Odaily’s morning brief collected ten developments spanning crypto market commentary, on-chain security, stablecoins, tokenized assets and macro-related headlines. “White-haired stock god” Serenity responded to criticism by saying that the market is the final judge of right and wrong, not angry comments on social media platforms. In a separate security-related update, the well-known MEV bot Jaredfromsubway.eth was hit by a reverse attack and suffered losses of more than $7.5 million.
Stablecoins, tokenized stocks and on-chain market updates
A Tether co-founder said stablecoins will enter a 2.0 era, adding that users should share in reserve yields in the future. Galaxy’s head of research discussed tokenized stocks and said they mainly fall into two categories: issuer-backed and third-party-backed structures.
Hyperliquid said all USDH-denominated markets on HyperCore have completed settlement. Another item reviewed the timeline of STRC falling below $100, with the update describing the event as a stress test for Strategy’s Bitcoin capital model.
Security responses, asset views and macro headlines
Axelar responded to a security incident by saying that Axelar and IBC were not affected. According to its response, the vulnerability came from an “infinite minting” issue in a third-party token contract. Separately, the author of Rich Dad Poor Dad said gold, BTC and ETH may face an opportunity to rise.
Outside crypto-native developments, preliminary data for South Korea’s storage-chip exports in the first 20 days of June showed a sharp year-on-year increase, with SSD exports rising 405% year over year. U.S. media also reported that the Iran war is draining Pentagon funds and could push defense spending to $80 billion.