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Written by: Luke, Mars Finance
Original Title: Trump's Mobile Mystery: A Replica of the "Freedom Phone" Scam, or Imitating Solana's Wealth Code?
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When a mobile phone is no longer just a communication tool, but is forged into a ticket to the "parallel universe," the rules of the game have quietly changed. Donald Trump Jr. and Eric Trump chose to publicly launch the "Trump Mobile" at the ten-year mark since their father began his presidential campaign, and this act itself is a meticulously orchestrated political drama. This is not just a hardware product or a telecommunications service; it is a declaration, a digital totem attempting to bind specific ideologies, communities, and business models together.
However, beneath the clamorous press conference and the loud slogan of "Made in America", a deeper question emerges: Is this truly a serious technological and business innovation?

Eric Trump, the second son of Donald Trump, denied that he will take a position at the new TRON Inc. company. TRON is expected to inject $210 million in tokens through a reverse merger with SRM Entertainment. Meanwhile, JPMorgan has applied for a new trademark JPMD, which involves blockchain asset trading.

Author | Guo Fangxin, Sha Jun
Original Title: A Comprehensive Interpretation of the Web3 Lawyer's "Stablecoin Regulations": From Regulatory Framework to Market Significance, How is Hong Kong Actually Doing It?
2025 can be described as the first year of stablecoins. On 21 May, Hong Kong completed the second and third readings of the Stablecoin Bill, which was formally passed by the Legislative Council, and then promulgated the Stablecoin Ordinance (hereinafter referred to as the "Ordinance") on 29 May 2025 and announced that it will come into effect on 1 August. The incident sparked a craze inside and outside the circle, and the crypto salad also received a lot of related inquiries. We found that there is a general concern about what practical benefits this bill will bring and what impact it will have on the Web3 community. I also hope to understand whether it is necessary for me, as a participant in the upstream and downstream of the industrial chain, to devote myself to the construction of stablecoins, and from what angles I should try to cut in; If you intend to issue compliant stablecoins as a licensed institution, you should

Author: Nicole Goodkind ( Nicole Goodkind ); Translated by: Barrons 巴伦
Original Title: The Israel-Hamas War Intensifies Inflation Risks, Federal Reserve Closely Monitors the Situation
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The escalation of the situation in the Middle East is driving up oil markets and inflation expectations, making it increasingly difficult for the Federal Reserve to balance its two main goals of price stability and full employment, especially as officials prepare for next week's meeting.

Trump Media Technology Group filed a Bitcoin investment application with the SEC, and Trump's first financial report shows an income of 57 million through the family's encryption company. Fidelity submitted a registration for a Solana Spot ETF, and a certain institution has increased the position in ETH while holding a large amount of funds. The trademark application may hint at Trump's entry into the mobile phone market. The net inflow of Bitcoin ETF is 301 million, while the ETH Spot ETF has seen a net outflow of 2.176 million. Iran plans to strike U.S. military bases, and the Israeli military has attacked 720 Iranian military facilities.

On Friday local time, Trump Media & Technology Group (stock code DJT) announced that its submitted S-3 registration statement has been approved and is effective by the SEC.
This means that the equity and convertible note agreements previously reached by the company with about 50 investors have officially entered the execution phase, with a total financing amount of approximately $2.3 billion. Most of this funding—according to previously disclosed plans—will be used to purchase Bitcoin, making it the second publicly listed company after Strategy to adopt Bitcoin as a core asset reserve.
At the same time, financial documents from the U.S. Office of Government Ethics obtained by the New York Post show that Trump personally profited from the family-associated cryptocurrency platform World Liberty last year.