
Odaily News: According to Iran's Press TV, Iranian Army Commander Ali Jahanshahi stated that all forces are in a state of "full combat readiness" and will respond decisively to any threats facing the nation. Jahanshahi made these remarks on Sunday during a meeting with army commanders and personnel following an inspection of ground force units deployed in southeastern Iran and along the Makran coast. "All units of the Army Ground Forces, through continuous monitoring of movements and precise tracking of threats, are fully prepared for combat and will spare no effort in defending the border security of the Islamic Republic of Iran," he said. He added that recent developments have exposed the enemy's "true strength and capabilities" to public opinion. "If the enemy takes any action, we will respond decisively and deterringly. If any American military personnel sets foot on Iranian soil, we will cut them off," Jahanshahi stated. (Jin Shi)
Odaily News – A body of a Chinese national was discovered outside the Jade Park high-rise apartment complex in the Trinidad district of Asunción, Paraguay. Preliminary identification suggests it is Harry Chun Tak Yeh, founder and managing partner of Quantum Fintech Group. Police stated that he is suspected to have fallen from the 30th floor of the building, and his body was found naked and covered with a black plastic bag. Investigators found the door of his suspected residence on the 30th floor wide open, with the interior in severe disarray, and confirmed that he also owned another apartment on the 27th floor of the same building. Criminal forensic technicians have collected evidence from the exterior of the building and both apartments, and relevant physical evidence has been handed over to the prosecutor's office. The prosecutor's office is currently investigating multiple possibilities in parallel, including accident, suspected suicide, and homicide. The judicial authorities will determine the specific cause and circumstances of death through an autopsy.
It is reported that Chinese-American crypto investor Harry Yeh entered the Bitcoin market in 2013, when BTC was trading at $60. He launched his first fund with $250,000, and his investment network claims to manage over $2.4 billion in assets, with close ties to Fantom, Tomb Finance, Lif3, ZooCoin, L3 USD, and L3 Reserve. (Latribuna)
Odaily Odaily News: Bitcoin Red Team member @Rob1Ham stated that OpenAI has blocked him from continuing security analysis of the Bitcoin codebase, after he had responsibly disclosed real vulnerabilities found within it. Rob1Ham said he had previously completed identity verification and onboarding processes related to OpenAI's cybersecurity capabilities, but is currently unable to continue investigating whether the fixes are sufficient or whether other vulnerabilities still exist. He stated that he will now resume Bitcoin security research using an open-source Chinese AI model. Rob1Ham commented: "Black hat hackers won't attack these issues, white hat hackers will." He also added: "For those who don't follow the rules and engage in harmful behavior, intelligence is unrestricted, while those committed to reducing harm are being excluded." (Bitcoin News)
Odaily reported that Coinbase CEO Brian Armstrong posted on X, stating that cryptocurrency has contributed to global accessibility to financial services. Stablecoins bring the US dollar on-chain, allowing anyone, anywhere, to hold low-inflation currency and transfer funds 24/7 at a cost of less than one cent; DeFi enables anyone to access credit services; tokenized stocks give 4 billion people who cannot invest through brokers the opportunity to invest in the US stock market; Bitcoin provides a store of value tool that is not diluted by inflation. He noted that there is still more work to be done in related areas, but the progress already achieved should not be overlooked.
Odaily News: According to Iran's Mehr News Agency on the 9th, the National Security and Foreign Policy Committee of the Iranian Parliament has approved the outline of a strategic action plan to ensure the security and development of the Strait of Hormuz. (Xinhua News Agency)
Odaily News – Hyperliquid's RWA perpetual contract trading is growing rapidly, yet platform revenue continues to decline, creating a divergence of "record-high trading volume versus shrinking retained revenue." Data shows that Hyperliquid's open interest climbed to approximately $11 billion on July 13, hitting a new high for 2026, with perpetual contract trading volume over the past 30 days nearing $178 billion, and its share of global perpetual open interest rising to around 9%. Meanwhile, Hyperliquid's protocol revenue has declined for four consecutive quarters, dropping from roughly $357 million in Q3 2025 to about $202 million in Q2 2026, down approximately 43% from its peak.
Analysts attribute this primarily to the HIP-3 mechanism, which allows external developers staking 500,000 HYPE to create their own perpetual markets and earn up to 50% of trading fees. In early 2026, developer-deployed markets accounted for only about 2% of Hyperliquid's perpetual trading volume; that figure has now risen to roughly half, meaning an increasing share of trading revenue is being distributed to external developers.
Since approximately 97% of Hyperliquid's trading fees are used to buy back HYPE, the decline in platform revenue directly translates to shrinking buyback scale. As of Friday, HYPE was trading at around $55, down about 28% from its all-time high of roughly $77 on June 16. Meanwhile, core contributors unlocked nearly 10 million HYPE on August 6, valued at approximately $550 million at then-prevailing prices, with subsequent unlock schedules continuing through 2027.
Overall, Hyperliquid's trading activity is still growing rapidly, but the revenue diversion caused by HIP-3 is weakening the platform's own earnings growth and HYPE buyback support. The boom in its RWA business has yet to fully translate into earnings growth for HYPE holders. (CoinDesk)
Odaily News: Apple is testing memory chips from ChangXin Memory Technologies (CXMT) across its product lines such as the iPhone and MacBook, in an effort to alleviate memory shortages triggered by the AI boom. Citing sources familiar with the matter, the report stated that Apple has initiated preliminary discussions with CXMT, China's largest chipmaker, regarding component supply, with the goal of using these chips in some devices sold in China. Reuters previously reported that CXMT is considering building a second memory chip factory in Beijing to increase production capacity. Additionally, laptop makers HP and Acer have already begun using CXMT chips in devices sold outside the U.S. market to ease supply shortages. (The Wall Street Journal)

