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Core Summary Japan’s National Business Corporate Pension Fund plans to allocate approximately 1% of its assets to cryptocurrency, according to Coinpost. This marks the first time a major Japanese institutional investor has explicitly committed to including digital assets in its portfolio, signaling a significant shift in Asian institutional attitudes toward crypto. Event Details The Block, citing Coinpost, reports that the pension fund’s crypto allocation plan has entered substantive stages. While 1% may appear conservative, given the massive scale of Japan’s pension system, this decision carries milestone significance. ...

Core Summary China has formally imposed export restrictions on dozens of US companies linked to the Pentagon, in a direct retaliatory move against American sanctions. The escalation marks a new chapter in the intensifying tech and trade rivalry between the two superpowers, with rare earth minerals and defense supply chains at the center of the dispute. Event Details According to the Wall Street Journal, China’s Commerce Ministry announced export control measures targeting US firms with ties to the Department of Defense. The move comes as a direct response to Washington’s blacklisting of Chinese companies. ...

[Brief] Evonik Plans 3,200 Global Layoffs; TSMC Cuts 28nm Capacity German chemical company Evonik announced it will extend and expand its global restructuring plan affecting approximately 3,200 employees, responding to continued weakness in chemical markets. Meanwhile, TSMC has cut capacity at its mature 28nm process node by approximately 25% from the start of the year, reflecting soft demand for consumer electronics and automotive chips. Both developments point to a new cyclical adjustment pressure facing global manufacturing. ...

Core Summary The first round of high-level Iran-US talks has concluded in Geneva, Switzerland. Iran’s Foreign Ministry announced that both sides have reached an agreement document, with Qatar and Pakistan as mediating parties releasing a joint statement confirming the negotiation outcomes. However, the process was not smooth — Iran’s delegation temporarily refused to continue talks in protest of US threatening remarks, before returning to the table through mediators’ intervention. Event Details According to Sina International News, the first round of high-level Iran-US talks officially concluded on June 22 in Switzerland. Iran’s Foreign Ministry issued a statement after the talks announcing that an agreement document had been reached. Iran’s Foreign Minister noted “significant progress” on ending the Lebanon conflict. ...

Core Summary Ethereum’s most prominent sandwich attack bot, Jaredfromsubway.eth, fell victim to an ironic reverse exploit. Security firm Blockaid disclosed that an attacker tricked the bot into approving fake trading routes, then used those approvals to drain approximately $7.5 million in WETH, USDC, and USDT tokens. Event Details According to CoinDesk, Blockaid’s security research team discovered that an attacker designed deceptive trading route contracts that induced the Jaredfromsubway.eth bot to interact with them and grant token transfer approvals. Once authorized, the attacker swiftly transferred all WETH, USDC, and USDT tokens from the bot’s wallet. The incident is seen as a classic case of “the hunter becomes the hunted” in decentralized finance. ...

Core Summary US Vice President JD Vance has arrived in Geneva, Switzerland, to personally lead the American delegation in nuclear negotiations with Iran. This marks the highest-level US representation in direct talks with Tehran since the conflict began, signaling Washington’s strong commitment to a diplomatic resolution. However, as negotiations are set to commence, Israeli strikes on Lebanon have killed dozens, and Iran has again announced the closure of the Strait of Hormuz, adding significant complexity to an already challenging diplomatic landscape. ...

Core Summary Claude Guillemot, co-founder of global gaming publisher Ubisoft, was killed in a small plane crash in France. The accident claimed two lives. Guillemot was one of the five Guillemot family brothers who founded Ubisoft in 1986, growing it from a small French game distributor into the world’s third-largest independent game developer and publisher, behind iconic franchises such as Assassin’s Creed, Far Cry, and Rainbow Six. Event Details According to multiple international media reports, the accident occurred at a small airfield in France. The small aircraft Guillemot was aboard suffered a catastrophic failure during takeoff or landing, and both occupants were killed. Local authorities and aviation safety investigators are on scene; the exact cause remains under investigation. ...

Core Summary British media reports indicate that Prime Minister Keir Starmer is ready to step down from his position. However, sources close to the Prime Minister have quickly denied these reports, insisting that Starmer “remains focused on his work.” The contradictory messages have sparked intense speculation across UK politics and reflect the complex dynamics within the Labour Party. Event Details According to reports carried by CNBC and other outlets, sources have indicated that Starmer has expressed to close associates his readiness to resign. The reports suggest that amid a series of political challenges and declining poll numbers, the Prime Minister has grown weary of the pressures of office. ...

Core Summary Iran has formally announced the closure of the Strait of Hormuz, stating that Israel’s continued military operations in Lebanon constitute a breach of the ceasefire agreement. The move comes at a critical moment, with US-Iran peace talks scheduled to begin in Switzerland on Sunday. The strait carries roughly twenty percent of the world’s daily oil shipments, making its closure a significant threat to global energy stability. Event Details Multiple international media outlets report that the Iranian government issued a statement declaring that Israel’s continued strikes on targets within Lebanon represent a serious violation of the agreement reached between Tehran and Washington to end the conflict. In response, Iran has decided to close the strategically vital Strait of Hormuz once again. ...

A federal judge blocked the Kennedy Center’s two-year closure plan, but the center says the ruling does not require it to reschedule cancelled performances.