News linked to both this project and an event.
: Digital asset management firm CoinShares stated that Open USD directly challenges Circle by distributing yield generated from stablecoin reserves to partners, thereby weakening USDC's distribution economic model. Open USD is composed of over 140 companies, including BlackRock, Coinbase, Mastercard, Stripe, and Visa. The stablecoin is expected to launch in the second half of 2026. CoinShares noted that while Open USD presents competitive pressure, USDC's existing liquidity and integration base may be difficult for new entrants to replicate.
a recent exchange report released by CoinDesk shows that global centralized exchange (CEX) spot trading volume in June ended a five-month consecutive decline, increasing by 15.3% month-over-month to $1.11 trillion. Among them, Gate's spot trading volume grew by 50.8% month-over-month to $66.1 billion, ranking first globally among centralized exchanges in spot trading volume growth. The report indicates that Gate's spot market share also increased by 1.55 percentage points to 5.95%, leading the world in growth and hitting a new high since October 2025. Driven by this strong growth, Gate has secured its position as one of the top three global spot trading platforms among AA-A rated top-tier exchanges.In the derivatives market, Gate's derivatives trading volume in June reached $369 billion, with its market share positively growing to 9.52%, solidifying its position as the fourth-largest derivatives trading platform globally. Additionally, in terms of Open Interest, Gate particularly stood out, ranking among the top three global retail derivatives exchanges with a 9.20% share. Considering the overall trading volume of its spot and derivatives markets, Gate ranks among the top four globally, further consolidating its status as a leading global trading platform.CoinDesk data shows that as market volatility revives trading demand, Gate has leveraged its strong growth in both the spot and derivatives markets to further enhance platform liquidity and multi-asset trading capabilities, continuously strengthening its global competitiveness.
Vitalik stated in a post on the X platform that AI 2040 and its critics hold incompatible worldviews regarding the speed and importance of AI progress. AI 2040 believes that, unless strong measures are taken to completely prevent it, various scenarios will lead to some form of superintelligence by 2040; critics argue that AI 2040 underestimates human coordination capabilities and threatens freedom, but do not view ASI itself as a centralization of power risk. Vitalik indicated that if he were convinced that AI in its current form is merely ordinary technology, he would lean closer to the critics' camp; if he were certain that superintelligence would arrive by default in 2030, he would align more with the AI 2040 camp. He stated that due to significant uncertainty, he remains open to a slowdown or pause, while also feeling uncomfortable with the stance advocated by some large AI companies and intellectuals that "open source is unfavorable, and the ideal outcome is one side holding global control and dominance." Vitalik said that a key reason he supports the d/acc platform is that areas such as formal verification, cryptography, secure and open hardware, pandemic resilience, defensive biotechnology, food and basic resource security, public epistemic systems, and non-centralized physical security are worth advancing under both worldviews. He also noted that the 2040 plan has become more supportive of open source and incorporates the concept of "mutually assured compute destruction," which represents an improvement over allowing a few participants to selectively strip the rights of those they deem undesirable. Vitalik stated that there is no way to avoid trade-offs on whether to slow down or pause; one can pre-set trigger conditions and, when sufficient conditions are met within a specific timeframe, maintain a more open attitude toward a slowdown or pause. He also mentioned that if he were Elon Musk or Zuck, he would more aggressively transform Twitter into a platform that helps identify and facilitate such large win-win agreements, allowing more people to participate in the discussion, but he believes this might also be naive. Currently, he sees no non-naive ASI transition response plan, so he tends to be somewhat lenient toward those who are giving it a try.
According to Circle's (@circle) official announcement, Circle Agent Stack is now open source, enabling developers to add wallets, USDC payments, and on-chain operation capabilities to AI agents. It currently supports the following mainstream frameworks: OpenAI Agents SDK, Claude AI Agent SDK, LangChain, Mastra, Vercel AI SDK, and Google AI ADK. Developers can directly clone the example code to get started quickly, and the project is hosted on GitHub. This move is regarded by the industry as a significant advancement in AI agent payment layer infrastructure, expected to accelerate the large-scale adoption of Agentic AI.
According to official news, Prime Intellect announced the completion of a $130 million Series A financing round, led by Radical Ventures with participation from NVIDIA, Intel Capital, Dell Capital, and existing investors. The company stated that it will utilize the funds to continue building its "Open Superintelligence Stack" to support users in training, deploying, and continuously optimizing their own models.
Sui posted on X platform, stating that this week's highlights include ensuring data privacy, expanding decentralized capital markets, and welcoming new teams into the network development pipeline. LoquaApp has launched a privacy-first AI agent messaging app on Sui, supporting users in sending messages, interacting with AI agents, and conducting peer-to-peer token transfers within chats; RipStationxyz has deployed a graded Pokémon card platform on Sui for on-chain trading and physical redemption; suidevelopers held a technical meeting, where kostascrypto and abhinavg6 analyzed the cryptography behind protocol-level confidential transfers; 0xfluid has chosen Hashi to build an institutional-grade Bitcoin credit market, enabling native BTC to be used as collateral through formally verified contracts on Sui; realtbook has partnered with paga to create a compliant financial bridge, offering tokenized real-world assets to African consumers and businesses; six early-stage development teams, including AssetoFinance, audricai, gendotpro, kash_bot, predikt_gg, and transact_sh, have completed the third cohort of the Sui Hydropower Fellowship; tradeonhudi announced the upcoming launch of 7×24 hour leveraged perpetual contracts on Asia-Pacific stocks, targeting markets in Korea, Japan, and Hong Kong; Turbos_finance released its Q2 2026 report, having launched its CLMM and once became the highest-volume AMM DEX with a single-day SUI-USDC trading volume exceeding $17 million. The upcoming Sui Tunnels experiment will be opened for system testing of the network's TPS limit under load.
Open Standard, the consortium behind Open USD, has been accused of listing companies such as Samsung Electronics as supporters of the OUSD stablecoin project without their consent.Tony Chung, Head of Blockmedia’s BD division, stated that Samsung Electronics said no formal discussions had taken place and that it was unclear what role it would play in the project.Shinhan, Dunamu, and K Bank stated that Open Standard had inquired about their interest in participating, and they merely indicated they would "consider" it, only to later find their names listed as consortium members.Tether advisor Gabor Gurbacs noted that some of the listed partners claimed they had never signed or agreed to anything.Circle co-founder and CEO Jeremy Allaire commented, "Integrity matters." OUSD is expected to launch later this year. (Bitcoin.com News).
Open Standard announced the launch of the USD stablecoin Open USD (OUSD) and plans to go live within the year, stating that over 140 financial and payment-related institutions are participating, including Visa, Mastercard, BlackRock, Samsung Electronics, Dunamu, Hanwha, and others. However, several South Korean companies stated that they had not previously conducted formal negotiations with the issuer; some institutions only responded that they could evaluate after the project matures, but were subsequently listed as alliance members.
according to a mid-year open letter from Bitget CEO Gracy Chen, the first half of 2026 witnessed significant structural changes in platform user behavior: the peak trading volume of non-crypto assets approached 40% of Bitget's overall trading volume; CFD daily trading volume exceeded $10 billion; 52% of users held both stocks and cryptocurrencies; and 35% held precious metals like gold. Cross-asset trading has become a mainstream habit.Gracy Chen pointed out that as a Universal Exchange (UEX), Bitget's core goal is not to build an "asset supermarket," but to reconstruct the underlying logic of how users participate in global markets around four core values: "asset efficiency, crypto-native experience, financial equality, and reducing burdens." On the business implementation front, Bitget has accelerated its layout through a dual-track approach combining tokenized stocks and direct stock connectivity, supporting 7×24 hour trading for multiple asset classes to break down the time zone and geographical barriers of traditional finance.Furthermore, as AI tools become more deeply integrated into execution, 51% of users utilized AI-driven trading tools in the first half of the year, and the number of AI trading users on the platform has exceeded one million.
after Open Standard announced the launch of its new stablecoin, Open USD (OUSD), Circle's stock price fell over 16% on Tuesday. The stablecoin is backed by over 140 companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, raising market concerns that it could pose competitive pressure on Circle's USDC.However, William Blair analysts believe the sell-off was an overreaction and reiterated an "Outperform" rating on Circle's stock, suggesting the decline may present a buying opportunity. The firm believes that Circle holds a competitive advantage in the stablecoin space due to its first-mover status, deep liquidity, and mature payment infrastructure, positioning it well even against high-profile competitors like OUSD.Circle CEO Jeremy Allaire stated that the company welcomes competition and will continue to expand the USDC ecosystem. Analysts also noted that the overall stablecoin market is still rapidly expanding, and new entrants may not necessarily only eat into USDC's market share but could also drive broader industry adoption.
Circle co-founder and CEO Jeremy Allaire has seemingly responded to the launch of Open USD. He stated that stablecoins are reshaping the infrastructure for storing and transferring value on the internet, becoming one of the largest potential market opportunities globally, and emphasized his long-term strong bullish outlook on this sector.Circle will continue to expand the USDC ecosystem by integrating with more blockchain networks, enhancing cross-chain interoperability, and strengthening connections with the traditional financial system, including banks, payment companies, and capital market institutions. The goal is to further standardize stablecoin infrastructure. At the same time, the company welcomes continuous innovation and competition within the industry and will focus on building more robust stablecoin infrastructure while improving partners' ecological participation and economic incentive mechanisms. This is aimed at driving the development of a "stablecoin-native Internet financial system."Previously, it was reported that, potentially influenced by competitive news regarding Open USD, CRCL experienced a sharp intraday decline of nearly 9%.
Dario Amodei, CEO of Anthropic, told lawmakers during a U.S. congressional hearing that the development of open-source artificial intelligence is entering a "very dangerous path." Once AI models with strong capabilities are released as open source, developers will lose effective oversight over how the models are used, including the ability to monitor misuse, revoke access permissions, or dynamically update security safeguards, thereby significantly increasing potential risks. Dario Amodei emphasized that, compared to closed-model systems, fully open models are more difficult to implement ongoing security governance controls, which could lead to irreversible risks of abuse. (BitcoinNews)
The funding channel is open to researchers, open-source maintainers, independent developers, and public-interest projects. Funding does not require equity, does not assert ownership, and imposes no restrictions on the project’s future development. Grantees retain full ownership of their work products and knowledge contributions, while receiving sustained financial support necessary to continue building openly.
: Zhipu AI founder Tang Jie posted on the X platform, stating that since the official open-source release of GLM-5.2, it has achieved leading results in multiple international authoritative evaluations and competitive rankings. In the Artificial Analysis Intelligence Index comprehensive evaluation, GLM-5.2 scored 51 points, placing it in the same range as Anthropic's Claude Opus 4.8. In the Code Arena front-end code generation adversarial test, it ranked 2nd globally with an Elo of 1595, and in the DesignArena design and code integration scenario, it scored 1360 points, ranking 1st.Overall, Zhipu GLM-5.2 continues to rank among the top globally in real-world scenario evaluations across multiple areas, including front-end development, design generation, and software engineering. It is steadily narrowing the performance gap with cutting-edge models from OpenAI and Anthropic and will continue to push the upper limits of model capabilities.Previously, in response to Musk's statement that Chinese large models might reach Anthropic's Fable level by the first quarter of next year, Zhipu AI founder Tang Jie replied, "It won't take that long."
Tether CEO Paolo Ardoino announced the upgrade of its Bitcoin mining development kit to version 0.2.0, achieving its first full end-to-end open-source operation. The latest version supports fully open-source deployment and execution of the entire Bitcoin mining rig development stack and enables real-time visualization of mining rig hash rate output data. Developers can directly launch the system and observe real-world mining rig hash rate generation in real time on the interface. Its goal is to build a foundational technical framework that connects intelligent systems with physical infrastructure.
according to the latest exchange report from CoinDesk, the total spot and derivatives trading volume on global centralized exchanges fell by 3.45% to $4.41 trillion in May 2026. Amid this overall decline in trading activity, Gate demonstrated strong resilience with a counter-trend growth. Its spot trading volume increased by 11.5% month-over-month to $43.8 billion, ranking first in spot trading volume growth among major global exchanges. Concurrently, its spot market share rose by 0.66 percentage points to 4.55%, securing a position within the top five global spot exchanges.In the derivatives market, Gate maintained its industry-leading position. Data shows that Gate's contract trading volume in May reached $327 billion, capturing a 9.47% market share, ranking it fourth among global derivatives exchanges. In terms of Open Interest, Gate held a 10.8% market share, making it the world's third-largest derivatives trading platform. Combining both spot and derivatives trading performance, Gate ranked fourth globally in total trading volume for May, highlighting the platform's sustained advantages in liquidity depth and market participation.To date, Gate's global registered users have surpassed 54 million, supporting over 4,700 trading pairs. Gate's stock trading feature allows users to trade over 10,000 US mainstream stocks and ETFs using USDT, and has already listed over 1,500 Hong Kong stock targets. Looking ahead, the platform will continue to expand its business layout into stocks, ETFs, prediction markets, and TradFi, offering global users a richer, one-stop trading and asset allocation experience.
Leslie Falconio, currently serving as the head of taxable fixed income strategy at UBS Global Wealth Management, stated that following reports of a deal between the U.S. and Iran to reopen the Strait of Hormuz, which suppressed oil prices and triggered a rally in U.S. Treasuries, the pressure for the Federal Reserve to raise interest rates this year is easing.Leslie Falconio pointed out that even before the ceasefire, as oil prices fell, "the two-year yield was still rising because the market was pricing in nearly 100% probability of a rate hike by December 2026." "What is happening now is that oil prices are falling, and the market is stripping out these rate hike expectations. That is why the two-year yield is declining."New Fed Chair Kevin Warsh will chair his first monetary policy decision meeting this week. As surging crude oil prices accelerate inflation, voices within the Federal Open Market Committee (FOMC) supporting rate hikes this year are growing louder. Leslie Falconio expects the FOMC to formally remove its accommodative bias at this week's meeting, paving the way for a more hawkish outlook. However, she stated that she still expects the next move to be a rate cut, likely in 2027. (Bloomberg)
the "official" open-source model Rio-3.5-Open-397B, launched by IplanRIO, an IT company under the Rio de Janeiro City Government, has gained global popularity and been hailed as a rising force in Latin American open-source large models. Within less than 24 hours, this so-called AI "dark horse myth" was reversed, as the model was accused of being a "shell" version that is a weight-mixed variant of Alibaba's Qwen3.5 and NexN2Pro.Currently, IplanRIO has publicly apologized on the open-source community Hugging Face, admitting that an "operational error" led to the upload of a merged baseline version used for comparison. The open-source model team Nex-AGI has publicly alleged that this Rio model shows no traces of training by Rio itself, and that the so-called self-developed model is essentially a weight-mixed version of NexN2Pro and Qwen3.5-397B-A17B. (HuggingFace)
According to the official announcement, Bitget has launched a Football Viewing Gift Box campaign for VIP users, open for participation from June 15 to June 30. During the campaign period, users who maintain an official VIP1 (or higher) status and complete their shipping information registration will be eligible to receive a gift box—quantities are limited and distributed on a first-come, first-served basis. This campaign offers two types of gift boxes: the V1–V3 Football Viewing Gift Box and the V4–V7 Premium Limited Edition Gift Box. The Premium Limited Edition Gift Box includes the option to customize a personalized football jersey. Distribution of physical gift boxes will begin on July 3. If physical gift boxes run out, Bitget will issue spot margin interest reduction vouchers as substitutes. Full campaign rules have been published on the official Bitget platform; eligible users may visit the campaign page to participate and claim their gift boxes.
Google has released the Open Knowledge Format (OKF) specification, aiming to standardize the “LLM Wiki”-style knowledge organization and interaction model proposed by Andrej Karpathy, thereby promoting unified knowledge structuring and citability for large language models.