Forbes: The United States may introduce more federal policies to support cryptocurrencies
According to Forbes, former US President Donald Trump delivered a keynote speech at a Bitcoin conference in Nashville, and Trump's support for Bitcoin could change the United States. As the Republican Party embraces "Bitcoin Rights", the United States may see more federal policies that support cryptocurrencies. In addition, by embedding "Bitcoin Right" into its party platform, the Republican Party has sent a clear signal of support for pro-cryptocurrency policies that may affect the future of US financial regulation. According to relevant data, in terms of state-level legislation, more than 20 states in the United States are currently considering policies to support Bitcoin.
U.S. offers $10 million reward for information on location or identity of North Korean hacker Rim Jong Hyok
According to DLNews, a U.S. grand jury has charged North Korean citizen Rim Jong Hyok with conspiracy to hack and extort hospitals, launder ransom money, and fund intrusions into global defense, technology, and government entities. The U.S. State Department is offering a reward of up to $10 million for information about Rim Jong Hyok's location or identity. According to the U.S. Department of Justice, North Korean hacker Rim Jong Hyok was indicted for participating in ransomware attacks against U.S. hospitals and medical providers. His accomplices attacked and encrypted the computer networks of multiple U.S. hospitals and medical institutions by developing and using a custom ransomware called "Maui," and then extorted victims to pay a ransom to unlock their data.
A controversial proposal of Compound Finance was passed by whales, raising concerns about community governance attacks
According to The Block, a proposal recently passed by the lending protocol Compound Finance has raised concerns among community members about governance attacks. They claim that a small group of whales were able to force the proposal through the approval process after acquiring a large number of tokens on the open market. On Sunday, Proposal 289 was passed by a narrow margin of 682,191 votes to 633,636 votes. The proposal allocates 5% of Compound's funds (499,000 COMP tokens, worth about $24 million) to the yield protocol controlled by the "Golden Boys", a group led by the whale Humpy. It is reported that they have accumulated enough tokens on the open market to help them barely pass their proposal despite the opposition of many community members. Michael Lewellen, security consultant for Compound Finance, said he believes that several accounts that accumulate COMP tokens on the open market are associated with some proposals aimed at transferring COMP assets to yield products created by the "Golden Boys". At the same time, some community members, including Wintermute Governance, Columbia Blockchain, Penn Blockchain and StableLab, have also expressed concerns about governance attacks.
Tether CEO: Tether is preparing to launch a new open source project
Tether CEO Paolo Ardoino tweeted that Tether is preparing to launch a new open source project that will become an important part of the future ecosystem.
Grayscale launches ETF-related business recruitment
Grayscale posted a post on the X platform that it plans to recruit ETF-related business positions. According to relevant information, Grayscale plans to recruit senior ETF product assistants to support the growth and development of Grayscale's ETF business, including capital markets, operations, distribution and marketing. The position also requires an understanding of the U.S. ETF market and an in-depth understanding of financial markets, investment impacts, and portfolio construction.
Upbit suspends ARB and MAGIC deposits and withdrawals due to wallet system inspection
According to the Upbit announcement, due to wallet system maintenance, the deposit and withdrawal of Arbitrum (ARB) and Magic (MAGIC) have been suspended. The deposit and withdrawal services will be resumed once the maintenance is confirmed to be completed.
NEIRO: Bubblemaps disclosed false information, developers currently only hold 1.6% of the supply
NEIRO posted on the X platform that the information previously disclosed by Bubblemaps was false, and most of these addresses belonged to friends of DEV. The developers currently only hold 1.6% of the supply and have no plans to sell it in the near future.
Earlier news, SolanaFloor posted on the X platform that according to Bubblemaps analysis, the developers of Solana Ecosystem Meme Coin Neiro have made a profit of $3.3 million so far. They purchased it from multiple addresses and currently own 6% of the Neiro supply. It is reported that the current unrealized profit is $4 million.
Data: OP, ZETA, SUI, W and other tokens are scheduled to be unlocked next week, of which W unlocks about 174 million US dollars
Token Unlocks data shows that next week, ALT, ID, GAL, ENA and other tokens are expected to usher in large-scale unlocking, among which:
Tornado Cash (TORN) will unlock approximately 91,000 tokens at 11:30 am Beijing time on July 30, accounting for 2.41% of the current circulation and worth approximately $220,000.
1inch (1INCH) will unlock about 15,000 tokens at 8:00 pm Beijing time on July 31, worth about $5,500;
Echelon Prime (PRIME) will unlock approximately 750,000 tokens at 8:00 am Beijing time on July 31, accounting for 1.75% of the current circulation, with a value of approximately US$5.6 million;
Optimism (OP) will unlock approximately 31.34 million tokens at 8:00 am on July 31, Beijing time, accounting for 2.79% of the current circulation, with a value of approximately US$54.5 million;
Manta Network (MANTA) will unlock approximately 1.87 million tokens at 7:59 am Beijing time on August 1, accounting for 0.50% of the current circulation, with a value of approximately US$1.8 million;
DYDX (DYDX) will unlock approximately 8.33 million tokens at 8:00 am Beijing time on August 1, accounting for 3.65% of the current circulation, with a value of approximately US$10.8 million;
ZetaChain (ZETA) will unlock approximately 53.89 million tokens at 8:00 am Beijing time on August 1, accounting for 18.92% of the current circulation and worth approximately US$34.8 million;
Sui (SUI) will unlock approximately 64.19 million tokens at 8:00 am on August 1, Beijing time, accounting for 2.56% of the current circulation, with a value of approximately US$50.6 million;
Euler (EUL) will unlock approximately 49,500 tokens at 5:00 a.m. Beijing time on August 2, accounting for 0.27% of the current circulation and worth approximately $230,000.
Galxe (GAL) will unlock approximately 4.17 million tokens at 8:00 am Beijing time on August 2, accounting for 3.52% of the current circulation, with a value of approximately US$13.6 million;
Wormhole (W) will unlock about 600 million tokens at 7:30 pm Beijing time on August 3, accounting for 33.33% of the current circulation, with a value of about US$174 million;
Forta (FORT) will unlock about 50,000 tokens at 8:00 am on August 4th, Beijing time, accounting for 0.01% of the current circulation, with a value of about US$8,500;
Liquity (LQTY) will unlock approximately 493,000 tokens at 8:00 am Beijing time on August 4, accounting for 0.51% of the current circulation, with a value of approximately US$400,000;
Ethena (ENA) will unlock approximately 14.89 million tokens at 3:00 p.m. Beijing time on August 4, accounting for 0.87% of the current circulation and worth approximately US$6.9 million.
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