Odaily reported, citing Iranian state television, that Iran said the Strait of Hormuz remains closed. The statement said the situation stems from what Iran described as a U.S. military violation of a memorandum of understanding. Iran also said the closure is intended to establish its sovereignty over the strait under the Islamabad memorandum of understanding. The report was attributed to Jinshi. No further details were provided in the brief.

Security firm Blockaid said Lumi Finance, a protocol on Arbitrum, appears to be under attack, with losses so far estimated at about $270,000. According to Blockaid, the issue stems from a side effect tied to token approvals during UserOp verification in Sodium smart accounts. The attacker was able to control the paymaster and spender, then obtain approval allowances from a large number of accounts before withdrawing funds. Blockaid added that the incident was still ongoing at the time of its update. The statement was posted on X and did not indicate that the attack had been contained.

NOXA, a meme token launch platform on Robinhood Chain, has posted protocol revenue above Pump.fun for five consecutive days, according to Dune data cited by Odaily. Total protocol fees have exceeded $13.44 million, with more than $11.6 million generated between July 8 and July 12 alone. The platform is tied to a single developer, Amun Phantom, a detail that has helped fuel the story around NOXA’s rise. Odaily said NOXA began promoting Robinhood Chain meme tokens before the chain’s July 1 launch, but the platform’s inflection point came on July 8 after Robinhood’s CEO wrote on X that while the chain was intended to be the best payment chain for RWA, it also fit meme assets. After that post, CASHCAT, a token launched through NOXA, climbed to a $230 million market cap within three days. The report also traced NOXA’s evolution from an early DEX into a launchpad that first supported monad, then expanded to chains including Plasma and MegaETH. NOXA later dropped its bonding curve design, sent tokens directly into Uniswap v3 pools, and removed its swap function. At the same time, the platform faces pressure: Odaily noted that NOXA’s website went down on July 12 because of a Cloudflare issue, leaving its position on Robinhood Chain open to competition.

Bitcoin’s current market structure looks very different from prior bear-market pullbacks, according to a series of on-chain reports cited by MarsBit. After falling 50% from its October 2025 all-time high of $126,000, BTC is trading near $63,000, and analysts are increasingly focused on one problem: capital efficiency has deteriorated sharply. CryptoQuant CEO Ki Young Ju said data from previous cycles show that far more money is now required to generate the same price gains. In his estimate, Bitcoin would need at least $1 trillion in fresh capital to stage another steep primary uptrend. Earlier cycles were far more responsive to inflows, with modest net additions producing outsized returns. At the same time, supply is tightening. K33 and Alphractal data show long-term holders now control a record share of circulating BTC, while coin movement from dormant wallets remains limited. That reduces tradable float and can amplify price swings, but several firms including Bitfinex, Wintermute, and Glassnode argue supply scarcity alone does not confirm a lasting reversal. Other signals are turning more constructive. CryptoQuant’s realized profit/loss ratio has fallen to a level last seen in deep bear-market conditions, while some analysts say support near $60,000 has held repeatedly. Even so, ETF outflows, weak institutional flow data, and a still-restrictive macro backdrop remain obstacles.

An article published in the theory section of Procuratorial Daily, the newspaper of China’s Supreme People’s Procuratorate, proposed a framework for prosecuting cryptocurrency money-laundering cases. The piece said courts could infer criminal intent when suspects used mixers or privacy coins and failed to provide reasonable counter-evidence. It also said verifiable on-chain records and reports from blockchain analytics firms should be accepted as evidence. The article also proposed setting up a national-level platform to custody and dispose of seized crypto assets through compliant channels such as targeted auctions. It was written by two grassroots prosecutors from Hunan province and a university law professor, according to the report, and does not carry legal force. The article said Chinese prosecutors had charged more than 3,000 people in cryptocurrency-related money-laundering cases starting in 2024. Decrypt, citing Chainalysis data, said Chinese-language laundering networks processed about $16 billion in 2025, accounting for roughly one-fifth of global crypto money-laundering volume at present.

BlockBeats reported on July 13 that Citi raised its price target on Western Digital (WDC.O) to $800 from $685. The brief did not include any additional details on the reason for the change, whether Citi also adjusted its rating, or the timeframe tied to the target. The update was published as a 7x24 flash item.

trade.xyz is set to launch contract trading tied to the China STAR 50 ETF, according to Hyperliquid News. The product references the Shanghai Stock Exchange STAR Market. BlockBeats reported the update on July 13, adding that the related ticker has already been acquired through an auction. No further launch details were disclosed in the brief. The announcement points to an upcoming listing rather than a product that is already live, with the ticker allocation completed ahead of launch.

PPP, a prediction-market monitoring tool, said a Polymarket account that has lost more than $7.4 million in total has taken a new position on France ahead of the 2026 World Cup semifinal against Spain. The account, mooseborzoi, identified by address 0x84cfffc3f16dcc353094de30d4a45226eccd2f63, bought $550,000 worth of “France to reach the final” shares at an average entry price of 59.9 cents, for a total of 925,017.8 shares. PPP also said the same user is holding a separate $744,000 position on France to win the World Cup, which is currently showing a floating profit of $200,000. The France-Spain match is scheduled to start at 3:00 a.m. Beijing time on July 15. The source note also referenced France’s World Cup titles in 1998 and 2018, Spain’s title in 2010, and said Spain has had the edge in recent meetings, including the 2024 European Championship and the 2025 Nations League.