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"Smart Chain Future - The New Era of Web3 and AI" is about to grandly open in Shenzhen.

The article introduces the upcoming "Smart Chain Future - Web3 and AI New Era" summit to be held in Shenzhen, focusing on the integration and innovation of Web3 and AI. The event will explore changes in new technologies and business models through speeches, discussions, and exhibitions, promoting cross-industry collaboration. The summit also gathers experts and entrepreneurs from various fields, hoping to inspire the potential of technology integration.
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[Daily News Highlights] Trump: Tariffs will start being imposed on August 1, 2025, with no extensions; Bloomberg: Tether holds $8 billion worth of gold in a secret vault in Switzerland; Truth Social files S-1 to launch Crypto Blue Chip ETF.

Daily selected Web3 news for you by BitPush editor:
[Trump: Tariffs will begin to be imposed on August 1, 2025, with no extensions granted.]
According to Bitpush news, U.S. President Trump stated that tariffs will be imposed starting on August 1, 2025. The deadline will not change and no extensions will be granted.
[Bloomberg: Tether holds $8 billion worth of gold in secret vaults in Switzerland]
According to news from Bi推, Bloomberg reported that Tether Holdings SA has its own vault in Switzerland, storing 8 billion USD worth of gold and is looking to expand its gold reserves. The cryptocurrency company, headquartered in El Salvador, stated that it currently holds nearly 80 tons of gold, most of which is held directly by Tether, making it the largest holder of gold in the world, aside from banks and countries.
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Vitalik betrayed the MIT license! Copyleft is the open source savior.

Author: Vitalik, founder of Ethereum;
Compiled by: AIMan@Golden Finance
Original title: Vitalik: Why I Prefer Copyleft Now
In free and open-source software (and more broadly free content), copyright licenses mainly fall into two categories:
If the content is published under permissive licenses (such as CC0, MIT), then anyone can obtain, use, and redistribute it for any purpose, without any restrictions, possibly only requiring minimal attribution rules.
If the content is under a Copyleft license (e.g., CC-BY-SA,
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YinhaiShengdavip:
Quick, enter a position! 🚗

FTX won't give compensation? Chinese users' $670 million claim may be rejected.

The progress of FTX creditor compensation is not smooth, with claims involving Chinese users amounting to 64.4 billion potentially being rejected. Creditor representatives stated that creditors from 49 regions may lose their right to claim, and users face judicial restrictions and a 45-day objection period. Some Chinese creditors are seeking to sell their claims through third-party platforms in hopes of recovering some funds. The difficulty of legal rights protection is high, and users generally feel helpless.
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GateUser-cd817b31vip:
Steadfast HODL💎

Behind "big and beautiful" is "big and fierce"? Short-term US Treasury bonds will face a flood of supply.

The U.S. government is facing a fiscal deficit of trillions of dollars through the "Big and Beautiful Act" and is expected to initiate a large-scale issuance of short-term government bonds. The market has already reacted to this, with short-term government bond yields rising. Despite the increased risks associated with short-term financing, the market remains optimistic about the demand for short-term government bonds, believing that liquidity is sufficient to absorb the upcoming debt supply.
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[Weekly Web3 News Highlights] Reuters: Circle applies for a US banking license, plans to hold USDC reserves; The SEC has suspended Grayscale's plan to convert its digital large-cap fund into an ETF and will conduct further reviews; Trump's "Big and Beautiful" bill has been passed, with Biden and Harris speaking out in criticism.

Weekly Web3 News Highlights from Bitpush:
[Reuters: Circle applies for a US banking license, plans to custody USDC reserves]
According to Bitpush news and a report by Reuters, stablecoin issuer Circle Internet Group (CRCL) has applied for a national bank charter in the United States. This move marks Circle's further integration into the traditional financial system after successfully completing its IPO this month.
If granted permission by the Office of the Comptroller of the Currency (OCC), Circle will be able to act as a custodian for its own reserves and hold cryptocurrency assets for institutional clients. However, Reuters points out that this license will not allow Circle to accept cash deposits or issue loans like traditional banks. The OCC-regulated entity will be named First National Digital Currency.
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