Robinhood’s on-chain meme token TENDIES hits $17 million in market cap, surging 422% over the past 24 hours.

Ivan Branco, head of information management, AI and analytics at Volvo Group’s truck operations division, revealed that the company has been testing its own cryptocurrency on a closed blockchain network to streamline transactions and data exchanges with material and transport suppliers. The internal initiative aims to facilitate cross-border transactions by bypassing traditional currency systems, while preserving immutable records of orders and transport data. This trial is part of Volvo Group’s broader push to leverage blockchain for supply chain efficiency (the group oversees trucks, buses and construction machinery), though the project remains in the conceptual stage and has not yet entered industrial deployment.

Samsung Electronics has installed two High NA EUV lithography systems for its foundry business, but is taking a cautious approach to delaying their deployment to mass production lines. The core reason is that the foundry division is currently seen as one of the candidates to return to profitability as early as the fourth quarter of this year. After years of losses, rushing to fully deploy such expensive equipment would significantly increase fixed costs including depreciation and operating expenses. In other words, the profitability inflection point is imminent, and accelerating capital expenditure would instead delay this milestone. Meanwhile, Samsung’s 2-nanometer process yield is reported to have reached around 55%, close to the roughly 60% threshold widely considered by the industry to be sufficient for stable mass production. Thus, the issue is not that process maturity is insufficient to support High NA EUV. South Korean media reports that Samsung is maintaining a conservative capital allocation strategy, minimizing equipment spending until its foundry business has a clearer path to sustainable profitability. This strategy reflects Samsung’s pragmatic trade-off in the advanced process race: its technological and equipment capabilities are already in place, but financial discipline takes precedence over rushing to catch up.

The world’s largest stablecoin issuer Tether has invested $20 million in Argentine digital bank Ualá, which counts over 11 million customers across Argentina, Mexico, and Colombia, offering services including accounts, cards, loans, and investments. The investment forms part of Ualá’s $197 million funding round announced in March this year, led by Allianz X, Allianz’s venture arm, with a post-money valuation of $3.2 billion. At this valuation, Tether holds an approximately 0.6% stake. Ualá CEO Pierpaolo Barbieri stated that current regulations in Argentina and Mexico have hindered recent plans to integrate USDT, and Tether is participating in the round solely as a financial investor. Tether has been ramping up its footprint in South America recently: in April, it led a $14 million funding round for Argentine payment wallet Belo; it holds around 70% of shares in Adecoagro, an agricultural and energy producer operating in Argentina, Brazil, and Uruguay; and earlier this month, it put $20 million into Brazilian crypto exchange Mercado Bitcoin. Tether uses excess capital from returns on USDT reserve assets for these investments. Currently, USDT has a circulating supply of $184 billion, with a net profit of $1.04 billion in the first quarter of this year.

Binance founder CZ shared a graphic post, announcing that his book *Binance Life* has ranked first in the "Science & Humanities" category of the Hong Kong Commercial Press bestseller list for June 2026.

Swedish listed company Bitcoin Treasury Capital has been approved to list Sweden’s first bitcoin-backed preferred share product, BTC PREF, on Sweden’s Spotlight Stock Market starting July 20, offering a 10% annual dividend.

According to GMGN market data, meme coin ANSEM has seen a short-term decline of around 20%, with its market cap dipping to $150 million and currently trading at $163 million. Its 24-hour drop stands at 33%, while 24-hour trading volume is $33.4 million. BlockBeats Note: Meme coins are highly volatile, largely driven by market sentiment and concept hype, with no actual intrinsic value or practical use cases. Investors are advised to take note of the associated risks.