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On July 15, ASML (ASML.O), the world's largest supplier of computer chip manufacturing equipment, announced that its revenue and profit for the second quarter exceeded market expectations, as demand from artificial intelligence chip manufacturers offset uncertainties in sales to China. According to median estimates from LSEG, ASML's revenue for the three months ending June 30 was €9.33 billion (approximately $10.9 billion), surpassing analysts' expectations of €8.8 billion. Net profit was €2.92 billion, also exceeding market expectations of €2.62 billion. As of the time of publication, ASML's pre-market shares rose by 2.73%.

[ASML Q2 Performance Exceeds Expectations, Driven by AI Chip Demand]On July 15, ASML (ASML.O), the world's largest supplier of computer chip manufacturing equipment, announced that its revenue and profit for the second quarter exceeded market expectations, as demand from artificial intelligence chip manufacturers offset uncertainties in sales to China. According to median estimates from LSEG, ASML's revenue for the three months ending June 30 was €9.33 billion (approximately $10.9 billion), surpassing analysts' expectations of €8.8 billion. Net profit was €2.92 billion, also exceeding market expectations of €2.62 billion. As of the time of publication, ASML's pre-market shares rose by 2.73%.

ASML Q2 Performance Exceeds Expectations, Driven by AI Chip Demand

Aave has announced that it has selected Chainlink CCIP as its cross-chain infrastructure standard. CCIP is currently being utilized by Aave to deliver infrastructure (a.DI) for cross-chain GHO transfers and multi-chain governance execution. In the future, it will also support the cross-chain logic of the Aave App through Stable Vaults, covering scenarios such as treasury rebalancing, yield optimization, deposits, and transfers. Related cross-chain operations will take place between Ethereum, Base, and Arbitrum.

[Aave's Stable Vaults to Use Chainlink CCIP as Cross-Chain Infrastructure Standard]Aave has announced that it has selected Chainlink CCIP as its cross-chain infrastructure standard. CCIP is currently being utilized by Aave to deliver infrastructure (a.DI) for cross-chain GHO transfers and multi-chain governance execution. In the future, it will also support the cross-chain logic of the Aave App through Stable Vaults, covering scenarios such as treasury rebalancing, yield optimization, deposits, and transfers. Related cross-chain operations will take place between Ethereum, Base, and Arbitrum.

Aave's Stable Vaults to Use Chainlink CCIP as Cross-Chain Infrastructure Standard

On July 15, Hyperliquid listed Changxin Storage (CMXT) Pro-IPO and began trading. The current quoted price is around 8 USD, which is more than 5 times the IPO price of 8.66 RMB per share. If Changxin Storage's IPO price rises to this level after the market opens, it would imply a market valuation of 3.6 trillion RMB.

[Hyperliquid Lists Changxin Storage Pro-IPO with Over 5x Premium to IPO Price]On July 15, Hyperliquid listed Changxin Storage (CMXT) Pro-IPO and began trading. The current quoted price is around 8 USD, which is more than 5 times the IPO price of 8.66 RMB per share. If Changxin Storage's IPO price rises to this level after the market opens, it would imply a market valuation of 3.6 trillion RMB.

Hyperliquid Lists Changxin Storage Pro-IPO with Over 5x Premium to IPO Price

On July 15, the KOSPI index in South Korea surged 8.00% during intraday trading, currently reported at 7407.70 points. Korean and American semiconductor stocks rose by 28%, SK Hynix increased by 12.9%, and Samsung Electronics gained 7.6%. (Jin Shi)

[KOSPI Index Soars 8.00% in Intraday Trading, SK Hynix Rises 12.9%]On July 15, the KOSPI index in South Korea surged 8.00% during intraday trading, currently reported at 7407.70 points. Korean and American semiconductor stocks rose by 28%, SK Hynix increased by 12.9%, and Samsung Electronics gained 7.6%. (Jin Shi)

KOSPI Index Soars 8.00% in Intraday Trading, SK Hynix Rises 12.9%

On July 11, SK Group Chairman Choi Tae-won stated in an interview with Bloomberg that AI is fundamentally changing the demand logic in the memory chip industry. In the past, memory demand was mainly limited by population and the number of end devices; however, in the future, each person may simultaneously own dozens or even hundreds of AI entities, generating a massive amount of cache and leading to an extremely large demand for memory. For this reason, SK Hynix plans to double its overall production capacity in the next five years. Choi predicts that memory demand in the AI era will grow exponentially, and supply shortages may persist for years, while capacity expansion will still struggle to keep up with demand.

[SK Group Chairman Choi Tae-won: Memory Demand Will Continue to Increase, Our Supply Capacity Will Never Catch Up]On July 11, SK Group Chairman Choi Tae-won stated in an interview with Bloomberg that AI is fundamentally changing the demand logic in the memory chip industry. In the past, memory demand was mainly limited by population and the number of end devices; however, in the future, each person may simultaneously own dozens or even hundreds of AI entities, generating a massive amount of cache and leading to an extremely large demand for memory. For this reason, SK Hynix plans to double its overall production capacity in the next five years. Choi predicts that memory demand in the AI era will grow exponentially, and supply shortages may persist for years, while capacity expansion will still struggle to keep up with demand.

SK Group Chairman Choi Tae-won: Memory Demand Will Continue to Increase, Our Supply Capacity Will Never Catch Up

According to monitoring by Dongcha Beating, Alibaba has released the real-time voice model Qwen-Audio-3.0-Realtime. It can respond in milliseconds and actively utilize external tools such as maps, APIs, MCP, and knowledge bases during conversations without users needing to explicitly say 'call tool.' For example, if a user first asks about nearby Sichuan restaurants and then inquires which one has the highest rating and is closest, the model will remember the previous query results and continue searching and responding. The model can also listen while speaking, allowing users to interrupt at any time. In noisy environments or during conversations with multiple people, it will attempt to identify the main speaker to reduce interruptions from background noise. The voice will also adjust its tone, pace, and emotion according to the context. The official release includes a more powerful Plus version and a faster responding Flash version, which are now available on Alibaba Cloud.

[Alibaba Launches Qwen-Audio-3.0-Realtime, Voice AI Actively Utilizes Tools]According to monitoring by Dongcha Beating, Alibaba has released the real-time voice model Qwen-Audio-3.0-Realtime. It can respond in milliseconds and actively utilize external tools such as maps, APIs, MCP, and knowledge bases during conversations without users needing to explicitly say 'call tool.' For example, if a user first asks about nearby Sichuan restaurants and then inquires which one has the highest rating and is closest, the model will remember the previous query results and continue searching and responding. The model can also listen while speaking, allowing users to interrupt at any time. In noisy environments or during conversations with multiple people, it will attempt to identify the main speaker to reduce interruptions from background noise. The voice will also adjust its tone, pace, and emotion according to the context. The official release includes a more powerful Plus version and a faster responding Flash version, which are now available on Alibaba Cloud.

Alibaba Launches Qwen-Audio-3.0-Realtime, Voice AI Actively Utilizes Tools

On July 15, BIT Official released a daily chart analysis stating that Ethereum is attempting to form a double bottom pattern, providing traders with a clearer technical support level. Although the fundamentals and market structure still suggest that investors should remain cautious, as long as Ethereum holds its recent lows, this pattern indicates an improvement in the technical outlook. Meanwhile, lower-than-expected inflation data has also improved the macro environment for risk assets. After recording net outflows for eight consecutive months, Ethereum ETFs may see their first net inflow this month, potentially boosting institutional demand, although the extent of improvement may still be limited.

[BIT Official: Ethereum Attempts to Form Double Bottom Pattern]On July 15, BIT Official released a daily chart analysis stating that Ethereum is attempting to form a double bottom pattern, providing traders with a clearer technical support level. Although the fundamentals and market structure still suggest that investors should remain cautious, as long as Ethereum holds its recent lows, this pattern indicates an improvement in the technical outlook. Meanwhile, lower-than-expected inflation data has also improved the macro environment for risk assets. After recording net outflows for eight consecutive months, Ethereum ETFs may see their first net inflow this month, potentially boosting institutional demand, although the extent of improvement may still be limited.

BIT Official: Ethereum Attempts to Form Double Bottom Pattern

On July 5, Slow Mist reported that the decentralized tipping protocol Drips Network was attacked, resulting in a loss of approximately 24,900 DAI. Slow Mist's analysis indicates that the root of the attack lies in the integer conversion flaw in the give(address, uint128) function of the DaiDripsHub contract. This function converts a uint128 amount to int128 without verifying whether the input exceeds the maximum value of int128. The attacker exploited this by passing a specific value that exceeded the int128 range, causing the converted amount to become negative. This led to a reversal of the transfer direction, resulting in the reserve contract executing an abnormal withdrawal to the attacker's account, ultimately depleting the reserve funds.

[Slow Mist: Drips Network Loses Approximately 24,900 DAI Due to Integer Conversion Vulnerability]On July 5, Slow Mist reported that the decentralized tipping protocol Drips Network was attacked, resulting in a loss of approximately 24,900 DAI. Slow Mist's analysis indicates that the root of the attack lies in the integer conversion flaw in the give(address, uint128) function of the DaiDripsHub contract. This function converts a uint128 amount to int128 without verifying whether the input exceeds the maximum value of int128. The attacker exploited this by passing a specific value that exceeded the int128 range, causing the converted amount to become negative. This led to a reversal of the transfer direction, resulting in the reserve contract executing an abnormal withdrawal to the attacker's account, ultimately depleting the reserve funds.

Slow Mist: Drips Network Loses Approximately 24,900 DAI Due to Integer Conversion Vulnerability

On July 15, according to two informed sources, payment company Stripe and private equity firm Advent International have jointly proposed to acquire PayPal (PYPL.O) at a price of $60.50 per share, which would value the payment company at over $53 billion. The sources stated that the offer was submitted earlier this month and has secured approximately $50 billion in committed financing support from banks, representing a premium of about 28% over PayPal's closing price on Tuesday. (Jinshi)

[Stripe and Advent Propose Acquisition of PayPal for Over $53 Billion]On July 15, according to two informed sources, payment company Stripe and private equity firm Advent International have jointly proposed to acquire PayPal (PYPL.O) at a price of $60.50 per share, which would value the payment company at over $53 billion. The sources stated that the offer was submitted earlier this month and has secured approximately $50 billion in committed financing support from banks, representing a premium of about 28% over PayPal's closing price on Tuesday. (Jinshi)

Stripe and Advent Propose Acquisition of PayPal for Over $53 Billion

The algorithmic stablecoin protocol Frax Finance has gone live with frxETH, supporting both minting and pledge/unpledge functionality. More than 1,655 frxETH have been minted so far. As previously reported, Frax Finance will make its liquidity pledge protocol on Ether publicly available in two weeks. The release will allow users to pledge ETH and receive a liquidity derivative token, Frax Ether (frxETH), designed to unlock the value of the pledged tokens. The derivative will reflect the price of ETH and can be freely traded on other DeFi protocols

Detail

【Frax Finance has gone live with frxETH, an ethereum liquidity pledge token】The algorithmic stablecoin protocol Frax Finance has gone live with frxETH, supporting both minting and pledge/unpledge functionality. More than 1,655 frxETH have been minted so far. As previously reported, Frax Finance will make its liquidity pledge protocol on Ether publicly available in two weeks. The release will allow users to pledge ETH and receive a liquidity derivative token, Frax Ether (frxETH), designed to unlock the value of the pledged tokens. The derivative will reflect the price of ETH and can be freely traded on other DeFi protocols

Frax Finance has gone live with frxETH, an ethereum liquidity pledge token

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Frax Finance has gone live with frxETH, an ethereum liquidity pledge token

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