Summerfi announced the closure of Summerfi and Labs due to the Lazy Summer Protocol attack on July 6th. The attacker manipulated the prices of two USDC Vault shares on the Ethereum mainnet, stole $6.04 million in deposits, and depleted the protocol and team's operating funds. The team stated that there is no feasible restructuring path and will maintain the availability of the Summerfi frontend until August 31st.

According to the Tasnim News Agency of Iran, a spokesperson for the Iranian Ministry of Foreign Affairs stated that any aggression by the Iranian armed forces against Iranian territory will be met with a reciprocal response. There are currently no negotiation plans and the focus is on defense. The memorandum of understanding is a set of mutual commitments, and if the other party violates it, Iran will also cease to fulfill its obligations.

Binance - PUMP is currently priced at $0.001663, with a 24-hour increase of 11.61%. 24-hour transaction volume of 400 million US dollars, an increase of 197.21%, for reference only

DTCC completed the solid test of token based assets, including equity token conversion, treasury bond bond token conversion, DVD equity delivery, mortgage quality pledge and CCP margin payment. Among them, Citadel Securities and DriveWealth completed the equity token conversion; DriveWealth and Pioneer Navigation have completed the DVD delivery of tokenized equity; JPMorgan Chase paid tokenized assets to CME Group as CCP margin; Societe Generale completed the conversion of treasury bond tokens; Faxing Bank and Citadel Securities have completed the settlement of mortgage quality.

Federal Reserve Chairman Kevin Walsh stated that the Fed is seeking broader growth and narrower inflation.