1. Latest Speech by SEC Chairman: Clear Rules Will Be Established for the Issuance, Custody, and Trading of Crypto Assets

The transition of securities from off-chain systems to on-chain systems is akin to the shift in audio recording from analog vinyl records to tapes and then to digital software several decades ago. The ability to easily encode audio into digital file formats, which can be easily transmitted, modified, and stored, has brought tremendous innovation to the music industry. Audio has freed itself from the constraints of static, fixed-format creation. It has suddenly become compatible and interoperable across various devices and applications. It can be combined, split, and programmed to create entirely new products. This has also driven the development of new hardware devices and streaming content business models, greatly benefiting consumers and the U.S. economy. Click to read.

2. US stocks surged due to tariff relief, but US economic growth remains uncertain

The US stock market surged on Monday as the Trump administration indicated it would not impose massive tariffs on China, but the market and economic outlook remain uncertain. The stock market finally breathed a sigh of relief. After the Trump administration stated it would not impose massive tariffs on China, the US stock market rose sharply on Monday, but it's like celebrating a victory after not shooting oneself in the foot. Click to read.

3.MCP+AI Agent: A New Framework for Artificial Intelligence Applications

In the field of artificial intelligence, traditional chatbots often rely on generic dialogue models, lacking personalized character settings, which results in their responses often appearing monotonous and lacking in human touch. To address this issue, developers introduced the concept of "character setting," which gives AI specific roles, personalities, and tones to make its responses more aligned with users' expectations. However, even with rich "character settings," AI remains merely a passive responder, unable to proactively execute tasks or perform complex operations. Thus, the open-source project Auto-GPT was born. Auto-GPT allows developers to define a series of tools and functions for AI and register these tools into the system. When users make requests, Auto-GPT generates corresponding operational instructions based on preset rules and tools, automatically executing tasks and returning results. This approach transforms AI from a passive conversationalist into an active task-oriented AI. Click to read.

4. What problems has SocialFi encountered?

Before projects like Lens, Farcaster, and FriendTech truly brought SocialFi to the forefront, very few people would seriously consider building decentralized social networks or designing mechanisms to reward content creators. However, the incentive design and sustainability issues on these platforms are precisely at the core of their rise to fame and subsequent decline. Click to read

5. Why did the price of Bitcoin drop after Trump reached a US-China tariff agreement?

On May 12, the price of Bitcoin reached $105,720, hitting its highest point in over three months, but then failed to maintain its upward momentum. Notably, the price of Bitcoin dropped to $102,000, despite a temporary easing in the China-US tariff conflict. This left traders puzzled as to why Bitcoin reacted negatively to what seemed like positive developments. Click to read.