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Today · 2026-08-13 · Thu

A review of major developments in the afternoon of July 15th

7.00 to 12:00 Keywords: Bitmine, Coinbase, Clarity Act 1. Korea will set up strategic investment accounts to invest in strategic industries; 2. The United States Department of the Treasury has recently imposed sanctions on several encrypted addresses of Cuba; 3. Coinbase will go online on the SK Hercules and Lumentum contract for eternity; 4. United States finance chief Besent: frozen more than $130 million in Iranian digital assets; 5. Trump met in the War Situation Room to discuss a new wave of massive strikes against Iran; 6. Bitmine pledged $457 million in ETH in the last quarter, representing 98 per cent of total revenue; 7. The updated version of the CLARITY Act Bill may be postponed until later this week。

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Slow fog: Drips Network lost approximately 24.9 million DAIs due to integer conversion holes

On 5 July, according to slow fog monitoring, Drips Network was attacked under the WCA agreement, resulting in the loss of approximately 249,000 DAIs. The slow-mog analysis revealed that the origin of the attack was the integer-type conversion defects of the Give (address, unit 128) function in the DaiDripsHub contract, which converted the sum of the uint128 type to the int128 type without verifying whether the reference exceeded the maximum value of int128. By entering specific values beyond the range of int128, the attackers turned the converted amount into a negative amount, which led to a reversal of the transfer direction, resulting in an abnormal withdrawal from the reserve contract to the aggressor ' s account, which eventually resulted in the depletion of the reserve funds。

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LEE MING: IT WILL TAKE TIME AFTER THE SOUTH KOREAN STOCK MARKET HAS SOARED TO URGE REGULATORS TO DEAL WITH THE LEVERAGE ETF DISPUTE

ON 15 JULY, PRESIDENT LEE YINGMING OF THE REPUBLIC OF KOREA STATED THAT IT WOULD TAKE TIME TO RESTORE STABILITY AFTER A SUBSTANTIAL INCREASE IN THE KOREAN STOCK MARKET IN A SHORT PERIOD OF TIME. IN A POLICY MEETING WITH SENIOR GOVERNMENT OFFICIALS IN SEOUL ON WEDNESDAY, LEE SAID: “THE DOMESTIC STOCK MARKET IN KOREA IS CURRENTLY QUITE UNSTABLE. AS MARKETS HAVE EXPERIENCED UNPRECEDENTED AND DRAMATIC INCREASES IN SUCH A SHORT PERIOD OF TIME, TIME AND A DEGREE OF VOLATILITY ARE NEEDED TO STABILIZE.” LEE ACKNOWLEDGED THE RECENT CONTROVERSY OVER LEVERAGE ETF AND URGED THE KOREAN FINANCIAL SUPERVISORY AUTHORITY AND THE KOREAN EXCHANGE EXECUTIVES TO DEAL WITH THE RELEVANT ISSUES QUICKLY AND TO DEVELOP A FOLLOW-UP RESPONSE. MARKETERS EXPECT THAT REGULATORS WILL BE ABLE TO CONTAIN THE IMPACT OF SUCH HIGH-RISK PRODUCTS ON MARKET STABILITY, INCLUDING A POSSIBLE INCREASE IN INVESTMENT LEVERAGE ETF MINIMUM BOND REQUIREMENTS. ON TUESDAY, SOUTH KOREA’S LARGEST OPPOSITION NATIONAL FORCE PARTY ACCUSED LEE OF SETTING AMBITIOUS STOCK MARKET GOALS WHILE IGNORING THE ACCUMULATED LEVERAGE RISK, THUS ENCOURAGING EXCESSIVE RISK-TAKING. KIM XIAN

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BIT Official: Ethershop is trying to construct a double base

On 15 July, BIT Official published a daily graph and graph analysis that it was trying to construct a double base, providing a clearer technical support for traders. While fundamentals and market structures still suggest that investors should be cautious, as long as the recent lows are held in the venom, this pattern means that the technological outlook has improved. At the same time, lower-than-anticipated inflation data have improved the macro-level environment for risk assets. After eight consecutive months of net outflows, the transformation of ETF into net inflows, this month or for the first time, is expected to provide some boost to institutional demand, although improvements may still be limited。

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US SEC Encryption Asset Task Force met with Hyperliquid representatives to discuss encryption asset control

On 14 July 2026, the US SEC Encryption Assets Task Force met with representatives of Hyperliquid Policy Center, Hyperliquid Labs, TradeXYZ and other relevant Hyperliquid representatives on the subject of how to deal with the issue of the regulation of encrypted assets. Representatives of the Hyperliquid Policy Centre, Hyperliquid Labs, TradeXYZ and Sullivan Cromwell law firm were informed of the overall status of the Hyperliquid Agreement, including its technology, market and associated ecosystem participants, to the Encoded Assets Task Force。

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Stripe and Advent offered PayPal over $53 billion

On 15 July, according to two sources, the paying company Stripe and the private equity company Advent International had jointly offered to buy Paypal (PYPL.O) at $60.50 per share, a deal that would give the paying company an estimated value of over $53 billion. According to sources, the offer, which was submitted earlier this month, has received some $50 billion in committed financing support from the bank, which is about 28 per cent higher than PayPal ' s closing premium on Tuesday. Kim Xian

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Hebbia CEO: 80% of Token is wasted

In a letter from the investor a16z, hebbia CEO George Sivulka stated that many companies had access to a large number of agents without clarifying the tasks, information and acceptance criteria, which had led angent to repeat and revise the answers. Sivulka concluded that about 80 per cent of the current tokens did not produce real value, and he believed that humans were still on average cheaper than token. Hebbia provides a corporate AI platform for investment, management and law firms, which allows angent to read a large number of documents and to complete complex research and fine-tuning. a16z received $130 million in B rounds of financing for Hebbia。

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Korea has increased the size of the Public Growth Fund to 2 trillion won, with a focus on supporting aerospace and cutting-edge technology

The Korea Finance Commission (FSC) plans to expand the operation of the Public Growth Fund from 1.5 trillion won to 20 trillion won and to expand investment to areas such as aerospace. According to the policy brief, the Finance Committee will increase the annual operating size of the Public Growth Fund from the current 30 trillion won to 40 trillion won, with a total operating size of 20 trillion won over the next five years. Support will also be extended from the existing 12 high-tech industries to emerging strategic industries such as aerospace and, in particular, long-term growth funds will be focused on the three main priorities of semiconductor, AIDC and Physical AI。

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The Korean Ministry of Finance announced the modernization of the Treasury

according to digital asset, the korean ministry of finance, in its 15th major operational report, announced that the modernization of the management of the national treasury would be promoted through the construction of innovative business models based on block chains. in order to prevent illegal appropriation, the republic of korea plans to introduce for the first time in the world a system for the implementation of public treasury funds in the form of deposit coins (deposit token), while reducing transaction costs, and will promote a pilot project on national debt monetization in 2027. in addition, the korean ministry of finance will reshape the state-owned property management system, with real estate at its core, establish a national asset management system covering intellectual property (ip) and virtual assets (digital assets) and strengthen the development of integrated functions through the enactment of the basic law on national assets。

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Trump's meeting in the field room to discuss a new wave of massive strikes on Iran

ON 15 JULY, ACCORDING TO AXIOS, THREE INFORMED SOURCES, PRESIDENT TRUMP CONVENED A MEETING ON TUESDAY AT THE WHITE HOUSE SITUATION ROOM TO DISCUSS A LARGE-SCALE OFFENSIVE AGAINST IRAN, WHICH WOULD BE MORE EXTENSIVE THAN THE CURRENT STRIKE AROUND THE STRAIT OF HORMUZ. TRUMP APPEARS TO HAVE DELIBERATELY ESCALATED THE CONFLICT WITH THE INTENTION OF CAUSING ENOUGH DAMAGE TO COMPEL THE IRANIAN REGIME TO OPEN THE STRAIT OF HORMUZ AND TO ACCEPT HIS NUCLEAR DEMANDS. KIM XIAN

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Ali release real-time voice interactive dialogue model Qwen-Audio-3.0-Realtime

On 15 July, Ali Baba launched a live voice interactive dialogue model, Qwen-Audio-3.0-Realtime, which was upgraded simultaneously on four main lines of IQ, Agent tools, interlocution and two-work interaction, seeking to be “quick and smart”. The model consists of a more reasoned version of the Plus and a faster version of the Flash, which applies to situations such as intelligent passenger service, educational training, recreational interaction and emotional companionship. Kim Xian

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Trump discussed plans to expand the scope of the attack on Iran

ACCORDING TO AXIOS: ACCORDING TO THREE SOURCES, ON TUESDAY, LOCAL TIME, UNITED STATES PRESIDENT TRUMP CONVENED A MEETING IN THE WHITE HOUSE SITUATION ROOM TO DISCUSS A LARGE-SCALE OFFENSIVE AGAINST IRAN, WHICH WOULD BE MORE EXTENSIVE THAN THE CURRENT STRIKE AROUND THE STRAIT OF HORMUZ. TRUMP APPEARS TO HAVE DELIBERATELY ESCALATED THE CONFLICT WITH THE INTENTION OF CAUSING ENOUGH DAMAGE TO COMPEL THE IRANIAN REGIME TO OPEN THE STRAIT OF HORMUZ AND TO ACCEPT HIS NUCLEAR DEMANDS. KIM XIAN

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