The US Republican Party supports a number of crypto-friendly policies in its 2024 party platform
According to The Block, the Republican National Committee of the United States expressed support for a number of policy measures that are favorable to cryptocurrencies in its official party platform for the 2024 US election. According to the official document released by the campaign team of Republican presidential candidate Trump on Monday, the Republican Party platform vowed to end the "illegal and un-American crackdown" on the US crypto industry. In addition to opposing the creation of CBDC, the platform also promised to "defend the right to mine Bitcoin" and allow cryptocurrency holders to keep their tokens themselves. "We will defend the right to trade without government supervision and control," the document reads.
Grayscale Files Updated S-1 Filing for Its Ethereum Mini Trust
Grayscale filed an updated S-1 for its Ethereum Mini Trust, according to a public filing. Bloomberg analyst Eric Balchunas said the product’s fee rate was not disclosed in the filing.
Futu Securities is approved to provide virtual asset trading services to Hong Kong investors
According to Oriental Daily, the Type 1 regulated activities (securities trading) license of internet brokerage Futu Securities has been upgraded by the Hong Kong Securities Regulatory Commission, allowing it to provide virtual asset trading services to professional and retail investors in Hong Kong.
Futu launched a new "comprehensive account" function last Saturday (6th), allowing investors to trade investment products in multiple markets such as Hong Kong stocks, US stocks, A-share Connect, Japanese stocks, etc. through one account. It also announced that Singapore stocks, Australian stocks, Canadian stocks, etc. will be launched one after another, but the specific timetable has not yet been disclosed.
Cboe has filed Form 19b-4 with the US SEC for VanEck and 21Shares’ Solana ETF
According to The Block, Cboe BZX has submitted the Solana ETF's 19b-4 form to the US SEC on behalf of VanEck and 21Shares. VanEck submitted the Solana ETF registration statement at the end of June, followed by 21Shares. Nate Geraci, president of The ETF Store, commented that once the SEC confirms the documents, the decision clock will start "ticking."
21Shares has submitted a revised S-1 form for its Ethereum spot ETF to the US SEC
According to The Block, 21Shares submitted a revised Ethereum spot ETF S-1 form to the US SEC. So far, six US Ethereum spot ETF applicants have submitted S-1 document updates, including Fidelity, VanEck, Franklin, 21Shares, Grayscale and BlackRock.
VANECK has submitted an updated version of its spot Ethereum ETF S-1 application to the US SEC
According to the official website of the US SEC, VANECK has submitted an updated version of its spot Ethereum ETF S-1 application to the US SEC.
EOS Network Foundation has launched a 250 million EOS staking reward program
EOS Network Foundation has launched a 250 million EOS staking reward plan. X platform announced that it has launched a 250 million EOS staking reward plan, and a new era of EOS staking has arrived. The features of the new staking reward plan are: 250 million EOS rewards, early staking can increase APY, and the lock-up period is 21 days.
DeBank has opened the initial DeBank XP airdrop claim, which will last for one month
According to official news, DeBank announced that the DeBank XP snapshot was taken at 8:00 am on July 4th, Beijing time, and all active addresses have the opportunity to receive the initial XP airdrop. DeBank has distributed XP to addresses holding assets greater than 0 and meeting any of the following conditions: 1. Active on the chain in 2024 (initiated at least one transaction); 2. Active on DeBank in 2024.
Each address's initial XP will be determined by its on-chain assets, credit, and Web3 social ranking on DeBank. The XP claiming page is already available on DeBank, and the claiming will last for a month. Stay active on the chain and participate in DeBank activities to continue to earn more XP.
ZKM will launch a Bitcoin Layer 2 solution called GOAT Network in the third quarter
According to The Block, ZKM, an interoperability protocol incubated by Metis DAO, has announced plans to launch a Bitcoin Layer 2 solution called GOAT Network later in the third quarter. The solution will be the first decentralized Bitcoin Layer 2, sharing network ownership. Unlike other Bitcoin Layer 2s, whose networks and revenues are controlled by project teams or foundations, GOAT Network said it will be launched using a decentralized sorter model, where sorter node operators can earn income through Bitcoin while helping to ensure network security, as well as activity fees including block production, transaction sorting, and maximum extractable value (MEV) opportunities.
DigitalX to launch Bitcoin ETF on Australia's main board
According to Bloomberg, DigitalX Ltd. will launch a Bitcoin exchange-traded fund (ETF) on the Australian main board market, becoming the second such product to be approved by the ASX. The DigitalX Bitcoin ETF will be listed on July 12 under the code BTXX. The fund was established by DigitalX in partnership with K2 Asset Management and 3iQ. DigitalX's listing comes on the heels of VanEck's Bitcoin ETF being approved by the ASX last month. Sydney fund management company BetaShares Holdings Pty has also applied to launch a Bitcoin and Ethereum ETF on the ASX.
Coinbase International Launches Perpetual Futures Trading for Blast, LayerZero, and ZKsync
Coinbase International Exchange announced that it will start supporting perpetual futures trading for Blast, LayerZero, and ZKsync at or after 17:30 Beijing Time on July 11, 2024. These new markets will be available on Coinbase International Exchange and Coinbase Advanced platforms, with the corresponding trading pairs being BLAST-PERP, ZRO-PERP, and ZK-PERP.
Artificial intelligence startup Hebbia completes $130 million financing, led by a16z
According to Bloomberg, artificial intelligence startup Hebbia has completed $130 million in financing, led by a16z, with participation from Index Ventures, Google Ventures and billionaire Peter Thiel. The New York-based company is currently valued at approximately $700 million, according to a person familiar with the matter. Hebbia plans to use the new funds for research and to hire more software engineers. Founded in 2020, Hebbia uses artificial intelligence technology to help companies screen various documents to answer complex questions. Its clients include the U.S. Air Force, asset management companies and legal services companies.
Exchange returns $163 million worth of Bitcoin to German government
According to Arkham Intelligence data, as of 4:15 am Beijing time today, the German government address has received 2,898 bitcoins returned by exchanges, worth about $163 million, mainly from Coinbase, Kraken and Bitstamp. Steven Zheng, head of research at The Block, said that the exchanges are likely to return the bitcoins because they cannot sell them within the target price range. Data shows that the German government currently holds 27,461 bitcoins, worth about $1.56 billion.
The German government may have sold 12,366 Bitcoins worth more than $700 million in the past 24 hours
According to Lookonchain statistics, the German government has transferred 16,039 bitcoins (worth $915.3 million) and received 3,673 bitcoins (worth $206.5 million) in the past 24 hours. It is speculated that the German government may have sold 12,366 bitcoins (worth $708.8 million) and currently holds 27,461 bitcoins (worth $1.55 billion).
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