ChainCatcher

According to official news, Robinhood announced that it will soon launch AI agent cryptocurrency trading features for eligible U.S. users.Users can connect the AI agent to their exclusive Robinhood accounts, allowing the AI to execute cryptocurrency trades on their behalf, while also supporting real-time profit and loss tracking and push notifications, maintaining consistency with the existing agent trading experience. Specific details will be announced in the near future.

It is not a one-time upgrade, but a series of protocol improvements that will be implemented in phases over the next three to four years, covering almost every core module of the protocol, from verification methods, cryptography, finality to state storage, all of which will be completely restructured.

According to analyst Specter, the Hedera network is suspected to be under attack, with attackers transferring over $3.7 million to Ethereum via a cross-chain bridge.The stolen funds, after being cross-chained from the Hedera network through LayerZero, are currently being exchanged from WBTC to ETH.

Vitalik posted on the X platform, stating that AI 2040 and its critics have incompatible worldviews regarding the speed and significance of AI progress. AI 2040 believes that unless strong measures are taken to completely prevent it, some form of superintelligence will emerge in various scenarios by 2040; critics argue that AI 2040 underestimates human coordination capabilities and threatens freedom, but do not view ASI itself as a risk of power concentration.He believes that if he were convinced that the current form of AI is just an ordinary technology, he would be closer to the critics' camp; if he were convinced that superintelligence would inevitably arrive by 2030, he would be closer to the AI 2040 camp. At the same time, due to significant uncertainty, he remains open to the idea of slowing down or pausing, and feels uncomfortable with the stance proposed by some large AI companies and intellectuals that "open source is detrimental, and the ideal outcome is to maintain global control dominance."Vitalik stated that an important reason he supports the d/acc platform is that directions such as formal verification, cryptography, secure and open hardware, pandemic resilience, defensive biotechnology, food and basic resource security, public cognitive systems, and non-concentrated power physical security are worth promoting under both worldviews. He also mentioned that the 2040 plan has increasingly supported open source and incorporated the idea of "mutual assured destruction of computational power," which is an improvement compared to allowing a few participants to selectively deprive their identified subjects of rights.There is no way to avoid trade-offs regarding whether to slow down or pause, and Vitalik believes that trigger conditions can be preset, allowing for a more open attitude towards slowing down or pausing when sufficient conditions are met within a specific timeframe.He also stated that if he were Elon Musk or Zuck, he would significantly transform Twitter into a platform that helps identify and facilitate such large win-win agreements, encouraging more people to participate in discussions, but he thinks this might also be naive. Currently, he does not see any non-naive ASI transition response plans, so he tends to show some tolerance towards those who are trying.

The US stock indices appear calm (VIX is low), but UBS's market vulnerability indicator has surged to a historical high of 0.9. As the "high expectations" earnings season kicks off with a 24% increase in second-quarter profit forecasts, internal market pressures are accelerating: individual stock volatility has exceeded three times that of the indices, bond market yields are approaching 4.6%, and rising oil prices (Brent crude nearing $80) threaten inflation and European stock markets.

According to on-chain analyst @ai_9684xtpa, whales that have been continuously accumulating ETH and WBTC since July withdrew 9,883 ETH from Binance 8 hours ago.So far, they have accumulated a total of 44,459.23 ETH and 250 WBTC, with an average withdrawal price of $1,692.83 and $62,628 respectively, realizing an unrealized profit of $4.755 million.

According to Bloomberg, the crypto bank Custodia Bank has submitted a petition to the U.S. Supreme Court, requesting a review of its case regarding "being unlawfully denied access to the Federal Reserve payment system." Custodia applied for a master account access with the Kansas City Fed in 2020, but the Federal Reserve denied it in 2023 on the grounds that its "business model focuses on activities related to crypto assets."Custodia filed a lawsuit, but the Tenth Circuit Court of Appeals upheld the Federal Reserve's decision. In the petition, Custodia stated that the case raises "extremely important questions"—whether regional Federal Reserve banks can veto state bank charter decisions by denying access to central bank payment services.Custodia founder and CEO Caitlin Long stated that Wyoming has created a crypto-friendly environment through dozens of laws, but the Kansas City Fed chair "disagrees with Wyoming's policy choices." The Supreme Court will decide whether to hear the case after the October recess.

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.

Binance Research released a report on tokenized stocks showing that bStocks has increased the number of tokenized stock assets from 5 to 25 in less than a month since its launch, with a market capitalization approaching 300 million USD.In terms of user participation, among 190,417 bStocks users, 41.5% only trade bStocks, while 58.5% participate in perpetual contracts and/or stock products. The report also indicates that a total of 2,806 users engaged in cross-market arbitrage, with 206 systematic arbitrage users contributing 198.2 million USD in rapid matching transaction volume, accounting for 96.5% of the relevant transaction volume.The report states that bStocks' appeal is particularly evident during non-trading hours. During regular trading hours, the share of stock spot transaction volume is 52%, while bStocks accounts for 48%; however, during non-trading hours, the share of bStocks transaction volume rises to 58%, surpassing the stock spot's 42%.Additionally, bStocks has begun to extend into on-chain yield scenarios. Currently, the relevant liquidity pools can offer an APY ranging from 32% to 228%, while the yield of the native credit pool is between 5% and 10%, indicating a total TVL of approximately 1.15 million USD.

The Binance contract platform will launch the SKHYUSDT perpetual contract on July 10 at 23:50, with a maximum leverage of up to 50 times, settlement asset in USDT, and trading available 24/7.

Backpack announced the launch of the first 24/7/365 real-time US stock trading market for international investors, allowing users to buy and sell real American stocks around the clock, rather than synthetic derivatives. The first batch of supported stocks includes SpaceX (SPCX), Micron (MU), and SanDisk (SNDK).Backpack stated that the platform offers real equity ownership, instant settlement, and continuous price discovery, and supports deposits in fiat currency or stablecoins. In addition, the platform also supports tokenized versions of these assets on Solana, allowing users to achieve a 1:1 conversion between traditional securities and tokenized stocks on the Backpack platform.

According to Cointelegraph, the Federal Reserve Board (Fed) announced that a16z co-founder Marc Andreessen will join the "Productivity and Employment" working group led by Federal Reserve Chairman Kevin Warsh, responsible for studying the impact of artificial intelligence and emerging technologies on economic growth, the job market, and production efficiency.The working group also includes Stanford University economics professor Charles I. Jones (currently on leave at Anthropic) and Microsoft Executive Vice President and Xbox head Asha Sharma.

When the apparent prosperity supported by incentive and arbitrage funds fades, there is still a solid value pivot missing between MEGA's current market value and its true on-chain fundamentals.

In the field of basic text models, Zhipu and DeepSeek are considered the most competitive in the long term, while ByteDance leads in the multimodal field. Goldman Sachs believes that China's AI large models have transitioned from "low cost" to "high intelligence," with open-source models represented by Zhipu GLM and DeepSeek approaching the performance of the world's top closed-source models. With cost advantages, an open-source ecosystem, and overseas expansion, they are expected to drive rapid growth in the Chinese AI market.

As the leader in HBM with a market share exceeding 56%, SK Hynix's listing in the U.S. is seen as a "referendum" on the sustainability of AI demand. Despite the volatility of its underlying stock and limited arbitrage opportunities, due to its valuation being significantly discounted compared to its U.S. counterparts, institutions expect that the ADR will show a premium of 5% to 30% relative to Korean stocks, becoming a new barometer for testing the valuation debate of AI on Wall Street.

According to Jinshi reports, SK Hynix's American Depositary Receipts indicate an opening price of $180, with an issue price of $149.

The Web3 asset data platform RootData has now fully opened its personnel data, adding data on current and former team members in its project query function published on ClawHub Skill. It has newly added dynamic data on positions in the crypto field (covering the latest 200 hiring/termination updates) and supports queries for information on over 20,000 individuals in the crypto field, including introductions, links, and work details. All data is available for free access by AI agents.RootData has long tracked tens of thousands of LinkedIn and Twitter data, and based on user-submitted data, it maintains the most comprehensive and timely personnel database in the industry to meet users' more detailed information needs and reduce information barriers in the industry.RootData stated that through this comprehensive opening, it hopes to help more users quickly find key talents, gain insights into industry talent flow trends, and provide efficient data support for Web3 project recruitment, investment decisions, and industry research.

On-chain detective ZachXBT posted that an early whale address related to the initial allocation of the Solana genesis block was suspected to have been attacked a few hours ago, with approximately 180,900 SOL (about 14.2 million USD) stolen.ZachXBT stated that in collaboration with the on-chain investigation agency Specter Investigation, they discovered abnormal unstaking and cross-chain operations to Ethereum while tracking unusual fund flows, and subsequently confirmed that the related assets had been transferred.Currently, the involved victim address and several suspected theft addresses have been made public, and the specific method of attack and the whereabouts of the funds are still under further investigation.

According to Decrypt, the AI-driven decentralized finance infrastructure project TrueDAO announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital.The funds raised will primarily be used for the development of core AI protocols, the construction of AI risk control systems, security audits, compliance work, and the expansion of ecosystem partnerships. After the financing is completed, TrueDAO will advance the launch of the testnet, developer tools, and ecosystem integration plans.

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.