Wu Shuo Daily Selected Crypto News - The number of initial jobless claims in the United States for the week ending July 5 was 227,000, with an expected 235,000.

1. U.S. Initial Jobless Claims for the Week Ending July 5th: 227,000, Expected 235,000

U.S. initial jobless claims for the week ending July 5th were 227,000, with an expected figure of 235,000. The previous value was revised from 233,000 to 232,000.

2. Federal Reserve Releases Minutes of June Monetary Policy Meeting

The Federal Reserve released the minutes of its June monetary policy meeting, during which the Fed reviewed recent financial market and economic conditions. The meeting noted that although inflation has eased in recent months, it remains above the long-term target of 2%, and short-term inflation expectations are high. Participants believed that economic growth was robust, the unemployment rate remained low, and consumer and investment data were generally stable, but uncertainties in trade policy, geopolitical risks, and the potential impact of tariff increases still posed major risks.

3. Pumpfun Co-Founder Said in 2024: Every Presale is a Scam

Amidst a large-scale presale of Pumpfun tokens, comments made by Pumpfun Co-Founder Alon on March 31, 2024, have been widely circulated. He stated: Presales must conduct marketing to justify valuations, bringing tremendous pressure on performance. The only benefit of a presale is that it allows you to pocket the funds raised. Conclusion: Every presale is a scam.

4. Deputy Director of the National Institution for Finance & Development: RMB Stablecoin Development Model Can Be "Internally and Externally Integrated"

Yang Tao, Deputy Director of the National Institution for Finance & Development, suggested in an article that the development of RMB stablecoins should adopt a "domestic offshore + overseas offshore" linkage model, coordinating pilot explorations in the Shanghai Free Trade Zone and the Hong Kong market. The article points out that the current RMB stablecoin should be led by central supervision, build a wholesale and retail combination, on-chain issuance mechanism, and achieve "electronic fence" compliance through technical means. He also suggested establishing a dual-currency system of CNYC (domestic offshore RMB stablecoin) and CNHC (overseas offshore RMB stablecoin) to support cross-border payments, RWA settlement, and RMB internationalization, emphasizing that risk should be strictly controlled and the construction of a legal framework should be accelerated.

5. Greece Seizes Cryptocurrency for the First Time Related to "North Korea's $1.5 Billion Bybit Hack"

The Greek Anti-Money Laundering Authority executed its first cryptocurrency asset freeze order, seizing funds related to the $1.5 billion hack of the Bybit exchange in February. Greek authorities tracked a local Greek trading platform associated with the wallet involved through Chainalysis tools and froze the relevant assets. The Greek Minister of Economy and Finance stated that the action has helped victims recover approximately 10,000,000 euros ($11.70 million). Currently, Bybit official data shows that approximately $72.00 million (5% of the stolen $ETH) has been frozen, with $870.00 million still missing.