Odaily News Nasdaq-listed Sonnet BioTherapeutics announced that it will merge with Rorschach I LLC to form Hyperliquid Strategies and launch a crypto treasury strategy. The new entity will be renamed Hyperliquid Strategies and is expected to hold 12.6 million HYPE tokens and $305 million in cash, with a total valuation of approximately $888 million. Rorschach I LLC was jointly established by Atlas Merchant Capital and Paradigm Operations and other sponsors. After the merger is completed, Hyperliquid Strategies will continue to be listed on Nasdaq and become a publicly traded company focused on crypto asset management, and the stock code will also be changed. The transaction was supported by institutions such as Paradigm, Galaxy Digital, Pantera Capital, D1 Capital, Republic Digital and 683 Capital. (The Block)

Odaily News Artificial intelligence laboratory Harmonic announced the completion of a $100 million Series B financing round, led by Kleiner Perkins, with participation from Paradigm, Ribbit Capital, Sequoia Capital, Index Ventures and Charlie Cheever, with a post-investment valuation of $900 million. Harmonic is currently building software verification and code verification capabilities based on mathematical super intelligence (MSI), which are mainly used in industries such as blockchain and financial services. The company raised $75 million in its Series A financing last September.

Odaily News Stablecoin startup Agora announced the completion of a $50 million Series A financing round led by Paradigm. (Fortune)

1. 特朗普宣布将对韩国、日本征收 25%的关税； 2. 美国财长贝森特：整体关税提高至 20%； 3. Strategy 拟发行 STRD 股票募资 42 亿美元； 4. Strategy 自今年四月以来首次暂停比特币购买； 5. 美 SEC 文件：截至 6 月 30 日 Strategy 数字资产价值为 643.6 亿美元； 6. Genius Group：计划 12-24 个月内实现 1 万枚 BTC 的购买计划； 7. 美国比特币 ETF 今日净流入 3199 枚 BTC，以太坊 ETF 净流入 24968 枚 ETH； 8. QCP：若 BTC 突破 11 万美元阻力位，可能引发新一轮买盘； 9. Greeks.live：比特币多头必须捍卫 10.5 万美元关键价格水平； 10. 高盛：美联储可能会提前降息； 11. 美 SEC 敦促发行人需在 7 月底前修订并重新提交现货 Solana ETF 申请； 12. Arkham：美国政府标记地址向 Coinbase 转入价值 10 美元 ETH，疑似测试交易； 13. Robinhood 代币化股票面临欧盟审查，立陶宛央行要求澄清说明产品结构； 14. 伯恩斯坦：虽 Robinhood 和 OpenAI 有争议，但代币化股票趋势已不可避免； 15. 欧盟已向 53 家加密企业发放 MiCA 牌照，Tether 与币安均未在列； 16. TON 基金会：阿联酋黄金签证计划暂未达成任何正式协议； 17. 字节跳动否认甲骨文等将收购 TikTok 美国业务； 18. TrumpMeme：TRUMP 代币即将上线 Tron 网络； 19. Etherscan 宣布推出 HyperEvmScan 区块浏览器； 20. Monad 生态 DEX 项目 Kuru Labs 完成 1150 万美元 A 轮融资，Paradigm 领投； 21. 疑似 Pump Fun 预告将发行原生代币 PUMP，Gate 页面短暂上线后被删除； 22. BONK 持有地址数即将突破 100 万，届时将销毁 1 万亿枚代币； 23. Letsbonk 创始人：今天会在私下里购买一些 Meme 币，会帮助稳固的社区； 24. 香港目标年内批出稳定币牌照，多股互动平台回应相关布局； 25. Robinhood 代币化股票面临欧盟审查，立陶宛央行要求澄清说明产品结构； 26. 特朗普媒体科技集团宣布流媒体服务 Truth+平台已上线。

Odaily News Kuru Labs announced the completion of a $11.5 million Series A financing round led by Paradigm. Kuru Labs is a startup building a decentralized exchange on a high-performance Monad Layer 1 compatible with Ethereum.

Odaily News According to crypto journalist Eleanor Terrett, the Republican Banking Committee will hold a full committee hearing on crypto market structure next week. The hearing will be held at 10:00 a.m. (EST) on Wednesday. Currently confirmed participants include: Brad Garlinghouse, CEO of Ripple; Kristin Smith, CEO, Blockchain Association; Jonathan Levin, CEO of Chainalysis; Dan Robinson, General Partner, Paradigm.

Odaily News According to monitoring by The Data Nerd, Paradigm Capital and other early ARB investors transferred a total of approximately 16.75 million ARB to Binance and Coinbase in the past 12 hours, worth approximately US$5.85 million.

Odaily News Arkham data showed that about 20 minutes ago, an address marked as suspected Paradigm Capital transferred 1.5 million VIRTUA to Binance, worth approximately US$2.42 million.

1. 特朗普鼓吹美军战果：对伊朗的袭击堪比广岛长崎核爆； 2. 美商务部长：鲍威尔无视关税收入，降息 1%能节省数千亿美元利息支出； 3. WLFI：代币转账功能即将开放，相关更新即将公布； 4. SharpLink Gaming 再购入 5989 枚 ETH，整体浮亏约 3,600 万美元； 5. 美联储主席鲍威尔：某个时候我们将会恢复降息； 6. GameStop 额外募资 4.5 亿美元拟用于增持比特币； 7. 拟将加密货币当作房贷抵押品，美住房监管主管要求“两房”做好准备； 8. 加密公司 Zama 完成 5,700 万美元 B 轮融资，Blockchange Ventures 和 Pantera Capital 领投； 9. Kalshi 拟以 10 亿美元估值融资 1 亿美元，Paradigm 参投； 10. 以太坊稳定币周活跃用户数突破 75 万，创历史新高； 11. 某鲸鱼将 274,788.6 枚 SOL 转入 Hyperliquid，创该平台迄今最大宗现货资产存款； 12. 美联储柯林斯：预计今年晚些时候降息是合适的； 13. ProCap BTC 再次增持 1,208 枚比特币，总持仓达 4,932 枚 BTC； 14. 特朗普家族已与 Hut 8 合作，后者将负责建设并运营其比特币挖矿业务； 15. Ethena Labs 与德国监管机构就 USDe 持有者的赎回计划达成一致； 16. Kraken 获爱尔兰央行颁发 MiCA 牌照，合规服务可覆盖全欧盟； 17. zkLend 宣布将关闭服务； 18. Movement 回购地址 9 小时内提取 8,300 万枚 MOVE，当前回购进度约 54%； 19. Ledger CEO：主张降低监管以确保加密创新持续进行； 20. 渣打：预计 3 年内稳定币发行商将成为仅次于美联储的美债第二大买家； 21. Swift 亚太区总裁：对稳定币持中立观察态度，需面对最后一公里问题； 22. Tether CEO：不追求短期利润，将押注 AI、去中心化基础设施等； 23. Tether CEO：公司 BTC 持有量已超 10 万枚，今年底力争成为全球最大比特币矿企。

Odaily News According to market news: Prediction market Kalshi plans to raise $100 million at a valuation of $1 billion, with Paradigm participating in the investment.