DeFi Data

1. Total market value of DeFi tokens: $87.432 billion

DeFi total market value Data source: coingecko

2. The transaction volume of decentralized exchanges in the past 24 hours was US$4.132 billion

The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko

3. Assets locked in DeFi: $93.954 billion

The top ten rankings of DeFi projects with locked assets and locked-in amounts. Data source: defillama

NFT Data

1. Total NFT market value: $33.828 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

2. 24-hour NFT trading volume: $1.889 billion

NFT total market value, top ten projects by market value Data source: Coinmarketcap

3. Top NFTs in 24 hours

Top 10 NFTs with the highest sales growth in 24 hours Data source: NFTGO

Headlines

Opinion: Trump may become the cryptocurrency industry's hope for the 2024 election

Golden Finance reported that J.W. Verret, associate professor at George Mason University's Antonin Scalia School of Law, said that in the 2024 US presidential election, cryptocurrency supporters may only have one choice - Donald Trump. The Biden administration has taken a number of measures to suppress cryptocurrencies, including encouraging banks to cut ties with cryptocurrency companies, treating developers as brokers, and prosecuting privacy protocol developers. In contrast, Trump administration nominees such as CFTC Chairman Chris Giancarlo and SEC Commissioner Hester Peirce are known for their support for cryptocurrencies. If Trump is re-elected, he is expected to continue to support the cryptocurrency industry.

NFT Hot Spots

1. US judge rejects DraftKings' request to dismiss the class action lawsuit filed by its NFT buyers

Golden Finance reported that a US judge in Massachusetts, USA, rejected DraftKings' request to dismiss a class action lawsuit filed by its NFT buyers. The lawsuit claimed that the tokens were investment contracts, laying the foundation for future court battles over whether NFTs are securities. DraftKings offers sports-themed NFTs on its market through the Polygon blockchain.

2. Coinsilium cooperates with NFT developer Liteflow and launches a $1 million seed project special funding program

Golden Finance reported that Web3 investment advisor Coinsilium Group Limited has reached a cooperation with NFT technology developer Liteflow and signed a memorandum of understanding (MoU), and announced a $1 million seed project special funding program for pre-selected start-up projects, aiming to discover and support the next generation of leading Web3 projects, focusing on first-class DeFi, GameFi and SocialFi applications. The two parties also plan to set up an investment committee, which will include reviewed and pre-approved co-investors, to grant Coinsilium and Liteflow priority for pre-seed investment opportunities, providing a competitive advantage in identifying and nurturing early-stage projects.

DeFi Hotspot

1. RWA Blockchain E Money Network launches $2 million funding program

Golden Finance reported that E Money Network announced the launch of a $2 million RWA funding program to promote the development of the RWA ecosystem. E Money Network is a modular RWA blockchain that provides developer-friendly SDKs and standardized modules such as KYC verification, banking, staking, and governance, and supports cross-chain communication and compliance. The program invites development teams to submit proposals for RWA applications. Qualified projects will receive funding ranging from $5,000 to $50,000, and enjoy guidance from industry experts, legal and compliance support, and marketing resources.

2. Arbitrum DAO will hold a token redelegation event from July 17 to 23

On July 3, Arbitrum announced in the forum that it will hold a token (re)delegation event from July 17 to July 23. The event aims to strengthen the active participation of community members in the DAO decision-making process and encourage ARB token holders to re-evaluate and allocate their voting rights to the most suitable representatives.

3. Decentralized cloud platform OORT receives funding from Microsoft

Golden Finance reports that decentralized physical infrastructure network OORT will receive significant support and integration from OpenAI, enabling them to enhance their AI capabilities while providing more utility to OORT’s Datahub product. OORT also plans to conduct a strategic storage and computing integration with Microsoft, which will enhance OORT storage and OORT computing solutions. This move will enhance OORT’s storage and data processing capabilities.

4. Solana Ecosystem Meme Project Pandiana Completes $500,000 Pre-Seed Round of Financing, with YNK Capital and Others Participating

Golden Finance reported that Solana Ecosystem Meme Project Pandiana announced the completion of a $500,000 Pre-Seed round of financing, with participation from YNK Capital, AlphaEquity Capital, and Gateron Ventures. Pandiana plans to integrate the Meme concept with the concept of earning while playing, while using the new funds to expand the influence of the Solana ecosystem and plans to launch the PNDA token pre-sale this week.

5. Ethereum client Geth released version v1.14.6

Golden Finance reported that the Ethereum Go language client Go Ethereum said on social media that the Ethereum client Geth released version v1.14.6. This update comes with the experimental witness construction verification code used in the "cross-validation" proposal.

Game Hotspot

1. Metaverse developer Playbux launches L1 game chain

Golden Finance reported that Web3 Metaverse developer Playbux has now launched an AI-driven Layer-1 zero-gas gaming blockchain.

2. Pixelverse will add Solana’s meme coin character MEW to the game

Golden Finance reports that Web3 gaming ecosystem Pixelverse will add Solana-based meme coin character MEW to its live games. The move could attract new users in the Telegram ecosystem, where Pixelverse games also operate. MEW will be the first Solana-based meme coin to launch on TON. Players on Pixelverse can earn token rewards by winning games using in-game bots or characters, and the game is estimated to have 35 million active players. Other featured characters on Pixelverse include the dog character from Dogecoin.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.