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07-26
Monad Co-founder Comments on Phantom Removing Support
According to ME News, on July 26 (UTC+8), Monad co-founder Keone Hon responded to Phantom Wallet’s announcement that it will remove support for Monad (and another network). He noted that Phantom’s decision is aimed at focusing on its core business, which represents a step backward for Monad. “Unlike
CZ Recommends DCA Strategy for Long-Term Crypto Investment
ME News reports that on July 26 (UTC+8), CZ shared a previous post on X about whether the best entry point for long-term holding should be during a bull or bear market, and replied with “DCA.”
DCA stands for Dollar-Cost Averaging, an investment strategy where investors commit fixed amounts of capi
Tesla posts its largest weekly decline since 2022, as Musk's wealth drops by $130 billion
Odaily Planet Daily reports, according to MSX.COM data, Tesla's (TSLA.O) stock fell nearly 20% this week, closing at $313.03 per share, marking its largest weekly decline since 2022; SpaceX (SPCX.O) closed at $115.07 per share, the lowest level since its IPO last month.According to Bloomberg’s Billi
Hyperliquid Collects $1.4M in Fees and Burns $1.2M HYPE in 24 Hours
Huobi Capital reports, according to Onchain Lens monitoring, Hyperliquid collected $1.4 million in fees over the past day and burned 206,400 HYPE tokens (worth $1.2 million). The cumulative total burned to date amounts to 47.27 million HYPE tokens (valued at $2.76 billion), representing 4.73% of the
Chamath Palihapitiya Warns US Open-Source AI Ban Could Harm Stock Market
Chamath Palihapitiya wants the US government to know something: if you ban open-source AI, you’re basically handing the rest of the world a competitive cheat code.The venture capitalist and All-In podcast co-host posted on X on July 18 that the US should embrace open-source AI rather than restrict i
Elon Musk's net worth falls by $130 billion in five days
Tesla (TSLA.O) shares fell nearly 20% this week, closing at $313.03 per share, marking their largest weekly decline since 2022; SpaceX (SPCX.O) closed at $115.07 per share, the lowest level since its IPO last month. According to Bloomberg’s Billionaires Index, Elon Musk’s personal wealth evaporated
Hyperliquid Collects $1.4M in Fees and Burns $1.2M HYPE in One Day
PANews, July 26: According to Onchain Lens, Hyperliquid collected $1.4 million in fees over the past day and burned 206,400 HYPE tokens (worth $1.2 million). The cumulative historical burn volume has reached 47.27 million HYPE tokens (worth $2.76 billion), representing 4.73% of the maximum supply of
Ethereum and BNB Chain Lead in Developer Activity Among Top 10 Blockchains
Developer activity keeps serving as a key factor to indicate the health of the blockchain network. This data still reflects innovation, long-term sustainability, and community engagement. Based on the data from Santiment, Ethereum, BNB Chain, and Polygon are the leading blockchains in terms of devel
DeepSeek Pauses Second Round of Funding Amid Founder’s Discontent Over Leaked Internal Meeting
ME AI Message, July 26 (UTC+8): According to Bloomberg, DeepSeek has announced a pause in its Series B funding round and verbally informed some potential investors that it will not proceed with signing the investment agreements as planned. This pause is partly due to founder Liang Wenhong’s dissatis
ZEC Falls Below $500 as Traders Consider Sell Opportunities
Zcash [ZEC] deployed the Ironwood [NU6.3] upgrade to testnet on 2nd July. The privacy token rallied by 37% over the following two weeks, breaching the $500-supply zone.This upward momentum has since evaporated though. Over the past week, ZEC has lost 13.6% of its value, with the altcoin down by 3.1%
Michael Burry Adds Short Positions in NVIDIA, Micron, and Others
Odaily Planet Daily reports: Investment tracking account Michael Burry Stock Tracker disclosed on X that “The Big Short” Michael Burry’s latest filing shows he increased his short positions in Micron Technology (MU), NVIDIA (NVDA), Caterpillar (CAT), and the semiconductor ETF (SOXX), at prices of $9
Flashbots Executive: BitMEX Insurance Fund Structure May Have Led to Closure
Odaily Planet Daily reports: Hasu, Strategic Lead at Flashbots, posted on X that structural issues with BitMEX’s insurance fund may have been a key reason the company ultimately chose to shut down rather than sell. Hasu noted that as early as 2018, he highlighted that BitMEX’s insurance fund did not
Whale Plans to Re-enter BTC Longs if Price Holds Above $64,000
Odaily Planet Daily reports: The whale "Set 10 Big Goals" posted on X stating that their BTC long position, established near $64,980, has been closed after the price dropped into the $64,000–$64,300 range, triggering a stop-loss—primarily to avoid further rapid declines to $63,000 should $64,000 be
TRON Network USDT surpasses $90 billion; Q2 crypto payment card volume reaches $887 million
Odaily Planet Daily report: The scale of USDT on the TRON network has now exceeded $90 billion. In the second quarter, on-chain USDT reached a historical high of approximately $89 billion, accounting for 47% of total USDT supply. The market share of TRON’s stablecoins rose from 27.3% in March to 28.
Hyperliquid RWA volume surpasses half of total weekly trading for the first time
Odaily Planet Daily reports, according to Blockworks data, from July 13 to 19, RWA trading volume on Hyperliquid reached $25.1 billion, accounting for 52% of the platform’s $48.2 billion total weekly trading volume during the same period. This marks the first time Hyperliquid’s weekly RWA trading vo
