Crypto markets opened the July 13 cycle with mixed performance across the most-traded tokens on centralized exchanges, while geopolitics and U.S. policy developments drove much of the broader headline flow. Among the top 10 CEX tokens by trading volume, BNB, BTC, ETH, SOL and XRP posted losses over the past 24 hours, while WLD, ZEC and TRX moved higher. LAT led OKX’s 24-hour gainers with a 58.58% jump, followed by AGLD and T. On-chain meme activity tracked by GMGN featured Harris, Boycoin, fubu, HYPNO and SUNNYS. Outside the market screens, Iran’s Strait management authority said the Strait of Hormuz is currently not passable and that permit reviews will resume after conditions stabilize, according to Xinhua. That statement came alongside comments from Iran’s top leader Mojtaba Khamenei, who said Iran would retaliate against the U.S. and Israel, while U.S. Central Command said shipping through the waterway remains open and that Iran does not control the strait. In crypto-specific developments, a U.S. housing bill containing a ban on a Federal Reserve central bank digital currency has taken effect after Donald Trump neither signed nor vetoed it within 10 days. Robinhood Chain reported more than $1 billion in DEX volume in its first week, and ZachXBT alleged market manipulation involving LAB-linked addresses.

Uniswap founder Hayden said on X that many users appear to have missed that protocol fees on Uniswap have already been turned on and are being used to burn UNI. He wrote that he continues to receive replies from people who still believe the fee switch has not been activated. Alongside that clarification, Hayden pointed to three governance proposals currently being voted on by the community. The items cover fees on Robinhood Chain for v2 and v3, fees for v4, and cleanup of fee bridging on xlayer, ava, megaeth, and sonium. The post focused on correcting what he described as a common misunderstanding around the current status of Uniswap’s protocol fee mechanism.

Uniswap founder Hayden said in a post on X that many users appear to have missed a key change: protocol fees on Uniswap have already been switched on, and UNI is being burned. He added that he continues to receive replies from people who still believe the fee switch has not been activated. Hayden also pointed to three governance proposals that are currently being voted on by the community. The proposals cover fees for Robinhood Chain on Uniswap v2 and v3, fees for Uniswap v4, and fee bridge cleanup related to xlayer, ava, megaeth, and sonium. The update centers on the current status of fee activation and ongoing governance decisions rather than any newly announced roadmap. No further details on vote timing or proposal outcomes were provided in the post cited by Odaily.

Iran has launched an attack on a U.S. missile launch base in Kuwait, according to Iran’s Mehr News Agency, as cited by BlockBeats on July 12. The report said facilities tied to the ATACMS missile system inside a U.S. military base in Kuwait were hit, with smoke seen rising from the scene. The development was accompanied by public remarks from regional leaders. Iran’s president said the country is engaged in a “complex economic war” and that getting through this stage will require active participation from citizens. Separately, Israeli Prime Minister Benjamin Netanyahu said Donald Trump wants to reach an agreement with Iran, particularly on the nuclear issue, but would not hesitate to use force if Iran fails to honor its commitments. The brief did not provide further operational details, casualty figures, or an official U.S. response.

Uniswap is generating about $5.2 million in fee revenue per day, according to a post on X by founder Hayden Adams. He said the protocol ranks near the top among crypto protocols on that metric, trailing only stablecoin issuance-related protocols tied to assets such as USDC and USDT. Measured by daily fee revenue, Uniswap has already moved ahead of most major DeFi protocols and on-chain applications. The comment highlights Uniswap’s current revenue scale rather than offering a broader market forecast. The figures and ranking cited in the post point to Uniswap’s standing within crypto’s fee-generating protocols, with stablecoin issuers remaining above it and most other DeFi and on-chain products falling behind on a daily basis.

According to foreign media cited by Odaily, Donald Trump said in an interview that Iran had agreed the previous day to what he described as a “perfect deal.” He said the arrangement meant “no nuclear weapons” and that Iran had dropped all of its conditions. Trump also claimed the situation changed almost immediately after the talks ended. In his account, the other side left the room and, less than an hour later, used drones to attack a ship. The remarks were made as Trump was discussing the Iran issue during the interview. No additional details about the proposed agreement or the vessel involved were provided in the source brief.

Decrypt published a detailed walkthrough showing how sellers can build short product ads for TikTok and YouTube with AI tools that are free or close to free. The workflow starts with a clean product image, moves through ChatGPT for product-consistent model shots and a 10-second script in JSON, then uses Google Flow with Gemini Omni to generate talking video clips, and ends with CapCut for trimming and subtitles. The article also breaks down pricing: Google Flow gives non-subscribers 50 free daily credits for Veo 3.1, while Omni requires a paid Google AI plan, though Google also offers Omni at no cost inside YouTube Shorts and YouTube Create for users 18 and older. Decrypt included platform rules as well. TikTok and YouTube both allow AI-generated promotional videos, but they require labels for realistic AI media and separate disclosure for commercial relationships. The piece closes with a reminder that cheap tools do not mean easy sales, citing Third Eye Insights president Camille Moore, who said that more than half of the 803,500 TikTok Shop stores operating in the U.S. last year recorded zero sales.

ChainFeeds’ July 12 VC roundup highlighted Robinhood Chain’s mainnet launch, Zapper’s planned shutdown, new research on quantum threats to Web3, and a busy week for private fundraising. Robinhood Chain drew sharply different reactions from investors. Syncracy Capital’s Ryan Watkins said he sees little reason for users to replay the same zero-sum trading activity on a 2/3 multisig L2 built around forked protocols, adding that Robinhood could have done more than try to revive a 2024-style trend. He did, however, praise Robinhood’s integration of Morpho and Ethena into the app’s Earn feature. Pantera Capital’s Mason Nystrom said the chain’s sequencer has already reached a revenue run rate of more than $10 million on an annualized basis, assuming recent trading volume holds, and argued that Robinhood’s distribution should not be underestimated. Pantera’s Danning focused on product design, saying the chain offers a smooth way for users to move capital between onchain markets and stocks. The roundup also noted that DeFi portfolio platform Zapper will shut down zapper.xyz, its mobile app, and API services on Aug. 3. Separately, ChainFeeds listed IOSG Ventures’ work on quantum risk, a Variant Fund piece on where new crypto inflows are going during the AI boom, and a Glassnode report saying crypto market bottoming is still incomplete.