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According to The Defiant, the defunct DeFi yield protocol Stream Finance has begun collecting potential creditor information through an online form in preparation for "potential global solutions." Stream first revealed its intention to liquidate in May. The debt structure is complex: direct holders of xUSD, xBTC, and xETH are one class of creditors, while institutional lenders (curators on Euler, Morpho, Silo, Gearbox) accepting Stream tokens as collateral are another.Research institution Yields and More estimates the direct debt exposure to be approximately $285 million, with the largest curator TelosC accounting for about $124 million and Elixir for about $68 million (which represents 65% of its deUSD stablecoin reserves). Stream has collected claims information but has not committed to a specific compensation plan, and the priority of creditors has yet to be determined. Stream is also involved in legal disputes with former operator Caleb McMeans.Last November, Stream disclosed that external fund managers had lost approximately $93 million in assets, leading to the de-pegging of xUSD and freezing about $160 million in deposits. xUSD is currently quoted at approximately $0.08, down about 92% from its pegged price.

According to Crypto in America, the U.S. Senate will recess until July 13, and the advancement of the CLARITY Act depends on the progress of behind-the-scenes coordination over the next two weeks. Staff from both parties, government officials, and industry stakeholders are working to resolve remaining differences, including reconciling text discrepancies between the Banking Committee and the Agriculture Committee, as well as reaching consensus on ethical standards and provisions to combat illegal financial activities.The bill requires the support of at least 60 senators to pass. Even if all 53 Republican votes are in favor, at least 7 Democratic senators will need to join; the support of the majority of Democrats may depend on whether the White House can agree to establish a strong ethical framework regarding issues related to Trump's cryptocurrency business. According to Reuters, since Trump's return to the White House, his cryptocurrency business has generated over $2 billion in new wealth for him.Additionally, major law enforcement groups still oppose the inclusion of provisions from the Blockchain Regulatory Certainty Act in the bill, arguing that it would increase the difficulty of investigating and prosecuting on-chain crimes. Remaining discrepancies in the Agriculture Committee's text include issues such as the prioritization of federal law over state law, management of conflicts of interest in exchanges, and restrictions on related-party transactions. Sources indicate that the parties have not yet reached a final agreement, and there remains uncertainty about whether the Senate vote can be completed before the August recess.

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.

According to Reuters, the Austrian government has proposed that the EU consider bringing the AI company Anthropic into its territory to address the U.S. restrictions on foreign users accessing advanced AI models.In an open letter to the EU Commissioner for Technology, Austrian Secretary of State for Digitalization Alexander Proell called on the EU to jointly explore Anthropic's strategic layout and participation in Europe, and to provide it with legal protection, market access, and capital support. He emphasized that Europe must ensure it is not excluded from major technological innovations and strive to become the architect of the technological future rather than a passive recipient.It is reported that the European Commission proposed relevant legislation earlier this month aimed at boosting the local cloud computing, AI, and semiconductor industries to reduce dependence on U.S. tech giants. Currently, Anthropic has not responded to this proposal.

Binance founder CZ recently accepted an interview with CoinDesk, sharing his views on multiple topics. CZ attributes the 2026 crypto bear market to a combination of three factors: the shift of funds to the AI sector, geopolitical tensions, and the four-year cycle pattern.Regarding the strategy for Binance.US, CZ expressed a desire for the platform to access the liquidity of Binance Global to strengthen its competitiveness in the U.S. market. He also revealed that although his previous trip to Washington, D.C. was to clarify misunderstandings about himself and Binance, he believes that the violation of the Bank Secrecy Act has not harmed his business reputation. CZ clearly stated that he will not take the helm of a crypto trading platform again and prefers to participate in the operations of his investment companies in an informal advisory capacity.In terms of crypto regulatory legislation, negotiations on the U.S. "Clarity Act" are still ongoing, but core ethical clause disagreements remain unresolved, and any agreement requires the president's signature. The Senate has only 20 working days left before September 1, and the legislative window continues to narrow.

The decentralized trading platform Oxium on the Sei network announced that it will gradually cease operations.The team stated that due to the long-term adverse market environment, the platform's revenue can no longer support ongoing operations, and therefore, they have decided to shut down related services. Among them, the Oxium front-end interface will officially go offline on August 1, 2026.Oxium reminds users to cancel any unfilled orders, close existing positions, and withdraw assets in a timely manner before the interface shuts down.The team also emphasized that user assets are always controlled by the users themselves and are not held on the platform. Even after the front-end interface is closed, users can still access and retrieve their funds directly through smart contracts.

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.

The trading platform Gate's full-link large model management platform Gate.AI has recently completed an upgrade, launching a one-stop large model routing service for enterprises and developers. The platform is now connected to over 200 mainstream large models worldwide, supporting the two major protocols of OpenAI and Anthropic. Enterprises can access different model resources through a single API, achieving unified access and management, thereby reducing development, operation, and migration costs.Combining intelligent routing and comprehensive enterprise governance, Gate.AI achieves optimal matching of heterogeneous models and high business availability through intelligent routing and an automatic fallback mechanism. In terms of governance and security, the platform has built a multi-level unified management system that includes organizational structure, role permission control, members, and API keys, reinforcing privacy protection with zero data retention (ZDR) and data processing agreements (DPA). Additionally, through refined cost governance measures such as shared quota pools, it helps enterprises achieve efficient, standardized, and transparent operation of AI resources.As an important part of Gate's Intelligent Web3 strategy, Gate.AI is continuously improving the construction of an open AI platform, further promoting the large-scale application of AI in practical business scenarios by connecting global model resources and enterprise-level governance systems. In the future, Gate will continue to deepen its efforts in model access, intelligent routing, enterprise governance, and application innovation, creating a full-link open AI ecosystem to provide long-term support for the intelligent upgrade of global enterprises.

Gate announces the launch of a new USD ecosystem and upgrades its two major product modules, Gate Pay and Exchange, further integrating USD asset management, capital flow, and digital asset usage scenarios. Currently, this feature is gradually being opened to users. After updating the app to version 8.24.0 or above, users can manage USD assets, recharge USD, trade digital assets, withdraw USD, and transfer funds between accounts within Gate. Through the new USD account, users can hold and manage USD assets and directly use their USD balance to participate in digital asset trading.At the same time, Gate Pay has completed a product design upgrade, optimizing the display of accounts, assets, and capital flow, enhancing the clarity and smoothness of fund management. Both the Gate App and Gate Pay now support USD recharge and withdrawal functions. Users can recharge USD to the platform via SWIFT bank wire transfer and withdraw USD funds to their bank accounts. Meanwhile, users can also directly use their USD balance to purchase cryptocurrencies or sell their held crypto assets with one click to exchange for USD balance, achieving convenient conversion between USD assets and digital assets.This upgrade by Gate aims to integrate USD asset management and digital asset usage processes into the same product system, covering core aspects such as recharge, trading, withdrawal, and fund transfer, providing global users with a more efficient one-stop USD fund service. In the future, Gate will continue to expand the usage scenarios of USD assets and fiat currency service capabilities, continuously providing global users with a more convenient and efficient fund management experience.

The latest report from Binance Research shows that the on-chain tokenization of real-world assets (RWA) has grown by 589% since the beginning of 2025, now exceeding $31.4 billion, further expanding from $21.5 billion at the beginning of 2026, and growing approximately fivefold since the beginning of 2025. The main drivers of growth come from bonds and money market funds, which together added about $6.5 billion, an increase of 83%. Tokenized U.S. Treasury bonds, money market funds, gold-backed assets, and tokenized listed stocks are the main driving forces behind this round of growth. Although the base for tokenized stocks is relatively small, the growth rate is particularly remarkable, indicating that issuing institutions are testing whether blockchain tracks can support the circulation of a broader range of traditional securities.Analysts point out that this round of RWA growth differs from the previous narrative of the crypto market dominated by speculative trading or DeFi yields, and is more closely linked to traditional financial infrastructure, focusing on institutional needs such as settlement efficiency, collateral liquidity, and programmable asset services. However, compared to the global bond, money fund, and stock markets, which are worth tens of trillions of dollars, $31.4 billion is still a drop in the bucket. The report indicates that the key to the next phase of growth lies not in the issuance of tokens themselves, but in the improvement of liquidity depth, legal enforceability, custody standards, and access to secondary markets. The regulatory framework remains the core bottleneck restricting further expansion of scale.

According to Jinshi reports, Goldman Sachs has lowered the risk of an economic recession in the United States within the next 12 months to 15%, down from a previous forecast of 25%.

The MiniMax M 3.0 free computing power event launched by the B.AI platform on June 18 is now in the countdown phase and will end in 3 days. It is reported that new users who log in to the platform for the first time through Binance Wallet or Bitget Wallet can receive a reward of 1 million free Credits.In addition, during the event, the platform offers a recharge cashback mechanism. Users can receive a 1:1 equivalent Credits bonus for recharging on the BNB Chain, and a 1:0.5 ratio bonus for recharging on other public chains, with a maximum cumulative bonus limit of 100 USD equivalent per user. According to the information, the MiniMax M 3.0 model previously ranked first in the Artificial Analysis open-source model leaderboard.

IBM CEO Arvind Krishna recently expressed serious doubts about the massive capital expenditures by competitors in the pursuit of Artificial General Intelligence (AGI) during an interview. Krishna estimates that the current cost of building a 1-gigawatt data center is about $80 billion; if the entire industry deploys 100 gigawatts of computing power to achieve AGI, total capital expenditures could reach $8 trillion. He pointed out that this means companies would need to generate $800 billion in profit just to cover interest, making it fundamentally impossible to achieve a return on investment from a business logic perspective.Additionally, Krishna believes that the probability of achieving AGI relying on currently known large language model (LLM) technology is extremely low (only 0% to 1%), unless there are fundamental technological breakthroughs in integrating knowledge with LLMs. Despite his pessimistic view on the short-term realization of AGI, he still acknowledges that generative AI will unleash trillions of dollars in productivity value for enterprises.

According to Jinshi reports, the United States and Iran announced an immediate and permanent end to military operations on all fronts, including Lebanon. The United States will fully end its maritime blockade against Iran within 30 days.

The DeFi lending protocol Ionic Protocol announced on platform X that due to the ongoing impact of a security breach incident that occurred in 2025, the project has been forced to immediately cease all operations, and all users need to withdraw their assets from various deployments as soon as possible. Ionic Protocol added that this closure decision was "without choice," and relevant services have now entered the termination process.

Bitget announced the integration of the AI trading platform MATRIX[ON] under ClaudeTrader™. Users can access a professional trading environment that integrates AI analysis, risk management, and market intelligence with one click, without the need to manually configure APIs or migrate data across platforms, achieving a seamless connection from market access to intelligent decision-making.MATRIX[ON] consolidates tools that were previously scattered across multiple platforms or limited to professional institutions into a single interface, covering whale tracking, clearing monitoring, hedge execution, account health analysis, and AI-driven market intelligence, providing traders with a complete view of market conditions and risk assessment.MATRIX[ON] CEO Kyriacos Adamantos stated that true trading analysis tools have long been limited by high costs or institutional barriers, and through this collaboration, every trader worldwide can gain equal access to top-tier tools.

According to the Financial Times, informed sources revealed that JPMorgan Chase has stopped its Hong Kong employees from accessing Anthropic's AI models. Currently, the bank's Hong Kong employees can no longer call models like Claude from the internally approved large language model dropdown list.It is reported that this decision is primarily based on the specific wording of the usage terms in the licensing agreement between JPMorgan Chase and Anthropic. According to the relevant terms, the usage scope of Anthropic's models excludes the Greater China region (including Hong Kong). Earlier this year, Goldman Sachs also implemented similar access restrictions for its Hong Kong employees based on a strict interpretation of these terms.Although international institutions previously could usually circumvent regional restrictions by signing global contracts and hosting data overseas, compliance actions among Wall Street banks are tightening as the U.S. government and regulatory agencies increasingly scrutinize the overseas use of AI technology. Anthropic has previously made it clear that its Claude model has never been officially "supported" in Hong Kong.

The B.AI platform will offer a limited-time free experience of the MiniMax M3 model starting from June 18 at 15:00 (SGT). This model has topped the Artificial Analysis open-source leaderboard, featuring native multimodal capabilities and a million-level ultra-long context, efficiently handling long documents, complex codebases, and video content. During the event, new users can log in to B.AI through Binance Wallet or Bitget Wallet to receive 1 million free Credits; additional recharge will enjoy point rewards, with BNB Chain recharges enjoying a 1:1 equivalent bonus, while other methods enjoy a 1:0.5 equivalent bonus, with a single user able to receive up to $100 worth of additional points. The countdown has begun, stay tuned.

Bitget officially launched the AI trading strategy workflow layer GetAgent Playbook, marking the first time the Agent Harness framework is available to users. Users can select, preview, configure, and launch AI trading strategies from the Agent Playbook strategy library without having to write prompts themselves, all running in an isolated sub-account with auditable operations and transparent processes. Currently, this feature is available to GetAgent Plus and Pro users.Bitget CEO Gracy Chen stated that AI trading is evolving from Q&A to workflows, with prompt configuration being the biggest source of complexity. The Playbook allows users to easily transform trading ideas into Agent runnable and adjustable strategies through a ready-to-use strategy library (Agent Playbook).As of now, Bitget's AI trading tools have attracted over 1 million users, with a cumulative trading volume exceeding $1.2 billion. The Agent Hub covers 9 major modules and 57 tools, supporting read-only mode, simulated trading environments, and Agent exclusive sub-accounts, completely isolating agent operational permissions from the main account, and integrating the entire business chain of spot trading, contracts, copy trading, and wealth management, while exclusively supporting trading of tokenized assets in the US stock market.

According to the official announcement, Binance Wallet has launched the Web3 API, which is a comprehensive set of API endpoints that allows developers, institutions, and advanced on-chain traders to access on-chain trading and market data through a single integrated programming interface.The API supports multiple chains (including Ethereum, BNB Smart Chain, Plasma, Arbitrum, Polygon, Base, Monad, Optimism, Linea, and Solana), providing real-time market data, aggregated exchange quotes, and on-chain trading execution capabilities.Key features include: market data API (real-time token prices, K-line data), trading API (aggregated quotes, token exchanges, built-in MEV protection), non-custodial architecture (does not hold private keys, user local signing), and enterprise-level reliability.Currently, there are zero service fees and zero slippage fees, with all price improvements returned to users. This API is suitable for developers building DApps, on-chain trading bots, and AI agents.