Following an aggressive expansion, SpaceX is reported to have restructured the leadership of its data center.

Due to renewed attacks on refineries amid the Middle East conflict and the Ukraine war, diesel supplies have tightened further, pushing prices to their highest level in over four months, stoking inflation concerns and exerting broader upward pressure on essential goods prices. ICE diesel futures rose as much as 4.2%, hitting their highest since April 9. The crack spread (the gap between diesel and Brent crude oil prices) remains elevated, having hit an all-time high last month. European diesel prices have also continued to climb, widening the gap with Asian diesel prices. Diesel prices have surged more than 50% since their June 18 low, outpacing the increase in crude oil prices over the same period. (Jin10)

According to Axios, citing three U.S. officials, the Trump administration is weighing approval of a military plan put forward by U.S. Central Command to conduct "periodic limited strikes" against Iran’s radar, air defense systems, and anti-ship missile positions near the Strait of Hormuz, aimed at blocking Iran from rebuilding its military capability to attack merchant vessels. The operation is internally dubbed "mow the lawn" by the U.S. military, with its core approach being to weaken Iran’s military facilities via sustained, limited military actions rather than launching a full-scale war. Trump has not formally approved the plan yet, but the White House’s stance on the proposal could shift in the wake of Iran’s recent missile attack on a U.S. military base in Jordan. U.S. officials stated that Iran is seeking to restore its radar, air defense, and anti-ship missile capabilities, and the U.S. military deems regular strikes necessary to maintain shipping security in the Strait of Hormuz. The U.S. military has previously struck Iranian military targets near the strait and carried out mine clearance and escort operations. If the plan is greenlit, it would signal a potential shift in U.S. military actions against Iran from phased strikes to continuous, low-intensity military suppression, which could further escalate U.S.-Iran tensions and raise shipping risks in the Strait of Hormuz.

SpaceX’s share price has rebounded back to its IPO price of $135. Earlier, the market had feared a mass sell-off by employees and early investors once the lock-up period expired, but no large-scale dumping materialized, and the stock instead climbed higher. SpaceX’s early post-IPO rally was partly fueled by its "scarcity value", but as more shares become available over time, the market’s focus has shifted from "whether the stock is scarce" to "who will keep absorbing the supply". The first major lock-up release unlocked roughly 912 million shares, and an additional ~3 billion shares are expected to become tradable by the end of this year. Meanwhile, Wall Street is accelerating the integration of SpaceX into institutional investment frameworks. Multiple banks have released price targets after the quiet period, with a median of ~$225, ranging from $190 to $800: Goldman Sachs at ~$205, JPMorgan at ~$225, and Morgan Stanley at ~$300. As analyst coverage, valuation models, liquidity, and potential index inclusion gradually mature, SpaceX is evolving from a "scarce asset" to a standard security that institutional investors must compare with holdings like Nvidia, Microsoft, Amazon, and Google during portfolio allocation. However, SpaceX’s current valuation already factors in expectations of rapid future growth for its core businesses: Starlink, Starship, AI infrastructure, and orbital computing. As share supply grows, the "scarcity premium" will gradually weaken, and the stock’s ability to keep rising will depend more on the delivery of fundamentals and whether institutional capital can continue absorbing the new supply.

Thousands of X users have reported receiving unsolicited password reset emails, including accounts of multiple well-known crypto industry figures and CoinDesk staff. Some users received up to 10 such emails within hours, sparking market concerns over account takeover attacks or potential data breaches. Crypto investor Nic Carter noted that a large number of users are receiving X password reset requests, and recommended enabling X’s "Password Reset Protect" feature. Another crypto user, cap.eth, said that even with two-factor authentication enabled, someone is still "actively" attempting to reset their password. There is currently no evidence that the X platform system has been compromised or that a large-scale account takeover has occurred. X’s security mechanism allows attackers to initiate password reset requests using only publicly available usernames, after which X sends reset emails to linked email addresses. Thus, receiving such emails does not in itself mean a user’s email address has been leaked. X has not yet publicly responded to the abnormal password reset requests, nor has it confirmed any coordinated attack activities or security incidents. Industry insiders advise users to check their account security settings and enable the Password Reset Protect feature.

21 international financial institutions have announced plans to establish a new company in the second half of 2026 to advance the issuance of a stablecoin, with its specific name to be disclosed later. The new entity will initially focus on USD-denominated stablecoins, with plans to expand to additional G7 currencies in the future, prioritizing euro-denominated stablecoins. Participating institutions include Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, BBVA, Santander, MUFG Bank, and others. The stablecoin is targeted at wholesale, institutional, and retail markets, and will be applied to scenarios such as cross-border payments and digital asset settlement. The group stated that the stablecoin scheme will combine bank-level compliance, governance, and institutional risk management capabilities, and plans to meet relevant regulatory requirements including the U.S. GENIUS Act and EU MiCA. The project aims to officially launch the stablecoin product in the first half of 2027.

Cybersecurity firm Morphisec reports that a malware program disguised as Anthropic’s Claude desktop application is spreading the Windows malware RevStealer, with attackers luring users to download and install it under the name "Claude Opus 5 Free Desktop". According to reports, RevStealer can steal browser passwords, cookies, password manager data, VPN and remote access configurations, instant messaging data, screenshots, and specific documents, targeting more than 50 cryptocurrency wallets. The malware also features anti-analysis mechanisms, which determine if it is operating in a real user environment by checking device memory, CPU core count, username, hostname, and graphics card details; if a debugging or virtualization environment is detected, it may halt subsequent malicious activities. Morphisec added that RevStealer has previously spread via GitHub repositories and game cheat-related websites. Researchers warn users to avoid downloading AI apps like Claude from unofficial sources, and to be especially cautious of installers claiming to offer "free premium versions" or "cracked versions".