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On July 14, according to Cointelegraph, the U.S. Clarity Act received public support from a second major law enforcement organization before the Senate's August recess. The Federal Law Enforcement Officers Association sent a letter to the Senate Banking Committee on July 10 supporting the bill, while calling for amendments to DeFi protection provisions to strengthen accountability, clarify responsibility attribution in decentralized financial systems, and prevent enterprises from evading regulation under the guise of decentralization. Previously, the bill had received support from the National Organization of Black Law Enforcement Executives. The two letters help counter arguments that the bill would weaken the government's ability to combat crypto-related crimes. However, the Federal Law Enforcement Officers Association still demands narrowing the scope of DeFi protections, modifying the “specific intent” language to facilitate liability determination, and clarifying that the bill does not limit existing federal investigative powers. Earlier, four law enforcement organizations sent a letter to the White House in June expressing concerns about Section 604.

[Federal Law Enforcement Officers Association Supports Clarity Act, But Calls for Stronger DeFi Accountability Provisions]On July 14, according to Cointelegraph, the U.S. Clarity Act received public support from a second major law enforcement organization before the Senate's August recess. The Federal Law Enforcement Officers Association sent a letter to the Senate Banking Committee on July 10 supporting the bill, while calling for amendments to DeFi protection provisions to strengthen accountability, clarify responsibility attribution in decentralized financial systems, and prevent enterprises from evading regulation under the guise of decentralization. Previously, the bill had received support from the National Organization of Black Law Enforcement Executives. The two letters help counter arguments that the bill would weaken the government's ability to combat crypto-related crimes. However, the Federal Law Enforcement Officers Association still demands narrowing the scope of DeFi protections, modifying the “specific intent” language to facilitate liability determination, and clarifying that the bill does not limit existing federal investigative powers. Earlier, four law enforcement organizations sent a letter to the White House in June expressing concerns about Section 604.

Federal Law Enforcement Officers Association Supports Clarity Act, But Calls for Stronger DeFi Accountability Provisions

On July 14, the Islamic Revolutionary Guard Corps of Iran announced today (July 14) that, in response to the latest aggressive acts by the enemy, under the military operation codenamed "Nasr 2," the Revolutionary Guard launched strikes targeting multiple ammunition depots, a satellite communications center, and buildings housing U.S. troops in Bahrain, inflicting "significant losses" on the enemy. The Revolutionary Guard stated that retaliatory strikes are ongoing. (CCTV Global News)

[Iranian Revolutionary Guard Corps Launches Operation Nasr 2]On July 14, the Islamic Revolutionary Guard Corps of Iran announced today (July 14) that, in response to the latest aggressive acts by the enemy, under the military operation codenamed "Nasr 2," the Revolutionary Guard launched strikes targeting multiple ammunition depots, a satellite communications center, and buildings housing U.S. troops in Bahrain, inflicting "significant losses" on the enemy. The Revolutionary Guard stated that retaliatory strikes are ongoing. (CCTV Global News)

Iranian Revolutionary Guard Corps Launches Operation Nasr 2

On July 14, the U.S. Central Command stated: "The U.S. Central Command completed the latest round of strikes against Iran at 10:15 p.m. Eastern Time on July 13. Over the five-hour operation, U.S. forces successfully struck multiple military targets within Iran—including Bushehr, Chah Bahar, Jask, Konarak, Abu Musa, and Bandar Abbas—aimed at further degrading Iran's ability to attack commercial shipping. Central Command forces used precision-guided munitions to target Iran's coastal defense systems, missile and drone positions, and maritime operational capabilities. Currently, over 50,000 U.S. troops are deployed in the Middle East. The U.S. military remains highly vigilant and combat-ready, prepared to respond to any situation." (Jin Shi)

[U.S. Military: Completes New Round of Strikes on Iran, 50,000 Troops Deployed in the Middle East]On July 14, the U.S. Central Command stated: "The U.S. Central Command completed the latest round of strikes against Iran at 10:15 p.m. Eastern Time on July 13. Over the five-hour operation, U.S. forces successfully struck multiple military targets within Iran—including Bushehr, Chah Bahar, Jask, Konarak, Abu Musa, and Bandar Abbas—aimed at further degrading Iran's ability to attack commercial shipping. Central Command forces used precision-guided munitions to target Iran's coastal defense systems, missile and drone positions, and maritime operational capabilities. Currently, over 50,000 U.S. troops are deployed in the Middle East. The U.S. military remains highly vigilant and combat-ready, prepared to respond to any situation." (Jin Shi)

U.S. Military: Completes New Round of Strikes on Iran, 50,000 Troops Deployed in the Middle East

On July 14, Mirae Asset Securities Korea released a report stating that SK Hynix's operating profit forecast for the second quarter of 2026 was lowered by 12%. Specifically, the DRAM and NAND ASP assumptions were reduced by 8 percentage points and 5 percentage points, respectively. The brokerage estimates that approximately 50% of the company's revenue is covered by long-term supply agreements (LTAs). Mirae Asset Securities Korea maintains its target price for SK Hynix at 4.2 million Korean won, indicating a 128% upside potential.

[Mirae Asset Securities Korea: SK Hynix's Q2 Operating Profit Forecast Lowered by 12%]On July 14, Mirae Asset Securities Korea released a report stating that SK Hynix's operating profit forecast for the second quarter of 2026 was lowered by 12%. Specifically, the DRAM and NAND ASP assumptions were reduced by 8 percentage points and 5 percentage points, respectively. The brokerage estimates that approximately 50% of the company's revenue is covered by long-term supply agreements (LTAs). Mirae Asset Securities Korea maintains its target price for SK Hynix at 4.2 million Korean won, indicating a 128% upside potential.

Mirae Asset Securities Korea: SK Hynix's Q2 Operating Profit Forecast Lowered by 12%

According to monitoring by Dongcha Beating, OpenAI's core product lead Tibo stated that the active users of Codex and ChatGPT Work have reached 7 million. Just one day earlier, this number had surpassed 6 million. To celebrate this milestone, OpenAI has issued a one-time stored quota reset to all users. Users can activate it anytime on the desktop or web interface to directly refill their weekly usage quota.

[Codex Gains 1 Million Active Users in a Day; OpenAI Gives All Users Quota Reset]According to monitoring by Dongcha Beating, OpenAI's core product lead Tibo stated that the active users of Codex and ChatGPT Work have reached 7 million. Just one day earlier, this number had surpassed 6 million. To celebrate this milestone, OpenAI has issued a one-time stored quota reset to all users. Users can activate it anytime on the desktop or web interface to directly refill their weekly usage quota.

Codex Gains 1 Million Active Users in a Day; OpenAI Gives All Users Quota Reset

On July 14, a foreign media survey showed that economists expect the Bank of Korea to implement its first interest rate hike in over three years on Thursday, with another hike likely before the end of the year. South Korea's inflation rate rose to 3.2% in June, a two-and-a-half-year high, exceeding the central bank's 2% target for the fourth consecutive month. Inflation is expected to average around 3% in the second half of this year, paving the way for the start of a tightening cycle. Strong economic growth, rising housing prices, and high household debt provide policymakers with room to tighten policy. South Korea's economy grew at its fastest pace in nearly six years in the first quarter, and Bank of Korea Governor Lee Ju-yeol stated that given high oil prices triggered by the Middle East conflict, inflation is expected to exceed the central bank's target for a considerable period, making a rate hike necessary. In the survey conducted from July 7 to 13, all but one of 37 economists expected the Bank of Korea to raise its benchmark rate to 2.75% on July 16. Most of the surveyed economists (28 out of 31) predicted another rate hike by the end of the fourth quarter, bringing the policy rate to 3.00%. One predicted the benchmark rate would reach 3.25%, while the remaining two forecast it would hold at 2.75%. The median forecast shows the Bank of Korea raising the benchmark rate to 3.25% in the first quarter of 2027 and maintaining that level at least until the end of next year, which is 25 basis points higher than the forecast in the May survey.

[Bank of Korea Expected to Raise Rates This Week, First in Over Three Years]On July 14, a foreign media survey showed that economists expect the Bank of Korea to implement its first interest rate hike in over three years on Thursday, with another hike likely before the end of the year. South Korea's inflation rate rose to 3.2% in June, a two-and-a-half-year high, exceeding the central bank's 2% target for the fourth consecutive month. Inflation is expected to average around 3% in the second half of this year, paving the way for the start of a tightening cycle. Strong economic growth, rising housing prices, and high household debt provide policymakers with room to tighten policy. South Korea's economy grew at its fastest pace in nearly six years in the first quarter, and Bank of Korea Governor Lee Ju-yeol stated that given high oil prices triggered by the Middle East conflict, inflation is expected to exceed the central bank's target for a considerable period, making a rate hike necessary. In the survey conducted from July 7 to 13, all but one of 37 economists expected the Bank of Korea to raise its benchmark rate to 2.75% on July 16. Most of the surveyed economists (28 out of 31) predicted another rate hike by the end of the fourth quarter, bringing the policy rate to 3.00%. One predicted the benchmark rate would reach 3.25%, while the remaining two forecast it would hold at 2.75%. The median forecast shows the Bank of Korea raising the benchmark rate to 3.25% in the first quarter of 2027 and maintaining that level at least until the end of next year, which is 25 basis points higher than the forecast in the May survey.

Bank of Korea Expected to Raise Rates This Week, First in Over Three Years

On July 14, according to the Public Relations Department of the Islamic Revolutionary Guard Corps, two foreign oil tankers near the Strait of Hormuz ignored multiple navigation warnings from Iran, illegally entered relevant waters, and turned off their navigation systems, seriously endangering navigation safety. The Navy of the Islamic Revolutionary Guard Corps, in accordance with relevant laws and regulations, took necessary measures and lawfully disposed of the aforementioned 'violating vessels'. Currently, the two oil tankers have been attacked and destroyed. Iran also stated that the safety and smooth passage of the Strait of Hormuz are crucial to global energy supply, and Iran will continue to ensure normal navigation through the strait in accordance with the law, while resolutely responding to any illegal acts that threaten regional security. Regarding the specifics of this incident, relevant Iranian authorities have launched further investigations and will release more information in due course. (CCTV)

[Iran's Islamic Revolutionary Guard Corps Claims Attack and Destruction of Two 'Violating Vessels']On July 14, according to the Public Relations Department of the Islamic Revolutionary Guard Corps, two foreign oil tankers near the Strait of Hormuz ignored multiple navigation warnings from Iran, illegally entered relevant waters, and turned off their navigation systems, seriously endangering navigation safety. The Navy of the Islamic Revolutionary Guard Corps, in accordance with relevant laws and regulations, took necessary measures and lawfully disposed of the aforementioned 'violating vessels'. Currently, the two oil tankers have been attacked and destroyed. Iran also stated that the safety and smooth passage of the Strait of Hormuz are crucial to global energy supply, and Iran will continue to ensure normal navigation through the strait in accordance with the law, while resolutely responding to any illegal acts that threaten regional security. Regarding the specifics of this incident, relevant Iranian authorities have launched further investigations and will release more information in due course. (CCTV)

Iran's Islamic Revolutionary Guard Corps Claims Attack and Destruction of Two 'Violating Vessels'

On July 14, Ethereum co-founder Joseph Lubin tweeted that Ethereum L1 revenue fees should remain low to promote growth. Over the next 2-3 years, tens of thousands of enterprises will conduct business based on Ethereum L1, L2, and private permissioned EVM networks such as the Besu chain. The monetary premium will grow significantly, fee revenue from L1 activities will increase markedly, staking and other forms of locking ETH will reduce supply, and under ultrasound conditions, net ETH burn will further enhance the value of ETH.

[Ethereum Co-founder: Ethereum L1 Revenue Fees Should Remain Low to Promote Growth]On July 14, Ethereum co-founder Joseph Lubin tweeted that Ethereum L1 revenue fees should remain low to promote growth. Over the next 2-3 years, tens of thousands of enterprises will conduct business based on Ethereum L1, L2, and private permissioned EVM networks such as the Besu chain. The monetary premium will grow significantly, fee revenue from L1 activities will increase markedly, staking and other forms of locking ETH will reduce supply, and under ultrasound conditions, net ETH burn will further enhance the value of ETH.

Ethereum Co-founder: Ethereum L1 Revenue Fees Should Remain Low to Promote Growth

On July 14, Ethereum co-founder Joseph Lubin stated that Ethereum L1 fees should remain low to promote ecosystem growth. He expects that within the next 2 to 3 years, tens of thousands of companies will deploy on Ethereum L1, L2, and permissioned EVM networks, achieving cross-layer interoperability. Lubin believes that mass adoption will enhance ETH's monetary premium and total L1 fee revenue; meanwhile, staking and other locking mechanisms will reduce circulating supply. If ETH returns to a net deflationary state, its value could further increase.

[Ethereum Co-Founder: L1 Should Maintain Low Fees, Tens of Thousands of Companies May Deploy in 2-3 Years]On July 14, Ethereum co-founder Joseph Lubin stated that Ethereum L1 fees should remain low to promote ecosystem growth. He expects that within the next 2 to 3 years, tens of thousands of companies will deploy on Ethereum L1, L2, and permissioned EVM networks, achieving cross-layer interoperability. Lubin believes that mass adoption will enhance ETH's monetary premium and total L1 fee revenue; meanwhile, staking and other locking mechanisms will reduce circulating supply. If ETH returns to a net deflationary state, its value could further increase.

Ethereum Co-Founder: L1 Should Maintain Low Fees, Tens of Thousands of Companies May Deploy in 2-3 Years

June 21 (Huobi) -The Securities and Exchange Commission today charged New York-based investment adviser Insight Venture Management LLC with charging excess management fees and failing to disclose a conflict of interest to investors relating to its fee calculations. To settle the SEC’s charges, Insight agreed to pay a $1.5 million penalty and $864,958 in disgorgement and prejudgment interest, which has already been paid back to the impacted funds.

[SEC charged New York-based Investment Adviser Insight Venture Management LLC with charging excess Management Fees]June 21 (Huobi) -The Securities and Exchange Commission today charged New York-based investment adviser Insight Venture Management LLC with charging excess management fees and failing to disclose a conflict of interest to investors relating to its fee calculations. To settle the SEC’s charges, Insight agreed to pay a $1.5 million penalty and $864,958 in disgorgement and prejudgment interest, which has already been paid back to the impacted funds.

SEC charged New York-based Investment Adviser Insight Venture Management LLC with charging excess Management Fees

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

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Will Zcash’s ‘formal verification’ of Ironwood clear counterfeiting fears and boost ZEC?

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Dogecoin Traders Watch Moving Averages As DOGE Tries To Build A Cleaner Rebound

Grayscale: The Three Evolutionary Stages of Stock Tokenization and a Rundown of Core Beneficiary Public Blockchains

Audiera price prediction: Can BEAT break above $3 without fresh buying?

SEC charged New York-based Investment Adviser Insight Venture Management LLC with charging excess Management Fees

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