while users who genuinely participate in product development can only receive limited benefits.Base Verify Onchain helps project teams identify multiple wallets controlled by the same user by generating a stable identity hash for each real user, without needing to obtain users' names, account information, or other private data. Users can complete verification through existing accounts such as Coinbase, Instagram, X, and TikTok. The system then returns a verified identity credential to the smart contract, which automatically enforces rules such as claim limits, voting restrictions, or quota controls. Currently, Base Verify has been used over 300,000 times and serves collaborative projects such as Base App, Cody, Scratch, and Bracket. Base Build stated that Verify Onchain will provide fairer airdrops, token distributions, governance voting, and user incentive mechanisms for decentralized applications. Developers can use this technology to limit the number of claims per real user, allocate rewards based on real identities, or convert real-world signals into on-chain credibility, thereby reducing the impact of bots and multi-wallet manipulation on the fairness of Web3 applications.

According to Onchain Lens monitoring, the Bitwise BHYP Hyperliquid ETF transferred 39,300 HYPE to Coinbase about 1 hour ago, worth approximately $2.13 million.Over the past few weeks, the fund has cumulatively transferred 280,700 HYPE to Coinbase through multiple transactions, worth approximately $17.35 million. It currently holds 354,000 HYPE, worth approximately $19.25 million, with an additional $34.62 million worth of HYPE staked in Hyperliquid.

According to Onchain Lens monitoring, BlackRock transferred approximately $10.07 million in assets from its ETF wallet, with 158.57 BTC (worth about $10.06 million) and 4.49 ETH (worth about $8,500) being transferred to the Coinbase Prime wallet.

According to the official announcement, Bitget has launched the U-based AEON perpetual contract, supporting up to 20x leverage. The contract trading bot will also be opened simultaneously. For more details, please refer to the official Bitget platform.

According to The Block, Coinbase has appointed senior employee Rob Witoff (@RWitoff) as the new Chief Technology Officer (CTO), coinciding with ongoing executive adjustments at the largest cryptocurrency exchange in the United States.Witoff previously served as the head of the Coinbase platform and recently stated that 95% to 100% of the company's code is written with AI assistance, with the workload of AI agents equivalent to about 1,200 full-time developers.

According to monitoring by Onchain Lens, the BlackRock ETF wallet transferred over $271 million worth of crypto assets to Coinbase Prime, possibly for sale. This includes 3,310 BTC, approximately $216 million; and 28,400 ETH, approximately $55.68 million.

According to The Block, the Japanese listed company Metaplanet has acquired Siiibo Securities, which holds a type of financial product business license, and is authorized to design and sell securities in Japan.Research firm Benchmark pointed out that the market generally views this acquisition of approximately 2.1 billion yen (about 13 million USD) as a small-scale expansion. However, Metaplanet actually plans to use this as a basis to issue Bitcoin collateralized bonds called "Bitbonds" with an annualized interest rate of about 4% to 6%, and subsequently migrate to the blockchain and settle through stablecoins, gradually forming a secondary market. Metaplanet aims to allow companies wishing to adopt a Bitcoin balance sheet strategy to issue bonds on its platform to purchase BTC, and under the "Project Nova" roadmap, to create a new type of financial institution centered around Bitcoin. Currently, the company holds approximately 43,000 BTC, making it the third largest Bitcoin treasury among publicly listed companies globally.

Coinbase posted on the X platform that it is upgrading the Coinbase DEX experience, allowing users to immediately find and trade after Base or Solana tokens go live on the chain, now available in the new Launches tab.

According to the official announcement, the Binance Futures platform will launch the TMFUSDT perpetual contract on July 27 at 21:30, the TBTUSDT perpetual contract at 21:35, and the BITOUSDT perpetual contract at 21:40, with a maximum leverage of 25 times. Users can pay attention to subsequent announcements for more information.

Coinbase CEO Brian Armstrong tweeted in response to the viewpoint "If you're in the cryptocurrency space, turn to AI," stating that this is a flawed way of thinking and a zero-sum game mentality. Brian Armstrong emphasized that cryptocurrency is a universal technology, an infrastructure, just like electricity or the internet. It does not compete with the next hot technology because it supports the latter. It is "both-and," not "either-or." Artificial intelligence, as a major trend, does not diminish the importance of cryptocurrency. On the contrary, it makes cryptocurrency even more important.AI agents require their own financial infrastructure, and ultimately their daily trading volume will far exceed the total of all human trading volumes. They cannot open bank accounts, cannot wait three days to receive remittances, and they cannot reside in just one country. They need real-time programmable money (which is exactly what cryptocurrency is). Agents need to hold funds and make payments themselves. Coinbase was the first to launch the x402 protocol, Base, and USDC, which now support the vast majority of payments for agents. Agents will also participate in trading and act as financial advisors. They will raise or borrow funds for ongoing new projects. They will also save users from the tedious tasks of tax planning, portfolio rebalancing, and bill payments.