Hyperliquid responds to Hynix contract pinning incident: The Trade.xyz team is investigating and will issue an announcement once a conclusion is reached.

According to monitoring by OnchainLens, Cumberland has deposited assets worth approximately $6.65 million into trading platforms. The holdings include 108,090 HYPE tokens valued at around $5.95 million transferred to Bybit, and 700,000 USDT transferred to Binance.

According to PeckShield monitoring, the address marked as the attacker of Across Protocol has returned 331.8 ETH, valued at approximately $623,900, to the multi-signature address of the Across Protocol Hub Pool Owner. Earlier, Across Protocol suffered an attack on Solana, resulting in the theft of around $3.6 million worth of crypto assets.

South Korea’s largest cryptocurrency exchange Upbit has designated STORJ as a trading warning project and suspended deposits for the token. According to HTX market data, STORJ’s price has seen a continuous gradual decline following its bankruptcy announcement. Its parent company, Storj Labs, announced it has voluntarily filed for Chapter 11 bankruptcy reorganization under U.S. bankruptcy code to resolve historical debts and continue operations.

Citrini analyst Jukan, citing TrendForce’s latest industry survey, noted that the three leading MLCC (multi-layer ceramic capacitor) manufacturers in South Korea and Japan posted their highest monthly shipments in five years in June: Murata hit 140 billion units, Samsung Electro-Mechanics 98 billion units, and Taiyo Yuden 40 billion units. The growth was mainly driven by strong AI demand, a trend that has continued into July. Cloud service providers’ procurement momentum for self-developed ASICs (such as Google TPU and AWS Trainium) remains robust, boosting demand for high-capacitance, low-voltage, small-sized MLCCs. However, AI-grade production capacity is diverting supply from consumer applications: South Korean and Japanese manufacturers are rapidly shifting their consumer-grade X5R MLCC production capacity to higher-spec X6S/X7R products for AI use, putting pressure on medium-to-high capacitance consumer MLCC (1μF to 22μF) capacity, with inventories of key products generally falling to 30 days or less. Jukan pointed out that supply tightness has triggered a knock-on effect, leading to a surge in distributors’ emergency orders. Order spillover has benefited Taiwanese and Chinese mainland suppliers, driving channel prices sharply higher: Distributors that stocked up in advance raised prices by an average of 20% to 25%, while spot market prices rose to two to three times their original levels. The market shows a structural divergence of “weak end demand but firm channel prices”: On one hand, consumer electronics remain sluggish due to factors like renewed inflation concerns from US-Iran geopolitical tensions and Apple’s recent price hikes for MacBook and iPad; on the other hand, AI bottlenecks are spreading from GPUs and memory to the smallest on-board components, with production capacity reallocation and channel scarcity being the main drivers of current price strength.

According to market data from BIT (bit.com), US pre-market optical communication concept stocks extended their losing streak, with declines as follows: Marvell Technology (MRVL) fell 2.85%; Applied Optoelectronics (AAOI) dropped 3.11%; Lumentum Holdings (LITE) decreased 2.24%; Coherent Corp (COHR) fell 3.31%; and Ciena Corporation (CIEN) dropped 2.7%.

E-commerce working capital RWA platform Dow Protocol announced the completion of a $9 million seed round, with participation from MH Ventures, OKX Ventures, Animoca Brands, Arcane Group, Essentia Partners, and Quartet Group. Dow Protocol serves merchants of leading global e-commerce platforms, providing working capital advances based on their sales receivables and real operational data. Its underlying asset service system is embedded in mainstream e-commerce platforms, enabling direct access to merchants' raw operational data for credit assessment and risk control. Meanwhile, via partnerships with these platforms, repayments are deducted directly from the platform side, bypassing merchant accounts, which fundamentally mitigates repayment risks and establishes an industry-leading collection mechanism. On the capital side, Dow Protocol leverages the instant settlement capabilities of stablecoins, cutting the lengthy disbursement process of traditional lending to as fast as same-day arrival. For the cash-flow-sensitive working capital market, disbursement speed is a value in itself, so market participants are willing to pay a premium for this efficiency. Additionally, Dow Protocol advances new on-chain native logic for working capital advances, enabling high-granularity, programmable execution of advance terms, and reengineering the underlying operational logic of supply chain finance. Dow Protocol positions itself as a general-purpose pan-e-commerce PayFi RWA advance protocol, with a framework scalable to supply chain finance advance needs across multiple sectors including e-commerce, catering, payments, gaming, and AI computing power.