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On June 1, the user base of OpenAI's Codex tool officially surpassed 5 million. To celebrate this milestone, Thibault Sottiaux (Tibo), the head of the OpenAI Codex team, announced on social platform X that all paid ChatGPT subscribers have had their usage limits fully reset, with both weekly and hourly quotas restored to 100%. He encouraged developers to create incredible things with Tokens today and to enjoy the experience.

[OpenAI Codex Surpasses 5 Million Users, Usage Limits Fully Reset]On June 1, the user base of OpenAI's Codex tool officially surpassed 5 million. To celebrate this milestone, Thibault Sottiaux (Tibo), the head of the OpenAI Codex team, announced on social platform X that all paid ChatGPT subscribers have had their usage limits fully reset, with both weekly and hourly quotas restored to 100%. He encouraged developers to create incredible things with Tokens today and to enjoy the experience.

OpenAI Codex Surpasses 5 Million Users, Usage Limits Fully Reset

On June 1, Circle's L1 blockchain Arc tweeted that Aave V4 is exploring integration with the Arc network to bring cutting-edge liquidity protocol infrastructure into the Arc ecosystem. If this collaboration materializes, developers will be able to utilize familiar on-chain lending infrastructure to implement stablecoin-native lending processes on Arc, supporting Arc's native assets, including USDC, EURC, and cirBTC.

[Aave V4 Explores Integration with Arc Network]On June 1, Circle's L1 blockchain Arc tweeted that Aave V4 is exploring integration with the Arc network to bring cutting-edge liquidity protocol infrastructure into the Arc ecosystem. If this collaboration materializes, developers will be able to utilize familiar on-chain lending infrastructure to implement stablecoin-native lending processes on Arc, supporting Arc's native assets, including USDC, EURC, and cirBTC.

Aave V4 Explores Integration with Arc Network

On June 1, trade.xyz founder @sershokunin confirmed on platform X that the Trump concept stock IBM will be launched. Recently, IBM's stock surge has sparked heated discussions in the community. In December last year, Trump praised IBM CEO Arvind Krishna during a roundtable meeting at the White House, stating that IBM's stock price had risen from a low point to a decent level, predicting that "it will rise even more." On May 21 of this year, IBM received a $1 billion grant from the U.S. Department of Commerce for its CHIPS Act quantum chip factory, which positively impacted its stock price, leading to a consecutive week of increases, with a rise of approximately 17.7%, nearing historical highs.

[Founder of trade.xyz Confirms Launch of Trump Concept Stock IBM]On June 1, trade.xyz founder @sershokunin confirmed on platform X that the Trump concept stock IBM will be launched. Recently, IBM's stock surge has sparked heated discussions in the community. In December last year, Trump praised IBM CEO Arvind Krishna during a roundtable meeting at the White House, stating that IBM's stock price had risen from a low point to a decent level, predicting that "it will rise even more." On May 21 of this year, IBM received a $1 billion grant from the U.S. Department of Commerce for its CHIPS Act quantum chip factory, which positively impacted its stock price, leading to a consecutive week of increases, with a rise of approximately 17.7%, nearing historical highs.

Founder of trade.xyz Confirms Launch of Trump Concept Stock IBM

On June 1, trade.xyz founder @sershokunin posted on platform X confirming the upcoming launch of the Trump concept stock IBM. Recently, IBM's stock surge has sparked heated discussions in the community. In December last year, Trump praised IBM CEO Arvind Krishna during a roundtable meeting at the White House, stating that IBM's stock price had risen from a low point to a decent level and predicted that "it will rise even more." On May 21 of this year, IBM received a $1 billion grant from the U.S. Department of Commerce for its CHIPS Act quantum chip factory. As a result of this positive news, IBM's stock price rose for a consecutive week, increasing by approximately 17.7%, nearing its historical high.

[Founder of trade.xyz Confirms Launch of Trump Concept Stock IBM]On June 1, trade.xyz founder @sershokunin posted on platform X confirming the upcoming launch of the Trump concept stock IBM. Recently, IBM's stock surge has sparked heated discussions in the community. In December last year, Trump praised IBM CEO Arvind Krishna during a roundtable meeting at the White House, stating that IBM's stock price had risen from a low point to a decent level and predicted that "it will rise even more." On May 21 of this year, IBM received a $1 billion grant from the U.S. Department of Commerce for its CHIPS Act quantum chip factory. As a result of this positive news, IBM's stock price rose for a consecutive week, increasing by approximately 17.7%, nearing its historical high.

On June 1, over the weekend, U.S. tech stocks, particularly in the AI-related semiconductor and memory sectors, continued to spark market discussions. SK Hynix and Micron Technology (MU) joined the trillion-dollar market cap club last Tuesday and Wednesday, becoming 'new players' in the AI memory chip field alongside Samsung Electronics. This milestone is directly attributed to the explosive demand for high-bandwidth memory (HBM), DRAM, and NAND flash driven by AI computing power — the construction of AI data centers is causing a severe global shortage of memory chips, with Micron confirming that its entire HBM capacity for 2026 is sold out, significantly enhancing its pricing power. On Trade.xyz, Micron (MU) and SK Hynix experienced a slight upward trend, breaking the $1000 mark this morning, with a 24-hour increase of 3.27%. SK Hynix also showed a steady rise over the weekend, and after a slight dip post-opening in the Korean stock market, it rebounded with a 24-hour increase of 0.68%. Investment banks like Goldman Sachs have raised their earnings forecasts for SK Hynix and Samsung, expecting significant profit growth from 2026 to 2028 due to demand for AI training, inference, and agent systems far exceeding supply. The memory sector is overall hot, with products like the Roundhill Memory ETF (DRAM) gaining attention for their concentrated holdings in Micron, SK Hynix, and Samsung, being viewed by investors as a 'golden ticket' for AI infrastructure. However, the market also warns of the traditional 'boom-bust' cycle risks in the memory industry, with some analysts cautioning that current gains have reached high levels. In after-hours trading, U.S. stock futures rose slightly, dominated by optimistic AI sentiment. Nasdaq 100 futures rose about 0.45%, S&P 500 futures increased approximately 0.23%-0.24%, and Dow futures edged up around 0.1%, indicating that tech stocks are likely to maintain their strength at Monday's opening. On social media, Micron's breakthrough of the $1000 mark has sparked heated discussions, with the memory leader becoming a focal point for funds, and related Korean stocks also hitting new highs. Overall, the AI super cycle continues, with the semiconductor sector, especially AI memory/storage, still attracting capital in the short term, but investors need to pay attention to macro data (such as the upcoming employment report) and potential correction risks.

[TradFi Pre-Market Focus: Micron (MU) Surpasses $1000 Mark, Goldman Raises Earnings Forecasts for SK Hynix and Samsung, AI Super Cycle Continues]On June 1, over the weekend, U.S. tech stocks, particularly in the AI-related semiconductor and memory sectors, continued to spark market discussions. SK Hynix and Micron Technology (MU) joined the trillion-dollar market cap club last Tuesday and Wednesday, becoming 'new players' in the AI memory chip field alongside Samsung Electronics. This milestone is directly attributed to the explosive demand for high-bandwidth memory (HBM), DRAM, and NAND flash driven by AI computing power — the construction of AI data centers is causing a severe global shortage of memory chips, with Micron confirming that its entire HBM capacity for 2026 is sold out, significantly enhancing its pricing power. On Trade.xyz, Micron (MU) and SK Hynix experienced a slight upward trend, breaking the $1000 mark this morning, with a 24-hour increase of 3.27%. SK Hynix also showed a steady rise over the weekend, and after a slight dip post-opening in the Korean stock market, it rebounded with a 24-hour increase of 0.68%. Investment banks like Goldman Sachs have raised their earnings forecasts for SK Hynix and Samsung, expecting significant profit growth from 2026 to 2028 due to demand for AI training, inference, and agent systems far exceeding supply. The memory sector is overall hot, with products like the Roundhill Memory ETF (DRAM) gaining attention for their concentrated holdings in Micron, SK Hynix, and Samsung, being viewed by investors as a 'golden ticket' for AI infrastructure. However, the market also warns of the traditional 'boom-bust' cycle risks in the memory industry, with some analysts cautioning that current gains have reached high levels. In after-hours trading, U.S. stock futures rose slightly, dominated by optimistic AI sentiment. Nasdaq 100 futures rose about 0.45%, S&P 500 futures increased approximately 0.23%-0.24%, and Dow futures edged up around 0.1%, indicating that tech stocks are likely to maintain their strength at Monday's opening. On social media, Micron's breakthrough of the $1000 mark has sparked heated discussions, with the memory leader becoming a focal point for funds, and related Korean stocks also hitting new highs. Overall, the AI super cycle continues, with the semiconductor sector, especially AI memory/storage, still attracting capital in the short term, but investors need to pay attention to macro data (such as the upcoming employment report) and potential correction risks.

TradFi Pre-Market Focus: Micron (MU) Surpasses $1000 Mark, Goldman Raises Earnings Forecasts for SK Hynix and Samsung, AI Super Cycle Continues

On June 1, the State Council of China issued the "Regulations on Foreign Investment," which states in Article 27 that if investors fail to comply with the procedures for filing foreign investment applications, or apply for relevant filings by submitting false materials or concealing true information, the filing authority shall order corrections, confiscate illegal gains, and impose fines ranging from 0.1% to 0.5% of the investment amount. If corrections are not made, the authority will order the cessation of the investment activities, require the disposal of shares or assets within a specified period, and impose fines ranging from 0.5% to 1% of the investment amount. Directly responsible supervisors and other personnel will face fines between 20,000 and 50,000 yuan. If investors obtain foreign investment filings through bribery, deception, or other improper means, the filing authority will revoke the filing documents, confiscate illegal gains, and impose fines ranging from 0.1% to 0.5% of the investment amount. For investments already made, the authority will order the cessation of the investment activities, require the disposal of shares or assets within a specified period, and impose fines ranging from 0.5% to 1% of the investment amount. Directly responsible supervisors and other personnel will face fines between 20,000 and 50,000 yuan.

[New Regulations on Foreign Investment by China's State Council]On June 1, the State Council of China issued the "Regulations on Foreign Investment," which states in Article 27 that if investors fail to comply with the procedures for filing foreign investment applications, or apply for relevant filings by submitting false materials or concealing true information, the filing authority shall order corrections, confiscate illegal gains, and impose fines ranging from 0.1% to 0.5% of the investment amount. If corrections are not made, the authority will order the cessation of the investment activities, require the disposal of shares or assets within a specified period, and impose fines ranging from 0.5% to 1% of the investment amount. Directly responsible supervisors and other personnel will face fines between 20,000 and 50,000 yuan. If investors obtain foreign investment filings through bribery, deception, or other improper means, the filing authority will revoke the filing documents, confiscate illegal gains, and impose fines ranging from 0.1% to 0.5% of the investment amount. For investments already made, the authority will order the cessation of the investment activities, require the disposal of shares or assets within a specified period, and impose fines ranging from 0.5% to 1% of the investment amount. Directly responsible supervisors and other personnel will face fines between 20,000 and 50,000 yuan.

New Regulations on Foreign Investment by China's State Council

On June 1, Goldman Sachs Group stated that oil prices are facing dual risks due to the competition between weak demand and supply losses in the Middle East caused by the Iran conflict. Analysts, including Daan Struyven, noted in a report on May 31 that oil sales data from Western Europe in April indicate a downward risk of about 2 million barrels per day to the bank's already low demand forecast for April. This adds approximately $10 per barrel of downside risk to its prediction of $90 per barrel for Brent crude in the fourth quarter. Goldman Sachs analysts stated, 'We believe that the supply losses in the Middle East may persist longer, posing significant upside price risks, but weak demand also brings substantial downside price risks. Actual end-user oil demand may decline more than expected due to rising prices.' (Jinshi)

[Goldman Sachs: Oil Prices Face Dual Risks from Weak Demand and Middle East Supply Losses]On June 1, Goldman Sachs Group stated that oil prices are facing dual risks due to the competition between weak demand and supply losses in the Middle East caused by the Iran conflict. Analysts, including Daan Struyven, noted in a report on May 31 that oil sales data from Western Europe in April indicate a downward risk of about 2 million barrels per day to the bank's already low demand forecast for April. This adds approximately $10 per barrel of downside risk to its prediction of $90 per barrel for Brent crude in the fourth quarter. Goldman Sachs analysts stated, 'We believe that the supply losses in the Middle East may persist longer, posing significant upside price risks, but weak demand also brings substantial downside price risks. Actual end-user oil demand may decline more than expected due to rising prices.' (Jinshi)

Goldman Sachs: Oil Prices Face Dual Risks from Weak Demand and Middle East Supply Losses

On June 1, the State Council of China issued the 'Regulations on Foreign Investment', which will take effect on July 1, 2026. China supports investors in conducting foreign investment activities based on market principles and actively participating in international cooperation and competition. Investors have the autonomy to make decisions regarding foreign investments, bear risks, and assume profits and losses. When conducting foreign investments and related activities, investors must comply with laws and regulations, international practices, respect local customs and cultural traditions, adhere to business ethics, act with honesty and integrity, engage in fair competition, fulfill social responsibilities, maintain the national image, and must not disrupt market competition order, harm the ecological environment, infringe upon the legitimate rights and interests of workers, jeopardize national security, or harm national interests and public social interests.

[Regulations on Foreign Investment Issued by the State Council of China]On June 1, the State Council of China issued the 'Regulations on Foreign Investment', which will take effect on July 1, 2026. China supports investors in conducting foreign investment activities based on market principles and actively participating in international cooperation and competition. Investors have the autonomy to make decisions regarding foreign investments, bear risks, and assume profits and losses. When conducting foreign investments and related activities, investors must comply with laws and regulations, international practices, respect local customs and cultural traditions, adhere to business ethics, act with honesty and integrity, engage in fair competition, fulfill social responsibilities, maintain the national image, and must not disrupt market competition order, harm the ecological environment, infringe upon the legitimate rights and interests of workers, jeopardize national security, or harm national interests and public social interests.

Regulations on Foreign Investment Issued by the State Council of China

On June 1, DeFi protocol Fluid tweeted that it has identified and controlled a vulnerability in its off-chain Merkle reward distribution infrastructure. The official core protocol and smart contracts remain unaffected, and user funds are not at risk. The affected contracts do not belong to the core protocol infrastructure and are used solely for reward distribution, with a minimal contract balance. The team is currently investigating the incident and will release a detailed post-incident report as soon as possible.

[Fluid Identifies and Controls Vulnerability in Off-Chain Merkle Reward Distribution Infrastructure]On June 1, DeFi protocol Fluid tweeted that it has identified and controlled a vulnerability in its off-chain Merkle reward distribution infrastructure. The official core protocol and smart contracts remain unaffected, and user funds are not at risk. The affected contracts do not belong to the core protocol infrastructure and are used solely for reward distribution, with a minimal contract balance. The team is currently investigating the incident and will release a detailed post-incident report as soon as possible.

Fluid Identifies and Controls Vulnerability in Off-Chain Merkle Reward Distribution Infrastructure

According to Lifesly, 3tone Music Group announced today that it has raised a new $50 million investment from the Carlton James Group – an existing backer of the UK music business.
3tone describes itself as a “talent-focused music and media company”, and is best known as an indie distributor and artist/label services company.
Headquartered in Bristol, UK, the company offers unlimited digital distribution to independent artists to multiple streaming platforms for a single annual fee – making it a rival to the likes of TuneCore and DistroKid.
In addition (for more expensive annual fees), 3tone offers artists premium services such as marketing, promotion, synchronization and playlist pitching.
3tone said today (September 6) that the new $50 million investment will fund further expansion of its distribution platform, while strengthening the company’s position across the “Web3 and media markets”.

Detail

【UK-based 3tone Music Group raises $50 million from Carlton James Group】According to Lifesly, 3tone Music Group announced today that it has raised a new $50 million investment from the Carlton James Group – an existing backer of the UK music business.
3tone describes itself as a “talent-focused music and media company”, and is best known as an indie distributor and artist/label services company.
Headquartered in Bristol, UK, the company offers unlimited digital distribution to independent artists to multiple streaming platforms for a single annual fee – making it a rival to the likes of TuneCore and DistroKid.
In addition (for more expensive annual fees), 3tone offers artists premium services such as marketing, promotion, synchronization and playlist pitching.
3tone said today (September 6) that the new $50 million investment will fund further expansion of its distribution platform, while strengthening the company’s position across the “Web3 and media markets”.

UK-based 3tone Music Group raises $50 million from Carlton James Group

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Article

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UK-based 3tone Music Group raises $50 million from Carlton James Group

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