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Storj’s token price has seen a continuous gradual decline, dropping 15% in the past 24 hours following its bankruptcy announcement.

1 hours ago

According to HTX market data, Storj’s token price has been in a sustained downtrend after the project’s bankruptcy announcement, falling 15% in 24 hours. BlockBeats previously reported that Storj Labs, the parent company of decentralized cloud storage project Storj, has filed for voluntary Chapter 11 bankruptcy protection under U.S. bankruptcy code to resolve historical debts and continue operations.

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Iran says talks with Oman on the Strait of Hormuz have no connection to the United States.

Iranian Foreign Ministry spokesman Bahaei said at a press conference on the 27th that Iran and Oman are currently holding talks on the issue of the Strait of Hormuz, and the talks have nothing to do with the United States. (Xinhua News Agency)

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Analysis: SK Hynix’s Q2 performance is projected to hit a record high

Meritz Securities analyst Kim Sun-woo stated that driven by one-time investment gains and rising semiconductor prices, SK Hynix is poised to report record second-quarter results. The analyst projects SK Hynix’s pre-tax profit for the April-June period will exceed 100 trillion won, consisting of 6.01 trillion won in operating profit plus 4.16 trillion won in investment gains from its stake in Japanese chipmaker Kioxia held through U.S. private equity firm Bain Capital. This performance will top the company’s prior operating profit record of 5.88 trillion won set in the first quarter. He added that DRAM and NAND storage chip prices rose 30% and 49% respectively in the second quarter.

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A whale bought 9,046 ETH worth over $17.8 million within 50 minutes.

According to monitoring by ai_9684xtpa, a whale address purchased 9,046.17 ETH via on-chain transactions at an average price of $1,968 over the past 50 minutes, totaling around $17.8 million. The address then transferred the purchased ETH in batches to other addresses.

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Iran says it has not resumed negotiations with the U.S., only receiving information via intermediaries.

Iranian Foreign Ministry spokesman Baghaei said mediators have relayed a message from the U.S. to Iran, but Iran is not currently in talks with Washington. Baghaei added that Iran has not requested the resumption of negotiations with the U.S. (Jinshi)

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Are South Korean users the main short sellers of Changxin Technology? Meanwhile, addresses from China and the U.S. are generally bullish.

According to Allium data, on the eve of Changxin Technology (CXMT)’s listing, Hyperliquid-attributable CXMT wallet data shows: wallets from the U.S., Hong Kong, and mainland China are overall net long, while South Korea-labeled wallets are the main short sellers in this sample. Among them, South Korean wallets hold around $760,000 in short positions, with the short position size roughly 38 times that of their long positions. Taiwan-labeled wallets are also net short, with a net short of approximately $329,000. On the long side: U.S.-labeled wallets hold $1.6 million in long positions and $345,000 in short positions, with a net long of around $1.255 million; Hong Kong-labeled wallets hold $1.3 million in long positions and $431,000 in short positions, with a net long of about $869,000; mainland China-labeled wallets hold only $83,000 in long positions and $16,000 in short positions, with a net long of roughly $67,000. Assuming all of South Korea-labeled wallets’ $760,000 short positions were opened at a uniform price of $6.48 before the listing, with no subsequent position adjustments and calculated at 1x leverage, the theoretical floating loss of the short positions is around $48,500, with a loss rate of approximately 6.4%. Note: According to Allium’s documentation, around 25% of Hyperliquid addresses in its overall address database can be attributed to specific countries; the actual coverage and confidence distribution of this CXMT sample have not been disclosed. Geographic labels are inferred from signals such as on-chain associations, fund sources, and active time zones, and do not equate to the holder’s actual nationality or real-time location. Open Interest (OI) also does not represent the number of traders.

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A new draft of the CLARITY Act has been officially released, with ethics clauses added for the first time.

The new draft of the CLARITY Act has been officially released. This draft merges the versions from the Senate Banking Committee and the Senate Agriculture Committee, and includes ethics provisions for the first time. The voting process is expected to start this Monday or Tuesday, with a formal vote possibly held as early as the week of August 3.

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