News

Robinhood Cha
2026-07-12 12:23:07

Robinhood Chain gains traction as Base and Solana projects shift support

Robinhood Chain, which launched its mainnet on July 1, is quickly emerging as a new battleground for onchain liquidity and developer attention. Built as an Ethereum Layer 2 using Arbitrum Orbit, the network has been positioned by Robinhood around onchain finance, tokenized real-world assets such as stock tokens including NVDA and AAPL, DeFi, and AI-native applications. Momentum accelerated after Robinhood CEO Vlad Tenev mentioned meme token CASHCAT on July 8, a move that helped ignite speculative trading on the network. As of publication, Robinhood Chain had generated more than $877 million in DEX volume over the past 24 hours, ranking second among all chains, while its seven-day DEX volume surpassed $2.3 billion, trailing only BSC’s $4.65 billion and placing fifth overall. Capital has moved in quickly as well. Over the past week, the amount of ETH bridged from Ethereum mainnet to Robinhood Chain rose by about 10x, exceeding $100 million in size. At the same time, several established projects from the Base and Solana ecosystems have openly added support for the chain, including Bankr, Bags, pump.fun, and GMTrade. BlockBeats also said prediction market platform world has announced plans to migrate from Solana to Robinhood Chain shortly after launch.

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Robinhood Chain gains traction as Base and Solana projects shift support
Strait of Hor
2026-07-12 12:22:41

US military says Hormuz shipping remains open and Iran does not control the strait

The U.S. Central Command said in a social media post that the Strait of Hormuz remains open to all vessels seeking lawful passage through the international waterway. The statement said U.S. forces are deployed and ready to ensure freedom of navigation, despite what it described as unprovoked Iranian aggression, harassment, threats, and arbitrary claims. CENTCOM also said Iran does not control the strait and that traffic is continuing to move through the passage. The update was cited by Odaily, which referenced Jinshi.

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US military says Hormuz shipping remains open and Iran does not control the strait
Samsung Elect
2026-07-12 12:15:12

Samsung moves up start date for first Yongin chip fab to 2029

Samsung Electronics plans to bring forward the launch of the first wafer fabrication plant in its Yongin semiconductor cluster to 2029, at least one year earlier than previous expectations of 2030 or later. Site development is expected to begin in the second half of 2026. The accelerated timeline is part of a national strategy announced by the South Korean government in late June, with Samsung and SK Hynix set to invest more than KRW 800 trillion combined. The announcement did not directly mention crypto-related uses, but Crypto Briefing noted that Samsung has the capability to manufacture cryptocurrency ASIC chips. If that capacity is used, the new fab could help ease competition for chipmaking resources between AI workloads and crypto mining demand.

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Samsung moves up start date for first Yongin chip fab to 2029
Standard Char
2026-07-12 12:07:28

Standard Chartered’s Geoff Kendrick Says TradFi-to-DeFi Announcements Could Rise 10x to 20x

CoinMarketCap said in a post on X that Geoff Kendrick, Standard Chartered’s global head of digital assets research, expects a sharp increase in announcements tied to traditional financial institutions connecting to decentralized finance. According to the post, Kendrick said the number of such announcements could rise by 10x to 20x over the next three to 12 months. The ChainCatcher newsflash did not include additional details on which firms, products, or markets this outlook refers to. No further context was provided in the source text beyond CoinMarketCap’s attribution on X and Kendrick’s timeframe and estimate.

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Standard Chartered’s Geoff Kendrick Says TradFi-to-DeFi Announcements Could Rise 10x to 20x
BE Trust
2026-07-12 12:00:00

BE Trust pitches trust-based wealth management for digital assets as long-term holdings grow

A market analysis piece published by Foresight argues that digital assets are moving out of the pure trading phase and into long-term wealth management, driven by spot Bitcoin ETFs, public companies adding BTC to their balance sheets, and rising interest from family offices and high-net-worth investors. In that shift, the article says, the core infrastructure challenge is no longer just transaction speed or custody efficiency, but how to hold digital assets safely, govern them across jurisdictions, and pass them on lawfully. The article centers on Hong Kong TCSP-licensed trust institution BE Trust, which it describes as focusing on gaps that emerge once digital assets are treated as wealth rather than trading chips. Those gaps include secure holding, legal inheritance, trust governance, cross-border arrangements, and portfolio construction that spans both crypto and traditional finance. BE Trust CEO Jing Wei is quoted as saying the biggest future risk for digital assets is not price volatility, but wealth management systems failing to keep up with asset growth. The analysis also argues that private keys, MPC, multisig, and custody tools can reduce technical risk, but cannot on their own resolve questions of legal ownership, beneficiary rights, or succession. It links that problem to the role of trusts, RWA-based allocation, unified account structures, and structured strategies such as dual-currency, snowball, and shark-fin products. The piece concludes that the next phase of competition in digital assets will center on how assets are owned, protected, and transferred across generations.

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BE Trust pitches trust-based wealth management for digital assets as long-term holdings grow
Apple
2026-07-12 11:56:44

Apple secures Trump tariff exemption through U.S. chip production deals

Apple has won an exemption from the Trump administration’s 100% tariff on imported semiconductors after agreeing to expand chip production in the United States through partnerships with Intel and Broadcom, according to Techub, citing CryptoBriefing. The arrangement was negotiated by Apple CEO Tim Cook with President Donald Trump and Commerce Secretary Howard Lutnick. The report says the agreement forms part of Apple’s broader commitment to invest $600 billion in the U.S. over four years. As part of the plan, Apple also reached a domestic chip manufacturing deal with Broadcom worth more than $30 billion, with expected output of 15 billion chips. Intel’s production lines are expected to take another two to three years to come online. The full effect of the manufacturing push may not be visible until 2028 to 2029, based on the report.

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Apple secures Trump tariff exemption through U.S. chip production deals
CZ
2026-07-12 11:53:03

CZ and TCC jump after tokens are burned from CZ donation address

Tokens tied to CZ and TCC posted sharp intraday gains after a burn from the CZ donation address, according to Odaily, citing GMGN data. TCC rose more than 100% in a short period, bringing its market capitalization to $7.67 million. CZ climbed more than 250%, with market capitalization reaching $29.75 million. Earlier information cited in the report said the CZ donation address burned 700 million CZ tokens, equal to 70% of CZ supply held as chips, and 400 million TCC tokens, equal to 40% of TCC chips. The move was followed by a rapid price reaction in both tokens. No additional details on the burn process or trading duration were provided in the brief.

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CZ and TCC jump after tokens are burned from CZ donation address
Serenity
2026-07-12 11:51:39

Serenity says magnified tech details are becoming a new short-selling traffic play against Big Tech

Serenity said on July 12 that a new bearish playbook has been gaining traction around trillion-dollar technology companies such as Nvidia and Taiwan Semiconductor Manufacturing Co. The argument, according to the post, works by magnifying isolated issues in technology execution or supply-chain links, then extending those points into broader claims that whole projects will be delayed or that core businesses will suffer. Serenity said the tactic can put companies in a difficult position. If they stay silent, the claims may weigh on share prices and market sentiment. If they respond, they often cannot disclose much because supply-chain information is usually commercially sensitive, and public skepticism may still remain. The post added that, under current social-media dynamics and traffic-driven incentive structures, this model of creating controversy and amplifying partial problems to capture attention is being copied by more participants. Serenity said the longer-term trend deserves market caution.

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Serenity says magnified tech details are becoming a new short-selling traffic play against Big Tech