Circle Issues 250 Million USDC on the Solana Network

Injective has published a post explaining the relationship between its blockchain network, native token INJ, and the proposed Canary Staked INJ ETF (ticker: INJC). The blockchain serves as a transaction settlement infrastructure for financial applications, while INJ is used to pay network fees, stake to maintain network security, and participate in governance. If approved, INJC will offer investors exposure to INJ price movements and staking yields via traditional securities accounts. On the token economic front, Injective distributes staking rewards through protocol issuance and reduces circulating supply via token burns. Its Community BuyBack mechanism ties ecosystem revenue to INJ burns: participants receive a proportional share of an ecosystem asset basket based on the percentage of INJ they commit, while their committed INJ is burned. Regarding the ETF, Canary Capital has filed a related application with the U.S. SEC, naming BitGo Bank & Trust as the proposed custodian for INJ. Per the application documents, the fund plans to stake at least 90% of its INJ under normal conditions, with staking rewards typically reinvested. The product remains a proposal and is pending regulatory approval.

Iran’s Islamic Revolutionary Guard Corps (IRGC) said it attacked a liquefied petroleum gas (LPG) tanker in the Strait of Hormuz several hours ago. The group later released a statement noting that effective immediately, any vessel committing violations outside the Strait of Hormuz will also face "punishment". The statement did not elaborate further on the specific scope of the violations or the details of the punishment measures.

According to Whale Alert monitoring, a Circle address minted 250 million USDC on the Solana blockchain five minutes ago, valued at approximately $250 million.

On-chain analyst Specter published a report noting that multiple Ledger user wallet theft incidents have been recently reported on X and Reddit. After tracing the relevant stolen addresses, he discovered the funds came from hundreds of victim wallets, spanning multiple mainstream blockchains including Ethereum, Tron, and Bitcoin, with total losses exceeding $86 million. The analyst has now disclosed multiple addresses linked to the cases, though the attack’s cause, exact number of affected users, and whether Ledger has security vulnerabilities remain unconfirmed. Current information is primarily sourced from on-chain tracking and community reports and requires further verification.

Beating AI Express: Developer Finn Voorhees has demonstrated an AI agent capable of directly operating an iPhone. He only sent one prompt asking the agent to find the cheapest Ryanair flight to London for the next day. The agent then opened Ryanair on its own, input the destination, selected the date, checked fares, and finally returned to the chat interface to report the result—no computer was involved throughout the process. This agent runs in PiChat, an iPhone chat app developed by Voorhees. It leverages his previously open-sourced PiDurableKit at its core, running the Pi Agent on the iPhone via Apple’s JavaScriptCore to handle model calls, tool execution, and task management. The video uses Claude Opus 5.5, with model inference still running in the cloud. To enable the agent to continue working after switching to other apps, PiChat also uses Apple’s background task mechanism and saves execution progress via SQLite for easy resumption after interruptions. The most critical cross-app control code has not been made public. When activating iPhone Control in the video, the system required entering the lock screen password to enable XCTest UI automation. XCTest is Apple’s UI testing framework that can simulate taps, swipes, and text input. The open-source project TouchSynthesis leverages XCTest’s private interfaces to let iPhones generate touch events on their own, eliminating the need for real-time computer control. However, Voorhees has not confirmed whether he used this approach.

SK Group Chairman Choi Tae-won said today that chip demand is expected to continue growing rapidly, so SK Hynix will accelerate the construction of its semiconductor campus in Gwangju, South Korea as much as possible, and plans to release a specific timeline soon. Choi noted that SK Hynix has brought forward the completion target of its Yongin semiconductor campus from 2045 to 2033, but future production capacity may still fall short of demand, and the company does not rule out advancing the construction of both the Yongin and Gwangju campuses simultaneously. The planned scale of the Gwangju campus is about two-thirds that of the Yongin campus, and it may be expanded later. Currently, the specific start date of the Gwangju project has not been finalized, and construction progress still requires coordination with the government for supporting infrastructure such as water and electricity. Choi added that even if some supporting facilities are not yet in place, the company may proceed with piling works first, but will not slash construction costs to rush the project.