ApeWithNotes

According to a report from the CoinDesk, Coinbase’s Chief Policy Officer rebutted US Senator Elizabeth Warren (D-MA)’s criticism of the CLARITY Act, saying the crypto bill strengthens national security protections rather than creating sanctions enforcement risks. Coinbase is challenging Senator Warren’s warning that the CLARITY Act could threaten sanctions enforcement.

CoinWorld stated that Elon Musk publicly admitted he had previously misjudged Anthropic, now regarding it as the top player in the AI field, and explained the shift. In February, he criticized the company for being "hostile to Western civilization" and accused it of stealing training data. In May, Anthropic leased SpaceX's Colossus 1 data center and utilized over 220k GPUs. Musk said that after communicating with the leadership, he found them capable and upright, and expressed willingness to continue cooperating and no longer harm its computing power.

CoinWorld news, Wu learns that the Zcash development team stated that it plans to introduce formal verification through the upcoming new privacy pool, Ironwood, to mathematically prove and eliminate the risk of "undetectable counterfeiting." The team stated that although the vulnerability in the previous Orchard shielded pool has been fixed and there is currently no evidence of it being exploited, since it is theoretically impossible to confirm whether hidden counterfeiting has occurred through on-chain history, the community has decided to launch a new Ironwood shielded pool and conduct comprehensive formal verification of its protocol.

Coin World News, Circle CEO Jeremy Allaire responded to the OUSD competitor backed by Coinbase and over 140 companies. He stated that the model behind Open USD is one he has tried before but encountered "endless challenges." OUSD plans to distribute nearly all profits to partners, directly challenging USDC's business model. Allaire also said that Circle will continue to support different products and infrastructure, "even if we may compete." He added: "We don't plan to slow down."

Bitcoin’s price is hovering around $60,000, with a risk of either breaking below it or pointing toward $40,000. It has been consolidating in the 59k–60k range for 5 days. Analysts say this static state may be more dangerous than volatility; the price range is below the rebound levels in February and at the beginning of this month, as well as below the 50-day and 200-day moving averages, showing a bearish bias. On-chain indicators show that long-term holders have started selling, market demand is weak, and active addresses and transaction activity are at low levels. The largest Bitcoin corporate holder says it may sell more than $1 billion worth of Bitcoin to stabilize its finances, contrasting with founder Saylor’s “never sell” philosophy.

Coin World News reported that on the 28th, Japan’s Ground Self-Defense Force announced via social media that it has deployed equipment such as the launcher for the “Type 12 shore-to-ship missile” to Minamitorishima Island in the Ogasawara Islands of Tokyo Metropolis. This marks the first time Japan’s Ground Self-Defense Force has deployed shore-to-ship missile-related equipment to Minamitorishima Island, the easternmost remote island.

Coin World News, XBIT DEX stated that Ecuador will face Germany in this match. The leverage prediction shows Germany's win rate at 63%, a draw at 20%, and Ecuador's win rate at 10%. In terms of background, Ecuador drew 0-0 with Curaçao in the opening stage, while Germany defeated Ivory Coast 2-1, controlling the pace of the game. Match analysis suggests that Germany has stronger overall control and offensive depth, while Ecuador relies on defensive structure and discipline to find opportunities.

CryptoWorld News reports that, according to Bernstein, the World Cup betting boom could cause Robinhood's prediction market revenue to reach $586 million by 2026, a significant increase from $150 million in 2025. World Cup trading activity has driven daily market trading volume to $4.8 billion. Bernstein notes that prediction markets have become Robinhood's fastest-growing source of revenue since launch, with daily trading volume rising from $2.2 billion to $4.8 billion between June 11 and 12, surpassing last season's Super Bowl trading volume of $1.4 billion. It is expected that by 2026, Robinhood's prediction market business will contribute approximately 17% of trading revenue and 10% of the company's total revenue.

According to The Wall Street Journal, newly appointed Federal Reserve Chair Kevin Warsh is pushing to adjust the Fed's communication strategy, advocating for fewer public speeches by officials, weakening forward guidance, and considering the removal of the widely watched interest rate forecast "dot plot." Warsh believes that the Fed has relied too heavily on forecasts and communication in recent years, which has instead weakened policy flexibility and increased market dependence on Fed signals, and he hopes to restore a communication style similar to the "less talk, more action" approach of the 1990s.

During the AMA, Hoskinson explained the 1096 BTC dispute related to the Isle of Man Foundation, saying that this batch of Bitcoin was used between 2016 and 2017 to meet the needs of Michael Parsons and the original audit process, and was associated with an email from Parsons in March 2016. The payment amount was far below the price at the time. Thomas Blazier, the founder of 117 Partners, said the explanation partially answered questions but still lacked complete records, calling for the submission of relevant invoices, agreements, and records. The matter is currently part of a public debate on Cardano governance, communication, and financial decision-making.

In May, the U.S. Small Business Confidence Index dropped to 95.3, although it remains above the 52-year average; the Uncertainty Index rose to 91, well above historical levels, indicating that inflation may stay high for some time. The plan to raise prices in the next three months increased to 34%, the highest since July 2022; about 36% of business owners said they would raise prices, the highest since March, up 6 percentage points from April. The reasons are the Iran war and its impact on global oil and commodities, with uncertainty still suppressing growth and investment.

CryptoWorld News reports that, according to Whale Alert monitoring, 247,999,999 USDC (approximately $248 million) has been transferred from the USDC treasury to a Coinbase institutional account.

Strategy announced the purchase of approximately $101 million worth of 1,550 BTC, increasing holdings to 845,256 BTC. Last week, the company sold 32 BTC to fund preferred stock dividends. Meanwhile, Strategy increased its US dollar reserves from $900 million to $1 billion.

Diana Hu stated on X that the future frontier is a thin software layer, enabling AI to write executable world models like programmers—continuously testing, modifying, and streamlining code based on runtime results, without expensive fine-tuning. This confirms Weng Jiayi’s gradient-free learning: large models can write code and find bugs without tuning parameters. Paul Graham believes the cycle of coding—verification—compression is similar to scientific research, and as coding abilities explode, the next paradigm of AI self-evolution is being ushered in.

CryptoWorld News reports, according to The Israel Times: The Israel Defense Forces and Shin Bet announced that a Hamas militant who participated in the October 7 attack and planned actions targeting the IDF was killed last week in an IDF strike in the Gaza Strip.