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On July 15, a statement revealed that the White House has launched the 'Golden Eagle' initiative, a platform aimed at coordinating responses to cybersecurity vulnerabilities to streamline processes and promote artificial intelligence innovation. The White House, Department of the Treasury, Department of Homeland Security, and Department of Defense have collaborated on this initiative to prioritize addressing cyber vulnerabilities.

[White House Launches Cybersecurity 'Golden Eagle' AI Initiative]On July 15, a statement revealed that the White House has launched the 'Golden Eagle' initiative, a platform aimed at coordinating responses to cybersecurity vulnerabilities to streamline processes and promote artificial intelligence innovation. The White House, Department of the Treasury, Department of Homeland Security, and Department of Defense have collaborated on this initiative to prioritize addressing cyber vulnerabilities.

White House Launches Cybersecurity 'Golden Eagle' AI Initiative

On July 15, U.S. President Trump stated that strikes against Iran would continue 'until I say enough.' Additionally, Trump mentioned that the U.S. held talks with Iran on Tuesday, urging them to reach an agreement. He also indicated that strikes on Iran's energy facilities would be reserved for last. Trump threatened that next week, we will destroy Iran's power plants and will demolish their bridges. Unless they return to the negotiating table, we will destroy all their power plants and bridges.

[Trump Claims Talks with Iran, Threatens to Strike Power Plants]On July 15, U.S. President Trump stated that strikes against Iran would continue 'until I say enough.' Additionally, Trump mentioned that the U.S. held talks with Iran on Tuesday, urging them to reach an agreement. He also indicated that strikes on Iran's energy facilities would be reserved for last. Trump threatened that next week, we will destroy Iran's power plants and will demolish their bridges. Unless they return to the negotiating table, we will destroy all their power plants and bridges.

Trump Claims Talks with Iran, Threatens to Strike Power Plants

On July 15, the UK tax authority confirmed that depositing crypto assets into DeFi lending protocols and liquidity pools will no longer be considered a taxable disposal. This means that investors will not have to pay capital gains tax until an actual economic disposal of the asset occurs. This adjustment was announced in a policy document released by the UK government and will officially take effect on April 6, 2027, amending the 1992 Taxation of Chargeable Gains Act. This policy change will affect approximately 700,000 individuals and trustees using crypto lending and liquidity pool services.

[UK to Delay Capital Gains Tax on DeFi Lending and Liquidity Pool Deposits]On July 15, the UK tax authority confirmed that depositing crypto assets into DeFi lending protocols and liquidity pools will no longer be considered a taxable disposal. This means that investors will not have to pay capital gains tax until an actual economic disposal of the asset occurs. This adjustment was announced in a policy document released by the UK government and will officially take effect on April 6, 2027, amending the 1992 Taxation of Chargeable Gains Act. This policy change will affect approximately 700,000 individuals and trustees using crypto lending and liquidity pool services.

UK to Delay Capital Gains Tax on DeFi Lending and Liquidity Pool Deposits

On July 15, the UK and US issued a joint statement on stablecoins, affirming their commitment to deepening cooperation in capital markets and digital assets, as reflected by the 'Future Markets Transatlantic Working Group.' The governments of both countries believe that well-regulated stablecoins have the potential to enhance the efficiency and competitiveness of the financial system, modernize financial market infrastructure, and improve cross-border payment and transaction experiences. They also recognize the importance of promoting competition and innovation, maintaining financial stability, protecting consumer rights, and sustaining public confidence in the monetary system within a financial ecosystem that includes various forms of currency.

[UK and US Joint Statement: Plans to Implement Stablecoins in Cross-Border Finance]On July 15, the UK and US issued a joint statement on stablecoins, affirming their commitment to deepening cooperation in capital markets and digital assets, as reflected by the 'Future Markets Transatlantic Working Group.' The governments of both countries believe that well-regulated stablecoins have the potential to enhance the efficiency and competitiveness of the financial system, modernize financial market infrastructure, and improve cross-border payment and transaction experiences. They also recognize the importance of promoting competition and innovation, maintaining financial stability, protecting consumer rights, and sustaining public confidence in the monetary system within a financial ecosystem that includes various forms of currency.

UK and US Joint Statement: Plans to Implement Stablecoins in Cross-Border Finance

On July 15, the Iranian Mehr News Agency reported early in the morning, citing the Hormozgan provincial government, that clashes occurred in the Strait of Hormuz, with explosions heard in coastal counties of the province, as well as in Bandar Abbas and nearby islands in the Persian Gulf. Additionally, earlier reports from the Mehr News Agency indicated that multiple explosions were heard in Sirik County of Hormozgan Province, which may be related to the clashes in the nearby waters. Sirik is located at the entrance of the Strait of Hormuz. (Xinhua News Agency)

[Clashes Reported in the Strait of Hormuz]On July 15, the Iranian Mehr News Agency reported early in the morning, citing the Hormozgan provincial government, that clashes occurred in the Strait of Hormuz, with explosions heard in coastal counties of the province, as well as in Bandar Abbas and nearby islands in the Persian Gulf. Additionally, earlier reports from the Mehr News Agency indicated that multiple explosions were heard in Sirik County of Hormozgan Province, which may be related to the clashes in the nearby waters. Sirik is located at the entrance of the Strait of Hormuz. (Xinhua News Agency)

Clashes Reported in the Strait of Hormuz

On July 15, Iran's First Vice President Arif stated, "The U.S. breach of promises was expected by us. The U.S. tearing up recently signed documents indicates that its words are not trustworthy." (Xinhua News Agency)

[Iran's Vice President: U.S. Breach of Promises Expected]On July 15, Iran's First Vice President Arif stated, "The U.S. breach of promises was expected by us. The U.S. tearing up recently signed documents indicates that its words are not trustworthy." (Xinhua News Agency)

Iran's Vice President: U.S. Breach of Promises Expected

On July 15, according to CME's 'FedWatch': The probability of the Federal Reserve keeping interest rates unchanged in July is 84.5%, while the probability of a cumulative increase of 25 basis points is 15.5%. The probability of the Fed maintaining rates unchanged until September is 42.2%, with a cumulative increase of 25 basis points at 50% and a cumulative increase of 50 basis points at 7.8%.

[Probability of Fed Keeping Rates Unchanged in July at 84.5%]On July 15, according to CME's 'FedWatch': The probability of the Federal Reserve keeping interest rates unchanged in July is 84.5%, while the probability of a cumulative increase of 25 basis points is 15.5%. The probability of the Fed maintaining rates unchanged until September is 42.2%, with a cumulative increase of 25 basis points at 50% and a cumulative increase of 50 basis points at 7.8%.

Probability of Fed Keeping Rates Unchanged in July at 84.5%

On July 15, local time July 14, the U.S. House of Representatives voted to pass a bill for the permanent implementation of daylight saving time and submitted the bill for Senate review. In May of this year, the House Energy and Commerce Committee approved the Sunshine Protection Act with a vote of 48 to 1, which aims to permanently eliminate the practice of adjusting the clocks twice a year in the United States, making daylight saving time year-round. (CCTV News)

[U.S. House Passes Bill for Permanent Daylight Saving Time]On July 15, local time July 14, the U.S. House of Representatives voted to pass a bill for the permanent implementation of daylight saving time and submitted the bill for Senate review. In May of this year, the House Energy and Commerce Committee approved the Sunshine Protection Act with a vote of 48 to 1, which aims to permanently eliminate the practice of adjusting the clocks twice a year in the United States, making daylight saving time year-round. (CCTV News)

U.S. House Passes Bill for Permanent Daylight Saving Time

On July 15, publicly listed Bitcoin mining companies CleanSpark, BitFuFu, and Canaan disclosed their operational data for June, revealing that all three companies experienced a decline in Bitcoin production compared to May. Specifically, CleanSpark produced 614 BTC in June, down from 671 BTC in May; BitFuFu produced 125 BTC, down from 177 BTC the previous month; and Canaan produced 64 BTC, down from 90 BTC in May. The report noted that the reasons for the production declines varied among the companies. CleanSpark's average operational hash rate fell from 46 EH/s to approximately 43 EH/s in June; BitFuFu's total hash rate decreased from 19.5 EH/s to 15 EH/s, primarily due to a drop in hosted hash rate, although its self-owned hash rate increased to 3.5 EH/s; Canaan attributed part of its production decline to maintenance on the power grid at some of its mining sites. It is noteworthy that these production declines occurred after Bitcoin mining difficulty was reduced by over 10% in mid-June, reaching a new low not seen since 2026.

[Despite Over 10% Decrease in Mining Difficulty, CleanSpark, BitFuFu, and Canaan Report Month-on-Month Decline in Bitcoin Production for June]On July 15, publicly listed Bitcoin mining companies CleanSpark, BitFuFu, and Canaan disclosed their operational data for June, revealing that all three companies experienced a decline in Bitcoin production compared to May. Specifically, CleanSpark produced 614 BTC in June, down from 671 BTC in May; BitFuFu produced 125 BTC, down from 177 BTC the previous month; and Canaan produced 64 BTC, down from 90 BTC in May. The report noted that the reasons for the production declines varied among the companies. CleanSpark's average operational hash rate fell from 46 EH/s to approximately 43 EH/s in June; BitFuFu's total hash rate decreased from 19.5 EH/s to 15 EH/s, primarily due to a drop in hosted hash rate, although its self-owned hash rate increased to 3.5 EH/s; Canaan attributed part of its production decline to maintenance on the power grid at some of its mining sites. It is noteworthy that these production declines occurred after Bitcoin mining difficulty was reduced by over 10% in mid-June, reaching a new low not seen since 2026.

Despite Over 10% Decrease in Mining Difficulty, CleanSpark, BitFuFu, and Canaan Report Month-on-Month Decline in Bitcoin Production for June

Ethereum founder Vitalik Buterin wrote a post exploring the different types of ZK-EVM and ZK-EVM-like projects, and the trade-offs between them. He describes a taxonomy of different "types" that are equivalent to multiple EVMs, along with the benefits and costs of trying to implement each type.
Vitalik Buterin concluded that personally, his hope is that everything becomes Type 1 over time, through a combination of improvements in ZK-EVMs and improvements to Ethereum itself to make it more ZK-SNARK-friendly. In such a future, we would have multiple ZK-EVM implementations which could be used both for ZK rollups and to verify the Ethereum chain itself. Theoretically, there is no need for Ethereum to standardize on a single ZK-EVM implementation for L1 use; different clients could use different proofs, so we continue to benefit from code redundancy. However, it is going to take quite some time until we get to such a future. In the meantime, we are going to see a lot of innovation in the different paths to scaling Ethereum and Ethereum-based ZK-rollups.

Detail

【Ethereum founder Vitalik Buterin posts discussing different types of ZK-EVM】Ethereum founder Vitalik Buterin wrote a post exploring the different types of ZK-EVM and ZK-EVM-like projects, and the trade-offs between them. He describes a taxonomy of different "types" that are equivalent to multiple EVMs, along with the benefits and costs of trying to implement each type.
Vitalik Buterin concluded that personally, his hope is that everything becomes Type 1 over time, through a combination of improvements in ZK-EVMs and improvements to Ethereum itself to make it more ZK-SNARK-friendly. In such a future, we would have multiple ZK-EVM implementations which could be used both for ZK rollups and to verify the Ethereum chain itself. Theoretically, there is no need for Ethereum to standardize on a single ZK-EVM implementation for L1 use; different clients could use different proofs, so we continue to benefit from code redundancy. However, it is going to take quite some time until we get to such a future. In the meantime, we are going to see a lot of innovation in the different paths to scaling Ethereum and Ethereum-based ZK-rollups.

Ethereum founder Vitalik Buterin posts discussing different types of ZK-EVM

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Ethereum founder Vitalik Buterin posts discussing different types of ZK-EVM

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