News

Golden Ten Data reported on July 1 that as of 10:30 (UTC+8) on July 1, 2026 (Wednesday), the prices of gold bars from major banks and brands showed more declines than increases. Among them, the gold bar prices from China Construction Bank, China Gold, and Industrial and Commercial Bank of China fell, with Industrial and Commercial Bank of China seeing the largest drop, down 12.8 yuan per gram compared to yesterday.

Jinse Finance reported that on July 1, according to Whale monitoring, Circle issued an additional 250 million USDC on Solana today at 10:25 (UTC+8). Within approximately 15 minutes, a total of 1 billion USDC had been newly issued on Solana.

Glonghui, July 1 — EchoStar’s satellite pay-TV business unit Dish DBS and its wireless subsidiary have filed for Chapter 11 bankruptcy protection, seeking court approval for a prearranged restructuring plan. This move aims to address imminent debt maturities and pave the way for the gradual exit of Dish Wireless’s 5G network business — previously, the company’s deal to sell spectrum licenses to AT&T experienced an unexpected delay. Dish DBS stated that the bankruptcy filing was made in the Houston Division of the U.S. Bankruptcy Court for the Southern District of Texas, mainly because the company is unable to repay $2 billion in senior secured notes with a 7.75% annual interest rate, which are due on July 1.