News

SK Hynix
2026-07-13 01:33:43

SK Hynix shares in Seoul drop as investors take profit after Nasdaq debut

SK Hynix shares fell as much as 8.2% in early trading in Seoul on Monday, after investors moved to lock in gains following the company’s Nasdaq debut. The stock had surged 12.8% on its first trading day in the U.S. on Friday. Ryu Young-ho, a senior analyst at NH Investment & Securities, said the pullback came after the U.S. listing was completed and as sentiment weakened on a more cautious view of the company’s second-quarter results. He said investors had expected HBM4 chip shipments to increase from the second quarter, but that growth does not appear to have materialized on a large scale. Ryu also said earnings expectations have been revised lower. Compared with rival Samsung Electronics, SK Hynix has greater exposure to the HBM market, which he said may leave it less able to benefit from the recent rise in DRAM chip prices.

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SK Hynix shares in Seoul drop as investors take profit after Nasdaq debut
Circle
2026-07-13 01:31:58

Circle wins OCC approval as Clarity Act draft may surface next week

TechFlow’s July 13 roundup tracked a busy stretch across crypto regulation, capital markets, and infrastructure. Circle said it received final approval from the U.S. Office of the Comptroller of the Currency to establish Circle National Trust, a national trust bank that will initially provide digital asset custody for Circle and its affiliates. The move would bring USDC custody infrastructure deeper into the U.S. federal regulatory framework and could later support reserve management. On Capitol Hill, CoinDesk reported that the latest merged draft of the Digital Asset Market Clarity Act, or Clarity Act, could be released as early as next week, with the Senate expected to take it up during the week of July 20. The bill has gained more than 70 pages and stronger consumer protections, but disagreements remain over ethics restrictions for senior government officials, federal preemption, and pending SEC and CFTC commissioner nominations. Elsewhere, Bloomberg reported that SK Hynix raised $26.5 billion through an American depositary receipt offering, setting a record for a foreign company’s U.S. IPO. Other developments in the roundup included OpenAI’s public rollout of GPT-5.6 models, strong first-week activity on Robinhood Chain, Polymarket’s application for a U.S. futures license, Bitmine’s latest ETH purchase, and a reported equity deal for Manus at a $2 billion valuation.

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Circle wins OCC approval as Clarity Act draft may surface next week
ARB
2026-07-13 01:31:58

ARB, DBR, YZY and other tokens set for major unlocks this week

A batch of token unlocks is scheduled for July 13-17, according to TechFlowPost. The list includes VRTX, XCN, CONX, STRK, SEI, ARB, DBR, YZY, ZK and SOLV. Among them, CONX has the largest unlock by value at about $28.67 million on July 14. DBR is set for an unlock worth about $10.13 million on July 16, equal to 11.43% of its circulating supply, while SOLV will unlock about $1.10 million on July 17, or 9.24% of circulation. ARB is scheduled to unlock about $8.53 million on July 16, and YZY will release about $6.13 million on July 17. STRK, SEI, ZK, XCN and VRTX are also on the calendar, with unlock ratios ranging from 0.14% to 3.74% for those tokens listed. The schedule covers several consecutive days and highlights a concentrated week for token supply releases.

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ARB, DBR, YZY and other tokens set for major unlocks this week
South Korea e
2026-07-13 01:30:20

KOSPI extends decline to 4% as SK Hynix drops 8.3%

South Korea’s KOSPI index extended its losses to 4% on July 13, according to market data cited by Bitget. The benchmark also fell below the 7,200 level. Among major stocks mentioned in the update, SK Hynix was down 8.3%, while Samsung Electronics fell 4.2%. The move was reported by BlockBeats in a brief market update.

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KOSPI extends decline to 4% as SK Hynix drops 8.3%
South Korea e
2026-07-13 01:28:37

KOSPI falls below 7,200 as SK Hynix drops 8.3%

South Korea’s KOSPI index fell 4% and dropped below the 7,200 mark, according to Gate data cited by Odaily. Among major stocks mentioned in the update, SK Hynix declined 8.3%, while Samsung Electronics fell 4.2%. The item was published as a 7x24 newsflash by Odaily. No additional market context or cause was provided in the source text.

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KOSPI falls below 7,200 as SK Hynix drops 8.3%
Bitcoin miner
2026-07-13 01:28:28

Bitcoin Miners Shift to AI Data Centers as Sector Grows 187% in a Year

Bitcoin mining companies are increasingly moving into AI data center hosting as AI infrastructure firms recorded 187% growth over the past 12 months, according to Techub, citing CryptoBriefing. The report says miners are pursuing AI workloads as a business line with longer-duration revenue than the cyclical earnings profile tied to Bitcoin mining. One of the examples mentioned is TeraWulf, which signed a $19 billion contract with Anthropic. The report also says shares of several mining companies have gained more than 200%. At the same time, hyperscalers are expected to invest about $700 billion in AI infrastructure by 2026, pointing to the scale of demand behind the shift. Still, the transition is not without risk. While AI data center contracts can offer a more stable income stream than Bitcoin mining, facility upgrades carry execution risk. The report frames that trade-off as a central factor for miners trying to reposition their infrastructure for AI-related hosting.

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Bitcoin Miners Shift to AI Data Centers as Sector Grows 187% in a Year
BlackRock
2026-07-13 01:26:48

BlackRock’s on-chain tokenized assets reach about $2.93 billion

BlackRock’s on-chain tokenized asset holdings have reached about $2.93 billion, according to ChainCatcher. Ethereum accounts for the largest share, with roughly $1.1 billion in on-chain asset value. Avalanche, Solana, and BNB Chain rank behind Ethereum in the current distribution. The update points to Ethereum’s leading position within BlackRock’s tokenized asset footprint, while Avalanche, Solana, and BNB Chain make up the next largest networks mentioned in the report.

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BlackRock’s on-chain tokenized assets reach about $2.93 billion
SEC
2026-07-13 01:23:47

SEC Adds Three Crypto Rule Tracks to 2026 Agenda, Putting U.S. Issuance, Custody and Trading Framework in Focus

The U.S. Securities and Exchange Commission updated its 2026 regulatory agenda on July 7 and placed at least three crypto-related rulemakings on the list: Crypto Assets, amendments to broker-dealer financial responsibility and recordkeeping rules for crypto assets, and Crypto Market Structure Amendments. Taken together, the agenda covers issuance and sales exemptions, custody, and market structure rather than a single isolated policy move. The proposal drawing the most attention is the Crypto Assets track. According to the source article, it would offer temporary relief for early-stage teams valued below $5 million and operating for less than four years, allow founders to raise as much as $75 million through certain crypto investment contracts, and set an off-ramp under which a token would no longer be treated as a security once the issuer has completed promised development and governance work and no longer exercises substantive managerial control. The article links the timing to two separate deadlines: the Senate path for the Clarity Act and SEC Commissioner Hester Peirce’s planned departure in November. It also argues that Chair Paul Atkins is trying to move crypto policy from staff statements and case-by-case enforcement toward rules formalized in the Federal Register, while tying the crypto agenda to a broader push to revive U.S. public markets and widen retail access to parts of the private market.

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SEC Adds Three Crypto Rule Tracks to 2026 Agenda, Putting U.S. Issuance, Custody and Trading Framework in Focus