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SK Hynix sets the price guidance for its U.S. ADR issuance at a 3.1% premium to its South Korean closing price.

1 hours ago

Market News: SK Hynix has set the issue reference price for its American Depositary Receipts (ADR) at $149 per unit, a 3.1% premium over its closing price in South Korea.

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Circle Ventures invests in blockchain analytics and compliance firm Elliptic.

According to official announcements, Circle Ventures has invested in blockchain analytics and compliance firm Elliptic, with the specific investment amount undisclosed. Earlier this year, Elliptic completed a $120 million Series D funding round in May, led by One Peak, with participation from institutions including Nasdaq Ventures, Deutsche Bank, and British commercial banks. Elliptic also announced that Circle has joined its "Agentic Design Partner Program"—an initiative bringing together infrastructure providers, compliance leaders, and technical teams to co-develop compliance solutions for AI agent scenarios. Elliptic noted that Circle has been a client of Elliptic for years and has expanded its compliance capabilities across a range of digital asset projects.

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Altman: Reports that OpenAI intends to sell a 5% stake to the U.S. government are "inaccurate".

OpenAI CEO Sam Altman stated that there are many inaccuracies in reports about the U.S. government holding shares in OpenAI. BlockBeats previously reported that the Financial Times said in a July 2 report that OpenAI had discussed transferring a 5% stake to the U.S. government. Under the proposed arrangement, other U.S. AI companies would also transfer similar proportions of shares, though it remains unclear whether other AI labs are willing to do so.

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Trade.xyz launches trading of US-listed SK Hynix stocks.

According to official announcements, Trade.xyz has announced the launch of US stock SK Hynix (ticker: xyz:SKHY), with trading now open 24/7/365. SKHY tracks the value of one American Depositary Share (ADS) of SK Hynix. The ADS is listed on Nasdaq, with each ADS representing one-tenth of a SK Hynix common share held by a depositary bank. SKHY is launched as a pre-listing contract, and will convert to a standard XYZ perpetual contract once the ADS begins trading on Nasdaq.

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Robinhood lists SENT (Sentient) token

Robinhood’s official X account announced that SENT (Sentient) has officially launched on the Robinhood Crypto platform, and users can now trade the token on the platform.

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Meta unveils its first paid AI developer model, Muse Spark 1.1.

Meta has announced the launch of its first paid AI developer model, Muse Spark 1.1, a competitive agent and programming model. The model performs on par with GPT-5.5 and Opus-4.8 across multiple agent evaluations, and is now available via the new Meta Model API and Meta AI Platform. Meta CEO Mark Zuckerberg stated that the plan is to price the offering lower than competitors.

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Sources say Pakistan is still mediating, and the window for US-Iran talks may reopen.

According to the Iranian Students' News Agency (ISNA), Pakistani government sources have stated that Pakistan and Qatar have established new communication channels with the United States and Iran, aiming to halt military operations and facilitate the two sides to return to the negotiation process in line with the "Islamabad Memorandum of Understanding". Despite the renewed escalation of the conflict, Pakistan remains optimistic about upholding the Memorandum of Understanding.

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