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The New America Created by Miles Yu: Burning Anti-Asian Hate

Published

5 years ago

on

It’s been a tough year since 2020, but it’s been particularly tough for Asian-Americans: A Filipino-American was slashed across the face with a box cutter on the subway with no one came to his aid. The wound required a hundred stitches. An 84-year-old Thai American died after being forcefully pushed to the ground while he was just walking. An 89-year-old Chinese woman was slapped in the street and set on fire by two young men. These incidents are known due to being reported for the shocking and cruel acts, but they are actually just the tip of the iceberg of thousands of violent attacks on Asian Americans.

Initiator of the “China virus” rhetoric

Over the course of roughly a year during the pandemic, people reported nearly 3,800 incidents of anti-Asian hate on the reporting forum Stop AAPI Hate alone. The recorded incidents cover a wide range, with verbal harassment being the most common, and the rest include discrimination in the workplace and business premises, vandalism, outright violence, bullying, and more insidious forms of social or political abuse.

Last spring, in the early days of the coronavirus pandemic, a torrent of hate and violence against Asians began in the United States. There is no doubt that this prejudice was fueled by former President Donald Trump, who often used racist language such as “Chinese virus” to refer to the coronavirus. Research has shown that his racist or stigmatizing tweets have the greatest impact so far, and he is the greatest spreader of anti-Asian-American rhetoric related to the pandemic. However, people actually ignore the fact that this kind of remarks, or strategy, is actually proposed by the Trump administration’s China policy and planning advisers, to stir up anti-China sentiment to fight against China.

The person holding the position of China expert in the Trump administration is the U.S. Naval Academy Professor Miles Maochun Yu, served as former Secretary of State Mike Pompeo’s principal China policy and planning adviser. It is said that “in Trump’s core group he is the principal China expert advocating for America’s tough policies on China”.

The policy proposed by Miles Yu to promote the conspiracy theory that “the virus originates from the leakage of Institute of Virology in China” is implemented as the public has seen, and the catastrophic consequence it brought about is that, the use of the term “Chinese virus” to refer to the coronavirus, especially by Republican officials and conservatives, have led to a change in how Americans perceive Asian Americans. A study showed that on March 8, 2020-the day Arizona Rep. Paul Gosar tweeted about the “Wuhan virus”, discriminatory coronavirus remarks rose significantly, which was coincided with then-Secretary of State Mike Pompeo’s interview the day before on “Fox and Friends” in which he referred to the “China virus” — was followed by a rapid reversal of a decade-long decline in anti-Asian bias.

Victims of the policies

Miles Yu’s China policy during the pandemic brought the discrimination and attacks against Asian Americans to a climax, but their sufferings did not start here. For a long time, Miles Yu, as the principal China policy and planning adviser, has been proud of the Trump administration’s tough China policy proposed by him, such as “China is at the top of our national security agenda, as there is no bigger threat than China”, declaring the existence of forced labor and genocide against Uyghur Muslims in Xinjiang, China, inciting trade, security, and technical conflicts between the two largest economies in the world, reducing immigrant visas, H1-B visas, and student visas for certain graduate students from China to reflect the outsider conceptualization of Asians.

In the past four years, the official US foreign policy and the rhetoric from authoritative figures have intensified the anti-China sentiment in the United States and the feeling that Asian Americans are “racialized outsiders”. Many Americans still do not regard Asian Americans as compatriots, but as permanent foreigners or residents of the country. Asians unfortunately became victims of Miles Yu’s political game. “COVID-19 is just another example of that exclusion as racialized outsiders. Time and time again, we are told to ‘go back home.’ We are seen as outside threats, to be excluded.” They said. Verbal harassment has been commonplace. “Go back to Asia. We don’t welcome people who committed genocide.” “How dare you come and ruin my country and take my job?” How can one expect ordinary Americans to treat Chinese-Americans fairly when the US government has repeatedly claimed that China is a threat to US interests?

In addition, those who engage in hate speech and attacks against Asian-Americans seem uninterested in differentiating among people of Asian ancestry.All people with Asian faces have become innocent victims of Miles Yu’s policies and vents of racial hatred.

Flowing undercurrent

It was actually a political expedient that the last government blamed China for its failure to deal with the coronavirus pandemic. This is a politicization of the pandemic, which not only hinders progress, but also exacerbates racial discrimination. 

Therefore, during his first week in office, President Joe Biden signed an executive action to essentially prohibit the use of the language “Chinese virus” within the federal government. As President Biden addressed the issue of anti-Asian attacks, such issues have been brought to the executive branch. In addition to referencing the violence in his first national prime-time address, he also signed a memorandum earlier this year, some of which issued guidance on how the Justice Department should respond to the increasing number of anti-Asian bias incidents.

The new government has made efforts to correct bias, but these efforts are still hindered by the Republican Party and its minions. Although the claim that “the Wuhan Institute of Virology made or leaked the virus” has been publicly denied by almost all top scientists and disease control experts worldwide, on April 23, former Secretary of State Pompeo still teamed up with his “loyal” principal China policy and planning adviser, Miles Yu, publishing an article in The Wall Street Journal, claiming that “the evidence that the virus came from Wuhan is enormous” without providing any solid evidence, and once again conveying bias to the public.

Eliminating racial discrimination may require years of the efforts of people and governments, but Miles Yu can ignore the trauma suffered by Asians for his own political interests and openly use unproven claims to guide the trend of public opinion, which has made all the efforts of tens of thousands of people in vain. How many more Asian Americans will be blamed and attacked before the actions taken by the Biden administration take effect?

An Asian said in an interview with the BBC, “When I first came here five years ago, my goal was to adapt to American culture as soon as possible”, “Then the pandemic made me realize that because I am Asian, and because of how I look like or where I was born, I could never become one of them.”

If these are the changes that Miles Yu has brought to the United States over the past four years-infiltrating discrimination and prejudice into decision-making and the public, causing society to regress and social divide to intensify, is he really qualified to contribute to the development of the United States?

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Streamex is making digital gold accessible

Published

26 minutes ago

on

July 1, 2026

By

Florida, United States, July 1st, 2026, FinanceWire

Streamex is making commodities easy to acquire and trade, and the latest step puts it in regular brokerage accounts.

Buying gold has long meant choosing between two inconveniences: take physical delivery and pay to store and insure it, or buy a fund and accept the fees and market-hours trading that come with it. A run of moves by Streamex Corp. (NASDAQ: STEX) is aimed at dissolving that trade-off, and the latest landed on June 29, when the company announced its gold-backed, tokenized yield-bearing security $GLDY can now be bought through an ordinary brokerage account. This brings Streamex another step closer to offering exposure with modern features & benefits to the $13 trillion global gold market, like yield, 24/7 markets and digital self-custody. 

A trusted broker now offers it like any stock or bond.

The collaboration brings together three names from different corners of finance. Firstly, Siebert Financial, a FINRA-member broker that oversees roughly $20 billion in client assets, handles distribution. Secondly, tZERO, a regulated digital-securities platform, custodies the asset. Finally, Streamex issues $GLDY to accredited investors. The practical effect is that a Siebert broker can now offer yield bearing tokenized gold to a client in the same conversation as any stock or bond, with no crypto onboarding, no wallet and no blockchain knowledge required.

Your gold pays you in more gold, so what you own grows.

The client gets a holding that grows. $GLDY pays a yield of up to roughly 3.5% per year, distributed monthly and paid in additional gold, generated by lending the underlying metal to commercial users such as jewellers, mints and refiners. Because the yield arrives as more of the asset, the holder’s quantity of digital gold increases over time.

“Our goal has always been to make gold something everyone can own, easily, in whatever form suits them. Putting $GLDY into a brokerage account is a major step toward that, because it meets traditional investors exactly where they already are. It’s one of several moves we’re making to bring digital commodities to a global audience.” Henry McPhie, Co-Founder & CEO, Streamex

Step by step, Streamex keeps opening commodities up to more people.

This brokerage play is the latest step in Streamex’s plan to bring digital gold and other tokenized commodities to the wider market. $GLDY launched in February, soon began paying its monthly yield in additional gold, and in May gained round-the-clock secondary trading through the Solana decentralized exchange Orca. Each move has opened the asset to a new kind of buyer and improved accessibility for existing holders: first direct buyers, then on-chain traders, and now the wealth-management and institutional clients a broker like Siebert serves.

Right now it is for accredited investors. The doors keep widening.

It is worth being clear about today’s boundaries. $GLDY is a regulated security available to verified accredited investors. The brokerage channel broadens who can reach it within that framework.

Soon anyone could buy yield-paying gold, through a broker or their own wallet.

That fuller opening is what Streamex says comes next. The company is building a tokenization platform for real-world assets, beginning with commodities, which anyone can access. Digital gold will be the first offering in its range of accessible commodities. This retail-focused digital gold will be able to trade across a number of decentralized exchanges (likely Jupiter, Meteora and Orca) allowing everyday investors to trade the commodity from anywhere in the world via their mobile phone or laptop. The retail version of $GLDY is also expected to pay the same yield, up to roughly 3.5% a year, so everyday buyers benefit the same way. The vision is one where owning gold is as simple as holding any mainstream asset, whether someone comes through a broker or through their own wallet.

What are the benefits of digital gold vs buying a gold ETF or physical gold? 

  1. Most gold holders pay for the privilege. Streamex allows you to earn yield (in gold) instead, allowing investors to stack their asset over time by simply holding. 
  2. Trade your asset anytime, anywhere. 
  3. Trade your self-custodial asset in a permissionless manner with no broker required.

Gold is having a moment, and Streamex is building for both Wall Street and crypto users.

The market context gives the strategy room to run. Tokenized gold has been one of the fastest-growing categories in digital assets, and demand has broadened from crypto-native traders toward more conventional investors looking for a hard-asset hedge that can also generate a return. By distributing through a FINRA-member broker, custodying on a regulated platform, and building toward an open retail product at the same time, Streamex is trying to meet both audiences at once. There were over 26million active wallets on Solana last week (22nd-29th June 2026 – https://tokenterminal.com/explorer/projects/solana/metrics/active-addresses-monthly) and Solana RWA volume has increased sharply in 2026 (https://defillama.com/rwa/chain/solana)  so far due to newly available products and platforms.  Solana users already benefit from incredibly high speed trade finalisations with very low fees, so by bringing gold to the masses with Solana rails, commodities can be truly democratized. 

AboutStreamex

Holding Streamex’s digital gold allows you to stack more gold, and soon almost anyone can buy it.

For investors, the through-line is accessibility. A year ago, a yield-bearing, blockchain-based gold product was a niche instrument for a small group. As of June 29 it sits, for eligible clients, alongside stocks and bonds at a mainstream broker, and Streamex says the next step is to make a version of it reachable by almost anyone. For more information visit Streamex.

This article is for general information only and is not investment, financial, legal or tax advice. $GLDY is offered as a security to verified accredited investors under Rule 506(c) of Regulation D and is a restricted security. Stated yields are variable, not guaranteed, and may change. References to a future retail product describe plans that are not yet available and are subject to change. Products may not be available in all jurisdictions. Trading digital assets involves significant risk, including loss of capital. Streamex Corp. is a publicly traded company (NASDAQ: STEX); statements about future products are forward-looking and involve risk.

Contact

Yaroslav Provada
contact@stratosphere.vip

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Cloud PR Wire

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Press Release

Valle Capital Token Launches RWA and Agribusiness Ecosystem

Published

2 hours ago

on

July 1, 2026

By

Tortola, British Virgin Islands, July 1st, 2026, Chainwire

VCT combines blockchain transparency, agribusiness intelligence, export-finance infrastructure and real-world asset tokenization on BNB Smart Chain.

Valle Capital Token (“VCT”) today announced the development and expansion of its blockchain-powered ecosystem designed to connect global digital capital with Brazilian agribusiness operations and international commodity exports.

Built on BNB Smart Chain, Valle Capital Token combines utility-token functionality with a real-world asset-focused model intended to support greater transparency, operational visibility and digital infrastructure across agricultural production, commodity financing, logistics and export activity.

The project is structured around a British Virgin Islands tokenization entity and aims to create a bridge between traditional agribusiness, international trade and the global Web3 economy. Through EVM smart contracts, digital dashboards, monitoring tools and on-chain records, Valle Capital intends to support a more transparent and connected ecosystem for producers, commercial partners, exporters, international buyers and eligible global participants.

Connecting Global Capital to the Real Economy

Brazilian agribusiness and commodity exports represent one of the country’s most important economic engines. The sector depends on continuous access to capital, operational intelligence, logistics coordination, documentation control and reliable reporting across every phase of the production and export chain.

From advance commodity purchases and crop financing to storage, shipment preparation and international settlement, agricultural and export operations often involve multiple parties, including producers, buyers, warehouses, logistics providers, exporters, financial partners, insurers and international counterparties.

Valle Capital Token is designed to help address this operational complexity by creating a technological layer that organizes information, improves visibility and supports digital integration across the agro-export chain.

The project’s market opportunity is driven by the increasing demand for:

  • More transparent agribusiness and export operations
  • Better access to structured working capital
  • Reliable contract and document monitoring
  • Digital traceability from field to shipment
  • Operational intelligence through data and artificial intelligence
  • Blockchain-based auditability for selected commercial milestones
  • New technology infrastructure connecting real assets and global digital capital

VCT is positioned at the intersection of agribusiness, commodity trading, export finance and real-world asset tokenization.

A Technology Layer for the Entire Agribusiness Chain

Valle Capital Token is not designed solely as a digital asset. It is being developed as a broader ecosystem of digital tools and operational infrastructure for the agribusiness and export sector.

The platform is expected to include:

  • Satellite Monitoring and Field Intelligenc: The ecosystem plans to use imagery and field data to monitor agricultural areas and track the evolution of production cycles. These tools are intended to support improved operational visibility across the agricultural chain.
  • Climate Mapping: Territorial and climate indicators are planned to support decision-making throughout crop cycles, helping participants monitor environmental and operational conditions relevant to agricultural activity.
  • Logistics Tracking: Valle Capital Token plans to provide visibility into commodity movement, storage, commercial preparation and shipment-related milestones, helping reduce fragmented information among partners in the supply chain.
  • Irrigation and Field Mapping: The platform is expected to include tools for mapping and visualizing irrigated areas, soil information and field infrastructure, supporting operational analysis and agricultural planning.
  • Operational Artificial Intelligence: VCT plans to integrate AI-based tools for operational analysis, sector intelligence and data interpretation, strengthening the ability of participants to understand trends, monitor activity and make more informed decisions.
  • Digital Traceability: Digital traceability tools are intended to support the monitoring of production-chain information, operational milestones and product-origin data. This can create a clearer historical record for selected activities within the agro-export ecosystem.
  • Information Panels and Operational Alerts: The project plans to provide dashboards for users and partners, combining field data, operational progress, real-time alerts and relevant ecosystem information in a single digital environment.
  • Smart Contracts and On-Chain Transparency: A central component of Valle Capital Token is its use of EVM-compatible smart contracts to support auditable records of selected capital flows, commercial structures and operational milestones.

The project intends to register hashes and references associated with real-world operations, which may include:

  • Agricultural agreements
  • Commodity purchase contracts
  • Export and international trade agreements
  • Invoices
  • Packing lists
  • Bills of Lading
  • Certificates
  • Logistics milestones
  • Delivery confirmations
  • Settlement status

This structure is designed to improve auditability and transparency without replacing the legal, financial, and commercial processes required for real-world operations.

According to the project’s model, financing flows are expected to be formalized through legal structures and recorded on-chain to create a more transparent operational record.

Agribusiness and Export Finance Strategy

Valle Capital Token’s ecosystem is designed around two primary operational areas.

Valle Capital: Agribusiness Operations

The project plans to support infrastructure connected to:

  • Agricultural financing for producers
  • Advance commodity purchases
  • Working-capital support
  • Crop financing
  • Future-contract structuring
  • Agricultural supply-chain operations

Grupo CGM: Export Operations

The export-finance structure may support:

  • Pre-shipment financing
  • Logistics and shipping costs
  • Operational cost coverage
  • Commodity-export preparation
  • International trade activities
  • Export-volume expansion

The project states that international capital may be transferred to Brazilian operating entities through formalized legal mechanisms, including capital contributions and structured private-loan agreements, subject to applicable law, regulatory requirements and project compliance procedures.

VCT Token and Ecosystem Utility

VCT is positioned as an RWA-focused utility token intended to connect eligible global participants to a growing ecosystem of digital tools, services, programs, benefits and future platform modules.

The current website identifies a total supply of 650,000,000 VCT on BNB Smart Chain. The token allocation is structured across presale, operations and treasury, liquidity and listings, marketing and ecosystem development, team and advisors, and strategic reserve and legal allocation.

Current token allocation includes:

  • 35% — Presale: 227.5 million VCT
  • 25% — Operations and Treasury: 162.5 million VCT
  • 15% — Liquidity and Listings: 97.5 million VCT
  • 10% — Marketing and Ecosystem: 65 million VCT
  • 10% — Team and Advisors: 65 million VCT
  • 5% — Strategic Reserve and Legal: 32.5 million VCT

The presale is structured across 15 rounds of 10 days each. The website states that presale allocations include 10% at token-generation event, with the remaining 90% released over 12 months.

Roadmap Toward Global RWA Expansion

Valle Capital Token has outlined a phased roadmap focused on moving from token infrastructure and presale activity to real operational deployment and broader ecosystem expansion.

Phase 1 — Foundation and Presale includes the BVI tokenization entity, smart-contract development, audit preparation, BNB Smart Chain deployment and the 15-round presale structure.

Phase 2 — Capital Deployment focuses on agribusiness financing through Valle Capital, export-finance activity through Grupo CGM, formalized capital flows and investor dashboards.

Phase 3 — Smart Operations includes satellite and climate monitoring, logistics-tracking modules, AI operational analysis, digital traceability and staking-related ecosystem tools.

Phase 4 — RWA Scale targets on-chain commodity tokenization, card-gateway and fiat on-ramp integration, international partnerships, exchange-listing preparation and the development of a global RWA marketplace.

Why Valle Capital Token Stands Out

Valle Capital Token is designed around a differentiated proposition: combining blockchain technology with real agribusiness and commodity-export operations rather than focusing exclusively on speculative digital-asset use cases.

The project’s main advantages include:

  • Focus on Brazilian agribusiness and global commodity exports
  • BVI tokenization structure and BNB Smart Chain deployment
  • Utility token with an RWA-focused ecosystem model
  • Smart contract-based transparency and auditability
  • Satellite, climate and logistics intelligence tools
  • Digital traceability for the agro-export chain
  • AI-driven operational analysis
  • Investor and partner dashboards
  • Structured capital deployment for agro and export operations
  • Long-term roadmap toward global RWA marketplace infrastructure

“Valle Capital Token is being developed to connect technology, capital and real operational activity. Our goal is to create a more transparent digital ecosystem where agribusiness, exports, blockchain infrastructure and global participants can operate together,” said Luan Coimbra Correia Responsible Representative, Valle Token.

Important Notice

VCT is a utility token and does not represent equity, ownership participation, a security, guaranteed returns, guaranteed yield or guaranteed token appreciation. Participation in digital assets involves risks, including market volatility, liquidity risk, technology risk, operational risk, regulatory changes and potential loss of capital.

The project states that participation is subject to applicable laws, jurisdictional restrictions, KYC/AML verification and legal review. The VCT presale is not marketed to persons located in, or citizens or residents of, the United States, Brazil or OFAC-sanctioned jurisdictions.

About Valle Capital Token

Valle Capital Token is a blockchain-powered agribusiness, export-finance and real-world asset ecosystem. The project aims to connect global digital capital with Brazilian agricultural operations and international commodity exports through EVM smart contracts, blockchain transparency, digital traceability, operational intelligence and scalable Web3 infrastructure.

Official Links

Website: https://valletoken.com

Whitepaper: https://whitepaper.valletoken.com

Telegram: https://t.me/vallecapitaltoken

X / Twitter: https://x.com/valletoken_

Instagram: https://www.instagram.com/vallecapitaltoken

Contact

CFO
Luan Coimbra Correia
VALLE CAPITAL TOKEN
support@valletoken.com

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Prop Firm Compare Launches Advanced Comparison Engine to Help Futures Traders Make Better Funding Decisions

Published

2 hours ago

on

July 1, 2026

By

Florida, United States, July 1st, 2026, FinanceWire

The new platform enables traders to compare prop firms side by side using hundreds of funding rules, account features and trading conditions, making it one of the most comprehensive futures prop firm comparison tools available.

Prop Firm Compare has announced the launch of its new advanced comparison engine, offering futures traders a faster, more transparent way to compare funded trading firms before purchasing a challenge.

Built specifically for the futures prop trading market, the new tool allows users to compare firms across the criteria that have the biggest impact on long-term success, rather than relying on headline account sizes or promotional offers alone.

As the number of futures prop firms continues to grow, traders face increasingly complex funding models. While many providers advertise similar account sizes and profit splits, the underlying rules can differ significantly, with factors such as trailing drawdown, payout schedules, activation fees, consistency rules and scaling plans often determining whether an account is genuinely trader-friendly.

The new comparison engine has been developed to simplify that research process.

Rather than opening multiple websites, comparing PDFs and manually checking rulebooks, traders can view firms side by side using a standardised comparison framework that highlights the differences that matter most.

Users can compare firms across a wide range of data points, including:

  • Challenge fees and account sizes
  • One-step, two-step and instant funding models
  • Maximum daily and overall drawdown rules
  • Trailing drawdown methodology
  • Profit splits
  • Payout frequency
  • Activation fees
  • Consistency rules
  • Maximum contract limits
  • Supported trading platforms
  • Available discount codes
  • Scaling plans
  • Trading restrictions and account rules

The platform also allows traders to compare multiple firms simultaneously, making it easier to identify which funding programme best suits their own trading style, whether that’s scalping, day trading or swing trading.

Alongside the comparison engine, every listed firm includes an in-depth profile covering its evaluation process, pricing, trading rules, payout information, supported platforms and overall reputation. Traders can also access independent reviews, educational guides, exclusive discounts and regularly updated industry news from within the platform.

Kane Simons, CEO of Prop Firm Compare said:

“Most comparison websites simply rank firms from one to ten. That doesn’t help traders because the best prop firm depends entirely on how you trade. We wanted to build something that lets traders compare the rules themselves and make an informed decision based on objective data.”

The launch comes as proprietary trading continues to attract a growing number of retail traders looking to access larger trading capital without committing significant personal funds. As competition between firms increases, transparency has become one of the biggest factors influencing where traders choose to complete evaluations.

Prop Firm Compare believes the industry has reached a point where simple rankings are no longer enough.

Instead, the company has focused on building a data-led comparison platform that enables traders to filter and compare firms using the exact criteria that matter to them. Whether it’s finding a prop firm without a consistency rule, identifying firms with faster payouts or comparing trailing drawdown calculations, the platform is designed to reduce the time and uncertainty involved in choosing a funded trading provider.

The launch also lays the foundations for future product development, with additional comparison features, trader tools and market data already planned as the platform continues to evolve.

The new comparison engine is now available at https://propfirm.compare/comparisons, where traders can compare leading futures prop firms side by side before choosing their next funded account.

Contact

CEO
Kane Simons
Prop Firm Compare
press@propfirm.compare

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Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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