The US stock storage sector has experienced a pullback, with companies such as Micron Technology and SanDisk experiencing varying degrees of decline
--
According to MSX.COM data, the US storage sector continues to decline, with Micron Technology falling 3.47%, Western Digital falling 5.09%, Seagate Technology falling 5.40%, SanDisk falling 8.83%, and Kaixia ADR falling 9.30%.
On July 3rd, Maple Finance, an on chain credit agreement, launched a new product called syrupUSDG and has been launched on Robinhood Chain. Steakhouse Financial approves syrupUSDG as collateral for Robinhood Earn vault. Morpho provides treasury infrastructure, Paxos is responsible for compliant issuance of USDG, and Robinhood is responsible for distribution. SyrupUSDG is currently available on Ethereum and Robinhood Chain, and will support more chains in the future.
Haseeb, a partner of Dragonfly, said that the screening that the encryption industry is currently experiencing is a healthy phenomenon. The departure of OG is a normal cleaning after the early foam burst in the technology industry. Haseeb firmly believes that ETH and SOL have a huge future.
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.
