[Golden Noon Report | Overview of important developments at noon on July 25] 7:00-12:00 Keywords: Layer3, LayerZero, onchain, Biden 1. Layer3 has launched the airdrop query page; 2. "The third-in-command of the Federal Reserve": The Federal Reserve should cut interest rates immediately; 3. LayerZero has completed the distribution of witch bounty hunter rewards; 4. The search volume for the term "onchain" on Google hit an all-time high; 5. The US spot Ethereum ETF had a net outflow of US$133.3 million yesterday; 6. Vitalik: What ultimately determines the success of cryptocurrency is the actual application of technology; 7. Founder of a16z: The Biden administration's regulatory approach to cryptocurrency is stifling innovation and growth in the industry; 8. Founder of Skybridge Capital: Harris is open to cryptocurrency and will take a more moderate approach to encryption.