唐华斑竹

It’s so annoying—when you see this, trading coins doesn’t feel appealing anymore.

A DeepSeek intern’s salary is 5,500 yuan per day; to have your pay inverted, you’ll first need to pass the gate of the senior employees.

Rumor has it that DeepSeek offered a pre-tax daily wage of 5,500 yuan to a Tsinghua Yaoban intern. Based on 22 workdays per month, the monthly salary exceeds 120,000 yuan. DeepSeek has not yet publicly confirmed this. Publicly posted intern daily wages are typically 500 to 1,000 yuan. $AI $SOL

Binance Wallet’s Meme Rush feature is rapidly expanding from launchpads for aggregated native chains like BSC and Solana into a new layer of emerging capital. The newly included Virtuals Protocol, Flap, and Bankr are all located on the Robinhood Chain. As an L2 under Robinhood built on Arbitrum Orbit, the chain has been live on the mainnet for less than three weeks. This is not simply an add-on of features—it represents Binance’s first direct integration with an ecosystem on a traditional brokerage chain.

The key move lies in choosing the target audience. The Flap protocol was already integrated into the Binance Wallet half a year ago; this time, it was included alongside the overall onboarding of the Robinhood Chain. Virtuals Protocol, meanwhile, serves as an early AI-themed concept meme launchpad in the Base ecosystem. Its cross-chain deployment to the Robinhood Chain and swift acquisition of a Binance entry point indicate that capital is trying to replicate the “Base model” on brokerage-chain rails—attracting liquidity through meme trading and then routing it toward mainstream narratives such as RWA.

The Robinhood Chain mainnet went live on July 1. Its first breakout meme coin appeared on July 8, and the Binance Wallet integration announcement was released on July 18. In fewer than 20 days—from the chain’s launch and the emergence of wealth-creation effects to being captured on the front end of the largest trading platform—the pace far exceeds integration cycles of any new chain in the past. Behind this is Binance’s sharp sensitivity to changes in retail traffic entry points. With Robinhood serving as a channel for traditional stock investors to enter crypto, the early on-chain opportunities on its chain have become a battle that cannot be missed.
Binance Wallet Meme Rush adds Robinhood Chain launchpad selection options such as Virtuals Protocol, Flap, and Bankr
BlockBeats report: On July 19, according to official announcements, Binance Wallet Meme Rush added launchpad selection options on the Robinhood Chain, including Virtuals Protocol, Flap, and Bankr, to help users discover more on-chain token opportunities.
Users can use Meme Rush to follow tokens on BSC, Solana, ETH, Base, and the Robinhood Chain at the same time—one single feed to keep track of multi-chain hotspots.$MEME

Brothers, buckle up and hang tight—Bitcoin options implied volatility has fallen to a near-freeze. After three times like this so far this year, a sharp crash has always followed! BTC could be set for another halving-style drawdown and plunge!

On July 20, crypto analyst Murphy noted that Bitcoin options implied volatility (IV) is currently extremely low: 1-week IV at 33% and 1-month IV at 34%, both below the 40% historical range, suggesting the market may be facing “a major volatility move.”

Murphy统计 that in the past year, there have been two similar instances. After 15 days when 1-month IV fell below 40% at the start of January, BTC dropped from $97,000 to $62,000; after 14 days when late April’s IV fell below 40%, BTC slid from $82,000 to $60,000; and after June 15, BTC fell from $66,000 to $58,000.

Murphy said that low IV is driven by market consensus aligning, volatility-arbitrage capital accumulating, and the market makers’ short-gamma mechanism—all of which amplify the impact of events beyond expectations. He warned derivatives traders to prepare accordingly.

Bitcoin options implied volatility has again broken below the key 40% level—this is the third time this year. After the first two low-volatility periods, there were selloffs with a rapid drop of more than 30%. Continued compression in volatility is due to the market’s near-term directional consensus converging, along with market makers accumulating short-gamma positions in a low-vol environment. Together, these factors form a high-leverage, fragile balance.

When low volatility shows up this time, the Bitcoin price has already pulled back significantly from its all-time high. The market structure itself is already fragile. Low IV isn’t simply a calm market—it effectively hands pricing power over to any “above-expectations” shock in either direction. Unlike the mid-2025 environment of subdued IV caused by narrow-range consolidation and selling call-option strategies, the current setup is closer to the “fragile zone” Glassnode warned about in late 2025—where unrealized losses and weak demand coexist. The options market is quietly pricing in a violent liquidation event, regardless of whether it’s pushed by bulls or bears. $BTC

Binance has stopped supporting the MOVR and GLMR mainnets—an inevitable result of Moonbeam’s ecosystem migration to Base. Previously, on July 4, Moonbeam announced that it would fully migrate to the Base network and transition into an AI Agent communication and settlement network, with the cross-chain token transfer deadline set for July 31. Binance’s move is intended to align with the project’s network migration plan, ensuring a seamless service switch to the Base network rather than shutting down the project itself.

Although Binance has previously paused deposits and withdrawals for certain networks multiple times due to network upgrades or ecosystem adjustments, this action is directly tied to a major strategic pivot: a Polkadot parachain abandoning its native mainnet and fully shifting to another Layer 2 network. This is not merely an infrastructure switch—it also signals that, under the narratives of AI and on-chain economies, some original multi-chain ecosystem projects are accelerating their move toward the “superchain” camp, backed by stronger capital and broader developer consensus.
On July 20, according to an official announcement, Binance will stop supporting the Moonriver (MOVR) and Moonbeam (GLMR) mainnets, and will enable the above tokens to be deposited and withdrawn via the Base network. $GLMR

The core controversy of BIP-110 is far more than the data size limit. It lowers the miner support threshold for protocol upgrades from 95% down to 55%—a move that directly challenges Bitcoin’s conservative governance paradigm of the past decade. It aims to reduce the consensus cost for contentious operations such as “clearing inscriptions.”

Although the proposal claims to protect Bitcoin’s monetary attributes, critics such as Michael Saylor point to its deeper risks: it could set a precedent for on-chain censorship based on subjective value judgments, and it may hinder the development of Layer 2 solutions that rely on complex scripting. More importantly, the proposal bundles two major changes—“data limits” and “lowering the threshold”—making it less like a straightforward technical optimization and more like a sudden seizure of governance power.

Even though node support reached 2.38% in January, miner support has remained close to zero, and the UASF deadline at the beginning of August proved effectively meaningless. The real signal is that upgrade proposals driven by grassroots developers—such as BIP-119 and BIP-348—have been recently active, showing that the non-core developer community is trying to redefine Bitcoin’s evolution rules. BIP-110 may fail, but the radical governance experiment it represents will not end there. $BTC

Hong Kong really about to issue a stablecoin?!
Anchorpoint Finance is about to announce the launch of the Hong Kong dollar stablecoin “HKDAP”
On July 20, according to the Sing Tao Daily, the issuance of stablecoins in Hong Kong is set to begin. Anchorpoint Fintech, led by Standard Chartered Bank (Hong Kong), is one of the institutions that obtained Hong Kong Monetary Authority’s first approval of two stablecoin issuer licenses in April this year. Standard Chartered and Anchorpoint Fintech are expected to issue a joint announcement by the end of this month—within the next two weeks at the latest—announcing the launch of the Hong Kong dollar–pegged stablecoin “HKDAP”.

Earlier reports said that in April this year, the Hong Kong Monetary Authority announced that it had granted Anchorpoint Fintech and HSBC Bank the first batch of stablecoin issuer licenses. $AAPL.US

The strangest Bitcoin story of the year: an Irish drug dealer bought 6,000 BTC in 2011 and hid the paper keys inside a fishing-rod case, then he got arrested

The landlord lost everything he had, including the keys. Those coins were frozen for years, until now

With help from Europol, Irish authorities cracked the wallet. Today they withdrew 500 BTC; in total they withdrew 1,500, and the remaining 4,500 BTC is still lying there ​​​

I really didn’t get it—does that mean Bitcoin keys can be cracked?!
$BTC

The World Cup is over, and AI stocks have crashed too. Can everyone come back and trade crypto properly now? When did the crypto market become a stock market and a gambling den? If we don’t reflect on this again, the stock market will soon have new sector rotations, and football will have a bunch of cups and leagues starting up. When will the capital return to the crypto market? Is the crypto market really doomed?! $ETH

8 minutes! Just long enough to take a smoke!
DJI cut the deadly supply route at an altitude of 6,000 meters on Mount Everest—from 8 hours down to 8 minutes, just like that.
Honestly, if I hadn’t seen the Japanese news reports with all the astonished reactions, I wouldn’t have known that our own drones have already been quietly pulling off a huge job at the Everest Base Camp.
A full 100,000 kilograms of supplies and waste!
What did that mean before? It meant Sherpas on site—stepping over ice crevasses that could crack open at any moment—enduring oxygen deprivation, hauling everything up one painful step at a time, risking their lives.
And now?
These “iron lumps” that don’t need to breathe, don’t fear the cold—they buzz up there, make a round trip in 8 minutes, and don’t even need a sip of water.
I stared at my phone, and goosebumps rose all over me.
With DJI’s insane pace of evolution, if someone ever climbs a mountain and gets altitude sickness and gets into trouble, will they just send a location and the drone will fly over and “snatch” the person out?
This isn’t delivery at all—it’s like giving life a cheat code! Our hardcore technology in China really leaves you with no choice but to bow your head.
But after the thrill, suddenly my heart feels a bit complicated.
This era’s high-speed rail—it's running so wildly fast.
Those Sherpas who, generation after generation, relied on serving as “human backpacks” for climbers to put food on the table—now when they look up at the machines flying overhead, they probably feel their hair stand on end.
They probably never imagined that the thing that would eventually steal their livelihood wouldn’t be a younger tough guy from the next village, but a Chinese drone that doesn’t need to be paid a salary.
Ah… when technology charges forward at full speed, it really doesn’t even wait to say hello. $SOL

If you’ve seen this, you have to say it: the times created a wealth-making myth! In 2012, someone paid $500 to get a Casascius physical bitcoin gold bar. This bar embeds exactly 100 bitcoins.

Back when the price of bitcoin first broke $10,000, the holder was anxious every day. Holding a collection worth millions put enormous pressure on him. He didn’t want to cash out directly—in his eyes, the value of an unopened physical bitcoin collectible was far more than the figure on paper. He also tried to find channels to resell it, but the transaction risk for such a huge collectible was too high. Whether through private deals or auction houses, it was hard to sell it for a price that truly matched bitcoin’s real value.

As the coin price kept surging upward, the gold bar’s valuation shot past $10 million. The holder no longer dared to hold it long-term. After much hesitation, he finally completed the exchange recently. A collectible that cost $500 is now cashed out for $10 million— for enthusiasts of physical bitcoin collectibles, it’s truly a day of mixed emotions. $BTC

South Korean stock market sees repeated surges and crashes, with circuit breakers triggered again and again; at least 320,000 accounts’ principal has been wiped out

On July 16, the South Korean stock market plunged sharply, with the KOSPI dropping more than 6%. The Korean composite stock price index was down 26% from its June peak. And just on July 13, the South Korean market suffered a “massacre,” with the KOSPI index falling nearly 9% and slipping below the 7,000-point mark.

So far this year, the Korea Exchange has initiated “temporary trading halts” 37 times. During those periods, a total of eight times the market selloff triggered the circuit breaker mechanism.

According to disclosures from the Financial Supervisory Service of Korea, as of July 13, in the South Korean market more than 1.2 million leveraged retail accounts had received margin call notices. Of these, roughly 320,000 to 360,000 accounts had been forcibly liquidated by brokerages, with their principal reduced to zero; some accounts even showed negative balances.$NVDA.US

After the U.S. stock market opened, Bitcoin and Ethereum accelerated their decline. “Majie” rapidly reduced his position to avoid liquidation.

Once again, a pattern emerged in which a pullback in the U.S. stock market dragged the crypto market lower in tandem. Huang Licheng (“Majie”) swiftly cut his Ethereum long position as the price neared $1,800. Known for frequent trading with high leverage, the trader has accumulated losses of nearly $80 million since last September, and his position changes have become a micro-indicator for market sentiment and liquidation risk.

Amid recent market volatility, Majie’s trading style has shifted from his earlier insistence on adding to positions toward more frequent swing adjustments, seeking a balance between avoiding liquidation and capturing profits. Just ten days ago, he added to his position during a market rebound, increasing it to $17.08 million and posting weekly gains.

After this position cut, his liquidation price dropped to $1,795.49, less than 1% away from the current price. This kind of strategy that keeps the liquidation line tightly aligned with the spot price—especially as volatility picks up—looks more like actively managing risk rather than passively reacting. It suggests his approach may be evolving from simple bullish conviction to a more practical risk-control mindset. However, leverage has not been reduced, and the next market test is coming.

On July 17, after the U.S. stock market opened, Bitcoin and Ethereum accelerated their decline. As of the time of writing, Bitcoin was at $62,554.81, with a drop of 0.84% over the past hour. Ethereum, meanwhile, was hovering just above $1,800, currently at $1,810.62.

Affected by this, “Majie” rapidly and significantly reduced his Ethereum long position over the past hour. According to HyperInsight monitoring, his 25x Ethereum long position has now been cut down to 3,500 ETH, valued at $6.338 million. His long liquidation price has also fallen in parallel to $1,795.49, less than 1% from the current price. $ETH

Binance will support the Cardano network upgrade and hard fork
Binance will suspend Cardano ADA network token deposits and withdrawals on July 19, 2026 at 04:44 (UTC+8) to support the network upgrade and hard fork. The network upgrade and hard fork are expected to take place on July 19, 2026 at 05:44 (UTC+8). $CRV

This is Binance’s first product upgrade for its SpaceX Pre-IPO contract. Previously, in May, Binance launched an SPCX USDT-margined Pre-IPO contract, but the leverage was only 5x. With the introduction of the SPCXUSD1 perpetual contract, although it is a new contract, the core change is that the contract’s margin unit switches to a USD-margined basis and the maximum leverage is raised to 25x. This indicates that Binance is moving SPCX—its “quasi-listed asset”—from a trial product into its mainstream TradFi perpetual contract lineup for normalized operations. Recently, Binance has rolled out several traditional financial equity perpetual contracts in quick succession. The increase in SPCX’s leverage multiple suggests that its liquidity, risk models, and market attention have passed initial testing, making it a core tool for institutions and high-leverage traders to allocate exposure to the “space economy.”
On July 17, according to the official announcement, Binance will list the SPCXUSD1 perpetual contract on 2026-07-20 at 17:00 (UTC+8), with a maximum leverage of 25x. $BNB

Why not give it to DeepSeek to crack?
A programmer has 7,002 bitcoin private key USB drives with only 2 password attempts left, worth about $777 million
Programmer Stefan Thomas holds an IronKey encrypted USB drive containing 7,002 bitcoin private keys. The bitcoins were paid to him for a 2011 educational video he made titled “What is Bitcoin?”. Recently, they were valued at about $111,000 per coin, totaling about $777 million.

The IronKey device is configured to permanently lock and delete its contents after 10 incorrect password attempts. Thomas has tried 8 times, leaving only 2 password entry attempts remaining. Manufacturer Kingston says there is no backup password or alternative recovery method other than the original password set by the user.

Thomas sought help from the digital forensics company Naxo and security researcher Chris Tarnovsky, and he refused Unciphered after reaching verbal agreements with two teams. As of the end of 2025, the IronKey is still stored in a Swiss vault, and as of mid-2026 it has not been confirmed that recovery succeeded. $BTC