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The reporter learned that the Alibaba Zhenwu M890 super node has successfully adapted to Qwen3.8 and has launched on the Alibaba Cloud Bailian platform to provide model inference services.Alibaba Cloud claims that this is the first super node in the country to successfully run a large model with over 20 trillion parameters.Qwen3.8 is Alibaba's latest flagship model, with a parameter scale of up to 24 trillion. The Zhenwu M890 is the new generation training and inference integrated AI chip from PingTouGe. The Zhenwu super node instance connects 64 Zhenwu M890 chips through the ICN Switch 1.0 interconnection chip, achieving high-speed interconnection of 800GB/s, with a video memory scale reaching 9TB, allowing a single instance to support the expert parallel requirements of a large-scale 20 trillion parameter MoE model.

JustLend DAO has completed the fourth $JST buyback and burn as planned. This round has cumulatively burned over 355 million tokens, corresponding to 3.59% of the total supply, with a market value exceeding 34.59 million USD.As of now, the cumulative burn progress of JST has reached 17.29% of the total supply, approaching the 20% mark. The funds come from the buyback of protocol revenue in the second quarter and the accumulation of historical stability fees from USDJ. With the implementation of this round of deflation, the market circulation of JST has further contracted, validating the long-term value logic driven by protocol revenue, and solidifying the foundation for the continued prosperity of the community ecosystem.

According to monitoring by Catcher Predict, in the event "MLB Highest ABS Challenge Success Rate (Team)" on the prediction market Polymarket, the "Yes" option win rate for the sub-market "Detroit Tigers" has experienced a sharp fluctuation, soaring from 3.15% an hour ago to the current 22.05% (a fluctuation of 18.9%). Please note the impact of related breaking news.

The global stablecoin payment infrastructure platform WasabiCard, in collaboration with WIDTH, held the CCO Leadership Edition compliance high-end exchange event in Hong Kong. WasabiCard CMO Jack Derong gathered with executives and experts from the fields of digital assets, payments, fintech, and regulatory compliance in Hong Kong to engage in in-depth discussions on topics such as the evolution of global regulations, the development of stablecoin payments, and corporate compliance practices.As Hong Kong's Web3 ecosystem continues to develop and the digital asset regulatory framework becomes increasingly refined, stablecoin payments are ushering in new development opportunities. With the continuous improvement of compliance requirements surrounding the HKMA stablecoin licensing system, Travel Rule, AML, KYT, and others, companies are increasingly focused on how to build payment infrastructure that combines global payment capabilities, risk management capabilities, and compliance capabilities to achieve the scalable implementation of stablecoin payments.WasabiCard believes that the future competition in stablecoin payments will hinge on whether companies possess the infrastructure capabilities to cover global compliance, risk management, and cross-border payment networks, rather than just payment efficiency.In the future, WasabiCard will continue to enhance global payment infrastructure based on the highest standards of compliance systems and risk management capabilities, helping clients confidently respond to the evolving global regulatory requirements and expand their international business more securely.

The Websea offline summit was successfully held, bringing together hundreds of industry partners, channel representatives, market elites, and regional operation center teams to exchange ideas on transaction innovation, market growth, and long-term value opportunities.The holding of this summit releases a positive signal that Websea's market strategy is accelerating comprehensively. Currently, Websea is continuously advancing the layout of regional operation centers, global BD recruitment, channel cooperation upgrades, and regional market expansion, with multiple business lines working simultaneously to further expand the platform's market coverage, channel scale, and ecological influence.In the future, Websea will continue to focus on product innovation as the foundation, channel growth as the core, and market implementation as the driving force, working hand in hand with outstanding global teams and partners to build a more vibrant and long-term valuable digital asset ecosystem.

According to Documenting Bitcoin, the Bitcoin network successfully mined a block using the Stratum V2 protocol for the first time. Compared to the currently widely used Stratum V1, Stratum V2 allows miners to independently construct block templates and choose transactions to package, rather than being completely determined by the mining pool. This retains the mining pool's revenue distribution mechanism while reducing the mining pool's control over transaction packaging, which helps enhance the decentralization and censorship resistance of Bitcoin mining.

On June 24, the "ETH Summer 2026 Ethereum Summer" Kuala Lumpur event, jointly hosted by Synbo Protocol, ETHPanda, and LXDAO, successfully concluded in Kuala Lumpur, Malaysia. This event focused on the discussion of "In the era of Web3 applications, how far are we from ordinary users?" and attracted builders from wallets, security, communities, infrastructure, and industry research institutions to participate.During the event, attendees shared and exchanged ideas on topics such as on-chain primary markets, market infrastructure, Web3 development in Southeast Asia, community growth, and real-world application implementation. The organizer, Synbo, stated that they hope to promote Web3 from infrastructure development to more authentic user scenarios by connecting developers, entrepreneurs, communities, and capital.

Coinbase posted on the X platform that the first mortgage in the U.S. backed by Fannie Mae and using Bitcoin as the underlying asset has been successfully issued.The loan was initiated and serviced by Better, with technology supported by Coinbase. Coinbase stated that the product will be promoted nationwide this summer, providing innovative mortgage options for Bitcoin holders while advancing the application of crypto assets in traditional finance.

Gate Europe successfully held the "Capital Social at Money20/20 Europe" industry exchange event. The event was jointly organized by Gate Institutional, Gate Fiat, and Gate Pay, attracting over 150 professionals from the fields of payment, OTC, institutional trading, and fintech to discuss the integration trends of digital assets and traditional finance, as well as opportunities for institutional market development.During the event, the senior team of Gate and industry guests engaged in discussions on topics such as the integration of fiat currency and digital assets, institutional liquidity, cross-border payments, and institutional-level settlement. Partner Utexo conducted specialized discussions on institutional liquidity, fiat infrastructure, and payment collaboration. In a roundtable discussion themed "Everything Capital," attendees focused on topics such as capital flow efficiency, the construction of institutional payment networks, the evolution of OTC market structure, and innovations in cross-border settlement.This event provided a deep communication platform for traditional financial institutions, payment companies, and participants in the digital asset industry.Currently, Gate Group's Malta entity Gate Europe has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), continuously advancing its compliance layout in Europe and strengthening its infrastructure capabilities in institutional payments, fiat channels, and cross-border settlement. As the industry moves towards a higher level of compliance and institutional development, Gate will continue to deepen global industry collaboration and promote the integration of digital assets and traditional finance.

Galaxy Research monitored that a physical Casascius Bitcoin minted between 2011 and 2013 (denomination of 25 BTC, approximately 1.78 million USD) had its private key extracted and completed an on-chain withdrawal.It is reported that Casascius Coin is an early physical collectible of Bitcoin, which contains real BTC private keys sealed inside. Holders can extract the assets after peeling off the anti-counterfeiting hologram sticker. This series was discontinued in 2013, and there are still tens of thousands of BTC sealed in unopened Casascius physical coins.

SpaceX has successfully launched the redesigned Starship, completing an important testing mission before the company's IPO. During this test flight, Starship V3 was launched from Texas Starbase and successfully deployed 22 test satellites, marking a key advancement for SpaceX in the development of a new generation heavy-lift launch system. Although there were still some engine failures and uncontrolled landings of the first-stage booster during the flight, SpaceX believes that the overall testing objectives have been largely achieved.Reports indicate that Starship V3 will become the core launch platform for future Starlink expansion, NASA's lunar missions, and Mars plans. Previously disclosed information shows that SpaceX has invested approximately $15 billion in the Starship project, and the market generally views the testing progress of Starship as one of the important valuation support factors for SpaceX's potential IPO.

Ripple CEO Brad Garlinghouse stated that the next two weeks will be a critical window for advancing cryptocurrency legislation in the United States.He pointed out that if the Senate Banking Committee fails to complete the bill review in the near term, the probability of the bill passing will "significantly decrease," especially with the midterm elections approaching, as related issues may become further politicized. Currently, the U.S. is pushing for the first federal-level cryptocurrency regulatory framework, involving the regulatory division of responsibilities between the SEC and the CFTC. Although the House version has passed, progress in the Senate has been relatively slow, but recent compromises around stablecoin yield issues may bring a turning point for advancement this month.

According to Arkham monitoring, the Binance SAFU fund address successfully bottomed out, holding 15,000 BTC currently valued at $1.21 billion, with an unrealized profit of about 20%, worth approximately $200 million.It is reported that the Binance SAFU fund has completed a $1 billion Bitcoin purchase plan, holding 15,000 BTC valued at $1.005 billion (calculated at the price when transferred to the SAFU fund).

Microsoft had evaluated the possibility of acquiring the AI programming tool company Cursor, but ultimately did not proceed with the deal. Subsequently, SpaceX quickly reached an agreement to obtain an option to acquire Cursor at a valuation of $60 billion, with a $10 billion penalty for cancellation if the acquisition is not completed.Cursor is currently an important player in the AI programming sector, benefiting from the strong demand for automated programming tools from developers. Competition in this field has become increasingly fierce, with OpenAI and Anthropic being major players. On the other hand, Microsoft is facing multiple pressures, with its stock price down 10% this year, underperforming its peers in the hyperscale data center sector.