Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

SoftBank founder and CEO Masayoshi Son recently publicly challenged Elon Musk’s push for orbital data center concepts at a general shareholder meeting, arguing that building data centers in space is not only extremely costly and time-consuming, but also that "in the AI race, the next few years matter far more than what happens a decade from now." This remark has sparked widespread discussion across the tech industry. TechCrunch analysts note the irony that Son himself is an investor renowned for "crazy bets"—a pattern seen in high-stakes gambles ranging from WeWork to SoftBank’s Vision Fund. Still, his high-profile skeptical stance carries meaningful weight, given that a large number of venture capital firms and entrepreneurs have already been swept up in the orbital data center concept. As for Musk’s true motives, analysts bluntly point out that the orbital data center concept aligns closely with SpaceX’s commercial interests: building a satellite constellation translates to sustained launch demand, which will bring stable orders for SpaceX’s rocket launch operations. SpaceX currently holds an 80% to 90% share of the global launch market, but a significant portion of this is driven by launches of its own Starlink satellites. Excluding that segment, its actual market share may only stand at 20% to 40%. SpaceX is also actively expanding its computing power leasing business, having signed cooperation deals with firms including Google and Anthropic, and closed its first new computing power leasing transaction after its IPO. Most notably, OpenAI founder Sam Altman also holds reservations about the orbital data center concept—and his long-standing feud with Musk is well-documented. Analysts conclude that in this discussion about the future of AI, all parties speaking out have significant skin in the game: "there are no truly neutral, objective observers," and every prediction comes with an asterisk driven by vested interests.

According to monitoring by Onchain Lens, Ethereum treasury-linked firm SharpLink Gaming purchased another 29,196 ETH today, worth approximately $46.7 million. Over the past three days, it has accumulated a total of 39,196 ETH, with total spending around $62.43 million. This large-scale ETH accumulation comes amid renewed escalation of Middle East tensions and rising market risk aversion. Earlier on June 23, SharpLink, together with Bitmine and Ethereum co-founder Joseph Lubin, co-founded non-profit organization Ethlabs, positioned as a new entity taking over some functions of the Ethereum Foundation. SharpLink subsequently resumed ETH purchases on June 26.

According to Press TV, Iran's Islamic Revolutionary Guard Corps (IRGC) claimed to have carried out strikes on 8 US targets in the region, issuing a stern warning that US bases in the Middle East "will experience hell in these days". The IRGC's Navy Command also warned it would take "tougher" measures against vessels transiting the Strait of Hormuz, further stoking fears of a renewed blockade of the strategic waterway. The statement comes just days after the US-Iran ceasefire deal took effect, marking a sharp reversal of the situation. Oil prices, safe-haven assets and financial markets are closely monitoring developments, with geopolitical risk premiums likely to be repriced rapidly.

According to Iran's Tasnim News Agency, the Islamic Revolutionary Guard Corps (IRGC) said its Navy and Aerospace Forces had jointly carried out missile and drone operations against Kuwait and Bahrain in response to recent U.S. strikes on Iran. The IRGC also warned that any violation of the ceasefire agreement would breach the deal between the two sides and could lead to a complete halt of all ongoing related processes. The IRGC stated it would respond to future violations of the agreement with harsher measures, and any "hostile aggression" would face a "devastating response". Additionally, the IRGC accused the U.S. of attacking five Iranian coastal outposts under the pretext that the IRGC Navy had intercepted vessels violating Iran's territorial waters. U.S. President Donald Trump previously posted that the U.S. military had just struck Iran's missile and drone storage sites and coastal radar stations, claiming Iran had again violated the ceasefire agreement. Trump also threatened: "There will come a time when we will no longer exercise restraint and be forced to complete the operations we have already successfully initiated by military means. If that day comes, the Islamic Republic of Iran will cease to exist!"

Fidelity Digital Assets recently released a research report addressing concerns that Bitcoin’s halving will long-term weaken the network’s security. The report’s author, Fidelity research analyst Daniel Gray, noted that Bitcoin network security does not solely depend on block rewards; transaction fees, market incentives, and other economic forces also continuously motivate miners to maintain network security, making sustained attacks prohibitively costly. On the data front, Gray pointed out that while block subsidies have continued to decline, the rise in Bitcoin’s price has largely offset this impact. Miners’ average daily revenue has surged from roughly $26,300 during Bitcoin’s first halving cycle to over $40.2 million today. He wrote: “Despite the decline in issuance, miner incentives—and by extension, network security—have historically strengthened alongside Bitcoin’s price growth.” Since Bitcoin’s fourth halving in April 2024, miners’ per-block subsidy has dropped from 6.25 BTC to 3.125 BTC. However, the report’s optimistic conclusion stands in sharp contrast to the reality of publicly traded mining companies. Multiple industry analysts have described the current period as one of the most challenging mining environments on record, driven by concurrent declines in block rewards, rising operating costs, and intensifying competition. In response, several mining firms have begun transitioning to AI and high-performance computing sectors, leveraging their existing power infrastructure to meet AI computing demand. VanEck estimates that public mining companies may need to raise up to $50 billion in additional capital to fully transition to AI infrastructure, though AI data centers have far higher requirements for facility standards, cooling, power redundancy, and networks than traditional Bitcoin mines, making the transition’s difficulty non-negligible.

According to CNBC, a tanker in the Strait of Hormuz was hit by gunfire on Saturday, the latest sign of renewed tensions between the U.S. and Iran. The two sides had previously reached a temporary agreement aimed at ending hostilities in the region. The United Kingdom Maritime Trade Operations (UKMTO) said a vessel in the strait was struck by an "unidentified flying object", suffering hull damage, though the crew was reported unharmed. Bahrain also condemned an Iranian drone attack on Saturday, labeling it a "flagrant violation" of its sovereignty. The new attacks unfold as the U.S. and Iran were supposed to be in 60-day ceasefire talks negotiating an end to the conflict, but both nations have accused each other of breaching the agreement’s terms.