News

ETF
2026-07-13 05:19:05

CSOP 2x Long Hynix ETF Drops More Than 28% Intraday, Trades at HK$64.34

CSOP 2x Long Hynix ETF fell 28.03% during intraday trading and was quoted at HK$64.34, according to data from Gate. The flash update was published by Odaily, which did not provide additional details on trading volume, fund flows, or the reason for the move. With the source text limited to a brief market update, no further information on the scale or duration of the decline was disclosed.

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CSOP 2x Long Hynix ETF Drops More Than 28% Intraday, Trades at HK$64.34
Delphi Ventur
2026-07-13 05:18:00

Delphi Ventures says AI, multipolarity, and aging will shape the next decade

Delphi Ventures laid out a long-range investment view centered on three macro forces it expects to dominate the next 10 years: AI and automation, a more multipolar world, and demographic aging paired with longer lifespans. The firm argues these trends reinforce one another rather than move separately. Falling birth rates and aging populations raise the need for automation, while a less globalized and more contested world pushes countries toward self-sufficiency, domestic production, military rearmament, and energy security. That mix, in Delphi’s view, also deepens fiscal strain and raises the need for strong productivity gains. On AI, the report says the market still underestimates the depth of demand for intelligence. It points to rising model capability, growing compute, falling inference costs, and a coming “agent economy” that could reshape indexing, payments, commerce, and software infrastructure. It also argues AI will move beyond data centers into distributed, hybrid edge-cloud systems tied to the physical world. On geopolitics, Delphi sees the US stepping back from the order it once anchored, with broader implications for supply chains, commodities, defense, and hard money. On demographics, it highlights shrinking fertility, aging societies, and growing interest in longevity and AI-biology research. The report also makes clear that crypto remains central to Delphi’s thesis. It describes crypto as a parallel system for exchange, coordination, and wealth preservation in a world marked by debt, debasement, and political fragmentation.

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Delphi Ventures says AI, multipolarity, and aging will shape the next decade
Lee Jae-myung
2026-07-13 05:10:07

Lee Jae-myung says government will back chips, AI data centers and physical AI

South Korean President Lee Jae-myung said the government will be guided to support three priority areas: semiconductors, artificial intelligence data centers, and physical AI. The update was published by Odaily and attributed to Jin10. No further policy details, funding figures, or timeline were disclosed in the brief. The item was categorized under technology trends.

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Lee Jae-myung says government will back chips, AI data centers and physical AI
South Korea
2026-07-13 05:08:21

South Korean President Lee Jae-myung says government will create a Future Response Fund

South Korean President Lee Jae-myung said on July 13 that the country will set up a "Future Response Fund" and direct surplus tax revenue into future-focused investment projects, according to BlockBeats. He said government support will be channeled into three large-scale areas: semiconductors, AI data centers, and physical AI. The statement outlines where public backing is expected to be concentrated, with the fund positioned as a vehicle for allocating extra tax income to projects the government sees as effective future investments. No additional details on the fund’s size, timeline, or implementation were disclosed in the brief.

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South Korean President Lee Jae-myung says government will create a Future Response Fund
BlockBeats
2026-07-13 05:03:02

Southern 2x Long Hynix ETF Drops More Than 27% Intraday

The Southern 2x Long Hynix ETF fell 27.2% during intraday trading on July 13, according to Bitget market data cited by BlockBeats. The product was quoted at HK$65.06 at the time of the update. Based on the same data, the ETF was down more than 66% from its previous high. The report did not provide additional context for the move, and no other trading details were disclosed in the source brief.

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Southern 2x Long Hynix ETF Drops More Than 27% Intraday
TSMC
2026-07-13 05:00:59

TSMC’s pay premium reshapes career choices, housing and class in Taiwan, Korean report says

A field report by Korea Economic Daily on Taiwan argues that Taiwan Semiconductor Manufacturing Co. (TSMC) has grown beyond a chipmaker into a force reshaping income distribution, housing prices, family decisions and even university preferences. The report says TSMC’s market value stands at NT$63.53 trillion, or about 47% of Taiwan’s total stock market capitalization. It also cites average annual compensation for TSMC employees at NT$4.072 million last year, compared with NT$760,000 for Taiwan’s overall salaried workforce. Entry-level semiconductor engineers were described as earning NT$1 million to NT$2 million, above the NT$500,000 to NT$700,000 national average for university graduates. Korea Economic Daily links that pay gap to rising property prices around Hsinchu Science Park, where housing prices climbed 88.1% over the past five years. The story also describes the rise of new social labels such as “science-and-engineering men” and “Hsinchu tech moms,” as higher household income feeds spending on tutoring, premium consumption and overseas education. The shift is also reaching classrooms. According to the report, top students are increasingly asking about electrical engineering, electronics and semiconductor majors rather than medicine, as jobs at TSMC or MediaTek appear to offer faster income growth and asset accumulation.

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TSMC’s pay premium reshapes career choices, housing and class in Taiwan, Korean report says
Token Pocket
2026-07-13 05:00:30

Token Pocket executive says Robinhood founder wallet was frozen after seed phrase was exposed on livestream

Token Pocket Chief Business Officer Michael said on X that a Robinhood founder’s seed phrase was exposed during a livestream, allowing a hacker to take control of the wallet. Using that address and related wallets, the attacker heavily bought Meme token $1, drawing in thousands of followers and pushing its market cap from about $500,000 to $14 million in a short period. Michael said the token later fell sharply, while trading volume reached about $20 million in two hours. He added that after the address was frozen, the attacker moved to BNB Chain, launched a new token with the same wallet and related addresses, and used self-trading to create activity before selling into the market. According to Michael, Robinhood’s RPC has frozen the address, and nodes are no longer allowing transactions sent from it to be packaged, which means the wallet cannot transfer funds or trade.

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Token Pocket executive says Robinhood founder wallet was frozen after seed phrase was exposed on livestream
Citigroup
2026-07-13 05:00:28

Citigroup Raises Japan Equities Rating to Overweight

Citigroup has upgraded its rating on Japanese equities to overweight from underweight, according to a July 13 newsflash published by BlockBeats. The brief item did not include the reasons behind the change, any target levels, or additional details tied to the rating revision. No further information was provided in the original report beyond the adjustment itself and the date it was disclosed. The update was carried in BlockBeats' 7X24 H newsflash feed.

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Citigroup Raises Japan Equities Rating to Overweight