BSC on chain contract VECAndETH subjected to price manipulation attack, resulting in a loss of approximately $109600

[White House Chief Crypto Advisor Patrick Witt to Take Leave, Potentially Impacting 'Clarity Act' Negotiations] According to Crypto in America, White House Chief Crypto Advisor Patrick Witt will begin JAG training with the Georgia Army National Guard on July 27, with his work at the White House expected to conclude next Friday. Senate Republicans are accelerating efforts to advance the 'Clarity Act,' aiming to complete legislation before Congress's August recess. During Patrick Witt's absence, Deputy Director Harry Jung will take over the related responsibilities. It remains unclear whether Patrick Witt will return after completing his training.

[Morgan Stanley Says Large-Scale Adoption of CPO Will Take Time, Copper Cable Technology Remains Competitive for the Next Two Years] Morgan Stanley's report on July 13 indicated that large-scale adoption of CPO in Scale-Up networks is expected to occur in 2029 and beyond, with only limited introduction in 2028. Copper cables, leveraging innovations such as PAM4 modulation, DSP, and retimers, can remain viable for another two years. The evolution of AI cluster sizes from 72 GPUs to 576 GPUs and even 1152 GPUs is the core driving force. 2026 marks the starting point for non-NVIDIA Scale-Up ecosystems, with AMD MI400, Amazon Trainium 3, and Microsoft Maia beginning mass production. Astera Labs and Broadcom are expected to be the primary beneficiaries in the early stages. Morgan Stanley maintains an overweight rating for NVIDIA, Broadcom, Astera Labs, and Keysight.

On Hyperliquid, SK Hynix (SKHX) reported $1188, while the US stock ADR (SKHY) reported $151.34. The equivalent price of SKHY was $1513.4, representing a 27.39% premium over SKHX. The address starting with 0x257 that executed the price difference convergence trade had a floating profit of $183000, narrowing from yesterday's $348000; The address starting with 0xf517 has a floating loss of 456000 US dollars. The total expenditure of funds for the two addresses is 21200 US dollars. The address starting with 0x257 is linked to a buy order of 572000 US dollars and a sell order of 1.056 million US dollars; The address starting with 0xf517 is used to pay 2.467 million US dollars. Yesterday, two whales expected a price difference of $14 million to converge.

According to on chain analyst Ai Yi's monitoring, the smart money "Yu and M" in Binance contract suffered a floating loss of $2.091 million from long positions, topping the 3D loss chart. The account holds 7462.68 SKHXs worth 11.03 million US dollars, with an opening price of 1477.89 US dollars and a floating loss of 1.954 million US dollars; Holding 25733.63 SKHYs worth $4.045 million, with an opening price of $157.22 and a floating loss of $137000. The account has sufficient margin, with strong parity of $756 and $27.59 respectively, and there is currently no risk of liquidation.

The Federal Law Enforcement Officers Association supports the CLARITY Act, marking the second time the organization has provided support for law enforcement related legislation. （Cointelegraph）