A16z: The monthly consumption of cryptocurrency cards has exceeded 750 million US dollars

Japan officially advances the legislative process of classifying Bitcoin and cryptocurrencies as financial assets. （The Bitcoin Historian）

According to a report released in Dongguan, the Hengli police intercepted a virtual currency investment and wealth management fraud, and successfully saved 1.1 million yuan in cash 5 minutes before the victim Ms. Li and the fraudster engaged in offline transactions. Fraudsters used internal investment channels of virtual currency as bait to induce Ms. Li to withdraw 1.1 million yuan in cash for offline exchange. After discovering risk clues, Dongguan police activated a warning and interception mechanism to prevent fund transfer before the transaction.

Anas, founder of Solana perpetual contract agreement FlashTrade, announced the closure of the project and sought to sell the technology stack to compensate FAF holders. He attributed the reasons to team differences, market shrinkage, and lack of profitability, and claimed that Solana Foundation had shown indifference to the project. Solana co-founder Anatoly Yakovenko responded that the foundation cannot decide whether a product can succeed, its role is to assist GTM and expand exposure, and ultimately whether attention can be converted into users depends on the product itself.

[Zach Pandl: Probability of Passing the 'CLARITY Act' Decreases Due to Political Factors] According to Grayscale Research Director Zach Pandl, the likelihood of the 'CLARITY Act' being passed this year has decreased due to Senate scheduling and election-year political factors. The failure of the act to pass does not affect blockchain operations, Bitcoin demand, or the growth of stablecoin payments, but the lack of legislation restricts new investment and entrepreneurial activities within the United States. In the future, the U.S. Securities and Exchange Commission and other regulatory agencies will continue to fill gaps through rulemaking. However, in the absence of systematic legislation, some new investments and developer activities may shift overseas.

According to analyst Jukan, Bank of America predicts that both Samsung Electronics and SK Hynix plan to use 50% of their free cash flow for shareholder returns. Samsung Electronics expects to distribute a special dividend of KRW 30 trillion in the third or fourth quarter, repurchase KRW 40 trillion shares in the first half of 2027, distribute KRW 30 trillion year-end dividends in April 2027, and additionally repurchase KRW 30 trillion shares for employee compensation. SK Hynix plans to repurchase KRW 40 trillion worth of shares and distribute KRW 20 trillion in cash dividends.