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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.

On-chain analyst Specter issued a community alert on the X platform, indicating that the BNB Chain ecosystem project CodexField may have fraud and Rug Pull risks. The project has raised over $85 million with official support from BNB Chain.Specter tracked and found that the project wallet began transferring 17.3 million USDT from Tron to Ethereum, then exchanged it for DAI through Bitget Swap and transferred it to Polygon. Currently, $6.5 million has been transferred, while $10.8 million is still pending. The project operates two domain names and four subdomains for user deposits, and Blocksec MetaSuites has labeled the deposit contract as "Fake CodexField," but on-chain evidence shows that the contract is controlled by the project team. The flow of project funds is abnormal, as they are deposited into centralized exchanges through multiple chains and intermediary wallets, with just two Tron wallets having deposited over $3.4 million into exchanges. Specter calls on Binance founder Zhao Changpeng and BNB Chain to pay attention to this matter and possibly initiate an investigation.

Regulatory documents show that MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire a majority stake in MAT 1177 LLC, which holds the Texas data infrastructure park project, leaving a small minority stake for the seller.The project company has signed a letter of intent with the power company, planning to provide up to 2000 megawatts of power for the construction of a large digital infrastructure park that supports high-performance computing and Bitcoin mining. The transaction price will be paid in installments based on milestones, with a total acquisition amount of up to $600 million if all development milestones are completed. The acquisition of related land, power access, and subsequent execution of data center leases will trigger the installment payment obligations.

Bitget PoolX will launch the project Nesa (NES), locking ETH to share 620,000 NES, with a personal lock-up limit of 1,500 ETH. The lock-up channel will be open from July 8, 18:00 to July 17, 18:00 (UTC+8).In addition, during the event, users with a positive net deposit of ETH can receive a 4% ETH wealth management interest coupon after the event ends; users who participate in PoolX for the first time and meet the net deposit conditions can receive a 15% ETH interest coupon. The net deposit statistics period is from July 7, 20:00 to July 16, 20:00 (UTC+8). For more details, please refer to the Bitget official platform.

Jack Yi stated that the weekly level of Bitcoin is still in a downtrend, and in the short term, attention should be paid to whether it can effectively break through 68,000 USD.He believes that only by strongly standing above 68,000 USD can a more significant reversal in the market occur; if the breakout fails, the price may once again test the bottom, and there is a risk of falling below 47,000 USD that needs to be monitored.

According to Bloomberg, Micron officially broke ground on its factory expansion project in Higashi-Hiroshima City, Hiroshima Prefecture, Japan on Saturday. The total investment for the project is approximately 1.5 trillion yen (about 9.3 billion USD), aimed at producing advanced memory chips for the AI era.The new production line will focus on key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors like those from Nvidia. The related chips are expected to start shipping as early as the summer of 2028.The Japanese Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidy support for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience.This expansion project is seen as an important step for Japan to strengthen its semiconductor manufacturing layout in the global AI chip competition.

DeSci Protocol Bio Protocol announced the launch of OpenLabs, positioned as a collaborative coordination layer between humans and agents in scientific research, aimed at transforming scientific ideas into funded execution projects.Bio stated that DeSci has proven over the past few years that the community can coordinate capital and data at internet speed, and agents have also become real scientific collaborators, capable of reading papers, running queries, drafting hypotheses, and designing experiments.OpenLabs consists of five interconnected layers: posts and discoveries, projects, agent collaboration, Web3 incentive layer, and bounty system. In terms of the incentive layer, OpenLabs plans to adopt a financing mechanism based on USDC yields to fund agent reasoning and tool usage. Users can deposit USDC and choose to support projects, with funds deployed to audited yield vaults like Morpho and Aave, generating yields that flow to projects for computation, querying, and simulation, with the principal not bearing risk. Once projects reach the stage requiring real capital, they can issue tokens through the Bio launchpad or conduct private placements and follow traditional biotech paths.

According to The Defiant, ENS community member Christoph Jentzsch proposed on the X platform that the ENS DAO dissolve itself, stating that "the ENS DAO has collapsed," and suggested destroying the ENSv2 Universal Router keys and reallocating the remaining funds, officially transforming ENS into a public infrastructure. Jentzsch, who wrote code for "The DAO" in 2016 and currently operates Tokenize.it, stated that he does not hold any formal position in ENS governance.Previously, ENS co-founder Nick Johnson unilaterally vetoed the security council renewal vote using about half of the active voting power of the protocol, while about two weeks ago he supported another proposal to expand the ENS Foundation's control over the treasury by delegating nearly half of the active voting power to himself.

Empery Digital (EMPD) stated that it may sell part of its holdings of 3,000 Bitcoins to finance a $65 million AI data center project. The company currently has no plans to continue increasing its BTC holdings.

According to Marc Zeller, founder of the Aave Chan Initiative (ACI), the Aave DAO commissioned service provider ACI has officially ceased operations today, marking the end of this community-led governance platform after more than three years of operation.Reflecting on this, Marc Zeller noted that ACI was established during a low point for DeFi, with Aave's TVL shrinking to a quarter of its peak, and the protocol losing about $35 million annually. During its tenure, ACI helped Aave turn around its operational status to an annual revenue of $150 million, drove the AAVE price up by 9 times, and established a mature DAO governance and service network.Marc stated that the end of ACI is not the end of the journey, and new project plans will be announced soon.

According to a report by businesswire, Nasdaq-listed Bitcoin treasury company Empery Digital announced that it has signed a final cooperation agreement with Hunt Properties, investing $65 million to acquire a 25% equity stake in a new project entity.The entity plans to acquire and transform industrial buildings in the American Midwest to create a professional AI data center. The two parties have established a long-term strategic partnership to jointly develop computing power assets, promote the expansion of AI and high-performance computing (HPC) infrastructure, and integrate the advantages of power supply, grid access, and capital market financing.At the same time, Empery Digital announced that it will terminate the previous public data disclosure based on the net asset value (NAV) of Bitcoin holdings. The company explained that the current asset structure can no longer rely solely on Bitcoin holdings for measurement, and in the future, it will focus on seizing growth opportunities in AI computing power and energy infrastructure, diversifying and expanding its physical computing power business.

According to the Web3 asset data platform RootData, the number of closed projects in the crypto industry has increased to 70 since 2026 and is still growing. The latest included projects cover multiple tracks, including Layer 2 protocol Loopring, lending blockchain UX, cross-chain clearing layer Everclear, decentralized credit protocol Goldfinch, Bitcoin-based Layer 2 Botanix, peer-to-peer NFT lending protocol NFTfi, and the news media DL News under DefiLlama.

DefiLlama data shows that in the past week, the income returned to token holders from DeFi protocols was mainly concentrated in a few projects, with the top ten protocols accounting for over 80% in total.Among them, Hyperliquid ranked first with approximately $12.3 million, accounting for about 43.9%; Pump ranked second with about $3.5 million, accounting for about 12.6%; protocols such as Aerodrome, Uniswap, and Chainlink also made it to the top. Holders Revenue refers to the value returned to token holders through methods such as token buybacks, burns, or distributions to stakers.

The South Korean government has announced significant project plans in the areas of chips, physical artificial intelligence, and artificial intelligence data centers. South Korean President Lee Jae-myung stated that it is necessary to ensure the development of artificial intelligence elements faster than other countries, and chip production construction must be completed as soon as possible.The current factory site selection is nearing its limits in terms of water resources and other infrastructure. The southwestern region will invest between 50 trillion to 200 trillion won in the new projects, while Gwangju and Jeolla may invest 52 trillion won in the projects. Regarding the detailed planning for the factories, the South Korean government announced that it is expected to build four chip factories in the southwest, with an investment of about 800 trillion won; Samsung Electronics and SK Hynix will each build two new factories; it is expected that investment in the chip sector will reach at least 300 trillion won over the next 15 years, including next-generation memory, edge artificial intelligence, and defense.Investment in the chip packaging cluster in the Chungcheong region is expected to reach 81 trillion won. It is anticipated that approximately 55 trillion won will be invested in the construction of artificial intelligence data centers. The South Korean government expects to double DRAM production capacity within five years, and the global memory market is expected to quadruple in five years. The South Korean side also stated that it seeks to distribute the growth dividends to the public.

The Hyper Foundation announced that it will provide approximately $10 million in grants to developers affected by the USDH exit, to cover migration costs and support an orderly transition of the ecosystem. This round of funding will be allocated to affected HIP-1 spot deployers, HIP-3 perpetual contract deployers, HyperEVM protocol, USDH:USDC cross-chain bridge, and other ecosystem participants.Among them, migration grants are aimed at teams migrating USDH-related markets or deployments to USDC; while exit grants are for projects that choose to terminate USDH-related businesses, with amounts lower than equivalent migration plans, to encourage a smooth conclusion of the ecosystem. HIP-1 and HIP-3 grants are based on auction deployment cost estimates, while HyperEVM grants are assessed based on the scale of USDH TVL affected. All beneficiaries must complete migration or business closure by the end of July.On the user side, USDH holders need to operate according to the guidelines of each protocol and can complete the exchange to USDC through the spot market or HyperEVM path. The official has provided support for asset conversion with no fees or spot trading channels. The Hyper Foundation also stated that the USDH migration is progressing smoothly, thanks to the active cooperation of developers and the community, and expressed gratitude to the relevant builders.

Web3 security company GoPlus Security pointed out that there has been a recent surge in smart contract vulnerability attacks, particularly targeting older contracts that have been deployed for many years. Attackers are leveraging AI technology to quickly discover and exploit these vulnerabilities.Recent typical incidents include:On June 9, a Token of Power (TOP) contract deployed 7 years ago was attacked on Ethereum, resulting in a loss of approximately $1.5 million;On May 25, a WUSD.fi contract deployed 3 years ago was attacked, resulting in a loss of approximately $200,000;On June 14 and June 18, Aztec Network was attacked twice in a row due to an old contract deployed 2 years ago, with total losses exceeding $4 million.GoPlus Security believes that traditional auditing methods are insufficient to effectively cover legacy contracts, and adopting AI-based Always-on Audit services may be the most effective solution currently available, capable of conducting security checks on old contracts in a short period while balancing reliability and cost.

Grayscale posted the current protocol revenue rankings of the top 15 on-chain applications, with Hyperliquid (HYPE) ranking first with $871 million in 12-month protocol revenue, followed by Pump.fun (PUMP, $459 million) and PancakeSwap (CAKE, $322 million).The accompanying image shows that some leading applications already have real cash flow and lower operating costs, but their current valuation multiples remain low. For example, the revenue multiples for projects like PUMP, CAKE, and METEORA are only 1x, AERO is 4x, and LDO is 3x.Grayscale stated that in the context of the CLARITY Act potentially advancing in the coming weeks, these on-chain applications with real revenue and relatively reasonable valuations may become attractive investment opportunities.