ChainNewsAbmedia

Geoffrey Hinton, once the core figure of Google's deep learning and known as the "godfather of AI", talked about the risks brought by AI in an interview on 6/16. He believes that the first layer of risk brought by AI does not actually come from the machine itself, but from human greed and uncontrolled abuse, from fraud, cyber attacks to public opinion manipulation, social fragmentation and the development of unmanned weapons, all of which show that AI has been used in many destructive applications. He lamented: "In the future, AI will start to need humans."
The abuse of AI is already in progress, and what is truly deadly is that AI no longer needs humans.
Hinton categorizes risks into two types. The first type is "human misuse of AI," and such issues have already begun to emerge. He cites examples such as fraud groups using AI for forgery, cyberattacks, AI creating biological weapons, manipulating elections, and AI military weapons.

The Taiwan International Trade Commission (ITAC) released the "Strategic High-Tech Goods Export Entity Management List" on 6/17 (SHTC Entity List), which includes Chinese technology company Huawei (Huawei) and China's largest semiconductor foundry SMIC (SMIC), along with several of its subsidiaries on the control list. ITAC stated that this round of controls is based on "preventing the proliferation of weapons and responding to national security concerns," and emphasized that it was officially implemented on 6/10.
Taiwan names Huawei and SMIC for control; AI factory plans hindered
According to current regulations in Taiwan, any export of controlled physical goods must be applied for in advance and obtain government permission. This means that if Huawei and SMIC want to acquire advanced semiconductor manufacturing technologies, equipment, and materials from Taiwan, they will be subject to restrictions.
This move may severely impact Huawei and SMIC's ability to build AI chip factories, especially

On June 16, three funds under Ark Invest fully liquidated their Circle stock, selling 342,658 shares and cashing out $51.74 million, with a return on investment as high as 387%. Since Circle went public on June 5, its stock price has risen by 118%, and its P/E ratio currently stands at 218.

The Financial Secretary of Hong Kong, Paul Chan, stated in his blog yesterday (15th) that despite the ongoing uncertainty in the external economic environment, Hong Kong stocks have continued to warm up since the beginning of this year. The Hang Seng Index has cumulatively risen over 3,800 points, with a rise of 20%, outperforming major global stock markets. The average daily trading volume has also risen year-on-year to 242 billion, indicating a significant improvement in market Liquidity and investment sentiment.
Chan Mo-po pointed out that the Hong Kong stock market is clearly strengthening. As of the end of May, the total amount of funds raised from new stocks approached 79 billion, ranking among the top in the world, with the scale of refinancing exceeding 150 billion. A significant amount of capital from Europe, the United States, the Middle East, and Asia is accelerating its inflow into the Hong Kong stock market. Various signs indicate that international investors' confidence in Hong Kong's financial system is strengthening. In addition to the outstanding performance of the stock market and asset management, Hong Kong has also made significant progress in digital finance, green finance, and the offshore RMB market.
Hong Kong is expected to become a global

From NFT collectible cards, meme coins, sneakers, whiskey to gold cards, former U.S. President Trump has turned his personal image into an IP to rake in profits, successfully leveraging politics to create a highly FOMO-driven marketing economy. Now, this "Trump economy" is targeting the communications industry, launching the Trump Gold Phone and 5G plans, aiming to compete with AT&T, T-Mobile, and Verizon for a share of the telecommunications market. The Trump organization has announced the launch of the mobile plan Trump Mobile and Trump’s own brand device T1.

The Bitcoin spot ETF is rapidly disrupting the trading landscape of the crypto market. In just half a year, these products have entered the mainstream and now account for 25% of the global Bitcoin spot trading volume. A recent report by Animoca Brands Research pointed out that this ETF wave not only makes Bitcoin a new favorite for institutional asset allocation but may also become one of the pathways for the mainstreaming of encryption.
Traditional finance invasion? ETF consumes one quarter of Bitcoin spot trading volume
The Block data indicates that as of yesterday, global Bitcoin Spot ETFs accounted for 25% of the total Bitcoin Spot trading volume, compared to 10% in October last year, showing an astonishing growth. The reason is mainly due to the inherent appeal of the product to institutional investors, which also allows retail investors to invest in Bitcoin through familiar brokerage accounts, eliminating the learning curve of private key management and encryption wallets.
make

As the stablecoin bill "GENIUS Act" is about to move forward for substantial review, JP Morgan ( submitted a trademark application for "JPMD" to the United States Patent and Trademark Office, covering various encryption asset-related businesses, leading to speculation about whether they will issue their own stablecoin.
The trademark application for "JPMD" covers encryption asset business.
On June 16, JPMorgan Chase submitted a "JPMD" trademark application to the United States Patent and Trademark Office )USPTO(, providing services for the trading, exchange, transfer, and payment of digital assets, including:
虛擬貨幣 )Virtual Currency(
數位貨幣 )Digital Currency(
Digital coin )

(Memecoin projects have extremely high fluctuation and risk. This article aims to introduce the project, but its token price may experience dramatic fluctuations in a short period, even drop to zero. Investors should fully understand and bear all potential risks, and must conduct detailed independent research and consult professional financial advisors before making any investment decisions. The information contained in this article does not constitute any investment advice.)
The concept of Solana spot ETF is making a strong comeback. As we enter mid-June, the crypto market is once again focusing on Solana. Following the successful listing of Bitcoin and Ethereum ETFs at the beginning of the year, Solana, as the fifth largest cryptocurrency, is also approaching a critical moment for ETF approval. According to Bloomberg and several analysts, seven asset management firms have submitted updated S-1 documents to the U.S. Securities and Exchange Commission (SEC) on June 13.
The applying institution includes Fidelity.

As the price of Bitcoin rises, more and more publicly traded companies are adopting Bitcoin reserve strategies, but they face the risk of depegging between stock prices and asset values. Semler Scientific's market capitalization is close to the value of its Bitcoin holdings, prompting warnings from asset management companies. If the market capitalization does not reflect the Bitcoin assets, continuous capital increases will dilute shareholder value, and it is recommended that companies establish risk control mechanisms to respond cautiously to market pressures.

Justin Sun ( is preparing to list his blockchain platform Tron in the US through a reverse merger, directly acquiring a 100 million USD equity stake in SRM with TRX, and establishing a holding company dedicated to holding TRX tokens. Justin Sun's father, Weike Sun, has been appointed as the chairman of the board and is the sole investor in this case. SRM surged 533% yesterday in response to this news.
)Tron plans to go public in the US, creating a holding company model for TRX similar to MicroStrategy(
Investing 100 million TRX in SRM
The toy and related items manufacturer SRM Entertainment Company stated in its report submitted to the SEC that it has reached a securities purchase agreement with a "private investor" for a $100 million equity investment. Headquartered in Florida, SRM Entertainment Company will change its name.

Cantor Fitzgerald analyst Thomas Shinske wrote in a report to clients on Monday that although Solana's blockchain has expanded its application as the meme coin (memecoin) over the past year, it also has the potential for more applications as the application of tokenization securities in the financial sector continues to grow. Furthermore, Solana can provide fast and inexpensive transactions, as well as the ability to validate transactions using tokens and earn staking rewards. Thus, more Solana reserve strategy companies can follow the financial strategy of Bitcoin reserve strategy pioneer MicroStrategy to raise funds at prices above net asset value and purchase.

The market's concerns over the escalation of the war between Israel and Iran have eased, with U.S. stocks rising slightly. MicroStrategy announced the purchase of an additional 10,100 Bitcoins, bringing their total to 592,100. Bitcoin fell from $108,952 to $106,000 due to comments made by Trump. In addition, the market is focused on the upcoming Federal Reserve (FED) policy meeting.

The blockchain project Tron is preparing to go public in the United States through a reverse merger and will establish a holding company specifically for holding TRX tokens, similar to MicroStrategy's strategy of holding Bitcoin. This plan not only relates to companies listed on Nasdaq but also involves the financial power and direct participation of the Trump family.
Backdoor Listing: Tron locks in SRM Entertainment for the listing operation
According to the Financial Times, Tron is preparing for a backdoor listing with Nasdaq-listed SRM Entertainment, thereby indirectly achieving a public listing in the United States. The deal was led by Dominari Securities, an investment firm close to the Trump family. This will allow Tron to enter U.S. capital markets in a lower-barrier way, eschewing tradition