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According to Jinshi reports, U.S. Energy Secretary Granholm stated that the U.S. military is escorting oil and natural gas through the strait.

According to Jinshi reports, the Iraqi Hezbollah Brigade stated that it will "inevitably" respond to the US-Saudi joint strikes.

The Korea Exchange triggered a circuit breaker due to an 8% drop in the KOSPI index, suspending trading for 20 minutes.

The South Korean trading platform (KRX) triggered the sidecar mechanism due to fluctuations in the KOSPI index, suspending programmatic trading for about 5 minutes.The sidecar mechanism is mainly used to respond to severe fluctuations in a short period of time, limiting only programmatic trading while manual trading can continue normally. Unlike the circuit breaker mechanism, the sidecar mechanism does not suspend trading for the entire market and is more viewed as a "speed bump" during market volatility.In contrast, the circuit breaker mechanism is typically used in extreme market conditions and, once triggered, suspends trading for the entire market to prevent panic-induced fluctuations from further escalating.

The EU's Markets in Crypto-Assets Regulation (MiCA) competition phase is coming to an end, but the real challenges for businesses are just beginning. The high costs of maintaining a compliant operational system may change the landscape of the European crypto industry. In the future, the focus of industry competition may shift from "who can obtain a license" to "who has the capacity to bear regulatory costs," driving companies to achieve scalable development through mergers, joint ventures, or partnerships with banks.As MiCA gradually takes effect and the UK's crypto regulatory framework is about to take shape, the European crypto industry is entering a new phase of consolidation. Industry insiders believe that high regulatory standards may spur a new wave of mergers and acquisitions, and cooperation between crypto-native companies and traditional financial institutions will deepen further. This trend in the UK market may be even more pronounced. The UK's Financial Conduct Authority (FCA) is developing a new regulatory framework for crypto assets, which is expected to incorporate crypto businesses into the existing financial services regulatory system, subjecting them to capital, operational, and customer asset protection requirements similar to those faced by traditional investment institutions.Steven Lightstone, a partner at Morgan Lewis's London office and co-head of the global fintech team, stated that the FCA aims to promote market competition and support new entrants, but its regulatory standards will be very strict when it comes to consumer protection. Unlike the EU's independently operating MiCA framework, the UK approach will directly utilize the existing financial regulatory system to manage crypto businesses. Meanwhile, the increase in regulatory certainty is driving European banks to accelerate their entry into the digital asset space. Sygnum Europe CEO Simon Schneider noted that currently, less than 20% of banks in Europe offer crypto-related services, indicating a significant market gap. The greatest value of MiCA is not just in creating a new licensing system, but in providing legal certainty for financial institutions to enter the digital asset market.He pointed to Switzerland as an example, where after the introduction of regulations on distributed ledger technology, most large Swiss banks began offering digital asset services, a path that may be replicated in other parts of Europe in the future. In the future, banks may not necessarily replace crypto-native companies but are more likely to rely on specialized infrastructure service providers to collaborate in areas such as custody, brokerage, staking, and asset tokenization. As companies that fail to obtain MiCA licenses gradually exit the European market, assets may further concentrate among regulated entities. However, Schneider believes that self-custody models and institutional custody models will continue to coexist in the long term. Industry insiders believe that the European crypto industry is entering a "regulation-driven consolidation cycle." For crypto startups that previously relied on rapid innovation and asset-light models, the core competitiveness in the future may no longer be just technological speed, but compliance capability, capital scale, and the ability to integrate financial infrastructure.

According to the Nikkei, Japan's revised Financial Instruments and Exchange Act was passed by a vote in the full session of the House of Councillors on July 15, officially bringing crypto assets (virtual currencies) under the regulatory framework for financial products.While the new law strengthens user protection, it requires exchanges to pay a liability reserve, and the industry generally expects this move to become an important catalyst for industry elimination and consolidation. Saito Masahiko, head of the Financial Services Agency's Market Division, clearly stated that the agency does not endorse crypto asset trading and makes no recommendations.

The governance company of Cardano, Intersect, stated on the X platform that EMURGO is unable to allocate the necessary resources to execute the Token2049 event due to its recent focus on handling the SecondFi security incident. After discussions among three parties, the responsibility for the event has officially been transferred to the Cardano Foundation.EMURGO submitted a transfer request to Intersect, which received agreement from all parties after discussions with the Cardano Foundation. Intersect stated that this decision was based on the urgency of the event timeline and the need to avoid delivery uncertainties. The Cardano Foundation has agreed to deliver the event within the approved scope, and both EMURGO and Intersect recognize its past execution capabilities. The delivery work for Token2049 has now officially been handed over, and the event is still scheduled to take place in October.Previously, in June, it was reported that SecondFi disclosed a security incident affecting approximately 16 million ADA (around 2.42 million USD at the time); however, SlowMist indicated that user losses from SecondFi could exceed 20 million USD.

According to Jinshi, the Bank of America fund manager survey shows that cash levels have dropped from 4.1% to a "very low" level of 3.6%, triggering a sell signal under Bank of America's cash rule.

According to Yicai, global chip stocks faced a Black Monday. On that day, during the Asian trading session, rising geopolitical tensions in the Middle East suppressed risk appetite, with SK Hynix plunging over 15% on the Korean Exchange, marking the largest single-day drop in 18 years; the South Korean benchmark index KOSPI fell more than 9% in a single day, retreating 25% from its historical high on June 22.Data from the Financial Supervisory Service of Korea shows that the total amount of forced liquidations across the entire South Korean market reached 344.2 billion won in a single day, the largest scale of credit liquidation this year. Retail investors accounted for 92% of leveraged positions, referred to as "ant investors," who made full bets on memory chips and have very weak capacity to withstand volatility. As of Monday, over 1.2 million leveraged retail accounts in the entire South Korean market had reached the margin call line. Among them, approximately 320,000 to 360,000 accounts have been fully liquidated by brokerages, resulting in the loss of principal, with some accounts even owing debts to brokerages.Institutions believe that the short-term Gamma effect of leveraged shorts in South Korea cannot be eliminated, and the trillion-won level of leveraged selling pressure has not been fully cleared, with the risk of volatility still unresolved. However, this round of decline is not a reversal of the industry's fundamentals but rather a concentrated deleveraging event following macro shocks faced by crowded high-position leveraged trades.

According to official news, TAC issued a statement regarding the significant price drop in the past 24 hours, stating that the protocol was not attacked, on-chain assets are secure, and the system is operating normally; the team and early investors did not participate in the sell-off, and the related tokens are still within the lock-up and vesting period, with no possibility of unlocking at this stage.

Strike, founded by Jack Mallers, has launched a new Bitcoin collateral loan product aimed at avoiding forced liquidation due to a drop in BTC prices. Strike states that as long as borrowers make timely repayments, the collateralized BTC will not be moved or liquidated, regardless of how deep the Bitcoin price falls.Mallers stated on X that this product has no margin call requirements and no price-based liquidation mechanism, allowing users to borrow USD while continuing to hold Bitcoin. He mentioned that volatility is inevitable, but liquidation is not a certainty. Strike indicated that the new loan product eliminates price-triggered actions linked to the loan-to-value (LTV) ratio, so borrowers do not have to worry about automatic liquidation due to a drop in BTC prices. As long as interest and maturity payments remain normal, the collateral will remain unchanged.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Grigor Dimitrov vs. Arthur Fery", the "over" option for the sub-market "Wimbledon ATP: Grigor Dimitrov vs. Arthur Fery total games greater than 36.5" has experienced significant fluctuations in winning probability, soaring from 50% an hour ago to the current 68% (a fluctuation of 18%). Please note the impact of relevant breaking news.

According to Jinshi reports, Federal Reserve Governor Waller stated that if the forward guidance is "too rigid or inflexible," it may become an obstacle to policy implementation.

According to Onchain Lens monitoring, Huang Licheng's 25x leveraged Ethereum long position seems to be in a state of high tension. Data shows that the position size is approximately 9,000 ETH (about 15.84 million USD), with an opening price of 1,721.04 USD, and the current price is about 1,760.3 USD, resulting in an unrealized profit of approximately 353,000 USD and a return rate of about 55.7%.However, its liquidation price is at 1,731.95 USD, leaving only about 28 USD of space from the current price. If the market experiences a slight pullback, it may face the risk of forced liquidation. In the highly volatile cryptocurrency market, the risk exposure of this position has quickly attracted attention, and the market is also observing whether it will choose to take profits early or continue to hold the position for speculation.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Grigor Dimitrov vs. Matteo Berrettini," the sub-market "Wimbledon ATP: Grigor Dimitrov vs. Matteo Berrettini" saw the winning probability of the option "Grigor Dimitrov" experience a dramatic fluctuation, soaring from 68.5% an hour ago to the current 96% (a fluctuation of 27.5%). Please note the impact of relevant breaking news.

Due to Meta CEO Mark Zuckerberg revealing that the company is considering leasing excess AI computing power, concerns have arisen in the market about the "shift from buying to leasing" AI infrastructure. South Korean semiconductor giant SK Hynix and the South Korean stock market (KOSPI) experienced a sharp decline. According to data from the Gate platform, SK Hynix (SKHYNIX) is currently priced at $1,538.3, with an intraday drop of nearly 10%. The volatility in the stock market has led to increased activity in related contract trading. According to CoinGlass data, the contract position for Gate SK Hynix (SKHYNIX) exceeds $26.29 million, and the 24-hour contract trading volume exceeds $34.41 million, both ranking among the top in the industry.

According to The Block, Sovright (the nonprofit successor organization related to Electric Coin Company for Zcash development) has officially released a wallet recovery tool named "Argos," aimed at helping early Zcash users recover funds that have been "stuck" due to the discontinuation of the old version of ZEC Wallet Lite in 2022.Sovright's Executive Board Chair Michelle Lai stated that Argos can recover affected assets as long as users still hold the old wallet mnemonic phrases, but since it only involves specific shielded addresses, the scale of the impact cannot be precisely estimated. However, it is estimated that the "amount is considerable," primarily concentrated among early long-term holders.She referred to the issue as a "technical pitfall" that the community has long failed to address, which, although not prominent, continues to erode user trust. Sovright currently consists of only three core members, all from the former Bootstrap system. The team is also testing a privacy-focused Zcash mining pool to reduce hash power centralization and enhance network decentralization.The governance structure of the organization has undergone significant adjustments, with Electric Coin Company employees collectively leaving to establish a new entity, Zcash Open Development Lab (ZODL), which has received support from institutions such as Paradigm and a16z, focusing on the development of Zcash-related products.Sovright emphasizes that there is no antagonistic relationship with ZODL and states that it will continue to focus on solving "long-standing issues" in the Zcash ecosystem, including key pain points such as wallet usability and infrastructure stability.