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World Gold Council open to digital market form of London’s $900B gold market
World Gold Council open to digital market form of London’s $900B gold market

Share link:In this post: The World Gold Council will trial pooled gold interests (PGIs) in London’s $900 billion market. The move aims to transform gold from a static store of value into an income-generating asset. Supporters see digitization as a way for gold to compete with cryptocurrencies and stablecoins.

Cryptopolitan·2025/09/03 13:25
Venus Protocol restores services, recovers funds stolen after $27M exploit
Venus Protocol restores services, recovers funds stolen after $27M exploit

Share link:In this post: Venus Protocol fully restored services and recovered $27 million after halting withdrawals and liquidations due to a phishing-related exploit. The community approved an emergency plan, allowing staged recovery, security checks, and the resumption of operations within 24 hours. Experts warn that phishing scams remain a top DeFi threat, exploiting user trust through fake websites during events like airdrops and token launches.

Cryptopolitan·2025/09/03 13:25
Five Essential Questions: What Makes a Good DeFi? ARK’s Answer and the Path to On-Chain Autonomy
Five Essential Questions: What Makes a Good DeFi? ARK’s Answer and the Path to On-Chain Autonomy

How DeFAI is building a new on-chain civilization.

Chaincatcher·2025/09/03 12:53
BitMine Ethereum Holdings Reach $8.1 Billion Value
BitMine Ethereum Holdings Reach $8.1 Billion Value

Quick Take Summary is AI generated, newsroom reviewed. BitMine now owns 1,866,974 ETH, worth over $8 billion. The company added 150,000 ETH in just one week, showing aggressive growth. BitMine has $635 million in cash ready for future Ethereum purchases. Institutional and retail investors are watching closely as BitMine stakes and expands its holdings.

coinfomania·2025/09/03 12:30
Ethereum Price Tests Breakout Zone With 2 Metrics Pointing Toward the Upside
Ethereum Price Tests Breakout Zone With 2 Metrics Pointing Toward the Upside

Ethereum price is consolidating inside a symmetrical triangle, but key metrics are flashing bullish. Profit supply has dropped to a local low, while short-term holders are adding. On-balance volume also shows steady accumulation, pointing toward a potential upside breakout if buyers defend key support levels.

BeInCrypto·2025/09/03 12:30
BONK and Safety Shot reach a $25 million partnership, planning to purchase approximately $115 million worth of tokens by the end of the year
BONK and Safety Shot reach a $25 million partnership, planning to purchase approximately $115 million worth of tokens by the end of the year

BONK announced the signing of a $25 million strategic partnership agreement with NASDAQ-listed company Safety Shot. Under this agreement, Safety Shot plans to purchase approximately $115 million worth of tokens by the end of the year, accounting for about 5% of BONK's total supply.

ForesightNews·2025/09/03 12:02
Is "digital gold" coming soon?
Is "digital gold" coming soon?

The World Gold Council plans to pilot "pooled gold interests" (PGIs) next year, allowing banks and investors to buy and sell fractional ownership of physical gold stored in segregated accounts. The CEO of the World Gold Council stated that gold must be digitized to expand its market reach.

ForesightNews·2025/09/03 11:33
Experts Predict Ethereum To Win Big In The New Stablecoin Economy
Experts Predict Ethereum To Win Big In The New Stablecoin Economy

The GENIUS Act is fueling stablecoin growth, and Ethereum is poised to lead as the settlement layer of choice. With Layer 2 solutions addressing scalability, its dominance in liquidity and institutional trust makes it the frontrunner in the new stablecoin economy.

BeInCrypto·2025/09/03 11:21
Flash
23:30
South32 will sell most of its aluminum assets to Alcoa for a value of up to $5.6 billion.
```htmlGolden Ten Data reported on July 1 that Australia's South32 said on Wednesday it has agreed to sell most of its aluminum assets to Alcoa (AA.N), with the deal implying an enterprise value of up to $5.6 billion. According to the agreement, Alcoa will acquire South32's stakes in Worsley Alumina in Australia, Hillside Aluminium in South Africa, MRN Bauxite Mine in Brazil, an alumina refinery in Brazil, and an aluminum smelter in Brazil. South32 added that Alcoa will also assume approximately $1.2 billion in closure and site remediation liabilities related to these assets. The transaction is expected to be completed in the second half of 2027, after which the Australian mining company plans to distribute a "fully tax-free" special dividend of about $500 million to shareholders. In another statement, Alcoa said this cash and stock deal is expected to generate a net present value synergy of approximately $900 million by optimizing the operations of complementary assets.```
23:30
Wall Street Morning Briefing | July 1, 2026
In May, the US JOLTS job openings slightly rebounded to 7.59 million, surpassing expectations, with labor demand remaining steady.Reports state that a Trump envoy is set to hold indirect talks with Iran in Doha, while Qatar downplays the likelihood of a major breakthrough.Official disclosures reveal that Trump's cryptocurrency business in 2025 has earned over $1 billion, with major holdings in US tech giants.At the end of the month, the People's Bank of China implemented a "one increase, one decrease" operation: overnight reverse repos doubled to 600 billion, precisely smoothing cross-quarter liquidity.China's June manufacturing PMI rose to 50.3, returning to expansion territory, while the non-manufacturing business activity index continued to expand.After surpassing a market capitalization of 1 trillion, Cambricon issued a risk warning. CCTV commented on Cambricon's market cap exceeding 1 trillion: Before the milestone, even more sobriety and composure are needed.Robot girlfriends have arrived! UBTECH launches a major product, with the highest price set at 990 thousand.Anthropic has released its value-for-money ace, Claude Sonnet 5, enhancing agent capabilities and targeting the enterprise AI automation market.There's widespread discussion as reports claim that NVIDIA's Rubin Ultra, comprising 4 chips, was "canceled just three months after release." SemiAnalysis notes, "NVIDIA's market share is being eroded."Reminder: On Wednesday, data will be released on China's June RatingDog Manufacturing PMI, US June ADP Employment Change, and US June ISM Manufacturing Index.
23:17
Overview of Overnight News on July 1
Technical negotiations are still ongoing and have made good progress. 2. Financial disclosures show that Trump's cryptocurrency income for 2025 is at least $1.4 billion. 3. Trump: The Republican midterm election conference will be held in Dallas, Texas. 4. On June 30, NASA stated that two American astronauts aboard the International Space Station completed a spacewalk to replace a key component of the station's robotic arm, "Canadarm2," which had malfunctioned. The mission lasted approximately 7 hours and 20 minutes. 5. A senior White House official revealed that the U.S. Department of Commerce is expected to lift export controls on the Anthropic AI model Fable later tonight local time. 6. Russia has ordered the temporary closure of several railway ports connecting Finland and two other countries. 7. On Tuesday, Sandisk ranked 3rd in U.S. stock market trading volume and closed up 10.89%, with a turnover of $24.81 billion. In the first half of this year, Sandisk's share price surged more than 850%. 8. Nike's fourth-quarter revenue was $10.97 billion, down 1.1% year-on-year. Total Nike brand revenue was $10.72 billion, down 0.4% year-on-year. Gross margin was 49.2%, compared with 40.3% in the same period last year. Nike's U.S. shares rose 5% in after-hours trading. 9. Iran's chief negotiator Kalibaf stated that Iran will not initiate further negotiations unless the conditions stipulated in the memorandum are met.
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