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The Cyberspace Administration of China has launched the first phase of its "Clean Internet: Rectifying the Chaos in AI Applications" special campaign.
According to BlockBeats, on July 6th, the "Clean Up the Internet: Rectifying the Chaos in AI Applications" campaign, launched in April 2026, has focused on addressing various issues in AI applications, including failure to fulfill registration obligations for large-scale models, insufficient security and filtering capabilities of AI platforms, AI data poisoning, and inadequate implementation of labeling for generated and synthesized content. The Cyberspace Administration of China (CAC) has deployed local cyberspace administration departments to further advance the first phase of key rectification tasks and established a "Special Reporting Area for AI Application Chaos" to specifically accept public reports. With the joint efforts of all parties, the first phase has resulted in the handling of over 14,000 AI products, including illegal websites, applications, and intelligent agents; the removal of over 6 million pieces of illegal and irregular information; the handling of over 26,000 accounts; and the removal of over 1,300 illegal AI products and 9 illegal open-source datasets. Positive progress has been made in all aspects of the work.
Grass has launched a second-phase participant rewards inquiry portal, and rewards will be distributed in USDC.
According to Foresight News , the Grass Foundation, a decentralized bandwidth-sharing network, has launched a portal to check the Phase 2 participant rewards. Users can log in to view their estimated reward amounts. This reward covers users who participated in the network by sharing bandwidth during Phase 2, Epoch 1 to Epoch 19 (October 14, 2024 to June 8, 2026). Rewards will be distributed in USDC. Users can begin claiming their rewards at 21:00 Beijing time on July 22nd, and the claim period will continue until January 22, 2027 (unclaimed rewards will be retained by Grass).
Ondo Perps officially launched, propelling the on-chain derivatives market into a new phase of capital efficiency.
According to official news from Odaily Odaily, Ondo Perps has officially launched and is now open to non-US investors. As a perpetual contract platform supporting tokenized stocks and stablecoins as margin for derivatives, Ondo Perps aims to drive the on-chain derivatives market into a new era of capital efficiency. Its core advantages include: Tokenized shares as collateral: No need to maintain separate cash reserves on multiple platforms; Market depth comparable to traditional finance: achieving extremely low spreads and slippage; Its execution speed rivals that of top-tier crypto CEXs: order routing, margin updates, and settlements are all processed in real time while ensuring decentralization. Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, and offers leverage up to 20x, providing global investors with 24/7 trading. According to reports, Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure, and its total TVL has exceeded $1 billion.
New York Life, in partnership with Centrifuge, launched the first on-chain high-yield corporate bond fund.
PANews reported on June 30th that, according to The Block, New York Life Investment Management (NYLIM) has partnered with Centrifuge to launch the tokenized fund NYLIM Anemoy US High Yield Corporate Bond Segregated Portfolio (ticker symbol: HYB). This is NYLIM's first tokenized product and one of the few on-chain strategies focusing on high-yield corporate bonds. The fund is issued on the Centrifuge platform, with subscriptions and redemptions settled in the Circle stablecoin USDC. NYLIM manages the underlying assets, while Centrifuge provides the tokenization technology and BVI-separated portfolio structure. Investors, as shareholders, can directly claim the underlying assets.
Berachain mainnet PoL Next launched, transitioning the BGT model to the sWBERA incentive system.
According to ChainCatcher, the Berachain mainnet PoL Next has officially launched. The contract upgrade marks the first step in the transition from the original BGT model to a simpler, more sustainable incentive system centered on sWBERA. The complete transition is divided into two phases: the contract change takes effect on July 7th, and WBERA will begin to be distributed to replace BGT; the hard fork on July 8th will completely stop BGT production, and the old mechanism will be officially shut down. After the transition is completed, BGT LST Reward Vaults and BGT LST incentives will be gradually phased out in the coming days. The official team will provide migration tools for all users on the Hub's Portfolio page, but the migration will not be automatic; users need to manually replace BGT and BGT LSTs with sWBERA. Early APR may fluctuate, but it is estimated that it can increase up to 3 times the original. The hard fork will take place on July 8th at 16:00 UTC (12:00 PM EDT).
The Qianwen Intelligent Agent function and services will be officially discontinued on July 15th.
PANews reported on July 6th that Doubao recently announced its AI agent function will be taken offline on July 15th. At the same time, Qianwen (Tongyi Qianwen) also sent users a "Qianwen AI Agent Service Offline Reminder," stating that the Qianwen AI agent function and service will be officially taken offline on July 15, 2026. After the offline date, users will no longer be able to access related AI agent configurations and historical dialogue records. On June 26th, the Shanghai Municipal Cyberspace Administration announced the first phase results of the "Clean Up and Rectify the Chaos in AI Applications" special campaign, with over 14,000 illegal AI agents removed. Among them, MiniMax continued to remove illegal AI agents such as "one-click stripping" and gambling apps, becoming one of the key targets of the rectification. It is understood that the "Interim Measures for the Management of Humanized Interactive Services of Artificial Intelligence," which will officially come into effect on July 15, 2026, is in the preparation stage.