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)

Odaily News, ARK Invest Founder Cathie Wood stated on the X platform that US corporate pre-tax profits as a percentage of GDP have reached 13.2%, a level not seen in decades.

Wood noted that the massive monetary and fiscal stimulus during the pandemic drove rapid profit growth, but the factors supporting current profit levels are shifting. She believes that more companies are leveraging artificial intelligence (AI) and productivity-enhancing tools to optimize operations and protect profit margins.

She stated that the market is still in the early stages of observing AI's impact on corporate earnings, and companies that can effectively apply AI to boost efficiency will further widen the gap with those unable to adapt to technological change.

Wood said that AI-driven productivity gains could become a key driver of sustained corporate profit growth, with the impact expected to gradually materialize over the coming years.

Odaily讯 2026 年至今已有超过 100 个加密项目关闭、申请破产或永久停止运营，且退出速度正在加快。仅 7 月下旬一周内，BitMEX、BitMart、Movement Labs 和 Storj Labs 就宣布关闭或提交相关申请。退出项目覆盖交易平台、钱包、DeFi 借贷协议、NFT 市场及 L1 区块链。波卡平行链 Moonbeam 于 7 月 31 日永久停止运行，未及时桥接资产的用户资金被滞留。

以太坊通用型 L2 数量曾于 2023 年快速增长，但随着部署链门槛降低，市场逐渐拥挤，且部分项目缺乏差异化。大量项目存在使用量但缺乏传统意义上的收入，部分团队使用自身代币支付工程师费用、补贴流动性并承担安全审计费用。近期多数山寨币下跌 70%至 90%，令以代币计价的资金储备和运营周期估算失效。

DAO 治理工具平台 Tally 曾服务超过 500 个协议、处理逾 10 亿美元付款并协助保护最高 800 亿美元链上价值，但仍因治理工具缺乏可持续商业模式而关闭。

安全事件进一步加快项目退出。Blockaid 估计，2026 年上半年链上攻击损失达 11 亿美元，超过 2025 年全年；其中 Kelp DAO 和 Drift Protocol 两起事件分别损失 2.93 亿美元和 2.85 亿美元。TRM Labs 估计，朝鲜相关攻击者占同期加密攻击总损失的 66%。

能够在熊市中继续增长的项目普遍依靠美元收入，而非自身代币。Hyperliquid 于 6 月 30 日累计手续费突破 10 亿美元，目前占去中心化永续合约市场 70%；Aave 截至 7 月持有超过 120 亿美元存款，年化借款手续费超过 1 亿美元。

ARK Invest 研究总监 Lorenzo Valente 表示，加密行业正在经历历史上规模最大的整合，资本变得更加挑剔，缺乏实际产品市场契合度的团队和交易平台正在关闭。（CoinDesk）

Odaily News: Despite Michael Saylor posting Bitcoin Tracker updates weekly, Strategy has not purchased Bitcoin since June. (Bitcoin News)

Odaily News, ARK Invest founder Cathie Wood stated that while the recent U.S. employment report appears concerning on the surface, deeper economic trends are shifting. Productivity gains, the expanding application of AI, and potential deflationary pressures could become the main market themes moving forward.

Wood noted that the U.S. federal deficit as a percentage of GDP is currently around 5.6%, approaching levels seen during the Reagan era in the 1980s. She believes that if productivity and technology adoption continue to accelerate as ARK anticipates, that ratio could fall to about 5% by year-end, although most economic forecasters view this target as difficult to achieve.

On inflation, Wood believes the market is underestimating deflationary risks. She noted that recent inflation data has consistently come in below expectations, with the June CPI falling 0.4% month-over-month, PPI down 0.3% month-over-month, and core PCE rising just 0.1% month-over-month. She argues that companies that fail to adopt AI and productivity tools may face greater pricing pressure and competitive risks in the future.

Wood is also bullish on the U.S. dollar. ARK's data model based on Kalshi prediction markets suggests the dollar index could rise to 102.6 this year. She pushed back against the view that "overseas capital is selling off U.S. assets," pointing out that Japan's recent currency market intervention primarily involved selling euros and buying yen, rather than selling dollars.

In energy markets, Wood believes a global crude oil supply glut is taking shape. She noted that the UAE's production has risen to historic highs after leaving OPEC, and further downside in oil prices could act as a deflationary driver for the global economy.

Regarding the AI investment boom, Wood said concerns about an AI bubble are overblown, and the current growth in capital expenditure likely represents the early stage of a long-term technological revolution rather than a short-term speculative cycle.

In the crypto asset space, Wood said Bitcoin's performance relative to gold is stabilizing, and believes that as the "agentic commerce" economy develops, Bitcoin and stablecoins could become the biggest beneficiaries.

Odaily News According to a Reuters survey, economists expect the U.S. overall CPI annual rate for July to ease to 3.4% from 3.5% in June, while core CPI annual rate is expected to edge down to 2.5% from 2.6% last month. Economists at Citigroup believe that, as expected, a second consecutive month of softening inflation readings would mean more than one month of data points to easing inflationary pressures, which would essentially rule out a September rate hike.

However, economists also expect core services inflation to rise slightly in July, with prices edging up 0.3% month-on-month, following a flat reading from May to June. Analysts at Bank of America noted that a rebound in the core services index could keep a September rate hike on the table. Analyst Kate Duguid said that if the latter view prevails and inflation data comes in below expectations, the Fed's rate hike could be delayed to December or later. (Jin Shi)

Odaily reported that US officials said Trump is very patient and is expected to weather this round of diplomatic standoff, especially while gasoline prices remain at current levels. A White House official insisted that the US has achieved all its military objectives against Iran. Trump's current focus is on ensuring the smooth transit of world energy through the Strait of Hormuz, and the US will continue to keep military options on the table if Iran further attacks ships. On the nuclear issue, officials added that Trump has privately told senior aides in recent weeks that after the US military destroyed three major Iranian nuclear facilities last year, it is highly likely that Iran will not be able to restart its nuclear activities during his term.

Trump said in recent meetings that if Iran makes any attempt to rebuild nuclear facilities or secretly manufacture a nuclear bomb, US intelligence agencies will detect it in time, and he believes the threat of further US strikes will serve as a lasting deterrent. Officials said that if the US can contain Iran's nuclear program and the Strait resumes navigation, Trump is more likely to indefinitely extend the current ceasefire. If Iran fully reopens the Strait, Trump is also expected to lift the US military blockade on Iranian ports. (Wall Street Journal)