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6/17
11:49
Svmuu News: Receipts Depositary Corporation (RDC), an issuer of digital asset and alternative asset depositary receipts, announced the completion of a new $7 million funding round led by LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. The new funds are intended to accelerate the development of digital asset depositary receipt products and provide U.S. investors with compliant securitization products and infrastructure services across multiple asset classes. (PRNewswire)
11:46
Svmuu News: According to monitoring by PeckShield, the attacker’s address associated with the UXLINK attack has exchanged approximately 14.6 million DAI for 8,298.6 ETH. Subsequently, the attacker deposited 8,340 ETH into TornadoCash and bridged 2.64 ETH (approximately $4,630) from Ethereum to a BTC address. The attacker currently still holds 10.54 million DAI.
11:34
Svmuu News: The Digital Renminbi International Operations Center announced that, following adjustments to the digital renminbi measurement framework and an upgrade to the overall architecture of the infrastructure system, the three major business platforms—the Digital Renminbi Cross-Border Digital Payment Platform, the Blockchain Service Platform, and the Digital Asset Platform—have been upgraded to the “Shu Bi Da” Comprehensive Cross-Border Settlement Service Platform (Cross-border e-CNY Transfer Services, abbreviated as CBETS). To date, service agreements for direct participation have been signed with the first batch of 26 financial institutions.
11:32
Svmuu News: Coherent announced that it has signed a letter of intent with the U.S. Department of Commerce to secure up to $50 million in direct funding under the CHIPS and Science Act to expand its advanced manufacturing capacity for AI photonic chips.Coherent stated that this expansion will strengthen the U.S. domestic photonic chip supply chain, support the high-speed data transmission needs of AI computing infrastructure, alleviate communication bottlenecks caused by large-scale AI computing, and, in collaboration with NVIDIA, drive upgrades in optical networking and interconnect technologies for AI “data center factories.”NVIDIA previously announced a $2 billion investment in Coherent. (Semiconductor-Today)
11:23
Svmuu News: Re, a decentralized reinsurance protocol, announced that it has secured a strategic investment fromCoinbase Ventures. The specific investment amount has not yet been disclosed. This investment will support Re’s efforts to bring reinsurance capital onto the blockchain.
11:22
Svmuu News: According to AXIOS, sources say the U.S. and Iran are discussing moving up the signing ceremony for the memorandum of understanding (MOU), originally scheduled for Friday, to Wednesday. The MOU will be signed electronically, and the U.S. will release the text. No final decision has yet been made regarding the early signing of the U.S.-Iran agreement. (Jin Shi)
11:16
Svmuu News: According to MLM monitoring, the 80 million XPL (approximately $9.2 million) purchased by trader Technorevenant several days after the XPL token generation event (TGE) have yet to be sold, accounting for about 0.8% of the total supply. As the price of XPL has recently rebounded, the trader’s paper loss has narrowed from a recent low of approximately $91 million to about $86.6 million. Analysts believe that the size of this holding still exerts significant market influence among highly volatile tokens, and the prolonged inactivity of these tokens may continue to put pressure on secondary market liquidity and sentiment, or fuel expectations of potential selling pressure.
11:13
Svmuu announced its official rebranding to Verona and simultaneously launched its flagship product, “Ero,” marking the entry of its ecosystem into a new phase centered on application-driven growth and a closed-loop revenue model. Verona stated that the new economic model will consolidate revenue from both on-chain and off-chain ecosystems into a “buyback + burn” mechanism, which will be used to support token value capture and a deflationary structure. The platform’s revenue streams span seven major sectors, including revenue shares from ecosystem applications, validation fees, enterprise contracts, data reuse, AI agent interactions, enterprise intelligence services, and settlement reserve returns. Analysts point out that this model aims to integrate blockchain infrastructure, ad verification, and the AI agent economy into a unified revenue system, thereby strengthening the link between the token and real cash flow.
11:10
Svmuu News: Anthropic has announced the official opening of its Seoul office and, at the same time, revealed a series of partnership developments within South Korea’s AI ecosystem, encompassing large enterprises, startups, developer communities, and research institutions, to accelerate the expansion of enterprise-level applications for its Claude model in the Asian market. It is reported that companies such as LG CNS, Hanwha Solutions, and Samsung SDS are integrating Claude into their internal workflows and software development systems. Anthropic will also collaborate with the National AI Research Laboratory (NAIRL) in South Korea and various nonprofit organizations. Furthermore, the newly opened Seoul office will serve as the company’s long-term operational and talent recruitment hub for the Asian region.
11:09
Svmuu News: Temasek, Singapore’s sovereign wealth fund, is continuing to ramp up its investments in artificial intelligence with a total portfolio of approximately $75 billion, drawing market attention to the idea that “low-profile sovereign capital has become a key driver of the AI cycle.” Unlike venture capital firms and tech investors who make high-profile bets on AI, Temasek has long adopted a more prudent, diversified, and cycle-oriented investment strategy, rarely drawing market attention. However, during this AI cycle, it has continued to expand its allocations to infrastructure, computing power, and the AI application ecosystem. Analysts believe that compared to high-risk, high-profile investment firms, sovereign wealth funds like Temasek are more likely to serve as “stabilizers” for the long-term capital supply in the AI industry, continuously providing incremental capital amid cyclical fluctuations. (The Information)
11:04
Svmuu News: EarnOS, an on-chain digital advertising startup, announced the completion of a $6 million Pre-A funding round led by 1kx, with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures.In addition, EarnOS has secured a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support the app’s verification, user onboarding, and reward distribution systems.The company also announced a rebranding and stated that its L1 network will provide the underlying infrastructure for EarnOS to enable large-scale user authentication and task-based incentive mechanisms. (The Block)
11:01
Svmuu News: Crypto infrastructure company BitGo announced the launch of a stock buyback program worth up to $50 million to repurchase the company’s shares on the open market, through block trades, and via negotiated transactions, in an effort to support its stock price, which has been under sustained pressure. Following the announcement, BitGo’s stock price rose by approximately 20% at one point during intraday trading. The company stated that the buyback represents approximately 8% of its outstanding shares, is effective immediately, and has no fixed expiration date. Despite the notable short-term rebound, BitGo’s stock price has still fallen by about 65% since its initial public offering (IPO) in January of this year; the IPO price was $18, and the stock is currently trading around $6. (CoinDesk)
10:56
Svmuu News Donald Trump When asked how confident he was that the U.S.-Iran Memorandum of Understanding would be formally signed on Friday as previously stated, he gave a lengthy response but indicated that he believed Iran wanted to sign the agreement. Donald Trump said, “With agreements like this, you can never be 100 percent certain. But you’ll know the outcome very soon.I think it will be signed. They want to sign it; they want to return to normal life.” Donald Trump also stated that this agreement “is a very strong agreement.” He said: “This isn’t the kind of document that consists of just two paragraphs… It’s a very long, quite detailed memorandum that will ultimately be transformed into a formal ‘contract.’I think they’ll sign it; if they don’t, that’s fine too. We’ll just have to restart the entire process.” (Jin Shi)
10:54
Svmuu News: U.S. EIA Strategic Petroleum Reserve inventories for the week ending June 12 stood at -8.941 million barrels, compared to the previous reading of -7.927 million barrels. U.S. EIA crude oil inventories for the week ending June 12 fell by 8.263 million barrels, compared to an expected decline of 4.566 million barrels and a previous decline of 7.227 million barrels. For the week ending June 12, EIA crude oil inventories at Cushing, Oklahoma, were down 1.606 million barrels, compared to the previous reading of -0.801 million barrels. (Jin Shi)
10:53
Svmuu News: Wang Yi, Member of the Political Bureau of the CPC Central Committee and Minister of Foreign Affairs, held a telephone conversation with Iranian Foreign Minister Araghchi on the 17th at the latter’s request. Araghchi briefed Wang on the details of the Phase One Memorandum of Understanding reached between Iran and the United States and expressed his sincere gratitude for the positive role China has played in advancing the negotiations and reaching the agreement. Araghchi stated that the relevant memorandum of understanding should be effectively implemented, including Israel’s cessation of military operations against Lebanon. Iran has always viewed its relations with China from a strategic perspective and looks forward to enhancing mutual trust with China, deepening cooperation in all fields, and jointly advancing the comprehensive strategic partnership between the two countries. The issue of navigation through the Strait of Hormuz should be properly addressed to effectively respond to the widespread concerns of the international community. China supports Iran in improving relations with countries in the region and exploring the joint construction of a regional security framework. China is willing to strengthen communication and coordination with Iran to continue contributing to the maintenance and promotion of regional peace and stability while consolidating and deepening China-Iran relations. (Xinhua News Agency)
10:42
Svmuu News: Wintermute posted on X stating that it has completed its first SPCX OTC options trade (SPCX is the stock ticker symbol for SpaceX following its listing on Nasdaq). Previously, Wintermute had announced that its OTC trading desk had completed its first single-stock CFD trade with SpaceX (SPCX) as the underlying asset.
10:38
Svmuu News: Rodney “Bitcoin Rodney” Burton, a resident of Miami, Florida, has pleaded guilty in federal court to participating in a cryptocurrency fraud scheme linked to HyperFund, involving approximately $1.8 billion. According to disclosures by federal prosecutors in Maryland, Burton pleaded guilty to “conspiracy to operate an unlicensed money transmission business.” Between June 2020 and January 2022, he participated in promoting this Ponzi scheme and profited approximately $7.85 million from it. Law enforcement authorities noted that HyperFund attracted investors with promises of high returns—"0.5% to 1% daily"—but in reality, there was no genuine cryptocurrency mining or sustainable source of revenue. The funds essentially came from new investors, constituting a classic Ponzi scheme, and the project began restricting withdrawals in 2021. The U.S. Department of Justice stated that the project raised funds from investors through global financing and, during its operation, used those funds for promotion and money transfers, constituting a large-scale cross-border telecommunications fraud network. Burton faces up to five years in federal prison, with a sentencing hearing scheduled for July 23. Law enforcement officials stated that the case was jointly investigated by the IRS Criminal Investigation Division and the Homeland Security Investigations (HSI). (U.S. Department of Justice)
10:35
Svmuu News: Well-known trader Ansem posted on X, stating: “Bitcoin is currently at a fairly significant level, retesting key weekly resistance near 65,000–66,000.I don’t plan to go long here at the moment, as I believe there are other assets better suited for long positions, but if Bitcoin closes above this resistance level on the weekly (or daily) chart, we’ll likely retest 72,000 next—personally, I’m leaning toward this scenario.If I’m wrong and we see the market weaken and break below 63,800, I’ll switch to a bearish stance, and we may retest 60,000 next.If the market actually presents an opportunity (such as a stop-loss or invalidation level above a lower-timeframe consolidation platform before a break below), I’ll enter this short position. The Federal Reserve’s monetary policy meeting at 2:30 p.m. today (early tomorrow morning Beijing time) (Federal Reserve) may influence the direction of the market going forward.”
10:31
Svmuu News: The political battle surrounding New York State Assemblyman Alex Bores’ campaign for a seat in Congress has evolved into a direct confrontation between two major camps in the AI industry, with OpenAI and Anthropic each investing millions to tens of millions of dollars through their respective political action committees to support candidates with opposing stances. The New York State “RAISE Act,” previously championed by Alex Bores, is regarded as one of the strictest attempts at AI safety regulation in the United States. It requires AI companies to report potential “catastrophic risks” and has become the focal point of this round of controversy. “Leading the Future,” a group backed by OpenAI investors and Silicon Valley capital, has spent more than $7.6 million on advertising to try to prevent Alex Bores from being elected, while Anthropic’s political network and its investors have poured more than $10 million into supporting his campaign. This incident has elevated the issue of AI regulation from a policy discussion to a focal point of real-world political confrontation, with the core disagreement centered on whether “AI should be governed by corporate self-regulation or strict government oversight.” Meanwhile, both the pro- and anti-camps accuse each other of representing corporate interests rather than public regulatory demands, making the election in this district a “proxy war” between two governance approaches in the AI industry. Analysts point out that this incident marks a shift in AI industry competition from the technical and product levels to the political and regulatory levels, making it a key example of the convergence of technology and policy. (Fortune)
10:28
Svmuu News: According to data from MSX.COM, the U.S. semiconductor equipment sector showed broad-based strength, with Aehr Test Systems surging more than 13%, Applied Materials rising over 8%, and ASML and Lam Research both gaining more than 5%, all hitting all-time highs. In terms of market news, Citibank raised its price targets for semiconductor equipment manufacturers Applied Materials and Lam Research, stating that it is strongly bullish on the demand outlook for NAND equipment. The U.S. optical communications sector also rose across the board, with Credo Technology (CRDO) up more than 6%, AXT Inc (AXTI) rose more than 5%, Astera Labs (ALAB) and Marvell Technology (MRVL) rose more than 4%, and Coherent (COHR) and Ciena (CIEN) rose more than 2%.

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