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According to a report from Hongxing News, an investigation report leaked from a scam park in Myanmar shows that global telecom fraud is accelerating towards an "AI industrialization + cross-border encrypted payment" system. The scam network completes fund circulation through cryptocurrency and uses automated tools based on large models for multi-language script generation, identity disguise, and emotional manipulation.According to the investigation analysis, these systems extensively utilize OpenAI's ChatGPT and Google's Gemini at the functional level to support "scaled social fraud." The funding side achieves rapid laundering and transfer through on-chain payments and cross-border channels, forming a dual structure of "AI customer acquisition + encrypted settlement," which gives the fraud industry a high degree of automation and transnational diffusion capability. In addition, Starlink, owned by Musk, has become the number one network service provider for the scam park in Myanmar, with American ISP providers carrying nearly one-fifth of the park's traffic.In response to the related accusations, OpenAI stated that the behavior of scammers using ChatGPT is highly similar to that of ordinary users, making identification difficult. However, they have banned about 100,000 suspicious accounts monthly through behavioral pattern recognition and risk control systems. Google stated that its AI models have safety barriers in place and emphasized its commitment to "responsible AI development" to limit the tools' use for fraud and other illegal purposes.

According to official news, the crypto-native cross-border financial platform Offramp, primarily aimed at freelancers in Latin America, will cease operations.As of July 1, functions such as transfers, QR code payments, deposits, and investments have been disabled. Starting July 31, Offramp will stop fiat currency deposits and withdrawals as well as cryptocurrency deposits, and will disable physical and virtual cards and stop the operation of the mobile application. On September 30, Offramp will stop cryptocurrency withdrawals, and by December 31, the remaining functions will be disabled, officially ceasing operations.

According to Onchain Lens monitoring, as the price of ANSEM continues to rise, its market capitalization has surpassed 350 million dollars.At the same time, the ANSEM assets held by crypto KOL Ansem are currently valued at over 204 million dollars.

Paymentscan data shows that the total recharge amount of cryptocurrency payment cards has surpassed $10 billion for the first time, reaching approximately $10.33 billion, an increase of 82% since the beginning of the year and about 250% year-on-year. This data reflects the cumulative recharge scale of cryptocurrency payment cards and related payment projects, rather than the trading volume of cryptocurrency exchanges.Reports indicate that stablecoins are becoming the main driving force behind the popularity of cryptocurrency payment cards. Compared to volatile assets like Bitcoin, stablecoins can complete payment settlements through traditional card networks, lowering the access threshold for merchants and making them more suitable for cross-border payments, remittances, and daily consumption scenarios in high-inflation areas.As payment companies, cryptocurrency exchanges, and asset management institutions continue to improve stablecoin infrastructure, cryptocurrency payment cards are gradually becoming an important gateway connecting digital assets to real-world consumption. However, as the scale of application expands, regulatory agencies will also pay more attention to issues such as consumer protection, sanctions screening, tax reporting, reserve asset transparency, and transaction monitoring.

According to the official report, the Dutch Public Prosecution Service (OM) has applied to the Rotterdam court to declare the cryptocurrency trading platform Knaken Cryptohandel B.V. and its subsidiary Stichting Knaken Payments bankrupt.OM stated that the Dutch Authority for the Financial Markets (AFM) had previously warned that the platform was illegally providing exchange and custody services for crypto assets without the necessary licenses. Although the platform claims to have ceased operations and is undergoing liquidation, it has currently completely stopped making payments to customers. OM is concerned that its liquidation process lacks order and may harm investors' interests, thus applying for bankruptcy, aiming to appoint a liquidator to take over and safeguard creditors' funds.In addition, based on the report from AFM, the Dutch Financial Intelligence and Investigation Service (FIOD) has launched a parallel investigation into the alleged criminal activities of the platform. Law enforcement executed multiple searches on June 29, seizing relevant digital storage devices and freezing some of the company's assets, with no arrests made so far.

According to The Block, influenced by the maturation of the crypto market and the rapid development of emerging technologies, several leading crypto venture capital firms are shifting their investment focus from the pure crypto sector to a broader "frontier technology" track, involving AI, robotics, fintech, and biotechnology.It is reported that Framework Ventures and Haun Ventures have recently raised $400 million and $1 billion funds respectively to support cross-domain layouts; Paradigm is planning to raise up to $1.5 billion for a frontier technology fund; and the former Binance incubator YZi Labs has also ventured into the fields of AI and biotechnology.Industry investors analyze that the core reasons for this strategic shift are the demand for capital deployment brought about by the expansion of fund sizes, the decrease in high-quality pure crypto projects, and the increasing integration of adjacent technologies such as blockchain and AI. Some venture capitalists predict that as cryptocurrencies gradually integrate into a broader technology ecosystem, the exclusive label of "crypto VC" may gradually fade, and the market will ultimately differentiate into large multi-strategy investment funds and a few vertical investors focused on digital assets. However, some institutions like a16z Crypto and Dragonfly still insist on deepening their investment strategies in the pure crypto sector.

In the past 24 hours, the cryptocurrency derivatives market experienced massive liquidations, with a total liquidation amount of approximately $1 billion, and Ethereum's liquidation amount exceeded that of Bitcoin. At the same time, Bitcoin contract open interest rose for the second consecutive day to 778,000 BTC, with a sharp increase in open interest at the end of Thursday indicating that Bitcoin traders are adding short positions in a downtrend. In contrast, Ethereum contract open interest has remained stable at around 14 million ETH since June 15, and Ethereum traders have not actively shorted during the decline.The 24-hour cumulative trading volume difference adjusted for open interest shows that short positions continue to dominate among the top 25 cryptocurrencies, with only BNB, SOL, and TON as exceptions. Meanwhile, the 30-day annualized implied volatility index for Bitcoin surged to 53%, the highest since June 7; the volatility index for Ethereum rose to 66%. In the cryptocurrency options market, last week the skew for Bitcoin options approached 30%, with significant premiums for put options. In large trades, put options with a strike price of $53,000 expiring on July 10 have appeared, reflecting strong demand for downside hedging.

According to Deribit data, a nominal value of $11.32 billion in cryptocurrency options will expire, including:· BTC options with a nominal value of $9.68 billion, put/call ratio of 0.75, and maximum pain point of $72,000;· ETH options with a nominal value of $1.64 billion, put/call ratio of 0.56, and maximum pain point of $2,000.

According to CoinDesk, major lobbying organizations in the U.S. cryptocurrency industry jointly sent a letter to the House Ways and Means Committee, urging the advancement of the "Tax Clarity for Mining and Staking Act," advocating for tax treatment options for cryptocurrency miners and staking income recipients. The bill was introduced by Republican Congressman Mike Carey, and its core content allows taxpayers to choose the timing of taxation when they receive new mining or staking assets—either paying taxes at the time the assets are generated or deferring taxes until the final sale.Industry associations, including the Blockchain Association, Digital Chamber, and Crypto Council for Innovation, have expressed support, arguing that the current tax system may force users participating in network security maintenance to bear tax burdens before they have realized the assets. Supporters claim that the proposal does not provide "indefinite deferral," but rather avoids immediate taxation on income that has not yet realized liquidity, thereby alleviating cash flow pressure on miners and validators.However, Democratic lawmakers and some external critics are concerned that this mechanism could be exploited by large mining companies for long-term tax deferral, especially in the context of some publicly listed or politically connected companies participating in mining operations, raising potential policy arbitrage disputes. Meanwhile, the industry's focus remains on the broader "Digital Asset Market Structure Act" (Clarity Act), but tax issues have become the second key battleground, expected to continue advancing in tandem with regulatory framework legislation in the coming weeks.

According to Forbes, in the 2026 U.S. Congressional primary elections, the Democratic PAC "Protect Progress," supported by Coinbase, Ripple, and Andreessen Horowitz, is making a large-scale intervention in several Black district primaries. The PAC invested over $4.9 million in Maryland candidate Adrian Boafo, helped Christian Menefee in Texas defeat anti-crypto Congressman Al Green (spending over $5 million), and invested about $4 million in Georgia to support Jasmine Clark's victory.The related campaign advertisements did not mention the cryptocurrency industry background. Journalist Joy Reid characterized this operation as "Blackwashing"—delivering funds from the crypto industry to Black districts under the guise of progressiveness while deliberately hiding the identity of the funders.Analysts point out that the core logic of this network is not based on race, but rather on supporting allies and suppressing critics, with the ultimate goal of influencing the legislative direction of the pending "Digital Asset Market Clarification Act" (CLARITY Act).

Microsoft's Threat Intelligence team has announced a Windows clipboard trojan threat that has been active since February 2026. This malware combines "worm-like propagation + clipboard hijacking + Tor anonymous communication" to target digital asset users for attacks.

The cryptocurrency wallet service provider Exodus, listed on the US stock market, announced its operational data for May, revealing that it increased its holdings by 27 bitcoins last month, bringing its total bitcoin holdings to 656; it also increased its holdings by 1,439 SOL, with the current SOL holdings reaching 20,673, but reduced its holdings by 439 ETH, decreasing its Ethereum holdings to 1,433. In addition, Exodus processed $383 million in cryptocurrency transactions in May, up from $347 million in April, with monthly active users reaching 1.5 million, unchanged from the end of April.

According to Globenewswire, the publicly listed cryptocurrency wallet service provider Exodus announced its operational data for May, revealing that it increased its holdings by 27 Bitcoin last month, bringing its total Bitcoin holdings to 656; it also increased its holdings by 1,439 SOL, with current SOL holdings reaching 20,673, but reduced its holdings by 439 ETH, decreasing its Ethereum holdings to 1,433. In addition, Exodus processed $383 million in cryptocurrency transactions in May, up from $347 million in April.

According to a report by Crowdfund Insider, the first public report released by the G7 Central Bank Quantum Technology Working Group (QTWG) indicates that quantum computing technology could have a profound impact on the global financial system, particularly posing structural challenges in the fields of data encryption and cybersecurity. The working group was established in 2025, co-led by the Bank of France and the Bank of Canada, with members including the Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan, and major central banking institutions from Germany, Italy, and others.The report points out that although quantum computers capable of breaking encryption have not yet emerged, there is a general belief in the industry that the likelihood of their appearance within the next decade is increasing, which poses potential risks to existing financial infrastructure that relies on traditional encryption algorithms. One core risk is referred to as the "collect now, decrypt later" strategy, which involves the long-term storage of currently encrypted financial data, with the intention of decrypting it once quantum computing capabilities mature, potentially threatening the long-term data security of the financial system.The report recommends that financial institutions in various countries proactively compile a list of their reliance on encryption systems and gradually assess the feasibility of transitioning to post-quantum cryptography, while also strengthening inter-agency coordination to reduce systemic risk exposure. In terms of opportunities, quantum computing is expected to enhance the computational capabilities of financial institutions in areas such as risk modeling, portfolio optimization, macroeconomic forecasting, and stress testing, but its practical application still depends on technological maturity and scaling progress.Analysts believe that this report marks the beginning of G7 central banks systematically incorporating quantum technology into their financial stability assessment framework, which may drive long-term upgrades of global financial infrastructure at the encryption and computational architecture levels.

The crypto game studio Uncharted announced that due to the inability to find a suitable fit between crypto game products and market business, the team and its Web3 game Fishing Frenzy will officially cease operations.It is reported that the game server will officially close at 2 AM UTC on June 25. Currently, the trading functions for related tokens and gift packs in the game have been suspended. The official team will later provide refunds and asset redistribution for players based on snapshots.

According to The Block, the monthly transaction volume of crypto venture capital has dropped to about 50 transactions, the lowest level since before 2021. The two historically most active sectors, infrastructure and crypto financial services, have both fallen to multi-year lows. The massive shift of investor attention towards the AI sector, combined with a shortage of early high-quality project supply, is the main reason for the decline in transaction volume.Despite the drop in the number of transactions, the total amount of financing remains relatively high, showing a "few large amounts" characteristic—recently, the prediction market platform Kalshi completed a $1 billion financing, which is a typical example. Analysts point out that the current low-noise environment is actually a window period for projects with clear use cases and real traction. Whether a recovery can be achieved in the second half of 2026 will depend on whether new sectors beyond prediction markets and financial infrastructure can form a consensus for large-scale investment.

ZeroTier CEO Andrew Gault stated that the potential threat of quantum computing to the Bitcoin industry may not be limited to the security of wallet private keys; encrypted communication and authentication data between institutions also face long-term risks.

According to Cointelegraph, the monthly payment volume of crypto-linked debit and credit cards has increased by about 230% compared to last year, with a cumulative transaction volume of $7.8 billion this month, reflecting the rapid adoption of crypto payment products.Visa occupies about 90% of the crypto card transaction share by collaborating with on-chain native companies like Jupiter Global. OKX launched a stablecoin payment card based on the Mastercard network in Europe this January, with supermarket shopping being the largest consumption category, accounting for about 26%, followed by restaurant spending at 18% and online shopping at 13%. OKX stated that the payment truly materializes when cryptocurrency is used to pay for lunch.In March this year, Visa announced plans to launch stablecoin-linked payment cards in over 100 countries in collaboration with Bridge, a subsidiary of Stripe, with the first batch supporting 18 countries, including Argentina, Colombia, and Mexico.