The US dollar index DXY fell 30 points in the short term, closing at 100.85

On July 2nd, Saga announced the establishment of Saga AI Labs to develop an AI consumer platform and autonomous digital roles, and to sell its cryptocurrency business, transferring the operation and management of the blockchain network to Alapin Holdings, a subsidiary of Dao5.

Binance NEXO is currently priced at $0.7674, with a 7.95% increase over 24 hours. 24-hour transaction volume of 6.12 million US dollars, an increase of 111.38%, for reference only

Reflect has initiated an independent voluntary recovery program for USDC+holders affected by the Drift hacking incident. Holders can sell their positions to Palindrome Engineering within 180 days at a price of 0.20 USDC per unit plus 80 Reflect Credit. The plan is funded in advance by Palindrome Engineering, and participants waive their right to claim Drift in exchange for immediate liquidity.

[Fhenix Acquires Sunscreen, Founder Ravitals Joins the Team] Fhenix announced the acquisition of Sunscreen, with Sunscreen founder Ravitals joining Fhenix to lead research efforts.

[Onyx Protocol to Decommission Layer 3 by End of 2026, Fully Transitioning to Layer 1] Onyx Protocol has announced that Onyx Layer 3 (XCN Ledger) will cease operations on December 31, 2026, with development resources shifting to Onyx Layer 1. XCN will retain its native Ethereum ERC-20 asset properties, and the XCN contract on Ethereum will continue to serve as the primary asset carrier. In the future, users will be able to bridge XCN on Ethereum to Onyx Layer 1 to participate in staking, applications, and network functionalities. Onyx Protocol stated that the existing infrastructure already supports decentralized applications and institutional-grade financial systems.