US Department of Justice extradites Scattered Spider member Peter Stokes for over $100 million

On July 2nd, US Senator Warren demanded that Federal Reserve Governor Waller halt reforms to the operation of the Fed's 12 regional branches. Warren stated that Waller's proposed reform plan for the Federal Reserve Bank is inconsistent with federal law and undermines the independence of the Federal Reserve. Warren claimed that the plan was aimed at pleasing President Trump and demanded that Waller immediately stop advancing the plan and provide information to Congress.

Binance SOL/USDT is currently trading at $79.99, with a 5-minute increase of 0.19%. Please be aware of market fluctuations.

According to sources, the next round of US Iran negotiations will be held on July 18th.

[Russian State Duma Committee Recommends Passing Bill Criminalizing Cryptocurrency Violations, with a Maximum Sentence of 7 Years in Prison] According to TASS, the Russian State Duma's State Building and Legislation Committee has recommended the first reading of a government-submitted bill that proposes criminal liability for violations of digital currency circulation laws, with a maximum sentence of 7 years in prison. The draft stipulates that illegal organization of cryptocurrency circulation causing significant losses or generating substantial income may result in fines, compulsory labor, or up to 4 years in prison. If carried out by an organized group or causing particularly significant losses, the sentence could be up to 7 years in prison and may include fines. The draft defines losses or income exceeding 3.5 million rubles as significant and those exceeding 13.5 million rubles as particularly significant. A complementary administrative penalty draft has also been recommended for a first reading, with fines for violations reaching up to 1 million rubles.

On July 2nd, ASML announced an increase in its full year revenue guidance, mainly due to the growing demand for advanced lithography equipment related to AI chip manufacturing. TSMC, Samsung and other wafer foundries are accelerating the introduction of high numerical aperture EUV lithography machines to meet the demand for AI accelerators, enhancing the certainty of advanced process expansion for 3nm and below. The order data of equipment leaders such as Applied Materials and Panlin Semiconductor have verified the demand on the equipment side. The expansion of advanced processes is entering the actual procurement stage from the planning stage, and the extended delivery cycle of equipment confirms the tight supply-demand balance pattern.