WuBlockchain Podcast: EP-15 Parallel Solution: How Movement Channel Ethereum's Technology @movementlabsxyz @rushimanche https://youtu.be/WACFl7YUEQY

According to TokenUnlocks, the large unlocking in July included DYDX SUI IO XAI IMX APT STRK ARB AXS APE PIXEL WLD ALT, etc., with unlocking value exceeding $730m. Among them, ALT exceeded 120 million US dollars. WLD began large-scale linear unlocking from July 24, $18m per day for 730 days.

Weekly Project Updates: BLAST Airdrop Goes Live, ZKsync Introduces New "Elastic Chain" Architecture, Aevo Updates Tokenomics, etc
https://open.substack.com/pub/wublock/p/weekly-project-updates-blast-airdrop?r=jbpop&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

HKbitEX said that Hong Kong's license for crypto assets can provide both cryptocurrency trading and security tokens (STO), which is more convenient than Singapore and the United States, because most licenses in other countries and regions can only provide one of the services. The Hong Kong SFC has made it clear this year that STO investment may be open to retail investors.

According to The Block, citing people familiar with the matter, the U.S. SEC has returned the S-1 form to potential Ethereum spot ETF issuers with only a few comments. The issuer has been asked to process these comments and resubmit by July 8. This means that at least one more round of filings will be required before the ETF finally starts trading.

On June 28, the total inflow of Bitcoin spot ETFs was $73.0454 million. Grayscale ETF GBTC had a single-day outflow of $27.1553 million, and BlackRock ETF IBIT had a single-day inflow of $82.4255 million. Ark Invest and 21Shares' ETF ARKB had a single-day inflow of $42.800 million.

A U.S. District Judge in the District of Columbia dismissed the SEC's charges against Binance and CZ related to secondary market BNB sales and Simple Earn. The SEC's charges against Binance's initial token offering and ongoing sales of BNB, BNB Vault, staking services, unregistered and fraud can proceed.

According to CryptoQuant, BTC fell below $60,000 in the early hours of this morning. At 3:00 UTC+8, the price difference between Coinbase BTC spot and Binance BTC-USDT was -0.285%, the lowest negative premium since May 1, which may indicate a relatively greater selling pressure from US investors on Coinbase.

OSL: There was a time when some virtual asset-related companies moved from Hong Kong to Singapore for development. However, a large number of these companies have returned to Hong Kong in the past year, which shows that there is greater confidence in the future development of Hong Kong's virtual asset market.

Binance: Recently, there has been an increase in Telegram-related fraudulent activity, particularly cases where cybercriminals impersonate Binance employees to commit fraud, deploy phishing or investment scam. Binance published a article to introduce common Telegram scams and share tips on how to avoid falling victim to them.

QCP: The market has to deal with overwhelming supply from the Mt. Gox unlocks as well as selling by government bodies. We could test lower towards 50k levels. We think the scary supply numbers are probably overstated and that the market will grind sideways in a range.

Igloo Inc., the parent company of NFT project Pudgy Penguins, has acquired the on-chain creator economy platform Frame. The Frame team will join Igloo to develop a Layer 2 network designed specifically for on-chain culture and community. Abstract Chain to create an ecosystem that supports and enhances the consumer crypto experience.

SEC: The Lido and Rocket Pool staking programs are each offered and sold as investment contracts and, therefore, securities. Investors make an investment of ETH in a common enterprise with a reasonable expectation of profits from the managerial efforts.
https://www.sec.gov/files/litigation/complaints/2024/comp-pr2024-79.pdf

Coinbase Derivatives has submitted multiple certification documents to the U.S. Commodity Futures Trading Commission (CFTC) to list regulated SHIB, LINK, AVAX, XLM and DOT futures contracts in the United States. https://www.coinbase.com/zh-cn/derivatives/filings

SEC on Friday sued Consensys in federal court in Brooklyn, New York, over allegations that the company “engaged in the offer and sale of securities” and “acted as an unregistered broker” through MetaMask. “Consensys violated the federal securities laws by failing to register as a broker and failing to register the offer and sale of certain securities,” the court filing alleges.

Just In: Following VanEck, 21Shares announced its application for the Solana spot ETF. https://www.sec.gov/Archives/edgar/data/2028834/000121390024057001/ea0208625-s1_21shares.htm

The wallet address marked as "US Government" transferred 11.84 BTC worth $726k to 3KHnTqDh2LUmzYe8hgSnxY2QHFcNmuuso9 at UTC+8 today. This may be a small test before a large transfer. The wallet holds the funds seized from Estonian crypto entrepreneurs Potapenko and Turogin.

The annual rate of the core PCE price index in May was 2.6%, expected to be 2.60%, and the previous value was 2.80%. The annual rate of the US core PCE price index in May was the smallest increase since March 2021. The monthly rate of the US core PCE price index in May was 0.1%, the smallest increase since November 2023.

WuBlockchain Weekly: VanEck Submits Solana ETF Application, Expected Launch of Physical Ethereum ETF Soon, Binance Bans Accounts Violating Megadrop Activity, etc https://wublock.substack.com/p/wublockchain-weekly-vaneck-submits?r=jbpop&utm_campaign=post&utm_medium=web&triedRedirect=true

Statistics on the coin listings of Binance Coinbase and Upbit, the world's three largest cryptocurrency exchanges, so far this year. Only LayerZero (ZRO), OMNI, Render, and Bounce are tokens listed on all three exchanges.