Headlines
Mt. Gox address transferred 33963.888 bitcoins today
According to Arkham monitoring, the Mt.Gox address in Mentougou transferred 33,963.888 bitcoins to two addresses today, with a value of approximately US$2.25 billion.
BTC falls below 66,000 USDT, down 0.4% in 24 hours
OKX market data shows that BTC fell below 66,000 USDT and is currently trading at 65,969 USDT, down 0.4% in 24 hours.
Binance Labs announces investment in Monad ecosystem liquidity staking platform aPriori
According to official news, Binance Labs announced its investment in aPriori, a liquidity staking platform in the Monad ecosystem. The specific amount has not been disclosed yet. It is reported that aPriori focuses on developing a liquidity staking solution driven by miner extractable value (MEV) on Monad.
Binance Labs announces first batch of projects for Season 7
Binance Labs announced the first batch of projects to be incubated in the seventh season, including Astherus: a liquidity center for staking assets such as Liquidity Staking Tokens (LST) and Liquidity Re-staking Tokens (LRT); CYCLE NETWORK: a universal, secure and verifiable chain abstraction that provides a bridgeless aggregated liquidity network for all blockchains (whether L1, L2, EVM or non-EVM); DILL: a scalable data availability network that is fully compatible with the Danksharding roadmap; EigenExplorer: EigenLayer's first native DeFi protocol.
Project News
Jito Foundation announces StakeNet Steward Program mainnet launch
According to official news, the Jito Foundation announced the launch of the StakeNet Steward Program mainnet to promote decentralized equity pool management. The Jito equity pool will transition its operations and management to the StakeNet protocol from July 29, 2024.
Binance Launchpool to Support Decentralized BNB Assets on Binance Web3 Wallet
Binance announced that starting from the next Launchpool, the decentralized BNB assets of Binance Web3 wallets will be included in the Launchpool reward calculation. If users hold supported decentralized BNB assets in Binance Web3 MPC wallets, then the assets will be counted towards the Launchpool BNB holdings to receive rewards. In addition to the Launchpool platform, Megadrop and HODLer airdrops will also support decentralized BNB assets.
Starknet Ecosystem DEX ZKX Founder: ZKX will stop operating, users are advised to withdraw all funds before September
Eduard, founder of ZKX Protocol, announced on the X platform that ZKX will cease operations due to the inability to find an economically viable protocol path. All markets have been delisted, positions have been closed, and all funds have been returned to each user's trading account; users can transfer funds from their trading accounts to their main accounts; the sunset period will last until the last day of August. The attribution and distribution of ZKX will continue after September 1; users are strongly recommended to withdraw funds before September and claim all STRK rewards.
Pontem: Liquidswap LSD airdrop claims are now open
Web3 product development studio Pontem announced on X that its DEX Liquidswap token LSD airdrop is now officially open for claiming. According to previous news, the first round of airdrop tokens accounted for 5% of the total supply and will be vested within 4 months. 10% of the total will be used for future airdrops and staking rewards. 49% of the airdrop distribution was allocated to early users before the April 7 snapshot, 27% was allocated to community NFT and Meme token holders, Lumio whitelist, testers/ambassadors (July 10 snapshot), and 24% was allocated to users who interacted between April 7 and July 10.
Sanctum: The domain name unstake.it is suspected to be a scam/phishing website, please do not interact with it
Sanctum posted on X that it no longer owns the domain name unstake.it. It is understood that a random entity has taken control of the domain name and it is now likely a scam/phishing website. Please do not enter or use this website. The official added that it is ensuring that the domain name is blacklisted by the wallet, please do not visit the website, and revoke all access to the website.
The Sandbox announces SAND will bridge to BSC and Base Chain in the coming weeks
According to official news, The Sandbox announced that SAND will be bridged to Binance Smart Chain (BSC) and Base Chain in the coming weeks as a supplement to the existing Polygon bridge.
Dmail is about to launch the second season airdrop, distributing a total of more than 5.88 million DMAIL
According to official news, Dmail Network released the details of the second quarter airdrop: Airdrop distribution time: UTC time before 23:59 on July 31, 2024 (Beijing time before 7:59 on August 1); snapshot time: July 17, 2024; DMAIL airdrop quantity: 5,882,695.35009 pieces (including 1,382,695.35009 pieces that no one claimed in the first quarter); number of eligible wallet addresses: 53,306; How to claim DMAIL second quarter airdrop: Users do not need to claim. The Dmail Network Foundation will automatically distribute DMAIL (BEP 20) tokens to the user's related EVM wallet address.
Compound's proposal involving governance attacks has been negotiated to be cancelled and a new product Staked Compound has been launched
Bryan Colligan, head of growth at Compound, said at the governance forum that Compound's Proposal 289, which was previously considered a governance attack, has been canceled through negotiation with the major holder Humpy, and Humpy will give up the external distribution of 500,000 COMP. In addition, the proposal stated that it is recommended to launch a new Staked Compound product to distribute market reserves and 30% of the annual increase in market reserves to COMP pledgers.
Investment and Financing
NFT startup Mintify completes $3.4 million in new round of financing, with Cumberland and others participating
NFT startup Mintify has completed a new round of financing of US$3.4 million, with participation from ARCA, Cumberland, Psalion, Master Ventures, Zeneca, GM Capital, Spencer VC and more than 50 angel investors. Mintify’s total financing amount is US$5 million. It is currently building infrastructure for NFT order books for gaming, art, and real-world asset markets.
Web3 AI company Hyperbolic completes $7 million seed round of financing, led by Polychain Capital and others
Web3 AI company Hyperbolic announced the completion of a $7 million seed round of financing, led by Polychain Capital and Lightspeed Faction, with participation from Chapter One, LongHash, Bankless Ventures, Republic Digital, Nomad Capital, CoinSummer Labs, Third Earth Capital, as well as angel investors including former Coinbase CTO Balaji Srinivasan, Near Protocol’s Illia Polosukhin, Polygon’s Sandeep Nailwal, Casey Caruso, and Santiago Santos.
Character*Voice
Bloomberg analyst: Grayscale Bitcoin Mini Trust transaction still needs to wait for final approval from the US SEC
Bloomberg analyst James Seyffart clarified in a post on the X platform that the Grayscale Bitcoin Mini Trust (BTC) is currently only expected to start trading tomorrow, but it still needs to obtain the final "approval" from the U.S. Securities and Exchange Commission. The regulator needs to confirm that the relevant prospectus documents are valid, and the results are expected to be given after the market closes today or before and after the close.
WisdomTree CEO: Regulatory transparency under Trump will make Bitcoin mainstream
WisdomTree CEO Jonathan Steinberg believes that Bitcoin and cryptocurrencies are on the verge of "mainstream" adoption and will achieve this status in the next few years. He believes that regulatory clarity, the emergence of publicly traded crypto funds, and RWA tokenization are the main catalysts for this trend. In the interview, Steinberg emphasized the importance of Trump's speech at the Bitcoin Conference on July 27 and the long-term ripple effect it will have on the industry. He pointed out that Trump's commitment to transparency in crypto and digital asset regulation marks a critical moment for the industry. He added that such a regulatory framework will have a profound positive impact on cryptocurrencies as an asset class and blockchain finance as a whole.
Goldman Sachs CEO: Bitcoin could be used as a store of value
Ryan Rasmussen, head of research at Bitwise, said that Goldman Sachs CEO David Solomon said in an interview with CNBC this morning at the Olympics that “there may be a use case for Bitcoin as a store of value.”
Vitalik: In the next ten years, we should not only consider the first layer of the network, but also really think about the impact on the world
At the Ethereum Developer Community Conference EDCON 2024, Vitalik Buterin delivered a keynote speech entitled "The Next 10 Years of Ethereum": We really have to keep changing our focus in the next decade. We have to think not only about one layer of the network, but also really think about what impact we are going to have on the world, what different applications we are going to build, and how we build them to truly preserve the values that we all have?
