Odaily Planet Daily News According to Lookonchain monitoring, the GMX hacker chose to return the stolen $42 million in assets in order to obtain a $5 million white hat vulnerability reward. At present, $10.49 million in FRAX has been returned. Another $32 million in assets have been converted into 11,700 ETH, now worth $35 million, with a floating profit of about $3 million.

This morning, ETH briefly stood above $3,000 per coin, the first time since early February this year. What factors are affecting the ETH market? What do industry insiders say? Is Ethereum leading the altcoin season?

Moo Deng the hippo turned one, sparking a four-day festival at a Thai zoo and renewed interest in her memecoin. The MOODENG token surged over 17% on her birthday, driven by fan hype, whale activity, and Solana’s growing memecoin market.

Odaily Planet Daily News According to official news, Binance has launched PrompTale AI (TALE), and trading will start at 18:00 (UTC+8) on July 11, 2025. After the trading starts, users with at least 190 Alpha points can apply for 500 TALE tokens airdrop. First come, first served, until the airdrop pool is full or the event ends. Please note that claiming the airdrop will consume 15 Alpha points. Users must confirm the claim within 24 hours on the Alpha event page, otherwise it will be deemed to have given up the airdrop.

Binance Alpha has added TRON-based APENFT (NFT), marking the first TRON ecosystem project to enter the Alpha zone with USDT and USDC trading pairs.Binance Alpha Adds APENFT (NFT), Marking First TRON Ecosystem Listing on Alpha ZoneBinance Alpha has officially listed APENFT (NFT), a core project from the TRON ecosystem, making it the first TRON-based token to enter the Binance Alpha zone. Trading is now live for NFT/USDT and NFT/USDC pairs.

Florida’s Attorney General has launched an investigation into Robinhood Crypto for allegedly misleading users about being the cheapest platform to trade crypto. <p>The post Robinhood Faces Regulatory Heat as Florida Probes Crypto Trading Practices first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/07/11/is-robinhood-low-cost-claim-a-mirage/?utm_source=rss&utm_medium=rss&utm_campaign=is-robinhood-low-cost-claim-a-mirage

أظهر سعر البوليغون أداءً قويًا حيث ارتفع السعر الإجمالي بنسبة 9% في 10 يوليو، وارتفع أكثر من 7% خلال 24 ساعة كما هو مُلاحظ وقت نشر هذا التقرير. كشفت بيانات Onchain عن 100 مليون دولار من المدفوعات المصغرة في شهر يونيو. source: https://www.thecoinrepublic.com/ar/2025/07/11/%d8%a7%d9%84%d8%b9%d9%8f%d9%85%d9%84%d8%a7%d8%aa-%d8%a7%d9%84%d8%b1%d9%82%d9%85%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d9%8f%d8%b6%d9%84%d9%91%d8%b9%d8%a9-%d8%aa%d8%b1%d8%aa%d9%81%d8%b9-%d9%85%d8%b9-%d8%b8/

VanEck reports that executive pay at U.S. Bitcoin mining firms has nearly doubled, drawing shareholder scrutiny over weak alignment with long-term value creation.VanEck: Bitcoin Mining Executive Pay Doubles, Shareholders Push Back Over Dilution ConcernsA new report from asset manager VanEck highlights growing shareholder concerns over the rising compensation packages of U.S.-listed Bitcoin mining executives, citing weak links between pay and long-term value creation.According to VanEck’s research, executive compensation at major Bitcoin mining firms nearly doubled year-over-year — from an average of $6.6 million in 2023 to $14.4 million in 2024 — outpacing similar roles in the energy and tech sectors. The report reviewed eight U.S.-listed mining firms: Bit Digital, Cipher Mining, CleanSpark, Core Scientific, Hut 8, MARA Holdings, Riot Platforms, and TeraWulf.Equity Compensation and Shareholder DiscontentMuch of the increase is due to equity-based compensation, which made up 79% of total executive pay in 2023, rising to 89% in 2024. Notably, Riot Platforms CEO Fred Thiel received the largest award — $79.3 million in equity — significantly surpassing peers at MARA Holdings and Core Scientific.Despite the aggressive compensation, shareholder support remains muted, with average approval at just 64%, well below the 90% benchmark for S&P 500 and Russell 3000 companies.“Miner executive pay practices remain aggressive, equity-heavy, and often weakly aligned with shareholder outcomes,” wrote VanEck’s head of digital assets research Matthew Sigel and analyst Nathan Frankovitz.Pay vs. Performance GapsThe report also pointed to disparities in pay-for-performance alignment. While TeraWulf and Core Scientific awarded executive pay equivalent to just 2% of their market cap growth, Riot Platforms’ executive pay represented 73% of its market cap increase — amounting to $230 million in 2024 alone.This isn’t a new concern. In 2022, Riot shareholders rejected the firm’s say-on-pay proposal after disclosing nearly $22 million in CEO compensation. In 2025, three of the eight mining firms faced major shareholder rebukes during executive pay votes, VanEck noted.Positive Developments: Performance-Based VestingHowever, the report also acknowledged improvements. Six of the eight companies now use performance stock units (PSUs) with multi-year vesting, tied to metrics such as total shareholder return or share price targets. Annual say-on-pay votes are also increasingly being adopted to improve transparency and accountability.VanEck recommended further reforms, including:Linking bonuses to cost per coin minedIncorporating capital efficiency measures, such as return on invested capitalStrengthening performance criteria for equity awards with longer vesting periods“As Bitcoin miners mature into large-scale infrastructure operators, their executive compensation programs must evolve as well,” the researchers concluded.VanEck’s findings come amid broader scrutiny of miner financials, especially as profitability fluctuates post-halving and as institutional investors demand stronger governance across the digital asset industry.

GMX's hacker returns 5. 49 million FRAX after a $42 million exploit, impacting DeFi trust and market dynamics. source: https://coincu.com/348030-gmx-hacker-returns-5-million-frax

It took only one year for Hong Kong stocks to go from a "financial ruins" to a core hub for global capital investment in China.

Japanese real estate firm Gates Group has partnered with Oasys blockchain to tokenize $75 million worth of real estate assets in Tokyo. source: https://www.theblock.co/post/362155/gates-group-tokyo-real-estate-oasys?utm_source=rss&utm_medium=rss

Pump. fun has acquired wallet-tracking platform Kolscan ahead of its $PUMP token ICO, aiming to enhance its trading ecosystem and challenge LetsBonk <p>The post Pump. fun Acquires Kolscan to Strengthen Trading Tools Before $PUMP ICO first appeared on Ecoinimist. </p> source: https://ecoinimist.com/2025/07/11/pump-fun-buys-wallet-tracker-kolscan/?utm_source=rss&utm_medium=rss&utm_campaign=pump-fun-buys-wallet-tracker-kolscan

Bitcoin and Ether surged to fresh highs, triggering over $1 billion in crypto short liquidations. More than 232,000 traders were affected in the latest market shakeout.Crypto Market Liquidates $1B in Shorts as Bitcoin and Ether Hit New HighsA rapid surge in Bitcoin and Ether prices triggered over $1 billion in crypto short liquidations in the past 24 hours, marking one of the largest short squeezes of the year.According to CoinGlass, approximately 232,149 traders were liquidated, totaling $1.01 billion in forced closures across crypto markets. Bitcoin shorts accounted for the largest portion, with $570 million liquidated, followed by $206.9 million in Ether short positions.The shakeout followed Bitcoin’s second consecutive day of new all-time highs, climbing from $112,000 on Wednesday to $116,500 on Thursday. Ether also rallied sharply, reaching $2,990 — its strongest level in over four months.Market Cap Spikes, Analysts React to Short SqueezeThe total crypto market capitalization jumped 4.4% in 24 hours to $3.63 trillion, data from CoinMarketCap shows.Commenting on the market’s momentum, several crypto traders highlighted the intensity of the short squeeze:“Bears in disbelief,” said analyst Miles Deutscher on X.Trader Daan Crypto Trades labeled the event a “massive short squeeze on BTC & ETH.”Crypto observer Velo noted, “Lots of emails are being sent,” referencing the wave of forced liquidations.This liquidation event comes months after a larger shakeout on Feb. 3, when over $2.24 billion was liquidated amid macro concerns following a trade policy announcement by U.S. President Trump.Analysts Were Split Ahead of BreakoutEarlier this week, market sentiment was divided. On Tuesday, Bitfinex analysts pointed to a lack of follow-through strength as BTC hovered around $108,500. “Bulls are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” the analysts said.In contrast, Michael van de Poppe, founder of MN Trading Capital, had predicted on June 30 that an all-time high breakout was imminent, potentially within the week.Liquidation Risks Remain If BTC Pulls BackDespite the recent gains, some traders remain cautious. Roughly $2.11 billion in long positions are now at risk of liquidation if Bitcoin retraces to $112,000, highlighting the stakes involved if price momentum stalls.For now, the market appears to be in a momentum-driven rally, supported by capital inflows and derivative positioning. Whether the trend sustains or cools off will depend on broader risk sentiment and potential macroeconomic catalysts.

BTC, Wall Street recruits, where will Bitcoin end up? Golden Finance, stablecoin game and the new crypto-financial order under the linkage of coins and stocks.

Speaking at a CNBC interview, Ripple CEO Brad Garlinghouse speculated that the stablecoin market would explore to nearly tenfold within the next few years.

OpenAI is getting ready to launch its own AI-powered web browser, which could be released within weeks. The browser aims to let users complete tasks through a chat interface instead of clicking through websites, directly challenging Google Chrome.

Australia’s central bank is accelerating its digital finance strategy, announcing that Project Acacia—its flagship initiative focused on wholesale tokenized asset markets—is entering a new phase of real-world testing.

As the Trump administration shifts its strategy to fully embrace crypto assets, the size of crypto reserves of listed companies is about to exceed the $100 billion mark.

Florida is investigating Robinhood for allegedly misleading users about the true costs of crypto trading on its app. The state claims Robinhood promoted itself as cheap while hiding fees through its payment system.

On July 9, 2025, Snoop Dogg’s released 996,000 non-fungible tokens (NFTs) through the Ton blockchain, consisting of collectible that were iconically in Snoop's style.