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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.

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

According to Jinshi, the Federal Reserve accepted a total of $5.718 billion from 6 counterparties in its fixed-rate reverse repurchase operations.

According to PR Newswire, AI infrastructure company Neurometric AI announced the completion of a $4 million financing round, with participation from Betaworks, ex-Ante, Everywhere.vc, and others.The company disclosed that it has officially launched an automated Token engineering platform to optimize the cost and performance management of AI Agent workloads, and the new funds will be used to expand the engineering and AI research teams.

The predictive market analysis platform Polysights announced the completion of a $1.5 million financing round, with investors including YZi Labs S3, Maven 11 Capital, Varys Capital, Contribution Capital, and Edge Ventures.Polysights is building an automated and intelligent infrastructure for predictive markets. According to reports, Polysights is based on artificial intelligence technology and is aimed at individual traders and various institutions, enabling wallet-associated cluster screening, market anomaly detection, and the ability to analyze various trading strategies in predictive markets.

According to Jinshi, the Federal Reserve accepted a total of $4.534 billion from 7 counterparties in its fixed-rate reverse repurchase operation.

According to the Chosun Ilbo, 22 Bitcoins that were previously held by the Gangnam Police Station in Seoul during the investigation of a financial hacking case have been lost, amounting to approximately 2.2 billion won at the latest market value. The investigation revealed that the Bitcoins involved were stored in an offline wallet held by the complainant, and individuals who knew the mnemonic phrase subsequently restored and liquidated them externally.

Nate Geraci, president of ETF Store, posted on platform X that Atlas Capital, involving "Dr. Doom" Nouriel Roubini, is planning to launch digital tokens backed by ETFs listed in the United States. Nate Geraci cited relevant statements saying, "Bitcoin and other cryptocurrencies are not real currencies; we need better collateral, higher quality reserve assets, and more reliable value storage tools." Geraci believes that given Roubini's long-standing critical stance on cryptocurrencies, his involvement in launching products related to digital assets is of significant symbolic importance and is a noteworthy industry trend.

According to Onchain Lens monitoring, James Wynn is in a state of a series of liquidations. He has been partially liquidated again due to a 40x leveraged Bitcoin short position.

According to Techstartups, AI infrastructure startup Upscale AI announced the completion of a new round of financing totaling $190 million, with investors including NVIDIA and Salesforce Ventures. After this round of financing, the company's valuation reached $2 billion.This round of financing is part of its Series A extension, bringing Upscale AI's total financing to $500 million, led by Premji Invest, with new investors such as Temasek and Seligman Ventures participating, while existing shareholders including Maverick Silicon, Mayfield, Prosperity7 Ventures, StepStone Group, and Tiger Global continue to invest.Upscale AI focuses on building network infrastructure for large-scale AI clusters, attempting to solve the "computing power interconnection bottleneck" problem in AI training and inference. The company is developing a full-stack AI network architecture covering chips, systems, and software, aiming to create an open standard network interconnection solution suitable for large-scale AI workloads.The company stated that as the scale of AI clusters continues to expand, network performance is becoming a key limiting factor affecting GPU utilization and training efficiency. Inefficient interconnection can directly lead to wasted computing power and increased training costs. Currently, Upscale AI has begun collaborations with several hyperscale cloud providers and "new cloud" infrastructure providers for evaluation and deployment, but has not disclosed specific client information.Analysts point out that investment in AI infrastructure is spreading from the model layer to the underlying hardware and network layers, with network interconnection becoming one of the most关注的 key infrastructure tracks following GPUs.

Micron Technology and Anthropic announced a new agreement, covering collaboration in memory and storage AI architecture design, supply and demand coordination, Micron's internal adoption of Claude, and Micron's strategic investment in Anthropic's Series H financing.

According to official news, the "social wallet" project ANT.Fun announced the completion of approximately $5 million in strategic financing through the AntFun token, with investors including several Web3 institutions such as MH Ventures, Zerra Venture, Zuala Capital, X21 Digital, and Becker Ventures.The project is building a mobile application on the Solana public chain that integrates "social + Alpha trading," supporting voice discussions, opportunity discovery, and one-click trading. The team claims that its protocol has consistently ranked among the top ten in Solana's revenue, and will accelerate the development of social financial infrastructure, cross-community functions, and an artificial intelligence Alpha strategy discovery engine.

According to Nikkei News, on June 19, the Financial Services Agency of Japan announced a partial business suspension order for moomoo Securities, requiring it to suspend the solicitation and acceptance of new account openings from June 19 to September 18, for a period of three months. At the same time, the regulatory authority also issued a business improvement order, requiring the company to clarify the responsibility attribution, including that of management, and to develop a rectification plan to prevent recurrence.It has been disclosed that moomoo Securities engaged in improper conduct, such as making false statements to clients regarding the applicability of the Japanese Individual Savings Account system (NISA). Additionally, there are multiple internal management issues, including a long-standing lack of suspicious transaction verification and reporting, as well as insufficient cybersecurity measures. moomoo Securities is a subsidiary of Futu Holdings in Japan.

According to South Korean media SBS Biz, South Korea is considering allowing various parties, including exchanges and fintech companies, to participate in the upcoming virtual asset overseas remittance business system. This system is expected to be implemented in December this year. Relevant individuals revealed that the government has recently begun drafting the implementation details of the partial amendment to the Foreign Exchange Transaction Act and is reviewing the registration requirements for virtual asset transfer businesses.The core content of the amendment is to include cross-border virtual asset transfers within the regulatory framework of the Foreign Exchange Transaction Act, defining it as "virtual asset transfer business." Companies intending to engage in virtual asset transfer business must register with the Office of the Minister of Economy and Finance of South Korea and report relevant information through the foreign exchange computer network of the Bank of Korea when cross-border transfer transactions occur. Previously, cross-border virtual asset transactions had been outside the foreign exchange regulatory framework, raising concerns that these transactions could be used for illegal foreign exchange trading or money laundering activities. This system improvement aims to incorporate virtual asset transfer transactions into the management and regulatory system.