BarnBridge Smart Yield’s old governance proposals present token approval risks; Proposal 15 expected to be executed on July 16<odatim-translate-split>Odaily Odaily Planet Daily News: BarnBridge Smart Yield’s old governance proposals 14 and 15 present token approval risks. If maliciously executed or upgraded, they could jeopardize existing token approvals. Currently, there is no confirmed theft of funds. Users should promptly check and revoke related approvals on Ethereum. Proposal 14 is in an executable grace period, and Proposal 15 has been queued, with on-chain execution expected on July 16 at 09:23:58 UTC. Affected tokens include USDC, DAI, USDT, GUSD, and RAI. Users should use trusted approval management tools, do not click on links in replies or trust accounts claiming to be "support," do not send funds or sign transfers to any addresses, and only revoke approvals through trusted tools.
Odaily: U.S. President Trump stated that we will make a decision on Iran very soon, the Houthis' actions are very bad, and he has already spoken with the Saudi Crown Prince. (Jinshi)
Odaily News: CME Group CEO Terrence Duffy stated that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and that the related regulatory dispute could ultimately reach the U.S. Supreme Court.Speaking at the DC Fintech Week event on Tuesday, Duffy said the battle over prediction market regulation could evolve into a legal showdown among state governments, tribal governments, and the federal government. "This is going to the Supreme Court, and I think the states and the tribes will prevail," he said. (The Block)
Odaily reports: Trader Killa says that for Bitcoin (BTC) to replicate its 2023 price action, it needs to form a higher low (HL) above $75,500 and ideally hold the low near $80,000.After Bitcoin recently reclaimed its short-term structure around the $82,000 zone, it pulled back to test and broke through again, with short-term price action showing strong characteristics of "bull traps and bear traps." When BTC previously fell from $84,100 to $81,000, the structure appeared weak, but a large number of shorts entering at the lows fueled the subsequent rebound.Killa noted that during the drop from $84,100 to $81,000, long liquidations totaled approximately $300 million, while during the earlier decline from $86,800 to $80,600, long liquidations exceeded $2 billion, indicating that the market's leverage structure is improving and the proportion of longs has declined compared to before. The market now needs to form a higher low and initiate the next leg up; otherwise, this correction could break below $80,000.
Odaily reports that according to MSX.COM data, US mega-cap cloud providers including Microsoft and Google rallied collectively. Google-A shares rose 1.07% to $356.510 per share, with a total market capitalization of $4.36 trillion.Microsoft shares rose 1.6% to $549.795 per share, hitting another record high, with a total market capitalization of $4.08 trillion. Amazon shares rose 0.93% to $261.950 per share, with a total market capitalization of $2.83 trillion.
According to MSX.COM data, Apple's stock price rose 1.74% in early trading to $346.892 per share, with a total market cap of $5.06 trillion, setting a new all-time high.
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BTC breaks through 84,000 USDT, 24H gain 0.01%
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Korean stocks close down 5.4%, SK Hynix plunges 10%
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South Korea's KOSPI index extends decline to over 4%
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