Summary of Important Developments at Noon on July 1

7:00 (UTC+8) - 12:00 (UTC+8) Keywords: DeFi, Pump, Polygon1. Total DeFi TVL across the network has reached a new low since February 2024;2. The US Securities and Exchange Commission is seeking public comment on innovative ETFs;3. Approximately $770 million in stablecoins raised by Pump.fun have been transferred to CEXs;4. There were 40 major security incidents in the crypto industry in June, resulting in losses of $75.87 million;5. Microsoft plans to announce layoffs next week, with layoffs to be less than 2.5% of its total workforce;6. The US Department of Commerce has lifted export controls on Claude Fable 5 and Mythos 5;7. Polygon founder: Over 107 million POL tokens have been burned this year, with the network officially entering a deflationary state.