Blockchain investigator ZachXBT said a LAB-linked address that was originally funded by the LAB team deposited 18.4 million LAB to Aster over the past 48 hours and kept selling on decentralized exchanges. During that stretch, LAB fell from $1.2 to $0.55, a drop of about 54%. According to ZachXBT’s investigation, the entity received more than 196 million LAB from the LAB team in April 2026. The tokens were then moved in batches to Bitget-related deposit addresses. In mid-May, the funds were withdrawn from Bitget to 10 addresses, which then stayed dormant for an extended period before transfers to Aster resumed this week. ZachXBT said the entity still holds about 81.5 million LAB. He also repeated earlier concerns about the LAB team, including opaque private placements and over-the-counter deals, unilateral changes to vesting arrangements, and a highly concentrated token supply. He added that he was disappointed relevant trading platforms had not acted on what he described as suspected market manipulation.

Citrini analyst Jukan said on X on July 12 that Nvidia has decided, at least for now, not to adopt Taiwan Semiconductor Manufacturing Co.'s COUPE, or Compact Universal Photonic Engine, technology route. He attributed the move to slow progress in TSMC's silicon nitride, or SiN, development and weaker-than-expected work on a 2D grating coupler. According to Jukan, Nvidia's earlier "Plan A" had been built around TSMC's co-packaged optics platform based on COUPE. The latest "Plan B," he said, shifts to a silicon photonics platform from Tower Semiconductor. Jukan had also previously said that the release timing for Nvidia's next-generation Rubin architecture products could be pushed back again. The post did not include any additional timeline or product details beyond those points.

Robinhood’s tokenized stock product has surpassed 40,000 holders, with the user count rising by nearly 10x in a single week, according to Techub News, citing Cointelegraph. The product puts traditional stock assets on-chain and is described as part of the real-world asset, or RWA, segment. Robinhood is a U.S. fintech platform that offers stock and cryptocurrency trading. Its tokenized stock offering is positioned as an effort to bring traditional financial assets onto blockchain rails, with the stated aim of improving liquidity and access. The update points to fast recent growth in adoption of the product, though no further breakdown was provided in the source. The report frames the product as a notable case within the RWA category, where blockchain-based representations of off-chain assets are used to widen availability and trading efficiency.

Data from Token Terminal shows that the amount of ETH bridged from the Ethereum mainnet, or Layer 1, to Robinhood Chain, a Layer 2 network, rose by about 10x over the past week. The total bridged value has now exceeded $100 million. Robinhood Chain uses ETH as its native gas token, according to the report cited by ChainCatcher. That means activity on the network directly ties transaction demand to ETH rather than to a separate utility token. Token Terminal said that if adoption of Robinhood Chain keeps growing, the network could become an important new source of demand for ETH. The update focused on the recent rise in bridged assets and did not provide additional projections beyond that condition. The figures were attributed to Token Terminal in a ChainCatcher market analysis brief published on July 12, 2026.

A court in Sao Paulo, Brazil, has ordered Coinbase to return nearly $100,000 to a user who said funds deposited into Coinbase Wallet vanished through unauthorized transactions. In court, Coinbase argued that the wallet’s private keys were fully controlled by the user. The court said the company failed to prove that the disputed transfers were initiated by the wallet holder. It also found that Coinbase did not show what security measures were in place to prevent that outcome. Based on provisions under Brazil’s Consumer Protection Code, the court ordered Coinbase to repay the full amount, along with statutory interest. The ruling centers on whether the platform could substantiate its defense rather than on Coinbase’s general custody model for wallet keys. ChainCatcher reported the decision in a brief news update.

Circle said on July 10, 2026 that it had received final approval from the Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, formally named First National Digital Currency Bank, N.A. The approval gives a stablecoin issuer a direct foothold inside the U.S. federal banking oversight framework through a national trust bank structure rather than a commercial bank charter. According to Circle, the entity will initially focus on digital asset custody for Circle and its affiliates, with limited access for institutional clients considered later. Reserve management was described only as a planned future capability and is not live at this stage. That phased outcome differs from earlier market expectations that custody and reserve management might enter the federally regulated entity at the same time. The move raises the regulatory standing of USDC beyond the state money transmitter license model and New York BitLicense framework that previously underpinned the business. In the source article’s framing, this matters most for banks, brokerages, payment firms and asset managers that care less about the token’s technical design than about regulatory certainty and a clearly defined accountable entity. The article also argues that the approval shifts the competitive battleground in stablecoins. The focus is no longer just issuance volume or basic compliance. It is now moving toward control over issuance, custody, reserves and settlement rails under federal supervision.

Iran said it controls the Strait of Hormuz "with strength" and will protect it the same way, according to a statement posted on social media by Ebrahim Rezaei, spokesperson for the Iranian parliament’s National Security and Foreign Policy Committee. Rezaei made the remarks on July 12 local time. He also said Iran will continue to firmly safeguard its rights and security interests related to the Strait of Hormuz. The update was carried by Odaily, citing China Central Television News.

Global markets may look calm on the surface, but several fault lines are starting to widen at the same time, according to a report by Wallstreetcn cited by ChainCatcher. State Street Investment Management CEO Yie-Hsin Hung told the Financial Times that new Federal Reserve Chair Warsh has deliberately reduced forward guidance, making the policy path harder for investors to read and adding volatility and uncertainty to pricing across assets. At the same time, the yen has weakened past 162 against the U.S. dollar, returning focus to intervention risk, U.S. Treasury sales by Japan, and the possibility that crowded carry trades could unwind if the currency rebounds sharply. Equity volatility gauges are also sending mixed signals: the VIX remains subdued, yet UBS said its "Turbu-lens" market fragility indicator has climbed to 0.9, the highest level since mid-September 2025. That backdrop is colliding with a second-quarter earnings season that carries aggressive expectations, including 24% earnings growth for S&P 500 companies and 12% for the STOXX Europe 600. Barclays and UBS strategists said thin summer liquidity, widening gaps between index and single-stock volatility, and elevated expectations could leave markets vulnerable if policy signals, geopolitics or company results disappoint.