Legend, a mobile DeFi app backed by Andreessen Horowitz and Coinbase Ventures, will shut down on 12 July after failing to reach enough users to stay viable despite raising $15 million.

The US Treasury sold $25 billion worth of 30-year bonds on Wednesday, clearing at a yield of 5.046%, according to BeInCrypto. This marks the first time since 2007 that 30-year debt was issued with such a high yield. The auction follows recent US inflation reports indicating rising price pressures due to the US-Iran war. Secondary-market yields also rose, with the 30-year hitting an intraday high of 5.05% and the 10-year benchmark reaching 4.49%. Markets are now pricing in a 55% probability of a Federal Reserve rate hike by April 2027.

U.S. President Donald Trump and Chinese President Xi Jinping held discussions on Thursday focusing on enhancing agricultural trade and improving oil flows, according to a White House official. Bloomberg posted on X, highlighting the significance of these talks in the context of ongoing trade negotiations between the two nations. The summit aimed to address key economic issues and strengthen bilateral relations. Both leaders expressed a commitment to fostering cooperation in these sectors, which are crucial to the economies of both countries. The discussions are part of broader efforts to resolve trade tensions and promote mutual economic growth.

Huahong Semiconductor's Chairman and President, Dr. Bai Peng, commented on the company's first-quarter 2026 performance, noting the increasing role of artificial intelligence and related applications in the industry's development and market dynamics. According to Jin10, the global semiconductor industry is rapidly evolving, driven by AI's significant impact on market demand, intertwined with ongoing uncertainties in the global supply chain landscape. Huahong Semiconductor remains committed to its strategic goal of being a leader in specialty process wafer foundry, continuously focusing on market needs, enhancing process capabilities, and expanding production capacity. In the first quarter, the company's 12-inch capacity ramped up steadily, with its revenue share rising to 62.7%, while the 8-inch production line maintained strong profitability. Meanwhile, the proposed acquisition of Huali Microelectronics has been accepted by the Shanghai Stock Exchange and is under substantive review, with completion expected in the second half of this year.

Turkey's Central Bank Governor stated that the current monetary stance is appropriate given the present circumstances. According to Jin10, the governor emphasized that all options will be considered in the next decision-making process, and the decision will be based on the trajectory of inflation.

市场涨得越猛，下跌的理由就越难找——但风险并没有消失，只是藏得更深了。

Ripple's Chief Legal Officer, Stuart Alderoty, has called for clear regulatory guidelines for cryptocurrency holders in the United States. According to Foresight News, Alderoty emphasized that 67 million Americans currently own cryptocurrencies, and each senator on the Senate Banking Committee represents these holders. He highlighted that these individuals include construction workers, retirees, small business owners, and parents from various income levels, industries, and states across the country. Alderoty argued that they deserve clear rules, strong consumer protection, and a regulatory framework that fosters responsible innovation in the U.S.

Bitcoin traders have seen their unrealized profit rate increase to 17.7%, marking the highest level since June 2025. According to Odaily, data from CryptoQuant indicates this significant rise in unrealized profits among Bitcoin traders.

沃什6月首秀面临关键抉择，是否提交利率预测将暴露其政策立场！弃权或成规避特朗普压力、推动制度改革的策略选择。

参议院银行委员会发布了一份长达309页的CLARITY法案修订稿，并定于14日进入审议表决程序。新版解决了1月法案受阻的各项症结，但同时新增多项实质性条款，值得密切关注。

The Pi community is exploding with anger after the project released its latest KYC update. Pi network is infamous for its rigorous verification process, with only 30% success rate of passing the project's KYC process .

An X user said they recovered about 5 Bitcoin worth nearly $400,000 after being locked out of an old wallet for years, with help from Claude AI.

稳定币法案的“特洛伊木马”，布雷顿森林体系3.0与美元霸权的数字延伸。

AI智能体或许会抹平肌肉记忆构筑的竞争壁垒，但无法撼动业务逻辑与认知语境所形成的护城河。

美国参议院以54票对45票——美联储主席确认史上最微弱的优势，通过了沃什的任命，标志着美国央行数十年来最具争议的领导层更迭。

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