Sovright releases Argos wallet recovery tool to help Zcash users retrieve funds

Binance CEO Richard Teng stated that user asset security is affected by MiCA regulations, and the withdrawal function will remain available after July 1st. （Cointelegraph）

AI hardware company Etched has raised $800 million in funding and has secured over $1 billion in inference cluster orders. Etched is building frontier inference clusters to enhance the throughput, latency, and energy efficiency of large-scale model inference through integrated design of chips, racks, software, and manufacturing. The first A0 chip from Etched has been taped out in TSMC's N4P process and is currently being validated with customers for the first batch of rack level products.

Zach Pandl, Head of Grayscale Research, stated that Solana has over 1000 decentralized applications, processing over 100 million transactions per day since 2026, averaging over 1200 transactions per second, with approximately 4.3 million daily active users, and contributing approximately $100 million in transaction fees. The Solana ecosystem covers fields such as DeFi, social trading, and DePIN. Among them, Solana DEX has a cumulative trading volume of over 360 billion US dollars within the year, Pump.fun has about 1.3 million monthly active users and a daily average revenue of about 690000 US dollars, Geodnet provides physical AI system positioning infrastructure, and SOL provides investors with exposure to participate in network growth.

Market Debt Trade trading has been closed, Solana has shown signs of recovery, and there are also short positions targeting CRCL. （Decrypt）

The Dutch public prosecutor's office requests the Rotterdam court to declare the bankruptcy of the cryptocurrency platform Knaken Cryptohandel and its affiliated entity Stichting Knaken Payments, citing public interest. Knaken has been offline since early June, with approximately 30000 customers unable to access funds. Knaken has not obtained permission from the Dutch market regulator AFM. The Fiscal Information and Investigation Service is conducting a criminal investigation and searched relevant locations on Monday, seizing laptops, mobile phones, and company assets. Currently, no one has been arrested. （Decrypt）