Qualcomm shares rose 1.6% in a brief upward move. According to Jin10, the stock saw a short-term lift in its price.

A prototype device is set to run a proprietary operating system that integrates artificial intelligence technology from SpaceX’s xAI, according to people familiar with the matter. According to Jin10, The Wall Street Journal reported that the prototype has a sleek design and is thinner than the iPhone. The report said the device will use a Qualcomm Snapdragon chipset.

CAS Space Technology Co. updated its STAR Market IPO prospectus on the Shanghai Stock Exchange website on June 29 and disclosed full-year 2025 financials, while private rocket peer LandSpace also updated its STAR Market filing the same day, according to Jiemian News. Exchange information shows CAS Space’s IPO application was accepted on March 31, 2026, and it received review inquiries on April 15, 2026; its review status remains “in inquiry.” CAS Space reported revenue of RMB 77.72 million in 2023, RMB 244 million in 2024 and RMB 277 million in 2025, with rocket launch services contributing 97.5% of 2025 revenue. The company posted a net loss attributable to shareholders of RMB 1.119 billion in 2025 and nearly RMB 2.5 billion in cumulative net losses over 2023-2025; operating cash flow was negative for a third straight year at RMB -865 million in 2025. CAS Space said it plans to raise RMB 4.18 billion, with 52.21% earmarked for R&D of a large reusable launch vehicle, and management forecasts profitability in 2029 under optimistic and base-case assumptions, or 2030 under a conservative case.

Plaid Inc., which provides a network that helps fintech apps connect to customers’ financial accounts, is considering a US initial public offering, according to people familiar with the matter, Bloomberg reported.

Spain’s National Securities Market Commission has authorized cryptocurrency platform Venga to operate under the EU’s Markets in Crypto-Assets Regulation (MiCA), making it one of a small number of MiCA-approved entities in Spain. According to Odaily, MiCA’s transition period took effect on July 1, requiring digital asset companies that previously operated under national rules to obtain formal approval under the new regime or stop providing regulated services in the EU. The authorization allows Venga to offer services across the EU’s market of 27 member states under a single regulatory framework. Venga co-founder and CEO Michael Stroev said the MiCA review covers areas including ownership structure, corporate governance, management suitability, risk frameworks, and product infrastructure. The report said more than 3,000 crypto companies in the EU previously held local virtual asset service provider registrations, while about 240 companies have now received full MiCA authorization. It added that fewer than 15 companies in Spain have been approved.

Iran said the United States violated commitments under a U.S.-Iran memorandum of understanding and announced plans to set up an oversight group to review alleged breaches. According to Jin10, Iranian Deputy Foreign Minister and head of Iran’s technical negotiating delegation Gharibabadi said Iran raised and reviewed what it described as a U.S. violation of Article 1 of the memorandum, which he said concerned a commitment to end the fighting in Lebanon. Gharibabadi said the Iranian delegation made the remarks during a trilateral meeting involving Iran, Qatar, and Pakistan held in Doha on July 1. He added that the talks also discussed reports about the United States strengthening regional military equipment and troop deployments, as well as what he described as threatening and interventionist statements by U.S. officials. He said Iran emphasized during the meeting that the commitments in the memorandum should be treated as an integrated package and should not be viewed in isolation. Gharibabadi said Iran would form a supervisory team and use direct communication channels to report on and review alleged violations related to the memorandum.

European Central Bank Governing Council member Yannis Stournaras said the unexpectedly large drop in energy prices and slowing euro-zone inflation suggest the ECB may not need to build on June’s interest-rate increase, according to Bloomberg.

In 2011, Bitcoin stood in two worlds simultaneously for the first time: one world focused on hashes, private keys, blocks, computing power, and the longest chain; the other world focused on exchanges, drugs, donations, law enforcement, password leaks, user losses, and public opinion.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Stablecoins, Circle, OUSD: From Circle to OUSD: The Offense and Defense of the Stablecoin Sector - Jinse Finance. In the stablecoin sector, who are the original startup teams?

Artificial intelligence: A 30 million yuan investment in Suzhou 18 years ago has grown into the lifeblood of AI. Golden Finance: Suzhou's most profitable investment occurred during the global financial crisis.

This could be the beginning of a shift in stablecoins from being "issuer-driven" to being "payment network-driven".

Ten years is too long, seize the day. I hope people will remember me as a "Crypto Guy".

On the first day of the second half of 2026, the stablecoin market saw a rare change: stablecoin company Open Standard announced the launch of Open USD (OUSD), which has gained support from more than 140 companies.

MiCA, Binance, Crypto Market, MiCA Officially Cleared Out: From Binance's Suspension of EU Services to the Era of Crypto Market Licensing (Golden Finance, July 1, 2026) - The EU MiCA transition period ends.

We used loan-grade data from Prosper Marketplace to examine how monetary policy institutions shape FinTech lending and found that FinTech lending behavior exhibits systematic differences across different monetary policy environments and borrower types.

Binance and its founder, Changpeng "CZ" Zhao, have been hit with a nearly £150 million lawsuit in the United Kingdom, adding to the crypto exchange's growing regulatory challenges across Europe.