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S&P 500 index goes on-chain! Centrifuge and S&P DJI jointly announce that "24/7 trading" is here.

The S&P 500 index has officially debuted on the blockchain in the form of a tokenized fund, with Centrifuge and S&P DJI linking traditional finance and Web3 through "index proof infrastructure," offering 24/7 trading and instant transparency. (Background: Michael Saylor: U.S. Bitcoin reserves are expected to offset $81 trillion in debt, and MicroStrategy's chances of inclusion in the S&P 500 increase.) (Additional context: BlackRock's Bitcoin ETF "IBIT" outperforms all its funds, earning more than the S&P 500 ETF, which is ten times larger.) At the Cannes RWA Summit, Centrifuge and S&P Dow Jones Indices (S&P DJI) jointly announced that the S&P 500 index will be packaged as a tokenized fund and officially launched on the blockchain. This is the first time the world's most closely watched equity benchmark has been "officially on-chain."
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The Ethereum Foundation recently transfers 1,000 ETH daily! Retail investors are anxious, but the follow-up is quite boring.

The Ethereum Foundation has been relocating 1,000 ETH for several consecutive days. The market is concerned about where the funds are going? (Background: Analyst: The Ethereum pump is coming! Targeting $10,000, potentially igniting the alt season in just a few weeks.) (Additional Background: SharpLink Chairman Joe Lubin urges Ethereum: The company is ready to leverage!) Since the end of June, the Ethereum Foundation has been transferring 1,000 Ether (ETH) daily into a Gnosis Safe Proxy Multi-signature Wallet starting with 0xc061, accumulating a total of 13,000 coins, roughly $32 million. The outside world is worried about selling pressure, but on-chain data has not yet shown any records of funds flowing to exchanges. On-chain evidence: Purely a relocation, not dumping. According to Lookonchain observations, these transfers have never left the control of the foundation, nor have they flowed in.
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Billions of dollars in Silicon Valley are competing for AI talent, and it is rumored that Zuckerberg has a "headhunter list" and is really anxious?

In the summer of 2025, Silicon Valley erupted in the most intense AI talent war in history, with a secret list igniting a "billion-dollar salary" HR race. (Background: Meta is aggressively recruiting AI talent, with Zuckerberg declaring "annual salaries exceeding 100 million dollars"; Sam Altman sarcastically remarks: cannot buy the best employees) (Supplementary background: OpenAI is rumored to be launching an AI version of Office software, going head-to-head with Microsoft and Google) This summer, the air in Silicon Valley smells of the ink of money, from Palo Alto to San Francisco, the 101 highway is being scorched by the heat wave, tech company offices have the air conditioning cranked up to the max, yet it still cannot quell the anxiety of the HR departments, as Silicon Valley is entering a rare state of full 'fire' for AI talent.
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Online passport application! Meet 3 conditions to avoid on-site queueing, new system starts on July 1.

The Ministry of Foreign Affairs of Taiwan will promote a comprehensive online passport application and renewal starting in July 2025. Citizens aged 18 and above who meet three conditions can complete the application at home and pick it up in about ten working days. This move not only saves time but also adds a new piece to the government's digital governance puzzle. (Background: The New Taiwan Dollar has skyrocketed to the 28 range! The export industry is lamenting, and those holding stablecoins are bleeding...) (Background information: Thailand will fully open "tourism encryption payment" as a major tourist country strives for digital transformation.) Starting from July 1, Taiwanese people will no longer have to queue for a long time to renew their passports. The Ministry of Foreign Affairs has expanded the "conditional online passport application and renewal" service, allowing citizens aged 18 and above who meet the conditions to complete most of the process at home with a click of the mouse. The Ministry has opened the online passport renewal service, which was previously available only to a few people for trial, to the public and promised that items can be picked up within ten working days. Ministry spokesman Hsiao Kuan-wei explained: "We ensure information security while...
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Pressure on builders! Official document reveals a demand for construction materials to "reduce prices by 5-10%", making real estate projects increasingly difficult.

The housing market freeze is spreading to construction sites, and rumors have emerged that builders are demanding price cuts on construction materials after years of big pumps in material prices. (Background: A man in Taichung with an annual salary of less than 1.5 million was advised by a public bank to withdraw his loan application: "You are too poor") (Supplementary background: Bitcoin, housing market golden cross: crypto world KOLs are buying in Taipei, TSMC engineers are selling at losses, and the number of new construction projects has hit a five-year low.) Since the Central Bank's sudden tightening of credit controls in September 2024, Taiwan's booming housing market has entered a "housing price control period." Over the past year, housing supply and demand seem to have narrowed, and now this housing price control force is spreading from reception centers to construction sites. A leaked procurement document shows that several large builders are requesting construction material suppliers to lower their quotes by 5–10%, or they may stop work or change partners; the document states that "the overall housing market is affected by changes in the macroeconomic environment and the government's ongoing housing price control policies, and sales outlooks have become conservative."
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"Guo Ke Special Article" From the Harvey and Lawsnote Judgments: Copyright Wars in the Age of AI

The first-instance verdict of the copyright case concerning Lawsnote has caused a shock in the legal community, deeply exploring the boundaries of copyright in database editing, and pointing out that the court failed to balance public interest with copyright, hindering the development of legal AI. The monopolistic control of legal databases has become an obstacle to innovation in legal AI, necessitating a reevaluation of the scope of copyright protection.
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Anthropic lets Claude open a store to do business: but the more it sells, the more it loses, unable to resist price cuts... What blind spots did the AI experiment reveal?

Anthropic placed its AI model Claude in an automated convenience store for a month and found that it performed well in areas such as restocking and customer service, but had significant shortcomings in pricing and inventory management, resulting in the store failing to turn a profit. The experiment highlights the limitations of AI in business operations and also shows the challenges and safety ethical issues that future automated business agents may bring.
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Circle applies for a US trust bank license: self-custody of USDC, a key step into federal regulation.

The US dollar stablecoin USDC issuer Circle has applied for a national trust bank license, which, if successful, will be subject to federal regulation and specialize in digital asset custody. This move helps enhance asset transparency, attract institutional investors, and differentiate itself from competitors such as Tether. Although the application process is time-consuming and faces challenges, it brings new dynamics to the stablecoin industry.
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Germany's largest banking group, Sparkassen, will open Bitcoin trading: 50 million people will be able to buy crypto assets online by next summer.

The German savings bank group Sparkassen plans to enable 50 million private customers to buy and sell Bitcoin and other crypto assets directly through its official app in the summer of 2026, reflecting a shift in its attitude towards the crypto market, driven by customer demand and competitive pressure. The service will be supported by DekaBank. At the same time, regulatory clarity has reduced market uncertainty; however, Sparkassen also warns investors that cryptocurrency investments carry high risks.
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REX Shares announced the launch of the first Solana stake ETF in the U.S. "listing on Wednesday," with SOL approaching 160 dollars at one point.

REX Shares announced that it will launch the first Solana stake-based crypto assets ETF in the U.S. on Wednesday, combining SOL price exposure with on-chain staking yields. (Background: The founder of Bridgewater Capital warns that the trend of companies issuing bonds to buy BTC will fade, and excessive speculation may backfire on Bitcoin) (Additional Context: From the Wolf of Wall Street to Bitcoin Missionaries: The founder of Bridgewater Capital warns of the sweet trap of the Trump effect) Last week, the SEC responded to REX Shares' application for the SOL Ethereum staking ETF (code SSK) stating "no further comments," and today (1) at midnight on X, REX Shares announced: it will launch the first stake-based crypto assets ETF in the U.S. this Wednesday, "REX-Osprey SOL + Staking ETF." This product
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Musk shouts: If the Trump Great and Beautiful Act passes, the "America Party" will be established the next day.

Elon Musk, the founder of TSL, stated on July 1 on the X platform that if Trump's spending bill passes, he will establish the "America Party," emphasizing that the United States needs a new choice different from the existing two parties. (Background: Musk: The first test subject of the brain-computer interface Neuralink is "nearly fully recovered"! Can control the mouse cursor with thoughts) (Additional context: Musk announced: The brain-computer interface Neuralink's "brain chip implantation" surgery was successful! The first patient has recovered well) Musk (Elon Musk) said this morning (1) on X that if "(Trump's) crazy spending bill" passes, he will establish the "America Party" the next day, emphasizing that America needs a party that can truly represent the voice of the people. "If this crazy spending bill passes, the America Party will be established the next day.
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MicroStrategy buys an additional $530 million in BTC holdings, approaching 600,000 coins. Michael Saylor: You will only wish you had bought more back then.

According to the 8-K filing submitted to the SEC by MicroStrategy on June 30, the company purchased another 4,980 Bitcoins from June 23 to 29, at a total cost of $531.9 million, with an average purchase price of approximately $106,801. This transaction increased the company's total Bitcoin holdings to 597,325 BTC, accounting for about 2.8% of the circulating supply of Bitcoin, with an average cost of $70,982. (Background: MicroStrategy buying Bitcoin causing trouble? Five class action lawsuits accuse the Strategy of including "false statements") (Background information: Understanding the essence of MicroStrategy's "crazy Bitcoin buying": it's an arbitrage business) Bitcoin evangelist Michael Saylor once again pressed the "buy" button, according to MicroStrategy (St
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Iran's Nobitex exchange was robbed of $100 million and "has resumed deposits and withdrawals"; how to navigate out of the curfew due to the Israel war?

Nobitex suffered over 100 million USD in losses from a hack, the exchange has restarted withdrawals and revealed the latest developments in the encryption cyberwar between Iran and Israel (Background: Did they strike again? Israel accuses Iran of launching missiles "in violation of the ceasefire agreement" but Tehran denies the attack, who is lying) (Context: After Trump announced the "ceasefire between Israel and Iran," Iran continued to launch missile attacks resulting in three deaths, and air raid sirens sounded in Israel) Iran's largest encryption exchange Nobitex resumed partial withdrawals on June 30, allowing approximately 420,000 affected users to finally see asset unlock messages; just 12 days after the pro-Israel hacker group Gonjeshke Darande burned 90 million USD and leaked the source code on June 18. The incident impacted Iran both financially and psychologically, and it has also drawn global attention to how state-sponsored hackers exploit the Blockchain battlefield. The attack process and losses have been detailed.
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