News

Foresight News reported that, according to a proposal released by StarkWare, major adjustments are planned for the STRK delegation program, reducing the number of validators from over 130 to a maximum of 31, and shifting the strategy from “broad coverage” to “deep collaboration.” The third round of delegation is divided into two channels: Channel A allows a maximum of 26 spots, with each validator eligible to receive at least 15 million STRK delegation, up to 20 million. To qualify, validators must have achieved a 99% uptime on the mainnet over the past three months and meet at least one of the following criteria: rank in the top 8 for STRK staking volume (excluding StarkWare and the Starknet Foundation), be among top cross-chain infrastructure providers (up to 8 additional spots), or be ecosystem application developers who have paid at least $2,000 in network fees per month on average over the past three months (up to 10 additional spots). Channel B allows a maximum of 5 spots, with each validator receiving 5 million STRK, targeting community members who actively participate in decentralization discussions and require a 99% uptime on both the mainnet and testnet. The new rules are proposed to take effect in five weeks, and a two-week period for community feedback is now open.

On July 6, as global supply increases intensified competition among buyers, Saudi Arabia lowered the official selling price of its main crude oil grades for August to Asian customers, marking the largest drop in at least 26 years. According to a pricing schedule, Saudi Aramco reduced the price of Arab Light crude oil for August exports to Asia by $11 per barrel, with a discount of $1.50 per barrel compared to regional benchmark prices, exceeding the expected drop of $8 per barrel from institutional surveys. Recently, Middle Eastern crude oil prices have declined. After resuming exports from the Ras Tanura port, Saudi Aramco temporarily increased crude oil shipments to about 90% of pre-war levels. Before the war, Ras Tanura was the main shipping port for Saudi crude oil exports. Due to the war blocking the Strait of Hormuz, Saudi Aramco redirected most of its crude oil flows to Yanbu port on the Red Sea. Previously, the OPEC+ oil-producing countries agreed to continue a slight increase in production in August. Now, with shipping in the Strait of Hormuz resuming, Gulf oil-producing countries such as Saudi Arabia, Iraq, and Kuwait will be able to take advantage of their higher quotas.

Odaily reports that investors should focus on the following key US stock market financial news: 1. US stock index futures were mixed. Dow Jones index futures fell 0.13%, S&P 500 index futures rose 0.41%, and Nasdaq 100 index futures rose 1.17%. 2. International oil prices fluctuated within a narrow range. WTI crude oil futures fell 0.76%, to $68.167 per barrel; Brent crude oil futures fell 0.71%, to $71.605 per barrel. 3. International spot prices of gold and silver fell collectively. Spot gold price dropped 0.69%, to $4,145.79 per ounce; spot silver price declined 0.66%, to $61.95 per ounce. 4. Semiconductor research firm SemiAnalysis reported that the Nvidia Kyber NVL144 rack architecture may face delays. The firm attributed this to “major challenges remaining in the manufacturing process of the PCB mid-board” and expects delivery delays until 2028. 5. Broadcom will develop custom ASIC chip products for Apple, and both companies agreed to expand technology cooperation until 2031. Broadcom rose over 4% pre-market. 6. The President and COO of SpaceX will donate part of her SpaceX shares to the “Trump Account” as part of the “Invest in America” initiative. 7. SK Hynix has officially launched its US listing roadshow. This ADR offering is sized at around $28 billion and is expected to be among the top three largest IPOs in global history.