Hackers posted an open-source project on GitHub disguised as a Polymarket prediction-market trading bot, using it to distribute an infostealing trojan through 30 malicious npm packages. The malware can steal high-risk credentials including crypto wallet private keys and passwords saved in browsers. At least 53 developers have been affected. The incident highlights security weaknesses in DeFi developer toolchains and automated trading infrastructure, even though it did not directly target any specific blockchain or protocol.

India’s government kept the July 2026 domestic sugar allocation unchanged at 22 lakh tonnes, matching a year earlier. Cumulative quotas for the 2025-26 season are about 3% lower year on year, and sugar exports have been fully banned from May 13 through Sept. 30. Uttar Pradesh’s July allotment fell 9%, while Maharashtra and Karnataka saw increases of 8.5% and 31%. Retail prices in the Delhi-NCR region have risen to about ₹50/kg and the all-India average stood at ₹47/kg on June 30, according to Consumer Affairs Ministry data.

Meta Platforms shares rose 8.4% on Wednesday after the company said it plans to expand its cloud business, a move seen as strengthening its enterprise offering in the AI era. Broader market sentiment was pressured by escalating U.S.-Iran tensions. The summary also noted expectations that the Federal Reserve could raise interest rates by year-end, though no specific data or policy decision was cited. Middle East peace talks remained unclear, and technical discussions were not described as changing the situation on the ground.

Federal Reserve Chair Kevin Warsh said at a central bank conference in Sintra, Portugal, that the Fed will remain independent and is committed to bringing inflation back to its 2% target. He rejected President Donald Trump’s push for rate cuts, saying policy would not be swayed by day-to-day politics. His tone marked a more hawkish shift from last year, prompting markets to price in higher odds of a September rate hike. Fed funds futures imply a path rising from about 3.6% to roughly 3.9%.

WhiteBIT has launched TradeFi, a new trading category offering more than 45 USDT-margined and USDT-settled perpetual futures contracts. The lineup tracks traditional assets including precious metals, energy and industrial commodities, global technology stocks such as Apple, Nvidia and Tesla, and major index ETFs including the S&P 500 and Nasdaq100. Contract prices are linked to the underlying assets, but there is no physical delivery or equity ownership, and trading is currently limited to the WhiteBIT platform.

Federal Reserve officials including Kevin Warsh, Austan Goolsbee and Beth Hammack said in public remarks tied to an ECB forum and interviews that inflation remains too high, pointing to higher oil prices from the recent Iran conflict as a key driver and suggesting rates could rise further. Fresh inflation data showed transportation and energy costs continuing to weigh on prices, while services inflation has improved slightly but remains well above the Fed’s 2% goal. The comments reinforced expectations that the Fed will keep rates high and could tighten again. That outlook has provided direct support for commodities, especially crude oil.

On July 1, ADP reported that U.S. private-sector employers added 98,000 jobs in June, below the 110,000 forecast and the lowest level in about six months. Nearly half of the gains came from education and health services, while leisure and hospitality added just 2,000 jobs. Even with the weaker print, the 10-year Treasury yield climbed to 4.38% and markets priced a 33.7% chance of a Federal Reserve rate hike at the July meeting. Bitcoin fell to $58,773 and was down more than 17% over the past month, while U.S.-listed spot Bitcoin ETFs saw $4.5 billion of net outflows in June, according to SoSo Value.

SharonAI Holdings (SHAZ) shares fell 6.57% to $79.10 in a single session. The drop followed a Bloomberg report that Meta is advancing an internal “Meta Compute” initiative that could sell AI model access and surplus GPU computing capacity to external customers. Investors see a potential direct challenge to SHAZ’s AI infrastructure-as-a-service business and its pricing power as the company pursues a recently announced $1.6 billion financing for expansion in Australia and Asia-Pacific.