According to CCTV News, the assessment of the US Department of Defense shows that the actual expenditure of the US military action against Iran may reach 100 billion US dollars, far exceeding the 30 billion US dollars announced by the US government. The gap is due to official estimates not including undisclosed combat expenses, losses of advanced fighter jets, and costs of damage to US military facilities in the Middle East. US Senator Angus King said that the American people are disappointed that they cannot know the actual expenditure of the war, and the war has brought additional costs to the public in terms of gasoline prices and other aspects.

According to a report by The Block, based on a study commissioned by 1inch on chain analytics platform Dune, approximately 85% of centralized liquidity in decentralized exchanges is not utilized at the time of deposit, with an average of approximately $542 million per week outside the fee range. Dune stated that liquidity providers that exceed their fee range incur annual losses of approximately $150 million, with over one-third of idle funds remaining unused for more than 90 days.

Native Markets announced that the USDH official website exchange portal will be closed on July 17th at 21:00 (UTC+8). Subsequently, USDH's 1:1 redemption and exchange services will be migrated to the Bridge platform, and users need to complete the account registration and admission process on the Bridge platform.

On July 16th, Brent crude oil prices rose above $85 per barrel due to concerns about oil supply in the Middle East and the impact of the US crackdown on Iran. Iran has informed the Houthi militants in Yemen that if Iran's power infrastructure is attacked, the Red Sea waterway must be blocked. The Red Sea route is an important lifeline for Saudi Arabia's oil exports, and the Iran War has disrupted oil transportation in the Strait of Hormuz.

Polygon Labs CEO Marc stated that the company is in the final stages of completing the acquisition of Coinme and will integrate the team into Polygon Labs with the goal of achieving profitability by 2027. The company has decided to bid farewell to some colleagues in order to complete the transformation from a "blockchain foundation" to a "blockchain payment company". Marc stated that the adjustment is due to changes in organizational structure and talent demand, and the company will provide severance pay and support to affected employees.