Evercore ISI stated that the June employment data has returned to normal, and the Federal Reserve will continue to monitor inflation. Santander Bank analyst Stephen Stanley stated that inflation data determines the Federal Reserve's course of action, and the response of financial markets to lower the possibility of interest rate hikes this year is inappropriate.

According to The Block, Terence Kwok, founder of Humanity Protocol, stated that the project is shifting from identity and blockchain positioning to enterprise level AI products after experiencing a $36 million hacker attack that resulted in the theft of the vault and a drop of approximately 89% in H tokens. This attack originated from the intrusion of a developer's laptop, where the attacker obtained the private key of a Humanity Foundation member through phishing emails and sold tokens. Terence Kwok admits that the probability of recovering funds is very low, and the team will rebuild the ecosystem through token migration and compensation claims process. The team has reported the case to law enforcement agencies in Hong Kong and multiple places, and is promoting identity and asset certification products for AI enterprises.

On July 2nd, Saga announced the establishment of Saga AI Labs to develop an AI consumer platform and autonomous digital roles, and to sell its cryptocurrency business, transferring the operation and management of the blockchain network to Alapin Holdings, a subsidiary of Dao5.

Binance NEXO is currently priced at $0.7674, with a 7.95% increase over 24 hours. 24-hour transaction volume of 6.12 million US dollars, an increase of 111.38%, for reference only

Reflect has initiated an independent voluntary recovery program for USDC+holders affected by the Drift hacking incident. Holders can sell their positions to Palindrome Engineering within 180 days at a price of 0.20 USDC per unit plus 80 Reflect Credit. The plan is funded in advance by Palindrome Engineering, and participants waive their right to claim Drift in exchange for immediate liquidity.