Moonshot AI将公开2.8万亿参数Kimi K3权重，中国开源权重模型Token占比升至68%
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Lenovo's Amu first proposed the "three laws" of the token economy.
Mars Finance reported on July 3rd that Abulikemu (Amu), Vice President and Chief Strategy Officer of Lenovo Group China, recently proposed three "laws" of the token economy at a salon. The first is the "Law of Inertia," which states the inevitability of a continuous decline in the cost per unit of token. Amu pointed out that due to three factors—innovation in chip/energy/model-based technologies, the integration and optimization of analog-computing-electronics integration, and token scheduling in operation—the cost per unit of token will continue to decrease naturally. The second is the "Law of Acceleration," which states that the value per unit is released at an accelerated pace with the depth of application. Amu emphasized the concept of "effective tokens," believing that the value of AI depends not only on the model but also on three factors: carbon-silicon fusion density, Harness engineering depth, and the degree of AI governance and supporting infrastructure. The third is the "Law of Singularity," which reveals the dynamic inflection point where the total cost and total value of tokens reverse. Amu presciently pointed out that as enterprise usage increases, the total cost of tokens will inevitably rise, while simultaneously, the value embodied by AI agents will also rise and be released. When the curves of total token cost and total token value intersect, it will be the moment of a major explosion in AI value. (Wide Angle Observation)
Magic Eden and several executives are facing a class-action lawsuit, accused of misrepresenting the ME token and causing losses to investors.
According to Foresight News , the U.S. District Court for the Eastern District of New York accepted a class-action lawsuit against Magic Eden on June 16. Plaintiffs Jaime Pagan, Ariel Ruano, and Chris Sadowski allege that Magic Eden and its executives made false statements in promoting the ME token, touting it as a "growing pillar of the online asset market," but failed to deliver on these promises, resulting in significant financial losses for investors. Defendants include Magic Eden co-founders Jack Lu, Zhuoxun Yin, Sidney Zhang, and Zhuojie Zhou, as well as Euclid Labs Inc. (the operating entity of Magic Eden) and the ME Foundation. The case has been formally accepted.
Specter, the on-chain detective: Arthur Hayes repeatedly promoted tokens before selling or depositing them into exchanges.
According to Specter, a Odaily intelligence firm, Arthur Hayes promoted HYPE, ZEC, and NEAR, which he called "Holy Trinity," predicting HYPE would reach $150 and publishing a Substack article to promote it. Several days later, Hayes sold all three tokens. He then promoted WLD, stating "This shitcoin is going to the moon"; three days later, he announced "I'm out." Afterward, he promoted CADRs, giving a target price of $4; one day later, a linked wallet deposited 1.9 million CADRs into an exchange. In 2024, Hayes promoted ENA, depositing $8.4 million worth of ENA into a CEX approximately one hour later. Specter reports that Arthur Hayes' BitMine has also been accused of operating an insider trading division, price manipulation, and insider trading. Arthur Hayes is currently promoting SYN.
Pump has sold a total of 4.73 million SOL tokens, generating transaction fees worth $805 million.
According to Odaily Odaily, based on monitoring by on-chain analyst Yu Jin, Pump continued to cash out its transaction fee revenue after nearly a month. Six hours ago, it transferred 122,500 SOL tokens to Kraken, worth $10.08 million. Since the beginning of 2024, Pump has reportedly sold a total of 4.73 million SOL tokens, generating transaction fee revenue worth $805 million, at an average price of approximately $170 per token.
SpaceX's IPO drives record-breaking tokenized stock trading, with on-chain transaction volume reaching $3.86 billion in June.
According to Odaily, driven by the buzz surrounding SpaceX's initial public offering (IPO), the tokenized stock market saw record trading activity in June, with on-chain transaction volume reaching $3.86 billion, a 145% increase from May. Of this, tokenized SpaceX stock accounted for $1.19 billion, representing approximately 31% of the total tokenized stock trading volume in June. Backpack Securities' SPCX token became the most actively traded SpaceX tokenized stock product, with a single-month on-chain transaction volume of $1.08 billion. Data shows that this round of growth was primarily driven by demand for SpaceX-related assets. SpaceX previously completed a record-breaking $75 billion IPO, valuing the company at approximately $1.8 trillion on a fully diluted basis. While traditionally popular assets such as Nvidia, Tesla, the S&P 500 ETF (SPY), and the Nasdaq 100 ETF (QQQ) remained actively traded, none reached the market enthusiasm of SpaceX's tokenized shares. Furthermore, the total market capitalization of tokenized shares rose to $1.53 billion in June, a 6.64% increase from the previous month, marking the 15th consecutive month of growth. (CoinDesk)
The U.S. SEC released a statement on its 2026 regulatory agenda: promoting the trading of tokenized securities and advancing the development of crypto rules.
According to Odaily Odaily, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins released a statement regarding the 2026 regulatory agenda, indicating that the SEC will continue to advance a series of regulatory reforms, including adapting the regulatory framework to the current market environment, actively embracing innovation and new technologies, implementing President Trump's goal of "making America the global crypto capital," promoting the launch of more crypto-related products in the U.S. market, establishing clear rules for crypto asset financing, and clarifying the on-chain custody of market participants and promoting on-chain tokenized securities trading. Regarding capital market reforms, the U.S. SEC will advance its "Make IPOs Great Again" initiative, which aims to encourage more companies to enter the public market by reforming information disclosure systems and reducing compliance costs for companies seeking to go public, while maintaining necessary investor protection measures.