for

According to Caixin, global HBM storage leader SK Hynix officially landed on Nasdaq in the form of American Depositary Shares (ADS), with the stock price rising about 17% at one point after the opening on the first day, reaching a total market value of $1.28 trillion.The report states that this issuance raised as much as $26.5 billion, setting a record for the largest fundraising scale for overseas companies listing in the U.S., surpassing Alibaba's $21.8 billion issuance in 2014, and only second to SpaceX's $75 billion financing, ranking as the second largest stock issuance in U.S. history. On Thursday Eastern Time, SK Hynix set the final issuance price at $149, a slight premium of 3.1% compared to the previous day's closing price on the Korean stock market.Caixin pointed out that the shares offered this time accounted for less than 3% of the company's total market value, with a relatively limited float, but the institutional subscription multiple exceeded 7 times, indicating strong demand from overseas funds for AI storage. As a core player holding 56.4% of the global HBM market share and deeply tied to Nvidia's supply chain, SK Hynix's listing in the U.S. also fills the gap of AI storage leaders in the U.S. stock market.

According to Jinshi reports, the International Financial Association pointed out that the Federal Reserve is becoming more hawkish, and with the resurgence of oil price fluctuations, this may tighten U.S. dollar liquidity and raise the risk threshold for emerging markets.

According to a report by Decrypt, Robinhood Chain quickly became one of the most active public chains in the crypto market just one week after its launch.Official data shows that Robinhood Chain processed over 17 million transactions in its first week, with nearly 350,000 active addresses and a protocol TVL of approximately $250 million. The cumulative trading volume on the DEX surpassed $1 billion. On Wednesday, the single-day trading volume reached $568 million, with a 24-hour DEX trading volume of about $433 million, surpassing Hyperliquid and ranking fifth in the entire network.Driven by the explosive growth of the ecosystem, Meme coins on Robinhood Chain performed strongly, with Cash Cat's market capitalization exceeding $180 million, and tokens like Dog In Hood, Hoodrat, and Robinhood Summer seeing increases of several times or even dozens of times. Reports indicate that some traders turned $800 into over $1 million, while another user increased $85 to $2 million.As the underlying technology provider for Robinhood Chain, Arbitrum (ARB) has benefited significantly, with ARB rising about 20% on the day. According to the mechanism, Robinhood Chain will return 10% of the protocol's net income to the Arbitrum ecosystem.However, the report points out that currently, the activity of Robinhood Chain is still mainly driven by Meme coins, and whether it can smoothly transition to RWA and other application scenarios planned by Robinhood in the long term remains to be seen.

According to Decrypt, the U.S. Department of Justice announced that Rossen Iossifov, the founder of the Bulgarian cryptocurrency exchange RG Coins, has been indicted for allegedly transferring approximately $290,000 in cryptocurrency assets that had been ordered to be forfeited by the court during his imprisonment.Prosecutors stated that in January 2024, while serving his sentence in federal prison, he conspired to transfer the assets involved through multiple cryptocurrency exchanges and mixing services to evade government seizure.Iossifov was previously sentenced to 111 months in prison in 2021 for participating in money laundering of nearly $5 million and assisting a Romanian cyber fraud gang in handling the proceeds, and he was ordered to pay restitution of over $2.6 million and forfeit related cryptocurrency assets. If the new charges are upheld, he could face an additional 25 years in prison.

According to Bloomberg, SK Hynix raised $26.5 billion through American Depositary Receipts (ADR), becoming the largest initial public offering by a foreign company in the United States in history.The company sold 177.9 million ADRs at a price of $149 per share, with each ADR equivalent to one-tenth of a common share traded on the Seoul exchange.

According to the official announcement, the Bitget staking and borrowing platform has now added support for stock tokens (rToken) as collateral assets. The first batch includes 26 popular US stocks and ETF tokens such as rNVDA, rAAPL, rGOOGL, and rQQQ, covering sectors like technology, semiconductors, and index funds.Users holding the relevant stock tokens can now use them as collateral to borrow mainstream assets like USDT and USDC, releasing liquidity without selling their positions. The related features have been launched on the web, and the app version will be available next week.It is reported that the rToken, identified by the letter r + stock code (for example, Nvidia is rNVDA), is issued by Reality, a licensed RWA protocol under Bitget, and is directly connected to global liquidity pools such as NASDAQ and NYSE through collaboration with the compliant broker Alpaca. Its features include: 1:1 reserves of the underlying assets managed by a licensed custodian, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and the ability for positions to serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $5.069 billion, with long positions of $2.498 billion, accounting for 49.28% of the holdings, and short positions of $2.571 billion, accounting for 50.72%. The profit and loss for long positions is -$27.5197 million, and for short positions, it is -$76.0271 million.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $40.6015 million.

Based on the x402 open standard, the HTTP native payment infrastructure PayGo officially announced the completion of strategic financing, with investors including United Overseas Bank (UOB), Signum Capital, and Ledger Capital.It is reported that PayGo is natively built on the ENI blockchain, with its core business providing account-free, subscription-free, and API Key-free request-level instant stablecoin (USDT/USDC) payment settlement services using the HTTP 402 "Payment Required" status code for APIs, AI entities, and the machine economy. PAYG is the governance token for the project.

According to on-chain analyst Onchain Lens (@OnchainLens), a historical whale wallet with cumulative profits exceeding $38.75 million has become active again after months of silence. A few hours ago, it deposited $892,000 USDC into Hyperliquid and staked HYPE, subsequently opening two long positions: 14,290 ZEC (approximately $7.01 million, 10x leverage) and 1.62 million LIT (approximately $3.98 million, 5x leverage), with a total position size of about $10.99 million.In addition, the wallet has placed a limit order to buy another 10,032 LIT.

According to the Science and Technology Innovation Board Daily, MiniMax founder and CEO Yan Junjie issued an internal letter to all employees, responding to recent market fluctuations and emphasizing that the company's long-term direction remains unchanged. In the letter, Yan Junjie announced that starting today, until the day the company achieves AGI, he will no longer receive any salary from the company. Over the next four years, he will allocate personal shares equivalent to 4% of the company's total equity to incentivize team members who work alongside the company to create value together; at the same time, he will set aside 1% of the shares to establish a special fund to continuously support the development of relevant open-source communities.

Bitwise released the Q3 2026 cryptocurrency market review, stating that in the second quarter, the Bitwise 10 Large Cap Crypto Index fell by 15.4%, with 8 out of 10 constituent assets declining. The spot Bitcoin ETF recorded the worst quarterly outflow on record, while on-chain activity, trading volume, and DeFi assets all decreased, and the correlation between the cryptocurrency market and stocks increased.During the same period, the prediction market trading volume reached a new high of $43.2 billion, nearly 18 times year-on-year; the tokenized real-world assets grew by 50.3% this year to $32.89 billion; the Bitwise Crypto Innovators 30 Index rose by 30.6%; the settlement scale of stablecoins was 2.3 times that of Visa, holding more U.S. Treasury bonds than most countries; Hyperliquid, PancakeSwap, and Aave each generated approximately $900 million in revenue over the past year.Bitwise noted that it has recorded negative returns for three consecutive quarters, the longest since 2022, but compared to the bottom of the 2022 bear market, Ethereum trading activity has increased by about 13 times, the value locked in DeFi has grown by over 60%, and the assets under management in stablecoins have roughly doubled.

According to Decrypt, researchers from Tel Aviv University, the Technion - Israel Institute of Technology, and Intuit have discovered a new type of attack method called "adversarial illusion injection." This technique exploits the illusion phenomenon of AI models to trick AI agents into downloading malicious code and potentially forming a botnet.Attackers predict the false resource links that AI models might generate and register them in advance, embedding malicious instructions within. When the AI agent retrieves the resource, it treats it as legitimate content and executes it. Tests show that the illusion occurrence rate in code repository cloning scenarios reaches 85%, and in skill installation scenarios, it reaches 100%. AI coding assistants such as Cursor, GitHub Copilot, Gemini CLI, and OpenClaw are all affected. This attack is similar to "typo-squatting" in traditional cyberattacks, but it targets the errors of AI models rather than human input errors. Previous research has shown that malicious websites can inject prompts to hijack AI agents, and OpenClaw users have reported over 6,000 attempts to trick AI agents into leaking sensitive information.

According to Protos, prosecutors in Wisconsin and New York have expressed dissatisfaction with the stablecoin issuer Circle, citing that Circle has repeatedly hindered law enforcement's attempts to recover stolen funds. Law enforcement agencies in various locations have sought Circle's cooperation to help victims of fraud and hacking incidents recover losses by destroying and reissuing USDC tokens, but Circle has refused these requests based on policy positions.Circle believes that modifying the blockchain ledger to reverse transactions would undermine the fundamental attributes of the USDC stablecoin and set a dangerous precedent for the entire cryptocurrency industry. This position highlights the deep-seated conflict between the immutability of blockchain and law enforcement needs. Prosecutors argue that Circle, as a regulated stablecoin issuer, should bear more social responsibility, while Circle insists on upholding the core principles of blockchain technology, making it difficult for both sides to bridge their differences on this issue in the short term.

According to Bloomberg, the prediction market platform Polymarket is seeking regulatory approval in the United States to conduct margin trading operations in compliance.The company submitted a futures commission merchant (FCM) operating application to the National Futures Association (NFA) through its subsidiary Coming Home GBA LLC on July 3. This move will allow users to participate in event betting with less capital and is expected to attract more professional traders to the market.

According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 0.26%, the S&P 500 index up by 0.8%, and the Nasdaq Composite index up by 1.3%. Micron Technology rose by 4.5%, SanDisk rose by 7.5%, and Western Digital rose by 5%. Meta Platforms rose by 4.7%. The Nasdaq China Golden Dragon Index rose by 0.56%, iQIYI rose by 8.5%, and Alibaba rose by 2%.