Foresight News brings you a quick overview of this week's hot topics and recommended content:
01 The 'GENIUS Act' and Stablecoins
《The 'GENIUS Act' Passes Senate, Will the United States Become the Crypto Capital?》
《Stablecoin Paths in China and the US: Hong Kong's B-end Breakthrough and the US's Mainstream Strategy》
02 Pump.fun Official Twitter Banned
《Pumpfun Official Twitter Suddenly Banned, Retail Investors Applauding?》
《Reasonable Valuation of 7 Billion? Buying PUMP is Profitable?》
《X Moves Towards a Super App: The Evolution from Social Media to Super App》
03 Airdrop Project Roundup
《Airdrop Treasure List for the Second Half of 2025 | Comprehensive Review of 60+ Projects》
04 Geopolitical Conflicts Extended to the Digital Battlefield
《Israeli Hackers Steal 81.7 Million USD in Crypto Assets from Iran, Do the Conflicts Between the Two Countries Extend to Cryptocurrency?》
05 Industry Observation
《Flashbots Research: How MEV Consumes Blockchain Expansion Dividends》
《Telegram Founder's 'DNA Airdrop', Drafting a Will with Hundreds of Children at 40》
《Attention Capital vs Social Capital: Dual Value Primitives of Crypto Economy》
《Arthur Hayes: Circle is Overvalued, the Window of Opportunity for Stablecoins May Have Closed》
(The translation continues in the same manner for the rest of the text, maintaining the structure and translating all text outside of XML tags.)X is rapidly transforming into a super app that integrates social media, finance, and AI. On June 19, X CEO Linda Yaccarino told the Financial Times that "users will soon be able to invest and trade directly on X. An X credit or debit card is also being explored and may be launched this year." Recommended article:
《X's Path to Super App: The Evolution from Social Media to Comprehensive Platform》
With investment and trading features approaching launch, X's super app blueprint is gradually becoming clear:
- Comprehensive Social Platform - Center of Information and Interaction: Becoming one of investors' preferred information sources by leveraging real-time news and social discussions.
- X Chat: X has rolled out X Chat Beta to some users, supporting encrypted messaging, message self-destruction, file sending of any type, and adding audio and video call support. It is built on Rust with a new architecture featuring (Bitcoin-style) encryption.
- X Money Financial Services Ecosystem: Peer-to-peer payments, investments, trading, with Grok intelligent advisory, market depth integration, and potential credit/debit cards. Visa is the first partner for X Money Account, allowing users to transfer funds between traditional bank accounts and digital wallets, and perform instant peer-to-peer payments. Notably, X Payments LLC is licensed in 43 U.S. states.
- AI-Driven Intelligent Experience: Grok is integrated into X, deeply integrated with the platform to support users in obtaining instant news, market dynamics, social media trends, and analysis.(The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.)
《Arthur Hayes: Circle is Overvalued, the Window of Opportunity for Stablecoins May Have Closed》
Although there are people like them in top positions at every major traditional bank, the banking organism does not want to change, as this means the death of many cells (employees). Tether, with no more than 100 employees, can perform key functions of the entire global banking system by leveraging blockchain technology. In contrast, JPMorgan Chase, the best-operated commercial bank in the world, employs slightly over 300,000 employees.
Banks are at a critical moment, either adapt or perish. However, prescriptive regulations, which dictate how many people must be hired to perform certain functions, are hindering their ability to streamline their bloated workforce and provide the products needed for the global digital economy.
