StableOstrich

Wu Shuo learned that Visa and Artemis jointly released a report saying that AI agents have begun autonomously booking travel, purchasing computing power, and calling data services, and machine payments are moving from concept to real commercial scenarios. Since going live in May 2025, x402 has completed about 109.6 million transactions, with an adjusted transaction value of about $15 million. The average payment per transaction is less than 1 cent, and the fixed fees of traditional bank cards are not economical for such micropayments. In the future, bank cards may continue to handle routine e-commerce payments, while stablecoins are better suited for high-frequency machine payments; the biggest current obstacle is not settlement technology, but rather that AI agents’ authorization, responsibility allocation, and dispute-resolution mechanisms are not yet clearly defined.

CoinMarketNews: Japanese Finance Minister Kaoru Ishii said that if the investment environment undergoes major changes, Japan will consider adjusting the investment portfolio of the Government Pension Investment Fund (GPIF). Her remarks boosted market sentiment, leading to a rise in Japanese government bond prices. Market observers noted that this suggests GPIF may further buy Japanese government bonds in the future. On Tuesday, the yield on two-year Japanese government bonds fell by 1 basis point to 1.435%, the 10-year yield fell by 3 basis points to 2.755%, and the 30-year yield fell by 4.5 basis points to 3.860%.

Crypto news: SK hynix has officially started mass production and shipments of 12-layer HBM4 for NVIDIA, and the product has entered the capacity ramp-up phase. This is the first time HBM4 has reached its final specifications with all quality certifications completed, targeting NVIDIA’s next-generation AI platform “Vera Rubin”. It is understood that starting in September this year, SK hynix will officially expand the scale of its HBM4 shipments to meet NVIDIA’s supply needs for high-end computing chips.

Crypto news flash: Trader yixie’s SKHX long position has floating losses of $1,091,922.03, expanding further, with a loss ratio of 18.05%. The current coin price is $1,352.90, the liquidation price is $788.86, and the position size is $13,563,319.01. Since April, yixie has built long positions in MU and SNDK on the HyperLiquid platform, and in May’s rally he became the biggest on-chain beneficiary of the on-chain semiconductor sector, with monthly profit reaching $7 million.

CoinWorld News, Strike announced the launch of a new Bitcoin-backed loan product that eliminates margin calls and price-based liquidations. The loan’s maximum loan-to-value ratio is 45%, the term is six months, and the interest rate ranges from approximately 10.7% to 14.2%. While a drop in Bitcoin’s price will not trigger liquidation, borrowers must repay on time or face the risk of losing their collateral. Strike CEO Jack Mallers said the loan product was developed based on customer feedback, aiming to address the forced liquidation problems faced by crypto borrowers. Mallers also noted that Bitcoin has experienced declines of at least 30% over the past 12 years, with four drops exceeding 50%. The launch of this product is intended to eliminate this risk and ensure that Bitcoin collateral will not be sold due to declines in market prices.

CoinWorld News: Sheldon Mills, Executive Director of the UK Financial Conduct Authority (FCA), warned that as businesses and individuals accelerate their adoption of AI, regulators are facing a “race of arms” in trying to catch up with the speed and scale of AI adoption in the financial services industry. An AI financial impact report written by Mills says that 20% of UK adults are willing to let large language models replace them in making savings or borrowing decisions. This kind of service is equivalent in user experience to regulated traditional financial advice, yet because it operates outside the regulatory boundary, users are unable to obtain any economic compensation when they suffer losses. The report calls for an urgent review of unregulated financial AI risks and for an expansion of legislative authority to strengthen oversight of core technology providers such as Anthropic, OpenAI, Amazon, Google, and Microsoft through a “key third party” mechanism.

The Financial Services Commission (FSC) of South Korea has referred two suspected cryptocurrency market manipulation cases to prosecutors. The first involves a whale using tens of billions of Korean won over several months to control nearly half of the global circulating supply and manipulate token prices; the second involves creating the appearance of active trading by placing orders through an API and using high-priced orders on a web page. The FSC warns that pump-and-dump schemes by whales could cause sharp price drops.

CryptoWorld News, according to Al Jazeera: The death toll from the Israeli airstrike on the southern suburbs of Beirut, Lebanon, has risen to 3, with 15 others injured.

According to the Times of India, Indian police have arrested 45-year-old employee Hasmat Hussain from Aligarh Muslim University, who is suspected of impersonating the Lawrence Bishnoi gang, sending extortion letters to at least 8 local residents, demanding approximately $240k worth of cryptocurrency. The police stated that the suspect had traded cryptocurrencies such as Bitcoin and found related transaction activities on his phone. Currently, the police have registered 6 FIRs, and the related charges are still awaiting judicial confirmation.

Article 27 of the “Regulations on Outbound Investment” issued by the State Council provides that: those who fail to complete the overseas investment record-filing procedures as required, or who apply for record-filing using false materials, shall be ordered to make corrections, have their illegal proceeds confiscated, and be fined 1‰–5‰ of the investment amount; if they refuse to make corrections, their investment activities shall be stopped, they shall be given a deadline to dispose of their shares/assets, and the fine shall be increased to 5‰–10‰; the persons directly in charge and other persons directly responsible shall be fined RMB 20,000–50,000. Those who obtain record-filing by bribery, deception, or other improper means shall have the record-filing revoked, have their illegal proceeds confiscated, and be fined 1‰–5‰; investors who have already invested shall have their investment activities stopped and be given a deadline to dispose of their shares/assets, with a fine of 5‰–10‰, and the relevant persons responsible shall be fined RMB 20,000–50,000.

Mars Finance News, on June 2nd, the Office of the U.S. Trade Representative proposed imposing a 25% tariff on all imports from Brazil, except for goods already subject to national security tariffs under Section 232. (Jin10)

Mars Finance News: YZi Labs announces the launch of the YZi Labs Creator Program, aiming to build a curated network of creators covering Web3, AI, and cutting-edge technology fields, and connect to its distribution channels of over 300 portfolio companies. Participating creators will have priority access to YZi Labs portfolio founders; project teams and founders can also connect with content creators skilled in storytelling about products and visions through this program.