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According to Cointelegraph, the Federal Reserve Board (Fed) announced that a16z co-founder Marc Andreessen will join the "Productivity and Employment" working group led by Federal Reserve Chairman Kevin Warsh, responsible for studying the impact of artificial intelligence and emerging technologies on economic growth, the job market, and production efficiency.The working group also includes Stanford University economics professor Charles I. Jones (currently on leave at Anthropic) and Microsoft Executive Vice President and Xbox head Asha Sharma.

According to Bloomberg, the venture capital firm Paradigm, focused on the cryptocurrency sector, has raised approximately $1.2 billion and plans to increase its investment in artificial intelligence (AI) related projects.According to informed sources, this fundraising will focus on AI infrastructure, AI Agents, and the integration of AI with blockchain technology. Paradigm hopes to capture the next wave of technological innovation through the new fund and expand its investment footprint in emerging technology sectors.Founded in 2018 by Matt Huang and Fred Ehrsam, Paradigm is one of the leading cryptocurrency venture capital firms in the industry, having invested in several blockchain projects including Coinbase and Uniswap.This fundraising indicates that after experiencing previous market cycle adjustments, crypto capital is refocusing on the intersection of AI and blockchain. With the rapid development of AI agents, decentralized computing, on-chain data infrastructure, and other areas, more and more crypto investment firms are beginning to see AI as an important growth opportunity for the next stage.

According to Jinshi reports, Federal Reserve Governor Waller stated that if the forward guidance is "too rigid or inflexible," it may become an obstacle to policy implementation.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Felix Auger-Aliassime vs Alejandro Davidovich Fokina," the sub-market "Wimbledon ATP: Felix Auger-Aliassime vs Alejandro Davidovich Fokina" saw a dramatic fluctuation in the winning probability for the option "Felix Auger-Aliassime," dropping from 60.5% an hour ago to the current 39.5% (a fluctuation of 21%). Please note the impact of related breaking news.

According to Bloomberg, citing informed sources, SK Hynix Inc. is considering paying underwriting fees of approximately 0.5% of the total fundraising amount to investment banks participating in its U.S. listing project. This deal is expected to become one of the largest stock issuances in history.Informed sources stated that although SK Hynix has indicated plans to issue new shares equivalent to a maximum of 2.5% of the company's total equity, the final issuance scale has not yet been determined, which will directly affect the amount of underwriting fees that the investment banks will ultimately receive.Additionally, SK Hynix may also pay extra discretionary bonuses to the investment banks involved in the transaction, beyond the basic underwriting fees. Informed sources mentioned that discussions are still ongoing, and the final agreement details may still change.

According to reports from South Korean media, Samsung Electronics' foundry business is accelerating its expansion in the global AI chip market. Following last year's acquisition of Tesla's AI chip orders, Samsung is currently advancing production cooperation for customized chips (ASIC) with Meta and Anthropic.It is reported that Meta is negotiating a next-generation ASIC design and production contract with Samsung worth over 10 trillion Korean won. Meta's third-generation AI accelerator "MTIA" plans to shift from TSMC to large-scale production using Samsung's advanced 2-nanometer process, with early chip architecture design being jointly conducted by Samsung's System LSI division to align with its rapid six-month development cycle. In addition, the American AI company Anthropic is also evaluating the use of Samsung's 2-nanometer process to develop exclusive ASICs, aiming to advance the internalization of its AI infrastructure.Industry insiders point out that with the influx of AI chip orders from global tech giants, along with ongoing negotiations for automotive chip foundry agreements with BYD, Samsung's foundry business is expected to approach a medium to long-term order reserve of 50 trillion Korean won, and is likely to turn a profit in operating income in the fourth quarter of this year.

The chat application XChat under X has been launched on the Google Store, allowing users to directly chat privately with X friends after installation.Previously, XChat was launched on the App Store on April 25.

According to Fortune, the crypto venture capital firm Framework Ventures announced the completion of its fourth fundraise, totaling $400 million. The investors include endowment funds from Ivy League schools, sovereign wealth funds, and non-profit organizations, though the specific names have not been disclosed. Framework co-founders Vance Spencer and Michael Anderson stated that the new fund will invest in the field of "cutting-edge technology," which includes not only crypto but also areas such as AI, robotics, and energy. Currently, about half of the funds from the fourth fund have been deployed.Framework Ventures was established in 2019 and initially focused on investments in the DeFi sector, participating in early rounds of leading protocols such as Aave and Chainlink. Previously, it completed fundraises of $100 million and $400 million for its second and third funds in 2021 and 2022, respectively.

According to Axios, cryptocurrency payment company MoonPay announced the acquisition of AI accounting startup Entendre, which focuses on providing intelligent accounting solutions for businesses using stablecoins and other digital assets.MoonPay CEO Ivan Soto-Wright stated that after this acquisition, the company will continue to seek more merger and acquisition opportunities to further expand its business landscape.

According to Sonic Labs' official statement, the company has made significant adjustments in its board, leadership, and operational direction. Michael Kong, Andre Cronje, and David Richardson will resign from their positions on the Sonic Labs board, but all three will retain their investments in Sonic and fully transfer their responsibilities, though they will no longer make business decisions for the organization.Sonic Labs also announced that Matt Visser will serve as CEO, and Kosta Kourkoumelis will serve as COO. The primary task of the new management is not to announce a roadmap, but to enforce operational discipline and regain trust. Matt Visser stated, "I am not here to promise an immediate turnaround. I will make Sonic better by 1% every day and let it compound."Sonic Labs indicated that the current token price and community sentiment are both low, and the next 100 days will be regarded as a new first day, with the goal of achieving small improvements daily and allowing them to compound. Sonic Labs is committed to promoting transparent governance, establishing a dedicated risk and compliance committee, prioritizing the community, and reducing vague announcements while providing clearer progress updates.On the technical side, Sonic Labs stated that the engineering team's progress has not been affected. Since 2026, 400 valid pull requests have been merged into the GitHub main branch, two official releases have been published, and major version 2.2.0 is under development, with six candidate versions released so far, and a private testnet has gone live and is undergoing intensive testing.

ChainCatcher, regarding the incident of OKX employees leaving to join Binance, OKX founder Star tweeted that over the past few years, many excellent OKX colleagues have joined other companies in the industry, including Yuki. We are proud of them for gaining recognition and favor from competitors, and we sincerely wish them success in their future development.OKX has hundreds of former employees from BN, including regional CEOs, product leaders, technical leaders, and many outstanding business and functional colleagues. They have brought valuable experience, perspectives, and input to OKX and have made significant contributions to the company's development. More importantly, they have deeply integrated with the OKX team and become part of OKX's culture and success. We have never treated this matter as marketing material to hype up.Talent mobility within the industry is a normal phenomenon and a sign of industry maturity. What truly matters is not where people come from, but whether they can continuously create value. Of course, for the very few who violate laws, business integrity, and professional ethics, we will take resolute measures and legally protect the company's legitimate rights and interests."A company that constantly talks about its vision, where the founder even in writing a book does not forget to heavily belittle former employees including the former CFO and former Asia head, is often the one with the least vision," Star said.Previously, according to RootData, former VIP account manager of OKX Yuki left to join Binance as a key account manager, sparking discussions among many crypto KOLs such as KuaiDong.

According to monitoring by Lookonchain, the crypto KOL and Instagram influencer Andrew Tate, who has been liquidated 107 times, has returned and opened a long position of 57.36 BTC (3.76 million USD) with 40x leverage, with a liquidation price of 65,215.87 USD.

According to a report by Reuters, informed sources revealed that the U.S. government has currently postponed adding Chinese AI startup DeepSeek, memory chip manufacturer Changxin Storage (CXMT), and more than 100 other companies marked as "national security risks" to the U.S. Department of Commerce's trade blacklist (entity list). The report pointed out that this move by the Trump administration aims to avoid escalating tensions with Beijing.It is reported that the aforementioned companies had already received approval for inclusion from the U.S. interagency committee last year, but the Department of Commerce has not publicly announced any new additions to the entity list since October of last year, marking the longest update stagnation period in over a decade. In addition, some other Chinese companies marked as potential sanction targets for allegedly providing equipment related to Russian drones, selling restricted Nvidia chips to Chinese universities, or manufacturing unmanned devices for the Chinese military have also not been formally included on the list.

According to Nikkei Asia, due to the surge in demand for AI infrastructure leading to tight advanced chip capacity at TSMC, companies such as BYD, Google, AMD, and Tesla are increasingly turning to Samsung Electronics for chip foundry services.Insiders revealed that BYD is negotiating with Samsung to produce future generations of autonomous driving chips; Google is exploring the possibility of Samsung manufacturing the next-generation Axion processor and some TPU chips expected to launch in 2028; AMD is also in talks for Samsung to produce some future CPUs starting in 2028. Additionally, Tesla's upcoming AI6 chip will also be produced at Samsung's Texas factory.Industry insiders pointed out that although Samsung still lags behind TSMC in chip yield, its available capacity advantage is making it an attractive option. At the same time, due to TSMC's capacity constraints and geopolitical factors, an increasing number of Chinese and American companies are adopting a diversified supply chain strategy to spread orders among multiple foundries.

According to data from CryptoRank.io, in the second quarter of 2026, only $58 million was raised through methods such as Initial Exchange Offerings (IEO), Initial Coin Offerings (ICO), and Initial DEX Offerings (IDO), a decrease of 85% compared to the previous quarter. The number of fundraising projects also plummeted from 105 in Q1 to 37, a year-on-year decrease of 65%.In May, only 13 public fundraising events occurred, the lowest level since December 2020. Since peaking in the first quarter of 2025 (with $849 million raised across 429 projects), the public fundraising market has remained sluggish.