> SOUTH KOREA'S LARGEST AUTOMAKER COMPLETES PILOT USDT STABLECOIN TRANSFER ON AVALANCHE
HYUNDAI MOTOR, SOUTH KOREA'S LARGEST AUTOMAKER, BECAME THE COUNTRY’S FIRST MAJOR COMPANY TO USE BLOCKCHAIN FOR REAL-TIME INTERNAL CROSS-BORDER TREASURY TRANSFERS. THE COMPANY COMPLETED A $20,000 USDT STABLECOIN PILOT FROM ITS U.S. ENTITY TO ITS MEXICO ENTITY ON AVALANCHE, CUTTING SETTLEMENT TIME FROM SEVERAL HOURS THROUGH TRADITIONAL BANKING RAILS TO ABOUT SEVEN MINUTES. HYUNDAI PLANS TO EXPAND THE MECHANISM TO MORE COUNTRIES AND LOCAL CURRENCIES, AND WILL LAUNCH A SECOND PILOT FOR ITS EUROPEAN SUBSIDIARIES LATER THIS MONTH WITH CIRCLE AND VISA. — LINK
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HYUNDAI MOTOR, SOUTH KOREA'S LARGEST AUTOMAKER, BECAME THE COUNTRY’S FIRST MAJOR COMPANY TO USE BLOCKCHAIN FOR REAL-TIME INTERNAL CROSS-BORDER TREASURY TRANSFERS. THE COMPANY COMPLETED A $20,000 USDT STABLECOIN PILOT FROM ITS U.S. ENTITY TO ITS MEXICO ENTITY ON AVALANCHE, CUTTING SETTLEMENT TIME FROM SEVERAL HOURS THROUGH TRADITIONAL BANKING RAILS TO ABOUT SEVEN MINUTES. HYUNDAI PLANS TO EXPAND THE MECHANISM TO MORE COUNTRIES AND LOCAL CURRENCIES, AND WILL LAUNCH A SECOND PILOT FOR ITS EUROPEAN SUBSIDIARIES LATER THIS MONTH WITH CIRCLE AND VISA. — LINK
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> JUST IN: 🇺🇸 $USDC ISSUER CIRCLE RECEIVES APPROVAL TO OPERATE AS A FEDERALLY REGULATED US TRUST BANK.
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> JUST IN: ROBINHOOD SAYS US USERS WILL SOON BE ABLE TO USE AI AGENTS TO TRADE CRYPTO.
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> IRAN HAS TOLD U.S. OFFICIALS THAT RECENT ATTACKS ON SHIPPING WERE FROM 'AN ERRANT PART OF THEIR SYSTEM' – SENIOR U.S. OFFICIALS
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> IF WE DON'T GET THE NUCLEAR DUST, WE DO NOT HAVE A DEAL WITH IRAN – SENIOR U.S. OFFICIALS
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> IRAN CLAIMS ROGUE FACTIONS WITHIN THE REGIME CARRIED OUT RECENT ATTACKS ON SHIPS IN THE STRAIT OF HORMUZ.
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> CAMBRIDGE REPORT: ETHEREUM’S ANNUAL POWER USE FALLS TO 7.87 GWH AFTER THE MERGE
ACCORDING TO A NEW REPORT FROM THE CAMBRIDGE CENTRE FOR ALTERNATIVE FINANCE (CCAF), ETHEREUM CONSUMES APPROXIMATELY 7.87 GWH OF ELECTRICITY ANNUALLY FOLLOWING THE MERGE, A DECLINE OF MORE THAN 99.9% FROM ITS PRE-MERGE LEVEL. THE REPORT ESTIMATES ANNUAL EMISSIONS AT AROUND 2.37 KTCO₂E, DOWN ROUGHLY 99.98%, BASED ON AN INFRASTRUCTURE AUDIT OF APPROXIMATELY 8,522 NODES. IT ALSO FINDS THAT THE UNITED STATES, GERMANY, FINLAND, AND FRANCE HOST ABOUT 62% OF ETHEREUM FULL NODES, WHILE HETZNER, AMAZON WEB SERVICES, AND OVH TOGETHER HOST ROUGHLY 40% OF ALL NODES. IN ADDITION, 56.4% OF THE NETWORK’S ELECTRICITY IS SUPPLIED BY SUSTAINABLE ENERGY SOURCES, WITH THE REPORT CONCLUDING THAT ETHEREUM’S ENVIRONMENTAL FOOTPRINT IS NOW DRIVEN PRIMARILY BY THE CARBON INTENSITY OF LOCAL POWER GRIDS RATHER THAN ITS CONSENSUS MECHANISM. — LINK
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ACCORDING TO A NEW REPORT FROM THE CAMBRIDGE CENTRE FOR ALTERNATIVE FINANCE (CCAF), ETHEREUM CONSUMES APPROXIMATELY 7.87 GWH OF ELECTRICITY ANNUALLY FOLLOWING THE MERGE, A DECLINE OF MORE THAN 99.9% FROM ITS PRE-MERGE LEVEL. THE REPORT ESTIMATES ANNUAL EMISSIONS AT AROUND 2.37 KTCO₂E, DOWN ROUGHLY 99.98%, BASED ON AN INFRASTRUCTURE AUDIT OF APPROXIMATELY 8,522 NODES. IT ALSO FINDS THAT THE UNITED STATES, GERMANY, FINLAND, AND FRANCE HOST ABOUT 62% OF ETHEREUM FULL NODES, WHILE HETZNER, AMAZON WEB SERVICES, AND OVH TOGETHER HOST ROUGHLY 40% OF ALL NODES. IN ADDITION, 56.4% OF THE NETWORK’S ELECTRICITY IS SUPPLIED BY SUSTAINABLE ENERGY SOURCES, WITH THE REPORT CONCLUDING THAT ETHEREUM’S ENVIRONMENTAL FOOTPRINT IS NOW DRIVEN PRIMARILY BY THE CARBON INTENSITY OF LOCAL POWER GRIDS RATHER THAN ITS CONSENSUS MECHANISM. — LINK
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> SKY PROTOCOL'S ANNUALIZED GROSS REVENUE RUN RATE HITS RECORD $419M
SKY FRONTIER FOUNDATION SAID IN ITS JUNE 2026 FINANCIAL AND OPERATIONAL UPDATE THAT SKY PROTOCOL'S ANNUALIZED GROSS REVENUE RUN RATE REACHED A RECORD $419.08 MILLION, BASED ON THE LAST THREE MONTHLY SETTLEMENT CYCLES. CUMULATIVE YIELD ACCRUED TO SUSDS HOLDERS THROUGH THE SKY SAVINGS RATE HAS SURPASSED $250 MILLION SINCE INCEPTION, WHILE SKY RESERVES CLOSED JUNE AT $82.5 MILLION, UP $33.7 MILLION SINCE MARCH. GROVE, ONE OF SKY'S PRIME AGENTS, LAUNCHED ITS GROVE GOVERNANCE TOKEN IN JUNE. SEPARATELY, A FIXED-YIELD PRODUCT FOR SUSDS INTRODUCED THROUGH SKY.MONEY AND PENDLE FINANCE REACHED $44.1 MILLION IN TVL DURING ITS FIRST MONTH. — LINK
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SKY FRONTIER FOUNDATION SAID IN ITS JUNE 2026 FINANCIAL AND OPERATIONAL UPDATE THAT SKY PROTOCOL'S ANNUALIZED GROSS REVENUE RUN RATE REACHED A RECORD $419.08 MILLION, BASED ON THE LAST THREE MONTHLY SETTLEMENT CYCLES. CUMULATIVE YIELD ACCRUED TO SUSDS HOLDERS THROUGH THE SKY SAVINGS RATE HAS SURPASSED $250 MILLION SINCE INCEPTION, WHILE SKY RESERVES CLOSED JUNE AT $82.5 MILLION, UP $33.7 MILLION SINCE MARCH. GROVE, ONE OF SKY'S PRIME AGENTS, LAUNCHED ITS GROVE GOVERNANCE TOKEN IN JUNE. SEPARATELY, A FIXED-YIELD PRODUCT FOR SUSDS INTRODUCED THROUGH SKY.MONEY AND PENDLE FINANCE REACHED $44.1 MILLION IN TVL DURING ITS FIRST MONTH. — LINK
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> U.S. SPOT BITCOIN ETFS SEE $90.44 MILLION IN NET INFLOWS; ETHEREUM ETFS ADD $18.43 MILLION
ACCORDING TO SOSOVALUE DATA, U.S. SPOT BITCOIN ETFS RECORDED TOTAL NET INFLOWS OF $90.44 MILLION ON JULY 10, EASTERN TIME, WHILE U.S. SPOT ETHEREUM ETFS RECORDED TOTAL NET INFLOWS OF $18.43 MILLION ON THE SAME DAY. — LINK
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ACCORDING TO SOSOVALUE DATA, U.S. SPOT BITCOIN ETFS RECORDED TOTAL NET INFLOWS OF $90.44 MILLION ON JULY 10, EASTERN TIME, WHILE U.S. SPOT ETHEREUM ETFS RECORDED TOTAL NET INFLOWS OF $18.43 MILLION ON THE SAME DAY. — LINK
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> HIGHLIGHT CLIP FORMER META ENGINEER: QUANTUM COMPUTING AND MINERS ARE BITCOIN’S TWO TICKING TIME BOMBS
FORMER META ENGINEER: QUANTUM COMPUTING AND MINERS ARE BITCOIN’S TWO TICKING TIME BOMBS
A FORMER META ENGINEER SAYS BITCOIN FACES TWO TICKING TIME BOMBS THAT HAVE YET TO BE DEFUSED: QUANTUM COMPUTING AND THE FUTURE OF MINER INCENTIVES. QUANTUM ADVANCES COULD ONE DAY THREATEN BITCOIN WALLET SECURITY, WHILE THE LACK OF A SUSTAINABLE FEE MARKET RAISES QUESTIONS ABOUT LONG-TERM NETWORK SECURITY AS MINING REWARDS DECLINE.
HE ALSO CHALLENGES BITCOIN’S VISION AS A SOVEREIGN CURRENCY, ARGUING THAT GOVERNMENTS ARE UNLIKELY TO TOLERATE A MONETARY SYSTEM BEYOND THEIR CONTROL. — LINK
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FORMER META ENGINEER: QUANTUM COMPUTING AND MINERS ARE BITCOIN’S TWO TICKING TIME BOMBS
A FORMER META ENGINEER SAYS BITCOIN FACES TWO TICKING TIME BOMBS THAT HAVE YET TO BE DEFUSED: QUANTUM COMPUTING AND THE FUTURE OF MINER INCENTIVES. QUANTUM ADVANCES COULD ONE DAY THREATEN BITCOIN WALLET SECURITY, WHILE THE LACK OF A SUSTAINABLE FEE MARKET RAISES QUESTIONS ABOUT LONG-TERM NETWORK SECURITY AS MINING REWARDS DECLINE.
HE ALSO CHALLENGES BITCOIN’S VISION AS A SOVEREIGN CURRENCY, ARGUING THAT GOVERNMENTS ARE UNLIKELY TO TOLERATE A MONETARY SYSTEM BEYOND THEIR CONTROL. — LINK
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> TRUMP THREATENS MASSIVE STRIKES IF IRAN TARGETS HIM
DONALD TRUMP SAYS THE U.S. MILITARY IS PREPARED TO STRIKE IRAN IF TEHRAN ATTEMPTS TO ASSASSINATE HIM.
THE PRESIDENT CLAIMED 1,000 MISSILES ARE AIMED AT IRAN, WITH THOUSANDS MORE READY TO FOLLOW.
HE SAID MILITARY ORDERS ARE ALREADY IN PLACE AND WARNED THAT KEY AREAS OF IRAN COULD BE “DECIMATED AND DESTROYED.”
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DONALD TRUMP SAYS THE U.S. MILITARY IS PREPARED TO STRIKE IRAN IF TEHRAN ATTEMPTS TO ASSASSINATE HIM.
THE PRESIDENT CLAIMED 1,000 MISSILES ARE AIMED AT IRAN, WITH THOUSANDS MORE READY TO FOLLOW.
HE SAID MILITARY ORDERS ARE ALREADY IN PLACE AND WARNED THAT KEY AREAS OF IRAN COULD BE “DECIMATED AND DESTROYED.”
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> IRAN'S FARS CITING SOURCE: NO NEGOTIATIONS WILL TAKE PLACE UNTIL U.S RETRACTS FROM ITS POSITIONS
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> IRAN'S SUPREME LEADER MOJTABA KHAMENEI, IN WRITTEN MESSAGE, SAYS REVENGE FOR HIS SLAIN PREDECESSOR AND FATHER IS DEMAND OF THE NATION AND 'MUST CERTAINLY' TAKE PLACE
IRAN'S SUPREME LEADER: WE PLEDGE TO AVENGE 'BLOOD OF THE MARTYRED LEADER AND ALL THE MARTYRS OF THESE TWO WARS FROM THE CRIMINAL AND DISGRACED PERPETRATORS'
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IRAN'S SUPREME LEADER: WE PLEDGE TO AVENGE 'BLOOD OF THE MARTYRED LEADER AND ALL THE MARTYRS OF THESE TWO WARS FROM THE CRIMINAL AND DISGRACED PERPETRATORS'
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> JUST IN: HEDERA’S LARGEST LENDING PROTOCOL BONZO LOSES $9M IN ORACLE EXPLOIT
HEDERA-BASED LENDING PROTOCOL BONZO LEND DISCLOSED THAT IT LOST APPROXIMATELY $9.05 MILLION IN AN ORACLE EXPLOIT. BONZO SAID A FLAW IN SUPRA’S SIGNATURE VERIFICATION ALLOWED AN ATTACKER TO MANIPULATE SAUCE PRICES AND BORROW ASSETS FAR EXCEEDING POSTED COLLATERAL. THE PROTOCOL HAS SINCE BEEN PAUSED. BONZO LABS AND THE BONZO FINANCE FOUNDATION COORDINATE ON RECOVERY AND REMEDIATION EFFORTS. — LINK
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HEDERA-BASED LENDING PROTOCOL BONZO LEND DISCLOSED THAT IT LOST APPROXIMATELY $9.05 MILLION IN AN ORACLE EXPLOIT. BONZO SAID A FLAW IN SUPRA’S SIGNATURE VERIFICATION ALLOWED AN ATTACKER TO MANIPULATE SAUCE PRICES AND BORROW ASSETS FAR EXCEEDING POSTED COLLATERAL. THE PROTOCOL HAS SINCE BEEN PAUSED. BONZO LABS AND THE BONZO FINANCE FOUNDATION COORDINATE ON RECOVERY AND REMEDIATION EFFORTS. — LINK
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> JUST IN: HEDERA’S LARGEST LENDING PROTOCOL BONZO LOSES $9M IN ORACLE EXPLOIT
HEDERA-BASED LENDING PROTOCOL BONZO LEND DISCLOSED THAT IT LOST APPROXIMATELY $9.05 MILLION IN AN ORACLE EXPLOIT. BONZO SAID A FLAW IN SUPRA’S SIGNATURE VERIFICATION ALLOWED AN ATTACKER TO MANIPULATE SAUCE PRICES AND BORROW ASSETS FAR EXCEEDING POSTED COLLATERAL. THE PROTOCOL HAS SINCE BEEN PAUSED. BONZO LABS AND THE BONZO FINANCE FOUNDATION COORDINATE ON RECOVERY AND REMEDIATION EFFORTS. — LINK
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HEDERA-BASED LENDING PROTOCOL BONZO LEND DISCLOSED THAT IT LOST APPROXIMATELY $9.05 MILLION IN AN ORACLE EXPLOIT. BONZO SAID A FLAW IN SUPRA’S SIGNATURE VERIFICATION ALLOWED AN ATTACKER TO MANIPULATE SAUCE PRICES AND BORROW ASSETS FAR EXCEEDING POSTED COLLATERAL. THE PROTOCOL HAS SINCE BEEN PAUSED. BONZO LABS AND THE BONZO FINANCE FOUNDATION COORDINATE ON RECOVERY AND REMEDIATION EFFORTS. — LINK
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> TOP 5 SOUTH KOREAN EXCHANGES' VOLUME FALLS FOR FIVE STRAIGHT WEEKS, BELOW KRW 10 TRILLION
ACCORDING TO DIGITAL ASSET, THE WEEKLY TRADING VOLUME OF SOUTH KOREA’S TOP FIVE FIAT‑MARKET CRYPTO EXCHANGES (UPBIT, BITHUMB, COINONE, KORBIT, AND GOPAX) HAS FALLEN FOR FIVE CONSECUTIVE WEEKS, DROPPING BELOW THE 10 TRILLION KRW MARK. DATA SHOWS THAT THE TOTAL TRADING VOLUME FOR THE WEEK OF JULY 3–10 WAS ~9.9676 TRILLION KRW, A 25.75% DECREASE FROM THE PREVIOUS WEEK (APPROX. 13.4 TRILLION KRW) AND A 43.5% DECLINE FROM EARLY JUNE (17.7 TRILLION KRW). THIS MARKS THE FIRST TIME THE WEEKLY TRADING VOLUME HAS FALLEN BELOW 10 TRILLION KRW IN ABOUT 2 YEARS AND 9 MONTHS, SINCE LATE SEPTEMBER 2023. — LINK
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ACCORDING TO DIGITAL ASSET, THE WEEKLY TRADING VOLUME OF SOUTH KOREA’S TOP FIVE FIAT‑MARKET CRYPTO EXCHANGES (UPBIT, BITHUMB, COINONE, KORBIT, AND GOPAX) HAS FALLEN FOR FIVE CONSECUTIVE WEEKS, DROPPING BELOW THE 10 TRILLION KRW MARK. DATA SHOWS THAT THE TOTAL TRADING VOLUME FOR THE WEEK OF JULY 3–10 WAS ~9.9676 TRILLION KRW, A 25.75% DECREASE FROM THE PREVIOUS WEEK (APPROX. 13.4 TRILLION KRW) AND A 43.5% DECLINE FROM EARLY JUNE (17.7 TRILLION KRW). THIS MARKS THE FIRST TIME THE WEEKLY TRADING VOLUME HAS FALLEN BELOW 10 TRILLION KRW IN ABOUT 2 YEARS AND 9 MONTHS, SINCE LATE SEPTEMBER 2023. — LINK
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