According to BlockBeats, on July 27, Meritz Securities analyst Kim Sun-woo stated that SK Hynix is expected to report record second-quarter results, driven by one-off investment gains and rising semiconductor prices.

The analyst estimates that SK Hynix's pre-tax profit for April to June will exceed 100 trillion won, including 6.01 trillion won in operating profit and 4.16 trillion won in investment income from its stake in Kioxia through US private equity firm Bain Capital. This performance would surpass the company's record operating profit of 5.88 trillion won set in the first quarter. He added that DRAM and NAND flash memory chip prices rose by 30% and 49%, respectively, in the second quarter.

According to BlockBeats, on July 27, Iranian Foreign Ministry spokesman Bagaei stated that the situation in the Strait of Hormuz remains unchanged and the strait remains closed. (Jinshi)

According to BlockBeats, on July 27, Crypto Quant analyst Axel Adler Jr wrote that Bitcoin's current valuation metric, MVRV Z-Score, has fallen to a multi-year low but has not yet fallen into negative territory, indicating that the market is undervalued rather than in a typical cyclical bottoming-out phase of full capitulation.

Data shows that the BTC MVRV Z-Score is currently around 0.42, far below the historical average of 1.7, and has remained near zero for 30 consecutive days. Since the end of 2025, this indicator has been declining, reaching a low of approximately 0.185 on June 30th, but has not yet entered the negative territory representing a large-scale sell-off. Meanwhile, the BTC 7-day Realized Profit/Loss (P/L) indicator has turned positive, currently at approximately +239 million USD. In the previous month, this indicator was mostly negative, with losses reaching as high as 8.5 billion USD in June and approximately 3 billion USD in a single week in mid-July.

Realized profit and loss recovery indicates that market selling pressure is easing, but the MVRV Z-Score has not yet shown signs of capitulation (a sell-off that breaks below zero). Therefore, it is currently closer to a "low-valuation + stabilization" phase than a confirmation of a cyclical bottom. If the MVRV Z-Score subsequently recovers to its historical average of 1.7, while realized profit and loss remain positive, it could signal a strengthening market. Conversely, if it falls below the June low of 0.185 and enters negative territory, it could signify a new round of pressure release.

According to BlockBeats, on July 27th, Bernstein stated in its latest report that Naver's board of directors has approved a private placement of 7.2 million common shares to NVIDIA at a price of 204,500 won per share, raising approximately 1.5 trillion won (about US$1 billion). Upon completion of the transaction, NVIDIA is expected to hold approximately 5% of Naver's shares, becoming one of its significant strategic shareholders.

Bernstein believes that NVIDIA's investment will strengthen market confidence in Naver AI Factory. As global investment in AI infrastructure continues to expand, chip supply, capital support, cloud infrastructure, and downstream demand are rapidly becoming intertwined. Naver, along with NVIDIA and Brookfield, had previously planned to jointly invest in gigawatt-scale, multi-tenant AI cloud infrastructure to provide computing power support for next-generation AI companies in South Korea and the United States.

The report points out that Naver's AI Factory is closer to a "neocloud" collaboration model: infrastructure investors provide capital, chip manufacturers support computing power deployment, AI ecosystem partners contribute demand and model capabilities, and Naver acts in the middle, responsible for organizing and operating the entire technology stack. With NVIDIA becoming a shareholder, market concerns about hardware procurement, demand visibility, and long-term ecosystem support are expected to be reduced, and the feasibility of subsequent SPV financing and external capital raising will be improved.

Bernstein maintains its "Outperform" rating on Naver with a target price of 330,000 won. Based on the closing price of 209,500 won on July 24, this represents a potential upside of approximately 58%.

According to BlockBeats, on July 27th, six months after being extradited back to Cambodia, Chen Zhi, founder of the Prince Group, was formally arrested. Chen Zhi was formally arrested on July 6th. Compared to his initial extradition, the charges against him have been reduced from concealing the proceeds of crime to include copyright infringement and intentional injury. Over several years, Chen Zhi built a global telecommunications fraud network centered around the "Golden Bay Industrial Park," amassing millions of dollars daily despite his dukedom, with a net worth of hundreds of billions of dollars. The Bitcoin seized by the United States alone is worth $15 billion (approximately 103.5 billion RMB).

According to a statement from the Ministry of Public Security, on January 7, 2026, with the support and cooperation of relevant Cambodian departments, the Ministry dispatched a working group to extradite Chen Zhi (a Chinese national), the head of a major cross-border gambling and fraud crime syndicate, from Phnom Penh, Cambodia, back to China. The statement at the time disclosed that Chen Zhi's criminal syndicate was suspected of multiple crimes, including operating casinos, fraud, illegal business operations, and concealing criminal proceeds, and had been placed under coercive measures in accordance with the law.

According to BlockBeats, a new draft of the CLARITY bill was officially released on July 27. This draft merges the versions from the Senate Banking Committee and the Agriculture Committee and includes an ethics clause for the first time. The voting process is expected to begin this Monday or Tuesday, with a formal vote potentially taking place as early as the week of August 3.

According to BlockBeats, on July 27, South Korean media reported that six leading Silicon Valley venture capital firms—Sequoia Capital, a16z, Khosla Ventures, Lightspeed Venture Partners, General Catalyst, and NEA—signed a Memorandum of Understanding (MOU) with the National Pension Fund of Korea (NPS). The two parties plan to cooperate on global investment opportunity discovery, investment information sharing, and the construction of an international venture capital network.

The South Korean government is currently accelerating efforts to attract overseas venture capital, coupled with the launch of the 200 trillion won National Growth Fund. The market expects that South Korea's strategic industries such as AI and semiconductors will receive multiple support from policy funds, overseas venture capital, and private capital.

However, some industry insiders pointed out that a large influx of funds into a few popular companies may drive up market valuations and increase the risk of valuation corrections during future IPOs and M&A exits, thereby affecting the performance of investment funds.

According to BlockBeats, as of July 27, the current funding rate for the CXMT-USDC perpetual contract on Hyperliquid is -0.1775%, corresponding to an annualized funding rate of approximately -1552.44%.

Negative funding rates mean that short sellers have to pay funding fees to long sellers. Simply put, if a trader holds a CXMT short position with a notional value of 10,000 USDC, based on the current funding rate, they will pay approximately 17.75 USDC in funding fees each time they settle. If this rate remains in place long-term, the annualized cost of capital will reach approximately 1552%, theoretically meaning that holding a 10,000 USD short position will incur over 150,000 USD in funding fees annually.

According to an official announcement on July 27th, the Binance wallet Meme Rush has added support for four protocols on the Robinhood chain: Pons family, Ape store, Uniswap V2, and Uniswap V3.

According to BlockBeats, on July 27, HTX market data showed that after Storj announced its bankruptcy, its price continued to decline, dropping 15% in 24 hours.

BlockBeats previously reported that Storj Labs, the parent company of the decentralized cloud storage project Storj, announced that it had voluntarily filed for bankruptcy reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to resolve historical debts and continue operations.