Robinhood Chain, a new Ethereum-compatible Layer 2 built on Arbitrum, has seen a tenfold increase in ETH bridging from Ethereum mainnet within days of its public launch around July 1, 2026. This surge indicates strong user commitment to the chain, which offers fast block times (~100ms) and low transaction costs, making it attractive for decentralized finance activities. Key DeFi players like Uniswap and Pleiades have deployed on the chain, and Chainlink provides critical data feeds for Robinhood's innovative tokenized stock trading, allowing 24/7 trading of equities like NVIDIA and Apple onchain. The chain also supports lending and borrowing protocols, enabling users to leverage tokenized stocks as collateral, highlighting Robinhood's ambition to blend traditional stock trading with decentralized finance.
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
Open USD introduces a new stablecoin model that shares reserve yield with distribution partners instead of the issuer, aiming to realign incentives for wallets, payment processors, and fintechs. This approach could disrupt USDC's long-standing domina...
PEPE memecoin surged 14.06% in 24 hours, driven by increased spot buying and trading volume, signaling renewed market interest. The token's market cap reached $1.16 billion as spot volume grew faster than futures, indicating direct buying rather than...
XRP has surged more than 8% recently, breaking out of a price range and forming a golden cross against Bitcoin on the 2-hour chart, signaling growing bullish momentum. This technical indicator, where the 50-day moving average crosses above the 200-da...
