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Microsoft announced the reduction of 4,800 positions, accounting for approximately 2.1% of its global workforce. The Xbox gaming division is the hardest hit, having laid off 1,600 people on July 6, with an additional 1,600 expected to be cut within this fiscal year, totaling about 3,200 positions. Asha Sharma, the Xbox CEO who took over in February, candidly told employees that the business is currently not healthy, stating that Xbox's profit margins are three to ten times lower than those of similar platforms and publishing businesses, with rising console component costs exacerbating competitive pressure against Sony's PlayStation and Nintendo's Switch.Microsoft will also divest four previously acquired studios, with Compulsion Games and Double Fine operating independently, while Ninja Theory and Undead Labs will be transferred to new owners, partially reversing the gaming landscape built by the $68 billion acquisition of Activision Blizzard three years ago. Chief Human Resources Officer Amy Coleman stated that the company launched a buyout plan in April, with over one-third of eligible employees accepting it. Microsoft's stock price has dropped about 19% over the past six months.

According to the 8-K filing submitted to the SEC, Jolie Kahn, CEO of the Nasdaq-listed digital infrastructure company AVAX One Technology (AVX), resigned on July 3, and COO Pete Wylie has been appointed as interim CEO. The company stated that the departure was "mutually agreed upon" and did not involve any operational, policy, or practical disagreements. Under the separation agreement, Kahn will receive a one-time cash compensation of $160,000 and common stock valued at $250,000. The board has hired global executive search firm ZRG Partners to find a permanent successor.This leadership change comes as AVAX One faces compliance pressure from Nasdaq, as the company previously received a notice for its stock price falling below the minimum requirement of $1. Shareholders approved a 1:12 reverse stock split on May 29, which took effect on June 15. AVAX One's main business includes mining Bitcoin in Alberta and Ohio with approximately 300 PH/s of computing power, holding a strategic treasury of AVAX and earning staking rewards, as well as building modular data centers aimed at AI and high-performance computing.

According to BBX data, global cryptocurrency concept companies disclosed the latest developments in their digital asset portfolio adjustments and expansions yesterday and in recent days, with the core information as follows:Strategy historic cash-out of $216 million: Strategy Inc. (NASDAQ: $MSTR) submitted a filing to the SEC on July 6, disclosing that it sold 3,588 bitcoins in two batches from June 29 to July 5 for approximately $216 million to pay four preferred stocks and the quarterly/monthly dividends of STRC, and to supplement its dollar reserves to $2.55 billion. The average selling price was about $60,215, which is approximately 20% lower than its historical holding cost. The company's total holdings have now decreased to 843,775 BTC, emphasizing that this was a liquidity management decision and that its bitcoin strategy has not changed.BMNR claims ETH holdings exceed 5.74 million: Bitmine Immersion Technologies (NYSE: $BMNR) announced on July 6 that it spent $74 million in the past week to purchase 42,197 ethers. The company claims its total holdings have risen to 5,742,237 ETH (accounting for 4.8% of the total network circulation, with a market value of approximately $10.3 billion), of which over 4.87 million have been staked through its MAVAN platform. Chairman Tom Lee attributes the continued buying to the increased probability of the CLARITY Act's passage.American Bitcoin increases holdings by 500 BTC: The cryptocurrency mining company American Bitcoin, supported by the Trump family, recently increased its holdings by another 500 bitcoins in the open market. After this acquisition, the company's total bitcoin holdings have officially exceeded 8,000.

According to an official announcement from Samsung Electronics, it has officially disclosed its performance guidance for the second quarter of 2026. Based on the Korean International Financial Reporting Standards (K-IFRS), Samsung Electronics expects consolidated sales for the quarter to be approximately 171 trillion won (with an estimated range of 170 trillion to 172 trillion won) and consolidated operating profit to be around 89.4 trillion won (with an estimated range of 89.3 trillion to 89.5 trillion won).Data shows that compared to the same period last year, Samsung Electronics achieved a significant leap in performance for this quarter. In comparison, its consolidated sales for the second quarter of 2025 were 74.57 trillion won, and operating profit was 4.68 trillion won; in the previous quarter (the first quarter of 2026), its sales were 133.87 trillion won, and operating profit was 57.23 trillion won.This strong performance is mainly attributed to the ongoing artificial intelligence boom, which has driven a surge in demand and price increases for high bandwidth memory (HBM) and other advanced storage chips. It is reported that Samsung Electronics will release a detailed complete financial report later this month.

According to Onchain Lens monitoring, the Nasdaq-listed company Empery Digital has increased its holdings by 200 bitcoins (worth $12.84 million).In the past 6 days, the company has cumulatively increased its holdings by 1,200 BTC (worth $72.65 million).

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Jiri Lehecka vs Alexander Zverev," the sub-market "Wimbledon ATP: Jiri Lehecka vs Alexander Zverev Total Games: Over/Under 3.5" saw the winning probability of the "Over 3.5" option fluctuate dramatically, dropping from 51.5% an hour ago to the current 29.5% (a fluctuation of 22%). Please note the impact of related breaking news.

Tokenized sovereign debt startup M1X Global has completed a $5.5 million seed round financing, led by Paradigm, with participation from Breed VC and others.M1X Global previously collaborated with the Republic of the Marshall Islands to assist in issuing the on-chain sovereign debt instrument USDM1. This product is dollar-denominated, backed 1:1 by U.S. Treasury bonds, and is a tokenized sovereign debt instrument natively issued by sovereign nations on public blockchains. USDM1 was initially issued on Stellar and is now also available on Canton and Solana.Jordan Goldman, President and COO of M1X, stated that sovereign debt is one of the largest asset classes globally, but prior to USDM1, it did not exist in a native on-chain form. The company aims to establish USDM1 as on-chain sovereign collateral and expand its use in regulated financial markets. The initial application scenario for USDM1 is domestic government aid disbursement. Citizens of the Marshall Islands can receive funds through the Lomalo wallet, allowing payments to be completed in seconds without relying on traditional banking networks. M1X also stated that recent integration with the U.S. FDIC-insured Bank of Guam further connects USDM1 to regulated banking infrastructure.

According to Jinshi reports, the US dollar index, which measures the dollar against six major currencies, rose slightly by 0.01% on July 6, closing at 100.853 in the foreign exchange market. 1 euro exchanged for 1.1443 US dollars, higher than the previous trading day's 1.1439 US dollars; 1 pound exchanged for 1.3395 US dollars, higher than the previous trading day's 1.3356 US dollars; 1 US dollar exchanged for 162.06 Japanese yen, higher than the previous trading day's 161.36 Japanese yen; 1 US dollar exchanged for 0.805 Swiss francs, higher than the previous trading day's 0.8035 Swiss francs; 1 US dollar exchanged for 1.4209 Canadian dollars, higher than the previous trading day's 1.4198 Canadian dollars; 1 US dollar exchanged for 9.6255 Swedish kronor, lower than the previous trading day's 9.6436 Swedish kronor.

According to Decrypt, Bitcoin mining company TeraWulf has signed a 20-year lease with Anthropic to build an approximately 401 MW AI data center park at the Justified Data campus in Hawesville, Kentucky, USA, which is expected to generate about $19 billion in revenue.Under the agreement, the first phase of the campus is expected to go live in the second half of 2027 and reach full capacity in early 2028. TeraWulf stated that the lease is expected to receive investment-grade credit rating support. In addition, TeraWulf has sold its 50.1% stake in the Abernathy Joint Venture to a group led by partner Fluidstack, exiting its approximately $450 million investment at a premium.Following the announcement, TeraWulf's stock price surged nearly 14%, and the stock prices of Bitcoin mining companies such as IREN, Hut 8, and Cipher Digital also rose by more than 10%, respectively.

Tom Lee, the chairman of BitMine, Ethereum's largest treasury, stated that although there is still widespread skepticism about ETH in the market, the ETH/BTC exchange rate is rising, indicating that investors are anticipating an improvement in the visibility of cryptocurrency "use cases," which is a good thing for the market.

According to CoinDesk, New York Stock Exchange-listed company Securitize (SECZ) plans to utilize over $400 million in funds to expand its institutional tokenization platform through the acquisition of complementary businesses, rather than acquiring competitors. Securitize previously went public through a merger with a SPAC under Cantor, retaining about 70% of trust funds, with total fundraising exceeding $400 million.Since its establishment in 2017, the company has issued approximately $4.4 billion in tokenized assets, including BlackRock's $2.2 billion U.S. Treasury money market fund BUIDL and nearly $300 million in Securitize's own tokenized stock, making it one of the largest issuers of tokenized assets currently. CEO Carlos Domingo stated that he is optimistic about the opportunities for stocks and ETFs to be tokenized, noting that even if only 2% of the global equity market, valued at around $140 trillion, is tokenized, it could create a tokenized market of approximately $30 trillion.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Wimbledon ATP: Alex de Minaur vs. Flavio Cobolli," the sub-market "Wimbledon ATP: Alex de Minaur vs. Flavio Cobolli" saw the winning probability of the option "Alex de Minaur" experience significant fluctuations, dropping sharply from 52.5% an hour ago to the current 37.5% (a fluctuation of 15%). Please note the impact of related breaking news.

Web3 security company CertiK released the "Hack3D: First Half of 2026 Report." The report shows that in the first half of 2026, the Web3 ecosystem experienced a total of 344 security incidents, with cumulative losses of approximately $1.32 billion. Although this figure represents a 46.8% decrease compared to the same period last year, if we exclude the impact of the $1.45 billion security incident encountered by Bybit, the loss scale in the first half of this year has actually increased by about 28% year-on-year, indicating that the overall security environment in the industry has not seen substantial improvement.The report points out that wallet theft has become the largest type of attack causing financial losses, resulting in approximately $450 million in losses in the first half of the year; meanwhile, although the number of phishing attacks has decreased by over 50% year-on-year, the amount of losses has only decreased by about 10.8%, reflecting that attackers are increasingly targeting high-net-worth individuals and institutional targets, implementing more focused high-value attacks.In addition, code vulnerabilities remain the most frequently occurring type of attack, with related incidents reaching 204. CertiK believes that attackers are increasingly targeting long-running and outdated smart contracts that lack re-auditing.The report also shows that large-scale attack incidents continue to dominate industry losses, with the Kelp DAO and Drift Protocol incidents collectively causing approximately $577 million in losses, accounting for 44% of the total losses in the first half of the year. From the perspective of incident quantity, the impact of single attacks, and changes in attack patterns, the Web3 industry is facing increasingly complex and continuously escalating security challenges.

According to PR Newswire, Bitcoin treasury company Bitmine disclosed that it increased its holdings by 42,197 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,742,237 coins, accounting for approximately 4.8% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by Bitmine is approximately $11.1 billion, which includes $527 million in cash and securities, 206 Bitcoins, $180 million in equity assets from Beast Industries, and a $71 million investment in Eightco Holdings (ORBS).As of July 5, the number of Ethereum it has staked is 4,879,157 coins (85% of total holdings), valued at approximately $8.8 billion, with a current annualized staking yield of about $235 million.

Goldman Sachs' latest research report indicates that the upward trend in the South Korean stock market in the second half of the year is expected to spread from AI storage leaders like Samsung Electronics and SK Hynix to more industries such as energy, raw materials, and industrial manufacturing. Overseas funds are gradually positioning themselves in the upstream and downstream of the AI industry chain and other independent investment opportunities.In response to market concerns about a bubble in Korean stocks, Goldman Sachs believes that the current increase in financing balance is mainly due to the growth in the net value of leveraged ETFs, rather than new borrowing by investors. The assets of South Korean residents are still primarily in real estate, cash, and overseas stocks, and the domestic stock market still has room for incremental capital inflows.Goldman Sachs expects that the overall net profit of South Korean companies will grow by approximately 320% year-on-year in 2026, and will maintain a growth rate of about 35% in 2027. They maintain a target of 12,000 points for the Korea Composite Stock Price Index (KOSPI) over the next 12 months, which still represents more than a 20% upside from the current level, but they anticipate that market volatility will increase in the future.

According to Coinglass data, the Coinbase Bitcoin premium index has been in the negative premium range for 49 consecutive days (from May 19 to present), with the latest value at -0.1072%. Previously, this index was in the negative premium for 40 consecutive days from January 16 to February 24 this year, setting the longest "continuous negative" record since the launch of this indicator, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."Historical data shows that prolonged negative premiums are often accompanied by the exit of institutional funds from the United States, and caution is needed regarding short-term pullback pressure.

According to Jinshi News, SK Hynix's American ADR listing has received oversubscription, and SK Hynix will stop accepting subscriptions at 4 PM New York time on July 8.

According to Jinshi reports, SK Hynix officially launched its marketing process for its U.S. stock listing this Monday, aiming to leverage investors' continued enthusiasm for the memory chip sector to advance its trading on U.S. exchanges.According to the filing documents, SK Hynix plans to issue approximately 17.79 million shares of common stock corresponding to American Depositary Receipts. Based on last Friday's closing price in the Korean market, the scale of this issuance is approximately $28 billion. As a leading supplier of HBM chips, SK Hynix's listing in the U.S. opens up efficient financing channels for the company.According to previously disclosed regulatory documents, SK Hynix expects its American Depositary Receipts to officially begin trading on July 10 (this Friday). Based on the current proposed issuance scale, this ADR sale will rank among the top three largest IPOs in history (the specific amount depends on the exchange rate), potentially rivaling the $29.4 billion IPO scale set by Saudi Aramco in 2019.