Odaily reports that data from Binance shows the total stablecoin reserves held by cryptocurrency exchanges have now reached $93 billion. Of this, Binance holds approximately $53 billion, accounting for a 57% market share, which is $42 billion more than the stablecoin reserves of the second-ranked exchange platform. Furthermore, since the beginning of 2025, total exchange stablecoin reserves have grown by 61%, an increase of about $35 billion. Over the same period, Binance's market share has also risen from 54% to 57%.
According to on-chain analyst Ai Yi's monitoring, Robinhood Chain has recorded over 38.72 million total transactions within just 10 days of its launch, with 12.11 million transactions in the past 24 hours. The total number of addresses has exceeded 1.09 million, and the 24-hour transaction fees amounted to 193.71 ETH. The leading Memecoin, CASHCAT, has a market capitalization close to $200 million.
According to Lookonchain monitoring, a Solana OG had 181,000 SOL stolen. The hacker sold all 181,000 SOL, bridged the funds to Ethereum, and exchanged them for 7,918 ETH, worth $14.2 million.
Odaily reports: Gate has issued a statement regarding the recent customer fund incident, acknowledging that its initial communication with users was inadequate and failed to prioritize user concerns. Gate’s initial assessment was entirely based on factual evidence: the applicant provided highly matching information including account email, phone number, real-name verification, complete transaction records, and authentic Alipay transaction screen recordings. This information was highly accurate, and the applicant passed liveness verification. After sending email and text notifications, the user raised no objections following a 2-day review protection period plus a 24-hour withdrawal protection period. Additionally, the application IP was from the same region as the account’s recent access IP. Based on cross-verification of multiple data points, Gate made a judgment of suspected authenticity at that time.
Despite the inadequate initial communication, Gate’s support for users has never ceased. Following the incident, a dedicated task force comprising security, compliance, legal, and business teams was immediately established to create an exclusive support group for the user. Currently, incident reconstruction, device security analysis, real-time tracking of fund flows have been completed, and assistance has been provided to the user in filing a police report and supplying comprehensive documentation.
Meanwhile, Gate has engaged a professional legal team and mobilized business resources to actively communicate with Tether and relevant exchanges, aiming to freeze the involved funds.
Regarding security mechanisms, Gate reiterates that it has always maintained a multi-layered protection system, including multi-channel advance notifications, systematic risk control screening, manual four-eye review, and strict time-based protections. Liveness verification serves only as an auxiliary measure, not the sole basis. The 10.x private network IP appearing in logs represents normal operations by auditors.
Furthermore, following rigorous investigation, this incident does not involve platform data breaches or misconduct by former employees. Certain sensitive information provided by the applicant was not previously held by the platform. Security is an ongoing journey. Gate will conduct a thorough review of this incident and continuously optimize its processes. Regardless of the final investigation outcome, Gate will fully cooperate with police and third-party agencies, doing everything possible to help users recover their funds.
Odaily reported that the Hong Kong Interbank Clearing Limited has issued an announcement stating that it has recently discovered several counterfeit websites. Under the guise of "Buyer Online Security Protection," these sites trick users into submitting personal information such as ID numbers, ID photos, and phone numbers for so-called "real-name authentication." Using cash rewards as bait, they entice users to deposit and withdraw funds via purported virtual wallets. The Hong Kong Interbank Clearing Limited urges the public to be cautious of suspicious phone calls, websites, or other communications, and advises anyone who suspects they have been deceived to report the matter to the police as soon as possible.
PPP Prediction Market Tool monitoring shows that in the Polymarket "MSI Lower Bracket Final HLE vs. LYON" prediction event, a smart money address, ROBBATTISTAFANDUELRETARD (0x13414a77a4be48988851c73dfd824d0168e70853), which has made over $650,000 in profit, purchased $146,000 worth of shares predicting HLE would defeat LYON, with an average entry price of 88.8¢, buying 164,999.6 shares.
Additionally, this address also bought $30,000 worth of shares predicting HLE would defeat LYON with a -2.5 handicap, and $26,000 worth of shares predicting HLE would win the first game of the match.
The match started on July 11, 2026, at 16:00, with a BO5 format. The first game has already ended, with HLE winning.
Join the PPP Signal Push Community to stay ahead and seize the opportunity.
Odaily reports that Vitalik stated the biggest divide on AI is not about policy, but about whether superintelligence is imminent or just another technology. (Cointelegraph)
According to Odaily, there are reports that Tencent is in discussions to become the largest shareholder of Manus, an AI Agent company. The reports indicate that a Chinese capital syndicate led by Tencent is set to repurchase all equity of Manus from Meta at a valuation of approximately $2 billion. A reporter sought confirmation from Tencent, but as of press time, Tencent had not responded. Another informed source revealed that following the transaction, Tencent will maintain a minority stake but will not take a controlling position. (Nandu Daily)
Odaily reported that Bybit today launched the SK Hynix (SKHYUSDT) US stock perpetual contract, supporting up to 25x leverage. In conjunction with the launch, a limited-time fee discount is available: 0% fee for limit orders and 50% off for market orders.
Odaily Planet Daily News: According to on-chain detective Specter's monitoring, the Hedera Network is suspected of being hacked. The attacker has bridged over $3.7 million from the Hedera Network to Ethereum via LayerZero. The stolen funds are currently being swapped from WBTC to ETH. The theft addresses include 0x9A4966152F6e10b33Cb7a37975e8619816d6a494 and 0xaf20D792A19fD42dCf697ceBa6100291D96dD93e.
Tibo, a core member of OpenAI Codex, posted on X platform stating that previously, it was too easy for users to enable high-compute mode without fully explaining its impact on usage quotas. The large-scale revamp of the desktop application made common features like chats and projects difficult to find. Additionally, promotional efforts overly focused on ChatGPT Work, leading some Codex users to mistakenly believe that Codex would be phased out in the future. Furthermore, the new version also caused issues with some multi-agent workflows, plugin functions, and other user experiences.
In response to the above issues, OpenAI has already rolled out the first batch of improvement measures, including adjusting default settings and the model selector to prevent users from accidentally using high-cost configurations, fixing several plugin submission issues, optimizing the presentation of Codex within the product, and resolving some desktop experience problems.
Additionally, over the past 24 hours, OpenAI has been continuously collecting user feedback, analyzing usage patterns, and communicating with users. Although the market has shown strong interest in GPT 5.6 Sol and the web and mobile versions of ChatGPT Work, OpenAI also acknowledges that this update has multiple issues.
As of now, two rounds of Codex and ChatGPT Work usage quota top-ups have been completed. The next larger-scale update will be released next week, when chat and project features will return to the sidebar in a more familiar and customizable form. The platform will also enhance the visibility of usage quotas and reset times, further clarifying the respective applicable scenarios for ChatGPT Work and Codex.
Odaily Odaily reports that the White House confirmed on the 10th that U.S. President Trump has removed two sitting members of the U.S. Election Assistance Commission. Earlier, it was reported that Trump removed Democratic members Thomas Hicks and Benjamin Hovland from the commission on the 9th, and accepted the resignation of Republican member Christy McCormick; another Republican member, Donald Palmer, had already left earlier this year. Consequently, all four seats on the commission are now vacant. A White House statement on the 10th said the president reserves the right to remove relevant personnel who may not be fully committed to ensuring the security of U.S. elections and ensuring that every legal vote is counted. The White House statement did not provide a specific reason for Trump's action. U.S. media reported that the commission had previously rejected an executive order signed by Trump that required voters to provide proof of U.S. citizenship on the national voter registration form.
Odaily reported that Citrini analyst jukan posted on X, citing WSJ, that Apple has secured a semiconductor tariff exemption after committing to use Intel’s foundries. Apple will produce not only Mac chips but also iPhone chips at Intel.
Odaily reported that, according to official sources, Gate ETF will list SKHY3L and SKHY3S (SK Hynix) at 15:00 (UTC+8) on July 11, supporting 3x long/short on SKHY (SK Hynix). Gate ETF currently supports trading of 362 tokens.
Odaily reports that Hyperliquid has listed the perpetual contract for CASHCAT, a Robinhood Chain Meme coin, supporting up to 3x leverage.
According to GMGN market data, the Robinhood Chain Meme coin CASHCAT briefly reached a new all-time high in market cap, currently reported at $200 million, with a single-day increase of over 20%.
Odaily reminds that Meme coins are highly volatile, often driven by market sentiment and trending events, and lack substantial value support. Investors should be aware of the associated risks.


