ZkSnarker

A CISO from a security company pointed out that the reason for the attack on GMX was due to its v1 real-time updating of global prices when processing short positions, making the GLP Token price susceptible to manipulation. The attacker exploited this flaw to re-enter and execute large short positions, driving up the price and profiting.

[Coin World] As the global real estate tokenization market is expected to reach $4 trillion by 2035, the issue of asset inheritance has become a key bottleneck in the industry's development. The current lack of standardized on-chain inheritance mechanisms may lead to the permanent loss of high-value tokenized assets due to lost secret keys or legal ambiguities. Experts recommend integrating technologies such as smart contracts, NFT Sharding, and biometrics to construct a decentralized data preservation protocol (DeDasP), achieving automated asset inheritance. This solution needs to address the security issues of intergenerational wealth transfer while maintaining the principle of decentralization.

The GLP pool of GMX V1 on Arbitrum was attacked, resulting in approximately $40 million worth of tokens being transferred. The team has suspended trading and GLP minting and redemption to prevent further losses. Currently, the attack does not affect GMX V2 and its tokens.

[Golden Finance] reported that Spot gold touched 3310 USD/oz, rising 0.25% during the day.

[Golden Finance] President Trump: The Federal Reserve's Interest Rate is at least 3 percentage points too high. "Mr. Too Late" (referring to Powell) costs the U.S. $360 billion a year in refinancing costs. There is no inflation now, companies are flocking to the U.S. Drop the interest rate!

[BitPush] Sandeep Nailwal, the CEO of the Polygon Foundation, announced the deployment of a new consensus layer named Heimdall 2.0 this Thursday. He stated that this upgrade would enhance the backbone of the Polygon attestation (PoS) Blockchain, reducing the finality of the Blockchain to about five seconds. However, the complexity is extremely high, making it possibly the most complicated Hard Fork the network has encountered so far. Therefore, Node operators need to prepare for the upgrade in advance.

[Bituo] The Nasdaq-listed Bitcoin mining company Bitdeer announced its unaudited mining and operational update report for June 2025, which disclosed a mining output of 203 BTC in June, an increase compared to the 196 BTC mined in May. By the end of June, the Bitcoin holdings reached 1502 coins.

[Coin World] News on July 9, the price of $BR coin has slumped by 50% in a short time. Data from the liquidity zone of a certain trading platform shows that 26 addresses withdrew liquidity worth 47.59 million USD within 100 seconds, coupled with 3 large dumps at the million-dollar level and 13 at the 500,000 USD level, leading to a sudden reduction in liquidity and an instant collapse in coin price. Before the big dump, BR liquidity once exceeded 60 million USD, and now only remains at 14.56 million USD.

On July 9, the largest DEX in the Aptos ecosystem, Hyperion, officially launched its Genesis Airdrop plan, distributing 5% of the total supply in the form of RION Tokens as rewards for users who made real contributions in the early days of the ecosystem, including Swap traders, Liquidity Providers, community task participants, and early Aptos airdrop users. This distribution will adopt a multi-phase model to ensure long-term alignment between incentives and contributions.
RION is the native functional Token of Hyperion, which will be used in the future to release trading incentives, ecological rewards, and governance rights, further enhancing user participation depth.
Hyperion indicates that this round of Airdrop marks the "Drips Genesis

[Coin World] On July 9, the latest brief from a certain English community showed that traders' sentiment in the crypto market is significantly polarized. After Trump's tariff announcement, some traders shifted to a bearish position, while others maintained a cautiously bullish attitude. The key support level in the market has been determined in the range of 105-100 and 107. Notably, despite the ongoing geopolitical tensions, the crypto assets market still shows relative resilience. At the same time, extreme risk-taking behavior has emerged within the community, with some traders adopting "suicidal" 500 times leverage positions and "100% signal" trading strategies. Professionals warn of the dangers of such high-risk operations. The market discussion focuses on Trump's trade policies and the development of the Truth Social crypto assets ETF, rather than traditional price analysis.

[Block Rhythm] On July 9, according to on-chain analysts, a Smart Money address that built a position in AAVE at the 2022 low and made a profit of $825,000 has built a position again after five months, acquiring 7,964 AAVE, worth $2.38 million. This address previously bought AAVE at a price of $152 in March 2022 and sold it for $275 in February 2025, achieving a return of 80.8%.

Recently, multiple contract attacks have utilized the EIP-7702 feature to bypass on-chain security checks, resulting in losses of nearly one million dollars. Attackers implemented the attacks through malicious delegator authorization, affecting well-known DeFi projects. Security agencies recommend that the project party strengthen protective measures to prevent potential risks.

[Coin World] On July 9, Coin World reported that arcade game giant Atari disclosed in its latest fiscal year earnings report that it plans to adjust its Web3 ecosystem project Atari X. This project initially aimed to promote the construction of a Web3 Blockchain ecosystem to connect games, utilities, and communities while exploring the issuance of Tokens. However, according to the latest data, the trading activity scale of Atari X is too small (only 100,000 euros in fiscal year 2024), so it will no longer be regarded as a separate business line and will instead continue to focus strategically on its core video game business. The report's data is as of March 31, 2025, indicating that the company's revenue reached 33.6 million euros, a year-on-year rise of 63%.

On July 9, the Swedish listed company H100 Group officially disclosed on social media that it has raised an additional 516 million Swedish Krona (approximately 54 million USD) through the execution of the sixth and seventh rounds of financing. The funds will be used for investment opportunities within the company's Bitcoin reserve strategic framework. These two rounds of financing were initially announced on June 16. As of now, H100 Group's total fundraising has increased to 921 million Swedish Krona (96 million USD).

[Golden Finance] According to monitoring, a dormant Whale/institution "awoke" today and transferred 9,000 BTC, valued at approximately $977 million. In the past 24 hours, this Whale has cumulatively transferred out 17,283 BTC, valued at approximately $1.88 billion.

On July 9, according to monitoring by 【区块律动】, a certain Whale/institution redeemed 59,916 ETH ( worth approximately 155 million USD ), and then transferred 25,000 ETH ( worth about 63.37 million USD ) to a certain trading platform within the last 6 days.

According to data tracking from the platform, in the past 7 days, the game virtual world MOBOX has had the highest number of new followers among X (Twitter) Top figures.
In addition, the projects that X Top figures unfollow the most also include Meteora.

The recent 4-hour Candlestick shows that it has risen and broken through the 16:00 high compared to 12:00 on the 8th, forming a Bullish line in a long positions market. The volume has decreased, momentum has weakened, and the MACD and KDJ indicate a short-term rise trend. The latest data predicts buy points, sell points, and support resistance levels.

[Coin World] On July 9th, according to data platform citing The Wall Street Journal, National Economic Council Director Hassett has become a strong contender for the next Chairman of The Federal Reserve (FED), having met with Trump in June.

[Coin World][SpaceX plans to launch an IPO with a valuation of $400 billion] According to informed sources, Elon Musk's Space Exploration Technologies Corp (SpaceX) is planning to achieve a valuation of approximately $400 billion through a new stock issuance and internal share transfer transactions. This valuation significantly premiums the $350 billion peak stock buyback value from last December, bringing this private company's market capitalization in line with top global listed companies such as Home Depot and Palantir.