Woofun AI reports that Ondo Perps has recorded over $2 billion in trading volume during the first 48 hours following its public launch. The platform simultaneously introduced new trading markets for Bitcoin (BTC) and Ethereum (ETH).

Woofun AI reports that Lovable, a Swedish AI application development platform, is negotiating a $300 million funding round valued at $13.2 billion. Menlo Ventures is expected to lead the investment following the launch of its $3 billion fund last month.Founded less than three years ago, Lovable reached an annualized revenue run rate of $500 million in June. The platform serves founders, independent designers, and sales professionals building websites and e-commerce stores, while also providing ambient programming tools to enterprise clients such as Workday, Asana, and Nvidia.

Woofun AI reports that Bank of Korea Governor Lee Ju-yeol stated the necessity of raising interest rates at the appropriate time.

Woofun AI data shows that the Hong Kong stock market opened with divergent performance across major indices. The Hang Seng Index declined by 0.07%, while the Hang Seng Tech Index advanced by 0.29%. In sector-specific movements, storage-related equities demonstrated upward momentum, with Zhaoyi Innovation (03986.HK) increasing by 5.8% and Lanke Technology (06809.HK) rising by 4.4%.

Woofun AI reports that U.S. Senator Ron Wyden has communicated with Senate leadership to advocate for the inclusion of the Blockchain Regulatory Certainty Act (BRCA) within the CLARITY Act. The proposed provision seeks to codify current federal policies, ensuring non-custodial software developers are not classified as money transfer agencies solely for releasing their tools, while maintaining the ability of the Department of Justice and FinCEN to pursue regulatory violations.

Woofun AI reports that OpenAI has deployed the GPT-Live architecture to global ChatGPT users, offering GPT-Live-1 mini for free accounts and GPT-Live-1 as the default for paid subscribers. This third-generation model utilizes a full-duplex design to allow simultaneous listening and speaking, incorporating active listening cues like "Hmm" to facilitate natural, turn-free dialogue.The system separates real-time conversation from complex processing by offloading deep reasoning and search tasks to GPT-5.5 in the background. While awaiting results, the interface maintains conversational flow and can display visual cards for data such as weather or stock updates to enhance user comprehension.

Woofun AI reports that law enforcement data reveals Texas residents suffered $56.8 million in losses from cryptocurrency ATM scams over the past year. Approximately 1,200 individuals were victimized as fraudsters impersonated officials to coerce cash conversions into irreversible crypto transfers.

Woofun AI reports that Citigroup economist Jin-Wook Kim anticipates the Bank of Korea will increase its benchmark rate from 2.50% to 2.75% at the upcoming policy meeting. The forecast includes a 25 basis points hike each quarter during the second half of 2026, with specific rate increases expected in July and October this year, as well as January and April next year. Kim noted that the central bank may highlight upside risks to its 2026 growth projections due to revised first-quarter data and robust second-quarter economic activity.

Woofun AI reports that Block has agreed to a $45 million settlement with regulatory authorities in nearly 50 U.S. states. Regulators previously alleged that Cash App exaggerated its security measures by claiming bank-level protection while failing to prevent fraud or provide adequate support.Under the settlement terms, Block is required to enhance customer service, provide round-the-clock support, and cease making misleading statements regarding the platform's security capabilities.

Woofun AI reports that a user lost approximately 999,999 USDT after granting approval for a phishing token on Ethereum. The attacker's initial attempt to withdraw $1 million failed because the requested amount exceeded the wallet balance by $631. After recalculating 36 seconds later, the attacker successfully withdrew the entire remaining balance.

Woofun AI data shows that Abraxas Capital has withdrawn 3,931 XAUT tokens from centralized exchanges within the past 12 hours. The total value of this transfer is approximately $15.97 million.

Woofun AI reports that Pump.fun has integrated support for trading tokens on the Robinhood Chain. Users can now utilize SOL to execute trades directly on the platform without requiring any cross-chain operations.

Woofun AI reports that an early Binance Smart Chain investor realized $4.95 million by selling 7 million BSC tokens today, following a 5000x return on initial capital. The whale originally acquired 18.5 million tokens for 2.14 BNB in October last year and has since sold 10.5 million tokens, generating over $13 million in total profits while retaining 8 million tokens on-chain.

Woofun AI reports that Alfa-Bank intends to operate as a digital custodian, offering cryptocurrency services to its clientele and other legal entities. Chief Operating Officer Dmitry Vitman stated the bank seeks to develop open blockchain-based investment instruments to attract foreign capital and create competitive proprietary products. He expects retail brokerage services to emerge between late 2026 and early 2027 following regulatory implementation, though significant liquidity is not anticipated until at least the end of 2027. Under Russian law, digital custodians must monitor all client transactions and freeze transfers to unapproved addresses.

Woofun AI reports that Kazakh President Kassym-Jomart Tokayev signed a decree on "Measures to Stimulate and Develop the Digital Asset Industry," permitting enterprises and state bodies to utilize stablecoins for international payments. The legislation aims to expand import and export channels by researching crypto payment mechanisms while exempting individuals from personal income tax on transactions via state-regulated infrastructure. Users are encouraged to migrate assets from unregulated overseas platforms to local providers.Furthermore, the decree limits the use of associated natural gas for mining, allowing it only if it is not required to meet national needs. The Ministry of Digital Development, Innovation and Aerospace Industry, the central bank, and the Astana International Financial Centre jointly drafted the measure.

Woofun AI reports that Binance co-founder He Yi stated on social media that supporters of him or CZ should purchase BNB directly rather than seeking signals. He emphasized that his Binance holdings are fully transparent and warned against treating his online interactions as trading guides. He Yi further noted that while he holds no bias against memes, he believes the BNB chain's meme value warrants better aesthetics.

Woofun AI reports that a prominent holder realized substantial gains from early Binance Life token acquisitions. The investor initially spent 2.14 BNB, equivalent to $2,480, to purchase 18.5 million tokens within 30 minutes of the project's launch last October.Recent on-chain activity shows the whale offloading 7 million tokens valued at $4.95 million, with 6.9 million transferred to Binance and 100,000 sold for BNB. Cumulative sales since June total 10.5 million tokens worth $7.33 million, growing the initial capital to over $13 million while retaining 8 million tokens.

Woofun AI reports that U.S. SOL spot ETFs experienced a single-day net outflow of $8.6468 million on July 8 (Eastern Time). The Bitwise Solana Staking ETF (BSOL) accounted for the largest portion with a $6.6086 million net outflow, despite its historical total net inflow reaching $900 million. Grayscale Solana Trust (GSOL) followed with a $2.0381 million net outflow, holding a cumulative net inflow of $108 million. Total net asset value for SOL spot ETFs is currently $894 million, representing a 1.99% net asset ratio, while historical cumulative net inflows have reached $1.137 billion.

Woofun AI reports that Changxin Technology has commenced its STAR Market IPO issuance following China Securities Regulatory Commission approval. The company intends to raise 29.5 billion RMB, implying an issuance price of approximately 4.41 RMB per share and a post-listing market capitalization nearing 295 billion RMB.Issuance structures dictate that 78% of shares remain restricted on the first trading day, limiting initial tradable market cap to roughly 6.5 billion RMB. Strategic placement accounts for 50%, while offline allocations follow a "3+7" rule with 70% locked for six months. Major shareholders have pledged a 36-month lock-up, and lead underwriter CICC holds a 15% over-allotment option for price stabilization within 30 days.

Woofun AI reports that nine departments, including the Ministry of Commerce, released guidelines to accelerate retail innovation. The measures mandate digital transformation for inventory and logistics, encourage AI applications like unmanned vending, and promote digital yuan usage for consumption vouchers via smart contracts to ensure precise subsidy delivery.

Woofun AI reports that Coinbase has obtained UK investment service authorization from the Financial Conduct Authority under the MiFID framework. This regulatory approval enables the exchange to provide cryptocurrency, stock, and derivative services through a single platform and login system. Advanced traders will gain access to perpetual futures for cryptocurrencies, stocks, and commodities, while retail investors can trade equities. The platform will also support stablecoin payments, savings, lending, and tokenized real-world assets, complementing Coinbase's existing Electronic Money Institution license and crypto asset service provider registration.

Woofun AI reports that Strive Vice President of Bitcoin Strategy Joe Burnett clarified misconceptions regarding Bitcoin's breakeven annualized rate of return. He defined three distinct capital allocation paths: Bullish Bitcoin involves leveraging long-term funds at under 20% cost for significant appreciation; Neutral Bitcoin relies on 3.3% annual growth to cover dividends, requiring only belief in inflation outperformance; Bearish Bitcoin utilizes shorting or amplification strategies. Burnett emphasized that these corresponding instruments enable major allocators to align with their views, channeling over $1T into the Bitcoin market.

Woofun AI data shows that the cryptocurrency Fear and Greed Index increased to 22 today, up from 20 yesterday. Both readings place the market within the "extreme fear" zone.

Woofun AI data shows that US spot XRP ETFs recorded a total single-day net outflow of $7.2918 million as of July 8 Eastern Time. Bitwise XRP ETF (XRP) was the sole contributor to this outflow, reducing its historical cumulative net inflow to $494 million. Total assets under management for spot XRP ETFs reached $983 million, with an XRP net asset ratio of 1.45% and cumulative net inflows of $1.479 billion.

Woofun AI reports that Ark Invest purchased 181,847 shares of SpaceX on Wednesday, valuing the transaction at approximately $27 million. The stock, trading under the ticker SPCX, declined 0.81% to close at $148.26, marking a cumulative drop of 13.5% across the last five trading days.

Woofun AI data shows that the South Korean KOSPI index recorded a 4.00% intraday increase on July 9. SK Hynix shares led the rally, extending their gains to 9% during the same trading session.

Woofun AI data shows that a significant market participant established a $30 million long position in SKHX at an average entry price of $1411. As the asset price recovered from $1300 to $1500, the position generated an unrealized profit of $2.08 million.The trader has placed limit sell orders within the $1880 to $1900 range. A return to new highs would result in a total profit of $10 million for this position.

Woofun AI reports that global cross-border payment infrastructure provider Nium has acquired Cypher, a crypto-native non-custodial wallet and card issuer. The acquisition aims to integrate digital asset functionalities with Nium's global payment network to advance fiat-to-chain payment services.Cypher's existing platform, including consumer applications, corporate card platforms, and the CYPR ecosystem, will undergo a gradual shutdown. Operations are scheduled to officially cease on September 6, 2026.

Woofun AI reports that Zapper, a DeFi portfolio tracker, will permanently discontinue all services, including its website, mobile application, and API, on August 3. Seb Audet, CEO of the company, confirmed that after nearly seven years of operation, an orderly shutdown is the chosen path. Founded in 2019, Zapper is a DeFi tool with features encompassing liquidity pool monitoring, yield farming tracking, DEX aggregation, and NFT support. At its peak, the platform recorded 2 million monthly active users and processed over $13 billion in transaction volume. The project previously secured a $15 million Series A funding round led by Framework Ventures, with participation from Mark Cuban.

Woofun AI reports that Strive Vice President Joe Burnett stated major global capital allocators now possess Bitcoin-related tools aligned with their market views. He explained that bullish investors can hold Bitcoin or Amplified Bitcoin if they anticipate growth exceeding borrowing costs, while neutral investors may hold Digital Credit to sustain dividends with minimal annual growth assumptions. Bearish participants can short Bitcoin or Amplified Bitcoin. Burnett suggested this infrastructure allows over $1 quadrillion in global capital to flow into the asset class.

Woofun AI reports that a wallet suspected of belonging to Multicoin Capital executed a large-scale sale of HYPE tokens through Galaxy Digital. The transaction involved moving 167,000 HYPE to Galaxy Digital's over-the-counter trading desk via an intermediate address approximately 38 minutes ago, with the total value estimated at $11.2 million.

Woofun AI reports that Senator Ron Wyden is urging Senate leadership to include the Blockchain Regulatory Certainty Act (BRCA) within the Clarity Act. The BRCA, previously passed by the Senate Banking Committee, aims to codify federal policy by clarifying that non-custodial software developers are not money transmitters solely for publishing software, while preserving DOJ and FinCEN enforcement powers. Wyden, co-sponsor of the standalone BRCA bill with Senator Lummis, seeks to address uncertainties regarding law enforcement acceptance and secure votes from Democrats such as Cortez Masto and Mark Warner.

Woofun AI reports that Barclays has initiated equity coverage on Strategy (MSTR), assigning a "buy" rating and setting a price target of $130. The bank categorizes the entity with payment processors Visa and Mastercard, marking a shift from viewing MSTR as a "crypto proxy" to classifying it as a "fintech company".

Woofun AI data shows that Bitcoin has traded below the real market average and short-term holder cost basis for five months, indicating an incomplete bottoming process. Long-term holder realized losses comprise 43% of total realized value, with daily averages peaking at $280 million, the highest level since December 2022.

Woofun AI reports that AI chip startup Positron is negotiating a two-round financing deal totaling approximately $750 million. The first round carries a valuation of $3.5 billion, while the second round is valued at roughly $5 billion.Founded in 2023 and headquartered in Reno, Nevada, Positron has raised about $309 million to date. Following a $230 million Series B round in February 2026, the company exceeded a $1 billion valuation, attracting investors such as Qatar Investment Authority and Arm Holdings. Positron emphasizes energy efficiency, with its Atlas inference system already shipped to clients including Cloudflare. The firm claims its hardware delivers more than 3.5 times the performance per watt compared to Nvidia products under specific AI inference loads. The next-generation Asimov chip is scheduled to finalize design by late 2026 and begin mass production in early 2027.

Woofun AI data shows that the South Korean KOSPI index opened at 7,488.12 points on July 9, marking a 3.33% increase equivalent to a 241.33-point rise. Semiconductor leaders SK Hynix and Samsung Electronics contributed to the upward movement, rising by 7% and 3% respectively.

Woofun AI reports that Polymarket is accelerating its return to the United States through a large-scale marketing campaign featuring partnerships with Major League Baseball, CNBC, and CNN. The blockchain-based prediction market platform is leveraging these collaborations alongside social media influencers to restore brand legitimacy following a four-year hiatus from the U.S. market.The company withdrew in 2022 after settling with the Commodity Futures Trading Commission over illegal derivatives trading allegations. Following the termination of related probes under a new U.S. administration, Polymarket is now offering compliant sports betting products under direct CFTC supervision. This strategy aims to integrate the platform into regulated U.S. sports and financial media while avoiding past legal pitfalls.

Woofun AI reports that the U.S. Department of Justice issued an internal memo in early June advising prosecutors handling cryptocurrency matters to anticipate diminished cooperation from Binance. The correspondence, authored by crypto legal counsel Rachel Jones and copied to senior prosecutor Kevin Mosley, who led the 2023 case against Binance and CZ for Bank Secrecy Act violations, indicates that Binance will enforce stricter requirements for law enforcement asset freezing and seizure requests. In response to inquiries, a Binance spokesperson denied the allegations, stating that "Binance's cooperation with U.S. law enforcement has not changed and will not change in the future," and characterizing claims of reduced cooperation as false.

Woofun AI reports that Federal Reserve minutes from the June 16-17 meeting indicate growing official concern over expanding price increases. While a minority advocated for an immediate rate hike, the consensus remained divided between expectations of inflation naturally reverting to the 2% target and fears of persistent high inflation.The records note that upward price pressures remain elevated while downside risks to full employment have diminished. Despite these concerns, all participants ultimately supported keeping interest rates unchanged, aligning with Chair Powell’s stance.

Woofun AI reports that Federal Reserve meeting minutes indicate a significant divergence among policymakers regarding future monetary policy. While consensus remains elusive, nine of the eighteen participants now expect at least one interest rate hike by December, a stark contrast to March when no official held this view. Conversely, the number of officials anticipating rate cuts has plummeted from twelve to just one.The minutes highlight that artificial intelligence investment has emerged as a critical variable influencing inflation expectations. Policymakers identified the surge in data center construction and computing power expenditure as a new source of demand that strains economic supply capacity. Alongside geopolitical tensions and tariff policies, this AI-driven investment boom is viewed as a factor sustaining price pressures across most goods and services, potentially necessitating tighter monetary policy.

Woofun AI reports that the U.S. Central Command initiated strikes on Iranian targets to degrade threats to navigation in the Strait of Hormuz, following recent attacks on commercial vessels. Bitcoin declined 2.03% to $62,214 over the last 24 hours. U.S. equities closed mixed with the Dow down 1.09%, S&P 500 down 0.28%, and Nasdaq up 0.2%, while Micron, Nvidia, and SanDisk posted gains.

Woofun AI reports that SK Hynix's U.S. initial public offering has achieved an oversubscription rate exceeding seven times the target. The company is scheduled to finalize the offering price on Thursday.The issuance involves 17.79 billion American Depositary Receipts (ADRs), drawing interest from global long-term funds, technology-focused investors, sovereign wealth funds, and Asian-market specialists. Each ADR represents one-tenth of a common share. Based on a closing price of 2.076 million Korean won ($1,380) per share, the total fundraising amount is approximately $24.5 billion. Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase lead the offering alongside nine other institutions.

Woofun AI reports that Ledger has officially added support for the Sui blockchain within its hardware wallet ecosystem. The updated Ledger Wallet app now allows users to manage SUI tokens securely while accessing new features including cryptocurrency swapping, asset staking, and perpetual futures trading directly from the device. This integration enables Sui holders to maintain offline private key security while participating in DeFi activities and leveraged trading without relying on hot wallets or third-party interfaces.

Woofun AI data shows that U.S. 10-year Treasury futures declined by 3 points.Concurrently, federal funds rate futures indicate that the market expects the Federal Reserve to implement a 38 basis point interest rate increase by December.

Woofun AI reports that the three major U.S. stock index futures opened lower by about 0.1% on Thursday.

Woofun AI reports that U.S. stock markets closed Tuesday with divergent performance, as the Dow Jones Industrial Average fell 1.09% and the Nasdaq Composite rose 0.20%. The S&P 500 declined 0.28%, reflecting weakness in industrial and financial sectors offset by gains in technology and growth names. Trading volumes remained near average levels, indicating a lack of panic or euphoria, while bond yields edged slightly higher, pressuring rate-sensitive sectors like utilities and real estate. No single catalyst dominated the session, with movements driven by profit-taking, repositioning ahead of upcoming economic reports, and ongoing geopolitical developments.

Woofun AI data shows that the Dow Jones Industrial Average declined by 577.06 points, or 1.09%, to settle at 52,348.09 on July 8. The S&P 500 Index decreased by 21.17 points, marking a 0.28% drop to 7,482.68. Conversely, the Nasdaq Composite Index rose by 51.96 points, a 0.2% gain, closing at 25,870.65.

Woofun AI reports that Binance founder Changpeng Zhao addressed the possibility of facing renewed legal scrutiny under a future U.S. government. In a June 18 interview, CZ stated he cannot accurately forecast U.S. political developments, leaving the prospect of receiving additional subpoenas uncertain.

Woofun AI reports that the Federal Reserve's June meeting minutes centered on the interest rate trajectory, forward guidance, and balance sheet management. The document highlighted lags in inflation data stemming from declining oil prices and cooling market expectations, while also addressing employment trends and Middle East geopolitical developments.

Woofun AI reports that U.S. stock markets opened sharply lower on Wednesday, with all three major indices posting losses exceeding 1% in midday trading. The Dow Jones Industrial Average fell 1.57%, shedding over 500 points at its session low, while the S&P 500 dropped 1.07% and the Nasdaq Composite slid 1.09%.Market participants cited rising bond yields, renewed inflation concerns, and cautious remarks from Federal Reserve officials as key drivers dampening expectations for near-term interest rate cuts.Additionally, weaker-than-expected corporate earnings from several large-cap companies and geopolitical uncertainties contributed to the broad-based selling pressure across sectors.