Eigen Labs announces a workforce reduction of approximately 25% and a strategic shift of focus towards EigenCloud.

On July 9th, as per the monitoring of Onchain Lens, a dormant whale/institution has "awakened" today and transferred 9,000 BTC, which is approximately worth $9.77 billion.
In the past 24 hours, this whale has cumulatively transferred out 17,283 BTC, with a value of approximately $18.8 billion.

On July 9th, based on market data, the US stock GameSquare (GAME) was experiencing a temporary after-hours trading at $1.63, with a 5.84% increase. Previously reported, GameSquare Holdings, Inc. (with a Nasdaq stock code: GAME) announced today that the board of directors has approved the establishment of an Ethereum treasury in phases, with a total amount of up to $100 million.

On July 9th, according to the official website of Huobi HTX, Huobi HTX announced its latest monthly Merkle Tree Proof of Reserves (PoR) audit report on July 1st. As of July 1st, 2025, the overall reserve ratio of the platform has remained above 100%, continuously ensuring the security and transparency of user assets. Among them, the USDT user assets are approximately 1.8 billion, and the platform's reserves exceed 1.82 billion, achieving four consecutive months of asset growth. The specific updated reserve ratios are: BTC (101%), ETH (100%), TRX (105%), USDT (101%), HTX (102%), XRP (100%), DOGE (100%), SOL (100%). As one of the earliest platforms to adopt the Merkle Tree verification mechanism in the industry, Huobi HTX has publicly disclosed reserve data for 33 consecutive months.

July 9th. As per official channels, the Tanssi Foundation announced that it has recently accomplished a final round of strategic financing amounting to $850,000 with great success. The blockchain investment firm KR1 took the lead in this round, and other key investors also participated.

On July 9th, as reported by The Block, the South Korean Ministry of SMEs and Startups announced today its intention to modify the existing "Act on Special Measures for the Promotion of Venture Businesses." It plans to permit virtual asset trading and brokerage service providers to register as "venture companies," thereby enabling them to be eligible for government support policies. In South Korea, a "venture company" refers to a small or startup company that has been officially certified by the government. To obtain certification, the company must meet certain criteria in terms of investment scale, R&D intensity, or technology assessment and can enjoy benefits such as tax breaks and financing support. Under the current regulations, since 2018, blockchain-based cryptocurrency trading and brokerage businesses have been excluded from the scope of venture company certification and have been placed in the same restricted category as bars and nightclubs.