動區 BlockTempo

Shopify 率先引入 USDC on Base，DoorDash 有望跟進，穩定幣正加速滲透主流商業支付版圖 （前情提要：京東、螞蟻集團申請穩定幣牌照背後：新一輪數位支付卡位戰） （背景補充：「京東」入局香港穩定幣，中國最大電商能否點燃加密支付革命？）   穩定幣監管加速落地的同時，也正快速融入日常消費。Shopify 在今年 6 月啟用 Base 網路 上的 USDC 付款通道，讓平台商家得以直接收取穩定幣，手續費較傳統信用卡更低、結算時間也從數日縮至數分鐘。 下一站：外送平台？ 就在幾天前，Base 共同創辦人 Jesse Pollak 在 X 表示希望把同樣機制帶到外送、共享乘車與零售巨頭，點名 DoorDash、Uber、亞馬遜…等多家平台並寫道： 我夢想中的 App，如果它們支持穩定幣付款，我的生活直接提升 10 倍 Not able to DM you, DM me — Andy Fang (@andyfang) June 16, 2025 結果在 16 日，美國外送市場的「王者」DoorDash 共同創辦人 Andy Fang 公開表示，願意和他展開對話。 DoorDash 過去曾測試透過 CoinZoom 卡付款，顯示對新型支付模式持開放態度。假如雙方合作真的落地，未來用或就可以 USDC 進行支付、也能減少平台支付給跨境司機的匯款成本。 監管與用戶教育仍是關鍵 目前美國、歐盟正在針對穩定幣儲備透明度與發行許可提出新規，結果將直接影響大型平台是否擴大採用。此外，多鏈支援不足也限制了受眾，社群已呼籲開放更多鏈以降低進入門檻。 即便如此，從 Shopify 到可能加入的 DoorDash，主流消費場景正逐步證明穩定幣能在降低成本與加速結算上創造實際價值。若後續合作順利，未來在旅遊、搭車或咖啡連鎖店看到「Pay with USDC」選項，將不再只是行銷口號，而是新付款常態。 相關報導 e-CNY｜京東光棍節 10 萬人使用「數位人民幣」血拼；交易量1年成長3000% 中國禁令》螞蟻集團、騰訊、京東簽署「 NFT自律公約」：抵制相關虛擬貨幣炒作 中國「區塊鏈審查」《區塊鏈信息服務管理》備案名單出爐，百度、阿里、騰訊、京東都在內〈美國最大外送平台 DoorDash 有望接受穩定幣支付？CTO 正面回覆 Base 創辦人邀請〉這篇文章最早發佈於動區BlockTempo《動區動趨-最具影響力的區塊鏈新聞媒體》。

Liu Qiangdong announced that JD.com will apply for stablecoin licenses globally, aiming to shorten cross-border payment times from days to seconds and reduce costs by 90%. (Background: The rationale behind JD.com and Ant Group applying for stablecoin licenses: a new round of digital payment positioning war) (Supplementary background: Can JD.com, the largest e-commerce platform in China, ignite the cryptocurrency payment revolution by entering the Hong Kong stablecoin market?) Liu Qiangdong, founder of the leading Chinese e-commerce platform JD.com, stated in an internal sharing session in Beijing on the 17th that the company is in the process of applying for stablecoin licenses in 'major currency countries', with the goal of reducing corporate cross-border remittance times from 2 to 4 days to under 10 seconds, while cutting fees by 90%. 'We want to make remittances for global merchants as fast as placing an order, starting with B-end services and then bringing stablecoins to consumers.' JD.com participates in the Hong Kong Monetary Authority's regulatory sandbox. According to earlier reports from the South China Morning Post, JD.com's JD CoinChain Technology has entered the Hong Kong Monetary Authority's regulatory sandbox to test stablecoins pegged to the Hong Kong dollar and the US dollar. Data from AInvest in June also indicated that JD.com is evaluating the issuance of offshore RMB stablecoins to promote the internationalization of the RMB. Furthermore, JD.com has partnered with Xiaomi's Tianxing Bank and others to jointly create a settlement network, leveraging its e-commerce and supply chain advantages to directly connect with global suppliers. By adopting a 'stablecoin layering' model, recipients can receive local fiat currency without having to interact with cryptocurrency wallets. The advantages of stablecoins in cross-border payments are backed by data. Bitpace research indicates that blockchain settlements can reduce transaction fees from a typical 3% to 0.3%, with multinational payroll being credited in as little as a few seconds. HTX Ventures also mentioned this year that the compliance framework is becoming clearer, and companies' willingness to adopt it is increasing. However, challenges still exist. The fragmentation of global regulation means that JD.com has to navigate country by country; additionally, blockchain infrastructure is still not widespread in some markets. Liu Qiangdong admitted, 'We need to get the corporate side right before we can talk about comprehensive implementation.' However, if JD.com obtains the license as planned, the monopoly of interbank clearing will be shaken, and cross-border e-commerce and supply chain companies are expected to benefit first. In the future, if stablecoins enter the consumer end, credit card transaction fees and exchange rate differences for travel shopping may also be rewritten. Related reports e-CNY｜During JD.com's Singles Day, 100,000 people used 'digital RMB' for shopping; transaction volume grew by 3000% in a year. China's ban) Ant Group, Tencent, and JD.com signed the 'NFT Self-Regulation Agreement': to resist speculation related to virtual currencies. China's 'Blockchain Review' (Blockchain Information Service Management) filing list was released, including Baidu, Alibaba, Tencent, and JD.com. 'JD.com aims to obtain a global stablecoin license; Liu Qiangdong: The goal is to reduce cross-border payment fees by 90% and remittance times to within 10 seconds.' This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).

The Brazilian Chamber of Deputies has passed the initial review of the Bitcoin Reserve Bill, allowing for the use of up to 5% of foreign exchange reserves to buy Bitcoin, potentially leading to a global trend for central banks to follow. (Background: Brazil passes Bitcoin reserve proposal: up to 5% of foreign reserves to buy BTC, setting a precedent for G20 countries) (Additional context: Retail investors cry! Brazil cancels tax exemption on cryptocurrencies, imposing a unified 17.5% income tax) The largest economy in South America, Brazil, aims to bring Bitcoin to a national level. According to Bitcoin News, the Brazilian Chamber of Deputies has already passed the first round of deliberation for PL 4501/2024, which authorizes the central bank and the Ministry of Finance to allocate up to 5% of foreign exchange reserves to Bitcoin and establish a national cold wallet named RESBit. NEW: Brazil's Bitcoin Reserve Bill 4501/2023, proposing "RESBiT" to allocate up to 5% of foreign exchange reserves to Bitcoin, passes its first committee. If implemented, Brazil would be the second LATAM country after El Salvador to establish a legal BTC reserve. pic.twitter.com/c3DYsqlzvl — Bitcoin News (@BitcoinNewsCom) June 17, 2025 Bill details: 5% allocation, cold wallet custody, semi-annual auditing This PL 4501/2024 bill was proposed by Congressman Eros Biondini. Based on Brazil's approximately $370 billion in foreign reserves, the 5% cap amounts to $18 billion to $19 billion. The bill stipulates that: The Brazilian central bank and the Ministry of Finance will jointly decide and execute the purchases. Bitcoin must be placed in a cold wallet, audited by an independent third party every six months. An artificial intelligence system will continuously monitor transactions and flag any anomalies. Audit reports must be made public online to ensure transparency and accountability. The proponent emphasized that more than half of Brazil's foreign reserves are held in US dollar assets, necessitating risk reduction and return enhancement. Biondini stated in Congress: "The total supply of Bitcoin is fixed, serving as insurance against dollar inflation and geopolitical risks." Future Outlook The bill requires the central bank to submit audit reports to Congress every six months to ensure the safety and transparency of the holdings. Supporters point out that the returns on US dollar assets are under pressure from the US deficit and loose policies, while diversifying into fixed-supply Bitcoin can reduce exchange rate risks; however, opponents are concerned that high volatility may impact national accounts, with Bitcoin's 30-day annualized volatility averaging over 45% in the past year. Overall, analysts believe that if Brazil successfully legislates, it could accelerate other emerging countries' assessments of Bitcoin as "digital gold." The bill still needs to pass reviews from the technology, finance, and Senate committees. Although the road ahead is still long, this step has reignited discussions on diversifying global central bank asset allocations. Whether Brazil can open a new chapter for the nation to accumulate Bitcoin remains to be seen.

The Meme coin issuance platform Pump.fun on the Solana blockchain is not only facing multiple class-action lawsuits in the New York Federal Court, but its most important promotional base, the official account on the social platform X, has also been permanently banned. A frenzied speculative feast seems to have come to an abrupt halt. This article originates from a piece written by MarsBit News, organized and drafted by Foresight News. (Background: Pump.fun throws out favorable news again! It is expected to distribute profits to PUMP token holders) (Supplementary background: Pump.fun plans to issue tokens to raise $1 billion, valuing itself at $4 billion to become a crypto unicorn?) Once, Pump.fun on the Solana blockchain was a digital amusement park that never closed, a wealth-generating machine that made money daily. Here, for less than $2, anyone could create a new cryptocurrency in minutes and dive into a frenzied speculative feast. However, the noise has suddenly stopped. Now, this amusement park's lights have gone out, sinking into silence. It is not only facing multiple class-action lawsuits in the New York Federal Court, but its most important promotional base—the official account on the social platform X—has also been permanently banned. The sudden fall of Pump.fun is not an isolated case; it reflects the profound internal contradictions behind the wave of Meme coins. This is a collision between a no-entry, gamified financial experiment and the cold reality of securities law, the life-and-death power of centralized platforms, and the brutal laws of market economics. Is this digital carnival merely a fleeting bubble, or does it herald the rise of an untamed new type of market speculation? Its rise and fall provide us with an excellent dissection sample. 1. Dissection of the Meme factory: Rise and decay The rise of Pump.fun stems from its extreme "democratization" of the barriers to financial speculation, while its decline is rooted in the inherent systemic flaws of this model. "Innovation": Opening the casino doors to everyone The core mechanism of Pump.fun lies in its extreme simplification of the token creation process on the Solana blockchain, creating a one-stop platform that integrates Meme coin creation and trading. Its soul is a mathematical model known as the "Bonding Curve." Under this model, the price of tokens automatically increases with rising purchasing demand, which not only creates huge incentives for early participants but also provides a continuous fuel source for speculative frenzy. This mechanism is packaged as a form of "fair issuance," quickly making Pump.fun known as the "Meme coin casino" among insiders. This casino business is exceptionally booming. The platform has built a lucrative business model by charging a 1% exchange fee on each transaction and a fee of 1.5 SOL for tokens that successfully "graduate" (i.e., reach a certain market cap and list on decentralized exchanges). By early 2025, the cumulative fees collected by the platform were nearing $500 million, with a single-day revenue peak even exceeding $15 million, making it a highly efficient money-printing machine. The internal decay: A system built on deception However, beneath the prosperous surface lies a shocking reality. A devastating report released by risk analysis company Solidus Labs reveals that as much as 98.6% of the tokens issued on Pump.fun exhibit typical "Pump-and-Dump" scam characteristics, ultimately plummeting to zero and becoming worthless. This data thoroughly strips the platform's facade of "innovation" and "fairness," exposing its essence as an industrial-scale breeding ground for fraud. The relationship between the platform's business model and fraudulent activities is not a simple tacit understanding but forms a deep symbiosis. The income of Pump.fun is directly linked to the issuance and trading volume of tokens on its platform. Since the vast majority of trades stem from fraudulent pump-and-dump schemes, the platform's enormous income of nearly $500 million is actually derived from facilitating these scams. This creates a distorted incentive mechanism: to maximize revenue, the platform will prioritize lowering barriers and increasing trading volume rather than enhancing security checks and protecting investors. This renders its so-called commitment to "fair issuance" particularly pale. The platform's vulnerabilities have long been apparent. In May 2024, a former employee exploited their privileged access to steal approximately $1.9 million worth of assets through a flash loan attack, exposing significant internal control flaws. In February 2025, its official X account was hacked and used to promote fraudulent tokens, further highlighting its inadequate defenses against external risks. Legal documents also accuse the platform of profiting significantly in an environment rife with illegal and antisocial content, adding another layer of moral and reputational stain. 2. Legal liquidation: When Meme coins encounter the Howey Test When wild financial experiments touch the red line of the law, a liquidation is inevitable. In January 2025, two key class-action lawsuits were filed in the Southern District Federal Court of New York, bringing Pump.fun and its underlying entities and founders to the defendant's seat. Legal crackdown The lawsuits were initiated by law firms such as Wolf Popper LLP and Burwick Law, with defendants including Pump.fun's UK operating entity Baton Corporation Ltd., and its founders Alon Cohen, Dylan Kerler, and Noah Bernhard Hugo Tweedale. The core accusation is that Pump.fun promoted and sold a large number of unregistered securities through its platform, blatantly violating the U.S. Securities Act of 1933. The plaintiffs demand the platform refund all investor purchase amounts and compensate for the economic losses incurred, amounting to nearly $500 million. The core legal weapon of this lawsuit is the "Howey Test," born in 1946, which is the gold standard for determining whether an investment constitutes a "security." The plaintiffs' argument is highly disruptive: they believe that Pump.fun is far from a neutral technology tool provider; rather, it is an active "statutory seller" and "co-issuer" involved in the issuance and sale of tokens. This argument is supported by the fact that Pump.fun deeply controls the entire process from token inception to trading: it provides standardized token creation tools, controls liquidity and pricing through the bonding curve mechanism, and actively promotes these tokens through its platform and partnerships with influential figures. The lawsuit describes this model as a "new evolution of Ponzi and pump-and-dump schemes." This legal strategy marks a significant evolution in cryptocurrency litigation. In the past, regulators typically targeted individual token issuers (such as the SEC's lawsuit against Ripple), but in the face of thousands of anonymous creators on Pump.fun, this approach is inefficient. Now, the plaintiffs choose to strike at the core—holding the platform itself as the responsible entity. If this logic holds in court, then any "one-click coin issuance" platform that provides standardized tools, controls pricing mechanisms, and participates in promotion could potentially be deemed an unregistered securities seller. This would fundamentally destroy the model of such "issuance platforms as a service"...

The NASDAQ-listed medical device company Eyenovia (EYEN) announced the use of $50 million to purchase the decentralized exchange Hyperliquid platform token HYPE and will list this holding in the company treasury. (Background: Why did the Hyperliquid token HYPE and the open contracts soar to 'historical highs'?) (Supplementary background: Arthur Hayes: The altcoin season is just around the corner! Focusing on HYPE's ambition of a 50% monthly increase) The NASDAQ-listed medical device company Eyenovia (EYEN) announced last night (17th) the use of $50 million to purchase the decentralized exchange Hyperliquid platform token HYPE, and will include this holding in the company treasury. After the news broke, Google Finance data showed that Eyenovia's stock price responded by rising, briefly breaking $7, and at the time of writing reported at $6.97, closing with a gain of 134%. Why choose HYPE instead of Bitcoin? Eyenovia stated that in an inflationary environment, a diversified asset allocation is needed. Currently, corporate reserves are often primarily in Bitcoin, but this time the company locked in HYPE, which has no direct correlation with its business, primarily because Hyperliquid's on-chain perpetual futures volume has rapidly grown in recent months, and HYPE has jumped to fifth in open futures volume. The company’s management pointed out that "diversifying the treasury helps hedge against the decline in fiat purchasing power while capturing potential value appreciation in emerging blockchain ecosystems." This holding will be accounted in batches as long-term digital assets and will adopt a market value impairment accounting model. Additionally, according to the latest prices from Coingecko, HYPE is currently priced at $40.24, and Eyenovia's actions seem to have not brought much incentive, overall still following Bitcoin. Regulatory and financial challenges remain. Like any crypto layout, Eyenovia faces two major risks: first, price volatility, as HYPE's liquidity is lower than mainstream coins, leading to more severe fluctuations; second, regulatory uncertainty, as token positioning and trading compliance could change if the Trump administration adjusts the regulatory framework in 2025. Nevertheless, Eyenovia still chooses to invest heavily, showing that some traditional companies are willing to take on higher risks for potentially high-growth assets. Market observers expect that if HYPE performs strongly, other non-crypto industry companies may also consider following suit. Related reports $HYPE surged to $42, creating a historical high! Big brother Mahji realized profits, earning $6.5 million, whales heavily bought into Hyperliquid. Whales turning into small shrimp? James Wynn opened another Bitcoin long position but worth less than $20,000, supporting CZ's push for dark pool DEX: Can blow up Hyperliquid. CZ: I didn't call the shot! Aster's market share soared to 20%, competing with Hyperliquid for the top position in Perp DEX. "Listed company Eyenovia announced a $50 million investment in $HYPE, why choose Hyperliquid instead of Bitcoin?" This article was first published by BlockTempo (BlockTempo - the most influential blockchain news media).

Two major financial institutions in Taiwan, Chunghwa Post and Taiwan Cooperative Bank, recently announced the suspension of the agreed transfer service for virtual currency platform accounts, which, while strengthening fraud prevention, has also caused inconvenience for users. (Background: Not just Taiwan Cooperative Bank! Various banks are considering 'blocking deposits and withdrawals to exchanges'. How is Taiwan's crypto landscape evolving?) (Additional context: Key points from the public hearing on Taiwan's cryptocurrency special law (Virtual Asset Service Act): Unlicensed operators involved in fraud will face harsher penalties!) Taiwan Cooperative Bank announced on June 5 that it will suspend the agreed transfer service for virtual currency platform deposit accounts, and starting from August 11, it will completely halt the agreed transfer functionality for related accounts. Chunghwa Post terminated the agreed transfer for related accounts even earlier, starting from May 28. Up to 30% of agreed transfer accounts have become warning accounts Recently, Taiwan Cooperative Bank's General Manager Hsu Wei-Wen revealed the reason behind this action: According to internal statistics from the bank, the percentage of accounts with agreed transfers set up for virtual currency platform deposits that have turned into warning accounts is as high as 20% to 30%. This is also the main reason why Taiwan Cooperative Bank decided to suspend this service. Hsu stated that the most difficult type of fraud cases to trace now involves virtual currencies, such as Bitcoin and USDT. Once the money flows overseas, the difficulty of tracing becomes considerably high. As for complaints from community users expressing inconvenience, Hsu responded that as long as they are customers of Taiwan Cooperative Bank and have linked their foreign currency deposit accounts to the MaiCoin platform, they can still apply for agreed transfers after real-name verification confirming they are the same person. Additionally, non-agreed transfers can still be conducted, but the limits have been significantly reduced. Users looking to make large remittances will need to handle this in advance. The special law is progressing, but reality is declining The Financial Supervisory Commission is currently advancing the draft of the Virtual Asset Service Act, while the Central Bank is simultaneously calling for strengthened management of stablecoins. Operators primarily involved in exchanges and those focusing on stablecoin businesses are both advancing in their respective directions; however, banks are pulling back on their financial connections with cryptocurrency exchanges to 'prevent fraud', making it even harder for exchanges to conduct business. Extended Reading: Key points from the public hearing on Taiwan's cryptocurrency special law (Virtual Asset Service Act): Unlicensed operators involved in fraud will face harsher penalties! Banks have their own struggles; they must not exceed the warning account indicators, and if they find that the percentage of warning accounts involved in transactions with cryptocurrency exchanges is too high, to avoid increasing internal costs and warnings from the Financial Supervisory Commission, banks have the autonomy to block agreed accounts with exchanges. However, this reality makes exchanges, or any crypto startups involved in financial services, anxious: banks are considering shutting off liquidity as a measure to block fraudulent flows, with fraud being their biggest concern; the result is a gradual strangulation of cryptocurrency services. The author cannot help but sense a premonition: Will banks swallow all local crypto services? Banks can issue stablecoins, can custody cryptocurrencies, and in the future may also launch crypto trading services; aren't existing crypto operators only going to find it increasingly difficult? The outline of cooperation between crypto financial flows and traditional finance seems unable to clarify before the third reading of the special law. Perhaps foreign investment landing will determine whether Taiwan's crypto is moving towards global liquidity or trapped in a closed sandbox with low-risk financial flows. Related Reports: TSMC's first batch of wafers shipped from Arizona! NVIDIA AI chips need to return to 'Taiwan's home' for packaging Taiwan's meme coins accelerate their mainstream appeal) Gold banknotes JMONEY launched on Pionex, Ourbit, and will land on HiBT on June 14 The American Chamber of Commerce warns in a white paper 'Taiwan is facing power shortages': Unstable energy supply threatens semiconductor AI development. "Taiwan Cooperative Bank explains why it has blocked agreed transfers: The proportion of crypto accounts turning into warning accounts is too high, and it is very difficult to trace fraudulent financial flows." This article was first published on BlockTempo (the most influential blockchain news media).

According to (Bloomberg) reports, Tesla founder Elon Musk's xAI, founded just two years ago, is concurrently raising $9.3 billion: $4.3 billion in new equity and $5 billion in unsecured bonds. (Background: Telegram received $300 million in cash and equity from xAI, Musk invests to promote Grok, TON jumps 20%) (Supplementary background: Musk is pushing for the computing power of xAI! It is rumored to be raising a new round of financing with a goal of $6 billion) According to (Bloomberg) reports, Tesla founder Elon Musk's xAI, established just two years ago, is currently experiencing a cash outflow of up to $1 billion per month. If the current expansion pace continues, the total cash consumption for the whole year of 2025 may exceed $13 billion. To cope with the enormous expenditure pressure, the company is raising $9.3 billion in new funds: $4.3 billion in new equity and $5 billion in unsecured bonds. Financing portfolio at a glance According to reports, the equity portion is still being negotiated, with a target amount of $4.3 billion; the bond has an 8-year term and plans to offer a 6.5% annual interest rate, along with a conversion clause. Public data shows that xAI has raised a total of $14 billion in equity since its establishment in 2023. If this round is fully completed, the total fundraising will exceed $23 billion. Where will the funds be burned? If the new financing is successfully completed, the largest expenditure is expected to be on GPU clusters and Nvidia servers. Previously, foreign media analyzed xAI's next-generation Colossus supercomputer project, which could procure up to 1 million GPUs, with costs ranging from $35 to $40 billion, plus data purchasing and labeling costs, leading to a total investment far exceeding traditional software companies. It is worth mentioning that after xAI completed the acquisition of the X platform in March this year, its combined valuation rose to $80 billion; external investors revealed that if Grok can monetize significantly on X, the valuation could reach $113 billion. Moreover, xAI hopes to use the continuously updated data on X to train the company's new models, rather than paying for datasets like other AI companies. However, compared to OpenAI's discussions for $40 billion in financing at a valuation of $300 billion in March, there is still a gap between the two. Risks and next steps But we know that huge leverage could dilute shareholder equity and increase interest burdens. Investors are currently closely monitoring Grok's paid subscription conversion rate and the progress of integration with the X advertising backend. After Trump took office, the AI risk assessment mechanism in Biden's era executive orders may also be rewritten, and the regulatory landscape remains unclear. Musk previously warned on X: "The cost of AI safety is far higher than imagined." Nevertheless, if the new funds come in, xAI can at least sustain through the next round of model upgrades. Whether it can truly strike a balance between burning cash and monetization will depend on Grok's product penetration rate and the revenue contribution from the X ecosystem.

The Trump Organization has boldly launched Trump Mobile and the T1 phone priced at $499, proclaiming the slogan 'Made in America,' but has been caught by tech experts suspected of being a rebranded Chinese phone. (Background: 'Trump-branded phone' tied to cryptocurrency: Is it a self-serving money machine, or a wealth code imitating Solana?) (Additional context: Trump is selling phones! Launching telecom company Trump Mobile, what highlights does the T1 Phone, touted as made in America, have?) Trump Organization announced its entry into the telecom market yesterday, establishing Trump Mobile, and launched its first smartphone T1 at a pre-order price of $499, claiming it is '100% made in America.' However, after the announcement, tech experts questioned whether this golden-bodied new phone is simply a rebranded version manufactured by Chinese company Wingtech, rendering the Trump family's 'America First' slogan a falsehood. $499 T1: Ordinary specs, brand hype first According to official sources, Trump Mobile is operated by Trump's sons Eric Trump and Donald Trump Jr., promoting the 'The 47 Plan' monthly subscription: $47.45 for unlimited calls, texts, and data, plus roadside assistance and telemedicine. In terms of hardware, the T1 features 256 GB of storage, expected to debut in August and ship in September, with a $100 deposit required for pre-order. The back is printed with the Stars and Stripes and the T1 logo, giving a sense of 'Trump merchandise.' The words 'Made in America' have been challenged However, just as the Trump Organization assured that the T1 would be produced in Alabama, California, and Florida, tech analyst Max Weinbach pointed out in a post on X that the T1 and the Wingtech-made T-Mobile REVVL 7 Pro look almost identical in appearance and camera configuration; the latter sells for only $169 after discounts on Amazon. This price difference raised suspicions about the T1's origin and cost. And the answer is… Wingtech REVVL 7 Pro 5G! Same device as the T-Mobile REVVL 7 Pro 5G, custom body. Wingtech, now owned by Luxshare, makes it in Jiaxing, Wuxi, or Kunming China https://t.co/KFS3WtMF5O — Max Weinbach (@MaxWinebach) June 16, 2025 Additionally, Apple Insider bluntly stated: 'The T1 is definitely not designed and assembled in America, just modified in America.' Cost reality: Dreaming of manufacturing, wallets hurt first Tinglong Dai, a professor at Johns Hopkins University, estimated in an interview with The Independent that building a complete supply chain for a similar T1 in America would take at least five years. The only phone that proudly claims to be made entirely in America, the Purism phone, approaches $2,000, highlighting the pressure of high wages and component dependencies on costs. In other words, if a 'purely American-bred' phone can be bought for $499, it might just be a marketing tactic by the Trump Organization. Whether the Trump family can fulfill their 'America First' promise with the T1 will be seen after its September launch; however, consumers might need to confirm before placing an order whether the golden exterior truly represents the Stars and Stripes or a 'Made in China' label.

The United States Senate passed the GENIUS Act with a bipartisan vote of 68 in favor and 30 against, establishing the first federal regulatory framework for stablecoins, which will next be sent to the House of Representatives for review. (Background: CEO of American Bank: Developing its own stablecoin, Tether's CEO provocatively replies: It's time for a showdown) (Supplementary Background: South Korea submitted a 'Stablecoin Act,' allowing domestic companies to issue stablecoins with adequate reserve assets) On the morning of the 18th in Taiwan time, the U.S. Senate officially passed the (2025 U.S. Stablecoin National Innovation and Regulation Act) (GENIUS Act) by a vote of 68 to 30, setting the first set of federal rules for the stablecoin market, valued at over $250 billion. The bill has now been sent to the House of Representatives for further review to determine whether this framework can be officially implemented. High Standards for Reserves and Transparency According to the bill, stablecoins must be pegged to the dollar on a one-to-one basis and fully backed by cash and one-year U.S. Treasury bonds; issuers are required to publish reserve details monthly, and projects with a market value exceeding $50 billion must undergo annual audits. Republican Senator Bill Hagerty from Tennessee stated, 'With this bill, America is one step closer to becoming a global leader in the cryptocurrency space.' Amanda Tuminelli, Executive Director of the DeFi Education Fund, called this progress a 'milestone step in establishing appropriate digital asset regulation in the United States.' Compliance Thresholds and Industry Responses The GENIUS Act only allows licensed institutions to issue stablecoins and incorporates anti-money laundering and sanctions screening as core obligations. TRM Labs pointed out that stablecoins account for over 60% of the overall crypto trading volume, and while it is estimated that 99% of the activity is legitimate, the fast settlement characteristics also attract illegal funds. Ji Kim, acting CEO of the Crypto Council for Innovation, believes, 'This is a historic step for the digital asset industry.' Controversial Focus and Subsequent Variables Critics, led by Senator Elizabeth Warren, have questioned why the bill does not address loopholes for foreign tokens like USDT and worry that tech giants could issue their own currencies. Earlier, the House proposed a more comprehensive (Digital Asset Market Transparency Act), and how the two bills will be integrated is a key focus for the industry. After the GENIUS Act broke through the Senate, the United States formed a clear blueprint for stablecoin regulation for the first time. The next steps will depend on the House vote results, coordination with other crypto bills, and the stance of the White House, which will influence the global competitiveness of the dollar stablecoin. Related Reports CEO of American Bank: Developing its own stablecoin, Tether's CEO provocatively replies: It's time for a showdown. Airwallex CEO provocatively states 'Stablecoins are useless': cross-border transaction fees are higher than fiat currencies; comments sparked backlash from the crypto community. 'The U.S. Senate officially passes the (GENIUS Stablecoin Act), the next step is to overcome the final vote in the House' was first published in BlockTempo (BlockTempo - the most influential blockchain news media).

The significance of ERC-7786 lies not only in making cross-chain interactions more convenient but also in its attempt to establish a unified standard for 'multi-chain collaboration' to combat 'entropy increase' at its core. This not only further promotes a 'unified' program for on-chain liquidity but also drives the multi-chain ecosystem towards maturity. (Background: Securing Ethereum EIP-7702 upgrade: a safe EOA to smart wallet transition proxy model) (Supplementary background: Human struggles that code cannot solve: internal strife, exodus, and future within the Ethereum core circle). The Ethereum ecosystem may soon transition from the chaotic phase of L2 'Warring States' into a unified era. The key to this lies in the ongoing ERC-7786, which attempts to set a universal cross-chain communication 'interface standard' for Ethereum, thereby integrating various messaging standards under a unified API to enable communication between smart contracts across different blockchain networks within the Ethereum ecosystem. As early as April 15, Ethereum Foundation member joshrudolf.eth publicly emphasized that 'cross-chain messaging is one of the key elements in solving the cross-chain user experience problems of Ethereum.' So what exactly is ERC-7786, what problems does it aim to solve, and why is it important? This article will help you understand this new standard that all Ethereum users should pay attention to. 01 Ethereum needs a unified cross-chain communication protocol. As is well known, from the initial multi-chain concept of Cosmos and Polkadot to the prosperity of Rollup in the Ethereum L2 era, especially with the significant development of application chains such as OP Stack, Arbitrum Nova, and Starknet, liquidity has become increasingly fragmented across Ethereum and L2. According to L2BEAT's incomplete statistics, there are more than a hundred Ethereum L2s in a broad sense, leading to a long-discussed issue - the extreme fragmentation of liquidity. It is worth noting that even though they are all based on the Ethereum ecosystem, different L2s do not communicate with each other. Users wishing to transfer assets from Arbitrum to Starknet or interact with contracts across different L2s can only rely on cross-chain bridges or cross-chain messaging protocols to achieve safe interactions between contracts, users, and assets across multiple networks. Source: L2BEAT This not only results in users incurring friction costs annually due to cross-chain barriers but more critically, the synergistic effects between different L2s within the Ethereum ecosystem have also been severely weakened. Although there are already several protocols that have implemented inter-chain communication functions, each protocol has its own interface, calling methods, and security models. Developers find it nearly impossible to reuse code or interface logic across different protocols, which directly leads to each party repeatedly 'reinventing the wheel' and high operational costs, with the user experience being extremely fragmented. Therefore, the proposal of ERC-7786 is aimed at breaking this fragmented ecology by providing a unified standard interface for all inter-chain communication protocols, allowing DApps to communicate securely with any chain through the same 'gateway' without binding to a specific protocol: This standard is led by OpenZeppelin and supported by multiple cross-chain and modular projects including the Ethereum Foundation and Axelar, aiming to standardize a universal interface for decentralized applications (DApps) to safely send and receive messages across multiple blockchains. Source: erc7786.org 02 ERC-7786: Cross-chain communication 'unified interface' If we summarize ERC-7786 in one sentence, it is like the 'ERC-20' of the cross-chain communication field. Just as ERC-20 provides a standard interface for tokens and ERC-721 defines a general specification for NFTs, ERC-7786 also attempts to establish a unified, general 'communication interface' for cross-chain messaging - you can liken it to the 'USB standard' in the Web3 world, allowing any protocol to plug and play as long as it connects to the standardized interface. The following diagram presents the core components and processes of ERC-7786, demonstrating how to send and receive messages across different blockchains through standardized interfaces, where one ERC-7786 message includes four basic elements: Sender: identified in CAIP-10 format (e.g., eip155:1:0xabc...) Receiver: also identified as a CAIP-10 target address Payload: any executable data (bytes) Attributes: additional parameters, such as gas limits, processing priority, etc., expressed in function signature form (e.g., minGasLimit (uint256)) Source: erc7786.org Among them, sendMessage() is used to initiate messages from chain A, and executeMessage() is used for chain B to receive and execute. This 'send-receive closed loop' constitutes the foundational logic of cross-chain communication, allowing DApps to package the standard interface once and be compatible with multiple cross-chain protocol modules, achieving true 'protocol decoupling + communication freedom'. Currently, ERC-7786 has also announced that its interface functionality is complete and is awaiting the final merging of the binary interoperability address specification (i.e., unified address encoding). In the future, there are plans to add a 'Gas sponsorship' extension package that allows users to have third parties prepay gas when executing transactions on the target chain, thereby optimizing the user experience of inter-chain interactions. More critically, the design of ERC-7786 supports modular adaptation, allowing developers to build Adapters for existing mainstream cross-chain protocols (such as Axelar, LayerZero, Wormhole, etc.) without needing to restructure logic, enabling rapid compatibility with the ERC-7786 standard interface. This means that even if users, liquidity, and applications are distributed across multiple L2s or heterogeneous chains, DApps can utilize ERC-7786 to construct native cross-chain calling capabilities without being tied to specific bridge protocols or relying on cumbersome UI switches, significantly enhancing the overall experience and reducing integration complexity. It is worth mentioning that the attribute mechanism (Attributes) of ERC-7786 also allows the integration of extension functionalities from different cross-chain protocols, such as validation logic, state proofs, quota control, etc., without affecting the standard main process, thus leaving ample flexible interface space for the evolution of middleware and validation mechanisms. From this perspective, the significance of ERC-7786 goes beyond merely 'being compatible with multiple cross-chain protocols'; it also represents a new era in which the multi-chain architecture of Web3 is moving from 'cross-chain deployment' to 'native interoperability'. 03 What can ERC-7786 bring? For this reason, ERC-7786 is widely regarded as an important infrastructure driving Ethereum and the multi-chain ecosystem towards higher interoperability, breaking down long-standing protocol barriers and laying a unified standard infrastructure for future cross-chain functionality expansion, validation mechanism upgrades, and multi-chain collaboration. From a practical implementation perspective, the value brought by ERC-7786 can be summarized into two core beneficiaries - developers and end-users: For developers, they only need to open...

On the afternoon of June 17, local time in the United States, President Trump will host a closed-door meeting in the White House Situation Room to discuss whether to launch precision strikes against Iran. Foreign media (Axios) cited several officials who pointed out that the focus is on the Fordow underground uranium enrichment facility. (Background: New York Times: Trump proposed Vice President Vance to meet with the Iranian Foreign Minister this week, leaving G7 early to stay at the White House) (Additional background: Trump called for everyone to 'immediately evacuate Tehran,' stating that Iran must never have nuclear weapons, Bitcoin dropped by $106,000) On the morning of the 18th Taiwan time, which is the afternoon of June 17 local time in the United States, President Trump will host a closed-door meeting in the White House Situation Room to discuss whether to launch precision strikes against Iran. Foreign media (Axios) cited several officials who pointed out that the focus is on the Fordow underground uranium enrichment facility. Bitcoin fell below $104,000 after the news broke, with the price rapidly sliding. According to CoinDesk, BTC once dropped below $104,000, with a nearly 24-hour decline expanding to 3.8%. Wall Street stock index futures also turned lower, indicating a rise in risk-averse sentiment. Bitcoin trend. Source: CoinGecko Trump made a strong statement: what he wants is not a ceasefire, but a complete end. To attend this meeting, Trump left the G7 summit in Italy early and told reporters on Air Force One that he had no interest in a 'ceasefire,' and the goal is to 'completely end' the war and Iran's nuclear program. Earlier, he posted on Truth Social, claiming that the U.S. has 'full and complete control' over Iranian airspace, and warned Khamenei not to attack U.S. troops, even posting the phrase 'unconditional surrender.' 'We know where you are hiding. If Iran threatens the U.S. or its allies again, the consequences will be on you.' Vice President J.D. Vance subsequently wrote on X platform in support, stating that Trump's stance on the Iranian nuclear issue has been consistent, 'The president may have to take action to completely end the enrichment program.' Focus of the Situation Room: Fordow nuclear facility as the primary target. According to Axios quoting White House officials, the core of the meeting is to assess the risks and benefits of taking 'limited precision strikes' against Iran, targeting the Fordow underground uranium enrichment facility. The U.S. assesses that Israel's recent series of airstrikes have strained Iran's air defense network, and if U.S. forces join in, it is expected to severely damage its nuclear program. An official who participated in the briefing revealed: 'The president is seriously evaluating all options, including limited strikes against Iranian nuclear facilities.' Besides directly deploying strike groups, the Department of Defense has also submitted alternative plans for providing intelligence, aerial refueling, and electronic warfare support. On the other hand, U.S.-Iran negotiations mediated by Oman have hit a deadlock, and Iran's Foreign Ministry warned that if the U.S. intervenes, U.S. military bases and ships in the region will be considered retaliation targets. As of the time of publication, the White House has not announced a final decision. Investors should strictly control leverage in the short term, maintain cash levels, and wait for the final signal from Washington. Related reports: Israeli airstrikes on Iran 'oil prices soared by 10%,' Michael Saylor calls for bottom fishing in Bitcoin: the more you buy, the more you earn. Israel first bombed Iranian natural gas oil fields and demanded the U.S. to send troops! How did Trump respond? Multiple senior Iranian officials dead! Initiating 'unlimited' retaliation against Israel, deploying drone combat groups. (Breaking news) Trump hosts a White House Situation Room meeting to discuss 'military action against Iran,' Bitcoin falls below $104,000. This article was first published in BlockTempo (the most influential blockchain news media).

The Istanbul Blockchain Week will physically return from June 26 to 27, 2025, at the Hilton Istanbul Bomonti Hotel. (Background: The Istanbul Blockchain Week will grandly return on August 13 and 14, showcasing three major highlight events at once.) (Background information: With the 'Binance Turkey Blockchain Week' approaching, many heavyweight guests will gather in Istanbul.) This article is a press release provided by EAK Ventures and does not represent the views of the BlockTempo. Dealflow Den, co-hosted by IBW and venture capital firm EAK Ventures, is a matchmaking platform specifically designed for high-potential startups, assisting them in connecting with top investors, increasing visibility, receiving professional feedback, and seeking funding opportunities. What are the highlights of this year's Dealflow Den? Dealflow Den will showcase promising early-stage Web3 and AI projects, covering everything from startup stages to seed rounds, providing a direct showcase channel to the world's top venture capital institutions. Founders will have the opportunity to present on-site to senior investors, industry analysts, and partners, build networks, and participate in multiple interactive exchange activities. This year, a series of renowned venture capital institutions will participate, including: TON Ventures, Polychain, Huan Ventures, Animoca Brands, Sigma Fund, Illuminati Capital, UF Ventures, LDP Ventures, Newtribe Capital, Big Brain Holdings, HadronFC, Outlier Ventures, Coinswitch Ventures, and Tykhe Ventures. The event will kick off on June 26, with several 'VC roundtable discussions' and 'panel forums' scheduled for that day, where investors and industry leaders will jointly explore blockchain market trends, investment opportunities, and innovative futures. June 27 will feature the highlight event — live fundraising presentations from selected startup teams. Attending founders will also have the opportunity for one-on-one meetings with investors and a private exchange period during 'VC After Hours.' This event is expected to attract over 20 top Web3 investment institutions actively seeking potential projects, covering a diverse range of crypto tracks. The presentation review panel will consist of venture capital firms, financial market operators, investment alliances, analysts, and representatives from two major blockchain ecosystems. Dealflow Den: A highly recognized success story Last year's event invited 16 innovative projects to present to a review panel composed of 11 top investment institutions, covering topics such as quantum-resistant algorithms and innovations in trading infrastructure. Participating institutions at that time included HTX Ventures, TON Ventures, Coinswitch Ventures, Variant Fund, Tykhe Ventures, AITECH, and Ape Terminal. This event has established its position as the preferred platform for investment matchmaking in the Web3 field. Istanbul Blockchain Week founder Erhan Korhaliller stated, "I am very excited about this year's event; Dealflow Den is a stage for the next generation of Web3 founders to introduce themselves to the world. Our mission is to drive innovation and development in the industry and build bridges for investment and collaboration opportunities." Learn more and purchase tickets to participate in Dealflow Den: https://lu.ma/5yrmfg7v About Istanbul Blockchain Week Istanbul Blockchain Week is an annual event that gathers blockchain enthusiasts, industry experts, and leaders from around the world to promote exchange and collaboration. Since its inception, it has successfully held three sessions, attracting over 15,000 participants and inviting over 180 domestic and international speakers, including influential figures such as Zhao Changpeng (CZ), Yat Siu, David Chaum, and Sebastian Borget. IBW will return to the core area of Turkey's crypto ecosystem from June 26 to 27, 2025. The event will include keynote speeches, forums, workshops, and exhibitions, comprehensively exploring the latest developments and applications of Web3 technology. This is an excellent opportunity to gain in-depth insights into the blockchain world, engage in discussions with industry leaders, and explore innovative opportunities. For event information and ticket purchases, please visit the official website: istanbulblockchainweek.com Related reports Token2049 travel collection: The collapse of faith at dawn, Solana conference shines, project team farewell. Where can China, the United States, Europe, Dubai, Singapore... become the unbeatable treasure land for Web3 development? "Dealflow Den Returns to Istanbul Blockchain Week 2025: A Not-to-be-Missed Matchmaking Opportunity for Startups and Investors" was first published on BlockTempo (the most influential blockchain news media).

Bank of America describes Bitcoin as the most disruptive innovation in a thousand years and plans to promote cryptocurrency payments and stablecoins once regulations are clear. (Background: Where might Bitcoin's peak be this cycle? Multiple valuation models show you.) (Context: James Wynn: Bitcoin's market share will reach new heights, rising to at least $120,000 to $140,000 before the altcoin season.) Wall Street's attitude towards crypto assets is rapidly shifting. According to a report by Bitcoin.com on June 17, Bank of America's global research department has listed Bitcoin among the most disruptive technological innovations of the past thousand years, alongside printing technology and the internet. Bank of America: Bitcoin is on par with printing technology and the internet. The long-term trend chart released by the bank indicates that Bitcoin is located in the steepest section of the technology acceleration curve, labeled as 'systemic innovation.' The report states that Bitcoin challenges fiat currency monopolies through a decentralized network, having generated over $2 trillion in the digital asset market. Bank of America does not currently offer spot trading. CEO Brian Moynihan stated at the Davos Forum in January, 'Once the rules are clear, we will quickly integrate crypto payments into our customers' everyday banking services.' He also revealed that the team is evaluating a dollar-pegged stablecoin solution, with progress depending on whether Congress passes the GENIUS Act. This bill requires stablecoins to be 100% backed by highly liquid assets and authorizes the Federal Reserve to oversee them. According to public Senate documents, the GENIUS Act has been rescheduled for this session's agenda, with bipartisan support, and may be voted on as soon as this quarter. Traditional finance's attitude towards cryptocurrencies is also warming. Deutsche Bank and Citibank have recently submitted similar stablecoin patents; S&P indices show that the number of institutions holding Bitcoin has increased by 42% over the past year. Related reports: Annual salary not reaching 1.5 million! A man in Taichung was discouraged from applying for a new Green Secure loan by a public bank: 'You are too poor.' Not just the Federal! Banks are considering 'blocking deposits and withdrawals to exchanges'; how to play crypto in Taiwan? Bank of America CEO: Developing its own stablecoin, Tether's CEO subtly challenges: 'It's time for a showdown.' 'Bank of America: Bitcoin is a thousand years of 'disruptive innovation,' comparable to printing technology!' This article was first published in BlockTempo (the most influential blockchain news media).

A lawyer named Chen Yixuan, who assisted in fraud, has emerged from a prestigious legal family in Kaohsiung, shocking the southern legal community. The first-instance verdict has made it even more surprising. (Background: Bank employees colluded with a fraud group to create dummy accounts, 'price for the first time exposed', is it as cheap as the involved lawyer?) (Additional background: Victims of the fraud were mocked by police saying 'how are you still alive', leading to a mother and daughter’s tragic collapse! Behind this is an old jewelry merchant laundering money through USDT.) Despite having favorable conditions, former Deputy Secretary-General of the Kaohsiung Bar Association Chen Yixuan was discovered by the prosecutor's office in August 2023, suspected of acting as a 'strategist' for a fraud group, guiding criminal methods and legal tactics. He conspired with a group of wealthy second-generation classmates to commit fraud and engage in illegal activities. In today's first-instance ruling, the judge considered that Chen Yixuan had no prior convictions and showed good behavior post-crime, sentencing him to 8 months in prison, with a 3-year probation. The prosecution indicated they would appeal. Wealthy second-generation individuals flaunting supercars and involved in fraud have led many citizens to question 'Can the law not deal with the wealthy second-generation?' Since Chen Yixuan and the mastermind of the fraud group were originally friends from high school, they typically spent money lavishly, drove luxury cars and supercars, and even held orgy parties at private venues to 'celebrate', where they allegedly engaged in drug use for entertainment, prompting the prosecution to heavily criticize their deviant values. The case exploded because Chen Yixuan obtained evidence such as the confessions of arrested drivers and criminal proceeds through accomplice investigations during a crackdown on fraud groups by the prosecution in 2023, reporting back to the fraud group to create breaks in their operations. It was later discovered that the fraud group was involved in blackmailing drivers, with wealthy second-generation individuals instructing their subordinates to coerce drivers into signing promissory notes and withholding identification, then using legal tactics to forcefully execute court orders to collect money. This led to the discovery that the main suspects in the fraud group—32-year-old Hong Shuofu, 30-year-old Chen Guanyu, and Chen Yikai—were all wealthy second-generation individuals. The 31-year-old Ma Jiayu's father was the chairman of the Hengchun Township representative assembly in Pingtung, while 30-year-old Chen Yixuan's father was a judge and chief judge at the Kaohsiung District Court, who transitioned to being a lawyer after retirement. His brother is also a lawyer, and the family established a law firm. Chen Yixuan obtained his lawyer's license right after graduating from university and started working in the firm, later also serving as the deputy secretary-general of the Kaohsiung Bar Association. The five of them graduated from the same aristocratic private high school and began to engage in illegal activities, resembling a 'wealthy second-generation gang exploiting others' that defrauded over 400 million New Taiwan dollars in just three months. Source: Provided by the Kaohsiung Criminal Police. The prosecution was dissatisfied with the first-instance result, having arrested 21 members of the fraud group and seizing 2 properties, 2.8 million in cash, 344 USDT, and over 2 million in securities, along with luxury cars like BMW, Mercedes, and McLaren. The first-instance ruling sentenced the main suspect Zhang Yaoyuan to 5 years and 2 months, Hong Shuofu to 5 years and 8 months, Chen Guanyu to 3 years and 2 months, and Ma Jiayu to 4 years in prison. Chen Yixuan, however, received a light sentence of 8 months for the crime of leaking secrets, with a 3-year probation due to having no prior convictions, acknowledging most of his wrongdoing, expressing remorse, and reaching a settlement with the victims, leading to a belief that he would not re-offend. The prosecution found the result hard to accept and stated they would definitely appeal.

The two sons of President Trump, Donald Trump Jr. and Eric Trump, launched the "Trump Phone", which is not only a hardware product but also a political declaration, attempting to combine specific ideologies with business models. This article is based on a piece written by Luke from Mars Finance, reorganized by ForeSightNews. (Background: Trump is selling phones! Launching the telecom company Trump Mobile, what are the highlights of the T1 Phone that focuses on American manufacturing?) (Background supplement: How to reconstruct the traditional telecom industry with blockchain and Web3?) When a mobile phone is no longer just a communication tool but is forged into a ticket to a "parallel universe", the rules of the game have quietly changed. Donald Trump Jr. and Eric Trump chose to announce the "Trump Phone" (Trump Mobile) at a significant milestone—the tenth anniversary of their father's presidential campaign. This act itself is a carefully orchestrated political spectacle. It is not only a hardware product or a telecom service, but also a declaration, a digital totem that attempts to bind specific ideologies, communities, and business models together. However, beneath the noisy release and the loud slogan of "Made in America", a deeper question surfaces: Is this a serious technological business innovation or yet another "patriot scam" that harvests supporters' political enthusiasm? To see through this maze, we cannot just focus on Trump's name but need to look towards a seemingly unrelated field—the crypto world, and that phone that once staged the "resurrection" myth, the Solana Saga phone. Is the business model of the "Trump Phone" a political translation of the "airdrop economics" in the Web3 field? Is it retracing the path of the "Freedom Phone" from three years ago, which was a rebranded product that exploited supporters, or is it quietly borrowing the viral marketing code of the Saga phone that offers "buy a phone, get wealth"? This golden phone, does it dial into an abyss of scams from which there is no return, or a new commercial continent built on faith, community, and capital? The Illusion of Value Behind the "Made in America" Gold Plating The core narrative of the "Trump Phone" is built on two cornerstones: a golden smartphone named "T1" and a mobile communication service called the "47 Package". Both are wrapped in a strong sentiment of "America First". The monthly package price of $47.45 cleverly resonates with its father's presidential term (the 45th) and future political aspirations (the 47th), while the most core selling point of the "T1 Phone" is that highly provocative promise—"Designed and manufactured in the USA". This promise seems both brave and illusory in the context of global manufacturing in 2025. Smartphones are a "dragon ball" of global cooperation, with supply chains spanning Asia, Europe, and America. From processors made by Qualcomm or MediaTek to OLED screens from Samsung or BOE, and batteries from CATL or LG, the manufacturing of core components has long formed a highly concentrated industrial cluster. According to the strict regulations of the U.S. Federal Trade Commission (FTC), "Made in USA" means that "all or most" components and processes must originate from the United States. For smartphones, this is an almost impossible task. Therefore, a more realistic guess is that the "T1 Phone" will follow the route of "Assembled in USA"—that is, globally sourced parts, with the final assembly completed in the U.S. This is legally compliant, but in marketing, using "manufactured" instead of "assembled" undoubtedly better stimulates the national pride and purchasing impulse of the target audience. This wordplay is part of its business strategy, aiming to construct an illusion of "patriotic consumption". Similarly, the nearly $50 monthly "47 Package" holds no price advantage in the fiercely competitive U.S. mobile virtual network operator (MVNO) market. Whether it's Visible, Mint Mobile, or US Mobile, they can offer similar or even more unlimited data at lower prices. The strategy of Trump Phone is clearly not about price-performance ratio, but about "value bundling". The value-added services included in the package, such as roadside assistance and telemedicine, precisely hit the psychological needs of its core user group—older, non-urban conservative voters who value traditional security. Consumers are not just purchasing communication services, but also an emotional comfort of being "prepared", which is precisely the core of its political brand narrative. However, this model is not without precedent. Three years ago, a product called the "Freedom Phone" almost played out the exact same script. It was sold at a high price of $500 under the banner of "uncensored" and "designed for patriots". But media investigations soon found that it was merely a rebranded cheap phone (Umidigi A9 Pro) that sold for only $120 on Chinese e-commerce platforms. That farce ultimately ended in a bankruptcy of credibility, becoming a classic case of the "political consumerism" trap. The operation of the "Trump Phone" appears more professional, but its underlying logic is eerily similar to the "Freedom Phone": exploiting ideological premiums to sell a sense of identity rather than the technology product itself. Whether it can shake off the shadow of its predecessor depends on whether it has a hidden card that the "Freedom Phone" did not possess. Insights from the Saga Phone: When Hardware Becomes a "Money Printer" This potential hidden card may be found in the legendary story of the Solana Saga phone. At the beginning of 2023, the Saga phone launched by the blockchain giant Solana was a commercial disaster. As a "crypto phone" focusing on Web3 features, it was priced as high as $1000, but market response was tepid, with dismal sales, and it even dropped to $599 without attracting buyers. However, by the end of 2023, the situation underwent a 180-degree turnaround. The turning point stemmed from a seemingly trivial "airdrop". Every Saga phone holder was eligible to receive an airdrop of 30 million BONK tokens. BONK is a "meme coin" in the Solana ecosystem that initially had negligible value. However, as the crypto market warmed up and the community became enthusiastic, the price of BONK skyrocketed hundreds of times in a short period. Overnight, the value of this airdrop soared to over $1000, far exceeding the phone's selling price. An astonishing wealth effect was born: buying a Saga phone not only allowed for "zero cost" acquisition but also generated hundreds of dollars in profit. The phone was no longer a consumer product but had become a "minting machine" capable of generating money out of thin air. Information spread virally through social media, and the Saga phone sold out within days, with second-hand market prices even inflated to over five times the original price. The resurgence of Saga provides a disruptive new idea for the tech industry: hardware can succeed not by relying on its own performance or experience, but by bundling a "digital asset" with enormous value-added potential to drive sales. The phone itself becomes a customer acquisition entry point and distribution channel, a "VIP pass" to a specific economic ecosystem. Users are no longer purchasing hardware specifications, but a chance to "get on board", a qualification to participate in future wealth distribution.

Fitness technology company Interactive Strength invests a maximum of $500 million to acquire Fetch.ai tokens, striving to become the largest AI token holder among publicly listed companies in the United States, with the market watching whether this cross-border operation can bring a win-win situation for both the company and FET. (Background: Eric Trump, the second son of Trump, denies joining Tron for a reverse merger listing of a new company, and SRM Entertainment's stock skyrocketed 533% overnight) (Additional background: Sun Yuchen wants to make TRON public in the United States! The Tron network is quickly IPOing through a reverse merger with SRM, and Trump is also involved?) Smart mirrors (intelligent mirrors that can be used during exercise) manufacturer Interactive Strength (Nasdaq: TRNR) is heavily investing in cryptocurrency. Today, the company announced that it has initiated its cryptocurrency asset strategy with a first round investment of $55 million, looking to ultimately scale up to $500 million, all to purchase Fetch.ai (FET) tokens. If the plan is completed, TRNR may become the company holding the largest scale of AI tokens among U.S. listed companies. First round of $55 million secured The company completed its first financing of $55 million through a securities purchase agreement on June 13, with funds coming from private equity firm ATW Partners and cryptocurrency market maker DWF Labs. TRNR has commissioned custodian BitGo to gradually purchase FET in the open market. According to Financial Modeling Prep quotes on the 14th, TRNR's stock closed at $0.74, rising 6.2% for the day. Why target FET? FET is among the top 50 cryptocurrencies by market capitalization and is one of the top five AI-themed tokens. Coingecko data shows that FET was quoted at $0.677 before the deadline. TRNR has reached a technical collaboration with Fetch.ai, integrating the latter's autonomous agents into TRNR's digital fitness platform to help create an AI-driven personal training experience. The company plans to use BitGo's multi-signature custody to ensure the safety of the tokens. What is the cryptocurrency community's assessment? DWF Labs commented: "This represents the next wave of AI-driven digital assets arriving in the corporate capital market." Outside the cryptocurrency circle, Synaptogenix also plans to establish a TAO token pool of up to $100 million, indicating that traditional companies are quickly testing AI tokens. For TRNR, successful execution is expected to expand its balance sheet and strengthen its brand, but price volatility in cryptocurrencies, regulatory variables, and challenges in technological integration remain "unknowns." Related reports Eric Trump, the second son of Trump, denies joining Tron for a reverse merger listing of a new company, and SRM Entertainment's stock skyrocketed 533% overnight. Will Solana ETF be listed in July? The SEC requires issuers to submit revised S-1 documents, showing goodwill on staking functions. "Nasdaq-listed company TRNR aggressively enters AI cryptocurrency: $500 million extravagantly buys Fetch.ai tokens (FET)" This article was originally published by BlockTempo (BlockTempo - the most influential blockchain news media).

OpenAI launches 'OpenAI for Government' and secures a $200 million pilot intention from the Pentagon, expanding the AI landscape into the U.S. government. (Background: OpenAI releases the strongest model 'o3-pro' and significantly reduces the o3 price by 80%, outperforming Gemini 2.5 Pro, Claude 4 Opus…) (Additional Background: As the whole world rushes into AI, why is Apple still standing still?) AI giant OpenAI announced 'OpenAI for Government' on the 16th in U.S. time and began a pilot collaboration with the U.S. Department of Defense worth up to $200 million, indicating that generative AI is rapidly entering the public sphere. Targeting the huge government market, OpenAI launched 'OpenAI for Government' on June 16, integrating existing collaborations with NASA, NIH, Air Force Research Laboratory, and the Treasury Department, and incorporating ChatGPT Gov as a key product. A pilot in Pennsylvania showed that civil servants using this integrated system save an average of 105 minutes per day on routine tasks. ChatGPT Gov: Focused on Self-Hosting and High-Spec Compliance To meet the government's strict requirements for security and privacy, ChatGPT Gov supports IL5, CJIS, ITAR, and FedRAMP High, and can be deployed on Microsoft Azure commercial or government cloud. The self-hosting mechanism allows sensitive data to remain within the agency, reducing the risk of leakage. Previous data indicated that more than 90,000 government employees in the U.S. are using ChatGPT, showing a large original user base. Pentagon pilot focuses on national security and healthcare This first large collaboration aimed at the government comes from the U.S. Department of Defense and its CDAO (Chief Digital and AI Office), with a contract ceiling of $200 million. The pilot focuses on three major areas: optimizing medical registration for military personnel and their families, accelerating procurement data review, and strengthening proactive network defense. The contract stipulates that all model applications must comply with OpenAI's usage policies, highlighting a commitment to responsible AI. Meanwhile, the federal project AI.gov is integrating multiple models, showing that the U.S. government is adopting a multi-vendor strategy, and OpenAI must balance compliance, cost, and performance. Related Reports I use AI to play war games: GPT o3 is the scheming mastermind, DeepSeek is a war fanatic, and Claude is like a naive sweetheart.. Ukraine considers establishing a 'Bitcoin War Reserve' and collaborates with Binance to promote legislation India-Pakistan war escalates! Financial Times: 26 people killed in Indian airstrikes, Pakistan vows to retaliate more strongly 'OpenAI grabs a slice of the government pie! National security AI services first secure $200 million collaboration with the Pentagon' This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).

Since May, BNB Chain's trading volume and active users have both set new records, with DeFi, meme coin trading (volume manipulation), and a $100 million incentive program becoming the growth engines. (Background: Binance Alpha's new airdrop system launched) Starting from June 19, it will be divided into two phases: high-scoring users will receive rewards first, followed by a first-come, first-served basis until the reward pool is exhausted.) (Background information: Binance Alpha 'ZKJ, KOGE plummeted 81%', users were targeted by liquidity attacks: only 20% of assets left after manipulation.) Since May 2025, trading and user metrics on BNB Chain have skyrocketed. On-chain data shows that daily transaction counts have increased from 6 million to over 15 million, and active addresses are nearing 2 million, with real users also reaching a historical high of 1.7 million during the same period. The market interprets this as a triple thrust from the DeFi craze, meme coin speculation, and official incentive airdrops. On-chain data: trading volume doubled, user records broken. According to Nansen's statistics on the 17th, in the past 30 days, BNB Smart Chain processed a total of 405 million transactions, an increase of 243% compared to the previous month. Instant TPS surged to 123, breaking the high point of Q4 2021. Regarding activity, nearly 600,000 new wallets joined the network, with daily active addresses approaching 2 million. Source: Nansen X post. Three major driving forces: 1. DeFi trading boom: PancakeSwap's daily transaction volume once surged to $3.3 billion, briefly overtaking Uniswap. Nansen data shows that in the past 30 days, the overall DEX trading volume on BNB Chain reached $147 billion, surpassing Ethereum and Solana. 2. Meme coins: In March, BNB Chain's meme coin transactions reached $1.64 billion in a single day, attracting retail investors for short-term trading. 3. $100 million ecological incentive: The plan announced by BNB Chain Foundation in April focuses on DeFi, AI, GameFi, and meme projects. After project parties submit applications, they can go live in as little as a week, with significant funding incentives. BNB technical upgrades: The Maxwell hard fork that BNB started testing in May shortened block times to 0.75 seconds, allowing for faster transaction confirmations and reducing slippage risks for high-frequency traders. Futures markets also showed bets in the same direction. Binance futures open interest once rose by 25%, and BNB spot prices remained above $600, indicating that funds still have a positive outlook for the market. Related reports: Binance Alpha points scheme heat, reviewing recent active 10 BNB Chain projects. $SIREN: This AI-driven meme coin could inspire practical tokens for BNB Chain? "Stunning data from BNB Chain: Trading volume surges 243%! Daily active users near 2 million" was first published on BlockTempo (the most influential blockchain news media).

Binance announced that starting from June 19, 2025, the Alpha airdrop event will change to a two-phase system, where high-score users claim first, and the second phase will lower the threshold on a first-come, first-served basis. (Background: Binance: Recent Alpha cheating using 'score manipulation tools' will be treated as violations) (Additional Background: Binance Alpha Research: What are the limits of score effects? Is the 毛工作室 taking everything?) Binance Exchange announced this afternoon (17th) that the Alpha airdrop event will adopt a two-phase mechanism starting from June 19, 2025, in order to improve the efficiency of rewards distribution and reduce reissues. Important Announcement: Starting from June 19th, 2025, the Binance Alpha Airdrop will be distributed in two phases: Phase 1: Users who meet the Alpha point threshold (X) can claim the airdrop within a specified period. Phase 2: The threshold will be lowered to Y (Y @* X); and claims will… — Binance (@binance) June 17, 2025 Two-Phase Rules and Potential Impact The 'Priority Claim' in Phase 1 will start on the same day and will only be open to accounts that reach the high threshold X of Alpha points. Users can complete their application within an exclusive time window to receive the allocation, and the quota is guaranteed to be unaffected by rush purchasing, with points deducted simultaneously. Phase 2 will commence after the first phase ends, with the threshold lowered to Y (Y @* X), on a first-come, first-served basis, stopping once the reward pool is exhausted. An official example indicates that each claim consumes about 15 points, but the actual value still needs to be updated according to the activity page. Binance announced on Square that this move is a response to the previously low claim rates for some airdrops. Experts analyze that lowering the threshold helps increase retail participation, but popular projects may be quickly claimed by high-score users during the first phase. In summary, the new system separates 'guaranteed allocation' and 'race to claim', ensuring high-score accounts secure rewards while low-score users still have opportunities but must closely monitor and act quickly. Interested participants should check their Alpha point balance and pay attention to official follow-up announcements to avoid missing the best timing. Related Reports: 4 Steps to Efficiently Find Alpha on X + Smart Money Twitter Account Compilation Binance Alpha Points Heat, Reviewing 10 Recently Active BNB Chain Projects Binance's Four Major Profit Mechanisms: TGE, Launchpool, HODLer, and Megadrop Profit Analysis, Should You Hold BNB Long-Term or Rush for Alpha Points? "Binance Alpha Airdrop New System Launches) From 6/19, It Will Be Divided into Two Phases: High-Score Users Claim First, Second Phase First-Come, First-Served Until the Reward Pool is Exhausted" This article was first published on BlockTempo (BlockTempo - The Most Influential Blockchain News Media).

Sahara AI's community round raised over $74 million, exceeding the target by 8.7 times, reigniting the discussion on the integration of AI and blockchain. (Background: Sahara AI completed a $43 million funding round to create a collaborative AI economy) (Supplementary background: Intersection of AI and Crypto: In-depth analysis of five major AI Layer 1 projects) The heavyweight AI crypto project Sahara AI completed its community round on the 16th at BuidlPad, attracting over $74 million in just 10 days, about 8.7 times higher than the hard cap of $8.5 million. Data shows that investors came from 118 countries, demonstrating retail market expectations for AI-native blockchains. Global investor enthusiasm for BuidlPad statistics attracted over 100,000 participants, with approximately 34,000 qualified accounts confirmed after KYC, resulting in over 30,000 actual remittances. Each person could invest between $50 and $3,000, with options for USD1 or BNB. After the amount quickly filled the quota, the platform refunded the excess portion as per regulations. To eliminate fraudulent accounts, BuidlPad removed about 69,000 suspicious addresses and restricted participation from certain regulated areas. The platform stated that this measure not only maintains fairness but also reduces compliance risks for future token listings. Token economics and investment lineup This round released a total supply of 1.4167% of the tokens, with all unlocked on the day of TGE, without any lock-up, highlighting the team's confidence in the project's liquidity. Early shareholders include institutions such as Polychain Capital, Binance Labs, Pantera Capital, Sequoia, and Samsung, adding endorsement to the platform. Sahara AI positions itself as a full-stack AI blockchain, allowing users to earn rewards in data, marketplace, and development layers. The impressive performance of the community round confirms that the intersection of AI and blockchain still has imaginative potential. Related reports DeFAI New Era: Overview of Four Major Tracks: AI Abstraction, Automated Investment Management, Market Forecasting, Infrastructure Sam Altman’s Real Observations on Future AI: The Singularity will not explode, but will quietly consume everything Jensen Huang: Europe's computing power has increased tenfold in two years! NVIDIA sets up AI technology centers in seven countries and will have 20 super factories "Sahara AI's community round raised over $74 million on BuidlPad, exceeding the target by 877%" this article was first published in BlockTempo (Dongqu Dongqu - the most influential blockchain news media).