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6/29
10:37
Svmuu News: According to market reports, the U.S. Securities and Exchange Commission (SEC) has fined Merrill Lynch, a subsidiary of Bank of America, $7.5 million for failing to file multiple suspicious activity reports. (Jin Shi)
10:27
Svmuu News: The memory sector came under pressure after the U.S. stock market opened today, with shares of Micron, and SanDisk all falling sharply. Analysts note that Samsung and SK Hynix previously announced an investment plan of approximately 800 trillion won to build a new chip manufacturing hub, which together accounts for about two-thirds of global memory chip production capacity.This planned expansion of production capacity may exert new downward pressure on the supply curve for FY27–FY28, reigniting market discussions regarding the industry’s supply-demand balance. The market reaction has already shown divergence: direct DRAM and NAND plays are under more pronounced pressure, while companies primarily engaged in storage solutions or hard disk drives have demonstrated relative resilience.
Industry observers believe that while this news does not alter the short-term supply-demand landscape for the second half of 2026, it may dampen recent market optimism regarding “supply discipline driving price increases.” Moving forward, the industry will still need new price or demand data to support the logic behind valuation expansion. (Washington Post)
10:24
Svmuu News: According to market reports, UBS. has raised its price target for Maiwell Technology (MRVL.O) from $230 to $340. (Jin Shi)
10:22
Svmuu News: Sky (formerly MakerDAO), in collaboration with Spark and Uniswap, announced that the initial $150 million in liquidity for FX Layer—a stablecoin exchange system jointly developed by the three parties—comes entirely from USDS, the stablecoin within the Sky ecosystem. As the platform’s core pricing asset, USDS provides foundational liquidity for the USDS/USDT and USDS/PYUSD trading pools, marking the first large-scale implementation of this shared liquidity framework.
The three parties’ long-term plan is to integrate institutions expanding into the stablecoin business—such as PayPal’s PYUSD, Ripple’s RLUSD, Robinhood, and Revolut—into a unified infrastructure, eliminating the costs for individual issuers to independently build liquidity pools and market-making systems. At the same time, a supporting governance mechanism ensures that idle funds not participating in market-making continue to generate returns.
On June 25, Spark and Uniswap officially announced the launch of the FX Layer. The architectural division of labor is clear: Spark acts as an orchestration layer to allocate cross-stablecoin liquidity, while Uniswap v4 executes trade paths through the DualPool hook’s programmable AMM mechanism, providing one-stop stablecoin exchange services to banks, fintech firms, and payment companies.
10:18
Svmuu News: According to data from MSX.COM, SpaceX’s stock price turned lower after earlier rising more than 4%; the Philadelphia Semiconductor Index extended its decline to 2.5%, with Micron (MU.O) and Arm (ARM.O) falling more than 8%, and Intel(INTC.O) fell 7%, Marvell Technology (MRVL.O) fell more than 5%, and NVIDIA (NVDA.O) fell 0.7%.
10:17
Svmuu News: According to market reports, the U.S. Supreme Court has refused to allow Donald Trump to remove Lisa Cook, a board member of Federal Reserve. (Jin Shi)
10:14
Svmuu News: The Clarity Act, a key U.S. cryptocurrency regulatory bill, has entered a critical two-week negotiation period. The Senate will recess until July 13. During the recess, staff from both parties, the White House, and representatives from the crypto industry will continue to negotiate remaining differences in the bill, focusing on resolving contentious issues such as the integration of the two draft bills from the Senate Banking Committee and the Agriculture Committee, ethics provisions, and anti-money laundering rules.
If all parties successfully reach a consensus on a compromise version, the bill could be submitted to the full Senate for a vote as early as late July or early August. The market widely believes that the period before Congress recesses in August is the only window this year for the bill to become law; if a vote is not completed during this phase, the probability of the bill being enacted in 2026 will drop significantly. (Crypto in America)
10:12
Svmuu News: The U.S. Department of Commerce has made differentiated adjustments to export restrictions on cutting-edge models developed by AI company Anthropic, marking a new phase of “tiered liberalization” in global AI regulation. According to the policy, the export ban on Claude Mythos 5 has been lifted, allowing specific compliant and regulated users to resume using this cybersecurity model; however, export restrictions on another high-end model, Fable 5, remain in place, and related policy consultations are still ongoing.
Industry analysts note that this tiered regulatory approach—which involves both easing and tightening restrictions—reflects the U.S. government’s balancing act between national security, data sovereignty, and international competition in AI. As the global AI race continues to accelerate, professional models capable of vulnerability detection are facing stricter scrutiny from various countries, and many nations have already begun discussions on establishing a unified cross-border regulatory framework for cutting-edge AI capabilities. (Forbes)
10:10
Svmuu News: As the White House continues to tighten AI-related regulatory policies, open-source AI models are emerging as clear beneficiaries. Several developers and corporate executives have noted that cutting-edge closed-source models, such as Anthropic’s Fable 5, face significant policy uncertainty. Many applications built on closed-source models have suffered business disruptions due to model restrictions or takedowns.
As the stability of closed-source model supply and compliance risks rise simultaneously, a large number of developers are switching to open-source AI solutions to break free from dependence on a single vendor and reduce systemic operational risks. Industry analysis notes that open-source models lack a single controlling entity, making them difficult to restrict directly through administrative measures, and their appeal in corporate implementation and the developer ecosystem continues to grow. (The Information)
10:09
Svmuu News: According to data from MSX.COM, the U.S. stock market’s storage sector continued to decline, with Micron’s stock price falling 6% to $1,064.34 per share. SanDisk’s stock price fell 7.8% to $1,931.160 per share.The two companies ranked first and second, respectively, in trading volume among all U.S. stocks. Kioxia’s ADR fell 7%. In related news, South Korean Minister of Trade, Industry and Energy Kim Jeong-kwan stated on the 29th that the country expects to double its DRAM production capacity within five years and that the global memory market is projected to quadruple in size over the same period.
10:07
Svmuu News: According to Gate data, spot gold has broken below $4,020 per ounce and is currently trading at $4,016 per ounce, down 1.58% on the day.
10:06
Svmuu News: California Governor Newsom announced a partnership with Anthropic, under which California agencies will receive access to Claude at a 50% discount. (Jin Shi)
10:05
Svmuu News: The Office of the Prosecutor General of Ukraine announced that it has, for the first time, transferred approximately $8.3 million worth of USDT cryptocurrency assets to the State Asset Management Agency, marking the country’s first official takeover of seized cryptocurrency assets. The funds originated from an investigation into an international hacking group accused of laundering money through high-value real estate and other assets. The assets were received by the Ukrainian Agency for the Search and Management of State Assets (ARMA) and transferred in accordance with a court order.
Officials stated that this action represents a significant step forward for Ukraine in the regulation and management of crypto assets, and aligns with ongoing discussions regarding the establishment of a strategic crypto reserve. Previous data indicates that Ukraine ranked among the top in Europe in terms of crypto transaction volume between 2024 and 2025.
However, the assets in question remain in “custody” and have not yet been legally confiscated; subsequent judicial conviction proceedings are still required. Analysts believe this measure is mechanically similar to the U.S. approach of building potential strategic reserves through the criminal forfeiture of crypto assets. (CoinDesk)
10:02
Svmuu News: According to Gate data, the USD/JPY exchange rate has broken through its previous high, currently trading at 161.95—its highest level since December 1986—and is up 0.1% on the day.
10:02
Svmuu News: U.S. Democratic Senator Mark Warner plans to release a draft discussion paper on AI on Monday, focusing on the rapidly evolving field of “AI agents.” Currently, dozens of AI-related bills have been introduced in the U.S. Congress, covering areas such as deepfakes and model safety; this draft, however, extends the regulatory focus further into the cutting-edge field of AI agents.
Compared to conversational applications such as ChatGPT and Claude, AI agents are emerging as a key driver of AI technology growth and capital investment. Widely used in customer service systems, automated task processing, and various online service scenarios, they represent a major direction for the next phase of the AI industry’s development. (The Information)
09:56
Svmuu News UBS raised its target price for TSMC, the world’s leading wafer foundry, from 3,000 New Taiwan dollars to 3,400 New Taiwan dollars on Monday, while maintaining a “Buy” investment rating.At the same time, the brokerage firm raised its 2026 overall revenue growth forecast for TSMC, noting that the company’s earnings growth momentum is expected to continue over the medium to long term. It also anticipates that the company will likely initiate product price increases in early 2027, further boosting its profit margins.
UBS It is projected that TSMC will continue to increase its capital expenditures from 2026 to 2028 and implement multiple rounds of capacity expansion plans, effectively alleviating industry pain points such as chip supply shortages and customer supply chain concentration.Current market demand for CPUs, AI accelerators, and edge computing applications continues to grow, serving as the core driver for the company’s capacity expansion. (CLS)
09:54
Svmuu News: The U.S. Supreme Court has declined to review the constitutionality of a now-repealed U.S. Securities and Exchange Commission (SEC) policy. That policy had required individuals and companies that reached enforcement settlements with the SEC to refrain from publicly criticizing or challenging the allegations made by the Wall Street regulator. On Monday, the U.S. Supreme Court Justices, without providing any explanation, dismissed a challenge regarding whether the SEC’s so-called “gag rule” violated individuals’ constitutional rights. (Jin Shi)
09:53
Svmuu News: Tether has officially released version 0.14.0 of its AI development tool, QVAC SDK, which iterates on the local AI development stack by focusing on three key areas: accelerating local inference on mobile devices, supporting multilingual speech, and optimizing for cross-platform computing power.
This update introduces an OpenClaw compatibility path to help developers deploy locally coded agents at a low cost; the Supertonic3 speech component has expanded its text-to-speech language support from 5 to 31; and both Chatterbox and Supertonic now support Android GPU execution and feature optimized memory consumption.At the system level, Linux now features a dynamic computing backend that automatically matches the optimal execution environment while programs are running. This architecture lays the technical groundwork for future compatibility with CUDA and ROCm GPU computing power, lowering the barrier to entry for on-device multimodal AI projects.
09:49
Svmuu News: On June 29, Bank of America Securities projected that U.S. nonfarm payrolls would rise significantly by 110,000 in June, driven primarily by moderate initial jobless claims and strong ADP employment data. Bank of America Securities also noted downside risks, suggesting that the surge in employment in the leisure and hospitality sectors in May may have been influenced by either the World Cup or Memorial Day; if the latter is the case, June’s employment figures could see a pullback. The firm added that a strong jobs report could further solidify the market’s inclination toward its previous forecast of three interest rate hikes in 2026.
09:42
Svmuu News: After three months of steady growth, Bank of America Securities expects nonfarm payrolls to rise significantly by 110,000 in June, driven primarily by moderate initial jobless claims and strong ADP employment data. However, they also see downside risks. The surge in the leisure and hospitality sector in May may have been influenced by the World Cup or Memorial Day. If the latter is the case, June’s employment data could see a slight pullback. They added, “A strong jobs report could make the market lean more toward our previous forecast of three rate hikes in 2026.” (Jin Shi)

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