Yu Yuantan wrote in an article: Recently, there has been a lot of discussion about the "backdoor" of the H20 chip. Professionals say that functions such as "tracking and positioning" and "remote shutdown" can be fully realized technically. Following these functions, Tan Zhufa discovered that the United States had a systematic consideration of opening a "backdoor" for artificial intelligence chips. The U.S. also specifically mentioned that if companies cooperate with the U.S. government to install a "backdoor", the U.S. government can exempt them from export controls, including relaxing exports to "Chinese low-risk customers". Considering this information, when the U.S. government allows NVIDIA to export H20 to China, it is somewhat chilling. (Yu Yuantan)

Lloyds Bank believes that the minutes of the June meeting of the Federal Reserve to be released next Wednesday are expected to not change the market's expectation of keeping interest rates unchanged at the July meeting, with a rate adjustment more likely in September. The Fed's dot plot still expects two rate cuts this year, but there is a clear division among policymakers, ranging from three rate cuts to no change.

the team of the interoperability protocol Hyperlane shared their upcoming token airdrop plan scheduled for the end of this month on Thursday. The airdrop will start on April 22, and users can check if they are eligible to claim HYPER tokens through the portal website provided by the Hyperlane Foundation before April 13. This token distribution will mainly target the community, with 57% of the supply allocated to users, while the remaining circulating tokens will be distributed to the core team (25%), investors (10.9%), and the foundation's treasury (7.1%).

According to monitoring, the whale trader who previously made a profit of $6.83 million by longing BTC and ETH with 50x leverage on the Hyperliquid platform, switched to shorting 20 minutes before the US stock market opened, opening a $13.45 million Bitcoin short position.

 Diao Daming, a professor at the School of International Relations of Renmin University of China, said that Musk announced the establishment of the so-called "American Party", which needs to meet the basic requirements of the US federal government for the establishment of a new political party. These requirements include two main aspects: first, there must be enough party members and supporters; second, a certain amount of funds is required. After meeting these conditions, it is necessary to register with the US Election Commission. Only after successful registration can this political party be officially established. At the same time, if this newly established political party wants to participate in elections in various states in the future, it also needs to meet different requirements in each state. The most basic requirement is to collect a certain number of signatures of voters in each state, generally tens of thousands, to prove that this political party has a certain political influence in that state before it can participate in the election in that state. With Musk's vast resources and organizational structure, solving these procedural problems is not difficult. (CCTV News)

according to Hong Kong media Hong Kong Commercial Daily, the second largest stablecoin issuer in the world, Circle, was listed on the New York Stock Exchange on June 5th, with a more than 5-fold increase in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, and Huaxing Capital invested in Circle in 2018. Analysis points out that the "iPhone moment" of stablecoins is rapidly approaching investors at a visible speed, and it is widely believed that stablecoins are expected to reshape the global payment and financial landscape.

according to Cointelegraph citing Agence France-Presse, Pavel Durov, the founder of the instant messaging application Telegram, has been granted permission by a French court to leave France and has now returned to Dubai.

The concept stocks of US cryptocurrency collectively soared, with Bit Origin rising by more than 380%, Strategy by more than 15%, CleanSpark and MARA Holdings by more than 11%.

Michael Saylor, the founder of Strategy, once again released information related to the Bitcoin Tracker and stated that if you keep buying Bitcoin, you will keep making money. According to the previous pattern, Strategy always discloses information about increasing Bitcoin holdings on the second day after the release of relevant news.

Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, said on the 6th that Hong Kong stocks rose by 18% last year, and the momentum will continue to be positive towards 2025. The number of cases applying for IPOs in Hong Kong is rapidly increasing, with fundraising in the first half of the year exceeding HK$107 billion, an increase of about 22% compared to the full year of last year, temporarily ranking first in the world. Chan said that during the recent rise in Hong Kong stocks, funds mainly favored technology stocks, driving a significant increase in trading of derivative products related to technology stocks. "Exchange Traded Products" (ETPs) linked to different types of assets have become a strong force supporting the liquidity of Hong Kong stocks in recent years, effectively playing a role in buffering liquidity during market fluctuations.

according to Arkham monitoring data, Grayscale transferred 16,247 ETH worth $28.63 million from its Coinbase Prime Deposit address to Coinbase hot wallet address.

According to Lookonchain monitoring, a newly created wallet withdrew 900 BTC from Binance 30 minutes ago, worth 83.81 million US dollars.

according to Bithumb data from the South Korean exchange, the 24-hour trading volume of the SOON token reached $200 million, surpassing Ethereum to become the second largest cryptocurrency asset on the platform.

On July 6th, it was reported by multiple American media outlets that Elon Musk is brewing an action that could reshape the political landscape of the United States. It is reported that he is pushing for the creation of a new political party called the "American Party". Different from the traditional national layout of third parties, Musk plans to focus on 2 to 3 Senate seats and 8 to 10 House seats, targeting key districts where victory is on a knife-edge.

Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), once again posted information about the Bitcoin Tracker on X platform, this time writing: "Sometimes all you need to do is HODL." Typically, the day after he posts information about the Bitcoin Tracker, he will disclose Strategy's Bitcoin holdings data.

According to ai_9684xtpa monitoring, a new address has opened a position of 6 million LAYER, approximately $5.74 million, and has now become the 6th largest address in terms of on-chain holdings.

 according to Cointelegraph, Unicoin CEO Alex Konanykhin revealed that despite the Trump administration's support for the crypto position, US financial institutions such as Citibank and JPMorgan are still unreasonably closing accounts of crypto companies. Unicoin and its subsidiaries have been terminated by four banks this year, including Wells Fargo, City National Bank of Florida, and TD Bank.

according to Cointelegraph, Ethereum co-founder Vitalik Buterin and Ethereum researcher Toni Wahrst?tter jointly wrote proposal EIP-7983, which proposes to set the Gas limit for a single Ethereum transaction to 16.77 million.

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According to Lookonchain monitoring, a dormant whale wallet deposited 1,250 BTC to Binance 4 hours ago, currently valued at approximately $114.96 million.