Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

According to an official announcement, OKX will launch its first batch of tokenized US stock spot trading on July 16. Users can hold and trade price exposure of underlying stocks or ETFs in "share" units, with assets named by adding an "X" prefix to the stock ticker (e.g., XNVDA, XTSLA). Deposits and withdrawals are supported via Solana and X Layer networks, with 24/7 trading available, and trading pairs are priced in USDT. It is reported that the product operates 24/7, with prices during non-trading hours calculated based on the latest closing price plus market estimates. Positions in this product are held in the same account as spot and stock perpetual contracts, allowing direct trading with USDT without the need for a brokerage account. It supports automated trading via strategy bots such as dollar-cost averaging and grid trading, and dividends will be reinvested at the issuer level and returned in the form of increased shares.

Prediction market Kalshi announced the launch of GPU computing forward curves, covering Nvidia’s B200, H200, and A100 chips, to offer market-anticipated future computing price predictions.

Today, SK Hynix led a sharp rebound in South Korea’s stock market. Bitget’s market data shows SK Hynix is currently up 12.49%. However, funding rate data from trade.xyz indicates investors may be actively shorting the stock: the annualized funding rate for SK Hynix on South Korea’s stock market stands at -55.37%, with a 24-hour trading volume of $1.36 billion and open interest of $492 million. For SK Hynix’s US-listed ADRs, the annualized funding rate is -63%, alongside a 24-hour trading volume of $413 million and open interest of $130 million.

On trade.xyz, the contract price of Changxin Technology (CXMT) has plunged sharply, falling more than 11% in the past hour to a current level of $7.6. During the same period, CXMT’s trading volume surged to $11.16 million, while open interest reached $9.15 million.

The Linux Foundation has launched the x402 Foundation to develop open payment standards for AI agents, APIs, and applications. The new foundation’s 40 members include AWS, Google, Visa, Mastercard, Stripe, Coinbase, Ripple, and Circle.

According to trade.xyz market data, the CXMT (Changxin Technology) contract on the platform surged sharply after its price protection mechanism was lifted, now trading at $8.48. Based on the post-IPO total share count of approximately 6.688 billion shares disclosed in the prospectus, its corresponding market capitalization hits 3.8 trillion RMB. Notably, since the price protection mechanism is triggered when the deviation between the underlying asset’s marked price and the oracle price is excessive, the current open interest of this contract amounts to $6.01 million, with a trading volume of $5.13 million.