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Share link:In this post: The CrediX team deleted the platform’s X account, sparking speculation that the recent hack was a rug pull. Other DeFi protocols on Sonic were also affected, and are now scrambling to contain the damage. Some of the stolen funds are already mixed through TornadoCash, though Sonic Labs and Stability DAO are still investigating the exploit.
Share link:In this post: Gold fell to $3,463 after hitting a record $3,530 as the White House announced plans to clarify bullion tariff rules. U.S. Customs confirmed 1-kg and 100-oz gold bars from all countries face the 39% tariff. Traders warn tariffs could raise settlement costs, widen the New York–London price gap, and hurt liquidity.
Share link:In this post: Elon Musk says Tesla will prioritise inference chips for real-time AI decisions. Media report claims in-house Dojo supercomputer team has been shut down. The move comes amid restructuring, job cuts, and intensifying EV market competition
Share link:In this post: Nasdaq closed at 21,450.02, a new record, after gaining 0.98% Friday. S&P 500 rose 0.78% and Dow added 0.47%, both ending the week higher. Apple surged 13% this week after announcing a $600B U.S. investment plan.
Share link:In this post: In the first half of 2025, China nearly overtook the United States as Germany’s largest trading partner due to tariff disruptions. This shift indicates a broader trend in global trade, where China is increasingly becoming a dominant player in the European market, challenging U.S. influence. The World Trade Organization has warned that global trade will be significantly affected if rising tensions are not resolved.
BlackRock has confirmed it has “no plans at this time” to launch spot ETFs for XRP or Solana, despite Ripple’s legal victory. The decision has fueled industry debate, with some analysts calling it a prudent focus on Bitcoin and Ethereum, and others warning it could be a costly oversight.
- 02:41The South Korean government has removed virtual asset trading and intermediary businesses from the list of restricted industries for venture enterprises.Jinse Finance reported that virtual asset trading and intermediary businesses will be removed from the list of restricted industries for risk enterprises. The Ministry of SMEs and Startups of South Korea (referred to as the "Ministry of SMEs and Startups") announced on the 9th that, at a State Council meeting held at the Yongsan Presidential Office, a partial amendment to the "Enforcement Decree of the Special Act on Fostering Risk Enterprises" containing the above content was reviewed and approved. This amendment will officially take effect from the 16th. The Ministry of SMEs and Startups explained that this revision of the enforcement decree takes into account changes in the global status of the virtual asset industry and the strengthening of domestic user protection systems in South Korea, aiming to lay the foundation for the formal cultivation of core deep-tech industries in the digital asset ecosystem, such as blockchain and crypto technology. The Ministry also pointed out that, globally, the United States approved the listing of spot bitcoin ETFs in January last year, and in July of the same year implemented comprehensive stablecoin regulatory laws, indicating that the trend of recognizing virtual assets as a formal industry is taking shape.
- 02:40Yuta Logistics Technology receives $150 million strategic investment from Huaying Holdings, plans to explore RWA and stablecoin applicationsChainCatcher news, Nasdaq-listed Yuita Logistics Technology announced that Solomon Capital Fund SPC-Solomon Capital SP9, a US dollar fund under Huaying Holdings, has made a strategic investment of $150 million. The two parties will jointly explore the tokenization of logistics assets (RWA) and innovations in stablecoin applications. Yuita Logistics Technology previously announced plans to acquire 15,000 BTC, with a total transaction amount of up to $1.5 billion. In addition, the company also stated that it is actively researching relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong stablecoin regulations come into effect.
- 02:40Data: A certain whale deposited 1.55 million WLD to FalconX, with a total profit of $4.3 millionAccording to ChainCatcher, monitored by Lookonchain, whale 0x4dC3 deposited 1.55 million WLD (worth $2.69 million) to FalconX. This whale previously purchased 6.18 million WLD from FalconX at an average price of $1.25 (then worth $7.75 million), and currently still holds 4.64 million WLD (worth $9.36 million), with a total profit of $4.3 million and a return rate of 55%.