Citigroup lowers target prices for Bitcoin and Ethereum, cuts ETF net inflow expectations

According to The Information, Liang Wenfeng was inspired by Claude Mythos to raise $7.4 billion for DeepSeek, with Liang Wenfeng contributing approximately RMB 20 billion. After the financing is completed, DeepSeek plans to double its recruitment scale and establish an employee stock ownership plan. The company is accelerating the adaptation of Huawei chips, but due to rewriting the underlying software, a new model has not been released for 15 months. Liang Wenfeng stated that programming tools and chatbots are both temporary products in the evolution of AI. The company's strategy is to adhere to open source, low price, and focus on AGI, and he believes that AI should not be controlled by a few people.

The Eurozone's inflation rate fell to 2.8% in June, lower than the Reuters survey forecast of 3% and May's 3.2%. The European Central Bank raised interest rates by 0.25 percentage points to 2.25% last month, marking the first rate hike since 2023. The inflation rate in June exceeded the European Central Bank's medium-term target of 2% for the fourth consecutive month. Based on the implied level of swap contracts, traders expect the European Central Bank to raise interest rates by another 0.25 percentage points before the end of this year.

[Goldman Sachs Tracks $7 Billion in AI Transactions in June, SMCI Backlog Reaches $39 Billion] According to Tide Research, Goldman Sachs' June 30 AI Project Pulse Monthly Report revealed that it tracked seven major transactions in June, totaling nearly $7 billion. Argentum AI signed a $4.1 billion contract to deploy 27,000 GB300 GPUs and a 300MW data center in Poland; India's Yotta Sovereign Cloud made a $2 billion purchase of 20,736 B300 units and 5,120 B200 units; AiOnX acquired 77% equity in Genesis Digital Assets for $500 million, redirecting 1.3GW of power across 15 mining farms to AI computing. CoreWeave partnered with Dell to build the world's first Vera Rubin NVL72 full-validation rack. SMCI secured $7 billion in financing to address approximately $39 billion in backlog orders, while Goldman Sachs raised its forecast for the global server market size.

SlowMist has detected a malicious npm supply chain activity that utilizes fake trading robot code libraries and DeFi themed npm packages to deliver JavaScript information theft tools to npm users, DeFi developers, and trading machine users. This event involves 30 malicious npm packages, among which there are approximately 2300 highly homogeneous forks under the poly stocks account. Attackers steal sensitive data such as encrypted wallets, browser cookies, passwords, developer credentials, private keys, mnemonics, and API tokens. Developers should immediately remove the affected npm packages, audit packagejson/package-lockjson and CI logs, replace exposed wallets, private keys, npm tokens, cloud credentials, SSH keys, and API tokens, and rebuild the environment from a clean image.

Lorenzo Valente, Director of Digital Asset Research at ARK Invest, questioned OpenUSD in an article, stating that its joint governance structure leads to low decision-making efficiency, difficulty in forming network effects, and economic models are difficult to support long-term operations.