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BlockBeats report: On July 24, SK Hynix’s chairman Choi Tae-won is expected to face the latest court ruling in his long-running divorce dispute with his ex-wife. This case is likely to become the divorce case with the highest compensation amount in Korean history. The Seoul High Court will announce the ruling result on Friday, deciding how much of Choi Tae-won’s wealth should be split with his ex-wife, Ryu Soo-young. Choi Tae-won currently has an estimated net worth of about USD 5.5 billion.
The core of this ruling lies in how the South Korean court will assess the value of the contributions made by Ryu Soo-young in helping build one of the largest corporate empires in South Korea. Initially, Ryu demanded to obtain 42.29% equity in SK shares held by Choi Tae-won, which could affect his control over the company. She later adjusted her claim to seek cash compensation.

Original title: Which Companies Bill Ackman Is Bullish and Bearish on Right Now
Original source: Money News Network
Original compilation: Deep Tide TechFlow
Key takeaways
Bill Ackman runs one of Wall Street’s most concentrated hedge-fund portfolios: $14.0 billion spread across 11 stocks, with the top five positions accounting for 78%. In this interview, he laid out a few specific cards: he has just sold Alphabet, and added $2.0 billion to Microsoft—betting on the AI infrastructure boom from hyperscalers. He didn’t dress it up in vague terms; the core logic boils down to a few words: buy companies with strong predictive power and earn compounding returns. His biggest worry about the market isn’t valuation, but that highly leveraged players could be forced to flee in unison at some point. On Bitcoin and gold, his exact quote was: “I don’t know whether it’s worth $50,000, $70,000, $5,000, or $1 trillion, but I don’t need to know. Investing is only about knowing what you know and what you don’t know.”

Both oil routes are attacked at the same time, and the market begins to reassess the true cost of AI. Energy, computing power, regulation, and equity liquidity are all getting more expensive.
1 | Both oil routes are under threat at the same time, and the seven giants lose nearly $900 billion in a day
On Thursday, the Houthi forces claimed an attack in the Red Sea on two Saudi oil tankers, as Brent crude rose above $100. The Iran war has disrupted passage through the Strait of Hormuz, and the Red Sea was originally an alternative route Saudi Arabia used to keep exporting crude. The alternate route has also been hit, and the market is pricing the supply disruption from a “double blockade.”
On the same day, the seven tech giants saw their market value plunge by nearly $900 billion—one of the largest single-day drops since the tariff shock in April 2025. Tesla fell 14%, Alphabet fell 6%, with the latter raising its annual capital expenditure budget to a record $205 billion. In the past, the AI narrative focused on compute supply. Now, energy prices and financing costs have moved in at the same time. Tech companies are still expanding capital spending, but the market is starting to ask: who will foot the bill for raising the costs of electricity, chips, and bond yields all at once?

BlockBeats message, July 24: ARK Invest research director Lorenzo Valente published a post stating that Blockworks data shows that real-world asset (RWA) trading on Hyperliquid based on the HIP-3 protocol is growing rapidly. Last week, Hyperliquid’s RWA trading volume for the first time surpassed crypto asset trading, accounting for 54% of the platform’s total trading volume. Among them, trading in individual stocks has been the fastest-growing category. Since June, single-stock trading volume has exceeded that of indices and commodities, and it currently accounts for about 61% of Hyperliquid’s total RWA trading volume, indicating that on-chain financial markets are expanding from trading purely crypto assets to traditional assets.

BlockBeats message: On July 24, according to official information, the DEX aggregator ODOS announced that after an evaluation, it has decided to stop operations. Its affiliated apps will enter read-only mode on July 27, 2026, and will permanently shut down all services on July 30. The official statement said that currently users can still carry out swap operations normally and close relevant positions, but starting July 23, the platform has stopped new user registration, new wallet creation, and limit order functionality. ODOS emphasized that it uses a non-custodial model: users’ assets are always controlled by the users and stored on-chain, and the platform will not hold users’ funds.

BlockBeats reported that on July 24, the Office of the U.S. Trade Representative (USTR) issued an announcement in local time on the 23rd, stating that, under Article 301 of the (1974 Trade Act), tariffs of 10% to 12.5% would be imposed on dozens of countries and regions in the name of so-called “forced labor,” to replace the global import tariffs due to expire. The new tariffs will take effect on the 24th in U.S. Eastern Time (12:00 noon Beijing Time).
USTR said that as the 10% global tariff period expires, this round will impose tariffs on 60 economies, covering more than 99% of U.S. trade. A senior U.S. official said that tariff measures on in-transit cargo will take effect at 12:01 a.m. Eastern Time on July 28 (12:01 p.m. Beijing Time on July 28). Imported goods such as fuel, food, and fertilizers will be exempt from the new tariffs; products subject to separate industry-specific tariffs (such as automobiles, metals, and pharmaceuticals) will also not be covered.

BlockBeats report: On July 24, blockchain analytics visualization platform Bubblemaps pointed out that after BitMEX officially shuts down operations in September, its platform token BMEX has plunged by about 95% today. However, according to a tokenomics model published in 2021, 92% of BMEX is locked in vesting contracts, with only 8% allocated at listing—of which 5% is for airdrops and 3% is for product and liquidity use.
On-chain data shows that the only time tokens were claimed was on November 2, 2022, when the product and liquidity addresses claimed 63.75 million BMEX tokens. However, the planned 75% of tokens intended for employee incentives, ecosystem growth, and long-term reserves were never claimed and never entered circulation.

BlockBeats news: On July 24, according to GMGN monitoring, the White House official account posted a tweet related to the raccoon Jimothy. In the Solana ecosystem, the Meme coin Jimothy surged again; its market cap surpassed $40 million, the 24-hour increase was 60%, and trading volume reached $44 million.
Jimothy’s prototype is a raccoon in Seattle, USA, whose body shows some abnormalities due to a rare congenital issue. After local residents posted its video on July 14, it went viral; the video has nearly 8 million views and has since inspired community creations such as memes, murals, and merchandise.
BlockBeats reminds users that Meme coin prices fluctuate significantly and mainly depend on market sentiment, community hype, and narrative-driven factors. They lack stable fundamental support, so investors should be mindful of risks.