LIT has rallied past $2.7 following adjustments to its token economic model, bouncing 2.5 times from its lows.

According to GMGN monitoring, Solana ecosystem meme coin ANSEM surged 25% within one hour, with its market cap rebounding to around $380 million, posting a 30% 24-hour gain and trading volume exceeding $39.7 million over the same period. The rally is likely due to Ansem himself (X: blknoiz06) announcing the completion of a new round of airdrop distribution, totaling approximately $7 million. BlockBeats Note: Meme coin trading is highly volatile, largely dependent on market sentiment and concept hype, with no actual value or use cases; investors should exercise caution regarding risks.

According to official social media announcements, the HTX Genesis Hackathon—hosted by HTX DAO and B.AI, and co-organized by OpenCSG, TinTinLand, and OpenCity—has entered the preliminary screening phase. More than 100 developer teams have registered for the event, with participants hailing from over 30 top universities across 22 global cities, including Tsinghua University, Fudan University, the National University of Singapore, and the University of Edinburgh. The hackathon offers a total prize pool of 20,000 USDT and over $100,000 in computing power support. Participating teams will innovate in areas such as $HTX use cases, B.AI ecosystem applications and computing power services, AI Agent finance, on-chain asset management, trading infrastructure, DAO tools, and smart financial operating systems. The HTX Genesis finals will be held offline on July 19 during the World Artificial Intelligence Conference (WAIC) in Shanghai.

According to monitoring by OnchainLens, crypto whale MK4 (@mk4_lul) holds a 5x leveraged long position in LIT, with a position value of $13 million, an entry price of $1.29, and current unrealized profit of $6.7 million. The whale’s wallet address has amassed a lifetime total profit of $173.68 million.

Pendle’s funding rate trading platform Boros has crossed the $20 billion nominal trading volume milestone in less than a year since its launch. Today, Boros has become the de facto venue for institutions and market participants to trade, hedge, and capture funding rate differentials across platforms, with over 170 markets of varying maturities to date.

On-chain detective ZachXBT has published an article outlining the baseline criteria for the on-chain investigations he will undertake. He will not accept or respond to investigation requests unless the following conditions are met: the case is recent, a single victim’s loss exceeds $250,000, the jurisdiction is favorable to his work, the incident occurs on a blockchain he supports investigating, and it does not involve meme tokens or prediction markets.

South Korea’s BNK Busan Bank has completed a pilot project for a Korean won stablecoin infrastructure on Kaia Chain. The proof-of-concept (PoC) was jointly conducted by K-STAR Alliance partners AhnLab Blockchain Company, Lambda256, and Open Asset. Test results showed a 100% transaction success rate and processing time of less than one second.