Odaily News Texture officially announced on the X platform that the hacker had returned 90% of the stolen funds about two hours ago and received the 10% "grey hat bounty" previously proposed by the team. Texture said it would not pursue further responsibility. The team is currently working with the auditor to complete code repairs and reviews, and the contract will be redeployed soon. The official also thanked the community for their support in the incident and promised to release a post-event review report as soon as possible. Previously, Texture had a security vulnerability that resulted in the theft of approximately $2.2 million in USDC user funds.

Odaily News Coinglass data shows that in the past hour, the entire network had a liquidation of US$75.2284 million, of which short positions had a liquidation of US$71.7612 million and long positions had a liquidation of US$3.4672 million.

Odaily News Web3 gaming platform Remix announced the completion of a $5 million financing led by Archetype, with participation from Variant, Coinbase Ventures, Lemniscap and Zynga co-founder Justin Waldron. Remix was originally named Farcade, and the platform hopes to become a "game version of TikTok". Currently, the main function of Remix chain is that users can connect their Farcaster and World identities to mini programs. However, their on-chain monetization toolkit is expected to be launched in a few weeks. Remix is now online on Telegram (using TON) and the EVM-based World application (Blockworks)

Odaily News The Party Committee of the Shanghai State-owned Assets Supervision and Administration Commission held a study meeting of the central group on July 10 to study the development trends and response strategies of cryptocurrencies and stablecoins. He Qing, Secretary of the Party Committee and Director of the Shanghai State-owned Assets Supervision and Administration Commission, pointed out that it is necessary to fully implement the spirit of the Seventh Plenary Session of the 12th Municipal Party Committee, adhere to innovation-driven development, maintain a keen sense of emerging technologies, and strengthen research and exploration of digital currencies. Adhere to the integration of production and numbers, and explore the application of blockchain technology in cross-border trade, supply chain finance, and asset digitization. Persist in hard work and improve strategic agility and strategic initiative, further promote the deep integration of science and technology, finance, and industry, better play the important role of state-owned assets and state-owned enterprises in scientific and technological innovation, industrial control, and security support, and make new and greater contributions to the construction of Shanghai's "five centers." (Cailianshe)

Odaily News OKX market shows that ETH has broken through 2800 USDT and is now at 2800.6 USDT, with a 24-hour increase of 5.21%. (This newsletter is generated with the assistance of AI)

Odaily News OKX market shows that BTC has broken through 112,000 USDT and is now at 112,032.8 USDT, with a 24-hour increase of 2.64%. (This newsletter is generated by AI)