Odaily Planet Daily News: Robinhood posted on the X platform that it has launched ETH and SOL staking services for US users.

According to Foresight News, Tether's CEO Paolo Ardoino announced that the development pace of all Tether products has doubled over the past week. Ardoino highlighted the company's commitment to accelerating its product offerings, reflecting a significant increase in development activities.

According to Foresight News, Arkham's monitoring reveals that a major Bitcoin whale, identified by the address starting with 0x1f2, currently holds a long position valued at $313 million. This position has generated nearly $7 million in profits.

BIT Mining is the next company to announce an altcoin treasury, with big promises for $300M injected into SOL. The company raises red flags for its offshore connections and a relatively low BTC treasury. BIT Mining, a NYSE-listed company registered in an offshore territory, has promised to be among the first to implement a SOL […] source: https://www.cryptopolitan.com/bit-mining-promises-300m-sol-treasury/

NYSE-listed firm KULR Technology Group, a sustainable energy management and a self-declared “Bitcoin First” company, has expanded its digital asset treasury with a fresh multimillion-dollar Bitcoin acquisition. source: https://cryptonews.com/news/kulr-expands-bitcoin-holdings-to-1021-btc-reports-291-2-btc-yield/

Odaily Planet Daily News GMX published a report on the X platform to summarize the reasons and follow-up measures for the attack of about $40 million on GMX V1 on the Arbitrum chain on July 9, which pointed out that after analysis by the security team, the attack originated from the reentrancy vulnerability of the OrderBook contract. Hackers used this vulnerability to manipulate the average price of BTC short positions, thereby significantly raising the price of GLP and arbitrage. The official has suspended transactions related to the Avalanche chain, confirmed that the V2 version is not affected, and will take measures such as disabling GLP casting and redemption and setting up a compensation pool. GMX reminds V1 fork projects to promptly repair similar risks. Next plan funding situation: There is about $3.6 million left in the GLP pool, which is reserved for open positions. The GLP fee for V1 on Arbitrum this week is about $500,000 (minus 30% allocated to GMX pledgers), which will be transferred to the DAO treasury for compensation. GLP minting and redemption on Arbitrum will be disabled (redemption disabled with 24-hour timelock). GLP minting on Avalanche will be disabled, but redemption will remain. V1 position closing on Arbitrum and Avalanche will be enabled, opening will be disabled to prevent the vulnerability from reoccurring. V1 orders on Arbitrum and Avalanche will be canceled. GLP remaining funds on Arbitrum will be allocated to a compensation pool for affected GLP holders. GMX DAO will discuss further compensation measures. It is recommended that all GMX V1 forks take immediate action to enable trading and minting of GLP-like tokens after repairs and audits.

TL;DR Sei will add native USDC and CCTP V2, enabling fast, direct, and frictionless asset transfers across 13 blockchains. Liquidity will gradually migrate from USDC via Noble to the native version managed by Circle, consolidating the stablecoin as the foundation for payments and DeFi on Sei. With $600M in TVL and over 200 active apps,. . . source: https://crypto-economy.com/sei-network-integrates-native-usdc-and-cctp-v2-what-does-this-mean/

Odaily Planet Daily News: Japanese real estate company GATES Inc. plans to use the Oasys blockchain to tokenize $75 million worth of Tokyo real estate and plans to expand its scale to $200 billion. The company said on Thursday that it plans to expand rapidly, with the ultimate goal of tokenizing more than $200 billion in assets, accounting for about 1% of Japan's $20.5 trillion real estate market. The Oasys network once focused on games, but is now turning to tokenization, focusing on Japanese assets including intellectual property. (CoinDesk)

U. S. Treasury revokes crypto broker reporting rule, impacting decentralized exchange compliance dynamics. source: https://coincu.com/347909-treasury-crypto-exchange-regulations-revoked

According to PANews, GMX has disclosed details regarding a $40 million exploit on its V1 platform on the Arbitrum chain that occurred on July 9. The security team identified the attack as stemming from a reentrancy vulnerability in the OrderBook contract. Hackers exploited this flaw to manipulate the average price of BTC shorts, significantly inflating GLP prices for arbitrage gains. In response, GMX has suspended related transactions on the Avalanche chain and confirmed that the V2 version remains unaffected. The company plans to disable GLP minting and redemption and establish a compensation pool as part of its corrective measures. GMX has also advised projects forked from V1 to promptly address similar vulnerabilities.

Hong Kong is building a new generation of financial infrastructure with a clear regulatory framework, open market strategy and proactive policy innovation.

Robinhood's stock tokenization product is more like a carefully planned marketing campaign.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Stablecoins, anchors in the storm: How do stablecoins reshape the global financial landscape? Golden Finance, the global financial system is undergoing a dramatic change.

From 24-hour non-stop trading, to cross-border investment without brokerage firms, to stablecoins as settlement channels, the changes brought about by the tokenization of U.S. stocks have long surpassed the product itself.

Stablecoins built based on the Web3.0 world have gone beyond the traditional offshore and onshore categories. In order to better achieve strategic coordination, proactive supervision, and coordinated advancement, we should consider adopting a linkage development model of domestic offshore and overseas offshore RMB stablecoins.

Artificial intelligence, Robinhood, AI information security alert: From the rumor of "Robinhood token running away" to the authority boundary of local vs cloud intelligent entities, Golden Finance, we need to disable various AIs in terminals with high security requirements.

PayFi's "Summer" will be a gentle, long-lasting and profound innovation in payment infrastructure, rather than a bubble-like climax.

GMX was attacked, and the attacker exploited a reentrancy vulnerability in the project contract and made a profit of approximately US$42 million.

Recommended readings tonight: 1. More than just stablecoins: Reasons to be optimistic about Ethereum; 2. BTC breaks $112,000 and hits a new high: What are the positive factors? Is the main uptrend coming?; 3. Focus on the CLARITY Act: A full analysis of its content, significance and industry evaluation;