Odaily Planet Daily News Infini Lianchuang (@0xsexybanana) posted on the X platform: 1. Infini will no longer do the to C card business. The reason is that the compliance cost is extremely high, the profit is extremely thin, and the operation is extremely heavy. (Oh, I forgot that it is easy to be laughed at by the industry bottom) We have made strategic adjustments and removed the to C card part of the business. At present, the to C card business occupies 99% of the time and cost, and contributes 0 income. 2. Financial management, deposit and withdrawal are normal. Financial management and asset management business have become the focus. The financial management Yu'ebao function is stable at about 5% apr. 3. The current path of crypto card is still offramp ut and uc and then realize the payment path from stable to fiat through the traditional payment network. It is too tortuous, too long, and too expensive. Without subsidies, it is difficult to match the rate and cashback of web2. And I have always said that u card is not the ultimate solution for web3 pay with stablecoin. It's a bit like the Apple Nano was eventually replaced by the iPhone. 4. The company, team, and brand have not changed. Like Teacher Yishi, I have been following the old U-card path for a year and found that it is still not worth doing. When I first started Infini in July last year, I learned a lot from Teacher Yishi. As a result, after a year, the conclusions are the same. I feel very emotional. 5. At present, Infini is a centralized product. We will fully embrace decentralization in the future. Think about embracing decentralized payment solutions. We will definitely not follow the old centralized path.

OpenAI awarded $200M defense contract to enhance AI in national security tasks. source: https://coincu.com/343703-openai-200m-us-defense-contract

Eric Trump, the executive vice president of The Trump Organization, denied any involvement with Justin Sun's Tron (CRYPTO: TRX) venture on Monday, which is purportedly planning to go public in the U. S. source: https://www.benzinga.com/crypto/cryptocurrency/25/06/45965595/eric-trump-says-he-doesnt-have-public-involvement-in-justin-suns-mstr-type-public-venture-but-admits-hes-a-fan-of-tron-and-its-founder?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Odaily Planet Daily News Web3 wallet Bitget Wallet has reached a cooperation with LINE NEXT and its Kaia chain to support its first ecological token issuance and chain game incentive plan, and launched the "LINE Ecological Month" series of activities. The official TGE Viral Campaign was launched simultaneously by LINE and multiple TGE project parties, including games such as Fate War, LARVA Survival and Slime Miner. Bombie launched the token TGE as the first project. This BOMB token TGE will be exclusively supported by Bitget Wallet. Users can receive it directly in the wallet and enjoy a 100% bonus and free gas experience. The LINE Mini Dapp Ecological Month event started on June 16, and joined Bombie, Fate War, TOFU Story, StarAI, DarkStar and other popular chain games to set a total prize pool of US$500,000, and update the tasks and game lineup every two weeks. Bitget Wallet will continue to support the launch of more TGE projects in the future, providing users with a one-stop blockchain game participation and asset interaction experience.

CoinShares filed with the SEC to launch a spot Solana ETF on Nasdaq, becoming the 8th firm to seek approval for exposure to the asset. source: https://cryptonews.com/news/coinshares-solana-etf-filing-8th-firm-to-bet-on-sol/

According to PANews, OpenAI has been awarded a $200 million one-year contract by the U.S. Department of Defense to pilot the application of artificial intelligence in administrative and security tasks. This marks the first major project for OpenAI's newly established 'OpenAI for Government' division, which aims to explore AI's use in areas such as military healthcare and cybersecurity. The division is also integrating its collaborations with NASA, the National Institutes of Health, and the Air Force Research Laboratory.

Bitcoin is up 3% in the past 24 hours, trading at $108K. XRP also saw a boost, rising 3% to $2. 25 after a 7% rally yesterday source: https://coinpedia.org/news/xrp-mid-year-price-forecast-how-high-could-it-climb/

Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the latest report from CoinShares, a total of $584 million exited crypto-focused investment vehicles, pushing the two-week cumulative outflows to $1. 2 billion. This movement coincides with investor uncertainty surrounding the likelihood of interest rate cuts by the US Federal Reserve this year, which James Butterfill, Head of Research at CoinShares, believes is contributing to waning sentiment in the market source: https://www.newsbtc.com/news/crypto-funds-hit-with-record-outflows-but-altcoin-buyers-smell-opportunity/

The model anticipates steady yearly growth, with 2025 expected to range between $1. 18 and $4. source: https://coindoo.com/ai-predicts-major-long-term-growth-for-cardano/

Odaily Planet Daily News Infini issued a statement in the Telegram group, announcing today that it will officially stop its Infini Card service, including Global Card, Lite Card and Tech Card will be suspended from use and new applications from now on. Although the card service is terminated, core functions such as top-up, withdrawal and Earn income will remain normal, and user assets will remain safe and controllable. In order to properly deal with this adjustment, Infini will automatically refund the actual card opening fee paid (excluding the discount part) to the account balance for all affected users, which is expected to arrive within 10 working days without additional operation. About refund processing: In-transit refunds will be returned to the Infini account within 5-21 working days; For refunds that have not been received for more than 21 days and the relevant forms have been submitted, Infini will continue to follow up and return them to the account balance as soon as possible. Infini said that if users have questions or need to know more about the progress, they can contact the team through the customer service in the App or join the official Telegram community.

PumpFun’s official X account was suspended just days before a planned token airdrop, with no clear reason given, though reports suggest it may relate to the use of unauthorised APIs and suspicious activity. The platform also faced criticism over alleged pump-and-dump behaviour, risky token tools, and unusual fund movements, fuelling concerns about transparency and compliance.

Eric Trump, the son of US President Donald Trump will be taking on a leadership role at TRON after Nasdaq-listed SRM Entertainment announced on Monday that it will be creating a Tron corporate treasury valued at up to $210 million.

The only question you need to ask a stablecoin issuer is: how will they distribute their product?

The Trump Organisation will launch Trump Mobile in August, selling US-made phones at $499 with service on major networks and perks like telehealth and free international calls. But is the president prioritising profit over governance?

Bitget has partnered with UNICEF Luxembourg on a three-year initiative to boost blockchain literacy and STEM skills among girls in eight countries, empowering them to engage in the digital economy and shape the future of blockchain.

Golden Finance launches the 2727th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

Stablecoins are upgrading from cross-border payment channels to financial infrastructure platforms. This article analyzes their transformation logic as a new infrastructure and the path for reshaping the industry in the next decade.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Transactions involving Justin Sun’s digital asset project were handled by an investment bank linked to Trump’s son.

At the beginning of 2025, the blockchain industry welcomed the launch of several new public chains with high attention, each claiming to have a unique value proposition. Six months later, the data reveals a worrying picture after the launch.