Chinese financial technology giant Ant Group has increased investment in two subsidiaries operating in the blockchain field with a total capital of nearly 500 million USD, showing its great ambition to capture opportunities from blockchain technology, despite the cryptocurrency ban in China.

Ant Digital Technologies, the blockchain subsidiary of Ant Group, confirmed that it has increased the charter capital of Ant Blockchain Technology (Shanghai) Co. from 100 million Yuan to 1.5 billion Yuan (equivalent to 206.4 million USD). At the same time, Ant Chain (Shanghai) Digital Technology Co. capital was also increased from 100 million Yuan to 2.1 billion Yuan (equivalent to 288.9 million USD).

The world's second largest memory chip maker, SK Hynix will invest $74.6 billion in the chip business, with a special focus on artificial intelligence (AI) to compete in the semiconductor market.

According to an announcement from parent corporation SK Group on Sunday, this huge investment will be deployed from now until 2028, showing SK Hynix's great ambitions to gain market share in the AI industry. The investment focus will be on areas such as high bandwidth memory (HBM) chips, AI data centers and personalized AI services.

40% of university students in South Korea are investing in cryptocurrencies such as Bitcoin and foreign stocks, showing a shift towards global investing and digital assets.

According to a survey conducted by Korea Investment and Securities with more than 400 college students from June 11 to June 22, 40% of them said they are investing in cryptocurrencies such as Bitcoin. The main reason given is the expectation of high profits from this market.

A new study published in the journal Nature Communications has given hope to Parkinson's patients with an artificial intelligence (AI) blood test that can predict the disease early, before symptoms appear .

Parkinson's disease, the world's second most common neurodegenerative disease affecting about 10 million people, currently has no cure. Early diagnosis plays a key role in controlling the disease and improving the patient's quality of life.

Cooperating with Moody's, MSCI and many other giants, Google will equip the AI ​​platform with high-quality data, helping to strengthen user trust.

Amid growing concerns about the reliability of AI-generated information, Google is stepping up its “data platform” strategy for its Vertex AI platform. From next quarter, Vertex AI will be integrated with high-quality data sources from "giants" in many fields such as Moody's, MSCI, Thomson Reuters and Zoominfo.

JPMorgan predicts the cryptocurrency market could see a wave of sell-offs in July as creditors of Mt. Gox received back 142,000 Bitcoin, equivalent to 9 billion USD.

In a research report published on June 27, JPMorgan (JPM) warned that the cryptocurrency market could face strong selling pressure in July, stemming from the exchange's creditors. Bitcoin (BTC) Mt. Gox is expected to receive a huge amount of BTC in return.

Israel decided to invest 250 million USD to build its first supercomputer to consolidate its leading position in the hot field of artificial intelligence (AI).

According to Reuters, this move shows that Israel is well aware of the breakneck pace of AI development and the great opportunities and challenges it brings. Supercomputers will be a key foundation, helping Israeli businesses and research institutes access advanced AI technology, thereby promoting innovation and improving competitiveness in the international arena.

According to Bloomberg News, OpenAI, ChatGPT's parent company, is expected to temporarily stop providing services in China from July 9. This decision is said to be a potential boost for the country's domestic artificial intelligence (AI) industry, as more than 200 Chinese companies are developing LLM technology, and 117 LLMs have been approved. Released as of March 2024.

Information about OpenAI's ban has caused a stir in the Chinese technology community. While some opinions expressed concern about the negative impact on domestic AI development, experts said that this could be the driving force for the domestic AI industry to explode. 

The Neo-Yamakoshi project in Japan attracts 1,700 digital citizens by selling NFTs to support the aging population. Raised 423,000 USD for community initiatives in the village.

Yamakoshi, a remote Japanese village nestled in the Niigata Mountains, has attracted 1,700 “digital natives” through a token sale (NFT) in an initiative to support and sustain its aging population here.

The Neo-Yamakoshi Village Project, led by locals, curates the Nishikigoi NFT collection, named after the vibrant koi carp variety. These digital assets not only serve as identifiers for the “digital citizens” of Yamakoshi village but also as governance tokens, allowing them to participate in voting processes organized by the community. Decentralized autonomous organization (DAO) of village management.

Ethereum, the world's second largest blockchain network, has long faced the scalability problem. Rapid user growth and the deployment of DeFi and NFT applications have overloaded the network, leading to high transaction fees and slow processing speeds. The Dencun upgrade was born with the goal of solving these challenges, opening a new era for Ethereum with outstanding Layer 2 scalability.

Apple is said to be negotiating with Meta to integrate its AI model into the Apple Intelligence system, according to the Wall Street Journal. This potential deal immediately caused controversy in the technology world, because Apple and Meta have been known as rivals for many years.

AI race heats up: Apple looking for allies?

Information about this cooperation appears in the context of the race to develop AI being extremely fierce. As one of the technology "giants", Apple is considered to be slower than competitors such as Microsoft or Google in this field. Seeking support from strong partners like Meta is considered a strategic step, helping Apple quickly catch up with the game.

The YouTube channel of Australian news agency, 7News, was attacked by hackers and live-streamed a deepfake image of Elon Musk calling for investment in cryptocurrency, attracting hundreds of thousands of views.

7News' YouTube channel was attacked by hackers and spread a cryptocurrency scam using a deepfake image of Elon Musk. They changed the interface of 7News channel to look like Tesla's channel, with a fake image of Elon Musk created using AI. This fake “Elon Musk” promises to send back double the amount of cryptocurrency sent by viewers to a specific wallet address.

Many cryptocurrency exchanges such as Uphold, Binance and OKX have moved to change their stablecoin policies in Europe, in order to meet compliance requirements for the cryptocurrency market regulatory framework (MiCA).

Uphold is one of the leading cryptocurrency exchanges in Europe with the most drastic moves.  They announced that they will stop supporting six popular stablecoins including USDT, TUSD, DAI, FRAX, GUSD and USDP from July 1, to comply with MiCA requirements. 

Solana Foundation partners with Dialect to launch a new feature that allows users to trade cryptocurrencies directly on social networks, aiming to simplify the user experience and drive wider adoption.

The Solana blockchain network, at the center of the recent “meme coin” craze with projects like rapper Iggy Azalea's $MOTHER token (cap $70 million) and $WIF (cap more than $2 billion), has introduced New feature sets called “Actions” and “Blinks”. Developed by Solana Foundation in partnership with Dialect, this feature allows users to conduct blockchain transactions directly on familiar websites and social media platforms such as X.

Since mid-April 2023, Ethereum (ETH) supply has been gradually increasing, the longest inflationary streak since The Merge in 2022.

According to data from ultrasound.money, more than 112,000 ETH have been added to the total supply since April 14. The main reason is believed to be due to the Dencun upgrade deployed on March 13.

The Dencun upgrade introduces nine Ethereum improvement proposals (EIPs), among which EIP-4844, brings “blobs,” a mechanism that allows transaction data to be stored separately and temporarily, contributing to reduced fees gas on Layer 2 networks. In other words, EIP-4844 allows users to “bundle” large amounts of data with transactions without clogging the Ethereum mainnet.

SEC Chairman Gary Gensler continued to criticize the cryptocurrency sector in an interview with Bloomberg on June 25. He believes that this market lacks transparency and has many serious violations of the law, especially the issue of centralization. 

Gensler emphasized that some cryptocurrency platforms today have too much control and incorporate practices that violate laws that the traditional financial industry would never tolerate. 

Curiosity about the identity of Bitcoin founder Satoshi Nakamoto has created controversy in the cryptocurrency community for many years. A recent article continues to provide new evidence that the true identity of Satoshi Nakamoto has been revealed.

A recent article from Hacker Noon reveals more new information about the identity of Satoshi Nakamoto, as the search for Bitcoin's anonymous founder has led us into many dead ends and scattered clues everywhere. . However, new data appear as pieces of a puzzle, revealing that Satoshi Nakamoto may be a group of people or an individual closely related to other major cryptocurrency projects.

Bitcoin price plummeted below $63,000, amid a 42% decrease in whale transactions (Bitcoin transactions over $100,000).

Bitcoin is down 2.92% in the past 24 hours.

According to data from Santiment, the number of Bitcoin transactions with large values ​​above $100,000 has dropped sharply in the past two days. Specifically, only 9,923 transactions were recorded, down 42% compared to 17,091 transactions two days ago. This decline coincided with Bitcoin price falling below $63,000, a key support level.

Since its launch in January 2023, Ordinals – the protocol created by Casey Rodarmor – has created new waves in the Bitcoin community. This protocol operates on the Bitcoin platform, allowing unique numbers to be assigned to each satoshi (satoshi is the smallest unit of Bitcoin, equivalent to 0.00000001 BTC). This opens up the possibility of “etching” data such as text, images, even videos onto a single satoshi, allowing users to exchange and trade them.

Zero-Knowledge Proof – ZKP (zero-knowledge proof) is changing the way we protect data on blockchain, providing greater security and privacy.

Zero-Knowledge Proof (ZKP) is an important concept in modern cryptography. ZKPs allow one party (the prover) to prove a claim to be true to another party (the verifier) ​​without revealing any information other than the truth of the claim. This principle brings a major breakthrough in protecting personal information and transactions on the blockchain.