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According to The Defiant, data shows that Pump.fun has repurchased over $400 million worth of PUMP tokens, covering approximately 145.5 billion PUMP. The repurchase plan started in July 2025 and has continued for a total of 346 days. Since April, Pump.fun has used 50% of its net income for repurchasing and burning tokens, with the remaining income allocated for operations, hiring, and acquisitions.Since the platform launched in January 2024, it has generated approximately $1.13 billion in expenses and $1.05 billion in revenue, but expenses have dropped to about $23.5 million in the last 30 days.

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.

FameEX Exchange, which just celebrated its 8th anniversary, will hold a side event, AI Agents Night, with GAEA Ventures during Tokyo WebX 2026.Today, AI Agents are evolving from conversational models into on-chain autonomous executors, handling intent parsing, multi-step transactions, and dynamic asset allocation. This event will bring together Web3 founders, investors, and developers to discuss the future of cross-ecosystem collaboration and AI-driven trading architecture.

The Ethereum Layer2 project Taiko announced that the attack path that occurred on June 21 has been blocked, and the related fixes have been reviewed by independent security experts, ensuring that user funds will not suffer losses.The team has developed a four-step restart plan: the first step is to deploy the fix and confirm the final state of the chain is correct, ensuring there are no forged checkpoints or claim paths that can be exploited by attackers, which will be reviewed by the Security Council; the second step is to replenish the cross-chain bridge funds, ensuring that L2 assets are fully backed 1:1, and that anyone can verify on-chain; the third step is to restore network operation, reopening transfer, exchange, and trading functions on L2; the fourth step is for the Security Council to submit a proposal to lift the suspension of the cross-chain bridge after confirming that the chain can achieve stable final confirmation and the network operates stably.Users will then be free to transfer funds between Taiko and other chains, and the team will implement a conservative withdrawal limit as an additional safety measure, but it is expected that there will be no restrictions on users' normal asset transfers.

On June 29, WEEX announced that the platform has launched the $GetRichQuick 0 transaction fee event: New users who net recharge 100 U and have their first transaction as GetRichQuick/USDT spot can receive a reward of 10 USDT; both new and existing users whose $GetRichQuick spot trading volume reaches 100 U can participate in sharing a prize pool of 10,000 USDT based on trading volume rankings; invite friends to participate in this event to earn up to 1,000 USDT in rewards. Event time: 6/26 18:00 - 7/3 18:00 (UTC+8).

According to a report by 21 Finance, Huang Zhenxin, the head of Kimi B-end at Moonshot AI, stated in a recent communication meeting that there is indeed a bubble in the current AI industry, but the fundamentals are very solid. Enterprises can now clearly calculate the return on investment (ROI), and the substantial transformation in productivity brought by AI has already occurred.Regarding the recent phenomenon of widespread price increases among model vendors, Huang Zhenxin pointed out that the core reason lies in the rising global computing power costs, and chip production capacity cannot meet the explosive growth in Token demand. He emphasized that evaluating the cost-performance ratio of models should not only look at the unit price of input and output but should also focus on the Cache hit rate. It is reported that Kimi's original factory Cache hit rate has reached over 90%, significantly reducing actual computing costs.In addition, Huang Zhenxin revealed that Kimi will continue to challenge innovations in underlying architecture to sustain the Scaling Law, and its Muon optimizer, which has been validated on a large scale, is now widely adopted by several mainstream large models in the industry. Regarding the "last mile" of enterprise AI implementation, he believes that as the foundational capabilities of models continue to strengthen, the technical paradigms at the application layer will also continue to simplify.

The South Korean government has announced significant project plans in the areas of chips, physical artificial intelligence, and artificial intelligence data centers. South Korean President Lee Jae-myung stated that it is necessary to ensure the development of artificial intelligence elements faster than other countries, and chip production construction must be completed as soon as possible.The current factory site selection is nearing its limits in terms of water resources and other infrastructure. The southwestern region will invest between 50 trillion to 200 trillion won in the new projects, while Gwangju and Jeolla may invest 52 trillion won in the projects. Regarding the detailed planning for the factories, the South Korean government announced that it is expected to build four chip factories in the southwest, with an investment of about 800 trillion won; Samsung Electronics and SK Hynix will each build two new factories; it is expected that investment in the chip sector will reach at least 300 trillion won over the next 15 years, including next-generation memory, edge artificial intelligence, and defense.Investment in the chip packaging cluster in the Chungcheong region is expected to reach 81 trillion won. It is anticipated that approximately 55 trillion won will be invested in the construction of artificial intelligence data centers. The South Korean government expects to double DRAM production capacity within five years, and the global memory market is expected to quadruple in five years. The South Korean side also stated that it seeks to distribute the growth dividends to the public.

According to official news, the BNB Chain ecological autonomous AI economic infrastructure Astarter announced strategic support from institutions such as Vega Ventures, UZ Capital, Go2Mars, and BitBT Ventures, further strengthening the AI ecological layout. Astarter had previously received investment led by EMURGO, with strategic support from other institutions including MH Ventures, Avstar Capital, 316VC, CRT Labs, and Megala Ventures.It is reported that Astarter aims to build a full-stack infrastructure for AI intelligences on the BNB Chain, providing proprietary computing power, runtime execution, on-chain settlement, and identity capabilities for on-chain AI intelligences. The products include AI computing power nodes ABox, a decentralized exchange (DEX), Launchpad, and CORE intelligence layer, with the native token being AST. The Astarter mainnet and TGE are planned to launch in the third quarter of 2026. This strategic cooperation will further promote Astarter's development in computing power networks, products, and ecological aspects.

HP Inc. announced a strategic partnership with OpenAI to scale the deployment of the OpenAI Frontier platform across its global operations, aiming to accelerate the transformation of internal operations and enhance customer experience.According to the cooperation plan, HP will widely apply AI agents in several core business flows, including: self-service experiences for customers and partners, device health diagnostics and telemetry based on the Workforce Experience Platform (WXP), cybersecurity vulnerability analysis, and daily software development and code review.It is reported that HP began related testing in February 2026 and successfully utilized AI to significantly reduce the time costs of code testing and security vulnerability remediation. As a unified enterprise-level AI foundation, OpenAI Frontier will provide HP with capabilities such as shared context, permission governance, seamless integration across applications, and effectiveness evaluation, helping its AI strategy transition from initial technology pilots to full enterprise-level implementation.

According to Dr. Crossroads' analysis, Robinhood's event prediction market revenue is expected to surpass its traditional cryptocurrency trading revenue as early as the second quarter of this year. Data shows that as of June 25, Robinhood has recorded approximately 12.3 billion event contract trades in the second quarter. Based on the usual 1 cent per contract revenue share, this is expected to contribute at least $123 million in single-quarter revenue, pushing the annualized revenue rate (ARR) of this business to $500 million. In comparison, due to the decline in institutional trading volume, its cryptocurrency business revenue in the second quarter is expected to fall below the first quarter's $134 million.At the same time, Robinhood's newly launched prediction market platform Rothera has surpassed 900 million contracts traded in its first week, bringing nearly 60% of potential contract trading increment to the company. Through Rothera's full-stack self-research and vertical integration, Robinhood plans to change the current fixed model where users pay 2 cents per contract (with the company and partner exchanges each receiving 1 cent), reducing the new fee rate to a minimum of 0.6 cents. This move aims to sprint into the top three in the industry through core price advantages while retaining the economic benefits of trade execution entirely within its ecosystem while passing savings on to users.

According to BBX data, last weekend Japan's largest financial group completed the most important cryptocurrency acquisition, and U.S. bipartisan senators launched a new regulatory offensive against prediction market platforms. The core developments are as follows:SBI Holdings, Inc. (Tokyo Stock Exchange: 8473) announced the acquisition of the Japanese cryptocurrency exchange Bitbank (privately held) for approximately $289 million. After the transaction is completed, SBI's cryptocurrency business will surpass all competitors, creating Japan's largest cryptocurrency exchange. SBI Holdings is one of Japan's largest independent financial services groups, already owning cryptocurrency-friendly network bank SBI Shinsei Bank, cryptocurrency asset custodian SBI Digital Asset Holdings, and multiple Bitcoin mining and cryptocurrency venture capital investments. Bitbank is one of Japan's largest spot BTC exchanges and holds an official cryptocurrency exchange license from the Financial Services Agency (FSA) of Japan. This acquisition marks a shift for traditional Japanese financial institutions from "strategic trial" in the cryptocurrency sector to "scale acquisition dominance," alongside the joint stablecoin plan of the three major banks: Mitsubishi UFJ ($MUFG), Sumitomo Mitsui ($SMFG), and Mizuho ($MFG) (targeting March 2027), forming the most intensive wave of cryptocurrency layout in Japan's financial industry by 2026.U.S. Senators John Curtis (Republican, Utah) and Adam Schiff (Democrat, California) reported on June 28 that they jointly sent a letter to the CFTC, urging it to conduct a formal investigation into the prediction market platform Polymarket (privately held), citing a "concerning" investigative report regarding Polymarket's "deceptive marketing" practices, which accused it of systematic misleading in user acquisition and risk disclosure. This is the third regulatory offensive against prediction market platforms initiated by Congress this year (previously, the House Oversight Committee launched an insider trading investigation on May 22); the two senators come from different parties, which is significant. For Robinhood Markets, Inc. (NASDAQ: $HOOD), this investigation poses indirect pressure—Robinhood's prediction market/event contract business (which achieved a record daily trading volume in June) faces the same regulatory qualitative disputes as Polymarket; however, Robinhood's defensive advantage lies in its ongoing application for a CFTC Designated Contract Market (DCM) license, providing a clearer compliance path compared to Polymarket.

According to Chosun Biz, South Korea's Kiwoom Securities is seeking to acquire a stake in South Korea's second-largest virtual asset exchange, Bithumb. Both parties are discussing the issuance of new shares through a third-party allotment, with the specific equity ratio and investment scale still being coordinated.South Korean securities companies are rushing to enter the virtual asset industry ahead of the issuance of security tokens (STO) and the institutionalization of stablecoins; the Financial Services Commission of South Korea is also discussing the major shareholder equity regulations in the second phase of the virtual asset law, which will generally limit the shareholding ratio of major shareholders in virtual asset exchanges to 20%, with exceptions allowing up to 34%. Bithumb's largest shareholder, Bithumb Holdings, currently holds 73.56%, and if the relevant regulations are implemented, it will need to reduce its stake by more than 50 percentage points.

According to Onchain Lens monitoring, BitMEX co-founder Arthur Hayes purchased 6.16 million SYN (2.2 million USD) from FlowDesk.

According to official news, AI-assisted development of the Web3 infrastructure layer Canopy has completed a $8.5 million seed round financing, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital.The raised funds will be used to support its mainnet launch, expansion of the engineering team, and the development of native AI development tools.

According to official news, OpenAI has officially launched the preview version of the next-generation GPT-5.6 series models, including the flagship model Sol, the balanced model Terra, and the fast low-cost model Luna. GPT-5.6 introduces a brand new maximum reasoning effort and features a super strong mode that accelerates complex tasks through sub-agents.The flagship model Sol introduces the Ultra mode, which combines maximum reasoning intensity with sub-agent collaboration. In the Terminal-Bench 2.1 command line workflow test, Sol achieved a score of 88.8%, which increased to 91.9% in Ultra mode, surpassing GPT-5.5's 83.4% and Claude Fable 5's 88.0%. The mid-range model Terra performs close to GPT-5.5 while being priced at half, and the lightest model Luna is designed specifically for everyday automation tasks. Sol is priced at $5 per million input tokens and $30 for output, and it supports reducing secondary call costs by utilizing prompt caching.In terms of security, the security assessment confirmed that Sol did not exceed the critical thresholds of the Preparedness Framework cybersecurity. OpenAI has invested over 700,000 A100 equivalent GPU hours in automated red team exercises, equipping the entire series of models with a defense stack that includes rejection mechanisms, real-time abuse classifiers, and account-level audits. Although the current limited release follows the U.S. government's security framework, OpenAI emphasizes that it does not want a government-led access mechanism to become the long-term default model, as it would limit defenders' access to cutting-edge tools.

According to Jinshi reports, the Federal Reserve accepted a total of $6.426 billion from 8 counterparties in its fixed-rate reverse repurchase operations.