Odaily’s latest morning brief brings together a series of crypto and macro-related updates. Serenity, known in Chinese crypto circles as the “white-haired stock god,” responded to criticism by saying that the market is the final judge of right and wrong, not angry comments on social media platforms. In another trading-related item, the well-known MEV bot Jaredfromsubway.eth was hit by a reverse attack and suffered losses of more than $7.5 million.
MEV, Security Updates and On-Chain Settlement
Security and infrastructure were also part of the brief. Axelar responded to a security incident by stating that Axelar and IBC were not affected, and that the vulnerability came from an “infinite minting” issue in a third-party token contract. Hyperliquid said that all USDH-denominated markets on HyperCore had completed settlement, giving a specific update on the status of those markets.
The brief also included a review of the timeline around STRC falling below $100. According to the item, Strategy’s Bitcoin capital model is undergoing a pressure test. This update connects the STRC price level with Strategy’s Bitcoin-related capital model, making it one of the brief’s more focused items on asset pricing and corporate crypto strategy.
Stablecoins, Tokenized Stocks and Major Asset Views
A Tether co-founder said stablecoins will enter a 2.0 era and that users should share in reserve income in the future. Galaxy’s head of research discussed tokenized stocks, saying they mainly fall into two categories: issuer-supported and third-party-supported. The author of Rich Dad Poor Dad also referred to upside opportunities for gold, BTC and ETH, placing the two major crypto assets alongside gold in the same comment.
Outside the crypto sector, the brief cited preliminary export data for South Korea’s memory chips in the first 20 days of June, with SSD exports rising 405% year over year. It also cited U.S. media reporting that the Iran war is draining Pentagon funds and could push defense spending to $80 billion. These macro and technology-sector items were included alongside the digital asset updates in Odaily’s morning roundup.